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HomeMy WebLinkAbout8522RESOLUTION NO. 8522 A RESOLUTION APPROVING AN AGREEMENT BETWEEN THE CITY OF PUEBLO, A MUNICIPAL CORPORATION, AND PREMIER HOMES, INC., A COLORADO CORPORATION AND PANNUNZIO, INC., A COLORADO CORPORATION IN FURTHERANCE OF THE CITY'S HOUSING STRATEGY, AND AUTHORIZING THE PRESIDENT OF THE COUNCIL TO EXECUTE SAME WHEREAS, the City of Pueblo (hereinafter "City "), pursuant to the HOME Investment Partnerships Act, the Cranston - Gonzales National Affordable Housing Act; 42 U.S.0 12701 et seq; and implementing regulations under 24 CFR Part 92, has been a participating jurisdiction for HOME federal funds under the program since 1992; and WHEREAS, in accordance with the provisions of the Act and 24 CFR Part 92 a portion of such financial assistance, subject to appropriation by the City Council, may be made available to for- profit organizations for the purpose of carrying out specific elements of the City of Pueblo consolidated housing plan including the expansion of the availability of affordable housing for low and moderate income Pueblo residents; and WHEREAS, Premier Homes, Inc., a Colorado corporation (hereinafter referred to as "Developer ") has proposed an affordable housing project and has applied to City for a loan of $500,000 from HOME federal funds for the purpose of carrying out the infrastructure and site development of a new subdivision known as Laredo At Lakeshore project consisting of 159 homes for homeownership with infrastructure more fully described in Exhibit `B" (hereinafter referred to as "The Project ") NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PUEBLO, COLORADO, that: SECTION I. The City commits from the date of this Resolution $500,000 of its .available and unallocated Federal HOME funds for a loan to assist the Project and as evidenced by the terms of the attached Affordable Housing Subdivision Loan Agreement under which City would make such a loan to Developer from said HOME funds, subject to all of the conditions and limitations of the agreement. ATTEST: City Clerkb INTRODUCED: September 14 , 1998 By John Verna Councilperson APPROVED: LET , X t,Cc President of lcitytouncil 169 (b A RESOLUTION APPROVING AN AGREEMENT BETWEEN THE CITY OFTitIe: PUEBLO, A MUNICIPAL CORPORATION, Item # AND PREMIER HOMES, INC., A COLORADO Agenda CORPORATION AND PANNUNZIO, INC., A COLORADO CORPORATION IN FURTHERANCE OF THE CITY'S HOUSING STRATEGY, AND AUTHORIZING THE PRESIDENT OF THE COUNCIL TO EXECUTE SAME Department: Housing & Community Development Date: September 14, 1998 1. SUMMARY a. Issue: The Pueblo City Council shall consider approving an agreement between , Premier Homes, and the city for $500,000 of HOME federal housing funds toward infrastructure costs for a new subdivision known as the Laredo At Lakeshore "m accordance with the Subdivision Improvements Agreement recorded plat set forth in Exhibit A herein attached. b. Recommendations: The Council should approve the Affordable Housing Subdivision Loan Agreement. The subdivision Plat has been approved by Public works. BACKGROUND Premier Homes, Inc. presented to the City Council on March 2, 1998, work session a proposed single family housing subdivision to be know as Laredo at Lakeshore. Mr. Nick Pannunzio owner of Premier Homes, Inc., requested a city loan of $500,000 to help finance the project infrastructure for the proposed 159 lots for new home construction. FINANCIAL IMPACT The city HOME housing program will contribute a $500,000 loan with a interest rate of 9% per annum, which loan will be subject to all terms and conditions of this Agreement and contingent upon Developer executing all documents required including a Note and Deed of Trust. The loan is to be repaid within a two year period. The funds may be readvance depending on the project. The city, with those amounts repaid from the loan proceeds and received on the Loan shall establish with a bank a City's Affordable Housing Interest Buydown Account. The purpose of the account will enable low and moderate income families to use the funds for purchasing homes . Borrowers that will utilize the Buydown funds shall be required to enroll in homeownership courses with Family Counseling Center . In addition the city loan shall be adequately secured and shall include real property by the Developer providing city with a deed of trust with a senior lien upon not less than 50% of all the lots in the Subdivision. 4. ALTERNATIVES City Council can choose not to or they may support the HOME loan PUEBLmr REVISED - 9/8/98 AFFORDABLE HOUSING SUBDIVISION LOAN AGREEMENT THIS AGREEMENT (hereinafter referred to as the "Agreement ") is made and entered this 14th day of September, 1998 by and between the City of Pueblo, a Municipal Corporation (hereinafter referred to as "City ") and Premier Homes, Inc., a Colorado corporation and Pannunzio, Inc., a Colorado Corporation (hereinafter together referred to as "Developer "). WITNESSETH, that: WHEREAS, the City has, under date of March 1, 1997, entered into an agreement with the U.S. Department of Housing and Urban Development ( "HUD "), whereby federal financial assistance may be made available to City as a participating jurisdiction for the purpose of expanding the availability of affordable housing pursuant to the Home Investment Partnerships Act ( "the Act ") (42 U.S.C. 12701 et. seq.), the Cranston - Gonzales National Affordable Housing Act and implementing regulations, including but not limited to those at 24 CFR Part 92; and WHEREAS, in accordance with the provisions of the Act and 24 CFR Sections 92.200 and 92.205, a portion of such financial assistance, subject to deobligation (and subject to appropriation with respect to any assistance payable out of future fiscal year allotments), may be made available to qualifying for - profit entities for the purpose of carrying out specific elements of the participating jurisdiction's consolidated (housing) plan including new construction, real property acquisition and site expenses; and WHEREAS, in accordance with 24 CFR Section 92.205(b), such federal financial assistance may be invested in loans consistent with the purposes and provisions of 24 CFR Part 92; and WHEREAS, Developer has represented to City that it is a duly qualified for - profit entity which is eligible and willing to undertake certain approved elements of City's housing strategy identified herein; and WHEREAS, based upon Developer's representations to City, Developer appears capable or can reasonably be expected to become capable of developing and constructing affordable housing which will comply with and fulfill one or more approved elements of City's consolidated plan; NOW, THEREFORE, in consideration of the foregoing recitals and the covenants, terms and conditions set forth herein, the parties agree as follows: 1. City commits to make a loan, which shall bear interest at the rate of nine percent (9 %) per annum, hereinafter referred to as the "Loan," to Developer, in a principal amount not to exceed the sum of Five Hundred Thousand Dollars ($500,000.00), which Loan is subject to all terms and conditions of this Agreement and contingent upon Developer executing all documents required by City, including but not limited to, the promissory note ( "Note ") and Deed of Trust. The Note and said other instruments to be executed by Developer are referred to in this Agreement collectively as the "Loan Documents." The Loan shall be personally guaranteed by Nick Pannunzio and Carol Pannunzio (hereinafter referred to as "Guarantors "). The Loan may be written as a variable line of credit with periodic readvancement of funds, provided that the principal balance at any time shall not exceed Five Hundred Thousand Dollars ($500,000.00). The terms of the Loan shall provide that if not sooner paid in full, the entire Loan shall become due and payable in full on a day exactly 728 days after the date of execution of the Loan Documents by Developer. (a) The purpose of the Loan, and the sole and only use for which Loan proceeds may be disbursed, shall be the development of the Laredo At Lakeshore affordable housing subdivision (the "Subdivision "), in accordance with the recorded plat thereof recorded July 28, 1998 at Reception No. 1231011 of the records of Pueblo County, Colorado, and the costs and work items set forth on Exhibit A, attached hereto (hereinafter collectively referred to as the "Project "). (b) The Loan commitment made above is subject to and contingent upon Developer providing to City adequate security for the Loan, with adequacy to be determined solely by City's Director of Housing and Community Development. Such security shall include real property and may also include personal property or general intangibles, whether granted directly or indirectly, whether granted now or in the future and whether granted in the form of a security interest, mortgage, deed of trust, assignment, pledge, chattel mortgage, chattel trust, factor's lien, equipment trust, conditional sale, trust receipts, lien, charge, lien or title retention contract, lease or consignment intended as a security device, or other security or lien interest whatsoever, whether created by law, contract, or otherwise (all of which are hereinafter referred to as "Collateral Security "). Notwithstanding anything in this paragraph, Developer shall provide City with a deed of trust which shall be a senior lien upon not less than 50% of all of the lots in the Subdivision, which lien shall be superior to all other liens except general taxes, and City shall not be required to make the Loan unless Developer and Developer's other lenders execute all documents necessary to effect such senior lien status. City's Director of Housing and Community Development shall have no authority to waive, forego or otherwise modify the senior lien status requirements on 50% of the lots in the Subdivision as stated herein. The funds provided by City under this Agreement shall be disbursed only for the direct costs of infrastructure installation for the Project and not toward land acquisition, nor payment of other loans, costs or expenses. For so long as the Developer is not in default of any provision of this Agreement or the Loan Documents, the principal amount of the City's Loan may vary as Loan proceeds are disbursed and as Loan repayments are made; provided, however, that upon any event of default by Developer or any material adverse change in Developer's financial condition, the City may cease any additional disbursements and may call the Loan due and payable at once. (c) Provided Developer is not in default, whenever City receives a payment of principal, interest, Loan fee or other payment under the Loan, or whenever City makes an application of funds to the Loan (including, without limitation, any payment or application from any property held or taken by City in connection with the Loan, whether as collateral or otherwise), all amounts -2- received and applied by City to interest on the Loan shall be deposited and credited to the City's Affordable Housing Interest Buydown Account established pursuant to paragraph 6 of this Agreement. (d) During the full Term of this Agreement and for any required period of affordability, (i) any failure by Developer to perform any obligation, covenant or provision of the Note or this Agreement required to be performed by Developer, or (ii) any breach of any warranty made by Developer in this Agreement, or (iii) any other violation of any material term of this Agreement or the Deed of Trust given to secure the Note, shall constitute a default under this Agreement and the Note. Upon any default by Developer, the entire indebtedness, together with accrued interest, shall at the election of the holder, at once become immediately due and payable without notice. Failure of the holder to exercise this election shall not constitute a waiver of the right to exercise the same in the event of any subsequent failure to make any payment or other default. If the entire indebtedness is declared immediately due and payable by the holder pursuant to the provisions of the above paragraphs, from and after the date of such declaration or acceleration the indebtedness shall accrue interest at the rate of twelve percent (12 %) per annum until the date when the entire indebtedness and such accrued interest is paid in full. Developer further agrees that no release of any security for the indebtedness or extension of time for payment of same, or any installment thereof, and no alteration, amendment or waiver of any provision of the Note or the Deed of Trust securing same shall in any manner, release, discharge, modify or affect the obligations of Developer under this Agreement, the Note and said Deed of Trust. 2. (a) Developer warrants and represents that (i) it has the requisite authority and capacity to perform all terms and conditions on Developer's part to be performed hereunder; (ii) that it is a duly organized corporation under state law and is in good standing with the Secretary of State of Colorado; (iii) that it is aware of and understands its duty to perform all functions and services in accordance with the regulatory requirements of 24 CFR Part 92 and those identified in Exhibit "C" hereto; and (iv) that it is accepting federal financial loan assistance hereunder subject to certain mandatory repayment provisions which shall survive closing of the Loan and which exist in addition to all repayment obligations set forth in the Loan Documents. (b) Time is of the essence hereof. Developer agrees that it shall meet the following deadlines with respect to the Project: (A) Developer shall make and complete its Loan application to City not later than September 14, 1998; (B) Developer shall close on the Loan and Developer and Guarantors shall execute all Loan Documents consistent with the terms of this Agreement on or before October 1, 1998; (C) Developer shall cause the subdivision plat for the Project to be fully approved and recorded on or before September 14, 1998; (D) Developer shall commence construction of the Project work not later than October 30, 1998; and (E) Developer shall substantially complete construction of the Project not later than August 1, 2000. (c) Developer acknowledges that because the Project contemplated by this agreement concerns subdivision work for the construction of affordable housing consisting of more than 12 units, Developer shall require in all its contracts for the construction of the Project (A) -3- prevailing wages shall be paid to all laborers and mechanics performing work on the Project pursuant to 24 CAR §92.354 and the Davis -Bacon Act [40 U.S.C. 276a -5] and (B) the contract shall be subject to applicable requirements of the Contract Work Hours and Safety Standards Act [40 U.S.C. 327 -332]. 3. (a) Disbursement of Loan proceeds to Developer is subject to all of the following requirements, which shall be conditions precedent to disbursement: (A) that the Developer has expended funds after the date of this Agreement for eligible approved expenditures with respect to the Project and the disbursement will be for such eligible approved expenditures, (B) that Developer is not in default of any material provision of this Agreement nor applicable law or regulation, (C) that Developer has timely submitted requests for loan disbursement detailing the eligible loan draw - down items in a format approved by City, including therewith appropriate documentation and lien waivers from all contractors, suppliers and workmen covering all labor and materials furnished through the date of the request, and (D) that Developer has certified with each payment or loan draw - down request compliance with the requirements identified in Exhibit "C" to this Agreement and that all expenditures for which draw -down is sought were made for and in furtherance of the Project and are an eligible use of federal assistance under the Act. (b) Disbursement of Loan proceeds hereunder is also subject to and may only be disbursed in accordance with HUD regulations including but not limited to those at 24 CAR Part 92, as presently promulgated and as same may be revised from time to time in the future. All disbursements hereunder are subject to repayment by Developer as provided in 24 CFR Part 92. Funds pro -vided hereunder for Project may only be used for eligible costs, as provided in 24 CAR § §92.205(d) and 92.206(a). In the event HUD or the Inspector General of HUD determines that HOME funds loaned to Developer hereunder were not used for eligible costs, notwithstanding any other provision of this Agreement or the Loan Documents, Developer understands and agrees that City may call the Loan immediately due and payable in order that such HOME funds may be recaptured forthwith. 4. Although the Loan made hereunder may also be secured by other collateral, it shall be secured by all of the following real property located in Pueblo County, Colorado, which shall be and constitute part of the Collateral Security: Lots 1 through 34 inclusive in Block 1, Lots 1 through 41 inclusive in Block 2, Lots 1 through 48 inclusive in Block 3, Lots 1 through 23 inclusive in Block 4, and Lots 1 through 9 inclusive in Block 6, all in Laredo at Lakeshore Subdivision as shown in the recorded plat thereof, as evidenced by a Deed of Trust to be executed contemporaneously with the Note. As stated in paragraph 1(b) of this Agreement, the Deed of Trust in favor of the City shall be superior to all other in liens and claims with respect to not less than 50% of the lots identified above. As to the remainder of such lots, the City's Deed of Trust may be junior only to that deed of trust given to secure Developer's acquisition of the real property which was of record prior to execution of this Agreement. 5. City may, in its sole discretion, refuse to close the Loan to Developer, or thereafter may suspend or terminate further disbursements of Loan proceeds, if it has cause to believe any of the following circumstances has occurred or exists: (a) There has been any adverse material change in Developer's credit worthiness, the Project or the value of the Collateral Security; (b) Developer has allowed or suffered liens (other than the Deed of Trust given to secure the Loan) to be filed against any of the Collateral Security; (c) Developer has misapplied loan proceeds for other than the purposes stated in this Agreement; (d) Developer has defaulted in the performance of any term, condition or covenants set forth in this Agreement or any of the Loan Documents; (e) 6. (a) An Affordable Housing Interest Buydown Account, hereinafter referred to as the "Account," shall be established by City at a bank to be selected by City, and funded by deposits of those amounts received and applied by City to interest on the Loan in accordance with paragraph 1(c) of this Agreement. The Account shall be maintained by said bank as a special interest bearing account segregated from all other accounts, if any, which may be maintained by City with said bank. Interest that accrues on the amount in the Account shall be credited to the Account. (b) The City may, but shall not be obligated to, deposit additional City or other monies into the Account, which shall also accrue interest as provided in this paragraph 6. (c) The City shall authorize and direct in writing all withdrawals and disbursements from the Account. (d) Monies in the Account shall be made available by City, on a non - exclusive basis, for the purpose of payment of interest subsidies on owner - occupied first mortgage loans to qualified home buyers of homes located within the Laredo At Lakeshore subdivision and at other locations approved by City within the corporate limits of the City of Pueblo. In order to qualify for a first mortgage loan interest subsidy, a homebuyer must meet the following criteria: (A) be a first -5- time homebuyer, or not have owned a home for the preceding 60 calendar months; (B) meet the City's applicable income guidelines for a low or moderate income household; (C) require an interest subsidy in order to qualify for the mortgage loan on the home; (D) present a reasonable credit risk and have sufficient regular income to be able to repay the interest subsidized first mortgage loan; and (E) have attended an AHIBA homeownership counseling course with a certified HUD counseling agency. City will establish criteria for participation by all first mortgage lenders desiring to originate such loans, and the bank at which the Account is maintained shall be permitted to participate on the same basis and to the same extent as other lenders. 7. This Agreement shall not be assigned or transferred by Developer without the prior written consent of the City. Any assignment or attempted assignment made in violation of this provision shall, at the election of City, be deemed void and of no effect whatsoever. 8. HOME Regulation 24 CAR, Part 92.356 is incorporated herein by reference, and sets forth applicable laws and regulations that apply to Conflict of Interest. Developer shall avoid all conflicts prohibited by applicable regulations, including but not limited to those set forth in 24 CAR Part 92 as presently promulgated and as same may be revised from time to time in the future. 9. Developer shall maintain detailed records as to the Project work and activities undertaken with the loan assistance provided hereunder, services provided, and expenses incurred in connection with the Project and complete accounting records. Accounting records shall be kept on a generally recognized accounting basis and as requested by the City's auditor. Developer agrees to comply with all applicable uniform administrative requirements described or referenced in 24 CAR Part 92. The compliance provisions attached as Exhibit "B" hereto are made a part of this Agreement, and Developer agrees to perform and comply with same. The City, HUD, the Comptroller General of the United States, the Inspector General of HUD, and any of their authorized representatives, shall have the right to inspect and copy, during reasonable business hours, all books, documents, papers and records of the Developer which relate to this Agreement for the purpose of making an audit or examination. Upon completion of the work and until the Loan has been fully repaid and for a period of five (5) years thereafter, City may require all of the Developer's financial records relating to this Agreement to be turned over to the City for examination. 10. The City shall have the right to monitor and evaluate the progress and performance of Developer to assure that the terms of this Agreement are being satisfactorily fulfilled in accordance with HUD's, City's and other applicable monitoring and evaluation criteria and standards. The City shall at least quarterly review Developer's performance using on -site visits, progress reports required to be submitted by Developer, audit findings, disbursement transactions and contact with Developer as necessary. Developer shall furnish to the City monthly or quarterly program and financial reports of its activities in such form and manner as may be requested by the City. Developer shall fully cooperate with City relating to such monitoring and evaluation. 11. Developer shall maintain files containing information which shall clearly document all activities performed in conjunction with this Agreement, including, but not limited to, financial rol transactions, conformance with assurances, activity reports, and program income. These records shall be retained by Developer for a period of not less than five years after the completion of the Project. Activity reports shall be submitted monthly or quarterly no later than the ninth day of the month following the end of month or quarter for which the report is submitted. 12. Nothing herein contained shall make or be construed to make Developer or any of Developer's agents or employees, the agents or employees of the City. Developer shall be solely and entirely responsible for its acts and the acts of its agents, employees and subcontractors. 13. (a) As to the City, Developer agrees to assume the risk of all personal injury, including death and bodily injury, and damage to and destruction of property, including loss of use therefrom, caused by or sustained, in whole or in part, in conjunction with or arising out of the performance or nonperformance of this Agreement, construction of the Project, or creation of the subdivision and subdivision improvements by Developer or by the conditions created thereby or resulting therefrom. Developer further agrees to indemnify and save harmless the City, its officers, agents and employees from and against any and all claims, liabilities, costs, expenses, penalties and attorney fees arising from such injuries to persons or damages to property or based upon or arising out of the performance or nonperformance of this Agreement, construction of the Project, or creation of the subdivision and subdivision improvements by Developer or out of any violation by Developer of any statute, ordinance, rule or regulation. (b) Developer agrees that it shall procure and will maintain during the term of this Agreement and until the Loan has been fully repaid, such insurance as will protect it from claims under workers' compensation acts, claims for damages because of personal injury including bodily injury, sickness or disease or death of any of its employees or of any person other than its employees, and from claims or damages because of injury to or destruction of property including loss of use resulting therefrom; and such insurance will provide for coverage in such amounts as set forth in subparagraph (c) of this paragraph 13. (c) The minimum insurance coverage which Developer shall obtain and keep in force is as follows: (A) Workers' Compensation Insurance complying with statutory requirements in Colorado. (B) Comprehensive General Liability ( "CGL ") Insurance written on ISO Form CG 00 010196, or a substitute form providing equivalent coverage, with a limit not less than One Million Dollars ($1,000,000.00) per occurrence, covering liability arising from premises, operations, independent contractors, personal injury, products completed operations, and liability assumed under an insured contract, on an occurrence basis. The policy shall identify the City as an additional insured. (d) If requested by Bank or City, Developer further agrees that it shall procure -7- and maintain, at the Developer's expense, hazard and fire insurance upon any buildings or other improvements upon the property described in the Deed of Trust on an "all risk" form in such amounts as City's Department of Housing and Community Development may require, but in any event, for not less than the amount of all liens against the property and the amount of funds provided to Developer under the Loan. Developer shall furnish a certificate of insurance certifying such coverage to City prior to disbursement of any funds to Developer. Both said certificate of insurance and the policy procured by the Developer shall identify the City as an additional loss payee. 14. Developer agrees to execute and abide by the certifications contained in Exhibit "C" hereto, which are hereby expressly made a part of this Agreement. 15. Unless otherwise authorized by City in writing in a separate instrument executed after date of this Agreement, all program income, as defined in applicable regulations of HUD, shall be returned to City within 30 days of receipt by Developer, if required by said regulations. In the event City authorizes Developer to retain any portion of such program income, it shall only be used to accomplish the work set forth in Exhibit A to this Agreement. 16. In the event City incurs any cost or expense in enforcing the requirements of this Agreement applicable to Developer or in bringing any action to recover the amount of any repayment obligation, or to foreclose or obtain sale under the Deed of Trust or mortgage instrument, City shall be entitled to recover its costs and expenses, including reasonable attorneys fees. 17. (a) In addition to all procurement requirements otherwise applicable to the Project pursuant to any other provision of this Agreement or pursuant to any requirement of law or regulation incorporated in this Agreement by reference, Developer shall comply with all requirements of this Paragraph 17. (b) No improvements shall be undertaken to the property described in Paragraph 4 of this Agreement (hereinafter referred to as the "Property") or other real property with loan funds provided hereunder unless and until: (A) plans and specifications therefor have been prepared by a registered Professional Engineer in good standing and duly licensed to practice in the State of Colorado; (B) such plans and specifications have been filed with the City and approved by the City's Director of Public Works; and (C) all construction contracts for improvements for which loan funds are provided, directly or indirectly, from City shall have been awarded only after an open, competitive bidding process which has been approved by City's Director of Purchasing and which allows qualified contractors to reasonably participate in the competitive bidding procedures. (c) No disbursement of funds to Developer shall be made by Bank hereunder unless and until all conditions precedent to disbursement specified elsewhere in this Agreement have been satisfied and Developer files with City a written request for disbursement signed by an officer of Developer that certifies (A) that the amounts included in the request for disbursement have not been included in any prior request for disbursement, (B) that the improvements listed therein for which payment is sought have been completed in accordance with the approved plans and specifications therefor, and (C) that the improvements for which payment is sought have been constructed so as to comply with City of Pueblo ordinances, codes, Standard Construction -8- Specifications and Standard Details, and Storm Drainage Design Criteria and Drainage Policies. (d) In every contract for construction of improvements for which payment or reimbursement from City is to be provided under this Agreement, Developer shall include a contract clause or clauses, approved by City's Director of Purchasing, requiring its contractors, and all of the contractor's subcontractors of all tiers, to comply with the requirements of the Davis -Bacon Act and implementing regulations, and to pay all laborers and mechanics engaged in work upon the improvements at the prevailing wage rates for such work as determined by the U.S. Department of Labor. (e) Every contract for construction of improvements, and all lower tier covered transactions, shall include a requirement that the contractor, subcontractor or vendor certify that neither it nor its principal is debarred, suspended, proposed for debarment, declared ineligible or voluntarily excluded from participation in any federally funded project. 18. In all printed materials, project descriptions and other activities undertaken with funds provided under this Agreement, Developer shall provide recognition that loan funds have been pro- vided by the U.S. Department of Housing and Urban Development and the City of Pueblo. Recognition shall be accomplished by prominent disclosure of the role of HUD and the City in all such printed materials and project signage, if any. However, such recognition and signage shall also prominently set forth the following statement: "By providing loan funds for this Subdivision, the City of Pueblo, and the U.S. Department of Housing and Urban Development neither recommend nor endorse the sale of properties in the Subdivision nor make any representations or warranties in respect thereto." 19. The provisions set forth in this Agreement, and all Exhibits and attachments to this Agreement, constitute the entire and complete agreement of the parties hereto and supersede all prior written and oral agreements, understandings or representations related thereto. No amendment or modification of this Agreement, and no waiver of any provision of this Agreement, shall be binding unless made in writing and executed by the duly authorized officers of Developer and City. 20. The persons signing this Agreement on behalf of the parties represent and warrant that such persons have the requisite power and authority to enter into, execute and deliver this Agreement. The persons signing on behalf of Developer represent and warrant that this Agreement is a valid and legally binding obligation of Developer enforceable against Developer in accordance with its terms. 21. Provided that Developer is not in default of any of the provisions of this Agreement or the Loan, the Note or the Deed of Trust, upon the sale of any lot secured by the City's Deed of Trust referred to above, Developer may obtain a partial release of said Deed of Trust with respect to said lot only upon payment of not less than $12,000 of the then outstanding principal Loan balance. IN WITNESS WHEREOF, Developer and the City have executed this Agreement as of the 01 date first above written and under the laws of the State of Colorado. CITY OF PUEBLO, ATTEST: A Municipal Corporation By: President of C' Coil il [SEAL ATTEST: Title: °�etti -�z PREMIER HOMES, INC. a Colorado Corporation By: Name: i c. < Title: i n�e:� i ATTEST: Title: �c'�ZZ`t PANNUNZIO, INC. a Colorado Corporation By: Name: t-11 1-11 ► c-✓ i 4,rN e-N 11' r u Title: -10- A , 1-, - - TL - UL - - T '/. G i S U B D MSS O N IMP R O V EME • TS A GR EE M EN T 1 XHrB / ' B SUBDIVISION NAME: DEVELOPER: ENGINEER: ETS IACERO SIRE Asphalt (3" Asphalt on 14" Base) Curb and Gutter Cross Pan (Demolish) Handicap Ramps R & R Existing Curb Retum Asphalt Cut Asphalt Patch WATER 8" PVC Water Main 12" PVC Water Main Fire Hydrant Ass'y. Se r ices Permanent Blowoff ,SANITARY SEWER: Services Adjust Existing M.H. to Grade STORM SEWER 15" HDPE Pipe 24" HDPE Pipe 27" PVC Pipe 36" HDPE Pipe Type "S" Inlet L =Y Type "S' Inlet L =8' Type "W" Inlet.L =8' Type I- 8 Manhole STREET LIGHTS MONUMENTS LAREDO AT LAKESHORE, A SPECIAL AREA PLAN PHASE 1 £ Z PANNUNZIO, INC. NORTHSTAR ENGINEERING AND SURVEYING, INC. 3931 SY @ $18.30 /SY = 2039 LF @ $7.80 /LF = 1 EA @ $300.00 /EA = 1392 SF @ $3.50 /SF = 24 LF @ $25.00 /LF = 1 EA @ $800.00 /EA = SO SY @ $25.00 /SY = $71,937 $15,904 $300 $4,872 $600 $800 $1,250 36 LF @ $28.67 /LF - 1110 LF @ $28.67 /LF = 3 EA @ $1,800.00 /EA = 50 EA @ $480.00 /EA = 2 EA @ $600.00 /EA = 50 EA @ $575.00 /EA = 1 EA @ $300.00 /EA = 94 LF @ $27.00 /LF = 218 LF @ $36.00 /LF = 347 LF @ $42.00 /LF = 225 LF @ $60.00 /LF = 1 EA @ $200.00 /EA = 1 EA @ $2,600.00 /EA = 2 EA @ $2,600.00 /EA = 3 EA @ $1,600.00 /EA = 4 EA @ $1,300.00 /EA = 2 EA @ $575.00 /EA = ACERO STREET $1,032 $31,824 $5,400 $24,000 $1,200 $28,750 $300 $2,538 $7,848 $14,574 $13,500 $2,800 $2, $5,200 $4,800 $5,200 $1,150 $248,379 Exhibit "A" To Affordable Housing Subdivision Loan Agreement Jun 11 98 04:21P Public Works l "7151 542 -6244 SV B D MSIO N I M P R O V F M FN TS A GR E EM FN T SUBDIVISION NAME: LAREDO AT LAKESHORE, A SPECIAL AREA PLAN PHASE I DEVELOPER: PANNUNZIO, INC. ENGINEER: NORTHSTAR ENGINEERING AND SURVEYING, INC STREETS (MIRROR AVENUE) 17 LF @ $27.00 /LF = $459 Cut Asphalt I EA @ $1,000.00 /EA = $1,000 Asphalt Patch 464 SY @ $25.00 /SY = $11,600 Replace Square Pan I EA @ $419.00 /EA = 019 Asphalt Overlay - 1" 2850 SY @ $3.30 /SY = $9,405 Demolish Ex. Improvements 1 LS @ $2,000.00 /LS = $2,000 15" HDPE Pipe 17 LF @ $27.00 /LF = $459 24" HDPE Pipe 130 LF @ $36.00 /LF = $4,680 Type "S" Inlet L =8' 1 EA @ $2,600.00 /EA = $2,600 Type "S" Inlet L =T 1 EA @ $2,400.00 /EA = $2,400 42" RCP Pipe 370 LF @ $85.00 /LF = . $31,450 Type I -B Manhole 4 EA @ $1,600.00 /EA = $6,400 42" FES 1 EA @ $1,000.00 /EA = $1,000 Rip Rap 11 CY @ $50.00 ICY = $550 STREET LIGHTS (Relocate) 1 EA @ $1,300.00 /EA = $1,300 BARRICADF(L =16) 1 EA @ $800.00 /EA = $800 MIRROR AVENUE X76,063 P.3 9 Jun it :fti U`t:e'P t'UDl1C Wor'KS l* /lZJ l n'tG P -`} SUBDIVI SIONIMPROVFMFN7YAGRE,EMFNT , FXNYBIT "B" SUBDIVISION NAME: LAREDO AT LAKESHORE, A SPECIAL AREA PLAN PHASE 1 DEVELOPER: PANNUNZIO, INC. ENGINEER: NORTHSTAR ENGINEERING AND SURVEYING, INC. STREETS (OTTAWA JANE) Asphalt (3" Asphalt on 9" Base) 419 Sy @ $13.80 /SY = $5,782 Curb and Gutter 218 LF @ $7.80 /LF = $1,700 WATER 8" PVC Water Maln 137 LF @ $28.67 JLF = $3,928 Permanernt Blowoff 1 EA @ $600.00 /EA = $600 SANITARY SEWER: 8" PVC Sewer Maln 12S LF a $22.00 /LF = $2,750 48" DIA. MANHOLE 1 EA @ $1,400.00 JEA = $1,400 STORM SEWER 18" HDPE Pipe 96 LF @ $29.00 JLF = $2,784 Type "S" Inlet L =6' 1- @ $2,200.00 /EA = $2,200 Type "W" Inlet 1.4' 1 EA @ $2,600.00 /EA = $2,600 Type I -8 Manhole 1 EA @ $1,600.00 /EA = $1,600 TYPE III BARRICADE (L =160 1 EA @ $800.00 /EA = $800 OTTAWA LANE $26,f44 10 Jun 11 98 04:22p Public Works 17191 542 -6244 S U B D I WI S 7O N IMPROVEMENTS A G R E E M EN T EXHI6ttT ^B" SUBDIVISION NAME: LAREDO AT LAKESHORE, A SPECIAL AREA PLAN PHASE i DEVELOPER: PANNUNZIO, INC. ENGINEER: NORTHSTAR ENGINEERING AND SURVEYING, INC- SITE GRADING 73600 CY @ $2.00 ICY = $147,200 MI Striping 1 LS @ $3,000.00 AS = $3,000 Removal of Striping 1 LS @ $3,000.00 /LS = $3,000 Traffic Control 1 LS @ $2,800.00 /LS = $2,800 Guard Rail 1 LS @ $3,000.00 /IS = $3,000 Signage 4 LS a $500.00 /LS = $2,000 18" Poly Pipe 156 LF @ $29.00 /LF = $4,524 4' Concrete Pan 3389 LF @ $12.80 /LF = $43,379 Cross pan (Ontario- Demolish) 1 EA @ $300.00 /LF = $300 Handicap Ramps (Ontario) 464 SF @ $3.50 /LF $1,624 Curb and Gutter (Ontario) 48 LF @ $7.80 /LF = $374 OFF—SITE GRADING 4200 CY @ $2.00 ICY = $8,400 Re- vegetation 1.2 AC @ $12,000.00 /AC = $14,400 OFF WATER 12" PVC Water Main 330 LF @ $28.67 /LS = $9,461 8" PVC Water Main 36 LF C $28.67 /LS = $1,032 SIRE Access Road- 4" Crushed Rock 307 SY @ $25.00 ISY = $7,675 NORM SEWER 8" Poly Pipe 23 LF @ $22.00 /LF = $506 30" Poly Pipe 1.05 LF @ $50.00 /LF = $5,250 6' Concrete Pan 106 LF @ $22.00 /LF = $2,332 Outlet Structure 1 EA @ $12,000.00 /EA = $12,000 Rip Rap 202 CY @ $50.00 /CY = $10,100 Concrete Pad 7600 SF @ $3.50 /SF = $26,600 Re- vegetatlon 1.5 AC@ $12,000.00 /AC = $18,000 PHASE IL TOTAL $677,545 This is an estimate only. Actual construction costs may vary. This estimate may not include all constrmlion costs, PREPARED BY: D. STRAVIA FIRM: NORTHSTAR ENGINEERING AND SURVEYING, INC. REVIEWED BY: CITY OF PUEBLO p.5 11 jun i l tid Wt: GGP r'uol to WorKS S U B D I V ISI O H I M PR O V E M EN T S A G R EE M E& T .EXHIBIT T SUBDIVISION NAME: LAREDO AT LAKESHORE, A SPECIAL AREA PLAN PHASE 2 DEVELOPER: PANNUNZIO, INC. ENGINEER: NORTHSTAR ENGINEERING AND SURVEYING, INC. STREETS (MIRROR AVENUE Cut Asphalt Asphalt Patch CORM SEWER 24" HDPE Pipe Type I -B Manhole WUW_ 1107 - �� i EA @ $1,000.00 /EA = $1,000 233 SY @ $25.00 /SY = $5,825 110 LF @ $36.00 JLF- = $3,9W 1 EA @ $1,600.00 /EA = $1,600 1 EA c@ $1,300.00 JEA = $1,300 MIRROR AVENUE 13 685 P. o 12 Jun 11 98 04:22p I Public Works (7181 542 -8244 p -7 S U B D 3 V I5I0 N IM PR 4 YE M E N TS A G R EEM EN T A XHIBIT "B" SUBDMSIOPI NAME: LAREDO AT LAKESHORE, A SPECIAL AREA PLAT! PHASE 2 DEVELOPER: PANNUNZIO, INC. ENGINEER: NORTHSTAR ENGINEERING AND SURVEYING, INC. STREETS (LYINNIE.EG STREET) Asphalt (3" Asphalt on 9" Base) 3674 SY @ $13.80 JSY = $50,701 Curb and Gutter 1991 LF @ $7.50 /LF = $15,530 Asphalt Cut 1 EA @ $800.00 /EA = $800 Asphalt Patch 50 SY CCD $25.00 /SY = $1,250 Handicap Ramps 928 SF @ $3.50 /SF = $3,248 Cross Pan (Replace) 269 SF @ $3.80 /SF = $1,022 VIATER 6" PVC Water Main 185 LF @ $28.67 /LF = $5,304 8 PVC Water Main 794 LF @ $28.67 /LF = $22,764 Fire Hydrant As5'y. 1 EA @ $1,800.00 /EA = $1 5erAces 53 EA @ $480.00 /EA = $25,440 Pernzanent Blowo€I 1 EA @ $600.00 /EA = $600 8 PVC Sewer Main 954 LF @ $22.00 JLF = $20,988 48" Manholes 4 EA @ $1,400.00 /EA = $5,600 Services 53 EA @ $575.00 JEA = $30,475 STORM SEWER 15" HDPE Pipe 36 LF @ $27.00 /LF = $972 19"x30" ELLIPTICAL RCP 56 LF @ $50.00 /LF = $2,800 24' HDPE Pipe 214 LF @ $36.00 JLF = $7,704 Type "S" Inlet L =6' 1 EA C@ $2,200.00 /EA = $2,200 Type "S" Inlet L =T 1 EA @ $2,400.00 /EA = $2,400 Type "S" Inlet L =10' 1 EA @ $3,000.00 /EA = $3,000 Type I- B Manhole 1 EA @> $1,600.00 /EA = $1,600 STREET LIGHTS 3 EA @ $1,300.00 /EA = $3,900 MONUMENTS 3 EA @ $575.00 /EA " $1,725 WINNIPEG STREET $211,823 13 Jun 11 98 04:22p Public Works [7191 542 -6244 p.8 S U B D 114M O N I M P R O V EMEN TS A G R F F. M FN T EXHIBIT "B" SUBDMSION NAME: LAREDO AT LAKESHORE, A SPECIAL AREA PLAN PHASE 2 DEVELOPER: PANNUNZIO, INC. ENGINEER: NORTHSTAR ENGINEERING AND SURVEYING, INC. STREETS (OTTAWA LAN Asphalt (3" Asphalt on 9" Base) Curb and Gutter _WATER 8" PVC Water Main Fire Hydrant Ass'y. SANITARY SEWER: 8" PVC Sewer Main STORM SEWER 15" HDPE Pipe 18" HDPE Pipe Type "S" Inlet L =5 Type I -B Manhole 400 SY Co) $13.80 /SY = $5,520 184 LF @ $7.80 /LF = $1,435 132 LF @ $28.67 /LF = $3,784 1 EA @ $1,800.00 /EA = $1,800 120 LF @ $22.00 /LF = $2,640 6 LF @ $27.00 /LF = $162 87 LF @ $29.00 /LF = $2,523 1 EA @ $2,000.00 /EA = $2,000 1 EA @ $1,600.00 /EA = $1,600 OTTAWA LANE IA 65 PHASE 2 TOTAL, $246,973 This Is an estimate only. Actual construction costs may vary. This estimate may not include all construction costs. PREPARED BY: D. STRAVIA FIRM: NO ENGINEERING AND SURVEYING, INC. REVIEWED BY: CITY OF PUEBLO 14 Jun 11 au ua:cjp runiic worKS t III o- rc- oc-r -r F.n SIJBDIVIZOX IMPRO VEMEKT.S'AGREEMEAT EXHIBIT 'B SUBDIVISION NAME: LAREDO AT LAKESHORE, A SPECIAL AREA PLAN PHASE 3 DEVELOPER: PANNUNZIO, INC. ENGINEER: NORTHSTAR ENGINEERING AND SURVEYING, INC. STREETS ( ONTARIQ STOM Asphalt (3" Asphalt on 9" Base) 3381 SY @ $13.80 /SY = $46,658 Curb and Gutter 1732 LF @ $7.80 /LF = $13,51(f Handicap Ramps 464 SF @ $3.50 /SF = $1,624 R & R Existing Curb Return 24 LF @ $25.00 JLF = $600 Asphalt Cut 1 EA @ $800.00 JEA = $800 Asphalt Patch 125 SY $25.00 JSY = $3,125 WATER 8" PVC Water Main 905 LF @ .$28.67 /LF = $25,946 Fire Hydrant Ass'y. 2 EA @ $1,800.00 /EA = $3,600 Services 47 EA @ $480.00 /EA = $22,560 SANITARY SEY/ER; 8" PVC Sevrer Main 863 LF @ $2100 JLF = $18,966 8" DIP Sewer Main 85 LF @ $29.00 /LF = $2,465 48" Dia. Manholes 3 EA @ $1,400.00 /EA = $4,200 Services 47 EA @ $575.00 /EA = $27,025 STORM SEWER 15" HDPE Pipe 77 LF @ $27.00 /LF = $2,079 18" HDPE Pipe 307 LF @ $29.00 /LF = $8,903 24" HDPE Pipe 275 LF @ $36.00 JLF = $9"900 Type "S" Inlet L =7 1 EA @ $2,400.00 JEA = $2,400 . Type "S" Inlet L =8' 1 EA @ $2,600.00 /EA = $2,600 Type "W" Inlet L=$' 2 EA @) $2,600.00 JEA = $5,200 Type I- B Manhole 2 EA @ $1,600.00 /EA = $3,200 STREET LIGHTS 2 EA @ $1,300.00 /EA = $2,600 ONTARIO STREET 15 Jun 11 38 04:23p Public Works ( 71y1 542 -6244 P. 1U SUBDMS.t'ON IMPROVEMENTS AGREEMENT EYH.FBIT °B" SUBDIVISION NAME: LAREDO AT LAKESHORE, A SPECIAL AREA PLAN PHASE 3 DEVELOPER: PANNUNZIO, INC. ENGINEER: NORTHSTAR ENGINEERING AND SURVEYING, INC. STREETS (TORONTO STREET) Asphalt (3 "Asphalt on 13 "Base) 1419 SY @ $17.40 /SY = $24,691 Curb and Gutter 640 LF @ $7.80 /LF = $4,992 MTE 8' PVC Water Maln 340 LF @ $28.67 /LF = $9,748 Services 9 EA @ $4$0.00 /EA.= $4,320 STORM SEWER 15" HDPE Pipe 6 LF @ $27.00 /LF = $162 18" HDPE Pipe 184 EA @ $29.00 /EA = $5,336 Type 1 -13 Manhole 1 EA @ $1,600.00 /EA = $1,600 SANITARY SEWER: 8' PVC Sewer Main 312 LF @ $22.00 /LF = $6,864 48" Dia. Manholes 3 EA @ $1,400.00 /EA = $4,200 Services 9 EA @ $575.00 /EA - $5,175 STREET LIGHTS 1 EA @ $1,300.00 /EA - $1,300 MONUMENTS 1 EA @ $575.00 /EA = $575 BARRICADE (L =16) 1 EA @ $$00.00 /EA - $800 TORONTO STREET $69,762 PHASE 3 TOTAL 277 743 This is an estimate only. Actual construction costs may vary. This estimate may not include all construction costs. PREPARED BY: D. STRAVIA FIRM: NO AR NGINEERING AND SURVEYING, INC. REVIEWED BY: g.?? d CITY OF PUEBLO 16 Jun 11 98 04:23p Public Works (?IS) 542 -6244 p.11 SUBDIVISION JNPROVEMENTS A GREENEN T fXIlIBIT 'B" SUBDMSION NAME: LAREDO AT LAKESHORE, A SPECIAL AREA PLAN DEVELOPER: PANNUNZIO, INC. ENGINEER: NORTHSTAR ENGINEERING AND SURVEYING, INC. STREETS (ONTARIO STREET) Asphalt (3" Asphalt on 9" Base) •3381 SY @ $13.80 /Sf $46,658 Curb and Gutter 1780 LF @ $7.80 /LF $13,884 ,Cross Pan (Demolish) 1 EA @ $300.00 JEA $300 Handicap Ramps 928 SF @ $3.50 /SF $3,258 R & R Existing Curb Return 2.1 LF @ $25.00 /U` $600 Asphalt Cut 1 EA @ $800.00 /EA $800 Asphalt Patch 125 SY @ $25.00 /Sl $3,125 WAII R 8" PVC Water Maln 905 LF @ $28.67 JLF $25,946 Fire Hydrant Ass'y. 2 EA @ $1,800.00 /EA $3,600 Services 47 EA @ $480.00 /EA $22,560 SANITARY SEWER 8" PVC Sewer Main 863 LF @ $22.00 /LF $18,986 8" DIP Sewer Maim 85 LF @ $29.00 /LF $2,465 48" Manholes 3 EA @ $1,400.00 /EA $4,200 Services 47 EA @ $575.00 /EA $27,025 STORM SEWER 15" HDPE Pipe 77 LF @ $27.00 /LF $2,079 18" HDPE Pipe 307 LF @ $29.00 /LF $8,903 24" HDPE Pipe 275 LF @ $36.00 /LF $9,900 Type "S" Inlet L =7' 1 EA @ $2,400.00 /EA $2,400 Type "S" Inlet L =8' 1 EA @ $2,600.00 /EA $2,600 Type "vlr Inlet L =8' 2 EA @ $2,600.00 /EA $5,200 Type I- B Manhole 2 EA @ $1,600.00 /EA $3,200 2 EA @ $1,300.00 /EA $2,600 TOTAL (ONTARIO Sr.) $210,279 17 Jun 11 98 04:24p Public Works 17191 542 -6244 p.12 SUBDIVISION IMPROVEMENTS AGREEMENT FXH='B" SUBDIVISION NAME: LAREDO AT LAKESHORE, A SPECIAL AREA PLAN DEVELOPER: PANNUNZIO, INC. ENGINEER: NORTHSTAR ENGINEERING AND SURVEYING, INC. STREETS (MIRROR AVENUE) Cut Asphalt 2 EA @ $1,000.00 /EA $2,000 Asphalt Patch 697 SY @ $25.00 /SY $17,425 Asphalt Overlay - 1" 2850 SY @1 $3.30 /SY $9,405 Demolish Ex. Improvements 1 LS @ $2,000.00 /LS $2,400 TYPE III BARRICADE (L =16') 1 Ell @ $300.00 /EA $800 MRM SBNER 15" HDPE Pipe 17 LF @ $27,00 /LF $459 24" HDPE Pipe 240 LF @ $36.00 /LF $8,640 42" RCP Pipe 370 LF @ $35.00 /LF $31,450 'Type "S" Inlet L =8' 1 EA @ $2,600.00 /EA $2,600 Type *S" Inlet L =7' 1 EA @ $2,400.00 /EA $2,400 Type I -13 Manhole 5 FA @ $1,800.00 /EA $9,000 42" FES 1 EA @ $1,000.00 /EA $1,000 Rip Rap 11 CY @ $50.00 /CY $550 STREET LIGHTS 1 EA @ $1,300.00 /EA $1,300 STREET LTGHn (Relocate) 1 EA @ $1,300.00 /EA $1,300 TOTAL (MIRROR AVE.) 90 324 18 Jun 11 98 04:24p Public Works ( ?19) 542 -6244 p.13 SUBDIVIS70N 1'MPROVEMENTSAGRaMENT EXHIBIT '6" SUBDIVISION NAME: LAREDO AT LAKESHORE, A SPECIAL AREA PLAN DEVELOPER: PANNUNZIO, INC. ENGINEER: NORTHSTAR ENGINEERING AND SURVEYING, INC. STREETS(ACERO AVENUE Asphalt (3" Asphalt on 14" Base) 3931 SY @ $18.30 /SY $71,937 Curb and Gutter 2039 LF @ $7.80 /LF $15,904 Cross Pan (Demolish) 1 EA @ $300.00 JEA $300 Handicap Ramps 1392 SF @ $3.50 /SF $4,872 R & R Existing Curb Return 24 LF @ $25.00 /LF $600 /Ksphalt Cut 1 EA @ $800.00 JEA $800 Asphalt Patch 50 SY @ $25.00 /SY $1,250 WATER 8" PVC Water Main 36 LF @ $28.67 /LF $1,032 12" PVC Water Main 1110 LF @ $28.67 /LF $31,824 Fire Hydrant Ass'y. 3 EA @ $1,800.00 /EA $5,400 Services 50 1=A @ $480.00 /EA $24,000 Permanent Blowoff 2 EA @ $600.00 /EA $1,200 SANITARY SEWER Services 50 EA @ $575.00 /1A $28,750 Adjust Existing M.H. to Grade 1 EA @ $300.00 /EA $300 S'['ORM SEWER 15" HOPE Pipe 94 LF @ $27.00 AF $2,538 24" HDPE Pipe 218 LF @ $36.00 /LF $7,643 27" PVC Pipe 347 LF @ $42.00 /LF $14,574 36" HDPE Pipe 225 LF @ $60.00 /LF $13,500 Type "W" Inlet L =8' 2 FAO $2,600.0 /FA $5,200 Type "S" Inlet L =8' i EA @ $2,600.00 /EA $2,600 Type "S" Inlet L =9' 1 EA @ $2,800.00 /EA $2,800 Type I- B Manhole 3 EA @ $1,600.00 /EA $4,800 STREET LIGHTS 4 EA @ $1,300.00 /EA $5,200 MONUMENTS 2 EA @ $575.00 JEA $1,150 TOTAL(ACERO AVE.) $248,379 19 Jun 11 98 04:24p Public Works (?IS) S42 -6244 SUBDIVISION IMPROVEMENTS AGREEMENT E7l'HIBIT "B" SUBDIVISION NAME: L*TDO AT LAKESHORE, A SPECIAL AREA PLAN DEVELOPER: PANNUNZIO, INC. ENGINEER: NORTHSTAR ENGINEERING AND SURVEYING, INC. STREETS (WINNIPEG STREET) Asphalt (3" Asphalt on 9" Base) 3674 SY @ $13.60 /SY $50,701 Curb and Gutter 1991 LF @ $7,80 /LF $15,530 Asphalt Cut 1 EA @ $800.00 JEA $800 Asphalt Patch 50 SY @ $25.00 /SY $1,250 Handicap Ramps 928 SF @ $3.50 JSf= $3,248 Cross Pan (Replace) 269 SF @ $3.80 /SF $1,022 VVY TER 6" PVC Water Main 185 LF @ $28.67 /LF $5,304 8" PVC Water Main 794 LF @ $28.67 /LF $22,764 Fire Hydrant Ass 1 EA @ $1,600.00 /EA $1,800 Services 53 EA @ $480.00 /EA $25,440 Permanent 8lowolf 1 EA @ $600.00 /EA $600 SANTTARY SEWER 8" PVC Sewer Main 954 LF @ $22.00 /LF $20,988 48" Manholes 4 EA @ $1,400.00 /EA $5,600 Services 53 EA @ . $575.00 JEA $30,475 STORM SEWER 15" HDPE Pipe 36 LF @ $27.00 /LF $972 19" x 30" ELLIPTICAL RCP 56 LF @ $50.00 /LF $2,800 24 "HDPE Pipe 214 LF @ $36.00 /LF $7,704 Type "S" Inlet L =6' 1 EA O $2,200.00 /EA $2,200 Type 'S" Inlet L =7' 1 EA @ $2,400.00 JEA $2,400 Type "S" Inlet L =10' 1 EA @ $3,000.00 /EA $3,000 Type I- B Manhole 1 EA @ $1,800.00 /EA $1,800 STREET LIGHTS 3 EA @ $1,300.00 /EA $3,900 MONUMENTS 3 EA @ $575.00 JEA $1,725 TOTAL(WINNIPEG ST.) 212 023 s p.14 20 Jun 11 98.04:25p Public Works (719) 542 -6244 S U B D X YI SIO N I M PR O{ rE1 N EM S A G R EE M E N T EXHIBIT "B" SUBDIVISION NAME: LAREDO AT LAKESHORE, A SPECIAL AREA PL&N DEVELOPER: PANNUNZIO, INC. ENGINEER: NORTHSTAR ENGINEERING AND SURVEYING, INC. STREETS (OTTAW Asphalt (3" Asphalt on 9" Base) 819 SY @ $13.80 /SY $11,302 Curb and Gutter 902 LF (D $7.80 /LF $3,136 W_ ATET 8" PVC Water Main 269 LF @ ;25.67 /LF $7,712 Eire Hydrant Ass'y. 1 EA @ $1,800.00 /EA $1,800 SANITARY SEWER- S" PVC Sewer Main 245 LF @ $22.00 /LF $5,390 48" DIA. MANHOLE 1 EA @ $1,400.00 /LF $1,400 STORM SANER 15" HDPE Pipe 6 LF @ $27.00 /LF $162 18" HOPE Pipe 183 LF @ $29.00 /LF '$5,307 Type "57 Inlet L =6' i EA @ $2,200.00 /EA $2,200 Type "S' Inlet L =S' 1 EA @ $2,000.00 /EA $2,000 Type "W" In)d L =8' 1 EA @ $2,600.00 JEA $2,600 Type I -B Manhole 2 Ell @ $1,800.00 JEA $3,600 TOTAL (OTTAY'IA LANE) $46,609 21 Jun 11 98 04:25p Public Works (719) 542 -6244 p.16 SUBDMSXON .rMPRO V �� EMENTSAGREEMENT WlI7�B1 f B SUBDIVISION NAME: LAREDO AT LAKESHORE, A SPECIAL AREA PLAN DEVELOPER PANNUW JO, INC. ENGINEER: NORTHSi'AR ENGINEERING AND SURVEYING, INC, STREETS (TORONTO STREET) Asphalt (3 "Asphalt on 13`Base) 1419 SY @ $17.40 /S! $24,691 Curb and Gutter 640 LF @ $7.80 /LF $4,992 WATER 8" PVC Water Main ` 376 LF @ $28.67 JLF $10,780 Servkes 9 EA @ $1}80,00 JEA $4,320 Permanent Blowoff 1 EA @ $600.00 JEA $600 SANITARY SEWER B" PVC Sewer Main 312 LF @ $22.00 JLF $6,864 48" Manhoies 3 EA @ $1,400.00 /EA $4,200 Services 9 EA @ $575.00 )EA $5,175 STORM SEWER 15` HDPE Pipe 6 LF @ $27.00 JLF $162 18" HDPE Pipe 189 EA @ $29.00 /EA $5,336 Type 18 Manhole 1 EA @ $1,600.00 /EA $1,600 STREET LIGHTS 1 EA @ $1,300.00 /EA $1,300 MONUMUITS 1 EA @ $575.00 /EA $575 TYPE III BARRICADE (L =16') 1 EA @ $800.00 /EA $800 TOTAL (TORONTO ST.) $71,395 22 Jun 11 Be 04:2Gp Public Works (719) 542 -6244 p-17 SUBDIYTSION IMPRO EEME fX 1.1a / �" SUBDIVISION NAME: LAREDO AT LAKESHORE, A SPECIAL AREA PLAN DEVELOPER: PANNUNZIO, INC. ENGINEER: NORTHSTAR ENGINEERING AND SURVEYING, INC. ;w - *T L% " MI Striping Removal of Striping Tratfic Control Guard Rail Signage 18" Poly Pipe 4' Corxrete Pan OFF —SITE GRADINQ Re vegetation OFF -SITE WATER 12" PVC Water Main 8" PVC Water Main STR 75 Access Road- 4" Crushed Rock Qo SE WER 8" Poly Pipe 30" Poly Pipe 6' Concrete Pan outlet Structure Rip Rap Concrete Pad Re- vegetation 73600 CY @ $2.00 ICY $147,200 1 LS @ $3,000.00 As 1 LS @ $3,000.00 /LS 1 LS @ $2,800.00 /LS 1 LS @ $3,000.00 /LS 4 LS @ $500.00 /LS 156 LF @ $29.00 /LF 3389 LF @ $12.80 /LF 4200 CY @ $2.00 ICY 1.2 AC p@ $12,000.00 JAC $3,000 $3,000 $2,800 $3,000 $2,000 $4,524 $43,379 $8,400 $14,400 330 LF @ $28.67 /LF 36 LF @ $28.67 /LF 307 SY @ $25.00 /SY 23 LF @ $22.00 /LF 105 LF @ $50.00 /LF 106 LF ,1 $22.00 /LF 1 EA @ $12,000.00 /EA 202 CY @ $50.00 /CY 7600 SF @ $350 /SF 15 AC @ $12,000.00 /AC TOTAL PROJECT $9,461 $1,032 $7,675 $506 $5,250 $2,332 $12,000 $10,100 $26,600 $18,000 1 203 674 This is an estimate only. Actual construction costs may vary. This estimate may not include all construction costs. PREPARED BY: D. STRAVIA FIRM: NO AND SURVEYING, INC. REVIEWED BY: CITY OF PUEBLO 23