Loading...
HomeMy WebLinkAboutPARK SOUTH PUD - OVERALL DEVELOPMENT PLAN - 46-88B - LEGAL DOCS - LEGAL COMMUNICATION (2)City *orney Citv of Fort Collins M E M O R A N D U M DATE: March 15, 1991 r1p, E MAR i 91991 �f TO: Stewart Ellenberg, Risk Manager Bob Smith, Manager of Stormwater Utility Susan Hayes, Civil Engineer II Tom Peterson, Director of Planning Joe Frank, Assistant Director of Planning ,Zed Shepard, City Planner Mike Herzig, Development Engineering Manager Sherry Albertson -Clark, Chief Planner FROM: Steve Roy, City Attorney/��_ RE: Settlement Agreement -- Park South Attached is a copy of the settlement agreement which was finally executed by Park South. Please note the provisions that may be relevant to your department. With regard to the future development of Park South, the agreement provides that any such development will occur according to the approved plat and the particular plans which have been enumerated. A separate agreement containing those provisions relevant to future development has been recorded with the Larimer County Clerk and Recorder. As to storm drainage, there are two relevant provisions. First, the parcel being conveyed to Park South must accommodate existing flows. Secondly, as to the newly acquired drainage easement through the Park South property, we have until August 1 of this year to complete the construction of the permanent storm drainage improvements. The City has-been reimbursed for the costs -advanced by Storm Drainage and a portion of the costs paid by the Self Insurance Fund. Kim will be in touch with Bob Smith and Stewart Ellenberg to see that those amounts are property credited. Thanks for all of your work on this file. Please let me know if you have any questions or concerns. SJR:kkg Attachments A00 LaPorte Avenue • P. O. Box 380 • Fort Collins, CO 80322-0380 • (303) 221-6320 SETTLEMENT AGREEMENT This agreement, effective as of February 8, 1991, is among MIDDEL ENTERPRISES, INC., a Colorado corporation ("Middel Enterprises"), PARK SOUTH VENTURE, a Colorado joint venture ("Park South"), HORSETOOTH LTD., a Colorado limited partnership ("Horsetooth"), BROWN FARM JOINT VENTURE, a Colorado joint venture ("Brown Farm"), JOHN R. P. WHEELER ("Wheeler"), ROBERT MARTIN ("Martin") and THE CITY OF FORT COLLINS, COLORADO, a municipal corporation (the "City"). Recitals A. All parties to this agreement except Horsetooth are litigants in Civil Action No. 86 CV 471, Middel Enterprises, Inc., et al. v. Brown Farm Joint Venture, et al., District Court for Larimer County, Colorado, and in Civil Action No. 88 CV 391, Middel Enterprises, Inc., et al. v. The City of Fort Collins, District Court for Larimer County, Colorado ("the Lawsuits"). Horsetooth is a co-owner of the real property described in the plat of the Park South PUD, situate in the Northeast quarter of Section 35, Township 7 North, Range 69 West of the 6th P.M., Larimer County, Colorado ("Park South PUD"). B. The parties wish to terminate and settle the Lawsuits and to release each other from certain claims and liabilities. Therefore, in consideration of the terms and conditions set forth in this document, the parties agree as follows: 1. (a) No later than March 6, 1991 (i) the City shall pay $38, 000 to Middel Enterprises and Park South, $8, 000 of which shall be considered in full satisfaction of all amounts claimed as costs in connection with the condemnation of the drainage easement by the City; (ii) Brown Farm, Wheeler and Martin shall pay $45,000 to Middel Enterprises and Park South;*(iii) Brown Farm shall convey the parcel of real property described in Exhibit A (the "Exhibit Property") to Park South by Bargain and Sale Deed, without any'"�`��v warranties, express or implied, as to any matter�'and (iv) Brown Farm shall pay $22,246.24 to the City for previously unreimbursed fees, costs and expenses incurred by the City to date in connection with this dispute. (b) The City agrees to cooperate with Park South in order that, as soon as the payments ,,�r�d cod �yyance�de Bribed in subsection 1(a) have been made, Park �ou�.ii�14 e iti��led` withdraw�lr'� all funds being held in the registry of the District Court in connection with the condemnation proceedings, and to obtain cancellation of any withdrawal bond that Park South may previously have posted. 2. Upon payment of the funds and conveyance of the Exhibit A Property as described in subsection 1(a), the parties shall dismiss with prejudice all claims and causes of action they. ark J L asserting against each other in the Lawsuits, except that the third party complaint filed by the City against Brown Farm, Wheeler and Martin for indemnification in Civil Action No. 88 CV 391 shall be dismissed without prejudice, pending final resolution of that portion of this dispute. Each party shall pay his or its own costs, expenses and attorney fees. Counsel for the parties shall execute and file with the Court appropriate stipulations of dismissal. 3. (a) Upon payment of the funds and conveyance of the Exhibit A Property as described in subsection 1(a), the City, Middel Enterprises and Park South shall file a stipulated motion in Civil Action No. 86 CV 471 requesting that the Court vacate all previous orders and judgments relating to the legal effect of the reservation language contained on the plat of Park South PUD. All parties agree to cooperate with the City and Park South in this endeavor. All other orders of the Court in that action shall be final and non -appealable. (b) The City agrees that it has relinquished all right, title and interest in, or claim to, any easement over Tracts G, H and J-P of Park South PUD, except that such release shall not (i) affect the City's lien for special assessments for improvements constructed in connection with the Horsetooth Road Special Improvement District 083, (ii) affect the City's rights, title and interest in the property condemned by the City in Civil Action No. 86 CV 471; or (iii) limit the City's right to require that any development of Park South PUD occur in accordance with certain letters dated June 15, 1978, from Ronald Strahle to Arthur March, June 15, 1978, from John Arnold to Ron Strahle, and dated February 26, 1991, from Stephen J. Roy to Douglas D. Konkel (copies of which are attached hereto and incorporated herein as Exhibits B, C and D respectively), and in accordance with the following plat and plans presently on file with the City for Park South PUD: (1) Subdivision plat, sheets 1 and 2, approved by the Larimer County Commissioners April 3, 1978, file number P-31 951; (2) Site plan, SP-1 and SP-2, file number P-31 951; (3) Landscape plan L-1 and L-2, file number P-31 951; (4) Architectural elevations, D-1, file number P-31 951; and (5) Utility plans, dated October 30, 1979, file number C3 746. Park South PUD may be developed in., accordance with the above - described plat, plans and letters. Alternatively, Park South PUD 2 40 0 0 may be developed in accordance with any other plat or plan which may be subsequently approved by the City in accordance with the relevant provisions of the City Code. (c) The City also hereby relinquishes any right, title or interest in, or claim to, any easement in the Exhibit A Property except (i) the City's interest in Tax Sale Certificates of Pur- chase, number 45390 and 47176, dated November 18, 1988, and November 9, 1989, respectively; and (ii) an easement for storm drainage purposes to carry upstream waters onto and through the Exhibit A Property into the Tract A Detention Pond situated in Four Seasons Fifth Filing PUD. The parties acknowledge that storm drainage waters presently enter the Property at four separate locations, as shown on Exhibit E, attached hereto and incorporated herein by this reference. Park South may change these points of entry and/or the manner in which storm drainage waters are conveyed through the Exhibit A Property so as to accommodate the development of the Exhibit A Property, provided that any such change in location is approved by the City's Manager of Stormwater Utility, and so long as any such change would not diminish the quantity or rate of flow of storm waters presently delivered onto the Exhibit A Property and would not require any third party to construct any additional, off -site storm drainage improvements to accommodate said quantity or rate of flow. (d) The City hereby approves and accepts the existing improvements installed in and on Manhattan Avenue and that portion of Dennison Avenue (formerly known as Boulder Avenue) which is presently constructed. The City will maintain the said portion of Dennison Avenue, as well as Horsetooth Road and Manhattan Avenue. The remaining portion of Dennison Avenue, as well as Walden Way, will be maintained by the City upon their completion according to the approved plans therefor and acceptance by the City. The property owners will maintain all other streets in Park South PUD. (e) Concurrently with the commencement of development of Park South PUD, or no later than December 31, 2000, the undersigned owners of Park South PUD or their successors in interest, shall execute and deliver deeds of easement to the City to ensure that all private streets shown on the plat for Park South PUD can be lawfully used for emergency access and for the installation of water, sewer, electric and storm drainage facilities to serve Park South PUD. The City shall be entitled to such deeds without the payment of any consideration other than the amounts to be paid under this agreement. (f) Upon payment of the funds and conveyance of the Exhibit A Property as described in subsection 1(a), the City, Middel Enterprises, Park South and Horsetooth shall execute and cause to be recorded a document summarizing the provisions contained in subsections 3(b) through 3(e) and in sections 8 and 9 of this agreement. 3 (g) Upon payment of the funds and conveyance of the Exhibit A Property as described in subsection 1(a), Brown Farm, Wheeler and Martin shall execute a Quit Claim Deed to terminate any interest they may have or assert in Park South PUD. 4. Effective upon payment of the funds and conveyance of the Exhibit A Property as described in section 1: (a) Middel Enterprises, Park South and Horsetooth, for themselves and their successors, representatives and assigns, forever and unconditionally release and discharge Brown Farm, Wheeler, Martin and the City, and their respective attorneys, agents, officials, employees, heirs, representatives, successors and assigns from any and all obligations, claims, demands or liabilities of every kind, whether known or unknown, and whether mature or not yet mature, that Middel Enterprises, Park South or Horsetooth may have or may assert against any of the releasees that arise from or relate to (i) the events, circumstances or claims that are, or at any time were, the subject of the Lawsuits, including, but not limited to, each and every claim, cause of action or right of recovery or relief asserted in the pleadings and other papers filed by Middel Enterprises or Park South in the Lawsuits, or (ii) arise from the initiation or prosecution of the Lawsuits. (b) Brown Farm, Wheeler, Martin and the City, for themselves and their successors, representatives and assigns, forever and unconditionally release and discharge Middel Enterprises, Park South and Horsetooth, and their respective attorneys, agents, heirs, representatives, successors and assigns from any and all obligations, claims, demands or liabilities of every kind, whether known or unknown, and whether mature or not yet mature, that Brown Farm, Wheeler, Martin or the City may have or may assert against any of the releasees that (i) arise from or relate to the events, circumstances or claims that are, or at any time were, the subject of the Lawsuits, including, but not limited to, each and every claim, cause of actioh or right of recovery or relief asserted in the pleadings and other papers filed by Middel Enterprises or Park South in the Lawsuits, or (ii) arise from the initiation or prosecution of the Lawsuits. (c) Park South, Middel Enterprises and Horsetooth waive any right they may have under the condemnation decree entered in Civil Action No. 86 CV 471 to receive any further compensation for use of the temporary easement for the construction of the drainage swale prior to the date of this agreement. Park South, Middel Enterprises and Horsetooth acknowledge that the payment of the $34,100 condemnation award, $9,202.39 in interest and $8,000 for costs satisfies in full all claims they may have for compensation arising from the condemnation of the drainage easement and the use of the temporary construction easement. Upon reasonable notice to Park South, the City and its agents, contractors and employees 2 s �r shall be entitled to further utilize the temporary construction easement to complete the final construction of the drainage swale without payment of any additional compensation. The City shall diligently work to complete the construction as soon as reasonably possible in light of weather and other conditions, and shall utilize construction techniques that will minimize the impact of the construction on the temporary easement. The right of the City to further use the temporary easement shall terminate on the latter of the completion of construction of the drainage swale or August 1, 1991. 5. Park South and Middel Enterprises presently are plaintiffs in an action against Title USA Insurance Corporation (Civil Action No. 88 CV 306, District Court for Larimer County, Colorado). Park South and Middel Enterprises agree, jointly and severally, to indemnify and hold Brown Farm, Wheeler, Martin and the City harmless from any claim, cause of action, damage or liability asserted against any of them, and any cost or expense, including reasonable attorney fees, incurred by any of them if any of them is made a party to such litigation or is separately sued by Title USA Insurance Corporation or its successor in interest on any claim or cause of action arising out of, or related to, the title insurance previously issued by Title USA Insurance Corporation. 6. The parties are entering into this agreement for the sole purpose of terminating the Lawsuits and avoiding the further cost and uncertainty of litigation. Each party has denied liability to the other parties for any claim, demand or cause of action released under the terms of section 4, and by entering into this agreement, no party admits or acknowledges any liability to any other party. 7. Each party represents and warrants to each other party that (i) he or it has not assigned or transferred any right to or interest in any claim released by him or it under the terms of section 4 or settled by the terms of this agreement, (ii) the execution and performance of this agreement has been duly approved by all persons or entities from whom approval is required, (iii) he or it is fully authorized and empowered to execute and perform this agreement, and (iv) the execution and performance of this agreement do not violate any other agreement or obligation by which he or it is bound. 8. This agreement shall be binding upon and inure to the benefit of the parties and their heirs, successors, representatives and assigns. It shall be governed by and interpreted in accordance with Colorado law. 9. This agreement shall be specifically enforceable. If any legal action is brought to enforce this agreement or any of its terms, the party or parties prevailing in such action shall be entitled to a judgment against the non -prevailing party or parties • 46 for all costs, expenses and attorney fees incurred in such action, in addition to any other relief or damages awarded. DATED this 6th day of March, 1991. MIDDEL ENTERPRISES, INC., ATTEST: a Colorado corporation (seal � By President ATTEST: City APPRO D AS TO F RM: C'ty A.Xtorn4y PARK SOUTH VENTURE, a Colorado joint venture HORSETOOTH LTD., a Colorado limited partnership 010 !7R• Colorado- - By i U. TZ R. P. wheeler nt Venturer JOAW R. P. WHEELER, ndividually Joh R. P. Wheeler, as Attorney - in -Fact for ROBERT MARTIN THE CITY OF FORT COLLINS By C Z4� Steven C. Burkett, City Manager 2 EXHIBIT "All ATTACHED TO AND MADE A PART OF THAT CERTAIN SETTLEMENT AGREEMENT BY AND BETWEEN MIDDEL ENTERPRISES, INC., A COLORADO CORPORATION ("MIDDEL ENTERPRISES"), PARK SOUTH VENTURE, A COLORADO JOINT VENTURE ("PARK SOUTH"), HORSETOOTH LTD., A COLORADO LIMITED PARTNERSHIP ("HORSETOOTH"), BROWN FARM JOINT VENTURE, A COLORADO JOINT VENTURE ("BROWN FARM"), JOHN R. P. WHEELER ("WHEELER"), ROBERT MARTIN ("MARTIN") AND THE CITY OF FORT COLLINS, COLORADO, A MUNICIPAL CORPORATION ("CITY") Legal Description A tract of land situated in the NW 1/4 of Section 35, T7N, R69W, of the 6th P.M., Larimer County, Colorado, being more particularly described as follows: Considering the North line of the NW 1/4 of Section 35 as bearing N80*4113511W and with bearings contained herein relative thereto. Beginning at the N 1/4 corner of said Section 35, thence S00'03'34"E along the east line of the said NW 1/4 and the West line of Park South, a planned unit development recorded in the office of the Larimer County Clerk and Recorder, a distance of 589.82 feet to the True Point of Beginning. Thence, continuing along the east line of said Section 35, S00'0313411E 598.98 feet, thence along the arc of a curve to the right, having a central angle of 15`2610411, a radius of 302.17 feet, an arc length of 81.40 feet and a long chord which bears N82*2013211W for a distance of 81.15 feet, thence N74'37130"W, 65.50 feet, thence, along the arc of a curve to the left, having a central angle of 12'2312611, a radius of 370.30 feet, an arc length of 80.08 feet, and a long chord which bears N80'4911311W for a distance of.79.92 feet, thence, along the arc of a curve to the right, having a central angle of 87*1912111, a radius of 15.00 feet, an arc length of 22.86 feet, and a long chord which bears N43'2111511W for a distance of 20.71 feet, thence, N00*18'25"E, 486.22 feet, thence, S89'41135"E, 85.32 feet, thence, N30'18125"E, 34.64 feet, thence, N60'18125"E, 69.00 feet, thence, S79*0015211E, 36.16 feet, thence, N89*56126"E, 35.25 feet to the True Point of Beginning., - EXHIBIT A • • .O r.LO r sr.. a p.v�0 !• IOC.• Mr. Arthur E. City attorney Fort Collins, Dear Art: �••• 0rrIGCS, STRAHLE 8e POWER o0sr ,rnCt !ot .!f FORT COLLINS. COLORADo D0322 :arch, Jr. Colorado 307.448..444 June 15, 1978 jhis letter is written in behalf of Park South Company and constitutes a recitation of the terms and conditions which we understand to be applicable to the annexation of Park South Plaa ned Unit Development. 'Ile are aware, of course, that the final decision for the city must be :jade by the City Council, but it is our understanding that the various agencies ofthe city with whc= we have been negotiating will recommend the following to the council: 1. STREETS: In order to protect the edges of the pavement, all streets will be built with a concrete edge, flush with the top of the asphalt, six inches wide and set into the ground twelve inches deep. Drainage will be by means of a grassy swals, rather than conventional gutters. Street widths shall be as follows: Manhattan Avenue will have an eighty foot right-of-way with a forty-four foot paved area. 3mlder Street will have a sixty foot right-of-way with a thirty-six foot pavement. Walden Way and Rock Way will each have a fifty Moot right-of-way and twenty-eight feet of pavement. all courts aad cul-de-sacs will have twenty-four feet of pavement. The name of the street denominated as Rockway Court on the plat will be changed to Rock Way Drive and will be extended to intersect with Horsetooth Road. All cul-de-sacs will be ninety feet in diameter. All sidewalks will be concrete, rather than asphalt, and will E,=BIT B 1 of 3 . Mr. Arthur E. Xarch, Jr. Page Two June 15, 1373 have a unifo rn width of four feet. .Bain thoroughfares shall have sidewalks on one side of the street. Sidewalks serving ho:-=_s which face on a cul-de-sac will not be adjacent to the cul-:?e- sac, but will be at the rear of the homes. Park South will dedicate an additional twenty feet for Horse - tooth Road, to be added to the existing thirty foot right-of-way, the total to constitute one-half of a one hundred foot right-of- way. Park South will be required to widen the south half of ::orse- tooth Road so that the total width of the pavement on such south half will be thirty feet. Park South shall pay for curbs and gut- ters for this portion of the street, and the City of Fort Collins shall pay for any costs occasioned by designation of Horsetooth Road as an arterial street,. including, but not by way of limitation, the cost of ten feet of the paving involved. A seven foot wide concrete sidewalk shall be built on the south side of Horsetooth Road, and Park South Company shall pay for four feet of this side- walk. Park South shall also pay for the widening of the south half of the bridge across the canal of the New Mercer Ditch Company sub- ject to the provision that the city will pay for so much of the work as is occasioned by the fact that the street is an arterial, including, but not by way of limitation, payment for ten feet of such widening. Park South Company shall not be required to do the widening of Horsetooth Road or the bridge referred to above until such tine as certificates of occupancy have been issued for one hundred and sixty living unty, in the subdivision or unt'-1 three years from the date of annexation, whichever first occurs. 2. UTILITIES: As of the date this letter is written, the question of whether utilities shall be furnished to the subdiv- ision by the City of Fort Collins or by service districts is un- resolved. The city will use its best efforts to resolve this question, if possible by the time the annexation is complete. Installation of the water distribution system in the sub- division, including service to fire hydrants, shall be in accor- dance with requirements of the Fort Collins -Loveland Water District. The city has approved the number and location of fire hydrants as EXHIBIT B 2 of 3 u Mr. Arthur E. March, Jr. shown on the subdivision plat. Page Three :une 13t 1973 At the present time we do not have the city's requirements for the number and location of street lights or for layout within the subdivision generally. we anticipate having this information prior to the time the annexation comes before the city council and if there are problems they will be the subject of further ne- gotiation. 3. STO M DRAINAGE: As indicated previously, drainage will not be by convential curb and gutter, but by grassy swale. ^he detention pond as shown on the plat, which has been accepted by the New Mercer Ditch Company, is also acceptable to the city. 4. ZONING: Zoning shall be as recommended by the Fort Col- lins Planning and Zoning Board, which includes 61.4 acres of R-L-P, 20.4 acres of R-Pp and 16.5 acres of H-B. Lot sizes, set- backs, and similar requirements shall be as shown on the plat of the Park South PUD First Phase, as approved by the Lari.-er County Commissioners. If this letter represents an accurate summary of negotiations between the City of Fort Collins and Park South Company, pLease sign a copy of this letter and return it to me. Yours sincerely, r Ronald H. Strahle The foregoing letter constitutes an accurate summary of an understanding reached by Park South Company and representatives of the City of Fort Collins, subject to approval by the Fort Collins City Council. CITY OF FORT COLLINS By. r =rr B 3 of 3 7 _ ' � ���•� R I'll `� �'1.w�` �=Y�' •.� �"'r i��a��.' ^�1�„� _ �.�.� V�'r ♦• R ..'i '�Y -fry :ci�a .�- M/'r. r•i•. -C. �17+��.v ����_ N"�-�..ir�-,LJ��� .J�� � ij. � �� •� `� .� � �' CJTY OF FORT COLLINSy 0 3t7X 580 enaT rni_i,_ive_ r pn p�5?2 OFFICE OF THE CITY MANAGER June 15, 1978 `"x. Pcnald Strahle Attorney at Law United Bank Build-, Fort Colll; s, Colorado 90521 Dear Pon: - Reference is Trade to your letter of June 15, 1978, pertaining to City arLnexation of the Park South area. Your letter accurately sets forth the understandings reached as a result of negotiations, with the follow- ing additional provisos 1. Concerning utilities, the materials allowed by the district (PAC) will be pearitted. Such materials will be installed according to reasonable requirements to be determined by the City. 'lhe same proviso relstes to installation of fire hydrants. Also City water and sewer service will be utilized unless the City detezznires that the District shall- serve the area. 2. We understand your group will not contest the annexation of this territory to the City if the agreements reached are approved by the City Council. As you note, negotiations have been conducted and understandings reac.ad and the final determination will be made by the City Ceurcil. Sincerely, BY: Jo E. 7� 0 , Z*gL..ma ager ORMIT C OC1cb ; City At1:_.ney City of Fort Collins February 26, 1991 Douglas D. Konkel, Esq. Sorensen and Konkel 1405 S. College Avenue Fort Collins, Colorado 80524 Dear Doug: I met at length with City staff to determine how to describe the kind of development that the City would approve in the Park South PUD. I relayed your concerns that some of, the PUD plans on file with the City may not have been properly approved by the City. I also pointed out that this question of approved and unapproved plans was the subject of considerable testimony and argument at trial. In the City's view, the PUD plat and all of the plans presently on file with the City are part of the PUD as it was first approved in the County and subsequently approved by the City at the time of annexation. Admittedly, not all are signed by the City, but that was the customary practice at the time. Nonetheless, all do have the same file number and all such plans are considered to be part and parcel of the PUD approval process. Thus, it is the City's position that any development of the Park South PUD under the existing plat and plans must comply with all such plans as are enumerated in the revised language in paragraph 3(b) of the settlement agreement. As you have noted, the final site plan and final landscaping plan depict sidewalks within the tracts., Those sidewalks would not have to be constructed because, as you have noted, many of them would now "dead-end" into the new drainage easement acquired by the City. Nonetheless, the City does not agree that the open space shown on the plat and plans could be eliminated or fenced. Alternatively, the City would permit the property to be developed according to any new PUD or subdivision which may be approved under the relevant provisions of the City Code. If approval were sought for a new subdivision plat, the City would be willing to relax the requirements of the Code so as to accommodate the improvements and utilities which have been installed in Stream Court. The City would either permit Stream Court to remain a private street as presently constructed, or it would accept Stream Court as a public street if it were reconstructed according to City standards with sidewalk, curb and gutter, and additional thickness of pavement, in which event every effort would be made to not disturb the existing utilities under Stream Court if that were reasonably possible. EXHIBIT D 1 of 2 300 LaPorte Avenue • P. O. Box 380 0 Fart Collins, CO 80522-0380 • (303) 221-6320 Douglas D. Konkel, Esq. February 26, 1991 Page 2 Please review the revised language of the proposed settlement agreement. It represents the City's best effort to resolve this dispute and clarify the manner in which development will be permitted in the Park South PUD. Very truly yo rs, tephen J. Roy7 City Attorney SJR:kkg Enclosure CC: Tom Peterson, Planning Director Joe Frank, Assistant Planning Director Sherry Albertson -Clark, Chief Planner Ted Shepard, City Planner Mike Herzig, Development Engineering Manager Bob Smith, Manager of Stormwater Utility V7S an Hayes, Civil Engineer II Lawrence Hamil, Esq. EXHIBIT D 2 of 2 I `a c .eels �. uro� r !� Ilk AVENUE � I � I�1 AVENUE 731 725 719 713 707 95 96 97 88 89 94 0 0 O 05-00/ T1 ou 01- !O i SEA ONS /s> 94 ono 83 92 0 81 0 80 0°0°= 79 ti , 730 724 718 712 706 a AVENUE 731 73 WENUE -7 i9--- 31 u-oa r SE FOO 730 DENNISON AVENUE ---- — {•—-ea0..f pm. T31 719T13 at1*0 26 so M � I 24 " H W ;p W 3 - - -stoim sewer inlet 0 .7 : ). sewer Z W a 2 W m �o openinqtin curb bd �o I -4I sto= se4 and swalE inlet r_sc s t: racer n avenue !� -dater ing = rce, EXHIBIT E • .r m 0 Citv Attorne City of Fort Collins J. Lawrence Hamil, Esq. 1380 Lawrence Street Suite 1400 Denver, Colorado 80204 Re: Settlement Negotiations 86 CV 471 and 88 CV 391 Dear Larry: February 5, 1991 TELEFAXED I have obtained authority from the City's Risk Manager for the City to contribute the sum of $30,000.00 to the settlement of the dispute relating to the Park South drainage easement. The City's contribution of that amount would be contingent upon the following: (1) The $30,000.00 would be paid to the Plaintiffs in the above -entitled actions and would be accompanied by a payment to the Plaintiffs from Brown Farm Joint Venture ("BFJV") in the amount of $45,000.00. BFJV would also convey to the Plaintiffs certain vacant real property in Four Seasons Seventh Filing PUD adjacent to Park South PUD and presently owned by BFJV. It is my understanding that the appraised value of this property is no less than $50,000.00, and that a letter of opinion to that effect would be provided to the City by a qualified real estate appraiser. (2) BFJV would reimburse the City for all costs incurred to date and not yet reimbursed, which have been or will be expended by the City in connection with this dispute. The total amount payable would be $22,246.24, which represents $4,732.60 for attorney's fees, $9,202.39 for interest on the condemnation award which has been paid into the Registry of the Court, $8,000.00 in settlement of the Plaintiffs' claim for costs in the condemnation (if acceptable to the Plaintiffs) and $900.00 for engineering fees. (See Attached "A" for breakdown.) (3) BFJV will produce evidence of having made payment in full directly to the contractor for all construction work performed in installing the storm drainage improvements within the newly acquired drainage easement. BFJV will also pay for the fine grading and seeding yet to be completed in the temporary and permanent drainage easement. (4) As soon as weather permits, BFJV will cause the final improvements to be made to the Tract A detention pond, ,A) L.il'orte A%enue - P. 0. Bk,\ „+4) - Fort Collins. CO'U;2__ll;till 6 (31)o „J- ;11) ti J. Lawrence Hamil. Esq. February 5, 1991 Page 2 including completion of the grade work, spillway and concrete trickle channels, and the seeding. Upon completion of these items and acceptance of those facilities by the City, the City will release the letter of credit previously provided by BFJV, and will make payment to BFJV in the amount of $8,000.00, pursuant to its earlier agreement to that effect. (5) In consideration of the payment of the $30,000.00, the City and its officers and employees will be released by the Plaintiffs and BFJV from any and all claims of liability relating to this matter. As soon as you have had an opportunity to review all of this, please let me know if the terms and conditions that I have described are acceptable to your client. Although I believe that the City would be legally justified in pursuing the strict enforcement of its indemnity agreement, City staff believes that the terms and conditions of the proposed settlement, when viewed in combination with the expenses already incurred by BFJV in connection with this matter, represent an equitable solution to the problem. In the event that the settlement proposal cannot, for any reason, be finalized, please understand that nothing herein should be construed as an admission of liability or wrongdoing on the part of the City and, in such event, the City preserves all rights and remedies which it may have at law or in equity to fully enforce the terms and provisions of its indemnity agreement with BFJV. Obviously, your efforts on behalf of BFJV have proved to be most helpful in moving this matter toward a satisfactory resolution. Let's hope we can finalize this settlement. Thanks for your continuing cooperation. Very truly you s, Ste hen J. Roy City Attorney SJR:kkg cc: Bob Smith, Stormwater Utility Manager Stewart Ellenberg, Risk Manager Ike R • ATTACHMENT A (2/5/91) Re: Invoice for Reimbursement to City of Costs Paid in Connection with 86 CV 471 and 88 CV 391 Attorney's Fees: Paid by City: $4,243.85 Remaining to be paid to Anderson, Sommermeyer, Wick and Dow: $ 488.75 Court Costs: Interest on Award in Condemnation Portion of Case Paid by City: $9,202.39 Bill of Costs: $8,000.00 (if agreed upon) Miscellaneous Cost: Northern Colorado Engineering Services: $900.00 Total Amount Due City: $22,246.24 Total Amount Due ASW&D: 488.75 Grand Total .$22,734.99