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OTHER-2021-047-Development agreement regrading Waterstone Orange Rural Frire department and Emergency Services Co location property
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OTHER-2021-047-Development agreement regrading Waterstone Orange Rural Frire department and Emergency Services Co location property
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Last modified
11/3/2021 2:09:28 PM
Creation date
11/3/2021 2:08:23 PM
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BOCC
Date
10/19/2021
Meeting Type
Business
Document Type
Others
Agenda Item
8-d
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Agenda - 10-19-2021 Virtual Business Meeting
(Attachment)
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\Board of County Commissioners\BOCC Agendas\2020's\2021
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of the Facilities at the Property in accordance with the terms of this <br /> Agreement . <br /> D . Development Standards. The Project shall be subject to the Town' s policies and <br /> procedures regarding standards of development, as set forth in the Town' s Land <br /> Use Ordinance . <br /> ARTICLE III <br /> Parties ' Responsibilities <br /> A . The Parties ' agree to negotiate and enter into such other agreements as may be <br /> necessary or appropriate to facilitate the financing and construction of the Project . <br /> The Parties intend that upon substantial completion of construction, they shall <br /> convert the Property ownership to a condominium form of ownership to be <br /> governed by mutually agreed upon covenants . <br /> Be The design of the Facilities shall be mutually agreed upon by the Parties . The <br /> County and ORFD will bear the costs for the preparation of schematic design <br /> drawings in accordance with Article IV . A of this Agreement . The County ' s portion <br /> of costs for design of the Proj ect shall not exceed fifty percent ( 50 %) of total design <br /> costs up to two hundred fifty thousand dollars ($ 250 , 000) . ORFD will be <br /> responsible for contracting for the designer and related professional services <br /> providing preliminary information that inures to the design of the Proj ect . ORFD <br /> shall submit invoices to the County evidencing Project design costs . Upon <br /> processing and approval of such invoices the County shall reimburse ORFD fifty <br /> percent (50 %) of the design costs up to the limit established in this paragraph . <br /> 1 . Upon completion of the design the Parties shall determine , agree to , and <br /> memorialize the sizing and elements of exclusive, shared, and common <br /> area spaces and parking spaces . Such agreement shall be executed by the <br /> Parties and the County shall not be obligated to further expenditures related <br /> to the Project until the execution of such agreement . <br /> 2 . Upon final determination of the sizing and elements of exclusive , shared, <br /> and common area spaces and parking spaces this Agreement will be <br /> amended to reflect the total Proj ect cost . Upon approval of the amendment <br /> by the Parties ' governing boards the Project may proceed to construction . <br /> 3 . Upon approval of the amendment the Parties shall , within a reasonable <br /> time , commence development of the Condominium documents based on <br /> the Parties ' agreement as it relates to the sizing and elements of exclusive , <br /> shared, and common area spaces and parking areas . <br /> C . ORFD , as Owner of the Property, will be primarily responsible for procuring all <br /> necessary development approvals for the Project to permit the Fire Department and <br /> EMS Station and the required associated parking . The County will support ORFD ' s <br /> 5 <br />
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