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HomeMy WebLinkAboutBOARDWALK CROSSING PUD - Filed DA-DEVELOPMENT AGREEMENT - 2003-05-28Garth Commercial Plaza (A portion of Lot 7 is to be known as Boardwalk Crossing P.U.D.) Amendment Agreement No.1 THIS AGREEMENT, made and entered into this f� day of 198� by and between the CITY OF FORT COLLINS, RADO, a municipal corporation ("City"), and GEORGE A. HOLTER, owner, ("Developer"), is an amendment to that certain Subdivision Agreement dated the 29th day of April, 1980, by and between the City and E.R. Betz and George A. Holter By this Agreement, the aforesaid Subdivision Agreement is hereby amended in the followings particulars: A. The following replaces paragraph 2.C.: 2.C. Sltorm drainage lines and appurtenances. All storm drainage facilities shall be completed by the Developer and approved by the City prior to the issuance of the Certificate of Occupancy for Boardwalk Crossing P.U.D. See Exhibit "A" of the original Subdivision Agreement. B. The following replaces paragraph 2.D.: 2.D. Streets. The City agrees to repay the Developer for oversizing Boardwalk Drive to collector standards in lieu of local street standards in accordance with Section 99-6.F. of the Code of the City of Fort Collins. When payment is requested by the Developer, The City's obligation for payment shall be limited to those funds then budgeted, appropriated, and available by the City for that development or work then completed. Except as hereon amended or modified, the Subdivision Agreement shall continue in full force and effect. This agreement and the Subdivision Agreement consititutes the entire understanding of the parties. IN WITNESS WHEREOF, the parties hereto have set their hands the day and year first above written. CITY FORT COLLINS a m i al orpor tion By anager