HomeMy WebLinkAboutB14-0418_B14-0418 DIA Developer Improvement Agreement_1416852540.pdf CASH DEPOSIT FORMAT
Receipt nds to: /. �1 ` 1 Legal Descriptio L t „Bock 7
Name:_51 tv� bl+r y 1 tosCA ba4% Subdivision: Vail I e,
Mailing Address: 101 WC k> Rd Address: 1( )Z,,
�utl� 8157 Developer: hgiewr
Permit Number: Rag —G241r" •
Project Number: f 21-1'-I —0 51D
Improvement Completion Date: pi ,s.e I� ab 1S
DEVELOPER IMPROVEMENT AGREEMENT
THIS AGREEMENT, made and entered into this 13th day of October , 2014 ,
by and among Shaeffer Hyde Construction (the "Developer"), and the Town of
Vail (the"Town").
WHEREAS, the Developer, as a condition of approval of the Temporary Certificate of
Occupancy for 103 Rockledge Road,Vail Colorado Parcel Number 2101-071-20-014
(address and legal description)wishes to enter into a Developer Improvement Agreement; and
WHEREAS, the Developer is obligated to provide security or collateral sufficient in the
judgement of the Town to make reasonable provisions for completion of certain improvements set
forth in the attached estimated bid(s) in accordance with the approved plans and specifications
filed in the office of the Community Development Department of the Town of Vail; and
WHEREAS, the Developer wishes to provide collateral to guarantee performance of this
Agreement, including completion of the all improvements referred to in this Agreement,
NOW THEREFORE, in consideration of the following mutual covenants and agreements,
the Developer and the Town agree as follows:
1. The Developer agrees, at its sole cost and expense, to furnish all equipment and
materials necessary to perform and complete all improvements referred to in this Agreement. The
Developer agrees to complete all improvements referred to in this Agreement on or before the 1st
day of August , 20 15 . The Developer shall complete, in a good workmanlike
manner, all improvements referred to in this Agreement, in accordance with all approved plans
and specifications filed in the office of the Community Development Department of the Town of
Vail, and to do all work incidental thereto according to and in compliance with the following:
a. All said work shall be done under the inspection of, and to
the satisfaction of, the Town Planner, the Town Engineer, the Town Building
Official, or other official from the Town of Vail, as affected by special districts or
service districts, as their respective interest may appear, and shall not be deemed
complete until approved and accepted as completed by the Community
Development Department and Public Works Department of the Town of Vail.
2. To secure and guarantee performance of the obligations as set forth herein, the
Developer agrees to provide collateral as follows:
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A cash deposit account with the Town of Vail, as escrow agent, in the amount of
$ 135,438.75 as collateral (125% of the total costs of the attached
estimated bid(s)) for the completion of all improvements referred to in this
Agreement, in the event there is a default under this Agreement by the Developer.
3. The Developer may at any time substitute the collateral originally set forth above
for another form of security or collateral acceptable to the Town to guarantee the faithful
completion of those improvements referred to herein in this Agreement and the performance of
the terms of this Agreement. Such acceptance by the Town of alternative security or collateral
shall be at the Town's sole discretion.
4. The Town shall not, nor shall any officer or employee thereof, be liable or
responsible for any accident, loss or damage happening or occurring to the work specified in this
Agreement prior to the completion and acceptance of the same, nor shall the Town, nor any
officer or employee thereof, be liable for any persons or property injured by reason of the nature
of said work, but all of said liabilities shall be and are hereby assumed by the Developer.
The Developer 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, insofar as any such
losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon
any performance by the Developer hereunder; and the Developer 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, claim, damage, liability or action. This indemnity
provision shall be in addition to any other liability which the Developer my have.
5. It is mutually agreed that the Developer may apply for and the Town may
authorize a partial release of the collateral deposited with the Town for each category of
improvement after the subject improvement is constructed in compliance with all plans and
specifications as referenced hereunder and accepted by the Town. Under no condition shall the
dollar amount of the collateral that is being held by the Town be reduced below the dollar amount
necessary to complete all uncompleted improvements referred to in this Agreement.
6. If the Town determines, at its sole discretion, that any of the improvements
referred to in this Agreement are not constructed in compliance with the approved plans and
specifications filed in the office of the Community Development Department of the Town of Vail or
not accepted by the Town as complete on or before the date set forth in Paragraph 1 of this
Agreement, the Town may, but shall not be required to, draw upon the security referred to in this
Agreement and complete the uncompleted improvements referred to in this Agreement. Pursuant
to Section 12-11-8, Vail Town Code, the Temporary Certificate of Occupancy referred to in this
Agreement may be revoked until all improvements referred to herein are completed by the
Developer or the Town in accordance with this Agreement.
If the costs of completing the uncompleted improvements referred to in this Agreement
exceed the dollar amount of the deposit, the excess, together with interest at twelve percent
(12%) per annum, shall be a lien against the property and may be collected by civil suit or may be
certified to the treasurer of Eagle County to be collected in the same manner as delinquent ad
valorem taxes levied against such property. If the Developer fails or refuses to complete the
improvements referred to in this Agreement, such failure or refusal shall be considered a violation
of Title 12 (Zoning Regulations), of the Vail Town Code, and the Developer shall be subject to
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penalties pursuant to Section 12-3-10 (Violations: Penalties) and Chapter 1-4 (General Penalty),
of the Vail Town Code.
7. The Developer shall warranty the work and materials of all improvements referred
to in this Agreement located on Town property or within a Town right-of-way, pursuant to Chapter
8-3, of the Vail Town Code, for a period of two years after the Town's acceptance of said
improvements.
8. The parties hereto mutually agree that this Agreement may be amended from time
to time, provided that such amendments be in writing and executed by all parties hereto.
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Dated the day and year first above written.
-A LarAAA 1' —
Developer
STATE OF COLORADO )
ss.
COUNTY OF EAGLE )
The fgregoing D r provement Agg,,reeme. .s acknpwle .- •re me this I
f3l- Day of elo , 20/i4 by 4111W'/fi(IS intr)Ai .
Witness my hand and official seal.
My commission expires f{vDI0( 7
_ PATRICIA K.FERGUSON
NOTARY PUBLIC
, A.- I
STATE OF COLORADO
NOTARY ID 20094040649
ota0%l/� 1 r, d MY COMMISSION EXPIRES DECEMBER 14,2017
ry Public OF
su, 0,4,1
Town Planner
STATE OF COLORADO )
)ss.
COUNTY OF EAGLE )
The foregoing Developer Improvement Agreement was acknowledged before me this
I LLL Day of pi-)•/OweeV— , 2011#by tA/Pri 6ityrPti4e z--_ _
i
Witness my hand and official seal.
CA-OLYN GODFREY
•
My commission expires: STNOTARY OLORADO
NOTARY ID 20124079643
MY COMMISSION EXPIRES DECEMBER 11,2016
(./ ' N):;0611:
Notary Publi. (I,
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ATTACHED COPIES OF THE ESTIMATED BID(S)
S:ICommunity Development1FORMS\PIanning\DIA cash format_062414.doc Page 5 of 5
AHDH\
.,..Ww4M.at C7C'.U'.TS1M=
1060 East County Road 6C*(970)532-1717'FAX(970)532-3634*Ernaii-RMECINC@att_net
www.rockymountainenvironmentakonstruction.corn
October 2, 2014
Schaeffer Hyde Construction
P.O. Box 373
Vail, Colorado 81658
RE: Rosenbach Reveg
Dear Steve,
RMEC Inc. is pleased to offer the following proposal for re vegetation at the Rosenbach
residence at 103 Rockledge Road in Vail per plans and specification by Ceres+dated 10-1-14.
1. Install 4- 10' Colorado Spruce at $1,075 each- $4,300
2. Install 4- 12' Colorado Spruce at$1,387 each- $5,550
3. Install 10-2" Cal.Aspen at$160 each- $1,600
4. Install 7- 3" Cal. Aspen at$190 each- $1,330
5. Finish grade, hand seed, hand fertilize and hydromulch at a rate of 200Ibs of
mulch per acre the entire lot- $1,970
TOTAL: $14,751
All materials and workmanship will carry a one-year warranty from date of installation.We
appreciate the opportunity. If you have any questions, please call.
Thank you. Regards,
Shawn Flynn
ROCKY MOUNTAIN ENVIRONMENTAL CONSTRUCTION, INC.
(970)532-1717
EDTNnO
� WAARDS
�;�go�..oa�41:►
103 Rockledge Rd. Fill and Re-grade
Pricing includes costs to import, fill, and re-grade property to original state. Includes importing 4500
cubic yards structural fill material,and 190 cubic yards of topsoil to top off the site. All material will be
pushed off and rolled in with a loader. Re-seeding and hand work is to be done by others
Trucking import $80400
Topsoil import $6400
Machine time to push off and spread $6800
TOTAL $93600
•
Edwards Excavating. Inc. 970 904-0024
Town of Vail
Department of Community Development
75 S. Frontage Road
Vail,CO 81657
Name: ,s(JS L- 4 -yv,_ }1-e-H Receipt No.
Address: -1G114-044/ (,G
Project: Date // /9 7 /
Please make checks payable to the TOWN OF VAIL
Account No. Item No. Code# Cost Each Total
001-0000.31411.10 Address Maps ZA $5.00 *
001-0000.31411.10 Zoning Maps ZA $20.00 *
001-0000.31944.00 Custom Maps
001-0000.31931.00 Postage Revenue
001-0000.31411.12 Other Code Books CB *
001-0000.31412.11 Blue Prints/Mylar Copy Fees BF $7.00 *
001-0000.31411.11 Xerox Copies XC $0.25 *
001-0000.31412.12 Digital Records-CD/Jump Drive $60.00
001-0000.31412.12 copies/faxes/CD *
001-0000.31411.11 Master Plan MS *
001-0000.31411.11 Studies, Master Plans, etc. MS *
001-0000.31230.00 Contractor Registration Fee CL
001-0000.24033.00 Developer Improvement Agreement Deposit D2-DEP10 1 AD j .35 i �{.5 5 7S
001-0000.31210.00 Restaurant License fee(TOV) 1 RL
001-0000.23020.00 Spec. Assess.-Restaurant Fee to Co.Dept.Rev. SA
110-0000.31411.15 Resale Commission MS
001-0000.31944.00 Miscellaneous MS
Other- MS
Other- MS
Other- MS
Other- MS
001-0000.20110.00 Taxable @ 4.4% (State)-Tax payable TP
001-0000.31012.00 Taxable @ 4%(Town)- Retail Sales Tax T7 _
TOTAL: /3`3' 73
*all items charged tax
Comments:
Cash Money Order# Check# n i� Received
Credit Card:
Visa/MC Last 4 CC#'s Auth #: Name on CC
flcdevlformsladminlsalesaction form 2013