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HomeMy WebLinkAboutUNIVERSITY ACRES SIXTH - Filed OA-OTHER AGREEMENTS - 2004-03-08I,EI+iO�/ i?DTJi OF AGR7ELI_ NT THIS AGFT71i7NT, made and entered into this 16th ___ da- A, April _ A.D. 1962 , by and bet,reen m ;;TPA rfTTJ';, a municipal corporation, hereinafter'psi tcd as first par'�TTs ^,.id. University Acres, Inc. Hereinafter desirnated as second pasty, W'I'I ,JTSSETH: SHEREAS, ^c_-art-? has heretof�)su'm-fled a subdivision to as Universit yS-I.Y-tk Subdimi io n___ the subdi���'_�_• ,.� b�_, �.no.rn �- --__y A@�� For approval by the: lliunicipal Plan -in,-, zoning Boarl and CLt� Council of the; City of :port Collins, and sall plat is acce��table to first o<<rty znd fist partyIs -­. Zoning Board, sUSject to construction of utilities in the area to be subdivided, NOIN, TFRnF-?-', in consideration of the premises and the terms of this agreement, it is mutually agreed as follows: 1. First party agrees that said subdivision plat shall be, and the same is hereby approved. 2. In. consideration of the approval of said plat b­ first party, and first party'- Planning and Zoning Board, second party arees as follows: (A) Io submit to first party the following detailed improvement plan_, ace ,ble to the first party: (1) A plan of the proposed aJater -J stribution system including the connectinnz pipelines to the points of connection to the first party+s existing ;pater distribution system and s'i r;ing all valves and fire hydrants. (2) Plans and profiles of the proposed sairitary aa s�er s-ystem including all manholes and connections to t:.e first party's existing sanitary sewer system. (3) A plan of the proposed elect':, -cal dish.°ibutj- ea including connecting lines to the first partyts e.xistin elecl•:icai distribution system and including all street (4) Plans and profiles of all strut irr,�rovP::ients, Plans and profiles of the proposed -rest dr�.inage system showing the; connections to the first partyis s',.r�r� :, c7stem and including all storm sewer inlets and manholes, (6) Items A(1) to A(5) inclusive are to be financed by t}ie party of the second part, excepting only Item (3) electrical distrihutiul. system. All material required for street lights are to be Laic. -or- by the party of the second part to the Light & Power Department of In the event the City of Fort Collins snail require larger wa�_,r mains, sanitary sewer mains or storm sewer mains to be constructed the subdivision than .could be required by standard engineerin; to serve t-.e subdivision, in order to properl« extend these leas to other areas, the City of Fort Collins :.,ill pay a portion. c- ro^t of such enlared facility based on proration of the coet of the 7 actually constructed and the estimated cost of such focc_lii:y as t'..e subH, ce:,'. a;, -,roved plan. Such r--oratio.i of cost . cf Fort Co ice.. rind t'_ic- subdivider uo dstermin.od in-L"a_r: ,onstruction by the City Engineer and in the event of any dispute th;__ atcor shall be submitted to the City Council for final dete-m_nation, IN 17ITT."?SS '; ? ?.70F, first party has caused these presents to . . he si ned by its Paayor and its corporate seal to be hereto affixed atte to by its City Clerk, p a suant to motion of the Council of the City of Fort Collins dated the 22nd day of February _ — y_- A.D., 19 62 , and second party has hereto set his hand and seal tie clay and year first hereinabove written. ATTEST: City Clerk THE CITY OF FORT COLLINS. A 11unicipal Corporation By-` ,' FiLrst