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HomeMy WebLinkAbout3.0 SIA1111IiiIMILVION104011111A10.140i 11111 Reception#: 753017 07/25/2008 09 36,22 Aft Jean Alberico 1 of 26 Rec Fee $0.0O Doc Fee 0.00 GARFIELD COUNTY CO PIONEER GLEN SUBDIVISION SUBDIVISION IMPROVEMENTS AGREEMENT THIS Pioneer Glen Subdivision, formerly known as Parcel 1 of the Lynch & Chanes Property 35 acre Exemption Plat, ("Subdivision") SUBDIVISION IMPROVEMENTS AGREEMENT ("SIA") is made and entered into this 2r day of J , 200 8, by and between Specialty Restaurants Corporation ("Owner") and the BOARD OF COUNTY COMMISSIONERS OF GARFIELD COUNTY, COLORADO, acting for the County of Garfield, State of Colorado, as a body politic and corporate, directly or through its authorized representatives and agents ("BOCC"). WHEREAS, Owner is the owner and developer of the Subdivision, which property is depicted on the Final Plat of Pioneer Glen Subdivision ("Final Plat" or "Final Plat of the Subdivision"); and WHEREAS, on the 7th day of January, 2008, the BOCC, by Resolution No. 2008-66, approved a preliminary plan for the Subdivision which, among other things, would create six (6) single-family residential Tots and one (1) open space/common area parcel ("Preliminary Plan Approval"); and WHEREAS, as a condition of approval of the Final Plat submitted to the BOCC for the Subdivision as required by the laws of the State of Colorado, Owner wishes to enter into this SIA with the BOCC; and WHEREAS, Owner has agreed to execute and deliver a specific form of collateral to the BOCC to secure and guarantee Owner's performance under this Agreement and has agreed to certain restrictions and conditions regarding the sale of properties and issuance of building permits and certificates of occupancy, all as more fully set forth below. NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the BOCC and Owner ("Parties") agree as follows: 1111 R!'tW.H1.147,1411L411,',«h' il 11 111 Reception#: 753017 07125)2008 08:36:22 RM Jean Rlberico 2 of 26 Rec Fee $0.00 Doc Fee:0.00 GARFIELD COUNTY CO 1. FINAL PLAT APPROVAL. The BOCC hereby accepts and approves the Final Plat of the Subdivision, on the date set forth above, subject to the terms and conditions of this SIA, the Preliminary Plan Approval, and the requirements of the Garfield County zoning and subdivision regulations and any other governmental or quasi -governmental regulations applicable to the Subdivision ("Final Plat Approval"). Recording of the Final Plat shall be in accordance with this SIA and at the time prescribed herein. 2. OWNER'S PERFORMANCE AS TO SUBDIVISION IMPROVEMENTS. a. Completion Date/Substantial Compliance. Owner shall cause to be constructed and installed the subdivision improvements identified in the Exhibits defined in subparagraph 2.a.i, below ("Subdivision Improvements") at Owner's expense, including payment of fees required by Garfield County and/or other governmental and quasi - governmental entities with jurisdiction. The Subdivision Improvements, except for revegetation, and including off-site improvements, shall be completed on or before the end of the first full year following execution of this SIA ("Completion Date"), in substantial compliance with the following: i. Plans marked "Approved for Construction" for all Subdivision Improvements, including off-site improvements, prepared by Boundaries Unlimited Inc. and submitted to the BOCC on February 27, 2008, such plans being summarized in the list of drawings attached to and made a part of this SIA by reference as Exhibit "A"; the estimate of cost of completion, certified by and bearing the stamp of Owner's professional engineer licensed in the State of Colorado ("Owner's Engineer"), attached to and made a part of this SIA by reference as Exhibit "B"; and all other documentation required to be submitted along with the Final Plat under pertinent 2 ■III �YL'iJ'ZIIU�IM'��I������t rI�i, , +R �i�L�r�.N��s •I LI Reception#: 753017 07!25/2008 08:36:22 AM Jean Alberico 3 of 26 Rec Fee:$0.00 Doc Fee:D.00 GARFIELD COUNTY CO sections of the Garfield County subdivision and zoning regulations ("Final Plat Documents"). ii. All requirements of the Preliminary Plan Approval. iii. All laws, regulations, orders, resolutions and requirements of Garfield County and all special districts and any other governmental entity or quasi - governmental authority(ies) with jurisdiction. iv. The provisions of this SIA. b. Satisfaction of Subdivision Improvements Provisions. The BOCC agrees that if all Subdivision Improvements are constructed and installed in accordance with this paragraph 2; the record drawings to be submitted upon completion of the Subdivision Improvements, as detailed in paragraph 3(c), below; and all other requirements of this SIA, then the Owner shall be deemed to have satisfied all terms and conditions of the Preliminary Plan Approval, the Final Plat Documents and the Garfield County zoning and subdivision regulations, with respect to the installation of Subdivision Improvements, including off-site improvements and revegetation. 3. SECURITY FOR SUBDIVISION IMPROVEMENTS (EXCEPT RE - VEGETATION). a. Subdivision Improvements Letter Of Credit and Substitute Collateral. As security for Owner's obligation to complete the Subdivision Improvements other than revegetation, and including off-site improvements, Owner shall deliver to the BOCC, on or before the date of recording of the Final Plat of the Subdivision, a Letter of Credit in the form agreed to be acceptable to the BOCC, attached to and incorporated in this SIA by reference as Exhibit "C" ("LOC"). The LOC shall be in the amount of four -hundred forty-one thousand 3 1111 M.1111IVNIFI,M IVIii,N. WI , «ii 10iii 11 II I Reeeption#: 753017 07!25/2008 08:36:22 AM Jean Alberico 4 of 26 Rec Fee:$0.00 Doc Fee;D,00 GARFIELD COUNTY CO two hundred fifty-nine dollars and fifty cents $441,259.50, representing the full estimated cost of completing the Subdivision Improvements, including off-site improvements and revegetation, with a sufficient contingency to cover cost changes, unforseen costs and other variables (not less than W% of the estimated cost and as approved by the BOCC), as set forth and certified by Owner's Engineer on Exhibit "B", to guarantee completion of the Subdivision Improvements. The LOC shall be valid for a minimum of six (6) months beyond the Completion Date for the Subdivision Improvements set forth in Paragraph 2.a., above. The BOCC, at its sole option, may permit the Owner to substitute collateral other than a Letter of Credit, in a form acceptable to the BOCC, for the purpose of securing the completion of the Subdivision Improvements subject of this Paragraph 3.a. b. LOC Requirements and Plat Recording. The LOC required by this SIA shall be issued by a state or national banking institution acceptable to the BOCC. If the institution issuing the LOC is not Iicensed in the State of Colorado and transacting business within the State of Colorado, the LOC shall be "confirmed" within the meaning of the Uniform Commercial Code, Letters of Credit, ' 4-5-101, et seq., C.R.S., as amended, by a bank that is licensed to do business in the State of Colorado, doing business in Colorado, and acceptable to the BOCC. The LOC shall state that presentation of drafts drawn under the LOC shall be at an office of the issuer or confirmer located in the State of Colorado. The Final Plat of the Subdivision shall not be recorded until the security, described in this paragraph 3 and the security for revegetation described in paragraph 4, below has been received and approved by the BOCC. c. Extension of LOC Expiration Date. If the Completion Date, identified in paragraph 2.a., above, is extended by a written amendment to this SIA, the time period for 4 ■III FYI PVIIV' MII,P ,1G11,1411,14 MLR If! 41.i 11111 Reception## : 753017 07/25/2008 08:36:22 AM Jean A1berico 5 of 26 Rec Fee:$0.00 Doc Fee:0.00 GARFIELD COUNTY CO the validity of the LOC shall be similarly extended by the Owner. For each six (6) month extension, at the sole option of the BOCC, the face amount of the LOC shall be subject to re- certification by Owner's Engineer of the cost of completion and review by the BOCC. d. Unenforceable LOC. Should the LOC become void or unenforceable for any reason, including bankruptcy of the Owner or the financial institution issuing or confirming the LOC, prior to the BOCC's approval of Owner's Engineer's certification of completion of the Subdivision Improvements, this SIA shall become void and of no force and effect and the Final Plat shall be vacated pursuant to the terms of this S1A. e. Partial Releases of Security. Owner may request partial releases of the LOC, and shall do so by means of submission to the Building and Planning Department of a written request for partial release of LOC, accompanied by the Owner's Engineer's stamped certificate of partial completion of improvements. The Owner's Engineer's seal shall certify that the Subdivision Improvements have been constructed in accordance with the requirements of this SIA, including all Final Plat Documents and the Preliminary Plan Approval. Owner may also request release for a portion of the security upon proof that 1) Owner has a valid contract with a public utility company regulated by the Colorado Public Utilities Commission obligating such company to install certain utility lines; and 2) Owner has paid to the utility company the cost of installation as required by the contract. The BOCC shall authorize successive releases of portions of the face amount of the LOC as portions of the Subdivision Improvements, dealt with in this Paragraph 3, are certified as complete to the BOCC by the Owner's Engineer and said certification is approved by the BOCC. f. BOCC's Investigation. Notwithstanding the foregoing, upon submission of the Owner's written request for partial release of LOC, along with Owner's Engineer's 5 ■III In F'1!II I All AIM .14.11141 Mil 11111 Reception#: 753017 07/25/2008 08,36,22 RM Jean Alberico 6 of 26 Rec Fee,$0.00 Doc Fee. 0.00 GARFIELD COUNTY CO certificate of partial completion of improvements, the BOCC may review the certification and may inspect and review the Subdivision Improvements certified as complete to determine whether or not they have been constructed in compliance with relevant specifications, as follows: i. If no letter of potential deficiency is furnished to Owner by the BOCC within fifteen (15) business days of submission of Owner's written request for partial release of LOC, accompanied by Owner's Engineer's certificate of partial completion of improvements, all Subdivision Improvements certified as complete shall be deemed approved by the BOCC, and the BOCC shall authorize release of the appropriate amount of security. ii. If the BOCC chooses to inspect and determines that all or a portion of the Subdivision Improvements certified as complete are not in compliance with the relevant specifications, the BOCC shall furnish a letter of potential deficiency to the Owner, within fifteen (15) business days of submission of Owner's written request for partial release of LOC, accompanied by Owner's Engineer's certificate of partial completion of improvements. iii. If a letter of potential deficiency is issued identifying a portion of the certified Subdivision Improvements as potentially deficient, then all Subdivision Improvements not identified as potentially deficient shall be deemed approved by the BOCC, and the BOCC shall authorize release of the amount of security related to the Subdivision Improvements certified as complete and not identified as potentially deficient. iv. With respect to Subdivision Improvements identified as potentially 6 1111 MI '��II�� �,�+�G�l�h�l 1t'i'.1",bill 11111 Reception#: 753017 07/2512008 08:36:22 ASI Jean Alberico 7 of 26 Rec Fee $0.00 Doc Fee 0.00 GARFIELD COUNTY C0 deficient in a letter of potential deficiency, the BOCC shall have thirty (30) days from the date of the letter to complete the initial investigation, begun under subparagraph 3.f.ii., above, and provide written confirmation of the deficiency(ies) to the Owner. v. If the BOCC finds that the Subdivision Improvements are complete, in compliance with the relevant specifications, then the appropriate amount of security shall be authorized for release within ten (10) business days after completion of such investigation. g. BOCC Completion of Improvements and Other Remedies. If the BOCC finds, within the thirty (30) day period of time, defined in subparagraph 3.f.iv. above, that the Subdivision Improvements are not complete, or if the BOCC determines that the Owner will not or cannot construct any or all of the Subdivision Improvements, whether or not Owner has submitted a written request for release of LOC, the BOCC may withdraw and employ from the LOC such funds as may be necessary to construct the Subdivision Improvements in accordance with the specifications, up to the face amount or remaining face amount of the LOC. In such event, the BOCC shall make a written finding regarding Owner's failure to comply with this SIA prior to requesting payment from the LOC. In lieu of or in addition to drawing on the LOC, the BOCC may bring an action for injunctive relief or damages for the Owner's failure to adhere to the provisions of this SIA regarding Subdivision Improvements. The BOCC shall provide the Owner a reasonable time to cure any identified deficiency(ies) prior to requesting payment from the LOC or filing a civil action. h. Final Release of Security. Upon completion of all Subdivision Improvements, other than revegetation, and including off-site improvements, Owner shall submit to the BOCC, through the Building and Planning Department: 1) record drawings bearing the stamp 7 1IIIF"'3111II64011h1,%Ii iP ,IiCMI'J 11III Reception#: 753017 07125/2008 08.36:22 RM Jean Rlberico 8 of 26 Rec Fee,$0.00 Doc Fee:0.00 GARFIELD COUNTY CO of Owner's Engineer certifying that all Subdivision Improvements including off-site improvements, have been constructed in accordance with the requirements of this SIA, including all Final Plat Documents and the Preliminary Plan Approval, in hard copy and digital format acceptable to the BOCC; 2) copies of instruments conveying real property and other interests which Owner is obligated to convey to the Homeowner's Association of the Subdivision at the time of Final Plat Approval, and 3) a written request for final release of LOC, along with Owner's Engineer's stamp and certificate of final completion of improvements. i. The BOCC shall authorize a final release of the LOC after the Subdivision Improvements are certified as final to the BOCC by the Owner's Engineer and said final certification is approved by the BOCC. If the BOCC finds that the Subdivision Improvements are complete, in accordance with the relevant specifications, the BOCC shall authorize release of the final amount of security, within ten (10) business days following submission of the Owner's written request for final release of LOC accompanied by the other documents required by this paragraph 3.h. ii. Notwithstanding the foregoing, upon Owner's written request for final release of LOC, accompanied by Owner's Engineer's certificate of final completion of improvements, the BOCC may inspect and review the Subdivision Improvements certified as complete. if the BOCC does so review and inspect, the process contained in paragraph 3.f., above, shall be followed. iii. If the BOCC finds that the Subdivision Improvements are complete, in accordance with the relevant specifications, the BOCC shall authorize final release of security within ten (10) days after completion of such investigation. 8 1111!M.11.111+ 011M,W1,4i,litrOLICells 11 11 1 Reception#: 753017 07/25!2008 08.36:22 RM Jean Rlberico 9 of 26 Rec Fee:$0.00 Doc Fee:0.00 GARFIELD COUNTY CO iv. If the BOCC finds that the Subdivision Improvements are not complete, in accordance with the relevant specifications, the BOCC may complete remaining Subdivision Improvements, or institute court action in accordance with the process outlined in paragraph 3.g., above. 4. SECURITY FOR REVEGETATION. a. Revegetation LOC and Substitute Collateral. Eighteen thousand seven hundred dollars $18,700 of the face amount of the LOC, specified in Paragraph 3a above, shall be allocated to revegetation of disturbed areas within the Subdivision ("Revegetation LOC"), the cost for which is detailed as a subdivision improvement in Exhibit B. The Revegetation LOC shall be valid for a minimum of two (2) years following recording of the Final Plat. The BOCC, at its sole option may permit the Owner to substitute collateral other than a Letter of Credit, in a form acceptable to the BOCC, for the purpose of securing the completion of revegetation. b. Revegetation LOC General Provisions. The provisions of paragraphs 3.b., 3.c. and 3.d., above, dealing with Letter of Credit requirements, extension of expiration dates, increase in face amounts, plat recording and plat vacating shall apply to the Revegetation LOC. c. Revegetation Review and Notice of Deficiency. Upon establishment of revegetation, the Owner shall request review of the revegetation work by the Garfield County Vegetation Management Department, by telephone or in writing. Such review shall be for the purpose of verification of success of revegetation and reclamation in accordance with the Garfield County Weed Management Plan 2000, adopted by Resolution No. 2002-94 and recorded in the Office of the Garfield County Clerk and Recorder as Reception No. 580572, 9 1111E% h 1:1N111c4T.I4' LhiliIiVATKti'L# Mil 11111 Reception#: 753017 07/25/2008 08:36:22 AM Jean Alberico 10 of 26 Rec Fee $0 00 Doc Fee:0.00 GARFIELD COUNTY GO in Book 1251, at Page 566, as amended, and the revegetation/reclamation plan for the Subdivision submitted as part of the Final Plat Documents. If the Vegetation Management Department refuses approval and provides written notice of deficiency(ies), the Owner shall cure such deficiency(ies) by further revegetation efforts, approved by the Vegetation Management Department, as such efforts may be instituted within the two (2) years following recording of the Final Plat. d. Single Request for Release of Revegetation LOC. Following receipt of written approval of the Vegetation Management Department, the Owner may request release of the Revegetation LOC and shall do so by means of submission to the BOCC, through the Building and Planning Department, of a written request for release of Revegetation LOC, along with certification of completion by the Owner, or Owner's agent with knowledge, and a copy of the written approval of the Vegetation Management Department. It is specifically understood by the parties that the Revegetation LOC is not subject to successive partial releases, as authorized in paragraph 3.e., above. Further, the Revegetation LOC and the BOCC's associated rights to withdraw funds and bring a court action may survive final release of the LOC securing other Subdivision Improvements, defined in paragraph 3.a., above. e. BOCC's Completion of Revegetation and Other Remedies. If Owner's revegetation efforts are deemed by the BOCC to be unsuccessful, in the sole opinion of the BOCC upon the recommendation of the Vegetation Management Department, or if the BOCC determines that the Owner will not or cannot complete revegetation, the BOCC, in its discretion, may withdraw and employ from the Revegetation LOC such funds as may be necessary to carry out the revegetation work, up to the face amount of the Revegetation 10 ■III K FITIVIKII ,LI IL4'ILliel iIIttOICYi 14116 Hid 11111 Reception#: 753017 07!25!2008 08:36:22 RM Jean Alberico 11 of 26 Rec Fee:$0.00 Doc Fee:0.00 GRRFIELD COUNTY CO LOC. In lieu of or in addition to drawing on the Revegetation LOC, the BOCC may bring an action for injunctive relief or damages for the Owner's failure to adhere to the provisions of this SIA related to revegetation. The BOCC shall provide the Owner a reasonable time to cure any identified deficiency prior to requesting payment from the Revegetation LOC or filing a civil action. 5. WATER SUPPLY. As stated in paragraph 13, below, prior to issuance by the BOCC of any certificates of occupancy for residences or other habitable structures constructed within the Subdivision, Owner shall install, connect and make operable a water supply and distribution system for potable water, fire protection, and non -potable irrigation water in accordance with approved plans and specifications. All easements and rights-of-way necessary for installation, operation, service and maintenance of such water supply and distribution system(s) shall be as shown on the Final Plat. Owner shall deposit with the Garfield County Clerk and Recorder executed originals of the instruments of conveyance for easements appurtenant to the water system(s), for recordation following recording of the Final Plat and this SIA. All facilities and equipment contained within the water supply system(s) for the fire protection and non -potable irrigation water supply shall be transferred by Owner to the Homeowner's Association of the Subdivision. 6. PUBLIC ROADS. All roads within the Subdivision shall be dedicated by the Owner to the public as pubic rights-of-way and shall be accepted by the BOCC, on behalf of the public, on the face of the Final Plat. The Homeowner's Association of the Subdivision shall be solely responsible for the maintenance, repair and upkeep of said rights-of-way, including the traveled surface of the roadways and portions of the rights-of-way outside of the traveled surface. The BOCC shall not be obligated to maintain any road rights-of-way within the Subdivision. 7. PUBLIC UTILITY RIGHTS-OF-WAY. Whether or not utility easements exist 11 1111 A'AFIT.1:1 P111,NTIV1V1O4'GCK'L " IJ 11 III Reception#: 753017 07!25!2008 08:36:22 AM Jean Albert= 12 of 26 Rec Fee:$0.00 Doc Fee 0.00 GARFIELD COUNTY CO elsewhere in the Subdivision, all road rights-of-way within the Subdivision shall contain rights-of-way for installation and maintenance of utilities. Public utility easements shall be dedicated by the Owner to the public utilities on the face of the Final Plat, subject to the Garfield County Road and Right -of - Way Use Regulations, recorded as Reception No. 643477, in Book 1548, at Page 918 and as amended. The Homeowner's Association of the Subdivision shall be solely responsible for the maintenance, repair and upkeep of said public utility easements, unless otherwise agreed to with the public utility company(ies). The BOCC shall not be obligated for the maintenance, repair and upkeep of any utility easement within the Subdivision. In the event a utility company, whether publicly or privately owned, requires conveyance of the easements dedicated on the face of the Final Plat by separate document, Owner shall execute and record the required conveyance documents. 8. CONVEYANCE OF OPEN SPACE. The common open space parcel(s) identified on the Final Plat of the Subdivision shall be conveyed by Owner to the Homeowner's Association at the time of Final Plat Approval. Owner shall deposit with the Garfield County Clerk and Recorder executed original(s) of the instrument(s) of conveyance for recordation following recording of the Final Plat and this SIA. 9. INDEMNITY. The Owner shall indemnify and hold the BOCC harmless and defend the BOCC from all claims which may arise as a result of the Owner's installation of the Subdivision Improvements including revegetation and any other agreement or obligation of Owner, related to development of the Subdivision, required pursuant to this SIA. The Owner, however, does not indemnify the BOCC for claims made asserting that the standards imposed by the BOCC are improper or the cause of the injury asserted, or from claims which may arise from the negligent acts or omissions of the BOCC or its employees. The BOCC shall notify the Owner of receipt by the BOCC of a notice of claim or a notice of intent to sue, and the BOCC shall afford the Owner the option of 12 ■III 11111 Reception#: 753017 07/25/2008 09.36:22 9M Jean 9lberico 13 of 26 Rac Fee:$0.00 Doc Fee.0 CO GARFIELD COUNTY CO defending any such claim or action. Failure to notify and provide such written option to the Owner shall extinguish the BOCC's rights under this paragraph. Nothing in this paragraph shall be construed to constitute a waiver of the Sovereign Immunity granted to the BOCC by Colorado statutes and case law. 10. ROAD IMPACT FEE. Pursuant to the Garfield County subdivision regulations, a Road Impact fee of fifteen thousand eight hundred forty-seven dollars and ninety-two cents ($15,847.92) has been established for the residential units within the Subdivision. Owner shall pay fifty percent (50%), i.e., seven thousand nine hundred twenty-three dollars and ninety-six cents ($7,923.96) of the Road Impact Fee to the Garfield County Treasurer at or prior to the time of recording of the Final Plat. The remaining 50%, i.e., seven thousand nine hundred twenty-three dollars and ninety-six cents ($7,923.96), will be collected pro rata i.e. one thousand three hundred twenty dollars and sixty-six cents ($1,320.66) from each lot owner at the time a building permit issues for a residence within the Subdivision. 11. FEES IN LIEU OF DEDICATION OF SCHOOL LAND. Owner shall make a cash deposit in lieu of dedicating land to the Parachute 16 School District, calculated in accordance with the Garfield County subdivision regulations and the requirements of state law. The Owner and the BOCC acknowledge and agree that the cash in lieu payment for the Subdivision is calculated as follows: for Parachute 16 School District, $200.00 per unit. The Owner, therefore, shall pay to the Garfield County Treasurer, at or prior to the time of recording of the Final Plat, one thousand two hundred dollars ($1,200) as a payment in lieu of dedication of land to the Parachute 16 School District. Said fee shall be transferred by the BOCC to the school district in accordance with the provisions of 30-28-133, C.R.S., as amended, and the Garfield County subdivision regulations. 13 ■III!��iF'I�t� 'iWl��P �l '�l+ll��I � �I �.��� 1II11 Reception#: 753017 0712512000 06:36:22 AM Jean Alberico 14 of 26 Rec Fee:$0.00 Doc Fee:0.00 GARFIELD COUNTY CO The Owner agrees that it is obligated to pay the above -stated fee, accepts such obligations, and waives any claim that Owner is not required to pay the cash in lieu of land dedication fee. The Owner agrees that Owner will not claim, nor is Owner entitled to claim, subsequent to recording of the Final Plat of the Subdivision, a reimbursement of the fee in lieu ofland dedication to the Parachute 16 School District. 12. SALE OF LOTS. No lots, tracts, or parcels within the Subdivision may be separately conveyed prior to recording of the Final Plat in the records of the Garfield County Clerk and Recorder. 13. BUILDING PERMITS AND CERTIFICATES OF OCCUPANCY. As one remedy for breach of this SIA, the BOCC may withhold issuance of building permits for any residence or other habitable structure to be constructed within the Subdivision. Further, no building permit shall be issued unless the Owner demonstrates to the satisfaction of the Grand Valley Fire Protection District ("District"), if the Fire District has so required, that there is adequate water available to the construction site for the District's purposes. No certificates of occupancy shall issue for any habitable building or structure, including residences, within the Subdivision until all Subdivision Improvements, except revegetation, have been completed and are operational as required by this SIA. Owner shall provide the purchaser of a lot, prior to conveyance of the lot, a signed copy of a form in substantially the same form as that attached to and incorporated herein by reference as Exhibit "D", concerning the restrictions upon issuance of building permits and certificates of occupancy detailed in this SIA. 14. CONSENT TO VACATE PLAT. In the event the Owner fails to comply with the terms of this SIA, the BOCC shall have the ability to vacate the Final Plat as it pertains to any lots for which building permits have not been issued. As to lots for which building permits have been issued, the Plat shall not be vacated and shall remain valid. In such event, the Owner shall provide 14 ■IIIliYIFIVINIONUCLIAMMA ki 11111 Reception#: 753017 07/25/2008 08,36:22 RM Jean Alberico 15 of 26 Rec Fee:$0.00 Doc Fee 0.0C GARFIELD COUNTY CO the BOCC a plat, suitable for recording, showing the location by surveyed legal description of any portion of the Final Plat so vacated by action of the BOCC. If such a Plat is not signed by the BOCC and recorded, or if such Plat is not provided by the Owner, the BOCC may vacate the Final Plat, or portions thereof, by resolution. 15. ENFORCEMENT. In addition to any rights provided by Colorado statute; the withholding of building permits and certificates of occupancy, provided for in paragraph 13, above; the provisions for release of security, detailed in paragraph 3, above; and the provisions for plat vacation, detailed in paragraph 14, above, it is mutually agreed by the BOCC and the Owner, that the BOCC, without making an election of remedies, and any purchaser of any lot within the Subdivision shall have the authority to bring an action in the Garfield County District Court to compel enforcement of this SIA. Nothing in this SIA, however, shall be interpreted to require the BOCC to bring an action for enforcement or to withhold permits or certificates or to withdraw unused security or to vacate the Final Plat or a portion thereof, nor shall this paragraph or any other provision of this SIA be interpreted to permit the purchaser of a lot to file an action against the BOCC. 16. NOTICE BY RECORDATION. This SEA shall be recorded in the Office of the Garfield County Clerk and Recorder and shall be a covenant running with title to all lots, tracts and parcels within the Subdivision. Such recording shall constitute notice to prospective purchasers and other interested persons as to the terms and provisions of this SIA, 17. SUCCESSORS AND ASSIGNS. The obligations and rights contained herein shall be binding upon and inure to the benefit of the successors and assigns of the Owner and the BOCC. 15 1111n FIMP144111.1%JL4' LiIi RN 1111 Reception#: 753017 07/25/2008 0E1,36:22 RM Jean Alberico 16 of 26 Rec Fee $0.00 Doc Fee:O.00 GARFIELD COUNTY CO 18. CONTRACT ADMINISTRATION AND NOTICE PROVISIONS. The representatives of the Owner and the BOCC, identified below, are authorized as contract administrators and notice recipients. Notices required or permitted by this SIA shall be in writing and shall be effective upon the date of delivery, or attempted delivery if delivery is refused. Delivery shall be made in person, by certified return receipt requested U.S. Mail, receipted delivery service, or facsimile transmission, addressed to the authorized representatives of the BOCC and the Owner at the address or facsimile number set forth below: Owner: Specialty Restaurants Corporation 8191 East Kaiser Boulevard Anaheim, CA 92808 Phone: 714-279-6100 Fax: 714-998-4861 BOCC: w/copy to, Rocky Mountain Realtors, Inc. 820 Castle Valley Blvd., #108 New Castle, CO. 81647 Phone: (970) 984-3720 Fax: (970) 984-3721 Board of County Commissioners of Garfield County, Colorado c/o Building & Planning Dir. 108 8th Street, Suite 401 Glenwood Springs, CO 81601 Phone: (970) 945-8212 Fax: (970) 384-3470 19. AMENDMENT AND SUBSTITUTION OF SECURITY. This SIA may be modified, but only in writing signed by the parties hereto, as their interests then appear. Any such amendment, including, by way of example, extension of the Completion Date, substitution of the form of security, or approval of a change in the identity of the security provider/issuer, shall be considered by the BOCC at a scheduled public meeting. If such an amendment includes a change in the identity 16 1111 PIA r1 it 1 1111 Reception#: 753017 07f2512038 06,36:22 RM Jean Rlberico 17 of 26 Rec Fee:$0,00 Doc Fee 0.00 GRRFIELD COUNTY CO of the provider/issuer of security, due to a conveyance of the Subdivision by the Owner to a successor in interest, Owner shall provide a copy of the recorded assignment document(s) to the BOCC, along with the original security instrument. Notwithstanding the foregoing, the parties may change the identification of notice recipients and contract administrators and the contact information provided in paragraph 18, above, in accordance with the provisions of that paragraph and without formal amendment of this SIA and without consideration at a BOCC meeting. 20. COUNTERPARTS. This SIA may be executed in counterparts, each of which shall be deemed an original, and all of which, when taken together, shall be deemed one and the same instrument. 21. VENUE AND JURISDICTION. Venue and jurisdiction for any cause arising out of or related to this SIA shall lie with the District Court of Garfield County, Colorado, and this SIA shall be construed according to the laws of the State of Colorado. 17 1111I'iriFIVINI. ,,L411,I0INCHtiIiiii 11111 Reception#: 753017 07126/2008 08.36:22 RM Jean Plberico 16 of 26 Rec Fee:$0.00 Doc Fee0.00 GARFIELD COUNTY CO IN WITNESS WHEREOF, the parties have signed this SEA to be effective upon the date of Final Plat Approval for the Subdivision. ATTEST: BOARD OF OF GAR NTY COMMISSIONERS UNTY, COLORADO VVI, CEJ w'4 By: to the Board STATE OF C'c�e f � a ) )ss. COUNTY OF LO-4.cr ) Subscribed and sworn to representative of - c, c. - juniE 200. before Chairman Date: OWN Bv. 1 N/t) P. 114/C./;i CT ct - emai1 ame and Title) Date: 6 - / 7— c 7 me by P , WITNESS my hand and official seal. My commission expires: 3 -07(--/O LYNETTE M. KELLUM Commission # 1553359 Notary Public - California Orange County My Comm. Expires Mar 21, 2010 an authorized Owner of the Subdivision, this /7 - day of Nota 18 Public 1111K 1111 Reception#: 753017 07/25/2008 08:36:22 PM Jean Alberico 19 of 26 Rec Fee:$0.00 Doc Fee:0.00 GARFIELD COUNTY CO EXHIBIT A 19 1111 4 11x7,ir illi �1 i1ri illi Ltell 1fh�� INI141ii 11111 Reception#. 7530 lean Alberich 07(2512008 08:36 22 0 20 of 26 Rec Fee:$0,00 Doc Fee:0.00 GARFIELD COUNTY CO EXHIBIT A SUBDIVISION IMPROVEMENTS AGREEMENT PIONEER GLEN SUBDIVISION APPROVED FOR CONSTRUCTION PLANS FEBRUARY 27, 2008 C-1 Title Sheet C-2 Final Plat Map 1 of 2 C-3 Final Plat Map 2 of 2 C-4 Grading, Drainage and Erosion Control Plan C-5 Roadway and Utility Plan and Profile: Pioneer Drive C-6 Roadway and Utility Plan and Profile: Pioneer Ct. C-7 Master Utility Plan C-8 Utility Detail Sheet C-9 Drainage & Erosion Control Detail Sheet 20 ■III Pridriiiirt151II11iGifi1 'itiiiiiig'Ri'41 Mill •1111 Reception#. 753017 07126(2008 08:36:22 AM Jean Rlberico 21 of 26 Rec Fee:$0.0C Doc Fee:0.00 GARFIELD COUNTY CO EXHIBIT B 21 1111 ri Ft71'1: i1411 .WAVAILI ,IiRritIM'411.41411 III Reception#: 753017 07125/2008 08:36:22 RM Jean nlberico 22 of 26 Rec Fee:$0.00 Doc Fee:0.0C GARFIELD COUNTY CO ITEM QUANTITY Ttgk Earthwork Soil Retention Blanket NAG -SC -150 Soil Retention Blanket NAG -C350 780 355 L.S. S.Y. S.Y. Erosion and Sediment Control (fence, haybales, runoffs, etc) L.S NPDES Permitting .5. Wetland ReconstructionlRevegation L.S. St50100 Remove and Dispose of Unsuitable Material 50 C.Y. 21500-:00. General Revegetation of Disturbed Areas 15500 S.Y. 3f8' Chipseal 3420 4,,80.00 6" Class 6 ABC under Chipseal 660 $334000;* 12" Class 2 ABC under Class 6 ABC 1320 ---price includes 18'0 CPP (ADS N -12 -WT) 18'0 Flared End Section .. p.WM. . —price includes trenching and fittings --- Completed Weil System (Pump, 2500 Gallon Concrete Tank, Controls, Service Line, etc.) 8€Yx�F 06 ..60•000.00 ---price includes trenching and fittings -- Pump System (Pump, Pad, Hoses, Screen, Conctrols, etc.) 4" Sch. 40 PVC 1-114" Irrigation Service Blowoff Valve Assembly '$20 Q4s0Q 2-4" and 2-6" Conduit Sleeves for GET Onsite Trenching for Xcel Energy (Gas) Onsite Trenching for Holy Cross & Qwest (Electric & Telephone) Offsite Trenching for Qwest (Telephone) Electric Transformer Base Powerfi'elephone Pole Drop Mobilization, Demobilization and GC Management Class I Ground Sign (Street,Stop,Speed. Child Playing) 00 tt • y0 hi These values are s only and ^1€ ■IIIEi' 'i,4N4 11111 Reception#: 753017 07/25/2008 08:36.22 AM Jean Alberico 23 of 26 Rec Fee:$0.00 Doc Fee:0.00 GARFIELD COUNTY GO EXHIBIT C 23 1111K WI& WL 'iUli il1411rh+1CGAV 11111 Reception#: 753017 07!25/2008 08:0.22 RM Jean Alberico 24 of 26 Rec Fee:$0.00 Doc Fee.0.00 GARFIELD COUNTY CO EXHIBIT D 24 ■«i FITI tIHIN !IL4 1,1114461141Ni 111111 Reception#: 753017 07f25/2008 08:36:22 AM Jean Rlbericc 25 of 26 Rec Fee!$0.00 Doc Fee0.00 GARFIELD COUNTY GO EXHIBIT D SUBDIVISION IMPROVEMENTS AGREEMENT PIONEER GLEN SUBDIVISION NOTICE REGARDING BUILDING PERMITS AND CERTIFICATES OF OCCUPANCY TO: ALL PURCHASERS OF HOME SITES WITHIN PIONEER GLEN SUBDIVISION YOU ARE HEREBY NOTIFIED under applicable Garfield County regulations, you may not commence construction of a residence within unincorporated Garfield County, including Pioneer Glen Subdivision, prior to issuance of a building permit by Garfield County. Under the terms of the Subdivision Improvements Agreement between Garfield County and Specialty Restaurants Corporation, Garfield County will not issue building permits for property in Pioneer Glen Subdivision, until: 1. The Owner/Developer has demonstrated to the satisfaction of the Grand Valley Fire Protection District that adequate water is available to the construction site for the Fire District's purposes. 2. A site-specific geo-technical study, completed by a registered Geo -Technical Engineer, has been presented to the Building and Planning Department for review, along with a registered design professional's certification that the structure design is based on the site-specific study. The cost of the studies shall be borne by the purchaser of the home site. 3. A site specific Individual Sewage Treatment System designed by a registered Professional Engineer has been presented to the Building and Planning Department for review. The cost of the design shall be borne by the purchaser of the home site. 4. A site specific grading plan for conveyance of Storm water through the lot designed by a registered Professional Engineer has been presented to the Building and Planning Department for review. The cost of the design shall be borne by the purchaser of the home site. 5. The remaining 50% of the Garfield County Road Impact Fee i.e. seven thousand nine hundred twenty- three dollars and ninety-six cents ($7,923.96) in the pro rata amount of one thousand three hundred twenty dollars and sixty-six cents ($1,320.66) per Lot is paid by the party seeking the building permit. Note: The Owner/Developer paid 50% of such fee as part of the subdivision approval process. 6. The Owner/Developer has paid to the Garfield County Treasurer the fee of one thousand two hundred dollars ($1,200) as a payment in lieu of dedication of land to the Parachute 16 School District. Note: The Owner/Developer paid such fee as part of the subdivision approval process. 25 1111 iA. F171011Lwi ,HIW1 %I ,10TriTiIVi'L i M'li 11111 Reception#: 753017 07/28/2008 08:36:22 AM lean Rlberico 26 of 26 Rec Fee:$0.00 Doc Fee:0 00 GARFIELD COUNTY CO Additionally, Garfield County will not issue Certificates of Occupancy for any structures within Pioneer Glen Subdivision until all of the subdivision improvements have been completed and are operational in accordance with the Subdivision Improvements Agreement between Garfield County and Specialty Restaurants Corporation. OWNERISUBDIVIDDEER: f ' 4-t R nil irk- A) Specialty Restaurants Corporation The foregoing Notice was read and understood by the undersigned Purchaser of a home site within Pioneer Glen Subdivision, this day of 200_. 26 PURCHASER: (Type Name) (Type Address)