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HomeMy WebLinkAbout8.0 Exhibits - Release of Agreement Restricting Transfer of Lots 10.02.2017Board of County Commissioners, October 2, 2017 Exhibits — Pinyon Mesa Filing 2 — Release of Agreement Restricting Transfer of Lots Exhibit Number Exhibit 1 Staff Memo to Board of County Commissioners — Pinyon Mesa Security Release 2 Release of Agreement Restricting Transfer of Lots 3 Cover Letter from David Kotz of SGM requesting Release of Agreement Restricting Transfer of Lots, Dated August 23, 2017 4 Request for Final Release of Transfer Restriction (Exhibit F) from David Kotz of SGM, Dated August 29, 2017 5 Record Utility Plan stamped by David Kotz, PE, of SGM for Pinyon Mesa II Final Plat / Construction 6 Bargain and Sale Deed for the transfer of Open Space A to the Pinyon Mesa Homeowners Association 7 Bill of Sale from PMGC2, LLC to the Pinyon Mesa Homeowners Association for Water Transmission Facilities and Wastewater Collection Facilities 8 Pinyon Mesa Filing 2 Subdivision Improvements Agreement 9 Pinyon Mesa Filing 2 Agreement Restricting Transfer of Lots 10 Pinyon Mesa Filing 2 Preliminary Plan Resolution of Approval, Resolution Number 2007-04 EXHIBIT 1 Memo To: Board of County Commissioners From: David Pesnichak, Senior Planner Date: 10/2/17 Re: Pinyon Mesa Filing 2 - Subdivision Improvements Agreement Final Request for Release of Agreement Restricting Transfer of Lots On September 19, 2016 the Board of County Commissioners approved a final plat, Subdivision Improvements Agreement ("SIA"), and Agreement Restricting Transfer of Lots ("Agreement") for the Pinyon Mesa Filing 2 Subdivision ("Subdivision"). The Subdivision of the property required certain improvements that were memorialized in the SIA and secured with the Agreement. The Applicant has requested a final release of the Agreement and, in addition to the conveyance instruments to the homeowners association, they have adequately demonstrated completion of the remaining required improvements by the seal of a licensed engineer certification regarding the completion of the required improvements. The Applicant has provided a 'Release of Agreement Restricting Transfer of Lots' that has been reviewed by the County Community Development Department and County Attorney's Office and appears to be adequate. A final release of security for public improvements requires the Applicant submit additional information including: 1. Record drawings bearing the stamp of Owner's engineer certifying that all Subdivision Improvements have been constructed in accordance with the requirements of the SIA, including all Final Plat Documents; and, 2. Copies of instruments conveying real property and other interests which the owner was obligated to convey to the homeowner's association or other entity at the time of Final Plat Approval; and, 3. A Written Request for Final Release of Security, in the form prescribed by the SIA, along with Owner's engineer's stamp and certificate of final completion of the Subdivision improvements. The County is in receipt of the required information and therefore Staff recommends approval of the request and authorization for the Chairman to sign the 'Release of Agreement Restricting Transfer of Lots' required by the SIA for the Subdivision. 1 EXHIBIT RELEASE OF AGREEMENT RESTRICTING TRANSFER OF LOTS This RELEASE OF AGREEMENT RESTRICTING TRANSFER OF LOTS ("Release") is executed this 2nd Day of October, 2017 by the Board of County Commissioners of Garfield County, Colorado ("County"). RECITALS WHEREAS, PMGC 2, LLC, a Texas limited liability company ("Owner") is the owner and developer of Phase II of the Pinyon Mesa Subdivision, consisting of approximately 33.798 acres of real property which is legally described by that certain Final Plat of Pinyon Mesa Filing 2, according to the plat thereof recorded September 20, 2016, as Reception No. 882620 ("Subdivision"); and WHEREAS, contemporaneously with the recordation of the final plat of the Subdivision, Owner and Garfield County entered into a Subdivision Improvement Agreement ("SIA") recorded on September 19, 2016 and recorded as Reception No. 882621 in the records of Garfield County, which requires Owner to make certain public improvements within the Subdivision; and WHEREAS, as security for such public improvements, Owner and the County entered into an Agreement Restricting Transfer of Lots ("Agreement") recorded on September 20, 2016 at Reception No. 882622 in the records of Garfield County, Colorado; and WHEREAS, the Agreement restricted the transfer of lots described as Lots 49-58, of the Subdivision ("Lots") until such time as the public improvements were completed; and WHEREAS, Paragraph 1.3 of the Agreement provided that upon completion of all Improvements, as defined by the SIA, that the County shall enter into an agreement releasing the Transfer Restriction on the Lots, and upon recordation of such agreement, the Transfer Restriction shall no longer encumber the Lots or any other portion of the Subdivision; and WHEREAS, Owner has presented certification to the County from a licensed engineer that construction of Improvements is final, and intends to release the transfer restriction on all Lots by recording this document. RELEASE OF TRANSFER RESTRICTION NOW THEREFORE, in consideration of the completion of the Improvements required by the SIA, the County does hereby fully and absolutely release, cancel, and forever discharge the Agreement Restricting Transfer of the Lots recorded on September 20, 2016 at Reception No. 882622 in the records of Garfield County, Colorado from the Lots together with all privileges and appurtenance thereto belonging. The transfer restriction established by the Agreement shall henceforth no longer encumber the Lots or any portion of the Subdivision. IN WITNESS WHEREOF, the County has executed this Release of Agreement Restricting Transfer of Lots on the day and year first written above. BOARD OF COUNTY COMMISSIONERS FOR THE COUNTY OF GARFIELD, STATE OF COLORADO By: John Martin, Chairman ATTEST: Jean Alberico, Clerk and Recorder Garfield County, Colorado 2 August 23, 2017 Board of County Commissioners Garfield County, Colorado c/o Director of Building and Planning 108 8th Street, Suite 401 Glenwood Springs, CO 81601 RE: Pinyon Mesa Subdivision Phase 2 Engineer's Certificate of Completion Board of County Commissioners: SGM www.sgm-inc.com b a EXHIBIT On behalf of PMGC2, LLC, SGM provides this letter as the Engineer's Certificate of Completion for the Public Improvements associated with Pinyon Mesa Phase II. Throughout the construction process, SGM conducted periodic site visits to observe construction practices for ongoing and completed work. We participated in construction meetings with the contractor, David Rippy Construction (DRC) and owner representative Ron Norman. We reviewed construction testing reports from H -P Kumar that indicated satisfactory conformance with the specifications for earthworks, concrete and asphalt work. SGM surveyors performed construction staking as requested by DRC and also completed a post --construction survey to document as -constructed grades and surface improvements. SGM field personnel witnessed successful water system and sewer system tests and we have received evidence of successful bacteriological tests from the Snowmass Water and Sanitation District lab for the potable water. Based on the above, SGM has concluded that the infrastructure work is complete and that it was performed in substantial compliance with the engineered plans, specifications, and the requirements of the Subdivision Improvements Agreement. Revegetation is covered by a separate Treasurer's Deposit Agreement with a security amount of $12,500. This work will occur during the appropriate seeding window starting in October. Please contact me if you have any questions, comments or require clarification of this letter. Sincerely, SGM, 1 David M. Kotz, P.E. GLE1502511OOD SPRINGS"' ',1;18 West Sixth St, Suite 200 1 Glenwood Springs, CO 81601 1 970.945.1004 EXHIBIT F REQUEST FOR FINAL RELEASE OF TRANSFER RESTRICTION AUGUST 29, 2017 Board of County Commissioners Garfield County, Colorado c/o Director of Building and Planning 108 8th Street, Suite 401 Glenwood Springs, CO 81601 RE: Pinyon Mesa Subdivision Phase 2 SSGM www.sgm-inc.com EXHIBIT Y This request is written to formally notify the BOCC of work completed for Pinyon Mesa, Phase 2. On behalf of the Owner PMGC2, LLC, we request that the BOCC review the attached Engineer's Certificate of Completion and approve a full release of the Restrictive Covenant in the amount of $1,042,640.50. Attached is the certified original cost estimate and work completed schedule, showing that all improvements required by the Improvements Agreement and secured by the Restrictive Covenant have been completed. Also enclosed are the following, required by the Improvements Agreement dated September 19, 2016 between Owner and the BOCC, recorded at Reception No. 882621 at the Real Estate Records of the Garfield County Clerk and Recorder (the "SIA"): 1. record drawings bearing the stamp of Owner's Engineer certifying that all improvements have been constructed in accordance with the requirements of the SIA, both in hard copy and digital format acceptable to the BOCC; and 2. copies of instruments conveying real property and other interests which Owner was obligated to convey to the homeowner's association or other entity at the time of Final Plat Approval. If further information is needed, please contact Chad J. Lee, Esq., Balcomb & Green, at (970) 928- 3469. If you agree that the Restrictive Covenant should be fully released, please complete a request for full release of the Restrictive Covenant to the Garfield County Trustee and return the same to me. avid M. Kotz, P.E. Owner's Engineer GLENWOOD SPRINGS 118 West Sixth St, Suite 200 1 Glenwood Springs, CO 81601 1 970.945.1004 1111 PrKIM, lilt 1 11 1 Reception#: 882621 09/2012016 12:22:38 PM Jean A1berico 34 or 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO Exhibit A-2. Pinyon Mesa Phase II Public Improvements Cost Estimate Unit 1 Lump sum 2 Cubic Yard 3 Cubic Yard 4 Cubic Yard 5 Ton 6 Ton 7 Linear foot (LF) 8 Square feet 9 Each 10 LF 11 LF 12 Each 13 Cubic Yard 14 Each 15 LF 16 LF 17 Each 18 Each 19 Each 20 LF 21 Each 22 Each 23 Each 24 Each 25 Lump sum 26 LF 27 Each Description Mobilization Road over ex - recompact Cut Fill Pit run fill Class 6 road base Asphalt pavint Type 2 curb and gutter Valley Pans and Fillets 48" FES ADS N-12 18" ADS N-12 48" 18" FES Outlet rip rap Drain Inlet w/ 2' overex 8" PVC Sewer Pipe 8" Certo Flo sewer pipe restrain Sewer Service Sewer Manholes with 2' overex Sewer Manholes with Dissipator 8"DIP Water Main Water Main Fittings 8" Gate Valve with Valve Box Fire Hydrant Assembly4 Water Service Erosion Control Shallow Utility Trenching Electric Vault Installation Unit Amount Unit Price SSGM Total 1 845,000.00 845,000.00 12100 87.00 884,700.00 2200 $6.00 $13,200.00 4400 88.00 835,200.00 1900 $30.00 $57,000.00 1000 5105.00 8105,000.00 4400 $28.00 $123,200.00 1620 $9.00 814.580.00 2 $600.00 81,200.00 380 $40.00 815,200.00 80 $115.00 89,200.00 3 $300.00 $900.00 60 $60.00 83,600.00 6 $3,800.00 822,800.00 665 $35.00 $23,275.00 250 $90.00 $22,500.00 15 $2,600.00 $39,000.00 6 $4,600.00 $27,600.00 1 $4,900.00 84.900.00 1900 870.00 $133,000.00 8 8350.00 $2,800.00 3 $2,100.00 $6,300.00 4 $6,200.00 $24,800.00 32 $2,200.00 $70,400.00 1 812,000.00 $12,000.00 4400 $8.75 538,500.00 15 $800.00 $12,000.00 ITEM TOTAL 8947,855.00 10 % Contingency TOTAL W/ CONTINGENCY Note: " 1 This cost estimate is an engineer's opinion of probable cost and is not a quotation or bid. .! • ) As with any estimate, actual costs may vary due to unforeseen circumstances and market conditions 1 (} (f'10,1_ f,C`. :fir $94,785.50 81,042,640.50 f DATE PERIOD ENDING PROJECT NUMBER SUBCONTRACTORS APPLICATION FOR PAYMENT PROJECT DESCRIPTION Pinyon Mesa APPLICATION NUMBER 6 SUBCONTRACTOR David Rlppy Construction, Inc. ITEM NO DE509P 06 oFWORK AP04OVAL WORK. COMPLE TED Vr1• WNOrCE 0 PRENOUS APFIICAIIOs INVOICE DATE -N PAYMENT DATE M06162e600 106• PHASE CODE TYPE S ITEM NO DE509P 06 oFWORK SCHEDULED VALUE WORK. COMPLE TED STORED MATERIALS fNISPERI00 IAT TAC“ PNOICESI TOTAL COMFLETED• STORED TO DATE PRENOUS APFIICAIIOs INNS APPLICA!,ON -N 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 (8 19 20 21 22 M06162e600 540,000.00 40,000.00 0.00 0.00 40,000.00 los 01', Road Overx-Recompad 82,391.00 82,391.00 0.00 0.00 82,391.00 1000' Cut Fal 11,800.00 11,800.00 0.00 0.00 11,800.00 100.0u P4 Run Fill 38,000.00 36,000.00 0.00 0.00 36,000.00 100 0, Class 6 Road base 73,800.00/ 39900.00 36,900.00 0.00 73,800.00 t000'. Asphalt Paving 98,880.00 - 0.00 98.880.00 0.00 98,880.00 100.0. Type 2 Curb 4,500.00 '- 0.00 4,500.00 0.00 4,600.00 100.01,: Valley Pans & Fuels 14.742.00 ' 0.00 14,742.00 0.00 14,742.00 too OR Curb and Gutter ADS N-1218' ADS Nae 48' 88,200.00 r 0.00 88,200.00 0.00 88,200.00 1000- 15,200.00 15,200.00 0.00 0.00 15,200.00 too'.- 8,824.00 8,824.00 0.00 0.00 8,824.00 too 0,-1 18'FES 825.00 825.00 0.00 0.00 825.00 too Outlet Rip Rap 3,800.00 7,200.00 0.00 0.00 7,200.00 .o,- 200 0% Type 1 outlets with over x 22,800.00 22,800.00 0.00 0.00 22,800.00 100 Oil 8' PVC Sewer pipe 23,970.00 23,970.00 0.00 0.00 23,970.00 100.0°5 8' C-903 Sewer pipe restaco p 27,500.00 27,500.00 0.00 0.00 27,500.00 too 0': Sewer Service 39,000.00 39,000.00 0.00 0.00 39,000.00 100.01M Sewer manholes with 2' over X 23,000.00 23,000.00 0.00 0.00 23,000.00 loo 0-y Sewermanhdes with dissipater 9,800.00 9,800.00 0.00 0.00 9,800.00 100.011 8' DIP Water Main 110,670.00 110,670.00 0.00 0.00 110,670.00 too Os Water main Ftongs 2,800.00 2,800.00 0.00 0.00 2,800.00 too ox 8' Gate Valva with Valve box 8,075.00 6,076.00 0.00 0.00 6,075.00 too 05. 23 24 25 26 27 Fire Hydrant Assembly 24.800.00 24,800.00 0.00 0.00 24,800.00 too 0% Water Service 70,400.00 70,400.00 0.00 0.00 70,400.00 100011 Erosion Control 12,000.00 12,000.00 0.00 0.00 12,000.00 100011 OwUll4es 53,812.50 54,521.25 0.00 0.00 54,521.25 1012.1 Electric Vete' install 12.000.00 12,000.00 0.00 0.00 12,000.00 (00.N5 28 CHANGE ORDERS - 29 3o 31 TOTALS Manholes Raise Grade 1,261.87 1251.137 0.00 0.00 1,251.87 1000', Relocate SewerrAdd Water 9,200.00 9200.00 0.00 0.00 9,200.00 I00.0°4 Force Main 24,200,00 24200.00 0.000.00 24,200.00 loo On loo 5,, Pt/EST/COM 952,041,37 713,128.12 243,222.00 f - 956,350.12 TOTAL COMPLETED AND STORED TO DATE VALUE OF STORED VATERVLLS SUBTOTAL LEVI PRE1CU5 APPLICATIONS CUNNENT PAYMENT DUE TOTAL TO DATE 956,350.12 • 958,360.12 713,128.12 •� 243,222.00 -- 4ph%poi �• g PREVIOUS APPLICATIONS 713,128.12 713,128.12 713,128.12 THIS APPLICATION 243,222.00 243,222.00 3,222.00 k RELEASE I hereby certify that the work performed widths materialssWled 10 dal 0. as shown above. represent leo aGuai value en oI accomplishment under nhe tams Nitta Contract (and at aulhonzed changes thereto) between Ilio Ialaeniryled and JJ AI /. 1t 9 s /1 relating to the referenced project. / (also certify that the payments. less applicable retention. have been made through the pared Covered by previous payments received from the contractor or (1) as my subcontractors. (sub -contractors) and (2) fix MI materials and Tabor used In o In conation kWh the perlOrnance of the COntraet. 1 tither certify that Move Competed with Federal Stale and Local tax laws Including Social Security Laws, Unemployment Compensations laws and Workmen's Compensation Laws Insofar as applicable 10 the performance of the Centrad. This release is given en order to a pa]' n1 In the ante( of � / 2s "(net amount paid to dale including this nem]; and upon receipt el said payment the Subcontractor released ?41 7 2. 1„,t C from any further Mihail), n connection who all matenals. labor and services lurnnned 119argh the pay period MOdicaled iiiiii /by the Subcontractor Company Name David Rippy Censwction, Inc Address: 3950 Midland Ave F-2 City. State, 2p. Glenwood springs. CO 81601 Phone. 970-319-0141 Fax. 970'945.0552 By Title Dale. 7177 David Rippv Construction Inc 3950 Midland Ave Suite F-2 Glenwood Springs, CO 81601 Bill To Ron Norman CIO SGM Engineering 118 W 6th Sleet ft200 Glenwood Springs. CO 81601 Quantity Description P.O. No. Invoice Date Invoice # 7/11/2017 2675 Terms Contract Billing t)6 Class 6 Road base Asphalt Paving Type 2 Curb Valley Pans & Fillets Curb and Gutter Project Pinyon f\lesa Phase 11 Rate 36.900.00 98.880.00 4.500,00 14.742.00 88.200.00 Tota I Amount 36.90(1.00 98.880.00 4.500.00 14,712.00 88.200.0(1 5243.222.00 • Mgclea Record Plan Ie.L.+711__... 6SGM r '8 Wast S'.x1n 5lieet. Suite 200 Glenwood Springs, CO 61001 970.945-1004 www.sgn9 nc. corn PMGC2, LLC Pinyon Mesa II Final Plot/Construction _ (0.L.n+ Dore Record Utility Plan ac „ot.c Scok VIII I MINIM r Atinii CIL'i PINiI.L Ih 1I II Reception 896729 08/29/2017 12:07:56 PM Jean Alberlco 1 of 1 Rec Fee:513.00 Doc Fee:0.00 GARFIELD COUNTY CO BARGAIN AND SALE DEED CONFORMED COPY EXHIBIT KNOW ALL BY TIIESE PRESENTS, that PMGC 2, LLC, a Texas limited liability comp "Grantor," for the consideration of the sum of TEN DOLLARS (S 10.00), in hand paid, hereby sells and conveys to PINYON MESA HOMEOWNERS' ASSOCIATION, INC., a Colorado nonprofit corporation, whose legal address is 8 r ('-('r`. t � ; � � t;) } 61e Ser, ,751 the following real property situate in Garfield County, Colorado, to wit: Co (3/601, Open Space A, First Amended Final Plat of Pinyon Mesa, Filing 2 according to the plat recorded in the records of the Garfield County Clerk and Recorder on June 13, 2017 as Reception No. 893464. with all its appurtenances. Signed this 26 'day of June, 2017. STATE OF COLORADO ) ss. COUNTY OF GARFIELD PMGC 2, LLC, a Texas ed liabilit co Bv: any Rolald • No -n The foregoing document was acknowledged before me this 26 day ofJune, 2017 by Ronald R. Norman as Manager of PMGC 2, LLC, a Texas limited liability company. Witness my hand and official seal. My commission expires: 9/2`-/ Address: NOTARY ' UBLIC NATALIE ZANCANELLA NOTARY PUBLIC STATE OF COLORADO NOTARY ID #20074036139 My Commission Expires September 24, 201 BILL OF SALE (Water Transmission Facilities and Wastewater Collection Facilities) KNOW ALL MEN BY THESE PRESENTS, that PMGC 2, LLC, a Texas limited liability company ("Seller"), for and in consideration of Ten Dollars ($10.00) and other good and valuable consideration the sufficiency and receipt of which are hereby acknowledged, hereby sells, assigns, grants, transfers, sets over, bargains, remises, releases, and delivers to Pinyon Mesa Homeowners' Association, Inc., a Colorado nonprofit corporation whose address is 201 14'h Street, Suite 200, Glenwood Springs, CO 81601, ("Buyer"), its successors and assigns, all water transmission lines and facilities up to and including curb valve (collectively, the "Water Transmission Facilities") and all wastewater collection facilities (collectively, the "Wastewater Collection Facilities") located within Pinyon Mesa Filing 2 Subdivision as said properties are described on the Final Plat of the same name recorded in the records of the Garfield County Clerk and Recorder. TO HAVE AND TO HOLD the said Water Transmission Facilities and Wastewater Collection Facilities to the Buyer and its successors and assigns to its own use and benefit forever. The Seller hereby covenants with the Buyer that the Seller is the lawful owner of such personal property; that they are free from all encumbrances, that the Seller has good right to sell the same as aforesaid; and that the Seller will warrant and defend the same against the lawful claims and demands of all persons. IN WITNESS WHEREOF, the Seller has executed this Bill of Sale this J 8 day of September, 2017. PMGC 2, I/LC, a Texas ed 1.41ity company r R. Norman, ifs -Manager /onal STATE OF C_LAN-(,,v.p ) ) ss. COUNTY OF 6,,t`1\Pfit.\ ) The foregoing instrument was acknowledged before me this \ "6 day of September, 2017, by Ronald R. Norman, as Manger. My commission expires: 4' ALICIA ANN BROADHURST NOTARY PUBLIC STATE OF COLORADO NOTARY ID #20174011517 My Commission Expires March 15,2021 Witness my hand and official seal Notary Public 1111li.1r�ti7Ki:i1 't44 x,' Mdkit 11111 Reception#: 882621 09/20/201E 12:22:38 PM can Alberico 1 of 49 Rec Fee:$251.00 Coo Fee:0.00 GARFLELD COUNTY CO PINYON MESA FILING 2 SUBDIVISION IMPROVEMENTS AGREEMENT EXHIBIT rfi:• THIS PINYON MESA FILING 2 SUBDIVISION IMPRQVEMENTS AGREEMENT ("Agreement") is made and entered into this j_5 day of +` ;,'t;Y'}•'1-2�} - , 2016, by and between PMGC 2, LLC, a Texas limited liability company `(``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"). RECITALS WHEREAS, on February 5, 2007 the BOCC, by Resolution No. 2007-04, approved a preliminary plan for Phase III of thc Los Amigos PUD, known as the Pinyon Mesa Subdivision which, among other things, would create eighty (80) single-family residential lots in 2 Phases, Phase I consisting of forty-eight (48) lots and Phase II consisting of thirty- two (32) lots ("Preliminary Plan Approval"); and WHEREAS, on Ud 11 VW 7 , the Final Plat of Phase 1 of the Subdivision was recorded as Reception No. 73? 76 / , which created forty-eight (48) lots; and WHEREAS, Owner is the owner and developer of Phase II of thc Pinyon Mesa subdivision, consisting of approximately 33.798 acres of real property which is legally described in that certain Warranty Deed recorded May 24, 2016 as Reception No. 877562 ("Property"); and WHEREAS, Owner has submitted to the County for its approval a final subdivision plat ("Final Plat") for the second fling of the Subdivision, comprising thirty-two (32) single-family residential lots on the Property ("Subdivision"); and WHEREAS, as a condition of approval of the Final Plat of the Subdivision, submitted to the BOCC for approval as required by the laws of the State of Colorado, Owner wishes to enter into this Agreement 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 parties agree as follows: 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 Agreement, 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"). This approval authorizes construction and development within Filing 2 of the Subdivision, as approved by the Preliminary Plan Approval. Recording of the Final Plat shall be in 1111 IMP IGFZ3/4.1.1h7,Eillliiv,U4k1Kriltirliyi, 11111 Reception#: 882621 09/20/2016 12:22:38 PM Jean Albericc 2 of 49 Rec Fee:$251.00 Dec Fee:0 00 GARFIELC COUNTY CO accordance with this Agreement and at the time prescribed herein. 2. OWNER'S PERFORMANCE. a. Completion Date/Substantial Compliance. Owner shall cause to be constructed and installed the subdivision improvements (collectively the "Improvements"), identified in subparagraphs i. and ii. below, at its own expense, including payment of fees required by the County and/or other governmental and quasi -governmental entities with jurisdiction. The Improvements shall be completed on or before the end of the first full year following execution of this Agreement ("Completion Date"), in substantial compliance with the following: i. Plans marked "Approved for Construction" for all on-site Improvements for the Subdivision, prepared by Schmeuser, Gordon, Meyer, Inc., under project number 0150211, and submitted to the BOCC on or about . c / , q Zo/(p , attached as Exhibit A-1 and 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 as Exhibit A-2; and all other documentation required to be submitted along with the Final Plat under pertinent 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 the State of Colorado, Garfield County, and all special districts and any other governmental or quasi -governmental authority(ies) with jurisdiction; and iv. The provisions of this Agreement. b. Satisfaction of Subdivision Improvements. The BOCC agrees that if all Improvements are installed in accordance with this Paragraph 2; the record drawings are submitted upon completion of the Improvements as detailed in paragraph 3.f., below; and all other requirements of this Agreement, then the Owner shall be deemed to have satisfied all terms and conditions of the Garfield County zoning and subdivision regulations, with respect to the installation of Improvements. 3. SECURITY FOR IMPROVEMENTS. a. Restriction on Transfer. As security for Owner's obligation to complete the Improvements in accordance with this Agreement, Owner shall be restricted from selling, transferring, encumbering, or otherwise conveying certain Lots within the Subdivision with a cumulative value of at least $1,042,640.50, as determined by a licensed appraiser, which amount represents the full estimated cost of completing the Improvements, including a sufficient contingency to cover cost changes, unforeseen costs and other variables (not less than 10% of the estimated costs and as approved by the BOCC), minus the cost of Improvements already completed as of the date of execution of this Agreement, as set forth and certified by Owner's Engineer on Exhibit A-2, to guarantee completion of the Improvements. Owner has submitted an appraisal to the BOCC, attached as Exhibit 1111 Pain HikliN01.11111,1 ,11111 Recept ion# : 882621 09/20/2016 12:22:38 PM Jean Alberico 3 of 49 Rec Fee:$251.O0 Doc Fee:0.00 GARFIELD COUNTY CO B, which finds that all Lots within the Subdivision range in value from $110,000 to $150,000. For purposes of this Agreement, the parties shall stipulate that all lots within the Subdivision shall have a minimum value of $150,000. Thus, to secure the restriction on transfer of a sufficient amount of Lots, Owner shall deliver to the BOCC, on or before the date of recording of the Final Plat of the Subdivision with the Garfield County Clerk and Recorder, a Restrictive Covenant in the form agreed to be acceptable to the BOCC, which is attached to and incorporated in this Agreement by reference as Exhibit C ("Restrictive Covenant") encumbering an adequate number of lots to reach a cumulative value of at least $1,042,640.50. b. Revegetation Security. Revegetation of disturbed areas in the Subdivision shall be secured by delivery of a Treasurer's Deposit Agreement in a form acceptable to the BOCC, attached to and incorporated in this Agreement by reference as Exhibit D, in the amount of S12,500 from the Owner to the BOCC ("Revegetation TDA"). The Revegetation TDA shall be valid for a minimum of four (4) growing seasons following recording of the Final Plat. i. Upon establishment of vegetation, 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 Noxious Weed Management Plan 2016, adopted by Resolution No. 16-12 and recorded in the Office of the Garfield County Clerk and Recorder as Reception No. 873821, as amended, and the Revegctation/Reclamation Plan for the Subdivision submitted as part of the Final Plat Documents. ii. Following receipt of written approval of the Vegetation Management Department, the Owner may submit to the BOCC, through the Building and Planning Department, a written request for release of the Revegetation TDA, 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. iii. If the Vegetation Management Department refuses approval and provides written notice of deficiency(ies), the Owner shall cure such deficiencies by further revegetation efforts, approved by the Vegetation Management Department, as such may be instituted within the four (4) growing seasons following recording of the Final Plat. iv. If revegetation efforts are deemed unsuccessful within the four (4) growing seasons, in the sole discretion 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 may withdraw and employ from the Revegetation TDA such funds as may be necessary to carry out the revegetation work, up to the amount of Revegetation TDA. v. In lieu of or in addition to drawing on the Revegetation TDA, the BOCC may bring an action for injunctive relief or damages for the Owner's failure to adhere to the provisions of this Agreement related to revegetation. The BOCC shall provide the Owner a reasonable time to cure any identified deficiency ■111WArTli.'Y�1<1h'r10NIati.'ilL6110€u7111491114 11111 Reception#: 882621 09/20/2016 12:22:38 PM Jean Alberico 4 cf 49 Rec Fee:$251.00 Doc Fee:0 00 DRRF•1ELD COUNTY CO prior to requesting payment frorn the Revegetation TDA or filing a civil action. vi. It is specifically understood that the Revegetation TDA is not subject to successive partial releases, as authorized in subparagraph 3(c) below. Further, the Revegetation TDA, and the BOCC's associated right to withdraw funds and bring a court action, may survive final release of the TDA and/or termination of this Agreement. c. Partial Releases of Transfer Restriction. Owner may request partial release(s) of the lots encumbered by the Restrictive Covenant by means of submission to the Building and Planning Department of a "Written Request for Partial Release o f Transfer Restriction," in the form attached to and incorporated herein as Exhibit E, accompanied by the Owner's Engineer's Certificate of Partial Completion of Improvements, stamped by Owner's Engineer. The Owner's Engineer's seal shall certify that the Improvements have been constructed in accordance with the requirements of this Agreement, 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 Security as portions of the Improvements, other than revegetation, required hereunder are certified as complete to the BOCC by the Owner's Engineer and said certification is approved by the BOCC. d. BOCC's Investigation. The BOCC shall be permitted to inspect and review the Improvements at any time during construction. For purposes of soliciting and encouraging an inspection, Owner shall contact the Community Development Director, at (970) 945-8212. Notwithstanding the foregoing, upon submission of the Owner's Written Request for Partial Release of Transfer Restriction, along with Owner's Engineer's Certificate of Partial Completion of Improvements, the BOCC may review the certification and may inspect and review the Improvements certified as complete to determine whether or not said Improvements 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 Security accompanied by Owner's Engineer's Certificate of Partial Completion of Improvements, all Improvements certified as complete shall be deemed complete 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 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 Security accompanied by Owner's Engineer's Certificate of Completion of Improvements. ■IIIWilrAf?!OhtilliPrL:1101kUtrir#Lti1:137111 .11111 Reception$t: 882621 09/20/2016 12:22:38 PM Jean Rlberico $ of 49 Rec Fee:$251.00 Doc Fee:0 OD GARFIEL.D COUNTY CO iii. If a letter of potential deficiency is issued identifying a portion of the certified Improvements as potentially deficient, then all Improvements not identified as potentially deficient shall be deemed complete, and the BOCC shall authorize release of the amount of security related to the certified Improvements that arc not identified as potentially deficient. iv. With respect to Improvements identified as potentially deficient in a letter of potential deficiency, the BOCC shall have thirty (30) business days from the date of the letter to complete the initial investigation, and provide written confirmation of the deficiency(ies) to the Owner. v. If the BOCC finds that the Improvements arc 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. e. BOCC Completion of Improvements. If the BOCC finds, within the thirty (30) day period of time, defined in subparagraph 3 (d)(iv) above, that the Improvements are not complete, or if the BOCC determines that the Owner will not or cannot construct any or all of the Improvements, whether or not Owner has submitted a written request for release of Security, the BOCC may expend such funds as may be necessary to construct the Improvements in accordance with the specifications. In such event, the BOCC shall make a written finding regarding Owner's failure to comply with this Agreement prior to enforcing this Agreement. In lieu of or in addition to enforcing this Agreement, the BOCC may bring an action for injunctive relief or damages for the Owner's failure to materially adhere to the provisions of this Agreement. The BOCC shall provide the Owner a reasonable time to cure any identified deficiency(ies) prior to executing on this Agreement or filing a civil action. f. Final Release of Transfer Restriction. Upon completion of all Impro ents, Owner shall submit to the BOCC, through the Building and Planning Department I j"` ecord drawings bearing the stamp of Owner's Engineer certifying that all on-site Im•rovements have -• or alf Final Plat Documents and the format acceptable to the BOCC; other interests which Owner is ob i elimina •uirements o tis Agreement, including Plan A• •royal in hard copy and a digital copies of instruments conveying real property and ssociation of ate to convey to the S -77 --vision by the terms of this Agreement; and 3) a i ritten Request for Final Release of Securit , in the form attached to and incorporated herein as Exhib' along with Owner's Engineer's Certificate o - ina ompletion of Improvements. omeowners i. The BOCC shall authorize a final release of the Restrictive Covenant after the 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 Improvements are complete, in accordance with the relevant specifications, the BOCC shall authorize release of the final amount of security within ten (10) days following submission of the Owner's Written Request for Final Release of Security accompanied by the other documents required by this paragraph 3(f). ii. Notwithstanding the foregoing, upon Owner's Written Request for 110IgglIAKiik iliri lIKafi'fiiikk.N!tir1110 111111 Reception#: 882621 09/20/2016 12:22:38 P(1 Jean Rlberlco 6 of 49 Rec Fee:$251.00 Doc Fee:0 00 GARFIELD COUNTY CO Final Release of Security accompanied by Owner's Engineer's Certificate of Final Completion of Improvements, the BOCC may inspect and review the Improvements certified as complete. If the BOCC does so review and inspect, the process contained in paragraph 3(d) above shall be followed. iii. If the BOCC finds that the 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 after completion of such investigation. If necessary, the BOCC may complete remaining Improvements in accordance with process outlined in Paragraph 3(e) above. iv. If, following the inspection contained in paragraph 3(d), the BOCC finds that the Subdivision Improvements are not complete, in accordance with the relevant specifications, and/or that requirements of the Preliminary Plan applicable to the Subdivision have not been satisfied, the BOCC may complete the remaining Subdivision Improvements and satisfy the applicable requirements of the Preliminary Plan, or institute court action in accordance with the process outlined in paragraph 3(e) above; provided, however, that such action may only be taken by the BOCC if the BOCC determines in its reasonable discretion that the subject Subdivision Improvements will not or cannot be satisfactorily completed on or before the Completion Date and, provided further, that the BOCC shall provide Owner an opportunity to cure any identified defnciency(ies) or violations, as set forth in herein, prior to initiating any of the self-help remedies described herein, including, without limitation, commencing work on the Improvements, initiating the foreclosure proceedings set forth in Section 13-106 of the LUR, or filing a civil action. g. Recording of Final Plat. The Final Plat of the Subdivision shall be recorded when the security described in this paragraph 3 has been received and approved by the BOCC. 4. WATER SUPPLY AND WASTEWATER COLLECTION. Prior to issuance of any certificates of occupancy by the BOCC for any residences or other habitable structures located and constructed within the Subdivision, Owner shall install and connect a water distribution system for potable water, fire protection and a wastewater/sewer collection system in accordance with approved plans and specifications. All casements and rights-of-way necessary for installation, operation, service and maintenance of such water supply and distribution system and wastewater collection system shall be as shown on the Final Plat. Conveyance of the system(s), including real and personal property interests, from the Owner to the Pinyon Mesa HOA and the Spring, Valley Sanitation District shall be in accordance with Paragraph 7, below. 5. PUBLIC ROADS. All roads within the Subdivision shall be dedicated to the public as public rights-of-way. Road rights-of-way shall be dedicated by the Owner and accepted by the BOCC, on behalf of the public, on the face of the Final Plat. The Homeowners' 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. 11111Fr011einirtliligileMikinnfilE,111111 ReceptionI: 882621 09/20/2016 12:22:38 PM Jean Alberico 7 of 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO 6. PUBLIC UTILITY RIGHTS-OF-WAY. Whether or not utility easements exist elsewhere in the Subdivision, all road rights-of-way within the Subdivision, whether public or private, shall contain rights-of-way for installation and maintenance of utilities. Public utility easements shall be dedicated by the Owner and accepted by the BOCC, on behalf of the public, on the face of the Final Plat. The Homeowners' 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 easements within the Subdivision. In the event a utility company, whether publicly or privately owned, requires separate conveyance by deed or otherwise, Owner shall also convey utility easements by separate document. 7. CONVEYANCE WATER SUPPLY SYSTEM/WASTEWATER COLLECTION SYSTEM. The Water Supply System and Wastewater Collection System(s) shall be conveyed by deed promptly following the completion of Improvements. 8. 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 Improvements and any other agreement or obligation of Owner related to development of the Subdivision required pursuant to this Agreement. 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 be required to notify the Owner of the BOCC's receipt of a notice of claim or a notice of intent to sue, and the BOCC shall afford the Owner the option of defending any such claim or action. Failure to notify and provide such written option to the Owner shall extinguish the 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. 9. ROAD IMPACT FEE. Pursuant to the Garfield County subdivision regulations, a Road Impact Fee of $59,716.80 has been established for the residential units within the Subdivision. Owner is responsible for fifty percent (50%) of the Road Impact Fee, which is $29,858.40. Owner shall remit payment to the Garfield County Treasurer in the amount of $29,858.40 at or prior to the time of recording of the Final Plat. The remaining 50% ($29,858.40) will be collected pro rata from lot owners each time a building permit issues for a residence within the Subdivision. 10. SCHOOL LANDS/FEES IN LIEU. Previously a deed conveying land to the Roaring Fork School District RE -1 has been recorded at Reception No. 723310 in Book 1926, at Page 0592, in accordance with Section 30-28-133(4), C.R.S., as amended. Therefore, Owner is not responsible for payment of fees in lieu of dedication of school. 11. COMPLIANCE WITH FIRE DISTRICT REQUIREMENTS. The Carbondale & Rural Fire District ("District") has reviewed and commented on this application. Per this review, the Owner shall: a. Install a water supply system pursuant to plans approved by the District's Fire Chief, including fire hydrants at the locations agreed upon between Owner and the District, 1111 fiiirX171:041111101 11111 Receptionli; 882621 09/20/2016 12:22:38 PM Jean Alberico 8 of 49 Rec Fee,$251.00 Doc Fee:O.G0 GARFIELD COUNTY CO shown on the Final Plat of the Subdivision; and b. Pay an impact fee to the District of $730 per dwelling unit at the time of Final Plat. For this Filing 2, the fee shall be $23,360.00. 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 Agreement, the BOCC may withhold issuance of building pennits for any structures requiring building permits within the Subdivision. Further, no building permit shall he issued unless the Owner demonstrates to the satisfaction of the Carbondale Rural Fire Protection District ("District") that there is adequate water available to the construction site for the District's purposes and all applicable District fees have been paid to the District. Further, the parties agree that no certificates of occupancy shall issue for any buildings or structures, including residences, within the Subdivision until all on- site Improvements have been completed and are operational as required by this Agreement. 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 G, concerning the restrictions upon issuance of building permits and certificates of occupancy detailed in this Agreement, Final Plat Approval and Preliminary Plan Approval. 14. ENFORCEMENT. In addition to any rights which may be provided by Colorado statute, the withholding of building permits and certificates of occupancy provided for in paragraph 13 above, and the provisions for release of security, detailed in paragraph 3 above, it is mutually agreed by the BOCC and the Owner that the BOCC, without making an election of remedies, or 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 Agreement. Nothing in this Agreement, however, shall be interpreted to require the BOCC to bring an action for enforcement or to withhold permits or certificates or to withdraw and use security. Nor shall this paragraph or any other provision of this Agreement be interpreted to permit the purchaser of a lot to file an action against the BOCC. 15. CONSENT TO VACATE PLAT. In the event the Owner fails to comply with the terms of this Agreement, 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. to such event, the Owner shall provide the BOCC a survey, legal description and a plat showing the location of any portion of the Final Plat so vacated and shall record the plat in the Office of the Garfield County Clerk and Recorder. If such plat is not recorded by the Owner, the BOCC may vacate the plat, or portions thereof, by Resolution. 16. NOTICE BY RECORDATION. This Agreement 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 or other interested parties as to the terms and provisions thereof. 1111ViDLfi'AVV.1.+50 Hi1DET,IM141111 Reception#: 882621 09/20/2016 12:22:38 PM Jean Alberico 9 of 49 Rec Fee:5251.DO Doc Fee:9.00 GARFIELD COUNTY CO 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. 18. IDENTIFICATION OF CONTRACT ADMINISTRATORS AND NOTICE PROVISIONS. All notices required or permitted by this Agreement shall be in writing and shall be deemed effective when received by the recipient party via personal or messenger service delivery, facsimile transmission or United States certified mail (postage prepaid, return receipt requested), in all cases addressed to the person for whom it is intended at the address or facsimile number set forth below: Owner: With Copy to: BOCC: Ronald Norman, Manager PMGC 2, LLC 265 Ponderosa Pass Carbondale, CO 81623 Chad J. Lee, Esq. Balcomb & Green, P.C. 818 Colorado Avenue Glenwood Springs, CO 81601 Board of County Commissioners of Garfield County, Colorado c/o Planning Director 108 Eighth Street, Room 201 Glenwood Springs, CO 81601 Phone: (970) 945-8212 Fax: (970) 384-3470 The Representatives of the Owner and the BOCC, identified above, are the authorized representatives of the parties for purposes of contact administration and notice under this Agreement. 19. AMENDMENT. This Agreement may be modified from time to time, but only in writing signed by the parties hereto, as their interests then appear. The parties, however, may change the identification of notice recipients and contract administrators and the contact information, provided in paragraph 18 above, in accordance with the notice provisions and without formal amendment of this Agreement. 20. COUNTERPARTS. This Agreement 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 Agreement shall lie with the District Court of Garfield County, Colorado, and this Agreement shall be construed according to the laws of the State of Colorado. ■llll���a�i���"iti�lr�'S��itl��h>,�I�:iL�k��'411���:1�E'�Yl�,�� 11111 Receptionli: 882621 09/20/2016 12:22:36 PM Jean Filberico 10 o1 49 Roc Fee:$251.00 Doc Foe:0.00 GARFIELD COUNTY CO IN WITNESS WHEREOF, the parties have signed this Agreement to be effective upon the date of Final Plat Approval for the Subdivision. OWNER: PMGC 2, L, a Texas 1 ed liabilit. co BY / at_ _ R• ald Norman anager BOARD OF COUN COMMISSIONERS R THE CO STAOF CO ARFIELD, By: Print ame: T. e' Chairman ATTEST: J Alberico, Clerk and Recorder Garfield County, Colorado STATE OFOooaco ) ) ss. COUNTY OF 6,0--P, e( ) on SQ ember I 2-003, Subscribed and sworn to before me by Ronald Norman as Manager of PMGC 2, LLC, a Texas limited liability company. WITNESS my hand and official seal. My commission expires: Notary Public BRITT J. CHOATE NOTARY PUBLIC STATE OF COLORADO NOTARY ID #19974007655 My Commission Expires July 1, 2017 11111,H VSCL Ili 11111 Reception 882621 09120/2016 12:22:38 PM Jean Rlbericc 11 of 49 Roc Fee:$251.00 Dec Fee:0.00 GARFIELD COUNTY CO 1 9 n 3 23 o 4uoDqddy 1 J3UM0 966Z 3'0' 7I )j W pMDQ •O 0 --, 0444) O g CO CCP 0 C, a_ ui) 6 c y Le! n o -o x m -t. 71. 0in N� CO o c X c",--' (IT n0 IJ n —O o a r EXHIBIT A-1 0 CD V • "T1 0 n -,o N ii n ti O —r C O Eg 1111 YAW FJ11164a 11111 Reception#• 882621 09120/2016 12:22:39 PM Jean Qiberico 12 of 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO a� OD30oC1mi{o.00... •0(ulxaeeeoe aran001:1 H ipid�x: �wx'`�c,,..•3 flfl �i�i�iiiiii�i�Hi�t oil et iteti`iiaale1etvim nz!Iial 3 fgi?iag;!;ti tireii `$$ gig';:aa $ ��°'1�add t ii da ���a� ;°=e3�'�1E eg ;i$i44t' 1005Zag} ;al$ii# id@i 3dett dtg ;s(i44!ig5& 1;i eaeII r" 1i 11 . 111F II ikmt `` igd''g ;SA o 1 z s t W.viel#t ialaaT pat, /ieRs, Tas-eremileioe 110"a! paptee ��� �g5 � 1g�1�a����d����� 11ad �.��� 1��t� t��� fid -ad E i i ; i$ $ i a;ea E v t d is 11 Dxid;a,aapSea,salaf9"}:'1I1 �d�}4�6 � !Y iii :�y � � ; �� aaar � ��ad � i ! ��4➢! #d¢'§E�t� t 11 q 0,01 el.; $ L; )ax i °'e sti 'pc c 1 ad 2 ,i;aai4 8q8 D! li 11 Ial 4s pt � a It $' 'ci 4 v lieji95 I` gagg tgo .i g Q @.' a 3 i aayyiia 4 ils i a1 S 0 K At C! ill 1 agp l' �1 _ 3& etli �@@ t tlIV ng7.9 II y 2 ki Dpp S ii 121g il'e'.1 I: 111'I ; a i 2 1 tl 1.�* •°1 11/�t ai11 Mill e a , egg Yo k145411f,A�i ° t a i} �9 i ! dsd ;� i '� il igEg !; illi i aP4 a a 1151 li ill 1 111 11!4 D j r- i • . . w •. . ; • ix ARE?1411aaa;e111141411414141414a RAI a@@$a !a=a �!s� is, {3�a �'ig t lu f a R t ay �� E F B; a i t,,. � t ; 8 .14 o. yt l. g9 � � : t� �a kt � � t i j = F a € g'��i a;�'g1{iX�� D�i� k0 ie @j iiai�a E ��d E' D �; , i t i b i!; E ! k y2 = E F i�a 14Z a l 10 iy 11 A a, it a $ a Ea tat' I g Eis`11!.a 11:ill ' ' t F as = i a ., a 18d d 1 3: l; 0 r i NJ co 1111KrrNIMi1l hi/ id 11111 Reception#: 882621 09/20/2016 12:22:38 P:1 Jean Albericc 13 of 49 Rec Fee:$251 00 Doc Fee:0.00 GARFIELD COUNTY CO li I i a - �'j/\ r \ ;s/i.,/ /\\ \ s7 - t. \ \y„, - ' " 0 Q Q: 2Q: C Q.. I + w .1: ,i 4 fi'‘',!,1',i 11•.4 0444,44•44,441‘“ 4.4. [ 4 a S d 4 3 CO, : ;;0, ! !';i SIC i ' " 0 Q Q: 2Q: C Q.. I aiikea:EI-0=b6t 499 PBf,44040.014S 0444,44•44,441‘“ : 4r1e{Sky?t4W4i 4 C' ++,,,, ; 4$;:£ Yif,*4ft, i H.1 4$ 1 S f, Y Y• Y 1 k4 ka?,; t`t}:4k4.44i.4 k`. Q; k -..4448444! 4;Ikik a 6 r r o sT o Lp IN roman' %A'hlmic Ii lldid IN ITf .1111 Receptiont: 882621 09/20/2016 12:22:38 Pio Jean Alberico 14 of 49 Reo Fee:$251.00 Doc Fee•0.00 GARFIELD COUNTY CO 1111 ,fig I'i' iI IA 11 111 Reception#• 882621 09/20/2016 12:22:38 PM Jean Alberico 15 of 49 Rec Fee:5251.00 Doc Fee:O CO GARFIEL0 COUNTY CO 2 i" F 1 ii r 1111 Elr.f it' 154 111`r'N,LEl I;'®I II Receptiont$• 882621 09/20/2016 t2:22:38 PM Jean Plberico 16 of 49 Rec Fee:$251.00 Doc Fee:0.00 CLIRFIELO COUNTY CO ti .73 - IA" t! LA 13 ire s II P _ r z o 0 w �•��-yy I:— 00 �- no eve - .r m ¢LL �i wo 4 "0 Eo N0. tin .—G 03 CO CO C PON CON LL - . m �+•NO OH O Pot Construdian YAP SMINI LRAM I 6SGM WW&A5.d544200 GNm+ood SPM. CO /1601 970.045.1004 ....,�..2m. Graphic 3.4 103 140 ear eta —rvr .s rhk area !E 5" EY SlE PMGC2, ac Pinyon Mew 11 Final WOVConshudan iw 1.0 Palm • ,..s— ..r IMO • 14111 Storm Drains 1 and 2 Plan and Profile " No No 0.w I, 17 *MIA 7 23 9 In 0 —10 2C- Pr IT 3 r III Ill Reception#: 882621 09/20/2016 12:22:38 PM Jean Alberico 18 of 49 Rec Fea:3251.00 Dcc Fee:0.00 GARFIELD COUNTY CO j is i nn+. i d a ry a iuna' CL fp V 0 a `0 ��: a �.a un Um NNW ig ■lll 117AilgifirC 11 111 Receptien#: 882621 09,20,2016 12:22:38 PM Sean Rlberico 19 of 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO - U r 2erO V L— IL Cc CLV .00 tis 0 CD • CELL • opo o ronr •+ate ••• ANLL tioNa 23ao ere 30••• f•M' rrw. a..e - 00. 14 OS air w ION "4e u . 1aZ--74ZO 440 For Conslrudion SGM Ile W. Sr& Drop. S. opo w. so,conmr 970.9.2.s.ioDAr+s....yr11.1/8/11 rr. rr..o r,... .r... rr.ee rNe PMGC2, llC Pinyon Mesa 11 Final Pia'/Conshodion Cc Pinyon Meso Drive Pion and Profile Sta. 8+40 to 14+23.79 d�M mn. er 0 10 c. 23 1111 MR11104'Linivi, 11111 Reeeptionit: 882621 09/20/2016 12:22:38 PM Jean Plberico 21 of 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO at 1; y i`d i 17 0 T. eT F R { a N 42 a At 01161 0. 41.11 =re 0,41a tea ■Ili N!�� ,��'SwF:''`lY�r�,4'�h�.'4{ :���,�;h�'.tl,�I�i��;�, t I}} Reception##: 882621 09/2012016 12:22:39 PM Jean A1berico 22 of 49 Ren Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO 00 o • w N.) r 4,1 LAI gJAVV.Vi rirh 11111 O U z 0 0 0 J W Cr LL t� 00 0O Lei mo ao m 6LL Fe 0 OlO P =WON CO ON no ••LL •N C44 * g 00 R" ON GrepNe SeeY For AnslruCt oil SSGM 1I0 Warl 9+Ib Meet S+r+200 cd.,.aad Spivs. CO01601 W0.,45.1004 w..q^art.mn rG i PMGC2, LLC Pinyon Meso II Pinot PIoVCmstnldion Emergency Access Road Plan and Profile Oh onarr Sob lain 13 23 p SII!M���rl Mr1.111Wrr4,Ill Il1 Receptiont#: 882621 09/20)2016 12:22:38 P:1 Jean Rlberico 24 of 49 Rec Fee:$251.00 Doc Fee:0.00 GRRFIELD COUNTY CO ry 2.i,2y'"1' RIO NA G) 5 NI Fr a n im i Amcor mr. . r 2 81 2 a / 1I11PAW101i lit Kfik1 ft, 11111 Reception#: 882621 09/20/2016 12:22:38 PM Jean Plberico 25 of 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO el - 17 0 Ct 9 9 8 . 5 1 4.11111 .6.1.11,Pay i ea S 11111 f l'EIIsi iIilfl! hle1i<<',1SY0, 111111 Reception#: 882621 09/20/2016 12:22:38 PM Jean Alberico 26 of 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO R << n 44 MM2 l <i4,4i !Hi fi l it 1343 td; UOId 10.11UOD UO!SOJ F 1 1 wa al i P12 1 1111I11,01i7r1OLItfitial'si �6��Fj':�.i�EV 111111 Receptlontt : 882621 09!2012016 12,2238 PM Jean Alberico 27 of 49 Rec Fee:$251.00 Doc Fee:0,00 GARFIELD COUNTY CO 0 0 0 a 0 0 GJ mom r mtr ■Ili wicilvirmiK) Page,: V.011 Ityi, 111 111 Reception#: 882621 09/20/2015 12.22.38 P21 Jean Alberico 28 of 49 Roc Fee.$251 00 Doc Fee 0.00 GRRFIELD COUNTY CO SIIDiaa 10Mas CO Its �,6 31 Ill Pr1MOJA% I+ r!'L ,illAt k.1IF1'1111ViWt1,ki, 11 Ill Reception#: 882621 09/20/2016 12:22:38 PM Jean Alberico 29 o1 49 Rec Fee:$251 00 Doc Fee:0.00 GARFIELD COUNTY CO Q W "O VIII14,rrtiliViiiih'11iiiilleiNAht�'.MlIMMilf,4, 11111 Reception#: 882621 09120/2016 12:22:38 P11 Jean plberico 30 of 49 Rec Fee:$251.00 Doc Fee 0.00 GPRFIELD COUNTY CO 1 Si a L 5 5 Ri i 5 5 t f 5 1 O 1 i i 1r t d k 5 uiIIRiCeirX41111 1iditilliN'•:SFiIrritilkir III Recept i onli : 882621 99/20/2016 12,22:38 PM Jean Alberico 31 of 49 Rec Fee!$261.00 Doc Fee,0.00 GARFIELD COUNTY CO §g TR •r 7 6 a c. 2 „t 21 a fi SIII F.44110y)11,1 IK",IF11«+4aik1F§rAlki111II Reception#: 882621 09/20/2016 12:22:38 PM Jean Qlberico 32 of 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO 0 alio cn !Tic) P • r ra N of a Sa 0 8O 5 O� h •a 8° ■11110.r1YlK4 FS',,i,IKhKlifif,1ili,ii'lLlillifiNiii,,1III Reception#: 882621 09/20/2016 12:22:38 PM Jean Alberico 33 of 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO a n 4 ) r 1:4X Y t `a 2i 0 6 1111 11111 Receptiant4: 882621 09/20/2016 12:22:38 PM Jean Rlberico 34 or 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO Exhibit A. Pinyon Mesa Phase!! Public Improvements Cost Estimate SSGM Unit Description Unit Amount Unit Price Total 1 Lump sum Mobilization 1 545,000.00 545,000.00 2 Cubic Yard Road over ex — recompact 12100 57.00 584,700.00 3 Cubic Yard Cut Fill 2200 $6.00 513,200.00 4 Cubic Yard Pit run 61l 4400 58.00 535,200.00 5 Ton Class 6 road base 1900 530.00 557,000.00 6 Ton Asphalt pavint 1000 5105.00 5105,000.00 7 Linear foot (LF) Type 2 curb and gutter 4400 528.00 5123,200.00 8 Square feet Valley Pans and Fillets 1620 $9.00 514,580.00 9 Each 48" FES 2 $600.00 51,200.00 10 LF ADS N-12 18' 380 $40.00 515,200.00 11 LF ADS N-12 48" 80 $115.00 $9,200.00 12 Each 18' FES 3 5300.00 $900.00 13 Cubic Yard Outlet rip rap 60 $60.00 53,600.00 14 Each Drain Inlet w/ 2' overex 6 53,800.00 522,800.00 15 LF 8' PVC Sewer Pipe 665 $35.00 523,275.00 16 LF 8' Carta Flo sewer pipe restrain 250 590.00 522,500.00 17 Each Sewer Service 15 52,600.00 539,000.00 18 Each Sewer Manholes with 2' overex 6 54.600.00 527,600.00 19 Each Sewer Manholes with Dissipator 1 54,900.00 54,900.00 20 LF 8"DIP Water Main 1900 570.00 5133.000.00 21 Each Water Main Fittings 8 5350.00 52,800.00 22 Each 8' Gate Valve with Valve Box 3 82,100.00 86,300.00 23 Each Fire Hydrant Assernbiy4 4 56,200.00 $24,800.00 24 Each Water Service 32 52,200.00 570.400.00 25 Lump sum Erosion Control 1 512,000.00 $12,000.00 26 LF Shallow Utility Trenching 4400 58.75 538,500.00 27 Each Electric Vault Installation 15 5800.00 512,000.00 ITEM TOTAL 5947,855.00 10 % Contingency $94.785.50 TOTAL W/ CONTINGENCY 81,042,640.50 Note: This cost estimate is an engineer's opinion ofprobable cost and is notaquotation or bid. 9 P • As with any estimate, actual costs may vary due to unforeseen circumstances and market conditions,/ , , • ■!EI 1���.t�ihF:•1i�h�'��4.3�,li�i�fi��`t�h'���hi�i�f+rYtr�� �I llf Reception#: 882621 09/20/2016 12:22:38 PM Jean Alberico 35 of 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO 9/1/2016 Attention : Ron Norman- PMGC 2 LLC Regarding Appraisal of Pinyon Mesa PUD: Filing 11 EXIIIBIT B As per your engagement, I have completed an Appraisal analysis of the individual site values within Pinyon Mesa PUD: Filing II. Scope of work includes site visitation, with review of the Final Plat, clearly depicting lots 49-80. (32 lots within Filing 2). -The 32 lots -were found to be generally consistent in size, ranging from .25-.35 acres each. There is not found to be a significant difference in values due to lot size variances. -The primary influence on value differences between sites in Filing 2 is found to be duo to differing view factors. Due to the siting and topography of the master parcel, lots within Filing 2 are found to have above average views, superior to Pinyon Mesa Filing 1. A portion of the lots located on Pinyon Mesa Dr. will have superior Mt. Sopris views. -Although vacant land market conditions have continued to improve, there is still found to be significant inventory of vacant sites available in the market area. Competing projects include Ironbridge, Elk Springs/Los Amigos, Springridge/ Springridge Reserve, as well as remaining sites in Pinyon Mesa Filing 1. While each of these project have differences in location, view, site size, and overall market appeal from the subject project/phase, they are found to compete with the subject project in the rural Glenwood Springs market. -Generally, the lower end of the value range reflects the lesser view lots, which are located on Paintbrush Way, with upper tier lots being the superior view sites located on Pinyon Mesa Dr. At the time of site inspection, exact boundaries of individual sites were not clearly marked. There was found to be sufficient survey markers to show general location of streets and lot locations. Review of recent sales and listings that have occurred throughout the greater market area Indicates a range of value between $110,000-$150,000 for the vacant sites within Pinyon Mesa Filing II, as of 9/1/2016. This is a'subject to completion" value, assuming individual subdivided lots with infrastructure in place as shown in the Final Plat. Any significant changes in sites or infrastructure from what Is depicted has the potential to impact value and marketability. Feel free to contact me with any questions. Gregory A Forbes Certified Residential Appraiser# CR 40045731 North Fork Appraisal Services 17411 Highway 82, Carbondale CO 81623 970-379-8212 4147 UII{ AN WE 1.71 1111 Reception#: 882621 09/20/2016 12:22:38 PM Jean Alberico 36 of 49 Rec Fee:$251.00 Doc Fee 0.00 GPRFIELD COUNTY CO EXHIBIT C AGREEMENT RESTRICTING TRANSFER OF LOTS THIS AGREEMENT RESTRICTING TRANSFER OF LOTS ("Agreement") is entered into this day of , 2016 by PMGC 2, LLC, a Texas limited Iiability company, whose address is 6300 Ridglea Place, Suite 900, Fort Worth, TX 76116, ("Owner") and the Board of County Commissioners of Garfield County, Colorado ("County"). RECITALS WHEREAS, Owner is the owner and developer of Phase II of the Pinyon Mesa subdivision, consisting of approximately 33.798 acres of real property which is legally described in that certain Warranty Deed recorded May 24, 2016 as Reception No. 877562 ("Subdivision"); and WHEREAS, a final subdivision plat for the Subdivision was approved by the County and recorded on as , comprising thirty-two (32) single-family residential lots on the Property ("Subdivision"); and WHEREAS, Owner and County entered into a Subdivision Improvements Agreement dated and recorded as Reception No. "SIA" which required Owner to provide security in an amount equal to the cost of the public improvements to be completed in the Subdivision; and WHEREAS, the Garfield County Land Use and Development Code permits an applicant to provide security in the form of a restriction on conveyance of certain lots within the Subdivision; and WHEREAS, Owner desires to enter into this Agreement to provide the County with adequate security for the Improvements as defined in the SIA. NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the parties agree as follows: ARTICLE 1 RESTRICTION ON TRANSFER 1.1 Transfer Restriction. Owner shall be prohibited from a Transfer of any portion of the real property described on Exhibit A ("Lots") until this Agreement is terminated by the parties as set forth herein and in the SIA. For purposes of this Agreement, the following events shall be referred to herein as a "Transfer": (i) a transfer or conveyance of title (or any portion thereof, legal or equitable) of the Lots (or any part thereof or interest therein), (ii) the execution of 1111 Pd1111N,:tiliFi(i 'KlirillPY1E:r�110d'r ,Iiiiii 11111 Reception4: 882621 09/20/2016 12:22:38 PM Jean Alberico 37 of 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO a contract or agreement creating a right to title (or any portion thereof, legal or equitable) in the Lots, including a contract for purchase of the Lot (or any part thereof or interest therein), (iii) or an agreement granting a possessory right in the Lot (or any portion thereof), (iv) a sale or transfer of, or the execution of a contract or agreement creating a right to acquire or receive, more than fifty percent (50%) of the controlling interest or more than fifty percent (50%) of the beneficial interest in the Owner, (v) the reorganization, liquidation or dissolution of the Owner. 1.2 Remedies. In the event of a Transfer, and at the election of BOCC, the BOCC may immediately seek an injunction against such Transfer and may otherwise take actions to enforce the terms of the SIA. 1.3 Release. Upon completion of all Improvements required by the SIA, and upon request by Owner, the County shall enter into an agreement releasing this Agreement as set forth in the SIA. Upon the recordation of such release, this Agreement shall no longer encumber the Lots. 1.4. Other Lots Within Subdivision. This Agreement only encumbers the Lots, as specifically described above, and does not encumber any other portion of the Subdivision. ARTICLE 2 GENERAL PROVISIONS 2.1. Notices. All notices and demands required or permitted under this Agreement shall be in writing as follows: (1) by actual delivery of the notice to the party entitled to receive it; (2) by mailing such notice by certified mail, return receipt requested, in which case the notice shall be deemed to be given three days after the date of its mailing; or (3) by Federal Express or any other overnight carrier, in which case the notice shall be deemed to be given as of the date it is sent. All notices which concern this Agreement shall be sent or delivered, as the case may be, to the address of the appropriate party as set forth below, except if changed by a party by notice pursuant hereto: If addressed to Owner: PMGC 2, LLC do Ronald Norman, Manager 265 Ponderosa Pass Carbondale, CO 81623 With a copy to: Balcomb & Green, P.C. 1111 le./NIVAIN4, i' I.1.1if 11 Reception#: 882621 09/20/2016 12:22:38 PCI Jean Rlberico 38 of 49 Rec Fee:$251.00 Doc Fee 0.00 GARFIELD COUNTY CO Attn: Chad J. Lee, Esq. P.O. Drawer 790 Glenwood Springs, CO 81601 clee@balcombgreen.com If to County: Garfield County Commissioners 109 Stn Street, Suite 213 Glenwood Springs, CO 81601 2.2 Choice of Law. This Agreement and each and every related document are to be governed and construed in accordance with the laws of the State of Colorado. 2.3 Waiver. No claim of waiver, consent or acquiescence with respect to any provision of this Agreement shall be valid against any party hereto except on the basis of a written instrument executed by the Parties to this Agreement. However, the party whose benefit a condition is inserted herein shall have the unilateral right to waive such condition. 2.4 Binding Nature. This Agreement shall constitute a covenant running with the title to the Lots as a burden thereon, for the benefit of, and enforceable by, the County. 1111li,1r1411lifiltith1Z6,5f1tIlifig:ikfMI,i> niCini, 11 11 1 Reception#: 882621 09/20/2016 12:22:39 PM Jean Alberico 39 of 49 Rec Fee:$251.00 Doc Fee:0.0O GARFIELD COL1VtY GO IN WITNESS WHEREOF, the parties hereto have executed this Deed Restriction on the day and year first written above. OWNER: PMGC 2, LLC, a Texas limited liability company By: Ronald Norman, Manager STATE OF COLORADO ) ) ss. COUNTY OF The foregoing instrument was acknowledged before me , 2016, by Ronald Norman, Manager of PMGC 2, LLC, a Texas limited liability company. WITNESS my hand and official seal. My commission expires: Notary Public BOARD OF COUNTY COMMISSIONERS FOR THE COUNTY OF GARFIELD, STATE OF COLORADO By: Print Narne: Title: Chairman ATTEST: Jean Alberico, Clerk and Recorder Garfield County, Colorado ■(Il 14���Jt�?�F'>!�'F��'si ILl9I h%I f�� JAZ ! t!�7 K'd Yi' �� 1l II 1 Receptionl3: 882621 09120!2016 12:22:38 PM Jean Alberico 40 of 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO EXHIBIT A LEGAL DESCRIPTION LOTS 49-58 PINYON MESA FILING 2, ACCORDING TO THE PLAT THEREOF RECORDED e5 Za - AS RECEPTION NO. 88 062) IN THE RECORDS OF G • RFI' D COUNTY, COLORADO. ■III �� ���E �1��M�k I}s'I�I� �� ��I ?fJ�1�>4��i� «t��Yi�r�, iI 111 Reccptlont#: 882621 09/20/2016 12.22:38 PM Jean AlberIco 41 of 49 Rea Fee $251.00 Doc Fee:0.00 GARFIELD CCUMTY CO GARFIELD COUNTY TREASURER'S DEPOSIT AGREEMENT Pinyon Mesa Phase 2 REVEGETATION Owner: PMGC 2, LLC THIS 2016 GARFIELD COUNTY TREASURER'S DEPOSIT AGREEMENT —PINYON MESA PHASE 2 REVEGETATION ("Deposit Agreement") is entered into by and between the Garfield County Board of County Commissioners ("BOCC" or "beneficiary"), the Garfield County Treasurer, Karla Bagley ("Treasurer"), and PMGC 2, LLC ("Owner"). Recitals The BOCC approved the Owner's Application for a Grading Permit for the Pinyon Mesa Phase 2 pursuant to Permit Number The Grading Permit requires provision of "Security for Revegetation" and Owner wishes to deposit good funds for such security. The BOCC is willing to allow Owner's use of a Garfield County Treasurer's Deposit Agreement as such financial assurance. The Treasurer is willing and able to hold such funds in accordance with the Treasurer's statutory duties outlined in C.R.S. §§ 30-10-701, et seq. and 30-1-102, as amended. Agreement NOW THEREFORE, in consideration of the foregoing Recitals, the parties agree as follows: 1. Pinyon Mesa Phase 2 Revegetation Treasurer's Account. Owner shall deposit with the Treasurer the sum of Twelve Thousand, Five Hundred Dollars ($12,500.00) to secure revegetation as required in the Grading Permit. In consideration of the service fee payable to the Treasurer, identified in Paragraph 2, below, the Treasurer shall place the funds in an interest bearing account and disburse funds there from in accordance with the terms of this Deposit Agreement. Such account shall be known as the "Pinyon Mesa Phase 2 Revegetation Treasurer's Account" and shall be subject to the terms and conditions of this Deposit Agreement. 2. Treasurer's Service Fee. The Treasurer's service fee shall be, in accordance with C.R.S. § 30-1-102(1)(c), as amended, one percent (1.0%) of the deposited funds, i.e., One Hundred and Twenty -Five Dollars ($125.00). The service fee covers administrative costs incurred by the Treasurer in distributing and accounting for the Pinyon Mesa Phase 2 Revegetation Treasurer's Account. Such fee shall be paid by Owner in cash or by check made payable to the Garfield County Treasurer, as identified in the "Receipt" section of this Deposit Agreement (page 5), on or before the date of execution of this Deposit Agreement. The service fee is deemed to be earned by the Treasurer upon execution of this Deposit Agreement. Interest earned on the Pinyon Mesa Phase 2 Revegetation Treasurer's Account shall be paid to Owner as part of the single disbursement detailed in Paragraph 3, below. The Treasurer shall thereafter provide to Owner a report of interest earned, as ■iii h, AlliCC,yihNiMa riaIAli RN10, 111 Reception#: 882621 09120/2016 12:22:38 PM Jean Albcrico 42 of 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO required by state and federal tax law. Owner shall provide a completed Form W-9 to the Treasurer at the time the deposit is made. 3. Disbursement Procedure. Disbursement from the Pinyon Mesa Phase 2 Revegetation Treasurer's Account shall be made by the Treasurer upon the written direction of the BOCC, as follows: a. Request for Review and Approval. Upon complying with the two-year revegetation requirement, Owner shall obtain written approval from the Garfield County Vegetation Management Department of the required revegetation work. b. c. d. e. f. Deficiencies. If the Garfield County Vegetation Management Department refuses approval of the success of revegetation, the Garfield County Vegetation Management Department shall provide written notice of deficiency in substantial compliance with the provisions of the Grading Permit and Owner shall correct the identified deficiencies. Single Request for Disbursement. This Deposit Agreement does not provide for successive partial releases or disbursements from the Pinyon Mesa Phase 2 Revegetation Treasurer's Account. One (1) final disbursement shall be requested by Owner, upon completion of Revegetation. Owner specifically recognizes and agrees that partial releases are not allowed. Request for Disbursement/Release. Owner shall request disbursement by means of a written "Request for Disbursement," addressed to the BOCC and delivered to the Garfield County Building and Planning Department. The Request for Disbursement shall be accompanied by an approval statement from the Garfield County Vegetation Management Department. BOCC's Acknowledgment and Direction. Upon review of the submittals required by Paragraph 3.D., above, if the BOCC approves the statement from the Garfield County Vegetation Management Department, the BOCC shall issue its "Acknowledgment of Satisfaction and Direction to Treasurer", in a form substantially similar to that document attached to and incorporated herein by reference as "Exhibit A". BOCC's Completion of Revegetation. If, in the sole discretion of the BOCC, the Owner's revegetation success is deemed unsatisfactory within the period of time defined in Paragraph 4, below, or if the BOCC determines that Owner will not or cannot complete the revegetation under the Grading Permit, the BOCC may withdraw and employ from the Pinyon Mesa Phase 2 Revegetation Treasurer's Account such funds as may be necessary to carry out the revegetation. If funds are inadequate, responsibility to complete remaining Revegetation shall be that of the Owner, not the BOCC. If the BOCC elects to complete the Owner's revegetation work, expenditure on the effort shall be no more than the principal amount of the Pinyon Mesa Phase 2 Revegetation Treasurer's Account, plus interest, if interest is due Owner. if the cost of the revegetation to the BOCC is less than the amount available, the BOCC shall return the overage to Owner within a reasonable period of time following completion by the BOCC. 1111 11111 Receptionkf: 882621 09120/2016 12:22:3B PM Jean Alberico 43 of 49 Rec Fee:$251.00 Doc Fee,0.00 GARFIELD COUNTY CO 4. Term. The term of this Deposit Agreement shall begin on the date of execution, as defined below, and end on or before two years following approval of the Grading Permit. If Owner has failed to complete the Revegetation within this term, all funds held under this Agreement shall continue to be maintained by the Treasurer until needed for completion of revegetation by the BOCC under Paragraph 3.F. 5. Waiver, Consent and Indemnity. Owner consents to the disbursement procedure and other actions authorized and provided for by the terms of this Deposit Agreement. Owner waives any claim against the BOCC, the Treasurer, their officers, employees, agents, and contractors, on account of each of their good faith performance of their obligations under this Deposit Agreement. Owner shall defend, indemnify and hold harmless the BOCC, the Treasurer, their officers, employees, agents, and contractors from and against any claim made on account of this Deposit Agreement. 6. Indemnification of Treasurer. Owner and the BOCC each shall mutually defend indemnify and hold the Treasurer harmless from any claim made. Owner and the BOCC each waive any claim against the Treasurer involving this Deposit Agreement, unless such claim is premised upon the wanton and willful misconduct of the Treasurer. 7. Binding Effect, This Deposit Agreement shall be binding on the successors and assigns of all parties and shall terminate upon final disbursement of funds held by the Treasurer in the Pinyon Mesa Phase 2 Revegetation Treasurer's Account. 8. Immunity. Nothing contained in this Deposit Agreement constitutes a waiver of governmental immunity applicable to the BOCC under Colorado law. 9. No Agency. The making and execution of this Deposit Agreement shall not be deemed to create a partnership, joint venture, or agency or fiduciary relationship among the parties. 10. Integration. This Deposit Agreement constitutes the entire agreement among the parties pertaining to the method of deposit and disbursement of the Pinyon Mesa Phase 2 Revegetation Treasurer's Account. No supplement, modification or amendment of this Deposit Agreement, other than changes as to notice information, shall be binding unless executed in writing in a document of equal formality as this Deposit Agreement. 11. Notices. Any notice required or permitted by this Deposit Agreement shall be given in writing and shall be effective upon the date of delivery, or attempted delivery if delivery is refused. Delivery shall be made in person, or by certified return receipt requested U.S. Mail or receipted delivery service to: BOCC • c/o Community Development Department attn: Director 108 8`h Street, 4th Floor Glenwood Springs, CO 81601 Garfield County Treasurer Karla Bagley 109 86 Street, Suite 204 Glenwood Springs, CO 81601 IDI kl11./IYAMMI ���►��«��Fh}��l��t�� �l+�Ri��t, �I ill Reception#: 882621 09!201201G 12:22:39 PM Jean Rlberico 44 of 49 Rec Fee:$251.00 Doc Fee:0.00 GARFIELD COUNTY CO Owner: PMGC 2, LLC c/o Ronald Norman, Manager 265 Ponderosa Pass Carbondale, CO 81623 With a copy to: Balcomb & Green, P.C. Attn: Chad J. Lee, Esq. P.O. Drawer 790 Glenwood Springs, CO 81601 clee@balcombgreen.com Changes in address, phone number and identity of contact person(s) shall be made in writing, and may be made without formal amendment of this Deposit Agreement. WHEREFORE, the parties have caused this Deposit Agreement to be effective on the date of execution by the BOCC, as beneficiary, noted below. ATTEST: BENEFICIARY: BOARD OF COUNTY COMMISSIONERS GARFIELD COUNTY, COLORADO By: Clerk to the Board John Martin, Chairman Date: By: Karla Bagley, Treasurer DEPOSIT HOLDER: GARFIELD COUNTY TREASURER Date: •IIIEPOMAIKIIMUKUNlSPAdlAUMili, lli!(i Reeeption8: 882621 09120(2016 12:22:38 PM Jean Rlberico 45 of 49 Rec Fee:5251.00 Doc Fee:0.00 GPRFIELD COUNTY CO DEPOSITOR/OWNER: State of Colorado County of Garfield ) )ss. PMGC 2, LLC By: Ronald Norman, Manager Date: Subscribed and sworn to before me this _ day of , 2016, by Witness my hand and official seal. My Commission expires: RECEIPT Check No. ; or Cash Form W-9: Received By: Print Name: Title: Date: Office of the Treasurer Form 1099 shall be sent to: Notary Public Reception#: 882621 09/20/2016 12.22:38 PM Jean Rlberico 46 of 49 Rec Fee:$251.00 Doc Fee:0.00 GRRFIELD COUNTY CO Exhibit A ACKNOWLEDGMENT OF SATISFACTION AND DIRECTION TO TREASURER TREASURER'S DEPOSIT AGREEMENT Recitals 1. (a Colorado [an individual], entered into a 20 Garfield County Treasurer's Deposit Agreement with the Board of County Commissioners of Garfield County, Colorado ("BOCC") and the Treasurer of Garfield County, Colorado ("Treasurer") dated and recorded on as Reception Number of the Real Estate Records of the Garfield County Clerk and Recorder ( "Deposit Agreement"). 2. has presented certification to the BOCC from a licensed engineer that construction of Improvements is final and/or written approval from the Garfield County Vegetation Manager that revegetation is successful related to Grading Permit number Acknowledgment NOW THEREFORE, at the request of and in consideration of the premise and the prior agreements contained in the Deposit Agreement the BOCC hereby: 1. acknowledges full satisfaction of the security requirements of the Grading Permit; 2. authorizes disbursement of funds from the amount of $ , resulting in a remaining balance of $ -0- Treasurer's Account in the 3. authorizes and directs the Treasurer to release the funds held in the Treasurer's Account to an authorized representative of BOARD OF COUNTY COMMISSIONERS ATTEST: OF GARFIELD COUNTY, COLORADO By: Clerk to the Board John Martin, Chairman Date: ■t t FAIVAF1'��nSI,ETA' r��k�'���'fr1C�i��iti �Yi���� �I 111 Reception#: 882621 09/20/2016 12:22:38 PM Jean Rlberico 47 of 49 Rec Fee:$251.00 Doc Fee:0.CO GARFIELD COUNTY CO EXHIBIT E REQUEST FOR PARTIAL RELEASE OF TRANSFER RESTRICTION Board of County Commissioners Garfield County, Colorado c/o Director of Community Development 108 8th Street, Suite 401 Glenwood Springs, CO 81601 RE: Pinyon Mesa Subdivision Phase 2 This request is written to formally notify the BOCC of work completed for Pinyon Mesa, Phase 2. As Owner [On behalf of the Owner], we request that the BOCC review the attached Engineer's Certificate of Partial Completion and approve a partial release of the Restrictive Covenant of lots which equals a reduction in the face amount of the amount secured by the Restrictive Covenant in the amount of $ Attached is the certified original cost estimate and work completed schedule, showing: Engineers Cost Estimate Work Completed, Tess 10% Reduced Face Amount of LOC Based on periodic observation and testing, the construction has been completed, to date, in accordance with the intent of the plans and specifications that were reviewed and approved by the BOCC's representatives and referenced in Paragraph 2 of the Subdivision Improvements Agreement between the BOCC and the Owner. If further information is needed, please contact , at Owner or Owner's Representative/Engineer ■III ���� Wylk 1111 Reception#: 882621 09/20/2015 12:22:38 PM Jean Alberico 49 of 49 Rec Fee:$Z51.00 Ooc Fee:0.00 GARFIELD COUNTY CO EXHIBIT F REQUEST FOR FINAL RELEASE OF TRANSFER RESTRICTION Board of County Commissioners Garfield County, Colorado c/o Director of Building and Planning 108 8triStreet, Suite 401 Glenwood Springs, CO 81601 RE: Pinyon Mesa Subdivision Phase 2 This request is written to formally notify the BOCC of work completed for Pinyon Mesa, Phase 2. As Owner [On behalf of the Owner], we request that the BOCC review the attached Engineer's Certificate of Completion and approve a full release of the Restrictive Covenant in the amount of Attached is the certified original cost estimate and work completed schedule, showing that all improvements required by the Improvements Agreement and secured by the Restrictive Covenant have been completed. Also enclosed are the following, required by the Improvements Agreement dated between Owner and the BOCC, recorded at Reception No. at the Real Estate Records of the Garfield County Clerk and Recorder (the "SIA"): 1. record drawings bearing the stamp of Owner's Engineer certifying that all improvements have been constructed in accordance with the requirements of the S1A, both in hand copy and digital format acceptable to the BOCC; and 2. copies of instruments conveying real property and other interests which Owner was obligated to convey to the homeowner's association or other entity at the time of final Plat Approval. if further information is needed, please contact , at If you agree that the Restrictive Covenant should be fully released, please complete a request for full release of the Restrictive Covenant to the Garfield County Trustee and return the same to me. Owner or Owner's Representative/Engineer ReceptiontP: 882621 09/20/2016 12:22:38 FM Jean Alberico 49 of 49 Rec Fee:5251.30 Doc Fee:0.00 GARFIELD COUNTY CO EXHIBIT G PINYON MESA FILING 2 SUBDIVISION IMPROVEMENTS AGREEMENT NOTICE REGARDING BUILDING PERMITS AND CERTIFICATES OF OCCUPANCY TO: ALL PURCHASERS OF HOME SITES WITHIN PINYON MESA FILING 2 YOU ARE HEREBY NOTIFIED under applicable Garfield County regulations, you may not commence construction of a residence within unincorporated Garfield County, including within the Pinyon Mesa Filing 2 Subdivision, prior to issuance of a building permit by Garfield County. Under the terms of the Subdivision improvements Agreement between Garfield County and Pinyon Mesa Development, Inc., Garfield County will not issue building permits for property in Pinyon Mesa Filing 2, until: 1. The Owner/Developer has demonstrated to the satisfaction of the Carbondale Rural 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. 3. The remaining 50% of the Garfield County Road Impact Fee 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. Additionally, Garfield County will not issue Certificates of Occupancy for any structures within Pinyon Mesa Filing 2 until all of the subdivision improvements have been completed and are operational in accordance with the Subdivision Improvements Agreement between Garfield County and Pinyon Mesa Development, Inc. and until radon gas testing has been completed. Owner/Subdivider: PMGC 2, By • 'nald orman, Manager 11111it./, i010:110,,ghvt11.10), 1111 Receptionll: 882622 09/2012016 12:22:38 PM Jean Alberlco 1 of 5 Rec Fee:$31.00 Doc Fee,0.00 GARFFIELD COUNTY CO AGREEMENT RESTRICTING TRANSFER OF LOTS .o a EXHIBIT 5 THIS AGREEMENT RESTRICTING TRANSFER OF LOTS ("Agreement") is entered ^-into this J `T day of S ef,, 2016 by PMGC 2, LLC, a Texas limited liability • company, whose address is 6300 Ridglea Place, Suite 900, Fort Worth, TX 76116, ("Owner") and the Board of County Commissioners of Garfield County, Colorado ("County"). RECITALS WHEREAS, Owner is the owner and developer of Phase II of the Pinyon Mesa subdivision, consisting of approximately 33.798 acres of real property which is legally described in that certain Warranty Deed recorded May 24, 2016 as Reception No. 877562 ("Subdivision"); and WHEREAS, a final subdivision plat for the Subdivision was approved by the County and recorded on 9 20 /,bas d 2() , comprising thirty-two (32) single-family resid ntilots on the Property ("Subdivision"); and WHEREAS, Owner and County entered into a Subdivision Improvements Agreement dated p J�/9//G and recorded p4i//I� as Reception No. a 8 2 6 2/ "SIA" �nfhich required Owner to proved security in an amount equal to the cost of the public iunprovements to be completed in the Subdivision; and WHEREAS, the Garfield County Land Use and Development Code permits an applicant to provide security in the form of a restriction on conveyance of certain lots within the Subdivision; and WHEREAS, Owner desires to enter into this Agreement to provide the County with adequate security for the Improvements as defined in the SIA. NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the parties agree as follows: ARTICLE 1 RESTRICTION ON TRANSFER 1.1 Transfer Restriction. Owner shall be prohibited from a Transfer of any portion of the real property described on Exhibit A ("Lots") until this Agreement is terminated by the parties as set forth herein and in the SIA. For purposes of this Agreement, the following events shall be referred to herein as a "Transfer": (i) a transfer or conveyance of title (or any portion thereof, legal or equitable) of the Lots (or any part thereof or interest therein), (ii) the execution of 1111 Eir.tri iriMli Ilu.WMMRN Fin lilt 11111 Reception#• 882622 09/20/2016 12:22:38 PI Jean filberico 2 of 5 Rec Fee:$31.00 Doc Fee:0.00 GARFIELD COUNTY CO a contract or agreement creating a right to title (or any portion thereof, legal or equitable) in the Lots, including a contract for purchase of the Lot (or any part thereof or interest therein), (iii) or an agreement granting a possessory right in the Lot (or any portion thereof), (iv) a sale or transfer of, or the execution of a contract or agreement creating a right to acquire or receive, more than fifty percent (50%) of the controlling interest or more than fifty percent (50%) of the beneficial interest in the Owner, (v) the reorganization, liquidation or dissolution of the Owner. 1.2 Remedies. In the event of a Transfer, and at the election of BOCC, the BOCC may immediately seek an injunction against such Transfer and may otherwise take actions to enforce the terms of the SIA. 1.3 Release. Upon completion of all Improvements required by the SIA, and upon request by Owner, the County shall enter into an agreement releasing this Agreement as set forth in the SIA. Upon the recordation of such release, this Agreement shall no longer encumber the Lots. 1.4. Other Lots Within Subdivision. This Agreement only encumbers the Lots, as specifically described above, and does not encumber any other portion of the Subdivision. ARTICLE 2 GENERAL PROVISIONS 2.1. Notices. All notices and demands required or permitted under this Agreement shall be in writing as follows: (1) by actual delivery of the notice to the party entitled to receive it; (2) by mailing such notice by certified mail, return receipt requested, in which case the notice shall be deemed to be given three days after the date of its mailing; or (3) by Federal Express or any other overnight carrier, in which case the notice shall be deemed to be given as of the date it is sent. All notices which concern this Agreement shall be sent or delivered, as the case may be, to the address of the appropriate party as set forth below, except if changed by a party by notice pursuant hereto: If addressed to Owner: PMGC 2, LLC cio Ronald Norman, Manager 265 Ponderosa Pass Carbondale, CO 81623 With a copy to: Balcomb & Green, P.C. 1111 fedifYit lb11l,1!1111 iV,111Q.I N ti li' vic 11111 Reception#: 882622 09/23/2016 12:22:38 PM Jean Rlberico 3 of 5 Ree Fee:$31.00 Doc Fee:0.00 GARFIELD COUNTY CO Attn: Chad J. Lee, Esq. P.O. Drawer 790 Glenwood Springs, CO 81601 clee@balcombgreen.com If to County: Garfield County Commissioners 109 8th Street, Suite 213 Glenwood Springs, CO 81601 2.2 Choice of Law. This Agreement and each and every related document are to be governed and construed in accordance with the laws of the State of Colorado. 2.3 Waiver. No claim of waiver, consent or acquiescence with respect to any provision of this Agreement shall be valid against any party hereto except on the basis of a written instrument executed by the Parties to this Agreement. However, the party whose benefit a condition is inserted herein shall have the unilateral right to waive such condition. 2.4 Binding Nature. This Agreement shall constitute a covenant running with the title to the Lots as a burden thereon, for the benefit of, and enforceable by, the County. 1111 f11rdFiltillifi IM, IQ rile 35 11111 Reception#: 882622 09/20/2016 12:22:38 PM Jean nlbertco 4 of 5 Rec Fee:$31.00 Doc Fee:0.03 GARFIELD COUNTY CO IN WITNESS WHEREOF, the parties hereto have executed this Deed Restriction on the day and year first written above. OWNER: PMGC 2, LLC, a Texa�L i ted Nabi By. nald Norman, Manager STATE OF COLORADO ) ) ss. COUNTY OF Am -A401 ) The foregoing instrument was acknowledged before me SQ.?-e,y,tler 1 , 2016, by Ronald Norman, Manager of PMGC 2, LLC, a Texas limied liability company. WITNESS my hand and official seal. My commission expires: BRITT J. CHOATE NOTARY PUBLIC STATE OF COLORADO NOTARY ID #19974001 }76555 My Commission Exp Juty OARD OF CO i • ISSIONERS F • THE COUN Y OF G IELD, STA OF COL By: / 11 Notary Public Print N Title: ATTES Je lberico, Clerk and Recorder G. field County, Colorado lo' RADO 1111 liP, lli> 110.11iiii 11 Il l Receptiont3: 882622 09/20/2016 12:22:38 PM Jean Alberico 5 of 5 Rec Fee 531.00 Doc Fee:0.00 GARFIELD COUNTY CO EXHIBIT A LEGAL DESCRIPTION LOTS 49--58, P NYON MESA FILING 2, ACCORDING TO THE PLAT THEREOF RECORDED CD .4, .4, AS RECEPTION NO. 8 2 620 IN THE RECORDS OF GARFIEL COUNTY, COLORADO. 1111P1 IiiViiti11414f, hki 11111 Recept ionk# : 716948 02108/2007 04 38 23 PM 8:1893 P:0363 Jean Plberico 1 of 6 Pec Fee $0 00 Doc Fee. GARFIELD COUNTY CO STATE OF COLORADO )ss County of Garfield EXHIBIT /0 At a regular meeting of the Board of County Commissioners for Garfield County, Colorado. held in the Commissioners' Meeting Room, Garfield County Plaza Building, in Glenwood Springs on Monday, December 11, 2006, there were present: John Martin , Commissioner Chairman Larry McCown , Commissioner Tresi Houpt , Commissioner Don DeFord , County Attorney Mildred Alsdorf , Clerk of the Board Ed Green , County Manager when the following proceedings, among others were had and done, to -wit: RESOLUTION NO. 2 0 0 7- 0 4 A RESOLUTION CONCERNED WITH THE APPROVAL OF A PRELIMINARY PLAN APPLICATION FOR THE PINYON MESA SUBDIVISION IN PHASE 3 OF THE LOS AMIGOS RANCH PLANNED UNIT DEVELOPMENT WHEREAS, the Board of County Commissioners of Garfield County, Colorado, received a Preliminary Plan Application from Pinyon Mesa Development, LLC to subdivide a 60.49 -acre property (also known as Phase 3 of the Los Amigos Ranch PUD) in to 80 high-density single family residential lots and which property is generally located in lower Spring Valley, approximately 1 mile east of the Highway 82 / CR 114 intersection in the N %2 of Sections 7 and 8, Township 7 South, Range 88 West of the Sixth P.M., Garfield County; and WHEREAS, the subject property is located in the High Density Single Family Zone District within Phase 3 of the Los Amigos Ranch Planned Unit Development (PUD); and WHEREAS, on October 11, 2006, the Garfield County Planning and Zoning Commission forwarded a recommendai ion of approval with conditions to the Board of County Commissioners for the Preliminary Plan; and WHEREAS, on December 11, 2006, the Board of County Commissioners opened a public hearing upon the question of whether the Preliminary Plan should be granted, granted with conditions, or denied at which hearing the public and interested persons were given the opportunity to express their opinions regarding the issuance of said Preliminary Plan; and 1 1111 i1nitU. 5+!,I41r,Ir 'Gff 101,14411041111 Reeep t i onit : 716948 02/09/2007 04:36 23 PM B:1693 P'0364 Jean P]berico 2 of 6 Rec Fee:$0.00 Doc Fee GARFIELD COUNTY CO WHEREAS, the Board of County Commissioners closed the public hearing on the December 11, 2006 to make a final decision; and WHEREAS, the Board of County Commissioners on the basis of substantial competent evidence produced at the aforementioned hearing, has made the following determination of facts: 1. That proper publication, public notice, and posting was provided as required by law for the hearings before the Planning and Zoning Commission and before the Board of County Commissioners. 2. That the public hearings before the Planning and Zoning Commission and the Board of County Commissioners were extensive and complete; all pertinent facts, matters and issues were submitted; and that all interested parties were heard at those hearings. 3. The application is in compliance with the standards set forth in Section 4:00 of the Garfield County Subdivision Regulations of 1984. as amended. 4. That the proposed subdivision of land is in compliance with the recommendations set forth in the Comprehensive Plan for the unincorporated areas of the County. 5. The proposed subdivision of land conforms to the Garfield County Zoning Resolution of 1978, as amended and the provisions of the High Density Single Family zone district in the Los Amigos Ranch PUD. 6. The proposed use is in the best interest of the health, safety, morals, convenience, order, prosperity and welfare of the citizens of Garfield County. NOW, THEREFORE, BE ET RESOLVED by the Board of County Commissioners of Garfield County, Colorado, that based on determination of facts set forth above, the Preliminary Plan request is approved with the following conditions: 1. That all representations made by the Applicant in the application and as testimony in the public hearings before the Planning & Zoning Commission and Board of County Commissioners shall be conditions of approval, unless specifically altered by the Board of County Commissioners. 2. All internal roads shall be designed to have a road surface of at least two 12 -foot driving lanes with curb and gutter throughout the subdivision with a minimum right of way of 50 feet. Such design of the internal road system shall be consistent with the design proposed to the BOCC in the Preliminary Plan. 3. The length of the cul-de-sac represented as Pinyon Mesa Drive shall be allowed to be designed, as shown, to 900 linear feet and the bulb at the end of the cul-de-sac may remain as designed with a landscaped island in the middle. 2 1111K 11111 ReceptionU: 716948 02/08/2007 04:38 23 PM 8:1893 P:0365 Jean Rlberico 3 of 6 Rec Fee.$0.00 Doc Fee: GRRFIELD COUNTY CO 4. The Applicant shall furnish a design and specifications for the secondary emergency point at the end of Paintbrush Way that indicates the ability to handle large / heavy emergency vehicles and methods of break -away gates or other appropriate mechanism to deter use unless for emergency. This shall be prepared and provided prior to final plat. 5. Applicant shall obtain a driveway access permit for both the main entrance into the projects and for the secondary emergency access point onto CR 114 these shall be obtained prior to final plat. 6. The Applicant shall install a stop sign at each entrance to CR 114. The signs, posts and location shall be as required by the MUTCD (Manual on Uniform Traffic Control Devices). An intersection sign shall be placed on both sides of the main entrance to the subdivision alerting uphill and downhill traffic to the entrance. The signs, posts and installation shall be as required in the MUTCD (Manual on Uniform Traffic Control Devices). 7. Pursuant to the suggestions by the Road and Bridge Department in Exhibit M, the Applicant may either 1) construct a right-hand turn lane should be installed on the uphill lane to the main entrance to the subdivision and be reimbursed by the total amount of Traffic Impact Fees required by the Development (approximately $150,000.00) or 2) choose not to construct the improvement a only pay the Traffic Impact Fee. 8. The Applicant shall pay the appropriately calculated Traffic Impact Fee for Study Area 10 which results in a fee of approximately $149,292.00. Only half of this fee (approximately $74,646.00) is required to be paid at Final Plat with the remaining half to be amortized by way of individual building permits as the project develops over time. 9. The Applicant shall cause the conveyance of the School Parcel by deed to the RE - 1 School District prior to Final Plat or pay the appropriately calculated School / Land Dedication Fee pursuant to the Subdivision Regulations. 10. All development of this property shall follow the recommendations of the Colorado State Forest Service as stated in their letter dated August 28,2006, (attached as Exhibit N to the Staff report) which shall be incorporated into the CCRs as a requirement of the BOCC particularly as they relate to lots 17-20, 36- 48. 66-72 and lots 59-65. 11. The Applicant shall pay -in -full the fire impact fee of $437 per dwelling unit to Carbondale Fire Protection District at the time of Final Plat. (This fee shall be $34,960.00) 12. The Applicant shall incorporate the recommendations contained in the "Wildlife 3 nil ICM IA II4K1414Piii WIN 11111 Reception#: 716948 02108'2007 04:38 23 PM 8.1893 P:0366 Jean Alberico 4 of 6 Rec Fee SO.00 Doc Fee: GARFIELD COUNTY CO Analysis / Impact and Mitigation Report" prepared by Rocky Mountain Ecological Services, Inc. contained in the Application and shall be included as a component in the CCRs. 13. Prior to Final Plat submittal. the Applicant shall meet with the DOW in order to prepare an Elk Management Plan due to the amount of critical wintering habitat being eliminated with development. (This was not completed.) 14. The Applicant shall cause the open space tracts to be deeded to the Homeowners Association as part of the Final Plat. 15. The Applicant shall provide a security for revegetation in the amount to be determined by the County Vegetation Manager (based on disturbed acreage) for all areas to be disturbed in connection with the final plat and the obligations of said security which security shall be incorporated into the Subdivision Improvements Agreement. The security shall be held by Garfield County until vegetation has been successfully reestablished according to the Reclamation Standards in the Garfield County Vegetation Management Plan. 16. The Applicant shall provide a Soil Management Plan that includes 1) provisions for salvaging on-site topsoil, 2) a timetable for eliminating topsoil and/or aggregate piles, and 3) a plan that provides for soil cover if any disturbances or stockpiles will sit exposed for a period of 90 days or more. The Applicant shall prepare this plan to be submitted with the final plat documents so that the County can review prior to final plat approval. 17. The Applicant shall follow all of the recommendations provided in the geotechnical analysis prepared by HP Geotech (reports in the Application and Exhibit S to the Staff Report) as well as the follow the recommendations provided by the Colorado Geologic Survey in their letter dated August 30, 2006 also attached as Exhibit J to the staff report). 18. All easements of record shall be shown on the Final Plat. 19. The Applicant shall include the six points provided in the letter from the Bureau of land Management dated August 22, 2006 (and attached to the Staff report as Exhibit P) in the CCRs to place residents in the PUD on notice of these issues. The CCRs shall be provided as part of the Final Plat submittal. 20. The following plat notes shall be placed on the final plat. a. "Control of noxious weeds is the responsibility of the property owner." b. "One (1) dog will be allowed for each residential unit and the dog shall be required to be confined within the owners property boundaries." c. "No open hearth solid fuel fireplaces will be allowed anywhere within the 4 MaximumMaximum 1 Height I Floor Area 11111 Ind /16,144.1111 1111,14KWl NC*111III Reception#: 716948 02/08/2007 04 3B:23 PM 8,1893 P 0367 Jean Plberico 5 of 6 Rec Fee.$0.00 Doc Fee: GDRFIELD COUNTY CO subdivision. One (1) new solid fuel burning stove as defied by C.R.S. 2.5-7- 401, et. seq., and the regulations promulgated thereunder, will be allowed in any dwelling unit. All dwelling units will he allowed an unrestricted number of natural gas burning stoves and appliances". d. No further subdivision shall be allowed of a subdivided lot." e. "All exterior lighting shall be the minimum amount necessary and that al! exterior lighting be directed inward and downward, towards the interior of the subdivision, except that provisions may be made to allow for safety lighting that goes beyond the property boundaries". f "Colorado is a "Right -to -Farm" State pursuant to C.R.S. 35-3-101, et seq. Landowners, residents and visitors must be prepared to accept the activities, sights, sounds and smells of Garfield County's agricultural operations as a normal and necessary aspect of living in a County with a strong rural character and a healthy ranching sector. Those with an urban sensitivity may perceive such activities, sights, sounds and smells only as inconvenience, eyesore, noise and odor. However, State law and County policy provide that ranching, farming or other agricultural activities and operations within Garfield County shall not be considered to be nuisances so long as operated in conformance with the law and in a non -negligent manner. Therefore, all tnust be prepared to encounter noises, odor, lights, niud, dust, smoke chemicals, machinery on public roads, livestock on public roads, storage and disposal of manure, and the application by spraying or otherwise of chemical fertilizers, soil amendments, herbicides, and pesticides, any one or more of which may naturally occur as a part of a legal and non -negligent agricultural operations. g. "All owners of land, whether ranch or residence, have obligations under State law and County regulations with regard to the maintenance of fences and irrigation ditches, controlling weeds, keeping livestock and pets under control, using property in accordance with zoning, and other aspects of using and maintaining property. Residents and landowners are encouraged to learn about these rights and responsibilities and act as good neighbors and citizens of the County. A good introductory source for such information is "A Guide to Rural Living & Small Scale Agriculture" put out by the Colorado State University Extension Office in Garfield County." h. "All lots shall require site specific geotechnical studies before a building permit will be issued by the County Building Department and all foundations shall be designed by a professional engineer licensed to practice in Colorado. i. Zone District Parameters: Zone District Conditional Uses Minimum Lot Area Maximum Lot Minimum Setbacks 5 III! WM.% Pft ft %%l II III Reception#: 716948 02/08/2007 04.38:23 PN B 1893 P:0368 Jean R1ber..co 5 of 6 Rec Fee 40,00 Doc Fee GARFIELD COUNTY CO day of re6rwun'l A.D. 2007. C - of the Board GARFIELD COUNTY BOARD OF COMMISSIONERS, GARF ... 1 COUNTY, COL* '•I Upon motion duly made and seconded the foregoing7`�ti lT . adopted by the following vote: John Martin Larry McCown Tresi Houpt , Aye , Aye , Aye STATE OF COLORADO )ss County of Garfield I, , County Clerk and ex -officio Clerk of the Board of County Commissioners in arid for the County and State aforesaid do hereby certify that the annexed and foregoing Resolution is truly copied from the Records of the Proceeding of the Board of County Commissioners for said Garfield County, now in niy office. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said County, at Glenwood Springs, this day of , A.D. 2007 County Clerk and ex -officio Clerk of the Board of County Commissioners 6 Coverage High DensityHome Single Family (HDSF) Occupation u 10,000 sq. h. 25% Front / Rear: 25' Sides: 10' 28 feet 3,294 sq. ft. day of re6rwun'l A.D. 2007. C - of the Board GARFIELD COUNTY BOARD OF COMMISSIONERS, GARF ... 1 COUNTY, COL* '•I Upon motion duly made and seconded the foregoing7`�ti lT . adopted by the following vote: John Martin Larry McCown Tresi Houpt , Aye , Aye , Aye STATE OF COLORADO )ss County of Garfield I, , County Clerk and ex -officio Clerk of the Board of County Commissioners in arid for the County and State aforesaid do hereby certify that the annexed and foregoing Resolution is truly copied from the Records of the Proceeding of the Board of County Commissioners for said Garfield County, now in niy office. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said County, at Glenwood Springs, this day of , A.D. 2007 County Clerk and ex -officio Clerk of the Board of County Commissioners 6