Ordinance 2007-1517 - Laserfiche WebLink

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11I111111111111111111111111111111111111111111111111111I ~~;~~?:?~p Boulder County Clerk, CO ~NNEX~TION R 46.00 0 0.00 ANN:EXATION AGREEMENT THIS AGREEMENT is made and entered into this J 7 11 day of APRIL ,2007, by and between WILLIS D. HAMM, hereinafter referred to as the "Owner," and the CITY OF LOUISVILLE, a municipal corporation of the State of Colorado, hereinafter referred to as '''Louisville'' or "City". WITNESSETH: WHEREAS, the Owner desires to annex to Louisville the property more particularly described on Exhibit "A," which is: attached hereto, incorporated herein, and made a part hereof (such property is hereinafter referred to as the "Subject Property"); and WHEREAS, Owner has exe(~uted a petition to annex the Subject Property, a copy of which petition is attached hereto as: Exhibit. "B," and incorporated herein and made a part hereof; and WHEREAS, it is to the mutual benefit of the parties hereto to enter into the following Agreement; and WHEREAS, Owner acknowledges that upon annexation, the Subject Property will be subject to all ordinances, resolutions:, and other regulations of the City of Louisville, as they may be amended from time to time; and WHEREAS, Owner acknowledges that the need for conveyances and dedication of certain portions of the Subject Prop1erty, including but not limited to property for ways and easements to Louisville as contemplated in this Agreement, are directly related to and generated by development intended to occur within the Subject Property and that no taking thereby will occur requiring any compensation. NOW, THEREFORE, IN CONSIDERATION OF THE ABOVE PREMISES AND THE COVENANTS AS HEREINAFTER SET FORTH, IT IS AGREED BY AND BETWEEN THE PARTIES AS FOLLOWS: 1. Owner agrees to execute, promptly upon request of Louisville, any and all surveys and other documents necessary to effect the annexation of the Subject Property and the other provisions of this Agreement. Owner agrees to not sign any other petition for annexation of the Subject Property or any petition for an annexation election relating to the Subject Property, except upon reques:t of Louisville. 2. Owner agrees to provide legal documents, surveys, engineering work, newspaper publication, maps, and reports determined by Louisville to be necessary to accomplish the annexation, and agrees to pay Louisville an annexation fee in the amount of Three Hundred Dollars ($300.00) plus Sixty Dollars ($60.00) per acre annexed. {OOO19256.DOC:l} I ('(\,1 'lLle,