HomeMy WebLinkAboutCENTRE FOR ADVANCED TECHNOLOGY PUD SECOND - Filed OA-OTHER AGREEMENTS - 2003-07-07AGREEMENT
This Agreement is made and entered into this day of
April, 1987 by and between Everitt Enterprises Limited
Partnership No. 1, a Colorado limited partnership ("Everitt") and
the City of Fort Collins, Colorado, a municipal corporation,
("City").
WITNESSETH:
WHEREAS, concurrently with the execution of this Agreement,
Everitt and the City intend to execute an agreement (the "Ditch
Crossing Agreement") with the New Mercer Ditch Company (the
"Ditch Company") which authorizes Everitt to- construct and
install a box culvert and sanitary, water and storm sewer lines
(the "utility improvements") within a portion of the New Mercer
DJtch right-of-way and the right-of-way of Center Avenue, subject
to the City assuming certain maintenance obligations therefor;
and
WHEREAS, the City and Everitt desire to establish additional
terms and conditions as among themselves relating to the
construction,, installation and maintenance of the utility
improvements.
NOW THEREFORE, by and in consideration of the above premises
and the following terms and conditions, the City and Everitt
agree as follows:
1. The utility improvements shall be constructed and
installed by Everitt at its sole cost and expense and the City
shall not be liable for payment of any costs associated with the
construction and installation of such improvements.
2. It is recognized by the parties hereto that the City is
in no way responsible for any damages caused by the construction
and installation of the utility improvements and Everitt hereby
agrees to indemnify and hold the City harmless from any liability
for damages caused by such construction and installation.
3. Notwithstanding anything to the contrary in the Ditch
Crossing Agreement, the City agrees to begin maintenance of the
utility improvements in accordance with the standards set forth
in paragraph 1-1 of the Ditch Crossing Agreement, at such time as
the utility improvements have been dedicated to and accepted by
the City. Until such dedication and acceptance, Everitt agrees
to maintain the utility improvements at its sole cost and in
accordance with the standards of the Ditch Crossing Agreement.
the inception of the University, and in recognition of the
potential value of the University�to the City, the Boulder
community contributed $15,000 as one-half of the initial cost of
the construction of "Old Main," the original university building.
Since that time, there has been a continuing positive
relationship between the University and the City with many
cooperative efforts expended in solving mutual problems and
resulting in significant benefits to both parties.
As part of the University's process for long-range plans for
the phased development of the Research Park Project, the
University desires to reach a cooperative agreement and
understanding with the City concerning the development of the
Project which will benefit both the University and the City. The
City and the University recognize that the Research Park Project
is a long-term project, presently in its conceptual stage, which
Wilk --evolve and be refined over the next decade or more.
This Memorandum of Understanding sets forth understandings
etween the City and the University concerning the development
rocess for the Project and pledges to continue the positive
working relationship between the University and the City.
Neither party by this Agreement concedes supervening authority of
the other over their respective jurisdictions.
Based on these considerations, it is agreed and understood
as follows:
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I. OFF -SITE DEVELOPMENT AND IMPROVEMENTS
dress and Egress to the Site. The University shall
be given access to city streets and roadways at such points as
are reasonably necessary to develop the Research Park Project.
/dtermined
s of ingress, egress, and traffic control shall be
based on reasonable requirements of the City and the
nableequirements of the University's development plan.
2. Off -Site Water and Sewer Facilities. The City shall
assist' and cooperateY n with the University iplanning any
utilities required for this Project. All off -site facilities
relating directly to the Protect shall be developed as a
cooperative effort between the University and the City consistent
with the budgetary constraints of the University and the City.
3. Financing Off -Site Improvements. The University and
the City agree to quall share the costs of all off -site
tr ns� p-tion and utility improvements mutually agreed upon by
the University and the City as necessary for the Project
consistent with the budgetary constraints of the University and
the City. The City will, at the University's request, establish
a local improvement district, to assist the University in the
financing of these improvements, in accordance with the City's
past practices concerning such districts.
II. ON -SITE DEVELOPMENT AND IMPROVEMENTS
e University and the City agree to cooperate so that the
iri of the Land Use Regulations of the City are followed on
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the Research Park. To resolve certain potential issues, the
University and the City agree as follows:
1. Standards and Codes. The University shall develop
the Research Park Project in a campus setting which will be
consistent with that of the main Boulder campus and to National
Building, Fire, Electrical, Mechanical and Plumbing Codes adopted
by the University. The University will consult with the City
concerning its standards and codes. Realizing that the
development and construction of the Project will be undertaken
upon University property, it is understood that the University's
Development Planning Process shall be the process used by the
University for planning, development and construction of the
Research Park Project.
2. Use. The University or its third -party designees
have the right to develop the Research Park Project within the
broad range of uses found on the existing main Boulder campus and
the East Campus and including without limitations, hotel and
conference facilities, research and development facilities,
in ubF ator facilities for start-up businesof the
Research —Park concept, office buildings, and laboratories. The
City Manager will be notified by the Vice Chancellor for
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Administration of proposed projects that have received the
Chancellor's approval for development of a written program plan.
Should the City Council formally request that such development
not proceed or that it be changed in a significant way, the City
Council may request the Board of Regents include the Project as
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an agenda item at a public meeting, in accordance with the Board
of Regents customary procedures, prior to determining if the
development will proceed.
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3. Bulk Requirements. The University will create its
CW
own site plan allowing for flexible setbacks consistent with its
�enspace, bikeway, pedestrian way, and parking plans and any
other amenities. City setback requirements as they pertain to
public streets at the perimeter of the East Campus and adjacent
private property shall be met.
4. Open Space. The University will provide usable
open space as part of the Project similar to the land reserved
under the City's Land Use Regulations and consistent with the
campus -like setting of the main Boulder campus. It is
anticipated that the University's open space plan will include
pedestrian. ways and bike paths consistent with the City's bikeway
path program. Boulder Creek has been recommended to the Boulder
Campus Chancellor for designation as open space by the Boulder
Campus Planning Commission.
5. Landscaping. The University will provide adequate
landscaping consistent with the overall design concepts of the
Q —
Research Park Project and will meet the City's landscaping
requirements along City streets. The Project will be designed in
such a mariner as to be similar with the landscaping with the main
Boulder campus landscaping.
6. Covenants and Use Restrictions. The University
intends to develop a stringent set of covenants, conditions and
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restrictions for the development of the Research Park Project.
The covenants will deal with the types of buildings to b
constructed, style and materials to be used, and will generally
insure that all buildings and facilities are of a high quality
and will meet high aesthetic standards.
7. Land Development Review. All buildings to be
constructed on the site will be subjected to the University's
Project Design Review process. All buildings constructed will be
reviewed by the University's Building Committee, architect,
Design Review Board of the University and the Boulder Campus
Planning Commission. As a matter of practice, the University
holds at least one public meeting according to the Board of
Regents' customary procedures prior to granting final
authorization to construct buildings. The buildings will be
reviewed based on the covenants to be drafted by the University
insuring that all construction is consistent with the overall
plan of the University. During the design development process,
the facilities planning, mechanical, electrical, energy
conservation, and health and safety departments of the University
shall be an integral part of the process' for reviewing all
planned construction.
8. City Fees and Taxes. If a party other than the
University constructs a building or buildings within the site,
amounts which are equivalent to the City's building permit fees
and applicable sales and use taxes shall be paid, but no building
permits will be required. Projects within the site undertaken
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directly by the University are exempt, under Section 3-2-7,
B.R.C. 1981, from such fees and taxes.
aE9. Water and Sewer. The University agrees to pay all
plicable utility fees to the City for connections to the City's
utility lines. All third parties constructing buildings within
he Project shall pay all applicable utility fees.
10. Health and Safety Standards. 1 inspection of
construction within the Research Park Project will be conducted
by a qualified inspector (who may be a University employee)
authorized. by the University to conduct such inspections. The
University may request inspection by the City.
11. Flood Control. The University shall conform to
the Urban Drainage and Flood Control District and the Federal
Emergency Management Agency requirements as the standard for
construction of facilities within the site. The University will
consult with the City regarding concerns and will be responsive
to the Governor's Executive Order No. 8504, concerning floodplain
development. Hard -lined (concrete or asphalt) channels will not
be used for flood control purposes for Boulder Creek and Skunk
Creek.
12. Parking. Parking will be designed to be
consistent: with the campus -like amenities within the Research
Park Project and may have some combined parking areas where
appropriate for creating more pleasing aesthetic balance.
Bicycle parking will be included within the Project to be
consistent. with the type of use anticipated within the site.
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13. Fences, Hedges and Walls. The University will
comply with the requirements of the City concerning fences,
hedges and walls. Any fences, hedges and walls created within
the Research Park Project will be consistent with the covenants
to be established by the University and must meet those
standards.
14. Illumination. All illumination within the
Research Park Project will meet the standards of the City, except
where deviation is necessary as required by the University to
meet specific security requirements and safety of the occupants
of the Research Park Project, and to meet special requirements
for specialized uses.
15. Solar Access. It is agreed and understood that
the University is not required to comply with the solar access
requirements of the Boulder Land Use Regulations.
16. Plan Submittal. As is the current practice, all
�Oposed construction, site, architectural, engineering, utility
nd landscape plans, shall be furnished to the City for review
and comment. Post construction documents will be furnished for
health and safety response information.
17. Disclosures of On -going Activity. It is agreed
and understood by the City that the University is currently
considering a proposal for its construction of an addition to an
existing structure within the Research Park. It is possible that
the proposal may be approved before the University has its
Covenants and Restrictions in place and before certain other
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provisions, of this Memorandum of Understanding are in place.
However, the proposal is from a University affiliated organiza-
tion with existing facilities on the Campus.
18. Liability. By this Agreement, the City assumes no duty
to oversee the development of the Research Park, and neither
party assumes any liability for any actions of the other party.
19. Scope of Agreement. No inferences shall be drawn
concerning issues not specifically dealt with or discussed in
this Memorandum. .
THIS MEMORANDUM OF UNDERSTANDING is executed as of the date
first above written.
THE REGENTS OF THE
UNIVERSITY OF COLORADO
B l�f QnM.v� IV, . ('yl
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THE CITY OF BOULDER, COLORADO
ByX&_d_
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ADDENDUM TO MEMORANDUM OF UNDERSTANDING
The University and the City recognize that the Research Park
Development as it will be designed and approved by the University
will create certain impacts on the City's transportation network,
water and waste water utilities and air and water quality. The
City and the University agree to study jointly the range of these
impacts for the purpose of exploring the possibilities of
mitigating them in support of the University's development of the
site. The City and the University agree to develop a method by
which such impacts are assessed on or before February 1, 1987. A
written report on this evaluation shall be compiled on or before
June 30, 1.987.
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RCP`s _4 # 87026673 05 /08/87 08 :59 : 14 # OF PA3ES - 2 FEE - $6 .00
'.4 RODE ABER3ER, RECORL - LARIAER COUATY, CO ST DOC FEE $ .00
RECESVEG
SITE AND LANDSCAAPE COVENANTS �9R�
MAY b
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P.U.O.
Situate in the PLANK,
City of Fort Coll insnty of Lorimer, pEPARTN;_..
State of Colorado
Centre For Advanced Technology
The undersigned, fee owner of _ 2nd Filing P.U.O. (The
Property) located in the City of Fort Collins, County of Larimer, State of
Colorado, does hereby make the following declarations as limitations,
restrictions and uses to which the Property may be put, and hereby speci-
fies that these declarations shall constitute covenants to run with all of
the Property and shall be binding on all parties and all persons claiming
under them, and for the benefit of and limitations on all future owners of
all or part of. the Property, this declaration being signed for the purpose
of guaranteeing that the Property will be developed and landscaped ini-
tially and kept in desirable condition in the future as herein specified.
"Owner" shall include the signator to this document and all successors or
assigns of said signator.
The landscape improvements, parking areas, sidewalks, open spaces and
site amenities including, without limitation, energy generation or con-
servation amenities, as described in the site and landscape plans submitted
to the City of Fort Collins and on record therewith shall be made and
installed in "the manner as described in said plans unless amended pursuant
to the approval of the City of Fort Collins. With the exception of lands
necessary for construction, the owner shall cause the property to be
developed according to the site and landscape plan submitted to and ap-
proved by the City of Fort Collins. It is further understood and agreed
that the o'yner of the Property, or its assigns or successors in interest,
shall be responsible for the maintenance and care (including necessary
replacement of dead grasses, plants, trees or shrubs) of all "planted and
landscaped" areas and other amenities within said P.U.D. together with
all parking, sidewalks and open space areas and all areas otherwise uti-
lized for buffering energy conservation or other site amenity. Should the
owner fail in any respect to comply with the terms of th i s Agreement, the
City of Fort Collins upon notifying said owner in writing of the matters in
regard to which default is asserted and should the owner fail either to
cure said default within thirty (30) days after receipt of such notice or
to commence within twenty (20) days to rectify such default until it is
fully rectified or cured, then the City of Fort Collins shall have the
right (1) to obtain, in the District Court of Larimer County, Colorado, a
mandatory injunction requiring rectification of the default, or (2) to
enter upon said property and perform the work necessary to replace said
improvements or maintain the same and the owner shall pay. or cause to be
paid to the City of Fort Collins such sums necessary to reimburse said City
of Fort Collins for the labor and material expended to complete or maintain
said improvements which payment shall be made within ten (10) days after
receipt of billing. The sum due and unpaid shall accrue interest at the
statutory rate for judgements from the date that such sum is due. If said
4. Everitt hereby agrees to grant to the City reasonable
and necessary access to the New Mercer Ditch for the purpose of
performing its maintenance obligations required herein.
5. This Agreement shall extend to and be binding upon the
grantees, successors and assigns of the parties hereto.
IN WITNESS
Agreement to be
written.
ATTEST:
ATTEST:
Approved/
WHEREOF, the parties hereto have caused this
executed the day and year first hereinabove
A�sista4it ¢ity Attorney
EVERITT LIMITED PARTNERSHIP NO. 1,
a Colorado limited partnership
By: Everitt Enterprises, Inc.,
a Colorado corporationy)as
gener92,partner , /
e
Gerald R. HaRton,
President
CITY OF FORT COLLINS, COLORADO
a municipal corporation
By: C Zvt,�
City Manager
2
wil
billing is not paid, then the City of Fort Collins pursuant to the author-
ity granted by these covenants, shall have a lien on the above described
property and improvements thereto. Said lien to be exercisable by filing a
notice of said lien against said property and improvements thereto; pro-
vided, however, that the City of Fort Collins shall not have a lien against
any single-family lots and improvements thereto within the Property, if
applicable. The City of Fort Collins shall be entitled to all rights of
foreclosure or other remedies existing pursuant to Colorado law for en-
forcement of liens against real property and may also, at its discretion,
without waiving any other rights it may have pursuant to law, proceed
directly with legal action against the owner, its assigns or successors in
interest, to collect payment of the reasonable amounts so expended pursuant
to the terms hereof.
The undersigned, its successors and assigns, hereby expressly reserve
the right, with the consent of the City of Fort Collins, Colorado, to amend
or restate these Covenants, by including the provisions contained herein
within the Protective Covenants for the real property platted as "The
Centre For Advanced pUD" which real
Techno tpg� 2nd Filin •..wproperty shall include the property
subject to these Covenants.
DATED this 13th day of April , 1987.
e ATTEST:
%f: Sec,re ~ry T cy ]3 ie, Assistant
STATE OF COLORADO )
)ss
COUNTY OF LARIME:R )
Owner Everitt Enterprises Limited Partnership No.
a Colorado Limited Partnershi
By: Everitt erprises, In en ral P tner
By
It e Gerald R. Haxton, Presi en
Secretary
The foregoing instrument was acknowledged before me this 13th day of
April , 19 87, by Gerald R. H_axton as President and
Tracy_Hozie as asset. Secretary of" Eveiltt Enterprises, nc., a eneral Partner for
Everitt Enterprises Limited Partnership No. 1, a o ora o Limited Partnership.
My Commission expires: 8-13-88
Witness my hand and official seal.
a'
o°
Notary Publi ?
3000 South C lege Avenue, Fort Call os,--T,0'-805.i5.
— 2 — 773fe71 i11j1
AGREEMENT
THIS AGREEMENT is made and entered into this //* day of
r— I;I , 1987, by and between EVERITT ENTERPRISES, INC.,
as General Partner of Everitt Enterprises Limited Partnership
No. 1, hereinafter referred to as "Applicant," and NEW MERCER
DITCH COMPANY, a Colorado mutual irrigation company, hereinafter
referred to as "Ditch Company."
PROJECT
The construction of Center Avenue from Shields St. to Prospect
Rd. as part of the development of the Centre for Advanced Tech-
nology which construction and development will involve the crossing
of Ditch Company's irrigation ditch with sanitary sewer line,
storm sewer, domestic water line and the installation of a box
culvert for vehicular travel and to construct irrigation laterals
to provide for continued historic delivery of irrigation water
to lands owned by Colorado State University Research Foundation.
The legal description of the property involved in the project
is described on Exhibit "A."
WITNESSETH'
WHEREAS, the Ditch Company is the owner of an irrigation
ditch and the right-of-way therefor through land located as shown
on Exhibit "B."
WHEREAS, .Applicant desires to construct and install a box
culvert and install sanitary and storm sewer lines and domestic
water lines, all of which will be within the Ditch Company's
right-of-way and within the right-of-way of Center Avenue, with
all construction items as detailed in the Exhibits attached hereto
and made a part hereof by reference.
WHEREAS, Exhibit "B" sets forth all of the plans and speci-
fications and terms of this grant, and shall be in no way modified
or changed by any subsequent or related plans or materials not
included therein; and
WHEREAS, the Ditch Company is willing to grant to Applicant
this right upon the terms and conditions hereinafter expressed;
NOW, THEREFORE, in consideration of the premises and the
terms of the within Agreement, it is agreed as follows:
1. This Agreement is subject to the written approval by
Colorado State University Research Foundation, as to placement
and construction of the irrigation laterals, and the approval
by the City of Fort Collins as to all construction items.
2. The Ditch Company grants unto Applicant the right to
construct, install and maintain the above described items across
and under the existing ditch of Ditch Company, and further grants
unto the Applicant the right of ingress and egress to a part
of its ditch as shall be reasonable and necessary for the exer-
cise of the rights granted herein.
3. Applicant will, upon the completion of the project,
furnish to Ditch Company an "as built" exhibit further supple-
menting in final form the work described in Exhibit "B." Ap-
plicant understands and agrees that the fol lowing construction
items are shown on the plans but are repeated herein becaue of
their specific importance to Ditch Company. these items are,
as follows:
A. The maintenance right of way along the ditch
will be a 12' wide driveway with curb cuts and thickened
sidewalks.
B. The box culvert will have the capacity to
carry 125 cfs and Ditch Company will be furnished with
specific certification to that capacity by the Project
Engineer.
C. The box culvert will be constructed so that
its invert elevation is 38.3 as specified on Sheet
34 which Sheet is also designated as Box Culvert Sec-
tions and Details.
4. Applicant has previously paid to Ditch Company an appli-
cation fee in the amount of One Thousand Five Hundred and No/100
Dollars ($1,500.00). This is determined to be a minimum initial
payment to cover preliminary expenses, such as legal work, time
and motor vehicles for use by superintendent and/or directors;
review of the application; and other preliminary matters. In
addition thereto, Applicant agrees to pay for such additional,
reasonable and necessary expenses of the Ditch Company for legal
services and inspection of the works by the Ditch Company's Presi-
dent engineers and/or superintendent.
S. The construction herein contemplated shall be in strict
accordance with the final set of plans with modifications set
forth in Exhibit "A." Any excavations or changes in the present
ditch shall be backfilled, compacted and stabilized to the entire
satisfaction of the Ditch Company. All compaction for dikes
shall be done to ninety-five percent (95%) standard Proctor den-
sity. The dikes shall be in conformance with the plans for con-
struction as furnished. Said work shall further be done under
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the supervision of the superintendent or other designated agents
of the Ditch Company.
6. All construction shall be commenced and completed prior
to April 15, 1987, or after October 1S, 1987 and before April
IS, 1988. These periods are mandatory, except as may be extended
by the President of Ditch Company or other duly authorized repre-
sentative of the Ditch Company, and said construction shall in
no way interrupt, impede or interfere with the flow of irrigation
water, nor shall such construction adversely affect the quality
of the water. All construction shall proceed with due care to
make certain that no contamination of the irrigation water occurs.
7. Upon the completion of the project, the Applicant shall
promptly notify the Ditch Company and City, and the parties shall
jointly inspect the ditch at the place of construction. If there
are any deficiencies in the work of the Applicant or any variations
from the plans set forth in Exhibit "A," the Applicant shall
forthwith remedy the same, in so doing, the Applicant shall meet
all reasonable requirements of the Ditch Company and City for
the protection of the ditch and surrounding property.
8. It is the intent of this Agreement that Applicant shall
exercise due care in the construction of said crossing. Accord-
ingly, it is hereby recognized by and between the parties hereto
that the Ditch Company is in no way responsible for any damages
caused by such construction or structure.
9. The projects shall be without cost to the Ditch Company,
and the Applicant shall hereby indemnify and forever hold the
Ditch Company harmless for liability for damages caused by the
project.
10. The Ditch Company shall have full power to operate,
maintain, alter, enlarge or relocate its ditch as if this Agree-
ment had not been made, and any expenses caused thereby to the
Applicant shall not be chargeable to the Ditch Company.
11. The City agrees that, because of increased maintenance
expenses and difficulties occasioned by the location of the cul-
vert within the ditch right-of-way, it shall conduct such main-
tenance activities to the culvert right-of-way and to the street
directly over the culvert as are necessary to facilitate the
customary carriage of irrigation water in said section of the
ditch.
12. In the event either the Applicant or the Ditch Company
shall be in default in any of their covenants herein, so as to
require the party not in default to retain counsel to attempt
to enforce the covenants by negotiations or otherwise, or to
commence legal or equitable action against the defaulting party,
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the defaulting party agrees to pay all reasonable expenses of
said litigation incurred by the enforcing party, including but
not limited to docket fees, depositions and reasonable attorneys`
fees.
13. Prior to the commencement of construction, Applicant
agrees to record, at its expense, a fully executed copy of this
Agreement with the Clerk and Recorder of Larimer County, Colorado
and furnish such recorded Agreement to the Ditch Company.
THIS AGREEMENT shall extend to and be binding upon the heirs,
successors and assigns of the respective parties hereto.
IN WITNESS IVHEREOF, the parties hereto have caused this
Agreement to be executed the day and year first hereinabove writ-
ten.
ATTEST:
Secretary
UAry Lk) ac,►d r_C
AT
Gene E. Fischer, Secretary
STATE OF COLORADO )
) ss.
COUNTY OF LARIMER )
EVERITT ENTERPRISES, INC., as
General Partner of Everitt
Entervrises Limited Partnership
N
By
NEW MERCER DITCH COMPANY, a Colorado
mutual irrigation company
Lou s F. Swift, Presi ent
The above and fore oing Agreement was acknowledged before
me this 1f7�'- day o ,^i I , 1987, by l 2Id 2. Ho2d?23—
asr S�iele,+1 + and attested to by
I /. ScccAae.+" as r-4isivont Scene_ rr yof Everitt Enter-
-4-
'i-11 Partner of Everitt Enterprises Limited
1p No..
fitness my hand anti official seal.
,,,iy commission exj; %:s:
A L)
S. (fc, I I
c0l
cement was acknowleged before
1987, by Louis F. Swift as
,.'esj 'I d at: f)'by Gene E. Fischer as Secretary of
)itch piny, a Colorado mutual irrigation company.
-z>S MY hand and official seal.-
ly commission expires: _2
(S E A L)
1 ABOVE AGR�
T A )F FORT COLLINS, a mu-
: I
-,Xorporation
By:
Title Title
'7','t,,LORADO Appr wTd/��(. orm:
ss.
Y OF LARIMER s�istan y Attorney
010 above and foregoing Agreement was acknowledged before
'11±- day of A 1987, by
as (J'+\/ and attested to by
/�j k1l C-') i Cc 1< as 0r+v (1'/rrK of The City of Fort Collins,
a municipal corporation.
Witness my hand and official seal.
My commission expires:
(S E A L)
Notary Public
IM,
MEMORANDUM OF UNDERSTANDING BETWEEN
THE CITY OF BOULDER AND THE REGENTS OF
THE UNIVERSITY OF COLORADO
THIS MEMORANDUM OF UNDERSTANDING entered into the 16th day
of December , 1986, by and between THE REGENTS OF THE
UNIVERSITY OF COLORADO (hereinafter referred to as "the
University,") and THE CITY OF BOULDER (hereinafter referred to as
"the City.")
RECITALS
This Memorandum of Understanding sets forth understandings
between the University and the City concerning further �
development of a Research Park as part of the East Campus of the
University of Colorado at Boulder. This Memorandum of
Understanding between the University and the City relates only to
the property within the proposed Research Park. The proposed
Research :Park Project is within the area bounded by Arapahoe
Avenue on the north, Colorado Boulevard on the south, 30th Street
on the west, and Foothills Parkway on the east, except that the
land North of Boulder Creek and the Smiley Court Housing
Development are not part of the Research Park area.
The objectives for the Research Park Project are to enhance
and expand the research facilities of the University for the
benefit of the faculty, students and related entities. The
Research Park Project will provide long-term educational and
economic :benefits to the University and result in significant
economic and social benefits to the City.
The City and the University acknowledge the historical and
positive :relationship between the City and the University. At