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TC Res. No. 1999-06TOWN OF AVON RESOLUTION NO. 99-06 Series of 1999 A RESOLUTION APPROVING SUBDIVISION IMPROVEMENTS AGREEMENT AND THE AMENDED PLAT OF CHAPEL SQUARE SUBDIVISION, A RESUBDIVISION OF LOT 22 AND TRACT B-2, CHAPEL SQUARE SUBDIVISION, TOWN OF AVON, EAGLE COUNTY, COLORADO WHEREAS, Chapel Square, ILLC, a Colorado limited liability company, has submitted a subdivision Improvements Agreement and Amended Plat of Chapel Square Subdivision, a Resubdivision of Lot 22 and Tract B-2, Chapel Square Subdivision, Town of Avon, Eagle County, Colorado; and WHEREAS, the Subdivision Improvements Agreement and Amended Plat have been reviewed by the Town Staff, and WHEREAS, the Subdivision Improvements Agreement and Amended Plat of Chapel Square Subdivision were found to be substantially in conformance with Title 16 of the Avon Municipal Code; and WHEREAS, the proposed subdivision complies with the requirements for consideration of Final Plat. NOW, THEREFORE BE IT RESOLVED BY THE_ TOWN COUNCIL OY THE TOWN OF AVON, that the Subdivision Improvements Agreement and Amended Plat of Chapel Square Subdivision, a Resubdivision of Lot 22 and Tract B-2, Chapel Square Subdivision, Town of Avon, Eagle County, Colorado, is hereby approved by the Town of Avon subject to: 1. The completion of technical corrections as identified by Town Staff. ADOPTED THIS 26 DAY OF January . - 1999. TOWN COUNCIL TOWN OF AVON, COLORADO 49 4 J Yoder, ~ a ATTEST:. Nash, Town Clerk C:Wy nowmets\Devrev\Rcwbit ons\Chptup6.noc SUBDIVISION IMPROVEMENTS-AGREEMENT THIS AGREEMENT, made and entered into this lot day of May, 1999, by and between CHAPEL SQUARE, LLC, a Colorado limited liability company, hereinafter referred to as "Subdivider", and the TOWN OF AVON, a Colorado Municipality, by" and through its Council, hereinafter referred to as the "Town." WITNESSETH: WHEREAS, Subdivider owns certain real property which has been approved by the Town for resubdivision as the AMENDED PLAT OF CHAPEL SQUARE SUBDIVISION, A Resubdivision of Lot 22 and Tract B-2, Chapel Square Subdivision, Town of Avon, Eagle County, Colorado (the "Subdivision"); WHEREAS, Subdivider desires to enter into a Subdivision Improvements Agreement with the Town as provided for by Section 16.24. 100 of the Avon Municipal Code, as amended, in connection with Subdivider's construction and dedication (the "Dedication") to the public of an alley located behind Building B known as "Chapel Alley" (the "Alley') as set forth in that. certain Amended Plat of Chapel Square Subdivision (the "Amended Plat") submitted by Subdivider for approval by the Town (attached hereto as Exhibit A ; WHEREAS, pursuant to the Avon Municipal Code, the Town desires to make reasonable provision for completion of the Alley and certain public improvements (including Chapel Place) ("Improvements") by Subdivider as described in Exhibit B attached hereto and incorporated herein by reference; and WHEREAS, Subdivider has agreed to perform and complete the Improvements. NOW THEREFORE, in consideration of the following mutual covenants, conditions, and promises; the parties hereby agree as follows: 1. Subdivider agrees to complete and to bear all costs associated with the construction of all of the Improvements in a good and workmanlike manner, including costs for all equipment and material necessary to perform and complete all Improvements and work incidental thereto, and shall construct the Improvements substantially in accordance with the specifications and drawings as approved by the Town and as set forth in Exhibit B. The construction of the Improvements shall substantially comply with the inspection procedures and standards established by the Town; shall be to the reasonable satisfaction of the Town and shall not be deemed complete until approved and accepted by the Town, which approval and acceptance shall not be unreasonably withheld or delayed. 2. The Town agrees to accept the Improvements in accordance with Exhibit B hereto subject to the terms and conditions of this Agreement; provided, however, that pursuant to Section 16.24.030 of the Avon Municipal Code, as amended, all Improvements shall be completed and accepted by the Town within two (2) years of the date of this Agreement. Prior to I IIIIII IIIII IIIIIII III mini III mini III IIIII 1111 IIII 696104 05/14/1999 03: 13P 469 -Saira - Ffs-h-6-0 the issuance of any new Certificate of Occupancy within the Subdivision, the Improvements shall be completed and accepted by the Town or an alternative access route shall be designated and maintained by Subdivider which allows full ingress and egress to and from the Subdivision at all times. 3. Subdivider shall at all times prior to acceptance of all of the Improvements by the Town give good and adequate warning to the public traveling on or within the Subdivision of dangerous conditions existing in the Improvements and shall take reasonable steps to protect the traveling public.from such defective or dangerous conditions. Until the completion and the Town's acceptance of the Improvements, any portion of the Improvements not accepted as improved shall be under the control of Subdivider for the purpose of this Agreement. 4. Upon completion of portions of the Improvements, Subdivider will cause its engineers (who shall be registered in the State of Colorado) to certify in writing that the installation of the Improvements, or portions thereof as may be completed from time to time, have been completed in conformance with all standards, drawings and specifications as submitted to and previously approved by the Town. Inspection reports, test results and other supporting documentation shall be submitted with the certification.- The Town may conduct periodic inspections as it deems necessary to assure conformance with approved plans and specifications. Subdivider shall pay the Town for additional fees reasonably incurred by the Town for the cost of inspections by the Town of the Improvements, to the extent such fees do not exceed five percent (5%) of the total construction costs of the Improvements. The amount of such fees will be based on direct (out-of-pocket) costs of the Town plus fifteen percent (15%) of such costs for administration. 5. Subdivider agrees that in the event it shall fail to perform its obligations as set forth herein, the Town shall be under no obligation to complete or perform any of the Improvements. 6. The Town shall not, nor shall any officer, agent, or employee thereof, be liable or responsible for any loss or damage or for any injury to any person or property resulting from or arising out ofthe construction of the Improvements hereunder. Subdivider hereby agrees to indemnify and hold harmless the Town, and any of its officers, agents, and employees against any losses, claims, damages or liabilities to which the Town or any of its officers, agents, or employees may become subject to (or actions in respect thereof) that arise out of, or are based upon, any obligation of Subdivider hereunder. Furthermore, Subdivider shall reimburse the Town for any and all legal or other expenses reasonably incurred by the Town in connection with investigating or defending any such loss or claim. 7. Subdivider shall deliver to the Town an irrevocable letter of credit issued by Bank One Colorado, N.A. ("Letter of Credit") in an amount equal to one hundred and ten percent (110%) of the estimated costs of completion of all Improvements as set forth on Exhibit C attached hereto. The Letter of Credit shall be delivered to the Town prior to, or concurrently with, recording of the amended final plat. Upon completion and the Town's acceptance of the 1111111111111111111111111111111111111111111111111111111 2 696104 03/14/1999 03:13P 469 Sara Fisher 3 --of 14 R 71.00 D 0.00 N, 0.00 Eagle CO Improvements, or any portions thereof as certified by Subdivider's engineer pursuant to paragraph 4 herein, the entire amount remaining under the Letter of Credit, or the amount of any completed and Town approved, portion of any Improvement, less those sums described in Section 9 below, shall be released. Subdivider may at any time substitute the Letter of Credit deposited with the Town pursuant hereto for another form of collateral including, without limitation, cash, securities, or other property acceptable to the Town to guaranty the faithful completion of the Improvements in accordance with the terms of this Agreement. 8. The Improvements shall be warranted to be free from defects in workmanship or quality for a period of one (1)"year after the date of final acceptance of the Improvements by the Town. In the event of any such defect, the Town may require Subdivider to correct the defect in material or workmanship. In the event any corrective work is performed during the one year warranty period, then the warranty on such corrected work shall be extended for one (1) year from the date on which it is completed and accepted by the Town. 9. Upon completion and acceptance of the Improvements by the Town, and before release of the Letter of Credit as provided in Paragraph 7, Subdivider shall deliver to the Town an irrevocable Letter of Credit (or other form of security acceptable to the Town) issued by Bank One Colorado, N.A. in an amount equal to 10% of the verified cost of the Improvements. The funds represented by such Letter of Credit shall be available to the Town solely to enforce the warranty provision of paragraph 8 hereto in the event Subdivider fails to perform its obligations thereunder. Upon expiration of the warranty period of the Improvements, the Town shall release the entire amount of the Letter of Credit (or other security). 10. After the Letter of Credit has been released and all Improvements accepted by the Town and the applicable warranty period expires, Subdivider's obligations under this Agreement shall be satisfied, provided that, however, Subdivider shall continue to have the sole responsibility for the reasonable maintenance of the Alley, including snow removal. Nothing in this Agreement shall be construed to relieve Subdivider of any obligations incurred pursuant to the Agreement for Dedication and Maintenance of Public Roadway between the parties dated September 17, 1998. 11. This Agreement may be amended from time to time, provided that such amendment is in writing and signed by all parties hereto. Allll IIIII 1111111 III NIIIII III 1111111 III IIIA IIII IIII 1396104 05/14/1999 MOP U9 Sere Fisher The parties hereto have executed this Agreement as of the date above written. TOWN OF AVON, A COLORADO MUNICIPAL CORPORATION By: - - or I I~~III ~~II~ I'll'll~ ~II II'I"I I~I IIIII~I III "I~I IIII I"I 696104 05/14/1999 03:15P 469'Sa-a Fisher 5 of 14 R 71.00 D 0.00 W 0.00, Eagle CO 4 ATTEST: Town Clerk ARE, LLC, a Colorado j company STATE OF COLORADO I IIIIII IIIIIIIIIIII III IIIIIII III INS III III IIII IN 696104 03/14/1999 03:15P 469 Sara Ftaher )ss. 6 of 14 R 71.00 D 6.46A 0.00 Eagle CO COUNTY OF EAGLE ) The foregoing instrument was hereby acknowledged before me on this day of ,1 999, by as Mayor, and as Town Clerk, of the Town of Avon. My commission expires: Notary Public STATE OF COLORADO ) Bs" <cev ) ss. COUNTY OFE-- ) The foregoing instrument hereby acknowledged before me this 7* day of ,1999, by ~--LO , by Leo Palmos, Manager of Chapel ~Yl gLtd V1, Square, LC, a Colorado limited liability company. My commission expires: N., 4-7 otary Public ` = EXHIBIT A THE AMENDED PLAT OF CHAPEL SQUARE SUBDIVISION I IIIUI IIUI fillill I II1111 863 6 s LIM to m~ N ow s e ~ . 1 &all 1. tt ~ sttt ~ i. , i : Ohl Int oil lfa~~tt + ! t~ . P ' P , Jit;' f • il~=;15~~~ is E a• p 11*I I 0 X' e L a 00.61513 00'0 N 00'0 a 00'LL a tit 3O 9. .ls481d e41WS 690 d9t:£0 6661/bL/So0_ Me" IIII IIII IIIII III 1111111 III 1111111 III 111111111111111111 all fro dal it) Iii; a sit I Is I l i 141 • • if fly ~i a~ i tie~1~1 ~iilii EXHIBIT B CONSTRUCTION PLANS FOR THE EK-PROVEMENTS Plans submitted in conjunction with Building Permit number 97-1-0454 dated July 1, 1997 and as amended by Revised Plan Sheets: C1 Site Plan revised September 2, 1997 C2 Grading and Drainage Plan revised September 2, 1997 C3 Drainage and Grading Plan revised September 2, 1997 C4 Utility Plan revised September 2, 1997 C5 Details revised June 10, 1997 C6 Details revised June 10, 1997 11111111111111111111111111111111111111111111111111111 696104 05/14/1999 ft-:15P 469 Sara Fisher- 9 of 14 R 71.6i D 0.00-N 0.06 Eaile CD ' 7 EXHIBIT C ESTIMATED COST OF THE 1WROVEMENTS IIIIII ICI IIIIIII 1111101111 11111111111111111111 IN 696104 05/14/1999 03:15P 469 Sara Fisher 10 of 14 R 71.00 D*6.00 N 0.00 Eagle Cd 8 ETION CONSTRUCTION COMPANY 6M1 SCIMPok U WA 1A Colorado OD120 (3M 773-800 FAX . 221.8158 Jamary 25, 1999 Mt. Don Schaper Chapel Squaw, L.L.C. 2775 Iris Avecie, B=idet CO 80304 Rcf- Chapel Alley and Chapel Place Fstizz= Cbapei Square Avon, Colorado BtWm Job No. 97014 Dear Doe: Log No. 97014-20S_ Revs aed per A. Stbap& Attached is the es6m m you regaested on the com action ousts for C6apd May aad Cbapei Rue. Ms estimate does nat include any additiotrat money for out-of-segneace ommmmdad or special mobilizations. r hope this satisfies your needs. Please call me if you Dave any quesdous. Y. Co COw"y David C. ProjectMaaager 1111111 IIIII 1111111 III 1111111 III 1111111111111111 III IN DU,-psr 696104 03/14/1999 03-ISP 469 Sara Fisher 11 et 14 R 71.00 D 0.00 N 0.00 Eagle CO Fared L2"9 oe: Ch= File Field (F=cd M"9) Mario Claday -Chapel S? ra ' L.L.C. (Fzwd b2M9) Caren KuU#al ® 303-449,5426 (Faxed L2S/p9) Norm Wood - Town of Avon (Faxed V2"9) ULM Matzko - Town of Avon (Fazed V2SN9 111111 11111 1111111 111 Ilr~ill ~'i 1111111 III 111111 III IIII = , 696104 05/14/1999 03:13P 469 Sara Fisher 12 of 14 R 71.00 D 0.00 N 0.00 Eagle CO rr~rrr. CHAPEL SQUAFX E°1= JOB NQ 9M4 CEI PEL ALLEY PSTAUTE COlI~I];TBD To Colee~TB 3" asphalt pav, $ 46,200 S 6,930 $ 53,130 6" mad base 18,200 2.730 20,930 Subecade prep 3,780 567 4.347 Cart and gaffer 33,750 2,700 36.450 , CBAPEL ALLM SUBTOTAL 01930 13 27 15.357 CSAPEL PLACE B97M ,TE ~030'LETLD TO C'0114~LETS OT 3" asphalt pavi:tg $ 0 $ 27,489 $27,489 10" road bast 0 16,660 16,660 SnbgmdaP F 0 2,249 2,249 Curb and gut,t 0 16,020 16,020 Demoritioa at Mascu* - 0 40,000 40,000 and heal-oiT 0 14,300 14,300 Asphalt demo and removal 0 4,686 4,686 Site Main (uat city s 0 25,000 25,000 Titmd" - 0 13,000 13,000 Davao eaastmg stair and disposo 0 2,000 2,000 Tku re=vai 0 1.000 11000 Sttipmg 0 250 250 Cium PLUM SUBTOTAL S _ D $162454 62 654 CONSTRUCITONSMOTAL MUM- S176.091 S279.011 BOA& aid Iak=ce $ 2,039 $ 3,522 $ 5,561 Contr=ctar's Fee 5,606 91685 15,291 General, Caaditians 7.135 12,325 19.460 OMP SMTOTAXS 14,780 S 2&M 40J12 TOTALS $116,710 $201,613 5318,323 Contin=c:y @ 1590 17.507 0.242 47,749 GRAND ZVL4M 111111 I111111111I111111 Mild 111111111111 IN 696104 05/14/1999 03:15P 469 Sara Flehe~ 13 of 14 R 71.00 D 6.00 N 0.00 Eagle CO lWXF4LMJL licit CHAPEL SQU M ZTEMMOB NOs 97014 CTUPM ALLh;Y ESTIlVIATE 3" a=hn P~8 e mad base SnbFade PM Curb and w mw 8 CBAPBI.ALLzySQBTOm CHAPEL PLACE ESTIMATE: 3" asphalt paving 10° mad bane Subgrade PAP Curb and games De aoHd= at MaSu* Bxcmvauda aad heal-off Asph& demo and =moval Site limblin g (nac city standard) utmd a Douro castiag sb& and dispose Tree reclaw CHAPEL PUCQ SMMTAL CONSTRUCTION SUBTOTAL Bonds and Iasaraaca Caa48ctvf3 FCC C==Zl Candid OH&P SUBTOTAW TOTALS Coatiagcncy @ 15% GRAND TOTALS $ 53,130 20,930 4,347 36,450 goo TOM $2!,499 16,660 2,2€9 16,020 40,000 14,300 4,696. 25,000 13,000 2,000 1,000 - so - 34 78 0u $ 3,551 15,291 4a i2 $318,323 47.749 AmtOWLEDGMENT OF g;NC`ROAL'mVIEN'lC Chapel ~Sgvare, LLC Developeej has dedicated to the Town of Avan a pablic alley laiown as Chapel Alley pursuant to the Subdivision Improvement Agr~caent exeartad on May ,1999. Certain impiavenients constructed = property owned by Developer encroach into Chapel Allcy. The Town of Avon a mowledges and accepts the Encroachment of existing improvements into Chapel Allay, consisdag of the patio. Am' elL ourbin& sidewalks, laadscapin& and. other exterior feattzres of the building adjacent to Chapel Alley, provided such improvements do not interfere with the free chudi tton of vehi Ww time through Chapel Alley. The encroachment of existing improvements shall be shown on the Condominium Map of the building adjacent to Chapel Alley as approved by the Town of Avon. TOWN OF AVON Y YO YOR 0 oi- Sfa~y Mays, bcYufi~ -rowN CJ~r~ 111111 III 1909 IV 1111111 nl wllll III HIM III IN 696104 0114/- ' 0315P 460 $aqraflsher 14 of 14 R 71.8i D i.06 N 0,00 Eagle CO