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HomeMy WebLinkAboutBloom Filing Three - Filed DA-DEVELOPMENT AGREEMENT - RECEPTION#20250039823, 8/28/2025 1:39:45 PM,1 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO DEVELOPMENT AGREEMENT BETWEEN THE CITY OF FORT COLLINS AND PEDCOR INVESTMENTS, A LIMITED LIABILITY COMPANY AND PEDCOR INVESTMENTS — 2023 — CLXXXVI, L.P. THIS DEVELOPMENT AGREEMENT (the "Agreement") is made and entered into on the date of the last signature below, by and between the CITY OF FORT COLLINS, COLORADO, a Municipal Corporation, hereinafter referred to as the "City;" and PEDCOR INVESTMENTS — 2023 — CLXXXVI, L.P., an Indiana limited partnership, hereinafter referred to as the "Developer;" and PEDCOR INVESTMENTS, A LIMITED LIABILITY COMPANY, a Wyoming limited liability company, hereinafter referred to as the "Owner." WITNESSETH: WHEREAS, the Developer has entered into an agreement with the Owner to acquire ownership of certain real property situated in the County of Larimer, State of Colorado, (hereafter sometimes referred to as the "Property" or, in context with the proposed improvements, as the "Development"), which Property is subject to a restrictive covenant as provided in Special Warranty Deed recorded on January 21, 2025, at Reception Number 20250002390 in the records of the Larimer County Clerk and Recorder, and legally described as follows: Bloom Filing Three, being a replat of Tract EE of Bloom Filing One, located in the southwest quarter of Section 9, Township 7 North, Range 68 West of the 6th P.M., City of Fort Collins, County of Larimer, State of Colorado. WHEREAS, the Development is known to the City as Bloom Filing Three, ID# FDP250003; and WHEREAS, the Property is subject to that certain Agreement to Secure Public Benefits for Mulberry Development as Provided in Service Plan for Mulberry Metropolitan District Nos. 1 through 6, dated June 1, 2021, recorded on August 15, 2022, at Reception Number 20220050896 in the records of the Larimer County Clerk and Recorder (the "Public Benefits Agreement" or "PBA"), which requires Mulberry Development, LLC (the "Master Developer") and its successors, grantees and assigns to provide certain Public Benefits as defined and required in the PBA; and WHEREAS, on January 14, 2025, the Master Developer, City, and Owner entered into that certain Contract Regarding Restrictive Covenants and For-Rent Required Affordable Units, recorded on January 17, 2025, at Reception Number 20250002280 in the records of the Larimer County Clerk and Recorder, which transferred certain of the 1 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,2 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO Master Developer's obligations to the Developer regarding the provision of required for- rent affordable housing units under the Public Benefits Agreement; and 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 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 Property 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 development of 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 as follows: I. General Conditions A. The Recitals set forth above are hereby incorporated in and made a part of this Agreement by this reference. B. References to the City Code, Land Use Code, or other laws, regulations, or rules shall include subsequent amendments thereto or adopted laws, regulations, or rules intended to replace or otherwise supersede prior laws, regulations, or rules. This project was reviewed and approved under the Transitional Land Development Regulations. The Land Use Code references in this Agreement correspond to sections of the Transitional Code. Notwithstanding, the foregoing language is not intended to alter or otherwise affect valid vested rights except as may be provided for in § 24-68-1057 C.R.S. The term "City Code" used herein shall mean the "Code of the City of Fort Collins," and the term "Land Use Code" means the City of Fort Collins Transitional Land Development Regulations. The City Code, Land Use Code, and City policies and plans under which this Development is reviewed apply, and any updated codes apply to any subsequent amendment to this Agreement. C. The terms of this Agreement shall govern all development activities of the Developer pertaining to the Property. For the purposes of this Agreement, "development 2 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,3 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO activities" shall include, but not be limited to, the following: (1) the actual construction of public and private improvements, (2) obtaining a permit therefor, or (3) any change in grade, contour, use or appearance of the Property caused by, or on behalf of, the Developer with the intent to construct improvements thereon. D. Except as otherwise herein specifically agreed, all water, sanitary sewer, and storm sewer lines, collection lines, facilities, and appurtenances, and all streets, curbs, gutters, sidewalks, bike paths, and other public improvements required by this Development shall be paid for and installed by the Developer 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 year time limitation from the date of approval of the Final Development Plan Documents, as such limitation may be extended pursuant to the Land Use Code. If the Developer commences or performs any construction pursuant hereto after the passage of three years from the date of approval of the Final Development Plan Documents, 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. E. Unless otherwise approved by the City in its sole discretion, 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, sidewalk, 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 660 feet from a single point of access, unless the structures contain sprinkler systems that are approved by the Poudre Fire Authority. F. Any water lines, sanitary sewer lines, storm drainage lines, electrical lines, and/or streets described on Exhibit A, attached hereto and incorporated herein by reference, 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 Agreement. G. Street improvements shall not be installed until all utility lines (or conduits therefor) 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. 3 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,4 of 43,543.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO H. 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. I. Unless authorized by the City in writing and pursuant to law, the public right- of-way shall not be used for staging or storage of materials, equipment, or construction debris ("Staging") associated with the Development, nor shall it be used for parking by any contractors, subcontractors, or other personnel working for or hired by the Developer to construct the Development. The Developer shall find a location(s) on private property to accommodate any necessary Staging and/or parking needs associated with the completion of the Development. Information on the location(s) of these areas shall be provided to the City as a part of the Development Construction Permit application. J. Developments constructed with privately maintained streets shall be constructed to the same design standards as those constructed on similar public rights- of-way. 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 Final Development Plan Documents. 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. K. All storm drainage facilities shall be designed and constructed by the Developer so 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's 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. No language in this Subsection shall be construed or interpreted as establishing in any way the City's liability for any act or omission and the terms of this Subsection solely relate to 4 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,5 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO the Developer's obligation to indemnify and hold harmless 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 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. L. The Developer shall provide the City Engineer with certified Record Plan Transparencies ("as-built drawings") by electronic file 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. M. The Developer specifically represents that to 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 and requirements, including solid waste requirements, as defined by the U. S. Environmental Protection Agency Regulations at 40 C.F.R., Part 261. The Developer further represents that the property as is dedicated to the City pursuant to this Development, is in compliance with all requirements pertaining to the disposal or existence in or on the 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. This indemnity and hold harmless agreement applies to damages or liability 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. 5 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,6 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO 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 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 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. N. 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 Agreement waive) its rights as property owner. The City's rights as owner of the City Property 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. O. If the Developer or contractor or any agent or representative thereof causes damage to any public infrastructure (including without limitation, any surface pavers, flagstones, or other stone or concrete surfaces, planters, street and decorative lights, or canopies) such damage shall be promptly repaired with the same kind, quality, color, serviceability and material composition aspects as was possessed by the infrastructure damaged, unless otherwise expressly agreed to by the City in writing. P. Future development of any lot(s) within the Property shall require the Developer or its successor(s) in interest to enter into a new development agreement(s) with the City governing the development of such Iot(s). The Developer or its successor(s) in interest and the City may enter into a new development agreement(s)without amending this Agreement and without the consent of other parties to this Agreement other than the City, as long as the new development agreement(s) does not alter or otherwise contradict the provisions of this Agreement that are applicable to the other parties. Q. A determination of adequacy for the supply of potable and non-potable water, where applicable, has been found by the City based on evidence and information provided by the Developer and the water service provider, as required by the Land Use Code. Any change in the water supply or demand (i.e., changes in land use or 6 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,7 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO landscaping) may be subject to revision of that finding, and a review of the water supply requirements by the water service provider. R. Before final acceptance of improvements and release of final guarantee, the Developer shall ensure that all land, improvements, and facilities intended to be owned, operated, and maintained by one or more owners associations or metropolitan districts, are fully conveyed to the appropriate entity. With such conveyance, a copy of all final or as-built drawings for any development, construction, building, and landscaping plans, and operations and maintenance plans, manuals, and other information shall be provided by the Developer to said entities, to include but not be limited to: stormwater facilities, private drives, parking areas, open space, parks, trails, natural hazard buffer zones, and irrigation systems. S. Landscaping watering and maintenance in public right-of-way shall be the responsibility of the Developer. II. Special Conditions A. Public Benefits Agreement The City and the Master Developer previously entered into the Public Benefits Agreement, which requires the Master Developer to fund, develop, construct, and/or install certain Public Benefits as defined and required in the PBA. Further, in accordance with the introductory provisions of the PBA, the "timing and requirements related to the provision of certain of the Public Benefits ... shall be delivered through approved Final Plans and related Development Agreements entered into as part of the development review approval of each phase of the Project." Under the Public Benefits Agreement Subsection II.C., the Master Developer's PBA obligations run with the Property and are binding on the Developer for this Development. Those PBA obligations are enumerated in this Subsection II.A. The language contained in this Agreement related to Public Benefits is intended to carry out the rights and responsibilities set forth in the PBA and is not intended to alter or otherwise supersede the terms of the PBA. In the event of a conflict between this Agreement and the PBA, the PBA shall control. 1. Affordable Housing Section 1.B.1 of the Public Benefits Agreement requires the Master Developer to meet certain requirements related to affordable housing. On January 14, 2025, the Master Developer, City, and Owner entered into that certain Contract Regarding Restrictive Covenants and For-Rent Required Affordable Units, recorded on January 17, 2025, at Reception Number 20250002280 in the records of the Larimer County Clerk and 7 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,8 of 43,S43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO Recorder (the "Contract"), which transferred the Master Developer's obligations for 264 of the for-rent required affordable units to the Owner, or an affiliate thereof. The Contract Regarding Restrictive Covenants and For-Rent Required Affordable Units provides that the Owner, or an affiliate thereof, will develop the Property pursuant to future approved final development plans (this Agreement) and will provide for-rent affordable housing units subject to the covenants in that Contract, the special warranty deed transferring the Property, and the PBA. Provision of Affordable Units a. The Developer shall construct and maintain 264 dwelling units within the Development as affordable rental units ("Affordable Units"), each of which shall be affordable to households earning at or below 60% of the Area Median Income (AMI), consistent with the provisions of Section 1.B.1.a. of the Public Benefits Agreement. b. The Affordable Units may utilize the average income approach as permitted under Low-Income Housing Tax Credit (LIHTC) rules, provided that the average AMI for the Affordable Units does not exceed 60%, calculated using the averaging methodology adopted by the Colorado Housing and Finance Authority in effect at the time the affected Affordable Units are determined by the City to count toward the Required Affordable Units as defined in Section 1.B.1.a. of the PBA. Affordability Period and Restrictions a. The affordability of each Affordable Unit shall be maintained for a period of at least 20 years from the date the LIHTC Land Use Restriction Agreement is fully executed. b. The Affordability Restrictions shall be as provided in Section A of the Contract. Compliance and Reporting a. The Developer shall manage and operate the Affordable Units in compliance with all applicable LIHTC rules and regulations, including tenant income certification and rent restrictions. b. The Developer shall submit annual compliance reports to the City, in a form acceptable to the City, verifying that the Affordable Units are occupied by qualifying households and that the affordability restrictions are being maintained. Annual 8 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,9 of 43,S43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO Compliance Reporting is due to the City Manager's Office within 90 days after the end of each calendar year, with the first such compliance report to be filed the year following the Development being placed in service. Integration a. The Affordable Units shall be integrated within the Development in a manner consistent with the overall design and layout, as approved in the Final Development Plan Documents. b. The disbursement requirements of the PBA do not apply to the Required Affordable Units offered for rent. Any units that are sold as part of this Development shall not be counted toward the minimum of 40 "dispersed site" units as defined in Section I.B.1.a. of the PBA. Contribution to Overall Requirements a. The anticipated 264 Affordable Units provided in this Development shall count towards the total Required Affordable Units, specifically contributing to the for-rent portion of the requirement. 2. Critical Infrastructure This section is not applicable to the Development. Refer to the status of the Critical Infrastructure requirements as outlined in the Filing Two Development Agreement. 3. High-Quality and Smart Growth Elements This section is not applicable to the Development. 4. Environmental Sustainability Section 1.B.4 of the Public Benefits Agreement requires the Developer to meet certain requirements related to the funding and/or construction of specified environmental sustainability improvements. a. Solar Photovoltaic Energy In accordance with the PBA requirements for Solar Photovoltaic Energy, the Developer shall design, install, and 9 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,10 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO commission a roof-mounted solar photovoltaic system capable of generating a minimum of 600 kilowatts (kW) of alternating current electric power (the "Solar Power Generation System"). This system shall contribute to fulfilling the Master Developer's obligation to provide a minimum of 800 kW of solar power generation capacity as required by the PBA. The Solar Power Generation System shall be certified by either (i) a licensed, independent, third-party electrical engineer or solar professional, or (ii) an agent or representative of the City, in accordance with the City's requirements. The Developer shall submit documentation satisfactory to the City, certifying that the Solar Power Generation System will be owned, operated, and maintained by the owner of the property on which the system is located (the "Owner's Certification"). The installation and certification of the Solar Power Generation System shall be completed before the issuance of certificates of occupancy for more than 50% of the "Total Dwelling Units" (as defined in Section 1.B.1.a. of the PBA), thereby satisfying the stipulation in Section 1.B.4.a. of the PBA that before the City issues any certificate of occupancy for more than 50% of the Total Dwelling Units, the City must receive certification for a minimum of 400 kW of certified solar power generation capacity. b. Non-Potable Irrigation System The Master Developer has designed and constructed a non- potable water system (the "Non-Pot Water System") to provide irrigation water to all natural areas and private lots within the Development. The Non-Pot Water System will be used to provide irrigation water to landscape areas within this Development. C. Sustainable Landscape Design This section is not applicable to the Development. d. Enhanced Community Resiliency The Master Developer is required to meet certain obligations related to enhanced community resiliency as set forth in Section 1.B.4.d of the PBA: 10 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,11 of 43,S43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO i. "Improvements to the Cooper Slough to reduce runoff and lower peak flows through upstream planting and mitigation." This section is not applicable to the Development. ii. "Improvements to Lake Canal to help bring it out of the current flood plain." This section is not applicable to the Development. iii. "Landscape architecture designed to support the flight distances and migration patterns of applicable pollinators." The Development carries forth the direction established within the Bloom Pollinator Master Plan created as part of Filing One. This Bloom Pollinator Master Plan provides guidance for pollinator design within each phase while considering the whole of Bloom. This includes: • Clustering habitats and making sure they are in proximity to each other to encourage ease of travel and use by pollinators; • Placing habitat in areas with good sun exposure; • Use of a diverse palette of pollinator-friendly plants to provide good foundation of habitat that provides continuous blooms in spring, summer, and fall and the implementation of a variety of colors that pollinators are attracted to; • Attention to the use of plants that attract a full range of pollinators that live in Colorado or migrate through. Pollinator habitats have been integrated into the overall landscape design theme of the project, improving habitat, and providing food and shelter opportunities. B. Water Lines The Property will be provided water service from the East Larimer County Water District ("Water District"), and all water line improvements shall be installed and 11 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,12 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO inspected in accordance with the Water District's regulations and the approved plans therefor. C. Sewer Lines The Property will be provided sanitary sewer service from the Boxelder Sanitation District ("Sewer District"), and all sewer line improvements shall be installed and inspected in accordance with the Sewer District's regulations and the approved plans therefor. D. Storm Drainage Lines and Appurtenances 1. The Developer agrees to provide and maintain erosion and sediment control improvements as shown on the Final Development Plan Documents until all disturbed areas in and adjacent to this Development's construction activities are stabilized. The Developer shall also be required to post a security deposit in the amount shown in the Final Development Plan Documents before beginning construction to guarantee the proper installation and maintenance and, upon completion, removal of the erosion and sediment 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 Stormwater Criteria Manual referenced at City Code § 26-500 and in the Dust Prevention and Control Manual referenced in City Code § 12-152, hereinafter the Stormwater Criteria Manual and the Dust Prevention and Control Manual shall be collectively referred to as the "Criteria." When said security deposit(s) is a letter of credit or a bond the Developer shall replace the security no later than 30 days before its expiration date. If the security posted by the Developer is a Letter of Credit, and such Letter of Credit has not been replaced or renewed within 30 days of its expiration date, the City may elect to draw and hold the funds as it sees fit. The City shall have the option in any case to also 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 at all times the Developer is maintaining appropriate levels of security to guarantee completion of the erosion and sediment control improvements. If, at any time, the Developer fails to abide by the erosion control provisions of the Final Development Plan Documents or the erosion control provisions of the Criteria after receiving notice of the same or an emergency situation exists which would reasonably require immediate mitigation measures, then, in either event, and 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 the Final Development Plan Documents and the Criteria. In addition, the City shall have the option to withhold building permits and 12 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,13 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO certificates of occupancy, as stated in Paragraph III.D of this Agreement, as it deems necessary in order to ensure that the Developer installs, maintains, and ultimately removes the erosion and sediment control measures throughout the build-out of this Development. When identified,_ any violations of applicable laws, regulations, or policies regarding erosion and sediment control are to be corrected immediately per Part I.D.8 of the Developer's Colorado Discharge Permit System ("CDPS") Permit for Stormwater Discharges Associated with Construction Activity as required by the Colorado Department of Public Health and Environment ("CDPHE"), City Code § 26-498, Water Quality Control, and City Code § 12-153, Prevention of Fugitive Dust Emissions. If no CDPS Permit is required, violations of any applicable laws, regulations, or policies regarding erosion and sediment control are to be corrected immediately as required by the CDPHE and the Environmental Protection Agency (EPA) in accordance with the Clean Water Act, City Code § 26-498, Water Quality Control, and City Code § 12-153, Prevention of Fugitive Dust Emissions. Failure to correct any violation shall prevent the Developer from building in any future phases until fully corrected. Upon stabilization of the disturbed areas, and upon the request of the Developer, the City will confirm that the Property is stabilized from potential erosion and sediment discharges and fugitive dust emissions resulting from construction activities and that all temporary erosion and sediment and dust control measures used by the Developer are removed. Upon confirmation by the City that the Property is stabilized, any remaining portions of the security deposit that is associated with the adequate maintenance of erosion and sediment control improvements shall be returned to Developer. 2. Unless otherwise approved by the City in its sole discretion and subject to Developer posting a security deposit, in form acceptable to City, for the cost of completion of storm drainage improvements to be completed subsequent to the issuance of any certificate of occupancy, all on-site and off-site storm drainage improvements associated with this Development, as shown on the Final Development Plan Documents, shall be completed by the Developer, unless completed by others, in accordance with said Final Development Plan Documents prior to the issuance of any certificate of occupancy. Completion of improvements shall include the certification by a Colorado licensed professional engineer that the drainage facilities that serve this Development have been constructed in conformance with said Final Development Plan Documents. Said certification shall be submitted to the City for review and acceptance at least two weeks prior to the issuance of any certificate of occupancy in this Development. This includes the off-site regional detention pond G1, which will be built by others, but must be certified before any certificates of occupancy are issued for this Development, subject to the above. 3. For private permanent water quality improvements located on private property associated with this Development (the "Private Water Quality Improvements"), on-site inspection by a City Inspector is required to verify the proper installation of such improvements at different stages of construction as specified in the "Overall Site and 13 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,14 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO Drainage Certification"form. In the event of non-compliance, the City Inspector shall have the option to withhold building permits and/or certificates of occupancy. In addition, the City may avail itself of any other legal remedy that may be provided in the City Code, the Land Use Code and/or this Agreement, as deemed necessary in order to ensure that the Developer or its successor(s) in interest properly installs and maintains the Private Water Quality Improvements as specified in the Final Development Plan Documents. 4. The Developer or its successor(s) in interest shall be responsible for maintaining the structural integrity and operational function of all drainage facilities constructed as part of this Development including, but not limited to, all drainage facilities and water quality features, extended detention water quality basins, bioretention facilities and/or permeable pavement systems. These drainage facilities and/or features must be maintained in their original operational integrity throughout the build-out of this Development, following the completion of the construction of said facilities and features, and after acceptance of said facilities and features as certified to the City. If at any time following construction and certification (as required pursuant to Paragraph I I.D.2 above) or during the construction of additional structures and/or lots within this Development, the City determines that said drainage facilities and features no longer comply with the Final Development Plan Documents, the City may give written notice to the Developer of all items that do not comply with the Final Development Plan Documents and request the restoration of the drainage facilities and features back to the function, standards and specifications designed and specified in the Final Development Plan Documents. Failure to maintain the structural integrity and operational function of said drainage facilities and features following certification will result in the withholding of the issuance of additional building permits and/or certificates of occupancy and, in addition, the City may avail itself of any other legal remedy that may be provided in the City Code, the Land Use Code and/or this Agreement until said drainage facilities and water quality features are repaired and restored to the physical characteristics, operational function and structural integrity originally specified in the Final Development Plan Documents approved by the City for this Development. 5. All lots must be graded to drain in the configuration shown on the Final Development Plan Documents. For this reason, the following requirements shall be followed for all buildings/structures on all lots. Before the issuance of a certificate of occupancy for any lot or building, the Developer shall provide the City with certification that the lot and/or the building has been graded in compliance with the Final Development Plan Documents. This grading certification shall: a. Demonstrate that the lot or building finish floor elevation has been built in accordance with the elevation specified on the Final Development Plan Documents. b. Show that the minimum floor elevation or minimum opening elevation for any building constructed is in compliance with the 14 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,15 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO minimum elevation as required on the Final Development Plan Documents. c. Demonstrate that any minor swales adjacent to the building or on the lot have been graded correctly and in accordance with the grades shown on the Final Development Plan Documents. d. Show that the elevations of all corners of the lot are in accordance with the elevations shown on the Final Development Plan Documents. e. Be completed by a Colorado licensed professional engineer and shall be submitted to the City for review and acceptance at least two weeks before the requested date of issuance of the applicable certificate of occupancy. 6. 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 buildings and/or development of lots, whether by the Developer or others. The City reserves the right to withhold the issuance of building permits and certificates of occupancy for this Development until the City has deemed such changes as being acceptable for the safe and efficient delivery of storm drainage water. 7. The Developer shall limit the construction of the off-site storm drainage improvements to the limits of construction as shown on the Final Development Plan Documents. The Developer shall re-seed and/or restore all areas that are disturbed during construction of the off-site 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 adjoining properties during the construction of these facilities. No grading shall be done outside of the approved areas as shown on the Final Development Plan Documents. 8. Developer's drainage design for this Development includes evacuation of storm drainage runoff through a bioretention facility and into the drainage outfall system in a reasonable amount of time. The bioretention facility has been designed to discharge stormwater runoff from frequent storms over a 12-hour period. Under the intended operation of the bioretention facility, there will not be standing water in the facility more than 24 hours after the end of a rainfall event. If after construction and acceptance of the bioretention facility associated with this Development, surfacing or standing water conditions persist in this facility, and if such conditions are beyond what can be expected in accordance with the approved stormwater design, the Developer shall promptly, upon such discovery, take appropriate action in order to return or modify (subject to City's approval of any such modification) the facility to function in accordance with the designed operation in accordance with the Final Development Plan Documents. 15 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,16 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO 9. The Developer shall be responsible for maintenance of all storm drainage facilities not identified as public in the Final Development Plan Documents in accordance with the Standard Operating Procedures (SOPs) for Stormwater contained in Exhibit C, attached hereto and incorporated herein by reference. E. Streets 1. Subject to the conditions of this Agreement, the City agrees to reimburse the Developer for oversizing public street improvements along International Boulevard for those portions of said public street abutting the Property as shown on the Final Development Plan Documents. Reimbursement for International Boulevard shall be for increasing the sidewalk and parkway width from local access standards to minor arterial standards. The City shall make reimbursement to the Developer for the aforesaid oversized street improvements in the manner provided in and in accordance with City Code Section 24-112. As identified in the City Code, the City shall not participate in the cost of transportation improvements required solely for the special use and benefit of the Development required by the transportation impact study for the Development, or by the City Traffic Engineer. The Developer acknowledges that the City shall have no obligation to make reimbursement payments for street oversizing unless funds for such payments are budgeted and appropriated from the transportation improvements fund by the City Council. 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 City Code Section 24-112(d) as the 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. 2. It is understood that the improvements that are to be constructed in the public right-of-way as described in this Section II.E 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 $60,000, 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 before the commencement of the work showing that the award was given to the lowest responsible bidder. If the cost of such improvements exceeds $100,000, 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. 3. The pavement design and construction standards for privately maintained streets shall be the same as the standards for public streets. Grades, 16 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,17 of 43,543.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO alignments, and widths may be modified in accordance with accepted design principles, only on the condition that safe access is maintained for all future owners, visitors, the general public and public safety officials and equipment. Such modifications from public street standards may be made only if approved by the City Engineer. Easements for access, utilities, and drainage shall be dedicated to the public and clearly shown on the plat. 4. As identified in Article III, Chapter 23 of the City Code ("Encroachments") no encroachments or obstructions are allowed within the public rights- of-way without a permit ("Encroachment Permit"). The Developer understands and acknowledges that if the Final Development Plan Documents now or in the future, through an amendment process, include any encroachments or obstructions in the public rights- of-way the Developer shall apply for, meet any requirements or conditions, and obtain an approved Encroachment Permit before the installation of the encroach ment(s). a. All requirements and conditions as identified on the Encroachment Permit and identified as Encroachments shall be met and maintained both before and after issuance of the Encroachment Permit. The Encroachment Permit, which is non-transferable, is issued to the Property owner or to the lessee of the Property (with the Property owner's consent) in which the encroachment is adjacent to or benefits and the Developer understands that at such time as ownership of that parcel changes and/or a new lessee exists (as applicable) a new encroachment permit will need to be applied for and new liability insurance will need to be provided by the new Property owner or new lessee. The permit is revocable pursuant to Chapter 23 of City Code. b. The Developer, for itself and its successor(s) in interest, does hereby release and hold harmless the City from any damages to the encroachment arising from the City's actions in maintaining, repairing and/or replacing the public infrastructure including utilities, except as caused by the City's gross negligence or willful misconduct. C. The City shall have no responsibility for the installation and maintenance of any encroachment and 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 Developer's installation or maintenance of any encroachments onto the public right-of-way. 17 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,18 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO d. Only public utilities (defined as utilities owned and maintained by the City and gas utilities owned by Xcel Energy) or utility providers that have a franchise agreement with the City are allowed to be installed and located within public rights-of-way and public easements. Private utilities are allowed to cross public rights-of-way and easements provided that the crossing is perpendicular to the public right-of-way or easement, that sleeves are provided for the crossing in accordance with City standards, encroachment permits for such crossing are obtained, and the utility is registered with the utility locate center. Any private utilities found within public rights-of-way or easements not meeting the above criteria serving the Property shall be required to be removed by the Developer at the Developer's expense or apply for and obtain an approved Encroachment Permit. All sleeves across the right-of-way shall be designed and installed in accordance with City standards then in effect. e. If there is any conflict between this provision and the Encroachment Regulations, then the Encroachment Regulations will control. The Developer acknowledges that, as with any regulation, the Encroachment Regulations are subject to change and Developer agrees to abide by any changes to the Encroachment Regulations. 5. 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 related to the Developer's internal street operations and of any adjacent or adjoining local, collector or arterial streets that is made necessary because of the Development. 6. Following completion of all public infrastructure improvements, the Developer shall continue to have responsibility for maintenance and repair of said improvements in accordance with the Land Use Code. F. Natural Resources 1. The Developer will adhere to the Bloom Filing One Pollinator Master Plan (included in the Final Development Plan Documents). The designated pollinator resources found in the Development will be maintained according to the maintenance guidelines included in the Pollinator Master Plan, the associated Pollinator Resource Maintenance Plan, and applicable Mulberry Metropolitan District Nos. 1-6 guidelines for the life of the Development. 18 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,19 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO 2. Fueling facilities shall be located at least 100 feet from any natural body of water, wetland, natural drainage way or manmade drainage way. The fuel tanks and fueling area must be set in a containment area that will not allow a fuel spill to directly flow, seep, run off, or be washed into a body of water, wetland or drainage way. Fueling facilities not in compliance shall be moved at the Developer's expense. 3. The Developer shall delineate the Development's property boundary adjacent to all Limits of Development (L.O.D.) as defined by Land Use Code Section 5.1.2 and Section 3.4.1(N), including boundaries around existing trees that are to be undisturbed, with orange construction fence before any type of construction, including over lot grading. G. Forestry A Street Tree Permit must be obtained from the City Forester pursuant to City Code, before any trees or shrubs noted on the Final Development Plan Documents are planted, pruned, or removed in public right-of-way. This includes areas between the sidewalk and curb, medians, and other City property. This permit from the City Forester shall approve the location and species to be planted. Failure to obtain this permit is a violation of City Code subject to citation (Section 27-31) and may also result in replacing or relocation of trees and a hold on the issuance of the Developer's certificate of occupancy. H. Soil Amendment Unless otherwise approved by the City, 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 Land Use Code § 3.8.21 prior to the issuance of a Certificate of Occupancy in this Development. Unless otherwise approved by the City, in all areas associated with this Development that are to be landscaped or planted in accordance with the Final Development Plan Documents, and do require a building permit, the completion of soil amendments shall include certification by the Developer that the work has been completed in accordance with City Code § 12-132. This certification shall be submitted to the City for review and acceptance at least two weeks prior to the date of issuance of any certificate of occupancy in this Development, unless otherwise approved by the City in its sole discretion and subject to Developer posting a security deposit, in form acceptable to City, for the cost of completion of landscaping, plantings and/or soil amendments to be completed subsequent to the issuance of any certificate of occupancy. I. Parks 19 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,20 of 43,543.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO The Developer, or its successor(s) in interest, shall be responsible for the ongoing irrigation and maintenance of the landscaping located within the public right-of- way along the portion of International Boulevard that abuts the Property as shown on the Final Development Plan Documents. This obligation may be assigned to a metro district or homeowners association duly constituted pursuant to Colorado state law, however, should such homeowners association be dissolved, the obligation shall become that of the Developer or its successor(s) in interest. J. Ground Water, Subdrains and Water Rights 1. 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 the City's storm drainage facilities in the Development. No language in this Paragraph shall be construed or interpreted as establishing in any way the City's liability for any act or omission and the terms of this Paragraph solely relate to the Developer's obligation to indemnify and hold harmless the City. 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. 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 20 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,21 of 43,543.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO Developer contained in Paragraph II.J 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 90 days after the City first receives notice of such claim under the Colorado Governmental Immunity Act for the same, shall cause the foregoing 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. K. Hazards and Emergency Access 1. No stockpiled combustible material will be allowed on the Property until a permanent water system is installed by the Developer and approved by the City. 2. Before beginning any building construction, and throughout the build- out of this Development, the Developer shall provide and maintain at all times a reasonable accessway to each building. 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 twenty-feet with four inches of aggregate base course material compacted according to City standards and with a 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. Before the construction of said accessway, a plan for the accessway shall be submitted to and approved by the Poudre Fire Authority and City Engineer. Digital 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. L. Footing and Foundation Permits Notwithstanding any provision in this Agreement to the contrary, the Developer shall be eligible to apply for Footing and Foundation permits under either of the following circumstances: 1. Upon the installation of all underground water, sanitary sewer, and storm sewer facilities, and an emergency accessway for the Development in which the permit is being requested (the "Required Improvements"). The Required Improvements shall include but not be limited to all mains, lines, services, fire hydrants and appurtenances for the site as shown on the Final Development Plan Documents; or 21 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,22 of 43,543.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO 2. Upon the installation of only those Required Improvements deemed necessary or desirable in order to issue the Footing and Foundation permit as determined in the sole discretion of the City after discussion with the Developer before issuance of the Development Construction Permit. Should the City allow the Developer to install certain Required Improvements after issuance of the Footing and Foundation permit, the remaining Required Improvements that must be installed by the Developer and the timing for such installation shall be memorialized in the Development Construction Permit. The Developer agrees to comply with the Development Construction Permit with regards to the installation and timing of the remaining Required Improvements. M. 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, before the Developer commences 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, before issuance of the Development Construction Permit. 2. Before the issuance of a Development Construction Permit the Developer shall obtain the approval of a Construction Management Plan from the City. The Construction Management Plan shall define the management of the construction of the Development, establishing the timing, duration, location, delivery and storage of materials and idle equipment; the timing, duration, and location of parking; and the timing, duration and location for the operation of equipment. The Construction Management Plan shall define the impacts (if any) to public rights-of-way, which would then be subject to the Encroachment Regulations as indicated in Paragraph II.E.4. of this Agreement. N. Maintenance and Repair Guarantees 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 B, attached hereto and incorporated herein by reference. Security for the maintenance guarantee and the repair guarantee shall be as provided in Section 3.3.2(C) of the Land Use Code. 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 B 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. 22 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,23 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO 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 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 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 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 that, 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 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 Agreement. The Developer hereby waives any right to object to any such discrepancy in dates. 23 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,24 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO E. Nothing herein contained shall be construed as a waiver of any requirements of City Code or the Land Use Code and the Developer agrees to comply with all requirements of the same. F. If 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, including any subsequent replatting of all, or a portion of the Property. This Agreement shall also 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 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. If 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. If either party fails to perform according to the terms of this Agreement, such party may be declared in default. If a party has been declared in default hereof, the defaulting party shall be given written notice specifying such default and shall be allowed a period of ten days within which to cure said default. If 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 the Developer which require the City to commence legal or equitable action against the Developer, the Developer shall be liable to the City for its 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. 24 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,25 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO L. Except as may be otherwise expressly provided herein including for the fulfillment of certain of the Master Developer's obligations under the Public Benefits Agreement, 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 days after so mailed: If to the City: Engineering Development Review City of Fort Collins 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: Pedcor Investments — 2023 — CLXXXVI, L.P. 770 31d Ave, S.W. Carmel, Indiana 46032 Attention: Jared Houser With a copy to: Pedcor Investments, A Limited Liability Company 770 31d Ave, S.W. Carmel, Indiana 46032 Attention: Development Legal If to the Lender: Merchants Bank of Indiana 410 Monon Boulevard, 2nd Floor Carmel, Indiana 46032 Attention: MBI Asset Management 25 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,26 of 43,S43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO If to the Owner: Pedcor Investments, A Limited Liability Company c/o Jared Houser One Pedcor Square 770 31d Ave, S.W. Carmel, IN 46032 With a copy to: Pedcor Investments, A Limited Liability Company 770 31d Ave, S.W. Carmel, Indiana 46032 Attention: Development Legal 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 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 and signed by all parties hereto. P. Paragraph or Section 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. Q. The Owner is made a party to this Agreement solely for the purpose of subjecting the Property to the covenants contained in this Agreement. The City and the Developer expressly acknowledge and agree that the Owner shall not be liable for any obligations of the Developer under this Agreement, unless the Owner exercises the rights of the Developer to develop the Property, in which event the obligations of the Developer shall become those of the Owner. R. Lender Acknowledgment 1. The City acknowledges that it has been informed by Merchants Bank of Indiana (the "Lender"), that the Lender intends to extend a loan or loans to the Developer to finance the costs of constructing and equipping the Development. 2. The City acknowledges that, pursuant to Paragraph III.N of this Agreement, the Developer has requested that copies of all notices given by the City to 26 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,27 of 43,543.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO the Developer shall also be given to the Lender at the address set forth therein. The City further acknowledges that the Lender has, or will have, a right (but not the obligation) to remedy or cure any default by the Developer under this Agreement on behalf of the Developer and that the City will accept such remedy or cure if properly carried out by the Lender on behalf of the Developer. 3. Nothing contained herein shall be construed to impose any liability or obligation of the City to the Lender, except as expressly provided in this Paragraph III.R. S. No term or condition of this Agreement shall be construed or interpreted as a waiver, express or implied, of any of the immunities, rights, benefits, protections, or other provisions, of the Colorado Governmental Immunity Act, CRS §24-10-101 et seq., or under any other law. 27 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,28 of 43,543.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO THE CITY OF FORT COLLINS, COLORADO, a Municipal Corporation DocuSigned by: BY: �J� vihayfi" OB86D5871 D89400... City Manager Name: Kelly DiMartino Title: City Manager Date: August 28, 2025 ATTEST: DocuSigned by: 934E243B639B429... City Clerk or Designee Signed by: Name: D Coldiron o4FORT�ol Title: Deputy City Clerk SEAL COLORA�O APPROVED AS TO CONTENT: _DDocuSigned by: OF6AA27D6B864EA... City Engineer's Office Name: Tim Dinger Title: Civil Engineer III APPROVED AS TO FORM: ESigned by: 6LAit, bbSfw BD612480E7EB4DF... City Attorney's Office Name: Stefanie Boster Title: Senior Assistant City Attorney 28 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,29 of 43,S43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO DEVELOPER: Pedcor Investments —2023 — CLXXXVI, L.P. an Indiana limited partnership By: Mulberry Housing Company, LLC, an Indiana limited liability company, its General Partner By: Pedcor Investments, A Limited Liability Company, a Wyoming limite liability company, its Manager A By a d Houser\, E utive Vice President Date: ATTEST: By; STATE OF INDIANA ) ) ss. COUNTY OFHAMILTON ) The foregoing instrument was acknowledged before me this "Ot day of 2025, by Jared Houser as Executive Vice President of Pedcor Investments, A Limited Liability Company, a Wyoming limited liability company, the Manager of Mulberry Housing Company, LLC, an Indiana limited liability company, the General Partner of Pedcor Investments — 2023 — CLXXXVI, L.P., an Indiana limited partnership. A .+ury rs Notary Public CAITLIN BURGESS My Commission Expires: 12 oPaY.P�e(�J Notary Public. State of Indiana g;SEAL'n= Boone County .z t•, ,r;Commission Number NP0719531i'.. My Commission Expires April 02,2027 29 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,30 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO OWNER: Pedcor Investments, A Limited Liability Company a Wyoming limiteliliability company By: a d Ho e i Executive Vice President Date: A -Ls ATTEST: By: STATE OF INDIANA ) ) ss. COUNTY OF HAMILTON ) The foregoing instrument was acknowledged before me this day of 1 , 2025, by Jared Houser as Executive Vice President of Pedcor Investments, A Limited Liability Company, a Wyoming limited liability company. Iv, f Notary Public \\\\Il llllr�.: My Commission Expires: IL I-, pro,, CAITLIN BURGESS o; NotaLA ic, State of Indiana' ne County ComNumorNP0719538 HprIANP Mmission Expires I 02,b2 027 30 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,31 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO EXHIBIT A 1. Schedule of electrical service installation. Electrical lines need to be installed before the installation of the sidewalk, curb returns, handicap ramps, paving and landscaping. If the Developer installs any curb return, sidewalk or handicap ramp before the installation of electrical lines in an area that interferes with the installation of the electrical line, 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 31 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,32 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO EXHIBIT B MAINTENANCE GUARANTEE: The Developer hereby warrants and guarantees to the City, for a period of two 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 Land Use Code. 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. If the Developer fails to correct any damages within thirty 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 to the fullest extent of the law or as authorized by this Agreement. Any damages which occurred before the end of said two 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 harmless for a five 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 Developer 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. 32 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,33 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO 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 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. 33 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,34 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO EXHIBIT C STANDARD TI C (SOPs)FOR STORMWATER Purpose In order for physical stormwater Best Management Practices (BMPs) to be effective, proper maintenance is essential. Maintenance includes both routinely scheduled activities, as well as non-routine repairs that may be required after large storms, or as a result of other unforeseen problems. Standard Operating Procedures (SOPS) clearly identify BMP maintenance responsibility. BMP maintenance is the responsibility of the entity owning the BMP. Identifying who is responsible for maintenance of BMPs and ensuring that an adequate budget is allocated for maintenance is critical to the long-term success of BMPs. For this project, the privately owned BMPs shown in Section B below are to be maintained by the Developer (or successor in interest which may be a property owner, or Homeowners Association (HOA), or property manager). It is incumbent upon the Developer to keep maintenance records and provide these records to the City upon request. Site-Specific SOPs The following stormwater facilities contained within this development are subject to SOP requirements: - Directly Connected Downspouts - Perforated Subdrain - Storm Drain Lines - Sedimentation Sump - Pre-Sedimentation Forebay - Bioretention - Vegetated and/or Cobble Swale The location of said facilities can be found on the Bloom Filing Three Utility Plans 34 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,35 of 43,S43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO and Landscape Plans. Required inspection and specific maintenance procedures and frequencies are outlined in the following pages. General maintenance requirements and activities, as well as BMP-specific constraints and considerations shall follow the guidelines outlined in Volume 3 of the Mile High Flood District (MHFD) Urban Storm Drainage Criteria Manual. SOP Maintenance Summary Table Stormwater Facility Ownership/ / Responsibility MHFD Maintenance Reference BMP Directly Connected Private N/.4 Downspouts Perforated Subdrain Private N/A Follow guidelines for Storm Sewer System Storm Drain Lines Private Cleaning (Chapter51 Source Control BMP Fact Sheet 5-12) Sedimentation Sump Private N/A Pre-Sedimentation Private Follow guidelines for Pre-Sedimentation Forebay Forebay(Chapter 61 Section 9.0) Bioretention/Bioswale Private Follow guidelines for Bioretention (Chapter6, Section 5.0) Follow guidelines for Grass Buffers and Vegetated and/or Swales(Chapter 61 Section 4.0). Take note of Cobble Swale Private native vegetation. Also follow recommendations on Landscape Plans and Specifications. 35 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,36 of 43,S43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO Directly Connected Downspouts Many of the downspouts connect directly to the storm drain system. The following SOP generally applies to all direct downspout connections. This SOP can more specifically apply to those which drain directly to the reservoir areas beneath the Modular Block Pavers. At each of these connections, the downspout discharges to a perforated drain basin. The drain basins discharge directly to the MBP reservoir. The drain basins are designed to prevent debris and sediment from entering the MBP reservoir area. Debris and sediment compromise the functionality and effectiveness of the system. Routine Maintenance Table for Directly Connected Downspouts Required Maintenance Objective Frequency of Action Action Inspect the downspout and basin to ensure the system Inspections functions as it was designed. Routine Repair or replace damaged downspouts as needed. Sediment, Remove debris and litter from Routine —just before annual storm Debris and the basin. Remove sediment seasons (i.e., April/May); at the end of Litter removal from the sump. storm season after leaves have fallen; and following significant rainfall events. 36 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,37 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO Perforated Subdrain The perforated subdrain system storm drain outfall at the bottom of the Low Impact Development (LID) system is critical to the overall function of the system subbase. As such, special maintenance has been identified to ensure these perforated drain systems perform as they were designed. Perforated subdrains leading away from the LID system is designed to provide faster release of water when accumulation occurs under the LID system. Outflow should be seen into downstream storm boxes. If not seen it is recommended that the system is inspected using a video camera to verify no clogging has occurred. Perforated subdrains leading toward the LID system are designed to provide an opportunity for infiltration. These subdrains may lead to a drywell where additional infiltration capacity is available to reduce runoff per the stated LID goals adopted by the City. Routine Maintenance Table Required Maintenance Objective Frequency of Action Action Use a video camera to inspect the condition of the perforated drain pipes. Cleanout pipes as Inspection Every two to five years. needed. If the integrity of the pipe is compromised, then repair the damaged section(s). Where accessible, expose inlet and/or outlet of perforated pipe Inspection Minimum Annually and watch for water inflow and/or outflow. 37 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,38 of 43,S43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO Storm Drain Lines Maintenance Plan Storm drain lines are subject to sedimentation as well as tree roots clogging the flow path or altering the pipe slope. Maintenance is important to ensure these storm drain systems perform as they were designed. Routine Maintenance Table Required Maintenance Objective Frequency of Action Action Use a video camera to inspect the condition of the storm drain pipes. Cleanout pipes as needed. Inspection Every two to five years. If the integrity of the pipe is compromised, then repair the damaged section(s). Sedimentation Sump Maintenance Plan The sedimentation sumps located upstream of drywells or infiltration galleries are intended to reduce the accumulation of sediment and debris in underground systems. These sumps have a capacity provided for accumulated sediment that must be maintained. These sumps are located within manholes or inlets as shown on the utility plans and provided with snouts to reduce the hydrocarbon load dispersed into the undergrounds system that could compromise the functionality. 38 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,39 of 43,S43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO Routine Maintenance Table Required Maintenance Objective Frequency of Action Action Hydrocarbons and sediment will need to be removed regularly from the inlet. Sediment should be removed prior to the depth of the water reducing below 2' from the top of the sediment buildup to the snout bottom. The layer of hydrocarbons should be removed from the inlet prior to accumulation beyond half of the height of the snout. A vacuum truck should be Inspections used to remove all sediment, hydrocarbons and Routine — Inspect at least and Debris residual water from the inlet. Remaining every other year or as Removal sediment may be removed manually and conditions apply. disposed of in a legal manner. The sump should then be filled with clean water. The Snout apparatus should be replaced as age deterioration occurs and prior to failure. The seal should be checked regularly to ensure hydrocarbons are not bypassing the device. 39 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,40 of 43,S43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO Pre-Sedimentation Forebay Routine Maintenance Table (Summary from Chapter 6 of MHFD) Required Maintenance Objective Frequency of Action Action Routine — Including just before annual Debris and Remove debris and litter as storm seasons (that is, April and May), Litter removal needed. Floating debris can clog end of storm season after leaves have the overflow structure fallen, and following significant rainfall events. Non-routine — Performed when sediment Remove accumulated sediment from the bottom of the basin accumulation appears to result in before it becomes a significant excessive algae growth or mosquito Forebay source of pollutants for the production. This may vary considerably, Sediment remainder of the pond. Inspect but expect to do this every approximately removal to ensure that sediment does every 4 years, as necessary per inspection not result in excessive algae if no construction activities take place in growth or mosquito production. the tributary watershed. More often if they do. Inspect to ensure that the facility Routine — Annual inspection of hydraulic continues to function as initially and structural facilities. Also check for intended. Examine the outlet for obvious problems during routine clogging, erosion, slumping, Inspections excessive sedimentation levels, maintenance visits, especially for plugging of outlets. Note the amount of sediment overgrowth, embankment in the forebay and look for debris at the integrity and damage to any outlet structure. structural element. 40 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,41 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO Bioretention Routine Maintenance Table (Summary from Chapter 6 of MHFD) Required Maintenance Objective Frequency of Action Action Occasional mowing of grasses and weed removal to limit Lawn mowing unwanted vegetation. Maintain Routine — Depending on aesthetic and vegetative irrigated turf grass as 2 to 4 requirements, planting scheme and cover. Weeds should be removed care inches tall and non-irrigated before they flower. native turf grasses at 4 to 6 inches. Remove debris and litter from bioretention area and upstream concrete forebay to minimize clogging of the sand media. Remove debris and litter from the Debris and pond area and outlet orifice plate Routine — Including just before annual litter removal to minimize clogging. Remove storm seasons and after snow season debris and litter from curb (April or May), end of storm season after and snow stockpiling channel and sidewalk chase leaves have fallen, and following outlets adjacent to pond if significant rainfall events. applicable to minimize clogging. Avoid stockpiling snow in the bioretention area to minimize clogging from sediment accumulation. 41 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,42 of 43,$43.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO Inspect detention area to determine if the sand media is allowing acceptable infiltration. If standing water persists for more Routine — Biannual inspection of the Inspections than 24 hours after storm runoff hydraulic performance. has ceased, clogging should be further investigated and remedied. Non-routine — Performed when clogging is due to the migration of sediments Growing media Restore infiltration capacity of deep into the pore spaces of the media. bioretention facilities. The frequency of replacement will replacement depend on site-specific pollutant loading characteristics. Grass Buffers and Swales Routine Maintenance Table (Summary from Section 4.0, Chapter 6 of MHFD) Required Maintenance Objective Frequency of Action Action Maintain irrigated grass at 2 to 4 inches tall and non-irrigated Lawn mowing native grass at 6 to 8 inches tall. Routine —As needed. and Lawn care Collect cuttings and dispose of them offsite or use a mulching mower. 42 RECEPTION#20250039823, 8/28/2025 1:39:45 PM,43 of 43,543.00 Electronically Recorded Tina Harris,Clerk&Recorder,Larimer County,CO Reduces soil compaction and Routine — at least once per year when Aeration helps water move into the root ground is not frozen. Heavy traffic areas zone. may require more frequent aeration. Use minimum amount of Fertilizer, biodegradable nontoxic fertilizers Frequency of application should be on Herbicide and and herbicides needed to an as-needed basis only and should Pesticide establish and maintain dense reduce following the establishment of Application vegetation cover that is vegetation. reasonably free of weeds. Remove litter and debris to prevent rill and gully development. Keep the Swale area Debris and Routine —As needed by inspection, but clean for aesthetic reasons, which Litter removal no less than two times per year. also reduces the potential for floatables being flushed downstream. Routine —As needed by inspection. Remove accumulated sediment Estimate the need to remove sediment Sediment near the buffer interface with from 3 to 10 percent of total length of impervious area. Replace the interface per year, as determined by removal grass areas damaged in the annual inspection. Expect turf process. replacement for the interface ever 10-20 yea rs. Check the grass for uniformity of Routine — Inspect vegetation at least Inspections cover, sediment accumulation in twice annually. the swale, and near culverts. 43