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HomeMy WebLinkAbout20093007.tiff800 RESOLUTION RE: APPROVE CANCELLATION AND RELEASE OF COLLATERAL FOR USE BY SPECIAL REVIEW PERMIT #1604 - MARCUM MIDSTREAM 1995-2 BUSINESS TRUST, C/O CONQUEST OIL COMPANY 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 June 6, 2007, the Board approved the application of Marcum Midstream 1995-2 Business Trust, 303 East 17th Avenue, Suite 660, Denver, Colorado 80203, for an Oil and Gas Support Facility (Class II oilfield waste disposal facility), in the A (Agricultural) Zone District on the following described real estate, to wit: S1/2 SE1/4 of Section 30, Township 3 North, Range 65 West of the 6th P.M., Weld County, Colorado, and WHEREAS, on April 30, 2008, the Board of County Commissioners of Weld County, Colorado, approved a Long -Term Road Maintenance and Improvements Agreement (County Road 39), between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Marcum Midstream 1995-2 Business Trust, c/o Conquest Oil Company, with terms and conditions being as stated in said agreement, and accepted License or Permit Bond #RLB0011463, drawn on the RLI Insurance Company, 8 Greenway Plaza, Suite 400, Houston, Texas 77046, in the amount of $10,985.00, and WHEREAS, staff from the Weld County Departments of Public Works and Planning Services have conducted a visual inspection and, along with the Weld County Attorney, recommend release of said collateral. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the License or Permit Bond #RLB0011463, drawn on the RLI Insurance Company, in the amount of $10,985.00 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. 111111111111 111111 111111 11 111111 11111 III 11111 1111 1111 3661800 11/25/2009 11:10A Weld County, CO 1 of 2 R 0.00 0 0.00 Steve Moreno Clerk & Recorder e0: //irC, 2009-3007 PL1804 4,2/4), CANCEL COLLATERAL - MARCUM MIDSTREAM 1995-2 BUSINESS TRUST, CIO CONQUEST OIL COMPANY PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 16th day of November, A.D., 2009. BOARD OF COUNTY COMMISSIONERS WELD CDLR41 , COLORADO 7 ATTEST: Xfn d//j ,/ % ;'. • f % vl7 / Ci Weld County Clerk to the BY:vti ; �o Deputy Clerk to the Board APPROVEpaS TOFi ounty Attorney Date of signature: /009 Garcia, Q ademac er, Pro-Tem Sean P. Conway EXCUSED Barbara Kirkmeyer EXCUSED David E. Long HMO 11111 10111 HIM 111111111111111 III 11111 IIII IIII 3661800 11/25/2009 11:10A Weld County, CO 2009-3007 2 of 2 R 0.00 D 0.00 Steve Moreno Clerk & Recorder PL1804 MEMORANDUM 11`k COLORADO TO: Board of County Commissioners DATE: November 9, 2009 FROM: Kim Ogle, Planning Services�:c,, SUBJECT: Marcum Midstream 1995-2 Business Trust, do Conquest Oil USR #1604 Permit Bond #RLB011463 RLI Insurance Company Staff from the Department of Public Works conducted a field inspection in October 2009 and determined that the property was in compliance with all transportation elements as stated in their referral dated November 4, 2009. Planning Services inspected the site on May 5, 2009 and determined that all non -transportation related items had been completed and were acceptable. The Weld County Attorney, the Department of Public Works and the Department of Planning Services, have determined that Permit Bond #RLB011463 from RLI Insurance Company, for Marcum Midstream 1995-2 Business Trust, c/o Conquest Oil, be released in full. Marcum Midstream 1995-2 Business Trust, do Conquest Oil (PL1804 #2008-1263) Long term road maintenance - WCR 39 License or Permit Bond #RLB011463 for 15% warranty from RLI Insurance Co. Expires in 1 year Per phone call to Jennifer Ginn (713-961-1300 Ext. 112) on 6/30/09. Bond ended 01/01/09. They show no more liability with Weld County. If they need another bond, and they choose to get one with this company they will need an approximate completion date. Jennifer would like to be kept in the loop of what is going on. Received replacement License or Permit Bond #RLB0012744 on 09/14/2009, No Expiration listed. $10,985.00 $10,985.00 9S t V 9— A011 b110Z 2009-3007 MEMORANDUM sia„ IIIIIDe COLORADO TO: Kim Ogle, Planning Services DATE: 11/04/2009 FROM: Richard Hastings, Public Works Department SUBJECT: Collateral List Update: Marcum Midstream 1995-2 Business Trust, c/o Conquest Oil (PL1804 #2008-1263) (USR-1604) Release of Collateral Status • All Public Works related items have been completed and are found to be acceptable. Weld County Collateral List: Marcum Midstream 1995-2 Business Trust, c/o Conquest Oil (PL1804 #2008-1263) Long term road maintenance - WCR 39 License or Permit Bond #RLB011463 for 15% warranty from RLI Insurance Co. Expires in 1 year Received replacement License or Permit Bond #RLB0012744 on 09/14/2009, No Expiration listed. $10,985.00 $10,985.00 Recommendation: The Department of Public Works is recommending final release of collateral, as shown above from the Weld County Collateral List. Any non -Public Works -related items should be verified by Planning Services prior to collateral release. M:\Rich Hastings\BOCC Agenda\Memo\Collateral List update (Marcum Midstream (USR-1604)- MEMO.docx ieft Wilk COLORADO November 17, 2009 CLERK TO THE BOARD PHONE (970) 336-7215, Ext. 4225 FAX: (970) 352-0242 P. 0. BOX 758 GREELEY, COLORADO 80632 ATTN: RAENELL CHRISMAN MARCUM MIDSTREAM 1995-2 BUSINESS TRUST C/O CONQUEST OIL COMPANY 8207 WEST 20TH STREET SUITE B GREELEY COLORADO 80634 RE: Cancellation and release of Collateral for Marcum Midstream 1995-2 Business Trust, c/o Conquest Oil Company Dear Ms. Chrisman: On November 16, 2009, the Board of County Commissioners approved the cancellation and release of collateral for Marcum Midstream 1995-2 Business Trust, c/o Conquest Oil Company, in the amount of $10,985.00, as referenced above. Enclosed is a copy of the Resolution signed by the Board of County Commissioners. I will forward a copy of the signed and recorded Resolution to Marcum Midstream as soon as it has been recorded. The original License or Permit Bond #RLB0011463 and Replacement Bond #RLB0012744 for $10,985.00 have been returned to RLI Insurance Company. If you have questions or need additional information, please do not hesitate to contact me at (970) 356-4000, Extension 4227. Very truly yours, BOARD OF COUNTY COMMISSIONERS By: Donna J. Beeler Deputy Clerk to the Board iert:1 Mae COLORADO November 17, 2009 RLI INSURANCE CO 8 GREENWAY PLAZA STE 400 HOUSTON TX 77046 CLERK TO THE BOARD PHONE (970) 336-7215, Ext. 4225 FAX: (970) 352-0242 P. O. BOX 758 GREELEY, COLORADO 80632 RE: Cancellation and release of Collateral — Marcum Midstream 1995-2 Business Trust, c/o Conquest Oil Company To Whom It May Concern: Attached hereto please find the Board of County Commissioners Resolution releasing the collateral for Marcum Midstream 1995-2 Business Trust, c/o Conquest Oil Company, in the amount of $10,985.00, and the original License or Permit Bond #RLB0011463 and Replacement Bond #RLB0012744 issued by RLI Insurance Company, in the amount of $10,985.00. If you have questions or need additional information, please do not hesitate to contact me at (970) 356-4000, Extension 4227. Very truly yours, BOARD OF COUNTY COMMISSIONERS By: Donna J. Bec'er, Deputy Clerk to the Board /2 Wilk COLORADO November 17, 2009 MARCUM MIDSTREAM 1995-2 BUSINESS TRUST C/O CONQUEST OIL COMPANY 303 EAST 17TH AVENUE SUITE 660 DENVER COLORADO 80203 CLERK TO THE BOARD PHONE (970) 336-7215, Ext. 4225. FAX: (970) 352-0242 P. 0. BOX 758 GREELEY, COLORADO 80632 RE: Cancellation and release of Collateral for Marcum Midstream 1995-2 Business Trust, do Conquest Oil Company To Whom it may Concern: On November 16, 2009, the Board of County Commissioners approved the cancellation and release of collateral for Marcum Midstream 1995-2 Business Trust, do Conquest Oil Company, in the amount of $10,985.00, as referenced above. Enclosed is a copy of the Resolution signed by the Board of County Commissioners. I will forward a copy of the signed and recorded Resolution to you as soon as it has been recorded. The original License or Permit Bond #RLB0011463 and Replacement Bond #RLB0012744 for $10,985.00 have been returned to RLI Insurance Company. If you have questions or need additional information, please do not hesitate to contact me at (970) 356-4000, Extension 4227. Very truly yours, BOARD OF COUNTY COMMISSIONERS By: Donna J. Becbier Deputy Clerk to the Board BOND NO. RLB0012744 LICENSE OR PERMIT BOND KNOW ALL BY THESE PRESENTS, That we, Conquest Oil Company as Principal, and the RLI Insurance Company an Illinois corporation, as Surety, are held and firmly bound unto Weld County Board of Commissioners, P.O. Box 758, Greeley, Colorado 80632 , as Obligee, in the sum of Ten Thousand Nine Hundred Eighty Five and No/100 Dollars ($ 10,985.00 for which sum, well and truly to be paid, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has been or is about to enter into a Long -Term Road Maintenance and Improvements Agreement with the Obligee. NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH THAT if the Principal shall well and truly comply with applicable local ordinances, and conduct business in conformity therewith, then this obligation to be void; otherwise to remain in full force and effect; in no event shall the liability hereunder exceed the penal sum hereof. PROVIDED AND SUBJECT TO THE CONDITIONS PRECEDENT: 1. This obligation may be canceled by the Surety by giving thirty (30) days notice in writing of its intention to do so to the Obligee, and the Surety shall be relieved of any further liability under this Bond thirty (30) days after receipt of said notice by the Obligee, except for defaults occurring prior thereto. 2. Any claim must bp presented in writing to RLI Insurance Company to the attention of Greg E. Chilson, 8 Greenway Plaza, Suite 400, Houston, Texas 77046. 3. Surety shall have no obligation to the Principal, the Obligee or any other person or entity for any loss suffered by the Principal, the Obligee or any other person or entity by reason of acts or omissions which are or could be covered by the Obligee's or the Principal's general liability insurance, products liability insurance, completed operations insurance or any other insurance. 4. No right or action shall accrue under this Bond to or for the use or benefit of anyone other than the named Obligee. 5. The Obligee will issue a release of this Bond within a reasonable period, but in no instance longer than thirty (30) days after termination of the Permit. IN WITNESS WHEREOF, the above bound parties have executed this instrument under their several seals this 31x1 day of August, 2009 the name and corporate seal of each corporate party being hereto affixed and those presents duly signed by its undersigned representative pursuant to authority of its governing body. Conquest Oil Company RLI Insurance Company 8 Greenway Plaza, Suite 400 Houston, TX 77046 By t (7 — Principal Surety JP 0 Paul M. O'Sullivan, Attorney -in -Fact RLI RLB0012744 RLI Surety A division of RLI Insurance Company Know All Men by These Presents: POWER OF ATTORNEY RLI Insurance Company That the RLI INSURANCE COMPANY, a corporation organized and existing under the laws of the State of Illinois, and authorized and licensed to do business in all states and the District of Columbia does hereby make, constitute and appoint: PAUL M. O'SULLIVAN in the City of HOUSTON , State of TEXAS , as Attorney -in -Fact, with full power and authority hereby conferred upon him to sign, execute, acknowledge and deliver for and on its behalf as Surety and as its act and deed, all of the following classes of documents to -wit: $10,985.00 Indemnity, Surety and Undertakings that may be desired by contract, or may be given in any action or proceeding in any court of law or equity; policies indemnifying employers against loss or damage caused by the misconduct of their employees; official, bail and surety and fidelity bonds. Indemnity in all cases where indemnity may be lawfully given; and with full power and authority to execute consents and waivers to modify or change or extend any bond or document executed for this Company, and to compromise and settle any and all claims or demands made or existing against said Company. The RLI INSURANCE COMPANY further certifies that the following is a true and exact copy of a Resolution adopted by the Board of Directors of RLI Insurance Company, and now in force to -wit: "All bonds, policies, undertakings, Powers of Attorney, or other obligations of the corporation shall be executed in the corporate name of the Company by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys -in -Fact or Agents who shall have authority to issue bonds, policies, or undertakings in the name of the Company. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers -of -Attorney, or other obligations of the corporation. The signature of any such officer and the corporate seal may be printed by facsimile." (Blue shaded areas above indicate authenticity) IN WITNESS WHEREOF, the RLI Insurance Company has caused these presents to he executed by its PRESIDENT with its corporate seal affixed this CORPORATE SECRETARY State of Illinois SS County of Peoria ATTEST: N0%0(11111111/21, JP NCE % ,.� p C o ' • Or AI). • Z SEAL �°r,�t'C1N0�5 frit tot 111 rOt • NA INSURANCE COMPANY PRESIDENT On this 31day of Aug. 2009 before me, a Notary Public, personally appeared Michael J. Stone and Jean M. Stephenson, who being by me duly sworn, acknowledged that they signed the above Power of Attorney as President and Corporate Secretary, respectively, of the said ELI INSURANCE COMPANY, and acknowledged said instrument to be the voluntary act and deed of said corporation. CALALL Notary Public �I / / e�11� sCYi>/- "OFFICIAL SEAL" oTner aueuc CHERIE L. MONTGOMERY srnr:m "°'.s COMMISSION EXPIRES 02/02/12 UICS 904 (02/08) BOND NO. RLB0011463 LICENSE OR PERMIT BOND KNOW ALL BY THESE PRESENTS, That we, Conquest Oil Company as Principal, and the RLI Insurance Company , an Illinois corporation, as Surety, are held and firmly bound unto Weld County Board of Commissioners, P.O. Box 758, Greeley, Colorado 80632 , as Obligee, in the sum of Ten Thousand Nine Hundred Eighty Five and No/100 Dollars ($ 10,985.00 for which sum, well and truly to be paid, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has been or is about to enter into a Long -Term Road Maintenance and Improvements Agreement with the Obligee. NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH THAT if the Principal shall well and truly comply with applicable local ordinances, and conduct business in conformity therewith, then this obligation to be void; otherwise to remain in full force and effect; in no event shall the liability hereunder exceed the penal sum hereof. PROVIDED AND SUBJECT TO THE CONDITIONS PRECEDENT: 1. This obligation may be canceled by the Surety by giving thirty (30) days notice in writing of its intention to do so to the Obligee, and the Surety shall be relieved of any further liability under this Bond thirty (30) days after receipt of said notice by the Obligee, except for defaults occurring prior thereto. The term of this bond shall be from April 2, 2008 to January 1, 2009. 2. Any claim must be presented in writing to RLI Insurance Company to the attention of Greg E. Chilson, 8 Greenway Plaza, Suite 400, Houston, Texas 77046. 3. Surety shall have no obligation to the Principal, the Obligee or any other person or entity for any loss suffered by the Principal, the Obligee or any other person or entity by reason of acts or omissions which are or could be covered by the Obligee's or the Principal's general liability insurance, products liability insurance, completed operations insurance or any other insurance. 4. No right or action shall accrue under this Bond to or for the use or benefit of anyone other than the named Obligee. 5. The Obligee will issue a release of this Bond within a reasonable period, but in no instance longer than thirty (30) days after termination of the Permit. IN WITNESS WHEREOF, the above bound parties have executed this instrument under their several seals this 2n° day of April 2008, the name and corporate seal of each corporate party being hereto affixed and those presents duly signed by its undersigned representative pursuant to authority of its governing body. Conquest Oil Company Principal By %( 9 C �_ tcaenell I. Chrisman, Secretary RLI Insurance Company 8 Greenway Plaza, Suite 400 Houston, TX 77046 Surety By I`'_ Paul M. O'Sullivan, Attorney -in -Fact RALE`. RLB0011463 RLI Surety A division of RLI Insurance Company Know All Men by These Presents: POWER OF ATTORNEY RLI Insurance Company That the RLI INSURANCE COMPANY, a corporation organized and existing under the laws of the State of Illinois, and authorized and licensed to do business in all states and the District of Columbia does hereby make, constitute and appoint: PAUL M. O'SULLIVAN in the City of HOUSTON State of TEXAS , as Attorney -in -Fact, with full power and authority hereby conferred upon him to sign, execute, acknowledge and deliver for and on its behalf as Surety and as its act and deed, all of the following classes of documents to -wit: $10,985.00 Indemnity, Surety and Undertakings that may be desired by contract, or may be given in any action or proceeding in any court of law or equity; policies indemnifying employers against loss or damage caused by the misconduct of their employees; official, bail and surety and fidelity bonds. Indemnity in all cases where indemnity may be lawfully given; and with full power and authority to execute consents and waivers to modify or change or extend any bond or document executed for this Company, and to compromise and settle any and all claims or demands made or existing against said Company. The RLI INSURANCE COMPANY further certifies that the following is a true and exact copy of a Resolution adopted by the Board of Directors of RLI Insurance Company, and now in force to -wit: "All bonds, policies, undertakings, Powers of Attorney, or other obligations of the corporation shall be executed in the corporate name of the Company by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys -in -Fact or Agents who shall have authority to issue bonds, policies, or undertakings in the name of the Company. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers -of -Attorney, or other obligations of the corporation. The signature of any such officer and the corporate seal may be printed by facsimile." (Blue shaded areas above indicate authenticity) IN WITNESS WHEREOF, the RLI Insurance Company has caused these presents to be executed by its PRESIDENT with its corporate seal affixed this ATTEST: State of Illinois ) I SS ) CORPORATE SECRETARY County of Peoria ow limn tit,/ J. . C: . SEAL• N0 '�nlniunliir"� RLI INSURANCE COMPANY PRESIDENT On this 2 day of Apr. 2008 before me, a Notary Public, personally appeared Michael J. Stone and Jean M. Stephenson, who being by me duly sworn, acknowledged that they signed the above Power of Attorney as President and Corporate Secretary, respectively, of the said RLI INSURANCE COMPANY, and acknowledged said instrument to be the voluntary act and deed of said corporation. Notary Public ?I/ 1+1 IJICS 904 (02/08) Hello