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HomeMy WebLinkAboutUNIVERSITY ACRES FIFTH - Filed OA-OTHER AGREEMENTS - 2004-03-08DIE-HICRANDU-1ki OF AGRFET: EI\IT THIS l.vEF?T7w,TTT, made and entered into this ,i' february 21st daz* A.D. lc 61 , by and beti:aecn -1 CTT Ci :-r,,;T a munic r<."ion, hereinafte d s; L.-.tcd as first, �ir,l _, pu_ corpo -lTln. University Acres, Inc, Mae E. Tiley, Presiient Hereinafter desi-n,-tod as second nnrt'?, WIT17SSFTII: WHERFAS, rty has heretofa_e su..mitted a subdl�-is ion lat cl' the subdi,T":ic.< to be kno,,^rn as Univers_itv Acres Fifth SubdivisiorL__ For approval by the. 'Municipal Plannin_ -end. Zoning Board and hc- Ciry Council of the City of fort Collins; and "Ii� RrA3. said su 'vision plat is r.cce,)tablo to first nr_rty first partyls l:n °i a. n_d Zoning Board, -�j'ct to construction of utilicies in the area to be subdivided, in consideration of the premises and the terns of this agreement, it is mu'1,-iall;r agreed as follows: 1. First party a:rees that said subdivision plat shall be, and the same is 'Iereby approved. 2. In consideration of the: approval of said plat b,, first party, and first _partyts Planning and oning Board, second party a`rees as follows: (A) To submit to first party t'sie followf ng detail.d improvement plan,,., r:cc _'-able to the first Harty: (1) A plan of the proposed water 'istribution system including the connecting pipelines to the points of connection to the first party's existing crater distribution system and s'.cning all valves and fire hydrants. (2) Plans and profiles of the proposed sanitary secrer system including all manholes and connections to t:.e fi t party's existing sanitary sever system. (3) A plan of the proposed elect---- Cal d1-1sti°ibi11:.-i r y- including connecting lines to the first party's ex'st;_r.; elecisi.;a.i distribution system and including all street (4) Plans and profiles of all street, (r) Plans and profiles of the propo,cd system showing th connections to the first party's s`,os= snrrpr system and including all storm sewer inlets and manholes, (6) Items A(1) to A(5) inclusive are to be financed by the party of the second part,$ excepting only Item (3) electrical distr.buti)� system. All material required for street lights are to be pLiA.c.i the party of the second part to the Light & Power Department of t��c CiGyo In the event the City of Fort Collins shall require larger watsr mains, sanitary sewer mains or storm se,;rer mains to be constructed SP,. n the subdivision than .:,ould be required by standard engine^r__.l .,zJ,,A9os to serve the subdivision, in order to properl7* extend these ices to other areas, the City of Fort Collins '.rill pay a porno., cf cost of such enlarged facility based on proration of the cost r;e actually ccnstructed and the estimated cost of such f':cil`_t- e.s t'.e subal,: Jrove,d plan. Su(,.h p_�orati.on oI Jam,` c' Fort the subdivider s.iail je a ter_r�inod in :orsurueLien by the C_ty Engineer and in the event of any d`_.::ute th_l i'.',er shall be submitted to the City Council for final dete.:'r, 6ion. ID; 17_71SS `-r. :?0^, first party has caused these presorts t;c - . e sicned by its Pr:wor an-', its corporate seal to be hereto affixed attes' to by its City Clerk, p�.irsuant to motion of the Council of the City of j'ort Collins dated the iK+h _ day of December A.D., 19 60, and second party has hereto set his hand and seal the ;a7, 11 and year first hereinabove written, ATTU ST : TH CITY OF FORT COLLI"S, A Nw-iicipal Corporation By----^ r--71— j i First _ar`y City Clerk ?;) Sc--