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HomeMy WebLinkAboutOAKRIDGE BUSINESS PARK TWENTY-FIRST FILING - Filed DA-DEVELOPMENT AGREEMENT - AMENDMENT 1 - 1996-05-20OAKRIDGE BUSINESS PARK, TWENTY - FIRST FILING AMENDMENT AGREEMENT NO. 1 THIS AMENDMENT AGREEMENT, made and entered into this Zi�Day of z of 199�, by and between the CITY OF FORT COLLINS, COLORADO, a municipal corporation, ("City") and THE SUMMIT GROUP, INC., a South Dakota corporation ("Developer"), is an amendment to that certain Development Agreement dated April 15, 1996 by and between the City and the THE SUMMIT GROUP, INC., a South Dakota corporation, hereinafter referred to as the "Development Agreement." WHEREAS, the City and the Developer previously executed the Development Agreement, and WHEREAS, the parties are presently desirous of 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 are hereby acknowledged, the parties agree that subheading I (General Conditions) Paragraph C shall be replaced with the following paragraph to read as follows to wit: 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 lines and streets (including curb, gutter and sidewalk and pavement with at least the base course completed) serving such structure have been completed and accepted by the City. Notwithstanding the forgoing, the Developer shall be entitled to receive a building permit for the construction of improvements within the development upon the installation of adequate water lines, fire hydrants, and street access to provide fire protection and other emergency services to the site. All such water lines, hydrants and street access shall be approved by the Poudre Fire Authority prior to issuance of any building permit. No building permits shall be issued for any structure located in excess of six hundred sixty feet (660') from a single point of access. IN WITNESS WHEREOF, the parties hereto have set their hands the day and year first above written. THE CITY OF FORT COLLINS, COLORADO, a Municipal Corporation By: ♦• 'r S City anager ATTEST: CITY CL ��� APPROVED AS TO CONTENT: Director of Engineering APPROVED ASTOFORM: Citl ttorney DEVELOPER: THE SUMMIT GROUP, INC., A South Dakota Corporation Ke . Boekelheide, President By: Blake A. Hoffman, ice President ATTEST: �//�/� Wake A. Hoffman, g tary