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HomeMy WebLinkAbout971278.tiffRESOLUTION RE: APPROVE IMPROVEMENTS AGREEMENT ACCORDING TO POLICY REGARDING COLLATERAL FOR IMPROVEMENTS (PUBLICLY MAINTAINED ROADS) WITH MARTIN BROTHERS, LLC, ACCEPT COLLATERAL, AND AUTHORIZE CHAIR TO SIGN ANY NECESSARY DOCUMENTS - BUFFALO RIDGE ESTATES, PHASES 1 AND 2 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, by Resolution dated January 29, 1997, a Site Specific Development Plan and Major Subdivision Final Plat, S #414, for Buffalo Ridge Estates on the following described real estate, to -wit: Part of the SW'/NW'/ and part of the SW% of Section 12, Township 1 North, Range 66 West of the 6th P.M., Weld County, Colorado WHEREAS, pursuant to certain Conditions of Approval in said Resolution, the Board has been presented with an Improvements Agreement According to Policy Regarding Collateral for Improvements (Publicly Maintained Roads) between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Martin Brothers, LLC, with terms and conditions being as stated in said agreement, and WHEREAS, Department of Planning Services staff has requested the acceptance of a Trust Deed for phases three through seven as collateral for phases one and two of the project, conditional upon the applicants providing a Trust Deed and title work for phases three through seven to the Weld County Department of Planning Services for review and approval by the Weld County Attorney's Office, prior to recording the Major Subdivision Final Plat, 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, and to accept collateral as recommended by staff. 971278 (!C ; tt Pw, 1/L° ">j Ch i lds> /YJar-fin &as SUBD IMPROVEMENTS AGREEMENT/ACCEPT COLLATERAL - BUFFALO RIDGE ESTATES - MARTIN PAGE 2 NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Improvements Agreement According to Policy Regarding Collateral for Improvements (Publicly Maintained Roads) between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Martin Brothers, LLC, be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that collateral in the form of a Trust Deed for phases three through seven be, and hereby is, accepted as collateral for phases one and two. BE IT FURTHER RESOLVED by the Board that this approval is conditional upon the applicants providing said Trust Deed and title work to the Weld County Department of Planning Services for review and approval by the Weld County Attorney's Office prior to recording the Major Subdivision Final Plat. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign any necessary documents. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 2nd day of July, A.D., 1997. Deputy Clerk BOARD OF COUNTY COMMISSIONERS WELD OUNTY, CyORADO George . Baxter, Chair stance L. Harbert Pr., , em Dale K. Hall 'bara J. Kirkmeyer 971278 SUBD 3'23 IMPROVEMENTS AGREEMENT ACCORDING POLICY REGARDING COLLATERAL FOR IMPROVEMENTS (PUBLICLY MAINTAINED ROADS) THIS AGREEMENT, made and entered into this 22 day of May, 1 997 , by and between the County of Weld, State of Colorado, acting through its Board of County Commissioners, hereinafter called "County", Martin Brothers, LLC , hereinafter called "Applicant". WITNESSETH: WHEREAS, Applicant is the owner of or has a controlling interest in the following described property in the County of Weld, Colorado: Approx 1/2 Mile West of WCR 37 & 1/2 Mile South of WCR 12 The south one-half of the northwest one -quarter and the southwest one - quarter of section 12, township 1 north, range 66 west of the sixth prin- cipal meridian, county of weld, state of Colorado, except: The southwest one -quarter of the northwest one -quarter of said section 12, and except Martin Brothers planned unit development amended. WHEREAS, a final subdivision/PUD plat of said property, to be known as Buffalo Ridge Estates has been submitted to the County for approval; and WHEREAS, Section of the Weld County (Subdivision) (Zoning) Ordinance provides that no final plat shall be approved by the County until the Applicant has submitted a Subdivision Improvement Agreement guaranteeing the construction of the public improvements shown on plans, plats and supporting documents of the subdivision, which improvements, along with a time schedule for completion, are listed in Exhibits "A" and "B" of this Agreement. NOW, THEREFORE, IN CONSIDERATION OF the foregoing and of the acceptance and approval of said final plat, the parties hereto promise, covenant and agree as follows: 1.0 Engineering Services: Applicant shall furnish, at its own expense, all engineering services in connection with the design and construction of the subdivision improvements listed on Exhibit "A" which is attached hereto and made a part of this reference. The required engineering services shall be performed by a Professional Engineer and Land Surveyor registered in the State of Colorado, and shall conform to the standards and criteria established by the County for public improvements. 1.2 The required engineering services shall consist of, but not be limited to, surveys, designs, plans and profiles, estimates, construction supervision, and the submission of necessary documents to the County. 1.3 Applicant shall furnish drawings and cost estimates for roads within the subdivision to the County for approval prior to the letting of any construction contract. Before acceptance of the roads within the subdivision by the County, Applicant shall 1 Revised 12/95 2557393 B-1615 P-270 07/10/1997 10:56A PG 1 OF 41 REC D0C Weld County CO JA Suki Tsukamoto Clerk & Recorder 0.00 furnish one set of reproducible "as -built" drawings and a final statement of construction cost to the County. 2.0 Rights -of -Way and Easements: Before commencing the construction of any improvements herein agreed upon, Applicant shall acquire, at its own expense, good and sufficient rights - of -way and easements on all lands and facilities traversed by the proposed improvements. All such rights -of -way and easements used for the construction of roads to be accepted by the County shall be conveyed to the County and the documents of conveyance shall be furnished to the County for recording. 3.0 Construction; Applicant shall furnish and install, at its own expense, the subdivision improvements listed on Exhibit "A: which is attached hereto and made a part hereof by this reference, according to the construction schedule set out in Exhibit "B" also attached hereto and made a part hereof by this reference. 3.1 Said construction shall be in strict conformance to the plans and drawings approved by the County and the specifications adopted by the County for such public improvements. Whenever a subdivision is proposed within three miles of an incorporated community located in Weld County or located in any adjacent county, the Applicant shall be required to install improvements in accordance with the requirements and standards that would exist if the plat were developed within the corporate limits of that community. If the incorporated community has not adopted such requirements and standards at the time the subdivision is proposed, the requirements and standards of the County shall be adhered to. If both the incorporated community an the County have requirements and standards, those requirements and standards that are more restrictive shall apply. 3.2 Applicant shall employ, at its own expense, a qualified testing company previously approved by the County to perform all testing of materials or construction that is required by the County; and shall furnish copies of test results to the County. 3.3 At all times during said construction, the County shall have the right to test and inspect or to require testing and inspection of material and work at Applicant's expense. Any material or work not conforming to the approved plans and specifications shall be removed and replaced to the satisfaction of the County at Applicant's expense. 3.4 The Applicant shall furnish proof that proper arrangements have been made for the installation of sanitary sewer or septic systems, water, gas, electric and telephone services. 3.5 Said subdivision improvements shall be completed, according to the terms of this Agreement, within the construction schedule appearing in Exhibit "B". The Board of County Commissioners, at its option, may grant an extension of the time of completion shown on Exhibit "B" upon application by the Applicant subject to the terms of Section 6 herein. 2 Revised 12/95 2557393 B-1615 P-270 07/10/1997 10:56A PG 2 OF 41 r.'71278 4.0 Release of Liability: Applicant shall indemnify and hold harmless the County from any and all liability loss and damage county may suffer as a result of all suits, actions or claims of every nature and description caused by, arising from, or on account of said design and construction of improvements, and pay any and all judgments rendered against the County on account of any such suit, action or claim, together with all reasonable expenses and attorney fees incurred by County in defending such suit, action or claim whether the liability, loss or damage is caused by, or arises out of the negligence of county or its officers, agents, employees, or otherwise except for the liability, loss, or damage arising from the intentional torts or the gross negligence of the county or its employees while acting within the scope of their employment. All contractors and other employees engaged in construction of the improvements shall maintain adequate workman's compensation insurance and public liability insurance coverage, and shall operate in strict accordance with the laws and regulations of the State of Colorado governing occupational safety and health. 5.0 Off -Site Improvements Reimbursement Procedure: The subdivider, applicant, or owner may be reimbursed for off -site road improvements as provided in this section when it has been determined by the Board of County Commissioners that the road facilities providing access to the subdivision are not adequate in structural capacity, width, or functional classification to support the traffic requirements of the uses of the subdivision. 5.1 The subdivider, applicant, or owner shall enter into an off -site improvements agreement prior to recording the final plat when the subdivider, applicant, or owner expects to receive reimbursement for part of the cost of the off -site improvements. 5.2 The off -site improvements agreement shall contain the following: The legal description of the property to be served. The name of the owner(s) of the property to be served. A description of the off -site improvements to be completed by the subdivider, applicant, or owner. The total cost of the off -site improvements. The total vehicular trips to be generated at build -out by the subdivision, or resubdivision, as specified by the ITE Trip Generation Manual, or by special study approved by the Board of County Commissioners. A time period for completion of the off -site improvements. The terms of reimbursement. The current address of the person to be reimbursed during the term of the agreement. Any off -site improvements agreement shall be made in conformance with the Weld County policy on collateral for improvements. 5.3 If the subdivider, applicant, or owner fails to comply with the improvements agreement, the opportunity to obtain reimbursement under this section is forfeited. 5.4 When it is determined by the Board of County Commissioners that vehicular traffic from a subdivision or resubdivision will use a road improvement constructed under an improvement agreement, the subsequent subdivider, applicant, or owner shall reimburse the original subdivider, applicant, or owner, for a portion of the original 3 Revised 12/95 2557393 B-1615 P-270 07/10/1997 10:56A PG 3 OF 41 971278 1 construction cost. In no event shall the original subdivider, applicant, or owner collect an amount which exceeds the total costs of improvements less the pro rata share of the total trip impacts generated by the original development. Evidence that the original subdivider, applicant, or owner has been reimbursed by the subsequent subdivider, applicant or owner shall be submitted to the Department of Planning Services prior to recording the final subdivision or resubdivision plat. 5.5 The amount of road improvement cost to be paid by the subsequent subdivider, applicant, or owner of a subdivision or resubdivision using the road improvements constructed under a prior improvement agreement 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 intended to use the road improvement. The amount of road improvement cost shall also consider inflation as measured by the changes in the Colorado Construction Cost Index used by the Colorado Division of Highways. The cost of road improvements may be paid by cash contribution to the prior subdivider, applicant or owner or by further road improvements which benefit the prior subdivider, applicant, or owner's property. This decision shall be at the sole discretion of the Board of County Commissioners based upon the need for further off -site road improvements. 5.6 The report entitled TRIP GENERATION (Third Edition, I9821 of the institute of Transportation Engineers shall normally be used for calculating a reasonable pro rata share of the road improvement construction costs for all subdivisions or resubdivisions. 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 a subdivision or resubdivision will generate shall be decided by the County Engineer. 5.7 The term for which the subdivider, applicant, or owner is entitled to reimbursement under the off -site improvements agreement, entered into between the subdivider and the county, is ten years from the date of execution of a contract for road improvements. 5.8 This provision is not intended to create any cause of action against Weld County or its officers or employees by any subdivider, applicant, or owner 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. 6.0 Acceptance of Streets for Maintenance by the County: Upon compliance with the following procedures by the Applicant, streets within a subdivision may be accepted by the County as a part of the County road system and will be maintained and repaired by the County. 6.1 If desired by the County, portions of street improvements may be placed in service when completed according to the schedule shown on Exhibit "B", but such use and operation shall not constitute an acceptance of said portions. 6.2 County may, at its option, issue building permits for construction on lots for which street improvements detailed herein have been started but not completed as shown on Exhibit "B", 4 Revised 12/95 2557393 B-1615 P-270 07/10/1997 10:56A PG 4 OF 41 971278 and may continue to issue building permits so long as the progress of work on the subdivision improvements in that phase of the development is satisfactory to the County; and all terms of this Agreement have been faithfully kept by Applicant. 6.3 Upon completion of the construction of streets within a subdivision and the filing of a Statement of Substantial Compliance, the applicant(s) may request in writing that the County Engineer inspect its streets and recommend that the Board of County Commissioners accept them for partial maintenance by the County. Partial maintenance consists of all maintenance except for actual repair of streets, curbs and gutters, and related street improvements. Not sooner than nine months after acceptance for partial maintenance of streets, the County Engineer shall, upon request by the applicant, inspect the subject streets, and notify the applicant(s) of any deficiencies. The County Engineer shall reinspect the streets after notification from the applicant(s) that any deficiencies have been corrected. If the County Engineer finds that the streets are constructed according to County standards, he shall recommend acceptance of the streets for full maintenance. Upon a receipt of a positive unqualified recommendation from the County Engineer for acceptance of streets within the development, the Board of County Commissioners shall accept said streets as public facilities and County property, and shall be responsible for the full maintenance of said streets including repair. 7.0 General Requirements for Collateral: 7.1 The value of all collateral submitted to Weld County must be equivalent to 100% of the value of the improvements as shown in this Agreement. Prior to Final Plat approval, the applicant shall indicated which of the five types of collateral prefered to be utilized to secure the improvements subject to final approval by the Board of County Commissioners and the execution of this Agreement. Acceptable collateral shall be submitted and the plat recorded within six (6) months of the Final Plat approval. If acceptable collateral has not been submitted within six (6) months then the Final Plat approval and all preliminary approvals shall automatically expire. An applicant may request that the County extend the Final Plat approval provided the cost estimates are updated and the development plans are revised to comply with all current County standards, policies and regulations. The improvements shall be completed within one (1) year after the Final Plat approval (not one year after acceptable collateral is submitted) unless the applicant(s) reauests that this Agreement he renewed at least thirty (30) days prior to its expiration and further provides that cost estimates for the remaining improvements are updated and collateral is provided in the amount of 100% of the value of the improvements remaining to be completed. If improvements are not completed and the agreement not renewed within these time frames, the County, at its discretion, may make demand on all or a portion of the collateral and take steps to see that the improvements are made. 7.2 The applicant may choose to provide for a phased development by means of designating filings of a Planned Unit Development Plan or Final Plat Subdivision. The applicant would need only to provide collateral for the improvements in each filing as approved. The County will place restrictions on those portions of the property that are not covered by collateral which will prohibit the conveyance of the 5 Revised 12/95 2557393 B-1615 P-270 07/10/1997 10:56A PG 5 OF 41 971275 property or the issuance of building permits until collateral is provided or until improvements are in place and approved pursuant to the requirements for a Request for Release of Collateral. 7.3 The applicant intends to develop in accordance with Exhibits "A" and "B". The costs of the improvements described in the Appendix "A"will be adjusted higher or lower for the year and quarter in which the contemplated work is being performed based on "The State Highway Bid Price Index" contained in the "Quarterly Cost Report" of The Engineering News -Record as published by The McGraw-Hill Companies. This applicant has provided cost estimates for all phases of the development which will be adjusted in accordance with the The State Highway Bid Price Index at the time of posting of collateral for each phase. 8.0 Improvements Guarantee: The five types of collateral listed below are acceptable to Weld County subject to final approval by the Board of County Commissioners. 8.1 An irrevocable Letter of Credit from a Federal or State licensed financial institution on a form approved by Weld County. The letter of credit shall state at least the following: 8.1.1 The Letter of Credit shall be in an amount equivalent of 100% of the total value of the improvements as set forth in Section 6.0 and exhibits "A" and "B" 8.1.2 The Letter of Credit shall provide for payment upon demand to Weld County if the developer has not performed the obligations specified in the Improvements Agreement and the issuer has been notified of such default. 8.1.3 The applicant may draw from the Letter of Credit in accordance with the provisions of this policy. 8.1.4 The issuer of the Letter of Credit shall guarantee that at all times the unreleased portion of the Letter of Credit shall be equal to a minimum of 100% of the estimated costs of completing the uncompleted portions of the required improvements, based on inspections of the development by the issuer. In no case shall disbursement for a general improvement item exceed the cost estimate in the Improvements Agreement (i.e., streets, sewers, water mains and landscaping, etc.). The issuer of the Letter of Credit will sign the Improvements Agreement acknowledging the agreement and its cost estimates. 8.1.5 The Letter of Credit shall specify that 15% of the total Letter of Credit amount cannot be drawn upon and will remain available to Weld County until released by Weld County. 6 Revised 12/95 2557393 B-1615 P-270 07/10/1997 10:56A PG 6 OF 41 971278 8.1.6 The Letter of Credit shall specify that the date of proposed expiration of the Letter of Credit shall be either the date of release by Weld county of the final 15%, or one year from the date of Final Plat approval, whichever occurs first. Said letter shall stipulate that, in any event, the Letter of Credit shall remain in full force and effect until after the Board has received sixty (60) days written notice from the issuer of the Letter of Credit of the pending expiration. Said notice shall be sent by certified mail to the Clerk to the Board of County Commissioners. 8.2 Trust Deed upon all or some of the proposed development or other property acceptable to the Board of County Commissioners provided that the following are submitted: 8.2.1 In the event property within the proposed development is used as collateral, an appraisal is required of the property in the proposed development by a disinterested M.A.I. member of the American Institute of Real Estate Appraisers indicating that the value of the property encumbered in its current degree of development is sufficient to cover 100% of the cost of the improvements as set forth in the Improvements Agreement plus all costs of sale of the property. 8.2.2 In the event property other than the property to be developed has been accepted as collateral by Weld County, then an appraisal is required of the property by a M.A.I. member of the Institute of Real Estate Appraisers indicating that the value of the property encumbered in its current state of development is sufficient to cover 100% of the cost of the improvements as set forth in the Improvements Agreement plus all costs of sale of the property. 8.2.3 A title insurance policy insuring that the Trust Deed creates a valid encumbrance which is senior to all other liens and encumbrances. 8.2.4 A building permit hold shall be placed on the encumbered property. 8.3 Escrow Agreement that provides at least the following: 8.3.1 The cash in escrow is at least equal to 100% of the amount specified in the Improvements Agreement. 8.3.2 The escrow agent guarantees that the escrowed funds will be used for improvements as specified in the agreement and for no other purpose and will not release any portion of such funds without prior approval of the Board. 8.3.3 The escrow agent will be a Federal or State licensed bank or financial institution. 8.3.4 If the County of Weld County determines there is a default of the Improvements Agreement, the escrow agent, upon request by the County, shall release any remaining escrowed funds to the County. 7 Revised 12/95 2557393 B-1615 P-270 07/10/1997 10:56A PG 7 OF 41 971278 8.4 A surety bond given by a corporate surety authorized to do business in the State of Colorado in an amount equivalent to 100% of the value of the improvements as specified in the Improvements Agreement. 8.5 A cash deposit made with the County equivalent to 100% of the value of the improvements. 9.0 Request for Release of Collateral: Prior to release of collateral for the entire project or for a portion of the project by Weld County, the Applicant must present a Statement of Substantial Compliance from an Engineer registered in Colorado that the project or a portion of the project has been completed in substantial compliance with approved plans and specifications documenting the following: 9.1 The Engineer or his representative has made regular on -site inspections during the course of construction and the construction plans utilized are the same as those approved by Weld County. 9.2 Test results must be submitted for all phases of this project as per Colorado Department of Transportation Schedule for minimum materials sampling, testing and inspections found in CDOT Materials Manual. 9.3 "As built" plans shall be submitted at the time the letter requesting release of collateral is submitted. The Engineer shall certify that the project "as built" is in substantial compliance with the plans and specifications as approved or that any material deviations have received prior approval from the County Engineer. 9.4 The Statements of Substantial Compliance must be accompanied, if appropriate, by a letter of acceptance of maintenance and responsibility by the appropriate utility company, special district or town for any utilities. 9.5 A letter must be submitted from the appropriate Fire Authority indicating the fire hydrants are in place in accordance with the approved plans. The letter shall indicate if the fire hydrants are operational and state the results of fire flow tests. 9.6 The requirements in 9.0 thru 9.5 shall be noted on the final construction plans. 9.7 Following the submittal of the Statement of Substantial Compliance and recommendation of acceptance of the streets for partial maintenance by the County, the applicant(s) may request release of the collateral for the project or portion of the project by the Board. This action will be taken at a regularly scheduled public meeting of the Board. 9.8 The request for release of collateral shall be accompanied by "Warranty Collateral" in the amount of 15% of the value of the improvements as shown in this Agreement excluding improvements fully accepted for maintenance by the responsible governmental entity, special district or utility company. 9.9 The warranty collateral shall be released to the applicant upon final acceptance by the Board of County Commissioners for full maintenance under Section 5.3 herein. 8 Revised 12/95 2557393 B-1615 P-270 07/10/1997 10:56A PG 8 OF 41 371278 10.0 Public Sites and Open Spaces: When the Board of County Commissioners, pursuant to a rezoning, subdivision or planned unit development, requires the dedication, development and/or reservation of areas or sites other than subdivision streets and utility easements of a character, extent and location suitable for public use for parks, greenbelts or schools, said actions shall be secured in accordance with one of the following alternatives, or as specified in the PUD plan, if any: 10.1 The required acreage as may be determined according to Section 8-15-B of the Weld County Subdivision Regulations shall be dedicated to the County or the appropriate school district, for one of the above purposes. Any area so dedicated shall be maintained by the County or school district. 10.2 The required acreage as determined according to Section 8-15-B of the Weld County Subdivision Regulations may be reserved through deed restrictions as open area, the maintenance of which shall be a specific obligation in the deed of each lot within the subdivision. 10.3 In lieu of land, the County may require a payment to the County in an amount equal to the market value at the time of final plat submission of the required acreage as determined according to Section 8-15-B. Such value shall be determined by a competent land appraiser chosen jointly by the Board and the Applicant. The cash collected shall be deposited in an escrow account to be expended for parks at a later date. 11.0 Successors and Assigns: This Agreement shall be binding upon the heirs, executors, personal representatives, successors and assigns of the Applicant, and upon recording by the County, shall be deemed a covenant running with the land herein described, and shall be binding upon the successors in ownership of said land. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed on the day and year first above written. BOARD OF COUNTY COMMISSIONERS WELI)COUNTY, CO J ORADO 2557393 B-1615 P-270 07/10/1997 10:56A PG 9 OF 41 9 Revised 12/95 97122S ' APPROVED AS TO FORM: APPLICANT / r ar'iu trot L L e BY: I ct„,. £ n (title) SUBSCRIBED AND SWORN to before me this .d day of WITNESS my hand and official seal. My commission expires: `-'(;,)o. M:\FORMWPU BI.IC. DB /y 14 otary Pub W! <r, .99,10:° t .'K •• • 10 Revised 12/95 2557393 B-1615 P-270 07/10/1997 10:56A PG 10 OF 41 S71275 EXHIBIT "A" Name of Subdivision: Buffalo Ridge Estates Filing: First Filing Location: Legal attached First Phase Intending to be legally bound, the undersigned Applicant hereby agrees to provide throughout this subdivision and as shown on the subdivision final plat County dated , 19 , recorded on , 19 , in Book , Page No. , Reception No. , the following improvements. (Leave spaces blank where they do not apply) Improvements Unit Cost Street grading Street base 6.25/ton Estimated Construction Cost Completed $24,269.00 Street paving Curbs, glitters. & culverts Sidewalk Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Sanitary sewers Trunk & forced lines Mains Laterals (house connected) On -site sewage facilities On -site water supply & storage Water mains -Includes Bore Fire hydrants Survey & street monuments & boxes Street lighting Street name signs Fencing requirements Landscaping Park improvements Road Culvert Grass Lined Swale Telephone Gas Electric $61,000.00 $9,000.00 ($2,000 paid) $7,000.00 $1200.00 $4,600.00 $10,000.00 Paid ($4,600.00) $34,000.00 Water Transfer SUB -TOTAL $142,069.00 2557393 8-1615 P-270 07/10/1997 10:56A PG 11 OF 41 Revised 12/95 971275 Engineering and Supervision Costs included (testing, inspection, as -built plans and work in addition to preliminary and final plat; supervision of actual construction by contractors) TOTAL ESTIMATED COST OF IMPROVEMENTS AND SUPERVISION $ 1 42, 069. 00 The above improvements shall be constructed in accordance with all County requirements and specifications, and conformance with this provision shall be determined solely by Weld County, or its duly authorized agent. Said improvements shall be completed according to the construction schedule set out in Exhibit "B". likra Akq. .. (In corporation, to be signed by President and attested to by Secretary, together with corporate seal.) Date: 6 /27 , 19 97 . 2557393 B-1615 P-270 07/10/1997 10:56A PG 12 OF 41 12 RevisecP1' 278 1 EXHIBIT "B" Name of Subdivision: Buffalo Ridge Estates Filing: First Filing First Phase Location: Approx I Mile West of WCR 37 & 2 Mile South of WCR 12 Intending to be legally bound, the undersigned Applicant hereby agrees to construct the improvements shown on the final subdivision plat of Subdivision, dated , 19 , Recorded on , 19 , in Book Page No. , Reception No. , the following schedule. All improvements shall be completed within 2 years from the date of approval of the final plat. Construction of the improvements listed in Exhibit "A" shall be completed as follows: (Leave spaces blank where they do not apply.) Improvements Time for Completion Site grading Street base 60 days 60 days Street paving Curbs. gutters. and culverts Sidewalk Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Trunk and forced lines Mains Laterals (house connected) On -site sewage facilities On -site water supply and storage Water mains 60 days Fire hydrants Survey & street monuments & boxes Street lighting Street name signs 60 days 60 days Fencing requirements Landscaping Park improvements Telephone Gas 30 days 120 days Electric 60 days Water Transfer Sub -Total 2557393 8-1615 P-270 07/10/1997 10:56A PG 13 OF 41 13 971278 Revised 12/95 The County, at its option, and upon the request by the Applicant, may grant an extension of time for completion for any particular improvements shown above, upon a showing by the Applicant that the above schedule cannot be met. CQ 144at (If corporation, to be signed by President and attested to by Secretary, together with corporate seal.) Date: (1 , 19 72 fonnbpubliu.ab 2557393 B-1615 P-270 07/10/1997 10:56A PG 14 OF 41 971278 14 Revised 12/95 05/30/1997 12:25 3032939725 BOOKKEEPING PLUS PAGE 04 BUFFALO RIDGE ESTATES LANDSCAPING PLAN FOR TRACT A Species/Type # Size Cost/Item Timing Russian Olive 3 2" Caliper 180.00 Fa11 97 Chinese Elm 4 2" Caliper 240.00 Fall 97 Hacberry 4 2" Caliper 240.00 Fall 97 Eastern Red Cedar 4 2" Caliper 240.00 Fall 97 Sand Cherry 500 30" 105.00 Spring 98 Buffalo Berry 550 30" 126.00 Spring 98 Caragana 550 30" 126.00 Spring 98 Eastern Red Cedar 500 222.00 Spring 98 Ponderosa Pine 500 222.00 Spring 98 Green Ash 500 30" 105.00 Spring 98 Hackberry 500 30" 105.00 Spring 98 Black Locust 500 30" 105.00 Spring 98 Hybred Cottonwood 200 30" 90.00 Spring 98 Total 2,100.00 2557393 B-1615 P-270 07/10/1997 10:56A PG 15 OF 41 05/30/97 11:28 TX/RX NO.7443 971278 P.004 • Development Plan for Tract A Tract A will be developed in a manner similar to the drawing. This type of development was suggested by Randolph E. Randall, Jr. and Andrea G. Leonard of Brighton Soil Conservation District. The plan may be modified at their option to better conform with the objectives. The shrubs will be Caragana, Sand Cherry, Buffalo Berry, Serviceberry or other suggested by the Conservation District. Trees will be Lombardy poplar, Eastern Red Cedar, Ponderosa Pine, or others recommended. The Soil Conservation Service will recommend the types and timing of additional ground cover grasses to be planted. The large trees designated in the plan are available Fall of 1997 and will be planted then. The balance of the landscaping will be available from the Colorado State Forest Service in the Spring of 1998 and will be planted as available. 2557393 B-1615 P-270 07/10/1997 10:56A PG 16 OF 41 971273 ED f", ctn. ; c Tazb(es b 2557393 B-1615 P-270 07/10/1997 10:56A PG 17 OF 41 371278 EXHIBIT "A" Name of Subdivision: Buffalo Ridge Estates Filing: First Filing Second Phase Location: Legal attached Intending to be legally bound, the undersigned Applicant hereby agrees to provide throughout this subdivision and as shown on the subdivision final plat County dated , 19 , recorded on , 19 , in Book , Page No. , Reception No. , the following improvements. (Leave spaces blank where they do not apply) Improvements Estimated Unit Cost Construction Cost Street grading completed Street base 6.25/ton $52,919.00 Street paving Curbs, gutters. & culverts Sidewalk 25.00/ton $85,500.00 Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Sanitary sewers Trunk & forced lines Mains Laterals (house connected) On -site sewage facilities On -site water supply & storage $61,000.00 $9,000.00 ($2,000 paid) $7,000.00 Water mains -Includes Bore Fire hydrants Survey & street monuments & boxes Street lighting Street name signs Fencing requirements Landscaping Park improvements Road Culvert Grass Lined Swale Telephone $1,200.00 Gas Electric $7,000_00 Water Transfer SUB -TOTAL $214,619.00 2557393 B-1615 P-270 07/10/1997 10:56A PG 18 OF 41 11 Revised 12/95 974' 27S Engineering and Supervision Costs included (testing, inspection, as -built plans and work in addition to preliminary and final plat; supervision of actual construction by contractors) TOTAL ESTIMATED COST OF IMPROVEMENTS AND SUPERVISION $ 214 , 61 9 . 00 The above improvements shall be constructed in accordance with all County requirements and specifications, and conformance with this provision shall be determined solely by Weld County, or its duly authorized agent. Said improvements shall be completed according to the construction schedule set out in Exhibit "B". ea fv,a,.�(,. (In corporation, to be signed by President and attested to by Secretary, together with corporate seal.) Date: 2557393 B-1615 P-270 07/10/1997 10:56A PG 19 OF 41 /LT ,19 97 1.2 971278 Revised U/95 EXHIBIT "B" Name of Subdivision: Buffalo Ridge Estates Filing: First Filing Second Phase WCR 35 Location: Approx Z Mile West of WCR 37 & Z Mile South of WCR 12 Intending to be legally bound, the undersigned Applicant hereby agrees to construct the improvements shown on the final subdivision plat of Subdivision, dated , 19 , Recorded on , 19 , in Book Page No. , Reception No. , the following schedule. All improvements shall be completed within final plat. Construction of the improvements listed in Exhibit "A" shall be completed as follows: (Leave spaces blank where they do not apply.) 5 Improvements Bidding and Mobilization Site grading Street base Street paving 3 weeks Curbs, gutters. and culverts Sidewalk Time for Completion 5 weeks 3 weeks 3 weeks Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Trunk and forced lines Mains Laterals (house connected) On -site sewage facilities On -site water supply and storage Water mains 60 days Fire hydrants Survey & street monuments & boxes Street lighting • Street name signs Fencing requirements Landscaping Park improvements Telephone Gas 120 days Electric 60 days Water Transfer Sub -Total 2557393 B-1615 P-270 07/10/1997 10:56A PG 20 OF 41 years from the date of approval of the 97127S 13 Revised 12/95 The County, at its option, and upon the request by the Applicant, may grant an extension of time for completion for any particular improvements shown above, upon a showing by the Applicant that the above schedule cannot be met. C3,,,. a a° o Q e._. (If corporation, to be signed by President and attested to by Secretary, together with corporate seal.) Date: fumdnp iblic db 2557393 B-1615 P-270 07/10/1997 10:56A PG 21 OF 41 14 Revises 12/9S�n 6 Martin Brothers L.L.C. 147 S. Denver Avenue Ft. Lupton, CO 80261 2557393 B-1615 P-270 07/10/1997 10:56A PG 22 OF 41 May 28, 1997 Weld County Planning Department Ms. Gloria Dunn: The ten thousand dollars ($10,000.00) landscaping allowance referred to in the Buffalo Ridge Estates Improvement Agreement with Weld County is allocated to Tract A of the development. Landscaping Allowance Breakdown: Concrete Picnic Tables (3) and Installation $ 1,200.00 Large Trees (15) $ 900.00 Shrubs $ 350.00 Evergreens $ 450.00 Deciduous Trees $ 400.00 Planting Labor $ 1,000.00 Planting $ 1,000.00 Maintenance (2 years) $ 2,000.00 Replacement Labor $ 500.00 Plants $ 500.00 Contingency Fund $ 1,700.00 Total $10,000.00 971.27,5 EXHIBIT "A" Name of Subdivision: Buffalo Ridge Estates Filing: First Filing Third Phase Location: Approx 3 Mile West of WCR 37 & Mile South of WCR 12 Intending to be legally bound, the undersigned Applicant hereby agrees to provide throughout this subdivision and as shown on the subdivision final plat County dated , 19 recorded on , 19 , in Book , Page No. , Reception No. , the following improvements. (Leave spaces blank where they do not apply) Improvements Street grading Street base Estimated Unit Cost Constniction Cost Street paving Curbs, gutters, & culverts Sidewalk Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Sanitary sewers Trunk & forced lines Mains Laterals (house connected) On -site sewage facilities On -site water supply & storage Water mains -Includes Bore Fire hydrants Survey & street monuments & boxes Street lighting Street name signs Fencing requirements Landscaping Park improvements Road Culvert Grass Lined Swale Telephone Gas Electric $70,000.00 $ 1,200.00 $ 7,000.00 Water Transfer SUB -TOTAL $78,200.00 2557393 8-1615 P-270 07/10/1997 10:56A PG 23 OF 41 1,71e:,.:78 1 Revised 12/95 Engineering and Supervision Costs 0 . 00 (testing, inspection, as -built plans and work in addition to preliminary and final plat; supervision of actual construction by contractors) TOTAL ESTIMATED COST OF IMPROVEMENTS AND SUPERVISION $ 7 S , 200 . 0 0 The above improvements shall be constructed in accordance with all County requirements and specifications, and conformance with this provision shall be determined solely by Weld County, or its duly authorized agent. Said improvements shall be completed according to the construction schedule set out in Exhibit "B". eQ'n.... (In corporation, to be signed by President and attested to by Secretary, together with corporate seal.) Date: Co727 , 19 97. 2557393 B-1615 P-270 07/10/1997 10:56A PG 24 OF 41 12 cry"t?y8 Revised'1i95t"° I EXHIBIT "B" Name of Subdivision: Buffalo Ridge Estates Filing: First Filing Third Phase Location: Approx 3 Mile West of WCR 37 & Mile South of WCR 12 Intending to be legally bound, the undersigned Applicant hereby agrees to construct the improvements shown on the final subdivision plat of Subdivision, dated , 19 , Recorded on , 19 , in Book Page No. , Reception No. , the following schedule. All improvements shall be completed within 2 years from the date of approval of the final plat. Construction of the improvements listed in Exhibit "A" shall be completed as follows: (Leave spaces blank where they do not apply.) Improvements Time for Completion Site grading Street base Street paving Curbs, gutters, and culverts Sidewalk Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Trunk and forced lines Mains Laterals (house connected) On -site sewage facilities On -site water supply and storage Water mains 60 days Fire hydrants Survey & street monuments & boxes Street lighting Street name signs Fencing requirements Landscaping Park improvements Telephone 120 days Gas Electric 60 days Water Transfer Sub -Total 2557393 B-1615 P-270 07/10/1997 10:56A PG 25 OF 41 13 c: - Revi /%" The County, at its option, and upon the request by the Applicant, may grant an extension of time for completion for any particular improvements shown above, upon a showing by the Applicant that the above schedule cannot be met. (If corporation, to be signed by President and attested to by Secretary, together with corporate seal.) Date: G/ZI ,19 77 fo m\epiddicdb 2557393 B-1615 P-270 07/10/1997 10:56A PG 26 OF 41 971.278 14 Revised 12/95 EXHIBIT "A" Name of Subdivision: Buffalo Ridge Estates Filing: First Filing Fourth Phase Location: Approx Mile West of WCR 37 & -} Mile South of WCR 12 Intending to be legally bound, the undersigned Applicant hereby agrees to provide throughout this subdivision and as shown on the subdivision final plat County dated , 19 recorded on , 19 , in Book , Page No. , Reception No. , the following improvements. (Leave spaces blank where they do not apply) Improvements Street grading Street base Estimated Unit Cost Construction Cost Street paving Curbs, gutters, & culverts Sidewalk Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Sanitary sewers Trunk & forced lines $50,000.00 Mains Laterals (house connected) On -site sewage facilities On -site water supply & storage Water mains -Includes Bore $70.000.00 Fire hydrants Survey & street monuments & boxes Street lighting Street name signs Fencing requirements Landscaping Park improvements Road Culvert Grass Lined Swale Telephone Gas $ 1,200.00 Electric $ 7,000.00 Water Transfer SUB -TOTAL $128,200.00 2557393 B-1615 P-270 07/10/1997 10:56A PG 27 OF 41 971278 a Revised 12/95 Engineering and Supervision Costs 0.00 (testing, inspection, as -built plans and work in addition to preliminary and final plat; supervision of actual construction by contractors) TOTAL ESTIMATED COST OF IMPROVEMENTS AND SUPERVISION $ 1 28, 2.00.00 The above improvements shall be constructed in accordance with all County requirements and specifications, and conformance with this provision shall be determined solely by Weld County, or its duly authorized agent. (S/a iidd/improvements shall �be�completed according to the construction schedule set out in Exhibit "B". j - a Mt o I at lr`> (In corporation, to be signed by President and attested to by Secretary, together with corporate seal.) Date: %p /2.1 ,19 97. 2557393 B-1615 P-270 07/10/1997 10:56A PG 28 OF 41 97 78 12 Revised 12/95 EXHIBIT "B" Name of Subdivision: Buffalo Ridge Estates Filing: First Filing Fouth Phase Location: Approx Z Mile West of WCR 37 & 2 Mile South of WCR 12 Intending to be legally bound, the undersigned Applicant hereby agrees to construct the improvements shown on the final subdivision plat of Subdivision, dated , 19 , Recorded on , 19 , in Book , Page No. , Reception No. , the following schedule. All improvements shall be completed within 2 years from the date of approval of the final plat. Construction of the improvements listed in Exhibit "A" shall be completed as follows: (Leave spaces blank where they do not apply.) Improvements Time for Completion Site grading Street base Street paving Curbs, gutters. and culverts Sidewalk Storm sewer facilities Retention ponds Ditch improvements 60 days Subsurface drainage Sanitary sewers Trunk and forced lines Mains Laterals (house connected) On -site sewage facilities On -site water supply and storage Water mains 60 days Fire hydrants Survey & street monuments & boxes Street lighting • Street name signs Fencing requirements Landscaping Park improvements Telephone Gas 120 days Electric Water Transfer 60 days Sub -Total 2557393 B-1615 P-270 07/10/1997 10:56A PG 29 OF 41 11 0"44!",••10. Revised 12/95 The County, at its option, and upon the request by the Applicant, may grant an extension of time for completion for any particular improvements shown above, upon a showing by the Applicant that the above schedule cannot be met. (If corporation, to be signed by President and attested to by Secretary, together with corporate seal.) Date: fonnlepublicAb re /Z? 2557393 B-1615 P-270 07/10/1997 10:56A PG 30 OF 41 14 ,1977. lart.e m..y Ia..Fd; -13 Revised 12/95 EXHIBIT "A" Name of Subdivision: Buffalo Ridge Estates Filing: First Filing Fifth Phase Location: Approx '-� Mile West of WCR 37 & ; Mile South of WCR 12 Intending to be legally bound, the undersigned Applicant hereby agrees to provide throughout this subdivision and as shown on the subdivision final plat County dated , 19 recorded on , 19 , in Book , Page No. , Reception No. , the following improvements. (Leave spaces blank where they do not apply) Improvements Street grading Street base Street paving Curbs, gutters, & culverts Sidewalk Estimated Unit Cost Construction Cost Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Sanitary sewers Trunk & forced lines Mains Laterals (house connected) On -site sewage facilities On -site water supply & storage Water mains -Includes Bore Fire hydrants Survey & street monuments & boxes Street lighting Street name signs Fencing requirements Landscaping Park improvements Road Culvert $70,000.00 Grass Lined Swale Telephone Gas $ 1,200.00 Electric Water Transfer $ 7,000.00 SUB -TOTAL $78,200.00 2557393 B-1615 P-270 07/10/1997 10:56A PG 31 OF 41 l 1 Revised 12/95 Engineering and Supervision Costs 0.00 (testing, inspection, as -built plans and work in addition to preliminary and final plat; supervision of actual construction by contractors) TOTAL ESTIMATED COST OF IMPROVEMENTS AND SUPERVISION $ 78, 200.00 The above improvements shall be constructed in accordance with all County requirements and specifications, and conformance with this provision shall be determined solely by Weld County, or its duly authorized agent. Said improvements shall be completed according to the construction schedule set out in Exhibit "B". eea,, (In corporation, to be signed by President and attested to by Secretary, together with corporate seal.) Date: 672; , 19 ,7. 2557393 B-1615 P-270 07/10/1997 10:56A PG 32 OF 41 971278 1 12 Revised 12/95 EXHIBIT "B" Name of Subdivision: Buffalo Ridge Estates Filing: First Filing Fifth Phase Location: Approx 3 Mile West of WCR 37 & z Mile South of WCR 12 Intending to be legally bound, the undersigned Applicant hereby agrees to construct the improvements shown on the final subdivision plat of Subdivision, dated , 19 , Recorded on , 19 , in Book Page No. , Reception No. , the following schedule. All improvements shall be completed within 2 years from the date of approval of the final plat. Construction of the improvements listed in Exhibit "A" shall be completed as follows: (Leave spaces blank where they do not apply.) Improvements Time for Completion Site grading Street base Street paving Curbs, gutters, and culverts Sidewalk Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Trunk and forced lines Mains Laterals (house connected) On -site sewage facilities On -site water supply and storage Water mains Fire hydrants Survey & street monuments & boxes Street lighting Street name signs Fencing requirements Landscaping Park improvements Telephone Gas Electric 60 days Water Transfer Sub -Total 60 days 120 days 2557393 B-1615 P-270 07/10/1997 10:56A PG 33 OF 41 13 97.16 3 Revised 12/95 The County, at its option, and upon the request by the Applicant, may grant an extension of time for completion for any particular improvements shown above, upon a showing by the Applicant that the above schedule cannot be met. ca (If corporation, to be signed by President and attested to by Secretary, together with corporate seal.) Date: k721 , 19 17 fon&apublic db 2557393 B-1615 P-270 07/10/1997 10:56A PG 34 OF 41 14 cryAl Reviztll Prnril EXHIBIT "A" Name of Subdivision: Buffalo Ridge Estates Sixth Phase WCR 10 Filing: First Filing Location: Approx Z Mile West of WCR 37 & z Mile South of WCR 12 Intending to be legally bound, the undersigned Applicant hereby agrees to provide throughout this subdivision and as shown on the subdivision final plat County dated , 19 recorded on , 19 , in Book , Page No. , Reception No. , the following improvements. (Leave spaces blank where they do not apply) Improvements Unit Cost $0.45/S.Y. $8.50/Ton Street grading Street base Street paving Curbs, gutters. & culverts Sidewalk Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Sanitary sewers Trunk & forced lines Mains Laterals (house connected) On -site sewage facilities On -site water supply & storage Water mains -Includes Bore Fire hydrants Survey & street monuments & boxes Street lighting Street name signs Fencing requirements Landscaping • Park improvements Road Culvert $25.00/Ton $8.50/Ton Estimated Construction Cost $ 4,752.00 $18,849.50 $29,037.50 $ 4,250.00 Bridge $50,000.00 Grass Lined Swale Telephone Gas Electric $70,000.00 $ 1,200.00 $ 7,000.00 Shoulder Base Water Transfer SUB -IOTA I.. $185,089.00 2557393 B-1615 P-270 07/10/1997 10:56A PG 35 OF 41 "'x.273 Revised I �� Engineering and Supervision Costs 0 . 00 (testing, inspection, as -built plans and work in addition to preliminary and final plat; supervision of actual construction by contractors) TOTAL ESTIMATED COST OF IMPROVEMENTS AND SUPERVISION $ 1 85 , 089 . 00 The above improvements shall be constructed in accordance with all County requirements and specifications, and conformance with this provision shall be determined solely by Weld County, or its duly authorized agent. Said improvements shall be completed according to the construction schedule set out in Exhibit "B". (In corporation, to be signed by President and attested to by Secretary, together with corporate seal.) Date: (i /ZJ , 19 17. 2557393 8-1615 P-270 07/10/1997 10:56A PG 36 OF 41 12 9717,73 Revised 12/95 EXHIBIT "B" Name of Subdivision: Buffalo Ridge Estates Filing: First Filing Sixth Phase WCR 10 Location: Approx Mile WEst of WCR 37 & ₹ Mile South of WCR 12 Intending to be legally bound, the undersigned Applicant hereby agrees to construct the improvements shown on the final subdivision plat of Subdivision, dated , 19 , Recorded on , 19 , in Book Page No. , Reception No. , the following schedule. All improvements shall be completed within 5 years from the date of approval of the final plat. Construction of the improvements listed in Exhibit "A" shall be completed as follows: (Leave spaces blank where they do not apply.) Improvements Time for Completion Bidding and Mobilization 5 weeks Site grading 3 weeks Street base 3 weeks Street paving Curbs, gutters, and culverts Sidewalk 3 weeks Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Trunk and forced lines Mains Bridge 60 days Laterals (house connected) On -site sewage facilities On -site water supply and storage Water mains 60 days Fire hydrants Survey & street monuments & boxes Street lighting Street name signs Fencing requirements Landscaping Park improvements Telephone Gas 120 days Electric 60 days Water Transfer Sub -Total 2557393 B-1615 P-270 07/10/1997 10:56A PG 37 OF 41 13 Revised IZ/93 1278 The County, at its option, and upon the request by the Applicant, may grant an extension of time for completion for any particular improvements shown above, upon a showing by the Applicant that the above schedule cannot be met. (If corporation, to be signed by President and attested to by Secretary, together with corporate seal.) Date: C9/2 3 , 19 7 7 fonn'spnblic.db 2557393 B-1615 P-270 07/10/1997 10:56A PG 38 OF 41 9:1273 14 Revised 12/95 EXHIBIT "A" Name of Subdivision: Buffalo Ridge Estates Filing: First Filing Seventh Phase Location: Approx 2 Mile West of WCR 37 & ; Mile South of WCR 12 Intending to be legally bound, the undersigned Applicant hereby agrees to provide throughout this subdivision and as shown on the subdivision final plat County dated , 19 recorded on , 19 , in Book , Page No. , Reception No. , the following improvements. (Leave spaces blank where they do not apply) Improvements Street grading Street base Estimated Unit Cost Construction Cost Street paving Curbs, glitters. & culverts Sidewalk Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Sanitary sewers Trunk & forced lines Mains Laterals (house connected) On -site sewage facilities On -site water supply & storage Water mains -Includes Bore $70,000.00 Fire hydrants Survey & street monuments & boxes Street lighting Street name signs Fencing requirements Landscaping • Park improvements Road Culvert Grass Lined Swale Telephone $ 1,200.00 Gas Electric $ 7,000.00 Water Transfer SUB -TOTAL 2557393 B-1615 P-270 07/10/1997 10:56A PG 39 OF 41 $78,200.00 971273 Revised 12/95 Engineering and Supervision Costs 0.00 (testing, inspection, as -built plans and work in addition to preliminary and final plat; supervision of actual construction by contractors) TOTAL ESTIMATED COST OF IMPROVEMENTS AND SUPERVISION $ 78,200.00 The above improvements shall be constructed in accordance with all County requirements and specifications, and conformance with this provision shall be determined solely by Weld County, or its duly authorized agent. Said improvements shall be completed according to the construction schedule set out in Exhibit "B". (V a„,„ o /1/I w (In corporation, to be signed by President and attested to by Secretary, together with corporate seal.) Date: 4 727 , 19 2557393 B-1615 P-270 07/10/1997 10:56A PG 40 OF 41 971273 12 Revised 12/95 EXHIBIT "B" Name of Subdivision: Buffalo Ridge Estates Piling: First Filing Seventh Phase Location: Approx '� Mile West of WCR 37 & '—� Mile South of WCR 12 Intending to be legally bound, the undersigned Applicant hereby agrees to construct the improvements shown on the final subdivision plat of Subdivision, dated , 19 , Recorded on , 19 , in Book Page No. , Reception No. , the following schedule. All improvements shall be completed within 2 years from the date of approval of the final plat. Construction of the improvements listed in Exhibit "A" shall be completed as follows: (Leave spaces blank where they do not apply.) Improvements Time for Completion Site grading Street base Street paving Curbs, gutters, and culverts Sidewalk Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Trunk and forced lines Mains Laterals (house connected) On -site sewage facilities On -site water supply and storage Water mains Fire hydrants Survey & street monuments & boxes Street lighting Street name signs Fencing requirements Landscaping Park improvements Telephone Gas 60 days 120 days Electric 60 days Water Transfer Sub -Total 2557393 B-1615 P-270 07/10/1997 10:56A PG 41 OF 41 13 R°511278 Hello