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HomeMy WebLinkAbout06515Reception 1349437 09/11/2000 ORDINANCE NO. 6515 AN ORDINANCE APPROVING THE PLAT OF FOOTHILLS SUBDIVISION BE ORDAINED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that SECTION 1. Ordinance No. 6405 is hereby repealed due to a change in the name of the Subdivision. SECTION 2. The final plat of Foothills Subdivision, being a subdivision of land legally described as follows: A parcel of land located in the SW 1/4 of Section 22, Township 20 South, Range 65 West of the 6th Principal Meridian, said parcel being more particularly described as follows: Beginning at a point on the east line of said SW 1/4, from which point the NE corner of Sanders Subdivision, First Filing, bears S 00° 59' 11" E, a distance of 520.00 feet; 1. thence S 88 °39'12" W a distance of 348.00 feet; 2. thence N 01'20'48" W a distance of 48.93 feet to the beginning of a curve concave southeasterly with a radius of 200.00 feet; 3. thence northeasterly along the arc of said curve through a central angle of 90 °21'37" and a distance of 315.42 feet; 4. thence N 89 °00'49" E, tangent to said curve, a distance of 148.30 feet to a point on the east line of said SW 1/4 ; 5. thence S 00 °59'11" E along said east line, a distance of 248.00 feet to the Point of Beginning. AND A parcel of land located in the SW 1/4 of Section 22, Township 20 South, Range 65 West of the 6th Principal Meridian, said parcel being more particularly described as follows: Beginning at a point on the north line of said SW 1/4 from which point the NE corner of said SW 1/4 bears N 89 °04'46" E a distance of 1102.20 feet; 1. thence N 89 °04'46 "E along said north line, a distance of 1102.20 feet to said NE corner; 2. thence S 00 °59'11" E along the east line of said SW 1/4 a distance of 1028.44 feet; 1 111111 111111111111111 1111111 11111 11111 iii 11111 1111 1111 1349437 09/11/2000 03:34P ORD Chris C. Munoz 2 of 3 R 15.00 D 0.00 Pueblo Cty Clerk & Rec 3. thence S 89 °00'49" W a distance of 148.30 feet to the beginning of a curve concave southeasterly with a radius of 200.00 feet; 4. thence southwesterly along the arc of said curve through a central angle of 90 °21'37" and a distance of 315.42 feet; 5. thence S 01'20'48" E., tangent to last said curve, a distance of 48.93 feet; 6. thence S 88 °39'12" W a distance of 609.97 feet to the beginning of a curve concave northeasterly with a radius of 955.00 feet; 7. thence northwesterly along the arc of said curve through a central angle of 30 °45'00" and a distance of 512.54 feet; 8. thence N 60 °35'48" W, tangent to last said curve, a distance of 107.24 feet; 9. thence N 06 °36'20" E a distance of 196.67 feet; 10. thence N 52 °16'00" E a distance of 106.00 feet; 11. thence N 24'16'04" E a distance of 342.00 feet; 12. thence N 42 °44'00" W a distance of 78.00 feet; 13. thence N 03 °46'00" E a distance of 120.00 feet; 14. thence N 42 °46'00" E a distance of 144.00 feet; 15. thence N 86 °46'00" E a distance of 122.98 feet; 16. thence N 00 °58'08" W a distance of 243.99 feet to the point of beginning. TOGETHER WITH The NW 1/4 SE 1/4 of Section 22, Township 20 South, Range 65 West of the 6th Principal Meridian, County of Pueblo, State of Colordo: LESS AND EXCEPTING the south 60 feet of the NW 1/4 SE 1/4 of Section 22, Township 20 South, Range 65 West, County of Pueblo, State of Colorado (Deed recorded March 8, 1976 in Book 1840 at Page 352). Total subdivision acreage: 76.27 acres, more or less, is hereby approved; and 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 ease- ments, public sites, parks and open spaces by the City does not obligate the City to maintain or repair same until such streets, rights -of -ways 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 agreement entered into pursuant thereto. SECTION 3. Neither the adoption of this ordinance and the requirements imposed hereby shall create any duty or obligation of any person, firm, corporation or other entity with regard to the enforce- ment or nonenforcement of this ordinance or the City's Subdivision Ordinances and regulations. 1 11 1111 111 1111111111111111 111111 1111111111111111 1 09/11/2000 03:34P ORD Chris C. Munoz 3 of 3 R 15.00 D 0.00 Pueblo Cty Clerk & Ree No person, firm, corporation or other entity shall have any private right of action, claim or demand against the City or its officers, employees or agents, for any injury, damage or liability arising out of or in any way connected with the adoption, enforcement, or nonenforcement of this ordinance or the Subdivision Ordinance and Regulations of the City, or the engineering, surveying, drainage improvements or other work or improvements required thereby. Nothing in this ordinance or in the City's subdivision ordinances and regulations shall create or be construed to create any claim, demand or liability against the City or its officers, employees or agents, or to waive any of the immunities, limitations on liability, or other provisions of the Colorado Governmental Immunity Act, Section 24 -10 -101, et seq. Colorado Revised Statutes, or to waive any immunities or limitations on liabilities otherwise available to the City or its officers, employees or agents. SECTION 4. This ordinance shall be approved upon final passage but shall not become effective until (a) all information, documents, drawings, profiles, and plat required by Chapter 4 of Title XII of the 1971 Code of Ordinances meeting and complying with the subdivision require- ments of the City have been filed with and approved by the Director of Public Works and (b) the final subdivision plat is recorded in the office of the Pueblo County Clerk and Recorder. If any such filings and approvals have been deferred pursuant to Section 12- 4- 5(B)(2) of the 1971 Code of Ordinances, and are not for any reason filed and approved within one (1) year after final passage of this Ordinance, or within any extended period granted by Resolution of the City Council, this Ordinance shall automatically be rescinded and repealed thirty (30) days after written notice of such rescission and repeal is given to the Subdivider. No vested rights shall accrue to the subdivision or be acquired until this Ordinance or the final subdivision plat becomes effective. INTRODUCED February 14 , 2000 BY Rich Golenda Co ilmember n APPROVE L� i President of the Council ATTEST: City Clerk 1/24/00 Reception 1349439 09/11/2000 SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVISION PUEBLO, CO THIS AGREEMENT is made on September 7, 2000, between the CITY OF PUEBLO, a Municipal Corporation ( "City "), and FOOTHILLS PUEBLO EAST LLC and FOOTHILLS PUEBLO WEST LLC ( "Subdivider ") RECITALS WHEREAS, Subdivider has subdivided or is about to subdivide a certain tract of land located in the City and legally described in attached Exhibit "A "; and WHEREAS, the Subdivider, as a condition of approval of the final plat of the Foothills Subdivision, 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 by Section 12- 4 -7(J) of the 1971 Code of Ordinances of the City to construct and install certain public improvements generally described in attached Exhibit "B" and shown on approved construction plans and documents on file at the office of the City's Director of Public Works ( "Required Public Improvements "); and WHEREAS, by Chapter 4, Title XII of the 1971 Code of Ordinances, Subdivider is obligated to provide security or collateral sufficient in the judgment of the City Council to make reasonable provisions to construct and complete the Required Public Improvements. NOW, THEREFORE, in consideration of the following mutual covenants and agreements, the City and Subdivider agree as follows: Subdivider agrees within one hundred and eighty (180) days after applying 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 occurs first, to construct and install at is sole cost all of the Required Public Improvements. 2. In lieu of installing the Required Public Improvements within the time period prescribed in Paragraph 1, Subdivider or any subsequent owner of the land or any portion thereof shall deposit cash or other collateral with the City Director of Finance, or with any bank or trust company licensed in the State of Colorado, subject to an escrow agreement approved by the Page 1 of 7 111111111111111111111111111111111111111111111111111 IN 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 2 of 26 R 130.00 D 0.00 Pueblo C!y Clerk & Ree SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVISION PUEBLO, CO City Attorney. The holder of such cash or collateral shall pay all or any portion thereof to the City upon demand after the time to complete all Required Public Improvements by Subdivider or subsequent owner expires. Such deposit or escrow agreement shall be 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 cost of all uncompleted Required Public Improvements within the block at the time application for building permit is made. The amount of the deposit required by this alternative shall not be 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, sidewalk and paving from the edge of the Subdivision or existing improvements of a like nature, whichever is closer, to the proposed building site. In any case where the block, as later defined, exceeds one thousand feet (1000') 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 Required Public Improvements in a least one half ( of such block, and the required deposit shall be based upon such decreased estimate. The Subdivider, however, shall provide a turnaround of at least sixty feet (60') in diameter at the mid -block point and barricade such street 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 occurs first, Subdivider shall also deposit an amount not less than the estimate of the Director of Public Works for all Required Public Improvements from existing improvements to the proposed building site, less any previous deposits made under this agreement upon building sites lying between the most recently proposed site and existing improvements. 5. In the event the Subdivider or any subsequent owner of the land fails to complete the Required Public Improvements or to make such deposit within the required time, no additional building permits shall be issued to the Subdivider or the subsequent owner or to any other person to build or Page 2 of 7 1 11111111111111111111111111111111111111111111111111111111111111 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 3 of 26 R 130.00 D 0.00 Pueblo C!y Clerk & Ree SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVISION PUEBLO,CO construct any building or structure in the Subdivision until such default is remedied. In addition, 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 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 in this agreement are cumulative and for the use of one shall not prohibit the use of another. 6. Upon paying such deposit, the City Director of Public Works shall release the proposed building site from the terms of the Agreement except the terms of Paragraph 7 below. 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 certificate of occupancy shall be issued by the Pueblo Regional Building Department until the Required Public Improvements, or those improvements necessary as determined by the City Director of Public Works, to totally serve specific lot(s) or block(s) for which certificates of occupancy are sought have been properly designed, engineered, constructed and accepted as meeting the specifications and standards of the City. The restrictions on issuing certificates of occupancy contained in this paragraph 7 and the restriction on the issuance of building permits contained in paragraph 5 shall run with the land and shall extend to and be binding upon the heirs, 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, parks and other public improvements for maintenance by the City. Until such roads, parks and other 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, parks and other public improvements and rights -of -way are the Page 3 of 7 1111111111111111111111111111111111111111111111111111111 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 4 of 26 R 130.00 D 0.00 Pueblo C!y Clerk & Rec SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVISION PUEBLO, CO sole responsibility of the Subdivider or any subsequent owner(s) of the land within the Subdivision. 9. The required time to complete all Required Public 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 Required Public Improvements within the required time and the payment of all inspection costs by Subdivider, the Director of Public Works shall cause all obligations of the Subdivider relating to the Required Public Improvements within such block to be released. If such Required Public 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 insufficient monies are available at the end of the required time to complete all Required Public Improvements for the entire length of such block, the Director of Public Oorks shall cause all collateral or monies in escrow to be reduced to cash and shall deposit the same with the Director of Finance. Such cash shall be used to complete that portion of the Required Public Improvements as the Director of Public Works, in the Director's sole discretion, shall determine. Until all the Required Public Improvements are completed and approved by the Director of Public Works, Subdivider and the subdivided land shall remain liable and responsible for all the Required Public'improvements. 10. For purposes of this Agreement, the "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. If the Required Public Improvements are for a commercial subdivision and include stormwater drainage, stormwater detention facility, or maintenance and restoration of restoration of adjacent drainage channels, and /or associated improvements and revegetation (the "facilities "), located either within or outside of the Subdivision, Subdivider shall install the facilities in accordance with plans and specifications therefor approved by, and on file with the City, and thereafter, the facilities shall be repaired, replaced and maintained in good working order and condition by the owners of the land Page 4 of 7 111111111111111111111111111111111111111111111111111111111111111 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 5 of 26 R 130.00 D 0.00 Pueblo Cty Clerk & Ree SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVISION PUEBLO, CO 12 13 14 within the Subdivision. The City is granted the right (but not the obligation) to inspect, control, repair, replace and maintain the facilities and to recover all costs and expenses therefor including an administrative charge of 15% from the owners of the land within the Subdivision. All such City's costs and administrative charge shall become a perpetual lien on all the land within the Subdivision upon recording in the office of the Pueblo County Clerk and Recorder a statement of lien setting forth the City's costs and describing the land signed by the City's Director of Public Works. Failure of the City to inspect, control, repair, maintain or replace the facilities shall not subject the City to any liability for such failure. 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 all liens and encumbrances. If such land is not free and clear, the holder of such indebtedness shall subordinate its interest or encumbrance to this Agreement and all its terms, conditions and restrictions. The City or the 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 hereto. 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. In the event of any litigation concerning this Agreement, the Court shall award the prevailing party its costs and expenses, including reasonable expert witness and attorneys' fees. The parties agree this Agreement may be periodically amended by mutual consent provided such amendment is in writing and signed by all parties. 15. This Agreement shall extend to and be binding upon the successors and assigns of the City and upon the heirs, successors, assigns and legal representatives of Subdivider, and shall be recorded 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 described above. Page 5 of 7 11111111111111111111111111111111111111111111111111111111111 IN 1349439 09/11/2000 03:34P SUBD AS Chris C. Munoz 6 of 26 R 130.00 D 0.00 Pueblo CZy Clerk & Roe SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVISION PUEBLO, CO The parties have caused this Agreement to be executed and attested by its duly authorized acting officer. SUBDIVIDER; ��s) }1S�islH /yP /: O T AR�y% � L\� STATE OF COLORADO COUNTY OF PUEBLO Ill ) ss. Foothills Pueblo East LLC Foothills Pueblo West L both Colors o Lirr,�,�e Companier/r / /�/ ert L. Drabkin, Manager The foregoing instrument was acknowledged before me this _ &IQt r�zj� , '2000 ,by Robert Foothills Pueblo East LLC, and Foothills Pueblo West LLC Liability Companies, Subdivider. My Commission expires �4' & day of L. Drabkin, Manager, both Colorado Limited Notary Public CITY ; PUEBL a Mu lal Corp r o By: / It President of the Council By ,�, City Clerk Page 6of7 1 1111111111111111111111111111111111111111111111 IN IN 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 7 of 26 R 130.00 D 0.00 Pueblo Cty Clerk & Ree SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVISION PUEBLO, CO (SEAL) STATE OF COLORADO COUNTY OF PUEBLO G. =0T PI Q a oft e ) ss. oing instrument was acknowledged before me t �1 day of 2.0 by i one brit of City Council, and �, nn uficke -k as City Clerk $\qf Pueblo, CO. mmission expires 9- ry Public APPROVED AS TO FORM: City Attorn _ __ Page 7of7 I IIIIII VIII II'll I'lll IIIII'I II IIIII"I ���'llll I'll I 1349439 09/11/2000 03:34P SUBD AG Chris C Munoz 8 of 26 R 130.00 D 0.00 Pueblo Cty Clerk & Ree SUBDIVISION IMPROVEMENT AGREEMENT FOOTHILLS SUBDIVISION EXHIBIT A A parcel of land located in the SW 1/4 of Section 22, Township 20 South, Range 65 West of the 6�' Principal Meridian, said parcel being more particularly described as follows: BEGINNING at a point on the east line of said SW 1/4, from which point the NE corner of Sanders Subdivision, First Filing, bears S 00'59'11" E a distance of 520.00 feet; 1. thence S 88 W a distance of 348.00 feet 2. thence N 01 °20'48" W a distance of 48.93 feet to the beginning of a curve concave southeasterly with a radius of 200.00 feet; 3. thence northeasterly along the arc of said curve through a central angle of 90 °21'37" and a distance of 315.42 feet; 4. thence N 89 °00'49" E, tangent to said curve, a distance of 148.30 feet to a point on the east line of said SW 1/4; 5. thence S 00'59'11" E along said east line, a distance of 248.00 feet to the POINT OF BEGINNING. V' AND A parcel of land located in the SW ' /4 of Section 22, Township 20 South, Range 65 West of the 6th Principle Meridian, said parcel being more particularly described as follows: BEGINNING at a point on the north line of said SW '/4 from which point the NE corner of said SW '/4 bears N 89 °04'46" E a distance of 1102.20 feet; 1. thence N 89 °04'46" E along said north line, a distance of 1102.20 feet to the said NE corner; 2. thence S 00'59'11" E along the east line of said SW '/4, a distance of 1028.44 feet; 3. thence S 89 °00'49" W a distance of 148.30 feet to the beginning of a curve concave southeasterly with a radius of 200.00 feet; 4. thence southwesterly along the arc of said curve through a central angle of 90 °21'37" and a distance of 315.42 feet; 5. thence S 01 °20'48" E, tangent to last said curve, a distance of 48.93 feet; 6. thence S 88'39'12" W a distance of 609.97 feet to the beginning of a curve concave northeasterly with a radius of 955.00 feet; 7. thence northwesterly along the arc of said curve through a central angle of 30 °45'00" and a distance of 512.54 feet; 8. thence N 60 °35'48" W, tangent to last said curve, a distance of 107.24 feet; 9. thence N 06 °36'20" E a distance of 196.67 feet; 10. thence N 52 °16'00" E a distance of 106.00 feet; Page 1 of 2 11. thence N 24'16'04" E a distance of 342.00 feet; 12. thence N 42 °44'00" W a distance of 78.00 feet; 13. thence N 03 °46'00" E a distance of 120.00 feet; 14. thence N 42 °46'00" E a distance of 144.00 feet; 15. thence N 86 °46'00" E a distance of 122.98 feet; 16. thence N 00 °58'08" W a distance of 243.99 feet to the POINT OF BEGINNING. TOGETHER WITH The NW '/4 of the SE '/4 of Section 22, Township 20 South, Range 65 West of the 6th Principle Meridian, County of Pueblo, State of Colorado, excepting therefrom the South 60 feet of said NW '/4 of the SE V4 (Deed recorded March 8, 1976 in Book 1840 at Page 352). TOTAL SUBDIVISION ACREAGE: 76.27 acres more or less. I I IIII IIIII IIIII IIIII 1349439 09/11/2000 1111 11111111111111111111 03:34P SUBD AG IN Chris C. IIII Munoz 9 of 26 R 130.00 D 0.00 Pueblo Cty Clerk & Ree Page 2 of 2 EXHIBIT B THE FOOTHILLS SUBDIVISION ( "FS ") I IIIIII "III VIII III'I IIIIIII II IIIIIIII III IIIIII III III( SIA IMPROVEMENT ITEM SCHEDULE - SUMMARY FOR PHASED DEVELOPMENT PLAN 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 6- Sep -00 10 of 26 R 130.00 D 0.00 Pueblo Ct.y Clerk & Ree ----------------------- - - - - -- WEST COMMUNITY------------------------ - - - - -- ------- - - - - -- - EAST COMMUNITY------------- - - - - -- TO W. BOUNDARY OF SCOTT ITEM PHASE 1 PHASE 2 PHASE 3 COMMERCIAL PHASE 1 PHASE 2 PHASE 3 CITY LANDS' AVENUE ACREAGE 14.24 11.89 11.09 1.79 13.56 11.92 9.48 2.3 NUMBER OF LOTS 68 72 84 1 71 75 67 1) OFFSITE IMPROVEMENTS A. WEST 24TH STREET (1) TOTAL COST $ 423,665 B. SCOTT AVENUE (2) FROM 24TH STREET TO FS ENTRANCE $ 184,160 FROM FS ENTRANCE TO NORTH PPTY LINE $ 358,829 C. TRAFFIC LIGHT @ $88 /Home, Funded per home as homes are built $ 5,984 $ 6,336 $ 7,392 n/a $ 6,248 $ 6,600 $ 5,896 D. SEWER COST RECOVERY SOUTHERN COLORADO MEDICAL CENTER ($726.81/acre) $ 10,350 $ 8,642 $ 8,060 $ 1,301 $ 9,856 $ 8,664 $ 6,890 $ 1,672 24TH STREET / CDBG (1608LF x $37.48/If) $ 60,268 E. DRAINAGE (3) EAST COMMUNITY - Not required to be constructed $ 85,744 until and if required to develop the property from the eastern boundary of Foothills property to the western boundary of the City lands adjoining Dry Creek Will be eliminated if Developer acquires such property. SUBTOTAL - OFFSITES $ 684,427 $ 14,978 $ 15,452 $ 1,301 $ 16,104 $ 15,264 $ 371,615 $ 85,744 $ 1,672 2. ONS/TE IMPROVEMENTS A. INTERNAL SUBDIVISION ITEMS Handicap Ramps $ 1,305 $ 522 $ 522 $ 1,305 $ 522 $ 261 Sanitary Sewer $ 175,323 $ 121,754 $ 82,114 $ 153,087 $ 137,511 $ 116,096 No Parking Signs $ 1,500 $ 1,650 $ 1,500 $ 1,650 $ 1,500 $ 1,500 B. PARKS & DRAINAGE WEST COMMUNITY $ 191,889 EAST COMMUNITY $ 225,726 $ 38,732 SUBTOTAL - ONSITES $ 370,017 $ 123,926 $ 84,136 $ - $ 381,768 $ 178,265 $ 117,857 $ - $ - TOTAL $ 1,054,444 $ 138,904 $ 99,588 $ 1,301 $ 397,872 $ 193,529 $ 489,472 $ 85,744 S 1,672 OVERALL TOTAL $ 2,462,525 NOTES: ( West 24th Street collateral provided at commencement of Phase 1 East or West Community, with a 3 year deferral of actual construction. This deferral may be extended at the sole discretion of Public works. (2) Scott Avenue from West 24th Street to the FS front entry to be constructed in Phase I of the East or West Community, whichever is developed first. (3) This is a buried culvert along 25th Street R.O.W. Only required if development of the lands between the easternmost Foothills boundary, and the westernmost City boundary are developed, and a burial of a culvert is necessary for such development. In the event that Foothills acquires the land between the two boundaries forementioned, or if this land becomes park, recreation, and or open space, this item will be eliminated, and any escrowed funds or collateral for this item will be released. file E s C i SiA Cost 50erdu e 71400 Page 1 of 9 1 111111111111111111111 1349439 09/11/ 11 of 26 R 130.00 1 EXHIBIT B SUBDIVISION: THE FOOTHILLS RESIDENTIAL SUBDIVISION SUBDIVIDER: FOOTHILLS PUEBLO LLC J.N.: 98- 087 -01 West 24th Street ITEM QUANTITY UNITS PRICE TOTAL PAVEMENT 6" Full Depth Asphalt 9351 SY $16.50 $154,291.50 6" Full Depth (Perry decel. 447 SY $16.50 $7,375.50 6" Full Depth (Newport decel 432 SY $16.50 $7,128.00 6" Full Depth decel Scott, Idabel 1311 SY $16.50 $21,631.50 14' As halt mat 1423 SY $16.50 $23,479.50 4" Asphalt Curb 486 LF $4.15 $2,016.90 Asphalt Removal 218 SY $7.50 $1,635.00 Asphalt Curb Removal 50 LF $4.00 $200.00 Sub -total CONCRETE $217,757.90 Curb & Gutter west of Scott 3000 LF $10.00 $30,000.00 Curb & Gutter east of Scott 1233 LF $10.00 $12,330.00 Spill curb & gutter east of Scott 2106 LF $10.00 $21,060.00 Spill curb & gutter west of Scott 1259 LF $10.00 $12,590.00 Curb & Gutter Removal 2239 LF $4.00 $8,956.00 Handicap Ramp 462 SF $3.50 $1,617.00 Square Pan Radius 1560 SF $4.25 $6,630.00 7" reinforced concrete 1414 SF $3.80 $5,373.20 Sub -total TRAFFIC $98,556.20 "T" intersecttion 2 EA $300.00 $600.00 4-Way 1 EA $400.00 $400.00 Sub -total UTILITIES $1,000.00 Street light west of Scott 7 EA $1,300.00 $9,100.00 Street light east of Scott 4 EA $1,300.00 $5,200.00 Sub -total WATER $14,300.00 Fire Hydrant Assembly 3 EA $2,500.00 $7,500.00 Sub -total SANITARY SEWER $7,500.00 48" Manhole 1 EA $2,170.00 $2,170.00 Sub -total GRADING $2,170.00 Grading cut east of Scott 3452 CY $2.00 $6,904.00 Grading fill east of Scott 1617 CY $2.00 $3,234.00 Grading cut west of Scott 5783 CY $2.00 $11,566.00 Grading fill west of Scott 2708 CY $2.00 $5,416.00 Sub -total $27,120.00 SUB -TOTAL $368,404.10 Miscellaneous Contingencies @ 15% $55,260.62 GRAND TOTAL $413,664.72 Prepared By: Date: September 1, 2000 Checked By: Date: Firm:Mangini & Associates Inc. Reviewed By: Date: City of Pueblo 111111111 11111111 iii 111111 iii 1111 03:34P SUED AG Chris C. Munoz 1 0.00 Pueblo Cty Clerk & Rec Page 2 of 9 I 111111 1111111111 111111111111111 IIIIIIII iii 111111 iii IN 1349439 09/11/2000 03:34P SUED AG Chris C. Munoz 12 of 26 R 130.00 D 0.00 Pueblo Cty Clerk & Ree EXHIBIT B SUBDIVISION: THE FOOTHILLS RESIDENTIAL SUBDIVISION SUBDIVIDER: FOOTHILLS PUEBLO LLC J.N.: 98- 087 -01 Scott Avenue from 24th St. North to Main Entrance of Foothills ITEM QUANTITY UNITS PRICE TOTAL PAVEMENT 3" Asphalt on 23" Base Course Scott 1837 SY $33.00 $60,621.00 Sub -total CONCRETE $60,621.00 Curb & gutter 1174 LF $10.00 $11,740.00 Handicap ramp 711 SF $3.50 $2,488.50 7" reinforced concrete 481 SF $3.80 $1,827.80 Square pan radius 340 SF $4.25 $1,445.00 Sub -total SANITARY SEWER $17,501.30 8" main 583 LF $29.00 $16,907.00 48" dia. Manhole 2 EA $2,170.00 $4,340.00 Sub -total WATER $21,247.00 Main Line (including valves 452 LF $35.00 $15,820.00 Fire hydrant assembly 1 EA $2,500.00 $2,500.00 Sub -total TRAFFIC $18,320.00 Street Name Signs & Stop Sign 4-Way Intersection 1 EA $400.00 $400.00 Street Lights 1 EA $1,300.00 $1,300.00 Barricades L =24' 1 EA $1,125.001 $1,125.00 Sub -total DRAINAGE $2,825.00 Grading Scott 500 CY $3.00 $1,500.00 Rip-rap 75 CY $50.00 $3,750.00 42" storm sewer 325 LF $75.00 $24,375.00 Type 2 outlet structure 1 EA $3,500.00 $3,500.00 Type "S" Inlet 6 FT. 1 EA $2,800.00 $2,800.00 Type "S" Inlet 9 FT. 1 EA $3,700.001 1 $3,700.00 Sub -total 1 $39,625.00 SUB -TOTAL Miscellaneous Contingencies @ 15% GRAND TOTAL Prepared By: Checked By: Firm: Mangini & Associates Inc. $160,139.30 $24,020.90 $184,160.20 Date: September 1 2000 Date: Page 3 of 9 1 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 13 of 26 R 130.00 D 0.00 Pueblo Cty Clerk & Rec EXHIBIT B SUBDIVISION: THE FOOTHILLS RESIDENTIAL SUBDIVISION SUBDIVIDER: FOOTHILLS PUEBLO LLC J.N.: 98- 087 -01 Scott Ave North of Main Entrance to North Propertv Line ITEM QUANTITY UNITS PRICE TOTAL PAVEMENT 3" Asphalt on 23" Base Course (Scott) 4192 SY $33.00 $138,336.00 Sub -total CONCRETE $138,336.00 Curb & gutter (Scott) 1886 LF $10.00 $18,860.00 Sub -total SANITARY SEWER $18,860.00 8" main (Idabel Circle Block 1 Ph 2) 1388 LF $29.00 $40,252.00 48" dia. MH (Idabel Cr. Block 1 Ph 2) 6 EA $2,170.00 $13,020.00 8" main (Idabel Circle Block 1 Ph 3) 1021 LF $29.00 $29,609.00 48" dia. MH (Idabel Cr. Block 1 Ph 3) 4 EA $2,170.00 $8,680.00 Sub -total WATER $91,561.00 Main Line (including valves) 914 LF $33.28 30,417.92 Fire hydrant assembly 2 EA $2,500.00 $5,000.00 Sub -total TRAFFIC $35,417.92 Street Lights 4 EA $1,300.00 $5,200.00 Barricade 1 EA $1,125.00 $1,125.00 Sub -total DRAINAGE $6,325.00 G rading ( 1500 3.00 $4,500.00 42" storm sewer 227 LF $75.00 17,025.00 Type "S" Inlet L =4' 0 EA 2,200.00 .00 18" Storm Sewer 0 LF $36.00 $0.00 Sub -total $L,525 00 SUB -TOTAL $312,024.92 Miscellaneous Contingencies @15% $46,803.74 GRAND TOTAL $358,828.66 Prepared By: Date: September 1, 2000 Checked By: Date: Firm: Mangini & Associates Inc. Reviewed By: Date: Page 4 of 9 City of Pueblo 11111111111111111111111111111111 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 14 of 26 R 130.00 D 0.00 Pueblo Cty Clerk & Ree EXHIBIT B SUBDIVISION: THE FOOTHILLS RESIDENTIAL SUBDIVISION SUBDIVIDER: FOOTHILLS PUEBLO LLC J.N.: 98 -087 -01 Drainage 54" Storm Sewer from Eastern Boundary of East Community to Westernmost City Property Line ITEM QUANTITY UNITS JPRICE TOTAL DRAINAGE 54" Storm sewer to City P. L. - Ph1 466 LF $160.00 $74,560.00 Sub -total 1 $74,560.00 SUB -TOTAL $74,560.00 Miscellaneous Contingencies @15% $11,184.00 GRAND TOTAL $85,744.00 Prepared By: Date: May 22, 2000 Checked By: Date: Firm: Mangini & Associates Inc. tTM * This is a buried culvert along 25th Street R.O.W. Only required if development of the lands between the easternmost Foothills boundary, and westernmost City boundary are developed, and burial of a culvert is necessary for such development. In the event that Foothills acquires the land between the two boundaries forementioned, or if this land becomes park, recreation, and or open space, this item will be eliminated, and any escrowed funds or collateral for this item will be released. Page 5 of 9 EXHIBIT B SUBDIVISION: THE FOOTHILLS RESIDENTIAL SUBDIVISION SUBDIVIDER: FOOTHILLS PUEBLO LLC J.N.: 98- 087 -01 Internal Subdivision Items ITEM QUANTITY UNITS PRICE TOTAL CONCRETE Handicap ramp Block 1 Phase 1 373 SF $3.50 $1.305.15 Handicap ramp Block 1 Phase 2 149 SF $3.50 $522.06 Handicap ramp Block 1 Phase 3 149 SF $3.50 $522.06 Handicap ramp Block 2 Phase 1 373 SF $3.50 $1,305.15 Handicap ramp Block 2 Phase 2 149 SF $3.50 $522.06 Handicap ramp Block 2 Phase 3 75 SF $3.50 261.03 Subtotal $4.437.51 SANITARY SEWER Service lines Block 1 Phase 1 68 EA $775.00 $52.700.00 6" Private main Block 1 Phase 1 2215 LF $26.00 $57,590.00 8" Private main Block 1 Phase 1 1087 LF $29.00 $31,523.00 Manholes Block 1 Phase 1 13 EA $2,170.00 $28.210.00 Cleanout Block 1 Phase 1 2 EA $400.00 $800.00 Subtotal $170.823.00 Service lines Block 1 Phase 2 84 EA $775.00 $65,100.00 6" Private main Block 1 Phase 2 1119 LF $26.00 $29,094.00 8" Private main Block 1 Phase 2 460 LF $29.00 $13,34000 Manholes Block 1 Phase 2 6 EA $2,170.00 $13.020.00 Cleanout Block 1 Phase 2 3 EA $400.00 $1,200,00 Subtotal $121,754.00 Service lines Block 1 Phase 3 72 EA $775.00 $55.800.00 6" Private main Block 1 Phase 3 799 LF $26.00 $20,774.00 8" Private main Block 1 Phase 3 0 LF $29.00 $0.00 Manholes Block 1 Phase 3 2 EA $2,170.00 $4,340.00 Cleanout Block 1 Phase 3 e, 3 EA $400.00 $1 Subtotal $82,114 00 Service lines Block 2 Phase 1 71 EA $775.00 $55,025.00 6" Private main Block 2 Phase 1 882 LF $26.00 $22,932.00 8" Private main Block 2 Phase 1 1740 LF $29.00 $50,460.00 Manholes Block 2 Phase 1 11 EA $2,170.00 $23,870.00 Cleanout Block 2 Phase 1 2 EA $400.00 $800.00 Subtotal $153,087,00 Service lines Block 2 Phase 2 75 EA $775.00 $58,125.00 6" Private main Block 2 Phase 2 0 LF $26.00 $0.00 8" Private main Block 2 Phase 2 2064 LF $29.00 $59,856.00 Manholes Block 2 Phase 2 9 EA $2,170.00 $19,530.00 Cleanout Block 2 Phase 2 0 EA $400.00 $0.00 Subtotal $137.511.00 Service lines Block 2 Phase 3 67 EA $775.00 $51,925.00 6" Private main Block 2 Phase 3 0 LF $26.00 $0.00 8" Private main Block 2 Phase 3 1689 LF $29.00 $48,981.00 Manholes Block 2 Phase 3 7 EA $2,170.00 $15,190.00 Cleanout Block 2 Phase 3 0 EA $400.00 1900 Subtotal $116,096.00 TRAFFIC No parking sign Block 1 Phase 1 10 EA $150.00 $1,500 00 No parking sign Block 1 Phase 2 11 EA $150.00 $1,650.00 No parking sin Block 1 Phase 3 10 EA $150.00 $1,500.00 No parking sign Block 2 Phase 1 11 EA $150.00 $1,650.00 No par kin sign Block 2 Phase 2 10 EA $150.00 $1.500.00 No parking sin Block 2 Phase 3 10 EA $150.00 $1 Subtotal $9,300.00 Sub -total $795,122.51 SUB -TOTAL Miscellaneous Contingencies @15% GRAND TOTAL Prepared By Date: September 1, 2000 Checked By: Date. Firm Mangirn & Associates Inc $795,1 22.51 $119,268 38 $914,390,89 Page 6 of 9 N atS � L � L V - V a L7 U �a o r in A � V iN 7 d IL l�l to �0 D B BB � m 0 N � W4a � W4 ate+ ! 0) 0: N O Irl In a-1 W4 1 111111111111111111111 1111111 11 IIIIIIII iii 111111 iii 1111 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 16 of 26 R 130.00 D 0.00 Pueblo CZy Clerk & Ree EXHIBIT B SUBDIVISION: THE FOOTHILLS RESIDENTIAL SUBDIVISION SUBDIVIDER: FOOTHILLS PUEBLO LLC J.N.: 98- 087 -01 Parks & Drainage West Community ITEM QUANTITY UNITS PRICE TOTAL PARKS & DRAINAGE Grading (West open space - cut) 34700 Cy $2.00 $69,400.00 Grading (West open space - fill) 100 CY $2.00 $200.00 Planting & Establishing vegetation 2.9 AC $20,000.00 $58,000.00 Benches, BBQ's, and Trash cans 1 LS $4,760.00 $4,760.00 Playground Equipment 1 LS $25,000.00 $25,000.00 Crusher Fines for Trails 9500 SF $1.00 $9,500.00 Sub -total I I I $166, 860.00 SUB -TOTAL Miscellaneous Contingencies @15% $166,860.00 $25,029.00 GRAND TOTAL Prepared By: Checked By: $191,889.00 Date: May 22, 2000 Date: Firm: Mangini & Associates Inc. Page 7 of 9 1 11111111111111111111111111111111111111111111111111 I Munoz 349439 09/11/2000 03:34P SUBD AG Chris C. 17 of 26 R 130.00 D 0.00 Pueblo Cty Clerk & Rae EXHIBIT B SUBDIVISION: THE FOOTHILLS RESIDENTIAL SUBDIVISION SUBDIVIDER: FOOTHILLS PUEBLO LLC J.N.: 98- 087 -01 Parks & Drainage East Community Phase I ITEM QUANTITY UNITS PRICE TOTAL DRAINAGE Grading (East open space - cut) -Ph 1 4390 CY $2.00 $8,780.00 Grading (East open space - fill) -Phl 4460 CY $2.00 $8,920.00 Rip -Rap -Phl 67 CY $50.00 $3,350.00 Planting & Establishing vegetation -Phl 4 AC $20,000.00 $80,000.00 54" Storm sewer - Ph1 293 LF $160.00 $46,880.00 Open channel -Phl 5802 CY $2.00 $11,604.00 Benches, BBQ's, and Trash cans 1 LS $6,750.00 $6,750.00 Playground Equpment 1 LS $25,000.00 $25,000.00 Crusher Fines for Trails 5000 SF $1.00 $5,000.00 Sub -total $196,284.00 SUB -TOTAL Miscellaneous Contingencies @15% $196,284.00 $29,442.60 GRAND TOTAL Prepared By: Checked By: $225,726.60 Date:May 22. 2000 Date: Firm: Mangini & Associates Inc. Page 8 of 9 1 IN 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 18 of 26 R 130.00 D 0.00 Pueblo Cty Clerk & Rec EXHIBIT B SUBDIVISION: THE FOOTHILLS RESIDENTIAL SUBDIVISION SUBDIVIDER: FOOTHILLS PUEBLO LLC J.N.: 98- 087 -01 Parks & Drainage East Community Phase II ITEM QUANTITY UNITS PRICE TOTAL DRAINAGE Grading (East open space - cut) -Ph2 110 CY $2.00 $220.00 Grading (East open space - fill) -Ph2 40 CY $2.00 $80.00 Planting & Establishing vegetation - Ph2 1.4 AC $20,000.00 $28,000.00 Benches, BBQ's, and Trash cans 1 LS $2,380.00 $2,380.00 Crusher Fines for Trails 3000 SF $170 $3,000.00 Sub -total $33,680.00 SUB -TOTAL Miscellaneous Contingencies @15% Ill $33,680.00 $5,052.00 GRAND TOTAL Prepared By: Checked By: Firm: ini & Associates Inc. r $38,732.00 Date: May 22, 2000 Date: Page 9 of 9 Reviewed By: (&W_ J City of Pueblo rA 1 111111111111111111111111111111111111111111111111111111 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 19 of 26 R 130.00 D 0.00 Pueblo Cty Clerk & Rec ADDENDUM TO SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVSION PUEBLO, CO This Addendum shall be incorporated in and become a part of the September 7, 2000 Subdivision Improvement Agreement (SIA) for the Foothills Subdivision (herein the "Subdivision ") and enforceable as provided in said Subdivision Improvements Agreement. A. 1. This Addendum hereby acknowledges that special sanitary sewer collection system cost recovery fees are due as a condition of approval of the Subdivision. This Subdivision is planned to be developed in phases as reflected in Exhibits 1 and 2 of this Addendum, and Exhibit B to the SIA. 2. The fees are due and payable prior and as a condition precedent to connection of any sanitary sewer within each phase of said subdivision, to the City's sanitary sewer collection system, in accordance with Chapter 5, Title XVI, of the Pueblo Municipal Code. 3. The sewer cost recovery fees to be paid by the Subdivider are calculated as follows: a. 24th Street Sewer Cost Recovery (CDBG Project 98 -053) $37.48 per foot frontage X 1608 Lin. Ft. frontage (West Community Block 1 Phase 1) _ $60,267.84 b. Southern Colorado Medical Center Subdivision Filing No. I Sewer Cost Recovery West Community, Block 1, Phase 1 $726.81 per Acre X 14.24Acres = $10,349.77 West Community, Block 1, Phase 2 $726.81 per Acre X 11.89 Acres = $8,641.77 West Community, Block 1, Phase 3 $726.81 per Acre X 11.09 Acres = $8,060.32 Commercial $726.81 per Acre X 1.79 Acres = $1,300.99 East Community, Block 2, Phase 1 $726.81 per Acre X 13.56 Acres = $9,855.54 East Community, Block 2, Phase 2 $726.81 per Acre X 11.92 Acres = $8,663.57 East Community, Block 2, Phase 3 $726.81 per Acre X 9.48 Acres = $6,890.16 Scott Ave. $726.81 per Acre X 2.3 Acres = $1,671.66 The above fees will be adjusted each year in accordance with said Chapter 5 of the Pueblo Municipal Code. Page 1 of 5 111111111111111111111111111111111111111111111111111 IN 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 20 of 26 R 130.00 D 0.00 Pueblo Cty Clerk & Ree ADDENDUM TO SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVSION PUEBLO, CO B. 1. Collateral ization of the Required Public Improvements, within a phase and per the estimates on Exhibit B to the SIA, will be required within one hundred eighty (180) days of the application for a building permit on any site within that phase or upon the issuance of a certificate of occupancy for any building or structure within that phase , whichever occurs first. 2. Subdivider will not be required to build 24th Street, or any portion thereof, as provided in Exhibit B to the SIA, until at least three years have passed from Subdividers first obtaining a building permit for any site within the Subdivision. Collateral ization of the construction of 24 Street, as set forth in the Required Public Improvements, will be required within one hundred eighty (180) days of the application for a building permit on any site or upon the issuance of a certificate of occupancy for any building or structure, whichever occurs first. After the passage of this referenced three year period, the City may require Subdivider to build 24th Street, or such portion thereof as the City in its sole discretion deems appropriate, as set forth in Exhibit B to the SIA. So long as the City defers the construction of 24th Street, or any portion thereof which Subdivider is required to construct as part of the Required Public Improvements, Subdivider will continue to collateralize its obligation for construction of 24th Street as required by the SIA and this Addendum. 3. Subdivider will not be required to build Scott Avenue lying north of the entryway into the Subdivision, or any portion thereof, as provided in Exhibit B to the SIA, until a building permit is obtained for any site within Phase 3 of Block 1 (West Community) or Phase 3 of Block 2 (East Community) of the Subdivision. 4. Collateral ization of the 54" storm sewer from the east Subdivision boundary to Wildhorse Creek will be provided upon application for a building permit on any site within Phase 1 Block 2 (East Community) of the Subdivision. No building permits will be issued for Phases 1,2 and 3 Block 2 (East Community) until such collateralization is provided. Once collateralized, the requirement to construct the 54" storm sewer by the Subdivider will be at the sole discretion of the City. However, in the event the Subdivider acquires the land to the east of the Subdivision and dedicates or conveys same to the City, as identified in Exhibit 3 attached, for use as open space or park prior to the construction of the 54" storm sewer, the construction of the 54" storm sewer will not be necessary and any collateralization will be released. 5. Failure to provide the collateralization, as provided above, may result in the refusal of the City to approve additional building permits. C. Each lot within the Subdivision is assessed a traffic impact fee for signalization at 24 Street and Pueblo Boulevard in the amount of $88.00. At the time application for building permit is made for a lot, the $88.00 impact fee will need to be paid by the owner of the lot or applicant for the building permit before the building permit will be issued. Page 2 of 5 1 IIIIII 1111111111 III11111111I 11 IIIIIIII iii 111111111 1111 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 21 of 26 R 130.00 D 0.00 Pueblo Cty Clerk & Ree ADDENDUM TO SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVSION PUEBLO, CO D. The park areas shown on the Subdivision plat will be privately maintained and will be built by the Subdivider and the plat will dedicate the park area for the use and benefit of the owners within the Subdivision and the Covenants will restrict the park area to such usage in the future. The Subdivider will build the park area associated with each phase as determined by the Director of Public Works within 180 days of obtaining the first building permit for that phase or will collateralize the construction of such park area as provided in paragraph B.1., above. Failure to construct the park improvements or collateralize the park improvements as set forth herein may result in the refusal of the City to approve additional building permits in that phase. E. Phased Construction 1. The Subdivider will develop the Foothills Subdivision in separate phases to be identified as Block 1, Phases 1,2, 3 & Commercial (a /k/a West Community); Block 2, Phases 1,2, & 3 (a /k/a East Community), as illustrated in Exhibits 1 & 2 attached. 2. The Subdivider shall construct and install all of the Required Public Improvements in the manner and as described in the Subdivision Improvements Agreement needed and required to serve the lots within each Phase. 3. For purposes of determining the extent and timing of the Required Public Improvements, each Phase shall be considered as a separate subdivision and an event requiring completion of the improvements in one Phase will not require completion of improvements in another Phase. 4. When the Subdivider completes the subdivision requirements and Required Public Improvements for each Phase, the City will release the Lots in that Phase from this agreement as if each Phase was a separate and distinct subdivision, except for items that have been deferred as previously mentioned in the Subdivision Improvements Agreement and this Addendum. 5. The Subdivision Improvements Agreement as amended by this Addendum shall remain in full force and effect and the covenants of this Addendum shall run with the land within the Subdivision and shall extend to, be binding upon, and inure to the benefit of City and Subdivider and their respective heirs, personal representatives, successors, and assigns. 6. All collateralization furnished as provided in this Addendum shall be in the form and be used in the manner described in the SIA. Page 3 of 5 1 111111111111111111111111111111111111111111111111111111 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 22 of 26 R 130.00 D 0.00 Pueblo Cty Clerk 6 Rec ADDENDUM TO SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVSION PUEBLO, CO The covenants of this Addendum shall run with the land within the Subdivision and shall extend to, be binding upon, and inure to the benefit of the City of Pueblo and Subdivider and their respective heirs, personal representatives, successors, and assigns. This Addendum may be specifically enforced against the Subdivider and subsequent owners of lots within the Subdivision. Executed at Pueblo, Colorado as of the date and year stated above. ARA f �N0TAFy y'° p �B L \G (SEAL) OF I COtOPP;`=`? 1111111 SUBDIVIDER; Foothills Pueblo East LLC Foothills Pu I W L both Co or d i i d' bilities C By. s Robert L. Drabkin, Manager ies STATE OF COLORADO ) ) ss. COUNTY OF PUEBLO ) The oregoing instrument was acknowledged before me this l0 day of la4-f1Yjyu , 0( ,by Robert L. Drabkin, Manager, Foothills Pueblo East LLC, and Foothills Pueblo West LLC, both Colorado Limited Liability Companies, Subdivider. My Commission expires Notary Public Page 4 of 5 1 111111 111111111111111 1111111 11 IIIIIIII iii 1111111 11 1111 1349439 09/11/2000 03:34P SUED AG Chris C. Munoz 23 of 26 R 130.00 D 0.00 Pueblo Cty Clerk & Ree ADDENDUM TO SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVSION PUEBLO, CO (SEAL) STATE OF COLORADO ) ) ss. COUNTY OF PUEBLO ) CITY OF PUEBLO a Munici a Corporatio President of the Council City C k The foregoin ins rument was acknowledged before me this - day of by Y 1 ei as P Council, and as City Clerk of the City My Comma s pn expires - �2 ry Public `s.lti t 3_ APPROVED AS TO FORM: City Attor Page 5of5 EXHIBIT 1 ADDENDUM TO SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVSION PUEBLO, CO 9/5/00 PHASE PLAN 1 111111 "III IIIII IIIII 1111111 II IIIIIIII III "I'I'I II IIII 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 24 of 26 R 130.00 D 0.00 Pueblo C!y Clerk & Ree PHASE LOT QUANTITY BLOCK LOT NUMBERS AREA h Phase 1 West Community 68 1 65 — 80, 1, 92 — 142 14.24 Acres Phase 2 West Community 72 1 2 — 36, 81 — 91, 199 — 224 11.89 Acres Phase 3 West Community 84 1 37 — 64, 143 — 198 11.09 Acres Phase 1 East Community 71 2 1 — 62, 205 — 213 13.56 Acres Phase 2 East Community 75 2 63 — 112, 180 — 204 11.92 Acres Phase 3 East Community 67 2 113-179 9.48 Acres Commercial 1 1 226 1.79 TOTAL 438 73.97 Acres 1 111111 "III IIIII IIIII 1111111 II IIIIIIII III "I'I'I II IIII 1349439 09/11/2000 03:34P SUBD AG Chris C. Munoz 24 of 26 R 130.00 D 0.00 Pueblo C!y Clerk & Ree EXHIBIT 2 ADDENDUM TO SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVSION PUEBLO, CO 9/5/00 PHASE DIAGRAM WEST COMMUNITY BLOCK 1 I III I Hill 1111111111111111111111111111111 Ili 111111111 IN _ 1349439 R 0.00 Pueb CtY Clerk B EAST COMMUNITY BLOCK 2 111111 111111,1111111111111111 1 1 11111111 111111111111111 Munoz 349439 09/11/2000 03:34P SUBD AG Chris C. 26 of 26 R 130.00 D 0.00 Pueblo Cty Clerk & Rec EXHIBIT 3 ADDENDUM TO SUBDIVISION IMPROVEMENTS AGREEMENT FOOTHILLS SUBDIVISION PUEBLO, CO 9/5/2000 IDENTIFICATION OF THE LANDS EAST OF SUBDIVISION, REFERRED TO IN ARTICLE B.4. OF THE ADDENDUM L 3� / 8 C) 10 O 11 O 1�P 13 14 16 Q \ 18 26th \ _Stree VI iR \1i0 27 26 25 24 5� 23 22 21 25th Street — — ------- - - - - -- - — — ------ - - - - -- 19 \ 18 i 17 2 3 16 4 15 5 i �t 6 1 7 25th Street — — ------- - - - - -- - — — ------ - - - - -- Reception 349440 09/11/2000 NOTICE OF SHALLOW SANITARY SEWER SERVICE LINES Notice is hereby given to the owner(s) of Lots 1 -24, 31 -53, 65 -142, 151 -182, 194 -203 and 213 -217 Block 1, Foothills Subdivision, along with Lots 1 -8, 18 -23, 83 -108, 115 -137, 140 -171 and 184 -211 Block 2, Foothills Subdivision, A Special Area Plan, Pueblo County, Colorado, and their heirs, personal representatives, successors and assigns, that sanitary sewer service to the basements of these lots may require a pumping system due to the elevation of the sanitary sewer line in the street or public right of way. This notice is dated . e ,-- 2000. COUNTY OF PUEBLO ) )SS STATE OF COLORADO ) Foothills Pueblo East LLC The foregoing instrument was acknowledged before me this day of , 200 by Robert L. Drabkin, Manager, Foothills Pueblo West LLC, and Foothills Pueblo East LLC. Witness my hand and official seal. My commission expires: .�44Pilia�lY ' ; a3ARA gqq ii�� [ SEAL ].'U TA R•� ° y: Notary Public Reception 1349441 09/11/2000 DECLARATION OF RESIDENTIAL COVENANTS FOR FOOTHILLS SUBDIVISION THIS DECLARATION, made this 31" day of August, 2000, by Foothills Pueblo East LLC, and Foothills Pueblo West LLC, both Colorado Limited Liability Companies, having a principal office of 1777 Larimer Street, Suite 2001, Denver, CO 80202 (hereinafter referred to as the "Declarant'). WITNESSETH, that WHEREAS, the Declarant is the Owner of that subdivision known as Foothills Subdivision which is located in Pueblo, Colorado, as per plat thereof recorded in the records of the County of Pueblo, State of Colorado; and WHEREAS, the Declarant intends to sell, dispose of, or convey from time to time all or a portion of the Lots in said Subdivision and desires to subject the same to certain protective reservations, covenants, conditions and restrictions (hereinafter referred to as "Conditions ") between it and the acquirers and /or users of the Lots in said Subdivision; NOW, THEREFORE, Declarant hereby certifies and declares that it has established and does hereby establish a general plan for the protection, maintenance, development, and improvement of said Subdivision, and that: THIS DECLARATION is designed for the mutual benefit of the Lots in said Subdivision and Declarant has fixed and does hereby fix the protective conditions upon and subject to which all Lots, parcels, and portions of said Subdivision and all interest therein will be held, leased, or sold and /or conveyed by the Owners or users thereof, each and all of which is and are for the mutual benefit of the Lots in said Subdivision and of each Owner thereof, and will run with the land and will apply to and bind the respective successors in interest thereof, and further are and each thereof is imposed upon each and every Lot, parcel or individual portion of said Subdivision as a mutual equitable servitude in favor of each and every other Lot, parcel, or individual portion of land therein as the dominant tenement, and in favor of Declarant. ARTICLE I DEFINITIONS The following words when used in this Declaration will have the following meanings: (a) "Lot' will mean the single family residential Lots identified as Block 1 Lots 1- 224, Block 2 Lots 1- 213, inclusive, Foothills Subdivision, A Special Area Plan, as shown on the plat. (b) "Declaration" means this Declaration of Residential Covenants and any amendment(s) or modification(s) thereto. (c) "Home" means any building or a portion of a building situated on a Lot designed and intended for use and occupancy as a single family residence. Home includes the term Lot unless otherwise indicated. (d) "Owner" means the record Owner of the fee simple title of a Lot and will include a contract purchaser of any Lot pursuant to a real estate or installment land contract. Owner will not include a contract seller of a Lot pursuant to a real estate or installment land contract. (e) "Plat' means the Plat for Foothills Residential Subdivision recorded in the records of Pueblo County, State of Colorado. 1 111111 11111 1111111111111111111 Ili 1111111 III 11111 I 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 2 of 21 R 105.00 D 0.00 Pueblo Cty Clerk & Rae (f) "Setback" means the shortest distance between a structure and the property line. (g) "Subdivision" means the subdivision created by the plat. (h) "Common Areas" will mean that part of the Subdivision which is not included within the Lots or dedicated to the City of Pueblo as streets or roadways, including, but not limited to parks and green or park -like areas, etc. (i) "Common Expenses" will mean all sums which are required by the Association to perform or exercise its functions, duties, or rights under this Declaration, the Articles of Incorporation, the Bylaws, and such rules and regulations as the Association may from time to time make and adopt. (j) "Common Expense Fund" will mean the fund created or to be created pursuant to the provisions of Article 5of this Declaration and into which all monies of the Association shall be deposited. (k) "Common Facilities" shall mean all equipment, facilities and other property (real, personal or mixed) and interests therein at any time leased, acquired, owned or held by the Association for the use and benefit of the Owners, including, without limitation, all portions of the property (real, personal or mixed) hereafter purchased in accordance with this Declaration with monies from the Common Expense Fund. Common Facilities shall be deemed to be a part of the Common Areas, except to the extent otherwise expressly provided in this Declaration. (l) "Association" will mean the Foothills Community Homeowner's Association, a Colorado non- profit corporation, the Articles of Incorporation and Bylaws of which are attached hereto as Exhibits "A" and "B ", respectively, and incorporated herein by this reference. (m) "Assessment" will mean any Annual, Special, water, sewer, late fee, interest, penalty, fine, or any charge or fee assessed by the Association. ARTICLE II THE ASSOCIATION 2.1 Membership Each Lot shall be entitled to one membership in the Association. If title to a Lot is held by more than one person, the membership appurtenant to that Lot shall be shared by all such persons in the same proportionate interest and by the same type of tenancy in which title to the Lot is held. Each Owner shall be entitled and required to be a member of the Association. Ownership of a Lot within the Subdivision cannot be separated from membership in the Association; each membership shall be appurtenant to the Lot to which it relates and shall be transferred automatically by conveyance to that Lot. No person or entity other than an Owner may be a member of the Association, and membership in the Association may not be transferred except in connection with the transfer of a Lot. Membership will begin immediately and automatically upon becoming an Owner and shall terminate immediately and automatically upon ceasing to be an Owner. 2.2 Memberships and Votes Voting Rights The Owner or Owners of each Lot shall be entitled to one vote for each such Lot owned by said Owner or Owners. If a particular Lot is owned by more than one owner, the vote relating to that Lot shall be exercised as such owners may determine among themselves. A vote cast at any Association meeting by any of such owners, whether in person or by proxy, shall be conclusively presumed to be the vote attributable to the Lot concerned unless an objection is immediately made by another owner of the same Lot. In the event such an objection is made, the 0 IIIIIII i IIIII IIIIIII III IIIIIII III IIIII IIIIIIII 1349441 09/11/2000 03:34P DEC C Chris C. ML 3 of 21 R 105.00 D 0.00 Pueblo Cty Clerk & Ree vote of that Lot shall not be counted for any purpose whatsoever other than to determine whether a quorum exists. 2.3 Board of Directors. The affairs of the Association shall be managed by a Board of Directors which may by resolution delegate any portions of its authority to an executive committee or to a director for the Association. There shall be not less than three directors with the specific number set forth from time to time in the By -Laws. Notwithstanding anything to the contrary provided herein, the members of the Board shall be appointed by Declarant, its successors or assigns, until either 60 days after conveyance of 75% of the Lots, to Owners other than Declarant, or two years after the last conveyance of a Lot by Declarant in the ordinary course of business. Not later than sixty days after conveyance of twenty -five percent (25 %) of the Lots to Owners other than Declarant at least one member of the Board must be elected by Owners other than Declarant. Not later than sixty days after conveyance of fifty percent (50 %) of the Lots to Owners other than Declarant, not less than thirty -three and 1/3 percent (33 1/3 %) of the members of the Board must be elected by Owners other than Declarant. Annexation of additional properties, dedication of Common Area, and amendment of this Declaration of Residential Covenants, requires HUD /VA prior approval as long as the Declarant or Declarant's successors in the Declaration of Residential Covenants for Foothills Residential Subdivision, maintains a weighted vote as provided by Article II Section 2.3 of said Declaration of Residential Covenants. 2.4 Initial Board of Directors The following persons shall serve as the initial Board of Directors: Robert L. Drabkin Stuart Turner Dominic M. Maimone ARTICLE III COMMON AREAS 3.1 No Partition The Common Areas shall be owned by the Association, and no Owner may bring any action for partition thereof. 3.2 Easement of Enjoyment Each Owner shall have a right and easement of use and enjoyment in and to the Common Elements. Such right and easement shall be appurtenant to and shall pass with title to each Lot. Any Owner may delegate the right and easement of use and enjoyment granted by this section to any family members, household guests, tenants, purchasers under contract, or other person who resides on the Owner's Lot. 3.3 Limitation of Easement An Owner's right and easement of use and enjoyment concerning the Common Areas shall be subject to the following: (a) The right of the Association to suspend an Owner's voting rights in the Association and an Owner's right to use the recreational portions of the Common Areas for any period during which (i) an assessment (including water and sewer and late fees) on that Owner's Lot remains unpaid; (ii) for a period not exceeding sixty (60) days for any infraction by such Owner of the provisions of this Declaration or of any rule or regulation promulgated by the Association; and (iii) for successive 60 -day periods if any such infraction is not corrected during any prior 60 -day suspension period; (b) The right of the Association to impose reasonable limitations on the number of guests per Owner who at any given time are permitted to use the Common Areas; W 1 111111 11111 11111 11111 1111111 III 1111111 III 11111 11111111 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 4 of 21 R 105.00 D 0.00 Pueblo Cty Clerk & Rec (c) Any right of the Association to dedicate or transfer all or any part of the Common Areas to any public agency, authority or utility for such purposes and subject to such conditions as may be agreed to by the Association. No such dedication or transfer will be effective unless an instrument signed and agreed to by at least two thirds (2/3) of the membership shall have been recorded, except that the Board of Directors shall have authority to transfer to such public agencies and/or utilities, permits, licenses, easements and rights - of -way which are intended to benefit the Subdivision and which do not have any substantial adverse effect on the enjoyment of the Common Areas by the Owners; and (d) The right of the City of Pueblo, Pueblo County and any other governmental or quasi - governmental body having jurisdiction over the Subdivision to access and rights of ingress and egress over and across any street, parking area, walkway, or open area contained within the Property for purposes of providing police and fire protection, transporting school children; and providing other governmental or municipal service. 3.4 Separate Mortgage by Owners Each Owner shall have the right separately to mortgage or otherwise encumber its Lot. No Owner shall attempt to or shall have the right to mortgage or otherwise to encumber the Common Areas or any part thereof. Any Mortgage or other encumbrance of any Lot within the Subdivision shall be subordinate to all of the provisions of this Declaration, and in the event of foreclosure the provisions of this Declaration shall be binding upon any owner whose title is derived through foreclosure by private power of sale, judicial foreclosure or otherwise. 3.5 Separate Taxation Each Lot shall be deemed to be a parcel and shall be assessed separately for all taxes, assessments and other charges of the State of Colorado, or of any political subdivision of any special improvement district or of any other taxing or assessing authority. Taxes, assessments and other charges pertaining to the Common Areas shall be apportioned by the Association equally among the Lots. 3.6 Mechanic's Lien No labor performed or material furnished for use in connection with any Lot or Home with the consent or at the request of an Owner or its agent or subcontractor shall create any right to file a statement of mechanic's lien against any interest in the Common Areas. 3.7 Easements for Maintenance, Cleaning and Repair Some of the Common Areas are or may be located within or under the Lots or may be conveniently accessible only through the Lots. The Association shall have the irrevocable right to have access to each Lot and all Common Areas from time to time during such reasonable hours as may be necessary for the maintenance, cleaning, repair (emergency or otherwise) or replacement of any Common Areas or Facilities or for making emergency repairs at any time therein necessary to prevent damage to the Common Areas, the Common Facilities, or to any Lot. In addition, agents of the Association may enter any Lot when necessary in connection with any maintenance, repair, replacement, landscaping, construction or reconstruction for which the Association is responsible. Such entry shall be made with as little inconvenience to the Owners as practicable, and any damage caused thereby shall be repaired by the Association with funds from the Common Expense Fund. 3.8 Association's Right to Use Common Areas The Association shall have an easement to make such use of the Common Areas as may be necessary or convenient to perform the duties and functions that it is obligated or permitted to perform pursuant to this Declaration. 3.9 Easement for Completion of Subdivision The Declarant shall have a transferable easement over and on the Common Areas for the purpose of doing all things necessary or appropriate to complete construction of the Subdivision and to make improvements as shown on the Plat. To the extent that damage is inflicted on any part of the Subdivision by any person utilizing this easement, the 0 111111111111111111111111111111111111111 III 1111111111111 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 5 of 21 R 105.00 D 0.00 Pueblo Cty Clerk & Ree Declarant and the person causing the damage shall be liable to the Association for the prompt repair of such damage. 3.10 Water Meters and Common Sewer Connections Declarant may choose to develop the property with master water meters and common sewer connections and submeter the water and sewer services to the Lot Owners.. In the event such common water and sewer meters and connections are utilized, the Homeowners Association assessments referenced in Article V below will include an apportionment of fees for water and sewer services. ARTICLE IV CERTAIN RIGHTS AND OBLIGATIONS OF THE ASSOCIATION AND BOARD OF DIRECTORS 4.1 Compliance The administration of the Subdivision shall be in accordance with the provisions of this Declaration, the Articles of Incorporation, the Bylaws, and the Rules and Regulations duly adopted by the Association. 4.2 The Common Areas The Board of Directors, acting on behalf of the Association and, subject to the rights and duties of the Owners as set forth in this Declaration, shall be responsible for the exclusive management and control of the Common Areas and all improvements thereon (including the Common Facilities) and shall keep the same in a good, clean, attractive, safe and sanitary condition, order and repair. All goods and services procured by the Board of Directors in performing its responsibilities under this section shall be paid for with funds form the Common Expense Fund. 4.3 Miscellaneous Goods and Services The Board of Directors may, on behalf of the Association, obtain and pay for such services, including legal and accounting services, as the Board shall determine to be necessary or desirable for the proper operation of the Subdivision or for the enforcement of this Declaration. 4.4 Real and Personal Property The Board of Directors may acquire and hold on behalf of the Association, real, personal and mixed property of all types for the use and benefit of all of the Owners and may dispose of such property by sale or otherwise, provided that (i) any sale or other disposition of any real, personal or mixed property by the Board of Directors wherein the value of such property exceeds Twenty -Five Thousand Dollars ($25,000); or (ii) any purchase of any real, personal or mixed property by the Board of Directors for an amount in excess of Twenty-Five Thousand Dollars ($25,000) must be approved by a vote of sixty -seven percent (67 %) of the votes held by Owners, either by written ballot or at a meeting duly called for that purpose. The cost of all such property, including Common Facilities, will be paid for out of the Common Expense Fund and all proceeds from the disposition thereof shall be part of such fund. 4.5 Rules and Re ,,ulations The Board of Directors may make reasonable rules and regulations governing the use of the Lots, the Common Areas, and all parts of the Subdivision, which rules and regulations shall be consistent with the rights and duties established by this Declaration. 4.6 Granting Easements The Board of Directors may, without the vote or consent of the Owners or of any other person, grant or create, on such terms as it deems advisable, permits, easements, licenses and rights -of -way over, across and through the Common Areas for utilities and other purposes reasonably necessary or useful for the proper maintenance or operation of the Subdivision. 4.7 Irrigation System for Common Landscaped Area. The Association shall have the right to install, operate and maintain an irrigation system on the Common Areas. The Association shall also have the right to attach irrigation system control panels to the exterior of Homes and to connect to the 5 111111111111111111111111111111111111111111111111111 IN 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 6 of 21 R 105.00 D 0.00 Pueblo Cty Clerk & Ree electrical system of said Homes for the sole purpose of providing a nominal amount of electricity to operate the irrigation system control panels for the landscaped areas. The Owner of any Home which has such a control panel attached to it shall be entitled to a reimbursement from the Association for the estimated cost of electricity to operate said control panel used in irrigating the Common Areas. To the extent water service for the irrigation system is connected a Lot Owners water service the Association will reimburse the Lot Owner for any water used in irrigation of the Common Areas. Any water or electricity used to irrigate and maintain landscaped areas on a Lot will be at the Lot Owners expense. 4.7 Implied Rights The Association may exercise any right, power or privilege given to it expressly by this Declaration or by law, and every other right or privilege reasonably implied from the existence of any right or privilege given to it herein or reasonably necessary to effectuate any such right or privilege. 4.8 Power of Attorney and Amendments Each Owner makes, constitutes and appoints the Association its true and lawful attorney in its name, place and stead to make, execute, sign, acknowledge and file with respect to the Subdivision such amendments to this Declaration and the Map as may be required by law or by vote taken pursuant to the provisions of this Declaration. ARTICLE V ASSESSMENTS 5.1 Agreement to Pay Assessments Each Lot with a Home shall be assessed equally , with equivalent allocations of common expenses for both annual assessments and special assessments, as set forth herein. Declarant shall have no obligation to pay the assessments on Lots owned by Declarant, imposed by the Board to meet the Common Expenses; but Declarant agrees to pay to the Association a sum equal to the difference between the monthly cost of operating an maintaining the Association, exclusive of reserves, and the amount of funds payable by other Owners to the Association. This obligation of the Declarant to subsidize the operations of the Association shall terminate when Declarant relinquishes its right to appoint the Association's Board. Subsequent to such relinquishment, Declarant shall be obligated as any other Owner in reference to Lots then owned by Declarant to pay the estimated Common Expense assessments imposed by the Board to meet Common Expenses. Each Owner of any Lot by the acceptance of instruments of conveyance and transfer therefor, whether or not it be so expressed in said instruments, shall be deemed to covenant and agree with each other and with the Association to pay to the Association all assessments made by the Association as set forth herein. 5.2 Annual Assessments Annual Assessments shall be computed and assessed against all Lots in the Subdivision as follows: 5.2.1 Common Expenses Annual assessments shall be based upon advance estimates of the Association's cash requirements to provide for payment of all estimated expenses arising out of or connected with the maintenance and operation of the Common Areas. Such estimated expenses may include, without limitation, the following: Expenses of management; premiums for all insurance that the Association is required or permitted to maintain hereunder; repairs and maintenance, including, but not limited to, streets, sidewalks, and water and sewer mains; wages of Association employees; utility charges; legal and accounting fees; any deficit remaining from a previous period; creation of an adequate contingency reserve for major maintenance repairs, and replacement of those Common Facilities that must be replaced on a periodic basis; and any other expenses and liabilities which may be incurred by the Association for the benefit of the Owners under or by reason of this Declaration. Such shall constitute the Common Expense, and all funds received from assessments under this Section 5.2.1 shall be part of the Common 11111111111111111111111111111111111111111111111 IN 1111 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 7 of 21 R 105.00 D 0.00 Pueblo Cty Clerk & Ree Expense Fund. Two separate and distinct funds shall be created and maintained hereunder, one for operating expenses and one for capital expenses which together shall constitute the Common Expense Fund. 5.2.2 Apportionment Common Expenses will be apportioned among, and assessed to, all Lots and their Owners equally. The Declarant will be liable for the amount of any assessments against Lots owned by it, subject to the provisions of Article 5. 1, above. 5.2.3 Annual Budget Annual assessments will be determined on the basis of a fiscal year beginning January 1 and ending December 31 next following, provided the first fiscal year shall begin on the date of this Declaration, and, on or before December 1 of each year thereafter, the Board of Directors will prepare and furnish to each Owner or cause to be prepared and furnished to each Owner, an operating budget for the upcoming fiscal year. The budget shall itemize the estimated Common Expenses for such fiscal year, anticipated receipts (if any) and any deficit or surplus from the prior operating period. The budget shall serve as the supporting document for the annual assessment for the upcoming fiscal year and as the major guideline under which the Subdivision shall be operated during such annual period. 5.2.4 Maximum Annual Assessment. Until January 1 of the year immediately following the conveyance of the first Lot to an Owner, the maximum annual assessment shall be $480.00 per Lot. From and after January 1 of the year immediately following the conveyance of the first Lot to an Owner, the maximum annual assessment my be increased each year not more than 20% above the maximum allowable assessment for the previous year without a vote of the membership. From and after January 1 of the year immediately following the conveyance of the first Lot to an Owner, the maximum annual assessment may be increased above 20% by a vote of two - thirds (2/3) of the Owners who are voting in person or by proxy, at a meeting called for this purpose. The Board may fix the annual assessment at an amount not in excess of the maximum. 5.2.5 Notice and Pant Except with respect to the first fiscal year, the Board of Directors will notify each Owner in writing as to the amount of the annual assessment against its Lot on or before December 1 each year for the fiscal year beginning on January 1 next following. Except as otherwise provided by the Board, each annual assessment shall be payable in monthly installments, the first such installment due on the first day of the first full calendar month following the date of the notice of annual assessment, and the remaining due on the I" day of every month thereafter. The Association shall have the right to charge a late fee equal to a minimum of ten percent (10 %) of any assessment not paid within five (5) days of the due date thereof. In addition, all unpaid installments of any assessment shall bear interest at the rate established by the Board of Directors not to exceed eighteen percent (18 %) per annum from five (5) days after the date each such installment became due until paid. The failure of the Board of Directors to give timely notice of any annual assessment as provided herein shall not be deemed a waiver or modification in any respect of the provisions of this Declaration, or a release of any Owner from the obligation to pay such assessment. 5.2.6 Inadequate Funds. In the event the Common Expense Fund proves inadequate at any time for whatever reason, including nonpayment of any Owner's assessment, the Board of Directors may, on behalf of the Association, levy additional assessments in accordance with the procedure set forth in Section 5.3, below, except that the vote therein specified shall be unnecessary. 5.3 Special Assessments In addition to the annual assessments authorized by this Article, the Board of Directors may, on behalf of the Association, levy, at any time and from time to time, on the 7 I IIIIII IIIII IIIII IIIII IIIIIII III IIIIIII III IIIII IIII IN 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 8 of 21 R 103.00 D 0.00 Pueblo Cty Clerk & Ree conditions set forth below, special assessments, payable over such periods as the Board of Directors may determine, for the purpose of paying, in whole or in part, the cost of any construction or reconstruction, unexpected repair or replacement of all or any portion of the Common Areas, or for any other expenses incurred or to be incurred as provided in this Declaration (including, without limitation, Common Expenses). 5.3.1 Vote Required Any special assessment shall require the affirmative vote of two thirds (2/3) of the votes of each class of Owners who are voting in person or by proxy at a meeting called for such purpose. Notice of the meeting shall be sent to all Owners no less than thirty (30) nor more than sixty (60) days before the meeting. At the meeting, the presence of Owners, in person or by proxy, entitled to cast sixty percent (60 %) of all the votes (exclusive of suspended voting rights) of Owners shall constitute a quorum. If the required quorum is not present, another meeting may be called subject to the same notice requirement, and the required quorum at the subsequent meeting shall be Owners entitled to cast thirty percent (30 %) of all the votes (exclusive of suspended voting rights) of the Owners. 5.3.2 Not an Independent Source of Authority This section will not be construed as an independent source of authority for the Association to incur expenses but will be construed to prescribe the manner of assessing for expenses authorized by other sections or articles of this Declaration. Special Assessments shall be apportioned among and assessed to the Lots and their Owners equally. Notice in writing of the amount of each special assessment and the time by which payment is due shall be given promptly to the Owners; no payment shall be due less than thirty (30) days after such notice shall have been given. All unpaid portions of any special assessment shall bear interest at the rate established by the Board of Directors not to exceed eighteen percent (18 %) per annum from the date such portions become due until paid. All funds received from assessments under this section shall be part of the Common Expense Fund. 5.4 Lien for Assessments All sums assessed to Owners of any Lot within the Subdivision pursuant to the provisions of this Article, together with late charges, costs of collection including legal fees and interest thereon as provided herein, shall be secured by a lien on such Lot, superior to any homestead exemption, in favor of the Association. To evidence such a lien, the Board of Directors may prepare a written notice of lien setting forth the amount of the assessment, the date due, the amount remaining unpaid, the name of the Owner of the Lot and a description of the Lot. Such a notice shall be signed and acknowledged by a duly authorized officer of the Association and may be recorded in the office of the County Recorder of Pueblo County, State of Colorado. No notice of lien shall be recorded until there is a delinquency in payment of the assessment. Such lien may be enforced by sale or foreclosure conducted in accordance with the provisions of law applicable to the exercise of powers of sale or judicial foreclosure of deeds of trust or mortgages or in any other manner permitted by law. In any exercise of a power of sale remedy, the Association may appoint its attorney or any title insurance company to act as the trustee in connection with such sale and said trustee shall have all of the rights and powers necessary to convey title to the Lot to the purchaser at any foreclosure sale. In any such foreclosure, the Owner shall be required to pay the costs and expenses of such proceeding (including reasonable attorney's fees), and such costs and expenses shall be secured by the lien being foreclosed. The Owner shall also be required to pay to the Association any assessments against the Lot which shall become due during the period of foreclosure, and all such assessments shall be secured by the lien being foreclosed. The Board of Directors shall have the right and power on behalf of the Association to bid in at any foreclosure sale and to hold, lease, mortgage or convey the subject Lot in the name of the Association. The lien of the assessments provided for herein shall be subordinate to the lien of any first mortgage or first deed of trust of record and to any executory land sales contract wherein the Administrator of Veterans Affairs (Veterans Administration) is seller, whether such contract is owned by the Veterans Administration or its assigns, and whether A 1111111111111111111111111111111111111111111111111111111 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 9 of 21 R 105.00 D 0.00 Pueblo Cty Clerk & Rae such contract is recorded or not. Sale or transfer of any Lot shall not affect the lien for said assessment charges except that sale or transfer of any Lot pursuant to foreclosure of any such first mortgage or deed of trust or any such executory land sales contract or any proceeding in lieu thereof, including deed in lieu of foreclosure, or cancellation or forfeiture of nay such executory land sales contract shall extinguish the lien of assessment charges which became due prior to any such sale or transfer or foreclosure or any proceeding in lieu thereof, including deed in lieu of foreclosure, or cancellation or forfeiture of any such executory land sales contract. No such sales, transfer, foreclosure or any proceed in lieu thereof, including deed in lieu of foreclosure, nor cancellation or forfeiture of any such executory land sales contract shall relieve any Lot from liability for any assessment charges thereafter becoming due nor from the lien thereof. 5.5 Personal Obligation of the Owner The amount of any annual or special assessment against any Lot shall be the personal obligation of the Owner of such Lot to the Association. Suit to recover a money judgment for such personal obligation shall be maintainable by the Association without foreclosing or waiving the lien securing the same. No Owner may avoid or diminish any such personal obligation by waiver of the use and enjoyment of any of the Common Areas or by abandonment of its Lot or by waiving any services or amenities provided for in this Declaration. In the event of any suit to recover a money judgment of unpaid assessments hereunder, the involved Owner shall pay the costs and expenses incurred by the Association in connection therewith, including reasonable attorney's fees. 5.6 Personal Liability of Purchaser The personal obligation of an Owner to pay unpaid assessments against its Lot as described herein shall not pass to successors in title unless assumed by them. Provided, however, a lien to secure unpaid assessments shall not be affected by the sale or transfer of the Lot unless by foreclosure of a first mortgage recorded before the delinquent assessment was due, in which case the foreclosure will extinguish the lien for any assessments that were payable before the foreclosure sale, but shall not relieve any subsequent Owner from paying further assessments. 5.7 Reserve Fund The Association shall establish and maintain an adequate reserve fund for the periodic maintenance, repair and replacement of all or any portion of the Common areas the Association might be obligated to maintain, repair or replace. The reserve fund shall be maintained out of regular assessments for Common Expenses. The Declarant shall establish an initial working capital fund equal to two months assessments for each Lot. Declarant will be entitled on closing of the sale of a Lot to recoup and recover the two month working capital payment from the purchaser of the Lot. To the extent that Declarant develops the Lots in phases the working capital payment may be made in connection with the development of each phase. 5.8 Evidence of Payment of Annual and Special Assessments Upon receipt of a written request by an Owner or any other person, the Association within a reasonable period of time thereafter shall issue to such Owner or other person a written certificate stating (a) that all annual and special assessments (including interest, costs and attorney's fees, if any) have been paid with respect to any specified Lot as of the date of such certificate, or (b) if all annual and special assessments have not been paid, the amount of such annual and special assessments (including interest, costs and attorney's fees, if any) due and payable as of such date. The Association may make a reasonable charge for the issuance of such certificates, which charges must be paid at the time the request for any such certificate is made. Any such certificate, when duly issued as herein provided, shall be conclusive and binding with respect to any matter therein stated as against any bona fide purchaser of, or mortgagee on, the Lot in question. 0 111111111111111111111111111111111111111111111111111 IN 1349441 09/11/2000 03:34P DEC C Chris C. 10 of 21 R 109.00 D 0.00 Pueblo Cty Clerk & Rec ARTICLE VI RESIDENTIAL COVENANTS 6.1 Land Use and Building Type No Lot will be used except for single family, residential purposes, except for common amenities and facilities. No building will be placed or permitted to remain on any Lot other than one single family dwelling not to exceed two stories in height except for common recreation facilities, community buildings and clubhouses which may not exceed thirty - five (35) feet in height. All land use and buildings will be in compliance with all zoning and land use ordinances and regulations of the municipalities and agencies governing the Subdivision and all landscaping, grading and drainage of the land of each Lot will be completed so to comply with the applicable grading and draining plan, as approved by the City of Pueblo for the Subdivision and the Lots therein. 6.2 Construction Requirements All homes will be single family residential use with a minimum of 864 square feet of enclosed heated living area, exclusive of carports, garages and open porches or patios. All construction upon a Lot must be new construction, which includes manufactured homes. In the event an Owner desires to include additional storage space, said storage space will be in the form of a storage shed, a basement, or a garage. All construction requirements contained in this section with regard to the construction of homes will apply equally to the construction of storage sheds and garages. Except with prior written approval of the Architectural Control Committee no homes may have metal trim roofs or aluminum exterior siding and the roof pitch on all homes will be at least 3/12. Exteriors on all homes will be finished with brick, stucco, masonite, hardboard, wood or vinyl siding or the equivalent as approved by the Architectural Control Committee. Driveways are required and will be paved or concrete. All front and back porches must be approved by the Architectural Control Committee prior to construction. 6.3 Landscaping Within six (6) months after occupancy or completion of a home, whichever occurs first, or, for homes completed or occupied after September -) x , by June 30 of the following year, the Owner of such home will have completed preliminary landscaping of the Lot, which preliminary landscaping will include (i) establishing a lawn by seeding or by laying sod, and (ii) planting at least one deciduous tree with a caliper of at least two (2) inches in the front portion of the Lot, or as established and approved by the Architectural Control Committee. An Owner who sells a home before completing the landscaping will remain responsible to cause the Lot to be properly landscaped within the original time frame. The selling Owner's obligation in this section is not transferable or assignable. An Owner has an ongoing obligation to maintain the Landscaping on the Lot. 6.4 Building Location Homes will be set back from any street or Lot lines in accordance with those shown on the Plat or the Special Area Plan. 6.5 Utility Easements Easements for the installation and maintenance of utilities and drainage facilities are reserved as shown on the Subdivision Plat. Within these easements, no structure, planting or other materials will be placed or permitted to remain which may damage or interfere with the installation and maintenance of utilities, or which may change the direction or flow of drainage channels in the easements. The easement area of each Lot and all improvements in it will be maintained continuously by the Owner of the Lot, except for those improvements for which a public authority or utility companies are responsible. Lot Owner assumes the responsibility for damage, repair and replacement of items encroaching on the easement. 6.6 No Redivision of Lots No Lot or Lots may be redivided for the purpose of creating any additional building sites. 10 1111111 11111 311111111111111111 HIM III 1111111111111 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 11 of 21 R 105.00 D 0.00 Pueblo Cty Clerk & Ree 6.7 Nuisances No noxious or offensive activity will be carried on upon any Lot nor will anything be done thereon which may be or may become an annoyance or nuisance to the neighborhood. No rubbish or debris of any kind will be placed or permitted upon any Lot, and no odors will be permitted to arise from such rubbish or debris, which would render any part of the Lot unsanitary or unsightly or which would be offensive or detrimental to any other part of the Subdivision, or to the occupants thereof. All automobiles exposed to view from the front of a home, or any other Lot, or any street or road, will be maintained in good running condition, properly licensed, and will be regularly used. Parking of automobiles or other vehicles on the streets within the Subdivision is prohibited. No commercial or industrial type vehicles, larger than a one ton truck will be stored or parked on any Lot in the Subdivision except during actual use for construction on a Lot or maintenance of the Subdivision. 6.8 Oil and Mining Operations No oil drilling, oil development operations, oil refining, quarrying or mining operations of any kind will be permitted upon or in any Lot no will oil wells, tanks, tunnels, mineral excavations or shafts be permitted upon or in any Lot. No derrick or other equipment designed for use in boring for oil, natural gas or other minerals will be erected, maintained or permitted upon any Lot. 6.9 Livestock, Poultry and Pets No animals, livestock, or poultry of any kind will be raised, bred or kept on any Lot, except for a maximum of two (2) dogs, cats or other household pets, provided they are not kept, bred or maintained for any commercial purpose and that they are strictly controlled pursuant to local ordinances. No more that two(2) such pets will be allowed per Lot. No outside pens, runs or pet dwelling places may be maintained upon any Lot, nor may pets be chained outside of the Home. Pets outside of a Home must be on a leash and accompanied by the Owner. Fierce, dangerous or vicious animals will not be permitted. The Owner of any pet will be responsible for the cleanup of the pet's waste, and will conduct such cleanup promptly. 6.10 Fireplaces and Wood Burning Devices All fireplaces and wood burning devices will meet all Federal, State and local environmental laws and guidelines. 6.11 No Hazardous Activities No activities will be conducted on the Subdivision and no improvement constructed on the Subdivision which are or might be unsafe or hazardous to any person or property. Without limiting the generality of this restriction, no firearms will be discharged upon the Subdivision and no open fires nor incinerators will be lighted or permitted in the Subdivision except in a contained barbeque unit while attended and in use for cooking purposes or within a safe and well - designed fireplace. 6.12 Antennae and Satellite Dishes Television or other antennae will be located or screened so as not to be visible from the nearest street(s) or roadway(s). If it can be demonstrated that it is not possible to receive signals from such a location the Architectural Committee may grant a variance. No satellite dish shall exceed one (1) meter in diameter. No broadcast antenna mast may exceed the height of the center ridge of the roofline. No MMDS antenna mast may exceed the height of twelve feet (12') above the center ridge of the roofline. This section shall be interpreted as restrictively as possible but without violating the Telecommunications Act of 1996. 6.13 Motorbikes and Similar Vehicles All motorcycles, trail bikes, three or four wheel powered devices, automobiles, and two or four -wheel drive recreational type vehicles are to be operated only on established roads and streets and are specifically prohibited from all Common Areas, footpaths and walkways. 6.14 Recreational Vehicles, Boats, Campers, Etc Recreational vehicles, trailers, boats, tractors, vehicles other than automobiles, campers not on a truck, snowmobiles, snow removal equipment 11 11111111111111111111111111111111111111111111111111 I N 49441 09/11/2000 03:34P DEC C Chris C. 12 of 21 R 105.00 D 0.00 Pueblo C!y Clerk & Ree and garden or maintenance equipment will be kept at all times, except when in actual use, in a location not visible from an adjoining Lot or from the street or roadway which runs adjacent to the Lot. 6.15 Garbage and Refuse Disposal No Lot will be used or maintained as a dumping ground for rubbish. Trash, garbage or other waste materials will not be kept except in closed sanitary containers. All equipment for the storage or disposal of such material will be kept in a clean and sanitary condition and away from public view except on those days specified as garbage pickup days, in which case they will be removed from the public view within twelve (12) hours following the time said garbage is picked up. 6.16 Owner's Upkeep of General Appearance of Subdivision and Lots Each Owner of a Lot (whether vacant or otherwise), in the Subdivision, will be responsible for maintaining his Lot clear of rubbish and unsightly debris and will keep said Lot free from weeds or any other unsightly growth, condition or hazard. Each Owner shall be responsible for maintaining and keeping in good repair driveways, sidewalks and underground utilities that exclusively serve their Lot. Such responsibility, for underground utilities, commences at the point of connection to the main. No improvement on the Lot will be permitted to fall into disrepair, and each improvement will at all times be kept in good condition and repair and adequately painted or otherwise finished by its Owner. Should an Owner permit the improvements upon a Lot to fall into disrepair the Association may, but is not required to, have the necessary maintenance performed and bill the Owner for all costs incidental thereto. Such costs, if not paid by the Owner within ten days, shall become a lien upon the Lot which may be enforced as otherwise provided herein for the enforcement of liens. 6.17 Unsightly Articles No unsightly articles will be permitted to remain on a Lot so as to be visible from any other Lot. Without limiting the generality of the foregoing, refuse, garbage and trash will be kept at all times in a covered, noiseless container and any such container will be kept within an enclosed structure or appropriately screened from view. Service areas, storage piles, compost piles and facilities for hanging, drying or airing clothing or household fabrics will be appropriately screened from view. No lumber, grass, shrub or tree clippings or plant waste, metals, bulk materials or scrap or refuse or trash will be kept, stored or allowed to accumulate on any Lot except within an enclosed structure or when appropriately screened from view. 6.18 Temporary or Other Structures No structures of a temporary nature, recreational vehicle, trailer, basement home, tent, shack, garage, barn or other outbuildings will be used at any time as a residence either temporarily or permanently, nor will said structures be permitted on the Lot at any time. No old or secondhand structures will be moved onto any Lot, it being the intention hereof that all homes erected on Lots or within the Subdivision will be new construction of good quality, workmanship and material. Notwithstanding any provision herein contained to the contrary, it will be expressly permissible for the Declarant or home builders building or setting up homes within the Subdivision to maintain during the period of construction and sale of homes, such facilities as may be reasonable required, convenient or incidental to the construction and sale of the homes, including, without limitation, a business office, storage area(s), construction yards, signs, model units and sales office. 6.19 M . No sign of any kind will be displayed to the public view without the approval of the Architectural Control Committee, except (i) such signs as may be used by Declarant in connection with the development of the Subdivision and the sale of homes or Lots; (ii) signs in support of an ongoing political campaign, which signs will be promptly removed at the end of the campaign; and (iii) residential identification signs not to exceed one (1) square foot in surface area. Numbers on residences will be located in a position clearly legible from the street. One for sale sign per lot, not to exceed two feet by three feet in size, may displayed subsequent to Declarants having sold 95% of the Lots to Home Owners. 12 111111111111111111111111111111111111111111111111111111 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 13 of 21 R 105.00 D 0.00 Pueblo C1.y Clerk & Ree 6.20 Auto Repair No major repairing or overhauling of cars, trucks or recreational vehicles will be permitted on the streets, roadways, driveways, or parking areas of the Subdivision. 6.21 Rental of Home. In the event a home is rented to third parties other than the Owners, each Owner will nevertheless be responsible for the compliance with all the terms and provisions of this Declaration and for requiring any tenant to comply with the terms and conditions hereof. Any such lease must be in writing and a copy furnished to Declarant and the Association prior to the commencement of the lease. 6.22 Garage Doors. Garage doors shall be kept closed when not in use. 6.23 No Violation of Law. No Owner nor Owner's guest shall do anything or keep anything in or on the Subdivision which would be immoral, improper, offensive or in violation of any statute, rule, ordinance, regulation, permit or other validly imposed requirement of any governmental body. 6.24 No Business Use. No Lot or Home shall ever be used or caused, allowed, or authorized in any way, directly or indirectly, to be used for any business, commercial, manufacturing, industrial, mercantile, storing, vending , or other purpose, except for a home office which does not generate visitor traffic; provided, however, that Declarant, its successors or assigns, may use a Lot or Lots or Home or Homes owned by Declarant for such facilities as in Declarant's sole opinion may be reasonably required, convenient or incidental to the construction and sale of Homes, including a business office, storage area, construction yard, signs, and display and sales office during the construction and sales period. 6.25 Exemption for Declarant Nothing in this Declaration will limit the right of Declarant to complete excavation, grading and construction of improvements on or to any Lot owned by Declarant, or to alter such improvements, or to construct such additional improvements on a Lot as Declarant deems advisable so long as such Lot remains unsold. ARTICLE VII ARCHITECTURAL CONTROL COMMITTEE 7.1 Formation An Architectural Control Committee, hereinafter referred to as the "Committee ", is hereby established and will be comprised of three (3) persons to serve for a period of five (5) years of the hereof and until their successors will be appointed and qualified. The Committee is initially composed of Robert L. Drabkin, Stuart Turner and Dominic M. Maimone. At such time as the Declarant owns no more Lots in the Subdivision, then the Committee Members by the Declarant will be conclusively deemed to have resigned from the Committee. Vacancies occurring as a result thereof and at the expiration of each five (5) year term thereafter will be appointed by a majority of the Owners who are present at a special meeting called for the purpose of filling such vacancy(ies). 7.2 No Compensation No member of the Committee will be entitled to any compensation for service performed on said Committee, unless approved by the Board of Directors. A majority of the Committee may designate a representative to act for it. 7.3 Plans to be Submitted Before the commencement of the construction, remodeling, addition to, or alteration of or removal of any building, swimming pool, front or back porches, wall, fence, out building or any other structure whatsoever, on any Lot, and further to include landscaping construction including ponds, water walls, statues, retaining walls or other structural component, which is visible from any street, they will apply to the Committee for approval. There will be 13 111111111111111111111111111111111111111111 HIM 1111111 1349441 09/11/2000 03:34P DEC C Chris C. Muno: 14 of 21 R 105.00 D 0.00 Pueblo C!y Clerk & Ree submitted to the Committee: (a) a complete set of plans, including but not limited to, foundations, floor plans, elevations, details, specifications which identify construction material, exterior color scheme, and a site plan showing the location of the structure on the Lot identifying all construction including but not limited to roof overhang lines, all setbacks at point of minimum distance to each property boundary, dimension of Lots, all walks, drives, patios, decks, and walls and /or fences and their construction materials, which set of plans and specifications upon approval will be retained by the Committee to remain on file; (b) if deemed necessary by the Committee, the following may be required: (1) colors and samples of exterior materials, (2) wall sections, (3) roof plan, (4) details of furnishings, (5) the Owner's proposed construction schedule, and (6) an architect's rendering showing the perspective view of the proposed construction. These renderings may be in pencil or ink line drawings. 7.4 Approval in Writing No building, structure, or improvements of any kind, including walls and landscaping, will be erected, altered, placed or maintained upon any Lot unless, and until the complete set of final plans and specifications have been approved in writing by the Committee as to quality of workmanship and materials, harmony of external design with existing structures, and as to location with respect to topography and finish grade elevation. Any resurfacing or painting of the exterior wall areas will be completed in a color texture as close to the original as possible, unless the consent of the Committee is obtained in writing as to a different color and /or texture and except as hereafter provided. 7.5 Committee's Rights and Duties The Committee will have the right to disapprove any plans, specifications or details submitted to it aforesaid, in the event such plans and specifications are not in accord with all the provisions of these restrictions, or if a design or color scheme in the proposed structure is not in harmony with the general surroundings or in harmony with the Lot or adjacent structure, or if the Committee deems the plans and specifications to be contrary to the spirit and intent of this Declaration, or contrary to the interest and the welfare and rights of all or any part or the Subdivision. In approving or rejecting plans, the Committee will have the right to take into consideration the impact of the proposed home upon the views from other Lots. However, no Owner or Lot is assured of the preservation of their views, and no Owner will have a right to compel the Committee to approve or reject plans based upon view preservation. 7.6 Time for Action In the event the Committee will fail to approve or disapprove the plans, specifications and other such information as may be required within thirty (30) days after submission, then such approval will not be required, provided that no building or structure will be erected which violates the terms of this Declaration. 7.7 No Personal or Committee Responsibility Neither the Committee, its members, nor the Declarant will be responsible in any manner whatsoever for any defect in any plans or specifications submitted or as revised by said Committee or the Declarant, or for work done pursuant to the requested changes by said plans and specifications. 7.8 Grant of Variances A majority of the Committee may, from time to time, grant exceptions or variances not in substantial conflict with this Declaration, without the consent of the Owners. 7.9 Work to be Completed in Timely Manner Except for Declarant, the work of constructing any building on any part of the Subdivision will be completed within six (6) months from the commencement thereof. 7.10 Committee to Keep Studies and Reports The Committee will keep on file copies of all drainage and grading studies and reports performed for the benefit of and relating to the Subdivision. 14 IIIIII IIIII IIIII i IIIIIII III i III IIIIII III IIII 1349441 09/11/2000 03:34P DEC C Chris C. Mui 15 of 21 R 105.00 D 0.00 Pueblo Cl.y Clerk & Roe ARTICLE VIII WALLS AND FENCES 8.1 If outside perimeter walls are built by an Owner, it will be six foot concrete masonry block construction, stuccoed or painted on the adjoining property side of the wall in a uniform color approved by the Committee. The Committee may approve a variance from this standard so long as the Committee determines that the appearance will be compatible with the area. The yard fencing will be a minimum of forty -eight inches (48 ") and a maximum of seventy -two inches (72 ") measured from the higher of the finished grades and will be constructed of cedar or equivalent wood or of other materials approved by the Architectural Control Committee. No side yard wall or return may be constructed forward beyond the front of adjacent structures except for necessary retaining walls, or as approved by the Committee. 8.2 Each Owner agrees to share equally with the abutting Lot Owner the cost of side or rear yard walls and/or fencing. In the event an adjoining Lot Owner agrees to build a fence or wall with a neighbor and fails to pay its portion of same, the defaulting Lot Owner may be sued for the costs thereof, and any such damage award shall include costs and reasonable attorney's fees. 8.3 Where there is a grade difference of more than 18 inches between two Lots, a retaining wall may be required which will extend to a point where the grade difference becomes less than 12 inches. 8.4 No chain -link, barbed wire, welded wire, or welded pipe fence will be permitted on any Lot unless the design is approved prior to construction by the Architectural Control Committee. In addition, wrought iron and cedar may be permitted as determined by the Committee. 8.5 Owners will promptly remove all graffiti from all walls, fences, structures and vehicles on their Lots. 8.6 Destruction by Fire or Other Casualty, If a party wall is destroyed or damaged by fire or other casualty, any Owner who has used the wall may restore it; and if the other Owners thereafter make use of the wall, they shall contribute to the cost of restoration thereof in proportion to such use without prejudice, however, to the right of any such Owners to call for a larger contribution from the others under any rule of law regarding liability for negligent or willful acts or omissions. 8.7 Easements for Encroachments. It is the intent that the Homes shall be placed and constructed on the Lots so that the common Lot line separating two Homes, or the garages for those Homes, shall be located between the two adjacent structures along the center of the party wall and shall separate said adjacent structures. However, Easements for Encroachments are hereby dedicated and granted along and adjacent to said common Lot lines so that, if any part of any such structure encroaches across said common Lot line and onto the adjacent Lot, an easement for such encroachment and for the maintenance of the same shall and does exist. Encroachments referred to herein include encroachments caused by minor errors in placement of the original construction on the Lots, minor jogs in foundations or structure walls, and minor deviations between the dimensions shown on the recorded plat and the actual location of the Lot lines in the field. ARTICLE IX DRAINAGE AND EROSION CONTROL 9.1 Each Owner will be responsible for the construction and maintenance of and the handling and disposal of all surface water drainage and storm runoff from their Lot. 9.2 Each Lot Owner is responsible for complying with all applicable drainage and grading plans and reports applicable to the Subdivision and for release or retentions of surface water drainage in 15 111111 11111 11111 11111 1111111 III 1111111 1111111111111111 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 16 of 21 R 105.00 D 0.00 Pueblo Cty Clerk & Ree accordance with said plans and each Owner will hold harmless the City of Pueblo and Declarant from any expense, maintenance and liability connected thereto, including all reasonable attorneys' fees and costs associated therewith. ARTICLE X ENFORCEMENT 10.1 Enforcement of Covenants If any Owner of any Lot in said Subdivision or his/her guests, tenants, heirs, or assigns violates or attempts to violate any of the conditions, restrictions, declarations or covenants herein, it will be lawful for the Association or any other person or persons owning any other Lots in said Subdivision to prosecute any proceeding at law or in equity against the person or persons (and the Owner of the Lot which is in violation) so violating or attempting to violate any such conditions, restrictions, declarations or covenants and either to prevent him /her or them from so doing or to recover damages or other dues for such violations. Any such recovery will include reasonable attorneys' fees and associated costs. 10.2 Reservation to Declarant In order to enhance and protect the value of the Lots described herein, the right to prosecute any proceeding at law or in equity against any person or persons violating or attempting to violate any conditions, restrictions, declarations or covenants set forth herein, either to prevent such violations or to recover damages or other dues for each violation is also expressly reserved to the Declarant, whether or not Declarant is a Lot Owner. This reservation will terminate when improvements have been erected in conformance with these conditions on 100% of the Lots in the Subdivision. 10.3 No Affect on Valid Mortgages Provided, however, that a breach of any of the foregoing conditions, restrictions, declarations or covenants will not in any wise affect any valid mortgage or lien made in good faith and for value and not made for the purpose of defeating the purposes of such conditions, restrictions, declarations and covenants. 10.4 Declarant's Right to Non - Interference. In addition to the other provisions set forth herein, in order that the Declarant's work may be completed as rapidly as possible neither any Owner nor the Association shall do anything to interfere with the Declarant's development of the Subdivision and construction of Homes thereon. ARTICLE XI INSURANCE 11.1 Liability Insurance The Association shall at all times maintain in force, and pay the premium for a policy providing comprehensive general liability insurance coverage covering all of the Common Areas, public ways in the Subdivision, if any, all other areas of the Subdivision that are under the Association's supervision. Such initial coverage shall be at least $1,000,000.00 for bodily injury, including deaths of persons, and property damage arising out of a single occurrence. Coverage under such policy shall include, without limitation, legal liability of the insured for property damage, bodily injuries and deaths of persons with the operation, maintenance, or use of the Common Areas and legal liability arising out of lawsuits related to employment contracts of the Association. If such policy does not include "severability of interest" in its terms, the policy shall include a special endorsement to preclude an insurer's denial of any Owner's claim because of negligent acts of the Association or any other Owner. Such policy shall provide that it may not be canceled or substantially modified, by any party, without at least ten (10) days' prior written notice to the Association and to each First Mortgagee on an individual Lot in the Subdivision. 16 1 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 17 of 21 R 105.00 D 0.00 Pueblo Cty Clerk & Rae 11.2 Hazard Insurance A "master" or "blanket" policy of property insurance will be maintained covering the Common Areas and Facilities to the extent that the items of real, personal and mixed property constituting such Common Areas and Facilities is of the type normally covered by such insurance. Such insurance will provide protection against loss or damage by all perils customarily covered with respect to an amount not less than one hundred percent (100 %) of current replacement costs of all elements of the Subdivision covered by the policy, exclusive of land, foundations, excavation, and other items normally excluded from coverage. 11.3 Additional Coverage The provisions of this Declaration will not be construed to limit the power or authority of the Association to obtain and maintain insurance coverage in addition to any insurance coverage required by this Declaration, in such amounts and in such forms as the Association may deem appropriate from time to time. 11.4 Owner's Own Insurance Each Owner, at its own expense, will be responsible for obtaining and maintaining in force fire, hazard and extended coverage insurance upon its Home and Lot, its personal property, for its personal liability and covering such other risks as it may deem appropriate, provided that each such policy shall provide that it does not diminish the insurance carrier's coverage for liability arising under insurance policies obtained by the Association pursuant to this article. If obtainable under industry practice without an unreasonable additional charge for such waiver, all such insurance shall contain a waiver of the insurance company's right of subrogation against the Association, the Declarant, the Manager, other Owners and their respective servants, agents and guests. ARTICLE XII CONDEMNATION 12.1 Condemnation If at any time or times all or any part of the Common Areas shall be taken or condemned by any public authority under power of eminent domain, the provisions of this article shall apply. A voluntary sale or conveyance of all or any part of the Subdivision in lieu of condemnation, but under threat of condemnation, shall be deemed to be a taking by power of eminent domain. The Association shall represent the Owners in any condemnation proceedings or in negotiations, settlements, and agreements with the condemning authority for acquisition of the Common Areas, or any part thereof, and each Owner hereby appoints the Association as such Owner's attorney -in -fact for the purposes of such representation. 12.2 Proceeds All compensation, damages and other proceeds from any such taking of Common Areas by power of eminent domain (hereinafter the "condemnation award ") will be made payable to the Association and shall be allocated and distributed to the Owners by the Board of Directors, on behalf of the Association, as provided below. 12.3 Complete Taking In the event the entire project is taken by power of eminent domain, ownership pursuant to this Declaration shall terminate, and the condemnation award shall be allocated and distributed to the Owners and the Owners shall divide the condemnation award based upon the relative value of the Lots and Homes immediately prior to the condemnation. Such distribution shall be made by check payable jointly to the Owners and their respective mortgagees, as appropriate. 12.4 Partial Taking In the event that less than the entire Subdivision is taken by power of eminent domain, then: 12.4.1 Allocation of Proceeds As soon as practicable, the Board of Directors on behalf of the Association, shall (i) if apportionment or allocation is already established by negotiation, judicial decree, statute, or otherwise, employ such apportionment or allocation to the 17 111111111111111111111111111111111111111111 HIM III IN 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 18 of 21 R 105.00 D 0.00 Pueblo C!y Clerk & Ree extent that it is relevant and applicable; or (ii) if apportionment or allocation has not been established or is not applicable to the entire condemnation award, reasonably and in good faith apportion the condemnation award or the portion thereof not already apportioned between compensation, severance damages or other proceeds and shall allocate and pay the proceeds to the Owners as follows: (a) The total amount apportioned to taking of or injury to the Common Areas shall be allocated among and distributed to all Owners (including Owners whose entire Lots have been taken) equally. (b) The total amount apportioned to severance damages will be allocated among and distributed equally to the Owners whose Lots have not been taken. (c) The respective amounts apportioned to the taking of or injury to a particular Lot shall be distributed to the Owner or mortgagee on that Lot, as appropriate. (d) The total amount apportioned to consequential damages and any other takings or injuries shall be allocated and distributed as the Board determines to be equitable under the circumstances. (e) Distribution of allocated proceeds shall be made by check payable jointly to individual Owners and their respective mortgagees, as their interests may appear. 12.4.2 Reorganization of the Subdivision After a partial taking, ownership pursuant to this Declaration shall continue, and the Subdivision shall be reorganized as follows: (a) If an entire Lot is taken, the Owner of that Lot will no longer be a member of the Association and all voting rights appertaining to that Lot shall terminate. (b) If a portion of a Lot is taken, the voting rights appertaining to that Lot shall continue, unless the Board of Directors, after considering any recommendations from the Owners, determine that the portion of the Lot not taken cannot be practically used as a Lot, in which case the voting rights shall terminate and the remaining portion of such Lot shall thenceforth be part of the Common Areas. (c) The Board of Directors shall have the duty and authority to take all actions necessary or appropriate to effectuate reorganization of the Subdivision. ARTICLE XIII DAMAGE OR DESTRUCTION 13.1 Association as Attorney -in -Fact Each of the Owners irrevocably appoint the Association as its true and lawful attorney -in -fact for the purpose of dealing with damage or destruction of the Common Areas, as provided for herein. Acceptance by any grantee of a deed from the Declarant or from any Owner shall constitute an appointment by that grantee of the Association as the grantee' attorney -in -fact for the purpose set forth above. As attorney -in -fact, the Association shall have full and complete authorization to make, execute and deliver any contract, deed or other instrument with respect to the Common Areas which may be necessary or appropriate to exercise the powers granted in this Article. 13.2 Procedure In the event that all or any part of the Common Areas should be damaged or destroyed, the Association shall proceed as follows: ffj 1111111111111111111111111111111111111111111111111111111 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 19 of 21 R 105.00 D 0.00 Pueblo Cty Clerk & Ree (a) As soon as practicable, the Association shall obtain estimates of the costs to repair and reconstruct the part of the Common Areas damaged or destroyed. (b) If the proceeds of the insurance maintained by the Association equal or exceed the estimated costs of repair or reconstruction, the Association shall effect such repair or reconstruction with such proceeds. If insurance proceeds are less than the estimated costs of repair or reconstruction, the Association shall levy a special assessment sufficient to provide the additional funds needed to pay the actual costs of repair or reconstruction, without the necessity of the vote normally required under this Declaration for special assessments. Such insurance proceeds and funds from assessments shall constitute a Repair Fund. (c) As soon as practicable, the Association shall commence and diligently pursue to completion the repair and reconstruction of the Common Areas damaged or destroyed. The Association may take all actions necessary or appropriate to effect such repair or reconstruction, as attorney -in -fact for the Owners, and no consent or other action by any Owner shall be necessary in connection therewith, except as otherwise expressly provided in this Declaration. The Common Areas shall be restored to substantially the same condition in which they existed prior to the damage or destruction. (d) After repair or reconstruction, if a balance remains in the Repair Fund, it shall be distributed to the Owners equally. ARTICLE XIV MORTGAGEE PROTECTION 14.1 Notice of Action Upon written request made to the Association by a First Mortgagee, which written request shall identify the name and address of such First Mortgagee, and the number and address of the Lot, any such First Mortgagee, shall be entitled to timely written notice of (a) Any delinquency in the payment of assessments or charges owned by an Owner, whose Lot is subject to a First Mortgage held by such First Mortgagee, which default remains uncured for a period of sixty (60) days; 14.2 Availability of Project Documents and Financial Statements The Association shall maintain and have current copies of the Declaration, Articles, Bylaws, and other rules concerning the Subdivision as well as its own books, records, and financial statements available for inspection, upon reasonable notice and at reasonable hours, by Owners or by holders of First Mortgages that are secured by Lots in the Subdivision. ARTICLE XV MISCELLANEOUS 15.1 Notice to Prospective Purchasers Prospective purchasers of a Lot(s) in the Subdivision should, before purchasing, become familiar with the area in which the Subdivision is located, including the land uses, activities, etc., in the area. 15.2 Term This Declaration will be effective upon the date of recordation hereof and, as amended from time to time, will continue in full force and effect for a term of fifty (50) years from the date this Declaration is recorded. From and after said date, this Declaration, as amended, will be automatically extended for successive periods of twenty (20) years each, unless there is an affirmative vote to terminate this Declaration by sixty -seven percent (67 %) of the Owners of Lots in the Subdivision (one (1) vote per Lot) cast at an election held for such purpose or 19 1 IN 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 20 of 21 R 105.00 D 0.00 Pueblo Cl.y Clerk & Ree otherwise approved in writing by such Owners within six (6) months prior to the expiration of the initial effective period hereof or any twenty (20) year extension. 15.3 Notices Any notice required or permitted by this Declaration to be given any Owner will be deemed to have been given if mailed, postage prepaid, to the person who appears as an Owner, at the latest address for such person appearing in the applicable public records. 15.4 Severability. Invalidation of any one of these covenants by court decree will in no wise affect any of the other provisions, which will remain in full force and effect. 15.5 Amendment This Declaration may be amended by the written approval of not less than Sixty- seven percent (67 %) of the Owners of the Lots within the Subdivision (one (1) vote per Lot). 15.6 Certification of Fee Simple Ownership The Declarant hereby certifies that it is the fee simple Owner of the Lots within the Subdivision. 15.7 Master Association. Declarant intends to develop the Subdivision into an eastern and a western community, separated by Scott Avenue. Declarant retains the right to designate a Master Association for both the eastern and western communities and to designate the eastern and western communities as separate associations, subject to the Master Association. The Board of the Master Association would be comprised of members from both communites and would be selected by the executive board of each of the associations, as specified in documents to be adopted by the Declarant. As an alternative, Declarant may designate the eastern and western communities as separate associations, not subject to any Master Association. 15.8 Declarant's Rights Assignable The rights of Declarant under this Declaration or in any way relating to the Subdivision may be assigned, whereupon the assignee of Declarant will have all the rights of Declarant hereunder. 15.9 Covenants Run With the Land This Declaration and all of the provisions hereof will constitute covenants to run with the land or equitable servitudes, as the case may be, and will be binding upon and inure to the benefit of the Declarant, all parties who hereafter acquire any interest in a Lot, and their respective grantees, transferees, heirs, devisees, personal representatives, successors and assigns. Each Owner or occupant of a Lot or Home will comply with, and all interest in all Lots will be subject to, the terms of this Declaration and the provisions of any rules, regulations, agreements, instruments and determinations contemplated by this Declaration. By acquiring any interest in a Lot, the party acquiring such interest consents to, and agrees to be bound by, each and every provision of this Declaration. 20 IIIIII IIIII 1111111111111111111111111111111111111 IN 1349441 09/11/2000 03:34P DEC C Chris C. Munoz 21 of 21 R 105.00 D 0.00 Pueblo Cty Clerk & Ree IN WITNESS WHEREOF, the undersigned has executed this Declaration the day and year first above written. DECLARANT: • ,����r1RA 8��� /ii `�+�`•, ;._ ^ <• , / / ice 0TA J � STATE OF COLORADO ) COUNTY OF PUEBLO ) 1.1.1 Foothills Pueblo East LLC Foothills Pueblo West LLC Colorado liw ted liabit#y a anager PJ On this, the 31st day of August, 2000, the undersigned person, Robert L. Drabkin, personally appeared before me and acknowledged himself to be the Manager of Foothills Pueblo East LLC, and Foothills Pueblo West LLC, both Colorado limited liability companies, and as such Manager was authorized so to do, executed the foregoing instrument for the purposes therein contained by signing in the name of the limited liability company by himself as manager. IN WITNESS WHEREOF, I have hereunto set may hand and official seal. Notary Public for the State of Colorado My commission expires: CP 1'7 1 g6O -j 21