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HomeMy WebLinkAbout952285.tiff RESOLUTION RE: APPROVE AGREEMENT FOR ROAD IMPROVEMENTS FOR WELD COUNTY ROAD 396 WITH JOYCE ALLELY AND AUTHORIZE CHAIRMAN TO SIGN - DOS RIOS ESTATES, SECOND FILING 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 Agreement for Road Improvements for Weld County Road 396 between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Joyce Allely, developer of Dos Rios Estates, Second Filing, 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 Agreement for Road Improvements for Weld County Road 396 between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Joyce Allely, developer of Dos Rios Estates, Second Filing, be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chairman 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 November, A.D., 1995. BOARD OF COUNTY COMMISSIONERS -' i Al h D COU TY, C O O 4siV,, Dale K. Hall, Chairman t + l n ,Clerk to the Board f ° Cx r, 'Y FXCI ISFf) nATF nF RI(;NINC; (AYF� .u1 ;.per ' Barbara J. Kirkmeyer, P -Tem ;� //BY:A ` V1/,� 4Q� Al 7/ Deputy CI k to the Board //L /<•-� `. �=-V i •'George E. Baxter APPR D AS TO FOR ' ( , Ti :^2/4 .eV / Constance L. Harbert "Count Attor e ba/ ;r/ / j%//' 1 n W. N. Webster 40tSRcos 1 Pi. 952285 ALL, sUBD AR246554fl AGREEMENT FOR ROAD IMPROVEMENTS FOR WCR 396 THIS AGREEMENT is made and entered into this ,6i —day of tan,ty2.2 , 1995 by and between Joyce J. Allely, developer of Dos Rios Estates, 2nd Filing, hereinafter referred to as "Developer",with an address of 17 Dos Rios,Greeley,Colorado 80634,Weld County Colorado,and the County of Weld, State of Colorado,by and through the Board of County Commissioners of Weld County, Colorado hereinafter referred to as"County", with offices located at 915 10th Street Tenth Street, Greeley, Colorado 80631. WITNESSETH: WHEREAS,the Developer has obtained approval for a Site Specific Development Plan and Subdivision Final Plat for 32 lots for the Dos Rios Estates, 2nd Filing, hereinafter referred to as the "Development", and WHEREAS, 47th Avenue (a/k/a WCR 33) from WCR 52 to WCR 396 and WCR 396 from 47th Avenue to Alto Way, Alto Way and a small portion of Caballo Trail East to match WCR 396, hereinafter referred to as"the Roads",will need paving, in part, due to the increased traffic generated by the Development, a distance of approximately one and A miles, and WHEREAS, WCR 396 abuts a portion of Dos Rios Estates,2nd Filing and 24 of the lots will use 47th Avenue (a/k/a WCR 33) and WCR 396 for access to the Development, and WHEREAS, Developer has proposed phasing the Development into two phases and eight lots in the first phase access WCR 396, and WHEREAS,the Weld County Engineer has performed vehicle counts on traffic into and out of the current Dos Rios Estates and on WCR 396,and based upon those counts the parties agree that the average daily trips by vehicle count is 6.4 trips per lot, per day, a trip consisting of one-way travel to or from the lot, and WHEREAS, the average daily trips anticipated from Dos Rios Estates, 2nd Filing, will constitute 41% of the traffic on the Roads, and WHEREAS, costs of paving the Roads attributable to the lots in the Development using the Roads 2nd Filing, is estimated to be $ 2,125 per lot, and WHEREAS,the holding of land development charges by County is subject to C.R.S. § 29-1- 801 added by 90 H.B. 1152. NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the parties hereto agree as follows: Page 1 of 4 Z465560 B-1520 P-565 11/29/95 03:28P PG 1 OF 4 REC DOC held County CO Clerk R Rem= ler 0.00 c52285 1. TERM A. The term of this Agreement shall be from the date first written above to the completion of paving Roads and final accounting by County and payment of all land development charges by the Developer for the 24 lots accessing the Roads. 2. OBLIGATIONS OF THE COUNTY A. Weld County plans to pave, within five years of the date first written above, the Roads at a current estimated cost of$125,000. The paving improvements shall be for 12 foot travel lanes with 4 foot shoulders designed in accordance with generally accepted engineering practices. B. Design, construction, and maintenance of this portion of the Roads shall be the responsibility of the County. C. County will accept the deposit of and maintain any land development charges in accordance with C.R.S. § 29-1-803, C.R.S. and make accounting of the fund available to the developer. D. County must pave the roads within five years of the date first written above or forfeit all right to the land development charges which are the obligation of the Developer whether already on deposit or remaining to be paid. E. Weld County shall perform a final accounting once paving is completed and may charge against the land development fund 41% of the total cost of paving of the Roads. If the Developer has made deposits for all phases, County shall return to the Developer all of the remaining funds in excess of 41% of the construction costs. Should the Developer not have paid land changes for all phases at the time paving takes place, the County shall be authorized to charge against the land development fund for 41% of the costs of paving the Roads and provide the Developer with a statement of the amount due to satisfy the obligation of the Developer. 3. OBLIGATIONS OF THE DEVELOPER A. Developer agrees to pay the amount of approximately $2125 per each lot accessing the Roads,the actual amount to be determined in accordance with paragraph 2.E. and said funds to be paid to the County prior to the sale of any lot in in either respective phase of Dos Rios Estates,2nd Filing. Eight lots access the Roads under Phase 1 and 16 lots access the Roads under Phase 2. Page 2 of 4 2465560 B-1520 P-565 11/29/95 03:28P PG 2 OF 4 952285 The Developer agrees to provide one Deed of Trust for each phase covering all lots in the Phase simultaneous with presenting the Development plat for recording. The Deeds of Trust shall secure the obligations of the Developer under this Agreement. B. The Developer shall not be released from this obligation unless County does not pave the road within the time frame set forth in paragraph 2.D. herein. In no event shall Developer's obligation under this Agreement exceed $62,500 plus interest under paragraph 3.C. C. The Developer shall be obligated to pay an additional 6.25% per annum compounded annually from the date of the statement of the amount due if paving of the Roads is completed prior to the payment of the Phase 2 land development charges. 4. SEVERABILITY If any term or condition of this Agreement shall be held to be invalid, illegal, or unenforceable, this Agreement shall be construed and enforced without such provision to the extent that this Agreement is then capable of execution within the original intent of the parties hereto. 5. NO THIRD PARTY BENEFICIARY ENFORCEMENT. It is expressly understood and agreed that the enforcement of the terms and conditions of this Agreement, and all rights of action relating to such enforcement, shall be strictly reserved to the undersigned parties and nothing in this Agreement shall give or allow any claim or right of action whatsoever by any other person not included in this Agreement. It is the express intention of the undersigned parties that any entity other than the undersigned parties receiving services or benefits under this Agreement shall be an incidental beneficiary only. 6. MODIFICATION AND BREACH. This Agreement contains the entire agreement and understanding between the parties to this Agreement and supersedes any other agreements concerning the subject matter of this transaction, whether oral or written. No modification, amendment, novation, renewal, or other alteration of or to this Agreement shall be deemed valid or of any force or effect whatsoever,unless mutually agreed upon in writing by the undersigned parties. No breach of any term, provision, or clause of this Agreement shall be deemed waived or excused, unless such waiver or consent shall be in writing and signed by the party claimed to have waived or consented. Any consent by any party hereto, or waiver of, a breach by any other party, whether express or implied, shall not constitute a consent Page 3 of 4 2465560 B-1520 P-565 11/29/95 03:28P PG 3 OF 4 952285 to, waiver of, or excuse for any other different or subsequent breach. 7. NO WARRANTY. Neither County nor Developer, by virtue of their entering into this Agreement and upon their promises to perform the work described herein, make warranties, either express or implied, that the improvement work and/or maintenance of these roads meet standards other than those generally required for counties and cities of the size and type similar to County. 8. BINDING This agreement shall be binding on the heirs, successors, and assigns of the parties. IN WITNESS WHEREOF the parties hereto have signed this Agreement this S0'-4 day of 7k. hex. , 19 9s. APPROVED AS TO FORM:cf, -` By:�K�i�--� Attorney for Developer cT Developer Joyce J. Allely w ST .ei COUNTY OF WELD, STATE OF � $ n COLORADO, by and through the Board of County Commissioners of Weld County • Cl k to the Bo Da e K. Hall, Chairman /1/404/7 APPROOVED AS TO FORM: 7-7 7'91 z r•- Ct Ccunty Attorney M:AW PFILESVAGREE\WCR396F.WI 2465560 B-1520 P-565 11/29/9S 03:28P PG 4 OF 4 Page 4 of 4 952285 Hello