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Resolution 2021-06
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Resolution 2021-06
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Last modified
5/7/2024 3:12:27 PM
Creation date
2/25/2021 6:48:43 AM
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Template:
City Council Records
Also Known As (aka)
Public Infrastructure Assistance Agreement with Revitalization Commission and CORVUS NIDUS LLC
Meeting Date
2/2/2021
Doc Type
Resolution
Ord/Res - Year
2021
Ord/Res - Number
6
Original Hardcopy Storage
9C5
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such event, the City shall use its best efforts to notify Developer at the earliest practical <br />date and time. The City may also, during the cure period and until completion of the <br />improvements in compliance with this Agreement, withhold any additional building <br />permits, certificates of occupancy, or provision of new utilities fixtures or services. Nothing <br />herein shall be construed to limit the City from pursuing any other remedy at law or in <br />equity which may be appropriate under city, state or federal law. Failure to timely <br />complete construction of Project Improvements which is due to inclement weather, <br />unavailability of labor or materials, or force majeure shall not be considered a breach of <br />the Agreement. Any costs incurred by the City, including, but not limited to, reasonable <br />administrative costs and reasonable attorney's fees, in pursuit of any remedies due to the <br />breach by the Developer shall be the responsibility of the Developer. <br />b. Reimbursement to City. Upon Developer's breach of any of its obligations <br />beyond any applicable cure period, the City may complete construction, repairs, <br />replacements, or other work of Developer, in which event Developer shall reimburse the <br />City within thirty (30) days after receipt of written demand and supporting documentation <br />from the City. If Developer fails to so reimburse City, then Developer shall be in default of <br />the Agreement, and the City shall have any remedy at law or in equity which may be <br />appropriate under city, state or federal law to enforce Developer's obligations under this <br />Agreement. <br />4. Entire Agreement. This instrument shall constitute the entire agreement <br />among the LRC, the City, and Developer and supersedes any prior agreements between <br />the Parties and their agents or representatives, all of which are merged into and revoked <br />by this Agreement with respect to its subject matter. Contact information is as follows: <br />If to Developer: <br />Corvus Nidus, LLC <br />Attn: Joshua Martinsons <br />707 12'" Street <br />Boulder, CO 80302 <br />Phone: 917-327-9301 <br />Joshua@theroseandraven.com <br />If to LRC: <br />Louisville Revitalization Commission <br />Attn: Economic Vitality <br />749 Main Street <br />Louisville, CO 80027 <br />303.335.4531 <br />mpierce@louisvilleco.gov <br />4 <br />24 <br />
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