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HomeMy WebLinkAboutWARREN FARMS - Filed OA-OTHER AGREEMENTS - 2004-03-11WARREN FARM SUBDIVISION FIRST AMENDMENT AGREEMENT THIS AMENDMENT AGREEMENT, is made and entered into this day of February, 1988, by and between the CITY OF FORT COLLINS, COLORADO, a municipal corporation ("City"), and AMERICAN FEDERAL SAVINGS, COLORADO SPRINGS, COLORADO, ("Developer"), is an amend- ment to that. certain Development Agreement dated the 22nd day of July, 1986, by and between the City and REID L. ROSENTHAL ("Development Agreement"). WHEREAS, the parties hereto (or their predecessor's in inter- est) previously executed a Development Agreement on July 22, 1986; and WHEREAS, the parties are presently desirous of making modifi- cation of 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") subpara- graph B (Storm drainage lines and appurte- nances) of the Development Agreement shall be modified in its entirety to provide as follows: B. Storm drainage lines and appurtenances. Prior to the issuance of more than sixteen (16) building permits all storm drainage improve- ments must be installed by the Developer and approved by the City. The Developer shall be responsible for maintenance of all storm drain- age facilities except those within the City's right-of-way. Except as herein amended or modified, the Development Agree- ment shall continue in full force and effect. This Agreement and the Development Agreement constitutes the entire understanding of the parties. IN WITNESS WHEREOF, the parties hereto have set their hands the day and year first above written. CITY OF FORT COLLINS a muni ipal corporate By Steven C. B rkett, City Manager ATTEST: Mā€”molkNI._. 1m APPROVED AS TO FORM: Assistant City Attorney City gineer AMERICAN FEDERAL SAVINGS Colorado Springs, Colorado Rich- d Butler, Vice President (SEAL) ATTEST: 61y Commission expires June 16, 1991 (SEAL) ATTE