HomeMy WebLinkAboutcoa.pi.375 N. Spring PUBLIC IMPROVEMENTS AGREEMENT
BETWEEN
THE CITY OF ASPEN AND , 'TI~ be~ F,~'/~,t-V. ~.'~
~AS, ~,,,~ ~t~y ~ ~~tp i~o~e~s) of~e real
prope~ located at (s~eet ad,ess) ~ M, ~PD/~ ~. ~l ~ (md legal
aescfipfion) ~ I; ~w~ ~ ~ ~ i ~o~ ofprope~, Aspen, Colorado,
(hereina~er "O~ers"); ~d
~AS, O~er h~ recently received lind development approval(s); md
~AS, O~efs prope~ may b~efit ~om ~e public ~provement~such as sto~
~ge systems, s~eet li~g, sidew~s, c~bs md ~ers, md s~il~ pubic ~p~ovements for
~e eons~cfon; md
~AS, ~ese ~prov~ents se~e en~e nei~borhoods md ~eas ~eater ~m a single
prope~ md ~efore ~e impractical for ~vidu~ prope~ o~s to desi~ md cons~uct; md
~AS, ~e CiW Eng~eer does not reco~d ~e co~cfion of such ~prov~ents
at ~s t~e due to exist~g improvements or conditions.
NOW, THE~FO~, ~e p~ies a~ee ~ follows:
1. ~er a~ees to join ~e ~provement dis~ct(s) est~lished to plm, desi~, md
cons~ct such public ~provements md to finmci~ly pmicipate on a pro rata basis ~ may be
esmb~shed by ~ ~sessment fo~a to ~clude prop~ ~e~ prop~ frontage, per each prope~,
or o~er b~is of ~sessment, ~ appropriate, ~ det~ned by ~e CiW Co~cil ac~g ~ a Bo~d of
Assessment in accordmce ~ ~e CiW Cheer or ColorMo State law.
2. ~ ~e ~temafive, at ~e CiW's option, ~e CiW may cons~ct ~e above ~provements
md o~ shall reimb~se ~e CiW for ~1 costs of such co~ction on a pro rata b~is established
by m ~sessm~t fo~ula. Re~b~em~t sh~l be made to ~e CiW ~n ~neW (90) days ~er
receipt of invoice. ~ ~e event of f~l~e to pay, ~e cost shall be placed ~ a lien ag~st ~e
prope~ to m wi~ ~e lind.
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448748 X1/X3/2~ 82:52P ~GREEHEN DRVXS SXLVX
1 o( 2 R 1~.~8 D 9.89 N 8.88 PXTKXN COUNTY CO
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 mn with the land and shall be
recorded to provide notiee to subsequent owners of the property.
Entered into this~ day of ~ ~
State of Colorado )
County o '~f~n~'~a ))
The foregoing ins ~t~-ument ,was acknowledge~t~efore llle this ~- day of ~ ~-
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448748 11/13/2800 02:52P RGREEIIEN DI~VIS SI'LV! nmm
2 e~* 2 R 18.00 D 0.80 N 0.08 PITKIN COUNTY CO
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