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P[LOP[)[i:) IN C("!)j-.,JT)' c.,. .JE-F.r:.r.~.1X .:;I.,'N ~:,T(.lTF OF [('I",OI'\HO,) RECEPTION NO. 8906~753 UB/O,?/Wll 1::10 ,.ii)" DO DEVELOPMENT COVENANT ~/~, --.-------' THIS DEVELOPMENT COVENANT is entered into this 11th day of ,Tll1 y , 19 89 ,between the City of Wheat Ridge, a Municipal Corporation, hereinafter referred to as City, and Glenn Daughenbaugh , hereinafter referred to as Owner, and concerns property located at 4300 Kivling Street 1~1o WITNESSETH: 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"); WHEREAS, Owner received approval of rezoning and site plan approval by the City of Wheat Ridge on February 9. 1987 and such approval was partly conditioned upon platting of an ingress/egress easement and development of such easement to facilitate vehicular circulation between properties to the north and south of such property; and WHEREAS, a plat and site plan which illustrates the location and extent of such easement has been recorded with the Jefferson County Clerk and Recorder under Reception Numbers 87093521 and 87093522 ,and is attached hereto for reference; and WHEREAS, Owner has been issued a Building Permit for development of the property and has completed such development to an extent that all codes and regulations of the City have been met, however physical connection to properties north and south that will require removal and reconstruction of concrete curb, and construction of bridges across OULETTE IRRIGATION DITCH, has not been accomplished at this time; and WHEREAS, Owner desires a Certificate of Occupancy for such property prior to development of such physical connections described above. NOW THEREFORE, IT IS HEREBY AGREED THAT: 1. The responsibility for constructing such physical connections described above and incurring expenses related thereto, is hereby recognized by Owner. However, in light of development occurring adjacent to and north of the property and the benefit which will be received from these connections, the Owner of 4300 Kipling shall be responsible only for the western connection across the PCCCPTlvN NO 890~57~J ditch. The design of said connection shall be approved by the Oulette Ditch Company prior to any construction. 2. The Director of Planning and Development, upon development of properties to the north and/or south, shall give written notice directing the owner or his assigns and successors to meet the requirement to construct such physical connection as described above. 1 3. Upon receipt of such notice to furnish or construct the vehicular access improvement as required by the approved site plan, Owner hereby agrees to construct and furnish at Owner's cost, such improvements as are required. 4. Owner agrees to construct, or cause to be constructed, all such improvements required hereby within THIRTY days of the receipt of the notice described in the preceding para- graph. In the event such improvements are not completed within such time, the City is hereby authorized to enter upon the Property, either by its employees or through agents, contractors, or subcontractors, and to complete the improvements described herein, said completion to be accomplished at Owner's sole expense. Owner agrees to pay for all improvements so made within 30 days of the date of completion, Owner further agreeing that any amount resulting from his failure to pay for any improvement thus completed shall constitute a lien upon the property above described in the actual amount of the improvements completed, less any payments made by Owner, plus interest on the amount unpaid at 10 percent per annum from the date of completion, plus any costs incurred by the City in collecting same, including court costs and attorney's fees. 5. The parties hereto agree that this DEVELOPMENT COVENANT, by its terms, shall be binding upon the City and the Owner and upon the assigns and successors thereof; and shall consti- tute covenants running with the Property. 6. This DEVELOPMENT COVENANT shall be recorded with the Clerk and Recorder of Jefferson County, Colorado, and shall constitute a continuing covenant running with the land, providing however, that this DEVELOPMENT COVENANT 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: Owner shall be responsible only for improvements related to the western ditch crossing. RECEPTION NO. 8906~/53 Page 3 IN WITNESS WHEREOF, the parties have set their hands and seals on date first shown. RECOMMENDED BY: L[ fr- City 3 EXECUTED BY CITY: o FORM: ATTEST ~~ Mayor, City of Wheat Ridge -, ) ' )1 ''; I d" <--,.4_ City Clerk i ), [..tL ?/' I SEAL STATE OF COLORADO ) )ss COUNTY OF JEFFERSON) h k II '!'!, T e foregoing instrument was ac nowledged before me this __ day of )'L(<.., , / _._1 {. '-- ~ A 19 J'/ , by Ie .i t t C ;', L ^ /;{J... ({ ( .I) /' - - / My commission expires: __ ), '- A_ ( <--c:<-- ( t_1 , ; ~"5' 19 S',')" I" 'I, ("~"'., L' -'l /0 l (' (c'fL-- Notary Public ,j :.. i1,~ J . .- ..'...3l\<"..'l.:.. I \ "< r ;..~.:;>~- ,(- i\. - - --_\ , '-..' - '" ' "}~;-; ~1\ ,0:-_ ~ - ..",~- S Bi\I.. " RELEPIION NU. 89065/~1 EXHIBIT "A" A tract of land in the West Half of Section 22, Township 3 South, Range 69 West of the 6TH P.M., more particularly described as follows: ~ Commencing at the West Quarter Corner of said Section 22; thence N 89014'16" E a distance of 45.00 feet to the easterly right-of- way of Kipling Street, also being the TRUE POINT OF BEGINNING; Thence S 00021'30" E a distance of 58.37 feet to the Southeast Corner of that tract of land recorded in Book 2120 at Page 266, County of Jefferson, State of Colorado, said corner also being the Southwest corner of that tract of land recorded under Reception No. 86078111, County of Jefferson, State of Colorado; Thence N 89043'33" E a distance of 301.02 feet; Thence N 00019'23" W a distance of 138.09 feet; Thence S 89042'33" W a distance of 301.03 feet to the Northeast Corner of that tract of land recorded in Book 2120 at Page 266, County of Jefferson, State of Colorado, said corner also being the Northwest Corner of that tract of land recorded under Reception No. 86078111, County of Jefferson, State of Colorado; Thence S 00018'21" E a distance of 79.63 feet to the TRUE POINT OF BEGINNING. 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