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HomeMy WebLinkAboutClear Creek Crossing Apartments 1st AmendFIRST AMENDMENT TO SUBDIVISION IMPROVEMENT AGREEMENT THIS FIRST AMENDMENT TO SUBDIVISION IMPROVEMENT AGREEMENT ("First Amendment") is entered into as of , 7e_cc.�e_ (`j , 2020, by and among EVERGREEN -CLEAR CREEK CROSSING APARTMENTS, L.L.C., an Arizona limited liability company ("Developer"), and CITY OF WHEAT RIDGE, COLORADO, a home rule municipal corporation (the "City"), together referred to as the "Parties". RECITALS A. On October 22, 2019 the Community Development Director of the City of Wheat Ridge, administratively approved a plat for the Property titled Outlook at Clear Creek Crossing, and in connection therewith, approved a Subdivision Improvement Agreement ("Agreement") which was filed for record with the Jefferson County Clerk and Recorder's Office on October 30, 2019 at Reception no. 2019103411. B. The Parties wish to amend the Agreement to allow phasing of public improvements as it relates to Exhibit C of the Agreement. C. The Parties wish to amend the agreement, as permitted by Section 20 of the Agreement. AMENDMENT NOW THEREFORE, in consideration of the mutual covenants and agreements contained herein, the sufficiency of which are mutually acknowledged, the Parties hereto agree as follows: 1. Agreement Amended. Exhibit C of the Agreement is hereby amended and replaced per the attached Exhibit C contained herein. 2. Recording. This First Amendment will, at the expense of Developer, be recorded in the office of the clerk and recorder of Jefferson County, Colorado, and shall be a covenant running with the Property in order to put prospective purchasers or other interested parties on notice as to the terms and provisions hereof. [Remainder of Page Intentionally Left Blank] EXHIBIT C Phasing Plan for Public Improvements and On -Site Improvements Consistent with the Subdivision Improvement Agreement with the Master Development (reception number 2018065899) and with the approvals for this Project, on-site and public improvements shall be installed as follows: • Site work permits may be issued upon approval of civil engineering plans, construction control plan, cost estimates, and payment of City of Wheat Ridge use tax. • Retaining wall permit may be issued upon approval of retaining wall plans. • Prior to issuance of each building permit the following fees associated with that permit shall be paid: o City of Wheat Ridge building use tax o Building permit and plan review fees o Fees -in -lieu of parkland dedication • Prior to any foundation construction, the following shall be completed and accepted by the City: o Written notification to City of intent to commence foundation construction o Installation of the all-weather surface temporary access road o Installation of access adequate for conducting inspections. Refer to the access exhibit in Exhibit C.2 for the approved sequencing of 40th Avenue and Clear Creek Drive • Prior to any combustible vertical construction, the following shall be completed and accepted by the City: o Written notification to City and West Metro Fire Protection District of intent to commence combustible vertical construction o Installation of water mains and activation of fire hydrants for the respective phase ■ Written acknowledgement from Consolidated Mutual Water District that fire hydrants are active. o Installation of the first lift of asphalt on the temporary access road 2 Y' o Installation of access adequate for conducting inspections. Refer to the access exhibit in Exhibit C.2 for the approved sequencing of 40th Avenue and Clear Creek Drive. • Prior to issuance of the first Certificate of Occupancy in Clear Creek Crossing, Developer shall comply with the requirements of the Subdivision Improvement Agreement for Clear Creek Crossing dated July 18th, 2018 ("Subdivision Improvement Agreement") and/or subsequent amendments. • Prior to issuance of the first Certificate of Occupancy in each phase, on-site improvements, including adjacent sidewalks, private streets (including top lift of temporary access road), parking lots, yard inlets and associated piping, lighting, landscaping, and all utilities shall be installed based on the enclosed overall phasing plan in Exhibit C.1. • Prior to issuance of final Certification of Occupancy, the following shall be completed and accepted by the City: o Top lift on all internal roadway systems o All on-site landscaping • Upon completion of the Permanent Access and demolition of the Temporary Access, the Developer shall restore the public improvements along West 40th Avenue back to the design depicted in the Clear Creek Crossing Phase II Roadway and Storm Construction drawings produced by Martin & Martin and approved by the City of Wheat Ridge on July 26, 2019. drawings produced by Martin & Martin and approved by the City of Wheat Ridge on July 26, 2019. Exception to the above requirements: • Installation of landscaping, street trees, and irrigation is not required prior to Certificate of Occupancy if issuance of the C.O. occurs outside of the planting season, generally October to June. Refer to Section 12 of the Subdivision Improvement Agreement. [Remainder of Page Intentionally Left Blank] 91 IN WITNESS WHEREOF, the parties hereto have executed this First Amendment as of the day and year first above written. DEVELOPER: EVERGREEN -CLEAR CREEK CROSSING APARTMENTS, L.L.C., an Arizona limited liability company By: Evergreen Development Company - 2016, L.L.C., an Arizona limited liability company Its: Manager By: Evergreen Devco, Inc., a California corporation Its: Manager By: kG-� Nam ^y Ir, - Title: crTitle: _ STATE OF )ss. COUNTY OF 0 , ° P`e The foregoing instrument was acknowledged before me this "day of 2020, by 1�l� � 6 /,,, as of Evergreen Devco, Inc., alifornia corporation, as Manager for Evetfgre6n Development Company -2016, L.L.C., an Arizona limited liability company, as Manager for Evergreen -Clear Creek Crossing Apartments, L.L.C., an Arizona limited liability Company. Witness my hand and official seal. My commission expires: LISA RIT7ER Notary Public - State of ;.z,lo Notary ID 201840,,;) My commission Expires May 9, ?022 o ry Public [Signatures and acknowledgements continue on the following page] 4 CITY: CITY OF WHEAT RIDGE, COLORADO By: ffv, Bud Starker, Mayor ATTES - e &pken Kirkpatrick, City Clerk EXHIBIT CA Overall Phasing Plan for Public Improvements and On -Site Improvements (see attached) 18 EJJ w r U) COc 0 ■ w W ■ W ■ (/) Lli■ N �_ z MW U d' w Z �l ♦\\ � w J S Z p 0 d W d 'W. F- V- i U p d p m V. 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