Loading...
HomeMy WebLinkAboutRivas Minor Subdivision Declaration of Covenant and RestrictionR su .00 2024018466 04I04/2024 64A4:10 PM 7 Page(s) JEFFERSON COUNW, Colorado DECLARATION OF COVENANT AND RESTRICTION THIS DECLARATION OF COVENANT AND RESTRICTION (this "Covenant") is made and entered into as of the 114"'day of moo-c"n , Z014- by and among the CITY OF WHEAT RIDGE, COLORADO, a home rule municipal corporation (the "City"), and Mary Rivas (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 2816 Teller Street. 2. The Developer intends to develop the Property as a two -lot, single -unit housing development, subject to that certain Subdivision Plat for the Project titled Rivas Minor Subdivision recorded with the Jefferson County Clerk and Recorder under reception number 3. The City and Developer executed a Subdivision Improvement Agreement, dated MGcCLI Zqr Zot4 and recorded with the Jefferson County Clerk and Recorder under Reception No. 2c,,3� Ci 1 W(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 in one phase as shown in Exhibit B. 6. The Project is not developable unless and until the Public Improvements and other on -site horizontal infrastructure is installed, 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 for the respective Phase and as required by the SIA are complete and accepted by the City. 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 airy -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. 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. 0 CITY OF WHEAT RIDGE, COLORADO By: ( 111 Af ry Bud Starker, Mayor ATTEST: Steve Kirkpatrick, City Clerk IWE Dahl, City Attorney` DEVELOPER Mary Rivas . t5y: Name: M#VRivas Title: Owner STATE OF COLORADO ) SS. COUNTY OFw`/ ) The foregoing instrument was acknowledged before me this Zo day of �vy�c 20 by 0as of Witness my hand and official seal. My commission expires: F Jesus Gutierrez ARY PUBLIC OF COLORADO ID 20214000642 EXPIRES JANUARY 6, 2025 (SEAL) Cl EXHIBIT A Legal Description of the Property LOT 1 AND LOT 2, RIVAS MINOR SUBDIVISION, CITY OF WHEAT RIDGE, COUNTY OF JEFFERSON, STATE OF COLORADO 5 =:/:11=311i=? Phasing Plan for Public and On -Site Improvements The Public Improvements for the property shall be installed in one phase as outlined below: • No building permits shall be issued prior to: o Recordation of the plat o Recordation of this Agreement o Payment of Streetscape Fee In Lieu of Teller Street in the amount of $12,630.42 o Performance Guarantee in the form of an irrevocable letter of credit shall be accepted by the City based on the cost estimate as outlined in the Agreement. o Public Improvement cost estimate — An itemized cost estimate for the Public Improvements within the ROW. o Approval of Floodplain Permit o Approval of Civil Construction Drawings and Drainage Letter The required Public Improvements include: o Widening of Teller Street asphalt by 4' (6" thick) o Extended crosswalk at northern lot o Water quality, detention, and/or drainage facilities based on WR Site Drainage Requirements, if required o Undergrounding of overhead utility service lines • Lots may not be sold individually until Public Improvements are complete and accepted by the City. • Public Improvements shall be completed and accepted by the City prior to the first Certificate of Occupancy or in advance of the first building permit, subject to site work and ROW permit requirements below. • A site work permit and ROW permit may be issued for Public Improvements in advance of building permit subject to the following: o Recordation of the plat o Recordation of this Agreement o The irrevocable letter of credit shall be provided and accepted by the City. o Approval of civil construction documents o Approval of drainage letter o Approval of Floodplain Permit • Prior to issuance of each permit, the following shall be provided: o Payment of the City of Wheat Ridge building use tax o Payment of building permit and plan review fees o Floodplain permit required for each associated permit A • Exception to the above requirements: o Installation of landscaping, street trees, and irrigation is not required prior to Certificate of Occupancy of issuance of C.O. occurs outside of the planting season, generally October to June. Refer to Section 12 of this Agreement. [Remainder of Page Intentionally Left Blank] 7