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HomeMy WebLinkAbout05860Reception 1040578 04/08/1994 ORDINANCE NO. 5860 AN ORDINANCE APPROVING THE PLAT OF ROYALTY COURT SUBDIVISION BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that: SECTION 1. The final plat of Royalty Court Subdivision, being a Subdivision of land legally described as follows: All of Lots 5 and 6, Block 6 in Regency Park, 6th Filing according to the recorded plat thereof, filed for record February 9, 1977, containing 1.88 acres, is hereby approved. All dedicated streets, utility and drainage easements, rights -of -way and land set aside for public sites, parks and open spaces shown and dedicated on said plat are hereby accepted for public use. SECTION 2. The acceptance of such dedicated streets, rights- of -way, utility and drainage easements, public sites, parks and open spaces by the City does not obligate the City to maintain or repair same until such streets, rights -of -way, utility and drainage easements, public sites, parks and open spaces have been constructed and installed in compliance and in accordance with the requirements and provisions of Chapter 4, Title XII of the 1971 Code of Ordinances, as amended and any agree- ment entered into pursuant thereto. Book: 2724 Page: 933 Chris C. Munoz Page: 2 of 2 Pueblo Co.C1k.&Rec. SECTION 3. This ordinance shall become effective immediately upon final passage and approval. INTRODUCED February 28 , 1994 By FAY KASTELIC Councilperson APPROVE re ithe Co uncil TT; ST4 s ' •Ci.ty Clerk 12/27/93 Reception 1040575 04/08/1994 SUBDIVISION IMPROVEMENTS AGREEMENT THIS AGREEMENT made and entered into this 31 !E� day of E! — , 1994 , by and between the CITY OF PUEBLO, a Mu cipal Corporation, hereinafter referred to as "City," and PANN_UNZIO, INC., a Colorado Corporation hereinafter referred to as "Subdivider." W I T N E S S E T H: WHEREAS, Subdivider has subdivided or is about to subdivide a certain tract of land located in the City and legally described as set forth in Exhibit "A," which is attached hereto and incorporated herein; and WHEREAS, the Subdivider, as a condition of approval of the final plat of ROYALTY COURT, A SPECIAL AREA PLAN, wishes to enter into this Subdivision Improvements Agreement as authorized by Chapter 4, Title XII of the 1971 Code of Ordinances; and WHEREAS, Subdivider is required pursuant to Section 12- 4 -7(J) of the 1971 Code of Ordinances of the City to construct and install certain public improvements as set forth in Exhibit "B", which is attached hereto and incorporated herein; and WHEREAS, pursuant to Chapter 4, Title XII of the 1971 Code of Ordinances, Subdivider. is _ob "ligat.ed to provide security or: collateral sufficient In the judgment of the City Council, to make reasonable provisions for the construction and completion of the required public improvements set forth in Exhibit "B ". NOW THEREFORE in consideration of the following mutual covenants and agreements, the City and Subdivider agree as follows: 1. Subdivider agrees within one hundred and eighty (180) days after application for a building permit to construct any building or structure on any building site within the subdivision, or upon the issuance of a certificate of occupancy for any such building or structure, whichever is sooner, to construct and install at his sole cost and expense all of those public improvements set forth in Exhibit "B," which is attached hereto and incorporated herein. 2. In lieu of installing the required public improvements set forth in Exhibit "B" within one hundred eighty (180) days, Subdivider or any subsequent owner of the land or any portion thereof shall deposit cash or other collateral with the Director of Finance of the City, or with any bank or trust company licensed in the State of Colorado, subject to an escrow agreement approved by the City Attorney. The holder of such cash or collateral shall pay all or any portion thereof to the City upon demand after the time for completion of all required improvements by Subdivider or subsequent owner shall have expired. Such deposit or escrow agreement shall be hereinafter referred to as the "deposit." 3. The amount of the deposit shall be computed by the City's Director of Public Works by estimating the total costs of all uncompleted improvements required by this section within the block at the time application for building permit is -made. The amount of the deposit required by this alternative shall be not less than 25% of such estimate plus the costs of extending all required sewer and water lines from the nearest existing sewer and water lines to the proposed building site for which a building permit is sought, plus the costs of extending curb, gutter, Page one of four Boot: 2724 Page: 925 Chris C. Munoz Page: 2 of 6 Pueblo Co.C1t.&Rec. sidewalk and paving from the edge of the subdivision or existing improvements of a like nature whichever is nearer to the proposed building site. In any case where the block,, as hereinafter defined, shall exceed one thousand (1,000) feet in length between intersecting streets, the estimate of the City Director of Public Works under this paragraph may be reduced to the total costs of all uncompleted improve- ments in at least one -half of such block, and the required deposit shall be based upon such decreased estimate, provided, however, Subdivider shall undertake to provide a turnaround of at least sixty (60) feet in diameter at the mid -block point and barracade said streets so that no through traffic shall be permitted beyond the point to which the estimate of the Director of Public Works is based. 4. Within one hundred eighty (180) days after subsequent application for a building permit to construct any building or structure upon any building site within the block, or upon the issuance of a certificate of occupancy for any such building or structure, whichever is sooner, Subdivider shall likewise deposit an amount not less than the estimate of the Director of Public Works for all required improvements from existing improvements to the proposed building site, less any previous deposits made hereunder upon building sites lying between the most recently proposed site and existing improvement. 5. The City may treat the amount of such deposit as a debt due the City from Subdivider or subsequent owner, which debt shall be a lien upon all the land in the Subdivision and notice of lien may be filed for record in the office of the County Clerk and Recorder at any time after such default. Action upon such debt may be instituted by the City within six (6) years from the date of filing such lien for record. All remedies provided for herein are cumulative and the use of one shall not prohibit the use of another. 6. Upon payment of each such deposit, the City Director of Public Works shall release the proposed building site from the terms of this Agreement. 7. As a condition of approval of this Subdivision, and to meet the requirements of Section 12- 4-7(J) of the 1971 Code of Ordinances, Subdivider specifically agrees that no building permit or certificate of occupancy shall be issued by the Pueblo Regional Building Department until a certificate of compliance has been approved and issued by the City Director of Public Works and duly recorded in the Office of the Pueblo County Clerk and Recorder which certifies that those public improvements set forth in Exhibit "B," or that portion of said improvements as shall be necessary to totally serve specific lot(s) or block(s) for which building permits or certificates of occupancy are sought and which are covered by a particular certificate of compliance, have been properly designed, engineered, constructed, and accepted as meeting the specifications and standards of the City. These restrictions on the issuance of building permits and cert- ificates of occupancy shall run with the land and shall extend to and be binding upon the heirs, executors, legal representatives, successors and assigns of Subdivider and may be specifically enforced by the City. 8. Acceptance of this Subdivision by the City does not constitute an acceptance of the roads, park, and other public improvements for maintenance by the City. Until such roads and other park and public improvements have been installed and meet the requirements, standards, and specifications of the City, its Subdivision ordinances, and any applicable Parks Department specifications, and such are specifically approved and accepted in writing by the City Director of Public Works, and, if appropriate, the City Director of Parks and Recreation, the maintenance., construction, and all other matters pertaining to or affecting said roads, park and other public improvements and rights of way are the sole responsibility of the Subdivider or any subsequent owner(s) of the land within this Subdivision. Page two of four Book: 2724 Page: 926 Chris C. Munoz Page: 3 of 6 Pueblo Co.C1k.&Rec. 9. The required time for completion of all such improvements by Subdivider within such block shall be one (1) year from the date of application for the first building permit issued within such block. Upon completion and written approval and acceptance of such improve- ments within the required time and the payment of all inspection costs by Subdivider, the Director of Public Works shall cause all obligations of Subdivider relating to such improvements within such block to be released. If said improvements are not completed within the required time, the City Director of Public Works may cause the proceeds of all deposits or other collateral or monies in escrow to be used to complete the same. If sufficient monies are available at the end of the required time to complete all such improvements herein required for the entire length of such block, the Director of Public Works shall cause all collateral or monies in escrow to be reduced in cash- and shall deposit the same with the Director of Finance and such cash shall be used to complete that portion of the improvements the Director of Public Works shall determine. Until all improvements are completed and approved by the Director of Public Works, Subdivider and the subdivided land shall remain liable and responsible therefore. 10. For purposes of this Agreement, the word "block" shall mean both tiers of lots fronting or abutting upon the street which the proposed building or structure shall front to the rear property line of such lots, or the center line of the alley, if there is an alley, enclosed at either end by a street which intersects both tiers of lots, and shall include the full width of all streets upon which such lots abut. 11. Subdivider agrees to provide the City with a current title insurance commitment at the time of final platting evidencing that fee simple title of all lands in the Subdivision is totally vested with the Subdivider free and clear of any and all encumbrances. If such land is not free and clear, the holder of such indebtedness shall subordinate its interest or enc- umbrance to th's Agreement and all its terms, conditions, and restrictions. 12. It is mutually agreed that the City or any purchaser of any lot(s) within this Subdivision shall have the authority to bring an action in any Court of competent jurisdiction to compel the enforcement of this Agreement or any amendment thereto. Such authority shall include the right to compel rescission of any sale, conveyance, or transfer of any lot(s) or tract(s) contrary to the provisions of the Ordinances of the City or this Agreement. Such action, however, shall be commenced prior to the issuance of a building permit or prior to commencement of construction on any lot(s) or tract(s) of land. 13. The parties hereto mutually agree that this Agreement may be amended from time to time by mutual consent provided that such amendment be in writing and be signed by all parties hereto. 14. This Agreement shall extend to and be binding upon the successors and assigns of the City and upon the heirs, administrators, executors, successors, assigns, and legal representatives of Subdivider, and shall be placed on record in the Office of the County Clerk and Recorder of Pueblo County, Colorado, and shall constitute an agreement running with the land until released as hereinabove set forth. Page three of four Book: 2724 Page: 927 Chris C. Munoz Page: 4 of 6 Pueblo Co.C1k.&Rec. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and attested by its duly authorized and acting officers and the seal of the Subdivider set hereon. PANNUNZIO.INC. , Subdivider By i C IL Nick Pannunzio, President SEAL) STATE OF COLORADO) ) ss. COUNTY OF PUEBLO ) The foregoing instrument was acknowledged before me this ZS Y14 day of I'�'7 �Z C If- 19' 94 , by Nick Pannunzio President of Pannunzio. Inc. Subdivider. STATE OF COLORADO ) ) ss. COUNTY OF PUEBLO ) o ca y u i Address: /1 1 97 S 7 N S T. Rr- /4" Ca. i- z 6. -CT7 N t P I'c CITY OF PUEBLO, a Municipal Corporation The foregoing instrument was acknowledged before me this 31st day of March 19 94 , by Joyce R. Lawrence ,A•'' t of the City Council, and Marian D. Mead C ty' : c of the City of Pueblo, olorado . —. .• , iss ion expires: * P C}� 9, 1994 eflhact��D •., : a r r. o ary Z bl' �'r•.E.,�''�� �.� Ad Or t ti + +`� 1 City Hall Place ''••«•d•• ++ Pueblo, CO 81003 APPROVED AS TO FORM: City Atto ney Page four of four My commission expires: Book: 2724 Page: 928 Chris C. Munoz Page: 5 of 6 Pueblo Co.C1k.&Rec. All of Lots 5 and 6, Block 6 in Regency Park, 6th Filing, according to the recorded plat thereof, filed for record February 9, 1977. Containing 1.88 acres. Book: 2724 Page: 929 Chris C. Munoz Page: 6 of 6 Pueblo Co.Clk.&Bec. SUBDIVISION IMPROVEMENT AGREEMENT EXHIBIT "B" SUBDIVISION NAME: ROYALTY COURT, A SPECIAL AREA PLAN DEVELOPER: PANNUNZIO. INC._ ENGINEER: KLH ENGINEERING CONSULTANTS, INC. SOVEREIGN CIRCLE Demo Exist Curb Returns /Sgaure Pans @ Legigh New Curb Return /Square Pans: H.C. Ramp /Sidewalk @ West Curb Return: 4" Roll Type C & G: 4' Conc. Sidewalk: ASPHALT: LEHIGH AVE. 4' Conc. Sidewalk Street Light PRIVATE SANITARY SEWER Lump Sum = $500. 2 EA @ $400 /EA = 800. 1 EA @ $440 /EA = 440. 584 LF @ $7.50 /LF = 4,380. 292 LF @ $8.00 /LF = 2,336. 1103 SY @ $13.50/SY = 14,891. 281 LF @ $8.00 /LF 1 EA @ $1000 /EA 2,248. 1,000. 8" PVC: 319.7 LF @ $19.00 /LF = 6,074. Services: 12 EA @ $500 /EA = 6,000. Manhole: 1 EA @ $1200 /EA = 1,200. Cleanout: 1 EA @ $500 /EA = 500. PRIVATE WATER 6" PVC: 240 LF @ $12.00 /LF = 2,880. Fire Hydrant: 1 EA @ $2300/EA = 2,300. Services: 12 EA @ $400 /EA = 4,800. Tap Exist. 12 ": 1 EA @ $1000 /EA = 1,000. PRIVATE STORM SEWER 12" Poly (Hancor HI -Q or ALT) 104.6 LF @ $20.00 /LF = 2,093. Break into Exist Box: 1 EA @ $500 /EA = 500. Tyype "S" Inlet, L =4': 1 EA @ $1200 /EA = 1,200. PRIVATE ROAD 4" Roll Type C.& G.: 792 LF Sidewalk: 536 LF Asphalt: 1060 SY This is an estimate only. Actu< This estimate may not include all @ $7.50 /LF = 5,940. @ $8.00 /LF = 4,288. @ $13.50/SY = 14.310. TOTAL $ 79,680. i1 Construction costs may vary. construction costs. PREPARED BY: J. WILKERSON 3/3/94 DATE FIRM KLH ENGINEERING CONSULTANTS, INC. REV I EWED BY. j / /3 DATE Reception 1040577 04/08/1994 RATIFICATION OF PLAT FOR VALUE RECEIVED, the undersigned does hereby ratify and consent to the subdivision of Me land shown on the Subdivision P l a t recorded in P l a t Book ` T at Page J�L of the records of Pueblo County, Colorado, and confirms and joins in the dedication of all streets, easements, rights of way and access retractions shown thereon and subordinates its interest in the property described in this Subdivision P l a t to any Subdivision Improvements Agreement between the Subdivider and the City of Pueblo executed in conjunction therewith. j Signed this day of ��li� 2 -�(, 19 1 C / THE MINNEQUA BANK OF PUEBLO STATE OF COLORADO) ) ss. COUNTY OF PUEBLO ) The..f regoi instrument was acknowledge �j before me by r� 2 n��r�� th is -z day of f 19 oe f ; 7 14y comms ion expires: 3 - �'" , , �Addr' "s : otary Pu i c 9103002.250