Loading...
HomeMy WebLinkAboutLAKE SHERWOOD - Filed OA-OTHER AGREEMENTS - 2004-08-13PU40RANDM4 OF AGREE= THIS AGREE'tECIT, made and entered into this 24 day of �4 A. D. 19 7? , by and bewtween THE CITY OF FORT COLLINS, a municipal corporation, hereinafter designated as first party, Whittaker Community Development Corporation, Allan L. Lemley, Vice Pres. and Poudre %aliey Construction Co., Inc., Harold H. Miller, President. Hereinafter designated as second party, WITPTESSETH: WHERF4.S, second party has heretofore submitted a subdivision plat of the subdivision to be known as Lake Sherwood, 3rd Filing For approval by the Tunicipal Planning and Zoning Board and the City Council. of the City of Fort Collins, and WHEREAS, said subdivision plat is acceptable to first party and first partyts Planning and Zoning Board, subject to construction of utilities in the area to be subdivided, Nai, THEREFORE, in consideration of the premises and the terms of this agreement, it is mutually agreed as follows: 1. First party agrees that said subdivision plat shall be, and the same is hereby approved. 2. .In consideration of the approval of sai-d plat by first party, and first partyts Planning and Zoning Board, second party agrees as follows: (A) To submit to first party the following detailed improvement; plans, acceptable to the first party: (1) A plan of the proposed water distribution system including the connecting pipelines to the points of connection to the first partyts existing water distribution system and showing all valves and fire hydrants. (2) Plans and profiles of the proposed sanitary sewer system including all manholes and connections to the first partyts existing sanitary sewer system. (3) A plan of the proposed electrical distribution system including connecting lines to the first partyts existing electrical distribution system and including all street lights. (4) Plans and profiles of all street improvements, (5) Plans and profiles of the proposed street drainage system showing the connections to the first partyts storm sewer system and including all storm seller iniets and manaoies. if a storm sewer outtall line is not avaiiable, second party agrees to Join into a special improve - man: Qistrict fol 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 district. (b) Items A (1) to A (S) inclusive arc to be financed by the party of the second part, excepting only Item 0') electrical distribution system. All material required for street iignts are to be paid for by the party of the second Part to the Light I Power Department of the City. In t"c event the City of Fort Collins shall require larger water mains, sanitary sewer mains or storm sewer rains no be constructed within the subdivision than would be required by standard engineering practices to serve the subdivision, in order to properly extend these services to other areas, tac City or 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 natter shall be submitted to the City Council for final determination. IN 'WITNESS NAEREOF, first party has caused these presents to be siVned by its Mayor 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 r < Collins dated the �� `/ day of �,.,�. A.D., T—� n and second party has hereto set his nand and seal the day and year first hereinabove written. THE CITY OF FORT COLLINS A Municipal Corporation First Party ATTEST: City Clerk Second Party f City Engineer (SEAL') A G 1, L E M E N T Tll1S ACh] i 'Sf:AT, made and catered into this _ - \ ' day of_ I A.U. 19_ by and between THL CITY OF 10RT COLLINS, a municipal corporation, hereinafter dcsignLted as City, andPoudre Valley Construction Company hereinafter designated as Subdivider, WITNESSETA: WIIERE.AS, Subdivider is the owner of the property more particularly described as follows-- _Lak __S a ro4i_ Suu tivisiQa__ _-- and has subdivided or otherwise developed said lands, and WHEREAS, in coinaction with said subdivision, it was necessary that Subdivider install a 12 inch water main along the following locations: On Drake Road from a point soutn of Woodward Governor Company to a point just east of Parklake Drive on Drake Road. and WHEREAS, Sections 41 through 43 of Ordinance No. 18, 1965 of the City of. Fort Collins set forth the policies of the City regarding oversize ruins and extension of mains through other lands, and WHEREAS, said water main as inst-al.led, in addition to benefiting the lands of Subdivider, ate,_ benefited to some extent the lands described herein, and W" RI:AS, an ac^oanting has been made to determine the cost of the installation of said water main -.id the complete cost �f said water main was M 084,24 NO', THEREFORE, in consideration of the premises and the terms of the within agreement, it is agreed as follows: 1. Subd.vir.or did i_:n`al- said water main, a_u sa..a ma_u was installed in accordance with the requirements of the City Engineer of the. City of. Fort Collins, and the installation is approved by said City Engine+ar. 2. Upon the completion of the installation of said water main and the acceptance of tiroo same by the City Engineer and further withthe presentation to the City of proof that all bills and charges in connection with the installation of said water main have been paid, the City, purssunat ro the provisions of. Section 41 of Ordinance No. 18, 1965, is to pay to the subdivid:r the sum of $18,033.70 being % of the cost, as its share of the .c_ost of installing said main. 3. It is understood and agreed that the main installed did benefit the property described below an well as tireproperty of Subdivider; and in accordance with Lhe prov-i.sions of Soction 43 of Ordinance No. 18, 1965, the City willattempt to assess a charge against such other properties in order to reimburse Subdivider for so..e of the cost of such ruin. Such assessment of cost shall be required by the City before any part of the property benefited by said water main described herein, shall be served by said water main. The charge to be assessed shall be a percentage of the cost of the main borne by the Subdivider. Such percentage and benefit in this case would be as follows: 1. Jonn Stracnan 6.597% $1,784.S2 2. Woodward Governor Co. 6.597% 1,784.S2 3. Parnwood, Inc. 32.306% 8,738.95 4. Ed Vance 16.206% 4,383.81 S. lid Jo"nsoa 11.097% 3,001.80 Upon col-lecton of such assessment, the City agrees to pay the same over to the Subdivider; provided, however, that the duty of the City to collect such assessments and pay the same over to the Subdivider shall not extend for a period of more than ter (10) years from the date of this agreement and provided further that in the event the City is for any reason prevented from collecting such assessments, then and in the event this provision of this agreement shall be null. and void and the City shall have no obligation to reimburse the Subdivider for any part of the cost of said main other than as set forth in paragraph 2 above. IN WITNESS WHEREOF, the parties to this agreement have caused the same to be signed the clay and year first hereinabove written. THE CITY OF., )'),RT COLLINS, By City rlanager �� ATTEST: City Clerk ByLeL_SSubdivider ATTEST: