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HomeMy WebLinkAboutBELLA VIRA - Filed OA-OTHER AGREEMENTS - 2008-05-30AGREEMENT To Convey Right of Way and Easement for Bella Vira Development This Agreement ("Agreement") is entered into this day of 2007, by and between the BOARD OF GOVERNORS OF THE C LORADO STATE UNIVERSITY SYSTEM acting by and through Colorado State University ("Board"), whose legal address is 309 Administration Bldg, Fort Collins, CO 80523, County of LARIMER, and State of COLORADO; the City of Fort Collins, a Political Subdivision of the State of Colorado ("City"), whose legal address is 300 LaPorte Avenue, Fort Collins, CO 80521, County of Larimer and State of COLORADO; and OFP Development Company, a General Partnership ("OFP"), whose address is 1313 Fairway Five Drive, Fort Collins, CO 80525, County of Larimer and State of COLOR -ADO. RECITALS: A. OFP is the fee simple owner of property known as the Bella Vira Development, as described and shown on Exhibit A, which is attached hereto and incorporated herein by this reference. B. The Board is the fee simple owner of the property immediately adjacent to and North of the Bella Vira Development. C. The City is the political subdivision responsible for the approval of the Bella Vira Development. D. All parties wish to cooperate on the conveyance of a Right -of -Way attached as Exhibit B, Non -Exclusive Permanent Easement attached as Exhibit C, and Temporary Construction Easement attached as Exhibit D, all of which are attached hereto and incorporated herein by this reference. Now therefore, in consideration of the mutual covenants set forth herein, the parties agree as follows: A. OFP'S OBLIGATIONS ARE: 1. OFP agrees to submit to City the Final Drainage and Erosion Control Report, Final Construction Drawings, Draft Easements and Right of Way Deed upon CSU's initial approval of such documents. If City requires or recommends changes to storm drainage or right of way documents, OFP shall resubmit documents, with completed changes for CSU final approval. 2. Upon City approval of draft Right of Way Deed, OFP agrees to pay the Board three thousand dollars ($3,000) as consideration for the Right -of- Way to be granted to the City. 3. Upon City approval of the easement document, OFP agrees to pay the Board two thousand dollars ($2,000) as consideration for of the permanent easement to be granted to the City. Page 1 of 5 ATTORNEY'S CERTIFICATION I hereby certify that the forgoing Deed has been duly executed as required pursuant to Section 2.2.3 (C)(3)(a) through (e) inclusive of the Land Use Code of the City of Fort Collins and that all persons signing this Deed on behalf of a corporation or other entity are duly authorized signatories under the laws of the State of Colorado. This Certification is based upon the records of the Clerk and Recorder of Larimer County, Colorado as of the date of execution of the deed and other information discovered by me through reasonable inquiry and is limited as authorized by Section 2.2.3(C)(3)(f) of the Land Use Code. Attorney Address Registration No. EXHIBIT B Page 2 of 4 PROPERTY DESCRIPTION Additional Rightof-Way (1 of 2) A parcel of land being pan of the Northeast Quarter (NE114) of Section Seventeen (17), Township Seven North IT.7N.), Range Sixty-nine West (R.69W.) of the Sixth Principal Meridian (6" P.M.), City of Fort Collins, County of Larimer, State of Colorado, and being more particularly described as follows: COMMENCING at the East Quarter Corner of said Section 17 and assuming the East line of said NEI/4 Quarter as bearing North 00°10' 18" East, being a grid bearing of the Colorado State Plane Coordinate System, North Zone, North American Datum 1983/92, with all other bearings contained herein being relative thereto; THEM E South 85°10'34" West along the South line of said NEI/4, a distance of 30.12 feet to the Westerly Rigbt-of-Way (ROW) line of Overland Trail and to.�3e POINT OF BEGINNING; THENCE continuing South 85°30'34" West along the South liaw distance of 284.74 feet to a Point of Cusp; THENCE along the arc of a curve concave to the NorthwgLski Istai curve having a radius of 249.50 feet a delta of 9°32 19 and(g '$[d 80°24'25" East, a distance of 41A9 feet to a Point of Tangency i THENCE North 75°38' 15" East, a distance of 177.38 feet to a Poi@I THENCE along the arc of a curve concave to the Southeast, a distan curve having a radius of 100.00 feet a delt4s5w 7°21'45" and a chord 79°19'08" East, a distance of 12.84 feet tdaF THENCE North 83°00'00" East, a distance oft feet to a PC THENCE ahe long tazc of a mav'�e��rrFpAc&ve to,h`. hteimest, a dista curve having a radius of 15.00 i55siy��', 82°49 nd a chord 41°35'09" East, a distance off feet THENCE South 89°49 &fitartce .00 feet''tFit1 W e1 Overland Trail; _ Thence along sarilstedy ROW yy the followmgla .THENCE Sout THENCE Sou[ BEGINNING. I, Lawrt that this ado Registered Professional Surveyor #33642 EURVEYORS, INC. Garden Drive Coloiadu 80550 (970) 686-5011 I NEl/4, a of 41.E ike� said ve CFO; at,12.85 feet saidt� of 21.68 fi t said u orth t�"iOW line of 1 courses and 44.59 feet; 2.65 feet to the POINT OF 1, and is subject to any rights -of -way or described parcel of land. ;ssional Land Surveyor do hereby state my personal supervision and checking, M:12004506\Legal and Closure12004506EXH-11AM EXHIBIT B Page 4 of 4 ADDITIONAL ROW EXHIBIT NE1/4, SEC. 17, T.7N., R.69W. (2 OF 2) .zaoocE.evxecroAznvm7uA✓s SLPNFAfFv!/;PHASE/3 EAST WARM NORTHEAST CORNER SECTION 17, T.' SECTION 17. UN- R69W. (BASIS OF BEARING) NO010'18*E 2639.77' POWT OF COM1 �— OVERLAND TML T' LINE TABLE LINE BEARING I LENGTH Li N63'00'00"E 1 25. ' L2 589'49'42" 20 L3 SOO10'1131W l 44.59' L4 I S 16'WW 1 2.65' 50 1 TABLE CORNER a CA This evhlbit drawing Is not intended to be a CENTER QUARTER CORNER I 8nted land aura y. It's ads purpose is as a SECTION 17. T7N R69W. #%prsesntatisn-to-aidin tns-aeudtaaM oL flan property dpeript'on which it ccampaniea. tten praperty description supersedes the drawing. KING SURVEYORS, INC. 650 Gasdsn Duvc I Wm3saS Colorado 80550 phone: (970) 686-5011 1 faa: (970) 68G5821 a, a m.Idngsuxaeyoza.com PROJECT NOc2004506 DATE: 12-6-06 CLIENT:JIM SELL DESIGN DWG:2004506EXH-11 DRAWN: STE CHECKED: LSP EXHIBIT B Page 3 of EXHIBIT C NON-EXCLUSIVE PERMANENT EASEMENT (9 PAGES) Non -Exclusive Easement Agreement This Non -Exclusive Easement Agreement (Agreement) is entered into this day of , 2007 by and between the Board of Governors of the Colorado State University System acting by and through Colorado State University, whose address is 309 Administration, Fort Collins, CO 80523 ('Board"), Grantor; and The City of Fort Collins, a Colorado Municipal Corporation whose address is 300 Laporte Avenue, Fort Collins, CO 80522.(`-`City"), Grantee. In exchange for the promises of the Board and the Grantee as set forth in other good and valuable consideration, the receipt and sufficiency of whit acknowledged, the parties agree to the terms herein. The Board grants and Grantee a permanent non-exclusive easement in gross ("Permanent Easemt the Board more particularly described and shown in Exhibit i"Easement attached hereto and are incorporated herein by this reference: The Perman4 described on Exhibit A is granted for the purpose�jof rttsl'hlling aM ,maintai 1.1. Access. During therm of t paragraph 2 herein, Grantee shall have acb4kat all construction, repair, and maintenance of A, Qte�li constructed under the City approved Bellatra 1.2. Constiu6l3orrtmentN0t rement and Hereby „ ey s to thd' Ater, the land of t .Exhibit A is isement a waterline. ;ment andsubject to all provisions in the Permanent Easement for N,,_ments ("Improvements") 1.3.:, Other Uses. Gitee acktinwledges that the Permanent Easement described in Exhibitf is ccpm tended to axpodate and will be subject to other specific easements in gross to r tli is rovidegW Grantee agrees to cooperate with the Board and the recipients of other easements }r7 the traction, installation, and maintenance of the 1 �t 2 n, Agreent of Grantee. In exchange for the Board's grant of the PermaneMt ante agrees to the following terms: 2.1. Survey. The Grantee agrees that all documents, plats and descriptions attached hereto a$: x—Mbits are the result of surveys not engaged by the Board and the Board assumes no responsibility for the accuracy of such surveys nor for damages resulting from inaccuracies. Upon Recordation Return To: EXHIBIT C Page 1 of 9 2.2. Environment and Character of Land. Any work or activity undertaken by Grantee in connection with this Agreement shall be so planned, designed and carried out as to interfere as little as reasonably possible with the character and appearance of the nearby land and the surrounding environment, including its aesthetic character. 2.3 Notice of Work. Except in cases of emergency and routine maintenance, Grantee shall use its best efforts to notify the Board or its representative bef&e undertaking any work or activity within the Easement Area. All access routes to the Ease4n nt Area for Grantee's repair, operation, or maintenance of easement area shall be by route ar routes reasonably designated by the Board. 2.5. Costs. The Board will not be responsible for any costs tucurred us'" ' connection with installation, construction, operation, restoration or maintenance of Improvements contemplated in this Agreement. ' 2.6. Restoration. After completioh. bf0p atf4on, repoperation, maintenance, or replacement work undertaken rrfconnectf,�# with this<tAgreement, the Grantee shall restore the Easement Area and any improvements theon to the condition immediately prior to such work, except that the Board shall be respdrt'sible for repair or restoration of any structures installed or permitted by the Board tt?at are d2daged or impaired by Grantee's reasonable exercise of its rights hereunder I"S4zttseguent htouring and re -vegetating, the Grantor shall have full possession and use othe easement pi{emises. r� , �. 2.7. Surface S'Nru'ctrtt`e i111 surface structures or devices, if any, must be approved by the Board, as per sectrdr2 abovand shall be so located as to present the least possible interferencejo the Board's use and pre se%vation of the value of the surface of the land. 2.8. aih6a e Grantee shall properly maintain the Improvements in connection with this Agroeirf "Lbard may, after written notice to Grantee, so maintain such hnnrciuetnents at Grifee's cost pon any failure by Grantee to properly maintain as Not Applicable. .10. . omuliance with Rules and Resulations. Grantee will comply with all P reasonable rules 4rid"regulations regarding the use of the Easement Area which have been or may be adopted by the Board, and published and announced to the general public in the Fort Collins area or to the Grantee in particular, but only to the extent such compliance does not unreasonably interfere with Grantee's use of the land as contemplated in this Agreement. 2.11. Removal of Access Routes and Work Areas. Routes of access to the Easement Area and work areas used for construction, repair, maintenance or removal shall be as few as necessary, and, after completion of any work, Grantee shall destroy and remove them, EXHIBIT C Page 2 of 9 restoring the land in the manner provided in paragraph 2.6. herein. Should Grantee fail to restore the Easement Area as required herein, the Board may, after written notice to Grantee, take such action necessary to restore the land, at Grantee's cost. 3. Rights Reserved by the Board. The Board reserves all rights (including mineral rights) in the Easement Area, other than those expressly granted in this Agreement, and the right to occupy and use it for all purposes that do not unreasonably interfere with the Grantee's rights granted herein. 3.1. Continuous Use Right of Entry for Condition Broken. 1111s Agreement is conditional on Grantee's continuous use of the Permanent Easement foi *_e,,pur tl`ses described herein, and if the Grantee shall cease to use the Permanent Easement for the=described put�oses, the Board shall have the right to re-enter the said unused premises and termini,1 h s Agreement after having given notice of the Board's election to so terminate in the manner speoi ed in this Agreement. To enforce this provision, the Board may, bur J�5=''tot required to.bring'an action for ejectment or an equivalent action.'_ 3.2. Sale Lease or Other Easement milkgrant 'card ma t other easements within the Easement Area, so long as Grantee's use"of the `asament Area is not unreasonably impaired. The Grantee shall not grant any asemenfS , n or other rights to use the Permanent Easement. M z 3.3. Right to Relocate. Tle Bold}reserves the right, at the Board's cost, to relocate this Permanent Easeuteatyd the hnroveritielats so long as such relocation does not adversely impact the purpose of telteiTagenEasemnt and the performance of said improvements. The Board shall con�tit w .a Grantee prior to any such relocation to minimize interference,with the opera, bu of the�` rantee's Improvements, and to ensure the purpose of the Pennaireirq E sement and` rovements is not adversely impacted. The Grantee has the right to inspec 146&�se all relocation work. 4 ti fir=;,,Other T `sand Con lions. The parties agree to the following additional terms and conditions. ¢ t' 'Prior 1 asements._This_P_ermanent_Easement _is -granted subject to all easements, rights-of-w, and other matters of record, and those previously granted and now in force and effect. The Board makes no warranties or representations as to matters of title. 4.2 Additional Use or Equipment. Use of the Permanent Easement for any purpose, equipment or facilities not specified herein shall require written consent of the Board, or its designee, and prior amendment of this Agreement, executed in the same manner as this Agreement. 4.3. Non -Assignability. This Agreement is not assignable by the Grantee. EXHIBIT C Page 3 of 9 4.4. Successors. Subject to the limitations on assignment set forth in paragraph 4.3 herein, this Agreement shall be binding on the parties' legal successors. 4.5 Third Party Beneficiary: It is expressly understood and agreed that the enforcement and conditions of this Agreement and all rights contained herein relating to enforcement, shall be strictly reserved to the Board and the Grantee. Nothing contained in this Agreement shall give or allow any claim or right of action whatsoever by any third person or entity. It is the express intention of the Board and the Grantee that any sucltpetson or entity, other than the Board or the Grantee, receiving services or benefits under,this Agreement shall be deemed an incidental beneficiary only. 4.6 Sovereign Immunity: Notwithstanding any other provision of this Agreement, no term or condition of this Agreement shall beGconstrued or inter ted as a -waiver, express or implied, of any of the immunities, rights, benefit, protection, or othsions of the Colorado Governmental Immunity Act, Section 2440=10i' , t se ., C R &, as new or hereafter amended. The parties understand and agree that liabrii�for claims for injuries to persons or property arising out of negligence of a phrty} i depafo ts, agents, officials and employees is controlled and limited by the prq signs of S tion 24=1 1T�I et s ., C.R.S. as now or hereafter amended and the risk managemet, statutes, Section YA=30-1501, et seq., C.R.S. as now or here after amended. 4.7. Rep parties designate the folloN for the delivery or mailing Representative for the md�Nbt" For thep poses of this Agreement, the as their r 6sentatives and list the following addresses with copy to: City MaalReal Estate Services Manager City off'Fort „ City of Fort Collins P.O. Boxi580 1 4G!IdY'° P.O. Box 580 Fort Collin#sv CO 80522 Fort Collins, CO 80522 ntative for tfie:,Board: with copy to: CSU R610 Estate Office CSU General Counsel 1415 $;;,College Avenue 01 Administration Building Foollins, CO 80524 Colorado State University "ItFort Collins, CO 80523-6030 Any notice required or desired to be given under this Agreement shall be delivered or mailed by certified mail to the addresses listed above. 5. Jurisdiction. The laws of the State of Colorado and the rules and regulations issued pursuant thereto shall be applied in the interpretation, execution, and enforcement of this EXHIBIT C Page 4 of 9 Agreement. Any provision of this Agreement, whether or not incorporated herein by reference, that provides for arbitration by any extra -judicial body or person or which is otherwise in conflict with said laws, rules and regulations shall be considered null and void. Nothing contained in any provision incorporated herein by reference which purports to negate this or any other special provision in whole or in part shall be valid or enforceable or available in any action at law whether byway of complaint, defense, or otherwise. Any provision rendered null and void by the operation of this provision will not invalidate the remainder of this Agreement to the extent that the agreement of the parties is capable of execution. 6. No Corrupt Influences. The signatories hereto aver C.R.S. 18-8-301 et sea. (Bribery and Corrupt Influences) and C.R. Public Office), as may be amended from time to time, and that no present. 7. No Beneficial Interest. The signatories lierd aver that to State employee has any personal or beneficial interest ithe prvpety des 8. Non -Appropriation. The parties" appropriation of funds sufficient therefor6%y the y are familiar with }0I of § . (Abuse of ci ,such provisions is ieu knowledge, no ibex herein. ;i. subject to the annual ine bodies. OF PkdE LEFT BLANK INTENTIONALLY EXHIBIT C Page 5 of 9 IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year written above. City of Fort Collins, Colorado, ATTEST: A Municipal Corporation r- Rv City Clerk The foregoing instrument was acknowledged before me this day of , 2007 by Bob Riauto, Vice President for Finance and Administration for the Board of Governors of the Colorado State University System. My commission expires Witness my hand and official seal. Notary Public EXHIBIT C Page 6 of 9 4. All work or activity undertaken by OFP on the property of the Board shall be so planned, designed and carried out in a manner consistent with the Non- exclusive Easement Agreement and Temporary Construction Easements (attached as Exhibits C and D), and so as to interfere as little as reasonably possible with the character and appearance of the Board's property and the surrounding environment, including its aesthetic character. All cost incurred in connection with any work, construction, restoration or maintenance contemplated in this Contract shall be borne entirely by OFP. OFP is responsible for payment for all inspections, surveys, and engineering reports or for any other work performed at OFP's request and shall pay for any damage which occurs to the Board's property as a result of such activity. OFP shall not permit claims or liens of any kind against the Board's property or the City's property for inspections, surveys, engineering reports and for any other work performed thereon at OFP's request. The provisions of this subsection shall survive the termination of this contract for default. 5. OFP agrees to construct the Right -of -Way such that any slope on the Board's property does not exceed a 4 to 1 ratio in steepness. B. THE BOARD'S OBLIGATIONS ARE: 1. Upon receipt of $3,000 from OFP, and a letter of verification of City approval of the Bella Vira project conditioned upon receipt by the City of acceptable deeds conveying all necessary easements and Rights of Way under item C(1) below, the Board agrees to convey, via Special Warranty Deed, to the City that certain real property ("Property") in the County of Larimer and State of Colorado as described on Exhibit B, pursuant to the terms and conditions set forth in this Agreement. 2. Upon receipt of $2,000 from OFP and a letter of verification of City approval of the Bella Vira project conditioned upon receipt by the City of acceptable deeds conveying all necessary easements and Rights of Way under item C(1) below, the Board agrees to grant to the City a Non -Exclusive Permanent Easement for construction and maintenance of a waterline as shown on Exhibit C. 3. Concurrently with the conveyance of the Permanent Easement referenced in Paragraph 2 above, the Board agrees to grant to OFP a temporary construction__ easement as shown on Exhibit D. 4. The Board has the right to approve the Storm Drainage Plan for the Bella Vira Development as it relates to and impacts the conveyance of storm water from the Board's property. Any modifications required or recommended by the City as part of the development process must be subsequently reviewed and approved by the Board or its representative. Page 2 of 5 ATTORNEY'S CERTIFICATION I hereby certify that the foregoing Easement Agreement has been duly executed as required pursuant to Section 2.2.3(C)(3)(a) through (e) inclusive of the Land Use Code of the City of Fort Collins and that all persons signing this Easement Agreement on behalf of a corporation or other entity are duly authorized signatories under the laws of the State of Colorado. This Certification is based upon the records of the Clerk and Recorder, of Larimer County, Colorado as of the date of execution of the Easement Agreement ,'k d, other information discovered by me through reasonable inquiry and is limited ae authorized by Section 2.2.3(C)(3)(f) of the Land Use Code. EXHIBTr C Page 7 of 9 PROPERTY DESCRIPTION EXHIBIT'A Utility Easement e142) A parcel of land being part of the Northeast Quarter (NEIA of Section Seventeen (17), Township Seven North (T.7N.), Range Sixty-nine West (R.69W.) of the Sixth Principal Meridian(6" P.M.), City of Fort Collins, County of Larimer, State of Colorado, and being more particularly descrriW as follows: COMMENCING at the East Quarter Comer of said Section 17 and assuming the East line of said NE114 Quarter as bearing North 00*10'12" East, being a grid bearing of the Colorado State Plane Coordinate System, North Zone; North American Datum 1983/92, with: all other bearings contained herein being relative thereto; THENCESouth85*1034" West along the South line of said NEV4, a 218.60;. THENCE North 04049'26" West perpendicular from said South lin4'$ feet to the POINT OF BEGINNING;' THENCE North 14°21"45' West, a distance of 10.00 feet; THENCE North 75°38"15' East, a distance of 20.00 feet; THENCE South 14021"45'East, adistanceof 10.00 t; THENCE South .75°38-15' West, a distance of 2¢t eet to the POINT OF BEGINNING. Said Parcel contains 200 sq. ft. mom or lekjt(-), and Other easements of record as now exisii3g'.t'& ,tP„dest I, Lawrence S. Pepek, a that this Property Descr and that it is true —and cc S;k -on 650 Garden Drive M:12004506%Legal and Closure12004506EXH_12.doc and do hereby state r and checking, EXHIBIT C Page 8 of 9 UTILITY EASEMENT I L"Y—WB11 1.A I I NEt/4, SEC. 17, T.7N., R.69W. r [za�21 SAODLEFILGE CVVO WWVIMS SVMEMf 712 PY,1S 19 EAST QUARTER CORNER NORTHEAST CORNER SECTION 17, 'T 7N., R.69W. rBECTON T.7N., R.69W. (BASIS OF BEARING) POINT OF COMMENCEMENT TY /17. NOCIC92'E 2639.75' — — 1 1 — OVERLAND TRAIL f. UNE TAE LINE SEARIN L1 N04191 L2 1414'21'4.' L3 N75'38'1! L4 S14 1'4: LS S7 38'1! 25 0 This exhibit drawing is not intended to he a tented land survey. It's sale purposeis 03 a : representation to aid in the visualization of itten property description which it accompanies, ittenproperty description supersedes the CENTER QUARTER CORNER4 SECTION 17, T.7N., R.69W. Q- KING SURVEYORS, DATE:11INC. PROJECT H6-05 506 650Guden Drive f Wmdsor,Coloxado R0550 CLIENT:JIM SELL DESIGN phone: (970) 68G-50.11 fac(970) 686-5821 DWG 2D04506EX4506EXH-12 mm.IdgPurveyors.com DRAWN: BTB CHECKED: LSP EXI3IBIT C Page 9 of 9 EXHIBIT D TEMPORARY CONSTRUCTION EASEMENT (9 PAGES) Non -Exclusive Temporary Construction Easement West Elizabeth Road Extension This Non -Exclusive Temporary Construction Easement (the "Agreement") is entered into this _ day of 2007, by and between the Board of Governors of Colorado State University System by and through Colorado State University, whose address is 309 Administration, Fort Collins, CO 80523 (the `Board") and OFP Development Company, a General Partnership, whose address is 1313 Fairway Five Drive, Fort Collins, CO 80525 ("Grantee"). RECITALS: A. The Grantee is the fee simple owner of that Development, as described and shown on Exhibit A, w herein by this reference. B. The Board is the fee simple owner oft e pr N of the Bella Vira Development. yA C. The Board wishes to allow than tee to ei grading and drainage improvements as spdeifi� the by the City of Fort Collins. ",L Now therefore, in as follows: know as the to and North the Board's property to complete Jira Development Plan as approved set forth herein, the parties agree Purpos In exchange 'P Of raises of t Board and the Grantee as set forth in this Agreement and other g od #r vao Pconsiderafion, the receipt and sufficiency of which are hereby ac'�ivledged, t Mies agree to the terms herein. The Board grants and conveys to the Grant*a non=exclusive t porary construction easement in gross over the land of the Board more 1� rticularly de, , and. shown in Exhibit B, ("Construction Easement"). Exhibit B is attacheche€dfii anamcottorated herein by this reference. 1.1 Pu '" ese. This Construction Easement is granted for the purpose of performing grading;Ard drainage improvements on Board property as specified in the city approved Bella Vita Development Plan. This easement shall allow for the City of Fort Collins or it's assigns to enter onto the property, if necessary, to perform or install any necessary erosion control measures, perform grading or construct improvements pursuant to the terms of the Development Agreement for the Bella Vira project. EXHIBIT D Page 1 of 9 1.2 Access. During the term of this Agreement and subject to all provisions in this agreement, Grantee shall have access at all times to the Construction Easement for construction, contouring and sloping of the ground in the Construction Easement area. 1.3. Agreement of Grantee. The Grantee agrees to install a 6 ft. high temporary construction fence suitable for detaining horses along the north boundary of this Construction Easement. During the duration of this Construction Easement, Grantee will assure that all fencing is properly installed and secured at all times during the term of the Construction Easement. Upon completion of the work described herein, Grantee agrees to install a permanent 6 ft. high chain link fence, equal to the quality and construction of the eisting fence, as close to the Board's property boundary as practical. Should grantee disturb ahY'btlier fencing during access or construction, Grantee will repair or replace such fencing immedi'Ll*,k .' !S� 1.4. Expiration. The Agreement shall exM- e upon comp. improvements to the West Elizabeth Road Extension, but uiy event not 2010. 1.5. Other Uses. Grantee subject to other specific easements in gross cooperate with the Board and the recipients Easement. 2. Agreement of Grantee. In Easement, Grantee agrees to tl fouowin€ 2.1. Survey. Tiikpta are attached hereto as exhibits are there expense for the purpt3 paQurveying thi Board assumes no resp hsiligg for the q damages resulting from�knaccut �a g and 30, Easement is iders.''Gfrdntee agrees to in its us of the Construction for the t�`oard's grant of the Construction s that all documents, plats and descriptions as veys engaged by the Grantee at its sole ies for the Construction Easement, and the of such survey obtained by the Grantee nor for "2.2. Environment and Character of Land. Any work or activity undertaken by Grte in connection witlf�#ai$, Agreement shall be so planned, designed and carried out as to interferfl onan possible with the character and appearance of the nearby _land and the surrounding environment, including its aesthetic character. k U� 2 3=.r„='Notice of Work. Grantee shall notify the Board or its representative 10 calendar days in a vance of the commencement of any work or activity within the Construction Easement. All access routes to the Construction Easement area shall be by route or routes reasonably designated by the Board. 2.4. Costs to be Borne by Grantee. All costs incurred in connection with any work, construction, restoration or maintenance contemplated in this Agreement shall be borne entirely by the Grantee. EXHIBIT D Page 2 of 9 2.5. Restoration. After completion of any work undertaken in connection with this Agreement (whether the work involves original construction or later repair, maintenance or demolition), Grantee shall restore the land and any improvements thereon to the condition immediately prior to such work. 2.6. Indemnification. Grantee agrees to indemnify, defend and hold harmless the Grantor against all liability, loss and expense and against all claims and actions based upon or arising out of injury or death to persons or damage to property, caused by any acts or omissions of Grantee, its successors, assigns, agents or contractors or'arising'out of Grantee's use of the Property. In the event that Grantee contracts for any worm'(o be p�rfgrmed on the Property, Grantee shall require its contractors and subcontractors to indemnif y,, defend and hold harmless Grantor, its employees and agents from any and„ all claims, dainh es and liabilities whatsoever for injury or death to persons or damage to property arising from file contractors' and/or subcontractors' actions or inactions. All contractorand subcontractors shall be required to abide by and follow the provisions of this easement.?, 2.7. Compliance with Ri reasonable rules and regulations regarding adopted by the Board, to the extent such cs Grantee's use of the land as contemplated 2.8. Removal Construction Easement and wa shall be as few as necessary,,," y, remove them, restoring the land 3. Right rights) in the Constn inconsistent with the .gulgUt)ns Gra ce w Tl comply with all the laAd which hdy,ebeen or maybe 6005lnot unreasonably interfere with 'or Areas. Routes of access to the on, repair, maintenance or removal y work, Grantee shall destroy and in paragraph 2.6. herein. Ord. a The Board reserves all rights (including mineral right to occupy and use it for all purposes not to the Grantee. " 'Other Tercaa and Conditions. The parties agree to the following additional terms and conditions; n r 4.1. �PhorEasements. This Construction Easement is granted subject to any and all previously granted easements, rights -of -way, licenses and conveyances, recorded or unrecorded. It ist Ctaftee's sole responsibility to determine the existence of any rights, uses or installations conflicting with Grantee's use of the Property hereunder.. Grantee agrees to not interfere with any use in the easement area by any other party under a previous grant. Grantee understands and agrees that Grantor makes no representations concerning ownership of nor warrants title to any of the Property. To the extent that this grant of easement may encroach on lands not owned or controlled by Grantor, Grantee assumes all responsibility for any such encroachment. EXHIBIT D Page 3 of 9 4.2. Additional Use or Equipment. Use of the Construction Easement for any purpose, equipment or facilities not specified herein shall require written consent of the Board, or its designee, and prior amendment of this Agreement, executed in the same manner as this Agreement. 4.3. Non -Assignability. This Agreement is not assignable by the Grantee. 4.4. Successors. Subject to the limitations on assignment set forth in paragraph 4.3 herein, this Agreement shall be binding on the parties' legal successo, 'or subsequent owners of fee title in the properties bound by this agreement. m 'p 4.5 Third Party Beneficiary: It is expressly understood attdd"greed that he enforcement and conditions of this Agreement and all rights contained herein, ielating to I"' enforcement, shall be strictly reserved to the Board and the°Grantee. Nothing containpd in this Agreement shall give or allow any claim or right of action Whatsoever by any third person or entity. It is the express intention of the Board and the Grantor that any such person or entity, other than the Board or the Grantee, receiving serees €ienefit5iunder thisA'greement shall be deemed an incidental beneficiary only. 1 ,+ 4.6 Sovereign Immunity Agreement, no term or condition of this A' express or implied, of any of the immunitia the Colorado Governmental Immunity Act; hereafter amended. The partiqkt_tderstand persons or property arising out°off' employees is controlled and limit( now or hereafter amended and the as now or here after amended. parties for the 1. any othdt provision of this construed or interpreted as a waiver, ;,;protection, or other provisions of ?4-10-1('% et seq., C.R.S., as now or �v that, liability for claims for injuries to ,, Vi' 'I - ts departments, agents, officials and s of Section 24-10-101, et seq., C.R.S. as statutes, Section 24-30-1501, et seq., C.R.S. fi 4.7. Iepresenl des an' Notice. For the purposes of this Agreement, the to the foltcly g perso 6s as their representatives and list the following addresses V or maihn& notices and other communications: John OF,P,D6velopment Company 13I3 Fairway Five Dr Fort Collins, CO 80525 Representative for the Board: CSU Real Estate Office 1415 South College Avenue EXHIBIT D with copy to: with copy to: General Counsel 01 Administration Building Page 4of9 Colorado State University Fort Collins, CO 80523-6009 Colorado State University Fort Collins, CO 80523 Any notice required or desired to be given under this Agreement shall be delivered or mailed by certified mail to the addresses listed above. 5. Jurisdiction. The laws of the State of Colorado and the rulesand regulations issued pursuant thereto shall be applied in the interpretation, execution, and' eriib'rcement of this Agreement. Any provision of this Agreement, whether or not incorporated herein by reference, that provides for arbitration by any extra -judicial body or person or,, is otherwise in conflict with said laws, rules and regulations shall be considered null and void. No irtg'cont ainetl m any provision incorporated herein by reference which purports to negate this or ether special provision in whole or in part shall be valid or enforceable anti available in any actnn at law whether by way of complaint, defense, or otherwise. Any pl`gvision rendered nulk and void by the operation of this provision will not invalidate the remamdet"o) this AgreeienYto the extent that the agreement of the parties is capable of execrifioik t MR ?aY 6. No Corrupt Influences. The srgnafoites het•tto aver that lltey are familiar with C.R.S. 18-8-301 et seq. (Bribery and Corrupt Influences) °and C.R.S. 18-8-401 et seq. (Abuse of Public Office), as may be amended from ttrete to time,'ar�that no violation of such provisions is 'a present. E , d 7. No Beneficial Interest The sinaton h0io aver that to their knowledge, no State employee has any person 4 $cra1nteresP#ii the property described herein. EXHIBIT D Page 5 of 9 IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year written above. OFP Development Company, Colorado The Board of Governors of the Colorado State University System, for the use and benefit of Colorado State University Print Name: Bob Rizzuto, Vice President Title: Administration ATTEST: i Bye_,, By: Donna Title: Dtt43 STATE OF COLORADO )` COUNTY OF LARIMER The foregoing instrumepht was acknoledgi'before me this day of 2007 byBob Rizzuto, Vice] esident for Finance and Administration Services., 4� My commissioh! q�S fires Witness my hand and official seal. 4 =u {N Notary Public STA I OF COLORADOss Y ) „. COUNTS OF LARIlVI1 R n ) sir The foregaing'nistrument was acknowledged before me this day of , , 2007 by as My commission expires Witness my hand and official seal. Notary Public EXHIBIT D Page 6 of 9 C. THE CITY'S OBLIGATIONS ARE: 1. In addition to the letter of verification required pursuant to B(1) above, to provide CSU with a letter indicating that documents submitted by OFP have been approved including the Permanent Easement, Construction Easement, Right of Way Deed, Drainage and Erosion Control Report and Final Development Plan Documents. 2. To accept and record upon receipt the Special Warranty Deed for the Right - of -Way. 3. To accept and record upon receipt the Non -Exclusive Permanent Easement for a waterline connection. 4. Upon execution of the deed by the Board of Governors of the Colorado State University System or its designee, acceptance of deed by the City Planning and Zoning Board, and issuance of the Development Construction Permit for the proposed work (and all this permit process entails) to OFP the City shall grant to OFP the right to occupy the property described in Exhibit `B" for purposes of constructing the Right -of -Way. THE BOARD, CITY, AND OFP MUTUALLY AGREE: 1. All documents, plats, legal descriptions and plans attached hereto as exhibits or otherwise provided by OFP, are based on surveys conducted by OFP or its agent and at its sole expense; the Board assumes no responsibility for the accuracy of such surveys or plans obtained or for damages resulting from any inaccuracies. Further, nothing contained in this Contract shall be construed to permit OFP to impact, via stone drainage or otherwise, any property of the Board adjacent to the Property transferred hereunder. 2. This Agreement constitutes the entire agreement between the parties and supersedes and cancels any and all prior contracts, agreements or proposals, whether written or oral, between the parties relating to the subject matter hereof except for the Development Agreement and Final Development Plan Documents between the City and OFP. 3. This Agreement shall be construed according to the laws of the State of Colorado and venue for any dispute hereunder shall be in the District Court of the County of Larimer, Colorado._ 4. For the purposes of this Agreement, the parties designate the following persons as their representatives and list the following addresses for the delivery or mailing of notices and other communications: Representative for the City: City Manager City of Fort Collins P.O. Box 580 Fort Collins, CO 80522 with copy to: Real Estate Services Manager City of Fort Collins P.O. Box 580 Fort Collins, CO 80522 Page 3 of 5 PROPERTY DESCRIPTION Bella Virg Subdivision A portion of Lot l; OFP Development M.L.D. according to the recorded plat thereof as recorded by the Latimer County Clerkand Recorder on April 13, 2000 as Reception No. 20000023858. located in the Southeast Quarter (SEU4) of Section Seventeen (17), Township Seven North (T.7N.), Range Sixty-nine West.(R.69W.) of the Sixth Principal Meridian (6th. P.M.), City of Fort Collins, County of Latimer, State of Colorado and being more particularly described as. follows: COMMENCING at the East. Quarter Corner of said Section 17 and assuming the North line of the. Southeast Quarter of said Section 17 as bearing South 85'10'34" West being a grid bearing of the. Colorado State Plane Coordinate System, North Zone, North American Datum 1983/92, with all bearings Herein relative thereto; THENCE South 8501034" West along said North line, a distance of 57.73 Right -of -Way (ROW) line of Overland Trail and to the POINT OF BEGI THENCE South 00016'54" West along said ROW line, a distance of 44.7# Lott of said OFP. Development M.L.D.;""'''tip.. Thence along said North line bvthe following Eleven (11) courses THENCE North 89043'06" West, a distance of 29.15 feet; THENCE North 56000'25" West, a distance of 24.69 feet; THENCE North 75 49 14"West, a distance of 41.63 feeu ' THENCE North 80 39 3T' West. a distance of 23 24 fe R % THENCE South 740431" West,adisianccafoo90�'eet A THENCE South 59 4404' West, a distanceofo1 46 feet " :11 , THENCE South 42o424" West, a distance of2q[pet; "� THENCE South 41 30 54" West, a drstence;;¢t'3� THENCE South 14 3512"WesL a dtstar�at'rof 19 34 THENCE South 012747" West, adtsteCl ,f7511 THENCE South 28 0� 16" East, adistance83 fee6t'to the South Me THENCE South 85 11'02 We ong said Si�, a distance of l9ok.'` Thence alongthe Westi,, dNortherly a of that portion ofsai the ownersof Lots 58 the Pondsati and Trail Secon, Three (3) courses and di r. . THENCE North 04 5Z'44" West, s f 15 00 fra+ :";;a,y THENCE South 80011'02" West, a flnand4'„ 3a 90 feed' the 0 Lot 1; line of Lot 1 Quit Claimed to Filing by the following THENCE Nortb7 ,tDm647' West, a dt,4tanccii � fefpfto the West line of said Lot 1; THENCEN:({,?j "{'„Fast alangdWestla distance of531:53feet to the North lineof said Southeast Q.varr' it �i{i�, THENCE North 85 0t#4a os'tst`I.orl North line, a distance of 2594.19 feet to the POINT OF BEGINNING. `'',,. 34.486 Pepek, a,Colorado Surveyor 433642 IONG. SURVEYORS, INC.. 650 Garden Drive Windsor, Colorado 80550 (970).686-5011 (+/-), and is subject to any n$htsof--way orather easements M:@0a4506U,W and Ck Um\S bSvinim'l C(H5-07)dw Pa,] oft Land Surveyor do hereby state that this Property utd checking, and that iris true and correctto the EXHIBIT D Page 7 of 9 PROPERTY DESCRIPTION Temporary Constnurion Easement (I of2) A parcel of land being part of the Northeast Quarter (NEI/4) of Section Seventeen (17). Township Seven North (T.7N.), Range Sixty-nine West (EL69W.) of the Sixth Principal Meridian (e PM.), County of Larimer, State of Colorado, and being more particularly described as follows: COMMENCING nt the East Quarter Comer of said Section 17 and assummnc the East line of said N'El/4 Quarter as bearing North 00010'18" East, being a grid bearing of the Colorado State Plane Coordinate System, North Zone, North American Datum 1983/92, with all other bearings contained herein being relative thereto; THENCE South 85010'34" West along the South line of said NEIA, a dis' 0�6f,30.12 feet to the POINT OF BEGINNING; THENCE continuing South 85*10"34' West along said South Irnc;',i )S4ance of 1876..23 feet: THENCE North 05008"13' West, a distance of 20.00 feet; "i. Mh :, s THENCE North 85010"34' East, a distance of 1591.60 feet to a Point of Curaiatitre (PC) THENCE along the arc of a curve concave to the Nort}awest, a distance of 38 21%g4, said ' .v curve having a radius of 229.50 feet a delta of 9 3Z;"�1'1l' and a long chord that be'iii Slorth r 80'24"25' East, a distance of 38.16 feet to a Point o gency (PT); $ r j, THENCE North 75938"15' East, a distance of M.igUftto a PC; ;1 THENCE along the arc of a curve concave to the South4g distance of 15.4*et said curve having a radius of 120.00 feet aattt„ing chord that t5r:�its North 79019"08' East, a distance of 15.41 f ` a 9[�,�ir °I� . THENCE North 83- 00"00' East, ai, fence of 25i cet F�y 7j)� THENCE South 89049'42' Ea" cc of 35. eet to the Wes��l�tghtaf--Way (ROW) line of Overland Thence along s6d4'ssterly RO 1 " ,hy'ithe following Tw3"(2) courses and distances: THENCE South 00 10 1Ax, distance of4 , feet; THENCE South 00 16 54 "�It ' 'tljstance of 2.8 i _*the POINT OF BEGINNING. , Said Parcel contains 43,252 sct. mordiA ess (+/-fiend is subject to any rigpts-of-way or other coij6 t5_of record asnpw exi ` ,;aid described parcel of land. I, Lawrence S. Pepe Colorak ""' Professional Land Surveyor do hereby state that this Property Des' poa dt my personal supervision and checking, ,. `',ijlgt It is true agd,co "tz tlf- ledge and belief. #33642 INC. sor, Colorado 80550 686-5011 M:1200450611.egal and Closum\2004506EXH_14.doe EXHIBIT D Page 8 of 9 TEMPORARY CONSTRUCTION E'jBIT NEi/4, SEC. 17, T.7N., R.69W. EASEMENT (2 OF 2) L St/PPI�A�'T4� EAST QUARTER CORNER NORTHEAST CORNER SECTION 17, T.7N.. R.69W. SECTION 17, T.7N., R.89W. (BASIS OF BEARING) POINT OF CCiiiwai "T — — + N00'10'18'E 2639.77' — _l — OVERLAND TRAIL '1O L6 � N POINT OF — — _ I 10 L7 BEGINNING TEMPORARY CONSTRUC77ON EASEMENT 43,252 SQXT. f 0993 AC LINE TABLE LINE BEARING LENGTH L1 510'34'W 30.127 L2 N05'08'13"A 0.00' L3 N7538'15'E 177.38' L4 N8 '0 ' . 3' L5 5891 'E 3 .6 ' L6 S0010'18'W 49.55 L7 016'S4'W CURVE TABLE CURVE LENGTH I RADIUS I DELTA CH2T4,T;j N C� G 38.42 ECt N C . 151 . 12000' ' 9'DB' Cs �i Ih Tlt i �IjAy W s N 31 g� Pun N OD N n 50 '+ — ca a ;n 00 � mtmtj.o NOTE: T exhioit dmWing is not Intended to be o monumehi ed land survey. It's is purpose is as a g( 1"representation to aid in the visualization of lwritten property description Which it ccaomponies. Written property description supersedes the ex ibit drowing. KING SURVEYORS, INC. 650 Garden Duv< I W mdwr, Colorzdo 80550 phone: (970) 686-5011 I Ess: (970) 686-5821 w IcuiBemveyors.mm EXHIBIT D �1 �1 CENTER QUARTER CORNER SECTION 17, T.7N., R69W. PROJECT NO:2004506 DATE: 12-14-06 CLIENT:JIM SELL DESIGN DWG:2004506EXH_14 DRAWN: BTB CHECKED:2 Page 9 of 9 Representative for the Board: CSU Real,Estate Office 1415 S. College Avenue Fort Collins, CO 80524 Representative for OFP: John Minatta OFP Development Company 1313 Fairway Five Dr Fort Collins, CO 80525 with copy to: CSU General Counsel 01 Administration Building Colorado State University Fort Collins, CO 80523-6030 Any notice required or desired to be given under this Agreement shall be delivered or mailed by certified mail to the addresses listed above. WHEREFORE, the parties have executed this Contract as of the date and year first above written. OFP Development Company A Colorado General Partnership City of Fort Collins, Colorado, A Municipal Corp ration By: City Manager APPROVE T ORM: By: D City ttorney ATTEST: A 4a By: City Clerklm�Pfa"IP15 ✓ Page 4 of 5 RECEPTION#: 20070018632, 03/12/2007 at 02:31:31 PM, 1 OF 7, R $36.00 Scott Doyle, Larimer County, CO TRAIL EASEMENT AGREEMENT (Bella Vira — The Ponds at Overland Trail) This Trail Easement Agreement is entered into by The Ponds at Overland Trail Homeowners Association, Inc., a Colorado non-profit corporation ("Association"), c/o Touchstone Property Management, 2850 McClelland Drive, Suite 1000, Fort Collins, CO 80525, and OFP Development Company, a general partnership ("OFP"), 1313 Fairway Five Drive, Fort Collins, Colorado 80525. Recitals A. The Association is the governing community association for The Ponds at Overland Trail, a residential common interest community ("Ponds"). B. The Association owns the open space real property legally described as Tract D, The Ponds at Overland Trail, Second Filing, City of Fort Collins, Larimer County, Colorado ("Association Property"). C. OFP is the owner and developer of the land lying north and east of the Association Property which, upon recordation of the Final Plat for such land, will be known as Bella Vira Subdivision (`Bella Vira Subdivision"). A legal description of the Bella Vira Subdivision (prior to recordation of the Final Plat) is attached as Exhibit A and incorporated by reference. D. As part of the development of the Bella Vira Property, OFP will construct a soft trail ("Trail") on the Association Property to provide a connection for the Bella Vira Subdivision to the Ponds open space trail system. The location of the Trail is depicted on the map attached as Exhibit B and incorporated by reference. E. By this Agreement the parties wish to set forth their understanding regarding the construgtion, use and maintenance of the Trail. Agreeme In consideration of the mutual promises contained in this Agreement and for other valuable consideration, the receipt and sufficiency of which are acknowledged, the parties agree as follows: 1. Incorporation of Recitals. The above Recitals are incorporated as substantive terms in this Agreement. 2. Effective Date. This Agreement shall be effective upon recordation of the Final Plat for the Bella Vira Subdivision ("Plat") with the Clerk and Recorder of Larimer County, Colorado ("Clerk and Recorder"). Atter recording, return to: Richard S. Gast, Myatt Brandes & Gast PC 323 S. College Avenue, Suite 1, Fort Collins, CO 80524 3. Permanent Easement. Subject to the terms of this Agreement, the Association grants and dedicates to the public a permanent, non-exclusive easement ("Easement") for the Trail. The legal description of the Easement is the same as the legal description of the Trail appearing on Exhibit B. The purpose of the Easement is to provide pedestrian access to the public across the Trail. Temporary Construction Easement. 4.1 Qmtof Temporary Construction Easement. The Association grants to OFP a temporary construction easement in, over and across that portion of the Association Property extending out 10 feet on either side of the Trail ("Temporary Construction Easement"). 4.2 11m of Tempgrary CgaMction Easement. OFP may use the Temporary Construction Easement for purposes reasonably associated with construction of the Trail, except that the Temporary Construction Easement shall not be used as an equipment staging area or a construction field office. 4.3 Restoration. Immediately upon completion of the Trail construction, OFP shall reseed the vegetation in the Trail vicinity, and repair any areas disturbed as a result of the construction, and otherwise restore the ground surface to its condition prior to the Trail construction (with the exception of the Trail itself). 4.4 Term of Tem op racy Construdion Easement. The Temporary Construction Easement shall commence on the effective date of this Agreement and terminate upon the earlier of (a) completion of the Trail construction, or (b) three years after the effective date of this Agreement. 5. Trail Const ction. OFP shall pay all costs associated with designing and constmeting the Trail. The Trail materials, size and overall appearance shall be similar to the existing Ponds trail system. In addition, OFP will construct a dog waste collection station ("Dog Station") adjacent to the Trail on Bella Vira Subdivision northeasterly of the Association Property. OFP's design and construction of the Trail and the Dog Station shall comply with all construction standards and other requirements imposed by the City of Fort Collins, Colorado. 6. Use Restrictions. Use of the Trail shall be subject to all restrictions set forth in the Declaration of Covenants, Conditions and Restrictions of The Ponds at Overland Trail recorded with the Clerk and Recorder on December 29, 1997 at Reception No. 97087111, as well as any Rules and Regulations adopted from time to time by the Association's Board of Directors (collectively, the "Restrictions"). The Association reserves the right, in addition to any other rights and remedies, to close or restrict usage of the Trail if the Restrictions are violated. If the Association chooses to close the Trail, it shall terminate this Agreement as provided in Section 10 below. 7. Maintenance and Repair. For one year after substantial completion of the Trail, OFP shall be responsible, at its sole cost, for maintenance and repair of the Trail and the Dog Station so that the Trail and Dog Station are fully functional and aesthetically attractive. After that one year period, (a) the Association shall be responsible, at its sole cost, for maintenance and Me (Ma W7) f repair of the Trail so that the Trail is fully functional and aesthetically attractive, and (b) OFP and its successors shall be responsible, at their sole cost, for maintenance and repair of the Dog Station so that the Dog Station is fully functional and aesthetically attractive. Notwithstanding the foregoing maintenance and repair provisions, if any damage to the Trail or the Dog Station is caused by a user of the Trail, that user shall be responsible for all costs of the Association to repair the damage, including any costs of collection and reasonable attorneys' fees incurred by the Association or OFP as a result of such damage. 8. Indemnification. OFP shall indemnify and hold the Association harmless from and against any and all claims, demands, suits, damages, losses, costs and expenses (including reasonable attorneys' fees) arising out of the design and construction of the Trail (including, without limitation, any mechanics lien claims), as well as maintenance and repair of the Trail by OFP. 9. Prior Drainage Easement. OFP previously granted the Association a Drainage Easement on the Bella Vira Subdivision, which Easement was recorded with the Clerk and Recorder on August 5, 1999 at Reception No. 99070119, as amended by the Revised Easement recorded with the Clerk and Recorder on January 7, 2000 at Reception No. 2000001630, and as further amended by the Grant of Easement and Amendment to Easement recorded with the Clerk and Recorder on October 17, 2003 at Reception No. 2003-0132384 (collectively referred to as the "Association Easement"). Upon recordation of the Plat for the Bella Vira Subdivision, the Association Easement will become part of a blanket drainage and access easement ("New Drainage Easement"). At a future date, the parties may agree in writing to vacate the Association Easement if the Association is satisfied that drainage needs for the Ponds will be adequately served by the New Drainage Easement. In any event, and whether or not the Association Easement is vacated, as additional consideration for the Association granting the Trail Easement under this Agreement, OFP releases and discharges the Association from any obligation to maintain the Association Easement and related improvements. Instead, all such maintenance obligations relating to the Association Easement shall be performed by OFP and the successor homeowners association for Bella Vira Subdivision. 10. Termination. This Agreement and all easements created under this Agreement may be terminated by either party giving the other party 45 days prior written notice of termination. Upon termination, the terminating parry shall record a notice of termination with the Clerk and Recorder. 11. Notice. Any notice required or allowed under this Agreement shall be in writing and shall be either hand deiivered or sent via first class mail, postage pre -paid, addressed to the party at the address appearing in this Agreement, or such other address as the party may have given notice of to the other party. If hand delivered, the notice shall be effective upon delivery. If mailed, the notice shall be effective three days after being deposited in the mail. 12. Runs With the LandlBinding Effect. This Agreement nuns with the land and shall be binding upon and inure to the benefit of the parties and their respective successors and assigns. This Agreement shall be recorded with the Clerk and Recorder. MB (YW=7)) Date: STATE OF COLORADO ) ss. COUNTY OF LARIMER ) The Ponds at Overland Trail Homeowners Association, Inc., a Colorado non-profit corporation By: J'l c.-11� F'� Nancy Eckardt, President Acknowledged before me day of February, 2007, by Nancy Eckardt, as President of The Ponds at Overland Trail Homeowners Association, Inc., a Colorado non-profit corporation. Witness my hand and official seal. My commission expires: y Notary Public Date: STATE OF COLORADO ) ss. COUNTY OF LARIMER ) OFP Development Company, a general partnership By: Minatta, General Partner Acknowledged before me this RZday of February, 2007, by John Minatta, as General Partner of OFP Development Company, a general partnership. Witness my hand and official seal. My commission expires: ,. c f c1WMOOW51lemP�YIvtemn F O1 LK333SEi =A®muan FVN L03M� 5 EXHIBIT A TO TRAIL EASEMENT AGREEMENT (Bella VIra — The ponds at Overland Trail) BETWEEN THE PONDS AT OVERLAND TRAIL HOMEOWNERS ASSOCIATION, INC. AND OF? DEVELOPMENT COMPANY Bella Vira Property Description A portion of Lot 1, OFP Development IVLL.D. According to the recorded plat distant.` as recorded by the Latimer County Clerk and Recorder on April 13. 2000 As Reception No. 20DO0023858, locazed in the Southeast Quarter (SEI l4) ofSecifon Seventeen (17), Township Seven Nardi (T.7N.), RwWo SIVY-nine West (R.69W.) of the Sixth Principal Maddian M p_4L), City of Fort Collins, County- t of Latimer. State of Colaredo and being 11110r0 pattimbUrly described As follows: COMMENCING at the Fes[ ! Qn U Cotner of said Section 17 and aatmtiog the Nord, linaofthe Southeast Quarter ofsaid Section [7 as boating South 85a1034" West being a grid bearing of the Culorado State Plane Coordinate Syateta North Zone, North Anwiratt Dattnn 191t3/92, with all bearings herein relative tberefo; THENCE South 85" 1034" West along said North line, a distytce of 57.73 feat to the Westarly Right -of --Way (ROW) line of Overland Trail and to the POINT OF BEGINNING; THENCE South 00a 16'54" West along said ROW line, A distance of 447.0o feet to the North Liao of I.nt2 Of said OFP Development MD.; Thence along said North line by the following Eleven (i 1) courses And distances: 714CNCE North 89a43'06" Weat o distance of 29.15 feet; THENCE North 56eDO25" Wcs4 a distance 01`24.69 feet j THENCE North 75"49'14- West, a distance of 41.63 feet; i THENCE North 8539'37" West, a distare;e of 23.24 let THENCE South 74"04'37" Wcs4 a distance of22.90 feet THENCE South 59`441041 West, a distance ef21.46 fact; l THENCE South 42"3424' Wast, a distance of20.00 feet; THENCE South 41 "30'54" West, a distance of 36.60 feet; THENCE South 14*36'12" West, a distance of 19.34 feet; THENCE South 01 S2747" West, a distant" of 75.11 f:w, THENCE South 21i'lol16" East, a dlstanee of43.83 fret to the South line of said Lot 1; THENCE South 85a1 1'02" West Minns Said South lice, a distance of I gol.51 fear Thence along the Westerly and Northedy Il Im of that portion of said W 1 Quit Claimed to the owners of Lots .58 Hires 63 of the ponds At Overlead Trail Second Filing by the rolt6iving Three (3) courses a.A distances: THENCE North 04a5244" West, A distance of 15.00 feet ' THENCE South 95011'02" West, a distance of 435.90 feet; THENCE North 60"06'47" West, a distance of 89. 12 feet to the West lira of said Lot 1; THENCE North 00.16'41"East along add West fine. o distance of531.53 feet to the North lino of said Southeast Quaver; THENCE North 85*1 W34" East elms said Noah line, a distance of2594.19 feet to the POINT OF aM- INNING. Said Pamel contains 34.486 acres mom or lass W-1 And is subject to Any rights•or- y or other"wMena of Feenrd as nova existing en wld described pucel of inud. EXMIT B TO TRAM EASEMENT AGREEMENT (Bella Vlra — The Ponds at Overland Trail) BETWEEN THE PONDS AT OVERLAND TRAIL, HOMEOWNERS ASSOCIATION, INC. AND OFP DEVELOPMENT COMPANY May of Trail ela .�; ToU Proosed p a V : Trail : r AAgnrtient :: ,° Tract 7239 acrres L Drainag9 91id Amass �mx»�sar. ovmu�rea¢a �� Easement Na t ca TRAL AUSINEW hb f� llNrl scue: r=ea ^� t The Board of Governors of the Colorado State University System Acting by and through Colorado State University By__- �- 7- Bob Rizzuto Vice President for Finance and Administration APPROVED: ,-- onna Aurand Deputy General Counsel Page 5 of 5 EXHIBIT A BELLA VIRA DEVELOPMENT PROPERTY (1 PAGE) PROPERTY DESCRIPTION Bella Vira Subdivision Aportion of Lot 1; OFP Development M.L.D. according to the recorded plat thereof as recorded by the Latimer County Clerk: and Recorder on April 13, 2000:as Reception No. 20000023858. located in the Southeast Quarter (SE1/4) of Section Seventeen (17), Township Seven North (T.7N.), Range Sixty-nine West.(R.69W.) of the Sixth Principal Meridian (6th P.M.), City of Fort Collins, County of Latimer, State of Colorado and being more _particularly described as. follows: COMMENCING at the East: Quarter Comer of said Section 17 and assuming: the North line of the Southeast Quarter of said Section 17 as bearing South 85°1.0'34" West being a grid bearing of the. Colorado State Plane Coordinate System, North Zone, North American Datum 1983/,A'',}w7th all bearings herein relative thereto; _ _ THENCE South South 85°I0'34"' West along said North line, a distance of 57.73 fgtl'�h the Wester Right -of -Way (ROW) line of Overland Trail and to the POINT OF BEGIS06G , THENCE South 000I654" West along said ROW line, a distance of 447 00 f4ltt,,the NOOrline. of W Lot 2 of said OFP Development M.L.D.; i 'tom Thence along said North line by the following Eleven (11) courses and distancj;;,, North 89043'06" West, a distance of 29.15 feet; THENCE North 56°00'25" West, a distance of 24.69 feet - THENCE THENCE North75°49'14" West, a distance of41.63feet; THENCE North 80039 37"West. a distance of 23.24 f THENCE South 74°04 07' West. a distance of 22 9Ct 1 THENCE South. 59044 04" West, a distance of 21,feet Iijtji j THENCE South 4203424" West, a distance of, DO feet THENCE South 41 °3054" West, a distance of`3,>f0 feet ups } THENCE South 1403612" West, a distance of 14 get THENCE South 01 °2747" West, a dij*jj, f 70 17 k THENCE South 289316" East, a dtstatt 13 83 feat a South line of said Lot 1; THENCE South 8501102" West along a at# ;lme, a d�ce of I901.51 feet; Thence along the Westerly and No'lysoftha'f' on of said Lot .IQuit Claimed ;to the owners of Lots' b3 of the 1?opds ai�i, andSecond Filing by the following Three (3) courses - _, THENCE North-04°5244 a` of Ofeet' THENCE South 85°1I 02 Wesf fp,4 0 feet; THENCE North °D647 West ce of feet to the West line of said Lot l; THENCEWest line, adistance of 531-53 feet to the North line of e'1+' ''_fit+. THENCE North °IO 34" sazd'Ttirth line, a distance of 2594.19 feet to the POINT OF BEGINNLY'G. ` `°. <U`.� 'td i'PW' I contains 34'A8'acres more or less (+/ ), and is subject to any rights -of -way or other easements record as now :existi"' . said described parcel of land. I Land. Surveyor do hereby state that this Property and checking, and that itis true and :correct to: the rce S. Pepek - oh be f�rf King.Sury Inc. Registered Profess............,p o,do �i`JNR�- - Land Surveyor 933642 KING SURVEYORS,_ INC. 650 Garden Drive Windsor, Colorado 80550 (970) 686-5011 M.W*4506\Ltp1wdCm.=tsutrasiri°gl°euti=is•aisdoo a";c r°ei Page 1 of 1 EXHIBIT A EXHIBIT B RIGHT-OF-WAY DEED (4 PAGES) SPECIAL WARRANTY DEED/ Deed of Dedication for Right -of -Way KNOW ALL MEN BY THESE PRESENTS: That the undersigned Board of Governors of the Colorado State University System acting by and through Colorado State University, being the owner of certain real property in Larimer County, Colorado legally described at Reception No. 68553 and recorded in Book 160 Page 137 in the Larimer County Records, in consideration of Ten Dollars ($10.00) in hand paid, receipt of which is hereby acknowledged, and other good and valuable consideration, does hereby dedicate, transfer, and convey to the City of Fort Collins, Colorado, a Municipal Corporation, for public use forever a permanent right-of-way for public street purposes in the City of Fort Collins, County of Latimer, State of Colorado, more particularly described and shown on Exhibit," A17attached hereto and by this reference made a part hereof. It is understood by the undersigned that, by acceptance of this dedication, the Ci*of Fort Collins will not accept the duty of maintenance of such right-of-way until permanen$'tmproverrt(ecnts have been made and accepted by the City. ; v'V 200� by Notary Public Accepted by the City of Fort Collins on the _ day of 200. City Clerk EXHIBIT B Page 1 of 4