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HomeMy WebLinkAbout149 - 11/04/1986 - ASSESSING THE COST OF IMPROVEMENTS IN THE CUNNINGHAM CORNER SPECIAL IMPROVEMENT DISTRICT NO. 82 CER'rIFIED RECORD OF PROCEEDINGS OF THE COUNCIL OF THE CITY OF FORT COLLINS , COLORADO RELATING TO AN ORDINANCE AUTHORIZING THE ISSUANCE OF ITS INDUSTRIAL DEVELOPMENT REVENUE BONDS (THE VIPONT LABORATORIES , INC. PROJECT) SERIES 1986 IN A PRINCIPAL AMOUNT NOT TO EXCEED $3,800 , 000 STATE OF COLORADO ) COUNTY OF LARIMER ) ss . CITY OF FORT COLLINS ) The City Council of the City of Fort Collins , Colorado, held a regular meeting in the Council Chambers, at City Hall , on Thursday, the 4th day of December, 1986 , at the hour of 6: 30 p.m. , which meeting was a continuation of its regular meeting on December 2, 1986 . The following persons were present : Councilmembers: Kelly Ohlson, Mayor Larry Estrada, Assistant Mayor Susan E. Kirkpatrick Barbara Liebler Gerald C. Horak Ed Stoner Barbara Rutstein City Manager: Steven Burkett City Clerk : Wanda M. Krajicek The following persons were absent: None Councilmember Rutstein introduced the following Ordinance, which was read by title, copies of the full Ordinance having been available in the office of the City Clerk at least forty-eight ( 48 ) hours prior to the time said Ordinance was introduced for each Councilmember and for inspection and copying by the general public . - ii - ORDINANCE NO. 149 , 1986 OF THE COUNCIL OF THE CITY OF FORT COLLINS, COLORADO BEING_AN ORDINANCE ASSESSING THE COST OF IMPROVEMENTS IN THE CUNNINGHAM CORNER SPECIAL IMPROVEMENT DISTRICT NO. 82 , IN THE CITY OF FORT COLLINS , COLORADO AND PROVIDING FOR THE PAYMENT AND COLLECTION THEREOF WHEREAS , on June 5 , 1984 , the City Council ( the "Council" ) of the City of Fort Collins , Colorado ( the "City" ) passed and adopted on final reading Ordinance No. 65 , 1984 of the City, being an ordinance ( the "Creation Ordinance" ) creating the Cunningham Corner Special Improvement District No. 82 ( the "District" ) , for the purpose of acquiring, constructing and installing street, water line, sanitary sewer line, and storm drainage improvements ( the "Improvements" ) in the City; and WHEREAS, pursuant to the Creation Ordinance and the District Engineering Report on file with the City clerk of the City, the Improvements have been fully acquired , constructed and installed; and WHEREAS , on September 16 , 1986 , the Council adopted Resolution No. 86-150 , accepting the Improvements , receiving and accepting the Statement of Cost of Improvements and the District Assessment Roll prepared by the Director of Finance of the City and ordering notice of the proposed assessments to be published as provided in §16-18 of the Code of the City; and WHEREAS, said notice was duly published as provided in Resolution No. 86-150 and the date of October 21, 1986 was set for the hearing of complaints or objections to the proposed district Assessment Roll; and WHEREAS, on October 21 , 1986 , the Council held a public hearing for the purpose of hearing and determining any complaints or objections made in writing by any owner of property to be assessed for the Improvements, which complaint or objection was filed in the office of the City Clerk within thirty ( 30) days from the publication of the notice of the proposed assessments; and WHEREAS, all complaints or objections duly made and filed by such property owners to the Council have been heard and considered by the Council . NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS, COLORADO: Section 1 . That the total cost of the Improvements, including the cost of construction, engineering, acquisition of existing improvements and rights-of-way, interest accruing on bonds issued to pay the cost of improvements up to the date when such costs will be assessed, legal fees, publication, administ- ration, financing and other incidentals incurred in connection with the Improvements (but excluding the 2% cost of collection which will be added to each annual assessment by the County Treasurer at the time such assessment is due) is $1 ,494,371 . 15 The amount or proportion of the total cost of the Improvements to be paid by other than special assessments is $247,976.86 The balance of the total cost in the District, $1 ,246,394.29 is hereby assessed upon the real property in the District in accordance with the resolutions and ordinances pertaining to the District adopted by the Council and the provisions of Chapter 16 of the Code of the City. The proportion of the total District cost to be assessed upon each lot or tract of land in the District shall be as set forth on Exhibit A attached hereto and incorporated herein by reference. Section 2. All assessments made herein shall be due and payable within thirty (30) days after the final publication of this ordinance, without demand , provided that all such assessments may, at the election of the owners of the property assessed, be paid in 12 equal principal installments, the first installment being due on the 1st day of , 19-M, and on the 1st day of October of each year thereafter until the full amount thereof has been paid, together with interest on the unpaid principal at the rate of 10 . 84% per annum, said interest to be payable at the time of the principal payments. Section 3 . In the case of such election to pay in installments as set forth herein, the failure to pay any installment, whether of principal or interest, when due shall cause the entire remaining principal balance and accrued interest thereon to become due and collectible immediately and the entire remaining principal balance and accrued interest thereon shall thereafter draw interest at the rate of one percent ( 1%) per month or fraction of a month until the day of sale of the property as provided in Chapter 16 of the City Code. At any time prior to the day of sale, the owner may pay the amount of all unpaid installments with interest at one percent ( 1%) per month or fraction thereof and all penalties accrued and shall be restored to the right thereafter to pay in installments in the same manner as if default had not occurred. Section 4. All assessments made herein, together with all interest thereon and penalties for default in payment thereof , shall be a lien in the several amounts assessed against each property from the date of the publication of the assessing ordinance and shall be a first and prior lien over all other liens except general taxes in the same manner as general taxes now provided by law. Section 5. All complaints or objections duly made in writing and filed with the City as provided in Chapter 16 of the City Code have been heard and considered by the Council and the Council hereby finds and determines that the assessments made herein are equitable and proper . Section 6 . All actions, legal or equitable, for relief against the assessments made herein , whether based upon irregularities , jurisdictional defects or other grounds, shall be commenced within thirty ( 30) days after the final passage of this ordinance or else be thereafter perpetually barred . Section 7. All action (not inconsistent with the provisions of this ordinance) heretofore taken by the City or its officers directed toward the acceptance of District Improvements, the presentation and filing of the Statement of District Costs and the District Assessment Roll , and the ordering of Notice to property owners to be assessed and to persons interested generally is hereby ratified , approved and confirmed. Introduced, considered favorably on first reading , and ordered published this 21st day of October , 1986, and to be presented for final passage on the 4th day of November 1986 . Mayor ATTEST: �L" -�i". City Clerk Passed and adopted on second reading this 4th day of November 1986 . Mayor ATTES'P City Clerk (3 CUNNINGHAM COWER SPECIAL IMPROVEMENT DISTRICT NO. 82 UPDATED PROPERTY ASSESSMENT ROLL OCTOBER 16, 1986 TARANTO, STANTON dr TAGGE Consulting Engineers 748 Whalers Way • Building D • Fort Collins, CO 80525 (303) 226-0557 • Metro Denver Number(303) 595-9103 .o %.0 •0 v * .a tn io v * .o .o .o v I+ N N ;o * N Z7 >f N N N 70 IF N N N ;o O) m C-) -1 O) C7 --1 m ON ON n Ol O) m n C) ww m o w m O www m o www m n—r (ncn D o D pia n cn Lri (n LO r cn (n � r o � r www � r w w w 4tz I I I � o00 M o o ;10 o ::ID o 0 Co M o 0 0 n N n p D wN + D wN ' C-) n D 3 V) O n 3 O D 3 3 3 O n 3 3 3 O V) (D O E V) (D E (n (D (D (D E fn CD (D (D E Vf r+ C Z N r+ Z V) r+ r+ (+ Z (n h r+ r+ 2 m r) rr m m n m m 0 C) C) m m C) n n m cn s cn n (n a a c, w J J J M cn VJ N J J N J J J M D m -h Z m -(I -h �I z m z Q 3 z .. ,. ..m n m n r m --i r- m -Zi rrr m zi r r r m r+ rr IF r+ r+ rt * a0 a * nn. 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V \I\r \I V \1\! \I \I \J V \! \! \I \I \J r'*l A IJ co W W W co co W CO W co co W co W co co co Co m 00 0o co W co W W co co co co co W co OD Co co :n +-. +-• Co Co CD Co CO CO Co CO Co Co to Co CO to Co Co Co CD Co Co to CD to Co C Co rD Co Co Co CO CO Co aD Co CD N 01 N m 0) CT m mm (71mal alCTmmmCA m 0I m 0T 0) m C) cN m 0) m CT (n O) 0) m m m m m m -i kD 7 * tp -� O F V * V n -i N 70 a --I V n -I Cl C7 r o o m o o m cn a o r > I r t r o a m r O ZUZ I ]7 O r n a a r � n 3 r £ O n 3 O (n C./) (D F 21 (n 2 (n c+ Z o m m m n cr) cn ;o m cn 0) to 3 3 3 z 3 i z m m n m z z C 3 z 3 m r m o cn a .. x r' N o -I < (D •-• s --t n p cn 'v cn cn ;u cn v :pu m m m m v' C-) m co --I cn 01 -� 0 00 W n x n n o r r o m c N m v w m cn m m o r-r cn A cn N (A O O { C) m O N (y m c o a E •• z r � m c) a < n -4 3 -1 3 O -I < c 0 < n W o J C J. m C a n -I o m rn � m Cn N W N = N _0 r -0 m m x y, O S N S Cn r .-. m -ri .., m mm W m --i W rn I� OD Iz w .- rn 0 co w z r z r o o a N N 00 .P (n I a k00 o tD m I a 01 Ql N t0 N N W w m �-. .-. m (n CT t.n CN A J� V7 W W t/I to N 00 00 EXHIBIT Al LEGAL DESCRIPTION - Five Oaks Village at Cunningham Corner, A Planned Unit Development A tract of land located in the Southwest Quarter of the Southwest Quarter of Section 26, Township 7 North, Range 69 West of the Sixth Principal Meridian, being a replat of portions of Blocks No. 1 , No. 2 and No. 3 of Cunningham Corner, a Planned Unit Development, and Tract "D" of Chestnut Village at Cunningham Corner, a Planned Unit Development, City of Fort Collins , Larimer County, Colorado, as recorded in reception number 85056217 of the Larimer County records and being described as follows: Beginning at the Southwest corner of said Section 26 and considering the West line of the Southwest Quarter of said Section 26 to bear North 00°27' 27" West, with all bearings contained herein relative thereto; thence Northerly along said West line North 00°27'27" West 1326.72 feet to the Northwest corner- of said Southwest Quarter of the Southwest Quarter; thence Easterly along the North line of said Southwest Quarter of the Southwest Quarter, North 89°46'40" East 50.00 feet to the Easterly right-of-way line of South Shields Street and the True Point Of Beginning of this description; thence continuing Easterly along said North line, also being the South line of the "Worthington Farm" and Woodwest Seventh Filing, according to the recorded plat thereof, North 89046'40" East, 1270.83 feet to the Northeast corner of Cunningham Corner, a Planned Unit Development, according to the recorded plat thereof; thence Southerly along the East line of said Cunningham Corner, P.U.D. , South 00°21'47" East, 492.84 feet to the Northerly right-of-way line of Windmill Drive as platted in Chestnut Ilage at Cunningham Corner, a Planned Unit Development, according to the _corded plat thereof; thence Westerly, along said Northerly right-of-way line and the Northerly right-of-way line Richmond Drive as platted in Willow Grove Village, A Planned Unit Development, according to the recorded plat thereof, along a non-tangent curve to the left having a delta of 112057' 13" , a radius of 302.00 feet, an arc of 595.57 feet and a long chord which bears North 81°15'07" West, 503.53 feet; thence South 42°16' 16" West, 51.81 feet; thence South 44056'45" West, 150.00 feet; thence along a curve to the right having a delta of 90°00100" , a radius of 15.00 feet, an arc of 23.56 feet, and a long chord which bears South 87°16' 16" West, 21.21 feet to the- Northerly right-of-way line of Cunningham Drive as platted in said Willow Grove Village at Cunningham Corner P.U.D. ; thence Northwesterly along said Northerly right-of-way line, North 47°43'44" West, 283.05 feet; thence along a curve to the left having a delta of 42°43'43" , a radius of 302.00 feet, an arc of 225.22 feet, and a long chord which bears North 69°05' 36" West, 220.03 feet; thence South 89°32'33" West, 181 .96 feet; thence along a curve to the right having a delta of 90100'00" , a radius of 15.00 feet, and a long chord which bears North 45°27'27" West, 21.21 feet to the Easterly right-of-way line of South Shields Street; thence Northerly along said Easterly right-of-way line North 00027'27" West, 274.51 feet to the True Point of beginning of this description. The above described tract contains 10.936 acres, more or less. EXHIBIT A2 LEGAL DESCRIPTION - Amended Plat of Tracts "B" and "C" of Five Oaks Village at Cunningham Corner, A Planned Unit Development A tract of land located in the Southwest Quarter of the Southwest Quarter of Section 26, Township 7 North, Range 69 West of the Sixth Principal Meridian, being a Replat of Tracts "B" and "C" of Five Oaks Village at Cunningham Corner a Planned Unit Development, City of Fort Collins, Larimer County, Colorado, as recorded in reception number 86011382 of the Larimer County records and being described as follows: Commencing at the Southwest corner of said Section 26 and considering the West line of the Southwest Quarter of said Section 26 to bear North 00`27' 27" West, with all bearings contained herein relative thereto; thence Northerly along said West line North 00027 '27" West 1326.72 feet to the Northwest corner of said Southwest Quarter of the Southwest Quarter; thence Easterly along the North line of said Southwest Quarter of the Southwest Quarter, North 89046'40" East 610.87 feet to the Northwest corner of said Tract "B" and the POINT OF BEGINNING of this description; thence continuing Easterly along said North line, also being the South line of Woodwest Seventh Filing, according to the recorded plat thereof, North 89°46'40" East, 709.96 feet to the Northeast corner of said Southwest Quarter of the Southwest Quarter as platted in Cunningham Corner, a Planned Unit Development, according to the recorded plat thereof; thence Southerly along the East line of said Cunningham Corner, P.U.D. , South 00021'47" East, 492.84 feet to the Northerly right-of-way line of Windmill Drive as platted in Chestnut Village at Cunningham Corner, a Planned Unit Development, according to the recorded plat thereof; thence Westerly, along said Northerly right-of-way line and the Northerly right-of-way line of Richmond Drive as platted in Willow Grove Village, a Planned Unit Development, according to the recorded plat thereof, along a non-tangent curve to the left having a delta of 112057' 13" , a radius of 302.00 feet, an arc of 595.37 feet and a long chord which bears North 81015'07" West, 503.53 feet; thence South 42`16' 16" West, 51.81 feet; thence South 44056'45" West, 150.00 feet; thence along a curve to the right having a delta of 90100'00" , a radius of 15.00 feet, an arc of 23.56 feet, and a long chord which bears South 87016 ' 16" West, 21.21 feet to the Northerly right-of-way line of Cunningham Drive as platted in said Willow Crove Village at Cunningham Corner P.U.D. ; thence Northwesterly along said Northerly right-of-way line, North 47°43'44" West, 238.05 feet to the Westerly line of said Tract "B" ; thence Northerly along said Westerly line North 42°16' 16" East, 184.01 feet; thence North 00013'20" West, 262.74 fEet to the point of beginning of this description. The above described tract contains 6.914 acres, more or less . EXHIBIT B LEGAL DESCRIPTION - Willow Grove Village at Cunningham Corner, A Planned Unit Development A tract of land located in the Southwest Quarter of Section 26, Township 7 North , Range 69 West of the Sixth Principal Meridian, being a replat of a portion of Blocks No. 1 , No. 2, No. 3, No. 4 and No. 5 of Cunningham Corner, a Planned Unit Development, City of Fort Collins, Larimer County, Colorado, as recorded in Book 2278, Page 579 of the Larimer County records and being described as follows: Beginning at the Southwest corner of the Southwest Quarter of said Section 26 , and considering the Westerly line of said Southwest Quarter to bear North 000 27' 27" West, with all bearings contained herein relative thereto; thence Northerly along said Westerly line North 00* 27' 27" West, 652.00 feet to the TRUE POINT OF BEGINNING of this description; thence continuing along said Westerly line North 000 27' 27" West, 400.00 feet; thence departing said Westerly line North 890 32' 32" East, 50.00 feet; thence along a nontangent curve to the left having a delta of 900 00' 0011 , a radius for 15,00 feet, an arc of 23.56 feet, and a long chord which bears South 450 27' 27" East, 21.21 feet; thence North 89' 32' 33" East, 181.96 feet; thence along a curve to the right having a delta of 420 43' 43" , a radius of 302.00 feet, an arc of 225.22 feet, and a long chord which bears South 690 05' 36" East, 220.03 feet; thence South 470 43' 44" East, 283.05 feet; thence along a curve to the left having a delta of 901 00' 00" , a radius of 15.00 feet, an arc of 23.56 feet, and a long chord which bears North 870 16' 16" East, 21.21 feet; thence North 440 56' 45" East, 150.00 feet; thence North 420 16' 16" East, 51.81 feet; thence along a curve to the right having a delta of 36' 58' 46" , a radius of 302.00 feet, an arc of 194.92 feet, and a long chord which bears North 600 45' 39" East, 191.55 feet to the Northerly right-of-way line of Windmill Drive as platted in Chestnut Village at Cunningham Corner P.U. D. , according to the recorded plat thereof; thence departing said Northerly right-of-way line South 10' 44 ' 58" East, 54.00 feet to the Southerly right-of-way line of said Windmill Drive; thence departing said Southerly right-of-way line along a nontangent curve to the left having a delta of 36' 58' 46" , a radius of 248.00 feet, an arc of 160.06 feet and a long chord which bears South 600 45' 39" West, 157.30 feet; thence South 42' 16' 16" West, 51.81 feet; thence South 390 35 ' 47" West, 150.00 feet; thence South 42' 16' 16" West , 26.86 feet; thence South 45° 21' 47" East, 172.64 feet; thence South 000 21 ' 47" East, 87.59 feet, to the Northwesterly corner of Chestnut Village at Cunningham Corner P.U.D. , according to the recorded plat thereof; thence Southwesterly along the Northwesterly line of said Chestnut Village at Cunningham Corner P.U.D. South 440 38' 13" West, 138.07 feet; thence departing said Northwesterly line North 45' 21' 47" West, 235.23 feet; thence along a nontangent curve to the right having a delta of 35' 46' 33" , a radius of 444.00 feet, an arc of 277.24 feet, and a long chord which bears Seuth 710 39' 16" West, 272.75 feet; thence South 890 32' 33" West, 93.23 feet; thence North 000 27' 27" West, 176.75 feet; thence South 89' 32 ' 33" West, 217.80 feet to the point of beginning of this description. The above described tract contains 7.898 acres. EXHIBIT B 1 LEGAL DESCRIPTION: Tract "A", Willow Grove Village at Cunningham Corner, a Planned Unit Development, City of Fort Collins, Larimer County, Colorado, according to the recorded plat thereof. EXHIBIT B2 LEGAL DESCRIPTION: Tract "C" , Willow Grove Village at Cunningham Corner, a Planned Unit Development, City of Fort Collins, Larimer County, Colorado, according to the recorded plat thereof. EXHIBIT B3 LEGAL DESCRIPTION: Tract "D", Willow Grove Village at Cunningham Corner, a Planned Unit Development, City of Fort Collins, Larimer County, Colorado, according to the recorded plat thereof. EXHIBIT C LEGAL DESCRIPTION - Tract "C" of t e- unningham Corner Master Plan A portion of the Southwest corner of the Southwest Quarter of Section 26, Township 7 North, Range 69 West of the Sixth Principal Meridian, being a portion of Block No. 5, Cunningham Corner, a Planned Unit Development, according to the recorded plat thereof, City of Fort Collins, Larimer County, Colorado, being described as follows: Commencing at the Southwest corner of said Section 26 and considering the West line of the Southwest Quarter of said Section 26 to bear North 00°27'27" West, with all bearings contained herein, relative thereto; thence Northerly along said West line North 00°27'27" Nest 64.81 feet; thence departing said West line North 89°32'33" East 50.00 feet to the Easterly right-of-way line of South Shields Street and the Point of Beginning of this description; thence Northerly alone said Easterly right-of-way line North 00°27 '27" West, 387. 19 feet to the Southerly line of that parcel of land described in Book 1202, Page 161 of the Larimer County Clerk and Recorders office; thence Easterly and Northerly along the Southerly and Easterly lines of said parcel North 89032'33" East 167.80 feet; thence North 00027 '27" West 23.25 feet to the Southerly right-of-way line of Cunningham Drive as platted in Willow Grove Village at Cunningham Corner, a Planned Unit Development, according to the recorded plat thereof; thence along said Southerly right-of-way line North 89°32'33" East 93.23 feet; thence along a curve to the left having a delta of 35°46'33" , a radius of 444.00 feet, an arc of 277.24 feet and a long chord which bears North 71°39' 17" East, 272.75 feet to the most Westerly corner of Tract "F" of said Willow Grove Village at Cunningham Corner P.U.D. ; thence along the Southwesterly line of said Tract "F" South 45°21'47" East 235.23 feet to the Westerly line of Tract "A" , Chestnut Village at Cunningham Corner, a Planned Unit Development according to the recorded plat thereof; thence Southerly along said Westerly line South 44°38' 13" West 96.64 feet to the most Westerly corner of said Tract "A"; thence South 45°21'47" East 45.00 feet to the most Northerly corner of Parcel "D" of the Cunningham Corner Master Plan; thence Southerly along the Northwesterly and Westerly lines of said Parcel "D" South 44°38' 13" West 136.10 feet; thence South 00°17' 16" East 148.04 feet to the Northerly right-of-way line of Horsetooth Road; thence Westerly along said Northerly right-of-way line South 89°42 '44" West 538. 19 feet; thence along a curve to the right having a delta of 89049'49" , a radius of 15.00 feet, an arc of 23.52 feet and a long chord which bears North 45°22'21" West 21. 18 feet to the point of beginning of this description. The above described tract contains 6.060 acres (263,960 square feet) , more or less. EXHIBIT D LEGAL DESCRIPTION - 7-Eleven Convenience Store, a Planned Unit Development, at Cunningham Corner A parcel of land located in the Southwest Quarter of the Southwest Quarter of Section 26, Township 7 North, Range 69 West of the Sixth Principal Meridian, being a replat of a portion of Block No. 5 of Cunningham Corner, a Planned Unit Development, City of Fort Collins, Larimer County, Colorado, as recorded in reception number 86002162 of the Larimer County records and being described as follows: Commencing at the Southwest corner of said Section 26 and considering the South lire of the Southwest Quarter of said Section 26 to bear North 89°42'44" East with all bearing contained herein relative thereto; thence Easterly along said South line North 89°42'44" East, 603.00 feet; thence departing said South line North 00017' 16" West, 50.00 feet to the North right-of-way line of Horsetooth Road and the POINT OF BEGINNING of this description; thence Westerly along said North right-of-way line South 89042'44" West, 35.10 feet; thence departing said North right-of-way line along a non-tangent curve to the left having a delta of 29011'47" , a radius of 20.50 feet, an arc of 10.45 feet, and a long chord which bears North 14018'38" East, 10.33 feet; thence North 00017 ' 16" West, 82.38 feet; thence along a curve to the left having a delta of 51000'00", a radius of 45.50 feet, an arc of 40.50 feet, and a long chord which bears North 25°47' 16" West 39.18 feet; thence North 38042'44" East, 33.00 feet; thence North 86030' 15" East, 36.00 feet; thence North 44038' 13" East, 125.70 feet to the Westerly line of Chestnut Village at Cunningham Corner, a Planned Unit Development according to the recorded plat thereof; thence Southerly along said Westerly line South 45021 '47" East, 111.42 feet; thence South 00017' 16" East, 165.72 feet to the North right-of-way line of said Horsetooth Road; thence Westerly along said North right-of-way line South 89042'44" West, 175.00 feet to the point of beginning of this description. The above described parcel contains 0.928 acres, more or less. EXHIBIT D1 LEGAL DESCRIPTION Tract "A" , 7-Eleven Convenience Store, A Planned Unit Development, City of Fort Collins, Larimer County, Colorado, according to the recorded plat thereof. EXHIBIT D2 LEGAL DESCRIPTION Tract "B" , 7-Eleven Convenience Store, A Planned Unit Development, City of Fort Collins, Larimer County, Colorado, according to the recorded plat thereof. EXHIBIT E LEGAL DESCRIPTIONS - Chestnut Village at Cunningham Corner, A Planned Unit Development Two tracts of land located in the Southwest Quarter of Section 26, Township 7 North, Range 69 West of the Sixth Principal Meridian, being a replat of a portion of Block No. 2, No. 5, No. 6 and No. 7 of Cunningham Corner, a Planned Unit Development, City of Fort Collins, Larimer County, Colorado, as recorded in Book 2246, Page 1112 of the Larimer County records and being described as follows: Tracts A, B, and C: Beginning at the Southwest corner of the Southwest Quarter of said Section 26, and considering the Southerly line of said Southwest Quarter to bear North 890 42' 44" East, with all bearings contained herein relative thereto; thence Easterly along said Southerly line, North 89' 42' 44" East, 778.00 feet; thence departing said Southerly line, North 00' 17' 16" West, 50.00 feet to the Northerly right-of-way line of Horsetooth Road and the True Point of Beginning of this description; thence departing said Northerly line, North 000 17' 16" West, 165.72 feet; thence North 45' 21 ' 47" West, 156.42 feet; thence North 440 38' 13" East, 234.71 feet; thence North 890 38' 13" East, 458.00 feet to the Westerly right-of-way line of Windmill Drive; thence Southerly along said Westerly line, South 00' 21 ' 47" East, 427.94 feet; thence along a curve to the right having a delta of 900 04 ' 31", a radius of 15.00 feet, an arc of 23.58 feet, and a long chord which bears South 44' 40' 29" West, 21.23 feet to the Northerly right-of-way line of Horsetooth Road; thence Westerly along said Northerly line, South 89° 42 ' 44" West, 498.55 feet to the point of beginning of this description. Together with the following described parcel : Tract D: Beginning at the Southwest corner of the Southwest Quarter of said Section 26, and considering the Southerly line of said Southwest Quarter to bear North 890 42' 44" East, with all bearings contained herein relative thereto; thence Easterly along said Southerly line, North 890 42' 44" East, 1318.64 feet to the Southeast corner of the Southwest Quarter of said Southwest Quarter; thence Northerly along the Easterly line of said Southwest Quarter, North 000 21 ' 47" West, 832.36 feet to the Easterly right-of-way line at Windmill Drive and the True Point of Beginning of this description; thence departing said Easterly line, South 650 13' 29" West, 54.00 feet to the Westerly right-of-way line of said Windmill Drive; thence along a non-tangent curve to the left having a delta of 750 58' 27" , a radius of 248.00 feet, an arc of 328.85 feet, and a long chord which bears North 62' 45' 44" West, 305.28 feet; thence North 10' 44' 58" West, 54.00 feet; thence along a non-tangent curve to the right having a delta of 820 23' 05" , a radius of 15.00 feet, an arc of 21.57 feet, and a long chord which bears North 590 33' 25" West, 19.76 feet; thence along a curve to the right having a delta of 180 08' 33" , a radius of 167.12 feet, an arc of 52.92 feet, and a long chord which bears North 090 17' 36" West, 52.70 feet; thence North 001 13' 20" West, 259.30 feet to the Southerly line of Woodwest 7th Filing; thence Easterly along said Southerly line, North 890 46' 40" East, 353.96 feet to the Northwest corner of Sundisk Village, a Planned Unit Development; thence Southerly along the Westerly line of said Sundisk Village, South 000 21' 47" East, 492.84 feet to the Easterly right-of-way line of Windmill Drive and the point of beginning of this description. The above described tracts together contain 8.80 acres. EXHIBIT E1 LEGAL DESCRIPTION Map of the Chestnut Village Condominiums, Supplement No.1, City of Fort Collins, Larimer County, Colorado. As recorded in Book 2276, Page 590 of the Larimer County records. EXHIBIT E2 LEGAL DESCRIPTION: Map of the Chestnut Village Condominiums , Supplement No.2, City of Fort Collins, Larimer County, Colorado. As recorded in Book 2276, Page 593 of the Larimer County records. EXHIBIT E3 LEGAL DESCRIPTION: flap of the Chestnut Village Condominiums , Supplement No.3, City of Fort Collins, Larimer County, Colorado. As recorded in Book 2281, Page 793 of the Larimer County records. EXHIBIT E4 LEGAL DESCRIPTION: Map of the Chestnut Village Condominiums, Supplement No.4, City of Fort Collins, Larimer County, Colorado. As recorded in Book 2281, Page 796 of the Larimer County records. EXHIBIT E5 LEGAL DESCRIPTION: flap of the Chestnut Village Condominiums , Supplement No.5, City of Fort Collins, Larimer County, Colorado. As recorded in Book 2302, Page 2034 of the Larimer County records. EXHIBIT E6 LEGAL DESCRIPTION: Map of the Chestnut Village Condominiums , Supplement No.6, City of Fort Collins, Larimer County, Colorado. As recorded in reception number 855785 of the Larimer County records. EXHIBIT E7 LEGAL DESCRIPTION: Map of the Chestnut Village Condominiums, Supplement No.7, City of Fort Collins , Larimer County, Colorado. As recorded in reception number 85013023 of the Larimer County records. EXHIBIT E8 LEGAL DESCRIPTION: Map of the Chestnut Village Condominiums , Supplement No.8, City of Fort Collins, Larimer County, Colorado. As recorded in reception number 85025588 of the Larimer County records. EXHIBIT E9 LEGAL DESCRIPTION: Map of the Chestnut Village Condominiums , Supplement No.9, City of Fort Collins, Larimer County, Colorado. As recorded in reception number 85060368 of the Larimer County records. EXHIBIT E12 LEGAL DESCRIPTION: Map of the Chestnut Village Condominiums, Supplement No.12, City of Fort Collins, Larimer County, Colorado. As recorded in reception number 86012711 of the Larimer County records. EXHIBIT E13 LEGAL DESCRIPTION Map of the Chestnut Village Condominiums , City of Fort Collins, Larimer County, Colorado. As recorded in Book 2208, Page 821 of the Larimer County records. EXHIBIT E14 LEGAL DESCRIPTION: Chestnut Village at Cunningham Corner, A Planned Unit Development, City of Fort Collins , Larimer County, Colorado. EXCEPTING therefrom the following described parcels, Map of Chestnut Village Condominiums, Supplement No. 1 through No. 9 inclusive and the Map of Chestnut Village Condominimums, Supplement No. 12, and the Map of Chestnut Village Condominiums all in the City of Fort Collins , Larimer County, Colorado. According the the recorded plats thereof. EXHIBIT F LEGAL DESCRIPTION - Tract G, Cunningham Corner Master Plan A portion of the Southwest Quarter of the Southwest Quarter of Section 26, Township 7 North, Range 67 West of the Sixth Principal Meridian, City of Fort Collins, Larimer County, Colorado, being described as follows: Beginning at the Southeast corner of the Southwest Quarter of the Southwest Quarter of said Section 26 and considering the South line of said Southwest Quarter of the Southwest Quarter, to bear North 89°42'44" East, with all bearings contained herein, relative thereto; thence Easterly along the South line of said Southwest Quarter of the Southwest Quarter North 89042'44 East, 1316.64 feet to the Southeast corner of said Southwest Quarter of the Southwest Quarter; thence Northerly along the East line of said Southwest Quarter of the Southwest Quarter, North 00°21 '47" West, 493.00 feet; thence departing said East line South 89038' 13" West, 27.00 feet to the Northeast corner of Tract "A" , Chestnut Village of Cunningham Corners a Planned Unit Development according to the recorded plat thereof; thence Westerly along the Northerly line of said Tract "A", South 89038' 13" West, 458.00 feet to the Easterly most corner of Tract "F" of Willow Grove Village at Cunningham Corner a Planned Unit Development according to the recorded plat thereof; thence Northerly along the Easterly line of said Tract "F" , North 00021 '47" West, 87.59 feet; thence North 45°21 '47" West, 172.64 feet to the Southerly right-of-way line of Richmond Drive as platted in said Willow Grove Village at Cunningham Corner a Planned Unit Development; thence Easterly along said Southerly right-of-way line North 42016' 16" East, 26.86 feet; thence North 39035'47" East, 150.00 feet; thence North 42016' 16" East, 51 .81 feet; thence along a curve to the right having a delta of 36058'46" , a radius of 248.00 feet, an arc of 160.06 feet, a long chord which bears North 60°45 '39" East, 157.30 feet to the Southwesterly right-of-way line of Windmill Drive as platted in said Chestnut Village of Cunningham Corner a Planned Unit Development and Sundisk Village a Planned Unit Development according to the recorded plat thereof; thence Southeasterly along said Southwesterly right-of-way line along a curve to the right having a delta of 100°23' 11" , a radius of 248.00 feet, an arc of 434.52 feet and a long chord which bears South 50°33'22" East, 381 .03 feet; thence South 00021 '47" East, 214.54 feet to the true point of beginning of this description. the above described tract contains 4.77 acres more or less. EXHIBIT G LEGAL DESCRIPTION OF THE PROPOSED WILLIAMSBURG P.U.D. A tract of land situated in the Southeast One Quarter of Section 27, Township 7 North, Range 69 West, of the Sixth Principal Meridian, which considering the East line of said Southeast One Quarter as bearing North, and with all bearings contained herein relative thereto, is contained within the boundary lines which begin at the Southeast Corner of said Section 27 and run thence North 663.25 feet; thence along the north line of the South One Half of the South One Half of the Southeast One Quarter of said Section 27, N 89' 44' 16" West, 1020.01 feet; thence South 663.62 feet to a point on the south line of said Southeast One Quarter; thence along said south line S 89' 45 ' 30" East, 1020.00 feet to the point of beginning of this description. Excepting therefrom the right-of-way for Shields Street and Horsetooth Road being more particularly described as follows: A portion of the Southeast Quarter of Section 27, Township 7 North, Range 69 West of the Sixth Principal Meridian, City of Fort Collins, Larimer County, Colorado being described as follows: Beginning at the Southeast corner of said Section 27 and considering the South line of said Southeast Quarter to bear South 89045'45" West with all bearings contained herein relative thereto thence Westerly along said South line South 89°45'45" West, 1020.00 feet; thence departing said South line North 00°28' 17" West 50.00 feet to the Northerly right-of-way line of Horsetooth Road; thence Easterly along said Northerly right-of-way line North 89045'45" East, 307.21 feet; thence North 00014' 15" West, 10.00 feet; thence North 89°45'45" East, 68.00 feet; thence South 00014' 15" East, 10.00 feet; thence North 89045145" East 594.81 feet to the Westerly right-of-way line of Shields Street; thence Northerly along said Westerly right-of-way line North 00027'27" West, 409.06 feet; thence along a curve to the left having a delta of 9000010019 , a radius of 16.00 feet, an arc of 25.13 feet and a long chord which bears North 45027' 27" West, 22.62 feet; thence North 00°27 '27" West, 68.00 feet; thence along a curve to the left having a delta of 90000'00" a radius of 16.00 feet, an arc of 25.13 feet and a long chord which bears North 44°32'32" East, 22.63 feet; thence North 00027'27" West, 104.23; thence departing said Westerly right-of-way line North 89°48' 17" East, 50.00 feet to the East line of the Southeast Quarter of said Section 27; thence Southerly along said East line South 00027'27" East, 633.25 feet to the point of beginning of this description. The above described tract less exception contains 13.6168 acres, more or less.