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HomeMy WebLinkAbout20020321 RESOLUTION RE: APPROVE OFF-SITE IMPROVEMENT REIMBURSEMENT AGREEMENT AND AUTHORIZE CHAIR TO SIGN - LONGVIEW COMMUNITY, LLC WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with an Off-Site Improvement Reimbursement Agreement between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Longview Community, LLC, with terms and conditions being as stated in said agreement, and WHEREAS, after review, the Board deems it advisable to approve said agreement, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Off-Site Improvement Reimbursement Agreement between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Longview Community, LLC, be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 6th day of February, A.D., 2002. BOARD OF COUNTY COMMISSIONERS i��•_ O WEL, NTY/COLORADO ATTEST: gall / v �t //�/ ".` �`Gle'��aad, Cha Weld County Clerk to th=r ��f��`��' ✓ i �.��� T("T David E. L• g, Pro- e"'f BY: Deputy Clerk to the Boarr M. J. eile APPROV AS TO FOR • 'In ! VA. -, unty Attorn v,_—_ nl Robert D. Masden Date of signature: 3 2002-0321 nC:d13 PI; ./on9Weld A'mmun;ty EG0046 OFF-SITE IMPROVEMENT REIMBURSEMENT AGREEMENT THIS AGREEMENT,made and entered into this 6thday of Feb. , 2002, by and between the County of Weld, State of Colorado, acting through its Board of County Commissioners,hereinafter called"County"and Longview Community, LLC, a Colorado limited liability company,hereinafter called"Longview"whose mailing address is c/o Chateau Communities, Inc., 6160 S. Syracuse Way, Greenwood Village, CO 80111. WITNESSETH: WHEREAS, Longview is the owner of the existing Longview manufactured housing community in Weld County consisting of 80 acres in the Southwest Quarter of Section 5,T2N,R 68W of the 6th P.M. and occupying the northwest quadrant of the intersection of Highway 119 and County Road 3 1/2 (the"Intersection"); WHEREAS,the County and Colorado Department of Transportation("CDOT") required that Longview install a traffic signal at the Intersection(the"Signal"); WHEREAS, Longview has entered into a separate reimbursement agreement with the owner of property in the southeast and southwest quadrant of the Intersection to share in the cost of the Signal; WHEREAS,Longview desires to obtain reimbursement for a portion of the cost of the Signal in the event that the property in the northeast quadrant of the Intersection located in the Southwest Quarter of Section 5,T2N,R68W of the 6th P.M. is developed in the future and benefits from the Signal; WHEREAS,the County and Longview enter into this Agreement relating to such possible future reimbursement; NOW,THEREFORE,IN CONSIDERATION OF the foregoing, the parties hereto promise, covenant and agree as follows: 1.0 Installation of Signal. Longview has installed at its own cost and expense the Signal at the Intersection. The Signal is of a type and design approved by the County and CDOT. The cost of the purchase and installation of the Signal was $275,000 (the"Signal Costs"). 2.0 Future Reimbursement. At such time as the property in the northeast quadrant of the Intersection is developed(the"NE Development"),Longview shall be entitled to reimbursement for a portion of the Signal Costs in accordance with and subject to the limitations set forth below: tea-03W 2.1 This Agreement shall not be effective if the NE Development occurs outside the jurisdiction of the County --e.g. the property is annexed into Longmont. 2.2 If the NE Development requires a land use permit from the County and will use the Signal,the owner of the NE Development shall be obligated to reimburse Longview for a portion of the Signal Costs. In no event shall Longview collect an amount which exceeds the total costs of the Signal less the pro rata share of the total trip impacts generated by the Longview development, less the reimbursement received from the owner of the property in the southwest and southeast quadrant of the Intersection. Evidence that the owner of the NE Development and Longview have entered into a written agreement providing for such reimbursement on terms consistent with this Agreement shall be submitted to the Department of Planning Services prior to recording the subdivision,resubdivision or planned development final plat for the NE Development. 2.3 The amount of Signal Costs to be paid by the owner of the NE Development will be based upon a pro rata share of the total trip impacts associated with the number and type of dwelling units and square footage and type of nonresidential developments within the NE Development intended to use the Signal. The amount of Signal Costs shall also include inflation as measured by the changes in the Colorado Construction Cost Index used by the Colorado Division of Highway. 2.4 The report entitled TRIP GENERATION (Third Edition, 1982) of the institute of Transportation Engineers shall normally be used for calculating a reasonable pro rata share of the Signal Costs for the NE Development. A special transportation study shall be used for land uses not listed in the ITE Trip Generation Manual. Any question about the number of trips generated by the NE Development or the Longview development shall be decided by the County Engineer. 2.5 No reimbursement shall be owed hereunder if approval for the NE Development is not obtained from the County within ten years of the date of this Agreement. 2.6 The amount required to be reimbursed to Longview by the owner of the NE Development shall be paid at or before the time that the first building permit within the NE Development is issued by the County,and such evidence of such payment shall be a pre- condition to the issuance of building permits with the NE Development. 2.8 This Agreement is not intended to create any cause of action against Weld County or its officers or employees by any subdivider, applicant or owner, including Longview, for reimbursement, and in no way is Weld County to be considered a guarantor of the monies to be reimbursed by the subsequent subdividers, applicants or owners. 2.9 Longview and the owner of the southeast and southwest quadrant of the Intersection have entered into a separate reimbursement agreement, and nothing herein shall be -2- MB5622 construed to require additional reimbursement by the owner of the southeast and southwest quadrant of the Intersection. 3.0 Successors and Assigns. This Agreement shall be binding upon the successors and assigns of the parties hereto, and upon recording in the County records shall be deemed a covenant running with the land herein described and shall be binding on the successors and assigns in ownership of said land. IN WITNESS HEREOF,the parties hereto have caused this Agreement to be executed on the date and year first above written. LONGVIEW COMMUNITY LLC By z/r70 z Its Manager f4"4.3 F. b# sJn_ tyrcV� C a LI 11,1),,,S.,t. #4 a./c,cr a T ;et, Cowes-.✓„ f LLC BOARD OF COUNTY COMMISSIONERS OF WELD COUNTY, COLORADO 'e O OL-M -Glenn Vaad, .Chair (( 002) David E. ong, Cha Pro-Tem ATTEST: 61 ' : �� � J Geile Weld County Cl: �t. 17=' `•• ai / ®/ / � �„ Zr �Cpp illiam H'c Jerke �By: S) Deputy Clerk to the Bo: Robert . Masden APPROVED AS TO FORM: County Att ey -3- MB5622 _, BOARD OF COUNTY COMMISSIONERS REVIEW/WORK SESSION REQUEST • DEPARTMENT: COUNTY ATTORNEY DATE: January 24, 2002 PERSON REQUESTING: Lee D. Morrison, Assistant Weld County Attorney Brief description of the problem/issue: 1� The attached is a reimbursement agreement to provide a proportional share of the costs of a signal light at Highway 119 and WCR 3 'A. Longview and the landowners at the SE and SW corner have contributed to the cost of the signal light which has been installed. The County is agreeing to require the developer of the NE corner to reach an agreement for reimbursement with Longview if the NE corner is developed in the next ten years while within County jurisdiction. The amount of contribution from the NE corner is not to exceed the total costs of the Signal less the pro rata share of the total trip impacts generated by the Longview development, less the reimbursement received from the owner of the property in the southwest and southeast quadrant of the Intersection. What options exist for the Board? Place on agenda, work session or decline to address matter. Recommendation to the Board: I recommend approval as this is a means of allowing the current developments to recoup some of their up-front costs from those who will directly benefit from the signal light if development occurs within a reasonable length of time. It limits the reimbursement to meet an amount directly related and proportional to the impacts of development on the NE quarter. The approach is similar to reimbursement agreements commonly used for water and sewer main extensions. Public works concurs in this recommendation. Attachment 2002-0321 Initial: Approve Schedule Recommendation Work Session Other Geile Jerke Long Masden Vaad M:\WPFILES\WSRHWYII9.WPD CHATEAU ES February 5, 2002 VIA OVERNIGHT MAIL Clerk to the Board P.O. Box 758 915 10th Street Greeley, CO 80632 Re: Longview Community, LLC Agreement Dear Clerk to the Board: • Enclosed please find two (2) duplicate original documents of the Off-Site Improvement Reimbursement Agreement. It is my understanding that you may be able to consider this agreement at your February 6, 2002 meeting. Please review the agreement and advise me of your decision. I can be reached at 303-874-7036. I look forward to hearing from you shortly. Sincerely, Rebecca L. Barth Regional Manager cc: Lee Morrison (with enclosures) Chateau Communities,Inc. 6160 S.Syracuse Way ■Greenwood Village,CO 80111 ■ 303-741-3707 • Fax:303-741-3715 n z-a I www.chateaucomm.com•NYSE:CPJ OS _(/JAI Hello