HomeMy WebLinkAboutNEW BELGIUM BREWERY FOURTH - Filed DA-DEVELOPMENT AGREEMENT - 2006-09-20r ILG
City of Fort Collins
DEVELOPMENT AGREEMENT
THIS AGREEMENT, is made and entered into this 16-rq day of Ju.v6
2006, by and between the CITY OF FORT COLLINS, COLORADO, a Municipal
Corporation, hereinafter referred to as the "City"; and NEW BELGIUM BREWING
COMPANY INC., a Colorado Corporation, hereinafter referred to as the "Developer."
WITNESSETH:
WHEREAS, the Developer is the owner of certain real property situated in the
County of Larimer, State of Colorado, (hereafter sometimes referred to as the "Property"
or "Development") and legally described as follows, to wit:
Lot 1 of New Belgium Brewery Fourth Filing, being a replat of Lot 1, New Belgium
Brewery Third Filing and Lot 1, New Belgium Brewery Second Filing, located in
Section 12, Township 7 North, Range 69 West of the 6th P.M., City of Fort
Collins, County of Larimer, State of Colorado.
WHEREAS, the Developer desires to develop the Property and has submitted to
the City all plats, plans (including utility plans), reports and other documents required for
the approval of a final plan according to the City's development application submittal
requirements master list (the "Final Development Plan Documents") copies of which are
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 the Property
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 be developed and not to the City of Fort Collins as a whole; and
WHEREAS, the City has approved the Final Development Plan Documents
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 the Property.
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, it is agreed that the certain development agreements "New Belgium
Brewery Second Filing" dated January 5, 1998 and "New Belgium Brewery Third Filing,
improvements in accordance with Sections 2.2.3, 3.3.1 and 3.3.2 of the Land Use Code
of the City.
E. Natural Resources
Not Applicable
F. Soil Amendment
1. In all areas associated with this Development that are to be
landscaped or planted in accordance with the Final Development Plan Documents, and
do not require a building permit, the soils shall be loosened and amended by the
Developer in accordance with Section 3.8.21 of the Land Use Code prior to the
issuance of any certificate of occupancy in this Development. Completion of soil
amendments shall include certification by the Developer that the work has been
completed. This certification shall be submitted to the City at least two (2) weeks prior
to the date of any certificate of occupancy in this Development.
G. Ground Water, Subdrains and Water Rights
1. The City shall not be responsible for, and the Developer (for itself
and its successor(s) in interest) hereby agrees to indemnify and hold harmless the City
against any damages or injuries sustained in the Development as a result of ground
water seepage or flooding, structural damage, or other damage unless such damages
or injuries are proximately caused by the City's negligent operation or maintenance of its
storm drainage facilities in the Development. However, nothing herein shall be deemed
a waiver by the City of its immunities, defenses, and limitations to liability under the
Colorado Governmental Immunity Act (Section 24-20-101 CRS, et. seq.) or under any
other law.
2. If the Development includes a subdrain system, any such subdrain
system, whether located within private property or within public property such as street
rights -of -way or utility or other easements, shall not be owned, operated, maintained,
repaired or reconstructed by the City and it is agreed that all ownership, operation,
maintenance, repair and reconstruction obligations shall be those of the Developer or
the Developer's successor(s) in interest. Such subdrain system is likely to be located
both upon private and public property and, to the extent that it is located on public
property, all maintenance, operation, repair or reconstruction shall be conducted in such
a manner that such public property shall not be damaged, or if damaged, shall, upon
completion of any such project, be repaired in accordance with then existing City
standards. The City shall not be responsible for, and the Developer, for itself and its
successor(s) in interest, hereby agrees to indemnify and hold harmless the City against
any damages or injuries sustained in the Development as the result of groundwater
seepage or flooding, structural damage or other damage resulting from failure of any
such subdrain system.
10
3. Without admitting or denying any duty to protect water rights, the
Developer, for itself and its successor(s) in interest, hereby agrees to indemnify and
hold harmless the City against any damages or injuries to water rights caused, directly
or indirectly by the construction, establishment, maintenance or operation of the
Development.
4. The City agrees to give notice to the Developer of any claim made
against it to which the foregoing indemnities and hold harmless agreements by the
Developer could apply, and the Developer shall have the right to defend any lawsuit
based on such claim and to settle any such claim provided the Developer must obtain a
complete discharge of all City liability through such settlement. Failure of the City to
give notice of any such claim to the Developer within ninety (90) days after the City first
receives notice of such claim under the Colorado Governmental Immunity Act for the
same, shall cause the forgoing indemnities and hold harmless agreements by the
Developer to not apply to such claim and such failure shall constitute a release of the
foregoing indemnities and hold harmless agreements as to such claim.
H. Hazards and Emergency Access
1. No combustible material will be allowed on the site until a
permanent water system is installed by the Developer and approved by the City.
2. Prior to beginning any building construction, and throughout the
build -out of this Development, the Developer shall provide and maintain at all times an
accessway to said building or buildings. Such accessway shall be adequate to handle
any emergency vehicles or equipment, and the accessway shall be kept open during all
phases of construction. Such accessway shall be constructed to an unobstructed width
of at least 20 feet with 4 inches of aggregate base course material compacted according
to city standards and with an 100 foot diameter turnaround at the building end of said
accessway. The turnaround is not required if an exit point is provided at the end of the
accessway. Prior to the construction of said accessway, a plan for the accessway shall
be submitted to and approved by the Poudre Fire Authority and City Engineer. (Three
plan sets shall be submitted to the Poudre Fire Authority at 102 Remington Street for
review and processing.) If such accessway is at any time deemed inadequate by the
Poudre Fire Authority or City Engineer, the accessway shall be promptly brought into
compliance and until such time that the accessway is brought into compliance, the City
and/or the Poudre Fire Authority may issue a stop work order for all or part of the
Development.
Footing and Foundation Permits
1. Notwithstanding any provision in this Agreement to the contrary, the
Developer shall have the right to obtain a Footing and Foundation permit upon the
installation of all underground water, sanitary sewer, and storm sewer facilities, and an
emergency accessway for the Phase in which the permit is being requested. Facilities
II
shall include but not be limited to all mains, lines, services, fire hydrants and
appurtenances for the Phase as shown on the Final Development Plan Documents.
J. Development Construction Permit
1. The Developer shall apply for and obtain a Development
Construction Permit for this Development, in accordance with Division 2.6 of the Land
Use Code (or Section 29-12 of the Transitional Land Use Regulations, if applicable),
prior to the Developer commencing construction. The Developer shall pay the required
fees for said Permit and construction inspection, and post security to guarantee
completion of the public improvements required for this Development, prior to issuance
of the Development Construction Permit.
K. Maintenance and Repair Guarantees
1. The Developer agrees to provide a two-year maintenance
guarantee and a five-year repair guarantee covering all errors or omissions in the
design and/or construction of the public improvements required for this Development,
which guarantees shall run concurrently and shall commence upon the date of
completion of the public improvements and acceptance thereof by the City. More
specific elements of these guarantees are noted in Exhibit "D." Security for the
maintenance guarantee and the repair guarantee shall be as provided in Section
3.3.2(C) of the Land Use Code, or Section 29-14 of the Transitional Land Use
Regulations, as applicable. Notwithstanding the provisions of paragraphs III (H) and (1)
of this Agreement to the contrary, the obligations of the Developer pursuant to this
paragraph and Exhibit "D" may not be assigned or transferred to any other person or
entity unless the warranted improvements are completed by, and a letter of acceptance
of the warranted improvements is received from the City by, such other person or entity.
III. Miscellaneous
A. The Developer agrees to provide and install, at its 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 Engineer and
Traffic Engineer in accordance with the City's 'Work Area Traffic Control Handbook"
and shall not remove said safety devices until the construction has been completed.
B. As required pursuant to Chapter 20, Article IV of the City Code, the
Developer shall, at all times, keep the public right-of-way free from accumulation of
waste material, rubbish, or building materials caused by the Developer's operation, or
the activities of individual builders and/or subcontractors; shall remove such rubbish as
often as necessary, but no less than daily 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. The Developer further agrees to
maintain the finished street surfaces so that they are free from dirt caused by the
12
Developer's operation or as a result of building activity. Any excessive accumulation of
dirt and/or construction materials shall be considered sufficient cause for the City to
withhold building permits and/or certificates of occupancy until the problem is 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 the Developer's expense and the Developer shall be responsible for prompt
payment of all such costs. The Developer also agrees to require all contractors within
the Development to keep the public right-of-way clean and free from accumulation of
dirt, rubbish, and building materials.
C. The Developer hereby agrees that it will require its contractors and
subcontractors to 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. 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 Final Development Plan Documents, or any
documents executed in the future that are required by the City for the approval of an
amendment to a development plan, and the City may withhold (or to the extent
permitted by law, revoke) such building permits and certificates of occupancy as it
deems necessary to ensure performance in accordance with the terms of this
Development Agreement. The processing and "routing for approval" of the various
development plan documents may result in certain of said documents carrying dates of
approval and/or execution that are later than the date of execution of this Development
Agreement or the Memorandum Of Agreement (if any) recorded to give record notice of
this Agreement. The Developer hereby waives any right to object to any such
discrepancy in dates.
E. Nothing herein contained shall be construed as a waiver of any
requirements of the City Code, Land Use Code, or Transitional Land Use Regulations
(as applicable) and the Developer agrees to comply with all requirements of the same.
F. In the event the City waives any breach of this Agreement, no such waiver
shall be held or construed to be a waiver of any subsequent breach hereof.
G. All financial obligations of the City arising under this Agreement that are
payable after the current fiscal year are contingent upon funds for that purpose being
annually appropriated, budgeted and otherwise made available by the Fort Collins City
Council, in its discretion.
H. This Agreement shall run with the Property and shall be binding upon and
inure to the benefit of the parties hereto, their respective personal representatives,
heirs, successors, grantees and assigns. It is agreed that all improvements required
pursuant to this Agreement touch and concern the Property regardless of whether such
improvements are located on the Property. Assignment of interest within the meaning
13
of this paragraph shall specifically include, but not be limited to, a conveyance or
assignment of any portion of the Developer's legal or equitable interest in the Property,
as well as any assignment of the Developer's rights to develop the Property under the
terms and conditions of this Agreement.
I. In the event the Developer transfers title to the Property and is thereby
divested of all equitable and legal interest in the Property, the Developer shall be
released from liability under this Agreement with respect to any breach of the terms and
conditions of this Agreement occurring after the date of any such transfer of interest. In
such event, the succeeding property owner shall be bound by the terms of this
Agreement.
J. Each and every term of this Agreement shall be deemed to be a material
element hereof. In the event that either party shall fail to perform according to the terms
of this Agreement, such party may be declared in default. In the event that a party has
been declared in default hereof, such defaulting party shall be given written notice
specifying such default and shall be allowed a period of ten (10) days within which to
cure said default. In the event the default remains uncorrected, the party declaring
default may elect to: (a) terminate the Agreement and seek damages; (b) treat the
Agreement as continuing and require specific performance or; (c) avail itself of any
other remedy at law or equity.
K. In the event of the default of any of the provisions hereof by either party
which shall require the party not in default to commence legal or equitable action
against said defaulting party, the defaulting party shall be liable to the non -defaulting
party for the non -defaulting party's reasonable attorney's fees and costs incurred by
reason of the default. Nothing herein shall be construed to prevent or interfere with the
City's rights and remedies specified in Paragraph III.D of this Agreement.
L. Except as may be otherwise expressly provided herein, this Agreement
shall not be construed as or deemed to be an agreement for the benefit of any third
party or parties, and no third party or parties shall have any right of action hereunder for
any cause whatsoever.
M. It is expressly understood and agreed by and between the parties hereto
that this Agreement shall be governed by and its terms construed under the laws of the
State of Colorado and the City of Fort Collins, Colorado.
N. Any notice or other communication given by any party hereto to any other
party relating to this Agreement shall be hand -delivered or sent by certified mail, return
receipt requested, addressed to such other party at their respective addresses as set
forth below; and such notice or other communication shall be deemed given when so
hand -delivered or three (3) days after so mailed:
If to the City: Engineering Development Review
City of Fort Collins
14
P.O. Box 580
Fort Collins, CO 80522
With a copy to: City Attorney's Office
City of Fort Collins
P.O. Box 580
Fort Collins, CO 80522
If to the Developer: New Belgium Brewery Company, Inc.
Attn: Ms. Kim Jordan, CEO
500 Linden Street
Fort Collins, CO 80524
With copies to: Mr. Jim Spencer
Director of Engineering
New Belgium Brewing Company, Inc.
500 Linden Street
Fort Collins, CO 80524
(and)
Dwyer Law Firm, LLC
Attn: David E Dwyer
315 West Oak Street, Suite 504
Fort Collins, CO 80521
Notwithstanding the foregoing, if any party to this Agreement, or its successors,
grantees or assigns, wishes to change the person, entity or address to which notices
under this Agreement are to be sent as provided above, such party shall do so by giving
the other parties to this Agreement written notice of such change.
O. When used in this Agreement, words of the masculine gender shall
include the feminine and neuter gender, and when the sentence so indicates, words of
the neuter gender shall refer to any gender; and words in the singular shall include the
plural and vice versa. This Agreement shall be construed according to its fair meaning,
and as if prepared by all parties hereto, and shall be deemed to be and contain the
entire understanding and agreement between the parties hereto pertaining to the
matters addressed in this Agreement. There shall be deemed to be no other terms,
conditions, promises, understandings, statements, representations, expressed or
implied, concerning this Agreement, unless set forth in writing signed by all of the
parties hereto. Further, paragraph headings used herein are for convenience of
reference and shall in no way define, limit, or prescribe the scope or intent of any
provision under this Agreement.
t5
THE CITY OF FORT COLL){JS, C
a Municipal Corporation j �
0
City Manager
FORT
City Clerk 1 0 a ; nLLHL
APPROVED AS TO CONTE
City Engineer
APPROVE TO FORM:
�
r��"LE$,lC(4 -•
Deputy City Attorney
ATTEST:
in
DEVELOPER:
New Belgium Brewing Company, Inc.,
a Colorado Corporation
By: �L2�UPG%le �i�/o'Li/tir
Jennifer Ve er Orgolini, COO,
Secretary/Treasurer
of Engineering
16
EXHIBIT "A"
Schedule of electrical service installation.
Electrical lines need to be installed prior to the installation of the sidewalk, curb
returns, handicap ramps, paving and landscaping. If the Developer installs any curb
return, sidewalk or handicap ramp prior to the installation of electrical lines in an area
that interferes with the installation of the electrical line installation, the Developer shall
be responsible for the cost of removal and replacement of those items and any
associated street repairs.
2. Schedule of water lines to be installed out of sequence.
Not Applicable.
3. Schedule of sanitary sewer lines to be installed out of sequence.
Not Applicable.
4. Schedule of street improvements to be installed out of sequence.
Not Applicable
5. Schedule of storm drainage improvements to be installed out of sequence.
Not Applicable.
17
EXHIBIT "B"
Not Applicable
In
Date: 8•Jun-06
EXHIBIT "C"
PHASE 2 ESCROWED CONSTRUCTION COSTS
1) Street Improvements for Development on the North Side of Buckingham 680 LF
RE_F
DESCRIPTIONS
ONTYELF
COST
TOTALS
2
Surveying & La out
t
$1,000
$1,000
DEMOLITION & EARTHWORK
1
$500
$500
awcu680
$7.25
$4,930
Excavation & Com action
260
$8�00
___
.__
8
_Curb Gut
& Gu
tter utter Grading__—
680
—
$4
$2 890
9
UTILITIES
.LF
_
10
Curb Inlets __-_ _
-
__ 3
EA
_.........
$5,350
- -
- $16,050,
11
StormW T , pipmq_ _..... .
_-440
LP
$45.00
$19,800
12
Manholes
_
13
Adjust MH Covers
$450
$2,700
14
PAVING
_
15
Full -depth Paving0
SY
$21.50
$0
-16
Overly Pavin Centerline Levelin
1,511
SY
$8.60
17
Traffic Markings
—Signs
1
LS
$1,000.00
�LL $1,000
4Rem6ve
& Reinstall
4
EA
$150.00
$600
19
"
Traffic Control & Barricades
20
DAYS
$1,200
$24,000
20
SITE_CONCRETE —
21
Curbs
— —
_
680
LF
$13.00
$8,840
22
8' Concrete Sidewalk
5,440
SF
$3.50
—�_
$19,040
_ 23
C
_HRamer _
3
EA
$1,200.00
$00
3,6
2ii_
LANDSCAPING
.. ------
"" `
25
Soil Amendmmentent
5,440
SF
$0.10
---- $544
26
Turf (8' borders
5,440
SF
$0..35
$1,904
27
Weed Barrier _
$156
28
Shrubs
31
$30.00
$930
29
Cedar Mulch _ _ _
T — —
648
_
SF
$246
30
2" Trees
7
EA
_$0.36
$438
$3,430
31
_Irrr�ation �...—.--
5,440
SF
$5,440
_.LL$1.00
33
HARD COST TOTAL
$138.520
34
35
CONSTRUCTION GENERAL CONDITIONS
$11,082
36
PL/PDINSURANCES
$2079
37
CONSTRUCTION PERMIT
---
$1 gag
_38
STREET PERMITS &CLOSURES
_ _
$2,000
39 _
USE TAX 3.8% on 50%
$2 957
40
CONSTRUCTION SUBTOTAL
$158,576
41
CONTRACTORS FEE
_ �—
$5 550
42
CONSTRUCTION TOTAL
$1 W 126
19
Lot 1" dated August 23, 2001 between the City and New Belgium Brewing Company are
null and void and no further force and effect, being fully replaced by this Agreement, as
follows:
General Conditions
A. The terms of this Agreement shall govern all development activities of the
Developer pertaining to the Property. For the purposes of this Agreement,
"development activities" shall include, but not be limited to, the following: (1) the actual
construction of improvements, (2) obtaining a permit therefor, or (3) any change in
grade, contour or appearance of the Property caused by, or on behalf of, the Developer
with the intent to construct improvements thereon.
B. All water lines, sanitary sewer collection lines, storm sewer lines and
facilities, streets, curbs, gutters, sidewalks, and bikepaths shall be installed as shown on
the Final Development Plan Documents and in full compliance with the standards and
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 a three (3) year time limitation
from the date of approval of the site specific development plan. In the event that the
Developer commences or performs any construction pursuant hereto after the passage
of three (3) years from the date of approval of the site specific development plan, the
Developer shall resubmit the utility plans to the City Engineer for reexamination. The
City may then require the Developer to comply with the approved standards and
specifications of the City on file in the office of the City Engineer at the time of the
resubmittal.
C. No building permit for the construction of any structure within the Property
shall be issued by the City until the public water lines and stubs to each lot, fire
hydrants, electrical lines, sanitary sewer lines and stubs to each lot, and public streets
(including curb, gutter, and pavement with at least the base course completed) serving
such structure have been completed and accepted by the City. No building permits
shall be issued for any structure located in excess of six hundred and sixty feet (660')
from a single point of access, unless the structures contain sprinkler systems that are
approved by the Poudre Fire Authority.
D. Any water lines, sanitary sewer lines, storm drainage lines, electrical 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 has determined that
any water lines, sanitary sewer lines, storm drainage facilities and/or streets are
required to provide service or access to other areas of the City, those facilities shall be
shown on the Final Development Plan Documents and shall be installed by the
Developer within the time as established under "Special Conditions" in this document.
E. Except as otherwise herein specifically agreed, the Developer agrees to
install and pay for all water, sanitary sewer, and storm drainage facilities and
appurtenances, and all streets, curbs, gutters, sidewalks, bikeways and other public
2
2) Street Improvements for Development on the South Side of Buckingham (Oxbow)- 210 LF
REF
DESCRIPTIONS
ONTY
UNIT
COST
TOTALS
1
SITE ENGNEERING
i ---
--- -
2-
---- Surveying & Layout _ _
.... ,..--
1
_
-
LS
$650
__-
$650_---
3
DEMOLITION & EARTH WORK
-"
4
Erosion Control _
- �_,_
_�i
LS
$500
--
$500
5
Sawcut Asphalt (9,
210
,_
LF
__
_ .
6
_Excavation &Compaction
80
_�
—Cy-
$3.00
-`----
$640
7
Im_port Structural Fill
80
CY -
$13.25
i $1,060
8
Curb &Gutter Gradin
210
LF
-- $-425
$893
9
UTILITIES
-Curb
-
10
Inlets
2
EA
$5,350
$10,700
11 _
_ _Stormwater piping
210
LF
$45.00
$9,450
-12
Manholes
1
EA
$2,400
$2,400
f 13
Adjust MH Covers (other utilities
6
EA
$450
$2,700
14
PAVING
-
15
Full -de th Pavin
-'O-v—e
117
SY
$21.50
Over-Iay.Paving _
467
SY
$8.60
$4,01.3__
17 .....
Traffic Marking
-. ... .
-
1
_..-._
LS
$500 00
_
$500
18-
Remove &Reinstall Signs �_
2
. _._,__.
..._-..._
EA
-_._$150 00
_
$300
_ 19_
Traffic Control & Barricades
15
DAYS
_-_..__---_...-----
$1,200
$18,000
20
SITE CONCRETE
21
Curbs
210
LF
$13.00
$2,730
22
_ 5' Concrete Sidewalk
-HC
1,050
SF
$3.50
$3,675
23 ^
Ram
2
EA
$1,200.00
$2,400
24
LANDSCAPING
25 _
Soil Amendment
6 846
SF
$0.10
$685
26
Turf 8' border
- I ____.._� ��
1680
SF
$0.35
$588
27.,
2 Trees
5
EA
_
-- ----
_ 28
..-29
Irrigation - _'___�
1880
SF
$1.00
,450
$1,690
-
----- —
--
_ 30
HARD COST TOTAL
$70,044
31
32
CONSTRUCTION GENERAL CONDITIONS
--"--
$5,604
33 _
PUPD INSURANCES
$1,051
34
-35
CONSTRUCTION PERMIT
_
$981
_
STREET PERMITS &CLOSURES
$2,000
36 _
USE TAX 3.8ge an 50%
$1.514
37-CONSTRUCTION
_....
SUBT_OT_AL
- --.-_._..,_.__
--
-..
$81,193
38
CONTRACTORS FEE^
_ _..._._
$2,842
39 ICONSTRUCTION
TOTAL
$84 035
3) Street Improvements for Development on the West Side of tat Street (Oxbow). 315 LF
REF _
DESCRIPTIONS _ -- - . . ---
ONTY
UNIT
COST
TOTALS
1
SITE ENGINEERING
T _
_ ---
---- ----
2
_ Survey ing& Layout _. _ ._..
1
LS_.
._
$650
$650
3
DEMOLITION &EARTHWORK
--
---�.
_ _ �
-----
4
- Control
Erosion Contro
$500
_ $500
g0
r� r. SV N ERTON
6 1.1 I I_ o li It 5
.5.
.SawcutAsphalt�9'�� _ � --
315
LF-�-W
^-
6
Excavation
n & Compacton
187
Cy
_- -
7
Im ort St
p ructur' Fill
_._...._.-
187
_..._.
Cy
$13 25
2,473
8 .
Curb &Gutter Gradin
_�_._._ _�_ __._.....
186._
�._._.
LF
—
-
$791
9
UTILITIES
__.,
__$4.25
_
10 -
_ _.
Curb Inlets
-2
_
EA
---
$5 350
- $10,700
11
Stormwaterpipm
315
LF
$45.00
$14,175
12
Manholes
1
EA
$2,400
$2,400
13
Ad ust MH Covers other utilities
1 _._�_ �. T_1
6
EA
$ q50
-�
14
PAVING
__-_-$2,700
15
Full-depthPaving
--- _-' --
175
-0
SY
'
$21.50
$3,763
16
Over-lay_Paving __ __. -.
- - - _._._�
SY
.........
$8.60
.,_,-
$0
17
Traffic Markings
--- --.._._�_
_
1
_ _
LS
$500.00
$500
18,_-
Remove &Reinstall Si ns
2
EA
___ __
$150.00
19
Traffic Control & Barricades
15
DAYS
$1,200
� $18,000
20
SITE CONCRETE
21
22
Curbs
5' Concrete Sidewalk
315
1,575
LF
SF
$13.00
$3.50
$4,095
$5,513
23
HC Ramp
2
EA
$1,200.00
$2,400
24
LANDSCAPING
25
Soil Amendment
2,520
SF
26
TurfSB' border)
-
2,520
SF
$0.35
$882
27
2 trees _�_..--,�..-_-2,520
�_ $490
$3,430
_ 28
Ir_nge�-�----
-
-SF
$1.00
$2,520
29
W-30
HARD COST TOTAL
$79 820
- 31
32
CONSTRUCTION GENERAL CONDITIONS
$6,386
33
PUPD INSURANCES
-
'"-
$1,797
34
CONSTRUCTION PERMIT _-_
--,"
-
35
PERMITS_8 CLOSURES
36
_§TREET _._ ._.__.. _._
USE TAX 3.8% on 50% -'-- _��
_____
_ ._._._. _ .
__ ...._. _.._. _.
$2,000
$1,720
_37_..
CONSTRUCTION SUBTOTAL
-
38_
CONTRACTORS FEE
-
-__-$92,240
$3 228
39
CONSTRUCTION TOTAL
4) Coy Ditch Improvements
REF
DESCRIPTIONS --
ONTy
UNIT
—COST
TOTALS
1
_
SITE ENQINEERING
�
i
- ------
. 2
SurveyIN & La out___-
1
L S
$500
$500
3
DEMOLITION & EARTHWORK--
-
_
4
'Erosion Control--�`^'
-^
$? 000
000
__5,__
SawcutAsphalt,(9")
LF
,._ __$1
6
_Excavation &Compaction
260
CY
$8.00
!. $2,080
7
Import Structural Fill
800
CV
_-
$13.25
$7,950
8
UTILITIES
-
--------
9
Remove Existing Inlets- - -
- .. . .__. - --_..
_ 186
LF
$10
$1,800
10
- Curb Inlets
- -- -
3_.
-. EA-.
_
'--
$16,050
11
EllipticalP RCP
-..RC _ - ..__ ...-_....._
1,032 _
_
LF
�$5'350
$75
-- -
$77,400
12
"..
444
LF
._.
_
$15,540
21
r r Swl N E RTON
II U 1 i. h [ 12 `i
13
Flow Fill Street Crossing
100
$4,000,
14
Junction Box
1
EA
$4 000
000
$4 000'
15
_....
Headwall
_hole_
1
�EA
EA
-�
$2,500
$2,500
i6
Manholes
1
_
EA
$2,400
$2,400
17
LANDSCAPING
__._.._..._.___.
_ -_
18_._
Soil Amendment _ _
25,800
SF
$0.10��
19
_ ..
Turf 30' - Dritl Seed
.5.._�._._....
25,800
SF��
$0.17
$4,386
2D _
21
2 Trees
_.s
Repair Irrigation
with Street
I�rovementt
--_..._ .._._.._.
.25,800. _.
___ SF
$0.--
$3,870
22
.__
_--,..._
___ .
23
HARD COST TOTAL
$148,556
25
CONSTRUCTIONGENERALCONDITIONS __
��_
1,884
26
_.._..
PUPD INSURANCES _�_ ��
--
�-�
$2,228
27 _CONSTRUCTION
PERMIT
_..-_
__-_-.._.- __-_
.-- --
26
STREET PERMITS &CLOSURES
�`�
,$2,0080
$2,000
29
USE fAX 3.8% on 50%
$3,168
30
CONSTRUCTION SUBTOTAL
$169 917
31
CONTRACTORS FEE
$5 947
32
CONSTRUCTION TOTAL
5175 864
5) Stormwater Detentlon on Oxbow Property
REF
DESCRIPTIONS
ONTY
UNIT
COST
TOTALS
1
SITE ENGINEERING
_
2
Survging &Layout _
1
LS
$1,000
$1,000
3
EARTHWORK
-"-
4
Slit Fence---
1,200LF
$1.50
$1,800
5
__Straw Bale Dike @ Overflow
1
EA
$175
$175
6
Excavation &Embankment
3,986
Cy
$4.00
$15,944
7
Finish Grading0
SF
$13.25
$0
8
UTILITIES
9
�10
Sawcut Asphalt
150
LF
$7.25
�. $i 088
Remove Asphalt loll_
795
BY
$420
$3, 39
11
Remove Existing<Inlets/FES
2
EA
._...
$1,000
loll.. __.__
$2,000
12
Remove Existing Lines �
180
LF
�� $10.00
13
18'40" Elliptical RCP
... ._.... ..
120
LF
$75.00
$9,000
14
12" RC_P....
_
LF
....
$1,750
15
FES
1
1
EA
750.00
$750.-
$750
16
Outlet Structure _
2
EA
$5,000
- -
$10,000
_17_
_Remove-Existln Manhole
1
EA
$1,000
_
$1,000
18
Manholes
$2 000
_
$4,000
19
_Core into existing Manhole
EA
_ _
$1,200
_ -
20
Lower 24" Water Line__ _
60
LF
$60
_$1,200
$3,600
21
Lower 12"Water line
60
LF
$50$3,000
22
Remove existing water lines_,....__, _-` _
120___
LF
$10
$1,200
- 23
Flow Fill Street Crossin_gs
- - - _ _,
150
CY
$65.00
$9,750
24
Traffic Control
20
da s
$1,200.00
_ $24,000
25
ASPHALT PAVING
26
_.._
Base Preparation
_ ._.�.. __�
795
SY
$1.50
_._.._.._.�._.__
$1,193
Full -depth paying
795
SY
$21.50
_... _.
$17,093
22
y� r SNvVI N ER TON
12 U 1 1_ I) I I:
28
LANDSCAPING
--
------
_, 29
,Soil Amendment
63,100
SF
$0.10
$6,310
30
Drill -Seed Native Grasses
63,100
SF
$0.17
$f 00,727
32
HARD COST TOTAL
$131,718
33
34
CONSTRUCTION GENERAL CONDITIONS
$10,537
35
PL/PD INSURANCES __ _
_ _._�-
$2 04P
36
CONSTRUCTION PERMIT
—`—"v
$1,844
37
USE TAX 3.8% on 50%
$2 777
38
CONSTRUCTION SUBTOTAL
$148,917
390--
CONTRACTORS FEE
$5 212
4CONSTRUCTION
TOTAL
$154 129
Total
$673,623
Total x 1.5
$1,010,434
A"
Civil Design for Item #1 IN. Buckingham)
$300
B"
Civil Design for Item #2 (S. Buckingham)
$6,700
C"
Civil Design for Item #3 (West tat Street)
$3,400
D"
Civil Design for Item #4 (Coy Ditch)
$305
E"
Civil Design for Item #5 (Oxbow Detention)
$305
F"
Landscape Design cost for Items 1-5
$1,750
G
Obtaining Ditch Easement paperwork
$4,545
"Items A-F were estimated by Northstar Design Wor BHA
Total
$17,305
Total x 1.5
$23,958
Add for Coy Ditch LOI Terms
$15,000
X 1.5
$22,500
TOTAL LOC AMOUNT
$1,058,892
23
EXHIBIT "D"
MAINTENANCE GUARANTEE:
The Developer hereby warrants and guarantees to the City, for a period of two (2) years
from the date of completion and first acceptance by the City of the public improvements
warranted hereunder, the full and complete maintenance and repair of the public
improvements constructed for this Development. This warranty and guarantee is made
in accordance with the City of Fort Collins Land Use Code and/or the Transitional Land
Use Regulations, as applicable. This guarantee applies to the streets and all other
appurtenant structures and amenities lying within the rights -of -way, easements and
other public properties, including, without limitation, all curbing, sidewalks, bike paths,
drainage pipes, culverts, catch basins, drainage ditches and landscaping. Any
maintenance and/or repair required on utilities shall be coordinated with the owning
utility company or city department.
The Developer shall maintain said public improvements in a manner that will assure
compliance on a consistent basis with all construction standards, safety requirements
and environmental protection requirements of the City. The Developer shall also correct
and repair, or cause to be corrected and repaired, all damages to said public
improvements resulting from development -related or building -related activities. In the
event the Developer fails to correct any damages within thirty (30) days after written
notice thereof, then said damages may be corrected by the City and all costs and
charges billed to and paid by the Developer. The City shall also have any other
remedies available to it as authorized by this Agreement. Any damages which occurred
prior to the end of said two (2) year period and which are unrepaired at the termination
of said period shall remain the responsibility of the Developer.
REPAIR GUARANTEE:
The Developer agrees to hold the City of Fort Collins, Colorado, harmless for a five (5)
year period, commencing upon the date of completion and acceptance by the City of the
public improvements constructed for this Development, from any and all claims,
damages, or demands arising on account of the design and construction of public
improvements of the Property shown on the approved plans and documents for this
Development; and the Owner furthermore commits to make necessary repairs to said
public improvements, to include, without limitation, the roads, streets, fills,
embankments, ditches, cross pans, sub -drains, culverts, walls and bridges within the
right-of-way easements and other public properties, resulting from failures caused by
design and/or construction defects. This agreement to hold the City harmless includes
defects in materials and workmanship, as well as defects caused by or consisting of
settling trenches, fills or excavations.
Further, the Developer agrees that the City shall not be liable to the Developer during
the warranty period, for any claim of damages resulting from negligence in exercising
24
engineering techniques and due caution in the construction of cross drains, drives,
structures or buildings, the changing of courses of streams and rivers, flooding from
natural creeks and rivers, and any other matter whatsoever on private property. Any
and all monetary liability occurring under this paragraph shall be the liability of the
Developer.
The obligations of the Developer pursuant to the "maintenance guarantee" and "repair
guarantee' provisions set forth above may not be assigned or transferred to any other
person or entity unless the warranted improvements are completed by, and a letter of
acceptance of the warranted improvements is received from the City by, such other
person or entity.
25
improvements required by this Development as shown on the Final Development Plan
Documents and other approved documents pertaining to this Development on file with
the City.
F. Street improvements shall not be installed until all utility lines to be placed
therein have been completely installed, including all individual lot service lines (water
and sewer) leading in and from the main to the property line and all electrical lines.
G. The installation of all utilities shown on the Final Development Plan
Documents shall be inspected by the Engineering Department of the City and shall be
subject to such department's approval. 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 Final Development
Plan Documents shall supersede the standard specifications, except that if the conflicts
are a result of Federal or State mandated requirements, then the Federal or State
mandated requirements shall prevail.
H. Public easements shall be provided for access, utilities and drainage as
required by the design and location of such infrastructure and as reflected on the plans.
Alignment and grades on privately maintained streets and drives shall allow for safe
access, ingress and egress by owners, visitors, the general public and public safety
officials and equipment, as approved by the City Engineer.
I. All storm drainage facilities shall be so designed and constructed by the
Developer as to protect downstream and adjacent properties against injury and to
adequately serve the Property (and other lands as may be required, if any). The
Developer shall meet or exceed the minimum requirements for storm drainage facilities
as have been established by the City in its Drainage Master Plans and Design Criteria.
The Developer, for itself and its successor(s) in interest, does hereby indemnify and
hold harmless the City from any and all claims that might arise, directly or indirectly, as
a result of the discharge of injurious storm drainage or seepage waters from the
Property in a manner or quantity different from that which was historically discharged
and caused by the design or construction of the storm drainage facilities, except for (1)
such claims and damages as are caused by the acts or omissions of the City in
maintenance of such facilities as have been accepted by the City for maintenance; (2)
errors, if any, in the general concept of the City's master plans (but not to include any
details of such plans, which details shall be the responsibility of the Developer); and (3)
specific written or otherwise documented directives that may be given to the Developer
by the City. The City agrees to give notice to the Developer of any claim made against
it to which this indemnity and hold harmless agreement by the Developer could apply,
and the Developer shall have the right to defend any lawsuit based on such claim and to
settle any such claim provided Developer must obtain a complete discharge of all City
liability through such settlement. Failure of the City to give notice of any such claim to
the Developer within ninety (90) days after the City first receives a notice of such claim
under the Colorado Governmental Immunity Act for the same, shall cause this indemnity
and hold harmless agreement by the Developer to not apply to such claim and such
failure shall constitute a release of this indemnity and hold harmless agreement as to
such claim. Approval of and acceptance by the City of any storm drainage facility
design or construction shall in no manner be deemed to constitute a waiver or
relinquishment by the City of the aforesaid indemnification. The Developer shall engage
a Colorado licensed professional engineer to design the storm drainage facilities as
aforesaid and it is expressly affirmed hereby that such engagement shall be intended
for the benefit of the City, and subsequent purchasers of property in the Development.
J. The Developer shall pay storm drainage basin fees in accordance with
Chapter 26, Article VII of the City Code. Storm drainage improvements eligible for
credit or City repayment under the provisions of Chapter 26 are described together with
the estimated cost of the improvements on the attached Exhibit "B," which
improvements, if applicable, shall include right-of-way, design and construction costs.
See Section II.C, Special Conditions, Storm Drainage Lines and Appurtenances, for
specific instructions.
K. The Developer shall provide the City Engineer with certified Record Plan
Transparencies on Black Image Diazo Reverse Mylars upon completion of each phase
of the construction. Utilities will not be initially accepted prior to as -built drawings being
submitted to and approved by the City of Fort Collins.
L. The Developer specifically represents that to the best of its knowledge all
property dedicated (both in fee simple and as easements) to the City associated with
this Development (whether on or off -site) is in compliance with all environmental
protection and anti -pollution laws, rules, regulations, orders or requirements, including
solid waste requirements, as defined by the U. S. Environmental Protection Agency
Regulations at 40 C.F.R., Part 261, and that such property as is dedicated to the City
pursuant to this Development, is in compliance with all such requirements pertaining to
the disposal or existence in or on such dedicated property of any hazardous
substances, pollutants or contaminants, as defined by the Comprehensive
Environmental Response Compensation and Liability Act of 1980, as amended, and
regulations promulgated thereunder. The Developer, for itself and its successor(s) in
interest, does hereby indemnify and hold harmless the City from any liability whatsoever
that may be imposed upon the City by any governmental authority or any third party,
pertaining to the disposal of hazardous substances, pollutants or contaminants, and
cleanup necessitated by leaking underground storage tanks, excavation and/or backfill
of hazardous substances, pollutants or contaminants, or environmental cleanup
responsibilities of any nature whatsoever on, of, or related to any property dedicated to
the City in connection with this Development, provided that such damages or liability are
not caused by circumstances arising entirely after the date of acceptance by the City of
the public improvements constructed on the dedicated property, except to the extent
that such circumstances are the result of acts or omissions of the Developer. Said
indemnification shall not extend to claims, actions or other liability arising as a result of
any hazardous substance, pollutant or contaminant generated or deposited by the City,
its agents or representatives, upon the property dedicated to the City in connection with
this Development. The City agrees to give notice to the Developer of any claim made
4
against it to which this indemnity and hold harmless agreement by the Developer could
apply, and the Developer shall have the right to defend any lawsuit based on such claim
and to settle any such claim provided the Developer must obtain a complete discharge
of all City liability through such settlement. Failure of the City to give notice of any such
claim to the Developer within ninety (90) days after the City first receives a notice of
such claim under the Colorado Governmental Immunity Act for the same, shall cause
this indemnity and hold harmless agreement by the Developer to not apply to such
claim and such failure shall constitute a release of this indemnity and hold harmless
agreement as to such claim.
M. The Developer acknowledges and agrees that the City, as the owner of
any adjacent property (the "City Property") on which off -site improvements may be
constructed, or that may be damaged by the Developer's activities hereunder, expressly
retains (and does not by this Development Agreement waive) its rights as property
owner. The City's rights as owner may include without limitation those rights
associated with the protection of the City Property from damage, and/or the
enforcement of restrictions, limitations and requirements associated with activities on
the City Property by the Developer as an easement recipient.
II. Special Conditions
A. Water Lines
Not Applicable
B. Sewer Lines
Not Applicable
C. Storm Drainage Lines and Appurtenances
1. (a) All on -site and off -site storm drainage improvements
associated with Phase 1 of this Development, as shown on the Final Development Plan
Documents, shall be completed by the Developer in accordance with said documents
prior to the issuance of any certificate of occupancy in Phase 1 of this Development.
Completion of improvements shall include the certification by a professional engineer
licensed in Colorado that the drainage facilities which serve Phase 1 of the
Development have been constructed in conformance with said Final Development Plan
Documents. This certification shall be submitted to the City at least two weeks prior to
the date of issuance of a certificate of occupancy for any building in Phase 1 of this
development.
(b) All on -site and off -site storm drainage improvements
associated with Phase 2 of this Development, as shown on the Final Development Plan
Documents, shall be completed by the Developer in accordance with said documents
prior to the release of any funds escrowed to the City by the developer to guarantee the
5
proper construction of Phase 2 improvements. Completion of improvements shall
include the certification by a professional engineer licensed in Colorado that the
drainage facilities which serve Phase 2 of the development have been constructed in
conformance with said Final Development Plan Documents. This certification shall be
submitted to the City at least two weeks prior to the request of the release of the
escrowed funds for Phase 2 improvements.
2. The Developer shall be responsible for maintaining the structural
integrity and operational functions of all drainage facilities throughout the build -out of
this Development. If at any time following certification (as required pursuant to
paragraph one (1) above) of said drainage facilities and during the construction of
structures and/or lots within this Development the City deems that said drainage
facilities no longer comply with the approved plans, the Developer shall bring such
facilities back up to the standards and specifications as shown on the approved plans.
Failure to maintain the structural integrity and operational function of said drainage
facilities following certification shall result in the withholding of the issuance of additional
building permits and/ or certificates of occupancy until such drainage facilities are
repaired to the operational function and structural integrity which was approved by the
City.
3. The Developer agrees to provide and maintain erosion control
improvements as shown on the Final Development Plan Documents to stabilize all over -
lot grading in and adjacent to this Development. The Developer shall also be required
to post a security deposit in the amount of $ 10,500.00 prior to beginning construction to
guarantee the proper installation and maintenance of the erosion control measures
shown on the Final Development Plan Documents. Said security deposit(s) shall be
made in accordance with the criteria set forth in the City's Storm Drainage Design
Criteria and Construction Standards (Criteria). If, at any time, the Developer fails to
abide by the provisions of the Final Development Plan Documents or the Criteria,
notwithstanding any provisions contained in paragraph III(J) to the contrary, the City
may enter upon the Property for the purpose of making such improvements and
undertaking such activities as may be necessary to ensure that the provisions of said
plans and the Criteria are properly enforced. The City may apply such portion of the
security deposit(s) as may be necessary to pay all costs incurred by the City in
undertaking the administration, construction, and/or installation of the erosion control
measures required by said plans and the Criteria. In addition, the City shall have the
option to withhold building permits and certificates of occupancy, as stated in Paragraph
III.D of this Agreement, as it deems necessary in order to ensure that the Developer
installs and maintains the erosion control measures throughout the build -out of this
Development.
4. All buildings shall be graded to drain in the configuration shown on
the Final Development Plan Documents. To ensure performance, the following
additional requirements shall be followed for all buildings in this Development:
6
Prior to the issuance of a certificate of occupancy for any building in this
Development the Developer shall provide the City with an individual
grading certification. Such certification shall verify that the finished floor
elevation of that building and all adjacent grades to that building have
been graded correctly - including the grading of any minor swales, when
applicable. That certification shall also certify that the minimum -floor
elevation (when applicable) for the building constructed; has been
completed in accordance with the Final Development Plan Documents.
Said certification shall be completed by a Colorado licensed professional
engineer and shall be submitted to the City at least two weeks prior to the
date of issuance of the desired certificate of occupancy.
5. The Developer shall obtain the City's prior approval of any changes
from the Final Development Plan Documents in grade elevations and/or storm drainage
facility configuration that occur as a result of the construction of structures, whether by
the Developer or other parties. The City reserves the right to withhold the issuance of
building permits and/or certificates of occupancy for this Development until the City has
approved such changes as being acceptable for the safe and efficient delivery of storm
drainage water.
6. The Developer is obligated to maintain all on -site storm drainage
facilities not accepted for maintenance by the City and all off -site storm drainage
facilities not accepted for maintenance by the City serving this Development and outside
of the public right-of-way.
7. The drainage design for this Development provides for the
evacuation of storm drainage runoff in a reasonable amount of time out of the detention
facilities and into the drainage outfall system. If, during or within 2 years after
construction and acceptance of the detention facilities associated with this
Development, surfacing or standing water conditions persist in these facilities; and if
such conditions are beyond what can be expected in accordance with the approved
stormwater design, the Developer shall promptly, upon such discovery, install an
adequate de -watering system in the detention facilities. Such a system shall be
reviewed and approved by the City prior to installation.
8. The Developer shall limit the construction of the storm drainage
improvements to the limits of construction as shown on the Final Development Plan
Documents. The contractor shall re -seed and restore all areas that are disturbed
during construction of the storm drainage improvements in accordance with the Final
Development Plan Documents promptly following construction. The Developer shall
ensure that no negative impact occurs to the neighboring areas during the construction
activities associated with this Development.
D. Streets.
1. Prior to the issuance of any building permit for the Development,
the Developer shall provide to the City an escrow in the form of a 3 year letter of credit
in the amount of $1,058,892.00 to cover the cost of improvements for Phase 2 of the
Development ("Phase 2 Improvements") as specified on the Final Development Plan
Documents. The cost of this improvement is described on Exhibit "C" and includes all
costs necessary to relocate the Coy Ditch outside of Buckingham Street; and to design
and construct the Buckingham Street improvements, the First Street improvements and
the utility and the storm drainage facilities made necessary by the improvements to the
Development; and any outstanding design and permitting costs necessary to complete
full City approval needed in order to commence construction of the Phase 2
Improvements.
2. Phase 2 Improvements shall be completed within 3 years of the
date of this Agreement. Should the Developer be unable to complete the Phase 2
Improvements within this 3 year timeframe, the City reserves the right to call on the
letter of credit in order to have the improvements constructed (which may then be
constructed by the City from the proceeds of the letter of credit or a third party). If the
Phase 2 Improvements are constructed by the City or a third party, neither the City nor
the third party shall be bound to complete the Phase 2 Improvements within said 3 year
timeframe. The City shall be under no obligation to construct said improvements.
3. If the Developer is the parry that constructs said Phase 2
Improvements (and upon the issuance of a DCP for Phase 2) the City shall release the
letter of credit to the Developer. In addition, the Developer shall be eligible for
reimbursement of the oversizing of public street improvements for Buckingham Street
as described below:
a. Subject to the conditions of this Agreement, the City agrees to
reimburse the Developer for oversizing public street
improvements along Buckingham Street for those portions of
said street abutting the Property as shown on the Final
Development Plan Documents. Reimbursement for
Buckingham Street shall be for oversizing the street from local
(access) standards to collector standards. Sidewalk
reimbursement along Buckingham Street shall be for oversizing
the sidewalk from local standards (4.5' in width) to collector
standards (5' in width). The City shall make reimbursement to
the Developer for the aforesaid oversized street improvements
in accordance with Section 24-112 of the Code of the City. The
Developer agrees and understands that the City shall have no
obligation to make reimbursement payments for street
oversizing unless funds for such payments shall first have been
budgeted and appropriated from the Street Oversizing Fund by
the City Council; and the Developer further understands that to
8
the extent that funds are not available for such reimbursement,
the City may not, in the absence of the Developer's agreement,
require the construction, at the Developer's expense, of any
oversized portion of streets not reasonably necessary to offset
the traffic impacts of the Development. The Developer does
hereby agree to construct the aforesaid oversized street
improvements with the understanding that the Developer may
not be fully reimbursed by the City for the cost of such
construction. The Developer further agrees to accept payment
in accordance with Section 24-112 (d) of the Code of the City as
full and final settlement and complete accord and satisfaction of
all obligations of the City to make reimbursements to the
Developer for street oversizing expenses. It is anticipated by
the City that the City's reimbursement, in accordance with
Section 24-112 (d), would not be less than fifty percent (50%) of
the Developer's actual expenses incurred and will be calculated
in accordance with the formula as set forth in Section 24-112
(d).
b. It is understood that the improvements that are to be
constructed in the public right-of-way as described in this
Section II(D) are "City improvements" (as defined below) and,
as such, any contract for the construction of the same must be
executed in writing. If the cost of such improvements exceeds
the sum of Thirty Thousand Dollars ($30,000), the contract for
the construction of the same must be submitted to a competitive
bidding process resulting in an award to the lowest responsible
bidder; and evidence must be submitted to the City prior to the
commencement of the work showing that the award was given
to the lowest responsible bidder. If the cost of such
improvements exceeds Fifty Thousand Dollars ($50,000), the
contract for the construction of the improvements must be
insured by a performance bond or other equivalent security. For
purposes of this paragraph, the term "City improvements" shall
mean either (1) existing improvements owned by the City that
are to be modified or reconstructed, or (2) any improvements
funded in whole or in part by the City.
4. Notwithstanding any provision herein to the contrary, the Developer
shall be responsible for all costs for the initial installation of traffic signing and striping
for this Development, including both signing and striping related to the Developer's
internal street operations and the signing and striping of any adjacent or adjoining local,
collector or arterial streets that is made necessary because of the Development.
5. Following completion of all public infrastructure improvements, the
Developer shall continue to have responsibility for maintenance and repair of said
I