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HomeMy WebLinkAbout1035 Annexing CDOT Mobility HUB into the Town of Firestone 10-25-20234980506 09/04/2024 01.06 PM Total Pages: 20 Rec Fee: $108.00 Carly Koppes - Clerk and Recorder, Weld County, CO ORDINANCE NO. 1035 AN ORDINANCE OF THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO ANNEXING THE PROPERTY KNOWN AS THE CDOT MOBILITY HUB ANNEXATION TO THE TOWN OF FIRESTONE, COLORADO; AND APPROVING THE ASSOCIATED ANNEXATION AGREEMENT WHEREAS, the Board of Trustees previously adopted Resolution 23-93, finding substantial compliance and initiating annexation proceedings for the CDOT Mobility Hub Annexation, as described therein and as described below; and WHEREAS, the Board of Trustees previously adopted Resolution 23-114, setting forth findings of fact and determinations regarding the eligibility of CDOT Mobility Hub Annexation for annexation; and WHEREAS, the Colorado Department of Transportation, who submitted the petition relating to the CDOT Mobility Hub Annexation, and the Town wish to agree to certain terms pertaining to the CDOT Mobility Hub Annexation; and WHEREAS, the Board of Trustees has determined that it is in the best interests of the Town of Firestone to annex the property to be known as CDOT Mobility Hub Annexation (the "Property") to the Town. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO: Section 1. The Board of Trustees makes and adopts the determinations and findings contained in the recitals set forth above. Section 2. The Board of Trustees hereby incorporates the findings of Resolution 23-93 and Resolution 23-114; the Board of Trustees further finds that the annexation of the Property is in compliance with the Municipal Annexation Act of 1965 and that it is in the best interests of the Town to annex the Property to the Town. Section 3. The Property, as more particularly described in Exhibit A, attached hereto and incorporated herein, is hereby annexed to the Town and made a part of the Town, to be known as the CDOT Mobility Hub Annexation, which annexation shall become effective upon completion of the conditions contained in C.R.S. § 31-12-113, including, without limitation, all required filings for recording with the Weld County Clerk and Recorder. Section 4. The Annexation Agreement between the Colorado Department of Transportation and the Town of Firestone regarding the CDOT Mobility Hub Annexation is approved in substantially the same form as the copy attached hereto as Exhibit B. Upon the effective date of this Ordinance, the Mayor is authorized to execute such Agreement on behalf of the Town. Section 5. That in annexing the Property to the Town, the Town does not assume any obligation regarding the construction of water mains, sewer lines, gas mains, electrical service lines, streets or any other service or utilities in connection with the Property hereby annexed, except as may be provided by ordinances of the Town. 4980506 09/04/2024 01.06 PM Page 2 of 20 INTRODUCED, READ, ADOPTED, APPROVED, AND ORDERED PUBLISHED BY TITLE this 25th day of October, 2023. TOWN OF FIRESTONE, COLORADO Drew Aliu ete on, Mayor" -TON, �O ?• O ATTEST; 10 00*(— Y"` APPROVE" TO F William P. Hayashi, To Attorney 4980506 09/04/2024 01.06 PM Page 3 of 20 EXHIBIT A (Legal Description) TWO AREAS OF LAND IN THE NORTHWEST 1/4 OF SECTION 11, TOWNSHIP 2 N, RANGE 68 W, OF THE 6TH PRINCIPAL MERIDIAN, IN WELD COUNTY, COLORADO, SAID TRACT OR PARCEL BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE WEST SIXTEENTH CORNER OF SAID SECTION 11, AS MONUMENTED BY A 2" ALUMINUM CAP STAMPED "PLS 29430" THENCE S65° 12' 37" W, A DISTANCE OF 275.8 TO A POINT ON THE RAM LAND ANNEXATION, AS DESCRIBED IN THE COUNTY OF WELD AT REC NO 2720551, DATED 09/15/99, SAID POINT BEING THE POINT OF BEGINNING A; PARCEL DESCRIPTION (AREA A) 1. THENCE ALONG SAID ANNEXATION AND THE COWBOY CORRAL ANNEXATION, AS DESCRIBED IN THE COUNTY OF WELD AT REC NO 3461534, DATED 3/13/07, S00°09'17E, A DISTANCE OF 78.31 FEET TO A POINT ON THE LAMBERTSON ANNEXATION, AS DESCRIBED IN THE COUNTY OF WELD AT REC NO 3502678, DATED 09/07/07; 2. THENCE AROUND SAID LAMBERTSON ANNEXATION, S02°27'44"E, A DISTANCE OF 3 72. 10 FEET; 3. THENCE S89029'00"W, A DISTANCE OF 487.21 FEET TO POINT A; 4. THENCE N17058'40"E, A DISTANCE OF 85.75 FEET; 5. THENCE LEAVING SAID LAMBERTSON ANNEXATION, N12°04'45"E, A DISTANCE OF 322.34 FEET; 6. THENCE N89050'41 "E, A DISTANCE OF 322.44 TO THE POINT OF BEGINNING OF A; THE ABOVE DESCRIBED AREA CONTAINS 188,897 SQ. FT. (4.336 ACRES), MORE OF LESS. AND BEGINNING AT POINT OF BEGINNING A; THENCE S00°09'17"E, A DISTANCE OF 78.31 FEET; THENCE S02027'44"E, A DISTANCE OF 372.10 FEET; THENCE S89°29'00"W, A DISTANCE OF 487.21 FEET; THENCE S 19°27'41 "W, A DISTANCE OF 80.87 FEET TO POINT OF BEGINNING B; PARCEL DESCRIPTION (AREA B) 1. THENCE CONTINUING ALONG SAID LAMBERTSON ANNEXATION, S 19.27,41 "W, A DISTANCE OF 270.00 FEET; 2. THENCE S 110 13'03"W, A DISTANCE OF 343.47 FEET; 3. THENCE S72044'43"E, A DISTANCE OF 144.50 FEET TO A POINT ON SAID COWBOY CORRAL ANNEXATION; 4. THENCE S39028'31"W, A DISTANCE OF 311.91 FEET; 5. THENCE S05022'12"W, A DISTANCE OF 294.59 FEET; 6. THENCE LEAVING SAID COWBOY CORRAL ANNEXATION, N, N83°38'05"W, A DISTANCE OF 29.19 FEET; 7. THENCE N07018'39"E, A DISTANCE OF 286.35 FEET; 8. THENCE N11°03'13"E, A DISTANCE OF 528.81 FEET; 9. THENCE N11044'51 "E, A DISTANCE OF 172.42 FEET; 10. THENCE E N27031'09"E, A DISTANCE OF 217.99 FEET TO POINT OF BEGINNING B THE ABOVE DESCRIBED AREA CONTAINS 47,019 SQ. FT. (1.079 ACRES), MORE OR LESS. THE TOTAL ABOVE DESCRIBED PARCELS COMBINED CONTAIN 235,915 SQ. FT. (5.416 ACRES), MORE OR LESS. 4980506 09/04/2024 01.06 PM Page 4 of 20 EXHIBT B (Annexation Agreement) 4980506 09/04/2024 01:06 PM Page 5 of 20 4980354 09/04/2024 08:04 AM Total Pages: 16 Rec Fee: $88.00 Carly Koppes - Clerk and Recorder, Weld County, CO FIRESTONE LONGMONT MOBILITY HUB ANNEXATION AGREEMENT This Agreement is made and entered into thi,,A_;lay of , 2024, by and between STATE OF COLORADO DEPARTMENT OF 'I'IIANSPo A'FION, ("Annexor"), whose legal address is 2829 W. Howard Place, Denver, Colorado, 80204 and the TOWN OF FIRESTONE, a Colorado municipal corporation, with a legal address of 9950 Park Avenue, Firestone, Colorado, 80504 (the "Town"). The "Town and Annexor may be termed individually a "Party" or collectively the "Parties." WHEREAS, the Annexor holds fee title to more than fifty percent (50%) of the property to be atmexed to the Town pursuant to the FIRESTONE LONGMONT MOBILITY HUB ANNEXATION and as more particularly described in Exhibit A, attached hereto, (hereinafter the "Annexation Property" or the "Property"); and WHEREAS, the Annexor desires to have the Property annexed to and be subject to the jurisdiction of the Town, upon and subject to the terms and conditions set forth herein, all of which conditions are agreeable to the Annexor; and WHEREAS, the Annexor intends to file a Petition to annex the Property to the Town; and WHEREAS, the Parties desire to include in this Agreement certain provisions, understandings and agreements regarding the Property and its annexation; and WHEREAS, the Town Board of Trustees has determined that it is in the best interest of the Town to annex the Property, to provide municipal services thereto, and to receive revenues, if applicable, froin the Property upon the terms and conditions contained herein. THEREFORE, in consideration of the recitals, promises, mutual covenants and agreements herein contained, the parties agree as follows: Warranties of Parties. (a) Annexor. (i) Annexor is the legal and equitable owner of that certain portion of the Annexation Property, as more particularly described in Exhibit A-1. (b) Town of Firestone (i) The Town of Firestone is a Colorado statutory municipality and has the power to take all actions required to authorize this Agreement and to carry out the obligations hereunder. 2. Annexation. The annexation of the Annexation Property shalt be in accordance 4980506 09/04/2024 01.06 PM Page 6 of 20 4980354 09/04/2024 0&04 AM Page 2 of 16 with the Colorado Municipal Annexation Act of 1965, as amended, the Firestone Municipal Code and all applicable laws. (a) Conditions Precedent. Annexation of the Property shall not become effective, and neither the Annexor nor the Town shall record or cause to be recorded the items described in C.R.S. § 31- 12- 113(2)(a)(II)(A) or this Agreement, until all of the following conditions have been satisfied (it being acknowledged that the Town shall record the requisite documents to effect annexation of the Property upon satisfaction of the conditions precedent): (i) The Annexor and the Town have mutually executed and delivered this Agreement; (ii) The ordinance approving the annexation of the Property has become effective in accordance with the provisions of the Firestone Development Code; and (iii) The Board of Trustees approves Regional Commercial (RC) zoning for the Property. (b) Failure of Conditions. Until the conditions precedent set forth in subparagraph 2.a have been satisfied, this document shall constitute an offer by the Annexor and the Town to enter into this Agreement (notwithstanding the parties' mutual execution and delivery of this document), and the annexation of the Property to the Town shall not become effective. In such case, neither the Annexor nor the Town shall record or cause to be recorded this Agreement or the items described in C.R.S. § 31- 12- 1 13(2)(a)(II)(A). 3. Purpose. The purpose of this Agreement is to set forth the terms, conditions, and fees to be paid by the Annexor upon the initial development of the Property. Unless otherwise expressly provided to the contrary herein, all conditions contained herein are in addition to any and all requirements of the Firestone Development Code and Firestone Municipal Code, as amended. 4. Consent to Annexation. Annexor hereby consents to the annexation of the Property subject to the terms of any Petition for Annexation filed with the Town, pursuant to C.R.S. § 31- 12-107(1), and this Agreement. 5. Zoning. (a) Annexor hereby consents to the zoning of the Property as Regional Commercial (RC), in accordance with the Town's established zoning designations. Initial zoning of the Property shall be considered simultaneously with the Petition for Annexation by the Town as allowed by the Colorado Municipal Annexation Act of 1965. 2 4980506 09/04/2024 01.06 PM Page 7 of 20 4980354 09/04/2024 0&04 AM Page 3 of 16 (b) Because the zoning of property in Colorado constitutes legislative action by a municipality, nothing in this Agreement shall be construed to be an agreement, commitment, or contract binding the Town to approval of any specific zoning. Moreover, nothing in this Paragraph shall constitute or be interpreted as a waiver or abrogation of the Town's legislative, governmental, or police powers to later rezone the Property to promote and protect the health, safety and general welfare of the Town or its inhabitants. 6. Application of Town Laws. Except as expressly provided herein, all Town ordinances, regulations, policies, and procedures, and all requirements contained in the Firestone Development Code and Firestone Municipal Code, currently in effect and as the same may be amended from time to time, shall be applicable to the use and development of the Property, upon annexation. 7. Water Services. The Town will provide water services to the Annexation Property, if Aiulexor satisfies all requirements of the Firestone Development Code or Firestone Municipal Code including, but not limited to, the dedication of water rights and/ or the payment of fees in lieu thereof, and the construction of water lines and facilities necessary to service the land use proposed for the Property. (a) No Vested Rights. IT IS EXPRESSLY UNDERSTOOD AND AGREED THAT ANNEXOR HAS NO CLAIM OR ENTITLEMENT TO RECEIVE WATER UTILITY SERVICES FROM THE TOWN OR RIGHT TO ANY PORTION OF THE SUPPLY OF WATER OR CAPACITY IN THE TOWN'S WATER SYSTEM TO SERVE THE POTENTIAL MAXIMUM DEVELOPMENT OF THE PROPERTY OR FUTURE SUBDIVISION PHASES UNDER 'PHIS AGREEMENT. Annexor acknowledges and agrees that no vested property rights are granted by this Agreement. Further, Annexor hereby waives and releases any common law vested rights, whether known or unknown, suspected, or unsuspected, contingent or fixed, relating to water treatment and conveyance capacity, which Annexor may or might hereafter have or acquire against the Town arising from or relating to the granting of any land -use approvals, building permits, certificates of occupancy, or the construction of public improvements. (b) System Connection. Annexor acknowledges and agrees that capacity in the Town's water system may not be available or capable of serving the potential maximum development of the Property, and that the Town is not making and it expressly disclaims any express or implied warranty, representation, or commitment of any kind that the Property is capable of receiving water utility services from the Town, to sell or furnish utility services or extend utility infrastructure to the Property for future development, or to make available capacity from the existing Town water utility system sufficient to meet the projected water needs of the Property or any future development of the Property. (c) No Guarantee of Water. Nothing in this Agreement shall be construed to provide or warrant, and the Town specifically disclaims, and that it is obligated under this Agreement to supply any guaranteed minimum or maximum volume or quantity of potable 4980506 09/04/2024 01.06 PM Page 8 of 20 4980354 09/04/2024 0&04 AM Page 4 of 16 water to the Property at any time, nor is the Town making any express or implied warranty, representation, or commitment of any kind regarding the available supply, flow rates or quantity of potable water. 8. Sewer Services. Town does not provide wastewater services to the Annexation Property, and Annexor acknowledges that the Town has no obligation under this Agreement to provide sewer service to the Annexation Property upon annexation. Annexor is directed to St. Vrain Sanitation District for the provision of wastewater services. Annexor shall be responsible for satisfying all requirements of St. Vrain Sanitation District for the extension of wastewater services necessary to serve the land use proposed for the Annexation Property. 9. Other Services. Upon annexation, the Town shall provide all customary public safety (but excluding fire protection) and public roadway and maintenance services to the Annexation Property, to the same extent and upon the same terms and conditions as such services are provided to other properties throughout the Town. 10. Special District Formation. The Town will allow the formation of a special district on the Property to finance the construction of public improvements, subject to the applicable provisions of the Firestone Development Code and Firestone Municipal Code, as amended. (a) Annexor shall submit a proposed service plan for the special district, and the Town shall review and timely act upon such service plan and the organization of the special district in accordance with C.R.S., § 32-1-204.5, and any other applicable state statutes. 11. Special District Inclusion. Upon annexation or upon thirty (30) days' written notice of the Town to Annexor, as determined by the Town, Annexor shall initiate an action necessary to assure inclusion of the Annexation Property into the Northern Colorado Water Conservancy District, the Municipal Subdistrict, Norther Colorado Water Conservancy District, the St. Vrain Sanitation District, Frederick -Firestone Fire Protection District, the Carbon Valley Recreation District (if the Property is not yet within one or more of these districts), and any other special districts as determined by the Town. 12. Special District Exclusion. (a) Upon annexation, Annexor will initiate and diligently pursue actions necessary to assure exclusion of the Annexation Property from any and all special districts that provide municipal services to the Annexation Property of a type described in sections 7 and 8; provided, however, that Annexor shall not be required to complete any such exclusion until such time that the Town or the special districts are able to actually provide such services to the Annexation Property. (b) Upon annexation, the Town may, at its option, initiate actions necessary to assure exclusion of the Property from any and all special districts that provide municipal services to the Annexation Property of a type described in sections 7 and 8. The Annexor shall bear the related costs and legal 4 4980506 09/04/2024 01.06 PM Page 9 of 20 4980354 09/04/2024 0&04 AM Page 5 of 16 fees for said exclusion, including any amounts as may be required to pay to any special district to effectuate exclusion, if the exclusion proceedings are initiated within 12 months of the effective date of the annexation. 13. Water Dedication. To the extent that there are appurtenant to the Property certain surface and/or groundwater "water rights" owned by Annexor, ("the Water Rights"), Annexor agrees to grant to the Town a right of first refusal relating to the Water Rights as follows: (a) Grant of Right of First Refusal. Annexor hereby agrees to grant to the Town a right of first refusal to acquire the Water Rights, if any, owned by Annexor ("Right of First Refusal"). (b) Exercise of Right of First Refusal. Annexor will not sell the Water Rights, or any part thereof, without first offering it to the Town for purchase. The Right of First Refusal granted to the Town shall be honored by Annexor and exercised in the following manner: (i) If, at any time, Annexor elects to place the fee title interest in the Water Rights for sale to a third -party, or Annexor receives a bona fide third -party offer to purchase or otherwise acquire title to the Water Rights, or any part thereof, any contract which may be entered into between Annexor and such bona fide purchaser shall specifically provide that the transaction shall be subject to the Right of First Refusal set forth in this Agreement. (ii) In the event that Annexor enters into such contract with a bona fide third -party purchaser, the Town shall have the prior right to purchase and acquire title to the Water Rights, or the portion thereof described in such contract, upon the same terns and conditions as therein provided or, at Annexor's option, for cash, except in the event the Water Rights are to be conveyed or purchased in conjunction with a transfer of the Annexation Property; in such case where the fee title interest in the Water Rights is to be conveyed or purchased in conjunction with the sale or purchase of the fee title interest in the Annexation Property, the Town shall have the prior right to purchase and acquire title only to the Water Rights without having to acquire the Annexation Property with the Water Rights, and if the Town exercises the right of first refusal under such circumstances, Annexor shall be required to execute and deliver a Dry -Up covenant as part of the proposed sale and conveyance of the Water Rights to the Town. (iii) Annexor shall submit to the "Town a duplicate original of an executed contract with the bona fide purchaser, together with 4980506 09/04/2024 01.06 PM Page 10 of 20 4980354 09/04/2024 0&04 AM Page 6 of 16 duplicate originals executed by Annexor of a contract between Annexor and the Town, containing the same terms and conditions as the purchase and sale contract with the third -party bona fide purchaser, except as provided in paragraph (ii) above. If, after the receipt of such documents, the Town shall fail to exercise its right of first refusal by signing and returning to Annexor within 60 days of receipt, a signed copy of said contract, Annexor shall have the right to conclude the proposed sale and conveyance on the same terms and conditions, and no other, as in the contract with the bona fide third -party purchaser. (iv) The Town's failure to exercise its Right of First Refusal, or its written disclaimer of such right, shall be deemed a waiver and cancellation of such Right of First Refusal if the proposed sale and conveyance to the same bona fide third party purchaser is consummated. If the proposed sale and conveyance to the same bona fide third -party purchaser is not consummated, the Right of First Refusal herein set forth shall not be deemed waived or cancelled, but shall remain in full force and effect. The Town's failure to exercise, or disclaimer of, such Right of First Refusal with respect to any transfer of less than all of the Water Rights shall not be deemed a waiver of such right with respect to that part of the Water Rights owned by Annexor after such transfer. (v) This Right of First Refusal shall apply to all transactions involving a conveyance of title to the Water Rights, or any portion thereof, including but not limited to a purchase, an exchange, or any other transfer of an interest in the Water Rights for consideration. (c) Non -Transferability. This Right of First Refusal shall be deemed a right extended solely and exclusively to the Town and to no third parties whether or not affiliated with the Town. The Town shall not convey or assign, in whole or in part, any of its rights associated with this Agreement to any person or third -party without Annexor's prior written consent, which shall not be unreasonably withheld. 14. Special Provisions. (a) Mobility HUB Maintenance- CDOT will be responsible for maintenance of the entire Mobility Hub area unless or until another maintenance agreement is reached (b) Signalization. CDOT will evaluate traffic volumes once the Mobility Hub is constructed and operational and at appropriate intervals thereafter. If a future development's Traffic Impact Study ("TIS") shows that the intersection at the Mobility Hub warrants signalization in conjunction with CDOT's input, it will be the responsibility 6 4980506 09/04/2024 01.06 PM Page 11 of 20 4980354 09/04/2024 0&04 AM Page 7 of 16 of the Annexor to create and construct the proper signalization. If it is demonstrated that the signal is warranted by a TIS or other appropriate means prior to and future development, CDOT commits to installation of a signal once funds are identified and allocated for this purpose. 15. Assignment. The rights, duties, and obligations of the Annexor hereunder may be assigned to another person or entity only with the prior written consent of the Town. In such event, the assignee shall assume all of the rights, duties, and obligations of the Annexor hereunder and the Annexor shall be correspondingly relieved from all such liabilities, duties, and obligations. 16. Notices. All notices, demands or other documents required or desired to be given to either party under this Agreement shall be made in writing and shall be deemed effective upon receipt and shall be personally delivered or mailed by certified mail as follows: Town: Town Manager Town of Firestone 9950 Park Avenue, Firestone, CO 80504 Annexor: State of Colorado Department of Transportation 2829 W. Howard Place, Denver, Colorado, 80204 17. Remedies. The sole and exclusive remedies of Annexor against the Town for any breach of this Agreement shall be limited to breach of contract claims. The Town's remedies under this Agreement include, but are not limited to, the following: (a) The refusal to issue any building permit or certificate of occupancy; (b) The revocation of any building permit previously issued under which construction directly related to such building permit has not commenced, except a building permit previously issued to a third party; (c) A demand that the security given for the completion of any public improvements be paid or honored; and (d) Any other remedy available at law. 18. Cooperation. This Agreement is the product of the voluntary and cooperative effort of the Parties and shall not be construed or interpreted against either Party solely on the basis of that Party having drafted any portion of this Agreement 19. Binding Effect of Agreement. This Agreement shall inure to the benefit of and be 7 4980506 09/04/2024 01.06 PM Page 12 of 20 4980354 09/04/2024 0&04 AM Page 8 of 16 binding upon the successors and the assigns of the respective parties. The parties' respective rights and obligations set forth in this Agreement shall constitute covenants that shall run with the land. 20. Recordation. Upon annexation of the Property, this Agreement shall be recorded in the records of the Clerk and Recorder of Weld County, State of Colorado. 21. Future Acts. Following execution of this Agreement, the parties covenant and agree that they will cooperate with each other in accomplishing the terms, conditions, and provisions of the Agreement, and will execute such additional documents as necessary to effectuate the Agreement. 22. Third Parties. The covenants, stipulations and agreements contained in this Agreement are and shall be for the sole and exclusive benefit of the parties hereto and their respective successors and assigns, and nothing in this Agreement, express or implied, is intended nor shall be construed of confer upon or give any other person any rights, remedy or claim under or by reason of the Agreement. The Town shall not be obligated or liable under the terms of this Agreement to any person or entity not a party hereto. Further, the Town shall not be bound by any contracts or conditions that Annexor may negotiate with third parties related to matters set forth in this Agreement. 23. Police Power. Nothing contained in the Agreement shall constitute or be interpreted as a repeal of existing Codes or ordinances or as a waiver or release of the Town's legislative, governmental or police powers to promote and protect, the health, safety, morals or general welfare of the municipality or its inhabitants. This Agreement shall not prohibit the enactment by the Town of any tax, fee, ordinance, resolution, rule, or regulation which is of uniform and general application. 24. No Partnership or Agency. Notwithstanding any language in this Agreement, neither party shall be deemed a member, partner, or joint venture of each other and neither party shall be responsible for the debts or liabilities of the other nor the other's contractor or agent. 25. Venue. This Agreement is being executed and delivered and is intended to be performed in the State of Colorado, and the laws of Colorado shall govern the validity, construction, enforcement, and interpretation of this Agreement. Exclusive jurisdiction and venue for resolution of any dispute arising hereunder shall be in the District Court for Weld County, Colorado. 26. Atoorney's Fees. In the event that it is necessary to initiate legal proceedings to enforce the provisions of this Agreement, the non -prevailing party shall be responsible for all reasonable legal expenses and costs incurred by the prevailing party, including reasonable attorney's fees. M 4980506 09/04/2024 01.06 PM Page 13 of 20 4980354 09/04/2024 0&04 AM Page 9 of 16 27. Effective Date. This Agreement shall be effective and binding upon the parties immediately upon the effective date of an ordinance annexing the Property, regardless of whether the Agreement is executed prior to the effective date of said ordinance annexing the Property. 28. Entire Agreement. This Agreement including the Exhibits and Recitals, which are incorporated herein, set forth the entire agreement of the parties concerning the Den -more Annexation. There are no promises, terms, conditions, or obligations other than those contained herein that exist with respect to the annexation. This Agreement shall supersede all other provisions, communications, representations, or agreements, either verbal or written, between the parties with respect to the annexation and the economic incentives. 29. Waiver Limitations. A written waiver by either party to this Agreement of the breach of any term or provision of this Agreement shall not operate or be construed as a waiver or any subsequent breach by another party. 30. I leadinas. The headings of the sections or subsections of this Agreement are only for the convenience and reference of the parties and are not intended to define, limit, or describe the scope or intent of this Agreement. 31. Severability. If any part, term or provision of this Agreement is held by any court of competent jurisdiction to be illegal, invalid or unenforceable, the validity of the remaining provisions shall not be affected, and the rights and obligations of the parties shall be construed and enforced as if the Agreement did not contain the particular part, term or provision held to be invalid, and the parties shall cooperate to cure any such defect. 32. No Vested Property Rim. It is understood and agreed by the parties that no vested property rights are granted by this Agreement. The Annexor represents to the Town that there are no vested rights to the Annexation Property from the County of Weld or any other governmental entity. Annexor hereby waives and releases any prior vested rights which may have been so granted or acquired in Weld County so long as the Property remains annexed into the Town. 33. Disconnection. No right or remedy of disconnection of the Annexation Property from the Town shall accrue from this Agreement, other than that provided by C.R.S. § 31-12-1 19. In the event the Annexation Property or any portion thereof is disconnected from the Town at the Annexor's request, the Town shall have no obligation to serve the disconnected Annexation Property. 34. Referendum. If the annexation of the Annexation Property or any portion thereof is challenged by a referendum, all provisions of the Agreement, together with the duties and obligations of each party, shall be suspended pending the outcocne of the referendum election. If the referendum challenge to the annexation results in disconnection of the Annexation Property from the Town, then this Annexation Agreement shall be null and void and of no further effect. If the referendum challenge fails, then the Annexor and the Town shall continue to be bound by this Annexation Agreement. 9 4980506 09/04/2024 01.06 PM Page 14 of 20 4980354 09/04/2024 0&04 AM Page 10 of 16 35. Court Order. In the event that the annexation of the Property or any portion thereof is voided by Final Action ("Final Action" means that no appeal can be made or the time to appeal has expired) of a court of proper jurisdiction (such Final Action not being associated with referendum or initiative matters), the Town and the Annexor shall cooperate to cure any legal defects cited by the court or that resulted in disconnection of the Annexation Property, and immediately upon such cure this Annexation Agreement shall be deemed to be an agreement to annex the Property to the Town pursuant to the Colorado Municipal Annexation Act of 1965. The Annexor shall reapply for annexation when the Initial Annexation Property becomes eligible for annexation as determined by the Town. IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first set forth above. [Remainder of page left intentionally blank ----Signature Pages to follow] 10 4980506 09/04/2024 01.06 PM Page 15 of 20 4980354 09/04/2024 08:04 AM Page 11 of 16 ANNEXOR: STATE COLORADO DEPARTMENT OF TRANSPORATION --I -�z S TEVr�COLORADO ss. COUNTY OF ) e� e f regoing Annexation Agreement was signed and sworn to before me byfl , as of State of Colorado Department of Transportation, this0TWay of , 20 Witness my hand and official seal. X, — ���AQr�ea-� (Notary Public Official Sig ture) ------------------ - . -- (Title of office) (Commission Expiration) BERTHA A. JAIMES Notary Public - State of Colorado Notary ID 20134025434 My Commission Expires July 21, 2025 (Remainder of page left intentionally blank —Signature Pages to follow) 4980506 09/04/2024 01.06 PM Page 16 of 20 4980354 09/04/2024 08:04 AM Page 12 of 16 TOWN OF FIRESTONE, a Colorado municipal corporation o 1 Con�aG / Jr r -,�xo o Qw4 ;4 12 4lr 4980506 09/04/2024 01.06 PM Page 17 of 20 4980354 09/04/2024 08:04 AM Page 13 of 16 EXHIBIT A TWO AREAS OF LAND IN THE NORTHWEST 1/4 OF SECTION 11, TOWNSHIP 2 N, RANGE 68 W, OF THE 6TH PRINCIPAL MERIDIAN, IN WELD COUNTY, COLORADO, SAID TRACT OR PARCEL BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE WEST SIXTEENTH CORNER OF SAID SECTION 11, AS MONUMENTED BY A 2" ALUMINUM CAP STAMPED "PLS 29430" THENCE S650 12' 37" W, A DISTANCE OF 275.8 TO A POINT ON THE RAM LAND ANNEXATION, AS DESCRIBED IN THE COUNTY OF WELD AT REC NO 2720551, DATED 09/15/99, SAID POINT BEING THE POINT OF BEGINNING A; PARCEL DESCRIPTION (AREA A) 1. THENCE ALONG SAID ANNEXATION AND THE COWBOY CORRAL, ANNEXATION, AS DESCRIBED IN THE COUNTY OF WELD AT REC NO 3461534, DATED 3/13/07, S00°09'17"E, A DISTANCE OF 78.31 FEET TO A POINT ON THE LAMBERTSON ANNEXATION, AS DESCRIBED IN THE COUNTY OF WELD AT REC NO 3502678, DATED 09/07/07; 2. THENCE AROUND SAID LAMBERTSON ANNEXATION, S02°27'44"E, A DISTANCE OF 372.10 FEET; 3. THENCE S89029'00"W, A DISTANCE OF 487.21 FEET TO POINT A; 4. THENCE N 17°58'40"E, A DISTANCE OF 85.75 FEET; 5. THENCE LEAVING SAID LAMBERTSON ANNEXATION, NI2-04'45"E, A DISTANCE OF 322.34 FEET; 6. THENCE N89050'41 "E, A DISTANCE OF 322.44 TO THE POINT OF BEGINNING OF A; THF, ABOVE DESCRIBED AREA CONTAINS 189,897 SQ. FT. (4.336 ACRES), MORE OF LESS. AND BEGINNING AT POINT OF BEGINNING A; THENCE S00'09'17"E, A DISTANCE OF 78.31 FEET; THENCE S02'27'44"F_, A DISTANCE OF 372.10 FEET; THENCE S89'29'00"W, A DISTANCE OF 487.21 FEET; THENCE S 19'27'41 "W, A DISTANCE OF 80.87 FEET TO POINT OF BEGINNING B; PARCEL DESCRIPTION (AREA B) I. 'THENCE CONTINUING ALONG SAID LAMBEWI'SON ANNEXATION, S 19.27-41 "W, A DISTANCE OF 270.00 FEET; 2. THENCE S 1 to 13'03"W, A DISTANCE OF 343.47 FEET; 3. THENCE S72044'43"E, A DISTANCE OF 144.50 FEET TO A POINT ON SAID COWBOY CORRAL ANNEXATION; 4. THENCE S39028'31 "W, A DISTANCE OF 311.91 FEET; 5. THENCE S05022' 12"W, A DISTANCE OF 294.59 FEET; 13 4980506 09/04/2024 01.06 PM Page 18 of 20 4980354 09/04/2024 0&04 AM Page 14 of 16 6. THENCE LEAVING SAID COWBOY CORRAL ANNEXATION, N, N83-38'05"W, A DISTANCE OF 29.19 FEET; 7. THENCE N07"18'39"E, A DISTANCE OF 286.35 FEET; 8. THENCE NI 1 °03' 13 "E, A DISTANCE OF 528.81 FEET; 9. THENCE NI 1 044'51 "E, A DISTANCE OF 172.42 FEET; 10. THENCE E N27031'09"E, A DISTANCE OF 21799 FEET TO POINT OF BEGINNING B THE ABOVE DESCRIBED AREA CONTAINS 47,019 SQ. FT. (1.079 ACRES), MORE OR LESS. THE TOTAL ABOVE DESCRIBED PARCELS COMBINED CONTAIN 235,915 SQ. FT. (5.416 ACRES), MORE OR LESS. 14 4980506 09/04/2024 01.06 PM Page 19 of 20 4980354 09/04/2024 0&04 AM Page 15 of 16 EXHIBIT A-1 15 4980506 09/04/2024 01.06 PM Page 20 of 20 0 w OgFT"ya a k3 oos wzg Sn d� 4980354 09/04/2024 0&04 AM Page 16 of 16 h /f S8 R alb i Y I I ' I y, I , I , g p gg a F3 bard b��Y Yy�_ Yak gR�� �4e6 i I ! � � ;y� u' NN S �d■ 0`bR �� � 6Yk��3 YYY eq �i e r JJ M�i�gg�¢a i� �e SHOP i g gq}pq ab'� a; k S 9 p i s gg CEiCE pH I� Eg � 6 x� �'x �p� �c=' t'�_3^¢ o ��ngb�� �� oe�� r�•v°� a ��=�H e y i 5j q�•e �:� pp84��&GRG� &4 � �pp7 n�e@� i ?'-• $ s d'rta.a �' F gEe` c 4� b 6 S� ;® �a SR �EE61 b{$�n' �i- 3� ❑ `� '� Zn�S �fi i��` � i� � � � 'I Rug IC8'1 LC p pk R 3� 4ie�� Leo < y<$ ,X"yhyQ j;<�5WOQo` gggg ; e V IQ $ �y-� < I' NIuWb°ib�:�ybyf 5�� 4"� 'J3Y4 �b �R t �i €§.•'.BY;�NYR �mv6Y4�'YY4YYM y yy a �5