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HomeMy WebLinkAboutbocc.con.009.2005CO NTRAGT RIVER RIDGE IN WOODY CREEK SUBDMSION/PUD SUBDIVISION IMPROVEMENTS~ DEVELOPMENT AND VESTED PROPERTY RIGHTS AGREEMENT GREEMENT, made and entered into this~day of ~c6~ ,2007, by and between JAMES H. COLLINS (hereinafter referred to as "Owner") and THE BOARD OF COUNTY COMMISSIONERS of the County of Pitkin, Colorado, as the governing body of Pitkin County, Colorado (hereafter referred to as "County"). WITNESSETH WHEREAS, Owner has submitted to the County for approval, execution and recording a final plat of RIVER RIDGE IN WOODY CREEK SUBDIVISION/PUD (hereinafter "Subdivision"), which plat has been filed for record in the real property records of P/tkin County, Colorado, on the a~q~ day of fV~o,~ c~ , 2005 in Plat Book ~ at Pages ~ (hereinafter referred to as "Plat"). The Subdivision consists of three lots, to wit: Lot 1, Lot 2 and Lot 3 (the "Lots"); and WHEREAS, the County has fully considered the Plat and is willing to grant approval of and execute the same upon Owner's agreement to the obligations herein, all as required by the Pitkin County Land Use Code; and WHEREAS, the Owner is willing to accept these obligations and to enter into this Agreement with the County to provide for the same; NOW, THEREFORE, in consideration of the mutual covenants herein contained, the parties hereto stipulate and agree as follows. 1. Water System. The owner of each Lot shall ennstmct its own individual water well, water lines and fire water storage facilities and any hydrant connection thereto necessaryto serve its lot. These requirements are not applicable to Lot 3. The construction plans for each water system shall be approved by the Environmental Health Department prior to commencement of construction. 2. Construction of Private Roads. Owner agrees to construct the private driveway identified on the Plat as a "30.0' Access & Utility Easement," referred to herein as the "Common Driveway" in conformance with Pi&in County Road Standards and Specifications for a driveway and shall have a minimum of a twenty (20) foot wide graveled surface and a minimum fourteen,(14) foot driving width and located in the easements therefore shown on the Plat which meet ~!~lgin County Driveway standards. Nothing herein shall prohibit said Common Driveway to have ~'p seal or better surface at the discretion of Owner or of the owners of Lots. Until such time as and-seal surface ~s lind and after the first residence is constructed on Lots 1 or 2, the Con~n SILVIf~ DRVI$ pITKIN COUNTY ¢0 R ~t.ee e e.eO Driveway shall be t~ated with a dust contmllant. The ownam of constructed residences on Lots l and 2 shall pay for the cost of the dust suppressant applications. 2.1 In areas outside the constxucted driveway and utilities disturbed by constroction of the Common Driveway and utilities, topsoil shall be stripped and stockpiled. Areas disturbed by such construction shall have topsoil placed to a depth of six inches and shall be revegetated. All such disturbed areas shall be revegetated before the construction season's winter snows. Until native vegetation is reestablished, riprap aprons shall be created at the outlets of all culverts to avoid localized erosion and to disperse flows. Ditch crossings shall be culverted or bridged. The costs of constructing and graveling the Common Driveway is included on Exhibit A. 3. Electric Service. Owner agrees to install or guarantees installation of electric power lines and transformers to provide electric service to each ofLots 1 and2. Ncwpowerlinesshallbe underground. Power lines, transformers and thc installation of same shall conform to the requirements and specifications provided Owner by Holy Cross Electric Association. 4. Telephone Service. Owner agrees to install or guarantees installation of distribution cable and feeder facilities including pedestals to provide telephone service to Lots 1 and 2. New telephone lines shall be underground. Telephone lines, pedestals and the installation of the same shall conform to the requirements and specificatious provided Owner by Qwest Communications. If Owner is obligated to bond for telephone service as set forth within the financial assurances provided for in Section 14 and Exhibit A herein such bond obligation shall be deleted if the customer service policy or service contract of Qwest Communications provide for installation of distribution cable and feeder facilities to Lots 1 and 2 at the cost of the telephone company. 5. Gas Service. Owner agrees to install or guarantees installation of natural gas lines to provide such service to Lots 1 and 2. New gas lines shall be underground, except certain gas faeilifias may be required by Kinder-Morgan Energy Company to be located above ground. Gas lines, meters, valves and pumping facilities and the installation of same shall conform to the requirements and specifieafious provided Owner by Kinder-Morgan Energy Company. 6. Cable T.V. At the preseat time there is no cable television service to the Subdivision. At such time as such service becomes available, each Lot owner may extend such service to its Lot along platted utility casements. 7. Fire Protection. A pond located within the Subdivision on Lot 3 will be available to the Fire District through the grant of an easement identified on the Plat. Each residence constructed on Lots 1 and 2 shall have interior fire sprinklers, a security system with fire detectors and a 4000 gallon water storage tank. The owners of Lots 1 and 2 shall be responsible for construction of such facilities as a requirement to each of their certificates of occupancy. 8. Landscaping. A landscaping plan approved by the BOCC is attached to the Combined Detailed Submission/Final Plat Application for the Subdivision at Figure 2. The estimated costs for such implementation are shown on Exhibit A. The landscaping plan calls for the Page: 3 of 12 $ILVIA O~VIS PITKIN COUNTY CO R 61.00 D 0.00 instailation of one-hundred trees on Lots 1 and 2. Thirty trees shall be installed on Lot 1 and seventy trees shall be installed on LOt 2. The trees required for each lot shall be installed not later than the date of issuance of a certificate of occupancy for each lot respectively. 9. Affordable Housing. Owner has acquired a throe (3) bedroom condominimn as a buy- down unit. This unit has been inspected and approved by the Aspen/Pitkin County Housing Authority ("APCHA") to satisfy the Applicant's affordable obligations. This unit will be deed restricted as a Category Four (4) sale unit. The specific terms of the deed restriction is set forth in a separate agreement between Owner and APCHA recorded of even date herewith. 10. Floor Area. Each of Lots 1 and 2 shall be allowed 5,750 square feet of floor area. Additional square footage may be pursued through GMQS competition or the use of transferable development rights ("TDRs") or any other available process under the Pitkin County Land Use Code. The total floor area for residenens and any barns or agricoltural buildings allowed collectively on both Lots I and 2 shall be limited to 22,500 square feet. This floor area shall be allocated between Lots 1 & 2 either on the Final Plat or at the time of sale oftbe first of Lots 1 or 2 and memorialized in a recorded document acceptable to the County. In no event shall the floor area contained in a residanee on Lot 1 exened 8,250 square feet nor shall the floor area contained in a residenea on LOt 2 exceed 11,250 square feet. Floor area in excess of 8,250 square feet attributable to a residence on Lot 1 or 11,250 square feet attributable to a residence on Lot 2 may be attributed to an agricultural building or barn structure, and may be constmeted on either LOt I or Lot 2, provided that total floor area for a residence and a barn or agricottural building on either LOt 1 or LOt 2 shall not exceed 15,000 square feet. For example, if Lot 2 built 11,250 square feet of floor area in a residence, it could have up to 3,750 square feet of floor area for a barn or agricultural building. In such case, Lot t would have a total of 7,500 square feet of floor area available (11,250 + 3,750 -- 15,000 maximum on LOt 2, subtracted fxom 22,500 square foot maximum for beth lots = 7,500 square feet of floor area available for all uses on Lot 1. LOt 3 shall be allowed 5,750 square feet of growth management exempt residential floor area by right as the fathering parcel. Additional floor area may be pursued through GMQS competition or the use of TDR's or any other available process under the Pitkin County Land Use Code. Additional barn floor area may be allowed pursuant to regulations in effect at the time of building permit for such barn. 11. PlannedUnit Development Variations. The Plat identifies lot sizes, lot dimensions and setbacks, which have been determined through the PUD review process under the provisions of the Pitkin County Land Use Code and which may vary from the provisions of the zone dislxict regulations applicable to the Property. In the event of any ineousisteney between such zone district regulations and the Plat, the Plat shall be given paramount effect. 12. Nature and Estimated Cost of Improvemenm. Owner shall be responsible for construction and iustallafion o f all public improvements required herennder. The nature, extent and estimated cost of such improvements are set forth on the schedule attached hereto as Exhibit A and Page: 4 of 1-~ 03/09/2005 !1:431 SILVI~ DAVIS PITKIN COUNTY CO R 61.00 D 0,00 incorporated herein by this reference. In thc event thc cost of thc contemplated improvements exceeds those estimated on Exhibit A, Owner shall be solely responsible for the higher cost thereof. 13. Construction Schedule. The Subdivision and improvements provided for in this Agreement may be developed and completed in phases provided, however, a building permit for construction of a residential dwelling on a particular Lot in the Subdivision shall not be issued until the construction by Owner or the owner of Lot I or Lot 2, as applicable, of its required road access, water, electric and telephone services as described herein have been commenced for such lot and the collateral security (,Collateral Security") described in Section 14 below has been approved and accepted by the County Attorney. At the time of submitting the Collateral Security to secure the construction of public improvements, Owner or the owner of Lot I or LOt 2, as applicable, shall submit a construction schedule indicating the estimated timing of the completion of said improvements, either for the entire Subdivision or for a portion of the Lots in a phase. 14. Financial Assurances. Owner's performance of the obligations described on Exhibit A herein shall be secured by collateral sufficient to make reasonable provision for the completion of said improvements in accordance with the construction schedule and specifications therefor in the form of Collateral Security. The Collateral Security shall be documented in a manner acceptable to the County Attorney. In order to secure Owner's performance under this Agreement, Owner hereby restricts those LOts, the costs of the public improvements for which have not been secured as required hereby, against conveyance or transfer and no transfer of said LOts shall be permitted or building pctafit issued for a residence on any such Lots until such time as the Collateral Security is provided to pitlrin County in a form acceptable to the County Attorney. The County may withhold execution of the Plat until such Collateral Security is provided. The Collateral Security shall be equal in value to the cost of the public improvements not yet completed which are necessary to serve said Lot(s) described herein and in conformance with Exhibit A. Upon the acceptance of the Collateral Security by the County Attorney, said Lot(s) may be conveyed and building permit(s) therefore may issue. 14.1 As portions ofthe public improvements are completed, tbe County shall inspect them; and, on approval and acceptance of such improvements by the County, the County Attorney shall authorize the release of that amount of the security equal to the cost of that portion of the improvements completed provided, however, ten percent of the cost of the improvements completed shall be retained until all public improvements provided for the applicable phase of the Subdivision are completed and approved by the County. 14.2 Owner shall perform its obligations to construct the public improvements provided forin this Agreement in substantial compliance with the construction schedule, frOwner fails to complete the improvements in accordance therewith, Owner shall be given 90 days' written notice from the Board of County Commissioners in which to complete the improvements. If Owner -4- Page: 5 of 12 03/eg/20e5 11:431 SILVIA DAVIS PITKIN COUNTY CO R 61.00 D 0.00 fails to complete the improvements within the 90-day period, the Board of County Commissioners, upon 30 days' written notice to Owner, shall have the unconditional right to draw upon the Collateral Security, as posted, to pay for improvements to be completed by the County or pay any outstanding bills for any work already completed by any party with the Owner having the right to bond over any outstanding liens on the property. Final payment for any improvements completed by the County shall be made only after same have been inspected and accepted by the County. NoWdthstsnding, during the 90-daynotice period set forth above, Owner may submit an updated construction schedule and Collateral Security to complete any outstanding improvements for review and acceptance in good faith by the County Attorney. Acceptance of the updated construction schedule and Collateral Security shall be at the reasonable discretion of the County. 14.3 In the event the Owner defaults hereunder and the County, by withdrawal of funds, performs the obligations of the Owner hereunder, the County, in good faith, shall be obligated to complete the improvements in an economically efficient manner as is practicable, provided, however, if County does not with&aw said funds, nothing herein shall be deemed to require the County to perform the obligations of Owner. The County may require a default fee as set foah in Exhibit A to cover the Counts administrative cost of completing the improvements in the event the Owner defaults hereunder. County shall also have remedies for a breach of this Agreement by Owner allowable at equity or at law, including, without limitation, the revocation of permits and approvals which have not vested, provided, however, no such revocation shall occur without the Owner or person whos6 permits or approvals are to be revoked first having been given not less than a thirty (30) day notice and an opportunity for a hearing with the Board of County Commi.~sinners to determine whether or not a breach has occmred and to permit said person to cure the breach within a reasonable time under the circumstances. 15. Bulk Sale. In the event Owner does not develop the Subdivision or market the individual Lots, Owner may sell all the Lots in bulk in the Subdivision to a third party who shall develop the Subdivision, or portions thereof, including the construction of the public improvements contemplated hereunder, in accordance with and subject to the provisions of this Agreement. Upon such a bulk sale to a third party, Owner shall be automatically released of all liability and obligations under the terms of this Agreement and the new owner shall be subject to all the provisions hereof. 16. Execution of Final Plat. Owner's obligations to construct the improvements contemplated hereunder are expressly contingent on the County's approving and executing the Plat and the recordation of the same in the office of the Clerk and Recorder of Pitkln County, Colorado. 17. Vested Property Rights. The Plat and the Ordinance granting final PUD and Subdivision approvals for the Subdivision, including the lots, building envelopes, setbacks and floor area established thereunder and as set forth in this Agreement, constitute a Site Specific Development Plan pursuant to § 24-68-101, et. seq., C.R.S., and the Subdivision and each of its LOts -5- shall be vested against any changes in the Pitkin County Land Use Code, Subdivision Regulations, PUD Regulations or Zoning Regulations, as well as the approvals granted by the BOCC for the Subdivision, including, without limitation, the Plat and this Agreement for a period of five years from June 23, 2004, thereby expiring on June 23, 2009. Such vesting shall apply to all the rights and entitlements set forth in this Agreement and the Plat and other agreements and documents executed in connection with Subdivision and consistent with Colorado Statutes. 18. Covenants Running With Land. All covenants, restrictions, condition~ and obligations herein contained are covenants running with the land and shall attach and bind and inure to the benefit of the Owner and County, their respective grantees, successors and assigns. 19. Captions. Titles or captions of paragraphs contained in this Agreement are inserted only as a matter of convenience and for reference and in no way define, limit, extend or describe the scope of thi~ Subdivision Improvements Agreement or the intent of any portions hereof. 20. Entire Agreement. This Subdivision Improvements Agreement constitutes the full and complete agreement of the parties hereto and may not be modified except by a written agreement signed by the parties. 21. Notice. Any notice, communication, request, reply or advice (hereinafter severally and collectively, for convenience, called Notice) in this Agreement provided or permitted to be given, made or accepted by either party to the other party must be in writing and may, unless otherwise in the Agreement expressly provided, be given or be served by depositing the same in the United States mail, postage prepaid and registered or certified and addressed to the party to be notified, with remm receipt requested, or by delivering the same to an officer or agent of such party or by postage prepaid telegram, when appropriate, addressed to the party to be notified. Notice deposited in the mail in the manner hereinabove described shall be effective from and after the expiration of three days after it is so deposited. Notice given in any other manner shall be effective only if and when received by the party to be notified. For purposes of notice, the addresses of the parties shall, until changed as hereinafter provided, be as follows: P1TKIN COUNTY The Board of County Commissioners c/o Pitkin County Manager Pitkin County Courthouse 506 East Main Street Aspen, Colorado 81611 OWNER JAMES H. COLLINS -6- 03/09/2005 ~ :431 SZLVZ~ D~VI$ PITKIN COUNTY CO ~ ~z.ee o e.ee P.O. Box 369 Wood~ Creek, Colorado 8]656 However, the parties hereto shall have the right from time to time to change their respective addresses, and each shall have the right to specify as its address any other address within the United States of America by at least five days' written notice to the other party. Developm?t'A~9~meI Clerk .~.~daOF, the parties have executed this Subdivision Improvements and y and year first written above. THE BOARD OF COUNTY COMMISSIONERS OF PITKIN COUNTY, COLORADO Chairperson v ~ o~, ~c APPROVED AS TO FORM: By Coun~'~Y -7- 507713 Page; 8 of ~2 e3/og/20es ~z :43~ 61.00 D e.ee STATE OF Colorado ) SS. COUNTY OF Pitkin // Subscribed and sworn to before me this ~'~day of ]~]~/l)/, 2005, by · J~"A-~ ~./A._/A~ as Chairperson of the Pitkin'County Board of Cour~ Commissioners. Witness my hand and official seal. My commission expires: .: DEAN t ,~ ,,' ;~;.;-~io~ Expi~ 12101/2005 STATE OF Colorado COUNTY OF Pitldn ) SS. Subscribed and sworn to before me this~JaJday of c~/~..t, ,2005, by James H. Collins Witness my hand and official seal My commission expires: Notary Publ'ic -8- SILVI~ DRVI$ PITKIN COUNTY CO R I~! 00 O 0 00 ' EXHIBIT A TO SUBDIVISION IMPROVEMENTS AGREEMENT Estimates of Costs for Improvements: 1. Landscaping - Trees Per West Canyon Tree Farm proposal attached at Exhibit A-1 $4,100.00 2. Gravel and Grading Driveways Per estimate attached at Exhibit A-2 $2,675.00 Total: $6,775.00 q Tzext Canyon Tree Farm, Inc. G!enwood Springs, CO 81601 (~7~ 9~4-2.c132 fax (PTO) 984 26.~9 WESTCANYON /¢/' PAGE 82 BIDNo. 03017-JCla '" Landscape.Proposal Jim Collins ~Date 3/12/2003 P.O, Box 3e9 (201 River Ridge Road) lO.or No, 03017-JCla Woody Creek Sta~te CO Zig' 81658 [Rep BW ph. (970) 923-3190 fax. (970) 923-3191 L$1te ,,Wo~,~y Creek r ~,~ Description Unit Price TOTAL PROPOSAL 03017JCla COTTONI;VOO D TREER: TREES Bt DELIVERY: 100 ~.0' ht./~ .25" cai. cont, Narrc~vleaf Cottonwood $41,00 $4,100.00 nOte: above includes trees & deli¢ery Note Quote only ,lnclud~ above Items ' Quote d°es notlnclude taxes SubTotal , ', ~ Shipping & Ha[~dli~g;''r $0,00, Taxes ' ' :.' ' '~'~. . $0.00 .,~TOTAL' ~'~' ': $4,100.00 Con~nent~: Estimate bnclude~ one year warrantee on ~aH~. ~'~e va~ ' ' - f~ 6 ~n~& ~e doer ,nOt ~dndt ~n~n~d~r~h ~Val ~d d~sal o~ ~ our ~n. ~, do~ not ~d~de fmat ~ng ~d ~ro~M~g pr~ ~a~agg, Gr~e ~ be r~ +- one ~. ~e ~ re~ubedfor~n~c~a~n. ~jobrea~n~re~ubedfor ~f there a~e any question# or commenty, plea.*e feel.~'ee to cai! . SILVIA DAVIS PITKZN COUNT? O0 R Sl.Oe O o.ee Exhibit A-2 to Subdivision Improvements A~reement Estimate of Costs to Grade and Gravel Driveways This estimate has been prepared by James H. Collins, the Owner. Mr. Collins has obtained unit costs from various subcontractors and affirms that the following estimate sets forth amounts which are sufficient to complete the work. Gravel: Length of road areas: 20' x 800' x 4" = 5,280 cu. ft. 196 cu. yds. ~ $6.00/cu.yd. = $1,175.00 track time: 15 hours ~$60.00/hr. Grading time: 4-hours ~ $150.00/hr. $ 900.00 $ 600.00 Total: $2,675.00 /? ',L ;(1 ,' ./