SUBJECT:
Title
A Resolution of the Town Council of the Town of Erie Approving the Second Amendment to the Development Agreement for Summerfield Filing No. 1
Department
DEPARTMENT: Planning & Development
Presenter
PRESENTER(S): Christopher C. LaRue, Principal Planner
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Time
TIME ESTIMATE: 0
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Fiscal
FISCAL SUMMARY:
N/A
Policy
POLICY ISSUES:
Staff's analysis indicates the proposed Development Agreement (DA) Amendment is consistent with Town Charter, Municipal Code, and the Council's priorities.
Recommendation
STAFF RECOMMENDATION:
Approve the 2nd Development Agreement Amendment for Summerfield Filing No. 1.
Body
SUMMARY/KEY POINTS
* The proposed Second Amendment to the Summerfield Filing 1 Development Agreement addresses an interim drainage condition and provides improvement guarantees.
* The interim condition request was agreed to by the Developer, Northern Water Conservancy District, and New Consolidated Lower Boulder Reservoir and Ditch Company March 7, 2025 (reception no. 5018379). The interim condition request was initiated after a federal permit delay caused the construction sequencing to fall within irrigation season where no activity would be permitted on the Ditch. The permanent drainage improvement will be installed no later than March 1, 2026, in accordance with the originally approved Town of Erie plans. Additionally, updated collateral is required for the interim and permanent improvements which had not been accounted for in the initial Development Agreement.
* No other changes are being proposed, and the remainder of the DA will remain valid.
BACKGROUND OF SUBJECT MATTER:
Town Council approved the original Summerfield Filing 1 Final Plat and Development Agreement in July 2023. The Summerfield Filing No.1 subdivision is generally located south of Highway 52, between Weld County Roads 5 and 7. The plat encompasses 615.6 acres and is included within the larger 976.9-acre Summerfield area. The site has been identi...
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