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<br />" <br /> <br />. <br /> <br />. <br /> <br />PLAN ANP AGREEMENT <br /> <br />This Plan and Agreement is jointly entered into and adopted <br />by the City Council of the City of Grand Junction, on behalf of <br />the City of Grand Junction, Colorado ("city"), and the Board of <br />Directors of the Ridges Metropolitan District, on behalf of the <br />Ridges Met.ropolitan District ("District"), and is intended to <br />constitute both the plan required by C.R.S. 32-1-701 et seq. and <br />the agreement referred to in c.R.S. 32-1-702 and 32-1-704. <br /> <br />RECITALS <br /> <br />A. The City is willing to enter into this Plan and Agree- <br />ment, contingent on the completion of the annexation to the City <br />of the lands contained in the District. <br /> <br />B. The District is willing to enter into this Plan and <br />Agreement if the city agrees to provide municipal services to the <br />residents of the District on the same basis as other residents of <br />the City receive City services, except as otherwise provided <br />herein, and if the City refinances the District's outstanding <br />debt. <br /> <br />NOW, THEREFORE, the City and the District agree as follows: <br /> <br />1. Definitions. As used in this Plan and Agreement, the <br />following words and phrases have the following meanings: <br /> <br />A. "Annexation date" means the date sixty-one days <br />after the effective date of the City's ordinance annexing the <br />District lands; provided, however, that if an action for review <br />of the annexation is commenced as provided in Section 31-12-116, <br />C.R.S., the "annexation date" shall be the date on which final <br />judgment, not subject to further appellate review, is entered by <br />a court with jurisdiction, upholding the validity of the annex- <br />ation ordinance. <br /> <br />B. "Board" means the Board of Directors of the Ridges <br />Metropolitan District. <br /> <br />C. "city" means the City of Grand Junction, Colorado. <br /> <br />D. "City Council" means the city Council of the City. <br /> <br />E. "Dissolution action" means the action commenced by <br />the District in the District court, pursuant to C.R.S. 32-1-701 <br />et sea., to dissolve the District. <br /> <br />F. <br /> <br />"District" means the Ridges Metropolitan District. <br /> <br />.::md <br /> <br />EXHIBIT <br /> <br />M <br />