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HomeMy WebLinkAboutBELAIR PUD - Filed DA-DEVELOPMENT AGREEMENT - 2003-07-31Villages at Harmony West P.U.D. (To be known as Belair P.U.D.) Amendment Agreement No.1 THIS AGREEMENT, made and entered into this 7 t � day of 19e, by and be, the CITY OF FORT COLLINS, CO RADO, a mun c ai corporation ("City"), and HARMONY VILLAGE JOINT VENTURE, a joint venture, ("Developer"), is an amendment to that certain Development Agreement dated the 31st day of August, 1983, by and between the City and Bob Peterson. By this Agreement, the aforesaid Development Agreement is hereby amended in the following particulars: A. The following replaces paragraph 2.C.(i): 2.C.(i). All storm drainage facilities shalt be completed by the Developer and approved by the City prior to the release of more than 6 building permits. B. The following replaces paragraph 2.D.: 2.D.The City agrees to repay the Developer for oversizing Seneca Street, Regency Street to collector standards and Harmony Road to arterial standards in lieu of local street standards in accordance with the Code of the City of Fort Collins, Article 99-6.F. The redesign of Harmony Road shall be completed by the developer and approved by the City by June 30, 1985. This redesign can be included as part of the oversizing costs to which the developer may be entitled. The developer may be entitled to reimbursement for construction of portions of Harmony Road, Seneca Street, Wakerobin Lane and Regency Street in accordance with the Code Of the City of Fort Collins, Article 99-6.B.(6). Prior to the release of the building permit for lot 19, the developer agrees to pay the City 150% of the costs for the removal of the interim roadway and construction of the final design of Hilburn Drive to the west end of this property. Prior to the release of the building permit for lot 2, the developer agrees to pay the City 150% of the costs for the construction of Seneca Street from the temporary turn -around to the west end of this property. C. The following replaces paragraph 3 of Exhibit "A".: 3. Schedule of street improvements to be installed out of sequence. The construction of Harmony Road, including any Code required offsite street improvements shall be completed by the developer and approved by the City prior to the release of the building permits for lots 2 through 4 inclusive and 7 through 13 inclusive. IN WITNESS WHEREOF, the parties hereto have set their hands the day and year first written. CITY OF FORT COLLINS a municipal corporation By�- City Manager ATTEST: City Clerk APPRO 'E-D-: ty Attorney City Engineer HARMONY VILLAGE JOINT VENTURE, comprised of: HARMONY VILLAGE ONE, a California limited partnership, joint venturer /Xam�'b c ' By: �a t Martin C. Emo, Generai Partner By: ' Mi haelEmc , Generai Partner ` BY: Cam, T heodo, akey, eneral rtner HARMONY VILLAGE TWO, cT California limited partnership, joint venturer �t Martin C. Emo, GeneC�il Partner 92 Michael Ej , General "P-a-rtner Theodore Oakey, General a,tner -2- HARMONY VILLAGE THREE, a California limited partnership, joint venturer By: 1 li-t .G? Martlih C Em G o, General Partner By: - - Michael Emo, eneral artner By : z6l� heo ore Oakey, Genera rtner -3- RC-Y,'c4 r, '05010836 J /d5 10:17:2J # OF PA - 1 FEE - $3.60 J . ULVAIIV, RLCOkDLR - LARiME? 20UNTY, C-C. DO::. FEF- $.00 NOTICE Please take notice that on March 25, 1985, the Planning and Zoning Board of the City of Fort Collins, Colorado, approved the Final Plan of the planned unit development known as Belair P.U.O., which development was submitted and processed in accordance with Section 118-83 of the Code of the City of Fort Collins. The Final Plan of the subject property together with the Development Agreement dated March 18, 1985 between the City of Fort Collins and the developer, out of which documents accrue certain rights and obligations of the developer and/or subsequent owners of the subject property, are on file in the office of the Clerk of the City of Fort Collins. The subject property is more particularly described as follows: Bel air P.U.11. being a replat of "Villages at Harmony West P.U.O. First Filing located in the Southeast Quarter of Section 34, Township 7 North, Range 69 West of the Sixth P.M. to the City of Fort Collins, County of Larimer, State of Colorado. Offsite easements required for utilities to serve this planned unit development are recorded with the Larimer County Clerk and Recorder. OAP t ty e to Secretar Planning and wing Board City of Collins Dated: