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HomeMy WebLinkAboutCOLLEGE MOTORS PUD - Filed OA-OTHER AGREEMENTS - 2003-07-31iiQLAiaJIT'I OF AGREE?-i�t�JT i`H:S AGfV E I IT, nade and entered into this / �� day Of <_<_ �_` _ A. D. 19 ' by and betl�:;ecn TriE CITY OF FONT COil�;Li'.S, a tnu i-ci_, a1 CDfP31 ati_on, hereinafter desigr_ated as first party, nd Merei.r.�iu d�sig�.aJ d as second party, T<ITUI SSETH: second party has h;.rC;tD_ ore submi teed a subdivi Sion plat of the su'a. i vlsi_on to be as For approval by the i a: ici-nal Planning and Zonin; Poard and the City Council of the City of Fort Collins, and Z;HFRE^ S., said subdivision plat is acceptable to first party and first party is Plan_ni_ng and Zoning Board, subject to construction of uti�_iti_cs in the area to be subdiw ded, 11011?, `i HE EFC-HE, i-n consideration of the premises and the terms of Vlli s Cure meat, it i s nutual_ly agreed as follo:;s: 1. First party agrees that said subdivision plat shall be, and -the is hereby approved. 2, . _ Tn consideration of the approval of said plat by first I�a"ty, <�.nd firs' partyts P1=.nning and Zoning Board, second party agrees as f o� T oTvTs : (_A) To submit to first party the follcAng detailed pjans, acceptable to the first pasty: (1) A plan of the proposed ,%ater distribution system 1ncTuCiln- uae rJnn: Cting pi.p�-L nes to Vn points of connection to the first (; __'�� ::�st?'( r .,�_t r d._stribut=!_on Syst m P.nd shD;!::s' all Varies 0 (2) P]_a;is and profiles of the proposed sanitary se,-ar . a- d connections to t-, first partyTs vs e (3iI A pJ_an of th prod. �=cd e?_ecLI - di stribuL,i on s, °n 1n,is to n _ first ;'?i' y t l_S f__ �5 elec'Urica.l >> 1. t_. -y- 1 c': i'�_� ��1: _On` ;._ J �CTI and ? nC�.Ud"1ng all S t.�' _� :, ]-";11,5. ()",) P1?ns rid p_''Df11;:S OI all Strt:et 1i:Ji'O"v'cS":eil"I S. of the proposed street drairage �, .? „�1�., �"?" i.'?:] C.•...__`:t1f)i',., '�O tL?e f1r ,t pa.rii� t.`-i SvDril s �:::Ci E.,jStC'.i'1 and including all storm sower inlets and manholes. If a storm sewer outfall is pot aVailable second party agrees to join into a special improve- ment district for the installation of such outfall line upon request therefor by first party and to sign any petition and perform any other act necessary to form such distract. (6) Items A (1) to A (5) inclusive are to be financed by the party of the second part, excepting only Item (3) electrical distribution s�stcm. A11 inaterial rcqui_rod for street lights are to be paid for by the party of the second part to the Light Q Power Department of the City. In the event the City of Fort Collins shall require larger water mains, sanitary sewer mains or storm sewer mains to be constructed within the subdivision th-m would be required by standard engineering practices to serve the subdivision, in order to properly extend these services to other areas, the City of Fort Collins will pay a portion of the cost of such enlarged facility based on proration of the cost of the facility actually constructed and the estimated cost of such facility as shown on the sub - divider's approved plan. Such proration of costs between the City of Fort Collins and the subdivider shall be determined in advance of construction by the City Engineer and in the event of any dispute this matter shall be submitted to the City Council for final determination. IN WITN1SS WHEREOF, first party has caused these presents to be signed by its Myor and its corporate seal to be hereto affixed attest to by its City Clerk, pursuant to motion of the Council of the City of Fort Collins dated the day of 19 and second party has hereto set his hand and seal the day and year first hereinabove written. Al "i LST: City cl r FHE CITY OF FORT COLLINS A Municipal Corporation By 11yor First Party ,"'Slcund Party �2U29 Pr(1 1 8 n Ke:o-A ARA. 19FM 40 0:2 LANDSCAPE COVENANTS FOR k Em LIM P. 59W AMENDMENT TO THE COLLEGE MOTORS P.U.D. WHEREAS, Robert E. and Eleanor D. Creger, and Mack W. and Margaret L. Olsen (hereinafter referred to as "the Declarants"), are the owners of that certain parcel of real property located in the County of Larimer, State of Colorado, legally described on Exhibit "A" attached hereto and incorporated herein by reference, and hereinafter referred to as "the Property"; and WHEREAS, the Declarants desire to provide for the mainten- ance of the landscaping of the Property as described and desig- nated in the Site and Landscape Plan for the Amendment to the College Motors P.U.D. as approved by the City Council of the City of Fort Collins, Colorado (hereinafter referred to as "the Landscape Plan"). To this end, the Declarants desire to subject the Property to the covenants, conditions, restrictions, charges and liens hereinafter set forth. NOW, THEREFORE, the Declarants hereby declare that the Property shall be held, sold, conveyed, transferred, leased, subleased, and occupied subject to the following covenants, conditions and restrictions which shall run with the Property and which are for the purpose of protecting the value and desir- ability of the Property and every portion thereof and shall be binding upon all parties having any right, title or interest in the Property or any portion thereof, their heirs, administrators, successors and. assigns and shall inure to the benefit of the owners thereof. 1. As used herein, the term "Owner" shall mean and refer to the record Owner, whether one (1) or more persons or entities, of the Property but excluding those having such interest merely as security for an obligation. "Owner" shall include the Declarants to the extent that, and only so long as, the Declarants own any portion of the Property. The Owner shall make and install all landscape improvements in accordance with the Landscape Plan. The Owner shall be responsible for the continuous maintenance and care, in a good and husband -like manner (including necessary replacement of dead trees and shrubs), of all landscaping within the Property in accordance with the Landscape Plan. Landscape improvements shall be installed in accordance with the following schedule: All landscaping to be installed within the Frontage Road right-of-way (between South College Avenue and the Frontage Road) and all landscaping to be installed immediately adjacent to and to the West of the Frontage Road right-of-way shall be installed within one (1) year after the completion of construction of the Frontage Road; all landscaping along the West boundary of the Property and all landscaping along the North and East boundaries of the vehicle storage area located in the Northwest corner of the Property as designated on the Landscape Plan shall be installed within one (1) year after the completion of construction of Mason Street, located adjacent to and to the West of the Property; all other landscaping except as herein above described, as described and designated on the Landscape Plan shall be installed within one (1) year after final approval by the City Council of the City of Fort Collins of the Amendment to the College Motors P.U.D. 2. In the event the City of Fort Collins shall determine that the Owner has failed to maintain and care for the land- scaping, within the Property in a good and husband -like manner in accordance with the Landscape Plan, then it shall so notify such Owner, in writing, who shall restore the landscaping in accor- dance with the Landscape Plan. If the Owner shall fail either to restore the landscaping in accordance with the Landscape Plan within thirty (30) days after receipt of such notice, or to commence such restoration within twenty (20) days after receipt of such notice and continue thereafter to use due diligence to complete such restoration, then the City of Fort Collins shall have the right to enter upon the Property and perform the work necessary to restore the landscaping in accordance with the Landscape Plan, and the Owner shall pay or cause to be paid to the City of Fort Collins such reasonable sums as are necessary to reimburse the City of Fort Collins for the labor and material expended by the City in restoring the landscaping in accordance with the Landscape Plan. Said payment shall be made to the City of Fort Collins within thirty (30) days after receipt of a statement for the labor and materials so expended by the City of Fort Collins. 3. In the event it becomes necessary for the City of Fort Collins to restore the landscaping on the Property as herein provided and in the event the Owner fails to reimburse the City of Fort Collins for the costs of labor and materials expended in completing such restoration, then the City of Fort Collins shall have a lien on the Property and upon the recording of notice thereof by the City of Fort Collins, such lien shall be consti- tuted upon the Property. To evidence such lien, the City of Fort Collins shall �orepare a written notice setting forth the amount due and owing -to the City of Fort Collins for improvements made to the landscaping as herein provided, the name of the Owner, and a legal description of the Property. Such notice shall be signed on behalf of the City of Fort Collins and shall be recorded in the Office of the Clerk and Recorder of the County of Larimer, State of Colorado. Such lien shall attach from the date of recording in the Office of the Clerk and Recorder and may be enforced by foreclosure by the City of Fort Collins of that portion of the Property improved, in like manner as mortgages on real property. 4. Any assessment made by the City of Fort Collins pursuant to these covenants against the Owner of the Property for land- scape improvements shall be the personal and individual debt of said Owner at the time the assessment is made. Suit to recover a money judgment for unpaid assessments shall be maintainable by the City of Fort Collins without foreclosing or waiving the lien securing the same. 5. To secure their obligation to install and maintain the landscaping in accordance with the Landscape Plan, the Declarants shall deliver to the City of Fort Collins a Letter of Credit issued by a national bank or other lending institution or similar collateral acceptable to the City of Fort Collins in an aggregate amount equal to one hundred and twenty-five percent (1250) of the estimated cost of the installation and maintenance of the landscaping for a period of two years after installation for each phase of the landscaping as outlined in paragraph one hereinabove. The Letter of Credit for all landscaping to be installed within the Frontage Road right-of-way and immediately adjacent thereto shall be delivered to the City of Fort Collins within 30 days after receipt of notice by the Declarant from the City of Fort Collins that construction of the Frontage Road has been completed. The Letter of Credit for all landscaping along the west boundary of the Property and all landscaping along the north and east boundaries of the vehicle storage area shall be delivered to the City of -2- Fort Collins within 30 days after receipt by the Declarant of notice from the City of the completion of the construction of Mason Street. The Letter of Credit for all other landscaping shall be delivered to the City of Fort Collins at the time of final approval by the City Counsel of the Amendment to the College Motors P.U.D. IN WITNESS WHEREOF, Robert E. Creger, Eleanor D. Creger, Mack W. Olsen, and Margaret L. Olsen have executed these Land- scape Covenants this _�b'day of ERT E . 'Cir2GER D. CREGER MAGIC W. OLSEN STATE OF COLORADO ) ) ss: COUNTY OF LARIMER ) The foregoing Landscape Covenants for the Amendment to the College Motors P.U. were acknowledged before me this 1114-.,I— of day ��� 190, by Robert E. Creger, Eleanor D. Creger, Mack W. Olse , and Margaret L. Olsen. My Commission expires: Vck � a, ` (3� �� `'� '� ✓`� "= Witness my hand and official seal. )/ ry JPfiblic .�• . r EXHIBIT "A" ATTACHED TO AND MADE A PART OF THE LANDSCAPE COVENANTS FOR BOB CREGER'S AUTOMOTIVE PLAZA P.U.D. AMENDMENT REAL PROPERTY DESCRIPTION A Resubdivision of Lebo Subdivision and an unplatted tract of land situate in the Northeast Quarter of Section 35, Township 7 North, Range 69 West of the Sixth Principal Merdian, City of Fort Collins, County of Larimer, Sate of Colorado which, considering the East Line of said Northeast Quarter as bearing South 00129'00" East and with all bearings contained herein in relative thereto, is contained within the boundary lines which begin at a point on the West Line of U.S. Highway 287 which bears North 89049140" West 88.20 Feet, and again South 00005'00" East 30.00 Feet, and again South 45011100" East 70.60 Feet, and again South 00105'00" East 976.90 Feet from the Northeast corner of said Section 35, and run thence North 89055'45" West 400.00 Feet; Thence South 00005'00" East 300.00 Feet; Thence South 89055'45" East 400.00 Feet; Thence North 00105'00" West 300.00 Feet to the point of beginning. County of Larimer, State of Colorado