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HomeMy WebLinkAboutPINEVIEW PUD PHASE I - Filed OA-OTHER AGREEMENTS - 2004-01-22AGREEMENT '` THIS AGREEMENT is made and entered into this 7-C"day of July, 1985 by and between PLATT PROPERTIES, a Colorado general partnership, hereinafter referred to as "Owner" and the CITY OF FORT COLLINS, COLORADO, a municipal corporation, hereinafter referred to as "the City". WHEREAS Platt Properties, a Colorado general partnership is the lawful owner of a certain tract of land more particularly described in Exhibit "A" attached hereto and incorporated herein by reference; and WHEREAS said property is the subject of a certain development agreement dated August 31, 1983 by and between the City of Fort Collins, Colorado, a municipal corporation and Bob Peterson, attached hereto and incorporated herein by reference as Exhibit "B"; and WHEREAS Owner is the lawful assignee of said development agreement by means of a certain Affidavit and Waiver of Claims executed by Bob Peterson on July 13, 1985, a copy of which is attached hereto and incorporated herein by reference as Exhibit "C"; and WHEREAS Owner is now desirous of entering into an agreement in full accord and satisfaction of all of its rights pursuant to said development agreement with the City of Fort Collins, Colorado, and to waive all other rights otherwise arising pursuant to the development agreement in consideration of the payments hereinbelow set forth; NOW THEREFORE the parties agree as follows: 1. The Owner agrees to accept the sum of 0)p?g,—IiIITDRED— T ,'!77v—r'OIIR TF' UOA2 D . i.. T IDID `IT ?ETY SEVFU AND ST;j 777,1T * FOUR CENTS ($ ? 24 ) in full satisfaction of all rights, claims, a 3 demands pursuant to the development agreement affecting the subject property referenced above and described more specifically in the exhibits hereto. 2. The Owner hereby waives all other rights to reimbursement pursuant to development agreement in consideration of the payment of the above referenced sum. 3. The Owner agrees to indemnify and hold harmless the City of Fort Collins, Colorado, a municipal corporation from any further claims that may be made pursuant to said development agreement whether by the Owner, its agents, executors and assigns, or others. Owner shall have the right to defend any such claim made. 4. Acceptance of these terms and conditions does not release this or future developers from completing the drainage facilities as shown on the approved plans on file with the City of Fort Collins, Colorado. Rights to reimbursement are waived. 5. It is expressly agreed and understood by the parties hereto that Platt Properties, a Colorado general partnership has entered into this agreement with the City of Fort Collins, Colorado, a municipal corporation, pursuant to its ownership rights in the subject property referenced above and those rights affecting such property pursuant to the development agreement referenced above. However, neither Platt Properties, a Colorado aleneral partnership nor any of its heirs, executors, assigns, agents, employees or representatives have made any warranties or representations as to ownership of any property, or rights to reimbursement pursuant to any other development agreements affecting certain other real property situate in the County of Larimer, State of Colorado and legally described as follows to -wit: c agreed that the City will not be responsible for finan- cial participation in the construction of Pond #1 or the relocation of the Pleasant Valley and Lake Canal until development within the upper basin as defined on Exhibit "X" has been substantially completed. (For the purposes of this paragraph, substantial completion of the upper basin shall mean that the upper basin shall be at least sixty percent (60%) fully developed and con- structed.) The cost of construction shall include only engineering design costs and actual construction costs. In the event that the Developer elects to relocate the Pleasant Valley and Lake Canal and/or construct Pond #,1 prior to the substantial development of the upper basin, such construction and relocation shall be accomplished solely at the expense of the Developer and the City shall have no obligation to participate in such construction nor to pay any carrying charges on the costs of such construction or relocation, provided, however, that the City shall, upon the Developer's written request, credit the City verified and approved cost of such relocation and construction against the basin fees for the Villages at Harmony. West. Further, as other development occurs within the upper basin as defined on Exhibit "X", the City will remit any basin fees collected in connection with such development to the Developer as partial payment of the costs of said relocation and construction until such time as said costs are fully repaid. Notwith- standing the foregoing, when the upper basin is substan- tially developed (60% fully developed and constructed) the balance of the repayment will be made by the City as provided by Code. It is further understood and agreed that if the applicable basin account of the Storm Drain- age Fund contains insufficient funds to make payment of the total amount due from the City to the Developer, the City shall pay such amount as is available and the City staff shall recommend to the City Council that appropri- ation be made in the following year's Budget to pay the balance plus interest at the rate of eight percent (8%) per annum. The aforesaid interest (if approved by the City Council) shall commence, with regard to the cost of engineering design and for the costs of construction, at the time the improvements are completed and accepted by the City. The only costs to be reimbursed by the City are the costs of the easement acquisition, engineering design and actual construction, and the City shall not be responsible for the payment of any costs other than those indicated above. t In the event that the Developer should construct any temporary detention in order to provide storm drainage protection, the City shall not be obliged to make repay- ment for the costs of construction of any such temporary detention, or other temporary storm drainage facilities, except to the extent that such detention or other facili- ties shall function to reduce the cost of construction of the final improvements as defined in paragraph (ii) of this section. In the event that such detention or other facilities shall be determined by the City to reduce the cost of said final improvements, repayment for such temporary facilities shall be made upon the same basis as is outlined in paragraph (ii) of this section. (iv) With regard to the easement acquisition costs in connec- tion with Pond #1 and the relocation of the Pleasant Val ey and Lake Canal , i t i s agreed that the Ci ty wi 11 acquire from the Developer said easements for the stipu- lated price of Thirteen Thousand Two Hundred Dollars per Acre ($13,200.00/acre) with payment to be made to the Developer when sufficient funds are available in the basin account. In the event that sufficient funds are not available during 1983, the City staff shall recommend to the City Council that appropriation be made for the land acquisition costs (including interest) in the 1984 budget. In the event that the Council shall make appropriation in the 1984 budget, prompt payment shall be made when such funds are budgeted and appropri- ated in which event interest (if approved by the City Council) shall accrue at the rate of ten percent (100) per annum commencing at the time of filing of the final plats and continuing thereafter until payment is made. (v) Upon completion of the various storm drainage improve- ments which are the subject of this section, and accep- tance thereof by the City, the Developer shall convey, by deed of dedication, such land as is necessary for the location, maintenance and repair of the said ponds and other related improvements. Notwithstanding the fore- going, the Developer shall continue to be responsible for the maintenance of all plantings located upon the dedicated property and will irrigate, mow, trim or otherwise maintain all green areas within the boundaries of the said dedicated property. -7- D. Streets (oversizing, traffic lights, signs, etc.). The City agrees to repay the Developer for oversizing Seneca 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 City agrees to repay the Developer for oversizing Regency Drive to collector standards in lieu of local street standards in accordance with the Code of the City of Fort Collins Article 99-6 F, except for any costs pertaining to the median. The Developer may be entitled to reimbursement for the construc- tion of Harmony Road in accordance with the Code of the City of Fort Collins Article 99-6 B(6). The Developer agrees to submit final plans for Harmony Road and Shields Street no later than September 15, 1983. 3. Miscellaneous. A. The Developer agrees to provide and install, at his expense, adequate barricades, warning signs and similar safety devices at all construction sites within the public right-of-way and/or other areas as deemed necessary by the City Engi- neer in accordance with the City's "Work Area Traffic Control Handbook" and shall not remove said safety devices until the construction has been approved by the director. B. The Developer shall, at all times, keep the public right-of- way free from accumulation of waste material or rubbish caused by his operation, shall remove such rubbish no less than weekly and, at the completion of the work, shall remove all such waste materials, rubbish, tools, construction equipment, machinery, and surplus materials from the public right-of-way. He further agrees to maintain the finished street surfaces free from dirt caused by his operation. Any excessive ac- cumulation of dirt and/or construction materials shall be considered sufficient cause for the City to withhold building permits and/or certificates of occupancy until corrected to in the satisfaction of the City Engineer. If the Developer fails -to adequately clean such streets within two (2) days after receipt of written notice, the City may have the streets cleaned at his expense and he shall be responsible for prompt payment of all such costs. C. the Developer hereby insures that his subcontractors shall cooperate with the City's construction inspectors by ceasing operations when winds are of sufficient velocity to create blowing dust which, in the inspector's opinion, is hazardous to the public health and welfare. D. When the inspector determines that erosion (either by wind or water) is likely to be a problem, the surface area of erodable earth material exposed at any one time shall not exceed 200,000 square feet for earthworks operations. Temporary or permanent erosion control shall be incorporated into the subdivision at the earliest practicable time. By way of explanation and without limitation, said control may consist of seeding of approved grasses, temporary dikes, gabions, and/or other devices. E. The Developer shall, pursuant to the terms of this agreement, complete all improvements and perform all other obligations required herein, as such improvements or obligations may be shown on the original plat, or on -any replat subsequently filed by the Developer, and the City may withhold such buil- ding permits and certificates of occupancy as it deems neces- sary to ensure performance hereof. c F. This Agreement shall be binding upon the parties hereto, their successors, grantees, heirs, personal representatives, and assigns and shall be deemed to run with the real property above described. G. Nothing herein contained shall be construed as a waiver of any requirements of the City Code, and the Developer agrees to comply with all requirements of the same. ATTEST: APPROVED: it r o Public W s City Attorney THE CITY OF FORT COLLINS, COLORADO A Municipal Corporation r City, tManaggr,`°_FI.L�I UTY CITY W.!. AGER Owner ToY Peterson -10- l Cvuty TT "A" 1. Schedule of water lines to be installed out of sequence. Not Applicable. 2. Schedule of sanitary sewer lines to be installed out of sequence. Not Applicable. 3. Schedule of street improvements to be installed out of sequence. The construction of Harmony Road, including any Code required off - site improvements will be constructed prior to July 1, 1985. 4. Storm drainage improvements to be installed out of sequence. See paragraph 2.C. ( EXHIBIT "X" 71 -- % Boaz •y _ i • . • • . I • i40 r5 croo k?,• Ro d % • ' ❑ 63 • • I ❑ I • . d3�2 • I Ir • .•L1 49 ' ' 83 48 c% 47 . 20.7 44 gR590.3 r 9 wd L=_----_-__-- soq- _ 79 52.6 46 �45 p� �I, 6a�n 1-1YJo. 17.9 btD 4 — �f > K70 Yh� "I v��Laees��/ Oj.,, ��,i HAR ,�N HIESD �. 721 A-107 26 T2frT10f1y 27 \ I ❑ 74 20a 19 71 13.9 E�22.2 87 30 UPPER BASIN AFFIDAVIT AND WAIVER OF CLAIMS The undersigned, Bob Peterson, first being duly sworn upon his oath, does hereby swear, state and affirm as follows: 1. WHEREAS, A certain Development Agreement dated August 31, 1983,.by and between the City of Fort Collins, Colorado, a Municipal Corporation, and Bob Peterson, was executed relating to the development of certain property situate in the County of Larimer, State of Colorado and legally described as follows, to -wit: The Villages at Harmony West, P.U.D., First Filing, located in the Southwest quarter of Section 34, Township 7 North, Range 69 West of the 6th P.M., City of Fort Collins, County of Larimer, State of Colorado. A copy of said Development Agreement is attached hereto and incorporated herein by this reference as Exhibit "A"; and, 2. WHEREAS, Said Development Agreement relates to the rights of the developer to reimbursements for costs of construction and land costs incurred in connection with the development of a certain detention pond, therein described as Pond No. 1; and, 3. WHEREAS, Bob Peterson has been requested to provide to the City of Fort Collins this Affidavit and Waiver of Claims in order to enable the current legal owner, Platt Properties, a Colorado General Partnership, to transfer all right, title and interest in and to said detention pond to the City of Fort Collins, a Municipal Corporation, and to obtain the appropriate reimbursements as set forth in said Development Agreement. NOW THEREFORE: 1. Bob Peterson hereby states and affirms that he does waive all right, title, and interest, including all claims or demands now had or as said claims or demands may be made in the future in and to said Development Agreement attached hereto and incorporated herein as Exhibit "A". 2. Bob Peterson does hereby assign, convey, transfer, and does otherwise grant unto Platt Properties, a Colorado General Partnership, all right, title, and interest in and to said Development Agreement, the lands set forth and described therein, and all rights for reimbursement as provided for in said Development Agreement. EXf14i�l i L. 3. Bob Peterson does hereby acknowledge and agree to hold the City of Fort Collins, a Municipal Corporation, harmless from any liability arising from the payment of land acquisition costs, and reimbursement for construction and related costs as set forth in said Development Agreement in all manner, including but not limited to as such costs and payments are defined in connection with Pond No. 1 in said Development Agreement to Platt Properties, a Colorado General Partnership. Dated this 13 day of July, 1985. Bob Peterson' STATE OF Colorado ) )ss. County of 212,a ' ) The foregoing was subscribed and sworn to before me, a notary public, this 3E{ day of _, 1985, by Bob Peterson. Witness my hand and official seal. No ary Public My Commission Expires: a�,u DEVELOPMENT AGREEMENT THIS AGREEMENT, made and entered into this 23 ,ev _day of A.D. 198,?, by and between THE CITY OF FORT COLLINS, COLORADO, a Municipal Corporation, hereinafter referred to as "the City," and BOB PETERSON, Owner, hereinafter referred to as "the Developer," WITNESSETH: WHEREAS, the Developer is the owner of certain property situate in the County of Larimer, State of Colorado, and legally described as follows, to -wit: Pineview P.U.D., Phase 1, located in the S.E. Quarter of Section 34, Township 7 North, Range 69 West of the 6th Principal Meridian, City of Fort Collins, County of Larimer, State of Colorado. WHEREAS, the Developer desires to develop said property and has submitted to the City a subdivision plat and/or a site plan, a copy of which is on file in the Office of the City Engineer and made a part hereof by reference; and WHEREAS, the 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 made a part hereof by reference; and WHEREAS, 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 PINEVIEW P.U.D., Phase I, Located in the Southeast Quarter of Section 34, Township 7 North, Range 69 West of the 6th P.M. City of Fort Collins, County of Larimer State of Colorado. 6. No provisions of this agreement should be construed as to have any effect upon that certain development agreement dated June 23, 1983 by and between the City of Fort Collins, Colorado, a municipal corporation, and Bob Peterson regarding Pineview P.U.D., Phase I, more specifically described above. 7. The parties agree that this document contains the full and complete expression of the understanding between one another and all other covenants, promises, or agreements shall be hereby merged into this document, which may only be modified in writing. This agreement shall inure to the benefit of the parties hereto and their heirs, successors, representatives ande assigns; and shall be deemed to run with the land. PLATT PROPERTIES a Colorado eneral Partnership by:� o/ CITY OF FORT COLLINS, COLORADO ATTEST: y Clerk by: y manager APPROVED FOR F /�(; . �'S ore senrney for`Platt Properties, lorado general partnership 1405 S. College Avenue Fort Collins, CO 80524 W. Paul Eckman Assistant City Attorney improvements primarily of benefit to the lands to be developed and not to the City of Fort Collins as a whole; and WHEREAS, the City has approved the subdivision plat and/or site plan submitted by the Developer subject to certain requirements and conditions which involve the installation of and construction of utilities and other municipal improvements in connection with said lands. NOW, THEREFORE, in consideration of the premises and the terms and conditions acknowledged by the parties hereto, it is agreed as follows: 1. General Conditions. A. All water lines, sanitary sewer collection lines, storm sewer lines and facilities, streets, curbs, gutters, side- walks, and bikepaths shall be installed as shown on the approved utility plans and in full compliance with the Council approved standard specifications of the City on file in the Office of the City Engineer at the time of approval of the utility plans relating to the specific utility, subject to any time limitations as provided by Ordinance. B. No building permit for the construction of any structure within the development shall be issued by the City until the water lines, fire hydrants, sanitary sewer and streets (with at least the base course completed) serving such struc- ture have been completed and accepted by the City. No build- ing permits shall be issued for any structure located in excess of six hundred sixty feet (660') from a single point of access. -2- C. Any water lines, sanitary sewer lines, storm drainage lines, and/or streets described on Exhibit "A", attached hereto, shall be installed within the time and/or sequence required on Exhibit "A". If the City Engineer determines that any water lines, sanitary sewer lines, storm sewer facilities and/or streets shown on the utility plans are required to provide service or access to other areas of the City, those utilities shall be installed within the time determined by the City Engineer as referred to under "Special Conditions" in this document. D. Except as otherwise herein specifically agreed, the Developer agrees to install and pay for all water, sanitary sewer and storm sewer facilities and appurtenances, and all streets, curbing, gutter, sidewalks, bikeways and other municipal facilities necessary to serve the lands within the develop- ment. E. Street improvements (except curbing, gutter and walks) shall not be installed until all utility lines to be placed therein have been completely installed, including all indivi- dual lot service lines leading in and from the main to the property line. F. The installation of all utilities shown on the utility draw- ings shall be inspected by the Engineering Division of the City and shall be subject to such department's approval. -3- The Developer agrees to correct any deficiencies in such installations in order to meet the requirements of the plans and/or specifications applicable to such installation. In case of conflict, the utility drawings shall supercede the standard specifications. G. All storm sewer facilities shall be so designed and con- structed as to protect the downstream properties and to adequately serve the property to be developed (and other lands as may be required, if any). The developer hereby agrees to indemnify and hold the City harmless from any and all claims that might arise, directly or indirectly, as a result of the discharge of storm drainage or seepage waters from the devel- opment in a manner or quantity different from that which was historically discharged. H. The Developer shall pay storm drainage basin fees in accor- dance with Chapter 93 of the City Code. Storm drainage improvements eligible for credit or City repayment under provisions of Chapter 93 are described together with the estimated cost of the improvements on the attached Exhibit "B", which improvements shall include right of way, design and construction costs. The basin fee payable by the Developer shall be reduced by the estimated cost of said eligible improvements. Upon completion of such eligible improvements, the amount of such reduction shall be adjusted to reflect the actual cost. If the cost of the eligible improvements con- -4- structed by the Developer and described in the above mentioned exhibit exceeds the amount of the storm drainage fees payable for the development, the City shall reimburse the excess cost out. of the Storm Drainage fund upon completion of the improve- ments and approval of the construction by the City. I. The Developer shall provide the City Engineer with certified Record Utility Drawing Transparencies on Black Image Diazo Reverse Mylars upon completion of any phase of the construc- tion. 2. Saecial Conditions. A. Water lines. The City agrees to repay the Developer for oversizing the off -site twelve (12) inch water main in Wakerobin Lane in lieu of the standard eight (8) inch water main in accordance with the Code of the City of Fort Collins Article 112-41. This repay is for materials only. B. Sanitary sewer. The City agrees to repay the Developer for oversizing the sewer main in Wakerobin Lane from the standard eight (8) inch to a twelve (12) inch line in accordance to the Code of the City of Fort Collins Article 112-74. This repay is for materials only. C. Storm drainage. A maximum of sixteen (16) Building Permits and 8 Certificates of Occupancy will be released prior to the required completion (�Y 7M DPVAAK and approval by the City of all storm drainage facilities. -5- D. Streets (oversizing, traffic lights, signs, etc.). (1) The City agrees to repay the Developer for oversizing Shields Street to arterial standards in lieu of local street standards in accordance with the Code of the City of Fort Collins Article 99-6 (F). (2) The Developer may be entitled to reimbursement for the construction of Harmony Road in accordance to the Code of the City of Fort Collins Article 99-6.B.(6). E. The Developer shall construct, sign and maintain a twenty-four (24) foot wide all weather emergency access lane. 3. Miscellaneous. A. The Developer agrees to provide and install, at his expense, adequate barricades, warning signs and similar safety devices at all construction sites within the public right-of-way and/or other areas as deemed necessary by the City Engi- neer in accordance with the City's "Work Area Traffic Control Handbook" and shall not remove said safety devices until the construction has been approved by the director. B. The Developer shall, at all times, keep the public right-of- way free from accumulation of waste material or rubbish caused by his operation, shall remove such rubbish no less than weekly and, at the completion of the work, shall remove all such waste materials, rubbish, tools, construction equipment, machinery, and surplus materials from the public right-of-way. He further agrees to maintain the finished street surfaces free from dirt caused by his operation. Any excessive ac- cumulation or dirt and/or construction materials shall be considered sufficient cause for the City to withhold building IM permits and/or certificates of occupancy until corrected to the satisfaction of the City Engineer. If the Developer fails to adequately clean such streets within two (2) days after receipt of written notice, the City may have the streets cleaned at his expense and he shall be responsible for prompt payment of all such costs. C. The Developer hereby insures that his subcontractors shall cooperate with the City's construction inspectors by ceasing operations when winds are of sufficient velocity to create blowing dust which, in the inspector's opinion, is hazardous to the public health and welfare. D. When the inspector determines that erosion (either by wind or water) is likely to be a problem, the surface area of erodable earth material exposed at any one time shall not exceed 200,000 square feet for earthworks operations. Temporary or permanent erosion control shall be incorporated into the subdivision at the earliest practicable time. By way of explanation and without limitation, said control may consist of seeding of approved grasses, temporary dikes, gabions, and/or other devices. E. The Developer shall, pursuant to the terms of this agreement, complete all improvements and perform all other obligations required herein, as such improvements or obligations may be shown on the original plat, or on any replat subsequently filed by the Developer, and the City may withhold such buil- -7- ding permits and certificates of occupancy as it deems neces- sary to ensure performance hereof. F. This Agreement shall be binding upon the parties hereto, their successors, grantees, heirs, personal representatives, and assigns and shall be deemed to run with the real property above described. G. Nothing herein contained shall be construed as a waiver of any requirements of the City Code, and the Developer agrees to comply with all requirements of the same. ATTE--S--T : C iC i trTc��� APPROVED: THE CITY OF FORT COLLINS, COLORADO A Municipal Corporation J --', By:, Jf1,.:.j'", /7 (! f Mt , Manager iAN'US K_ P41?iTL OWNER Bob Peterson FYWTRTT "A" 1. Schedule of water lines to be installed out of sequence. Not Applicable. 2. Schedule of sanitary sewer lines to be installed out of sequence. Not Applicable. 3. Schedule of street improvements to be installed out of sequence. Design of Harmony Road and the pavement cross section for Shields Street shall be submitted by July 5, 1983. Construction of Harmony Road shall be completed prior to July 1, 1985. 4. Storm drainage improvements to be installed out of sequence. See paragraph 2.B. EXHIBIT "B" The Development Agreement for Pineview P.U.D. Phase I. This exhibit does not apply to this Development. COST ESTIMATE FOR MAJOR DRAINAGE IMPROVEMENTS Include only those major storm drainage basin improvements required by an adopted basin master plan. ITEM DESCRIPTION ^ QUANTITY UNIT COST TOTAL COST 1. Storm sewer, manholes, end sections, etc. 2 Sub -Total Channel excavation, detention pond excavation and riprap Sub -Total L.f. /L.f. $ L.f. /L.f. $ Ea. Ea. $ Ea. Ea. $ a C.Y. $ /C.Y. $ C.Y. $ /C.Y. $ C.Y. $ /C.Y. $ a EXHIBIT B - Page 2 ITEM DESCRIPTION QUANTITY 3. Right-of-way & easement acquisition (a) S.F. $ (b) Ac. $ Sub -Total 4. Professional Design (a) 5. Other UNIT COST TOTAL COST Lump Sum $ a Total estimated cost of Storm Drainage improvements eligible for credit or City repayment Prepared by: Title: Address: STATE OF COLORADO ) ) ss. County of Larimer ) T e foregoing was acknowledged to before me thisl day of -AZ 1985 by Craig Platt. Witness my hand and official seal. Notary Public / My Commission Expires: STATE OF COLORADO ) ss. County of Larimer ) The foregoing was acknowledged to before me this day of , 1985 by , City Manager. Witness my hand and official seal. Notary Public My Commission Expires: STATE OF COLORADO ss. County of Larimer ) The foregoing was acknowledged to before me this day of , 1985 by , City CTerk. Witness my hand and official seal. Notary Public My Commission Expires: A tract of land situate in the Southeast 1 of Section 34, Township 7 North, Range 69 West of the Sixth P.M., Larimer County, Colorado, which considering the East line of said Southeast 1 as bearing S 00000110" W and with all bearings contained herein relative thereto is more particularly described as follows: Beginning at the South 1 corner of said Section 34 and run thence N d9058130" E. 1319.60 feet to the Southeast corner of the West # of the said Southeast 1; thence N 00000130" W. 1020.28 feet along the East line of the West # of the said Southeast 1 to a point 15.00 feet Northerly of the center line of the Pleasant Valley and Lake Canal; thence along a line 15.00 feet Northerly and Westerly of the said center line N 51042,25" E. 95.00 feet, and again N 80029145" E. 187.30 feet and again S. 69128115" E. 219.06 feet, and again N 13056'55" E. 159.30 feet, and again N 34110,251, E. 109.66 feet, and again N 001I1'30" W. 65.5ti feet, and again N. 22042'30" W. 144.02 feet, and again N 02033145" W. 177.22 feet, and again N 04053,35" E. 211.51 feet, and again N 33038' W. 100.58 feet and again N 28021110" W. 145,92 feet, and again N 6802712511 W. 64.19 feet, and again N. 77024110" W. 100.84 feet, and again N 39028150" W. 234.91 feet, and again N 01012'10" W. 61.72 feet, and again N 27025145" E. 92.78 feet, and again N 06022145" E. 145.84 feet, and again N. 1504514011 W. 129.36 feet to a point on the North line of the said Southeast 1, thence N 89054115" W. 1431.74 feet to the center 1 corner of said section 34; thence S 00001105" E. 2660.35 feet to the point of beginning, and being subject to a right of way for West Harmony Road over the South 30.00 feet thereof, EXCEPTING THEREFROM that portion of subject property platted as VILLAGES AT HARMONY WEST P.U.D. FIRST FILING, according to the plat thereof recorded October 21, 1983 in Boo': 2242, Pae 1376, County of Larimer, State of Colorado. r DEVELOPMENT AGREEMENT THIS AGREEMENT, made and entered into this 31 t day of A u u si , A.D. 1983, by and between THE CITY OF FORT COLLINS, COLORADO, a Municipal Corporation, hereinafter referred to as "the City," and BOB PETERSON, owner, hereinafter referred to as "the Developer," WITNESSETH: WHEREAS, the Developer is the owner of certain property situate in the County of Larimer, State of Colorado, and legally described as follows, to -wit: Villages at Harmony West P.U.D., First Filing, located in the Southeast Quarter of Section 34, Township 7 North, Range 69 West of the Sixth P.M., City of Fort Collins, County of Larimer, State of Colorado. WHEREAS, the Developer desires to develop said property and has submitted to the City a subdivision plat and/or a site plan, a copy of which is on file in the Office of the City Engineer and made a part hereof by reference; and WHEREAS, the 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 made a part hereof by reference; and WHEREAS, 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 b �J t improvements primarily of benefit to the lands to be developed and not to the City of Fort Collins as a whole; and WHEREAS, the City has approved the subdivision plat and/or site plan submitted by the Developer subject to certain requirements and conditions which involve the installation of and construction of utilities and other municipal improvements in connection with said lands. NOW, THEREFORE, in consideration of the premises and the terms and conditions acknowledged by the parties hereto, it is agreed as follows: 1. General Conditions. A. All water lines, sanitary sewer collection lines, storm sewer lines and facilities, streets, curbs, gutters, side- walks, and bikepaths shall be installed as shown on the approved utility plans and in full compliance with the Council approved standard specifications of the City on file in the Office of the City Engineer at the time of approval of the utility plans relating to the specific utility, subject to any time limitations as'provided by Ordinance. B. No building permit for the construction of any structure within the development shall be issued by the City until the water lines, fire hydrants, sanitary sewer and streets (with at least the base course completed) serving such struc- ture have been completed and accepted'by the City. No build- ing permits shall be issued for any structure located in excess of six hundred sixty feet (660') from a single point of access. -2- 001, C. Any water lines, sanitary sewer lines, storm drainage lines, and/or streets described on Exhibit "A", attached hereto, shall be installed within the time and/or sequence required on Exhibit "A". If the City Engineer determines that any water lines, sanitary sewer lines, storm sewer facilities and/or streets shown on the utility plans are required to provide service or access to other areas of the City, those utilities shall be installed within the time determined by the City Engineer as referred to under "Special Conditions" in this document. D. Except as otherwise herein specifically agreed, the Developer agrees to install and pay for all water, sanitary sewer and storm sewer facilities and appurtenances, and all streets, curbing, gutter, sidewalks, bikeways and other municipal facilities necessary to serve the lands within the develop- ment. E. Street improvements (except curbing, gutter and walks) shall not be installed until all utility lines to be placed therein have been completely installed, including all indivi- dual lot service lines leading in and from the main to the property line. F. The installation of all utilities shown on the utility draw- ings shall be inspected by the Engineering Division of the City and shall be subject to such department's approval. -3- c The Developer agrees to correct any deficiencies in such installations in order to meet the requirements of the plans and/or specifications applicable to such installation. In case of conflict, the utility drawings shall supercede the standard specifications. G. All storm sewer facilities shall be so designed and con- structed as to protect the downstream properties and to adequately serve the property to be developed (and other lands as may be required, if any). The developer hereby agrees to indemnify and hold the City harmless from any and all claims that might arise, directly or indirectly, as a result of the discharge of storm drainage or seepage waters from the devel- opment in a manner or quantity different from that which was historically discharged. H. The Developer shall pay storm drainage basin fees in accor- dance with Chapter 93 of the City Code. Storm drainage improvements will be installed in accordance with the provi- sions of Section 2.B. of this agreement. Storm drainage improvements eligible for credit or City repayment under provisions of Chapter 93 are described together with the preliminary estimated cost of the improvements on the attached Exhibit "B", which improvements shall include land acquisi- tion, design and construction costs. The basin fee payable by the Developer shall be reduced by the estimated cost of said -4- C eligible improvements. Upon completion of such eligible improvements, the amount of such reduction shall be adjusted to reflect the actual cost. I. The Developer shall provide the City Engineer with certified Record Utility Drawing Transparencies on Black Image Diazo Reverse Mylars upon completion of any phase of the construc- tion. 2. Special Conditions. A. Water lines (oversizing, payback, etc.). The City agrees to repay the Developer for oversizing the water lines (materials only) in Seneca Street and Regency Drive to 12" from 8" in accordance with the Code of the City of Fort Collins Article 11241.A. B. Sanitary sewer (oversizing, payback, etc.). The Developer agrees to pay the City the Warren Lake Trunk Sewer Basin Fee at the rate of $178.00 per acre, due upon request for first building permit. C. Storm drainage lines and appurtenances (detention pond con- struction, off -site mains, etc.). (i) Storm drainage facilities shall be constructed by the Developer and approved by the City Engineer prior to the release of twenty (20) building permits and ten (10) Certificates of Occupancy. (ii) The utility plans call for the construction of Pond #1 and for the relocation of the Pleasant Valley and Lake Canal, which construction and relocation is for the purpose of providing storm drainage protection for Phases I and II of Pineview PUD against storm drainage flows from that development presently known as the Villages of Harmony West and other developments which may later be completed within the 195 acre upper basin as shown on the map attached hereto as Exhibit "X". It is understood and -5-