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HomeMy WebLinkAboutFOOTHILLS MALL REDEVELOPMENT - PDP - PDP120036 - LEGAL DOCS - APPLICATIONWALTON FOOTHILLS HOLDINGS VI, L.L.C., a Delaware limited liability company By: Foothills Alberta Member, LLC, a Colorado limited liability company, its 008901\0002\1774397. 43 r '. "•. SEAL Attest Z�)a4IA City Clerk Approved orm 1�4'7 Deputy'City Attorney 008901 \0002\ 1774397. 42 CITY OF FORT COLLINS, COLORADO By= - , Al Darin Atteberry, City Manager AGREEMENT REGARDING INCOMPLETE APPLICATION THIS AGREEMENT ("the Agreement") is executed this day of , by and between the City of Fort Collins, Colorado, a municipal corporation ("City") and Walton Foothills Holdings IV, LLC, a Delaware limited liability company ("Applicant/Developer"). WHEREAS, Section 2.2.4 (B) of the Land Use Code of the City contains regulations regarding the processing of incomplete applications which Section includes a requirement that the Applicant/Developer which submits an incomplete application must enter into an agreement with the City which provides certain protective provisions including a requirement that the "documents of approval," if any, cannot be recorded with the Larimer County Clerk and Recorder until a complete application has been approved and also including a requirement that certain indemnification promisesbe provided to protect the City; and WHEREAS, the Applicant/Developer desires to submit an incomplete application for redevelopment of the Foothills Mall for early review by the City because a portion of the Foothills Mall property to be developed under the application is not under the ownership and control of the Applicant/Developer even though the Applicant/Developer has the right to use and control the majority of the property to be developed under the application; and WHEREAS, the Director must also determine that it would not be detrimental to the public interest to accept the incomplete application for review and consideration; and WHEREAS, in pursuance of the anticipated filing of an incomplete application for redevelopment of the Foothills Mall by the Applicant/Developer, the parties, in consideration of the mutual promises of the parties and good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, agree as follows: 1. The Applicant/Developer agrees that (a) until such time as the Applicant/Developer has acquired full ownership and control of all property to be developed under the application for redevelopment of the Foothills Mall, the Applicant/Developer shall not record, or cause to be recorded, in the office of the Larimer County Clerk and Recorder any document related to the City's review and approval of the application; and (b) the Applicant/Developer hereby agrees to indemnify and hold harmless the City, and its officers, agents, and assigns, from any and all claims that may be asserted against them by any third party, claiming injury or loss of any kind whatsoever, to the extent such claims are in any way related to or arise from the City's processing of the application despite its incomplete status, except that the Applicant/Developer shall not be required to indemnify the City, its officers, agents and assigns from claims resulting from the City's negligence, or the City's action outside its authority. IN WITNESS WHEREOF,the parties hereto have executed the day and year first above written. 008901 \0002U 774397. 41 'Y City of Planning, Development & Transportation Fort Collins Community Development and Neighborhood Services 281 North College Avenue P.O. Box 580 Fort Collins, CO 80522.0580 970.221.6601 970.224.6239- fax fcgov.com MEMORANDUM Date: December 28, 2012 To: Darin Atteberry, City Manager From: Courtney Levingston, City PlanneNr,, Through: Karen Cumbo, Director of PDT r' Laurie Kadrich, Director of CDN� Regarding: Foothills Mall Incomplete Application Agreement Action Requested: Please sign the attached agreement regarding the Foothills Mall Project Development Plan application. Background: On December 18, 2012, City Council approved Ordinance No. 149, 2012, amending Division 2 of the Land Use Code to allow for the processing of applications for the development of property not yet under the full ownership and control of the applicant/developer. On December 28, 2012, the Community Development and Neighborhood Services (CDNS) Department received an application for the redevelopment of the Foothills Mall. The application received illustrates that Applicant has legal right to use and control the majority of the Project Development Plan area. Pursuant to the recent Article 2 amendments, in order for the CDNS Director to authorize the processing of an incomplete application, the applicant/developer must enter into an indemnification agreement with the City Manager related to the processing of said application. Additionally, in this agreement, the applicant agrees to not record the Final Plan or any related documents until they have control over the entire Project Development Plan site.