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Home My WebLink About750778 ' _ KENNEDY SUBDIVISION (R67, T6N, S13) RELEASE OF $3700 DEMAND NOTE AS SUBMITTED BY PHILLIP W. KENNEDY, LEOTA KENNEDY, GEORGE E. MAY AND REITA MAY: WHEREAS, the County Engineer has recommended the release of a $3700 demand note now being held by Weld County, Colorado, for the completion of certain road requirements within said Kennedy Subdivision (Part of the NIA of Section 13 , Township 6 North, Range 67 West of the 6th P.M. , Weld County, Colorado) said note more particularly described as follows: Dated August 28 , 1972, issued by Phillip W. Kennedy, Leota Kennedy, George E. May and Reita May to Weld County, Colorado NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners, Weld County, Colorado, that they do hereby direct the County Clerk to release said note now being held by the County, in the amount of $3700 to Phillip W. Kennedy, Leota Kennedy, George E. May and Reita May. The above and foregoing resolution was, on motion duly made and seconded, adopted by the following vote this 4th day of June , 1975. THE BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: Ins '21/774- COUNTY CLERK AND RECORDER AND CLERK TO THE BO D Q94,14 putt' County Clerk r 750778 • • Amount of Note Y C%, Greeley, Colorado cr _- 2 __ , 19 7 2 On demand after date for v� alue received, the undersigned promises to pay to the order of the Board of County Conami sioners, Weld County, Color do, the sum of I 72.-7'1 P"--' �A .- ��r:`"� ' . -r'r. . -'- // Dollars C f 7 e-°r, r r-, ) with interest at ten percent (10%) per year from date of demand until paid, This note is given for the purpose of securing the Board of County Commissioners, Weld County, Colorado, against a contingent liability by reason of said Board of Commissioners, Weld County, Colorado, granting subdivision rights to one or more of the undersigned within the County of Weld, Colorado, as outlined in Sub- division Agreement dated i.,�f„ 7 t , 197 2, and guaranteeing installation of certain improvements in said subdivision by -;,1 „rl� , 19 7 Amount of note shall be conditioned by damages which the Board of County Commissioners shall suffer by failure of undersigned to perform under said agree- ment. Upon final acceptance of said improvements by the Board of County Commissioners, Weld County, Colorado, this obligation shall be void; otherwise to remain in full force and effect. $t $.t y0 \� � The makers, endorsers, sureties,�Eitleaf-s and assignors of this note severally waive demand, presentment for pa ment, protest/and notice of protest and of non- payment, and agree and consent to any exten time of payment, without notice, by the holder on request of any of them. , ^G��/ _, �� It is also stipulated that should this note be collected by an attorney after maturity or in case of default (whether by suit or otherwise) ten percent (10%), additional on amount due shall be allowed the holder as attorney fees. If the improvements as shown have not been constructed by the stated completion time, the Board of County Commissioners, at its option, may re-negotiate the note amount to reflect change in construction cost and the amount of improvement construction completed. NOTE: APPROVED FINANCIAL STATEMENT MUST BE ATTACHED. 1 ! ' . /' a .z .. (c . .7 7 a.7 Accepted by the Board of County Commissioners, Weld County, Colorado, this zti 1/ day of ,c75 tei, her 197;. THE BOARD OF COUNTY COMMISSIONERS ATTEST: WELD COUNTY, COLORADO ��i-ri/ �.i-tiL, ,--70Z- -k- 1 . - �1 -49.e I t-g- Clpe�/r ?of t e Board CCC D"epu_ ty County Clerk , ,/t177 / ' / — PROVED AS FORM; r��r . . l J / � County Attorney • OFFICE OF CODNIY CLERK AND RECORDEF-- r•�., - S. LEE SH EHEE r C COUNTY CLERK AND RECORDEF PHONE (3031 353-2212 EXT. 20( w - - COUNTY SERVICES BUILDINE GREELEY,COLORADO 8063 H. 'o COLORADO June 5, 1975 Mr. Phillip W. Kennedy P. O. Box 70 Windsor, Colorado 80550 Dear Mr . Kennedy: On May 28 , 1975, the Board of County Commissioners voted favorably to release a demand note of $3700 submitted for the Kennedy Subdivision. Enclosed you will find a copy of the re- solution authorizing the release, signed June 4, 1975. The original cancelled note and financial statements are attached. Please forward the George E. May and Reita May financial state- ments to them. We have also included for your reference a copy of the resolution accepting May Drive into the county road system. If we may be of further assistance to you, please feel free to contact us. Sincerely, S. LEE/SHEHEE, JR. r� esl County Clerk and Recorder and Clerk to the Board /\ • By. /f_ Ei„'/l3ldc; ��LC clJ7Z(<!CC'�� ' eputy County Clerk SLS : jlh Enclosures '; SANCIAL STATEMENT FOR PROPRIETORS* FEDERAL RESERVE BANK OF KANSAS CITY FROM—.,L ii�S 1 L(XL(i): /— r ..( fit'/LAOURESS. t`I'brn _. __.. f _ _ e .� � �te3i l 1 BUSINESS_ TO ' FOR THE PURPOSE OF OBTAINING LOANS AND DISCOUNTING PAPER WITH YOU,AND OTHERWISE PROCURING CREDIT FROM TIME TO IIME,I FURNISH YOU WITH THE FOLLOWIT'' STATEMENT AND INFORMATION,WHICH IS,AND IS SHOWN DY MY BOOKS TO BC A TRUE AND CORRECT STATEMENT OF MY FINANCIAL CONDITION ON 19 I AGREE TO AND WILL NOTIFY YOU IMMEDIATELY IN WRITING OF ANY MATERIALLY UNFAVORABLE CHANGE IN MY FINANCIAL CONDITION, AND IN THE ABSENCE OF SUE NOTICE, OR OF A NEW AND FULL. WRITTEN STATEMENT, THIS MAY BF CONSIDERED AS A CONTINUING SIAIEMENI AND SUBS,ANIIALLY CORRECT, AND IT IS HEREBY f PRESSLY AGREED THAT UPON APPLICATION FOR FURTHER CREDIT,THIS STATEMENT SHALL HAVE THE SAME FORCE AND EFFECT AS IF OEL.I VERED AS AN ORIGINAL STATEMEI OF MY FINANCIAL CONDITION AT THE TIME SUCH FURTHER CREDIT IS REQUESTED. (FILL AL.L BLANKS, WRITING "NO" OR "NONE" WHERE NECESSARY TO COMPLETE INFORMAT IONI ASSETS LIABILITIES ..__ThousandsI Hundred C 15 _-_ _...__--� Tn Ousands Hundreds C CASH on nano and In bank /</ I oeC (C.ri NOTES PAYABLE — 1RADE _..._ NOTES RECEIVABLE, from cuslomer5 (Current) NOTES PAYABLE — BANKS ACCOUNTS RECEIVABLE, from Customers (current) 1 NOTES PAYABLE — OTHER I INVENTORY: finished goods {how valued___— ) — —1 ACCOUNTS PAYABLE, not due _.._I wrlk m process (new valued ..._._. _. _____.__1 —_ — ACCOUNTS PAYABLE, past due _raw materials Inow valued . ) --- -- AMOUNTS PAYABLE TO RELATIVES AND I WENDS _ _ TOTAL CURRENT ASSET'S _ I DEPOSITS OF MONEY by relatives, entplOye5 and Others I _4__ l I INVESTMENTS. BONDS AND STOCKS .. ._..._--.—_I LIENS OR ENCUMBRANCES On rnerchanchse or other assets (list on reverse aide) 1l. aside from real estate mortgages I ACCOUNTS RECEIVABLE, doubtful I Race value S I estimated worth /s MACHINERY AND EQUIPMENT ([051 MORTGAGES, ___ G 5 - On town or city real estate (due __..._ ) �' �— f URNITURE AND FIXTURES (cost _..____— /� MORTGAGES on Country real estate (due_ I _} L TOWN OR CITY REAL ESTATE tat actual market value) ♦J� et, CD-f_:' II COUNTRY REAL ESTATE acres at E— v_ D T D— T -I ___ -_— —(TIES 2 Cur_ ToIAL LIABILITIES 7y, G r:? NE1 WORTH SPECIFY ANY OF ABOVE ASSETS PLEDGED AS COLLATERAL I SPECIFY ANY OF ABOVE LI AND NE WORTH ,G/ ` ✓TOTAL ASSETS �T :7C To1AL LIABILITIES Ci LIABILITIES SECURED BY COLLATERAL I CONTINGENT LIABILITY. (NOT Included In assets enumerated above) ACCOMMODATION, EXCHANGED OR ENDORSED PAPER S NOTES RECEIVABLE OF CVSTOMC fry, DISCOUNTED OR SOLD $ _..__.._. CONSII,NEU GOODS 5 _ _($THIN F INSURANCE: on mercnand 5e S —but olny5 S_ —_ __— —_.__nachlnery $._ .. _..—_...—_TOTAL INSURANCE (.'SINESS LIFE INSURANCE: to wuoln payable —_ _._.._. _. _ AMOUNT I BUSINESS RESULT$'. ANNUAL SALES for the year ended 19 _. _m "'I __ .._l9_._._—lo_ 19 —_—+_ GROSS PROFITS on SALES .. EXPENSE of CONDUCT INC BUSINESS .L.... NET PROFIT on SALES 1I OTHER INCOME Including Inveetmenle AMOUNT WITHDRAWN fro, b rocs for po said) use AMOUNT D Of r Fop EEPHEa TIDN 1 1 BUILDINGS: cost S age Ceureclatlon Average TERMS on SALES _ __ average TERMS on PURCHASES lover) HI 3(Rev.572'. as • • • ••AC%t.NFRY AND EQUI-'MENT: cost S_._,_ depreciation $ condition - ,11RfIITURE AND FIXTURES:COSt $ defireClMion a condition ',TATLMENT: Is It based on actual inventory? if so. DATE If not, HOW VERIFICATION: Have the bOokS been audited by a PUBLIC ACCOUNTANT? if so, NAME arid DATE OF AUDIT REAL ESTATE SCHEDULE VALUE NATURE OF DESCRIPTION IMPROVEMENTS MORTGAGES EQUITY ASSESSED CASH I . ��/___.:,&,.:"..s.4.,��r � mil, - _ 1•,____N 6 6'0 a eV --- — -- _ .n WHOSE NAME Is TITLE to above real estate recorded? • •�c.f_,f-C-,-� 51 / /�a,.Lr, Z.< , i cry ,s real estate held In FEE SIMPLE or LEASEHOLD? 7.i.ive you any DELINQUENT TAXES?— I (� If so, HOW MUCH? -•on REAL ESTATE $ --.__,M_on PERSONAL PROPERTY S j ) I DE RAT. INCOME TAXES due S. ..___ �...•� _--_..._ STATE INCOME TAXES due $ __—.. OTHER TAXES due s LIST OF STOCKS AND BONDS OWNED 1 DATE OF LAST DWI NAME OF CORPORATION LOCATION PAR VALUE ACTUAL VALUE DENO on INTEREST RATE NATURE OF BUSINESS 4 _ I HAVE YOU EVER BEEN ADJUDGED A BANKRUPT? 1) L' _IF SO, GIVE PARTICULARS ARC YOU A PARTNER IN ANY FIRM?__—,.... HAVE YOU ANY PARTNERS IN THIS BUSINESS?._ JUDGMENTS OR SUITS PENDING AGAINST ME AT THIS TIME S—..--....___2.L./2._ .YTHER DATA I.THE.UNDERSIGNED,HEREBY CERTIFY AND DECLARE THAT THE ABOVE STATEMENT AND REPRESENTATIONS CONSTITUTE A TRUE ANO ACCURATE ACCOUNT OF MY FINANCI r:UNDI TION AS OF THE DATE FIRST ABOVE GIVEN. (BEFORE SIGNING,SEE THAT ALL QUESTIONS HAVE BEEN ANSWERED AN ALL BLANKS FILLED. DATE , u 19 7 4_ (SIGNATURE) 41 L..-- /127 7 _(ADDRESS) SUBSCRIBED AND SWORN TO BEFORE ME THIS. 4_DAY OF l) v A. t 19 n (---,-..„--„,_,›...._1:_.,L'i • 7,1:A4....--7-c--T•„ 0 A L O f. Pi O 0 (NOTARY PUBLIC IN AND FOR) �( :'..EAL) MY COMMISSION EXPIRES r" I 19 / I • k t i is Statements submitted to Federal Reserve Hank must either be signed Originals or ce,I,hed Copies. II copies are furnished. following Cert:ticate must be off:many signed by member band,, WE HEREBY CERTIFY THAT THE FOREGOING IS A TRUE AND CORRECT COPY OF A SIGNED FINANCIAL STATEMENT or THE ABOVE MENTIONED INDIVIDUAL,FIRM OR CORPORA NOW ON FILE IN THIS BANK,AND THAT,TO 7HE BEST OF OUR KNOWLEDGE AND BELIEF.THIS STATEMENT REFLECTS THE TRUE CONOITI ON OF THE BORROWER. (NAME OF MEMBER BANK) (OFFICIAL SIGNATURE) (hUel Statements certified by publ.c aCCounlantS may, In the discrelidn of the discount committee or the Federal Reserve Bank, be accepted. F GAL RFSCMYE BANK or KANSAS Ciro—FOPS No. CD-3 • • IN DIVIDUA tN� (MERCHAN VIDU NmaK / t , FROM„,_ • T .._T__ d_.;o. , r_ 2-:i_ ` -1 -_ ADDRESS ..y- �c-T—"�"_- -�•- �.• _ ---_ BUSINESS TO FOR 111E PURPOSE OF OBTAINING LOANS AND DISCOUNTING PAPER WITH YOU, AND OTHERWISE PROCURING CREDIT FROM TIME TO TIME. I. FURNISH YOU WITH TI'' FOLLOWING STATEMENT AND INFORMATION. WHICH 15. AND IS SHOWN BY MY BOOKS 10 BE A TRUE AND CORRECT STATEMENT OF MY FINANCIAL CONDITION O __ __ 0V//yy�L,( e.� .Kfol9 7v I AGREE 10 AND WILL NOTIFY YOU IMMEDIATELY IN WRITING OF ANY MATERIALLY UNFAVORABLE CHANGE IN MY FINANCIAL CONDITION. AND IN THE ABSENCE OF SUC NOTICE, OR OF A NEW AND FULL WRITTEN STATEMENT. THIS MAY BE CONSIDERED AS A CONTINUING STATEMENT AND SUBSTANTIALLY CORRECT: AND IT IS HEREBY EXPRESS' AGREED THAT U PC N APPLICATION FOR FORT HER CREDIT THIS STATEMENT SHALL HAVE THE SAME FORCE AND EF F ACT AS IF DELIVERED AS AN ORIGINAL STATEMEI OF MY FINANCIAL CONDITION AT THE TIME SUCH FURTHER CREDIT IS REQUEST!O. i ALL . rr.xv OIIIHO No oe NONE THERE NECESSARY IO COMPLETE INFORMATION) ASSETS LIABILITIES G c.ASH IC N. o ANN N RAN ��[' /JY c 4i BILLS ( ) PAYABLE r xo5w Nos xwms am BILLS Wows) RECEIVABLE Aw ..oul DOE r•oM CuoRo s II 'mows) BORROWED /ANA BANKS 4/9 I BILLS ACCOUNTS RECEIVABLE. .. .. .. .. �I(��_ I! OPEN AxccouNTSY PAYABLE. NOT P.rx. ,.Orr /� Si ERCHAN DISE FIN,oID 'Nor uosr5 l I II�3,11.51j 1 .. __ ____ _..- __.. __-A.__ ANnnARm '40. oil.. ' 1 _._ FAST oue I RAN MAIEWAL (HEW SHOOED 1 I' } —� OWING TO RELATIVES AND FRIENDS I } TOTAL QUICK ASSETS II /./.2 ‘311‘I I DEPOSITS OF MONEY A. Pr1A.IV( ur0orn AND OTHERS L _ INVESTMENTS' BONDS AND STOCKS I ' 'Ia! AT AFOENSI to, REREAD. LIENS OR INCUMBHANCES oar a OTHER •SSETS •WDE IRON 5,AL ow., TOR,A5ws ACCOUNTS IANo mows) RECEIVABLE, winnow I tract VALUE I I ((UNWED,n NO I. III CHATTEL MORTGAGES ON • I 'AACHINERT AND EQUIPMENT cosr-_ 1 I MORTGAGES ON TOWN NA cur wAL[IRATE(EVE_ ) "IIPNITURE AND FIXTURES (COST___ (( q _ MORTGAGES ox COUNTRY REAL ESTATE lowI - TOWN OR CITY REAL ESTATE (AT 101550 NANNEl VALUE) L1N /1 / _. _ I I COUNTRY REAL ESTATE_—_111Ez --cnOxn I -_-.___ —I ,'. 7 O1LcR/IsS _f -. F I � Ss _Lt I —._-- II TOTAL LIABILITIES A>2 7J I II _.. _I_`—'7> II NET WORTH 7sj L)/ TOTAL I /0 UiIALJ /J 'r III TOTAL /o?g V` SPECIFY ANY OF ABOVE ASSETS PLEDGED AS COLLATERAL SPECIFY ANY OF ABOVE LIABILITIES SECURED BY COLLATERAL CONTINGENT LIABILITY: (NOT IN!r,I ASS IA 111111 ENN NEARED ABOVE) UPON ACCOMM ODATION,FECIANG ED on ENDORSED PAPER. $ __- _____. _ —_--_ --[ UPON NOTES NECuvARLF OF CUOWLOToc, DISCO UNwo ow 5•Rn S — Urxm CONSIGNED GOODsS ALL OTHER$ _ I INSURANCE: 5N MARcr0ANDI.c $ __.___._ .__--__PUIN.MICA. $ __. MACHINE.. $ TOTAL INSURANCE_ I I LSINESS LIFE INSURANCE •5. - AMOUNT _ ___ BUSINESS RESULTS. ANNUAL SAYS FAN 1111 ,TAR ENDER __-____._ __19 nr RIOT 19 _TO __ —..._.—_I9 GROSS PROFITS OA SALES Car THE RAE IERIO0 EXPENSE or CONDUCTING BUSINESS .. NET PROFIT ON SALES •• •• OTHER INCOME mauOrx. rnnsl NEnn .. .. . AMOUNT WITHDRAWN room swims root PERAONAL ow AMOUNT CHARGED OFF FOR DEPRECIATION I ':U ILDINGS. cow ,....Sr TERMS Ov SALES _A ,ICAcr TERMS O. PURCHASES _ (OVER) MACHINE?'? AND EQUIPMFNI• CAS? 1 n ADM S _ _....____ -, CNNSo!“el -, , FURNITl1PE AND FIXTURES. Mt S DI two S L1RDIPM, III_ STATEMENT: Is iv uses on octal', IN?TNTO.TI ir en DATE —• _ • . HOW VERIFICATION: NEVI THE sows same MINIVER ■T A PUBLIC ACCOUNTANT? _Jr so. NAME AND DATE OF AUDIT_ REAL ESTATE SCHEDULE DESCRIPTION j NATURE OF VALUE IMPROVEMENTS ASSESSED CASH MORTGAGES EQUITY In WHOSE NAME is TITLE to ARnrr AeAt rsruE REro.oE or f_ %'rl -, i� y-1 • f ie NEVI Esssss art,IN FEE SIMPLE oR LEAcEHOLD?._�_,�__ .Art roe nut DELINQUENT TAXES? •,Jz-T --ter to, HOW MUCH 1 - or REAL ESTATE $ OR PERSONAL PROPERTY $ FEDERAL INCOME TAXES nue :_ �?7. _..."' STATE INCOME TAXES out $ OTHER TAXES Dal $ LIST OF STOCKS AND BONDS OWNED NAME OF CORPORAT iON ` LOCATION PAR VALUE ACTUAL VALUE DATE OFLA57DIY1- RATE NATURE OFUUSiNESS DEND OR INTEREST _+_ HAVE YOU EVER BEEN ADJUDGED A BANKRUPT? �/i.***-C, IF SO.GIVE PARTICULARS ARE YOU A PARTNER IN ANY FIRM?_ /,,t•1�� .....,1";HAVE YOU ANY PARTNERS IN THIS BUSINESS? . JUDGMENTS OR SUITS PENDING AGAINST ME AT THIS TIME S_!�?_��_:-�__�.,_� OTHER DATA I. THr UNDERSIGNED, HFREBV SOLEMNLY CERTIFY AND DECLARE THAT THE ABOVE STATEMENT AND REPRESENTATIONS CONSTITUTE A TRUE AND ACCURATE ACCOUNT OF Ii? TINANCI CONDItION AS Elf THE DATE TIROT AROSE GIVEN. ( BEFORE SIGNING.SEE THAT ALL QUESTIONS HAVE BEEN ANSWERED AND ALL BLANKS FILLED. ) s i / DA-r s//`-�� _ •) / 19 i$I.N ATUR E)_ /"/ <....�� /^ `.".>" •i JJ s.�-�' - WITNESS Y/� I • '• t Mme. �/..�1 �/ • (ADDRESS) AFC c S -r—SUBSCRIBED AND SWORN TO BEFORE ME THIS •-- _ DAY OF -A1! � s i{/, ...-f / r INOTAR?FAIRY IN ADO FNR 7' (SEAL) MY COMMISSION EXPIRES !'1 A/ y, /s! y`/ / 51 IF RENTI MINIMS TO REEIR?E NANt MUST EITHER Ni theft ONIDIRALE OR CERTIPIED COPIES. IF CO►I.I ARE FUINIINED, /OLLOWIR. CERTIFICATE EMT lI OFFICIALLY RIONIR at NAN... MAN C. WE HEREBY CERTIFY THAT THE FOREGOING IS A TRUE AND CORRECT COPY OF A SIGNED FINANCIAL STATEMENT OF THE ABOVE MENTIONED INDIVIDUAL. FIRM 0 CORPORATION NOW ON FILE IN THIS BANK,AND THAT.TO THE BEST OF OUR KNOWLEDGE AND BELIEF.THIS STATEMENT REFLECTS THE TRUE CONDITION OF THE BORROWER. (NAME OF MEMBER BANK) (OFFICIAL SIGNATURE) (Title) UTATI NESTS CERTIFIED BY Palle ACCOUNTANTS NO.IN THE DISCIFTIDR OF ICE DISCOUNT CONNITTEE OF THE fEDER.L RESERVE/AMR.HE ACCEPTED (OVER) vCr�./lY�-G nfl'2t/� . g2d c'o • . (2"7 r' 'a�c�- Phillip W. Kennedy P. 0. Box 70 Windsor, Colorado 80550 LTATE OF OLO b^-UNTY WELD s8. , ? f D rGi.rk of t con it he 'Goan Mr. Gil Olson Y `° „nssioners Engineering Department �"^' ) Z ,j,5 Weld County Health Building Greeley, Colorado COJ:fly CLERK AND RECORDER B y'�—�"_--pePuty Dear Sir: The road May Drive in the Kennedy Subdivision is oiled as re- quired by the Weld County Planning Committee. I would like to have it inspected and approved by the county. Also I would appreciate the return of the note that I was required to submit as a retaining fee. Thank you for your con- sideration. Sincerely yours, .77 Phillip W. Kennedy Hello