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Home My WebLink About0058 ,"~to Exhibit "H" @ . '10 78080579 ma f\\JG 3\ P~\ 3: 25 County 01 ,Icj;~,< c" Ot?~., 0\ Ce' DEVELOPMENT AGREEMENT /~4 THIS DEVELOPMENT AGREEMENT, as authorized by the SUBDIVISION REGULATIONS of the CITY OF VlHEAT RIDGE, is entered into this 20 day of April , 1978 between the City of Wheat Ridqe, a Municipal Corporation, hereinafter refe;red to as City, and Frank Stites & Betty Stites hereinafter referred to as Owner. 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: The East 1/2 of Lot No. 10, Block 1. Hailey Subdivision, County of Jefferson State of Colorado, Together with the improvements situated thereon. 2. HHEREAS, the Owner desires to develop that tract of land as described in Paragraph No.1, and in fact, has been issued a Building Permit to do so; and 3. WHEREAS, curb, gutter, and sidewalk on West 38th Avenue boarding that tract of land as described in Paragraph No.1 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 existing neighboring improve- ments and completion or non-completion of those improvements as required by SECTION FIVE: IMPROVEMENTS 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 neiqhborinq 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 meetinq, conforminq to and providing those reqUlre- ments as set out in the SUBDIVISION REGULATIONS of the City is hereby recognized by Owner. B. The Director of Public vlorks, 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, such improvements as are required by the SUBDIVISION REGULATIONS of the City, and to do so in con- formance with the design 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 for 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 improvtment district is created by the City to provide the improvements as provided by the SUBDIVISION REGULATIONS, the costs accessable against the property as desrriberl in Paraqraph No.1 shall not be disproportionate with costs accessable to other nearby and like properties. -,; . 78080579 ~ F. Upon execution of this DEVELOPMENT AGREEMENT by the City and Owners, the City will waive the immediate guarantees for public 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. RECOM:~ENDED GY: ),-, </; ~/ / ~$:JI",;;",-t',;,. / '{ City Attorney a,,::'<-<><."'- \~_\ ~~. ~~~-,. (t < ;-i < ( ,S:: _ ~ I , - (.. L ' ,-5 '~ / - j/ " Publ}:t Works Department APPROVED AS TO FORM' c.. (.. Ul'7 f~ '-r d" {-f.. (. )"> EXECUTED BY OWNER: ~~~r'7:'nr - . . "lII,:,o!aI'l".,K'o .. "I'.Q~ ", <~ " ' Mayor .. r ": , L!. ' ~1 "-r',~ ,~~ ~ : .A.' .1 --", AHESlEO TO BY, /, /'. ...i, '" <<;;;~(:J/b/* ~?/r.');~ City Clerk "," " ) / -~ ;: " L - ~ .'" / , " I COUNTY OF JEFFERSON \ , )S5. ) STATE OF COLORADO The f2l~90i~9 instrument, w,'}~l e;ecuted ,Q)fore me thi s . /.F/ / ' 19LQ::, by L->c" //:/ ~r. C' Z ?' r/i, day. of I, 5 r: /" '"Ik .5/,/;'-'5 ~ Notary My Commission , ' E . . k:. ,/ /-;; /9/7'<"'/ xplres. \ ~~ /-/, LJ___._ / / / ' ,/ " ;- ~ r r'l ,'-> . . )~.' ~" ( :~:\~" J". _ :/ - , 1, ..;;., , , :'~ II)'. '. r" ,\ . " , .............,,: ~ ., ",. ~.", ..~ , ., ~ ........ ~~ " Ij':: 8'') 1 ). - 2 - r " 78080579 :? 3 1: Ii~ ,\'. ~: < ~ e~ : 8! i~ ~ V) I:! E I.eccmI.d at. n'f\oek If . --.u.. No.... ~t=:._w._., -.-~.-...-.. ::=---====:.=:.:..=-=::= -=:J: ..x>.D.... IT"MP TIIu Dl:m, lIMo W. 10 72. __ FERNE. I l...' )/t ( fl " t .to, otS '-'I' t< mbe r MC CURE and :1A~Y FIV.~CES GIV.ZIE~ .J)' ~ /-' .. ~, - - -- :~,. - EO J1 .... e!5 - CD- CD r / , wu.. c...ml, of Je fferoon """ 8"" of CaIonodo. of 1M nnt part, and FRANK STITES, dba B & F Rl!Capp-tng Service. ani BETTY ST ITES '" 1M <'-IF at JeffH"On ODd 1_ of (010-.. of tbo __ po.rt, "ITJIIURTR. tIlalIM _ pIllt lei '" 1M tIJ'OI part, 'or ODd ID _0 of tho ..... of 'l~ 11 flO.. and other valuable consid.~ration8 - - - ... ... . - - ... - - - - - ~ - - - ... DOL1...A.... Ie lha_ po.rt lea of ,he nnt I"'" In _ pUI bJ'''' ool<1 putlfoI of 'ho _ po.rt. tbo .-pt ._ 10 boNbr """-d ODd ..kno........ h. ve If"U>tId, harplnod, _ and -..,.,d. and b, .- p....,ta do craDt. buwaIn. ..U, eonTflJ and eon1Irra uoto tM nW partie. of the MeuM part. LhelJ' IMln .nd ..I&'fl. tcm-n1'. wl In laNlDc7 ID _ Inl'ln joint ....&IW:J'. 011 1M toUowIIC _bod lot or ......' of Iond. ."...t.. 1,1.. 0Ad -,ID 1M c...mt,,,, Jefferoon ODd 8.... of CoIo...., 10 ..." The Eut ~ of Lot No. 10, Block I, HOlley Subdlvl.lon, County of Jefferoon. State of Colorado, Together with the Improve~entl .Ituatcd thereon. (Subject to reetrlctlon., reservations, .n~ e..e~ent. of rec{)rd, if any) ~ ~\'V ~(p TOGETHEll _ oil and ....Iar tI>o........ ~r ODd _ --- lho_Ullo botIonpt.. or irI ...".n.. _ -........ tI>o __ 0Il~ .. ........... __ IIIlI r .... -to, _ and profit> thonof; .... oil tI>o --. ... IItII, ........ dala ......... ~ .""., '" tIlo .... ,.r\lu ., 1M f1m po.rt. oltllor .. .... or 101III&7. "'. ... IIIlI to tI>o ..... ......... ~ _ ... Ilor -. tI IIIlI ___ TO IIA. VZ AJoID TO DO)..D tI>o .old ~ ..... ......... .... cIoaerlbod, _ tho ~ '"'to tIlo _ JIIII'Itt at tI>o oooIIIlI put, tIloIr hoIn and __ _. Aad tI>o.... put lei of tho tint ....... tor t he..- ....... .thd...... __.-J _.to --.lIftDt.~.............' to.... _ tho .... __ '" lIoo -" put, tIMtt Wn .... --. _ allho 1lao '" tI>o _... and --.., '" "'- _ _ thay an woII ....... '" tIlo ~ ..... _..... _ '" ..... ...... ...,ton. aI>>oIot<o and __ _ '" ~L ~........ ...., .. f. ...... and ... ve .... rIP.. ,.0 __ and I...rw outloor,t}' to ........ ...... ..... o0?I .. _ lIoo _ In __ and '- -. ..... tIlol tI>o _ an ".. .... .... r... all r.- ... at.. ...... .......... ...... 11_ tax-. -- ... __ '" ._ kIocI .. _ _. aXcl,pt lanaral tax.. for 1972 and ,uboequent yea.. which the parties of the ,.c(lnd part ..,ume and ..ree to pay. ....s. ........ DoIl_ ..lIoo "'- ., !._~-::~'~"L. t. _~.l ~.0 ~__-lJ&"I,1 Farne .. McClure /; f. _'/)b t-I-.Z':.ait r~'" X~.~.J'l'-f," (lULl M~~r,anc., Grl.ier In'AT& or OOLOK4Dl). l- . 0...,.'" .Iefrenon ..:nJ~...... 1- wL.4II"~__ fir.. ~i ......~.. M"Cllaa and IUry Franc.. Crader. J, f or II '1 ". l' o. (, .'';. .j's'... I. .~~ a '1-....,... 29. I". ,~.~. . ..,~.~, . '. -:'r"~oi.~j:~ '.. ("ALl ..,. '" S.pt...... ,11 .11'_.'......~1 -Y1jfl,&~ .. 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