HomeMy WebLinkAboutLegacy - Development Covenant Agreement - Dec 20251111111111111111111111 lilt 111111111111111111111111111111111111111 O $0.00
2025079702
12/10/2025 11:39:56 AM 19 Page(s)
JEFFERSON COUNTY, Colorado
DEVELOPMENT COVENANT AGREEMENT
THIS DEVELOPMENT COVENANT AGREEMENT is made as of
the 54 " day of Dece v-%W , 2025 by and between the CITY OF WHEAT
RIDGE, COLORADO, a home rule municipal corporation (the "City"),
SISTERS OF CHARITY OF LEAVENWORTH HEALTH SYSTEMS, INC., a
Kansas non-profit corporation, (the "Subdivider"), and THE LLC, LLC, a Colorado
Limited Liability Company, (the "Developer"), together referred to as the "Parties".
RECITALS
A. The Subdivider 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").
B. The City of Wheat Ridge approved a subdivision plat for the Property titled
"Legacy Filing No.1" on Vecawlw,( S 1 2o2T , 2025 (the "Final Plat"). A
copy is attached hereto as Exhibit B, and incorporated herein.
C. The Wheat Ridge Code of Laws requires Public Improvements in
association with approved subdivisions, and right-of-way dedications for such
improvements are provided on the Final Plat.
D. The Final Plat establishes Lots 1, 2, and 3. The Subdivider intends to sell
Lot 3 to the Developer and retain ownership of Lots 1 and 2.
E. The Subdivider and Developer have agreed that the Developer will be
responsible for the final design and installation of all Public Improvements, as
described in Paragraph 3 of this Agreement, required for the entirety of the
Property as required by the Code of Laws. These Public Improvements are subject
to review and approval of civil construction plans by the City, herein referred to as
the "Final Plans."
F. This Agreement is required under Section 26-418 of the Code of Laws, and
the Parties understand and agree that the intent of this Agreement is to establish
the obligations and expectations for future development of the Property in
accordance with the Final Plans.
AGREEMENT
NOW, therefore, in consideration of the mutual promises, covenants and
agreements of the Parties, the approval of the Final Plat by the City, the dedication
of certain land and/or easements to the City and other good and valuable
consideration, the receipt and sufficiency which is acknowledged and confessed,
the Parties hereto agree as follows:
1. Compliance with Final Plans: The entity which develops the Property
consistent with the Final Plans, whether it be Developer or any successors and
assigns, shall be required to comply with all applicable sections of the Wheat Ridge
Code of Laws. The Developer shall also furnish all financial guarantees for
development of the Property as required by Section 26-418 of the Code of Laws.
2. Developer Obligations: The terms of this Agreement shall be a covenant
running with the Property and shall remain in full force and shall bind the Property
and the successor and assigns of the Parties until such time as the Developer
executes a Subdivision Improvement Agreement or Public Improvement
Agreement, whichever is applicable, (herein referred to as "Future Agreement") in
preparation for development of the Property. The executed Future Agreement shall
replace this Agreement in its entirety and shall bind the Developer to complete all
required on- and off -site Public Improvements as shown on the Final Plans as
approved by the City of Wheat Ridge Community Development Director.
3. Public Improvement Requirements: The Public Improvement requirements
applicable to the Property, in addition to all standards and requirements in the then -
current version of Chapter 26 of the City's Code of Laws, include but are not limited
to:
• Improvements to the on -site roadways including continuous sidewalks,
bicycle lanes, crosswalks, lighting, street trees, on -street parking, and
drainage improvements.
• Improvements to the W. 32nd Avenue frontage including: 6-foot detached
sidewalk, 6-foot landscaped amenity zone, street widening as applicable to
accommodate a 6-foot bicycle lane, protected pedestrian crossing to the
south side of W. 32"d Avenue, street and pedestrian lighting, irrigation, and
relocation of existing improvements as necessary. Utility undergrounding
may be required on this frontage based on a final scope of work and quote
from Xcel, at the Community Development Director's discretion.
• Improvements to the W. 38th Avenue frontage including: continuous 8-foot
detached sidewalk, minimum 6-foot landscaped amenity zone,
reconstruction or reconfiguration of traffic and bus lanes in W. 38th Avenue
as determined by future traffic studies and review of the Final Plans, street
and pedestrian lighting, irrigation, and relocation of existing improvements
as necessary.
• Improvements to the Dudley Street frontage including: 6-foot detached
sidewalk, 6-foot landscaped amenity zone, street widening to accommodate
on -street parking, street lighting, and irrigation. This shall include a
connection to the existing sidewalk to the north of the Property, along the
existing church property. This shall also include pedestrian crossings to the
west side of Dudley Street from the Property at 34th and 35th Avenues.
• Pedestrian and bicycle trail connection from the Property to the intersection
of W. 35th Avenue and Allison Street.
-2-
Additional Public Improvements may be required based on traffic analysis of
proposed future developments to be documented in Future Agreements.
4. Subdivider Obligation. The Subdivider shall cooperate in good faith with the
Developer and the City to facilitate the timely design and installation of the Public
Improvements. Such cooperation shall include executing or providing any
necessary permanent easements, temporary construction easements, right-of-
way dedications, and access permissions reasonably required for the construction
of the Public Improvements, or similar documents. The Subdivider shall refrain
from any actions that would unreasonably delay or hinder completion of the same.
The Subdivider shall not be required to bear the cost of design, construction, or
financial guarantees for the Public Improvements unless the Subdivider assumes
the role of Developer under this Agreement.
5. Sale of Property: No future sale of individual lots 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 a Future Agreement has been executed.
This paragraph shall not prevent the Subdivider from conveying Lot 3 to the
Developer.
6. Issuance of Building Permits: The City shall not issue any building permit
for Lot 3 within the Property until an approved Future Agreement has been
executed by the City and the then -owner of the Property. Upon execution of such
Future Agreement, building permits for individual lots may be issued by the City
conditioned upon compliance with all terms listed in the Future Agreement.
7. Fees Associated with Development of Property: All building permit fees,
park land dedication fees, review fees and security for construction of on- and off -
site Public Improvements shall be paid by the Developer as executor of the Future
Agreement. The Subdivider shall not be responsible for the payment of such fees
unless the Subdivider executes the Future Agreement as the Property Developer.
8. Improvements to Property: No site work shall be performed on the Property
until a signed Future Agreement has been executed and the proper permits for the
same have been issued by the City. For the purposes of this paragraph, "site work"
is defined as any grading, clearing, excavating or depositing of materials in
conjunction with site development consistent with the approved Final Plans.
Nothing in this paragraph shall prevent the demolition or deconstruction of any
existing structures or the general maintenance of the Property, provided proper
permits are issued by the City. Additionally, nothing in this paragraph shall prohibit
at -risk preliminary overlot grading and demolition of existing vacant parking areas,
provided proper permits are issued by the City and applicable State agencies;
existing trees shall not be removed prior to review and approval of the applicable
Concept Plan and tree canopy survey for the Property.
-3-
9. Recording: This Agreement shall be filed for record with the Jefferson
County Clerk and Recorder, the fees for which shall be paid by the Developer.
-4-
CITY OF WHEAT RIDGE, COLORADO
By:
Kor6y Stites, Mayor
ATTEST:
Margy Gk4r,8r. Deputy City Clerk
-5-
SUBDIVIDER
SISTERS OF CHARITY OF
LEAVENWORTH HEALTH SYSTEMS,
INC., A Kansas non-profit corporation
By:
f
Name:
Title: ^v e
L4 4-q h
STATE OF C'O'CORAOCY )
COUNTY OF 541+ L_ q k e- SS.
The foregoing instrument was acknowledged before me this yrh day of
Qt, QXobw , 20 1G , by BWn It I peal , as
W R W � S f U I of Sisters of Charity of Leavenworth Health
Systems, Inc., a Kansas non-profit corporation.
Witness my hand and official seal.
My commission expires: AuQ�it , ti ti�
(SEAL)
r.IL";�V( "'�'
Notary ubl'
may, r�
„
DANA KAYLN BURNS
Notary Public • State of Utah
Comm. No. 744478
F
My Commission Expires on
Aug 8, 2029
i�
DEVELOPER
THE LLC, LLC, a Colorado Limited
STATE OF COLORADO )
SS.
COUNTY OF Pira !Pa.At9.- )
The foregoing instrument was acknowledged before me this 1 St day of
17e c k r 6 Q c , 20 a5 , by
, as
Chc ► <Ao�1n e f E I I i utt of The LLC, LLC, a Colorado Limited Liability
Company.
Witness my hand and official seal.
My commission expires: 10 - a 9 - a o a l�
SARAH EJZABET'H HUNSCHE
HMS PUBW
STATE OF COtD W
NOMAHY Df 202440 109
W COMM" EXPRES 100 M
(SEAL)
-7-
EXHIBIT A
Legal Description of the Property
LEGACY FILING NO. 1, CITY OF WHEAT RIDGE, COUNTY OF JEFFERSON,
STATE OF COLORADO
EXHIBIT B
Final Plat
(see attached)
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