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THIS DEVELOPMENT AGREEMENT, as authorized by the SUBDIVISION REGULATIONS of
the CITY OF l-iHEAT RIDGE, is entered into this 2- day of March ,
19 73 between the City of Wheat Ridge, a Municipal Corporation, hereinafter
referred to as City, and FERGUSON CONSTRUCTION CO.
herei nafter referred to aSOwner. -,
WITNESSETH:
1. WHEREAS, the Owner is the titled Owner of a tract of land in the City of
Wheat Ridge. County of Jefferson, State of Colorado, described as follows:
Lot 14, Benjamin Subdivision
2. \mEREAS, the Owner desires to develop that tract of land as described in
Paragraph No.1, and in fact, has been issued il Building Permit to do so;
and
3. WHEREAS, curb, qutter & sidewalk on vI. 47th Pl & on Nelson
boarding that tract of land as descr1becflnP-,iragl'apllNo:-T'and the
neighboring tracts of land are incomplete and below those standards as
set out in the SUBDIVISION REGULATIONS of the City; and
4. WHEREAS, to be uniform and consistant with the existinq neiqhboring improve-
ments and completion or non-completion of those improvements as required by
SECTION FIVE: IMPROVEMEN1S of the SUBDIVISION REGULATIONS will make no
significant change at the present in those streets fronting that tract of
land as described in Paragraph No.1, and the neighboring tracts of land;
and
5. WHEREAS, in order to conform to those requirements as set out in the SUB-
DIVISION REGULATIONS of the City, this agreement is hereby determined to
be proper.
NOW, THEREFORE, IT IS HEREBY AGREED, THAT.
A. The responsibility for meeting, conforming to and providing those require-
ments as set out in the SUBDIVISION REGULATIONS of the City is hereby
recognized by Owner.
B. The Director of Public Works, upon the advice and consent of the Mayor,
shall direct the Owner or his assigns and successorS to meet those require-
ments as set out in the SUBDIVISION REGULATIONS of the City.
C. Upon receipt of such notice to furnish or construct the public improvement
as required under the SUBDIVISION REGULATIONS of the City, Owner hereby
agrees to construct and furnish at Owner's cost, SlJch improvements as are
required by the SUBDIVISION REGULATIONS of the City, and to do so in con-
formance with the jesiqn standards of the SUBDIVISION REGULATIONS of the City.
D. In the event an improvement district is created by the City to improve or
provide those requirements as set out in the SUBDIVISION REGULATIONS fur
those streets Or streets fronting that tract of land as described in
Paragraph No.1 above and the neighboring tracts of lands, the Owner or
his assigns and successors agree not to oppose its creation.
E. In the event an improvement district is created by the City to provide
the improvements as provided by the SUBDIVISION REGULATIONS, the costs
accessable against the property as described in Paragraph No.1 shall not
be disproportionate with costs accessable to other nearby and like properties,
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F, Upon execution of this DEVELOPMENT AGREEMENT hy the City and Owners, the
City wi 11 waive the immediate guarantees for publ ic improvements as set
out in the SUBDIVISION REGULATIONS of the City.
G. This agreement is executed by the Owner pursuant to the SUBDIVISION REGULA-
TIONS of the CITY OF WHE~T RIDGE.
H. The Parties hereto agree that this DEVELOPMENT AGREEMENT, by its terms,
shall be binding upon the City and the Owner, and upon the assigns and
successors thereof; and shall constitute covenants running with the described
property.
This DEVELOPMENT AGREEMENT shall be recorded with the County Clerk and Recorder.
IN WITNESS WHEREOF, the parties have set their hands and seals on the date first
shown.
RECDr'I:'IENDED 8Y:
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Works Departlllent
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APPROVED AS TO FORM:
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EXECUTED BY OWNER:
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EXECUTED BY CITY~.
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Mayor ;
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ATTESTED TO BY:
City Clerk
STATE OF COLORADO )
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COUNTY OF JEFFERSON )
The foregoing instrument was executed before me this S ~
^^A~CW ,197e_, by::ro.mes"t:>. ~r3u:;,cl".
day of
r1y Commission EXPires:_~J ~(.,.jI%o
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Notary Publ ic .(j.,."
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~ ;_ ".. <. THIS DEED Made thIS 2nd
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; Cc'JI ,-cj _I~,__-t
day of May
RECORDER'S STAMP
1977 ,between Hobb Street Investmi nts q partnership
of two corporations of the
County of Jefr"r'un and State of Colo-
rado, of the first part, and Ferguson I'onstruction Co.
10210 W. 26th Ave., #5, Lakf'wuod, Colo.t,80?lc; , d d
a cOJ'poralun uq(UTI1Ze an
3005 497
existing under and by virtue of tho law3 uf the StaLL' 'Jf I.... () lorado
of the second part:
WITNESSETH, That the said part j C ~ of the first part, for and in consideration of the sum of
Thirteen Thousand Seven }!it!.clrt.j, ::j,xty I'<r. NOjlOO--------------------______ DOLLARS
to the said partl~.s of the first pii"!:t in hand paid by t!J(~ :lid varty of thl; ~~l'c,!/](l part, the I'l'ceipt whpreof hi
hereby confessed and 81'knowledg-ed, h..iVI_' grallted, uarvajIlt~d, sold and conveyed, and by tlwse presents do
grant, barg-ain, sell, l'onvey and confirm, unto tlll' said party of the sC"cond part, its SUC(;cSSOrs and aSSlgllS forl'ver,
all of the following described lot:, iiI' parl'el of land, sltuat(', lying' and bt'ing' in the
County of ~Teffl'r~,OlJ and Stat(~ of CU\lJrado, to wit
Lot,; ] Lf and 15, PENJA~TN SUHJlVL3ION, ACLordirw to th,~ ['11'orded
-plat tbereof', U1nlt, uf JI-:::,fLt r::--;oTJ, I--:t.ate 01 CoJ.ocudu.
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11'(~':-3'l NeJson (Lot 1)1)
~75'l-65 Nelson (Lot ]5)
~ ~ TOG ETII lei: WJth ,tll ,llld '"Il!ltI,lI the 1"'1,'Jltanll'llts Hnd appurtenances thereunto belonv,illg- or in anywise
~ ~ ~ I appertaining, and the r<,version and lever ;JOns, 1 cnl'llllder and remaindel S, rents, issues and profits thereof; and all
'E 522 j ,. the .~~tate, flght, tItle, Interest, claim and demand \\ hatsll(lVl'r nf the said part t t _") of the first part, either in law
QJ 0>' ~..( or f:quity, of, in and to the hbove barg~1wt:d 11lc>m ses, With tIll' heredltampnts and appurtenances. I
~ ...""""'" i') :1'0 HAVE AND TO HOLD tht' salt: fll emb\'s ahuv(' barg-aincd and descrIbed, wlth the appurtenuucc:::i, unto the II
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11,) >- l' said party of thE second part, its SUU'CS::..Ul s und aSSIgns fore.ver And the said partleS of the first part, for
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,Cl ::'E ID': . hem selves, hell'S, ('xl'cutor~, ~\'llt uf'Tmnistrators, do cuvenant, grant, bargain and agree to and with I
.!I! ~l! I ~ the said party of the second part. It, S\lel'essors am! a"siKns, that ut the time of the enseahng- und delivery of I
t go'} these presents, are: well :wlz(,d Clf tht' premises al)(JVc conveyed, us of Rood, sure, pl'rfect, absolute and I
S,.~~~, indefeasible estate of mheritancl', In I.IW, III fee "Imple, and ha Vie g-ood right, full power und i,lwful authority to i I
grant,.):>argalll. sell UJJd eanvpy the S'"l< .n manner an,l fOl1l1 as af'!lc',,"d, and llt.ll tIle '"IJl1P all' fl"" and clear from II
M aIt'"ffumer and other granb" ba!yains, ;b.lt~s. 1if~ns, taxes, aS~1L's~;ml'Jlt.:-; il.nd t'l1t'lllnhraJ1CeS vf whatcvC'r kind or nature I
soever,except real "s'tat". "'J,' " 1'01' thE' {ear 19Ti and sub~e'luent years. Subject
to any and u.11 ('ase]flerr'~:=, c t rLctj,oY1S, rLgbts u1' way, anti prot Ic:cti ve cuvenants
of record.
Knm'lY1 and llwnbeor, i a,~:
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[! I, ;;11~ -the above barg-ained premises L'1 the quiet awl peaceful possession of lite "aid party of the second
. :".tr'~~LJ.r~...:.i.'~()f.....; and assigll~~, again;;t all anl! n 1'1':" person or pprSfll1S lawfully cl::linllllJ'" or to c.laim tlw wholp ul
jr,'-thereof. tlii' $aid partj e~of the first part shaIi alld will WAIU,ANT AND FOlmVER DEFEND
I r. . IN '\V'l~NESS \\ HEREOF. The said parti(> S of thl' first part ha ve hereunto set t ht.' ir hand S
("I . ,RI" and s~~I-i' ' the day and year first above writteJl, ROBE Sl'Rf:!,: l' INV},S fMEN r~, 0. partnersh
~ . ,. i ...,~:: C" B,y: F'erg'J.5011 C'g'W3tru,ctJ,on CQ., a Co:).,
,'\ II' . '" " ~" {"I ..I,I.,.Q~j:lOratl n
, . ,- Slgn')A',: ",ouled and DplIvered III the Presence of By."" ..{r,.'"':,,,,~,' t,.,,,-\,>\,:'\.f'1t:'V,SJ.d,,,n.t,)[SEAL]
I " ,~.F'el'gUS01I!i:JOIJSi~rLlCt'LlJ!i '0. A olnt Vc,lt"lriCr
,', j'~ '~j"~:a~"~ .:.. ?rJ,' ','."" "~,.,"'~~, ' . . /""8"" ,'~, " SCi'I11.iiI1ar:. ~",il,~t ~:'(jstEl.~;,Uh&J,", li.;;.;:e'~I,~~t;.q'h nc.
~vY;Zr:-':rr~"'frct1 .1t:;(;Uel'gc:r j ;~~ . ... eCreliUry a l__O o. fPrpora l n, -:..l. U 110 t'rltl51>tH:J
ca11~n R<o'ClJ,. r::,sJ:;atc,:< J;: VIJ tmc.'lIts, Ilk. ~ ')' / , & "7 j ,
I B,Y.:h~~-<..C<'h~L.2c:,-::".;.-c::""~,d'~h hhhhh 13Y:,m , ' /, 'iLl{'~Chhhh:{/tJj,<!-rJ, ouh'h[SEAL)
,Buel H. 'B~;;'11e c>crc:tary J. :int'l'a.l1Clban Vile I'resident
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1,,?C -, STATE OF COLORADO, fss. v
County of Jefferson J
-.. .4'" Tlw fO:'regolllg- ilbtl'Ulllcnt was m.:knn"Y1('dged h8forc me thi:; 2nd Jay of May
'1";HI'';7 by"BOEF 3T~{EEr INVESTMi'Nn, Q partnr~1'sqip, by James D. F'e1'l',uson, as Preside t
, i" . " " ,G.YIQ Dav:Ld F, Racfhcl,'!, n,"c:r a,c Ass t. :.,>ecretary 0 f l"crguson Constructlon Co
'-'ii'co.l6~ C:Ol'P':J"'s.cion, a Joi' l V~nt~n,r, !\NTI BY J". r'!axine Callahan as Vice Preside t
','.and,:,t>.,elr H. BC;';l.<'lle as S,:,Cl' ,a1';y uf C,llahan Rc:al l's1~at! &: Investments, Jj.e" ,a. I
'11'1: " " C'olo. corpur:~tlun, a JOln'l V",nt'-lr"'r. . :, :,..~L'I
WITNESS my hand and official seal. .".... '...
~.\ ~ M,,- CO"'~CC ioo_'KPi r<', "a:";'~;:>i{~;TMJ __ \:,;,,:tJ~~~:~ . \ '~'
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i c.. No.952. WARRANTY DEED TO CORPOHA'IION-Pur PhotoK'l'8phic Record. .~ ;.. _r~ \ '....\......
:.J Urat.iford PuLlbhini: Cu., Hi~4.46 Stout Street, Denver, Colorado. -tj-'Tf:, , ,
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