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HomeMy WebLinkAbout1.0 ApplicationBa.r,coMB & GREEN, P.C. ATTORNEYS AT I,AW P.O. Dnawrn 79O B1B ColonaooAveNue GleNwooo SpRINcs, Colonapo B 1602 OF CouNsEL: KENNETH BALcoMB JoHN A. THULSoN EDWARD MULHALL, JR Scorr BALcoMB LAWRENCE R. GREEN TrMorHY A. THULSoN DAV|D C. HaLLFoRD CHRISToPHER L. COYLE THoMAS J. HARTERT NS YORK ANO MIS5OURI Telepnorue: 970.945.6546 FRCSTULe: 970.945.8902 CHRTSToPHER L. GETGER ANNEMARIEMCPHEE @ DEBoRAH DAVIS* SARA M. DUNN April13,2005 RECEIYED APR 1 3 2005 ,",f,Hi:i%tr^ffi,il Fred Jarman Garfield County Building and Planning Department 108 8d'Street, Suite 201 Glenwood Springs, CO 81601 Re: Final Plat Documents for Monument Ridge Subdivision Dear Fred: I enclose for filing with your office the Final Plat documents for the Monument Ridge Subdivision which, as noted below and discussed with you yesterday, incorporate the final requested modifications requested by you, Don DeFord and Scott Aibner. These documents are: L. Final Plat, Monument Ridge Subdivision (Mylar form) - As indicated therein, all required signatures but for the Chairman of the Board and Clerk have been obtained. But for the surveying corrections - which heretofore have been approved by Scott Aibner - this Final Plat differs from previous iterations only with respect to Plat Note 21 which, as discussed yesterday with you, has been amended to read verbatim to that requested by you in your correspondence to me of March '1.0,2005. A full Paper copy of the Mylar has been included together with the package containing the Construction Documents noted below. 2. Stamped Construction Drawings - These documents have been amended only to the extent required to include as an obligation of the developer construction of the driveway culverts for Lots 13-1,6 in accordance with Michael Erion's comments of March 23,2005. Although I failed to note this modification above, the Final Plat was also amended to remove the Plat Note which made construction of these driveway culverts obligations of the future Lot owners of Lots 1,3-1,6. Because these documents are incorporated by reference within the S.I.A. and the costs of said construction has been included in the Estimated Costs contained within the S.I.A. as Exhibit A, this BAr,coMB & GnnnN, P.C. A'ITORNEYS A'I I:A-W Mr. Fred Jarman Ap.iI 13,2005 Page2 construction obligation is now clearly an obligation of the developer. As you will note from Mr. Erion's correspondence of March 23'd, this was the sole remaining modification requested by him. 3. Executed Quitclaim Deed by and between Monument Ridge LLC as Grantor and The Board of County Commissioners of Garfield County as Grantee conveying the public streets, roads and public access ways identified within the Final Plat. This document was PrePared pursuant to the request of Don DeFord who wanted a separate conveyance in addition to the dedication language contained within the Final Plat. 4. Subdivision Improvements Agreement - This document has been amended to incorporate verbatim the amendments requested by you in your correspondence to me of March 10,2005, specifically: a. Paragraphl}.A.2 of the S.I.A. was amended to require the developer to record the Notice of Release required under that Paragraph; and b. The Notice regarding building permits was amended to include as a condition to the issuance of a Certificate of Occupancy that all appropriate water facilities be conshucted and operational in accordance with the Subdivision Improvements Agreements and have been conveyed to the Homeowners Association. 5. Amended and Restated Declaration of Covenants, Conditions and Restrictions for Monument Ridge - This document remains unchanged for the previous iterations thereof approved by Staff. 6. Homeowners Association Agreement - This document is merely an executed version of that document incorporated within the S.I.A. as Exhibit B and will be recorded at the time of the filing of the S.I.A. as a condition of the S.I.A.. Along with the above-referenced original documents I have also provided herewith for your reference a copied full set of the same together with acheck made payable to the Garfield County Treasurer to cover the latest invoice received from your department under the Invoice dated March 29,2005, also provided herewith. As previously discussed with you, it is the intent of Monument Ridge LLC to have these documents approved by the Board of County Commissioners, executed by the Chairman and then held by the County Clerk and Recorder pending the posting-by Monument Ridge LLC of appropriate security. The regulations providein this r.g*a - for a90 day period for filing. It is my understanding that becauJe of this request this matter may not be scheduled on the consent agenda but rather must be taken up by the Board in a public meeting, which it is also my understanding will occur this upcbming BALCoMB & GREEI\I, p.C. ATTORNEYS AT IJAIV Mr. Fred Jarman Aprit 13,2005 Page 3 Monday, April 1'8,2005. I would appreciate if you could confirm with me this setting before the Board of County Commissioners. Should you have any questions or concerns regarding any of the above, please feel free to contact me at your convenience. TAT/pb Enclosures cc: Noel Richardson (with enclosures) Very truly yours, BALCOMB & G By, QUIT CLAIM DEED THIS DEED, made this t.# day of .Zn 2OO5 between MONUMENT RIDGE, LLC, a Colorado limited liability (,omparry, ("Grantor"), and THE BOARD OF COLINTY COMMISSIONERS OF GARFIELD COUNTY, COLORADO, ("Grantee"): WITNESSETH, That the Grantor, for and in consideration of the sum of Ten Dollars and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, has remised, released, sold, conveyed and QUIT CLAMED, ffid by these presents does remise, release, sell, convey and QUIT CLAM unto the Grantee, its successors and assigns forever, all the right, title, interest, claim and demand which the Grantor has in and to the real property, together with improvements, if any, situate, lying and being in the County of Garfield and State of Colorado more particularly described as follows: All streets, roads and public access ways identified and described within the Final Plat, Monument Ridge Subdivision heretofore recorded within the records of the Clerk and Recorder for Garfield County, Colorado, on ,2005, as ReceptionNo. TO HAVE AND TO HOLD the same, together with all and singular the appurtenances and privileges thereunto belonging or in anywise thereunto appertaining, and all the estate, right, title, interest and claim whatsoever, of the Grantor, either in law or equity, to the only proper use, benefit and behalf of the Grantee, its successors and assigns forever; subject to all of the rights reserved by Grantor to utilize the same set-forth within the Declaration of Protective Covenants for Monument Ridge Subdivision recorded in the records of the Clerk and Recorder for Garfield County, Colorado on 2005, in Book at Page and Reception No. IN WITNESS WHEREOF, the Grantor has executed this deed on the date set forth above. STATE OF COLORADO COLTNTY OF GARFIELD Subscribed and sworn to before me this lJd a"y of ,zoo{by Edward Noel Richardson, Manager of Monument Ridge,LLC, a blorado Limited Liability ) ) ss. ) Edward Noel flIm i. ,nBHeu* io S'rt'r,ri9 Company. - S.t,* Gi,t* \1..K.,..,.- Notary Pubfd My Cbmmission expires: -S\o-fl*doO S ri. Upon recording retum to: Monument Ridge LLC c/o Noel Richardson, Manager 1586 County Road 300 Parachute, CO 81635 SUBDIVISION IMPROVEMENTS AGREEMENT (Monument Ridge Subdivision) THIS AGREEMENT is made and entered into this - day of 2005 by and between MONUMENT RIDGE,LLC, a Colorado limited liability company ("Owner") and the BOARD OF COUNTY COMMISSIONERS OF GARFIELD COUNTY, STATE OF COLORADO, ("County" or "Board"). WITNESSETH: WHEREAS, Owner is the owner and developer of that certain real property located within Garfield County, Colorado, heretofore known as Lots 4 and 5, Monument Ridge Exemption ("Subdivision Property") as is more particularly described within the Monument Ridge Subdivision Exemption Plat recorded in the records of the Clerk and Recorder for Garfield County, Colorado on June 19 2002, as Reception No. 605517; WHEREAS, On December L0,2002, the Subdivision Property received from the County Preliminary Plan subdivision approval ("Preliminary Plan Approval") pursuant to Resolution No. 2002-t06, a copy of which was recorded in the records of the Clerk and Recorder for Garfield County, Colorado on December 10, 2002 in Book 1415, at Page 533 and Reception No. 616317; WHEREAS, Owner has submitted to the County for its approval the Final Plat for the Subdivision (hereinafter "Final Plat"); 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 WHER-EAS, Owner has agreed to execute and deliver a letter of credit 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 the sale of properties, all as more fully set forth herein below. NOW, THEREFORE, for and in consideration of the premises and the following mutual covenants and agreements, the parties hereby agree as follows: l. 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. OWNERTS PERFORMANCE. Owner has constructed and installed or shall cause to be constructed and installed, at its own expense, those subdivision improvements ("lmprovements") related to 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 ZoningCode 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: (l) Relocation of all fences and/or structures currently existing within the 60-foot right-of-way (30 feet from the respective center lines of CR 300 and CR 303) that abuts the Monument Ridge Subdivision. (2) Roadway improvements, 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: a. Monument Ridge Grading, Drainage and Erosion Control Plan (HCE Sheet 4); b. Monument fudge Subdivision Proposed Cul-de-sac Plan and Profile (HCE Sheet 5); e. Monument Ridge Subdivision Dry Creek Road Plan and Profile (HCE Sheet 5A); d. Monument Ridge Subdivision Monument Gulch Lane Plan and Profile (HCE Sheet 5B); and e. Monument Ridge Subdivision Master Utility Plan (HCE Sheet 6) (3) Re-vegetation, Weed management and soil management plan set forth in correspondence from Noel Richardson to Steve Anthony of May 5,2004. (4) Water distribution systems and irrigation systems, as more particularly described within the following identified plans prepared by Zancanella and Associates,Inc. and submitted herewith as part of the Final Plat: 7); 2005. a. Monument Ridge Subdivision Central Well System Details (HCE Sheet b. Monument Ridge Subdivision lrigation Plan (HCE Sheet 8); and c. Correspondence from Tom Zancanella to Michael Erion of January 20, F. The Improvements shall be completed unless otherwise extended by the Board within 180 days of the execution of this Subdivision Improvements Agreement. The County agrees that if all required improvements are installed in accordance with this Agreement, the Final Plat Documents, the as-built drawings to be submitted upon completion of the Improvements and 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 with respect to the installation of the improvements. 3. SECURITY FOR IMPROYEMENTS. a. Letter of Credit. 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 $310,155.00, which is the estimated cost for completion of the Improvements, less any amounts certified as complete on the date of filing hereof, as set forth and certified by High Country Engineering, lnc on Exhibit A attached hereto. 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 . 4-5-107(a) 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 Letter of Credit to be retained for re-vegetation of landscaping Improvements in accordance with Paragraph 3(c) herein below, the Letter of Credit must be valid for a minimum of six (6) months beyond the completion date for the Improvements. 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 Letter of Credit shall be similarly extended. Additionally, should the Letter of Credit 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 [mprovements, 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 Letter of Credit. The County shall release portions of the Letter of Credit as portions of the Improvements are completed to the satisfaction of the County. Certification of completion adequate to authorize release of security must be submitted by a licensed or registered engineer. Such certification authorizing release of security shall certiff 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 obtain release for a portion of the security upon proof (i) that Owner has a valid conffact 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 of such submission of a certification of completion speciffing 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 that were certified as complete. If a letter of potential deficiencies is issued which identifies a portion of the lmprovements certified as complete 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 amount of security that relates to the Improvements certified as complete and 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 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, and the County shall provide Owner a reasonable period of time to cure any deficiency prior to requesting payment from the Letter of Credit. c. Security for Re-veeetation. The cost of Iandscaping Improvements is set forth in Exhibit A and includes an amount sufficient to provide for full re-vegetation as required under the Preliminary Plan Approval. The Letter of Credit required hereby shall provide security for all costs of re-vegetation. The Certificate of Completion for landscaping Improvements shall set forth the costs of re-vegetation, and such amount shall be retained as security flor a period of two (2) years following completion. At the conclusion of that two (2) year period the amount of security retained for re-vegetation shall be released by the County upon receipt and acceptance of a certified letter from the Garfield County Weed Management Director that such re-vegetation is complete and that the re-vegetation is established. d. Substitution of Letter of Credit. The County may, at its sole option, permit the Owner to substitute collateral other than a Letter of Credit in such form as may be acceptable to the County for the purpose of securing the completion of the Improvements as herein above provided. e. Recordine of Final Plat. No Final Plat shall be recorded pursuant to this Agreement until the Letter of Credit described in this Agreement has been received and approved by the County. 4. of Occupancy WATER SYSTEMS Domestic Water System. Prior to the issuance by the County of Certificates any homes located and constructed within the Subdivision, owner shall a. for construct and convey, pursuant to the HOMEOWNERS ASSOCIATION AGREEMENT attached hereto as Exhibit B, to the Monument Ridge Homeowners Association, Inc, a Colorado non-profit corporation ("HOA") all appurtenant improvements to the domestic water system located within the Subdivision, including the water wells and permits therefore, all water lines, all applicable water rights, and all easements and rights of way necessary to properly operate and maintain the domestic water system improvements as they shall be constructed and located and in place. of Occupancy lrrisation Water System. Prior to the issuance by the County of Certificates any homes located and constructed within the Subdivision, owner shall construct and convey, pursuant to the HOMEOWNERS ASSOCIATION AGREEMENT attached hereto as Exhibit B, to the HOA, all appurtenant improvements to the irrigation water system located within the Subdivision, including the headgates and measuring devices therefore, all water lines, all applicable water rights, and all easements and rights of way necessary to properly operate and maintain the irrigation water system improvements as they shall be constructed and located and in place. 5' ROADS. All roads within the Final Plat shall be dedicated to the public as public rights-of-way. The HOA shall be solely responsible for the maintenance, repair and upkeep of said roads. The County shall not be obligated to maintain any roads within the subdivision. 6. INDEMNITY. To the extent allowed by law, Owner agrees to indemniff and hold the County harmless and defend the County from all claims that may arise as a result of Owner's installation of the Improvements required pursuant to this Agreement. However, Owner does not indemniff the County for claims made asserting that the standards imposed by the County are improper or the cause of the injury asserted. The County shall be required to notify Owner of receipt of a notice of claim, or a notice of intent to sue and shall afford Owner the option of defending any such claim or action. Failure to notiff and provide such written option to Owner shall extingulsh the County's rights b. for under this paragraph. Nothing herein stated shall be interpreted to require Owner to indemniff the County from claims which may arise from the negligent acts or omissions of the County or its employees. 7. TRAFFIC IMPACT FEES. The Subdivision is located in Garfield County Traffic Study Area 1. Owner shall pay a traffic impact fee to Garfield County of $625.09 or such other amount as may be established by Garfield County regulations in effect at the time of approval of the Final Plat. Owner shall calculate the appropriate amount of traffic impact fees. Owner shall pay one half this amount at the time the Final Plat is approved and the owner or as applicable, subsequent lot owners shall pay the other half in 17 equal payments, one payment (lll7) due at the time a building permit is issued for each of the 17 lots in the Subdivision. 8. SCHOOL IMPACT FEES. The approval of the Final Plat constitutes approval of 17 single-family lots and an equal number of dwelling units. The School Land Dedication Impact Fee shall be $200.00 per dwelling unit or such other amount as may be established by regulations in effect at the time of approval of the Final Plat. Owner is obligated to pay these school impact fees at the time the Final Plat is recorded in the records of the Clerk and Recorder for Garfield County, Colorado and waives any claim that it is not obligated to pay said fees. Subsequent to recording of the Final Plat, Owner will not claim, nor is Owner entitled to, a reimbursement of the school impact fees paid in conjunction with this Agreement. 9. recording of Colorado. 10.RESTRICTIONS ON SALE - SUBDIVISION LOTS 11 AI\D 12. A. Prior to the execution of any contract for sale of those Subdivision Lots identified within the Final Plat as Lot 11 and Lot 12, Owner shall: l. Present for execution to the Grantee thereof the Notice and Release attached hereto as Exhibit C and incorporated herein by this reference; and 2. Record the Notice and Release in the records of the Clerk and Recorder for Garfield County, Colorado within ten (10) days of execution of said contract for sale or prior to recording any deed transferring any interest in Lot 1l and 12, whichever time period is less. B. The provisions contained within the immediately preceding paragraph hereinabove shall be deemed to be of no application in the event: 1. Ownerobtains a final and non-appealable order in Case # 04 CV 03, Garfield County District Court, Colorado, confirming that no portion of the public road at issue therein traverses or lies across said lot or lots. In such event, the Owner and the County shall execute an addendum to this agreement acknowledging the satisfaction of this provision and shall cause said SALE OF LOTS. No lots within the Subdivision shall be conveyed prior to the Final Plat in the records of the Clerk and Recorder for Garfield County, addendum to be recorded in the records of the Clerk and Recorder for Garfield County, Colorado; or 2. Owner obtains a final and non-appealable order in Case # 04 CV 03, Garfield County District Court, Colorado, confirming the location of the public road at issue therein as it traverses or lies across said lot or lots. In such event, Owner shall present to the County pursuant to the procedures set forth within Section 6:00 the Subdivision Regulations of Garfield County of 1984 (March 2003) and amended Plat incorporating within and dedicating to the County as a public road all portions of the public road, all portions of the at issue public road as adjudicated under said Court order. The amended Plat shall incorporate a Plat Note acknowledging that its filing satisfies all requirements of this provision. 11. 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. No building permit shall be issued until the Owner demonstrates to the satisfaction of the Grand Valley Fire Protection District (the "Fire District") that adequate water is available for the Fire District's purposes at the site of construction. Further, no certificate of occupancy shall be issued for any building or structure within the Subdivision until all Improvements relating to the domestic water system have been completed and are operational, as required by this Agreement. Finally, prior to the conveyance of any lot within the Subdivision, Owner will provide to the purchaser of that lot a signed copy of Exhibit D attached hereto, notiffing the owner of the foregoing restrictions upon issuance of building permits and certificates of occupancy. 12. 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. 13. CONSENT TO YACATE PLAT. [n 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. 14. 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. 15. 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. 16. VENUE AI\D 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. 17. 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. 18. 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 Monument Ridge, LLC, c/o Edward Noel Richardson, Manager 1586 County Road 300 Parachute, CO 81635 with copy to: Timothy Allen Thulson Balcomb & Green, P.C. 818 Colorado Ave. Glenwood Springs CO 81601 ENTERED INTO the date first above written. BOARD OF COUNTY COMMISSIONERS OF GARFIELD COI.INTY, COLORADO By: Chairman ATTEST. Clerk to the Board By: STATE OF COLORADO ) )ss. cor-INTY OF GARFIELD ) Subscribed and sworn to before me this lJ& auv of Edward Noel Richardson, Manager of Monument Ridge, LLC, a Company. MONUMENT RIDGE, LLC A COLORADO LMITED LIABILITY COMPA}IY 8r)t', by olorado Limited Liability Notary PublIcJ My Commission expires: rl'rtc-a \ , aoOS Edward Noel Richardson, Manager fl:l''U: -cete i?. vAGltEuR .; %* Exhibit A of S.I.A. (Certified Costs) April6,2fi)5 HCE JOB NO: 2000060.01 QUANTITY I.JNIT I.JMTCOST ESTIMATED COST Vlobilization L.S.500.00 1,000.m Earthwort 0ntemal Roads)I L.S.20,000.00 20,000.00 t" Class 6 ABC (Internal Roads)540 Y.23.0t t2,420.00 " Pitrutr 1080 Y.20.0c 2r,600.00 Earihwork (Cormtv Road 3fi)) (inc. culvert olacment)L.S.2.000.0c 2,000.00 ['Class 6 ABC (Countv Road 300)80 Y.23.U r,840.00 l'Pitnm (Counw Road 300)160 Y.20.0c 3,200.00 t'Class 6 (Access Drives)80 Y.23.N I,840.00 24" Dira- CMP Culvert 30 L.F.30.0(900.00 l0" Dia. CMP Culvert 80 F.36.0C 2,880.00 ltr/ater Scrrrice Line 4n Sch. 40 (inc. trenchine.210 L.F.18.00 3.780.00 bacldll. and conrpaction) WaterWells 8 Each 3.187.50 25.500.00 Curt Stops IJ Each 200.00 3,000.00 Meter Pits Each 700.00 4,200.00 Installation of Meter Pits Each 150.00 900.00 hrstallation of Well Punos Each 4.000.00 32,000.00 Punp Test Each 500.00 4,000.m Blectrical lnstallation for punps and equipment Each 1.000.00 8,000.00 frenchinc. Backfi ll. and Conrpaction 520C L.F.5.00 26,000.00 feleohone / Cable (Owest)I L.S.8,700.0c 8,700.00 Electric (Holy Cross)I L.S.40.000.0(40,000.00 6'PIP (E0 lbs)3944 L.F.8.00 31.520.00 6' Scree,n Boxes Each 125.00 250.00 1.5" HDP Pipe (inc. installation)944 L.F.3.00 2,820.0( 1.5" Ball Valve I L.S.25.00 25.U 6" Ball Valve 7 L.S.I10.00 770.N 8" PVC Pipe 20 L.F.9.00 180.0c Slide Gate I L.S.300.00 300.0c Rwccetate/Landscape (0.79 acre)I L.S.2.000.0c 2.000.m Erosion and Sediment Conrol I L.S.2.000.0c 2,000.00 Class I Ground Sim (Srea.Stoo. Soeed. Etc.)Each 250.m r,250.00 Fence Relocation -<<;ss\200(L.F.3.m 6,000.00 -fla,6 RFnB\, _#/er$f.i:.::. :1..;.:u 4OXl SUBTOTAL $270,t75.00\gl4oTf' ryc'.{fc^\i -fY/tl . .ffi- V ENGIITIEERING / INSPECTION sl0,trc0.00T// K.IVATER ENGINEERING sr0.000.00)y //c..rvla .t ATTORNEY FEES s2.000.00 4-V r t ,t.lo-!.' '% CONTINGENCY FEE $t3,500.00 t".+^\,.-V I I a | -q1.+" tl \tB.sil'.'::'."'?$v7 SUBTOTAL f}06J75.00 \:rYtrr--=:/ THIS SUMMARY OF PROBABLE CONSTRUCTION COST WAS PREPARED FOR ESTMATING PURPOSES ONLY. HIGH COI.JNTRY ENGINEERING IS NOT RESPONSIBLE FOR VARIANCES FROM THIS ESTIMATE AS ACTUAL COSTS MAY VARY DUE TO BID AND MARKET FLUCTUATIONS. THIS PRICE ALSO DOES NOT INCLUDE TI{E SHALLOW UTILIry COMPANIES SOFTCOSTS, I ri [: T ,;,- t.;;;:1.r,!.-i,1.ii.,i,:':'1::.' .,, ' .: . !:\: '.r: ', .. ' .' ,r.I 2 5 I Exhibit B of S.I.A. (Homeowner Association Agreement) t2 HOMEOWNERS ASSOCIATION AGREEMENT This Agreement is made and entered into this _day of 200-, by and between Monument Ridge, LLC, a Colorado limited liability company ("Owner") and Monument Ridge Homeowners Association, a Colorado non-profit corporation ("Association"); WHEREAS, Owner is Garfield County, Colorado, particularly described on the Garfield County, Colorado on the owner and developer of certain real property located within also known as the Monument Ridge Subdivision and more Final Plat recorded in the Office of the Clerk and Recorder for as Reception No.("Subdivision"); WHEREAS, the rights and obligations of the Owner and the Association instant to the Subdivision's water supply facilities, intemal road system, utilities, corrmon areas, landscaping and other facilities of the Subdivision are set forth within the Declaration of Protective Covenants for Monument Ridge Subdivision recorded in the Office of the Clerk and Recorder for Garfield County, Colorado on ("Declaration"); in Book _, at Page and Reception No. WHEREAS, a Subdivision Improvements Agreement ("SIA") between Owner and the Board of County Commissioners for Garfield County recorded in the Office of the Clerk and Recorder for Garfield County, Colorado on .in Book _, at Page and Reception No. -,setsforththeobligationsoftheownerinstanttotheconstructionoftheSubdivision's water supply facilities, internal road system, utilities, corrunon areas, landscaping and other facilities with the subdivision; and WHEREAS the parties hereto wish to enter into an Agreement between themselves in order to reflect each others duties and responsibilities instant to the control and regulation of the Subdivision components above described pursuant to the Declaration and SIA above described. NOW THEREFORE, for consideration of the mutual promises contained herein the parties agree as follows: 1. Simultaneously with the execution of this Agreement, Owner shall execute a Quit Claim Deed transferring to the Association the following: A. Colorado Division of Water Resources Well Permit Nos. 057705-F , 0577 4-F, 05770-F , 57 520-F , 057703-F, 056572-F, 057702-F, 057701-F, 57700-F ("Well Permits"); B. All access, drainage and utility easements within the Subdivision as more particularly described within the Final Plat for the Monument Ridge Subdivision recorded in the records of the Clerk and Recorder for Garfield County, Colorado on at Page and Reception No. ('Final Plat"); and in Book _, C. Any and all water rights appurtenant to the RF Ditch and the Musconetcong Ditch. l3 2. Upon completion of construction thereof in provisions of the SlA, Owner shall execute and Association the following: accordance with the terms, conditions and deliver a Bill of Sale transferring to the A. The domestic water facilities ("Domestic System") and all appurtenances to the Domestic System, including without limitation, wells, pumps, pipelines and appurtenant facilities; and B. The irrigation water facilities ("Irrigation System") and all appurtenances to the Irrigation System, including without limitation, ditches, head gate, and measuring devices. 3. The Association agrees to accept such conveyance as set forth in Paragraphs I and 2 above, and agrees to own, operate, maintain, repair and replace the water facilities, internal road system, utilities and other facilities of the Subdivision for the benefit of the lot owners of the Subdivision in strict compliance with the terms and conditions of the following: All conditions of approval for the Subdivision as set forth by the Board of County Commissioners for Garfield County, Colorado in Resolution No. 2002-106, recorded within the Office of the Clerk and Recorder for Garfield County, Colorado on December 10,2002 in Book 1415, at Page 533 and Reception No. 616317; The terms, conditions and provisions contained within the Declaration; The terms, conditions, provisions rules and regulations set forth within or otherwise appertaining to domestic wells under the well permits; C' West Divide Water Conservancy District Water allotment contract No. 0l0s3lMRHA(A). 4. The Owner agrees to complete the obligations set forth in the SIA and to install those improvements within the Subdivision in accordance with said agreement. A. B. 5. The Owner hereby assigns to the Association any and associated with the facilities and improvements conveyed to the received or shall receive. all guarantees and warranties Association that the Owner has 6. Except as expressly provided herein, the Association herein agrees to indemnify and hold harmless the Owner and its agents for any claims associated with the conveyance, use, operation, maintenance, repair and replacement of the property and facilities described in paragraph l, above. The Association agrees to comply with the terms and conditions of, and hereby assumes the Owners' obligations under the agreements and instruments set forth in paragraphs I and 2 above. 7. Subject to the Owners obligation in paragraph 3, by accepting the herein described property, easements, facilities, and all related obligations, responsibilities, duties and t4 requirements, the Association herein releases the Owner, its agent and assigns, from all future responsibility, liability or obligation accompanylng or associated with the subdivision property and facilities conveyed as described in paragraphs 1 and 2, above, and releases the Owner from any and all claims that may hereafter be made with respect to such items. The Association accepts such property "as is" without guarantee or warranty from the Owner of any kind. Nothing in this paragraph is intended to waive the Owners' obligation set forth in paragraph 3 above. 8. The warranties and obligations of the parties set forth herein that require performance after the conveyance of the deed(s) that are the subject of this Agreement, shall survive the conveyance of said deed(s) and shall not merge therewith. 9. This Agreement shall be binding upon and inure to the benefit of the heirs, successors and assigns of the parties hereto. 10. Upon execution and coincident with the filing of the Final Plat, this Agreement shall be recorded with the Clerk and Recorder for Garlield County, Colorado. IN WITNESS WHEREOF, this Agreement is executed on the day and year set forth above. Monument Ridge, LLC, a Colorado Limited Liability Company By Edward Noel Richardson, Manager Monument Ridge Homeowners Association Edward Noel Richardson, Manager By STATE OF COLORADO ) )ss. COUNTY OF GARFIELD ) Subscribed and sworn to before me this day of -,bY Edward Noel Richardson, Manager of Monument Ridge,LLC, a Colorado Limited Liability Company. Notary Public Mv commission exoires: srATE OF COLORADO ) ) ss. COUNTY OF GARFIELD ) Subscribedandsworntobeforemethis-dayof-,200_,byEdwardNoel Richardson, Manager of MONUMENT RIDGE HOMEOWNERS ASSOCIATION. Notary Public My commission expires: - Q(nT CLAIM DEED THIS DEED, made this _ day of 2OO_, between MONUMENT RIDGE, LLC, a Colorado limited liability company, ("Grantor"), and THE MONUMENT RIDGE HOMEOWNERS ASSOCIATION,INC., a Colorado nonprofit corporation, ("Grantee"): WITNESSETH, That the Grantor, for and in consideration of the sum of Ten Dollars and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, has remised, released, sold, conveyed and QUIT CLAIMED, and by these presents does remise, release, sell, convey and QTIIT CLAIM unto the Grantee, its successors and assigns forever, all the right, title, interest, claim and demand which the Grantor has in and to the rial property, together with improvements, if any, situate, lying and being in the County of Garfield and State of Colorado described as follows: See Exhibit A attached hereto and incorporated herein by this reference. TO HAVE AND TO HOLD the same, together with all and singular the appurtenances and privileges thereunto belonging or in anywise thereunto appertaining, and all the estate, right, title, interest and claim whatsoever, of the Grantor, either in law or.quity, to the only proper rrr, benefit and behalf of the Grantee, its successors and assigns forever; suUiect to all oi the rights reserved by Grantor to utilize the same set-forth within the Declaration of Protective Covenantsfor Monument Ridge Subdivision recorded in the records of the Clerk and Recorder for Garfield County, Colorado on in Book at page and Reception No. IN WITNESS WHEREOF, the Grantor has executed this deed on the date set forth above. Monument Ridge, LLC Edward Noel Richardson, Manager STATE OF COLORADO COLTNTY OF GARFIELD ) ) ss. ) Subscribed and sworn to before me this _day of--, _, by Edward Noel Richardson, Manager of Monument Ridge, LLC, u Colo.udo Lir"iteA fiaUitity Company. Notary Public My Commission expires: Exhibit A of Homeowners Association Agreement t7 EXHIBIT A A. Colorado Division of Water Resources Well Permit Nos. 057705-F,05774-F,05770-F, O57 7 03 -F, 05 657 2-F, 057 7 02-F, 05 770 1 -F, and 05 7700-F; B. All access, water well drainage and utility easements within the Monument Ridge Subdivision as more particularly described within the Final Plat for the Monument Ridge Subdivision heretofore recorded in the records of the Clerk and Recorder for Garfield County, Colorado on inBook-atPage_andReceptionNo.-(''FinalPlat''); C. The domestic water facilities ("Domestic System), including without limitation, all wells, pipelines, pumps and appurtenant facilities; and D. The irrigation water facilities ("krigation System") and all appurtenances to the same. E. Any and all water rights appurtenant to the subdivision property deriving from the RF Ditch and the Musconetcong Ditch relating to the Quitclaim Deed that is also contained within Tab H behind the Homeowners Association Agreement. Exhibit A of Quitclaim to Hommwners Association Agreement l8 Exhibit C (Notice and Release) 19 NOTICE AND RELEASE THIS NOTICE AND RELEASE is entered by and between Monument Ridge, LLC ("Monument Ridge"),Colorado limited liability company and ("Purchaser") oard of CountY Commissioners of Garfield County, Colorado ("Board"). Recitals WHEREAS, Monument fudge is the Owner and Developer of Lot I I and I-at 12, Monument Ridge Subdivision, Garfield County, Colorado, according to the Plat thereof filed of record in the office of the Clerk and Recorder for Garfield County, Colorado on as Reception # WHEREAS, Purchaser wishes to purchase from Monument Ridge tr Lot 1l tr Lot 12; WHEREAS, said Lots 11 and 12 arepresently subject to claims pertaining to the existence of a public road which may or may not traverse over and across portions of said Lots; WHEREAS, the claims hereinabove identified are more fully set forth within the pleadings to that civil action filed in Garfield County District Court, Colorado under Case # 04 -CV Of, *hich pleadings are available for inspection in the office of the District Court Clerk located at 109 8th Street, Glenwood Springs, Colorado,8160l; and WHEREAS, Monument Ridge has made no representations or warranties to Purchaser regarding the existence or non-existence of a public road within (El Lot I 1 tr Lot 12) and has made no representations or warranties to Purchaser relative to the adequacy or inadequacy of the allegations related thereto as contained within Case # 04 CV 03. NOW, THEREFORE, for and in consideration of the premises in the following mutual covenants and agreements, the parties hereby agree as follows: 1. That the Recitals hereinabove set forth are true and accurate and are hereby ratified and confirmed. 2. That Purchaser shall and does hereby release and forever discharge Monument Ridge and the County, their agents, employees, personal representatives, successors and assigns from any and all claims, rights and causes of action of any kind or nature, known or unknown which thin or later pertain to or arise from the existence of an unplatted public road or right-of-way which traverses or otherwise impacts (tr Lot I I E Lot 12) to be purchased by purchaser. 20 3. Immediately following execution hereof, the parties agree that this Notice and Release shall be recorded in the records of the Clerk and Recorder for Garfield County, Colorado and the terms hereof shall constitute a covenant run in with Title 2 (E Lot I I tr Lot l2). MoNuvTpNTRIDGE, LLC A CoLoRADo LMITED LrnstrtrY CoupeNv By: Edward Noel Richardson, Manager srATE OF COLORADO ) )ss. COUNTY OF GARFIELD ) Subscribed and sworn to before me this day of -, bY Edward Noel Richardson, Manager of Monument Ridge, LLC, a Colorado Limited Liability Company. Notary Public My Commission expires: PuRcHesrR By: STATE OF COLORADO ) )ss. CoI-INTY OF GARFIELD ) Subscribed and sworn to before me this ,byday of Purchaser. Notary Public My Commission expires: 2l Exhibit D (Homeowners Notice Regarding Building Permits) NOTICE REGARDING BUILDING PERMITS TO: All purchasers of lots within the Monument Ridge Subdivision. YOU ARE HEREBY NOTIFIED, that under applicable Garfield County regulations you may not corlmence construction of a building within unincorporated Garfield County, including the Monument Ridge Subdivision ("Property"), prior to issuance of a building permit by Garfield County. Under the terms of the Subdivision Improvements Agreement between Garfield County and Monument Ridge, LLC and the subdivision approvals issued for the Property, Garfield County will not issue building permits for the Property unless it can be demonskated to the satisfaction of the Grand Valley 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 building located 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 Planning that all subdivision improvements, including all appropriate water facilities, have been completed and are operational in accordance with this Subdivision Improvements Agreement and have been conveyed to the Homeowners Association. Monument Ridge, LLC, a Colorado Limited Liability Company By: The foregoing was read Monument Ridge Subdivision. Edward Noel Richardson, Manager and understood by the undersigned Purchaser of Lot Purchaser Notice Regarding Building Permits By: 23 ( .lt AMENDED AND RESTATED DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR MONUMENT RIDGE TABLE OF CONTENTS WTINESSETH. .......1 ARTICLE I. APPLICABILITYOFRESTATEMENT ....,2 ARTICLE II. OWNERS-HOMEOWNERSASSOCIATION .......2A. Membership ......2B. AssociationMeetings.... .....3C. DeclarantControl .......4D. Purpose ......4 ARTICLE III. PERMITTEDUSES .......4A. PrimaryDwellingunits ......4B. Outbuildings. .....4C. AgriculturalUses .......5D. OtherUses ........5 ARTICLE IV.ARCHITECTURALCOMMITTEE.. .......5A. ArchitecturalCommittee. .....5B. ApprovalbyArchitecturalCommittee ... ......GC. Improvements-Sitelocation.. ........6D. BuildingPermit ....GE. Variances ....7F. GeneralRequirements. .......71. Matrials ........22. Sitelocation.... ......7 PreliminaryApprovals ... ....7 Architechrral and SiteDevelopmentPlans .....8ArchitecturalCommitteeNotliable ......8I{rittenRecords ........8 Authority to Promulgate Rules and Regulations . . . . . . . . . . 8 ARTICLE V. ISDSDESIGNANDPERFORMANCESTANDARDS ......8 G. H. I. t. K. ARTICLE VI. ISDSMANAGEMENTPTAN .......10 ARTICLE VII. RESTRICTIONS AND PROTECTIVE COVENANTS .. . . . . 11A. NoFurttrerSubdivision.. ....I1B. Duplexes/lVlulti-FamilyStructures ... ...1.2C. Fencing .....12D. Lighting ....12E. DomesticAnimals .....12F. Horses ......14G. Ranch and Farm Animals . . . .14H. Underground Utility Lines . . .14SenriceYardsandTrash .....14 NoMining Drilling orQuarryir,g.. .....14K. DomesticWaterl4rells .......1.4L. WastewaterTreatment.. .....15M. Hunting ....15N. TrashContainers .......15O. DamageWaiver ...15P. RemovalofCarcasses... .....16 O. Penaltieq/WildlifeRestrictions ....1G ARTICLE VIII. RESTRICTIONSONLOTS ....16A. Number and Location of Buildings . . . . . .1,6B. FireProtectionProvisions.... .....1GC. CompletionofConstmction .......17D. Used or Temporary Stnrcfures . . . . .17E. Enclosure of UnsightlyFacilities andEquipment ... .....12F. Noxious or Offensive Activity or Sounds . . . . .17G. AirQualityRestrictions .....19H. Fireanns .. .. 1gCommercialActivities... ....18l. GeneralRestriction ....18 ARTICLE IX. ASSESSMENTS-COLLECTION AND ENFORCEMENT .18A. Budget I. L B. Assessments .....n ll SpecialAssessments ...20 LienforNonpaymentofAssessments. .......20 EnforcementAction ....2L LimitationsonActions ......?2 ARTICLE X. RESERVEDEASEMENTS .....2?, A. Easements Shown on Final Plat . . ..?2 B. Easements forUtilities, Access and Repairs .. ..,...22 ARTICLE XI. INSURANCE .. .....23 A. Typesoflnsurance... .......23 ARTICLE XII. GENERATPROVISIONS ......?A A. RestatementtoRun ....?/l B. Enforcement.. ....V1 C. TernrinationofRestatement... ....2/l D. AmendmentofRestatement... ....?/L E. Severability.. ....?lL F. ParagraphHeadings ....2/L G. Limited Liability .......?.5 C. D. E. F. iii AMENDED AND RESTATED DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR MONUMENT RIDGE THIS AMENDED AND RESTATED DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR MONUMENT RIDGE (hereinafter this "Restatement'') made and entered into this -rl day of / ' , Z0OS, revokes in its entirety the DECLARATION OF COVENANTffiaONDITIONS AND RESTRICTIONS FOR MONUMENT RIDGE heretofore recorded in the records of the Clerk and Recorder for Garfield County, Colorado onluly 'l,2,2}O2in Book l3S9 atpage 103 and Reception No. 606907 (hereinafter the "Revoked Declaration"). The Revoked Declaration shall be replaced by this Restatement. WITNESSETH: WHEREAS, David Wasserman (hereinafter "Wasserman") is the present owner of Parcels l,Zand3of theMonumentRidge Exemption (hereinafterthe"Exemption parcels"), according to the subdivision exemption plat heretofore recorded in the records of the Cterk and Recorder forGarfield County, Colorado on fune lg,2frOZ as Reception No. 605517 (hereinafter the "Exemption Pla(); WHEREAS, Monument Ridge LLC, a Colorado limited liability company (hereinafter "Monument Ridge") is the owner of Monument Ridge Exemption parcels 4 and 5 as more particularly described within the Exemption plat; WHEREAS, Monument Ridge has re-subdivided the Monument Ridge Exemption Parcels 4 and 5 into 17 separate and individuat lots (hereinafter the "subdrivision iots") according to the plat heretofore recorded in the records of the Clerk and Recorder for Garfield Countyon 2005 as Reception No.(hereinafter the "Subdivision Plat"); WHEREAS, the Exemption Parcels and Subdivision Lots constitute %100 of the real property subjected to and burdened by the Revoked Declaration; WHEREAS, in approving the Subdivision Plat, the Board of County Commissioners for Garfield County, Colorado (hereinafter the "Board") imposed numerous restrictions and obligations uPon the Subdivision Lots additional to those imposed by the Board under its approval of the Exemption Plat and thus applicable to the Eiemption Lots; and Amended and Restated Restatement of Protective Covenants Monument Ridge Subdivision Page I of26 April 12,2005 WHEREAS, by this Restatement, Wasserman and Monument Ridge desire to create rules and a decision making process to govern the development of the Exemption Parcels and Subdivision Lots which, while offering the advantages of certain commonly managed amenities ,recogruzeand allow for the differences appertaining to said properties under the Board's approvals above stated. NOW THEREFORE, Wassennan and Monument Ridge, together as joint Dedarants and as the ownersof.l$l% of the propertytherebyimpacted herebymake this Restatement as of the date of its recording in the records of the Clerk and Recorder for Garfield County, Colorado ARTICLE I. APPLICABILITY OF RESTATEMENT This Restatement shall burden and run with the title to the real property hereinbelow identified as follows: A. Allof the Subdivision Lots contained and more particularlydescribed within the Subdivision Pla! and B. All of Exemption Parcels contained and more particularly described within the Exemption Pla0 provided however, that as against said property the provisions set forth within Artides VIII. B. and X. B. of this Restatement shall have no applicability. ARTICLE II. OWNERS - HOMEOWNERS ASSOCIATION A. Membership. The Association shall consist of the following three (3) dasses of membership 1. All persons or other entities (induding without limitation Dedarants) who own or acquire all or part of the fee simple title to any of Subdivision Lots by whatever means acquired shall be referred to herein as 'Subdivision Lot Owners". Each such Subdivision Lot Owner, or if more than one, all persons and entities collectively who are the owners of a respective Subdivision Lot shall automatically be considered to have, for each such Subdivison Lot owned, one membership interest in the Monument Ridge Homeowners Association ("fusociatio."), a Colorado non-profit corporation, in accordance with the Articles Amended and Restated Restatement of Protective Covenants Monument Ridge S ubdivision Page 2 of26 March 3,2005 the the of Incorporation of the Association, which have been filed with the Colorado Secretary of State, as the same may be duly amended from time to time. All persons or other entities (induding without limitation the Declarants) who own or acquire all or part of the fee simple title to any of the Exemption Parcels by whatever means acquired shall be referred to herein as "Exemption Parcel Owners". Each such Exemption Parcel Owner, or if more than one, all persons and entities collectively who are the owners of a respective Subdivision Lot shall automaticallybe considered to have, for each such Exemption Parcel owned, one membership interest in the association subject to the limitations hereinbelow set forth. 3. All persons or other entities (including without limitation the Declarants) who own or acquire all or part of the fee simple title to Subdivision Lots 1-8 by whatever means acquired shall be referred to herein as "bigated Lot Owners". Each Inrigated Lot Owner shall have all the rights, duties and obligations as those appertaining to a Subdivision Lot Owner as herein set forth together with those rights, duties and obligations appertaining to and arising from the operation, maintenance, repair and replacement of the piped irrigation system serving Subdivision Lots 1-8. Except as otherwise provided herein, each member shall be entitled to vote in Association matters pursuant to this Dedaration on the basis of one vote for eactr Lot owned. When more than one person holds an interest in any Lot, all such persons shall be Members. The vote for such Lot shall be exercised by one person or alternative Person (who maybe a tenant of the Owner) appointed by proxy in accordance with the Bylaws. In no event shall more than one vote be cast with respect to any one Lot B. AssociationMeetings. Meetingsof theAssociationforthepurposeof electing Execrrtive Board Members and affairs shallbe held at least once each year. Special meetings of the Association may be called by the President, by a majority of the Executive Board of the Association ("Executive Board") orby Owners having ten percent(LD%) of the votes in the Association. Not less than ten (10) nor more than ffi (50) days in advance of any meeting, the Secretaryor other officer specifiedin the Bylaws of the Association shall cause notice to be hand delivered or sent prepaid by United States mail to the mailing address of each Owner or to any other mailing address designated in wdting by the Owner. The notice of any meeting must state the time and place of the meeting and the items on the agenda, induding the general nature of any proposed amendment to this Dedaration or Amended and Restated Restatement of Protective Covenants Monument Ridge S ubdivision Page 3 of26 March 3, 2N5 the Bylaws, ffiy budget change or any proposal to remove an officer or member of the Board of Directors. C. Declarant Control. So long as Dedarant Monument Ridge retains fee tifle ownership to any Lot, Dedarant Monument Ridge shall be entifled to appoint and remove the members of the Association's Exectrtive Board and officers of the Association pursuant to all applicable procedures contained within the Association's Bylaws. D. Purpose. The Association actingby and through its Executive Board shallbe authorized and empowered to take each and every step necessary or convenient to the implementation and enforcement of this Restatement. The Association shall have the right and responsibility to maintain, preserve, repair, and otherwise protect and promote the interesti of the Owners with respect to all common properties, facilities and interests of the Owners and the Association. The Association shall maintain, repair, regulate and keep all roads and easements within the Subdivision including any such roads dedicated to the Countyof Garfield,Coloradoin good, safeandusablecondition totheextentthat suchmay be reasonably necessary, feasible and desirable. The Association shall also maintain, repair, regulate and keep all domestic water wells and facilities located within the Subdivision Lots and Exemption Parcels and all of the individual sewage disposal systems ("ISDS's") installed and located within the Subdivision Lots in good operating order in accordance with the tersrs and provisions of this Restatement. The Association may enter into agreements with thfud parties for the performance of the responsibilities of the Association above described. All costs and expenses incurred by the Association in connection with any of the foregoing shall be borne by the Members and shall be assessed, all as more fully provided herein. ARTICLE III. PERMITTED USES A. Primary Dwelling Units. Or,ly one (1) single-farnily dwelling unit shallbe permitted to be constructed on each Lot. The minimum size of a single-family dwelling shallbe 2000 square feet, exdusive of basements, open porches, decks, carports and garages. Guest houses shall be allowed pursuant to and upon application and approval of appropriate special use pennit(s) by the Board of County Commissioners for Garfield County, Colorado. B. Outbuildings. Outbuildings induding but not timited to, greenhouses, tool sheds, work Eueas, detached garages and the like, are perrnitted on all Lots within the Restatement of P rotective Covenants M o nument Rid ge S ubdiv is ion Page 4 of 26 Subdivision. The gross floor area of any single Outbuilding shall not exceed 2,000 square feet. C. Agricultural Uses. The raising and hawesting of crops, gardening, greenhouse, nursery and orchard uses and activities shall be pernritted within the Subdivision; provided however, that any and all such agricultural uses and activities shall remain subiect to all other applicable provisions and restrictions of this Restatement, including but not limited to those contained within Article VI, Sections F and G governing the stabling, boarding and keeping of animals and Artide VI Section H governing commercial uses. D. Other Uses. The following idenffied Other Uses shall be permitted within the Subdivision only upon the approval of the same by the Board of County Commissioners for Garfield County, Colorado pursuant to Section 9.02 of. the Garfield County Zontng Re gulation s : 1. Arts and crafts studio 2. Home occupation ARTICLE IV. ARCHITECTURAT COMMITTEE A. Architectural Committee. The fuchitectural Committee shall be composed of three (3) natural persons. Monument Ridge, may from time to time appoint and remove the members of thsArctritectural Committee in Monument Ridge's sole discretion, and the Executive Board of the Association shall have no authority to remove .rny member so appointed. Upon the sale of the last Lot, any new members of the Architectural Committee ri.utt be appointed by the Executive Board of the Association. The Persons serwing on the Architectural Committee shall serve at the pleasure of the Executive Board who may remove a member of the Architectural Committee, except a member appointed by Monument Ridge, and appoint a new member at any time, provided there shall at all times be ttuee (3) persons serving on the fuchitectural Committee. The members of the Architectural Committee may also be directors of the Executive Board and need not be Owners. The fuchitectural Committee shall have and exercise all the powers, duties and responsibilities set out in this instrument. The Architectural Committee shall not be obligated to have regtrlar meetings, but shall meet as necessary to conduct the business of the Commiftee. All members of the Committee shall be provided at least ten (10) days advance notice of all Committee meetings. Restatement of P rotective Covenants Monunent Ridge Subdiv ision Page 5 of26 B. Approval by Architectural Committee. No improvements of any kind, including, but not limited to, dwelling units, greenhouses, garages, tool sheds, work ateas, fences, walls, driveways, towers, antennae, satellite dishes, kennels, exterior lighting, corrals, flagpoles, curbs and walks shall be constructed, erected, altered or perrtitted to remain within the Subdivision unless the complete architectural and site development plans and specifications (and suchotheritems as areindudedin the"Plans" definedbelow) for such construction or alteration are approved by the fuchitectural Committee prior to the commencement of such work, except as Monument Ridge maybe specifically pennitted to do by this Restatement or required to do by any subdivision improvements agreement between the Monument Ridge and Garfield County. Re-vegetation of all infills and cuts willbe required. Atleastthree (3) complete setsof thearchitecturaland site developmentplans and specifications (collectively "Plans") shall be submitted to the fuchitectural Committee. All copies of the Plans shall be signed and dated for identification by the Owner or his architect. The Architectural Committee shall have the right to request whatever additional specification inforrnation, plans, specifications, reports and the like it deems necessary to evaluate the development proposal throughout the approval and construction process. In addition, thefuchitecturalCommitteemayadoptrules and regulationswhich shall specify additional information, reports, plans, specifications and the like required to be submitted to the Architectural Committee and to be deemed part of the Plans for all PurPoses hereunder. In the event the Architectural Committee fails to take any action within tttfuty (30) days after three (3) copies of the Plans have been submitted to it and the submittal has been certified in writing by the fuchitectural Committee as complete, then all of such submitted architectural plans shall be deemed to be approved. The Architectural Committee shall not unreasonably disapprove any Plans . The majority vote of the full number of members of the Architectural Committee then in office shall be required for any approvals described herein. C. Improvements - Site Location. All structures or improvements shall be constructed within the approved building envelopes depicted on the Final Plat. D. Building Permit. An Owner may apply for a building permit from the Garfietd County Building Departnent at any time; provided, however, that the Plans approved by the Building Department shall not differ in any substantial way from the Plans approved by the Architectural Committee. If the plans approved by the Building Deparhent differ in any substantial way as determined by the fuchitectural Committee, then all approvals of the fuchitectural Committee shall be deemed automatically revoked Restatement of Protective Covenonts Monument Rid g e S ubdiv is io n Page 6 of26 and Owner shallbe required to re-apply to the fuchitectural Committee in accordance with the procedures herein above set forth. E. Variances. Unless specifically prohibited by a provision of this Restatement, the Architectural Committee may, by * affirmative vote of a majority of the full numbers of members of the Architectural Committee then in office, allow reasonable variances as to any of the covenants and restrictions goveming architecfural control contained in this Restatement and/or policies or rules promulgated by the Architectural Committee, on such tenms and conditions as it shall require. No variance shall be granted which contravenes any provision of this Restatement which was required by an approval obtained by Monument Ridge from Garfield County for the Subdivision or which violates the Garfield County Land Use and Building Codes. No variance shall be granted without written notice of the request for such variance provided ten (10) days prior to the hearing for said variance to all Owners. Notice to such Owners shallbe deemed effective when placed in the United States Dd, first-class postage prepaid, certified with retum receipt requested, ild addressed to the last known address for each Owner as provided to the Association. F. General Requiremente. The fuchitectural Committee shall exercise its best judgment to see that all improvements and alterations within the Subdivision hamonize (to the greatest extent possible) with the natural suroundings within the Subdivision and with other strucfirres and improvements within the Subdivision as to design, materials, color, siting, height, grade, finished ground elevation of neighboring lots, established drainage and other design features. 1. Materials. The Architectural Committee shall evaluate, among other things, the materials and colors to be used on the outside of buildings or structures, and the har:nony of finished grade and floor elevation with the natural contained within the Subdivision. 2. Site Incatioa. The Architectural Committee shall exercise its iudgment to preserve the natural characteristics of each Lot induding trees, vegetation, and the natural setting of each building site. The fuchitectural Committee shall evaluate the relationship of any proposed structure or improvement to topography, the view sheds of and relationships to other existing or potential structures and improvements in the Subdivision. G. Preliminary Approvds. Owners who anticipate constructing or modifying structures or improvements on a Lot may submit preliminary sketches or plans thereof to the fuchitectural Committee for informal and preliminary approval or disapproval. All Restatement of P rotective Covenants M onument Rid g e S ubdivisio n Page 7 of26 preliminary sketches should be submitted in at least three (3) sets and should contain sufficient general inforrration on those matters required to be in the complete Plans to allow the Architectural Committee to act intelligently in Fving an inforrred preliminary approval or disapproval. The fuchitectural Committee shall never be committed or bound by any preliminary or informal approval or disapproval. The preliminary approval process is offered as anaccommodation only, and thefuchitectural Committee may setfees forthis service. H. Architectural and Site Development Plans. The Architectural Committee shall disapprove any Plans submitted to it which do not contain sufficient inforrration for it to exercise the judgment required of itby this Restatement. I. Architectural Committee Not Liable. Neither the Architectural Committee nor any member thereof shall be liable for damages to any person or entity submitting any Plans for approval, or to any Owner or Owners, by reason of any action, failure to act, approval disapproval or failure to approve or disapprove with regard to such Plans. Neither the Architectural Committee nor any member thereof shall have any liabilig or responsibility for any representations made to any Owner or prospective Owner by any third parties. The decisions of the Architectural Committee shall be governed by this Restatement and any rules or regulations duly adopted by the fuchitectural Committee pursuant to this Restatement. l. Written Records. The Architectural Committee shall keep and safeguard for at least five (5) years complete pennanent written records of all approved applications, induding one (L) set of the finally approved Plans, and of all actions of approval or disapproval and all other formal actions taken by it under the provisions of this Restatement. K. Authority to Promulgate Rules and Regulations. The Architectural Committee may promr lgate and adopt rules and regulations necessary to implement this Restatement. These rules and regulations may indude submission requirements concerning the tlpe of information, reports, plans and specifications, and other information necessary to make an informed decision regarding requests for development, alterations and the like. Restatement of Protective Covenants M onununt R id g e S ubdivis ion Page 8 of 26 ARTICLE V. ISDS DESIGN AND PERFORMANCE STANDARDS Each ISDS installed within the Subdivision shall comply with the following requirements: A. each system shall be designed by a professional engineer registered in the State of Colorado pursuant to Colo. Rev. Stat. SIL%-177 (1999'); B. each system design shall adequately address the soil percolation conditions present at the Lot site, whichpercolationrates shallbe verified throughappropriate on-site testing C. each system shall be designed to adequately service at least (4) bedrooms; D. the tops of all tanks or risers extending therefrom shall be surface accessible to facilitate system testing and maintenance; and E. all absorption fields shallbe sized to adequately seruice (4) bedrooms. Trench segments with at least (6) feet of separation shall be used whenever practically feasible. A minimum of (3) similarly sized trench segments should be installed with alternating values or a distribution box that allows isolation of each segment. Monitoring pipes shall be installed at the far end of each trench segment to allow inspection of field condition. If a bed must be utilized, single dosed zones shall be acceptable. If mounding is required to establish (4) feet of suitable soil, a single pressure dosed zone shall be acceptable. If a bed or mound is used, a minimum of. (2) monitoring pipes shall be installed at the far end of the bed or mound. Following ISDS installation, each Owner shall provide the Association with as-built drawings depicting, in relation to the other improvements on the Lot, the location and dimensions of the ISDS facilities induding the absorption field and monitoring pipes, all applicable desigR, operation and maintenance specifications of the system's manufacttrrer and written certification from the designing engineer that the ISDS was installed in conformance with the requirements above stated and all applicable design specifications of the manufacfurer. In the event the Association fails to properly implement and enforce the design and performance standards setforth in this paragraph, the Board of County Commissioners for Garfield County, Colorado and its duly authorized representatives and agents, shall have Restatement of P rotective Covenants Monument Ridge S ubdivision Page 9 of26 all the right to enter upon the Property and implement and enforce such standards at the u"p..r."of the Association or exerciie any other right or Power afforded under this Restatement including, but not limited to, the initiation of appropriate proceedings in the Dstrict Court for Garfield County, Colorado, to compel enforcement of the same. The provisions of this paragraph shall not be amended or repealed by Monument Ridge, the Association or Lot OwnLrcwithout the written consent of the Board of County Commissioners for Garfield County, Colorado. ARTICLE VI. ISDS MANAGEMENT PLAN A. In order to ensure that each ISDS installed within the Subdivision is inspected on a regular basis and properly maintained, the responsibility and authority for slch inspecti"on and maintenance rLutl b" vested exclusively within the Association. This *r1r"g"*ent plan is not intended to provide for common ownership of the ISDS's or to proviJe .ooroior, funding for the cor,Jtt r"tion, repair or replacement thereof. Ownership ^*d r"rponsibility for constrrction, repair and maintenEutrce to remain with the Owner. 1. In accordance with the above, the Association shall: ' a. retain as needed the services of qualified personnel to inspect the ISDS's and to perform all maintenance and repairs necessary to ensure that same are instatled properly, remain in good operating condition and comply with the performance requirements set forth within Artide V. b. inspecttheoperatingcomponentsofeachlsDSwittrin(30)days of being placed into operation; thereafter, each ISDS shallbe inspected; the BOD *a fSS contenl of the effiuent being discharged by each ISDS tested every two years; and c. maintain at all times written or other Permanent records documenting the date each ISDS was inspected or tested, the results of such inspections or tests and the extent of all maintenance and/or repairs perforrred. All documents maintained by the Association Pursuant to this provision shall at all times be available for inspection by Lot O*:T and/or authorized representatives Garfield County Deparhnent of Building and Planning. Restatement of P rotective Covenants Monwnent Ridge Subdivision Page I0of26 2. The following provisions shall apply in the event the estimated maintenance or repair costs required of any ISDS exceed in total during any one calender y €N, $1000.00: 3. the Association shall give the Lot Owner written notice of the nature and extent of the work necessary, to return the ISDS to good operating condition and/orbring the ISDS System within theperfornrancerequirements setforthwithin Article V; and a. within (30) days of receipt of such notice, Owner shall at his or her own expense cause to be completed, the repairs set forth within the notice. In the event Owner fails to complete such repairs within this time period to the satisfaction of the Association, the Association shall have the authority, in addition to any other remedy provided within this Restatement, to take any of the following actions: (1) to impose against Owner, a fine not to exceed $200.00 for each dayin whidr the ISDS System remains unrepaired; (2) to complete on behalf of the Owner the required repairs to the ISDS. All costs incurred by the Association in connection with the restoration shall be reimbursed to the Association by the Owner of the Lot, upon demand. All un-reimbursed costs shall be a lien upon the Lot until reimbursement is made which may be enforced in accordance with the provisions of this RestatemenU and/or 4. In the event the Association fails to properly implement and enforce the provisions of this management plan set forth in this Artide, the Board of County Commissioners for Garfield County, Colorado and its drly authorized representatives and agents, shall have all the right to enter the Subdivision and implement and enforce such provisions at the expense of the Association or exercise any other right or power afforded under this Restatement including, but not limited to, the initiation of appropriate proceedings in the Dstrict Court for Garfield County, Colorado, to compel enforcement of the provisions of this management plan. B. The provisions of this Artide M. shall not be amended or repealed by Monument Ridge,the Association or Lot Owners without the written consent of the Board of County Commissioners for Garfield County, Colorado. Restatement of P rotective Covenants Mo nument Rid g e Subdivis io n Page II of26 ARTICTE VII. RESTRICTIONS AND PROTECTIVE COVENANTS A. No Further Subdivision. No Lot shall everbe further subdivided into smaller lots or conveyed or encumbered in less than the full dimensions as shown on the recorded Final Plaf provided however, that conveyances or dedications of easements, if approved by the fuchitectural Committee, may be made for less than the fuIl dimensions of a Lot. Notwithstanding the foregoing, a lot line adjushent between two (2) Lots shall be allowed, subject, howevet, to any reviews or approvals that may be required by the Garfield County Land use Code and the prior approval of the Architectural Committee. B. Duplexes/Vlulti-Family Shrrctures. Duplexes and multi-family structures are prohibited in the Subdivision. C. Fencing. Fencing shall be restricted throughout the Subdivision to facilitate wildlife movetrlents, optimize habitat availability, and reduce wildlife mortality. If peripheral fencing of the Subdivision is required to restrict domestic livestock grazing on adjacent properties, fencing shall employ a three sEand barbed wire fence, with strands at eighteen (18), thirty (30) and forty-two (42) inches above the main ground level. 1. If wood rail fencing is used it shall not exceed forty-two (rg) indres in height and twelv e (12) inches in width (top view), and an opening in the lower one- half (%\ of at least sixteen (16) inches to allow passage of deer fawns and elk calves. Other fence materials such as wood slats, electric wires, or other synthetic materials may be used but shall not exceed forty-two (CI) inches in height. 2. Owners shall be perrritted a privacy fence, exceeding for:ty-two (A) inches in height with no openings, to enclose up to two thousand five hundred (2,500) square feet. 3. If security fencing is required such fencing shall not be more than seven (7) feet in height and must be so constructed that wildlife movement between and through the Subdivision and the Lots is not lost or impaired. Such security fencing shall not enclose more than 2000 square feet. D. Lighting. All exterior lighting shall be directed downward and towards the applicanfs property. The Architectural Committee will also recommend that all Owners make every effort possible to limit the use of exterior lighting at night and shall encourage Owners to build in such a fashion that all light sources not be directly visible from outside of the Owners'respective Lot. The intent behind these considerations is to preserve the Restatement of Protective Covenants Monument Rid ge S ubdivision Page 12 of 26 rural character of the Subdivision by limiting exterior lighting as much as possible while maintaining a safe atnrosphere. E. Domestic Animds. Except as expressly limited herein, domestic animals such as dogs, cats, rabbits, caged birds and fish shall be permitted subject to any rules and regulations which may be promr lgated by the Association. Owners shall be entitled to keep dogs on their property pursuant to the following restrictions and limitations and subject to any additional rules and regulations which maybe promulgated by the Association: 1. no more than one dog, exduding puppies under the age of fifteen (15) weeks, shall be kept by any Owner at any time upon any one (1) Lot. 2. dogs shall be kept under the control of their Owners at all times and shall not be permitted to run free or to cause a nuisance in the Property. No dogs shall be allowed beyond the boundaries of the Lot owned by the person(s) where the dog is housed unless leashed and accompanied by a person in full control of such dog. 3. dogsshallnotbeallowedtobarkcontinuously,whichshallbedefined as barking for a continuous fifteen (15) minute period, induding successive barks or a series of barks which repeat or resume following a brief or temporary cessation. 4. whennotaccompaniedbyaperson,alldogsshallbeleashed,chained, "electric fenced," or kenneled. The location of kennels shall be subject to review of the Architectural Committee. 5. all dogs shall be kept reasonably clean, and all Lots shall be free of refuse and animal waste. 6. should any dog chase or molest deer, elk or any domestic animals or Persons, or deskoy or disturb property of another, the Association shall be authorized to prohibit the Owner or any tenant, invitee, event, guest or other user of a Lotfrom continuingto maintain the offending animal onhis property and may take any action necessary to remove the offending animal from the Subdivision. The offendingdogowner shallbeprovided written notice of such action atleasttwo (2) days before removal occurs. Within such two (21 day period, the offending dog shall be kenneled at a licensed kennel. All charges associated with action taken by Restatement oJ P roteaive Covenants Monume nt Rid g e S ubdivis ion Page 13 of26 the Association may be assessed against either the Owner and/or the dog owner, or both, at the Association's sole option. which, in the sole discretion and judgment of the Association results in any 7. in notwithstanding the foregoin& no animal may be kept upon a Lot annoyance or is obnoxious to other Owners within the Subdivision. F. Horses. The open pasturing of horses shall be permitted within the Subdivision; however, no more than (2) horses maybe kept on any (1) Lot G. Ranch and Farm Animals. Ranch or farm animals including but not limited to, cattle, llamas, goats, pigs, and sheep shall be permitted within the Subdivision for the PurPose of allowing the participation by Lot Owners and the members of their families in &H, Future Fanners of America or such other similar programs only. AII such randr or fann animals shallbe atalltimesproperlypenned orcorralledwithin therespective Lot Owney's Lot and shall not in any event be allowed to remain within the Subdivision for a time period greater than one (1) year. H. Underground Utility Lines. All water, sewer, gas, electical, telephone, cable television and other utility pipes or lines within the limits of Subdivision shall be buried underground and not be caried on overhead poles or above the surface of the ground. Any areas of natural vegetation or terain in the Subdivision disturbed by the burying of utility lines shall be re-vegetated by and at the expense of the respective -O*r,"rc ."rrir,g the installation of the utilities no later than the next growing season following installation. senrice Yards and rrash. Equipment, service yards or storage piles on any Lots shall be permitted during the time periods during which construction activities are ongoing. Otherwise, no lumber, metals, equipment or bulk materials shall be kept, stored or allowed to accumulate outside on any Lot unless the same are entirely contained within an outbuilding. All scraps, refuse and trash shall be removed from all Lots, shall not be allowed to accumulate and shall notbe bumed thereon. No Mining, Drilling or Quarrying. Mining, quarrying, tunneling, excavating or drilling for any other substances within the earth, including oil, gas, minerals, gravel, sand, rock and earth, shall not be perrritted within the limits of the Subdivision. K. DomesticWaterWells. Domestic water service for the Subdivision Lots shall be provided by individual water wells properly perntitted under Well Permit Nos.0570!F, 0577+F, 05nUF,575?fr-F,05n03-F, 05657LF,05770LF,01701-F, and 57700-F. Domestic water service to the Exemption Parcels shall be provided by individual water wells to be Restatemcnt of P rotective Coventnts Monument Rid ge Subdiv ision Page 14 of26 properly permitted by the owners thereof. At all times the Owners and the Association shall comply with all conditions of said Well Permits. Simultaneous with the recording of this Restatement, Monument Ridge and Wasserman shall assign the aforesaid Well Permits to the Association. From and after the date of such assignment, the Association shall be responsible for all charges due the West Divide Water Conservancy District under the Allohnent Contract as provided therein. The Association is hereby granted the authority and obligation to accept such assignment of the Well Perrnits and the Alloturent Contract. The Association shall have the exdusive authority and responsibilities for all costs associated with ddlling, operating, maintaining, repairing, and replacing each well which provides service to Subdivision Lots and Exemption Parcels. L. I4lastewater Treatment. Wastewater treatment shallbe supplied to each Lot by individual sewage treahent system ('ISDS") installed by each Owner in accordance with the ISDS Design and Performance Standards set forth within Article V, and maintained by the Association in accordance with the provisions of the ISDS Maintenance Plan set forth in Artide VI. The Association shall be responsible for setting all rates, fees or charges for inspecting, maintaining and repairing each individual system and such rates, fees or charges assessed by the Association against each Lot for such inspection, maintenance and repair shall be a personal obligation of the Owner thereof which the Association shall have the power and duty to enforce. M. Hunting. Hunting shall be prohibited within the Subdivision. In the event of conflict with wildlife on a Lot, the Owner shall contact the Colorado Division of Wildlife to determine appropriate measures to mitigate the conflict. Wildlife which constitutes a nuisance may onlybe removed or destroyed upon the approval of the Association and only in a manner approved by the Colorado Dvision of Wildlife. N. Trash Containers. No trash or garbage shall be accumulated or stored outside of a dwelling structure unless such trash or garbage is contained within a container certified as bear-proof by the North American Bear Society, the National Park Service or the Colorado Division of Wildlife; provided however, that a Lot Owners may use trash or garbage containers which do not meet the certifications above described so long as: 1. said container(s) is placed outside no earlier than the moming of the scheduled day of for trash collection by the Owney's waste service provider; and 2. said container(s) is returned to the dwelling stmcture on the same day of collection by the Owney's waste service provider. Restatement of P rotective Covenants Monument Ridge Subdivision Page I5 of26 O. Damage l{aiver. The Association and the Lot Owners herebywaive and shall hold the Colorado Division of Wildlife harmless from any and all daims for damages to landscaping improvements or ornamental plants located within the subdivision resulting from the activities of big game (deer and/or elk). P. Removal of Carcasses. The Association and Owners shall be responsible for the removal and proper disposal of all animal carcasses located within the Subdivision. a. PenaltiesAArildlife Restrictions. The Association shall assess and enforce penalties against Lot Owners violating any of the wildlife reshictions set forth in this Artide VII., as follows: One Hundred Dollars ($100.00) for the first violation committed by the Lot Owner; Two Hundred Dollars ($200.00) for the second violation: Three Hundred Dollars ($300.00) for the thfud violation: and for each succeeding violation the fine shall increase in One Hundred Dollar ($100.00) increments. The dollar amounts of the fines may be changed upon the approval of the Association. ARTICTE VIII. RESTRICTIONS ON LOTS A. Number and Location of Buildings. No buildings or improvements of any kind shall be placed, erected, altered or permitted to remain on any Lots except as approved by the Architectural Committee. B. Fire Protection Provisions. L. Each residence of. a size equaling 3,500 square feet or less shall be equipped with a storage tank of at least 3,000 gallons in size. 2. Each residence of a size exceeding 3,500 squEue feet shall be equipped with a sprinkler system satisfying the requirements of NFPA13D together with a storage tank the size sufficient to allow a flow of ?.6 gpmfor a duration of 10 minutes. 3. Each storage tank shall be located within L50 feet of the applicable residence, shall be open to use by fire department personnel for off site fire protection use and shall be inspected and maintained by the applicable homeowner. 4. Each residence shall be subject to NFPM99 governing access/egress requirements and defensible space. Restatement of Protective Covenants M onument Rid g e S ubdiv is ion Page 16 of26 5. Fire deparhent personnel will respond to activation of automatic fire alarms only when, a. A flow switch on the fire sprinkler system is activated; or b. A responsible person for the residence or a runner for the fire alarm company has confirmed an emergency. C. Completion of Constmction. Any construction activity on any Lot shall be completed and fully deaned up within eighteen (18) months from the issuance of a building permit, unless the Owner of the Lot shall first obtain a variance from the Architectural Committee to allow for a longer period of consbrrction upon proof of due rliligence. In the event a variance is not secured and eighteen (18) months from issuance of a building pennit has passed, the Association may assess penalties in the amount of $100.00 per day. Owners shall obtain all required certification of acceptance for residential dwelling within eighteen (18) months of the issuance of building permits unless a variance extending such time period is issued by the Architectural Control Committee. D. Used or Temporary Stmctures. Except within an endosed garage, no used or previously erected or temporary house, structure, mobile home, manufactured home, or trailer shall be located within the Subdivision. The foregoing prohibition shall not apply to construction trailers which shall be perrritted for eighteen (18) months from the date of commencement of construction or until the issuance of a Certificate of Occupancy, whichever first occurs; provided, however, construction trailers may only be used for construction, office and storage purposes and shall notbe occtrpied as a residence for any period of time. E. Enclosure of Unsightly Facilities and Equipment. AII unsightly sbrrctures, facilities, equipment and other items, induding, but not limited to, those specified below, shall be endosed within a solid structure sufficient to screen such things from view from the common roads and neighboring homes. Any motor home, trailer, camper, recreational vehide, boat, truck, tractor, motorcycl€, oll terrain vehide, snow removal or garden equipment and any similar items shall be kept at all times, except when in actual use, in an enclosed garage. Fuel storage tanks shall be appropriately installed, in accordance with all applicable governmental rules and regulations. Any storage piles, refuse or trash containers, utility meters or other facilities, shall be enclosed within a structure or appropriately screened from view by plantings or fencing approved by the Architectural Committee and adequate to conceal the same from neighbors, streets and private roads. Restatement of P rotective Covenants Monwnent Ridge Subdivision Page 17 of26 F. Noxious or Offensive Activity or Sounds. No noxious or offensive activity or sounds shall be carried on upon any portion of the Subdivision at any time, nor shall anything be done or permitted which may be or become a nuisance to other property or to the Owners thereby by sight , sound or smell, provided that the Association may authorize the use of sound and sound devices to control or mange wildlife, livestock or domestic animals. G. Air Quality Reshictions. In order to protect against the degradation which occurs to air quality as a result of the ufiliz2lisn of wood-burning devices, the following restrictions apply: 1. No open hearth solid fuel fireplaces will be allowed anywhere within the Subdivision. All dwelling units within the Subdivision will be allowed an unrestricted number of natural gas burning fireplaces or appliances. All dwelling units within the Subdivision willbe allowed one (1) new wood-buming stove as defined by Colorado Revised Statutes 2,5-74f1et seq., and the regulations promulgated thereunder. H. Firearms. The discharge or shooting of firearms is prohibited in the Subdivision except as may be permitted by rules and regulations adopted by the fusociation. I. CommercialActivities. Neithertheconductof anycommercialactivitiesnor the storage of materials, goods, equipment and other items used or associated with commercial activities shall be permitted on any Lo! provided, however, that personal vehicles with a business narne placed thereon shall not be prohibited and Owners shall be permitted to maintain an office on theirrespective Lots solong as services arenotprovided which result in the public coming to such Lot on a regular basis. J. General Restriction. AII Lots shall comply with restrictions contained in any other section of this Restatement. The Association may adopt, promulgate and enforce rules, regulations necessary or advisable to implement or interpret the provisions of this Restatement. Restatemcnt of Protective Covenants M onunu nt R id g e S ubdiv is ion Page 18of26 ARTICLE IX. ASSESSMENTS_COLLECTION AND ENFORCEMENT A. Budget. Within thirly (30) days after the adoption of any proposed budget for the Association, the Association shall mail, by ordinary first-dass mail or otherwise deliver a summary of the budget to all of the Subdivision Lot Owners, Exemption Parcel Owners and Irrigated Lot Owners. The budget shall consist of the following three (3) separate components: l. The estimated costs and expenses necessary to operate, maintain, repair and/or replace the water wells and facilities appurtenant thereto serving the Subdivision Lots and Exemption Parcels. These estimated costs and expenses shall indude, but not be limited to, those necessary to pay all charges under the Association' contract with the West Divide Water Consenrancy Dstrict, wages, utility charges, legal and accounting fees, management fees and the creation of a reasonable contingency or other reserve or surplus fund for said operation, maintenance, repair and/or replacement. 2. The estimated costs and expenses necessary to operate, maintain, repair and/or replace the roadways located within the Subdivision Plat and except as limited in subparagraph 3. hereinbelow, any and all remaining facilities or elements owned by the Association. These estimated costs and expenses shall indude any and all liabilities incurred by the Association under or by reason of this Restatement. 3. The estimated costs and expenses necessary to operate, maintain, repair and/or replace the piped irrigation system serving Subdivision Lots 1-8. Within not less than ten (10) nor more than fifty (50) days from such mailing or delivery, the Association shall set a date for a meeting of the Subdivision Lot Owners and Exemption Parcel Owners for consideration of the adoption of the budget. At this meeting, each of the components of the budget above described shall be considered and adopted separately. The Exemption Parcel Owners shall be allowed to cast votes counting only as to the adoption of that portion of the budget idenffied within Section A.1 of this Artide, herein above. The Subdivision Lot Owners shall be allowed to cast votes counting as to both those portions of the budget identified within Sections A.1. and A.2. of this Article, herein above. The Irigated Lot Owners shall be allowed to cast votes counting as to those portions of the budget identified within Section A.1., A.2. and A.3. Restatement of Protective Covetwnts Monument Ridge Subdivision Page 19 of26 Subject to the above limitations, unless at the meeting sixty percent(60%\ of the Owners, whether or not present at the meeting, reject the budget, the budget shall be ratified, whether or not a quomm is present. In the event the proposed budget is rejected, the periodic budgetlast ratified shallbe continued until such time as a subsequent budget is proposed by the Association and adopted as herein above provided. The Association shall adopt a budget and submit the budget to a vote of the Owners no less frequently than annually. The Association shall levy and assess the Annual Assessments in accordance with annual budget. B. Assessments The Subdivision Lot Owners and Exemption Parcel Owners shall be obligated to pay any assessments lawfully imposed by the Association; provided however that: 1. Exemption Parcel Owners shall be assessed only for the costs and expenses budgeted pursuant to Section A.1., herein above. Said assessments shall be prorated to each Exemption Parcel Owner in accordance with the sharing ratio which shall be determined by dividing the total number of Exemption Parcels owned by the total number of Exemption Parcels and Subdivision Lots; and 2. Subdivision Lot Owners shallbe assessed for the combined costs and expenses budgeted pursuant to Sections A.1. and A.2., herein above. Said assessments shallbeprorated toeach SubdivisionLotOwnerin accordancewiththe sharingratiowhich shallbe determined bydividingthe totalnumberof Subdivision Lots owned by the total number of Exemption Parcels and Subdivision Lots. 3. Irrigated Lot Owners, additionally shall be assessed for the combined costs and expenses budgeted pursuant to Section A.2., herein above. Said additional assessments shall be prorated to each hrigated Lot Owner in accordance with the sharing ratio which shall be determined by dividing the total number of Irrigated Lots owned by 8 (the total number of Irrigated Lots). C. Special Assessments. Subject to the above limitations, the Association shall have the right during any calendar year to levy and assess against all of the Subdivision Lot Owners/Exemption Parcel Ownersflrrigated Lot Owners, as appropriate, a special assessment forsuchpurpose orpurposes, in accordancewith this Restatement, theArtides or the Bylaws of the Association, as may be necessary or advisable. Such special assessment shall be paid for by the Owner(s) obligated to pay such assessment and shall be due and payable as determined by the Association. Restatemcnt of P rotective Covenants Monument Rid ge Subdivision Page 20 of26 D. LienforNonpaymentofAssessments. AllsumsassessedbytheAssociation, any fines which may be levied on an Owner, and unpaid utility fees and assessments charged to an Owner, shall constitute a lien against such Lot superior (prior) to all other liens and encumbrances, excePting only: 1. tax and special assessment liens on the Lots in favor of any goverrlmental assessing uni! and 2. all sums unpaid on a first mortgage of record, induding any unpaid obligatory sums as maybe provided by encumbrance. Each Owner hereby agrees that the Association's lien on a Lot for assessments as herein above described shall be superior to the homestead exemption provided by Colorado Revised Statutes S3M10-207, et seq., and each Owner hereby agrees that the acceptance of the deed orotherinstrumentof conveyancein regard to any Lot shall signify rrr.h grantee's waiver of the homestead right granted in said section of the Colorado statutes. Any recorded lien for non-payment of the common expenses may be released by recording a release of lien executed by the Chairman of the Executive Board. If any assessment shall remain unpaid after thirty (30) days after the due date thereof, such unpaid sums shall bear interest from and after the due date thereof at the macimum rate of interest permitted by law, or at such rate as is determined by the Executive Board, and the Executive Board may impose a late charge on such defaulting Owner as may be established by the Executive Board. In addition, the Executive Board shall be entitled to collect reasonable attorneys' fees incurred in connection with any demands for payment and/or collection of delinquent assessments. To evidence such lien, the Executive Board shall prepare a written notice setting forth the amount of such unpaid indebtedness, the naune of the of the Lot and its legal description. Such a notice shall be signed by one (1) member of the Executive Board and shall be recorded in the Office of the Clerk and Recorder of the County of Garfield, Colorado. Such lien may be enforced by foreclosure of the defaulting Owney's Lot by the Association in like mzutner as a mortgage on real property upon the recording of a notice of daim thereof. In any such foreclosure, the Owner shall be required to pay the costs and expenses of such proceedings, the costs and expenses for filing the notice or daim of lien, and all reasonable attomeys' fees. The Owner shall also be required to pay to the Association any additional assessments against the Lot during the period of foreclosure, and the Association shall be entitled to the appointment of a receiver to collect the same. The Executive Board for the Association shall have the power tobid on the Lotata foredosure sale and acquire and hold,lease, mortgage and convey the same. The Association, at its election, and in addition to any other remedies Restatement of P rotective Covenants Monument Ridge Subdivision Page2l of26 it may have at law or in equi$, may also sue an Owner personally to collect any monies owed the Association. E. Enforcement Action. The Association, acting by and through its F,><ecutive Board, shall have the right to prosecute any action to enforce the provisions of all of this Restatement by injunctive relief, on behalf of itself and all or part of the Owners. In addition, each Owner and the Association shall have the right to prosecute any action for injunctive relief and for damages by reason of any violation of this Restatement. The prevailing pilty in any enforcement action shall be entitled to an award of its reasonable costs and attorneys' fees. The Executive Board shall be entitled to assess penalties for late payment of assessments due the Association and to collect interest thereon at rates to be determined from time to time by the Executive Board but not to exceed one and one-half percent (l%%\ per month. After ttrirty (30) days written notice to any Owner of a violation of this Restatement and the Owney's failure to eliminate or cure said violation, the Association may levy, in addition to the other remedies set forth herein, a pendty of up to One Hundred Dollars ($100.00) per day for every day the violation exists or continues after the expiration of said thirty (30) day period. F. Limitations on Actions. In the event any constmction, alteration or landscaping work is commenced upon any of the Lots in violation of this Restatement and no action is commenced within one (1) year thereafter to restrain such violation, then injunctive or equitable relief shall be denied, but an action for damages shall still be available to any party aggrieved. This one (1) year limitation shall not apply to iniunctive or equitable relief against other violations of this Restatement. ARTICLE X. RESERVED EASEMENTS A. Easements Shown on Final Plat. The Association is entifled to use such easements as are reflected on the Final Plat and the Exemption Plat for the Subdivision. The Association shall have no obligation to pay any amount for the use and enjoyment of such easements. The Association shall pay fot the cost of maintaining and repairing any improvements which it places on any easements. B. Easements for Utilities, Access and Repairs. There are hereby reserved unto Monument Ridge, so long as Monument Ridge owns a Lot within the Subdivision, the Association, and the designees of each (which may include, without limitation, Garfield County, Colorado and any utility company) easements upon, across, over and under all of the Lots, with the exception of the building envelope, to the extent reasonably necessary for the purpose of installing, replacing, repairing, and maintaining cable television systems, Restatement of P rolective Covenants M onume nt Rid ge S ubdiv is ion Page 22 of26 master television antenna systems, security and similar systems, drainage systems, irrigation systems, streetlights, signage, and allutilities,induding,butnotlimited to, meter boxes, telephone, gas and elechicity. The foregoing easements may traverse the private property of any Owner; provided, however, an easement shall not entitle the holders to construct or install any of the foregoing systems, facilities, or utilities over, under or through any existing dwelling on a Lot or building envelope as shown on the Plat, and any damage to a Lot resulting from the exercise of an easement shallbe reasonably repaired by, and at the expense of, the Person exercising the easement. The exercise of an easement shall not unreasonably interfere with the use of any Lot and, except in any emergency, entry onto any Lot shall be made only after reasonable notice to the Owner or occupant. Monument Ridge specifically reserves the right to convey to the electric company, natural gas supplier and cable television or communications systems supplier and any other utility supplier an easement across Erny portion of the Subdivision for ingress, egress, installation, reading, replacing, repairing and maintaining utility meters andboxes. However, the exercise of this easement shall not extend to perrritting enty into the dwelling on the Lot, nor shall any utilities be installed or relocated on any Lot, except as approved by the Association or Monument Ridge. Should any entity furnishing a service covered by the general easement herein provided request a specific easement by separate recordable document, the Association or Monument Ridge shall have the right to grant such specific, descriptive easement over the Subdivision Property without conflicting with the terms hereof. The easements provided for in this Artide shall in no way adversely affect any other recorded easement on the Property. The Owner of a Lot subject to such easement shall cooperate with Monument Ridge and the Association and take all actions, induding, without limitation, executing any documents evidencing such descriptive easement as reasonably requested by the Association or Monument Ridge. ARTICLE XI. INSURANCE A. Types of Insurance. The Association rnay obtain and keep in full force and effect the following insurance coverage: 1. Fidelity coverage against the dishonesty of employees, destruction or disappearance of money or securities, and forgery. This policy shall also cover persons who senre the Association without cornpensation. Restalemcnt of P rotective Cov enants M onument Rid g e S ub div i s ion Page 23 of26 Coverage for members of the Execrrtive Board and officers of the Association, induding committee members, against libel, slander, false arest, invasion of privacy, errors and omissions, and other forsrs of liability generally covered in officers and directors liability policies. General liability and property insurance. Coverage against such other risks of a similar or dissimilar nature as the Association deems appropriate. ARTICTE XII. GENERAL PROVISIONS A. Restatement to Run. All of the covenants, conditions and restrictions contained in this Restatement shall be a burden on the title to all of the real property contained within the Subdivision Plat and the Exemption Pla$ provided however that as against the Exemption Parcels said covenants, conditions and restrictions shall so burden the title thereof only to the extent expressly set forth within Artide I. B. Enforcement. The Association or any Subdivision Lot Owner or Fxemption Parcel Owner (provided the Association fails to take action after the receipt of reasonable notice) shall have the right, as herein below limited, to enforce,by aproceeding at law or in equity, all restrictions, conditions, covenants, resenrations, Iiens and charges now or hereafter imposed by the provisions of this Restatement. C. Termination of Restatement. In the event this Restatement has not been sooner lawfully terminated pursuant to any applicable laws of the State of Colorado and Garfield County, Colorado, and the provisions herein contained, this Restatement maybe terminated on ]anuary l, ?fr%, by a majority vote of the votes entifled to be cast by the Members of the Association at a meeting of the Members duly held. If this Restatement is not so terminated, then it shall continue to be in full force and effect for successive twenty- five (25) year periods unless, at the close of a twenty-five (25) year period, this Restatement is terminated by a maiority vote of the votes entitled to be cast by the Members of the fusociation at a meeting of the Members duly held. In the event of any such tennination by the members, a properly certified copy of the resolution of tennination shall be placed on record in Garfield County, Colorado, not more than six (5) months after the meeting at which such vote is cast. D. Amendment of Restatement. This Restatement may be amended by a majority vote of the votes entitled to be cast by the Members of the Association, said vote Restatement of P rotective Coveruntts Monwne nt Rid ge S ubdiv is io n Page 24 of26 to be cast at a meeting of the Members duly held, provided a properly certified copy of the resolution of amendment be placed on record in Garfield County, Colorado, no more than six (6) months after said meeting. E. Severability. Should any part or parts of this Restatement be dedared invalid or unenforceable by any court of competent jurisdiction, such decision shall not affect the validity of the remaining provisions of this Restatement. F. Paragraph Headings. The paragraph headings within this Restatement are for convenience only and shall not be construed to be a specific part of the terms hereof. G. Limited Liability. The Association and the Executive Board shall notbe liable to any part for any action or for any failure to act with respect to any matter if the action taken or failure to act was in good faith without malice. The Owners severally agree to indemnify the Association and the Executive Board against loss resulting from such action orfailure to actif theAssociationand the Executive Board actedorfailed to actingood faith and without malice. IN MTNESS WHEREOF, this Restatement has been executed as of the day and year first above written. Restatemenl of P rotective Covenants M onument R id g e S ubdiv ision Page 25 of26 Monument Ridge, LLC | ,t:\ STATE OF COLOMDO COUNTY OF GARFIELD ) )ss. ) Subscribed and swornrn to before me this ta-.-t ,O"y rf 0 X..' d, 0 . ?.rxJl,by Manager for Monument Ridge, LLC. G., My commission expires: /fo^r* %@lil,2p6s,by Edward Noel Rich ,1SP"", STATE OF /L COUNTYW ) )ss. ) Subscribed and sworn to before me this David Wasserrnan. IIIH,'l'yvz /er/A'Z My commission expires:ps ^2/- oF Restatement of Protective Covenanls Mo numcnt Rid ge S ubdiv is ion Page 26 of26 6Fr.toe)i sALLY ii oete :i. VAGNEUR j l\t-g_raly ru8Ltc, STATE OF [luvorsMY COMMtSStoU ;XprnrS, o SrZ t iOi ywwwl% 3 OFF|C|AL SEAL $ Notary HOMEOWNERS ASSOCIATION AGREEMENT This Agreement is made and entered into this l4 day of AtuZ-_2OOa., by and between Monument Ridge, LLC, aColorado limited liabitity.offiy 1 Ow*r 1 and Monument Ridge Homeowners Association, a Colorado non-profit corporation ("Association"); WHEREAS, Owner is Garfield County, Colorado, particularly described on the Garfield County, Colorado on the owner and developer of certain real property located within also known as the Monument Ridge Subdivision and more Final Plat recorded in the Office of the Clerk and Recorder for as Reception No.("Subdivision"); WHEREAS, the rights and obligations of the Owner and the Association instant to the Subdivision's water supply facilities, intemal road system, utilities, corlmon areas, landscaping and other facilities of the Subdivision are set forth within the Declaration of Protective Covenants for Monument Ridge Subdivision recorded in the Office of the Clerk and Recorder for Garfield County, Colorado on ("Declaration"); .in Book _, at Page and Reception No. WHEREAS, a Subdivision Improvements Agreement ("SLA") between Owner and the Board of County Commissioners for Garfield County recorded in the Office of the Clerk and Recorder for Garfield County, Colorado on in Book _, at Page and Reception No. -,setsforththeobligationsoftheownerinstanttotheconstructionoftheSubdivision's water supply facilities, internal road system, utilities, corrrmon areas, landscaping and other facilities with the subdivision; and WHEREAS the parties hereto wish to enter into an Agreement between themselves in order to reflect each others duties and responsibilities instant to the control and regulation of the Subdivision components above described pursuant to the Declaration and SIA above described. NOW THEREFORE, for consideration of the mutual promises contained herein the parties agree as follows: l. Simultaneously with the execution of this Agreement, Owner shall execute a Quit Claim Deed transferring to the Association the following: A. Colorado Division of Water Resources Well Permit Nos. 057705-F, 05774-F, 05770-F,57520-F,057703-F,056572-F,057702-F,057701-F,57700-F ("well permits,'); B. All access, drainage and utility easements within the Subdivision as more particularly described within the Final Plat for the Monument Ridge Subdivision recorded in the records of the clerk and Recorder for Garfield county, cororado on at Page and Reception No. ('Final plat"); and in Book _, C. Any and all water rights appurtenant to the RF Ditch and the Musconetcong Ditch. l4 2. Upon completion of construction thereof in accordance with the terms, conditions and provisions of the SIA, Owner shall execute and deliver a Bill of Sale transferring to the Association the following: A. The domestic water facilities ("Domestic System") and all appurtenances to the Domestic System, including without limitation, wells, pumps, pipelines and appurtenant facilities; and B. The irrigation water facilities ("lrigation System") and all appurtenances to the Irrigation System, including without limitation, ditches, head gate, and measuring devices. 3. The Association agrees to accept such conveyance as set forth in Paragraphs I and 2 above, and agrees to own, operate, maintain, repair and replace the water facilities, intemal road system, utilities and other facilities of the Subdivision for the benefit of the lot owners of the Subdivision in strict compliance with the terms and conditions of the following: All conditions of approval for the Subdivision as set forth by the Board of County Commissioners for Garfield County, Colorado in Resolution No. 2002-106, recorded within the Office of the Clerk and Recorder for Garfield County, Colorado on December 10,2002 in Book 1415, atPage 533 and Reception No. 616317; A. The terms, conditions and provisions contained with in the Declaration; B. The terms, conditions, provisions rules and regulations set forth within or otherwise appertaining to domestic wells under the well permits; C. West Divide Water Conservancy District Water allotment contract No. 0l0531MRHA(A). 4. The Owner agrees to complete the obligations set forth in the SIA and to install those improvements within the Subdivision in accordance with said agreement. 5. The Owner hereby assigns to the Association any and associated with the facilities and improvements conveyed to the received or shall receive. all guarantees and warranties Association that the Owner has 6. Except as expressly provided herein, the Association herein agrees to indemniff and hold harmless the Owner and its agents for any claims associated with the conveyance, use, operation, maintenance, repair and replacement of the property and facilities described in paragraph l, above. The Association agrees to comply with the terms and conditions of, and hereby assumes the Owners' obligations under the agreements and instruments set forth in paragraphs I and 2 above. 7. Subject to the Owners obligation in paragraph 3, by accepting the herein described property, easements, facilities, and all related obligations, responsibilities, duties and l5 requirements, the Association herein releases the Owner, its agent and assigns, from all future responsibility, liability or obligation accompanyrng or associated with the subdivision property and facilities conveyed as described in paragraphs 1 and 2, above, and releases the Owner from any and all claims that may hereafter be made with respect to such items. The Association accepts such property I'as is" without guarantee or warranty from the Owner of any kind. Nothing in this paragraph is intended to waive the Owners' obligation set forth in paragraph 3 above. 8. The warranties and obligations of the parties set forth herein that require performance after the conveyance of the deed(s) that are the subject of this Agreement, shall survive the conveyance of said deed(s) and shall not merge therewith. 9. This Agreement shall be binding upon and inure to the benefit of the heirs, successors and assigns of the parties hereto. 10. Upon execution and coincident with the filing of the Final Plat, this Agreement shall be recorded with the Clerk and Recorder for Garfield County, Colorado. IN WITNESS WHEREOF, this Agreement is executed on the day and year set forth above. Monument Ridge, LLC, a Colorado Limited Liability Company Monument Ridge Homeowners Association Noel Richardson, Manager l6 STATE OF COLORADO COUNTY OF GARFIELD Subscribed and swom to before me this l* aay of Edward Noel Richardson, M Company. STATE OF COLORADO ) ss. COUNTY OF GARFIELD ) Subscribed and swom to before me this fruy of Richardson, Manager of MONUMENT RIDGE HOMEO , ?0L5 , by Ridge, LLC, a Colorado Limited Liability ) )ss. ) exnires: t\^* \, acDt. T &o ;0 , zoo{by Edward Noelffi-ssocnuoN. Notary hUlic My commission expires: \o..F0cos Notary Pub ffor.rQ\ .t t.'C)j sALLy i: GE,B 2i VAGNEUR .tS'.^ -.'hfu' t7 QUIT CLAIM DEED THIS DEED, made this - daY of 200_, between MONUMENT RIDGE, LLC, aColorado limited liability company, ("Grantor"), and THE MONUMENT RIDGE HOMEOWNERS ASSOCIATION, NC., a Colorado nonprofit corporation, ("Grantee"): WITNESSETH, That the Grantor, for and in consideration of the sum of Ten Dollars and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, has remised, released, sold, conveyed and QUIT CLAIMED, and by these presents does remise, release, sell, convey and QIJIT CLAIM unto the Grantee, its successors and assigns forever, all the right, title, interest, claim and demand which the Grantor has in and to the real property, together with improvements, if any, situate, lying and being in the County of Garfield and State of Colorado described as follows: See Exhibit A attached hereto and incorporated herein by this reference. TO HAVE AND TO HOLD the same, together with all and singular the appurtenances and privileges thereunto belonging or in anywise thereunto appertaining, and all the estate, right, title, interest and claim whatsoever, of the Grantor, either in law or equity, to the only proper use, benefit and behalf of the Grantee, its successors and assigns forever; subject to all of the rights reserved by Grantor to utilize the same set-forth within the Declaration of Protective Covenants for Monument Ridge Subdivision recorded in the records of the Clerk and Recorder for Garfield County, Colorado on in Book at Page and Reception No. IN WITNESS WHEREOF, the Grantor has executed this deed on the date set forth above. Monument Ridge, LLC Edward Noel Richardson, Manager STATE OF COLORADO COI.]NTY OF GARFIELD Subscribed and swom to before me this _day of ,-rbY Edward Noel Richardson, Manager of Monument Ridge, LLC, a Colorado Limited Liability Company. Notary Public My Commission expires: ) ) ss. ) Exhibit A of Hommwners Association Agreement r8 EXHIBIT A A. Colorado Division of Water Resources Well Permit Nos. 057705-F, 05774-F,05770'F, 057 7 03 -F, 05 657 2-F, 057 7 02-F, 05 770 I -F, and 05 7700-F; B. All access, water well drainage and utility easements within the Monument Ridge Subdivision as more particularly described within the Final Plat for the Monument Ridge Subdivision heretofore recorded in the records of the Clerk and Recorder for Garfield County, Colorado on in Book - at Page - and Reception No. ("Final Plat"); C. The dornestic water facilities ("Domestic System), including without limitation, all wells, pipelines, pumps and appurtenant facilities; and D. The irrigation water facilities ("Irrigation System") and all appurtenances to the same. E. Any and all water rights appurtenant to the subdivision property deriving from the RF Ditch and the Musconetcong Ditch relating to the Quitclaim Deed that is also contained within Tab H behind the Homeowners Association Agreement. Exhibit A of Quitclaim to Homeowners Association Agreement l9