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10-12-2004 BBG HOLDING CORPORATION AGREEMENT GOVERNING DESIGN AND CONSTRUCTION OF DRAINAGE AND SITE IMPROVEMENTSAGREEMENT GOVERNING DESIGN AND CONSTRUCTION OF DRAINAGE AND SITE IMPROVEMENTS THIS AGREEMENT GOVERNING DESIGN AND CONSTRUCTION OF DRAINAGE AND SITE IMPROVEMENTS (this "Agreement") is made this lam day of October, 2004, by and between the TOWN OF AVON, a Colorado corporation (the "Town"), whose address is P.O. Box 975, Avon, Colorado 81620 and BBG Holding Corporation, a Colorado corporation ("BBG"), whose address is 101 Eagle Road, Unit #7, Avon, Colorado 81620. RECITALS A. BBG is the owner of Lot 22, Block 1, Benchmark at Beaver Creek, Town of Avon, Eagle County, Colorado also known as 77 Metcalf Road ("Lot 22"). B. The Town is the beneficiary of a drainage easement across Lot 22, described on the subdivision plat for Benchmark at Beaver Creek, recorded in Book 274 at Page 701, Eagle County records. C. BBG is improving the parking lot on Lot 22 to increase parking and improve general circulation for vehicles and pedestrians (`BBG Improvements"). The Town is improving the drainage and stormwater management on Lot 22.("Town Drainage Improvements") in accordance with plans prepared by Arroyo Engineering, LLC dated October 1, 2004, as amended by the Town. The Town Drainage Improvements and BBG Improvements are collectively referred to as "Improvements". The Improvements are based upon conformance with Town requirements for drainage facilities and providing adequate traffic circulation and parking. D. The Town has agreed to step up the timing of the Town Drainage Improvements to coincide with the construction of the BBG improvements AGREEMENT NOW THEREFORE, for and in consideration of the mutual covenants contained herein, the parties hereby agree as follows: 1. Permanent Drainage Easement. A private non-exclusive perpetual drainage easement over, across, under, and through the area of the Town Drainage Improvements located on Lot 22 is hereby granted by BBG to the Town. Upon completion of the Drainage Improvements, a separate drainage easement based upon as- built locations will be recorded. The existing drainage easement recorded with the Eagle County Clerk and Recorder at Book 274, Page 701 will be vacated contemporaneously with the recording of such drainage easement, which shall be of equal size. 2. Cost of Design Work. BBG is responsible for the cost of all design work in association with the BBG Improvements and the Town Drainage Improvements. 3. BBG Improvements. BBG is responsible for completion of the BBG Improvements located on Lot 22, which include: any additional fill material required for construction of the parking area; all asphalt; including replacement of asphalt removed for new culvert installation; parking lot striping; widening of entryway; re-veg of disturbed areas; installation of sub-drains for both detention ponds; all concrete curb & gutter and pans; grading and compaction of added asphalt area to southwest side of the building, all in accordance with the plans given design review approval by the Town. 4. Town Drainage Improvements. The Town is responsible for completion of the Town Drainage Improvements, which include: removal of existing culverts as needed for installation of new piping; disposal of existing culverts and removed asphalt; backfill of new culvert to grades shown on Plan Sheet 1 dated 9/30/04, including rough grading from the new inlet to the new outlet; excavation and backfill of new inlet and outlet structures; and the installation of the new inlet and outlet structures. 5. Entire Agreement. This Agreement is an integration of the entire understanding of the parties with respect to the matters stated herein. 6. Governing Law. The validity and effect of this Agreement shall be determined in accordance with the laws of the State of Colorado. IN WITNESS WHEREOF, BBG and the Town have executed this agreement on the date first above written. 3 I a A ATTEST: 1 ~ C"') C_ Patt Mc enney, o n Clerk TOWN OF AVON, a municipal corporation f B: Mayor APPROVED AS TO FORM Jo Fn W. Dunn, Town Attorney STATE OF COLORADO COUNTY OF EAGLE BBG HOLDING CORPORATION a Colorado corporation B le ss. The foregoing instrument was acknowledged before me this , day of October, 2004, by Albert D. Reynolds, as Mayor and Patty McKenny as Town Clerk of the Town of Avon„ a municipal corporation. Witness my hand and official seal. My Commission expires: a~\o~ Notary Public STATE OF COLORADO COUNTY OF EAGLE ss. S N. M. o,~ 0 'TA • G .00 " F CO-OP My Commission E)#Ues 07128fP008 The foregoing instrument was acknowledged before me this 14"'- day of October, 2004, by Michele O. Evans as President and G. Christopher Evans as Secretary of BBG Holding Corp., a Colorado corporation. Witness my hand and official seal. g\iQiision expires: ~~oTAiq F~ ~'9~cAV B GPPOO OF COLO L- Notary u My Commission Exires 041=06 Memo To: Honorable Mayor and Town Council Thru: Larry Brooks, Town Manager From: Norman Wood, Town Engineer Date: October 7, 2004 Re: Agreement with BBG Holding Corporation Governing Design and Construction of Metcalf Storm Drainage Improvements Across Lot 22, Block 1, Benchmark at Beaver Creek (0077 Metcalf Road) Summary: Chris and Michelle Evans with Evans Chaffee Construction Group recently purchased the property at 0077 Metcalf Road. They requested that the Town work with them to expedite the Metcalf Storm Drainage Project across this property to allow them to implement some parking and site improvements this fall. This is a natural extension of the Metcalf Basin Drainage Improvements (Nottingham Road to I-70) Project that is currently under construction. This Agreement provides that BBG Holding Corporation (BBG) will be responsible for the cost of all design work plus all final grading, surface restoration and surface facilities. The Town will be responsible for installation of the underground drainage facilities, inlet and outlet structures, removal and disposal of non-useable material from the drainage facility installation and backfill of the facilities to rough grade. This will result in significant savings to the Town as well as allowing early completion of this critical section of the Storm Drainage System. This Agreement is accompanied by a corresponding Change Order to the Metcalf Basin Drainage Improvements (Nottingham Road to I-70) Project that reflects the cost of this project expansion to the Town. The work to be completed by BBG is not included in this contract and they will be responsible for making arrangements for and paying the cost of that work independent from the Change Order work. The Capital Projects Fund Budget as previously presented included $125,000 for this section of the Project. This Budget will be revised to reflect the actual Change Order Costs prior to final adoption. l:AEngineering\CIP\Stonnwater Metcalf (Nott To 170)A4.0 Constriction Documents\4.5 Change Orders\Agreement Memo. Doc We recommend approval of the attached Agreement Governing Design and Construction of Drainage and Site Improvements at 0077 Metcalf Road between the Town of Avon and BBG Holding Corporation in conjunction with Change Order Number I to the Metcalf Basin Drainage Improvements (Nottingham Road to 1-70) Project Contract with Oldcastle SW Group, Inc. dba B&B Excavating, Inc. Recommendation: Approve Agreement Governing Design and Construction of Drainage and Site Improvements at 0077 Metcalf Road between the Town of Avon and BBG Holding Corporation. Town Manager Comments: 0 Page 2