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HomeMy WebLinkAboutCREEKSIDE AT THE LANDINGS - Filed DA-DEVELOPMENT AGREEMENT - 2003-07-31DEVELOPMENT AGREEMENT THIS, AGREEMENT, made and entered into this �� � day of 1981, by and between THE CITY OF FORT COLLINS, COLORADO, a Municipal Corporation, hereinafter referred to as "the City", and FAIRFIELD COMPANIES, INC., a Colorado Corporation, hereinafter referred to as "the Developer". WITNESSETH WHEREAS, the Developer is the Owner of certain property situated in the County of Larimer, State of Colorado, and legally described as follows, to -wit: CREERSIDE AT THE LANDINGS, Being a Replat of a Portion of Mountain Range Subdivision and The Landings P.U.D. - Filing 4, City of Fort Collins, County of Larimer, State of Colorado. WHEREAS, the Developer desires to develop said property and has submitted to the City a subdivision plat and/or a site plan and landscape plan, a copy of which is on file in the Office of the Director of Engineer- ing and made a part hereof by reference; and WHEREAS, the Developer has further submitted to the City a utility plan for said lands, a copy of which is on file in the office of the Director of Engineering and made a part hereof by reference; and WHEREAS, the parties hereto have agreed that the development of said lands will require increased municipal se: vices from the City in order to serve such area and will further require the installation of certain improvements primarily of benefit to the lands to be developed and not to the City of Fort Collins as a whole; and WHEREAS, the City has approved the subdivision plat and/or site plan and landscape plan submitted by the Developer subject to certain requirements and conditions which involve the installation of and construc- tion of utilities and other municipal improvements in connection with said lands. NOW, THEREFORE, in consideration of the promises of the parties hereto and other good and valuable consideration, the receipt and ade- quacy of which is hereby acknowledged, it is agreed as follows: CREERSIDE AT THE LANDINGS, P.U.D. AMENDMENT AGREEMENT This Amendment Agreement, made and entered into this_' day of March, 1990, by and between the CITY OF FORT COLLINS, COLORADO, a municipal corporation ("City") and FAIRFIELD COMPANIES, INC., a Colorado corporation ("Developer"), is an amendment to that certain Development Agreement dated the 27th day of March, 1989, ("Development Agreement"). WHEREAS, the parties hereto previously executed the Development Agreement; WHEREAS, the parties are presently desirous of further modifying the Development Agreement. NOW, THEREFORE, in consideration of the promises of the parties hereto and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties agree as follows: Subheading 2 (Special Conditions) of the Development Agreement shall be modified by adding the following additional subparagraph thereto: E. Access Easement. (i) The Developer has submitted a request to vacate certain easements affecting Creekside at the Landings, P.U.D. ("Creekside") as described on Exhibit A attached hereto and incorporated herein by reference. An access easement sixteen feet in width will remain on Creekside, running between Lots 18 and 19 thereof, as shown on Exhibit B, attached hereto and incorporated herein by reference ("Access Easement"). Provided the City vacates the easements described on Exhibit A, the Developer shall improve the Access Easement in substantially the manner depicted in Exhibit B and further depicted in Exhibit C, attached hereto and incorporated herein by reference. (ii) The width of the hard surface of the Access Easement shall be a minimum of twelve feet (121) and shall be composed of six-inch deep colored concrete on compacted subgrade capable of supporting fully loaded fire apparatus. The color of the concrete shall be such as to contrast with the landscaping treatment of the adjacent property. The Access Easement will be delineated by shrubbery and/or split rail fencing 1 substantially as shown on Exhibits B and C. A decorative railing or other similar improvement shall delineate the bridge portion of the Access Easement. The southern boundary of the Access Easement shall be appropriately posted and shall contain an acceptable type of barricade. (iii) The Developer shall submit any further design details for the Access Easement improvements as may be required by the City within thirty (30) days of vacation of the easements described on Exhibit A. The improvements to the Access Easement shall be substantially completed by the Developer no later than ninety (90) days after the occurrence of the later of the vacation of such easements by the City and final approval by the City of the design of 'the Access Easement improvements. All deadlines set forth herein may be extended by mutual agreement of the parties hereto. In the event that the Developer does not complete the Access Easement improvements as required in this subparagraph (iii), the City shall have the right to withhold the issuance of further building permits and/or certificates of occupancy for Creekside until such completion and acceptance thereof by the City or, at the Developer's option, to require the Developer, prior to receiving such permits and/or certificates, to give the City cash, a letter of credit or equivalent security acceptable to the City in an amount equal to 150% of the cost to complete such improvements, but in no event more than $18,750.00. At such time as the design for the Access Easement improvements is finally approved by the City, the Developer may submit a revised cost estimate for such improvements and, when approved by the City, shall be used to calculate the necessary amount of cash, letter of credit or equivalent security required by the City. In the event that the Access Easement improvements are not substantially completed prior to issuance of building permits by the City for Lots 18 and 19 in Creekside, the City shall have the right to withhold issuance of such building permits until substantial completion and acceptance by the City of said improvements or to require the Developer, prior to receiving such permits, to give the City cash, a letter of credit or equivalent security acceptable to the City in an amount and pursuant to such conditions as earlier set forth in this subparagraph (iii). Any cash, letter of credit or other security accepted by the City shall be released by the City to the Developer upon completion of the Access Easement improvements and acceptance thereof by the City. 2 (iv) The sideyards for Lots 18 and 19 of Creekside will be measured from the centerline of the Access Easement, provided however that no building or structure or any part thereof, or any appurtenance thereto, whether on, below or above ground, shall encroach on or into the Access Easement. (v) In the event that parking enforcement is inadequate to prevent the continued parking and/or storage of vehicles directly north of the gate on the northern boundary of the Access Easement and after affording the Developer a reasonable opportunity to correct the situation, the City shall have the right to require the Developer, at Developer's sole cost, to place an acceptable type of barrier at a point adjacent to the street right of way north of the gate. (vi) Maintenance of the Access Easement and any landscaping and/or fencing located therein shall be the obligation of the Developer. The City shall have no responsibility for maintenance of the Access Easement. In the event the City needs to perform repair work on any utilities or other City facilities located under the Access Easement, the City shall repair the Access Easement to a standard normally and customarily done by the City on other streets and access ways or, at the option of the Developer, the Developer may restore the Access Easement to its original condition and after completion of such restoration, the City shall pay the Developer an amount equal to the cost to repair the Access Easement to the City's normal standard. Except as herein amended or modified, the Development Agreement shall continue in full force and effect. This Agreement and the Development Agreement constitute the entire understanding of the parties. IN WITNESS WHEREOF, the parties hereto have set their hands the day and year first above written. FAIRFIELD/.'CO., INC., a Coloraflo corporati • enneth M. Slyzuik president 3 CITY OF FORT COLLINS, COLORADO, a munici al corporation By:_ C" Steven C. Burkett City Manager ATTEST: c City Clerk APPROVED AS TO FORM: A sistant City Attorney Direct, of Engineering I. General Conditions, A. The terms of this Agreement shall govern all development activities of the Developer pertaining to the subject property described above. For the purposes of this Agreement, "development activities" shall include, but not be limited to, the following: (1) The actual construction of improvements, (2) Obtaining a building permit therefor, or (3) Any change in grade, contour or appearance of said property caused by or on behalf o. the Developer with the intent to construct improvements thereon. B. All water lines, sanitary sewer collection lines, storm sewer lines and facilities, streets, curbs, gutters, sidewalks, and bikepaths shall be installed as shown on the approved utility plans and in full compliance with the Council -approved standards and specifications of the City on file in the Office of the Director of Engineering to the specific utility, subject to a three (3) year time limitation from the date of execution of this agreement. In the event that the Developer commences or performs any construction pursuant hereto after three (3) years from the date of execution of this agreement, the Developer shall resubmit the project utility plans to the Director of Engineering for reexamination. The City may require the Developer to comply with approved standards and specifications of the City on file in the Office of the Director of Engineering at the time of resubmittal. C. No building permit for the construction of any structure within the development shall be issued by the City until the water lines, fire hydrants, sanitary sewer and streets (with at least the base course completed) serving such structure have been completed and accepted by the City. No building permits shall be issued for any structure located in excess of six hundred sixty feet (660') from a single point of access. D. Anv water lines, sanitary sewer lines, storm drainage lines, and/or streets described on Exhibit "A", attached hereto, shall be installed within the time and/or sequence required on Exhibit "A". If the Director of Engineering has determined that any water lines, sanitary sewer lines, storm sewer facilities and/or streets arc required to provide service or access to other areas of the City, those facilities shall be shown on the utility plans and shall be installed by the Developer within the time as established under "Special Conditions" in this document. E. Except as otherwise herein specifically agreed, the Developer agrees to install and pay for all water, sanitary sewer and storm sewer facilities and appurtenances, and all streets, curbing, gutter, sidewalks, bikeways and other public improvements required by this development as shown on the plat, utility and landscape plans, and other approved documents pertaining to this development on file with the City. -2- F. Street improvements (except curbing, gutter and walks) shall not be installed until all utility lines to be placed therein have been completely installed, including all individual lot service lines leading in and from the main to the property line. G. The installation of all utilities shown on the utility drawings shall be inspect by the Engineering Department of the City and sl,ali be subject to sucl. uepartment'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 utility drawings shall supersede the standard specifications. H. All storm drainage facilities shall be so designed and constructed by the Developer as to protect downstream and adjacent properties against injury and to adequately serve the property to be developed (and other lands as may be required, if any). The Developer has met or exceeded minimum requirements for storm drainage facilities as have been established by the City in its Drainage Master Plans and Design Criteria. The Developer 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 development 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 directives as may be given to the Developer by the City. 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 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 devclopment. I. The Developer shall pay storm drainage basin fees in accordance with Chapter 26, Article VII of the City Code. Storm drainage improvements eligible for credit or City repayment under the provisions of Chapter 26 are described together with the estimated cost of the improvements on the attached Exhibit "B", which improvements, if applicable, shall include right-of-way, design and construction costs. See Section 2.C, Special Conditions, Storm Drainage Lines and Appurtenances, for specific instructions. -3- J. The Developer shall provide the Director of Engineering with certified Record Utility Drawing Transparencies on Black Image Diazo Rcvcrsc Mylars upon completion of any phase of the construction. 2. Special Conditions. A. Water lines. Not Applicable. B. Sewer lines. The Developer shall reimburse the City the sum of $4,451.80 for the Warren Lake Trunk Sanitary Sewer Basin Fee prior to issuance of the first building permit for this development. C. Storm drainage lines and appurtenances. (i) The Developer and the City agree that all on -site and off -site storm drainage improvements shall be completed by the Developer prior to the issuance of the 7th building permit. Completion of improvements shall include the certification by a licensed professional engineer that the drainage facilities which service this development, have been constructed in conformance with the approved plans. (ii) The Developer agrees to provide and maintain erosion control improvements as shown on the approved utility plans to stabilize all over -lot grading in and adjacent to this development. The erosion control improvements must be completed prior to the issuance of any building permits. D. Streets. (i) The Developer and the City agree that no street oversizing reimbursement is due the Developer for this development. 3. MisceJlaneous. A. The Developer agrees to provide and install, at his 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 Director of Engineering in accordance with the City's "Work Area Traffic Control Handbook" and shall not remove said safety devices until the construction has been approved by the Director of Engineering. ME B. The Developer shall, at all times, keep the public right-of-way free from accumulation of waste material or rubbish caused by the Developer's operation, shall remove such rubbish no less than weekly 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 free from dirt caused by the Developer's operation. 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 Director of Engineering. If the Developer fails to adequately clean such streets within two (2) days after receipt of written notice, the City may have the streets cleaned at the Developer's expense and the Developer shall be responsible for prompt payment of all such costs. C. The Developer hereby insures that his subcontractors shall cooperate with the City's construction inspectors by ceasing operations when winds are of sufficient velocity to create blowing dust which, in the inspector's opinion, is hazardous to the public health and welfare. D. When the inspector determines that erosion (either by wind or water) is likely to be a problem, the surface area of erodible earth material exposed at any one time shall not exceed 200,000 square feet for earthworks operations. Temporary or permanent erosion control shall be incorporated into the subdivision at the earliest practicable time. By way of expianation and without limitation, said control may consist of seeding of approved grasses, temporary dikes, gabions, and/or other devices. E. 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 original plat and related documents, or on any replat subsequently filed by the Developer, and the City may withhold such building permits ...and certificates of occupancy as it deems necessary to ensure performance hereof. F. Nothing herein contained shall be construed as a waiver of any requirements of the City Code, and the Developer agrees to comply with all requirements of the same. G. In the event the City waives any breach of this agreement, no such waiver shall be held or construed to be a waiver of any subsequent breach hereof. 52 I[. Financial obligations of the City of Fort Collins payable after the current fiscal year and/or not appropriated or budgeted arc contingent upon funds for that purpose bcin appropriated, budgeted and otherwise made available. This Agreement shall run with the real property herein above described and shall be binding upon the parties hereto, their personal representatives, heirs, successors, grantees and assigns. 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 real or proprietary interest in the real property herein after described, as well as any assignment of the Developer's rights to develop such property under the terms and conditions of this Agreement. J. In the event the Developer transfers title to such real property and is thereby divested of all equitable and legal interest in said property, the City hereby agrees to release said Developer 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. K. Each and every term and condition of this Agreement shall be deemed to be a material element thereof. In the event either party shall fail or refuse to perform according to the terms of this Agreement, such party may be declared in default. In the event a party has been declared in default hereof, such defaulting party shall be allowed a period of five (5) days within which to cure said default. In the event the default remains uncorrected, the party declaring default may elect to: (a) terminate the Agreement and seek damages; (b) treat the Agreement as continuing and require specific performance; or, (c) avail itself of any other remedy at law or equity. L. In the event the default of any of the provisions hereof by either party which shall require the party not in default to commence legal or equitable action against said defaulting party, the defaulting party shall be liable to the non -defaulting party, the defaulting party shall be liable to the non -defaulting party for the non -defaulting party's reasonable attorney's fees and costs incurred by reason of the default. Nothing herein shall be construed to prevent or interfere with the City's rights and remedies specified in Paragraph 3 E of this Agreement. 0 ATTE T: ,,, City Clerk APPROVED AS TO FORM: irec-tor of%,rngineering y attorney ATTEST: By:XX /Fred i I c-rt,6 Secreta-r-y THE CITY OF FORT COLLINS, COLORADO A Municipal Corporation By: C__ City"o Manager DEVELOPER: FAIRFIELD COMPANIES, INC. a Colorado Corporation -7- EXHIBIT "A" 1. Schedule of water lines to be installed out of sequence. Not Applicable. 2. Schedule of sanitary sewer lines to be installed out of sequence. Not applicable. 3. Schedule of street improvements to be installed out of sequence. Not Applicable. 4. Storm drainage improvements to be installed out of sequence. Not applicable. -8- ryl.T n 111 The Develorment Agreement for Creekside at The Landings. Not applicable. COST ESTII!,, ATE FOR H''OR DRr,I`1.=GE Ii-'PPOVEi,``7TS Include only those mayor star-m drainage basin improvements required by an adopted basin master plan. I T 'i D SC. :?T I ` ., I' COST TCT. I. Stcr;,-sewer, manholes, end sections, etc. (a) L.f. (b) L.f. (c) Ea. Ea. S �(d) Ea. Ea. S Sub -Total S 2. Channel excavation, detention pond excavation and riprap (a) C.Y: $ /C.Y. S (b) C.Y. S /C.Y. S (c) - C.Y. S /C.Y. S Sub -Total S