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HomeMy WebLinkAboutFORT RAM VILLAGE PUD SECOND - Filed OA-OTHER AGREEMENTS - 2003-11-05RCPTN # 90018737 05/04/90 08:05:40 # PAGES - 5 FEE - $25.00 M RODENBERGER RECORDER, LARIMER COUNTY CO STATE DOC FEE - $.00 THIS AGREEMENT is made and entered into this 14 day of OIH 1990, by and between THE CITY OF FORT COLLINS, I- COLORADOO, a municipal corporation ("City"), and RONALD D. GRAY and CLAUDINE V. GRAY ("Developer"). W I T N E S S E T H WHEREAS, on the 16th day of March, 1988, the Developer and the City entered into a Development Agreement ("Development Agreement No. 111) with respect to the development of the following described property, to wit: FORT RAM VILLAGE P.U.D., FIRST FILING, being a tract of land located in the North Half (N/2) of Section 15, Township 7 North, Range 69 West of the 6th P.M., City of Fort Collins, County of Larimer, Colorado. WHEREAS, on the 27th day of June, 1988, the Developer and the City entered into a Development Agreement ("Development Agreement No. 211) with respect to the development of the following described property, to wit: FORT RAM VILLAGE P.U.D., SECOND FILING, being a tract of land located in the North half (N/2) of Section 15, Township 7 North, Range 69 West of the 6th P.M., City of Fort Collins, County of Larimer, Colorado. WHEREAS, under the terms of Development Agreements No. 1 and No. 2, it is provided that the Developer shall construct those items set forth in Exhibit "A" attached hereto (hereinafter called "Improvements"). WHEREAS, as of the date hereof, the Developer has completed the portion of the Improvements which are described on Exhibit "B" attached hereto (hereinafter called "Completed Improvements"); and WHEREAS, the Completed Improvements have been accepted by the City both as to design and construction. WHEREAS, subsequent to the execution of the Development Agreements, it has become apparent to both the City and the Developer that the completion of all of the Improvements will involve an effort of a more comprehensive nature than was originally anticipated by the parties. Due to the broadened scope of activities required to complete the Improvements, it is believed by both the City and the Developer that the City should assume a more active role in the supervision and completion of said project. O1?Y OF FOP.T COLL�1 1S T NOW, THEREFORE, in consideration of the mutual promises of the parties, and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties agree as follows: 1. The Developer hereby agrees to withdraw as the party responsible for completion of the construction of the aforesaid Improvements and hereby agrees to assign and delegate that right and duty to the City. The City hereby accepts the assignment and delegation of the right and responsibility of constructing the Improvements. 2. The Developer shall be responsible for the completion of the design of the improvements from the confluence of the Larimer County No. 2 Canal and Spring Creek to Heatheridge Road; and shall be reimbursed by the City pursuant to the provisions of Development Agreements No. 1 and 2 and paragraph 4 hereof. All other necessary design shall become the responsibility of the City. 3. The Developer shall be responsible for the revegetation (grading and seeding) and maintenance of all grass areas as shown on the site plan for the Fort Ram Village P.U.D. The Developer's duty to maintain said grass areas shall terminate upon City acceptance of said revegetation as being completed in accordance with the site plan and the specifications of the City's "Storm Drainage Design Criteria and Construction Standards." The Developer shall be reimbursed for said revegetation and maintenance in accordance with the provisions of Development Agreements No. 1 and No. 2 and paragraph 4 hereof. The installation of all other landscaping ('trees and shrubs) as shown on the site plan shall be the responsibility of the City. 4. The Developer agrees that the seven percent (7%) construction management fee to which the Developer is entitled under the Development Agreement shall be reduced to four percent (4%) of the cost of the Improvements for all future construction work. 5. The City hereby agrees that the Completed Improvements have been approved and accepted by the City, both as to design and construction. 6. The City hereby agrees to indemnify and hold the Developer and their successors and assigns harmless by reason of any claim, loss, damage or liability (including attorneys' fees and costs), known or unknown, ascertained or unascertained, suffered by any person or entity which arises from or out of the construction, design, intended use, operation and/or maintenance of the Improvements, and/or the continued construction and design of the Improvements for whatever reason. E 7. This Agreement shall run with the real property hereinabove described and shall be binding upon the parties hereto, their personal representatives, heirs, successors, grantees and assigns. IN WITNESS WHEREOF, the parties hereto have executed this Agreement the day and year first above written. ATTEST: City Clerk e� AP PR D AS TO FORM: Deputy City Attorney THE CITY OF FORT COLLINS, COLORADO A Municipal Corporation By: City Manager DEVELOPER: �U Ronald D. Gray Claudine V. Gray EXHIBIT "A" Description Larimer No. 2 Canal Grading 4" PVC Subdrain 48" Inverted Siphon w/trash racks Reg. Detention Pond Earthwork Reg. Detention Pond Revegetation New Mercer Canal Overchute Spring Creek Check/Spill Structure Spring Creek Floodway Structure Canal Bk. & Plunge Pool Grad. Larimer No. 2 Canal Riprap Eliz. St. Canal Culvert Improvement New Mercer Permit 4' Trickle Pan 4 Quantity Unit 1 LS 1615 LF 1 LS 1 LS 1 LS 1 LS 1 LS 1 LS 1 LS 1 LS 1 LS 1 LS 460 LF EXHIBIT "B" Description Larimer No. 2 Canal Grading 48" Inverted Siphon Reg. Detention Pond Earthwork Reg. Detention Pond Revegetation New Mercer Canal Permit 4' Trickle Pan Larimer No. 2 Canal Riprap 5 Quantity Unit 1 LS 99 LF 1 LS 1 LS 1 LS 460 LF 1 LS