TC Res. No. 2004-29 APPROVING AND ACCEPTING THE PUBLIC IMPROVEMENTSTOWN OF AVON, COLORADO
RESOLUTION NO. 04-29
Series of 2004
A RESOLUTION APPROVING AND ACCEPTING THE PUBLIC IMPROVEMENTS
INSTALLED AND CONSTRUCTED IN ACCORDANCE WITH SUBDIVISION
IMPROVEMENTS AGREEMENT FOR THE VILLAGE (AT AVON) FILING 2 AND
ESTABLISHING WARRANTY PERIOD FOR SAID IMPROVEMENTS
WHEREAS, the Town of Avon entered into a SUBDIVISION IMPROVEMENTS
AGREEMENT, dated April 23, 2002, with Buffalo Ridge Affordable Housing Corporation and
Buffalo Ridge II LLLP in connection with the approval of the Final Plat for The Village (at Avon)
Filing 2, Town of Avon, Eagle County, Colorado; and
WHEREAS, said Agreement established certain public improvements to be constructed in
conjunction with said subdivision; and
WHEREAS, said Agreement established requirements for the provision of security deposits to
assure completion of the improvements in accordance with the Agreement and the subsequent
release of the security deposits upon completion and the stipulated warranty period; and
WHEREAS, said public improvements were substantially complete as of July 27, 2004; and
WHEREAS, all required documentation for approval and acceptance of the improvements has
been submitted.
NOW, THEREFORE BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF
AVON, that:
1. The public improvements required to be constructed in conjunction with The Village
(at Avon) Filing 2 are substantially complete as of July 27, 2004, in accordance with the
SUBDIVISION IMPROVEMENTS AGREEMENT and the stipulated one-year warranty
period for said improvements shall extend to July 27, 2005.
2. The public improvements are hereby approved and accepted by the Town of Avon
with the exception of items of warranty work, which are identified during the warranty
period, which items shall have a warranty period, which extends for one year from the date
of satisfactory correction of the warranted item.
Resolution No. 04-29 Public Improvements V@A
Page I of 2
3. Effective July 27, 2004, the security deposit may be released and warranty work on
Subdivider's Improvements will be secured by a dual obligee bond in accordance with the
Subdivision Improvements Agreement.
ADOPTED THIS DAY OF , 2004.
,47i~ GFw
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Pa M envy,
Town Clerk
TOWN COUNCIL
TOWN OF AVON, COLORADO
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Albert D. Reynolds, May
Resolution No. 04-29 Public Improvements V@A
Page-2 of 2
V,
Memo
TO: Honorable Mayor and Town Council
Th ru : Larry Brooks, Town Manager
From: Norm Wood, Town Engineer
Date: July 19, 2004
Re: The Village (at Avon) Filing 2 - Public Improvements Acceptance
Resolution No. 04-29
Su m m a ry: • Resolution No. 04-29 approves and accepts the public improvements
installed in conformance with the Subdivision Improvements Agreement for The Village (at Avon)
Filing 2. These improvements generally, consist of extension of Swift Gulch Road, bike path, storm
drainage, debris flow basins, water main extensions, sewer main extensions and shallow utilities to
serve the Buffalo Ridge housing project. This construction is now complete and all required
materials and certifications have been "submitted. Resolution No. 04-29 also establishes the one-
year warranty period and allows release of the security deposit with a dual obligee bond to provide
security for the warranty period.
Recommendations: Approve Resolution No. 04-29, A Resolution
Approving and Accepting the Public Improvements Installed and Constructed in Accordance with
Subdivision Improvements Agreement for The Village (at Avon) Filing 2 and establishing warranty
period for said Improvements.
Town Manager Comments:
lAEngineering\Avon Village\3.0 Filing 2\ Completion\Acceptance Memo.Doc
TOWN OF AVON
RESOLUTION NO. 04-29
Series of 2004
A RESOLUTION APPROVING AND ACCEPTING THE PUBLIC IMPROVEMENTS
INSTALLED AND CONSTRUCTED IN ACCORDANCE WITH SUBDIVISION
IMPROVEMENTS AGREEMENT FOR THE.VILLAGE (AT AVON) FILING 2 AND
ESTABLISHING WARRANTY PERIOD FOR SAID IMPROVEMENTS
WHEREAS, the Town of Avon entered into a SUBDIVISION IMPROVEMENTS
AGREEMENT, dated April-23, 2002, with Buffalo Ridge Affordable Housing Corporation and
Buffalo Ridge II LLLP in connection with the approval of the Final Plat for The Village (at Avon)
Filing 2, Town of Avon, Eagle County, Colorado; and
WHEREAS, said Agreement established certain public improvements to be constructed in
conjunction with said subdivision; and
WHEREAS, said Agreement established requirements for the provision of security deposits to,
assure completion of the improvements in accordance with the Agreement and the subsequent
release of the security deposits upon completion and the stipulated warranty period; and
WHEREAS, said public improvements were substantially complete as of July 27, 2004; and
WHEREAS, all required documentation for approval and acceptance of the improvements has
been submitted.
NOW; THEREFORE BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF
AVON, that:
1. The public improvements required to be constructed in conjunction with The Village
(at Avon) Filing 2 are substantially complete as of July 27, 2004, in accordance with the
SUBDIVISION IMPROVEMENTS AGREEMENT and the stipulated one-year warranty
period for said improvements shall extend to July 27, 2005.
2. The public improvements are hereby approved and accepted by the Town of Avon
with the exception of items of warranty work, which are identified during the warranty
period, which items shall, have a warranty period, which extends for one year from the date
of satisfactory correction of the warranted item.
I:\Fngineering\Avon Village\3.0 Filing 2\Completion\Approval Res.Doc
r~
3. Effective July 27, 2004, the security deposit may be released and warranty work on
Subdivider's Improvements Will be secured by a dual obligee bond. in accordance with the
Subdivision Improvements Agreement.
ADOPTED THIS DAY OF , 2004.
TOWN COUNCIL
TOWN OF AVON, COLORADO
Albert D. Reynolds, Mayor
ATTEST:
Patty McKenny,
Town Clerk
IAEngineeringWvon Village\3.0 Filing 2\ CompletionWpproval Res.Doc