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HomeMy WebLinkAbout750772.tiff SUBDIVISION AGREEMENT / Auto. THIS AGREEMENT, made and entered into this leth day of iruary, 1975 by and between the Count of Weld, Colorado, hereinafter called "County", and Eciwasrci E. hene%r hereinafter called "Subdivider". WITNESSETH: WHEREAS, Subdivider is the owner of the following described p o erty in ttie County of Weld, C lorado: �g.-4 nit 7-tim,ii,a �`��,��65 tOe.s o 6 /ih� tk �J F/^ WHEREAS, a final} p at of said property, known as �evbevq�J Subdivision has bg�en submi/ted to the County for approval; and WHEREAS, it is provided by resolution of the Board of County Commissioners, County of Weld, that no final plat shall be approved unless the subdivider shall have entered into a written agreement with the County to install certain improvements; NOW, THEREFORE, in cor__:`_deration of the foregoing and the acceptance and approval of said final plat, the parties hereto promise, covenant, and agree as follows: 1. Engineering Services: Subdivider shall furnish, at its own expense all enginerring services in connection with the design and construction of the subdivision improvements described and detailed on Exhibit "A", attached hereto and made a part hereof. 1. 1 Said engineering services shall be performed by a Registered Professional Engineer and Land Surveyor in the State of Colorado and shall conform to the standards and criteria for public works as established by the County. 1. 2 Said engineering services shall consist of, but not be limited to, surveys, designs, plans and profiles, estimates, construction supervision, and furnishing necessary material to the County. 1. 3 Subdivider shall furnish drawings and estimates to the County for approval prior to the letting of any con- struction contract. Before acceptance of the installed improvements, Subdivider shall furnish one set of repro- ducible "as-built" drawings and a final statement of construction cost,to the County. - 1 - 750772 of said construction, 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's fees, incurred by County in defending such suit, action, or claim. All contractors and other employees engaged in construction of the improvements shall maintain adequate workmen's compensation insurance and public liability in- surance coverage. And shall operate in strict accordance with "Occupational Safety and Health Act, " and/or any regulations imposed by the Industrial Commission of the State of Colorado. 5. Acceptance: Upon completion of said construction according to the terms of this agreement, the improvements shall be accepted by the County after written approval is received by it from its duly authorized inspecting agent. Upon such acceptance of subdivision, all assignable improvements shall automatically become public facilities and the property of the County. 5. 1 If desired by the County, portions of the improvements may be placed in service when completed, but such use and operation shall not constitute an acceptance of said portions. 5. 2 The County may, at its option, issue building permits for construction on lots for which the subdivision improvements detailed herein have been started but not completed, and may continue to issue building permits so long as the progress of work on the subdivision improvements throughout the develop- ment is satisfactory to the County; and all terms of this agree- ment have been faithfully kept by Subdivider. 6. Maintenance: During a period of one year from and after the final acceptance of the subdivision improvements, the Subdivider shall, at its own expense, make all needed —pairs or replacements due to de- fective materials or workmanship which, in the opinion of the County, shall become necessary. If, within ten days after Subdivider's receipt of written notice from the County requesting such repairs or replace- ments, the Subdivider shall not have undertaken with due diligence to make the same, the County may make such repairs or replacements at the Subdivider's expense. In the case of any emergency, such written notice may be waived. 7. Subdivider shall furnish to the Board of County Commissioners as a guarantee of compliance with this agreement: 1) Cash escrow deposit, or 2) Bank letter of credit, or 3) "Sub Division Bond" issued by surety company authorized to do business in the State of Colorado, or 4) Demand Note signed by qualified obligors acceptable to the Board of County Com- missioners. Amount of any of the above guarantees shall be set by the Board of County Commissioners and amount of guarantee may be adjusted as portions of work are completed and accepted. 8. Successors and Assigns: This agreement shall be binding upon the heirs, executors, personal representatives, successors, and assigns of the Subdivider 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. - 3 - 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 WELD COUNTY, COLORADO ifffiv ATTEST: ` CJ,erk of the Boafd AP, D AS T ORM: ty Attorney kV .� ) k Y ivij (Subdivider) By: £ ttr71.t/t (Title) ATTEST: _ (Title) 3- s / -' 7s - 4 - i CO .Ii 0 � z I 99- I I I I — -- oN ZI II , I O I I I II O k) , ! , A H W o \ U U _ LL. v �`3� 70 I LL ��\\\ W IW O wl I d I c/y W \t, \ O x u .M c r. . is i � F W at b t. co W F c 0 q rig a. < Q m v O0 :4 w y t, :c E-4 kJ h W o W wal e n U F W '� -4,7; j ° ai a <0 O O A 'La U = A > 0 " 'o A I c b r-• o5 a o "- z u W C. cG I U 5 W : a (n z c..) u I d 2 I ix W > 7v SUBDIVISION IMPROVEMENTS AGREEMENT EXHIBIT "A" Date : Su 3 / /flt Name of Su ' vision : Location : A ktV 2 'C6 6SUJ — Intending to be legally bound , the undersigned subdivider hereby agrees to provide throughout this subdivision and as shown on the subdivision plat of , dated , 19 , the following county improvements . (Leave spaces blank where they do not apply) Estimated Construction Unit Construction Completion Improvements Cost Cost Cost � I ,2 Street grading Op I Street base o nL= I Street paving 4co si Curbs , gutters & culverts ' Sidewalks Storm Sewer facilities Retention ponds Ditch improvements Sub-surface drainage Sanitary sewers Trunk & forced lines Mains Laterals (house conn) On-site Sewage facilities On-site Water supply & storage Water mains Fire hydrants Survey & street monuments & boxes Street lighting Street name signs Fencing requirements Landscape proposal Park improvements SUB TOTAL eln co Supervision Cost Engineering Costs ( testing , inspection , as=built plans and work in addition to preliminary and Final . Plat) c'c, TOTAL ESTIMATED COST OF IMPROVEMENTS AND SUPERVISION $SCIC' SUBDIVISION IMPROVEMENTS AGREEMENT EXHIBIT "A" (continued) 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 it' s duly authorized agent. The improvements shall be constructed in accordance with the time schedules shown above. et 1S -1,0 0 div1 er ( If corporation , to be signed by President and attested to by Secretary , together with the • corporate seal . )•"Dated : /%-fre--4.. Z // , 19 7c,r ACCEPTANCE Approved by resolution of the at the meeting of , 19_. THE BOARD OF COUNTY COMMISSIONERS WELD COUNTY , COLORADO �N - ATTEST: / l , "— ski,-,tee, < Clerk to the Board . By ` / . Deputy County Clerk L �ilCh �� �Zc.� �I APPROVE S TO F RM:C_ Count �ney Fagerberg Subdivision Assessors Valuation in this area as of 4-17-75 Assessed Value Actual Value $2250. 00 per acre raw land $ 675 .00 Acutal Value $4500 . 00 per acre with streets and utilities $1350 . 00 Actual Value $9000. 00 per acre fully developed $2700 . 00 Lot 4 asking price $5000. as of 4-17-75 Lot 4 sized 1 . 2 acres m/1 equals $4166 . 67 round to $4170 .00 Less 6% Commission = $3919. 80 round to $3920 .00 Less 50% to develop (streets , water , sewer , interest , hearings , survey etc. ) = $1960. 00 per acre .21 acres equals $411 . 60 round to $410. 00 Formula for Required Land Dedication Required Acreage = RA EP Expected Population =EP RA =1000 X 10 . 5 6 proposed lots X3 .4 average inhabitants = 20. 4 E .P. R.A. = . 21 acres • Amount of Note $800 . 00 Greeley, Colorado March 31 19 75 On demand after date for value received, the undersigned promises to pay to the order of the Board of County Commissioners, Weld County, Colorado, the sum of Eight hundred Dollars• ( $800. 00 ) with interest at ten percent (10%) per year from date of demand until paid. This note is given for the purpose of securing the Board of County Commissioners, Weld County, Colorado, against a contingent liability by reason of said Board of Commissioners, Weld County, Colorado, granting subdivision rights to one or more of the undersigned within the County of Weld, Colorado, as outlined in Sub- division Agreement dated March 31 , 1975 , and guaranteeing installation of certain improvements in said subdivision by Mich 31 1977 Amount of note shall be conditioned by damages which the Board of County Commissioners shall suffer by failure of undersigned to perform under said agree- ment. Upon final acceptance of said improvements by the Board of County Commissioners, Weld County, Colorado, this obligation shall be void; otherwise to remain in full force and effect. The makers, endorsers, sureties, guarantors and assignors of this note severally waive demand, presentment for payment, protest and notice of protest and of non- payment, and agree and consent to any extensions of time of payment, without notice, by the holder on request of any of them. It is also stipulated that should this note be collected by an attorney after maturity or in case of default (whether by suit or otherwise) ten percent (10%), additional on amount due shall be allowed the holder as attorney fees. If the improvements as shown have not been constructed by the stated completion time, the Board of County Commissioners, at its option, may re-negotiate the note amount to reflect change in construction cost and the amount of improvement construction completed. NOTE: APPROVED FINANCIAL STATEMENT MUST BE ATTACHED. Cr tyt1,i l .1' L Accepted by the Board of County Commissioners, Weld County, Colorado, this day of 19 THE BOARD OF COUNTY COMMISSIONERS ATTEST: WELD COUNTY, COLORADO Clerk of the Board Deputy County Clerk , • APPROVED AS TdFORM;- CouncyAL corney Hello