HomeMy WebLinkAboutGOLDEN MEADOWS THIRD - Filed DA-DEVELOPMENT AGREEMENT - 2003-11-14THIS AGREEMENT is made and entered into this ' -3t V day of
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Y--f\ 06XL , A.D. 1979, by and between THE CITY OF FORT COLLINS,
COLORADO, a municipal corporation, hereinafter sometimes designated as the
"City", and Medema Homes, Inc
hereinafter designated as the "Developer",
WITNESSEPH:
WHEREAS, Developer is the owner of certain property situate in the County
of Larimer and State of Colorado and legally described as follows:
Golden Meadows, Third Filing, located in the S 1/2 of Section 31,
Township 7 North, R 68 W of the 6th Principal Meridian, City of Fort
Collins, County of Larimer, State of Colorado.
WHEREAS, Developer desires to develop said property as a residential
subdivision and has submitted to the City a subdivision plat (and a site plan
if said property is to be developed as a Planned Unit Development), a copy of
which is on file in the Office of the City Engineer and by this reference made
a part hereof; and
MIEREAS, Developer has further submitted to the City a utility plan for
said lands, a copy of which is on file in the Office of the City Engineer and
by this reference made a part hereof; and
T%]EREAS, 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 he developed and not to the City of Fort Collins as
a whole; and
v&EREA.S, the City has approved the subdivision plat (and site plan where
applicable) submitted by the Developer subject to certain requirements and