HomeMy WebLinkAbout20-44 Amendment to SA for Saddleback F3 04-08-2020RESOLUTION NO. 20-44
A RESOLUTION OF THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE,
COLORADO, APPROVING THE FIRST AMENDMENT TO SUBDIVISION
AGREEMENT FOR SADDLEBACK FILING NO. 3
WHEREAS, The Town and Sterling Corporation (“Sterling”) entered into that certain
Subdivision Agreement for Saddleback Filing No. 3 subdivision (“Subdivision”), dated October
17, 2018, and subsequently recorded on October 22, 2018, in the records of the Weld County Clerk
and Recorder’s Office (the “Original Agreement”), in furtherance of the development of
approximately 21.971 acres, more or less, of the Saddleback Filing No. 3 Property, as more fully
described in Exhibit A to the Original Agreement (the “Property”).; and
WHEREAS, Sterling, as fee simple owner of the Property within the Subdivision,
subsequently conveyed title to the Property to Melody Homes, Inc. (“Owner”) and assigned all its
obligations under the Original Agreement to Owner. Owner is a party to the Original Agreement
between the Town and Sterling, as evidenced by that certain Assignment of Subdivision
Agreement, dated February 13, 2019, and recorded on March 18, 2019, in the records of the Weld
County Clerk and Recorder’s Office; and
WHEREAS, The City and Owner desire to enter into this Amendment to amend, modify,
change and alter certain provisions of the Original Agreement to allow for the construction of up
to twenty-three (23) featured single-family homes on certain platted lots within the Subdivision;
and
WHEREAS, the Board of Trustees wishes to authorize the execution of a “First
Amendment to Subdivision Agreement” with Owner to accommodate the above changes.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN
OF F IR ESTONE, COLORADO:
The First Amendment to Subdivision Agreement for Saddleback Filing No. 3 is approved
in substantially the same form as the copy attached hereto and made a part of this resolution. The
Mayor is authorized to execute the amendment on behalf of the Town.
INTRODUCED, READ AND ADOPTED this 8th day of April, 2020.
TOWN OF FIRESTONE, COLORADO
Bobbi Sindelar, Mayor
8th April