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DECLARATION OF COVENANT AND RESTRICTION JEFFERSON COUNTY, Colorado
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THIS DECLARATION OF COVENANT AND RESTRICTION (this "Covenant") is made 1,5
CP
and entered into as of the '3 day of U?_0 by and among the
CITY OF WHEAT RIDGE, COLORADO, a home rule municipal corporation (the "City"), and
RIVERSIDE TERRACE, LLC, a Colorado limited liability company (the "Developer"), together
referred to as the "Parties."
RECITALS
1. The Developer is the owner of certain real property located in the City of Wheat
Ridge, which is more particularly described in Exhibit A and made a part hereof (the "Property"),
commonly known as Quail Run.
2. The Developer intends to develop the Property as a townhome and single-family
development, subject to that certain subdivision for the Project titled Quail Run Final Plat and
subject to the Quail Run Planned Residential Development Specific Development Plan, both
recorded with the Jefferson County Clerk and Recorder under reception numbers
�0208Or 13 and 7020 flON 13r�, respectively.
3. The City and Developer executed a Subdivision Improvement Agreement, dated
3 Tuvn!narH Zo'LO and recorded with the Jefferson County Clerk and Recorder
under Reception No. eZ0V00 !J l3`) (the "SIA").
4. The SIA outlines the obligations of the Developer relative the construction of Public
Improvements and other on-site horizontal infrastructure, and outlines the required timing and
phasing of those improvements in relation to the issuance of permits and certificates of
occupancy. The SIA requires the Developer to execute and record this Covenant.
5. Pursuant to the SIA, the obligations of the Developer are proposed to be completed
according to Exhibit C of the SIA.
6. The Project is not developable unless and until the Public Improvements and other
on-site horizontal infrastructure is installed as required by the SIA, and it is the City's obligation to
protect future lot owners from purchasing undevelopable lots.
7. The Parties agree that such. protection shall take the form of this Covenant,
execution and recording of which shall take place simultaneously with recording of the SIA.
NOW, THEREFORE in consideration of the above recitals, which are fully incorporated
herein by this reference, the delivery, receipt and sufficiency of which are acknowledged, the
Parties agree as follows:
COVENANT AND RESTRICTION
1 The entirety of the Property is hereby declared to be the "Burdened Property."
2. Imposition of Restriction. The Developer and its heirs, successors and assigns,
hereby covenant and agree that the Burdened Property shall be subject to the following restriction:
No sale of any individual lot or any collection of individual lots which do not
equal the entirety of the Property as described in Exhibit A may occur until
such time as the Public Improvements and on-site horizontal improvements as
required by the SIA are complete and accepted by the City. This does not
prohibit the sale of the entire Property in a bulk sale of all lots and tracts to a
single third party.
3. Burdens Run with Land. Developer declares that this Covenant shall pass with
and burden each and every tract, lot, and parcel of land within and which is a part of the Burdened
Property, and shall apply to and be binding upon the heirs, successors in interest and assigns of
the Developer and any owner hereafter of said tracts, lots and parcels, and shall run with the land
at law and in equity. Each person acquiring any interest in the Burdened Property shall be
deemed for all purposes to have assented and agreed, as an essential condition of any
conveyance to it, to the provisions of this Covenant, to have agreed to comply with this Covenant
and to have waived any right to challenge or contest the provisions hereof except as permitted
herein. The benefits and burdens of this Covenant shall be perpetual unless released by written
instrument executed by the City, acting in its sole but reasonable discretion upon a written request
by the Developer or any successor.
4. Termination. The burden of this Covenant shall terminate for each Phase upon
the City's acceptance of the Public Improvements and on-site horizontal infrastructure required
for each Phase pursuant to the SIA.
5. Enforcement. The benefited party herein shall be the City. The rights, duties and
obligations contained in this Covenant may be enforced by the filing of an appropriate action in
law or in equity in the District Court for Jefferson County, Colorado whose jurisdiction over this
Covenant is hereby acknowledged. Such action and remedies may include, but is not limited to
specific performance, mandatory injunction, damages, forfeiture or other relief. In the event of
any litigation under this Covenant, the court shall award reasonable attorneys' fees and costs to
the prevailing party.
6. Governing Law. This Covenant shall be governed and construed in accordance
with the laws of the state of Colorado. Venue and jurisdiction for any action arising under this
Covenant shall be property and exclusive in the District Court for Jefferson County, Colorado.
7. Entire Agreement. This Covenant shall constitute.the whole agreement between
the Parties on the subjects contained herein, and no additional or different oral representation,
promise or agreement shall be binding on the Parties with respect to the subject matter of this
Covenant.
8. No Waiver. No provision of this Covenant may be waived except by written
instrument signed by the Party to be charged with such waiver. Failure of any Party to this
Covenant to enforce any provision of this Covenant shall not constitute a waiver of such provision,
and no waiver by any Party to this Covenant, or of any provision of this Covenant, shall be
constitute a waiver of any other provision or of the same provision.
9. Recording. This Covenant shall be recorded simultaneously with the SIA for the
Property and shall be filed for record with the Office of the Jefferson County Clerk & Recorder.
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IN WITNESS WHEREOF, the Parties have executed this Covenant on the dates set forth
below, intending that it be valid and effective from and after the date of such execution and
recording.
ATTEST:
City Clerk
MINIM
Gerard Dahl, City Attorney
CITY OF WHEAT RIDGE, COLORADO
Bud Starker, Mayor
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DEVELOP R
By:
Name:
Title.-Jc4,d4 Ut(.� iJ SIL• -tet j
STATE OF COLORADO )
COUNTY OF ko SS.
The foregoing instrument was acknowledged before me this `'?' day of
&jULw &C , 20 /T , by ,)a ZA,, 0 ' j'p IVA as
jadq / Q/jC& A�ar46 if Wonderland Homes.
Witness my hand and official seal.
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My commission expires:
(SEAL)
Notary Ic
El
ElERIN JANEAN MOORE k
NOTARY PUBLIC - STATE OF COLORADO
My Identification # 20164001010
Expires January 11, 2020
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EXHIBIT A
Legal Description of the Property
QUAIL RUN FINAL PLAT, CITY OF WHEAT RIDGE, COUNTY OF JEFFERSON,
STATE OF COLORADO
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