HomeMy WebLinkAboutcoa.pi.855 Bay Street-Morse 1999
AUG-04-1999 09:17
/"-
9709634658 P.04
I
I
~
PUBLIC IMPROVEMENTS AGREEMENT
BETWEEN
THE CITY OF ASPEN AND "';::;:;;Y"7~.$ #' ~r.s e
WHEREAS, ~,...., -€s /~. ~i- < <.> is/are ownCI(s) of the real
property located at (street address) ~.... AAtv,)/'! .-4r"'p<-,~, p/.?// (andlegal
/
description) (See Attached) of property , Aspen, Colorado,
(hereinafter "Owners"); and
WHEREAS, Owner bas recently received land development approval(s); and
WHEREAS, Owner's property may benefit from future public improvements such as storm
drainage systems, street lighting, sidewalks, curbs and gutters, and similar public improvements for
future construction; and
WHEREAS, these improvements serve entire neighborhoods and areas greater than a single
property and therefore are impractical for individual property owners to design and construct; and
WHEREAS, the City Engineer does not recommend the construction of such improvements
at thistime due to existing improvements or conditions.
NOW, THEREFORE, the parties agree as follows:
1. Owner agrees to join future improvement district(s) established to plan, design, and
construct such public improvements and to financially participate on a pro rata basis as may be
established by an assessment formula to include property area, property frontage, per each property,
or other basis of assessment, as appropriate, as determined by the City CO\lIlcil acting as a Board of
Assessment in accordance with the City Charter or Colorado State law.
2. In the alternative, at the City's option, the City may construct the above improvements
and owner shall reimburse the City for all costs of such construction on a pro rata basis established
by an assessment formula. Reimbursement shall be made to the City within ninety (90) days after
receipt of invoice. In the event of failure to pay, the cost shall be placed as a lien against the
property to run with the land.
lMPltD$n.ooc
11/(1119I
1 OF 2
1111111111111111111111111111111111111111111111111111111
43&99& 10/2~/1999 10:02A AGREEftEN DAVIS SI~VI
1 of 3 R 1~.00 D 0.00 N 0.00 PITKIN COUNTY CO
AUG-04-1999 09:18
9709634658 P.05
3. This agreement shall be binding and shall inure to the benefit of the heirs, assigns, and
successors in title of the parties hereto. This agreement shall run with the land and shall be
recorded to provide notice to subsequent owners of the property.
Entered into this ~ day of ~",. .7 . 19.2;Z.
By: ~~ H~....<?
.c:7
-'
State ofC.leraee )
mlel1pn )
CO\lIlty ofPit'''':- )
f\I1l,\~kepV1
The foregoing instrument was acknowledged before me this 5'1-11 day of A u~ust
19.9.3..., by St:l.V\Iles. A. (V'\O($e...
Witness my hand and official seal.
~~hU1 0. . ctr1 PJ'2-(L
My commission expires:
Notary Public
Nc!IluY ,.::- A. FALSI! . .
MyCon1m~~-:::~'~ .. _ ''''.
,.......
. ~'~... -l,. .....
:''''fl ~ (,)'.-.
: : i:! , -, o.
;~; 0 · ...J :0::
';;'~ d (Q :Q>:::
\. - .-
0--.",- ~ /~.:::
><'~'..." .'0 ~
,0:. _" ..- {, "
<r,t.l' ........"'~ "
~""''', P.t\JS"\,:~"
"1. ''''"'"1'''''''''
Address:
:fiL/LlO t. 8rt:XJ.t1way ~
o t./-t./
CITY OF ASPEN, COLORADO, A Municipal Corporation
Approved as to fonn: -.:q-- Q' /7~
'---If'"
,-',
''''''''
...........,.
2 OF 2
1111111111111111111111111111111111111111111111111111111
436996 10/2~/1999 10:02A AGREEftEN DAVIS SI~VI
2 of 3 R 1~.00 D 0.00 N 0.00 PITKIN COUNTY CO
TOTAL P.05
LEGAL DESCRIPTION OF 855 BAY STREET, ASPEN, CO. 81611
LOT 1, CREEKTREE SUBDIVISION, according to the Plat thereof
recorded February 14, 1978 in Plat Book 6 at Page 83 and the
First Amended Plat Creektree Subdivision, recorded June 21, 1995
in Plat Book 37 at Page 54.
1111111111111111111111111111111111111111111111111111111
436996 10/2~/1999 10:02A AGREEftEN DAVIS SI~VI
3 of 3 R 1~.00 D 0.00 N 0.00 PITKIN COUNTY CO