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HomeMy WebLinkAboutPROSPECT II - Filed DA-DEVELOPMENT AGREEMENT - 1984-07-10PROSPECT II PUD AMENDMENT AGREEMENT NO. 1 THIS AGREEMENT, made and entered into this tow— day of � � , 1984 by and between the CITY OF FORT COLLINS. COLORADO, a municipal corporation (City), and I'NVESTWEST PROPERTY CORP., a Colorado corporation (Developer), is an amendment to that certain Development Agreement dated the 27th day of February, 1984, by and between the parties hereto. By this Agreement, the aforesaid Development Agreement is hereby amended in the following particulars: Paragraph 2.B. is amended as follows: 2.B. Streets. 1) Prior to the release of building permits, the Developer must submit to the City for approval, a construction schedule for the cono Prosct struction signed thcontract improvements the t construction of all required improvements to Prospect Road. 2) All improvements to Prospect, including the required Off -site improvements shall be completed prior to the release of certificates of occupancy for the following buildings: F, G, H, J, K, L, M, N, P, R, S, T, W, X, Y, Z, or two years from the date of issuance of first building permit, whichever should first occur. IN WITNESS WHEREOF, the parties hereto have_ set their hands the day and year first above written. ATTEST: sty er APPROVED: ity Attor ey �2 irector of Public W ks CITY OF FORT COLLINS a municipal corporation By: 41ty nager �- INVESTWEST PROPERTY CORPORATION a Coa 0 corporation ce President (CORPORATE SEAL) AMENDMENT AGREEMENT #2 PROSPECT II P.U.D. ADDENDUM This Addendum dated the / day of UL , 1984, by and between the City of Fort Collins, Colorado, a municipal corporation, hereinafter referred to as the "City", and Investwest Property Corporation, a Colorado corporation, hereinafter referred to as the "Developer", amends that certain Development Agreement dated the 27th day of February, 1984, by and between the City of Fort Collins and Investwest Property Corporation as follows, to wit: Section 2(A), Special Conditions: Storm Drainage Lines and Appurtenances is hereby amended to read as follows: 2. Special Conditions. A. .Storm drainage line and appurtenances. All storm drainge facilities shall be completed by the Developer and approved by the City prior to the release of more than five Certificates of Occupancy. All other provisions of that agreement dated the 27th day of February, 1984, shall remain in full force and effect unless otherwise agreed upon by said parties in writing. WHEREFORE, the parties hereto have set their hands and seals the day and date first above written. CITY OF FORT COLLINS, COLORADO, A Municipal Corporation i By. City Manager ATTEST: kl�A-\ 11�� (\ �, (\- � - City Clerk APPROVED AS TO FORM: ity Attorney City Engineer EXHIBIT "B" The Development Agreement for. Prospect II COST ESTIMATE FOR MAJOR DRAINAGE IMPROVEMENTS Include only those major storm drainage basin improvements required by an adopted basin master plan. ITEM DESCRIPTION QUANTITY UNIT COST TOTAL COST 1• Storm sewer, manholes, end sections, etc. 2. (a) 4 x 2 Precast Box Culvert (b) (c) 4 x 2 C.I.P. Bend (d) 4 x 2 headwalls (e) 3 e x 4 Box Drainageway Crossing 230 L.f. _ 7_2 /L.f. $16,560 * L.f. /L.f. $ 1 1340 '� Ea. Ea. $ * Ea. = Ea. $ 850 * LS 27700 $ 27,700 Sub -Total 1-7/ Larimer 02 outlet storm sewer $ 46, 450 w/o Larimer #r2 outlet storm sewer Channel excavation, detention pond excavation and r1prap (a) D`.iU = RIPI.P.P 700 C.Y. S /C.Y. s 12,600 (b) Imported Fill 5600 C.Y. $ 7, 0 /C.Y. $ 60,200 (c) Bedding for ip Rap 50 �.Y. � 1,150 ' 4.15 C.Y. $ 4,770 Sub -Total s 77,570 * Cost associates with installation of Larimer #2 outlet minor storm system. It is proposed that construction on this item be defered at this tirie. EXHIBIT B - Page 2 ram, E5 ITEM DESCRIPTION QUANTITY UNIT COST TOTAL COST 3. Right-of-way & easement acquisition' (a) done, already dedicated S.F. $ /S.F. $ s (b) Ac. t /Ac. $ i Sub -Total 4. Professional Design (a) Drainage design and detailing and construction surveying. 5. Other (a) (b) (c) 5,400 Lump Sum Total estimated cost of Storm Drainage improvements eligible for credit or City repayment Prepared by: Hill Blackwell Title: Project Engineer Address: Enaineerincr Professionals , Inc. 2625 Redwing Rd., Suite 110 Fort Collins, Co. 00526 * Cost if construction of Larimer 42 outlet minor storm system is not postponed. S $ 5,400 E1in,A-7n 129,a20