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Home My WebLink About2nd Amend Improvement agrmntR $26.00 111111 IIIA 11111 VIII VIII VIII VIII Illli VIII 111111111 IIII p $0 , 0 2011116706 1212312011 12.00.29 PM 4 Page (s) SUBRGR Jefferson County, Colorado SECOND AMENDMENT TOWN CENTER NORTH SUBDIVISION P"ROVEMENTS AGREEMENT bpi City of Wheat Ridge, Colorado — a home rule municipal corporation (the "City") Wheat Ridge Urban Renewal Authority — doing business as Renewal Wheat Ridge, a body corporate and politic of the State of Colorado (the "Developer") THIS SECOND AMENDMENT TO THE SUBDIVISION IMPROVEMENTS AGREEMENT is made this 23`d day of December, 2011, by and between the City and the Developer, together referred to as the Parties. RECITALS A. The City Council of the City of Wheat Ridge, following public hearings on September 26`x, 2011, approved the Town Center North Final Plat and Subdivision Improvements Agreement, such Final Plat being recorded at Reception No. 2011100989 on November 7, 2011 with the Jefferson County Clerk and Recorder's Office and the Subdivision Improvements Agreement being recorded with the Jefferson County Clerk and Recorder's Office on November 7, 2011 at Reception No.2011100990 (the "SIA"). B. The description of the public works to be completed by the Developer was set forth and described on Exhibit C to the SIA, while Exhibit C contemplated completion of all subdivision infrastructure at a cost of $1,466,411, with a completion date of June 30, 2012. C. A First Amendment Town Center North Subdivision Improvement Agreement was recorded with the Jefferson County Clerk and Recorder's Office on December 15, 2011 at Reception No.2011113840 (the "First Amendment"). D. The Developer desires to amend the SIA (the "Second Amendment") to provide for the phased completion of Subdivision Infrastructure that will (i) serve Lot 2 Town Center North, and (ii) the balance of the remaining lots in the Town Center North, and has provided a revised Exhibit C, revising the estimate to a new total of $2,075,430, and reallocating that total Subdivision Infrastructure cost estimate to a Phase I amount of $886,094, a Phase II amount of $427,080, a Phase III amount of $347,170 and a contingency in the amount of $415,086. E. The Developer confirms the SIA to provide that upon completion of the Phase I Subdivision Infrastructure serving Lot 2 Town Center North, that the Owner of Lot 2, upon completion of its Lot 2 vertical improvements as permitted, inspected and approved by the City, shall be authorized to receive a Certificate of Occupancy for said Lot 2 improvements. F. The Developer confirms that the SIA subdivision infrastructure completion date for the Phase I improvements shall remain June 306, 2012. NOW, THEREFORE, for and in good and valuable consideration of the mutual covenants and agreements contained herein, the sufficiency of which are mutually acknowledged, the Parties hereto agree as follows: C � 1. Public Improvements=Exhibit C Descril?tion. Paragraph six entitled "Public Improvements and Warranty" and the Exhibit C entitled "Subdivision Cost Estimate" shall be amended as �• follows: a. Exhibit C. The existing Exhibit C is deleted in its entirety and replaced by the new Exhibit C attached hereto providing for (i) the Phase I description of the subdivision work serving Lot 2 in the amount of $886,094; (ii) the Phase II description of the subdivision work in the amount of $427,080, and the Phase III subdivision work (44th Avenue traffic signal) in the amount of $347,170 and a contingency in the amount of $415,086. b. Completion of Phases I. II and III. The Phase I subdivision infrastructure work shall be completed on or before June 30, 2012. This work includes: overlot grading, utility installation (storm sewer, sanitary sewer service line for Lot 2, water, gas, electric and comm), public roads with exception to the traffic signal, street signing and striping, widening of 44th Avenue for proposed deceleration and left turn lanes, water quality/detention pond, and sidewalks around the perimeter of Lots 1 and 2 where adjacent to public streets. The Phase II subdivision infrastructure work shall be completed on or before September 26, 2012. This work includes the remaining sidewalks adjacent to public streets, public landscaping, replacement of landscaping associated with the Panda King restaurant as impacted by the construction of new public streets, entry monument sign, and the public pedestrian/street lighting system. The Phase III subdivision work: the 44th Avenue / Vance Street traffic signal, shall only be commenced and completed in accordance with paragraph seven of the SIA. Lot 2 Town Center North — Satisfaction of Infrastructure Completion Sufficient to Permit Lot 2 Owner to Secure a Certificate of Occupanc%. The Owner of Lot 2 Town Center North, upon completion of the Phase I subdivision infrastructure and upon completion of Lot 2 building improvements as the same are permitted, inspected and approved by the City, shall be authorized to receive a Certificate of Occupancy for said Lot 2 improvements. 2. No Further Amendment. Except as expressly set forth in this Second Amendment dated December 23`a, 2011, the SIA dated September 26, 2011 and recorded with the Jefferson County Clerk and Recorder on November 7, 2011 at Reception No.2011100990 and the First Amendment dated December 13th, 2011 and recorded with the Jefferson County Clerk and Recorded on December 15, 2011 at Reception No. 2011113840, shall remain unamended and in full force and effect. IN WITNESS WHEREOF, the parties hereto have executed this Segregated Escrow Account Agreement as of the day and year first written above. Wheat Ridge Urban Renewal Authority dba Renewal Wheat Ridge, a body corporate and 10 r By: Name: Patrick Goff Title: Executive Director, Urban Renewal Authority City of Wheat Ridge, Cola Zlo B� Name: Tim Paranto Title: Director of Public Works Eidl* e SubdiwWoa C&AESOM E-PNU&Worhs 9eecsM Prolg4or.A®tlems Pia bgsomaaary Qeod tan! aor Asap of 44 new.3' atb mftw wae:eos+a. ;Phase i. Mae 2 Phase 3 - .. Ufa witcast cost (hit -waste an ste 213 CY $ 13 $ 3,206 $ 3.1ODAD mommm CAS 540 [F $ a $ 4329 $ 493=00 1 p-j�- US -?•yn_�1 340 LF $ i7. $ 143M $ 14,38DAD A= hmtPatch _ 608 Sr $ 77 $ 4%220 $ 49,2WA0 PawnmmTtL omkl",c SOD LF S 3 S 1.3m S 1AWAD Sored Cmmkit 380 LF S 34 S 12.920 $ 13-9-26 as irwsrsipa) S'kntm i EA 53W.Oa4 S 30%DDD $ 30BAOMM FAYLaslledSfdewatwj4':tase 2700 SF $ 6 $ 37,417 $ 17AISAD irankcan" i LS $ izm $ 3z.0DD• S 1ZA00AD ADAtam:.- 4 FA $ 1.40D $ um $ SAWAD _ Subb"$ 42a.i15 $ 10R`L'9 m $ - $ 33z,3®Dm Lrftemaf Public hfhastraohua and Upr tm St Cat -waste an Site im CY' $ 13 $ 78.DOO S mADDAD �.6_�.r.•e 1 zwo LF $ 27 $ F.%wG 3 64AMAD - SDpa".'Patch 142 SF $ 6D $ ALMA $ BROAD Favemad Lemli°: _ 3606 LF S 3 $ ia,BDD $ loA=AO - t,raeerbdom 43M SF $ D $ 2.B8D S 2AW.'DD Fhasel5dewet-WAttm aea.SbcwQ4swJ4' Gose 900D SF $ t $ SLWD $ S8JMAD - -- Phase 25dewat- SAdtadaed5wMm'wf4-bue S4a0 SF $- S $ 34,63D $ 34A30AD &:.:n.a.' Paerement 3088 SP $ 73 § 169.840 S LE9AWJW - - _ - E*wolnrmofn _ 971) _ LF $ 44 $ 4xSw S 442.SDAO Frme - v -e u 4 EA $- 3.006 $ mom S 2090DAD 8'Sarua r; maim 0 LF $ 39 $ - S Seni;ari Serwee 6D LF $ 36 $ 1.BDa $ 3„80090 - snnr " MK 1. EA S 4.SW $ L3w $ 4,SWAO I8' W7 _ 3n LF $ 46 $ 14AU $ 14448iDO . 24, mcp _ im LF $ 62 $- 6,2110 $ S,2BDAD 3D' RrP 100 LF $ 92 .$ 9,2L7D $ 9.2DDAD _ 36' FXP 620 LF $ 116. $ 71,931.7 $ 71.920AD DIOR adet _ _ 4 EA S 39DO $ 1.7.200 $ 23.1WAD -(eiMH 4 EA S 4.200 $ 166DD I $ UBODAD 3S' FS _ 2 EA S 2.= S 4000 $ 4AODAD WQPmad-i-tluaes 09erllo0.a'-,x: s,n+. i LS $ Suw $ maw $ SADDAD Electric Obobwon i LS $ L2431 $ 1%133 $ 291LUAD Gazoishitruffmr 1 LS S 17.830 $ 17:830 $ _ _ 17A30A0 _ Street l: „Y n! i LS $ 36ADD $ 34.8m $ MAMBO communimoma 1 LS S imAO $ II 0DD 5 16AWAD - ADA Rai +:,.s 22 LS S LAGO $ 3%WD S 30ADDAD Genem pmts 0.3 LS $ 35AN $ 37,300 $ 17ADOA0 Ganemcom9d s 0.23 L9 3335[ S E'mo Gamem Conditions 0.23 LS :. 3s DK 8750 8771,Ja dwoom Phase i cry"•.m LAes.aEemeot OS CS $ ia7F10D $ S1D0aPhase 2'F re ::! Mae.a=_relum 0.23 LS $102AD0 $ 27,700$ Faase3 nom.,_ Mar. arrment 0.23 LS SUWW $ 23,WD -_ $ 25.2wmD SLddo Y $ 9d9.2m S 777999 $ SA7LAW $ 34246 Umdmczo :iq and Patlataiarl .- rt.--- Subo sim LcnasmE ieadtales Detmtran i 232000 $ MOOD $ 737 OaD.aD Parlds r In: eeomw:raaa. i 68aOD $ 68,000 $ 68�Daa�00 -surrcntal 5 32DAN S - 5 32.0.00a.B+D 3 - total 5 1.660.344 S RBSJM S 4VAW 5 347.170 Z5% i.8awle" to rnra .�,'s'ssiimitr 5 475 +LAE 5 22.3S24 3 206,770 5 DFb'M 'Not. to F..Crce convict tialwt _S 2-07SAX L.lVA12 533.ase S 4I3„353