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HomeMy WebLinkAboutSubdivision Improvements Agreement1 111(11111 111111 11111 ILI I1111111111111111I11011 1111 603360 05/14/2002 04:28P B1354 P684 M RLSDORF 1 of 10 R 0.00 D 0.00 GARFIELD COUNTY CO Upon recording return to: Garfield County Dept. of Build and Planning c/o Mark Bean 109 8th Street Glenwood Springs, CO 81601 T.O. Ranch Holdings, LLC cloTim Thulson P.O. Box 790 Glen wood Springs, CO 81802 SUBDIVISION IMPROVEMENTS AGREEMENT (T.O. Ranch NM Subdivision) THIS AGREEMENT is made and entered into this ,f o day of )(46, f , 2002 by and between T.O. RANCH HOLDINGS, LLC, a Colorado limited liability company (hereinafter "Owner ") and the BOARD OF COUNTY COMMISSIONERS OF GARFIELD COUNTY, STATE OF COLORADO, (hereinafter "County"). WITNESSETH: WHEREAS, Owner is the owner and developer of certain real property Located within Garfield County, Colorado, known as the T.O. Ranch Subdivision (hereinafter "Subdivision "), which real property is more particularly described within the final plat heretofore recorded in the records of the Clerk and Recorder for Garfield County, Colorado on 1. .ILA 2L O1as Reception No. L'�• WHEREAS, Pursuant to County Resolution No2:>1 7g , a copy of which has been recorded in the records of the Clerk and Recorder for Garfield County, Colorado on ♦cieri /ez in Book / at Page , and Reception No. $?e' �" , the Sub ivision has received Preliminary Plan subdivision approval (hereinafter "Preliminary Plan Approval "); WHEREAS, as a condition of approval of the Final Plat and as required by the laws of the State of Colorado, Owner wishes to enter into this Subdivision Improvements Agreement with the County; and WHEREAS, Owner has agreed to execute and deliver to the County a letter of credit or other form of security acceptable to the County to secure and guarantee its performance under this Agreement and has agreed to certain restrictions and conditions regarding the issuance of building permits, certificates of occupancy and sale of properties, all as more fully set forth hereinbelow. NOW, THEREFORE, for and in consideration of the premises and the following mutual covenants and agreements, the parties hereby agree as follows: 1. FINAL PLAT APPROVAL. The County hereby accepts and approves the Final Plat, subject to the terms and conditions of this Agreement, the Preliminary Plan Approval and the requirements of the Garfield County Zoning and Subdivision Regulations. 2. OWNER'S PERFORMANCE. Owner has constructed and installed or shall cause to be constructed and installed, at its own expense, those improvements related to Subdivision Improvements Agreement T.O. RanchSubdivision Subdivision .Improve's.Agree.OS2501. wpd Page 1 MII11IIIID 111111 11111 1111 11111 I101E 111111111111 lII4 802360 05/14/2002 04:28P 81354 P885 M ALSDORF of 10 R 0.00 D 0.00 GARFIELD COUNTY CO the Final Plat which are required to be constructed under the Preliminary Plan Approval, this Agreement, the Final Plat, and all Garfield County Zoning and Subdivision Regulations. Regarding the above, the Owner shall comply with the following: A. all plat documents, if any, submitted prior to or at the time of the Final Plat approval, including the terms of the certification for improvements completed prior to the date hereof, which plat documents are incorporated herein by reference, and made a part of this agreement; B. all requirements of the Preliminary Plan Approval, including all requirements of the Garfield County Zoning Code and Garfield County Subdivision Regulations, as they relate to the Subdivision; C. all laws, regulations, orders and resolutions of the County and all affected special districts; D. all designs, maps, specifications, sketches, and other materials submitted to and approved by any of the above - stated governmental entities; E. the improvements to be constructed by the Owner shall include, but are, not limited to the following: the internal roads, drainage features and utility structures, as more particularly described within the following identified plans prepared by High Country Engineering, Inc. and submitted herewith as part of the Final Plat, to wit: T.Q. Ranch Grading, Drainage Utility and Road and Profile (Sheet 3 of 4) and T.O Miscellaneous Details (Sheet 4 of 4) E. the improvements to be constructed by the Owner as hereinabove described shall be completed on or before asec3f ..z The County agrees that if all improvements are installed in accordance with this agreement, Final Plat documents, and the as -built drawings to be submitted upon . completion of the improvements, the requirements of the Garfield County Zoning Code, all other requirements of this agreement and the requirements of the Preliminary Plan Approval, then the Owner shall be deemed to have satisfied all terms and conditions of the Zoning and Subdivision Regulations of Garfield County, Colorado. 3. SECURITY FOR SUBDIVISION IMPROVEMENTS. a. Security. On or before the date of the recording of the Final Plat with the Garfield County Clerk and Recorder, the Owner shall deliver an irrevocable Letter of Credit in a form acceptable to the County or such other form of security as may be deemed acceptable to the County in the amount of $ cce).°®° , (hereinafter Subdivision Improvements Agreement T.D. RanchSubdivision Subdivision.lmprove's.Agree• 052501.wpd Page 2 110111111111111111111111111111111110111111 )111111 .1111 603380 05/14/2002 04:28P B1354 P886 M ALSDORF 3 of 10 R 0.00 D 0.00 GARFIELD COUNTY CO "Improvements Security ") which is the estimated cost for completion of the subdivision improvements related to the Subdivision as set forth and certified by High Country Engineering, Inc on Exhibit A attached hereto and incorporated herein by this reference, less the cost of improvements already completed as of the date of the filing of the Final Plat as are certified on Exhibit 13 hereto, which amount the County hereby accepts and approves. If utilized, the Letter of Credit required by this Agreement shall be issued by a state or national banking institution acceptable to the County. If the institution issuing the Letter of Credit is not licensed in the State of Colorado and transacting business in the State of Colorado, the Letter of Credit shall be "confirmed" within the meaning of C.R.S. 4- 5- 106(2) by a bank that is licensed to do business in the State of Colorado, that is transacting business in the State of Colorado, and that is acceptable to the County. With the exception of that portion of the Improvements Security to be retained for revegetation of landscaping improvements in accordance with paragraph 3(c) hereinbelow, the Improvements Security must be valid for a minimum of six (6) months beyond the completion date for the improvements set forth herein. If the time for completion of improvements is extended through the execution of a written amendment to this Agreement, the time period for the validity of the Improvements Security shall be similarly extended. Additionally, should the Improvements Security become void or unenforceable for any reason, including the bankruptcy of the owner or the financial institution issuing or confirming the Letter of Credit, prior to acceptance of the improvements, this Agreement shall become void and of no force and effect, and the Final Plat shall be vacated pursuant to the terms of this Agreement. b. Partial Releases of Improvements Security. The County shall release portions of the Improvements Security as portions of the subdivision improvements are completed to the satisfaction of the County. Certification of completion of improvements adequate to authorize release of the Improvements Security must be submitted by a licensed or registered engineer. Such certification authorizing release shall certify that the improvements have been constructed in accordance with the requirements of this Agreement, including all Final Plat plans, and shall be stamped upon as -built drawings by said professional engineer where applicable. Owner may also request release for a portion of the Improvements upon proof (i) that Owner has a valid contract with a public utility company regulated by the Colorado PUC that obligates such utility company to install certain utility lines and (ii) that Owner has paid to such utility company the cost of installation of such utilities required to be paid by Owner under such contract. Upon submission of a certification of completion of improvements by the Owner, the County may inspect and review the improvements certified as complete to determine whether or not said improvements have been constructed in compliance with the relevant specifications. If the County determines that all or a portion of the improvements certified as complete are not in compliance with the relevant specifications, the County shall furnish a letter of potential deficiencies to the Owner within fifteen (15) days specifying which improvements are potentially deficient. If no letter of potential deficiency is furnished within said fifteen (15) day period, all improvements certified as complete shall be deemed accepted and the County shall release the appropriate amount of security as it relates to the improvements which were Subdivision Improvements Agreement T.O. RanchSubdivision Ssbdivision.Improve's.Agree, 052501. wpd Page 3 1111111 I1I( 111111 1'II1 11'I 1111411111111111111111111111 5w3360 0.00 2 SDORF GARFIELD COUNTY CLD certified as complete. If a letter of potential deficiencies is issued which identifies a portion of the certified improvements as potentially deficient, then all improvements not so identified in the letter of potential deficiencies shall be deemed accepted and the County shall release the appropriate amount of security as such relates to the certified improvements that are not identified as potentially deficient in the letter. With respect to any improvements certified as complete by the Owner that are identified as potentially deficient in a letter of potential deficiencies as provided in this paragraph, the County shall have thirty (30) days from the date of the letter of potential deficiencies to complete its investigation and provide written confirmation of the deficiency to the Owner. If upon further investigation the County finds that the improvements are acceptable, then appropriate security shall be released to the Owner within ten (10) days after completion of such investigation. In the event the improvements are not accepted by the County, the Board of Commissioners shall make a written finding prior to requesting payment from the Letter of Credit. Additionally, the County shall provide the Owner a reasonable period of time to cure any deficiency prior to requesting payment from the Letter of Credit. c. Revegetation. The cost of landscaping improvements has been set forth on Exhibit B, including an amount sufficient to provide for full revegetation of the landscaping required under the Preliminary Plan Approval. Improvements Security required hereby must provide security for all costs of landscaping. The Certificate of Completion for landscaping improvements shall set forth the costs of revegetation and such amount shall be retainedLas security for a period not to exceed one (1) year after such completion. At the conclusion of that one (1) year period the amount of security retained for landscaping shall be released by the County upon receipt and acceptance of a certified letter from a landscape professional that such landscaping is complete and is no Longer in need of revegetation and that the revegetation is established. d. Recording of Final Plat. No Final Plat shall be recorded pursuant to this Agreement until the Improvements Security described in this Agreement has been received and approved by the County. 4. ROADS. All roads within the Final Plat shall be dedicated to the public as public rights -of -way. The homeowners association shall be solely responsible for the maintenance, repair and upkeep of those roads. The County shall not be obligated to maintain any roads within the subdivision. 5. INDEMNITY. To the extent allowed by law, the Owner agrees to indemnify and hold the County harmless and defend the County from all claims which may arise as a result of the Owner's installation of the improvements required pursuant to this agreement. However, the Owner does not indemnify the County for claims made asserting that the standards imposed by the County are improper or the cause of the injury asserted. Subdivision Improvements Agreement T.O. RanchSubdivision Subdivision.lmprove .s.Agree.051S01.wpd Page 4 1 111111 11111 111111 11111 1111 11111 1111111 111 111E1111 1111 603360 00/14/2002 04:28P 81354 P888 M ALSDORF 5 of 10 R 0.00 D 0.00 GARFIELD COUNTY CO The County shall be required to notify the Owner of receipt of a notice of claim, or a notice of intent to sue and shall afford the Owner the option of defending any such claim or action. Failure to notify and provide such written option to the Owner shall extinguish the County's rights under this paragraph. Nothing herein stated shall be interpreted to require the Owner to indemnify the County from claims which may arise from the negligent acts or omissions of the County or its employees. 6. SCHOOL IMPACT FEES. The parties recognize and agree that the approval of the Final Plat constitutes approval of 3 single family lots and equivalent number of total dwelling units. The parties agree that school impact fees shall be $511.94 per dwelling unit for a total impact fee of $4,607.51. The Owner specifically agrees that it is obligated to pay the same at the time of recordation of the Final Plat, herein accepts that obligation, and waives any claim that it is not so obligated or required to pay school impact fees. The Owner agrees that subsequent to recording of the Final Plat, the Owner will not claim, nor is the Owner entitled to, a reimbursement of the school impact fees paid in conjunction with this Subdivision Improvements Agreement. 7. SALE OF LOTS. No lots within the Subdivision shall be conveyed prior to recording of the Final Plat. 8. ISSUANCE OF BUILDING PERMITS. As one remedy for breach of this agreement, the County may withhold issuance of building permits for any structure within the Subdivision. The parties also agree that no building permit shall be issued until the Owner demonstrates to the satisfaction of the Fire District that adequate water is available for the Fire Districts purposes at the site of construction. Further, the parties agree that no certificate of occupancy shall be issued for any building or structure within the Subdivision until all subdivision improvements and the water distribution systems have been completed and are operational, as required by this agreement. Finally, the Owner herein agrees that prior to the conveyance of any lot within this Subdivision, it will provide to the purchaser of that lot a signed copy of Exhibit C attached hereto, notifying the owner of the foregoing restrictions upon issuance of building permits and certificates of occupancy. 9. ENFORCEMENT. In addition to any rights which may be provided by Colorado statute, it is mutually agreed that the County or any purchaser of a lot within the Subdivision shall have the authority to bring an action in the District Court of Garfield County, Colorado, to compel enforcement of this agreement. 10. CONSENT TO VACATE PLAT. In the event the Owner fails to comply with the terms of this agreement, including the terms of the Preliminary Plan, the County shall have the ability to vacate the Final Plat as it pertains to lots for which no building permits have been issued. Any existing lots for which building permits have been issued, shall not be vacated and the plat as to those lots shall remain valid. The Owner shall provide a survey and complete legal description with a map showing the location of a portion of the plat so vacated. Subdivision Improvements Agreement T.O. RanchSubdivision • Subdivision.lmprove 's.Agree.05: 5O i. wpd Page 5 I 503380 R 04:2GP 81354 P889 M SDORF GARFIELD COUNTY CO 11. BINDING EFFECT. This agreement shall be a covenant running with the title to each lot within the Final Plat, and the rights and obligations as contained herein shall be binding upon and inure to the benefit of the Owner, its successors and assigns. 12. RECORDING. Upon execution and authorization by the County, the Owner shall record this agreement with the Office of the Clerk & Recorder for Garfield County, Colorado. 13. VENUE AND JURISDICTION. Venue and jurisdiction for any cause arising out of or related to this agreement shall lie in the District Court for Garfield County, Colorado, and be construed pursuant to the laws of the State of Colorado. 14. AMENDMENT. The parties hereto mutually agree that this agreement may be amended from time to time, provided such amendment is in writing and signed by the parties hereto. 16. NOTICE. All notices required herein shall be tendered by personal service or certified mail upon the following individuals or agents of the parties to this agreement: Board of County Commissioners of Garfield County c/o Mark Bean, Planning Director 109 8th Street, Suite 303 Glenwood Springs, CO 81601 T.O. Ranch Holdings, LLC a Colorado Limited Liability Company c/o Mary Ann Hyde, Manager P.O.Box1557 625 South Original Street Aspen, CO 81612 with copy to: Timothy A. Thulson Balcomb & Green, P.C. P.O. Drawer 790 Glenwood Springs, CO 81602 Subdivision Improvements Agreement T. 0. RanchSubdivision Subdivision .lmprove's.Agree.052501. wpd Page 6 i i 111111 11111 1111 m 1111111 111 11111 1111 1111 603360 05/14/2002.04:28P B13!4 P890 M ALSDORF 7 of 10 R 0.00 D 0.00 GARFIELD COUNTY CO with copy to: Timothy A. Thulson Balcomb & Green, P.C. P.O. Drawer 790 Glenwood Springs, CO 81602 ENTERED INTO the day and year first above written. T.O. Ranch Holdings, LLC a Colorado Limited Liability Company By , :f�• Mary n Hyde, Man ger BOARD OF COUNTY COMMISSIONERS OF GAR � ► D COUNTY, COLORADO Subdivision Improvements Agreement T.O. RanchSubdivision • Sub d i vi si on.lmpro ve 's. Agre e. 0 52501. wpd Page 7 This summary of probable construction cost was prepared for estimating purposes only. It does not include estimates far: Soils Testing, construction surveying, construction administration and inspection, or any permitting required by local governments. High Country Engineering, Inc. cannot be held responsible for variances from this estimate as actual costs may vary due to bid and market fluctuations. , fi` $E t ' a October 23, 2001 HCE JOB NO: 2000051.01 - - fill: kNpmmntIlle520551051 rmtx6 UNIT ITEM QUANTITY UNIT COST; COST Grade ed Ear1'%war 4 Mobilization 1 L.S. I 5,000.00 5,000.00 Earthwork 1 L.S. I 10,000.001 10,000.00 6" Class 6 ABC _ 270 C.Y. 22.00 5,940.00 4 4 6" Class 3 ABC 270 C.Y. 22.004 5,940.00 8" D50 riprap 2' thick _ 75 C.Y. 24.00 1,800.00 1 Storni," ns< . _. , s.. . 18" ADS N -12 culvert 1 65 L.F. I 26.00; 1,690.00 24" ADS N -12 culvert I 45 i L.F. 1 28.00 1,260.00 18" ADS flared end section 2 i Each 250.00 500.00 24" ADS flared end section i 2 l Each i 275.00 550.00 Pipe removal i 1 L.S. 250.00 W -- . 250.00 Shalld w iTtilitres . by corrtraet r 4' Utility Trench - Electric /Telephone 1 680 i L.F. i 5.00, 3,400.00 Utility Boring 1 40 i L.F. i 130.00' . 5,200.00 4" «Schedule 40 Conduit - Telephone 1 720 i L.F. 1 3.00? 2,160.00 Miscellumeint g .a ►. '• Revegetation i 1 i L.S. € 3,000.00: 3,000.00 Hay Check Dam 2 i Each 75.00; 150.00 Sediment Control Fence 120 j L.F. I 150.00! 18,000.00 Sha11diiiittBSB`�',e= _;�.._ 0. • ..._.._ Natural Gas line - ESTIMATE 1 L.S. 20,450.00. 20,450.00 Electric Utility - ESTIMATE _ « 1 1 L.S. 1� 16,000.001 16,000.00 Telephone Utility - ESTIMATE I L.S. 2,000.00 2,000.00 1ST.1B TOTAL 1 $103,290.00 10% Contingency I $10,329.00 TOTAL , .3 ` This summary of probable construction cost was prepared for estimating purposes only. It does not include estimates far: Soils Testing, construction surveying, construction administration and inspection, or any permitting required by local governments. High Country Engineering, Inc. cannot be held responsible for variances from this estimate as actual costs may vary due to bid and market fluctuations. February 20, 2002 Garfield County Planning 109 8th Street, 3rd Floor Glenwood Springs, CO 81601 Attn: Mark Bean 1 i 11111 111111 iiiii i 11111 1111111 111 11111 1111 1111 603360 06/14/2002 04:28P B1354 P892 M ALSDORF 9 of 10 R 0.00 D 0.00 GARFIELD COUNTY CO RE: T.O. Ranch Subdivision HCE Project No. 2000051.01 Gentlemen: Exhibit B Based on periodic observations of the construction completed for the above referenced project, the road, earthwork and utility improvements shown on the Preliminary Plans approved by Garfield County have been completed in compliance with the Subdivision's Improvement Agreement, preliminary plans, construction documents, and Garfield County Regulations, except as noted below. The one exception is the placing of an asphalt driveway apron (required by the County Road and bridge staff) that would extend from the existing edge of pavement of County Road 100 to the edge of the right -of -way of the newly constructed road. This item shall be completed by the end of April 2002. The delay in construction is due to a winter shutdown of asphalt plants that are not expected to reopen until April of 2002. The estimated quantity of asphalt for the apron is 155 square yards. The contractor, Tamerrel Excavation, Inc., is not able to give an estimate at this time because asphalt prices are not available. Based on experience, at a cost of $12 per square yard, the apron would cost approximately $660 plus an additional $500 for mobilization bringing the total cost up to $1160 for the additional work. This statement of completion shall in no way relieve any other party from meeting requirements imposed by contract or other means, including commonly accepted industry practices. On the owner's behalf, we are requesting that the collateral requirement for . approval fo the final plat for road, earthwork and utility improvements be waived by the county. Please contact me if you have any questions or need additional information. Sincerely, HIGH ! NTRY ENGIN y +. NG, IN Roger r Neal, P. Principal RDN cc: Mary Anne Hyde, T.O. Ranch Holdings Ron Liston, Land Design Partnership 1517 Blake Avenue, Ste. 101 Glenwood Springs, CO 81601 phone 970 945 -8676 • fax 970 945 -2555 14 Inverness Drive East, Ste. D -136 . Englewood, CO 80112 0501 8 Phone 303 925 -0544 • far 301 47 s -A i47 ni.nit.. 071) Q 41)- nnarri = l._.-%►7A- DCo 1 111111 hill 11111 full 111 1111 1111111111 Ills 603360 05/14/2002 04:28P 81354 P893 M ALSOORF 10 of 10 R 0.00 D 0.00 GARFIELD COUNTY CO NOTICE REGARDING BUILDING PERMITS TO: All purchasers of Homesites within the T.O. Ranch Subdivision, YOU ARE HEREBY NOTIFIED, that under applicable Garfield County regulation you may not commence construction of a residence within unincorporated Garfield County, including the T.O. Ranch Subdivision ( "Property "), prior to issuance of a building permit by Garfield County and no residence may be occupied prior to the issuance of a certificate of occupancy by Garfield County. Under the terms of the Subdivision Improvements Agreement between the Board of County Commissioners for Garfield County, Colorado and T.O Ranch Holdings, LLC and the subdivision approvals issued for the T.O. Ranch Subdivision, Garfield County will not issue building permits for the Property unless it can be demonstrated to the satisfaction of the Carbondale & Rural Fire Protection District that there is adequate water available to the construction site for the Fire District's purposes and all applicable Fire District fees have been paid to the District. Furthermore, no certificate of occupancy for any residences contained within the Property will be issued by Garfield County unless it can be demonstrated to the satisfaction of the Garfield County Department of Building and PIanning that all subdivision improvements have been completed and are operational in accordance with the Subdivision Improvements Agreement. T.O. RANCH HOLDINGS, LLC a Colorado Limited Liability Company By Mary Ann Hyde, Manager The foregoing was read and understood by the undersigned Purchaser of a Homesite within. the Property. By Homeowner Building Permit Declaration 16- Oct -DO