HomeMy WebLinkAboutC22-331 Edwards Riverfront Estates SIA_second amendmentSECOND AMENDMENT TO SUBDIVISION AND OFF-SITE IMPROVEMENTS AGREEMENT FOR THE EDWARDS RIVERFRONT ESTATES FINAL PLAT File No. PDF-9117 THIS SECOND AMENDMENT to the Subdivision and Off-Site Improvements Agreement for the Edwards Riverfront Estates Final Plat (hereinafter “Second Amendment”) is entered on _______________, by and between the Board of County Commissioners of the County of Eagle, State of Colorado (hereinafter “County”) and Kudel Development LLC, a Colorado limited liability company, whose mailing address is PO Box 516, Avon, CO 81620 (hereinafter “Subdivider”). WITNESSETH WHEREAS, Subdivider and County entered into a Subdivision and Off-Site Improvement Agreement for the Edwards Riverfront Estates Final Plat (hereinafter the “Original Agreement”) on May 18, 2021; and WHEREAS, Subdivider and County subsequently amended the Original Agreement on November 9, 2021 through the First Amendment to Subdivision and Off-Site Improvements Agreement for the Edwards Riverfront Estates Final Plat (hereinafter “First Amendment”); and WHEREAS, Section 1.5 of the Original Agreement, entitled “Date of Completion,” provides that “All Subdivision Improvements shall be completed prior to September 30, 2022. The construction schedule is attached hereto as Exhibit C”; and WHEREAS, Subdivider has requested and the Eagle County Engineering Department recommends an extension of the completion date currently set forth in the Original Agreement and ratified by the First Amendment; and WHEREAS, Section 4.5 of the Original Agreement provides that the Original Agreement may be amended or modified from time to time, provided that such amendment or modification be in writing and signed by all parties hereto; and WHEREAS, the Subdivider and County desire to amend the Original Agreement and the First Amendment to reflect a new completion date of May 5, 2023. AGREEMENT NOW THEREFORE, in consideration of the foregoing and the mutual rights and obligations as set forth below, the parties agree as follows: 1. Section 1.5 of the Agreement is hereby amended to read as follows: