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HomeMy WebLinkAbout20250169.tifflL )..11)..1D ;I 11K V;I:L ,L_.. 10450 E 159th Court Phone: (303) 637-0344 Brighton, CO 80602 Fax: (303)637-0423 April 19, 2024 RE: Conditional Will -Serve Letter for various Parcels in the Rule project ACM ALF VIII JV SUB I LLC: ACM ALF VIII JV SUB I LLC is the owner of several parcels totaling approximately 521 acres included in an application for a change in zoning (the "Owner") in Weld County, Colorado (the "Property"). The Property is generally located north of WCR 2, south of WCR 6 and between WCR 21 and WCR 23/Brighton Ditch in Weld County, Colorado. The Property is located within the service area of Todd Creek Village Metropolitan District ("TCVMD" or the "District"). It is the understanding of TCVMD that the Owner may develop certain sites within the Property (the "Site") and seek Service (as defined below) to the Site. Therefore, the Site is the subject of this Conditional Will -Serve Letter from TCVMD. TCVMD is willing and able to provide potable and non -potable water service and sanitary sewer service to the Site (the "Service") for either residential or commercial uses subject to the following conditions, which shall be conditions precedent to any obligation on the part of TCVMD to provide such Service: 1. The Owner shall pay TCVMD's then current water and sewer tap fees and all other applicable fees, rates, tolls and charges imposed pursuant to TCVMD's then current Rules and Regulations, as may be amended from time -to -time. 2. The Owner shall dedicate all groundwater rights to the District as outlined in TCVMD's Rules & Regulations at such time the District requires. 3. The Owner shall design, construct, acquire easements and install any and all infrastructure required or deemed necessary by TCVMD to provide Service to the Site (including but not limited to: service taps, service lines, mainlines or any other improvements and facilities required, including any permits or improvements required by Weld County or Adams County). The Owner shall design all such Owner -installed infrastructure according TCVMD's design standards and in accordance with TCVMD's Rules and Regulations, in place at such time as the design is completed. The Owner shall reimburse TCVMD for any and all costs the District incurs related to its review of the infrastructure design, construction and installation, including reimbursement of its engineering, legal and other consultant fees. 4. The Owner will be required to pay a pro -rata share for any off -site capital improvements deemed necessary by TCVMD to provide Service to the Site including, but not limited to, water storage tanks, pipelines, reservoir improvements, pumps, water treatment plant or upgrades needed to any other District infrastructure. 5. TCVMD will provide the Owner with non -monetary assistance in the acquisition of easements necessary to provide for offsite infrastructure to allow TCVMD to provide Service to the Site. In addition, TCVMD will provide the terms of, and administer, reimbursement or cost recovery agreements related to the installation or upsizing of offsite facilities or infrastructure designed and constructed by the Owner benefiting future development receiving service from TVCMD. The standard life span of such reimbursement agreements is fifteen years. 6. The Service will be provided to the Site, subject to and conditioned upon, compliance with the District's policies and Rules and Regulations as may be amended from time -to -time and the payment of all applicable fees, rates, tolls and charges imposed thereunder. This commitment shall run only to the Site and shall not be transferrable or assignable in any manner whatsoever. This Conditional Will -Serve Letter shall not be effective until the Owner executes a Tap Purchase Agreement with TCVMD indicating the Owner's willingness to be bound by the terms set forth therein. If as the Owner's representative, there are any follow-up questions or concerns, please do not hesitate to contact me. Todd Creek Village,Metropolitan District Don Summers General Manager, Todd Creek Village Metropolitan District cc: Blair Dickhoner, District Counsel Todd Creek Village Metropolitan District - Board of Directors Hello