Loading...
HomeMy WebLinkAbout08924ORDINANCE NO. 8924 AN ORDINANCE APPROVING AN AMENDMENT TO THE ANNEXATION AGREEMENT FOR THE AREA COMMONLY KNOWN AS REGENCY PARK WEST, AS APPROVED BY ORDINANCE NO. 7001, AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The Amendment amending the Annexation Agreement approved by Ordinance No. 7001, a copy of which is attached hereto, having been approved as to form by the City Attorney, is hereby approved. SECTION 2. The President of the City Council is authorized to execute the Amendment in the name of the City and the City Clerk is directed to affix the seal of the City thereto and attest same. Upon execution and acknowledgment of the Amendment by all parties thereto, the City Clerk shall record the executed and acknowledged Amendment in the records of the Pueblo County Clerk and Recorder. SECTION 3. This Ordinance shall become effective immediately upon passage and approval. INTRODUCED: September 14, 2015 BY: Ed Brown PASSED AND APPROVED: September 28, 2015 City Clerk’s Office Item # R-7 BACKGROUND PAPER FOR PROPOSED ORDINANCE COUNCIL MEETING DATE: September 14, 2015 TO: President Stephen G. Nawrocki and Members of City Council CC: Sam Azad, City Manager VIA: Gina Dutcher, City Clerk FROM: Steven Meier, Director of Planning and Community Development SUBJECT: AN ORDINANCE APPROVING AN AMENDMENT TO THE ANNEXATION AGREEMENT FOR THE AREA COMMONLY KNOWN AS REGENCY PARK WEST, AS APPROVED BY ORDINANCE NO. 7001, AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME SUMMARY: Attached is an Ordinance for City Council consideration that will amend the Annexation Agreement for the Regency Park West area concerning the funding and timing of recreational trail improvements within the residential development. PREVIOUS COUNCIL ACTION: On June 9, 2003, City Council approved Ordinance No. 7001 annexing the Regency Park area into the City and approving an Annexation Agreement associated therewith. BACKGROUND: As proposed, the property owners and developer request approval to phase recreational trail improvements associated with the residential subdivision’s public improvements. The remaining trail improvements will be divided into four (4) phases of construction triggered for completion at the respective 12, 36, 52and 54building permits. ththnd th FINANCIAL IMPLICATIONS: No direct financial impact to the City. BOARD/COMMISSION RECOMMENDATION: Not applicable. STAKEHOLDER PROCESS: Not applicable. ALTERNATIVES: Not applicable. RECOMMENDATION: Approval of the Ordinance. Attachments: Amendment to Annexation Agreement Case No. A-02-05 re: OdinanCe 8924 2020070 AM AGR 10/29/2015 03:28:21 PM - Page: 1 of �0 R 56.00 D 0.00 T 56.00 Gilbert Ortiz Clerk/Recorder, Pueblo County, Co III EiPd�ilindahia'al �� � ®III AMENDMENT TO ANNEXATION AGREEMENT CASE NO. A-02-05 This Amendment to the Annexation Agreement, Case No. A-02-05 (the "Amendment") entered into as of SGii 7' , 20'3, by and between the City of Pueblo, a Municipal Corporation, (the "City") and Christine Hudspeth Pohja, Lee Ann Gottfried, Melanie Mellenbruch, Jaime Hudspeth, Phil K. Hudspeth IV, and Polly Kay Venard, individuals, the Kerry L. Lorincz 1989 Revocable Trust, a California Revocable Trust, Top Land Development at West Lee Hills, LLC, a Colorado limited liability company, and Top Land Development, LLC, a Colorado limited liability company (herein, collectively, the "Petitioners"), WITNESSETH WHEREAS, the term "Property" as used herein means and includes the real property described in Exhibit A to the Annexation Agreement, Case No. A-02-05, dated June 9, 2003 and recorded August 4, 2003 at Reception No. 1517522 in the office of the Pueblo County Clerk and Recorder(the "Annexation Agreement") WHEREAS, Petitioners represent and warrant that they are the owners in fee simple of all property located within Phases 1 b, 2, 3 and 4 of the Master Plan referred to in the Annexation Agreement. WHEREAS,. the Petitioners have requested certain amendments be made to the Annexation Agreement in order to assist Petitioners in proceeding with its development of the annexed property, and City is willing to amend the Annexation Agreement for such purposes upon the terms and conditions hereinafter set forth. NOW THEREFORE, in consideration of the foregoing and mutual covenants contained herein, Petitioner and City agree as follows: 1. Section 6. of Exhibit C, Special Improvements, Dedications, and Impact Fees, Regency Park West Annexation Agreement, Case No. A-02-05 is hereby amended to read as follows: 6. Trail Right-of-Way Dedication and Construction a. General. Petitioners shall within one-hundred and eighty (180) days of the date of the amended annexation agreement, dedicate or cause to be dedicated the remaining portion of the 20' wide recreational trail right-of-way along the banks of the two arroyos,providing for both a • surface crossing and a possible future trail underpass below Lehigh Avenue, connecting to the City's Hudspeth Park property and a crossing of the north and south arroyo, as shown on attached Exhibit C-3. The right-of-way shall be located outside the prudent line setback of the 100- year flood plain paralleling the arroyos, except for the portion of the right-of-way that passes across the Goodnight Arroyo connecting the trails and the section of the right-of-way that could be utilized for a future trail underpass below Lehigh Avenue. The alignment of the trail right-of- 2020070 AM AGR 10/29/2015 03:28:21 PM Page: 2 of �0 R 56.00 D 0.00 T 56.00 Gilbert Ortiz Clerk/Recorder, Pueblo County, Co III PA4I :14'1PACCIPNl111,4b,144, 11111 way shall be acceptable to the City's Director of Parks and Recreation. The Petitioners shall be responsible for all costs incurred for the dedication of the trail right-of-way to the City. b. Phase 1 a. Petitioner shall construct the 10' wide concrete Recreational Trail for Phase 1 a of the Master Plan, as depicted in Exhibit C-3 hereto, not later than December 31, 2013. If the Recreational Trail identified for Phase 1 a is not constructed and completed by said date, no building permits shall be issued for construction of lots within Phase 1 b of the Master Plan. c. Deadlines for Phases 1 b, 2, 3 and 4. Petitioners shall, not later than the issuance of the building permit identified in the table below for construction of a primary structure upon lots located within each Master Plan Phase, as shown on the attached Exhibit C-3, construct at its sole expense the corresponding portion of the 10' wide concrete Recreational Trail as shown on Exhibit C-3 within the dedicated trail right-of-way between the north and south boundaries of the Property. Master Plan Phase Building Permit Number within Phase l b 12th 2 36th 3 52nd 4 54th d. Construction Requirements; Building Permit Moratorium. The construction of the recreational trail as shown on Exhibit C-3 must be in compliance with the City's standard construction specifications and standard details then in effect, and in an alignment as shown on plans and profiles approved by the Director of Public Works. If the concrete trail is not constructed within said period, all then existing and outstanding building permits for construction within the property, except those building permits under which actual construction commenced prior to the expiration of said period, shall be canceled, and no new building permits shall be issued for the applicable Phase and any subsequent Phase. e. Escrow. (A) Escrow Requirements. In addition to the requirements and limitations set forth in subsections a through d above, in order to assure funding for the installation and construction of the Recreational Tail for Phases 1 b, 2, 3 and 4 by the developer of those Phases of the Master Plan Area, a specified amount upon the sale of each residential lot and acre of 2020070 AM AGR 10/29/2015 03:28:21 PM • Page: 3 of i0 R 56.00 D 0.00 T 56.00 Gilbert Ortiz Clerk/Recorder, Pueblo County, Co • « I4121ra ,J M 0114, MIIII commercial land within said Phases lb, 2, 3 and 4 of the Master Plan Area shall be deposited into an interest bearing escrow account with the City. The developer of each said Phase shall enter into an Escrow Agreement with the City for the purpose of establishment of the Escrow Account and deposit of such amounts. The developer shall deposit into the Escrow account $425 for each one (1) lot and $1,150 for each acre of commercial land (pro-rated for parcels of less than one acre) sold by developer or developer's successors in interest. The amount to be deposited shall be deposited at the time of the initial sale of each lot or acre in an approved subdivision, special area plan or planned unit development, whether by individual lot or acre, or multiple lots or acres, or en mass. No building permit will be issued for any residential lot or commercial land within Phases lb, 2, 3 or 4 of the Master Area Plan until the required deposit thereof has been made. The agreement for the escrow account shall be in substantially the same form and content as the Escrow Agreement attached as Exhibit "C-4" hereto. Funds deposited in the escrow account and all earnings thereon shall be used solely for the construction and installation of the Recreation Trail. The Recreation Trail segments and their estimated costs are set forth in attached Exhibit "C-5". (B) Deposit Adjustment. On January 1, 2014 and on January 1 of each subsequent year, the amounts to be deposited per lot and per acre shall be increased or decreased by a percentage equal to the percentage increase or decrease of the Consumer Price Index for the preceding year. The Consumer Price Index shall be the Consumer Price Index (CPI) for All Urban Consumers for Denver — Boulder — Greeley (CPI-U) published by the Bureau of Labor Statistics of the United States Department of Labor (the "Bureau"). If the Bureau ceases to publish the CPI-U or materially changes its computation, the City shall select a comparable alternate inflation index which reflects increases or decreases in cost of living published by a responsible financial periodical or recognized authority. (C) Release of Deposits. Fifty Percent (50%) of the deposits attributed to a Phase of the Master Plan shall be released to the developer upon completion and acceptance of the Recreation Trail improvements for such phase. The remaining 50% of the deposit shall continue to be retained in escrow until the Recreation Trail for all phases of the Master Plan have been completed and accepted by the City. 2020070 AM AGR 10/29/2015 03:28:21 PM Page: 4 of T0 R 56.00 D 0.00 T 56.00 Gilbert Ortiz Clerk/Recorder, Pueblo County; Co Fa :Mft I P 01111 01 Q WICi h 11111 (D) Use of Deposit on Default. In the event of default by developer in the installation of the Recreation Trail with respect to any Phase, the funds on deposit in the escrow account shall be first used by the City for the installation and construction of all or part of the Recreation Trail adjacent to Phase lb of the Master Plan Area. Thereafter, funds on deposit in the escrow account will be used for construction and installation of the Recreation Trail identified to each subsequent Phase from 2 through 4 of the Master Plan Area. If a dispute develops between the City's Director of Public Works ("Director") and Developer regarding the use of the funds in the escrow, developer shall submit to the Director and the City Manager a written notice specifying the existence and nature of the dispute. If the Director and developer are unable to resolve the dispute within thirty (30) days after developer's notice to the City, the City and the developer shall submit the dispute to a mutually acceptable qualified civil engineer for resolution by non-binding arbitration. All costs of such arbitration including the arbitrator's expenses and fees shall be shared equally by the City and developer provided the City and developer shall pay their own costs and expenses including attorney fees and expert witness fees associated with such arbitration. The decision of the non-binding arbitration shall be made within 120 days. If developer or the City refuse to accept the determination by non-binding arbitration, then the City Planning and Zoning Commission, after full consideration of the determination by non-binding arbitration and other such matters as it shall deem relevant, shall make a final determination. (E) Developer's Obligation. The obligation to install and construct the Recreation Trail is and at all times remains the obligation of the developer of the Master Plan Area and not the obligation of the City. If funds on deposit in the escrow account are inadequate for completion of the Recreation Trail, developer shall remain responsible for its completion. (F) Termination of Escrow. If developer for whatever reason ceases to be the developer of the Master Plan Area, developer's right, title and interest in and to the escrow account shall automatically terminate. (G) Release. The City shall release the individual lots and commercial land from the provisions of Section 6e of Exhibit C of the Amended Annexation Agreement upon payment of four hundred and twenty-five Dollars ($425) for each residential lot or one thousand one hundred and fifty Dollars 2020070 AM AGR 10/29/2015 03:28:21 PM Page: 5 of i0 R 56.00 D 0.00 T 56.00 Gilbert Ortiz Clerk/Recorder, Pueblo County, Co III IrrAlr' �� le `a rii:liNik MI II ($1,150) for each acre of commercial land. The Director of Public Works is authorized to execute and issue such releases in the name of the City. The release shall be in a form acceptable for recordation, including but not limited to the legal description of the specific property to be released. 2. The Annexation Agreement, as amended herein, shall continue in full force and effect, inuring to the benefit of and binding on Petitioners and City, and their respective successors and assigns, and shall be binding upon the Property and run with the land. o • cut; . 8,=,.lo, Colorado as of the day and year first above written. M� ��'�% / b. ' CITY OF PUEBLO a, , Its Munici.. • •.oration ..0 ,A ) j0/00 : .41110111:11-111'.---11.'"-- Att >> --- +-• : . Presi.en o e City Council .ifs APPROVED AS TO FORM: >a„,„..,,,P. . .4611,9 VA.'"---- City Attorney PETITIONERS: [ SEAL] C____- / ry PHIL K. HUDSPETH IV Attest: By Title CHRISTINE HUDSPETH POHJA [ SEAL ] By /� Attest: Phil K. udspeth IV, her Attorney in fact By Title LEE ANN GOTTFRIED [ SEAL ] By 7'2"--//- Attest: Phil K. Hudspeth IV, her Attorney in fact By Title MELANIE MELLENBRUCH [ SEAL] y------- Attest: Phil K. Hudspeth IV, her Attorney in fact By Title JAIME HUDSPE H [ SEAL] By Attest: Phil K. Hudspeth IV, her Attorney in fact By Title POLLY KAY VE ARD [ SEAL ] By U , Attest: Phil K. udspeth IV, her Attorney in fact By Title 2020070 AM AGR 10/29/2015 03:28:21 PM Page: 6 of 30 R 56.00 D 0.00 T 56.00 Gilbert Ortiz Clerk/Recorder, Pueblo County, Co 5G '4' Y L. LORINCZ 19! ' VOC• ! E TRUST, a C. ornia Revoc. e Trust [ SEAL ] By Attest: . y L. Lorincz, Trustee By Title TOP LAND D VELOPMENTVLLC By: _ STATE OF COLORADO ) ss. COUNTY OF PUEBLO ) The foregoing instrument was acknowledged before me this ay of 62{71e.rnbe.r, 20 E, by S ht.r'1 6. N pt,u}ro Cki as President of City Council and Gina. Du-i-e'he-r as City Clerk of Pueblo,a Municipal Corporation. Witness my hand and official seal. My commission expires: pa-14-.A01(.0 [ SEAL...'....'•. ,••��1.1OTAR �o: . Notary Public Pueuc Sr N EXPIRE 2020070 AM AGR 10/29/2015 03:28:21 PM Page: 7 of i0 R 56.00 D 0.00 T 56.00 Gilbert Ortiz Clerk/Recorder, Pueblo County, Co ��� 111116101111191140561 cl111101 111141 11111111141 MiII ' 2020070 AM AGR 10/29/2015 03:28:21 PM Pagge: 8 of i0 R 56.00 0 0.00 T 56.00 ' GilberP Ortiz Clerk/Recorder,cor;ar, P ��+�County,�G°I'1 � �� IIII ill ki�l nfAi tril r` I 1111 41 STATE OF CZ) i ) COUNTY OF , .0 ) ss. The foregoing instrument was acknowledged before me this day of j , , ' , 20 1`✓,by Phil K. Hudspeth N, an individual, and as attorney in fact for Chris e -.speth Pohja, Lee Ann Gottfried,Melanie Mellenbruch ,Jaime Huds'eth and Polly Ka Venard. JAYMI R MUCO Witness my hand and official seal Notary Public State of Colorado My commission expires: Qi t2700/ Notary ID 20104003298 M Commission E .it s Jan 27,2018 [ SEAL] I j-.)° •. o01#0f- ,41r4 4tary Pu.I. mal. STATE OF ) kk4-C/ COUNTY OF ) SS. (�zL The foregoing ins ent was acknowledged befor, me this day of , 20 ,by Kerry L. Lori , , Trustee for the Kerry L. L. ncz 1989 Revocable Trust, a ' alifornia Revocable Trust. Witness , y hand and official seal M commission expires: [ SE L] Nota , 'ublic STATE OF COLORADO ) COUNTY OF PUEBLO ) ss. The foregoing. instr ment was acknowledged before me this 12,, day of (�,(,(i , 20 15,by c��. _ CACi ��'LI as the 1' f\. l for Top Landvelopment,LLC. Witness myhand and official seal. RONI VIGIL NOTARY PUBLIC My commission expires: ` NOTARY STATE OF COL?,6 �;9P ID 2O030394/" , COMMISSION EXPIRES NOV,EMBER'19'2015 [ SEAL] Notary Public , __ 2020070 AM AGR 10/29/2015 03:28:21 PM t'!nr.t90°J1z1!1..10 ! rde°,04t1".. Pl,„T!, co IIIni:74110.111V111:10111'411:1116igliill 11111 KERRY L. LORIN-CZ 1989 REVOCABLE TRUST, a California / Revocable Trust [ SEAL ] Attest: By Ken L. orincz Trustee By Title • TOP LAND DEVELOPMENT,LLC By: Name: Title: STATE OF COLORADO COUNTY OF PUEBLO ) ss. The foregoing instrument was acknowledged before me this day of by -- a., President of City Council .n,1 as City Clerk of Pueblo,a Municipal Corporation. Witness my hand and official seal. My commission expires: [SEAL} Notary Public • CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE§1189 . ., * , : aOTAW.', mt.1074.P1WP4dti . . .. . 4E.'N A Notary Public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached,and not the truthfulness,accuracy or validity of that document. State of California County of San Benito ) On .j ( 2 I 20 15 before me, Dara C. Tobias,Notary Public, Personally appeared <i 'r L. vi Who proved to me on the basis of satisfactory evidence to be the person(e)whose names(8) is/are subscribed to the within instrument and acknowledged to me that .kelshe/they executed the same in his/her/their authorized ____.._____ capacity(i.es), and that by his/her/their signature('on the DARA C.TOBIAS commission•1987082 instrument the person(4, or the entity upon behalf of _Notary Public-California which the persons acted, executed the instrument. Nom' San Benito County _ �.x._ >�,: M Comm Ex fires Au. 3,2016 I certify under PENALTY OF PERJURY under the laws Li= of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. 4:66t Signature: Place Notary Seal Above ignature of Notary Pu lic 2020070 AM AGR 10/29/2015 03:28:21 PM Page: 10 of 10 R 56.00 D 0.00 T 56.00 Gilbert Ortiz Clerk/Recorder, Pueblo County, Co rd'P '� ri %110,0�� iiliV iifIII 4