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HomeMy WebLinkAboutSTORYBOOK PDP - Filed DA-DEVELOPMENT AGREEMENT - 2004-02-27STORYBOOK AMENDMENT AGREEMENT NO. 1 THIS AMENDMENT AGREEMENT, made and entered into this N day of of 2000, by and between the CITY OF FORT COLLINS, COLORADO, a municipal corporation, ("City"), and the R..E.L.M. of Fort Collins, LLC, a Colorado Limited Liability Company ("Developer"), is an amendment to that certain Development Agreement dated August 5, 1999 by and between the City and the Developer, hereinafter referred to as the "Development Agreement." WHEREAS, the City and the Developer previously executed the Development Agreement; and WHEREAS, the parties presently desire to modify the Development Agreement: NOW, THEREFORE, in consideration of the promises of the parties hereto and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree to amend the terms and conditions of the Development Agreement as follows: A. Subheading II (,Special Conditions) Paragraph CA shall be replaced with the following paragraph to read as follows: 1. All on -site and off -site storm drainage improvements, as shown on the approved final development plan documents, shall be completed by the Developer in accordance with said final development plan documents prior to the issuance of more than 38 building permits in Phase 1 of this development. Completion of the improvements shall include the certification by a professional engineer licensed in Colorado that the drainage facilities including all off -site drainage improvements that serve this development have been constructed in conformance with said final development plan documents. Said certification shall be submitted to the City at least two weeks prior to the date of issuance of more than 38 building permits in Phase I of this development. B. All other terms and conditions of the Development Agreement shall remain unchanged and in full force and effect, except as expressly amended in this Amendment Agreement No. I. IN WITNESS WHEREOF, the parties hereto have set their hands the day and year first above written. THE CITY OF FORT COLLINS, COLORADO, a Municipal Corporation By: City M&Aager ATTEST: CITY CLERK APPROVED AS TO ONTENT: L �cu City Engineer APPROU AS TO FORM: /IZ4 Deputy City ttorney DEVELOPER: R.E.L.M. of Fort Collins, LLC, a Colorado Limited Liabilit mpany By ary ackev, Managing Partner ATTEST: '1 P By: . Vicky Macay, Secret