HomeMy WebLinkAboutDevelopment Improvement Agreementഀ
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CASH DEPOSIT FORMATഀ
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Receipt funds to: Legal Description: Lot 3 Blockഀ
Name: /77,e•~i4e %t~ Subdivision: oഀ
Mailing Address: /Z a:/ Address: / o ri Goഀ
S"': boo Developer: 11-r_ _rc-r c.-ഀ
V4? il CO 81,6 SPermit Number. &17- 6 Zl Lഀ
Project Number: -aoaഀ
Improvement Completion Date: o Z1Zഀ
DEVELOPER IMPROVEMENT AGREEMENTഀ
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THIS AGREEMENT made and entered into this day of , 200ഀ
by and among ~Tc%ZZ ~l yVvr~'cs; v (the "Developer"), and the Town ofഀ
Vail (the "Town").ഀ
WHEREAS, the Developer, as a condition of approval of the Temporary Certificate ofഀ
Occupancy for F11 ,ele 2eഀ
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(address, legal description, and project number) wishes to enter into a Developer Improvementഀ
Agreement; andഀ
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WHEREAS, the Developer is obligated to provide security or collateral sufficient in theഀ
judgement of the Town to make reasonable provisions for completion of certain improvements setഀ
forth in the attached estimated bid(s) in accordance with the approved plans and specificationsഀ
filed in the office of the Community Development Department of the Town of Vail; andഀ
WHEREAS, the Developer wishes to provide collateral to guarantee performance of thisഀ
Agreement, including completion of the all improvements referred to in this Agreement, by meansഀ
of the following:ഀ
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The Developer agrees to establish a cash deposit account with the Town of Vail, asഀ
escrow agent, in the amount of $ as collateral for theഀ
completion of all improvements referred to in this Agreement, in the event there is aഀ
default under this Agreement by the Developer.ഀ
NOW THEREFORE, in consideration of the following mutual covenants and agreements,ഀ
the Developer and the Town agree as follows:ഀ
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1. The Developer agrees, at its sole cost and expense, to furnish all equipment andഀ
materials necessary to perform and complete all improvements referred to in this Agreement. Theഀ
Developer gr es to complete all improvements referred to in this Agreement on or before theഀ
day of , 20 The Developer shall complete, in a good workmanlikeഀ
mannIvements referred'ta in this Agreement, in accordance with all approved plansഀ
and filed in the office of the Community Development Department of the Town ofഀ
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 toഀ
the satisfaction of, the Town Planner, the Town Engineer, the Town Buildingഀ
Official, or other official from the Town of Vail, as affected by special districts orഀ
service districts, as their respective interest may appear, and shall not be deemedഀ
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complete until approved and accepted as completed by the Communityഀ
Development Department and Public Works Department of the Town of Vail.ഀ
2. To secure and guarantee performance of the obligations as set forth herein, theഀ
Developer agrees to provide collateral as follows:ഀ
A cash deposit account with the Town of Vail, as escrow agent, in the amount ofഀ
$ as collateral for the completion of all improvementsഀ
referred to in this Agreement, in the event there is a default under this Agreementഀ
by the Developer.ഀ
3. The Developer may at any time substitute the collateral originally set forth aboveഀ
for another form of security or collateral acceptable to the Town to guarantee the faithfulഀ
completion of those improvements referred to herein in this Agreement and the performance ofഀ
the terms of this Agreement. Such acceptance by the Town of alternative security or collateralഀ
shall be at the Town's sole discretion.ഀ
4. The Town shall not, nor shall any officer or employee thereof, be liable orഀ
responsible for any accident, loss or damage happening or occurring to the work specified in thisഀ
Agreement prior to the completion and acceptance of the same, nor shall the Town, nor anyഀ
officer or employee thereof, be liable for any persons or property injured by reason of the natureഀ
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 itsഀ
officers, agents and employees against any losses, claims, damages, or liabilities to which theഀ
Town or any of its officers, agents or employees may become subject to, insofar as any suchഀ
losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based uponഀ
any performance by the Developer hereunder; and the Developer shall reimburse the Town forഀ
any and all legal or other expenses reasonably incurred by the Town in connection withഀ
investigating or defending any such loss, claim, damage, liability or action. This indemnityഀ
provision shall be in addition to any other liability which the Developer my have.ഀ
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5. It is mutually agreed that the Developer may apply for and the Town mayഀ
authorize a partial release of the collateral deposited with the Town for each category ofഀ
improvement after the subject improvement is constructed in compliance with all plans andഀ
specifications as referenced hereunder and accepted by the Town. Under no condition shall theഀ
dollar amount of the collateral that is being held by the Town be reduced below the dollar amountഀ
necessary to complete all uncompleted improvements referred to in this Agreement.ഀ
6. ' If the Town determines, at its sole discretion, that any of the improvementsഀ
referred to in this Agreement are not constructed in compliance with the approved plans andഀ
specifications filed in the office of the Community Development Department of the Town of Vail orഀ
not accepted by the Town as complete on or before the date set forth in Paragraph 1 of thisഀ
Agreement, the Town may, but shall not be required to, draw upon the security referred to in thisഀ
Agreement and complete the uncompleted improvements referred to in this Agreement. Pursuantഀ
to Section 12-11-8, Vail Town Code, the Temporary Certificate of Occupancy referred to in thisഀ
Agreement may be revoked until all improvements referred to herein are completed by theഀ
Developer or the Town in accordance with this Agreement.ഀ
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If the costs of completing the uncompleted improvements referred to in this Agreementഀ
exceed the dollar amount of the deposit, the excess, together with interest at twelve percentഀ
(12%) per annum, shall be a lien against the property and may be collected by civil suit or may beഀ
certified to the treasurer of Eagle County to be collected in the same manner as delinquent adഀ
valorem taxes levied against such property. If the Developer fails or refuses to complete theഀ
improvements referred to in this Agreement, such failure or refusal shall be considered a violationഀ
of Title 12 (Zoning Regulations), of the Vail Town Code, and the Developer shall be subject toഀ
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 referredഀ
to in this Agreement located on Town-property or within a Town right-of-way, pursuant to Chapterഀ
8-3, of the Vail Town Code, for a period of two years after the Town's acceptance of saidഀ
improvements.ഀ
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8. The parties hereto mutually agree that this Agreement may be amended from timeഀ
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.ഀ
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De per/S~ഀ
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STATE OF COLORADO )ഀ
) ss.ഀ
COUNTY OF EAGLE )ഀ
The foregoing Developer Improvement Agreement f ore me thisഀ
Z,,!:- Day of Ee ✓ , 20~fbyഀ
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Witness my hand and official seal.ഀ
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My commission expiresഀ
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Town-Plannerഀ
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STATE OF COLORADO )ഀ
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COUNTY OF EAGLE )ഀ
The foregoing Developer Improvement Agreement was acknowledged fore me thisഀ
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Z'Day of Lay,,6Z,,- , 20N by W, avy, tv~ Lk t-7ഀ
Witness my hand and official seal.ഀ
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My commission expires:ഀ
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vN0TARYrഀ
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P(jഀ
Nota Public 00,'~.,,,~ p • • - • •0Q~P:~•,ഀ
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U.C.L./page 2 of 3ഀ
English/Potato Patchഀ
3/6/08ഀ
SECTION B. LANDSCAPING.ഀ
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JOB DESCRIPTION #l. Landscaping bid begins after all backfill, general construction wasteഀ
or pre-existing debris removed and rough grade and topsoil spreading are complete. Boulderഀ
placement and plant material transplanting are not included in cost. Plant trees and shrubs to planഀ
with compost mixed into backfill then mulch 3" deep with wood chips. Prepare perennial gardenഀ
with compost tilled into the soil, plant perennials then mulch .5" with wood chips. Remainingഀ
areas graded and seeded with wildflower and native grass seed mix, then mulched with straw-ഀ
Apply tackifier. All materials are fertilized. Site cleaned of all landscape debris.ഀ
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MATERIAL LISTഀ
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Material Size Amount Unit Castഀ
Spruce 8 ft 6 300.00ഀ
Spruce 10 It 7 500.00ഀ
Spruce 12 ft 1 700.00ഀ
Crabapple 3.0" diam 1 325.00ഀ
Aspen 2.0" diam clump 10 175.00ഀ
Aspen 2.5" diam clump 6 220.00ഀ
Aspen 3.0" diam clump 4 320.00ഀ
Serviceberry 5 gal 15 19.00ഀ
Woods rose 5 gal 31 18.00ഀ
Snowberry 5 gal 15 19.00ഀ
Alpine currant 5 gal 15 18.00ഀ
Perennial mix I gal 200 6.75ഀ
Wildflower seed 3 INഀ
Native grass seed 50 lbsഀ
Fertilizer 50 lbsഀ
Soil blanket 8,500 sq ft .34ഀ
Compost 8 cu ydsഀ
Wood chips 8 cu ydsഀ
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COST: $20,540.00ഀ
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Town of Vailഀ
Department of Community Developmentഀ
75 S. Frontage Roadഀ
Vail, CO 81657ഀ
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Name:_ ink I;A ~ r'bes Receipt No. 4,0 yWഀ
Address: IZ I/cu'f R.1 700 Ja+ /ഀ
Project: PXY07 - 0009 Date /z /z3 / e gഀ
Please make checks payable to the TOWN OF VAILഀ
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Account No. Item No. Code # Cost Each Totalഀ
001 0000 314 1110 Address Maps ZA $5.00 *ഀ
001 0000 314 1110 Zoning Maps ZA $20.00 *ഀ
001 0000 319 4400 Custom Mapsഀ
001 0000 314 1112 Other Code Books CBഀ
001 0000 314 1211 Blue Prints/M lar Co Fees BF $7.00ഀ
001 0000 314 1111 Xerox Copies XC $0.25ഀ
001 0000 314 1111 Master Plan MSഀ
001 0000 314 1111 Studies, Master Plans, etc. MSഀ
001 0000 312 3000 Contractors License Fees CLഀ
001 0000 312 3000 Contractors License Fees - RENEWAL CLഀ
001 0000 240 3300 Developer Improvement Agreement Deposit D2-DEP10 ADഀ
001 0000 312 1000 Restaurant License fee TOV RLഀ
001 0000 230 2000 Sec. Assess.-Restaurant Fee to Co.De t.Rev. SAഀ
110 00nn ~1d 1115 Rpsale r-nmrnkalm _ WISഀ
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* all iteഀ
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comm........ഀ
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Cash Money Order # Check # /62-6 Receivedഀ
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Credit Card: Visa / MC Last 4 CC #'s Auth M Name on CCഀ
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f/cdev/forms/admin/sales_action_form_2007 1/5/06ഀ
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