HomeMy WebLinkAboutCAMILLE SECOND - Filed DA-DEVELOPMENT AGREEMENT - 2003-07-31AGREEMENT
THIS AGREEMENT is made and entered into this �.3rd day of S.
A.D. 1976 , by and between THE CITY OF FORT COLLINS, COLORADO, a municipal
corporation, hereinafter sometimes designated as the "City", and
Robert Hallett hereinafter designated as the "Developer",
WITNESSETH:
WEEEREAS, Developer is the owner of:
the Camille Subdivision, Second Filing situate in the SE 1/4 of Section
16, T7N, R69W oJ- the 6th P.M., County of Larimer, State of Colorado,
more particularly described on the subdivision plat on file in the City Engineer's
Office and by this reference made a part hereof; and
wEEEREAS, Developer desires to develop said property as a residential
subdivision and has sulunitted to the City a utility plan for said lands, a copy
of which is on _=ile in the City Engineer's Office and by this reference made a
part hereof; and
miEREAS, the parties hereto have agreed that the development of said
lands will require increased municipal services from the City in order to
serve such area and will further require the installation of certain improvements
primarily of benefit to the lands to be developed and not to the City of Fort
Collins as a whole; and
NOW, '111EREFORE, in consideration of the premises and the terms and conditions
herein stated and for other valuable consideration, the adequacy of which is
acknowledged by the parties hereto, it is agreed as follows:
1. Except as otherwise herein specifically agreed, the Developer agrees
to install and pay for all utility lines, storm drainage facilities, streets
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and other municipal facilities necessary to serve the lands described on the
subdivision plat.
2. Electric Lines and Facilities. The City Light and Power Department
shall install all electric distribution lines and facilities required for the
subject property and the Developer shall pay for such work in accordance
with the established charges of the Light and Power Department. Such install-
ation shall include all street lights required for the development.
3. Drainage Facilities. Developer agrees to control storm water
runoff and drainage in such a fashion so as to assure that the health, safety,
welfare, and property of the City and citizens is safeguarded and protected.
4. Streets.
a. The Developer agrees to install all streets shown on the utility
plan, complete with asphalt paving, curb, gutter and sidewalks.
b. Such streets shall be installed in full compliance with the standard
specifications of the City on file in the office of the City Engineer relating
to the installation of such lines.
c. Developer agrees to complete the installation of street improve-
ments on West Lake Street no later than within one year of the day and
year first herein above written.
d. The Developer further agrees to repair all streets damaged
during construction or open -cut to install utility service lines to the property.
e. The installation and repair of all streets shall be inspected
by the Engineering Services Department of the City and subject to such depart-
meant`s approval. Developer agrees to correct any deficiencies in such installation
in order to meet the requirements of the plans and the specifications applicable
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to such installation. In the event the improvements are not completed and
approved within the time set forth above. the City shall have the right
to cause such additional. work to be done as it deems necessary to complete
the installation in a satisfactory manner and the Developer shall be liable
for the cost of such additional work, including all normal charges made
by the City for financing, engineering, publication, legal and miscellaneous
on City Special Street Improvement Districts.
f. Street Improvements shall not be installed until all utility
lines to be placed in the street have been completely installed and all services
to individual lots have been installed from main utility lines to the property
line.
This agreement shall be binding upon the parties hereto, their heirs,
personal representatives and assigns.
IN WITNESS VJIIEREOF, the parties hereto have caused this agreement to be
signed the day and year first hereinabove written-
THE CITY OF FORT COLLINS, COLORADO
ATTEST -
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city
f
Manager
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Director' of Engi-neering Services
j -
n i
De eloper
City Attorney,
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