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HomeMy WebLinkAboutASPEN HEIGHTS - Filed DA-DEVELOPMENT AGREEMENT -RECEPTION#: 20130087791, 12/02/2013 at 03:00:41 PM,1 OF 29, R $151.00 TD Pgs: 0 Angela Myers, Clerk $ Recorder, Larimer County, CO DEVELOPMENT AGREEMENT THIS DEVELOPMENT AGREEMENT (the "Agreement"), is made and entered into this 2 s-r day of _AVoyLmngg 2013, by and between the CITY OF FORT COLLINS, COLORADO, a Municipal Corporation, hereinafter referred to as the "City"; and Breckenridge Group Fort Collins Colorado, LLC, a Texas limited liability company hereinafter referred to as the "Developer." WITNESSETH: WHEREAS, the Developer is the owner of certain real property situated in the County of Larimer, State of Colorado (hereafter sometimes referred to as the "Property" or "Development") and legally described as follows, to wit: Aspen Heights Subdivision, located in Section 1, Township 7 North, Range 69 West of the 6th P.M., City of Fort Collins, County of Larimer, State of Colorado. WHEREAS, the Developer desires to develop the Property and has submitted to the City all plats, plans (including utility plans), reports and other documents required for the approval of a final plan according to the City's development application submittal requirements master list (the "Final Development Plan Documents") copies of which are on file in the office of the City Engineer and made a part hereof by reference; and WHEREAS, the parties hereto have agreed that the development of the Property will require increased municipal services from the City in order to serve such area and will further require the installation of certain improvements primarily of benefit to the Property and not to the City of Fort Collins as a whole; and WHEREAS, the City has approved the Final Development Plan Documents submitted by the Developer, subject to certain requirements and conditions, which involve the installation of and construction of utilities and other municipal improvements in connection with the development of the Property. WHERAS, the Final Development Plan Documents for this Development consist of multiple plan sets and, at the time of execution of this document, a portion of such plans (consisting of but not limited to the design for New Vine Drive and Redwood Street and the utilities within the right-of-ways for said streets) remain to be submitted t,,,tIty Clerk's Office City of Fort Collins 1 P.O. Box 580 Fort Collins, CO 80522 to, reviewed by, and approved by the City. Upon approval of these documents by the City they are to be considered a part of the Final Development Plan Documents for this Development and fall under the jurisdiction of this Agreement. WHEREAS, there are four (4) phases of construction for the Development and these are shown on that portion of the Final Development Plan Documents entitled Utility Plans for Aspen Heights -Fort Collins, Final Development Plans," as follows: Sheet 66 of 70 entitled "Overall Phasing Plan"; and Sheets 67 through 70 entitled, respectively, "Phase I Plan - NE," "Phase II Plan - SE," "Phase III Plan - NW," and Phase IV — SW." NOW, THEREFORE, in consideration of the promises of the parties hereto and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, it is agreed as follows: General Conditions A. The terms of this Agreement shall govem all development activities of the Developer pertaining to the Property. For the purposes of this Agreement, development activities" shall include, but not be limited to, the following: (1) the actual construction of improvements, (2) obtaining a permit therefor, or (3) any change in grade, contour or appearance of the Property caused by, or on behalf of, the Developer with the intent to construct improvements thereon. B. All water lines, sanitary sewer collection lines, storm sewer lines and facilities, streets, curbs, gutters, sidewalks, and bikepaths shall be installed as shown on the Final Development Plan Documents and in full compliance with the standards and specifications of the City on file in the office of the City Engineer at the time of approval of the utility plans relating to the specific utility, subject to a three (3) year time limitation from the date of approval of the site specific development plan. In the event that the Developer commences or performs any construction pursuant hereto after the passage of three (3) years from the date of approval of the site specific development plan, the Developer shall resubmit the utility plans to the City Engineer for reexamination. The City may then require the Developer to comply with the approved standards and specifications of the City on file in the office of the City Engineer at the time of the resubmittal. C. No building permit for the construction of any structure within the Property shall be issued by the City until the public water lines and stubs to each lot, fire hydrants, electrical lines, sanitary sewer lines and stubs to each lot, and public streets including curb, gutter, and pavement with at least the base course completed) serving such structure have been completed and accepted by the City. No building permits shall be issued for any structure located in excess of six hundred and sixty feet (660') from a single point of access, unless the structures contain sprinkler systems that are approved by the Poudre Fire Authority. 2 D. Any water lines, sanitary sewer lines, storm drainage lines, electrical lines, and/or streets described on Exhibit "A," attached hereto, shall be installed within the time and/or sequence required on Exhibit "A." If the City Engineer has determined that any water lines, sanitary sewer lines, storm drainage facilities and/or streets are required to provide service or access to other areas of the City, those facilities shall be shown on the Final Development Plan Documents and shall be installed by the Developer within the time as established under "Special Conditions" in this Agreement. E. Except as otherwise herein specifically agreed, the Developer agrees to install and pay for all water, sanitary sewer, and storm drainage facilities and appurtenances, and all streets, curbs, gutters, sidewalks, bikeways and other public improvements required by this Development as shown on the Final Development Plan Documents and other approved documents pertaining to this Development on file with the City. F. Street improvements shall not be installed until all utility lines to be placed therein have been completely installed, including all individual lot service lines (water and sewer) leading in and from the main to the property line and all electrical lines. G. The installation of all utilities shown on the Final Development Plan Documents shall be inspected by the Engineering Department of the City and shall be subject to such department's approval. The Developer agrees to correct any deficiencies in such installations in order to meet the requirements of the plans and/or specifications applicable to such installation. In case of conflict, the Final Development Plan Documents shall supersede the standard specifications, except that if the conflicts are a result of Federal or State mandated requirements, then the Federal or State mandated requirements shall prevail. H. All storm drainage facilities shall be designed and constructed by the Developer so as to protect downstream and adjacent properties against injury and to adequately serve the Property (and other lands as may be required, if any). The Developer shall meet or exceed the minimum requirements for storm drainage facilities as have been established by the City in its Drainage Master Plans and Design Criteria. The Developer, for itself and its successor(s) in interest, does hereby indemnify and hold harmless the City from any and all claims that might arise, directly or indirectly, as a result of the discharge of injurious storm drainage or seepage waters from the Property in a manner or quantity different from that which was historically discharged and caused by the design or construction of the storm drainage facilities, except for (1) such claims and damages as are caused by the acts or omissions of the City in maintenance of such facilities as have been accepted by the City for maintenance; (2) errors, if any, in the general concept of the City's master plans (but not to include any details of such plans, which details shall be the responsibility of the Developer); and (3) specific written or otherwise documented directives that may be given to the Developer by the City. The City agrees to give notice to the Developer of any claim made against it to which this indemnity and hold harmless agreement by the Developer could apply, 3 and the Developer shall have the right to defend any lawsuit based on such claim and to settle any such claim provided Developer must obtain a complete discharge of all City liability through such settlement. Failure of the City to give notice of any such claim to the Developer within ninety (90) days after the City first receives a notice of such claim under the Colorado Governmental Immunity Act for the same, shall cause this indemnity and hold harmless agreement by the Developer to not apply to such claim and such failure shall constitute a release of this indemnity and hold harmless agreement as to such claim. Approval of and acceptance by the City of any storm drainage facility design or construction shall in no manner be deemed to constitute a waiver or relinquishment by the City of the aforesaid indemnification. The Developer shall engage a Colorado licensed professional engineer to design the storm drainage facilities as aforesaid and it is expressly affirmed hereby that such engagement shall be intended for the benefit of the City, and subsequent purchasers of property in the Development. I. The developer shall pay the applicable "stormwater plant investment fee" in accordance with Chapter 26, Article VII of the City Code. This fee is included with building permit fees and shall be paid prior to the issuance of each building permit. J. The Developer shall provide the City Engineer with certified Record Plan Transparencies on permanent Black Image Mylars upon completion of each phase of the construction. Utilities will not be initially accepted prior to as -built drawings being submitted to and approved by the City of Fort Collins. K. The Developer specifically represents that to its knowledge all property dedicated (both in fee simple and as easements) to the City associated with this Development (whether on or off -site) is in compliance with all environmental protection and anti -pollution laws, rules, regulations, orders or requirements, including solid waste requirements, as defined by the U. S. Environmental Protection Agency Regulations at 40 C.F.R., Part 261, and that such property as is dedicated to the City pursuant to this Development, is in compliance with all such requirements pertaining to the disposal or existence in or on such dedicated property of any hazardous substances, pollutants or contaminants, as defined by the Comprehensive Environmental Response Compensation and Liability Act of 1980, as amended, and regulations promulgated thereunder. The Developer, for itself and its successor(s) in interest, does hereby indemnify and hold harmless the City from any liability whatsoever that may be imposed upon the City by any governmental authority or any third party, pertaining to the disposal of hazardous substances, pollutants or contaminants, and cleanup necessitated by leaking underground storage tanks, excavation and/or backfill of hazardous substances, pollutants or contaminants, or environmental cleanup responsibilities of any nature whatsoever on, of, or related to any property dedicated to the City in connection with this Development, provided that such damages or liability are not caused by circumstances arising entirely after the date of acceptance by the City of the public improvements constructed on the dedicated property, except to the extent that such circumstances are the result of acts or omissions of the Developer. Said indemnification shall not extend to claims, actions or other liability arising as a result of any hazardous substance, pollutant or contaminant generated or deposited by the City, its agents or representatives, upon the property dedicated to the City in connection with this Development. The City agrees to give notice to the Developer of any claim made against it to which this indemnity and hold harmless agreement by the Developer could apply, and the Developer shall have the right to defend any lawsuit based on such claim and to settle any such claim provided the Developer must obtain a complete discharge of all City liability through such settlement. Failure of the City to give notice of any such claim to the Developer within ninety (90) days after the City first receives a notice of such claim under the Colorado Governmental Immunity Act for the same, shall cause this indemnity and hold harmless agreement by the Developer to not apply to such claim and such failure shall constitute a release of this indemnity and hold harmless agreement as to such claim. L. The Developer acknowledges and agrees that the City, as the owner of any adjacent property (the "City Property') on which off -site improvements may be constructed, or that may be damaged by the Developer's activities hereunder, expressly retains (and does not by this Agreement waive) its rights as property owner. The City's rights as owner may include without limitation those rights associated with the protection of the City Property from damage, and/or the enforcement of restrictions, limitations and requirements associated with activities on the City Property by the Developer as an easement recipient. M. If the Developer or Contractor or any agent or representative thereof causes damage to any public infrastructure (including without limitation, any surface pavers, flagstones, or other stone or concrete surfaces, planters, street and decorative lights, or canopies) such damage shall be promptly repaired with the same kind, quality, color, serviceability and material composition aspects as was possessed by the infrastructure damaged, unless otherwise expressly agreed to by the City in writing. Paver repair and replacement in Downtown alleys shall comply with the City's specific requirements for pavers. II. Special Conditions A. Water Lines Not applicable. B. Sewer Lines Not Applicable C. Storm Drainage Lines and Appurtenances 1. All on -site and off -site storm drainage improvements required for each applicable phase of construction of the Development, as such phasing is described above and as shown on the Final Development Plan Documents, shall be 5 completed by the Developer in accordance with said Final Development Plan Documents prior to the issuance any certificate of occupancy. Completion of improvements shall include the certification by a professional engineer licensed in Colorado that the drainage facilities which serve this Development have been constructed in conformance with said Final Development Plan Documents. Said certification shall be submitted to the City at least two weeks prior to the issuance of any certificate of occupancy in this Development. 2. The Developer shall be responsible for maintaining the structural integrity and operational functions of all drainage facilities throughout the build -out of this Development and through the warranty periods described in Section ILL below and on Exhibit "B" attached hereto. If at any time following certification (as required pursuant to paragraph one (1) above) of said drainage facilities and during the construction of structures and/or lots within this Development the City reasonably decides that said drainage facilities no longer comply with the Final Development Plan Documents, the City shall give written notice to the Developer of all items which do not comply with the Final Development Plan Documents. Unless the Developer successfully appeals the decision of non-compliance, it shall bring such facilities back up to the standards and specifications as shown on the Final Development Plan Documents. Failure to maintain the structural integrity and operational function of said drainage facilities following certification shall result in the withholding of the issuance of additional building permits and/ or certificates of occupancy until such drainage facilities are repaired to the operational function and structural integrity which was approved by the City. 3. The Developer agrees to provide and maintain erosion control improvements as shown on the Final Development Plan Documents to stabilize all over - lot grading in and adjacent to this Development. The Developer shall also be required to post a security deposit in the amount of $23,664.45 prior to beginning construction to guarantee the proper installation and maintenance of the erosion control measures shown on the Final Development Plan Documents. Said security deposit(s) shall be made in accordance with the criteria set forth in the City's Storm Drainage Design Criteria and Construction Standards (Criteria). If, at any time, the Developer fails to abide by the erosion control provisions of the Final Development Plan Documents or the erosion control provisions of the Criteria after receiving notice of the same or an emergency situation exists which would reasonably require immediate mitigation measures, then, in either event, and notwithstanding any provisions contained in paragraph III(J) to the contrary, the City may enter upon the Property for the purpose of making such improvements and undertaking such activities as may be necessary to ensure that the provisions of said plans and the Criteria are properly enforced. The City may apply such portion of the security deposit(s) as may be necessary to pay all costs incurred by the City in undertaking the administration, construction, and/or installation of the erosion control measures required by said plans and the Criteria. In addition, the City shall have the option to withhold building permits and certificates of occupancy, as stated in Paragraph III.D of this Agreement, as it deems necessary in order to ensure tJ that the Developer installs and maintains the erosion control measures throughout the build -out of this Development. 4. It is important that all lots be graded to drain in the configuration shown on the Final Development Plan Documents. For this reason the following requirements shall be followed for all buildings/structures on all lots: Prior to the issuance of a certificate of occupancy for any lot or building the Developer shall provide the City with certification that the lot and or the building has been graded correctly. This grading certification shall demonstrate that the lot or building finish floor elevation has been built in accordance with the elevation specified on the Final Development Plan Documents. The certification shall also show that the minimum floor elevation or minimum opening elevation for any building constructed is in compliance with the minimum elevation as required on the Final Development Plan Documents. The certification shall demonstrate as well that any minor swales adjacent to the building or on the lot have been graded correctly and in accordance with the grades shown on the Final Development Plan Documents. The certification shall also show that the elevations of all comers of the lot are in accordance with the elevations shown on the Final Development Plan Documents. Said certification shall be completed by a Colorado licensed professional engineer and shall be submitted to the City at least two weeks prior to the date of issuance of the desired certificate of occupancy. 5. The Developer shall obtain the City's prior approval of any changes from the Final Development Plan Documents in grade elevations and/or storm drainage facility configuration that occur as a result of the construction of houses and/or development of lots, whether by the Developer or other parties. The City reserves the right to withhold the issuance of building permits and certificates of occupancy for this Development until the City has deemed such changes as being acceptable for the safe and efficient delivery of storm drainage water. 6. The Developer shall limit the construction of the off -site storm drainage improvements to the limits of construction as shown on the Final Development Plan Documents. The contractor shall re -seed and/or restore all areas that are disturbed during construction of the off -site storm drainage improvements in accordance with the Final Development Plan Documents promptly following construction. The Developer shall ensure that no negative impact occurs to the adjoining properties during the construction of these facilities. No grading shall be done outside of the approved areas as shown on the Final Development Plan Documents. 7. The drainage design for this Development provides for the evacuation of storm drainage runoff in a reasonable amount of time out of the water quality and detention facilities and into the drainage outfall system. The water quality and detention facilities have been designed to discharge stormwater runoff from frequent storms over a 40 hour period through a small diameter outlet. Under the intended operation of the water quality and detention pond, there will not be standing water in the pond more than 48 hours after the end of a rainfall event. If after 7 construction and acceptance of the detention facilities associated with this Development, surfacing or standing water conditions persist in these facilities; and if such conditions are beyond what can be expected in accordance with the approved stormwater design, the Developer shall promptly, upon such discovery, install an adequate de -watering system in the detention facilities. Such a system shall be reviewed and approved by the City prior to installation. 8. The Developer shall be responsible for maintenance of all storm drainage facilities that are constructed outside of the public right-of-way, except for the storm drainage lines that are to be built as part of the Northeast College Corridor Outfall City storm water improvements outlined in Exhibit "C" attached hereto (the "NECCO Improvements"), which lines shall be maintained in their entirety by the City following certification of these lines by the Developer, their acceptance by the City and expiration of the warranty periods described on Exhibit "B" attached hereto. The Developer is responsible for maintaining all private storm water improvements per the Standard Operating Procedures attached hereto as Exhibit "D". 9. The Developer and the City agree that the installation of the NECCO Improvements being constructed by this Development shall be paid by the Developer. In accordance with Sec. 26-545, the City shall reimburse the Developer for a portion of the costs associated with building these improvements. The Developer shall not be required to submit three proposals as required in Sec. 26-545 (b)(3). As shown on Exhibit C, the total cost of the NECCO Improvements is estimated to be 1,021,029.59 ($887,851.82 estimated costs plus a 15% contingency). The Development's portion of the NECCO Improvement costs is $372,569.00. Therefore in the event that the actual costs of the NECCO Improvements exceeds $1,021,029.59, the City shall have no obligation to reimburse the Developer for any amount greater than $648,460.59. 10. The City shall reimburse the Developer within 60 days from submittal of invoices as long as the City has available funds appropriated for that purpose at the time these invoices are submitted. If not, the City shall reimburse the Developer as soon as funds are appropriated for that purpose. The invoice submitted to the City shall be the actual invoices from Developer's contractor. 11. The Developer and the City agree that the portion of this agreement dealing with the repay of the NECCO Improvements is to be carried out only if the Developer of this Development completes, or causes the completion of, the actual improvements in accordance with paragraph II.C.9 above. If such improvements are built by someone other than Developer or its contractor, then no reimbursement shall be due to the Developer and any portion of this Agreement that deals with the repay for NECCO Improvements, including Exhibit "C" attached hereto, shall be null and void. 12. The parties acknowledge that the Developer entered into a redevelopment agreement with the Fort Collins Urban Renewal Authority (the "URA") on March 29, 2013 (the "Redevelopment Agreement") to provide for reimbursement to the Developer by the URA of a portion of the cost of the local street and landscaping improvements for New Vine Drive and Redwood Street, and certain tree removal and replacement. Section 3.5 of the Redevelopment Agreement also provides for a possible temporary loan from the URA to the City to expedite the payment of reimbursement of the NECCO Improvements in the event that such reimbursement is not fully appropriated and paid to the Developer by the City upon Developer's completion of the NECCO Improvements. To the extent that the URA reimburses the Developer for any of the costs of the NECCO Improvements, the City reimbursement obligations under this Agreement shall be reduced accordingly. D. Streets 1. Subject to the conditions of this Agreement, the City agrees to reimburse the Developer for oversizing public street improvements along Conifer Street for those portions of said street abutting the Property as shown on the Final Development Plan Documents. Reimbursement for Conifer Street shall be for oversizing the street sidewalk from local (access) standards to collector standards. The City shall make reimbursement to the Developer for the aforesaid oversized street improvements in the manner provided in and in accordance with Section 24-112 of the Code of the City. The Developer agrees and understands that the City shall have no obligation to make reimbursement payments for street oversizing unless funds for such payments shall first have been budgeted and appropriated from the Street Oversizing Fund by the City Council; and the Developer further understands that to the extent that funds are not available for such reimbursement, the City may not, in the absence of the Developer's agreement, require the construction, at the Developer's expense, of any oversized portion of streets not reasonably necessary to offset the traffic impacts of the Development. The Developer does hereby agree to construct the aforesaid oversized street improvements with the understanding that the Developer may not be fully reimbursed by the City for the cost of such construction. The Developer further agrees to accept payment in accordance with Section 24-112 (d) of the Code of the City as full and final settlement and complete accord and satisfaction of all obligations of the City to make reimbursements to the Developer for street oversizing expenses. 2. Subject to the conditions of this Agreement, the City agrees to reimburse the Developer for oversizing public street improvements along Redwood Street for those portions of said street abutting the Property as shown on the Final Development Plan Documents. Reimbursement for Redwood Street shall be for oversizing the street sidewalk only from Conifer Street south to a point 180 feet south of the south property line (where the existing pavement section ends) as shown on the Final Development Plan Documents and for oversizing the street from a point 180 feet south of the south property line (where the existing pavement section ends) to Cajetan Street from local (access) standards to collector standards. The City shall make reimbursement to the Developer for the aforesaid oversized street improvements in the manner provided in and in accordance with Section 24-112 of the Code of the City. The Developer agrees and understands that the City shall have no obligation to make reimbursement payments for street oversizing unless funds for such payments shall first 9 have been budgeted and appropriated from the Street Oversizing Fund by the City Council; and the Developer further understands that to the extent that funds are not available for such reimbursement, the City may not, in the absence of the Developer's agreement, require the construction, at the Developer's expense, of any oversized portion of streets not reasonably necessary to offset the traffic impacts of the Development. The Developer does hereby agree to construct the aforesaid oversized street improvements with the understanding that the Developer may not be fully reimbursed by the City for the cost of such construction. The Developer further agrees to accept payment in accordance with Section 24-112 (d) of the Code of the City as full and final settlement and complete accord and satisfaction of all obligations of the City to make reimbursements to the Developer for street oversizing expenses. 3. Subject to the conditions of this Agreement, the City agrees to reimburse the Developer for oversizing public street improvements along the arterial street located along the south boundary of the property (official name not yet known, but the street is currently being referred to as 'New Vine Drive') for those portions of said street abutting the Property as shown on the Final Development Plan Documents. Reimbursement for New Vine Drive shall be for oversizing the street from local (access) standards to arterial standards. The City shall make reimbursement to the Developer for the aforesaid oversized street improvements in the manner provided in and in accordance with Section 24-112 of the Code of the City. The Developer agrees and understands that the City shall have no obligation to make reimbursement payments for street oversizing unless funds for such payments shall first have been budgeted and appropriated from the Street Oversizing Fund by the City Council; and the Developer further understands that to the extent that funds are not available for such reimbursement, the City may not, in the absence of the Developer's agreement, require the construction, at the Developer's expense, of any oversized portion of streets not reasonably necessary to offset the traffic impacts of the Development. The Developer does hereby agree to construct the aforesaid oversized street improvements with the understanding that the Developer may not be fully reimbursed by the City for the cost of such construction. The Developer further agrees to accept payment in accordance with Section 24-112 (d) of the Code of the City as full and final settlement and complete accord and satisfaction of all obligations of the City to make reimbursements to the Developer for street oversizing expenses. 4. It is understood that the improvements that are to be constructed in the public right-of-way as described in this Section II(D) are "City improvements" (as defined below) and, as such, any contract for the construction of the same must be executed in writing. If the cost of such improvements exceeds the sum of Thirty Thousand Dollars ($30,000), the contract for the construction of the same must be submitted to a competitive bidding process resulting in an award to the lowest responsible bidder; and evidence must be submitted to the City prior to the commencement of the work showing that the award was given to the lowest responsible bidder. If the cost of such improvements exceeds Fifty Thousand Dollars ($50,000), the contract for the construction of the improvements must be insured by a performance bond or other equivalent security. For purposes of this paragraph, the term "City 10 improvements" shall mean either (1) existing improvements owned by the City that are to be modified or reconstructed, or (2) any improvements funded in whole or in part by the City. 5. In accordance with Section 24-95 of the City Code the Developer is responsible for constructing the portion of Lupine Street adjacent to the site prior to the issuance of the first building permit. Notwithstanding the foregoing, the Developer shall have the option to postpone the Lupine Street construction from station 10+00 to station 10+13.10, by delivering to the City a cash deposit sufficient to guarantee completion of the construction of the improvements and the removal of the interim pan. The amount of said funds shall be the estimated cost of the removal of the interim improvements in the right-of-way plus the City adopted 'Local Street Cost' for the year in which the payment is made. The Local Street Cost is a per linear foot cost estimate prepared yearly and approved by the City for the cost to install the local street portion of a roadway. The estimate includes but is not limited to the cost of the pavement and subgrade, curb, gutter and 4.5 feet (in width) of sidewalk, and the parkway landscaping. The removal estimate shall be prepared by the Developer and approved by the City, plus an additional 25% of the estimate to cover any contingencies and unexpected costs. The total of the Local Street Cost and removal costs shall be deposited with the City prior to the issuance of any building permit for this Development. The improvements to Lupine Street shall be constructed at such time that the City deems the improvements to be necessary or at such time as improvements are made to adjacent portions of Lupine Street, whichever shall first occur; provided, however, that the City shall not withhold building permits or certificates of occupancy on account of such 13.10 feet of improvements not having been completed so long as the Developer timely commences and completes the construction of the remaining street portion as provided herein and has made the substitutionary payment described above. Any interest earned by the City as a result of said deposit shall be the property of the City. If the Developer is the party that constructs, or causes the construction of, said improvements, upon completion of said improvements and acceptance of them by the City, the City shall return to the Developer the amount deposited, less 3% of the total amount remaining, (which includes said amount deposited plus any interest earned by the City) to be kept by the City to cover its costs for administration of said deposits. 6. Only public utilities (utilities owned and maintained by the City and gas utilities owned by Xcel Energy) or utility providers that have a franchise agreement with the City are allowed to be installed and located within public right-of-ways and public easements. Private utilities are allowed to cross public rights -of -way and easements provided that the crossing is perpendicular to the public right-of-way or easement, that sleeves are provided for the crossing in accordance with City standards, encroachment permits for such crossing are obtained, and the utility is registered with the utility locate center. Any private utilities found within public rights -of -way or 11 easements not meeting the above criteria serving the site shall be required to be removed by the Developer at the Developer's expense. All sleeves across the right-of- way shall be designed and installed in accordance with City standards then in effect. 7. Notwithstanding any provision herein to the contrary, the Developer shall be responsible for all costs for the initial installation of traffic signing and striping for this Development, including both signing and striping related to the Developer's internal street operations and the signing and striping of any adjacent or adjoining local, collector or arterial streets that is made necessary because of the Development. 8. Following completion of all public infrastructure improvements, the Developer shall continue to have responsibility for maintenance and repair of said improvements in accordance with Sections 2.2.3, 3.3.1 and 3.3.2 of the Land Use Code of the City. E. Natural Resources 1. The Developer agrees that, in order to comply with Section 3.4.1 of the Land Use Code, it must establish at least 0.69 acres of wetlands in order to mitigate the loss of 0.69 acres of wetlands located in the project site. To meet this requirement, the Developer has requested that the City mitigate for said 0.69 acre by establishing mitigation wetlands as part of a City project within the Poudre River Corridor in the City, conditioned upon the payment by the Developer to the City of the amount of $48,300 prior to the issuance of a Development Construction Permit. The City will inform the Developer of the location and boundary of such mitigation wetlands after they have been determined by the City. Upon making such payment, the Developer shall be deemed to have fully met its obligation to mitigate the loss of 0.69 acres of wetlands and shall have no further obligation in connection therewith. 2. The Developer agrees, in order to further comply with Section 3.4.1 of the Land Use Code, to replace the lost ecological value from the removal of the site's prairie dog colony in the following manner. a. First, the Developer shall provide a cash -in -lieu payment of 900 per acre to the City of Fort Collins. The total area of disturbance is 31 acres, conditioned upon the payment by the Developer to the City of the amount of $27,900 prior to the issuance of a Development Construction Permit. b. Second, the Developer agrees to conduct one (1) week of live trapping of prairie dogs on the site prior to the humane eradication of the prairie dogs. The live trapping of prairie dogs shall be delivered to the U.S. Fish and Wildlife Service Ferret Research Center. The Developer shall notify the City prior to initiating the live trapping. C. Third, after the completion of the live trapping but prior to the commencement of any development activities within the Limits of Development 12 L.O.D.), the Developer shall relocate or eradicate any prairie dogs inhabiting any portions of the site using City -approved methods as set forth in Chapter 4 of the City Code. If prairie dogs are present, fumigation is best done between late April and early June and relocation shall occur prior to March 1 or after May 31 of any given year. 3. Fueling facilities shall be located at least one hundred (100) feet from natural body of water, wetland, natural drainage way or manmade drainage way. The fuel tanks and fueling area must be set in a containment area that will not allow a fuel spill to directly flow, seep, run off, or be washed into a body of water, wetland or drainage way. 4. The Developer shall delineate the Development property boundary adjacent to all Limits of Development (L.O.D.) as defined by Article V, Section 5.1.2 of the Land Use Code, including boundaries around existing trees that are to be undisturbed, with orange construction fence prior to any type of construction, including overlot grading. F. Soil Amendment 1. In all areas within each applicable phase of construction of this Development that are to be landscaped or planted in accordance with the Final Development Plan Documents, and do not require a building permit, the soils shall be loosened and amended by the Developer in accordance with Section 3.8.21 of the Land Use Code prior to the issuance of any certificate of occupancy in this Development. Completion of soil amendments shall include certification by the Developer that the work has been completed. This certification shall be submitted to the City at least two (2) weeks prior to the date of issuance of any certificate of occupancy in this Development. G. Ground Water, Subdrains and Water Rights 1. The City shall not be responsible for, and the Developer (for itself and its successor(s) in interest) hereby agrees to indemnify and hold harmless the City against any damages or injuries sustained in the Development as a result of ground water seepage or flooding, structural damage, or other damage unless such damages or injuries are proximately caused by the City's negligent operation or maintenance of the City's storm drainage facilities in the Development. However, nothing herein shall be deemed a waiver by the City of its immunities, defenses, and limitations to liability under the Colorado Governmental Immunity Act (Section 24-20-101 CRS, et. seq.) or under any other law. 2. If the Development includes a subdrain system, any such subdrain system, whether located within private property or within public property such as street rights -of -way or utility or other easements, shall not be owned, operated, maintained, repaired or reconstructed by the City and it is agreed that all ownership, operation, maintenance, repair and reconstruction obligations shall be those of the Developer or 13 the Developer's successor(s) in interest. Such subdrain system is likely to be located both upon private and public property and, to the extent that it is located on public property, all maintenance, operation, repair or reconstruction shall be conducted in such a manner that such public property shall not be damaged, or if damaged, shall, upon completion of any such project, be repaired in accordance with then existing City standards. The City shall not be responsible for, and the Developer, for itself and its successor(s) in interest, hereby agrees to indemnify and hold harmless the City against any damages or injuries sustained in the Development as the result of groundwater seepage or flooding, structural damage or other damage resulting from failure of any such subdrain system. 3. Without admitting or denying any duty to protect water rights, the Developer, for itself and its successor(s) in interest, hereby agrees to indemnify and hold harmless the City against any damages or injuries to water rights caused, directly or indirectly by the construction, establishment, maintenance or operation of the Development. 4. The City agrees to give notice to the Developer of any claim made against it to which the foregoing indemnities and hold harmless agreements by the Developer could apply, and the Developer shall have the right to defend any lawsuit based on such claim and to settle any such claim provided the Developer must obtain a complete discharge of all City liability through such settlement. Failure of the City to give notice of any such claim to the Developer within ninety (90) days after the City first receives notice of such claim under the Colorado Governmental Immunity Act for the same, shall cause the forgoing indemnities and hold harmless agreements by the Developer to not apply to such claim and such failure shall constitute a release of the foregoing indemnities and hold harmless agreements as to such claim. H. Hazards and Emergency Access 1. No combustible material will be allowed on the site until a permanent water system for each applicable phase is installed by the Developer and approved by the City. 2. Prior to beginning any building construction, and throughout the build -out of this Development, the Developer shall provide and maintain at all times a reasonable accessway to each building. Such accessway shall be adequate to handle any emergency vehicles or equipment, and the accessway shall be kept open during all phases of construction. Such accessway shall be constructed to an unobstructed width of at least 20 feet with 4 inches of aggregate base course material compacted according to city standards and with an 100 foot diameter turnaround at the building end of said accessway. The turnaround is not required if an exit point is provided at the end of the accessway. Prior to the construction of said accessway, a plan for the accessway shall be submitted to and approved by the Poudre Fire Authority and City Engineer. (Three plan sets shall be submitted to the Poudre Fire Authority at 102 Remington Street for review and processing.) If such accessway is at any time deemed inadequate by the 14 Poudre Fire Authority or City Engineer, the accessway shall be promptly brought into compliance and until such time that the accessway is brought into compliance, the City and/or the Poudre Fire Authority may issue a stop work order for all or part of the Development. Building Permits 1. Notwithstanding anything to the contrary in Section I.C. of this Agreement, the following provisions shall govern the issuance of building permits for this Development. a. No building permit for the construction of any structure within Phase 1 of the Property shall be issued by the City until the public water lines and stubs to each building, fire hydrants, electrical lines, sanitary sewer lines and stubs to each building, and public streets (including curb, gutter, sidewalk, and pavement with at least the base course completed) serving such structure in Phase 1 have been completed and accepted by the City. Public streets for Phase 1 include Lupine Street (from Redwood Street to Blue Spruce Drive, including the sidewalk on the north side of this portion of roadway), Blue Spruce Drive (Lupine Street to Conifer Street — no sidewalk needs to be installed with phase 1 along this portion of roadway), Conifer Street (sidewalk along Conifer from Jax Surplus to Redwood Street), Redwood Street (sidewalk from Conifer Street to Lupine Street). b. No building permit for the construction of any structure within Phase 2 of the Property shall be issued by the City until the public water lines and stubs to each building, fire hydrants, electrical lines, sanitary sewer lines and stubs to each building, and public streets (including curb, gutter, sidewalk, and pavement with at least the base course completed) serving such structure in Phase 2 have been completed and accepted by the City. Public Streets for Phase 2 include infrastructure constructed with Phase 1, the public sidewalk along the south side of Lupine Street adjacent to Phase 2, and sidewalk along the west side of Redwood Street adjacent to Phase 2. C. No building permit for the construction of any structure within Phase 3 of the Property shall be issued by the City until security for the New Vine Drive and Redwood Street roadway infrastructure construction has been provided to the City in acceptable form and until Phase 3 public water lines and stubs to each building, fire hydrants, electrical lines, sanitary sewer lines and stubs to each building, and public streets (including curb, gutter, sidewalk, and pavement with at least the base course completed) serving such structure in Phase 3 have been completed and accepted by the City. Public streets for Phase 3 include infrastructure constructed with Phase 1 and 2, the extension of Lupine Street from Blue Spruce Drive to the west property line, and sidewalks on the north side of Lupine Street adjacent to Phase 3 and sidewalk on Blue Spruce Drive from Lupine Street to Conifer Street. 15 d. No building permit for the construction of any structure within Phase 4 of the Property shall be issued by the City until the public water lines and stubs to each building, fire hydrants, electrical lines, sanitary sewer lines and stubs to each building, public streets (including curb, gutter, sidewalk, and pavement with at least the base course completed) serving such structure in Phase 4, and New Vine Drive and Redwood Drive have been completed and accepted by the City. Public streets for Phase 4 include infrastructure constructed with Phases 1, 2, and 3, Blue Spruce Drive from Lupine Drive to New Vine Drive, New Vine Drive from the west property line to Redwood Street including sidewalk along both sides of the roadway), and Redwood Street from Lupine Drive to Cajetan Street (sidewalk on the west side only), and all sidewalk along Lupine Street adjacent to Phase 3. 2. Notwithstanding any provision of this Agreement to the contrary, the Developer shall have the right to obtain Footing and Foundation permits upon the installation of all underground water, sanitary sewer, and storm sewer facilities, and an emergency accessway for the phase in which the permit is being requested. Facilities shall include, but not be limited to, all mains, lines, services, fire hydrants and appurtenances for the phase as shown on the Final Development Plan Documents. J. Development Construction Permit 1. The Developer shall apply for and obtain a Development Construction Permit for this Development, in accordance with Division 2.6 of the Land Use Code, prior to the Developer commencing construction. The Developer shall pay the required fees for said Permit and construction inspection, and post security to guarantee completion of the public improvements required for this Development, prior to issuance of the Development Construction Permit. K. Maintenance and Repair Guarantees 1. The Developer agrees to provide a two-year maintenance guarantee and a five-year repair guarantee covering all errors or omissions in the design and/or construction of the public improvements required for this Development, which guarantees shall run concurrently and shall commence upon the date of completion of the public improvements and acceptance thereof by the City. More specific elements of these guarantees are noted in Exhibit "B." Security for the maintenance guarantee and the repair guarantee shall be as provided in Section 3.3.2(C) of the Land Use Code. Notwithstanding the provisions of Paragraphs III (H) and (1) of this Agreement to the contrary, the obligations of the Developer pursuant to this paragraph and Exhibit "B" may not be assigned or transferred to any other person or entity unless the warranted improvements are completed by, and a letter of acceptance of the warranted improvements is received from the City by, such other person or entity. 16 L. Shuttle Service 1. The Developer, or an operator under contract to the Developer, shall, prior to the issuance of more than eighty (80) certificates of occupancy, provide shuttle bus services between the development site and the main campus of Colorado State University. This shuttle bus service shall operate on weekdays whenever Colorado State University is holding classes and shall run on at least an hourly departure schedule between the hours of 7 am and 5 pm. if there is insufficient ridership demand to support the need for the shuttle bus service the Developer may apply for a minor amendment to the approved final plan for the Development to reduce the routes or eliminate the shuttle bus service. All shuttle bus services provided under this paragraph shall be for the use of the residents of the Development only, and shall be provided free of charge to such residents. III. Miscellaneous A. The Developer agrees to provide and install, at its expense, adequate barricades, warning signs and similar safety devices at all construction sites within the public right-of-way and/or other areas as deemed necessary by the City Engineer andTrafficEngineerinaccordancewiththeCity's "Work Area Traffic Control Handbook" and shall not remove said safety devices until the construction has been completed. B. As required pursuant to Chapter 20, Article IV of the City Code, the Developer shall, at all times, keep the public right-of-way free from accumulation of waste material, rubbish, or building materials caused by the Developers operation, or the activities of individual builders and/or subcontractors; shall remove such rubbish as often as necessary, but no less than daily and; at the completion of the work, shall remove all such waste materials, rubbish, tools, construction equipment, machinery, and surplus materials from the public right-of-way. The Developer further agrees to maintain the finished street surfaces so that they are free from dirt caused by the Developer's operation or as a result of building activity. Any excessive accumulation of dirt and/or construction materials shall be considered sufficient cause for the City to withhold building permits and/or certificates of occupancy until the problem is corrected to the satisfaction of the City Engineer. If the Developer fails to adequately clean such streets within two (2) days after receipt of written notice, the City may have the streets cleaned at the Developer's expense and the Developer shall be responsible for prompt payment of all such costs. The Developer also agrees to require all contractors within the Development to keep the public right-of-way clean and free from accumulation of dirt, rubbish, and building materials. C. The Developer hereby agrees that it will require its contractors and subcontractors to cooperate with the City's construction inspectors by ceasing operations when winds are of sufficient velocity to create blowing dust which, in the inspector's opinion, is hazardous to the public health and welfare. 17 D. The Developer shall, pursuant to the terms of this Agreement, complete all improvements and perform all other obligations required herein, as such improvements or obligations may be shown on the Final Development Plan Documents, or any documents executed in the future that are required by the City for the approval of an amendment to a development plan, and the City may withhold (or to the extent permitted by law, revoke) such building permits and certificates of occupancy as it deems necessary to ensure performance in accordance with the terms of this Agreement. The processing and "routing for approval" of the various development plan documents may result in certain of said documents carrying dates of approval and/or execution that are later than the date of execution of this Agreement. The Developer hereby waives any right to object to any such discrepancy in dates. E. Nothing herein contained shall be construed as a waiver of any requirements of the City Code or the Land Use Code and the Developer agrees to comply with all requirements of the same. F. In the event the City waives any breach of this Agreement, no such waiver shall be held or construed to be a waiver of any subsequent breach hereof. G. All financial obligations of the City arising under this Agreement that are payable after the current fiscal year are contingent upon funds for that purpose being annually appropriated, budgeted and otherwise made available by the Fort Collins City Council, in its discretion. H. This Agreement shall run with the Property, including any subsequent replatting of all, or a portion of the Property. This Agreement shall also be binding upon and inure to the benefit of the parties hereto, their respective personal representatives, heirs, successors, grantees and assigns. It is agreed that all improvements required pursuant to this Agreement touch and concern the Property regardless of whether such improvements are located on the Property. Assignment of interest within the meaning of this paragraph shall specifically include, but not be limited to, a conveyance or assignment of any portion of the Developer's legal or equitable interest in the Property, as well as any assignment of the Developer's rights to develop the Property under the terms and conditions of this Agreement. I. In the event the Developer transfers title to the Property and is thereby divested of all equitable and legal interest in the Property, the Developer shall be released from liability under this Agreement with respect to any breach of the terms and conditions of this Agreement occurring after the date of any such transfer of interest. In such event, the succeeding property owner shall be bound by the terms of this Agreement. J. Each and every term of this Agreement shall be deemed to be a material element hereof. In the event that either party shall fail to perform according to the terms of this Agreement, such party may be declared in default. In the event that a party has been declared in default hereof, such defaulting party shall be given written notice W specifying such default and shall be allowed a period of ten (10) days within which to cure said default or, if such default cannot reasonably be cured within such ten (10) day period, such period as is reasonably necessary to cure such default, but in no event longer than sixty (60) days. In the event the default remains uncorrected, the party declaring default may elect to: (a) terminate the Agreement and seek damages; (b) treat the Agreement as continuing and require specific performance or; (c) avail itself of any other remedy at law or equity. K. In the event of the default of any of the provisions hereof by either party which shall require the party not in default to commence legal or equitable action against said defaulting party, the defaulting party shall be liable to the non -defaulting party for the non -defaulting party's reasonable attorney's fees and costs incurred by reason of the default. Nothing herein shall be construed to prevent or interfere with the City's rights and remedies specified in Paragraph III.D of this Agreement. L. Except as may be otherwise expressly provided herein, this Agreement shall not be construed as or deemed to be an agreement for the benefit of any third party or parties, and no third party or parties shall have any right of action hereunder for any cause whatsoever. M. It is expressly understood and agreed by and between the parties hereto that this Agreement shall be governed by and its terms construed under the laws of the State of Colorado and the City of Fort Collins, Colorado. N. Any notice or other communication given by any party hereto to any other party relating to this Agreement shall be hand -delivered or sent by certified mail, return receipt requested, addressed to such other party at their respective addresses as set forth below; and such notice or other communication shall be deemed given when so hand -delivered or three (3) days after so mailed: If to the City: Engineering Development Review City of Fort Collins P.O. Box 580 Fort Collins, CO 80522 With a copy to: City Attorney's Office City of Fort Collins P.O. Box 580 Fort Collins, CO 80522 19 If to the Developer: Breckenridge Group Fort Collins Colorado, LLC Attn.: Ryan Fetgatter 1301 S. Capital of Texas Hwy, Suite B-201 Austin, TX 78746 With a copy to: Winstead PC Attn: Jeff Matthews 500 Winstead Bldg 2728 N. Harwood St. Dallas, TX 75201 With a copy to: JP Morgan Chase Bank, N.A. Attn: Diane Chavez TX1-2953 2200 Ross Avenue, Floor 9 Dallas, TX 75201-2787 With a copy to: Locke Lord LLP Attn: Brad Hawley 600 Congress Avenue, Suite 2200 Austin, TX 78701 With a copy to: Liley, Rogers & Martell, LLC Attn: Lucia Liley 300 South Howes Street Fort Collins, Colorado 80521 Notwithstanding the foregoing, if any party to this Agreement, or its successors, grantees or assigns, wishes to change the person, entity or address to which notices under this Agreement are to be sent as provided above, such party shall do so by giving the other parties to this Agreement written notice of such change. O. When used in this Agreement, words of the masculine gender shall include the feminine and neuter gender, and when the sentence so indicates, words of the neuter gender shall refer to any gender; and words in the singular shall include the plural and vice versa. This Agreement shall be construed according to its fair meaning, and as if prepared by all parties hereto, and shall be deemed to be and contain the entire understanding and agreement between the parties hereto pertaining to the matters addressed in this Agreement. There shall be deemed to be no other terms, conditions, promises, understandings, statements, representations, expressed or implied, concerning this Agreement, unless set forth in writing signed by all of the parties hereto. Further, paragraph headings used herein are for convenience of 20 reference and shall in no way define, limit, or prescribe the scope or intent of any provision under this Agreement. P. Lender Acknowledgment 1. The City acknowledges (i) that it has been informed by JPMorgan Chase Bank, N.A., a national banking association (the "Lender"), that the Lender intends to extend a loan (the "Loan") to the Developer to finance the costs of constructing and equipping the Development. 2. The City acknowledges that, pursuant to Section III.N of this Agreement, the Developer has requested that copies of all notices given by the City to the Developer shall also be given to the Lender at the address set forth in Section N above. The City further acknowledges that the Lender has a right (but not the obligation) to remedy or cure any default by the Developer under this Agreement on behalf of the Developer and that the City will accept such remedy or cure if properly carried out by the Lender on behalf of the Developer. 3. Nothing contained herein shall be construed to impose any liability or obligation of the City to the Lender, except as expressly provided in the Section III.P. ATTEST: City Clerk THE CITY OF FORT COLLINS, COLORADO, a Municipal Corporatio Bye7-; --1`. City Manager P•....• O APPROVED AS TO CONTENT: Ci ngi eter APPROVE A O FJDRM: Attorney 21 STATE OF TEXAS ) ss. COUNTY OF TRAVIS ) The foregoing instrument was j 6vr s , 2013, by Greg Henry as Colorado, LLC. DEVELOPER: Breckenridge Group Fort Collin olol LLC, a Texas limited liability mpany Henry, Manager acknowledged before me this I S day of Manager of Breckenridge Group Fort Collins x';;":'• JENNI SIMMONS Notary PublIC, State of Texas /1 my Commission Expires Y -' en Simmbns, Notary PublicoMarch05, 2016 hlrmN'' My Commission Expires: 3 22 EXHIBIT "A" 1. Schedule of electrical service installation. Electrical lines need to be installed prior to the installation of the sidewalk, curb returns, handicap ramps, paving and landscaping. If the Developer installs any curb return, sidewalk or handicap ramp prior to the installation of electrical lines in an area that interferes with the installation of the electrical line installation, the Developer shall be responsible for the cost of removal and replacement of those items and any associated street repairs. 2. Schedule of water lines to be installed out of sequence. Not Applicable. 3. Schedule of sanitary sewer lines to be installed out of sequence. Not Applicable. 4. Schedule of street improvements to be installed out of sequence. Not Applicable 5. Schedule of storm drainage improvements to be installed out of sequence. Not Applicable. 23 EXHIBIT "B" MAINTENANCE GUARANTEE: The Developer hereby warrants and guarantees to the City, for a period of two (2) years from the date of completion and first acceptance by the City of the public improvements warranted hereunder, the full and complete maintenance and repair of the public improvements constructed for this Development. This warranty and guarantee is made in accordance with the City of Fort Collins Land Use Code and/or the Transitional Land Use Regulations, as applicable. This guarantee applies to the streets and all other appurtenant structures and amenities lying within the rights -of -way, easements and other public properties, including, without limitation, all curbing, sidewalks, bike paths, drainage pipes, culverts, catch basins, drainage ditches and landscaping. Any maintenance and/or repair required on utilities shall be coordinated with the owning utility company or city department. The Developer shall maintain said public improvements in a manner that will assure compliance on a consistent basis with all construction standards, safety requirements and environmental protection requirements of the City. The Developer shall also correct and repair, or cause to be corrected and repaired, all damages to said public improvements resulting from development -related or building -related activities. In the event the Developer fails to correct any damages within thirty (30) days after written notice thereof, then said damages may be corrected by the City and all costs and charges billed to and paid by the Developer. The City shall also have any other remedies available to it as authorized by this Agreement. Any damages which occurred prior to the end of said two (2) year period and which are unrepaired at the termination of said period shall remain the responsibility of the Developer. REPAIR GUARANTEE: The Developer agrees to hold the City of Fort Collins, Colorado, harmless for a five (5) year period, commencing upon the date of completion and acceptance by the City of the public improvements constructed for this Development, from any and all claims, damages, or demands arising on account of the design and construction of public improvements of the Property shown on the approved plans and documents for this Development; and the Developer furthermore commits to make necessary repairs to said public improvements, to include, without limitation, the roads, streets, fills, embankments, ditches, cross pans, sub -drains, culverts, walls and bridges within the right-of-way easements and other public properties, resulting from failures caused by design and/or construction defects. This agreement to hold the City harmless includes defects in materials and workmanship, as well as defects caused by or consisting of settling trenches, fills or excavations. 24 Further, the Developer agrees that the City shall not be liable to the Developer during the warranty period, for any claim of damages resulting from negligence in exercising engineering techniques and due caution in the construction of cross drains, drives, structures or buildings, the changing of courses of streams and rivers, flooding from natural creeks and rivers, and any other matter whatsoever on private property. Any and all monetary liability occurring under this paragraph shall be the liability of the Developer. The obligations of the Developer pursuant to the "maintenance guarantee" and "repair guarantee" provisions set forth above may not be assigned or transferred to any other person or entity unless the warranted improvements are completed by, and a letter of acceptance of the warranted improvements is received from the City by, such other person or entity. 25 EXHIBIT "C" The quantities, unit prices and amounts set out in the following table represent an estimate of the elements of work that are to be completed and the corresponding costs that are expected to be incurred by the Developer in connection with construction of the NECCO regional drainage improvements, and for which the Developer is eligible to receive reimbursement. These costs are based on analysis prepared by Owen Consulting Group, Inc., applying unit prices quoted to the Developer by the site improvements contractor, Connell Resources, Inc., and presented to the City for review and acceptance. The City shall make payments to the Developer on the basis of actual costs, substantiated by Contractor invoices, and submitted to the City, by the Developer, within 60 days of receipt of invoices. The maximum net amount reimbursed by the City for major drainage improvements (the NECCO Storm Drainage Improvements) shall not exceed $648,460.59, as detailed below. Estimated Total Cost Contingency Allowance (15%) Maximum Reimbursable Cost Less: Developer's Share of NECCO Costs Maximum Net Reimbursable Amount 887,851.82 133,177.77 1,021,029.59 372,569.00 U48.460.59 FM NECCO STORM DRAINAGE IMPROVEMENTS REIMBURSEMENT ESTIMATE OF COSTS Item Description Est. Quantity Unit of Meas. Unit Price Amount General Conditions Mobilization 0.12 LS 9,000.00 5,880.00 Site Management 4.00 WK 2,760.00 11.040.00 Pothole Existing Utilities 24.00 HR 183.00 392.00 Surveying 0.40 LS 18,200.00 7,280.00 Bond 0.40 LS 19,500.00 7,800.00 36,392.00 Removals Tree Removals Allowance 0.40 LS 33,200.00 113,280.00 13,280.00 Erosion Control Silt Fence 260.00 LF 1.85 481.00 481.00 Earthwork Excavation - Cut to Fill Pond Area 23,236.00 CY 2.85 66,222.60 Extra for Excav'n of Unstable Subgrade 23,236.00 CY 2.45 56,928.20 Finish Grading 23,200.00 SY 0.39 9,048.00 132, 198.80 Storm Drain Dewatering for Storm Drain Installation 4.00 WK 8,090.00 32,360.00 24" Storm Drain 40.00 LF 52.70 2,108.00 30" Storm Drain 64.00 LF 65.60 198.40 736 Storm Drain 1,000.00 LF 95.00 95,000.00 36" RCP FES with Scour Stop1.00 EA 2,400.00 2,400.00 48" RCP Storm Drain 88.00 LF 144.00 12,672.00 54" RCP Storm Drain 24.00 LF 166.00 3,984.00 66" RCP Storm Drain 896.00 LF 216.00 193,536.00 72" RCP Storm Drain 389.00 LF 254.00 98,806.00 Bulkhead 5.00 EA 1,520.00 7,600.00 Precast Bend 4.00 EA 1,980.00 7,920.00 Stabilization Gravel Allowance 1,000.00 TON 18.80 18,800.00 Headwall 2.00 EA 340.00 8,680.00 Flowfill Cutoff Wall 8.00 EA 800.00 400.00 Storm Manhole Box Base (Large) 3.00 EA 14,300.00 42,900.00 Storm Manhole Tee Base 1.00 EA 4,500.00 500.00 Storm Manhole 8' 3.00 EA 11,800.00 35,400.00 Storm Junction 66" x 30" Wye 1.00 EA 1,400.00 1,400.00 Manhole Snout 2.00 EA 6,650.00 64. 00 5591, 964.40 Direct Cost Subtotal 774,316.20 Indirect Costs Replacement Tree U sizi 00 Prairie D Removal Habitat Loss Compensation 21717. 00 8, 487.00 Engineering & Construction M mt 10% Allowance 77 431.62 Indirect Cost Subtotal 1 113,535.62 Estimated Total Cost 1 887,851.82 27 EXHIBIT "D" STANDARD OPERATING PROCEDURES (SOPS) Aspen Heights, Fort Collins, CO A. PURPOSE In order for physical stormwater Best Management Practices (BMPs) to be effective, proper maintenance is critical. Maintenance includes both routinely scheduled activities, as well as non -routine repairs that may be required after large storms, or as a result of other unforeseen problems. Standard Operating Procedures (SOPs) should clearly identify BMP Maintenance responsibility. BMP maintenance is typically the responsibility of the entity owning the BMP. Identifying who is responsible for maintenance of BMPs and ensuring that an adequate budget is allocated for maintenance is critical to the long-term success of BMPs. Maintenance responsibility may be assigned either publicly or privately. For this project, the privately owned BMPs shown in Section B below are to be maintained by the property owner, homeowner's association (HOA), or property manager. B. BMPS SUBJECT TO SOP REQUIREMENTS The following stormwater facilities contained within the Aspen Heights Fort Collins project are subject to SOP requirements: Extended Detention Basin (EDB) Storm Sewers and Tree Roots The location of said facilities can be found on the Site Plan, Landscape Plans, and Utility Plans for Aspen Heights. C. SITE -SPECIFIC STANDARD OPERATING PROCEDURES Inspection and maintenance procedures and frequencies, specific maintenance requirements and activities, as well as BMP-specific constraints and considerations shall follow the guidelines outlined in volume 3 of the Urban Drainage and Flood Control District (UDFCD) Urban Storm Drainage Criteria Manual, latest revision. The Storm Sewer maintenance procedures follow. The Storm Sewer Lines (Table 1) and Extended Detention Basin (Table 2) maintenance plans are as follows: Storm Sewer Lines Maintenance Plan The storm sewer lines are located in close proximity to many trees. The situation is unavoidable; therefore, special maintenance has been identified to ensure these storm drain systems perform as they were designed. In addition, Inlets and outlet rip -rap will need to be maintained. NK Table 1— Routine Storm Sewer Line Maintenance Re uired Action Maintenance Obiective Frequency of Action Use a video camera to inspect the Routine -Annual inspection of condition of the storm sewer hydraulic and structural facilities. Line Inspections pipes. Cleanout pipes as needed. Also check for obvious problems If the integrity of the pipe is during routine maintenance visits, compromised, then repair the especially for plugging of outlets. damaged sections . Routine — Annual inspection of Inlet Inspections Inspect and clean inlet weirs and boxes of any debris. inlets to ensure proper operation and prevent plugging. Maintain riprap (rock) storm Routine — Annual inspection of Riprap Outlet Protection sewer outlet protection to ensure riprap to replace dislodged stones, Inspections proper operation. remove debris, etc. Extended Detention Basin Maintenance Plan Table 1 Routine EDB Maintenance (Summary from Table EDB-1, Chapter 6 of UDFCD) Required Action Maintenance Ob'ective cy of Action Occasional mowing to limit unwanted vegetation. Maintain irrigated turf grass as 2 to 4 inches Routine - Depending on aesthetic Lawn mowing and Lawn care tall and non -irrigated native turf requirements. grasses at 4 to 6 inches. Routine - Including just before Removal of sediment, debris, and annual storm seasons (April and Sediment, Debris, and Litter litter from the entire pond to May), end storm season after removal minimize outlet clogging and leaves have fallen, and following improve aesthetics. significant rainfall events. Non -routine - Performed when sediment accumulation occupies 20 percent of the WQCV. This may vary Remove accumulated sediment from considerably, but expect to do this Major Pond Sediment removal* the bottom of the basin. every 10 to 20 years, as necessary per inspection if no construction activities take place in the tributary watershed. More often if they do. Inspect basins to insure that the basin continues to function as initially intended. Examine the outlet for clogging, erosion, slumping, Every two to five years. Inspections excessive sedimentation levels, overgrowth, embankment and spillway integrity and damage to any structural element. 29