HomeMy WebLinkAboutC87-205 SIA with Cordillera Subdivision, Filings 1 and 2Ji�'H1jgETTE iDHILL C87-205-28 7 E3 v g uLE 0TY. RECORDEF SUBDIVISION AND OFF-SITE IMPROVEMENTS AGREEMENT CORDILLERA SUBDIVISION, FILINGS 1 AND 2 THIS AGREEMENT, made and entered into this day of September, 1987, by and between Kensington Land Invest- ment Partners, hereinafter referred to as the "Subdivider", and the Board of County Commissioners of the County of Eagle, State of Colorado, hereinafter referred to as the "County". C� WITNESSETH: WHEREAS, the Subdivider, as a condition of approval of the final plat of Filings 1 and 2 of the Cordillera Subdi- vision, hereinafter referred to as "the Subdivision," wishes to enter into a subdivision improvements agreement as provided for by Section 30-28-137, C.R.S.; and WHEREAS, pursuant to the same authority, the Subdi- vider is obligated to provide security or collateral suffi- cient in the judgment of the Board of County Commissioners to make reasonable provisions for completion of certain public il- improvements set forth in the documents listed in Exhibit A Cattached hereto and incorporated herein by this reference; and WHEREAS, the Subdivision consists of Filing One (one lot) and Filing 2 (53 lots) which will not be offered for sale to the public until all water, sewer, electricity and access necessary to service such lot has been completed in accordance with engineering plans to be approved by the County. WHEREAS, pursuant to Section 2.20 of the Land Use Regulations of Eagle County, Colorado, 1982, as amended, when a proposed subdivision is located in an area serviced by an existing County road and the County determines that the traffic generated by such development will result in safety hazards for vehicle drivers, pedestrians and/or adjacent residents, or will result in substantially increased mainte- nance costs to the County, the County is empowered to charge a fee to upgrade said County road. WHEREAS, as a further condition of approval of the final plat of Filings 1 and 2, Cordillera Subdivision, the Subdivider is obligated to provide security and collateral sufficient in the judgment of the Board of County commission- ers to make reasonable provision for completion of those certain off-site road improvements referred to herein. NOW, THEREFORE, in consideration of the premises and the covenants and agreements herein contained to be kept and performed by the parties hereto, it is hereby understood and agreed as follows: 1. Subdivision Improvements. 1.2 For those subdivision improvements set forth in the documents listed in Exhibit A, the Subdivider shall retain an engineer whose duties shall include construction staking, observation of construction for conformance to the approved plans and specifica- tions; and materials sampling, testing and inspec- tion using the Colorado Department of Highways 1983 Materials Manual as a guide for frequency of sam- pling and testing. 1.2.1 Where applicable and by way of example only, the following is a highlighting of the construction staking that will be required of the Subdivider: 1. Roadway - horizontal and vertical control every 50 feet or every 25 feet in critical areas, specifically including: -slope staking -points of curvature -points of tangency -fillet radius points -culverts -transition points for super -elevation 1.1 The Subdivider hereby agrees, at its sole cost and expense, to furnish all equipment and material necessary to perform and complete prior to sale of any portion of Filings 1 and 2 of the Subdivision to any party, all public improvements as set forth in the documents listed in Exhibit A, in accordance with all final plat documents, construction draw- ings, designs, maps, specifications, sketches, and other materials submitted by the Subdivider prior to or at final plat approval and accepted by the County, and in accordance with all laws of the United States of America, State of Colorado, County of Eagle and its respective agencies and affected governmental entities. All said work shall be done to the reasonable satisfaction of the County Engin- eer and/or the County Department of Community Development, respectively, and shall not be deemed complete until approved and accepted as completed by the Board of County Commissioners. 1.2 For those subdivision improvements set forth in the documents listed in Exhibit A, the Subdivider shall retain an engineer whose duties shall include construction staking, observation of construction for conformance to the approved plans and specifica- tions; and materials sampling, testing and inspec- tion using the Colorado Department of Highways 1983 Materials Manual as a guide for frequency of sam- pling and testing. 1.2.1 Where applicable and by way of example only, the following is a highlighting of the construction staking that will be required of the Subdivider: 1. Roadway - horizontal and vertical control every 50 feet or every 25 feet in critical areas, specifically including: -slope staking -points of curvature -points of tangency -fillet radius points -culverts -transition points for super -elevation -finished sub -grade -finished gravel -centerline for guidance of asphalt paver 2. Water and Other Utilities - horizontal and vertical control every 100 feet; or every 50 feet in critical areas. 1.2.2 Where applicable and by way of example only, the following is a highlighting of the testing that will be required of the Subdivider: 1. Utility trench backfill under roadway prisms - one density test per 200 C.Y. of backfill. This will require daily visits to the site by a testing laboratory when utilities are being backfilled within the roadway prism. This testing shall be accomplished whether the trench is for water, gas, electric, telephone or cable T.V. 2. Embankments for roadways - one density test C� per 2,000 C.Y. of embankment(s). C 3. Finished sub -grade - one density test per 1,000 lineal feet of roadway. 4. Aggregate base course - one in-place density, gradation and Atterberg Limits test per 1,000 tons of aggregate base course. 5. Hot Bituminous Pavement - 2 asphalt content, gradation and in-place density tests per day's production. 1.2.3 Witnessing of Water Laterals to Lot Lines. - It is essential that the ends of these laterals be witnessed by the Subdivider's engineer as a minimum to three divergent substantially permanent points, or by precision surveying methods, and a permanent record made of the same. Copies of these records are required to be furnished to the Eagle County Engineer prior to acceptance of the subdivision improvements by the County. In addition to witness- ing of the horizontal location of these laterals, a surveyed vertical witness shall be required. Horizontal divergent witnessing shall be to property corners, fire hydrants, manholes, and other "perma- nent" features. Surveyed vertical witnessing shall be based on depth below ground and elevation based on a datum used for the subdivision. Bench marks shall be shown on witness records. -3- 1.2.4 All test reports shall be consecutively numbered with copies furnished directly to the Eagle County Engineer from the laboratory as they are reported to the Subdivider or its engineer. 1.3 To secure and guarantee performance of its obligations as set forth in this Agreement, includ- ing the completion of those certain subdivision improvements set forth in the documents listed in Exhibit A and the off-site improvements provided for in Section 3, the Subdivider hereby agrees to include on its final subdivision plat for Filings 1 and 2, a statement prohibiting transfer of all or any part of Filings 1 and 2 until the County has confirmed in writing that such obligations have been fulfilled, such approval not to be unreasonably withheld. Such statement shall be in substantially the form set forth in Exhibit B attached hereto. 3.1 The Subdivider hereby agrees, at its sole cost and expense, to furnish all equipment and material necessary to perform and complete all off-site improvements as set forth in Exhibit C, in accor- dance with all final plat documents, construction drawings, designs, maps, specifications, sketches, and other materials submitted by the Subdivider prior to or at a final plat approval and accepted by the County, and in accordance with all laws of the United States of America, State of Colorado, County of Eagle and its respective agencies and affected governmental entities. Such performance shall include acquisition of all necessary right-of-way, either directly or as set forth in Section 3.6.5. The exact location of the right-of-way for the -4- Should the Subdivider wish to remove this plat restriction prior to completion of its obligations, 0 the County shall determine the appropriate amount of O collateral, and Subdivider shall substitute for the plat restriction either cash security or a letter of credit in a form acceptable to the County, and drawn on a bank acceptable to the County. 2. School Land Dedication. The Subdivider agrees to deliver to the County at the time of the signing of this Agreement, cash in lieu of a school land dedication in the amount of Four Thousand Two Hundred Sixty -Five Dollars and Ninety -Nine Cents ($4,265.99). 3. Off-site Road Improvements. 3.1 The Subdivider hereby agrees, at its sole cost and expense, to furnish all equipment and material necessary to perform and complete all off-site improvements as set forth in Exhibit C, in accor- dance with all final plat documents, construction drawings, designs, maps, specifications, sketches, and other materials submitted by the Subdivider prior to or at a final plat approval and accepted by the County, and in accordance with all laws of the United States of America, State of Colorado, County of Eagle and its respective agencies and affected governmental entities. Such performance shall include acquisition of all necessary right-of-way, either directly or as set forth in Section 3.6.5. The exact location of the right-of-way for the -4- C� C proposed off-site improvements shall be negotiated between the developer and the Board of County Commissioners; in case of the failure of the parties to agree, the Board of County Commissioners shall determine the location of the right-of-way. All work, except paving, shall be completed prior to October 1, 1992. Required paving shall be completed prior to issuance of the 31st building permit in the Subdivision, or within five years from the date of this Agreement, whichever occurs first. All said work shall be done to the reasonable satisfaction of the County Engineer and/or the County Department of Community Development, and shall not be deemed complete until approved and accepted as completed by the Board of County Commis- sioners. 3.2 For those off-site road improvements set forth in Exhibit C, the Subdivider shall retain an engin- eer whose duties shall include construction staking, observation of construction for conformance to the 'r4 approved plans and specifications; and materials O sampling, testing and inspection using the Colorado Department of Highways 1983 Materials Manual as a C guide for frequency of sampling and testing. Construction staking requirements established in § 1.2.1 hereinabove and testing requirements established in § 1.2.2 hereinabove shall be applied to the off-site road improvements. Test results shall be consecutively numbered with copies fur- nished directly to the Eagle County Engineer from the laboratory as they are reported to the Subdiv- ider or its engineer. 3.3 Subdivider shall provide County Engineer with a right-of-way map for Squaw Creek Road, suitable for filing with the clerk and recorder, as soon as the right-of-way is obtained. 3.4 Subdivider shall provide the County with design for acceleration and deceleration lanes in compli- ance with the Colorado Department of Highways Access Code for the Intersection of highway 6 and Squaw Creek Road. The design shall be provided to the County at the same time as the right-of-way map is provided. 3.5 To secure and guarantee performance of its obligations as set forth in this Section 3, includ- ing the completion of those certain off-site road -5- improvements set forth in Exhibit C, the Subdivider hereby agrees to include on its final subdivision plat for Filings 1 and 2, a statement prohibiting transfer of all or any part of Filings 1 and 2 until the County has confirmed in writing that such obligations have been fulfilled, such approval not to be unreasonably withheld. Such statement shall be in substantially the form set forth in Exhibit B attached hereto. 3.6 As each phase of the off-site improvements is planned, the Subdivider shall furnish to the County an engineer's estimate of the cost of completion and the time frame for the work. Based upon said estimates, the County shall determine: 3.6.1 The amount of collateral required. Said collateral shall be for the sole purpose of complet- ing any off-site improvements so that should the Subdivider cease work the County has sufficient sums to ensure that phase of the off-site improvements is completed. Collateral is to be in cash or letter of credit. Letters of credit shall be in a form satisfactory to the County Attorney and drawn on a Colorado Bank. 3.6.2 In addition to collateral for each phase of the project, the Subdivider shall provide to the County a Materials and Payment Bond to ensure that all contractors, suppliers and materialsmen are paid. Such bonds shall conform with the require- ments of Title 38, Article 26, Colorado Revised Statutes. Subdivider shall also retain funds from all contractors employed for off-site improvements as required by said Article, and further shall coordinate with the County Attorney to ensure proper Notice of Final Settlement and Retention of Funds as required. 3.6.3 Subdivider shall indemnify and hold the County harmless from any and all claims made against the County by any contractor or subcontractor employed in said off-site improvements, or on account of any other claims against the County because of the activities of said contractors or subcontractors. The indemnification and hold harmless provision shall include any legal expenses or costs incurred by the County. 3.6.4 The Subdivider shall secure from any contrac- tor employed in said off-site improvements a Certif- icate of Insurance providing for liability protection in the minimum amount of $150,000 per individual and $500,000 per occurrence, naming the Board of County Commissioners of Eagle County, Colorado, as additionally named insured. The Subdivider, if it serves as the Contractor for the off-site improvements, shall provide insurance in the same form and amounts as required of the general contractor. 3.6.5 It shall be the responsibility of the Subdi- vider to secure any and all necessary land rights- of-way or easements for the construction of the required off-site improvements, and to have them deeded to the County. Should developer be unable to secure the necessary lands, rights-of-way or ease- ments for the off-site improvements required by this agreement, the Subdivider: 1. Shall schedule a meeting with the Board of County Commissioners to discuss the Subdivider's inability to secure such M property, and should the Board determine that such property is required, it shall assist the developer in fulfilling its obligations under this contract, by using its power of eminent domain. 2. The Subdivider shall secure after consultation with the County Attorney, an appropriate appraiser to conduct the appraisal of the property. 3. After an appraisal, a good -faith offer in conformance with the statute shall be made to the owner of the property. 4. If the offer of the County is not accepted, the County shall proceed to condemn the property. S. All expenses of said condemnation, including all legal and attorneys' fees, costs, appraisal fees, and incidental expenses, shall be paid as they are due by the Subdivider, it being understood that the condemnation proceeding may be prose- cuted by the County Attorney or Special Counsel retained by the Board of County Commissioners. The Subdivider shall further pay any deposit necessary for the County to secure immediate possession as well as the final award to the owner. -7- C; 6. The County agrees to diligently and timely pursue said condemnation in accord with the requirements of this Agreement. 4. General Provisions. 4.2. The Subdivider may at any time substitute the collateral originally deposited with the County herein, for another form of collateral acceptable to the County to guarantee the faithful completion of those subdivision and off-site improvements referred to herein and the performance of the terms of this Agreement. At the time of substitution of collateral an inflationary and/or deflationary factor based upon the Denver -Boulder, Colorado Consumer Price Index for All Urban Consumers, All Items (1967=100) published by the U.S. Bureau of Labor Statistics, 303-837-2467, or, alternatively, an approved construction cost index shall be used to determine an adjusted estimated cost for both subdivision and off-site improvements as described herein, and collateral shall be submitted by the Subdivider in accordance therewith. 4.3 There shall be a two-year correction period, or such longer period as may be prescribed by law, from 4.1. The County shall not nor shall any officer or employee thereof, be liable or responsible for any accident, loss or damage happening or occurring to the subdivision improvements specified in this Agreement prior to the completion and acceptance of the same, nor shall the County, nor any officer or employee thereof, be liable for any persons or property injured or damaged by reason of the nature of said work on the subdivision improvements, but all of said liabilities shall be and are hereby assumed by the Subdivider. The Subdivider hereby agrees to indemnify and hold harmless the County and any of its officers, agents, and employees against any losses, claims, damages or liabilities to which the County or any of its officers, agents, or employees may become subject to, insofar as any such C losses, claims, damages or liabilities (or actions in respect thereof) that arise out of or are based upon any performance by the Subdivider hereunder; and the Subdivider shall reimburse the County for any and all legal and other expenses incurred by the County in connection with investigating or defending any such loss, claim, damage, liability or action. This indemnity provision shall be in addition to any other liability which the Subdivider may have. 4.2. The Subdivider may at any time substitute the collateral originally deposited with the County herein, for another form of collateral acceptable to the County to guarantee the faithful completion of those subdivision and off-site improvements referred to herein and the performance of the terms of this Agreement. At the time of substitution of collateral an inflationary and/or deflationary factor based upon the Denver -Boulder, Colorado Consumer Price Index for All Urban Consumers, All Items (1967=100) published by the U.S. Bureau of Labor Statistics, 303-837-2467, or, alternatively, an approved construction cost index shall be used to determine an adjusted estimated cost for both subdivision and off-site improvements as described herein, and collateral shall be submitted by the Subdivider in accordance therewith. 4.3 There shall be a two-year correction period, or such longer period as may be prescribed by law, from 4.5 The parties hereto mutually agree that this Agreement may be amended from time to time, provided that such amendment be in writing and signed by all parties hereto. 4.6 This Agreement shall be enforceable against the Subdivider, provided, however, that in the event the Subdivider sells or transfers all or part of the subject Subdivision, the obligations of the Subdiv- ider under this Agreement as to that portion of the subject Subdivision may be assumed by the purchaser of the parcel, and the Subdivider shall have no further obligations hereunder. It is agreed, however, that no such assumption of these obliga- tions shall be effective unless the Board of County Commissioners gives its prior approval to such assumption following an investigation of the finan- cial condition of the purchaser. The Subdivider shall not otherwise assign, transfer, convey, pledge or otherwise dispose of this Agreement without prior written consent of the County, which consent shall not be unreasonably withheld. 4.7 This Agreement shall inure to the benefit of and be binding upon the parties hereto, their respective successors and assigns. IM the time of completion of the Subdivision improve- ments and off-site improvements (such time being determined by formal hearing and action by the Board of County Commissioners) during which time the Subdivider shall promptly correct or remove and replace, in accordance with the County's written instructions, defective work or materials and consequences thereof. Repair or replacement made under the two-year correction period shall bear an additional one-year correction period from the acceptance of the repair or replacement by the Eagle County Engineer. The work shall be collateralized during the correction period in an amount and type of collateral as shall be reasonably determined by the County. The work shall be inspected, at the request of the Subdivider, approximately 60 days prior to expiration of the two-year correction period and any deficiencies shall be noted to the Subdivider. 4 M 4.4 The County agrees to the approval of the final plat of the Subdivision, subject to the terms and `"' conditions of this Agreement. 4.5 The parties hereto mutually agree that this Agreement may be amended from time to time, provided that such amendment be in writing and signed by all parties hereto. 4.6 This Agreement shall be enforceable against the Subdivider, provided, however, that in the event the Subdivider sells or transfers all or part of the subject Subdivision, the obligations of the Subdiv- ider under this Agreement as to that portion of the subject Subdivision may be assumed by the purchaser of the parcel, and the Subdivider shall have no further obligations hereunder. It is agreed, however, that no such assumption of these obliga- tions shall be effective unless the Board of County Commissioners gives its prior approval to such assumption following an investigation of the finan- cial condition of the purchaser. The Subdivider shall not otherwise assign, transfer, convey, pledge or otherwise dispose of this Agreement without prior written consent of the County, which consent shall not be unreasonably withheld. 4.7 This Agreement shall inure to the benefit of and be binding upon the parties hereto, their respective successors and assigns. IM 4.8 It is further agreed and understood that at all times prior to the completion and acceptance of the subdivision and off-site improvements set forth herein by the County, each of said improvements not accepted as improved shall be under the sole respon- sibility and charge of the Subdivider. When it is necessary to allow the general public to utilize the roadways under construction by the Subdivider, traffic control and warning devices shall be placed upon such roadways by the Subdivider in accordance with the Manual on Uniform Traffic Control Devices for Streets and Highways as prepared by the U.S. Department of Transportation, Federal Highway Administration. IN WITNESS WHEREOF, the p rties hereto have executed this Agreement this day of 1987• COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its ISI T• BOARD OF COUNTY COMMISSIONERS Xerk of the Board o ounty Commissioners (Notary on following page.) IP V SUBDIVIDER: KENSINGTON LAND INVESTMENT COMPANY A By. 'irrt t P, �Ltf William L. Clinkenbeard, ' General Partner Address: P.O. Box 986 Edwards, CO 81632 -10- STATE OF COLORADO j SS County of The foXeg ing was acknowledged before me this g day of 1987, by William L. Clinkenbeard, as General Part er of Kensington Land Investment Partners. WITNESS MY HAND AND OFFICIAL SEAL. rip/ My commission expires % 2Lx� Notary Public -11- EXHIBIT A 0 CORDILLERA SUBDIVISION IMPROVEMENT AGREEMENT Number of Sheets -Cordillera Blvd. - Plan/Profile 1-6 & 12 of 12 -Utility Schematics 1-5 of 5 -Water Line Detail Sheet 1 C -Water Line Sheets (Wells to C Cordillera Blvd.) 4 of 4 9 . ^ ` �� �v ^ Exhibit B OW No lot in this filing may be conveyed until the Developer has either a) performed all of its obligations under a Subdivison. Improvement Agreements dated September10 1987, between the Developer and the Board of County Commissioners of Eagle County, or b) provided collateral to secure the performance of such obligations. The recording of an instrument signed by a representative of the Eagle County Department of Community Development or County Engineering stating that such obligations have been completed or such collateral has been provided shall be conclusive evidence that the facts stated therein are correct and that lots in this filing may be legally conveyed to any party. EXHIBIT 8 AdMglMk Johnson, Kunkel & Associates, Inc. LAND SURVEYING • CIVIL ENGINEERING • MAPPING P.O. Box 409.113 East 4th Street- Eagle, Colorado 81631 4915 East 52nd Avenue -Commerce City, Colorado 80022 --SQUAW CREEK ROAD ESTIMATE STATION 0+00 to 106-+00 August 18, 1987/Rev. 9/28/87 By. TT, JSK Description i. Earthwork: 2. Blasting 3. Fine Grade 4. Aggregate Rase 5. Asphalt 6. Fence 7. Signs 8. Culvert 18" 2411 '0 it 4.8 11 54" 60" 9. Testing, staking, Insp. 10. Revegetation Grand Total Eagle: (303) 328-6368 Metro: (303) 287-0835 Oty Unit Unit Cost Total 135, 900 cu yds 1.00 135,900 L.S. 30,0011 .7,100 sq yds .50 18,550 19,199 tons 6.00 115,194 A.,438. tons 55.00 155,330 10,600 +t 1.25 13,250 11 each 80.00 880 160 ft 9.60 1,536 120 ft 10.92 1,310 220 ft 15.00 3,300 80 ft 28.70 27296 80 ft 36.00 2,880 160 ft 43.00 61880 L.S. 50,000 7.8 acre 2000 15,574 552,880 EXHIBIT C - Page 1 g PHASING PLAN SQUAW CREEK ROAD Year No. 1 - Acquire right-of-way from adjoining owners. Year No. 2 - Rough grading and realignment of curve at Shepard's (Station 60+00 to Station 65+00) and widening from Cordillera entrance to Melohn property (Station 88+00 to Station 107+00). Complete engineering for acceleration, deceleration lanes at the intersection of U.S. Highway 6 and 24 and Squaw Creek Road. Year No. 3 - Complete realignment and regrading to final design for entire road from U.S. Highway No. 6 to Cordillera entrance. Provide gravel as needed. G Year No. 5 - or after building permits have been issued - plaee as pavement as required by CBR test to be completed after rough cut of the road. n �`` _ --P OLMm�r4 �1 t rQ'aL ('L. ' ! �Mci � "pha.I� p a v -V 4 EXHIBIT C - Page 2