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HomeMy WebLinkAbout20131541.tiffRESOLUTION RE: APPROVE AGREEMENT FOR GENERAL RELEASE OF ALL CLAIMS AND AUTHORIZE CHAIR TO SIGN - GERRARD EXCAVATING, INC. WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with an Agreement for General Release of All Claims between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Gerrard Excavating, Inc., with terms and conditions being as stated in said agreement, and WHEREAS, after review, the Board deems it advisable to approve said agreement, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Agreement for General Release of All Claims between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Gerrard Excavating, Inc., be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 19th day of June, A.D., 2013. BOARD OF S COUNTY COMMISSIONERS WELD CO41NT /-COLORADO Weld County Clerk to the Board BY Deputy erk to t APPROVED AS TO unty Attorney / Date of signature: JUL o 2 2013 WilliamGarcia Chair Douglrhi as Radema Sean P. Conway Mike Freeman EXCUSED Barbara Kirkmeyer her, Pro-Tem cc,' Ai) 66``64 M`c,O 3946080 Pages: 1 of 3 )°Z /940/07/09/2013 10:25 AM R Fee:$0.00 Steve Moreno, Clerk and Recorder, Weld County, CO /ilE.� VIII 111� t14A' �1I�R 11111 C.L 1--i/- owe 2013-1541 BC0044 AGREEMENT FOR GENERAL RELEASE OF ALL CLAIMS THIS GREEMENT FOR GENERAL RELEASE OF ALL CLAIMS is entered into this ‘-1 day of , 2013, by Gerrard Excavating, Inc., whose address is 27486 County Road 13, Loveland, CO 80534, and by the County of Weld, a political subdivision of the State of Colorado, by and through the Board of County Commissioners of the County of Weld, whose address is P.O. Box 758, 1150 O Street, Greeley, Colorado 80632. Gerrard Excavating, Inc., in consideration of the payment of the amounts set forth below, and with the intent of binding itself, its successors, assigns, and legal representatives (referred to herein collectively as "Gerrard"), hereby executes this General Release of All Claims (hereinafter referred to as "General Release") in favor of the County of Weld, a political subdivision of the State of Colorado, for itself, the Board of County Commissioners of the County of Weld, its officers and employees (referred to herein collectively as "Weld County"). Recitals In September, 2007, Gerrard agreed in an Off -Site Road Improvements Agreement (hereinafter referred to as "the Agreement") to make certain improvements to Weld County Road ("WCR") 13 in connection to improvements made by Gerrard to property located in the SW 1/4 of Section 18, Township 5 North, Range 67 West of the 6th P.M. Weld, Colorado (hereinafter referred to as "the Property"). At the time the Agreement was entered into, the parties estimated the cost of the improvements to WCR 13 to be approximately $197,798.33. The actual cost of the improvements to WCR 13 was $262,811, making the difference between the estimated and actual cost $65,012.67. Consideration In consideration for this General Release, Weld County agrees to pay to Gerrard the difference between the total cost of $262,811 and the contracted amount of $197,798.33 ($65,012.67). Gerrard hereby acknowledges receipt of full payment of said amount. Additionally, Gerrard shall be eligible for road impact fee credits in the sum of $98,899.17 (of which $6,065.28 has already been utilized by Gerrard) for road impact fees incurred by Gerrard. General Release Gerrard voluntarily and knowingly releases and forever discharges Weld County from any and all claims, demands, actions at law or in equity that Gerrard has ever had or now has or which it may have in the future, or that anyone claiming through or under it has had or now has or may in the future have, against Weld County in any manner arising out of the Agreement and Gerrard's construction of the improvements to WCR 13. By way of example, but not by way of limitation, Gerrard specifically releases and discharges Weld County, now and forever, from any and all claims for torts, claims for unjust enrichment, claims for breach of contract, claims for breach of the covenants of good faith and fair dealing, claims pursuant to 42 U.S.C. Section 1983, or the like concerning this Agreement 3946080 Pages: 2 of 3 1 2013-1541 07/09/2013 10:25 AM R Fee:$0.00 Steve Moreno, Clerk and Recorder, Weld County, CO VIII INFAYIPl1ti'Ifh'higkLTIVA RTMLIti11,Y141I III B C o wet Li Gerrard understands that it may have suffered damages that are unknown to it at the present time. Gerrard further acknowledges that it is possible that any damages of which it is presently unaware and in any manner arising out of the Agreement and its construction of the improvements to WCR 13 may become known in the future. With such knowledge, Gerrard elects to, and hereby does, assume all risks for such claims heretofore or hereafter arising, known or unknown, including those claims listed in the paragraph immediately above. Gerrard understands that this General Release is a compromise of doubtful and disputed past, current, and/or future claims in any manner arising out of the Agreement and its construction of the improvements to WCR 13. The provision of the consideration described above by Weld County is not intended by it and therefore should not be construed to be an admission of liability on the part of Weld County or anyone else. Weld County previously denied and continues to deny liability for any claims and/or damages arising out of; or to arise out of, the Agreement and Gerrard's construction of the improvements to WCR 13. Weld County intends, by way of this Release, to bring an end to any and all litigation, or possible litigation in the future, with respect to the claims or potential claims described herein. Gerrard understands that this is a full, complete, and final release of Weld County, and that the consideration described above is all Gerrard will ever receive concerning any and all past, current, and/or future claims in any manner arising out of the Agreement and its construction of the improvements to WCR 13. ON BEHALF OF GERRARD, I HAVE READ THIS RELEASE AND I REALIZE THAT ITS CONTENTS HAVE IMPORTANT LEGAL CONSEQUENCES. I HAVE BEEN ENCOURAGED TO CONSULT WITH AN ATTORNEY OF MY CHOICE TO DISCUSS THE PROVISIONS OF THIS RELEASE. I UNDERSTAND ALL OF THE CON TENTS HEREOF. I FURTHER UNDERSTAND THAT ON BEHALF OF GERRARD I AM RELEASING ANY AND ALL CLAIMS THAT GERRARD HAS OR MAY HAVE AGAINST WELD COUNTY ARISING OUT OF OR IN ANY WAY RELA fED TO THE AGREEMENT AND GERRARD'S CONSTRUCTION OF THE IMPROVEMENTS TO WCR 13. Signed this /9day , 2013 ATTEST: By: 47 , Corporate Secretary a , President GERRARD EXCAVATING, C. By: Al LEST: Weld County Clerk to the B . rd By: 3946080 Pages: 3 of 3 07/09/2013 10:25 RM R Fee:$0.00 Steve Moreno, Clerk and Recorder, Weld County, CO ■���lintPIYiwA'I .G*L'IV"4Di VirrilL'i,iii lig ■I III COUNTY OF WELD, a political subdivision of State of Colorado Willi n F. Garcia, Chairman oard of County Commissioners of the ounty of Weld JUN 1 92013 o7&/3 .7,57/ Hello