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HomeMy WebLinkAbout0122 00 ,. 1 AGREEMENT ISB3 Io\^R 25 PM ;:: 2J J!:HCR~U~ CCLINTY, COLORADO @ 83026090 , J, THIS AGREEMENT is entered into thi s I (; .~of )) l~.'c/{.j , 1983, between the City of Wheat Ridge, a Municipal Corporation, hereinafter referred to as City, and Jefferson B. Armstrong , hereinafter referred to as Owner, and concerns property located at 10700 W. 49th Place t/ r WIT N E SSE T H WHEREAS, Owner 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 WHEREAS, the Owner has submitted an amended Final Industrial Development Plan, known as L & K Industrial Park - Amendment 3, for administrative approval and filing; and WHEREAS, such amended plan does meet the criteria established by the Zoning Ordinance, Section 21.K, a thru f, for administrative approval by the Director of Community Development; and WHEREAS, there are certain site development and street improvement aspects of the plan which are not clearly defined in the plan, specifically which relate to a) street related improvements, b) parking requirements, c) landscaping requirements, and d) access to West 50th Ave.; and WHEREAS, it is necessary prior to final approval and recording of this amended plan to specify the terms, conditions, and restrictions under which development may be permitted in accordance with the approved amended plan; NOW, THEREFORE, IT IS AGREED THAT: 1. The responsibility for meeting, conforming to and providing those requirements as set out both in the amended plan and as enumerated below is hereby recognized by the Owner. 2. The Owner will construct and develop all parking areas and spaces, and will develop all required landscaping necessary for and related to the two one-story buildings which are expected to be constructed first, known as Warehouses (A) and (8), Phase II, Stage I, All parking lot improvements and landscaping within those areas illustrated in Exhibit 8 shall be required with building permits for either such building. 3. The Owner will construct a paved access drive of at least 24 feet in width and of the same standard as standard parking lot pavement, between the east edge of parking lot improvements related to Warehouses (A) and (8) and the curb cut on the south side of West 50th Ave" located approximately 600 feet west of Miller Street. Said access drive shall serve as temporary access to West 50th Avenue. 4. The Owner will construct that portion of Oak Street dedicated south of West 50th Ave. to full City standards, including, but not limited to street pavement, curb, gutter, and sidewalk. Plan and profile of such improvements shall be submitted with the first building permit requested for either Warehouse (A) or (8) and construction of same shall be accomplished prior to request for Certificate of Occupancy for either said Warehouse. 5. Any street construction south of that portion of dedicated Oak Street shall conform to the City standards for any particular improvements made. (i .e, street pavement and base shall conform to City standards regarding thickness and compaction so that any future public street could utilize existing pavement.) The City will work with the Owner of said parcel to obtain dedication for a public street. 6. The Owner shall construct the south half of West 50th AvenuP,including, but not limited to street pavement, curb, gutter, and sidewalk, when either of the following events occur: A. The owner of property to the north constructs the north half of West 50th Ave. ; or B. With construction of any buildings on the Owner's property in excess of Warehouse (A) or (8). 83026090 7. This AGREEMENT is executed by the Owner and shall be binding upon the Owner and upon the assigns and successors thereof; and shall constitute covenants running with the Property. 8. This 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 AGREEMENT shall be released by the City upon the completion by the Owner of the 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: IN WITNESS WHEREOF, tho parties have set their hands and seals on date first shown. RECOMMENDED BY: ., . :\ ~__~\~ \--/ -- -:-~ ~ 20\ \ \ --------.. - -- ------. \ Commurnt.:( Deve 1 opmen t Depa rtment L--' ~ ,-~ II .:.--- / flu? !;..,:J-{ ')6 - j C<k~h~\./' City Administrator '--- City Attorney c...........\ ___ ~Z/;!k/M~) EXECUTED BY CITY: ",---,. ~~ \;: A("~'A - ~ Mayor, City of Wheat Ridge STATE OF COLORADO COUNTY OF JEFFERSON ss. The foregoing instrument was executed-before 117,Q-<--h , 1983, by J-cLu?<L <'--71/ /:5 /)' / j! ( . My commission expires: 'I -/7-S'.!;- me this ~~day of (,.~~ :rT<4Z~ ""7i..-c:'f /- " ,,' r r; ...\ :, '."" (.' ~_ ~~ lit: . ...0.. , /~ ~0t'"'-'t.~, (;( O~ .<-<, --n/ Nota ry Pub 1 i c .;\ ...": . - "fAt T' '. ~ 1.: . ~..\ "': 'I) t,.. \ I . \' - .~ -v ,"1-- ~ <.1/, -:-- ::.\ .' 1, .~. () " .. /~:'(~ : ...~.~ ~1 ..~~ , ." ~ ...~... : ~ -2- .:.~. .:. ... .:w ."., ;~.,. 83 0 2 6 0 9 D.:. :,. /' '. . ~ SCHEDULE A - (Continued) nmitment No. 39730 EXHI BIT A ~he land referred to in this commitment is described as follows: . ';" !hat part of L & K INDUSTRIAL PNL~, fu~ENDED, described as follows: A parcel of 'land in the SE 1/4 of Section 16, Township 3 South, Range 69 West of the 6th P,M., described as follows: Beginning at the Northeast corner of the Southwest quarter or the Southeast quurter of Section 16, Township 3 South, Range 69 West of the 6th P.~., whence the Southeast corner or said South~yest q~artcr of the Southeast q~ar~er of Section 16 bears Sou~h 0030' West, 1,320.00 feet; said POI~T OF BEGINNING being also the Northeast corner of ~he L & ~ Industrial Park, the plat of which being filed in the records of Jefferson County, Colorado; c:hencc running ~orth 89002,", West, 640.62 feet, along the North line of said Southwest quarter of the Southeast quarter to the T~UE ?OINT OF ~EC!~~!NC; thence continuing North 89042' West, along said North line, 691.3S feet co the Northwest corner of said South~yest quurter of the SO'.lthe<.'.st quarte.r of S e.c tion 16; thence South 0030'West, along the West line of said Southwest quarter of th~ Southeast quarter, 728.00 feet to the Southwest corner of said ~ & K Industrial Park; being also on the Northwesterly right of way line of the Pu~lic Service Compuny transmission line; thence North 74043' East, along said Northwesterly right of way line, 718.46 feet, more or less, to the Southwest corner of a certain five acre tract; thence North 0030' East, along the West line of said five acre tract, a distance of 534.99 feet. more or less, to said TRUE POrN! 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