Loading...
HomeMy WebLinkAboutbocc.con.052.1974SIL. VI~ DRVIS RITK)N COUNTy CO R 0.00 SUPPLEMENTAL SUBDIVISION IMPROVEMENTS AGREEMENT 495085 Page: 1 of' 6 03102/2004 lO:OTr D e.0o THIS AGREEMENT made and entered into this i{~ day of January, 1974, by and between SNOWMASS MOUNTAIN DEVELOPMENT CO., a Colorado corporation ("Company"), and PITKIN COUNTY, COLORADO, ("County"); WI TNE S S E TH: Recitals 1.1 The Company has filed with the County ~ommissioners for Pitkin County, for their final subdivision appro"~al, a Condo- minium Map for Snowmass Mountain Condominiums, PhaselI, pursuant to Subdivision Regulations of Pitkin County. I 1.2 A Subdivision Improvements Agreement h~s heretofore been executed on January 16, 1973, by and between th% Company and the County, and both the Company and County now desire to modify said Agreement as specifically hereinafter set forth! and to ratify that part of said Agreement which is not so m~dified. 1.3 The Pitkin County Planning Office has ~ecommended that certain things be done by the Company prior to final sub- division approval of the said Condominium Map. ! 1.4 The Pitkin County Board of County Con~n~ssioners has required, as a condition to its final subdivision approval of the said Condominium Map, that a Supplemental SubdivisionI Improvements Agreement be entered into incorporating the desired modifications to the original Subdivision Improvements Agreement and requiring compliance with the aforesaid recommendations of the ~itkin County Planning Office. II. Basic Agreement 2.1 The street paving required to be done by the Company Page: pursuant to the Subdivision Improvements Agreement dated January 16, 1973, is the paving of that road described in Exhibit attached hereto and incorporated herein by this reference, and the same shall be completed by the Company as soon !S may be practical following completion of the entire condominium project, including Phase I, Phase II, and Phase III, as thos~ phases appear on the Site Plan attached hereto as Exhibit "!B" and incorporated herein by this reference, but in any e~ent no later than September 30, 1979; however, should the CompanyI so desire, it may complete all or any part of said street pavin~ at .any time prior to completion of the entire condominium pro3ect. 2.2 The Company agrees to complete the wor~ required to be done according to the surface drainage plan prepared by Benedict Associates, Inc. as the same appears on Exhibit "B" ~ttached hereto, or in the event that Briscoe & Maphis Management Services, Inc., of Denver, Colorado, to whom said plan has beeT submitted by the Pitkin County Planning Office for its review ~nd recommendation, recommends changes, modifications, or additions, to Said plan, the Company agrees to do any and all work which may be or become necessary to make such changes, modifications or additions. 2.3 The Company has contacted the Soil Conservation Service of the U.S. Department of Agriculture's GlenWood Springs Field Office requesting recommendations on revegetat~on of the site, and the Company agrees to do any and all work ~hich may be or become necessary to comply with said recommendations. 2.4 The Company shall not be required to install street lights or street name signs as previously required by! the Sub- division Improvements Agreement dated January 16, 197!3. 2.5 The Company shall complete all work required to be done pursuant to Paragraphs 2.2, and 2.3 hereof prior! to August 1, 1974. 2.6 In order to guarantee the performance b~ the Company of the covenants contained in paragraphs 2.1, 2.2, and 2.3 hereof, -2- Page: 3 of 6 03/02/2004 10:07 SILVIR DRVIS PITKIN COUNTY O0 R 0.00 0 0.0~ the Company shall deliver to the County on the dat< :of e×ec~tion of this Agreement either cash or a good andsufficient' ' corporate surety bond in the principal sum of Ten Thousand Dollars ($10,000.00), Six Thousand Dollars ($6,000.00) of which shall be conditional upon satisfactory completion of the wor~ described in paragraphs 2.1 hereof prior to September 30, 1979!, and Four Thousand Dollars ($4,000.00) of which shall be conditional upon satisfactory completion of the work described in paragraphs 2.2 and 2.3 hereof prior to August 1, 1974. Provided, hQwever, that if the Company shall hereafter submit bona fide bids! from responsible contractors or other evidence satisfacto~ to the Pitkin County Planning Office, that the work described in paragraphs 2.2 and 2.3 hereof will cost less than FoUr Thousand Dollars ($4,000.00) to complete, the cash or bond sh~ll be reduced accordingly; and further ~provided that if the work d~scribed in paragraph 2.1 hereof is completed in stages, the cash or bond with respect thereto shall be reduced in proportion to that work which is so completed. If cash is initially deposited to guarantee such performance, such may be withdrawn upon substitution of a corporate surety bond as hereinabove described. 2.7 That part of the aforesaid SubdivisionlImprovements Agreement dated January 16, 1973, which is not modified by this Agreement is hereby ratified. IN WITNESS WHEREOF, this Agreement has been lexecuted as of the day and year first above mentioned. ATTEST: ~ry Se( President~ ~ PITKIN COB2~ITY, COLORADO, ~y and through its Board of County Commissioners -3- Page: 4 of' 03/02/2004 EXHIBIT "A" A non-exclusive access easement located in Tract 42, Section 1, Township 10 South, Range 86 West of the 6th Principal Meridian. Said easement is more fully d~scribed as 15 feet each side of the following described center- line: Beginning at a point whence Angle Point 1 of said Tract 42 bears N. 50°18'51'' E., 904.27 feet (said point of beginning being a point on a road easement, as described in Book 265, page 633, Records of the Pitkin County Clerk and Recorder, providing access to Brush Creek County Road;) Thence 9.94 feet along a curve to the a radius of 47.27 feet and a chord that bears 9.94 feet; right having N. 38°08'06'' E. Thence 45.88 feet along a curve to the left having a radius of 48.27 feet and a chord that bears N. 16o56'44'' E. 44.18 feet; Thence N. 10°16'56'' W. 135.72 feet; Thence 119.62 feet along a curve to the right having a radius of 608.99 feet and a chord that bears N. 4°39'19" W. 119.42 feet; Thence N. 0°58'18" E. 118~69 feet; Thence 58.20 feet along a curve to the radius of 53.62 feet and a chord that bears N. 55.50 feet. right having a 32°08'10'' E. Page: 6 o¢ 6 03/02/2004 20:07 S[LV:~ D~V[S PTTK;[N COUA~?v CO R 0.00 D 0.00