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HomeMy WebLinkAboutGelson & Haun8301 IL9G6 1983 FEB 18 t 14 33 aw fferten side W to VL•'VELOPME:NT AGREEMENT } A THIS DEVELOPMONT AGREEMENT, as authorized by the SUBDIVISION REGULATIONS of the CITY OF WE[EXf RIDGE, is cntercd into this day of , between the City of Whc, Ridge a Municipal Corporation, hereinafter referred to as City, and TERENCE AND GLENDA GELSTON; DONALD A. AND AUDREY A. HAUN , hereinafter referred to as Owner, and concerns property located at4 JELLISON STREET W I T N E S S E T H: WHEREAS, Ovmer is the titled Owner of a tract of land in the City of wheat Ridge, County of Jefferson, State of Colorado, more fully described in Exhibit A, which is attached hereto and expressly made a part hereof (which property is hereinafter referred to as "the Property "); and A'HEREAS, Owner desires to develop the Property but has not been issued a Building Permit as of NOVEMBER 22, 1982 to do .so; and, WHEREAS, curb, gutter, sidewalk and street improvements boarding the Property and the neighboring tracts of land are incomplete and/or below those standards as set out in the SUBDIVISIONS REGULATIONS of the City; and WHEREAS, to be uniform and consistent with the existing neighboring improvements, the completion or non - completion of those improvements as regiiired by SECTION FIVE: IMPROVEMENTS of the SUBDIVISION REGULATIONS will make no significant change at the present in those strew s fronting the Property and the neighboring tracts of land; and S@HEREAS; in-order to conform to those requirements as set out in the SUBDIVISION REGULATIONS of the City, this_ agreement is hereby determined to be proper. 2. The Director of Public Works, upon the direction of the Mayor or the City Administrator, shall give written notice directing the Owner or his assigns and successors to meet those require- ments as set out in the SUBDIVISION REGULATIONS of the City and to construct public improvements described above, including curb, gutter, sidewalks and street improvements. 3. 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, such improvements as are required by the SUBDIVISION REGULATIONS of the City, and to do so in conformance with the design standards of the SUBDIVISION REGULATIONS of the City. 4. Owner agrees to construct, or cause to be constructed, all public improvements required hereby within 90 days of the date of receipt of the notice described in the preceding paragraph. In the event such public improvements are not completed within such time, the City is hereby authorized to enter upon the Property either by its empl.oyces or through agents, contracl or sub- contractors, and to complete the public improvements described NOW, THEP.EFORE, IT IS HEREBY AGREED THAT: 1. The xesponsibility for meeting, conforming to and providing those requirements as set out in the SUBDIVISION REGULATIONS of the City,is hereby recognized by Owner. herein, said completion to be acco at owner's sole expense. Owner agrees to pay for all improvements so made within 30 clays of the date of cocnp.l,etion, Owner further agreeing that any amount ca resulting from his failure to pay for any improvement thus completed ,= shall constitute a lien upon the Property above described in the rn actual amount of the public improvements completed, less any pay- ments made by 0 %,ner, plus interest on the amount unpaid at 10 ^- percent per annum from the date of completion, plus any costs o incurred by the City in collecting same; including court costs M and attorney's fees. co 5. In the event an Improvement District or a Special Improvement District is created by the City to improve or provide those requirements as set out in the SUBDIVISION REGULATIONS for those streets or streets fronting the Property and the neighboring tracts of lands, the Owner or his assigns and successors agree not to oppose its creation, or subsequent assessment of the costs to the Property. 6. - In the event an .Improvement District is created by the City to provide the improvements as provided by the SUBDIVISION REGULATIONS, the costs assessable against the Property shall not be dispropor- tionate with costs assessable to other nearby and like properties. 7. This agreement is executed by the Owner pursuant to the SUBDIVISION REGULATIONS of the CITY OF WHEAT RIDGE. 8. 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 Property. 9. The City, in its sole discretion, may require a cash or surety bond to be held in escrow by the City to secure completion of the public improvements described herein. Said cash or surety bond shall be in a sun sufficient to cover the estimated costs of th; construction of the public improvements described herein, said estimate to be made at or about the time of the notice described in paragraph 2 above. In the event the Owner fails to complete the public improvements within the time specified in paragraph 4 hereof, the City ray, at its sole option, complete or cause to be completed, said construction and use all, or any part, of the cash or surety bond to pay for., or cause to be paid, all bills and costs incurred in completing said public improve- ments. Any interest earned on any escrow funds shall be the sole property of the City. 10. This DEVELOPMENT AGREEMENT shall be recorded with the Clerk and Recorder of Jefferson County, Colorado, and shall constitute a continuing covenant running with the land; provided, however, that this DEVELOPMENT AGREEMENT shall be released by the City upon the completion by the Owner of the public improvements described herein, which release shall be evidenced by a signed document, attested to by the City Clerk and bearing the City's seal, which document shall likewise be recorded. SPECIAL PROVISIONS AND AGREEMENT: SEE ATTACHED - 2 - 1. That portion of Jellison Street contained within the J & K Subdivision, as attached hereto, is to be constructed including rn curbs, gutters, sidewalks and street related improvements by -d _ the owner on or before subdivision and /or development to the O immediate west or north occurs. M ap 2. The adjacent 16' x 20' area designated on the plat as a Jellison Street turnaround shall be constructed by the subdivider, with the City participating in 500 of all cost related to the construc- tion, within one (1) year of the recording of the plat, in accor- dance with a design approved by the Wheat Ridge City Engineer. 3. The curb, gutter, sidewalk and other street related (including design and construction supervision) on of Iris Street abutting the J & K Subdivision shall prior to the issuance of a Certificate of Occupancy improvements that portion be constructed on Lot 2. 3 -2a- IN VITNESS MIECtEOt•', th_• parties have set their hands and seals on date first shown. c0 RECObIMENDED BY- j 4 - Z 3 z43 M Public I , o ks Dc rtmeryt APPR AS 01M: .s City Attorney Com. Dev lopm° partment 1 - - City Administrator EXECUTED BY CITY: Mayor, City of Wheat Ridge ATTESTED TO BY: City 6 e3erk 4 Al STATE OF COLORADO ) ss. i COUNTY OF JEFFERSON ) e The foregoing instrument was execA4� before me this day of _ by TERENCE AND GLENDA GELSTON; DONALD A. AND AUDREY A. HAUN by commission expires: MA ?s 198A n Notary Public Mary Jane Harper 9684 West 44th Avenue Wheat Ridge, Colo. 80033_ EXECUTED BY 01NER: 830 { h906 NOTES: A. Entire property is within the 100 year flood plain. EXHIBIT A B. Zoned Residential - Two r C. Bearing Basis: North line of h W SW% of Section 22, T3S, ✓✓ R69W assumed bearing N90o00'00 "E. D. Monuments: ," reinforcing bar with cap No. 9010. DEDICATION CERTIFICATE BERT VISION d R-., Ter ,tence S. Gelston and Glenda J. Gelston, being the owners of the real property of 0.801 acres described as follows: A tract of land in the NW', of the SW'; of Section 22, Township 3 South, Range 69 West of the 6th Principal Meridian, County of Jefferson, State of Colorado, more particularly described as follows: Beginning at a point on the North line of said SW4, 638 feet bast of the West quarter corner of said Section 22; thence South 0 degrees 53' Fast, 383 feet to the True Point of Beginning; thence Southeast- erly to a point that is 230 feet East and 25 feet South of the True Point of Beginning; `hence South 180 feet; thence Northwest- erly 243 feet, more or less, to a point that is South 0 degrees 53' East, 125 feet from the True Point of Beginning; thence North- erly 125 feet to the True Point of Beginning, and have laid out, subdivided and platted said land as per the drawing hereon cont- ained under the name and style of J & K SUBDIVISION, a subdivision of a part of the City of Wheat Ridge, Colorado, and by these pre- sents do dedicate to the use of the general public and special service districts those portions of said real property which are so designated as easements and rights -of -way for the construction, installation, operation, maintenance, repair and replacement for all services, including without limiting the generality of all the foregoing, telephone and electric lines, work, poles and underground cables, gas pipelines, water pipelines, sanitary sew- er lines, street lights and signs, culverts, hydrants, drainage ditches and drains, roadways and all appurtenances thereto, it being expressly understood and agreed by the undersigned that all expenses and costs involved in construction and installing san- itary sewer system works and lines, gas service lines, electrical works and lines, storm sewer and drains, street lighting, gradinq and landscaping, curbs, gutters, street pavetr� sidewalks, and other such utilities and services shall be guaranteed and paid for by the subdivider or arrangements made by the subdivider therefor which are approved by the City of Wheat Ridge, Colorado, and such sums shall not be paid by the City of Wheat: Ridge, Colo- rado, and that any drain, landscaping, curb, gutter, sidewalk or street so constructed or installed when accepted by the City of Wheat Ridge, Colorado, shall become the sole property of said City except items owned by municipally franchised utili'ies and; or the Mountain States Telephone and Telegraph Company and /or special service districts which items, when constructed or in- stalled, shall remain the property of the owner and shall not be- come the property of the City. itz- Executed this -U day of 19 d Te,'rence S. Gelston _ nda Ge _ G) J. lston I