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HomeMy WebLinkAbout20102619.tiff October 21, 2010 Sent Via Registered Mail i rI: TOWN OF ERIE 8 74 Weld County Commissioners Douglas Rademacher, Chair 915 Tenth Street PO Box 758 Greeley, CO 80632 RE: Annexation Petition Dear Mr. Rademacher: The Town of Erie has scheduled a public hearing to consider a petition for the "Sheridan/I-Iighway 7 Commercial Center Annexation" for November 23, 2010, at 6:30 p.m. or as soon as possible thereafter. The Public Hearing will be held in the Board Room of the Erie Town Hall, 645 Holbrook, Erie, CO 80516. Per C.R.S. 31-12-108 (2) "A copy of the published notice, together with a copy of the resolution and petition as filed, shall also be sent by registered mail by the clerk to the board of county commissioners and to the county attorney of the county wherein the territory is located and to any special district or school district having territory within the area to be annexed at least twenty-five days prior to the date fixed for such hearing." Please find enclosed the following documents: I) Resolution No. 10-129: A Resolution Finding Substantial Compliance Of The Annexation Petition Regarding The Annexation And Zoning Of Certain Properties In Weld County, Colorado To The Town Of Erie, Said Annexation To Be known As The Sheridan/Highway 7 Commercial Center Annexation; Setting A Public Hearing On Said Annexation And Zoning. 2) Petition submitted by the applicants; including legal descriptions and maps 3) Copy of published notice; to be run October 13, 2010; October 20, 2010; October 27, 2010; and November 3, 2010. 4) Copy of the Impact Report with attached maps Please refer questions or comments to the Erie Town Clerk's Office, 303-926-2731; fax: 303-926-2798; P.O. Box 750, Erie, CO 80516 Very Truly Yours, Nancy J. P ker" Town Clerk Town of Erie, Colorado Enclosures cc: Town Attorney; Town Administrator; file blic �e� '�tw CC: 50, PL , Cvn(1);ve W1 v\ 1 p gar(' (�j C� J 2010-2619 (.1` IioN• unk • Po it.n 7s0 • I[no. (ulin ado. ti0�l6 • Phew. 130?.Y26-.2700 • III[ (30,)926-.270 r I. RESOLUTION NO. 10-129 A RESOLUTION FINDING SUBSTANTIAL COMPLIANCE OF THE ANNEXATION PETITIONS REGARDING THE ANNEXATION OF CERTAIN PROPERTIES IN WELD COUNTY, COLORADO TO THE TOWN OF ERIE, SAID ANNEXATION TO BE KNOWN AS THE SHERIDAN/HIGHWAY 7 COMMERCIAL CENTER ANNEXATION. WHEREAS, petitions for annexation of certain properties has been filed with the Board of Trustees of the Town of Erie, Colorado by TC Enterprises, LLC and the Town of Erie, a Colorado Municipal Corporation; and WHEREAS, the Board of Trustees has reviewed the petitions; and WHEREAS, the Board of Trustees wishes to permit simultaneous consideration of subject properties for annexation and zoning; and WHEREAS, the Board of Trustees has reviewed the petitions and desires to adopt by Resolution its findings in regard to the petition; NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF ERIE, COLORADO, as follows: 1. The petitions, whose legal descriptions are attached hereto as "Exhibit A" and incorporated by reference herein, is in substantial compliance with the applicable laws of the State of Colorado. 2. No election is required under C.R.S. §31-12-107(2). 3. No additional terms and conditions are to be imposed as may require an election under C.R.S. §31-12-112. 4. The Board of Trustees will hold a public hearing for the purpose of determining if the proposed annexation complies with C.R.S. §31-12-104, and with C.R.S. §31-12-105, and will hold a public hearing to determine the appropriate zoning of the subject properties, at the Erie Town Hall, 645 Holbrook Street,Erie, Colorado 80516, at the following time and date: 6:30 PM, November 23, 2010 5. Any person may appear at such hearing and present evidence relative to the proposed annexation or the proposed zoning. 6. Upon completion of the hearing, the Board of Trustees shall set forth,by resolution, its findings and conclusions with reference to the eligibility of the proposed annexation, and whether the statutory requirements for the proposed annexation have been met, and further, will determine the appropriate zoning of the subject property. 7. The appropriate Town Officials are hereby authorized to sign and bind the Town to this Resolution of Substantial Compliance. INTRODUCED, READ, SIGNED AND APPROVED this 12th day of October, 2010. TOWN OF ERIE, a Colorado municipal corporation By7 ' J e i A. 'Non, Ma or ATTEST ,,,,-. By / 441"--\ ''' ''''-1.›..N y J. Pirk , CMC, Town Clerk .... ELI EXHIBIT A PARCEL 1-TC Enterprises LLC A PARCEL OF LAND LOCATED IN THE SOUTH HALF OF SECTION 33,TOWNSHIP 1 NORTH, RANGE 68 WEST OF THE SIXTH PRINCIPAL MERIDIAN MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTH QUARTER CORNER OF SAID SECTION 33; THENCE N00°06'06"E,75.00 FEET ALONG THE WEST LINE OF THE SOUTHEAST QUARTER TO THE POINT OF BEGINNING; THENCE N89°38'37"W,498.22 FEET ALONG THE NORTH RIGHT OF WAY LINE OF COLORADO STATE HIGHWAY 7; THENCE N00°06'16"E,865.79 FEET ALONG THE EASTERLY LINE OF VISTA RIDGE MASTER PLAT PARCEL 34; THENCE ALONG THE SOUTHERLY RIGHT OF WAY LINE OF RIDGE VIEW DRIVE THE FOLLOWING TWO COURSES: 1) S89°31'49"E,551.15 FEET; 2) 46.57 FEET ALONG THE ARC OF A TANGENT CURVE TO THE RIGHT,SAID ARC SUBTENDED BY A RADIUS OF 30.00 FEET,A CENTRAL ANGLE OF 88°5T03" AND A CHORD BEARING S45°03'17"E,42.04 FEET. THENCE ALONG THE WESTERLY RIGHT OF WAY LINE OF SHERIDAN BOULEVARD THE FOLLOWING TWO COURSES: 1) S00°34'46"E,804.80 FEET; 2) 47.61 FEET ALONG THE ARC OF A TANGENT CURVE TO THE RIGHT,SAID ARC SUBTENDED BY A RADIUS OF 30.00 FEET,A CENTRAL ANGLE OF 90°55'52" AND A CHORD BEARING S44°53'10"W,42.77 FEET; THENCE N89°38'54'W,62.20 FEET ALONG THE NORTH RIGHT OF WAY OF COLORADO STATE HIGHWAY 7 TO THE POINT OF BEGINNING,CONTAINING 11.63 ACRES. PARCEL 2-Town of Erie A PARCEL OF LAND LOCATED IN THE SOUTH HALF OF SECTION 33,TOWNSHIP 1 NORTH, RANGE 68 WEST OF THE 6TH P.M.,WELD COUNTY,COLORADO,MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTH QUARTER CORNER OF SAID SECTION 33; THENCE N00'106'16'E.75.00 FEET ALONG THE NORTH-SOUTH CENTERLINE OF SECTION 33: THENCE S89'38'54"E.62.20 FEET ALONG THE NORTH RIGHT OF WAY OF COLORADO STATE HIGHWAY 7 TO THE POINT OF BEGINNING; THENCE 47.61 FEET ALONG THE ARC OF A TANGENT CURVE TO THE LEFT,SAID ARC SUBTENDED BY A RADIUS OF 30.00 FEET,A CENTRAL ANGLE OF 90'55'52"AND A CHORD BEARING N44'53'10"E, 42.77 FEET; THENCE N00'34'46"W.804.80 FEET; THENCE 46.57 FEET ALONG THE ARC OF A TANGENT CURVE TO THE LEFT,SAID ARC SUBTENDED BY A RADIUS OF 30.00 FEET,A CENTRAL ANGLE OF 88'57'03"AND A CHORD BEARING N45'03'17"W.42.04 FEET; THENCE N89'31'49"W,551.15 FEET; THENCE N00'06'16"E.80.00 FEET; THENCE S89'31'49"E. 549.09 FEET; THENCE 47.67 FEET ALONG THE ARC OF A TANGENT CURVE TO THE LEFT,SAID ARC SUBTENDED BY A RADIUS OF 30.00 FEET,A CENTRAL ANGLE OF 91'02'57" AND A CHORD BEARING N44'56'53"E,42.81 FEET; THENCE N00'34'46"W.353.56 FEET; THENCE N89'38'37"W.76.83 FEET; THENCE N00'06'16"E. 1.242.87 FEET ALONG THE NORTH-SOUTH CENTERLINE OF SECTION 33: THENCE S89'55'59"E.139.00 FEET ALONG THE EAST-WEST CENTERLINE OF SECTION 33; THENCE S00'34'46"E.2.572.59 FEET; THENCE N89'38'54"W, 107.50 FEET ALONG THE NORTH RIGHT OF WAY OF COLORADO STATE HIGHWAY 7 TO THE POINT OF BEGINNING, CONTAINING 7.61 ACRES. TO: THE BOARD OF TRUSTEES OF THE TOWN OF ERIE,COLORADO. RE: Petition Known As: Sheridan/Highway 7 Commercial Center DATE: September 29,2010 I, TC Enterprises, LLC, a Colorado limited liability company , the undersigned landowner, in accordance with Colorado law,hereby petition the Town of Erie and its Board of Trustees for annexation to the Town of Erie of the following described unincorporated territory located in the County of Weld and State of Colorado,to-wit: See Attached Legal Description "Exhibit A" As part of this petition, your petitioner further states to the Board of Trustees of Erie, Colorado, that: 1. It is desirable and necessary that the territory described above be annexed to the Town of Erie. 2. The requirements of C.R.S. sections 31-12-104 and 31-12-105, as amended, exist or have been met in that: a. Not less than one-sixth of the perimeter of the area proposed to be annexed is contiguous with the Town of Erie or will be contiguous with the Town of Erie within such time as required by 31-12-104. b. A community of interest exists between the area proposed to be annexed and the Town of Erie. c. The area proposed to be annexed is urban or will be urbanized in the near future. d. The area proposed to be annexed is integrated with or is capable of being integrated with the Town of Erie. e. No land within the boundary of the territory proposed to be annexed which is held in identical ownership, whether consisting of one tract or parcel of real estate or two or more contiguous tracts or parcels of real estate, has been divided into separate parts or parcels without the written consent of the landowner or landowners thereof, unless such tracts or parcels were separated by a dedicated street,road or other public way. f. No land within the boundary of the area proposed to be annexed which is held in identical ownership, comprises twenty acres or more, and which, together with the buildings and improvements situated thereon has an assessed value in excess of two hundred thousand dollars ($200,000.00) for 1 TO: THE BOARD CM'TRUSTEES OF THE TOWN OF ERIC.COLORADO. RE: Petition Known As: Sheridan.highway 7 Commercial Center DATE: September 29, 201 1. Mike N. Acimovic, the undersigned landowner, in accordance with Colorado law, hereby petition the Town of Erie and its Board of Trustees for annexation to the Town of'Erie of the following described unincorporated territory located in the County of Weld and Slate of C.olorado. to-wit: See attached"Exhibit.A" As part of this petition. your petitioner further states to the Board of Trustees of Erie, Colorado. that: 1. It is desirable and necessary that the territory described above be annexed to the Town of Erie. 2. The requirements of C.R.S. sections 31-12-104 and 31-12-105, as amended. exist or have been met in that: a. Not less than one-sixth oldie perimeter of the area proposed to be annexed is contiguous with the Town of Erie or will he contiguous with the Town of Eric within such time as required by 31-12-104. h. A community of interest exists between the area proposed to be annexed and the Town of Erie. c. The area proposed to be annexed is urban or will be urbanized in the near future. d. The area proposed to he annexed is integrated with or is capable of being integrated with the Town of Erie. e. No land within the boundary of the territory proposed to he annexed which is held in identical ownership. whether consisting of one tract or parcel of real estate or two or more contiguous tracts or parcels of real estate. has been divided into separate parts or parcels without the written consent of the landowner or landowners thereof, unless such tracts or parcels were separated by a dedicated street. road or other public way. f. No land within the boundary of the area proposed to he annexed which is held in identical ownership, comprises twenty acres or more, and which, together with the buildings and improvements situated thereon has an assessed value in excess ol'two hundred thousand dollars (X200.000.00) for ad valorem tax purposes for the year next preceding the annexation. has been included within the area proposed to be annexed without the written consent of the landowner or landowners. g. No annexation proceedings have been commenced for any portion of the territory proposed to be annexed for the annexation of such territory to another municipality. h. The annexation of the territory proposed to be annexed will not result in the detachment of area from any school district. i. The annexation of the territory proposed to be annexed will not have the effect of extending the boundary of the Town of Erie more than three miles in any direction from any point of the boundary of the Town of Erie in any one year. j. Prior to completion of the annexation of the territory proposed to he annexed, the Town of Erie will have in place a plan for that area, which generally describes the proposed: locations ation, character, and extent of streets. subways, bridges, waterways. waterfronts, parkways. playgrounds, squares, parks, aviation fields, other public ways. grounds, open spaces, public utilities, and terminals for water, light. sanitation, transportation, and power to be provided by the Town of Erie; and the proposed land uses for the area: such plan to be updated at least once annually. k. In establishing the boundary of the territory proposed to he annexed. if a portion of a platted street or alley is to be annexed, the entire width of the street or alley has been included within the territory to be annexed. The Town of Erie will not deny reasonable access to any landowners, owners of any easement, or the owners of any franchise adjoining any platted street or alley which is to be annexed to the Town of Erie but is not bounded on both sides by the Town of Erie. 3. The owners of more than fifty percent of the area proposed to he annexed. exclusive of dedicated streets and alleys, have signed this petition and hereby petition Ibr annexation of such territory. 4. Accompanying this petition are four copies of an annexation map containing the following informal ion: a. A written legal description of the boundaries of the area proposed to he annexed; b. A map showing the boundary or the area proposed to be annexed, said map prepared and containing the seal of a registered engineer: c. Within the annexation boundary map, a showing of' the location of each ownership tract in unplatted land and, if part or all of the area is platted. the boundaries and the plat numbers of plots or of lots and blocks: d. Next to the boundary of the area proposed to be annexed, a drawing of the contiguous boundary of the Town of Erie and the contiguous boundary of any other municipality abutting the area proposed to be annexed, and a showing of he dimensions of such continuous boundaries. 5. Upon the Annexation Ordinance becoming effective. all lands within the area proposed to he annexed will htxxwme subject to all ordinances, rules and regulations of the Town of Erie, except for general property taxes of the Town of Erie which shall become ell-Wive as the January I next ensuing. 6. The zoning classification requested for the area proposed to be annexed is PD-Planned Development(Vista Ridge FD Amended). WHEREFORE., the following petitioner respectfully requests that the Town of Erie, acting through its Board of Trustees, approve the annexation of the area proposed to be annexed. By this acknowledgment. the undersigned hereby certify that the above information is complete and true. OWNERS: To%%d f Erie( • By: Mike N. Acimovic,Town Administrator STATE()F COLORADO ) ss. COUNTY OF _.._\\ItL I --- - ) The foregoing instrument was acknowledged before me this 7- day of &At , 201(1 by Mike N. Acimovic as Town Administrator for the Town of Erie. My commission expires: 0 L. - /L•26/4/. WitnedWuhay}d and official seal. se 4 J. P.4 cy( �• .TAR • �'� Notary bile o y: A= PUBLIC •:�Q 6tii,PF CC"- O %t• +`'` •+°ear:;io,11ay• RECORD OF I D OWNERSHIP Ante x :,SIGNED LandowneriPetithmeT Legal Description m2«Address Dale Sinned of Land Owned Town of Eric Sec attached Exhibit A Mike N. Acimoxic n Administrator 645 , rookS v PO Box 750 Erie, 80516 AFFIDAVIT OF CIRCULATOR STATE OF COLORADO ) ) Ss. COUNTY OF W IWI° ) R. Martin Ostholthoff, being first duly sworn upon oath. deposes and says that he was the circulator of this Petition for Annexation of lands to the Town of Eric. Colorado, consisting of six(6)pages including this page and that each signature hereon was witnessed by your affiant and is the signature of the person whose name it purports to be. fn 1 re Atilk itc.1114./4"--- T-- Circulator t (. STATE OF COLORADO ) ) ss. COUNTY OF W e.. I d _-� ►The foregoing instrument was acknowledged before me this `/'4- day of ..._k?C�.1Z1.LC4-..f..... , 2010 by R.Martin Ostholthofi: My commission expires: CC* - l U, • ZUt'-{ Witness My hand and official seal. „Atuouutoinik, . NpYARy% • otary rblic cr. PUB L1C'�a 4„„i?F G010 Lit i., .---, "EXHIBIT,1" A PARCEL OF LAND LOCATED IN THE SOUTH HALF OF SECTION 33. TOWNSHIP 1 NORTH,RANGE 68 WEST OF THE 6TH P.M., WELD COUNTY,COLORADO, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTH QUARTER CORNER OF SAID SECTION 33: THENCE N00106'16'E. 75.00 FEET ALONG THE NORTH-SOUTH CENTERLINE OF SECTION 33: THENCE S89.38'54"E.62.20 FEET ALONG THE.NORTH RIGHT OF WAY OF COLORADO STATE HIGHWAY 7 TO THE POINT OF BEGINNING; THENCE 47.61 FEET ALONG THE ARC OF A TANGENT CURVE TO THE LEFT', SAID ARC SUBTENDED BY A RADIUS OF 30.00 FEET, A CENTRAL ANGLE OF 90'55'52"AND A CHORD BEARING N44'53'10"E, 42.77 FEET: THENCE N00'34'46"W. 804.80 FEET: THENCE 46.57 FEET AI..ONG THE:ARC OF A TANGENT NT CURVE.TO THE; LEFT, SAW ARC SUBTENDED BY A RADIUS OF 30.00 FEET,A CENTRAL ANGLE OF 88'5.7'03" AND A CHORD BEARING N45'03'17'1'x'. 42.04 FEET; THENCE ?89' 31' 49"W, 551.15 FEET; THENCE N00'06'16"F. 80.00 FELT: THENCE 589'31'49"E. 549.09 FEET: THENCE 47.67 FEET ALONG THE ARC OF A TANGENT CURVE TO TIlE LEFT, SAID ARC SUBTENDED BY A RADIUS OF 30.00 FEET, A CENTRAL ANGLE OF 91'02'5T'AND A CHORD BEARING N44'56'53"E,, 42.81 FEET; THENCE N00'34'46'W. 353.56 FEET; THENCE N89'38'37"W. 76.83 FEET: THENCE 1100' 06' .16"E. 1.242.87 FEET AI..ONG THE NORTH-SOUTH CENTERLINE OF SECTION 33: THENCE S89' 55' 59"E.139.00 FEET AL(.)NG THE EAST-WEST CENTERLINE OF SECTION 33: THENCE SO u' 34' 46"E. 2.572.59 FEET; THENCE N89'38'54"W, 107.50 FEET ALONG 'THE NORTH RIGHT OF WAY OF COLORADO STATE HIGHWAY 7 TO THE POINT OF BEGINNING. CONTAINING 7.61 ACRES. ad valorem tax purposes for the year next preceding the annexation,has been included within the area proposed to be annexed without the written consent of the landowner or landowners. g. No annexation proceedings have been commenced for any portion of the territory proposed to be annexed for the annexation of such territory to another municipality. h. The annexation of the territory proposed to be annexed will not result in the detachment of area from any school district. i. The annexation of the territory proposed to be annexed will not have the effect of extending the boundary of the Town of Erie more than three miles in any direction from any point of the boundary of the Town of Erie in any one year. j. Prior to completion of the annexation of the territory proposed to be annexed, the Town of Erie will have in place a plan for that area, which generally describes the proposed: Location, character, and extent of streets, subways, bridges, waterways, waterfronts, parkways, playgrounds, squares, parks, aviation fields, other public ways, grounds, open spaces, public utilities, and terminals for water, light, sanitation, transportation, and power to be provided by the Town of Erie; and the proposed land uses for the area; such plan to be updated at least once annually. k. In establishing the boundary of the territory proposed to be annexed, if a portion of a platted street or alley is to be annexed, the entire width of the street or alley has been included within the territory to be annexed. The Town of Erie will not deny reasonable access to any landowners, owners of any easement, or the owners of any franchise adjoining any platted street or alley which is to be annexed to the Town of Erie but is not bounded on both sides by the Town of Erie. 3. The owners of more than fifty percent of the area proposed to be annexed, exclusive of dedicated streets and alleys, have signed this petition and hereby petition for annexation of such territory. 4. Accompanying this petition are four copies of an annexation map containing the following information: a. A written legal description of the boundaries of the area proposed to be annexed; b. A map showing the boundary or the area proposed to be annexed, said map prepared and containing the seal of a registered engineer; c. Within the annexation boundary map, a showing of the location of each ownership tract in unplatted land and, if part or all of the area is platted, the 2 boundaries and the plat numbers of plots or of lots and blocks; d. Next to the boundary of the area proposed to be annexed, a drawing of the contiguous boundary of the Town of Erie and the contiguous boundary of any other municipality abutting the area proposed to be annexed, and a showing of the dimensions of such contiguous boundaries. 5. Upon the Annexation Ordinance becoming effective, all lands within the area proposed to be annexed will become subject to all ordinances, rules and regulations of the Town of Erie, except for general property taxes of the Town of Erie which shall become effective as the January 1 next ensuing. 6. This petition is conditioned upon the zoning classification for the area proposed to annexed being approved for PD — Planned Development (Vista Ridge PD Amended-Commercial Planning Area) and approval by the petitioner of an annexation agreement acceptable to the petitioner. In the event the zoning classification for the area proposed to be annexed is not approved as PD — Planned Development (Vista Ridge PD Amended-Commercial Planning Area) by the Town Board of Trustees, or the annexation agreement is not approved by the petitioner, then, in that event, petitioner may withdraw this petition. This shall be the only remedy available to the petitioner. WHEREFORE, the following petitioner respectfully requests that the Town of Erie, acting through its Board of Trustees, approve the annexation of the area proposed to be annexed. By this acknowledgment,the undersigned hereb certify that the above information is complete and true. Own . Date: /O—O 9—./0 Owner: Date: Applicant: Date: STATE OF COLORADO ) ss. COUNTY OF } ekt- Sr.J ) 1{ The for ns❑umei wled before me this°/ day of_ die so 20 /J b� t _ JAMES R. SPEHALSKI My commissionhand and Witness My NOTARY PUBLIC hand and official seal. STATE OF COLORADO Notary Public Iv601trNubn Eike Apra 18,2612 3 RECORD OF LAND OWNERSHIP AND DATE SIGNED Landowner/Petitioner Legal Description Mailing Address Date Signed of Land Owned TC Enterprises,LLC See"Exhibit A" Andy Chaikovsky 4915 S.Gaylord St. Englewood,CO 80113 do Marathon Land Company James Spehalski 9750 W.Cambridge Place Littleton,CO 80127 4 AFFIDAVIT OF CIRCULATOR STATE OF COLORADO ss. COUNTY OF nn ) (eject-in Lc:S Vim. J F 4a—=`-? I being first duly sworn upon oath, deposes and says that he was the circulator of this Petition for Annexation of lands to the Town of Erie, Colorado, consisting of 6 pages including this page and that each signature hereon was witnessed by your affiant and is the signature of the person whose name it purports to be. Circul or STATE OF COLORADO ) ss. COUNTY OF A Ro.pnko.e ) The foregoing instrument was acknowledged before me this 3Tday of ocJvbe a? 2010 by Tam PS 2 S?c.hn1c + My commission expires: ( C 131 I d)o t I Witness My hand and official seal. _ Notary Public =�\.\.J`�js�ttt VO.�OTAigP..p ttt e • It I .O tIt�1. *. uBt.\-.pO te th OF CO-O�_ My Commission Expires 10/31/2011 5 "EXHIBIT A" I Fri DESCRIPT10N; A PARCEL OF LAND LOCATED IN THE SOUTH HALF OF SECTION 33, TOWNSI-IP ' NORTH, RANGE 68 WEST OF THE SIXTH PRINCIPAL MERIDIAN MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTH QUARTER CORNER OF SAID SECTION 33; THENCE NOO'06'16"E. 75.00 FEET ALONG THE WEST UNE OF THE SOUTHEAST QUARTER TO THE POINT OF BEGINNING; THENCE N89'38'37"W, 498.22 FEET ALONG THE NORTH RIGHT OF WAY LINE OF COLORADO STATE HIGHWAY 7; THENCE NOO'06'16"E, 865.79 FEET ALONG THE EASTERLY LINE OF VISTA RIDGE MASTER PLAT PARCEL 34; THENCE ALONG THE SOUTHERLY RIGHT OF WAY UNE OF RIDGE VIEW DRIVE TI-E FOLLOWING TWO COURSES: 1) 589131'4a, 551.15 FEET ; 2) 46.57 FEET ALONG THE ARC OF A TANGENT CURVE TO THE RIGHT, SAID ARC SUBTENDED BY A RADIUS OF 30.00 FEET, A CENTRAL ANGLE OF 8857'03" AND A CHORD BEARING 545'03'17-E. 42.04 FEET; THENCE ALONG THE WESTERLY RIGHT OF WAY UNE OF SHERIDAN BOULEVARD THE FOLLOWING TWO COURSES: 1) SOO'34'46'E. 804.80 FEET; 2) 47.61 FEET ALONG THE ARC OF A TANGENT CURVE TO THE RIGHT. SAID ARC SUBTENDED BY A RADIUS OF 30.00 FEET, A CENTRAL ANGLE OF 90'55'5t AND A CHORD BEARING 54453'10"W. 42.77 FEET; THENCE N89'38'54"W, 62.20 FEET ALONG THE NORTH RIGHT OF WAY OF COLORADO STATE HIGHWAY 7 TO THE PANT OF BEGINNING, CONTAINING 11.63 ACRES. 6 NOTICE OF PUBLIC HEARING BOARD OF TRUSTEES TOWN OF ERIE Notice is hereby given that on November 23, 2010, at 6:30 PM, or as soon as possible thereafter, in the Town Hall, 645 Holbrook, Erie, Colorado, or at such place and time as the hearing may be adjourned to, a PUBLIC HEARING will be held upon the Petitions for Annexation filed by TC Enterprises, LLC, 4915 South Gaylord Street, Englewood, CO 80113, and by the Town of Erie, 645 Holbrook Street, Erie, CO 80516, for the purpose of determining and finding whether the area proposed to be annexed meets the applicable requirements of C.R.S. Sections 31-12-104 and 31-12-105 and is considered eligible for annexation. A copy of the Petitions for Annexation, as filed, is included in this Notice. The legal description of the properties are: PARCEL 1-TC Enterprises LLC A PARCEL OF LAND LOCATED IN THE SOUTH HALF OF SECTION 33,TOWNSHIP 1 NORTH, RANGE 68 WEST OF THE SIXTH PRINCIPAL MERIDIAN MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTH QUARTER CORNER OF SAID SECTION 33; THENCE N00°06'06"E, 75.00 FEET ALONG THE WEST LINE OF THE SOUTHEAST QUARTER TO THE POINT OF BEGINNING; THENCE N89°38'37"W,498.22 FEET ALONG THE NORTH RIGHT OF WAY LINE OF COLORADO STATE HIGHWAY 7; THENCE N00°06'16"E, 865.79 FEET ALONG THE EASTERLY LINE OF VISTA RIDGE MASTER PLAT PARCEL 34; THENCE ALONG THE SOUTHERLY RIGHT OF WAY LINE OF RIDGE VIEW DRIVE THE FOLLOWING TWO COURSES: 1) 589°31'49"E, 551.15 FEET; 2) 46.57 FEET ALONG THE ARC OF A TANGENT CURVE TO THE RIGHT, SAID ARC SUBTENDED BY A RADIUS OF 30.00 FEET,A CENTRAL ANGLE OF 88°57'03" AND A CHORD BEARING 545°03'17"E,42.04 FEET. THENCE ALONG THE WESTERLY RIGHT OF WAY LINE OF SHERIDAN BOULEVARD THE FOLLOWING TWO COURSES: 1) S00°34'46"E, 804.80 FEET; 2) 47.61 FEET ALONG THE ARC OF A TANGENT CURVE TO THE RIGHT, SAID ARC SUBTENDED BY A RADIUS OF 30.00 FEET,A CENTRAL ANGLE OF 90°55'52" AND A CHORD BEARING S44°53'10"W,42.77 FEET; THENCE N89°38'54"W,62.20 FEET ALONG THE NORTH RIGHT OF WAY OF COLORADO STATE HIGHWAY 7 TO THE POINT OF BEGINNING, CONTAINING 11.63 ACRES. PARCEL 2-Town of Erie A PARCEL OF LAND LOCATED IN THE SOUTH HALF OF SECTION 33,TOWNSHIP 1 NORTH, RANGE 68 WEST OF THE 6TH P.M., WELD COUNTY, COLORADO,MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTH QUARTER CORNER OF SAID SECTION 33; THENCE N00'106'16'E.75.00 FEET ALONG THE NORTH-SOUTH CENTERLINE OF SECTION 33: THENCE S89'38'54"E. 6120 FEET ALONG THE NORTH RIGHT OF WAY OF COLORADO STATE HIGHWAY 7 TO THE POINT OF BEGINNING; THENCE 47.61 FEET ALONG THE ARC OF A TANGENT CURVE TO THE LEFT, SAID ARC SUBTENDED BY A RADIUS OF 30.00 FEET,A CENTRAL ANGLE OF 90'55'52"AND A CHORD BEARING N44'53'10"E, 42.77 FEET; THENCE N00'34'46"W. 804.80 FEET; THENCE 46.57 FEET ALONG THE ARC OF A TANGENT CURVE TO THE LEFT, SAID ARC SUBTENDED BY A RADIUS OF 30.00 FEET,A CENTRAL ANGLE OF 88'57'03"AND A CHORD BEARING N45'03'17"W.42.04 FEET; THENCE N89'3I'49"W,551.15 FEET; THENCE N00'06'16"E. 80.00 FEET; THENCE S89'31'49"E. 549.09 FEET; THENCE 47.67 FEET ALONG THE ARC OF A TANGENT CURVE TO THE LEFT, SAID ARC SUBTENDED BY A RADIUS OF 30.00 FEET,A CENTRAL ANGLE OF 91'02'57" AND A CHORD BEARING N44'56'53"E,42.81 FEET; THENCE N00'34'46"W. 353.56 FEET; THENCE N89'38'37"W.76.83 FEET; THENCE N00'06'16"E. 1.242.87 FEET ALONG THE NORTH-SOUTH CENTERLINE OF SECTION 33: THENCE S89'55'59"E .139.00 FEET ALONG THE EAST-WEST CENTERLINE OF SECTION 33; THENCE S00'34'46"E. 2.572.59 FEET; THENCE N89'38'54"W, 107.50 FEET ALONG THE NORTH RIGHT OF WAY OF COLORADO STATE HIGHWAY 7 TO THE POINT OF BEGINNING, CONTAINING 7.61 ACRES. The Application for Annexation and Initial Zoning is on file with the Town of Erie. Any person may appear at the Public Hearing and present evidence upon any matter to be determined by the Board of Trustees. The Board of Trustees will be taking comments at the Public Hearing prior to making a determination or taking any action on this matter. /s/ Nancy J. Parker Town Clerk FOR QUESTIONS OR COMMENTS, CONTACT TOWN OF ERIE COMMUNITY DEVELOPMENT DEPARTMENT P.O. BOX 750 ERIE, COLORADO 80516 PHONE: (303) 926-2770 FAX: (303) 926-2706 This Notice shall be published in the Colorado Hometown Newspaper once a week for four successive weeks: October 13, 2010, October 20, 2010, October 27, 2010 and November 3, 2010. Please send the affidavit of publication and billing to: Town Clerk Town of Erie PO Box 750 Erie, CO 80516 Sheridan/Highway 7 Commercial Center ANNEXATION IMPACT REPORT Prepared for the County of Weld, Colorado Town of Erie Community Development Department 645 Holbrook Street Erie, Colorado 80516 Issued: October 21, 2010 Page 1 of 26 INTRODUCTION This Annexation Impact Report is provided to Weld County pursuant to C.R.S. 31-12-108.5O). The Town of Erie, Colorado, has received annexation petitions for approximately 19.23 acres located within Weld County, owned by TC Enterprises, LLC and the Town of Erie. The property is proposed for zoning as PD-Planned Development (integrated into the existing Vista Ridge PD)under Title 10 of the Town of Erie Municipal Code. On November 23, 2010,the Town of Erie will hold a public hearing to consider this annexation. IL MUNICIPAL MAPS The following exhibits attached hereto are pursuant to C.R.S. 31-12-108.5(a). 1) "Exhibit A" Annexation Map depicting the existing and proposed Town of Erie municipal boundaries in the vicinity of the proposed annexation. 2) "Exhibit B" Town of Erie Water Map depicting the major trunk water mains in the vicinity of the proposed annexation. 3) "Exhibit C" Town of Erie Sanitary Sewer Map depicting the major trunk sanitary sewer mains in the vicinity of the proposed annexation. 4) "Exhibit D" Town of Erie 2005 Comprehensive Plan — Land Use Map depicting the proposed land uses in the vicinity of the proposed annexation. 5) "Exhibit E" Town of Erie Zoning Map depicting the existing zoning/land uses in the vicinity of the proposed annexation. III. ANNEXATION AGREEMENT The draft Annexation Agreement is attached hereto as"Exhibit F." IV. MUNICIPAL SERVICES 1) Water and Sanitary Sewer Water and sanitary sewer services are stubbed to the site. The property will require the extension of water and sanitary sewer service lines into and through the site by the property owner. 2) Other Utilities a. Qwest Communications currently provides telephone service within the proposed annexation vicinity. No change in this service is proposed. b. United Power currently provides electric service and Xcel Energy currently provides natural gas services within the proposed annexation vicinity. No changes in these services are proposed. Page 3 of 26 c. The proposed annexation will not require major service extensions from any of the above described utility providers. 3) Public Safety a. The Town of Erie provides its own police protection and will extend police protection services to the area proposed to be included within the Town's boundaries as part of this annexation. b. The Mountain View Fire Protection District currently provides fire protection and ambulance services for the proposed area to be annexed. 4) Street Maintenance The maintenance of existing public streets adjacent to and within the proposed annexation area, with the exception of State Highway, will be provided by the Town of Erie. The maintenance of any proposed public streets adjacent to and within the proposed annexation area, with the exception of State Highway 7, will be provided by the Town of Erie after construction to town specifications and acceptance by the Public Works Department. 5) Other Municipal Services The Town of Erie provides additional municipal services such as recreation, open space and senior services. No infrastructure extension or expansion of these services is required for the proposed annexation. V. MUNICIPAL SERVICES FINANCING The financing of additional municipal services and/or infrastructure improvements are addressed by the Town of Erie Municipal Code and in the Annexation Agreement. The Town Code requires that the developer pay for and construct all on-site and off-site public improvements that are required to adequately serve the proposed development or to address impacts caused by the proposed development. VI. SPECIAL DISTRICTS The proposed annexation area is encompassed or is proposed to be encompassed within the following special districts: I) Mountain View Fire Protection District 2) St. Vrain Valley School District 3) Weld County Library District 4) Northern Colorado Water Conservancy District and Subdistrict VII. SCHOOL DISTRICT IMPACTS No impacts to the St. Vrain Valley School District are anticipated as no residential development is proposed within the boundaries of the proposed annexation. Page 4 of 26 EXHIBIT A (Annexation Map) --'- \\\\\\\\\\ —J tae _ _ , .zo A- E i 2 0 CO 6rd Ili A 2a32 4 ii Q'";1 4 yd ,11 'd 5 ip '�,� ri 2 pa3a Gil d.d, 4 Sp; 1 ( , Q °3 a¢'- 0.qq i 9i Ili 34 2 Il °bdd a id°a;am g ed 464 'III m A 4 q i 43 ." iX ...r �..n 4 ii i2'4" a€ i '; €i 3� fa � a gs ow:: if .11 ). C) 9 11`d 6 2 .§ °a E iT;; pa e.,aa 1 , n Z Z ad i2 h. aF a a jiR Fi . d 4; c, " IZ a 2 j d'2 A X 1 ; . f3 ; :<', 9- Milh a + ,.,,N 11' o O n iii ;44 0 tt ,:c43-.; . 2 p 2512142¢: e I' il w t t p4. pi 'i.,X; c 4 1 2 T ".4222' 2 a axe: II �' = n o i p d$2 d,4;• -2, I 9 ? , r 4 e "�2 of x' '4 ! / oro ₹3 ire 143 I= O 9si 42., ill C) it42 J. a ,2 o a z q 225 - i M 3 _ ' q 14pi 4 F Pr • t i x .E 6 2"iz 12 1 1 d in 2222, e a2 aa' i I � 9 d z; ,, o R [s n !44 ` ,°I ^ Page 5 of 26 EXHIBIT B (Town of Erie Water Map) . Maas '''`�3 I ) WCRD4 PRY x u HP-1_ AW - 61`•0 m - n 2065 3 gwDN R= BrBRry 1aoaae88RA p 3 2069 'oN 17^ n 76^ g g TUNDRA CI 2071 g 1'17 e' k' $ 209300. _ ;, g Uigl R§„ r 2023 x049 2070 n L}\ .p $ 3023 2060 2077 2016 rvy456~ jM1^M1842 I.7.164'.e5 $ R $ a g u • 2070 2070 2[65 1� '4. ‘h� IAM1N cP F n 3061 M1 x063 '�pj 1C96�Y I,s, .� ^ 110 ruwwuu 306s 4900 19-24,571 M1M1 'L^ 2226 L 2193 2112 I R. Q $ M1V 004, nM1:„„ic h � S Y �y\36 2236 2206 3132 a^ X 2246 p 2217 3132 n 2;2:07 `Ip ' .00� .� .M1 x153 374533562 223717401 -n n - 2101 6 M1\ti M1�4ry M1.D40'60 31512264 . 22]92152 +1 nmOry 2161 M17C h ^ ry ti M1 31 131.6 325131fa 'L ti`P4 : 0 6J x176 x1412172 2391 ^ .yam i' x361 ry ti ti'1 ti.6-cp_4 ti ry� 226. 217]1119 3155 311z YdL117 ;;J:443..7, u' . M1 ti r 3x651100 222;1:3491 169 2102 ou0`5 ['y9�J'L� o X1295 2196 3151 3101 %200 8 O • Y'M1Y a ^ ^S 2307 22.8 2195 2201 1315 2207 M1 .y`;'M1 t• M1 ti 6 . h a M1[i 2301 v19 x316 noe 2212 2211 1FJY1 'Y ti 64 n - 7312 2331 2226 3321 ` 2333 .0 1" 2323 23.1 2336 2331 3132 Tract 1-0-9 4M1 ti,,, n ti� 3]113 9f„ 6714. 1241 41 rift r 23.0 3081 Z07. ti 3360 2361 3251. 2353 1136 �^' 81 yry •0 7290 ti n n 2793 126. 1165 31.1 2�\231\q6 13 9 31601/& 1 3 103 2276 277 ,it 'LM1 '> S $ary o 1260 6.2W 27 17;241,77 R\Y5 .1\9\ '9 r1M1 .YM1 2294 n 1311 37312 na301111b 1.1986] '4`91104 l 2308 N l057 2324 7333 1314 1\515 M1a0 11`06 Y 9M1' 'Y ry $; 2311 179 1 Iy 1063 233. ;3341 2336 3335 27355760 PR2\59 1`1 C) 1\042 1•106 7.BL ,TM1 S 324(1X1 23.6 3247 M1\\ P M1` O ,07,2%.% ry .1661 133. Y]{ 1113 2360 2]59 1162 1\6\ ' 1`\ M111 ^`Pti M1y •1073 h.741 1X6 1} 7503 2322 2311 3360 "p9 'ate Op M1 ry h 9 lrttt 14-c •1679 3202 IL 1160 ' 'GL(t-II�T} y'I •1665 3X5 2784" 2103 2772 39 ti p y PI 509 5r+" et PJ'\6^ ,"40,44 6'1c s� '�+`' V00t°97 2421 23°5 ,3 ti 9911,57 M1'71 4'P4 { 5 563 sK PSI av xl9s 2301 �,�'8 arm.° 5 ''J 3360 1^v x.31 � ti .P ti 1• •• vJfib x3fi1 �{ 346,1.29` -a6�'��{` 1M14M1� ti 3372 1365 T 2.75.1.01.1617 `°' 1 4^^Tdv v • M1 6Tx6. 74RSb0 1�h M1M1 `N �e� D0.N i 7370 PS 375 851 e o�.2 'Or,e Jw!,5%,s 5 a ay 2319 '1• 447 j1J S't n 'b W 71 71 iiaa 2190 ryc+ 22,W.4;7 X75 ,. 35235 2202 M1M1.} 695211 [MIGWWw y1 SSJ '� 2208 2201 7 .16.7f, a" 2568 2539 2212 2205 2550 3512 3 2 155. 35.7 `S 22 27711 2510 2563 2j1 344 Ux553 7220 j'j 3115 16 1 75633107 3J 1. '82161 2224 202721 3 x6012303 3316 2504 -12187 F 0 hi 2726 81225 260 y'13611 2 �� � 7224 223]1 3611 m26311293 331fi HSB2 25e, I. �' t P 3318 4 WOO 1ocL EkmeMery 333E 3337 614 y3619246, 2308 2391,Ta y 3000 2243 2241 265. 132629 2263 t 197 2 2109 3. .e 32.6 7247 3646 °26.1 224 _ n „Ds 1 2251^8 ire; J 1057 Al FORSYTHIA Sr •61 11 2060 PSI ^ V51 ,� y�N 04 1066 4' M a _. y1316951616 656 W000D0.ny ,a j. 7.7°00 26W 43693 2688 XB m$ u 8 •�2JOj 2111 2698 12699 2702 =2701 Q o u a A 2 8 i .970P 1961 P 924 Prim ar Y ! • 96 Vale 1y 6c0.my d 168X em 1 � s 1100 T -; -;lir II 91— !i A} Page 6 of 26 EXHIBIT C (Town of Erie Sanitary Sewer Map) V 1 a'ii- I _'} _d s 1 _� r & i t' I `l i Iel iii .. 1 " _ I ,a' i II < �. r I1 I ..3 I ,�, I. '+S.''•i¢- ta a ₹' ₹ $ e 4 3 11:\VIEµ/IVU S ilz i,viNi ACUOi 1a VII4LA5Y1M(1 t y 0 1- I I F Lt S -+-•Y1,' ~ If i waml oiwrrn�u S I t t st � �r 1nIN-l�N : ti /y ti Y[ 1 �" nlaoompoi i � iI. c d x H d 3s \ cs I . ' . ,.l l 1 1 n' "Ili t S,IIIIII„5 Page 7 of 26 EXHIBIT D (Town of Erie Comprehensive Plan—Land Use Plan Map) h, r^'."'e `: i x, •4 t" ,3 x ' „t h'1/2,-, ±:`1gy °'t Lax r 4.I r ' gk^ ter � .� i"4' , t's4 .�,t. W5 =P Y u k:¢� rew, a a re i Frederick s, ,T;Jr , X,(II .,c_ 11 "15 � f . i jT MR12 l .r / \,) ,_ r aJ - i IP m�.v.. ., m �,. limo, AdOW u„ NN-2 al ai 1 o Vin*. �i co o ,•• ,-" alil 1 lits. pr, ; . ) xzq i / ' 1 "als.14,-_:: - Y.4i t - i i wmrMwr 1a - r— ISt` ilia 'a _ �Isn i 0 w m i ' _l HrrAWCF6 / _1 ipr T47 i s. r.) I\ � 101 , ""' we°u �l a ////= Broomfield VCR 4 - a Lan a R. N I 3 = r nn 'cm Lafayrtt: \ WV Anals cowl,ey T. B:mh1 , ; eld Thornton , . _ - .'t. ; r., •gym . I a {, etk. $£ . .t a 0 025 ns ' i .ai an no IYYn°awr Assists Is 1x is eon. i Mi. P.E.Tfa N. .. S. In pea%weld nem SEaL IM seiw •--- NiFwkw. 0.0 cow MInmoams. :iC CnaMwn COMM M Amman Gnu*Galew. �.`.:` is ,,,a, M+Jiame GernSi ..am-on 0 xs i.a.wllief .000..00,...•0.....2.02.00•04.0............s...,,«.-n.o. iM kn. in canna.f4nvcM O t F1.IyMiy eem c................roe c.n.'.m. M ILS PN.Y1a2 sno - ILP^a Cm,.nj Fa„.....,„„"„." ' Fit Wed y Iu 1u.Ds./lii.aMasmn- i.au. L? i...a Saw Cn.m.wn • .v..nrw...-. . •x••••••••••••• w 11.i.,D:SEPT It 270 'I Page 8 of 26 EXHIBIT E (Town of Erie Zoning Map) -, mess ?� . ,� rgt$ x ; *7-,,q4;;4"-t,, BOULDER MOM IMO WW1, II 77:„:1,e. ra‘t„*ti NIWQT RD .4Laj ' LI - 1 C - -, (-lc?.\ '\I'7: !AVIII. ,L.F1-,_:i-1. ' \l,,, ,-- I �� k rr ,-, Wig 1 fb f If5 ` 2�a �V. / • ' J o Jr_ �.Y w,, ; a �a �7 �ft�fi .,,,• •F IF-� j ii: iY �'_ p r �!" t) _ X50 COMP'it-,.yrktfii'ik' itifi i 1 i tkK Ay w - 4% , �� Broomfield * t � ., , '.. *4" , Y' �1 S 1'!1. 1 B0.4El1NE PO 1. HWY7 \., { til,w \�gyKpE CCOUN W6MNry - Broomfield Thornton �e - s o t � �. 1 � _ " _ pia HIM 0 De as =� c,"...I.C<IMI.. . - uu ms Damn....0 wY rn4EYun�a _ 7Mu C 1—BiMa'r WY n,"al wym,,wu.mwW m"Im wy - s" n.m.n.J o.o<r� f t. :77prWM1 Painter Mil IaN•E"rtwn 0.0 O1351�MurY1FiM.1 =="Hrwaa=ro ono Hawaymma,....H mows r Hr rvwwerm �'' MNh•.}Tn wa weak", .-,.— .s an O .;',..;\ Page 9 of 26 EXHIBIT F (draft Annexation Agreement) SHERIDAN-HIGHWAY 7 COMMERCIAL CENTER ANNEXATION AGREEMENT THIS ANNEXATION AGREEMENT("Agreement")is made and entered into this day of 2010,by and between TC ENTERPRISES,LLC,4915 South Gaylord Street,Englewood,CO 80113,hereinafter referred to as the"Owner,"and the TOWN OF ERIE,a municipal corporation of the State of Colorado,PO Box 750,Erie,CO 80516,hereinafter referred to as"Erie"or"Town". WITNESSETH: WHEREAS,the Owner desires to annex to Erie the property more particularly described on "Exhibit A"which is attached hereto,incorporated herein,and made a part hereof(such property is hereinafter referred to as"the Property");and WHEREAS,Owner has executed a petition to annex the Property,a copy of which petition is attached hereto as"Exhibit B"and incorporated herein and made a part hereof;and WHEREAS, it is to the mutual benefit of the parties hereto to enter into the following Agreement;and WHEREAS,Owner acknowledges that upon annexation,the Property will be subject to all ordinances,resolutions,and other regulations of the Town,as they may be amended from time to time;and WHEREAS,Owner acknowledges that the need for conveyances and dedication of certain property, including but not limited to property for streets, rights-of-way and easements, utility facilities and improvements,to Erie as contemplated in this Agreement are directly related to and generated by the development intended to occur within the Property and that no taking thereby will occur requiring any compensation. NOW, THEREFORE, in consideration of the above premises and the covenants as hereinafter set forth,it is agreed by and between the parties as follows: I. ANNEXATION AND ZONING. A. Annexation. The annexation of the Property shall be in conformance with the Colorado Municipal Annexation Act of 1965,as amended,and with the Town of Erie Municipal Code("Code")and with applicable Town regulations. B. Zoning.The Owner desires PD—Planned Development(Vista Ridge PD Amended- Commercial Planning Area)zoning,as authorized by Title 10,of the Code. Owner acknowledges and accepts that no warranty,guarantee or promise is made on the part of the Town to so zone the Property as PD. Owner acknowledge and understand that Page 10 of 26 the Town Board of Trustees determines what is an appropriate zone for the Property, and the desired zone as set forth herein does not in any way bind the Town Board of Trustees to adopt the zone for the Property. The Owner states that granting of such zoning by the Town is a condition to annex the Property. Owner shall take all action necessary to permit zoning by the Town of the annexed area within the time prescribed by state statutes. The Town acknowledges that the petition for annexation conditions the annexation of the Property to the Town on Owner receiving an acceptable zoning designation. This Agreement is also expressly conditioned upon Owner receiving an acceptable zoning designation, and if such acceptable zoning designation is not received,the Town agrees not to approve the annexation of the Property and this Agreement shall be of no force and effect. C. Land Use.All non-residential construction will be subject to the types and intensities of land use permitted pursuant to the Code in effect on the date hereof,or in effect on the date when building permit applications are filed. II. ANNEXATION MAP. The Annexation Map incorporated and adopted as a portion of the ordinance annexing the Property and attached hereto as "Exhibit C" complies with the requirements of C.R.S.3l-12-105(1)(e). III. LAND DEDICATION. The dedication of public easements for utilities,rights-of-way for streets and other public ways and dedications for other public purposes shall be by Special or General Warranty Deed or appropriate instrument of conveyance acceptable to the Town. All such dedications shall be free and clear of any liens and encumbrances, and shall be provided along with title insurance in an amount reasonably determined by the Town. Such dedications as may be required by the Town,consistent with;the Development Plan as later defined herein,a subsequent plat,site plan and/or development agreement,shall occur within thirty(30)days of request of the Town except that internal rights-of-way shall be dedicated at the time of subdivision platting,unless the Town specifies another time.The Town and the Owner agree that such dedications are directly related to and generated by development intended to occur within the Property and that no taking thereby will occur requiring any compensation. A. Roads And Utility Easements.The Owner shall dedicate right-of-way for all roads and utility easements to Erie consistent with the Development Plan,a subsequent plat, site plan and/or development agreement. All utility easements,dedicated to Erie, shall be for the use and the benefit of the various entities furnishing utility services,i.e.,electrical,telephone,gas,TV cable,water and sewer. ALL UTILITIES WILL BE PLACED UNDERGROUND. B. Parks And Open Space. No dedication of public parks or open space shall be required for non-residential development. 2 Page 11 of 26 IV. AVAILABILITY OF SERVICES.Erie agrees to make available to the Property all of the usual municipal services in accordance with the ordinances and policies of the Town which services include, but are not limited to, police protection and water and sewer services. Owner acknowledges that Town services do not include,as of the date of the execution of this Agreement,fire protection or emergency medical services,but the Property is presently included within the boundaries of and is entitled to receive such services from the Mountain View Fire Protection District. Any and all obligations of the Town for water,sewer,and drainage improvements shall be the sole obligation of the Town's water and sewer enterprises and as such, shall not constitute a multiple fiscal year direct or indirect debt or other financial obligation of the Town within the meaning of any constitutional or statutory limitation. Any and all obligations of the Town for public improvements other than water,sewer,and storm drainage improvements shall be subject to annual appropriation by the Town. V. WATER SERVICE. Water service to the Property shall be provided by the Town. If the Property is not already in the Northern Colorado Water Conservancy District and/or the Municipal Subdistrict,the Owner agrees to include the Property in said District(s)and to the payment of any fees and taxes levied by the District(s)as a condition of said inclusion prior to receiving water service from Erie.In addition,the Owner shall exclude the Property from the Left Hand Water District if the Property is currently within said District prior to receiving water service from Erie. Owner hereby acknowledges its receipt of a copy of the Code, Titles 2 and 8,as amended,concerning Town policy with respect to obtaining water service from the Town,the dedication of water rights to the Town in connection with annexations and the extension of water lines and pumping facilities to the Property. Owner agrees to comply with said Code, Titles 2 and 8, and with any amendments thereto, including any applicable amendments adopted subsequent to the annexation of the Property.The Town and the Owner agree that such dedications are directly related to and generated by development intended to occur within the Property and that no taking thereby will occur requiring any compensation. A. Extension of Water Services.The extension of water mains or trunk lines shall be in accordance with the Code, Section 8-1-16. Owner shall install at its sole cost and expense, all the water mains, trunk lines, pumping facilities and appurtenances necessary to provide service from the Town's system to the Property. These extensions may include the over sizing of lines and pumping facilities for future development of adjacent property.Owner shall install at its sole cost and expense,all the water lines,fire hydrants and appurtenances within the Property.Water lines lying within the dedicated right-of-way shall be dedicated to Erie after construction.Any reimbursements to the Owner for over sizing of water lines will be subject to a separate Development Agreement. B. Water Service Availability. Erie does not warrant the availability of water service to the Owner for any phase of development. A determination of water service availability by Erie shall be made by a water system analysis at the time the Owner 3 Page 12 of 26 requests water taps. In the event that the Town determines that it has insufficient water service availability,no water taps shall be issued until such time as there is water service availability.. C. Raw Water Fees. Raw water fees shall be the existing Town raw water fees at the time a water tap is requested or required. Raw water fees shall be paid when(a)a building permit for a structure is issued;(b)upon issuance of a landscape irrigation tap;or(c)as outlined in a subsequent Development Agreement. D. Water Tap Fees.Water tap fees shall be the existing Town water tap fees at the time a water tap fee is requested or required.Water tap fees shall be paid when a building permit for a structure or landscape irrigation is requested from the Town. E. Water Rights Dedication.Owner represents to the Town,to the current knowledge of Owner that the tributary and non-tributary water rights listed on"Exhibit D" attached hereto and incorporated herein by this reference,constitute all of the water rights appurtenant to the subject property. In accordance with the Code,Title 8,as amended, and existing Town policy, the Town shall have the right to purchase historical surface water rights from the land at fair market value. VI. SEWER SERVICE.Sewer service to the Property shall be provided by the Town. Owner hereby acknowledges receipt of a copy of the Code,Title 8,concerning Town policy with respect to obtaining sewer service from the Town and the extension of sewer lines to the Property. Owner agrees to comply with the Code,Title 8 and with any amendments thereto, including any applicable amendments adopted subsequent to the annexation of the subject Property.The Town and the Owner agree that dedications required by the Code,Title 8 are directly related to and generated by development intended to occur within the Property and that no taking thereby will occur requiring any compensation. A. Extension of Sewer Services.The extension of sewer mains or trunk lines shall be in accordance with the Code,Title 8.Owner shall install at its sole cost and expense,all the sewer mains,trunk lines,sewer lift stations,and appurtenant facilities necessary to connect to the Town's system.These line extensions may include the oversizing of lines for future development of adjacent property.Owner shall install at its sole cost and expense,all the sewer lines and appurtenances within the Property.Sewer lines lying within the dedicated right-of-way shall be dedicated to Erie after construction. Any reimbursements to the Owner for over sizing of sewer lines,sewer lift stations and appurtenant facilities will be subject to a separate Development Agreement. B. Sewer Service Availability.Erie does not warrant the availability of sewer service to the Owner for any phase of development. A determination of sewer service availability by Erie shall be made by a sewer system analysis at the time the Owner requests sewer taps. In the event that the Town determines that it has insufficient sewer service availability, no sewer taps shall be issued until such time as there is sewer service availability. 4 Page 13 of 26 C. Sewer Tap Fees.Sewer tap fees shall be the existing Town fees at the time which a sewer tap is requested or required. Sewer tap fees shall be paid when a building permit for a structure is requested from the Town. VII. ROADS, TRAILS AND PUBLIC RIGHTS-OF-WAY. All public roads shall be constructed to the Town's "Standards and Specifications for Design and Construction of Public Improvements"("Standards and Specifications"). Trails shall be constructed as an integral feature of the development,in accordance with the Standards and Specifications.All public roads,trails and right-of-ways shall be dedicated to Erie.The Owner will install,at Owner's,expense,street name signs,striping,stop signs,speed limit and other signs on all public streets,in accordance with the Model Traffic Code,as from time to time amended, and other applicable legal requirements.The total cost of street light installation shall be the Owner's obligation.The type of street lights shall be chosen by Erie. VIII. CONFORMANCE WITH TOWN REGULATIONS. Owner agrees that the design, improvement,construction,development,and use of the Property shall be in conformance with all Town ordinances and resolutions,the Standards and Specifications,and the Code, including,without limitation,those pertaining to subdivision,zoning,streets,storm drainage, utilities,and flood control. IX. PUBLIC IMPROVEMENTS.Owner agrees to design,construct and install in accordance with Town approved plans,certain public improvements including but not limited to streets, curb,gutter, sidewalks,storm sewer lines,storm drainage improvements,sanitary sewers, water lines, and trail improvements within or adjacent to the Property. Owner agrees to guarantee construction of all required improvements in the manner set forth in the Code, Section 10-7-20 and, if requested by Erie, to dedicate to Erie any or all other required improvements. Owner agrees to enter into an agreement pertaining to such improvements and other matters prior to any development of the Property. The construction of public improvements may be subject to any reimbursement which may be provided for in the Development Agreement. A. Town Option to Construct Public Improvement; Owner Reimbursement of Costs. The Town,at its option,may elect to fulfill some or all of the requirements of the Owner under this Agreement and construct any or all of the public improvements required herein to be constructed by the Owner,including acquiring any additional right-of-way necessary for said construction, reconstruction and relocation, as required to be done by the Owner. In the event the Town determines that the public improvements required herein to be constructed by the Owner are necessary prior to the time the Owner would otherwise be required to build the public improvements pursuant to the terms of the Agreement and the Town constructs said public improvements,the Owner shall reimburse the Town in full for the Town's total costs of construction of the public improvement. Such reimbursement shall be due from the Owner to the Town at the time the Owner would otherwise have been required to build the public improvement pursuant to the terms of the Agreement. 5 Page 14 of 26 X. EXCLUSIVITY OF ANNEXATION PETITION. Owner agrees to not sign any other petition for annexation of the Property or any petition for an annexation election relating to the Property,except with Erie's consent. XI. SPECIAL PROVISIONS. A. Town of Erie and the City and County of Broomfield Intergovernmental Agreement ("IGA"). The Owner acknowledges and agrees to comply with the terms, conditions, restrictions, and requirements of the IGA dated November 24, 2009 and recorded with the Weld County Clerk and Recorder at Reception No. 3667240,between Erie and the City and County of Broomfield,as the same may be amended from time to time. B. Zoning. Concurrent with the approval of this annexation,the Town will approve the Vista Ridge Development Plan Amendment No.4(the"Development Plan"),a copy of which is attached hereto as"Exhibit E." C. Oil and Gas Well Sites. All existing oil and gas well sites/facilities and all future oil and gas well sites/facilities on the Property shall be screened and integrated into the development in accordance with the Code. The setback to any occupied building as measured from existing or proposed wells,tanks,separators or incinerators shall be in accordance with the Code. D. Waterline Installation and Oversizing. In the event that any water lines or facilities are oversized to serve other properties (the `Benefited Properties"), the Town agrees to enter into one or more reimbursement agreements with the owners of such Benefited Properties causing such owners to reimburse any incremental costs to the Owner prior to recordation of a final plat or approval of a site plan for development of the Benefited Properties. The reimbursements shall be required to be paid by the Benefited Property owners at such time as the first final plat is approved for the benefit of the Benefited Property. "Oversizing"shall mean any requirement by the Town to install a waterline, which is greater than twelve inches (12") or required by the development. "Incremental Costs"shall mean the cost difference of pipe and any related water system improvements. Nothing contained in this Agreement shall operate to create an obligation on the part of Erie to pay or reimburse any costs to Owner in the event such costs are not recovered by Erie as contemplated herein, for any reason, from the properties or property Benefited Properties or Benefited Property owners. 1. Installation Obligations. Owner shall install,at its sole cost and expense, all waterlines,pump stations,fire hydrants and other related facilities within the Property subject to the oversizing and reimbursement contributions as provided for herein. Waterlines lying within the dedicated rights-of-way or 6 Page 15 of 26 Town accepted easements shall be dedicated to the Town upon the Town's construction acceptance thereof. E. Sewer Installation and Oversizing. In the event that any sewer lines or facilities within the Property are oversized to serve other properties (the "Sewer Benefited Properties"),the Town agrees to enter into one or more reimbursement agreements with the owners of such Sewer Benefited Properties causing such owners to reimburse any incremental costs to Owner prior to recording a final plat or approval of a site plan for development of the Sewer Benefited Properties. The reimbursement shall be required to be paid by the Sewer Benefited Properties owners at such time as the first final plat is approved for the benefit of the Sewer Benefited Properties. "Oversizing"shall mean any requirement by the Town to install a sewer line which is greater than that which would otherwise be required to serve only the Property. "Incremental Costs" shall mean the cost difference of pipe and related facility oversizing. Nothing contained in this Agreement shall operate to create an obligation on the part of Erie to pay or reimburse any costs to Owner in the event such costs are not recovered by Erie as contemplated herein, for any reason, from the Sewer Benefited Properties or Sewer Benefited Property owners. 1. Installation Obligations. Owner shall install,at its sole cost and expense, all sewer lines and appurtenances located with the boundaries of the Property subject to the oversizing and reimbursement contributions as provided for herein. Sewer lines lying within the dedicated rights-of-way or Town accepted easements shall be dedicated to the Town upon the Town's construction acceptance thereof. 2. Lift Station. A lift station may be required to provide sanitary sewer services to a portion of the Property. If Owner elects to construct a lift station,Owner shall be responsible for all costs,including but not limited to design,construction,operations,maintenance,testing,and capital repair and replacement of said lift station as directed by Erie's Director of Public Work. This responsibility may be assigned to a metropolitan district or a commercial landowners association if and when said district or association is created. In any event, Owner shall remain responsible for the costs as required herein regardless of the Owner's assignment of the responsibility to a metropolitan district or a commercial landowners association. 3. Coal Creek Interceptor Reimbursement. a. Town Reimbursement. Owner shall reimburse the Town for connection to the existing 30-inch sewer line in Coal Creek at the rate of$54.21 per single family equivalent. Said reimbursement to the Town shall occur prior to the issuance of building permits. 7 Page 16 of 26 b. Vista Ridge Metropolitan District Reimbursement. Unless the Property is annexed to the Vista Ridge Metropolitan District,Owner shall reimburse the Vista Ridge Metropolitan District for connection to the existing 30-inch sewer line in Coal Creek at the rate of$310.13 per acre for commercial. Said reimbursement to the district shall occur at time of recordation of a plat. F. Storm Drainage Improvements 1. Criteria and Standards. Owner shall meet all Town design criteria for drainage improvements within the Property, and as noted in the Town of Erie's Weld County Outfall Systems Plan. 2. On Site. In the event that constructed drainage facilities are oversized to benefit other properties during development of the Property by Owner,the Town agrees to enter into one or more reimbursement agreements with the owners of other properties benefiting from such oversizing,which shall allow Owner to be reimbursed for the incremental oversizing costs paid by Owner. "Oversizing"for drainage purposes shall mean any requirement by the Town for any channel or other drainage facility within the Property to be a size greater than the size required to serve the Property. The Town will not include in the reimbursement the cost to convey historic flows through the Property. 3. Drainage Facilities. Subject to the Town's approval, the Property may contain one or more water quality and stormwater detention areas. This detention will ultimately release into the regional drainage basins in the area. Owner agrees to that it will incorporate open,grass-lined channels where appropriate in place of concrete channels or underground piping,where cost appropriate and technically feasible. In the event the Town requires Owner to oversize any drainage improvements to accommodate development of other properties, the Town shall enter into reimbursement agreements for such other properties requiring that they reimburse Owner for their pro-rata share of such oversizing costs. The Town will not include in the reimbursement the cost to convey historic flows through the Property. 4. Drainage Liability. The Owner shall indemnify and hold harmless the Town for any liability the latter may have on account of any change in the nature, direction,quantity and/or quality of historical drainage flow resulting from the development of this Property or from the construction of streets or storm sewers therein. In addition,the Owner agrees to reimburse the Town for any and all costs including,but not limited to,reasonable attorney's fees,which the Town incurs in acquiring or condemning rights-of-way or easements which the Town is required to acquire or condemn or which the Town is held 8 Page 17 of 26 to have acquired or condemned,for drainage as a result of the development of the Property. 5. Maintenance. The Owner shall be responsible for maintaining all drainage facilities on the Property. At the Owners'discretion,a metropolitan district or business association may assume the maintenance responsibilities of the drainage facilities. Owner,a metropolitan district,or a commercial owners association, shall perform annual inspections of all water quality improvements and submit the report to the Town. In any event,Owner shall remain responsible for maintaining all drainage facilities on the Property as required herein regardless of the Owner's assignment of the responsibility to a metropolitan district or a commercial owners association. G. Off-Site Easements and Rights-of-Way. In the event Owner is unable to obtain off-site easements and rights-of-way which are necessary for the installation of water mains, sanitary sewer mains, storm drainage outfalls and roadways to serve the Property,the Town agrees to assist Owner in obtaining such easements and rights-of- way. If required,the Town will support condemnation. Any assistance the Town provides will be at no cost to the Town. H. Roadway Improvements. 1. Colorado State Highway 7("SH 7"). a. Improvements. Owner shall be responsible for constructing any acceleration, deceleration, turn lanes and medians adjacent to the Property (along with transitions from the Property to existing conditions)required by the Town of Erie or the Colorado Department of Transportation("CDOT")for the Property on SH 7. Timing of said improvements shall be determined at the time of subdivision and/or site plan approvals. b. Traffic Signalization. Owner shall be responsible for ten percent (10%)share of the total cost to design,construct,and install a traffic signal at SH 7 and Sheridan Boulevard required by CDOT which is caused by any development of the Property. Timing of Owner's funding of said improvements shall be determined at the time of subdivision and/or site plan approvals. c. SH 7 Traffic Study. Owner shall pay Erie$11,000.00 to participate in the SH 7 Traffic Study. Payment shall be made at the earlier of recordation of the first final plat and/or Site Plan approval for the Property or within three years from the Effective Date of this Annexation. 9 Page 18 of 26 2. Sheridan Boulevard a. Improvements. Owner shall be responsible for constructing any acceleration, deceleration, turn lanes and medians adjacent to the Property (along with transitions from the Property to existing conditions) required by the Town for the Property on Sheridan Boulevard. Timing of said improvements shall be determined at the time of subdivision and/or site plan approvals. b. Traffic Mitigation. At the time of development of the Property, Owner shall be responsible for constructing and participating in reimbursement of any traffic mitigation adjacent to the Property (along with transitions from the Property to existing conditions), including lighting, sidewalks, medians, or other traffic mitigation items on or adjacent to Sheridan Boulevard as required by the Town of Erie. Timing of said improvements shall be determined at the time of subdivision and/or site plan approval. c. Traffic Signalization. Owner shall be responsible for twenty-five percent(25%)share of the total cost to design,construct,and install a traffic signal at Ridgeview and Sheridan Boulevard. Timing of Owner's funding of said improvements shall be determined at the time of subdivision and/or site plan approvals. Town of Erie Entry Monument Sign. Owner agrees to grant the Town an easement for the Town to locate and construct an entry monument sign(the"Monument Sign") on the Property. The location of said sign shall be at or near the corner of SH 7 and Sheridan Boulevard. The Owner shall pay for one half of the cost of the monument. The Owner shall pay for providing utilities, including water and electric to the monument sign location. Owner agrees to cooperate with the Town and participate in the construction of the Monument Sign as follows: 1. Monument Sign Location. The Monument Sign may be located in the 30 foot landscape buffer adjacent to SH7 and/or Sheridan Boulevard. 2. Monument Sign Easement. The easement for the Monument Sign shall be dedicated to the Town within sixty(60)days of the Towns request. 3. Monument Sign Fees and Costs. The Owner shall be responsible for the payment of one-half(1/2)of the construction cost,initial permit fee cost and water tap fee cost of the Monument Sign, but in no event more than $50,000.00. Owner shall reimburse the Town for such costs upon approval of the first Site Plan on the Property. The Owner shall be solely responsible 10 Page 19 of 26 for the payment of all of the ongoing costs of all utilities serving the Monument Sign. 4. Monument Sign Design. The Monument Sign design and size shall be similiarto the monument sign shown on "Exhibit F" attached hereto. The Monument Sign landscaping shall include trees and shrubs that when mature will not exceed eight feet (8') in height. The Monument Sign maximum height shall not exceed an elevation that is five and one-half feet above the average height of the curb line of the northwest corner of SH7 and Sheridan Boulevard. Prior to construction of the Monument Sign by the Town,the Town shall submit construction plans and elevations for Owner to review. J. Districts. The Town acknowledges that to service the Property for the purpose of financing, constructing, installing, acquiring and maintaining certain public improvements required for the development of the Property the Owner may elect to establish a metropolitan district("New Metro District")or add the Property to the Vista Ridge Metropolitan District. The New Metro District or the Vista Ridge Metropolitan District,as the case may be,is defined herein as the"Metro District". The Metro District can acquire property with its eminent domain powers with prior written permission of the Town. Any requirement of the Owner in this Agreement, including but not limited to,the construction of improvements,reimbursement for improvements,letters of credit and the payment of fees,may be undertaken by the Metro District, at the Owner's discretion, provided only that such activity is in accordance with the Municipal Code and a lawful activity of a special district under C.R.S. 32-1-101 et seq. Any reimbursements described herein for such improvements shall be payable to the entity who constructed such improvements. The Town agrees to cooperate with Owner to either create the New Metro District or in annexing the Property to the Vista Ridge Metropolitan District. 1. Establishment. A New Metro District will follow the Town's Ordinance regarding metropolitan districts. 2. Vista Ridge Metropolitan District. Annexing the Property into the existing Vista Ridge Metropolitan District shall constitute a material modification to the service plan requiring Town approval. K. Land Use Vesting. 1. Vested Rights. Notwithstanding anything in this Agreement to the contrary, the Town acknowledges that the development of the Property, as contemplated by this Agreement,shall require the investment of substantial funds by Owner over a long period of time and that,due to the uncertainties of future market conditions and cycles,the full development of the Property might not be completed for many years. Further,the Town acknowledges that as an inducement to Owner to agree to annex the Property to Erie,the 11 Page 20 of 26 Town has agreed to provide vested property rights to the fullest extent permitted by Colorado law. This Annexation Agreement is a"development agreement"pursuant to C.R.S. 24-68-104(2),and as authorized by Title 9, Section 3 of the Erie Municipal Code. In accordance with and pursuant to C.R.S.24-68-105,the Town agrees not to take any zoning or land use action, by action of the Town or through initiative measure which would alter, impair, prevent, diminish, impose a moratorium on development, or otherwise delay the development or use of the Property as set forth in this Annexation Agreement and on the Zoning Map. Vested rights are hereby established with respect to the zoning, land use and other terms of this Agreement to the fullest extend permitted by C.R.S.24-68-101,et seq. The Property shall be vested for a period of ten (10) years beginning with the recordation of the Annexation Agreement. However,the period of vested rights shall be extended for an equal period of time for any period of time during which the Town is unable to supply water taps, sewer taps and/or building permits due to insufficient availability of any of these. Due to the scale of the development,the magnitude of the development costs and the possible duration of the development process,such property rights are vested from the date of the adoption of said ordinance. At such time as any portion of the Property receives final development plan or final plat approval,the Town agrees to enact such supplemental ordinances as Owner may request to extend the vested rights granted herein to such final development plan or final plat. The provisions of this Section XI.K.1 shall also be incorporated in any Development Agreement with the Town pertaining to the Property. 2. Enforcement. The Town agrees that the foregoing vested rights provision may be specifically enforced. The Town acknowledges that, due to the substantial financial investment which Owner must make toward the development of the Property, the damages allowed under C.R.S. 24-68- 105(1)(c) may be inadequate in the event Owner is unable to enforce this provision. Accordingly, Owner shall have the ability to waive its right to receive compensation pursuant to C.R.S. 24-68-105(1)(c) or any similar future statutory provision and to enforce the provisions of XI.K.I above by obtaining relief in the form of specific performance, injunction or other appropriate declaratory or equitable relief. 3. Processing. The Town shall permit the development of the Property upon the submission of the proper plans,applications,plats and the payment of fees required by Town ordinances and regulations. The Town agrees not to unduly delay or hinder the development of the Property(such as refusing to timely process,review and act upon development applications),nor shall the Town unreasonably withhold its consent to or approval of a development request or permit made in substantial compliance with the Annexation and Zoning Maps, Municipal Code, Title 10 and this Agreement. The Town agrees to process minor amendments to the Development as permitted by 12 Page 21 of 26 Town Code. The Town agrees to coordinate with Owner any filings or applications before other governmental or quasi-governmental entities necessary for Owner to fulfill its obligations under this Agreement or to permit development of the Property. If the Town does not have adequate staff for the timely review and processing of Owner's applications,the Town may contract for such services,and the Town shall charge Owner for the actual costs related thereto. L. No Reduction of Fees,No Tax Rebate. Owner and Town understand and agree that the Town has no obligation pursuant to this Annexation Agreement that the Town will reduce or waive any of the Town's fees or that Town will offer Owner any tax rebates. Both parties further understand and agree that Owner will pay all fees as required by the Town Code,including but not limited to the Commercial Impact Fees in effect at the time of building permit issuance. Payment of Town Commercial Impact Fees are in addition to the improvements outlined in this Agreement. XII. MISCELLANEOUS PROVISIONS. A. Interpretation. Nothing in this Agreement shall constitute or be interpreted as a repeal of the Town's ordinances or resolutions, or as a waiver of the Town's legislative,governmental,or police powers to promote and protect the health,safety, and welfare of the Town and its inhabitants,nor shall this Agreement prohibit the enactment or increase by the Town of any tax or fee. B. Severability. If any part, section, subsection, sentence, clause or phrase of this Agreement is for any reason held to be invalid, such invalidity shall not affect the validity of the remaining sections of the Agreement. The parties hereby declare that they would have agreed to the Agreement including each part, section,subsection, sentence, clause or phrase thereof, irrespective of the fact that one or more parts, sections,subsections,sentence,clauses or phrases be declared invalid. C. Amendments to the Agreement. This Agreement may be amended, at anytime, upon agreement of the parties hereto.Such amendments shall be in writing,shall be recorded with the County Clerk & Recorder of Weld County, Colorado, shall be covenants running with the land,and shall be binding upon all persons or entities having an interest in the Property subject to the amendment unless otherwise specified in the amendment. In addition,this Agreement may be amended by the Town and any Owner without the consent of any other Owner as long as such amendment affects only that amending Owner's portion of the Property. Such amendments shall be in writing, shall be recorded with the County Clerk&Recorder of Weld County,Colorado,shall be covenants running with the land,and shall be binding upon all persons or entities 13 Page 22 of 26 having an interest in the Property subject to the amendment unless otherwise specified in the amendment. D. Binding Effect; Notice of Transfer. This Agreement shall be binding upon and inure to the benefit of the parties, their successors in interest, or their legal representatives,including all developers,purchasers and subsequent owners of any • lots or parcels within the Property,and shall constitute covenants running with the land. This Agreement shall be recorded with the County Clerk&Recorder of Weld County,Colorado,at Owner's expense. Subject to the conditions precedent herein, this Agreement may be enforced in any court of competent jurisdiction. Every provision of this Agreement that applies to Owner shall also apply to Owner's successors and assigns. Owner shall provide to the Town written notice of any proposed transfer of title to all or any portion of the Property. Owner and Owner's successors and assigns in interest shall be jointly and severally liable for the obligations of Owner under this Agreement until written acceptance by the Town Administrator of the proposed transfer of title, which acceptance shall not be unreasonably withheld or delayed. Owner's rights and obligations under this Agreement shall terminate upon the completion of:1)the Town's acceptance of the transfer of title,and 2)the transfer of all of Owner's interest in the Property. E. Indemnification.Owner agrees to indemnify and hold harmless the Town and the Town's officers,employees,agents,and contractors, from and against all liability, claims,and demands,including attorney's fees and court costs,which arise out of or are in any manner connected with the annexation of the Property,or with any other annexation or other action determined necessary or desirable by the Town in order to effectuate the annexation of the Property,or which are in any manner connected with Erie's enforcement of this Agreement. Owner further agrees to investigate,handle, respond to,and to provide defense for and defend against or at the Town's option to pay the attorneys fees for defense counsel of the Town's choice for, any such liability,claims,or demands. F. Termination.If the annexation of the Property is,for any reason,not completed then this Agreement shall be null and void and of no force and effect whatsoever. G. No Right or Remedy of Disconnection.No right or remedy of disconnection of the Property from the Town shall accrue from this Agreement,other than provided by applicable state laws. In the event the Property or any portion thereof is disconnected at Owner's request, the Town shall have no obligation to serve the disconnected property or portion thereof and this Agreement shall be void and of no further force and effect as to such property or portion thereof. H. Annexation and Zoning Subject to Legislative Discretion. The Owner acknowledges that the annexation and subsequent zoning of the Property are subject 14 Page 23 of 26 to the legislative discretion of the Board of Trustees of the Town. No assurances of annexation or zoning have been made or relied upon by the Owner,except that the Owner has reserved the right in its annexation petition to withdraw its annexation petition if the Town does not approve a zoning designation for the Property acceptable to Owner. In the event that the Town of Erie Board of Trustees, in the exercise of it's legislative discretion,does not take any action with respect to the Property herein contemplated, then the sole and exclusive remedy for the breach hereof accompanied by the exercise of such discretion shall be the withdrawal of the petition for annexation by the Owner,or disconnection from the Town in accordance with state law,as may be appropriate. Legal Discretion in the Case of Challenge.The Town reserves the right to not defend any legal challenge to this annexation,In the event such a challenge occurs prior to any expiration of any statute of limitation,Erie may,at its discretion,choose to legally fight the challenge or allow the challenge to proceed without defense.This does not restrict the Owner from engaging the Town's legal representatives in such a defense,at no cost to the Town. J. Application of Town Policies.Upon annexation,all subsequent development of the Property shall be subject to and bound by the applicable provisions of Erie ordinances,as amended,including public land dedications,provided however,that changes or amendments to the Code,after the date of this Agreement shall in no way limit or impair Erie's obligation hereunder, except as specifically set forth in this Agreement. K. Amendments to Governing Ordinances,Resolutions and Policies.As used in this Agreement, unless otherwise specifically provided herein, any reference to any provision of any Town ordinance, resolution,or policy is intended to refer to any subsequent amendments or revisions to such ordinance,resolution,or policy,and the parties agree that such amendments or revisions shall be binding upon Owner. L. Remedies. It is understood and agreed by the parties that the Town shall have all available remedies for breach of this Agreement in law or in equity,including but not limited to specific performance and damages. In the event of breach or default by the Town, the sole remedy hereunder for Owner shall be the equitable remedies of specific performance or injunction. Owner,it successors and assigns,hereby waive any rights to money damages for any such breach or default M. Legal Fees.In the event that either party finds it necessary to retain an attorney in connection with a default by the other as to any of the provisions contained in this Agreement,the defaulting party shall pay the other's reasonable attorney's fees and costs incurred in enforcing the provisions of this Agreement. N. Reimbursement for Other Costs. The Owner shall reimburse the Town for any third party costs necessary for the orderly and proper development of the Property, 15 Page 24 of 26 including but not limited to consultant's fees for planning and engineering, and attorney's fees for legal services beyond the normal document review, which is directly linked to the Property. Such third party costs shall not include any charges for the employees of the Town. O. Avigation Easements. Owner agrees to provide the Town with an executed avigation easement (which avigation agreement shall not be recorded until the Property is annexed to Erie)upon mayor's signature to this Annexation Agreement, which provides the Town an easement for the operation of aircraft to and from the Erie Municipal Airport,within the airspace of the Owner's property. In the event the annexation of the Property is,for any reason,not completed then such unrecorded avigation agreement shall be deemed to be null and void and shall be immediately returned to Owner. P. Oil and Gas Access Roads.All oil and gas access roads located on the Property will be considered a current obligation between the Owner and the oil and gas company(s). The Owner shall enter into Surface Use Agreements, that shall be recorded against the Property, with the oil and gas companies and mineral rights owners for a relocation plan of wells,future drilling sites,collector lines,tanks and batteries,and access roads.The Owner shall be responsible for providing screening, fencing and road access, in conformance with the Code. The Town shall not be responsible for any maintenance of any current oil and gas access road. Q. Cooperation. The parties agree that they will cooperate with one another in accomplishing the terms, conditions, and provisions of the Agreement, and will execute such additional documents as necessary to effectuate the same. R. Timely Submittal of Materials.Owner agrees to provide legal documents,surveys, engineering work, newspaper publication, maps, reports and other documents necessary to accomplish the annexation of the Property and the other provisions of this Agreement. S. Compliance with State Law. The Owner and the Town shall comply with all applicable State law and regulations. T. Recording of Agreement.This Agreement shall be recorded in the records of the Weld County Clerk and Recorder. XIII. COMPLETE AGREEMENT. This instrument embodies the whole agreement of the parties. There are no promises,terms,conditions,or obligations other than those contained herein;and this Agreement shall supersede all previous communications,representations,or agreements,either verbal or written,between the parties hereto. Except as provided herein there shall be no modifications of this Agreement except in writing,executed with the same 16 Page 25 of 26 formalities as this instrument.Subject to the conditions precedent herein this Agreement may be enforced in any court of competent jurisdiction. By this acknowledgment,the undersigned hereby certify that the above Agreement is complete and true and entered into of his/her/its/their own free will and volition. [SIGNATURES ON FOLLOWING PAGE] OWNER: TC ENTERPRISES,LLC,a Colorado limited liability company Date: .o o V./0 An aikovsky,Mana STATE OF COLORADO ) )ss. COUNTY OF ficsIt yu,v-1 ) The foregoing instrument was acknowledged before me this flay of 1%0Sd2 , 2010 by Andy Chaikovsky as Manager of TC ENTERPRISES,LLC. My commission expires: WitnnQ My hand anal.,A6,.:..1 a JAMES R.SPEHALSKI Notary Public NOTARY PUBLIC - -STATE OF COLORADO TOWN: �AAy ConrNalon Willis Apra 18,2012 TOWN OF ERIE,a municipal corporation By: Date: Joseph A.Wilson,Mayor ATTEST: Nancy J. Parker,Town Clerk Date STATE OF COLORADO ) )ss. COUNTY OF WELD The foregoing instrument was acknowledged before me this_day of 2010 by Joseph A.Wilson and Nancy J.Parker,Mayor and Town Clerk,respectively,of the TOWN OF ERIE. 17 Page 26 of 26 Hello