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HomeMy WebLinkAboutHARMONY TECHNOLOGY PARK - Filed OA-OTHER AGREEMENTS - 2005-02-11HARMONY TECHNOLOGY PARK, FIRST FILING AMENDMENT AGREEMENT NO. 2 THIS AMENDMENT AGREEMENT, made and entered into this ky day of 2004 by and between the CITY OF FORT COLLINS, COLORADO, a municipal corporation, ("City"), Celestica Colorado, Inc. a Colorado Corporation, k4 ("Developer"); and Hewlett-Packard Company, a i i corporation 'Owner"), is an amendment to that certain Development AgreFnre'r, t dated February 5 , 1998 by and between the City, the Developer and the hereinafter referred to as the "Development Agreement."i�_ WHEREAS, the City, the Developer and the Owner previously executed the Development Agreement; and WHEREAS, the parties presently desire to modify 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 hereto agree to amend the terms and conditions of the Development Agreement as follows: A. Subheading II (Special Conditions) Paragraph D D. Streets The Developer and the Owner acknowledge that a condition of the approval by the City and Colorado Department of Transportation (CDOT) requires that certain public improvements be made to the existing Harmony Road, including a four-way, lighted traffic signal at the intersection of Harmony Road and Technology Parkway and that such improvements may require the dedication by the Developer and the Owner of additional right-of-way. To the extent either of them own property on which additional right-of-way is required, the Developer and the Owner hereby agree to dedicate such additional right-of-way to the City. In addition, the Developer and the Owner agree to design and complete the construction of the requisite improvements for the Harmony Technology Park First Filing, as determined by the Developer, Owner, City and the Colorado Department of Transportation to Harmony Road and to cause the said intersection signal to be installed at Harmony Road and Technology Parkway. Notwithstanding the above, the Technology Parkway intersection shall be delayed until such time that "traffic warrants" justify its' completion, and in order to insure the construction of these improvements, the Owner and Developer agree to post a security deposit equal to 100% of the Engineer's estimated costs for construction of the improvements, which deposit shall be in the amount of $766,106.50. 6. 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Therefore, the City may seek reimbursement pursuant to Section 24-95 of the Code to collect what would have been the Developer's proportionate share of costs associated with said Harmony -Ziegler intersection improvements. Said repayment will be due to the City upon issuance of any additional building permits for this Development. In addition, the Developer and the Owner agree that neither the City nor the CDOT shall be responsible for the costs associated with the Harmony Road improvements as shown in the Final Development Plan Documents. The Developer also agrees that should the City or CDOT decide to make said roadway improvements prior to the commencement of any construction of buildings within the Development, the Developer shall contribute it's proportionate share of the costs associated with said roadway improvement with the understanding that if the Developer and/or Owner is eligible for reimbursement pursuant to Section 3.3.2 of the Land Use Code of the City, the Developer and/or Owner shall apply for the right to seek such reimbursement by execution of a reimbursement agreement. B. All other terms and conditions of the Development Agreement shall remain unchanged and in full force and effect, except as expressly amended by this Amendment Agreement No. 2. 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: City Manager ATT ST: — ILL)hS041.= � CITY CLERK APPROVED AS TO CONTENT: r11 City Engineer APPROVED AS TO FORM: Deputy City Attorney DEVELOPER: Celestic ,Colorra�do, ��Inc. a Colorado Corporation By: .� / /& David Halter, General ManagerNice President Company, a £-ati#erie Corporation By: teve S ie Beyer, Oolorado Area Manager, REWS HARMONY TECHNOLOGY PARK, FIRST FILING AMENDMENT AGREEMENT NO. 1 THIS AMENDMENT AGREEMENT, made and entered into thisl 7 day of �_ of 1999, by and between the CITY OF FORT COLLINS, COLORADO, a municipal corporation, ("City"), Celestica Corporation, a Delaware Corporation, ("successor by assignment) to Celestica Corporation, a Colorado corporation (Developer,'), and Hewlett - Packard Company, a Delaware Corporation, ("Owner"), is an amendment to that certain Development Agreement dated February 5, 1998 by and between the City, the Developer and the Owner, hereinafter referred to as the "Development Agreement." WHEREAS, the City, predecessor - in- interest to the Developer and the Owner previously executed the Development Agreement; and WHEREAS, the parties presently desire to modify 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 hereto agree to amend the terms and conditions of the Development Agreement as follows: A. Subheading 11(Special Conditions) Paragraph D subparagraph (6) the following paragraph shall be modified to read as follows: 6. The Developer and the Owner acknowledge that a condition to the approval of a four-way, lighted traffic signal at the intersection of Harmony Road and Technology Parkway by the Colorado Department of Transportation requires certain public improvements to the existing Harmony Road, and that such improvements may require the dedication by the Developer and the Owner of additional right-of-way. To the extent either of them own property on which additional right-of-way is required, the Developer and Owner hereby agree to dedicate such additional right-of-way. In addition, the Developer and Owner agree to design and complete the construction of requisite improvements for the Harmony Technology Park First Filing, as determined by the Developer and Owner, the City and the Colorado Department of Transportation to Harmony Road and to cause the said intersection signal to be installed at Harmony Road and Technology Parkway. All Harmony Road improvements, including the Technology Parkway connection, shall be completed and accepted by the City and the Colorado Department of Transportation prior to March 30,2004, or prior to the issuance of the certificate of occupancy for any building addition(s) that may occur after the initial phase, whichever shall occur first. In addition, to insure the construction of these improvements, the Owner and Developer agree to post a security deposit, equal to too % of the Engineer's estimated costs ( Exhibit A ) for construction of the improvements, which such amount is $ 7 z 3.08 &oo Said security deposit shall be updated on each anniversary date by the Developer/Owner to reflect any change in the Engineer's estimated costs for the construction of said improvements which result from inflation. The updated amounts shall be calculated using the construction cost index percentage for Denver as published in the Engineering News Record (ENR) for said anniversary date. Such security deposit shall be established with the City prior to the issuance of the first certificate of occupancy for this project and may be in the form of cash, bond, letter of credit or other form of financial guarantee acceptable to the City. The security deposit shall be released by the City upon the completion of the construction of the Harmony Road improvements. All improvements to County Road Nine (9) ( as set forth in the Utility Plans) shall be completed and accepted by the City prior to the issuance of the Certificate of Occupancy for any building within the development. In addition, the Developer and the Owner agree that neither the City nor the Colorado Department of Transportation are responsible for the costs associated with the Harmony Road improvements as shown in the Utility Plans; provided however, that if the Developer or Owner is eligible for such reimbursement pursuant to the Code of the City , the Developer and/or Owner shall retain the right to seek and receive such reimbursement, to the extent that appropriation has been made therefor. B. All other terms and conditions of the Development Agreement shall remain unchanged and in full force and effect, except as expressly amended in this Amendment Agreement No. 1. C. This agreement may be executed by any number of counterparts and by any number of counterpart signature pages, each of which shall be an original with the same effect as if each of the signatures were affixed to the same instrument. A facsimile signature on a copy of this agreement, transmitted electronically by telephone lines, shall be accepted as an original signature for all purposes. 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: t City Manag r ATTEST: /eIX � s City Clerk lC " APPROVED AS TO CONTENT: Director of Engineering � APPRO D AS TO FORM: Deputy City Attorney DEVELOPER: Celestica Corporation, a Delaware Corporation ( Successor by assignment to Celestica Colorado, Inc.) OWNER: Hewlett - P d Com any, a Delaware Corporation By: obert Shuffler, Manager CCLORADO DEPARTMENT OF TRANSPORTATION CDOT Permit No. STATE HIGHWAY ACCESS PERMIT State Highway No/Mp/Side SH68 Permii fee Date of transmittal I Region/SectioNPatrol Local jurisdiction 4/24/2000 1 04/01/04 Fort Collins The Permittee; Celestica Colorado, Inc. (Kevin Oliver) 4721 Technology Parkway Fort Collins, Co. 80528 is hereby granted permission to have an access to the state highway at fife location noted below. The access shall be constructed, maintained and used in accordance with this permit, including the State Highway Access Code and any attachments, terms, conditions and exhibits. This permit may be revoked by the issuing authority if at any time the permitted access and its use violate any parts of this permit. The issuing authority, the Department and their duly appointed agents and employees shall be held harmless against any action for personal injury or property damage sustained by reason of the exercise of the permit. Location: Approximately 1210 feet east of County Road 9 and 1350 feet west of Cambridge Drive Access to provide service to: This permit is to allow access from Harmony Road south onto a proposed public street known as Technology Parkway Other terms and conditions: This permit is for the construction of Technology Parkway, a public street that will serve an industrial and office park complex. The notice to proceed will be issued upon receipt by the City of an acceptable traffic cont plan and the contractor's certificate of insurance MUNICIPALITY OR COUNTY APPROVAL Required only when the appropriate local authority retains issuing authority. By Date Title W Upon the signing of this permit the permittee agrees to the terms and conditions and referenced attachments contained herein. All construction shall be completed in an expeditious and safe manner and shall be finished within 45 days from initiation. The permitted access shall be completed in accordance with the terms and conditions of the permit prior to being used. The permittee shall notify lance Newlin with the City of Fort Collins In Construction Inspection et 970 221-6605 at —It least 48hours prior tocomr.A.n...g construction within the State Highway rightof-way. The person signing as the permittee must be the owner w legal representative of the property served by the permitted access and have full authority to accept the permit and it's terms and conditions. Psrmto" Date W This permit is not valid until signed by a duly authorized representative of the Department. COLORADO DEPARTMENT OF TRANSPORTATION By Date (of issue) Tide Copy distribution; Required Make copies as necessary for:. Prsvlouiii edRlont N obwlete end mry not be uad I. Region (anginal) Local Authority Inspector COOT Form t701 &S8 2. Applicant MTCE Patrol Traffic Engineer 3. Staff Access Section Date: , April 24, 2000 Harmony Technology Park I` Filing Technology Parkway Exhibit A Terms and Conditions l . The Permittee shall refer to all additional standard requirements on the back of this Permit and any enclosed additional terms, conditions, exhibits and noted attachments. 2. Incorporated as part of this permit are the following: Application for Access Permit (CDOT Form No. 137) Both sides of the Permit (CDOT Form No. 101) Exhibits: "B"- Construction drawings, sheets 3 of 37 and 4&5 of 10 and 15&16 of16 "C"- Plat This Permit is issued in accordance with the State Highway Access Code (2 CCR 601-1), and is based in part upon the information submitted by the Permittee. This Permit is only for the use and purpose stated in the Application and Permit. Any changes in traffic volumes or type, drainage, or other operational aspects may render this permit void, requiring a new permit to be applied for based upon existing and anticipated future conditions. 4. If necessary, minor changes, corrections and\or additions to this permit may be ordered by the Department inspector, other Department representative or local authority to meet unanticipated site conditions. Changes may not be in violation of the Code. All major changes to the plans must be approved in writing by the Department prior to commencement of any work on or within the State Highway right-of-way. 5. Reconstruction or improvements to the access may be required when the Permittee has failed to meet the required design and\or material specifications. If any construction element fails within two years due to improper construction or material specifications, the Permittee is responsible for all such repairs. 6. The Permittee is responsible for obtaining any necessary additional federal, state and\or City\County permits or clearances required for the construction of the access. Approval of this access permit does not constitute verification of this action by the Permittee. All costs associated with the installation of this access are the responsibility of the Permittee. This includes the design, construction, utility relocation, testing of materials and inspection. 8. Landscaping, shall not obstruct sight distance at any state highway access point. 9. Permittee is responsible for any utilities disrupted by the construction of this access and all expenses incurred for their repair. Terms and Conditions (Continued) 10. Survey markers or monuments must be preserved in their original positions. Notify the Department at (970) 350-2173 immediately upon damage to or discovery of any such markers or monuments at the work site. Any survey markers or monuments disturbed during the execution of this permit shall be repaired and\or replaced immediately at the expense of the Permittee. 11. The Permittee or the contractor shall notify Lance Newlin at (970) 221-6605 or (970) 221-6609 at least two working days prior to beginning any access improvements or construction of any kind within the state highway right-of-way. Failure to comply with this requirement may result in the revocation of this permit. 12. The access shall be constructed 167 feet wide, with 30 foot radii as per Exhibit `B". 13. All required access construction shall be completed prior to the herein authorized use of this access. 14. The access shall be surfaced immediately upon completion of earthwork construction and prior to use. 15. Surfacing shall consist of asphalt pavement. 16. If frost, water or moisture is present in the subgrade, no surfacing materials shall be placed until all frost, water or moisture is gone or removed. 17. The access shall be constructed and maintained in a manner that shall not cause water to enter onto the roadway, and shall not interfere with the existing drainage system in the right-of-way. Drainage to the state highway right-of-way shall not exceed the historical rate of flow. 18. A COMPLETE COPY OF THIS PERMIT SHALL BE ON THE JOB WITH THE CONTRACTOR AT ALL TIMES DURING CONSTRUCTION. If necessary, minor changes and additions may be ordered by the Department or local authority field inspector to meet unanticipated site conditions. FAILURE TO COMPLY WITH THIS OR ANY OTHER CONSTRUCTION REQUIREMENT MAY RESULT IN THE IMMEDIATE SUSPICION OF WORK BY ORDER OF THE DEPARTMENT INSPECTOR OR THE ISSUING AUTHORITY.