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Home My WebLink About20100615 of RESOLUTION RE: APPROVE CANCELLATION AND RELEASE OF COLLATERAL FOR FINAL PLAN, MF #1053-MARY F.CARLSON REVOCABLE LIVING TRUST AND GEORGE B.CARLSON REVOCABLE LIVING TRUST 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,by Resolution dated March 9, 2005,the Board approved the application of Mary F. Carlson Revocable Living Trust and George B. Carlson Revocable Living Trust, 7561 Kelty Trail, Franktown, Colorado 80116, for a nine (9) lot Minor Subdivision on the following described real estate, to wit: Lot B of Second Amended Recorded Exemption #1873; being part of the NE1/4 of Section 8, Township 7 North, Range 67 West of the 6th P.M., Weld County, Colorado, and WHEREAS, on June 1, 2005, the Board of County Commissioners of Weld County, Colorado, approved an Improvements Agreement According to Policy Regarding Collateral for Improvements(Private Road Maintenance)for Prairie Ridge Estates, between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Mary F. Carlson Revocable Living Trust and George B. Carlson Revocable Living Trust, with terms and conditions being as stated in said agreement, and accepted Irrevocable Letter of Credit No. 299, drawn on the New Frontier Bank, 2425 35`h Avenue, Greeley, Colorado, in the amount of $137,730.75, and WHEREAS, on July 6, 2009, the Board accepted replacement collateral in the form of a personal check, #1021, from George B. Carlson Revocable Trust, for$27,414.00, for a period of one year as warranty collateral. WHEREAS,staff from the Weld County Department of Public Works has conducted a visual inspection and recommends full release of said collateral. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado,that the personal check,#1021,from George B. Carlson Revocable Trust, in the amount of $27,414.00 be, and hereby is, canceled and released. BE IT FURTHER RESOLVED by the Board that the Clerk to the Board be, and hereby is, directed to return said collateral to the appropriate issuing party. 1( ' 1! 1d 111 IIIII VIII 111111111111111 IIIVIII IIII IIII5/2010 11:43AWeldCounty CO0 D 0.00 Steve Moreno Clerk& Recorder PL1724 CANCEL COLLATERAL- MARY F. CARLSON REVOCABLE LIVING TRUST AND GEORGE B. CARLSON REVOCABLE LIVING TRUST PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 29th day of March, A.D., 2010. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: f;_ a SS�s�� kr'• nc '• Dough§ Radema er, C air Weld County Clerk to t �� 7 1� r e• • kme p � ; ! arbara Kirkmeyer, pro-Tem BY:�� L.f D-puty Clerk 'o the Boar. Sean C y A�QVED:A O FORM: am F. arcia County Attorney �— �1 c C— David E. Long Date of signature:a/i0e/o 111111111111 11111111111111111111111111111111111III! III! 3685042 04/05/2010 11:43A Weld County, CO 2 of 2 R 0.00 0 0.00 Steve Moreno Clerk& Recorder 2010-0615 PL1724 a MEMORANDUM Kit :\H, TO: Clerk to the Board Vi`P e DATE: 3/25/2010 FROM: Richard Hastings, Public Works Department COLORADO g SUBJECT: BOCC Agenda Item: Collateral Release Carlson, Mary F and George B (PL-1724#2005-1612) MF#1053-Prairie Ridge Estates Release of Collateral Status: • Off-site proportional share collateral for road stabilization of WCR 84 from WCR's 15 to 17 was to be retained till 3/22/2010 as per requirements of Doc. # 2008-1319. • Public Works has received correspondence from Mr. Carlson requesting final release of remaining collateral-(Document Attached). Weld County Collateral List: Carlson, Mary F. and George B. Irrevocable Living Trust(PL1724 #2005-1612) MF#1053. Private Road Imps Agrmt. Irrevocable Letter of Credit#299,New Frontier Bank, (Original Collateral) Expires 4/14/06,with 60 days notice required $137,730.75 Carlson, Mary F., Revocable Living Trust and George B. Carlson Revocable Living Trust, MF#1053, (PL1724 2009-1553) Check#1021 from George B. Carlson Revocable Trust (Replacement Collateral) Deposited 07/07/09 $27,414.00 Recommendation: The Department of Public Works is recommending final release of replacement collateral, in the amount of$27,414.00, as shown above from the Weld County Collateral List. Enclosure pc: Tom Parko, Planning Services Kim Ogle, Planning Services MF-1053 File C:\Documents and Settings\dbechler\Local Settings\Temporary Internet Files\Content.Outlook\HDO4AU84\Final Collateral Release(Carlson-Prairie Ridge-MF-1053)-MEMO.docx 2010-0615 Prairie Ridge Estates road stabilization monies.txt From: Burt Carlson [gbcarlson@skybeam.com] Sent: Monday, March 22, 2010 9:24 AM To: Richard Hastings Subject: Prairie Ridge Estates road stabilization monies 22 March 2010 Mr. Richard A. Hastings weld County Public Works Department PO Box 758 Greeley, Co 80632 RE: Road Stabilization Agreement for Prairie Ridge Estates Dear Mr. Hastings: Per the road stabilization agreement I signed on Mar 22, 2005 and with reference to Section 2, Item c, i am requesting the return of $27,414.00. Thank you for your attention to this matter, Burt Carlson 7561 Kelty Trail Franktown, CO 80116 303-814-8213 Page 1 ress CLERK TO THE BOARD PHONE (970) 336-7215, Ext. 4225 ' FAX: (970) 352-0242 P. O. BOX 758 C GREELEY, COLORADO 80632 COLORADO April 5, 2010 Mary F. Carlson Revocable Living Trust George B. Carlson Revocable Living Trust 7561 Kelty Trail Franktown, Colorado 80116 RE: Cancellation and release of Collateral for Mary F. Carlson Revocable Living Trust and George B. Carlson Revocable Living Trust To Whom it May Concern: On March 29, 2010, the Board of County Commissioners approved the cancellation and release of collateral for Mary F. Carlson Revocable Living Trust and George B. Carlson Revocable Living Trust., in the amount of $27,414.00, as referenced above. Enclosed is a copy of the Resolution signed by the Board of County Commissioners. If you wish to receive a recorded copy of the resolution, you can contact the Clerk and Recorder's Office. If you have questions or need additional information, please do not hesitate to contact me at (970) 336-7215, Extension 4227. Very truly yours, BOARD OF COUNTY COMMISSIONERS j./.P-i By: d � f?�Jl%N'�,e Donna J. Bec er Deputy Clerk to the Board WARRANT NUMBER 3251649 Weld County,Colorado ,e l ' Ye z ,a t yt}Z*'# -'. -NN0M�•NUMBEF� t .�� m*� :�#i + � ,.�-.�'��'4` lyNT -r.d.7`r -iM`66�—•w �,«o-,v'AI/lfR1Ni"+e a,;.-ar.d ¢ r. ` .e,m•, x0161001 .00 .00 27,414.00 201016155//0440110 04/01/10 27,414.00 REMOVE DOCUMENT ALONG THIS PERFORATION i THIS CUMENT IS RINTE IN TW• C 5 N T ACCEPT UNLESS LUE AND BR• • •L• •• WN ARE P ESENT. r. q IA n illy I III wr II uII 4r'A �S a Muhl 141u "14'squaw' l I� II1�v �" � E'Iv 1 „Iv al �MII�IN� �"� E�v �&. lei , yr ~^, o-. +9W llyryaa II beta II II n�ll9� • I,.41 n sgx ? r MW I D 1 III , C m i n .el •I;Al" �N BpBY :of G" G6 Ai , it Iuw mull a tlll II .3 � E 9111111 10p 1 .q ° N � u�ul �,� b1 �� _�9» tBox 7 �,r ✓, tort g ' 1 ot, ` A @ t°oI tI D Gre I CO 80632 ,m )� � € Wt o... 8i1634.."u).,,,ht, ml m i t ,IO'^+ITM"'" "i nI w IA"zit ,I,� 0 u, I 4 A � ,'` .. ` "` '�t,Mat%S 7ho m o1,)( 0/W i7740W Kars ,am '4k .s Q PAY TO.7HE ORDEFOF RS UJ Op C' L°K a EV iA T+^ T *, op', 04Nil: �IIIII III�j�IliViil� lgih°YM1IYl�wl R rte, �c '�'r luunllliiod Iliiri, voilivll�II��II�illlui °iII 151 mu b C. t,Ill41 I n' ulu11l uloI. 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