HomeMy WebLinkAbout20082379.tiff Zi RESOLUTION
RE: APPROVE CANCELLATION AND RELEASE OF COLLATERAL FOR USE BY SPECIAL
REVIEW PERMIT#1578 - SHAWN SARCHET
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 April 11, 2007, the Board approved the application of
Shawn Sarchet, 14016 County Road 32, Platteville, Colorado 80651, for a Business Permitted as
a Use by Right or Accessory Use in the Commercial or Industrial Zone Districts(conference center,
weddings, wedding receptions, wedding seminars, meetings, life celebrations, reunions, bridal
showers, baby showers, bar mitzvahs, music recitals, wakes, and community gatherings) in the
A (Agricultural) Zone District on the following described real estate, to wit:
Lot A of Recorded Exemption #1920; being part of
the N1/2 NW1/4 of Section 21, Township 3 North,
Range 66 West of the 6th P.M., Weld County,
Colorado, and
WHEREAS,on November 14, 2007, the Board of County Commissioners of Weld County,
Colorado, approved an Improvements Agreement According to Policy Regarding Collateral for
Improvements(Private Road Maintenance)between the County of Weld,State of Colorado, by and
through the Board of County Commissioners of Weld County, and Shawn Sarchet with terms and
conditions being as stated in said agreement,and accepted Irrevocable Letter of Credit#76,drawn
on Colorado East Bank and Trust, 207 1st Avenue, LaSalle, Colorado 80645, in the amount of
$161,760.04, and
WHEREAS, staff from the Weld County Departments of Planning Services and Public
Works have conducted a visual inspection and recommend release of said collateral.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, Colorado, that Irrevocable Letter of Credit#76, drawn on Colorado East Bank and Trust,
in the amount of$161,760.04 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.
111111111H 111111111111th 111111 III HIE IIIIIIII
3576298 11:10A Weld County,
2008-2379
1 of 2 R 0.00 D 0.00 Steve Moreno Clerk& Recorder
PL1880
CANCEL COLLATERAL - SHAWN SARCHET
PAGE 2
The above and foregoing Resolution was,on motion duly made and seconded, adopted by
the following vote on the 27th day of August, A.D., 2008.
BOARD OF COUNTY COMMISSIONERS
/t f WELD COUNTY, COLORADO
ATTEST:
rsq �4 v W• iam H. Jerke, Chair
Weld County Clerk t he "
•//' Robg D. RAa en, Pro-Tem
BY:
Deputy Cler o the Board
Hi m F. arcia
APP D A C'FORM:
David E. Long
County Attorney —�
Douglas adem her
Date of signature:
I111111111111111(1111111111111111111111III111111111 379
82
3576298 09/04/2008 11:10A Weld County, CO 200PL
2 of 2 R 0.00 D 0.00 Steve Moreno Clerk 8 Recorder 370
t MEMORANDUM
V Igime
TO: Board of County Commissioners
COLORADO DATE: August 25, 2008
FROM: Michelle Martin ,(,I
SUBJECT: USR-1578
The Department of Planning Services received a three letters from the applicant dated 5/15/08,
6/2/08 and 7/15/08 indicating the improvements have been done on the site. Several site
inspections were conducted on 5/27/08, 6/10/08, 7/24/08 and 8/20/08 by the Weld County
Department of Public Works and the Planning Department indicating all improvements have
been completed.
The Department of Public Works and the Department of Planning Services is recommending
release of the collateral in the amount of one hundred sixty one thousand seven hundred sixty
and 04/100 dollars ($161,760.04)for the on-site improvements.
2008-2379
Page 1 of 1
Michelle Martin
From: Michelle Martin
Sent: Thursday, July 24, 2008 11:36 AM
To: 'joeengelsdesign@comcast.net'
Subject: USR-1578
Joe,
After receiving your letter on July 18, 2008 asking for a full release of collateral I
conducted another site inspection today of the property in question USR-1578. I
noted that following still need to be done:
Trash dumpster
Sign
Reseeding/sod
Once these items have been completed please notify me, thanks. If you have any
questions please let me know.
.yetteci,
Planner II
4209 CR 24.5
Longmont, CO 80504
mmartin@co.weld.co.us
PHONE: (720)652-4210 x 8730
FAX: (720)652-4211
07/24/2008
Page 1 of I
Michelle Martin
From: Michelle Martin
Sent: Monday, June 16, 2008 10:20 AM
To: joeengelsdesign@comcast.net'
Cc: Donald Carroll
Subject: usr-1578
Hi Joe,
I just wanted to follow up with an email after our phone discussion. Mr. Carroll and I
visited the site last week and noticed the following items still needed to be complete
before all the collateral could be released.
Two additional parking spaces
9 trees and reseeding
Irrigation for the landscaping
Trash dumpster
Fencing
Lighting
Sign
Let me know when you are ready for us to conduct another site inspection.
Planner II
4209 CR 24.5
Longmont, CO 80504
mmartin@co.weld.co.us
PHONE: (720) 652-4210 x 8730
FAX: (720)652-4211
06/16/2008
Page 1 of 2
Michelle Martin
From: Michelle Martin
Sent: Friday, July 11, 2008 11:45 AM
To: 'SHAWN SARCHET'; Joeenglesdesign@compcast.net
Subject: RE: Ribbons 'n' Rainbows Request Letter
Shawn,
The Department of Planning Services in our staff meeting today made the determination based on your
email below that a 6' foot private fence is not needed on the site because of the amount of landscaping
shown on the plans. Please send me an updated map outlining this change. If you have any questions
you can contact me at the below numbers.
ficieut
Planner II
4209 CR 24.5
Longmont, CO 80504
mmartin@co.weld.co.us
PHONE: (720) 652-4210 x 8730
FAX: (720)652-4211
From: SHAWN SARCHET [mailto:rainbows@dishmail.net]
Sent: Wednesday, July 02, 2008 10:59 AM
To: Michelle Martin; Joeenglesdesign@compcast.net
Subject: Ribbons 'n' Rainbows Request Letter
Michelle,
As requested, I am providing you this letter requesting a change to the USR submittal. As discussed
earlier, concerns have come up in regard to the constructing of the 6 foot privacy fence. There are three
primary concerns with the building of the fence, Maintenance, Function and Aesthetic implications in
going with the proposed 6 foot privacy fence.
With regards to Maintenance, with the high winds we experience here, we feel that we will be repairing
the fence on a continual basis.
We also feel that the fence will be a catch all for debris, weeds, etc. There will also be a continual need
to stain and/or paint to maintain an acceptable appearance.
Functionally, the fence makes no sense. It is not a requirement to keep the flow of people out of areas.
The landscaping and walkpaths give the sense of circulation and control of areas. We also are
concerned with the drifting of snow that the fence will create.
Finally, Aesthetically the fence breaks up the sense of openness which is not the feel I want to create and
maintain with this facility.
I believe that since you have seen Ribbons 'n' Rainbows you will agree that the fence is not a good
idea. Thank you for your time and attention. I can be reached by email and/or phone 970-785-6246.
07/11/2008
Weld County Planning Department
GREELEY OFFICE
MEMORANDUM RECEIVED
111 I TO: Michelle Martin, Planning Services DATE: 6/13/2008
CFROM: Donald Carroll, Engineering Administrator
•
COLORADO SUBJECT: USR-1578;Shawn Sarchet, Ribbons & Rainbows
Release of Collateral
On June 10, 2008, I visited the site to verify that the final shaping of the subgrade and placing of base
was in place prior to paving drives and the parking area with asphalt. The pavement markings and
wheel guards have been installed to my satisfaction.
This should complete the transportation portion of the Exhibit A in the collateral section.
The Weld County Public Works Department is not requesting to retain any additional collateral for the
transportation portion, as the site will be privately maintained.
All other non-transportation items associated with the Exhibit A portion should be verified by Planning
Services prior to release.
pc: USR- 1678
M:\PLANNING-DEVELOPMENT REVIEW\USR-Use by Special Review\USR-1578, Shawn Sarchet.DOC
Weld County Planning Department
GREELEY OFFICE
- a MAY 3 0 zoos
MEMORANDUM RECEIVED
ITO: Michelle Martin, Planning Services DATE: 5/29/2008
CFROM: Donald Carroll, Engineering Administrator /Pt
COLORADO SUBJECT: USR-1578, Ribbons 'n' Rainbows
I have received a letter requesting release of collateral from Joseph P. Engels, Sr.. It was forwarded
by the Planning Department.
On May 27, 2008, I visited the site to verify that the concrete curb and gutter, water feature, and
sidewalk were completed to my satisfaction.
The Weld County Public Works recommends release of these items. All other non-transportation
items should be verified by Planning Services prior to release.
pc: USR- 1578
M:\PLANNING-DEVELOPMENT REVIEW\USR-Use by Special Review\USR-1578-B.DOC
a
ENGELS
Design Associates
July 15, 2008
SOUTH WELD COUNTY PLANNING AND ZONING
Department of Planning services
4209 WCR 24 '/2
Longmont, Colorado 80504
Attn: Michelle Martin, Planner
Project: "RIBBONS 'n' RAINBOWS" Conference Center
Platteville, Colorado
Subject: Letter of Credit Release of Funds
Michelle:
This letter is to request a release of funds held by Dennis Dougherty with Colorado East
Bank and Trust. The required Parking Lot Paving, Trash Enclosure, Landscaping,
Irrigation, Concrete Curb and Gutter, Water Features (Ponds), Project Sign, and
Sidewalks are completed and ready for your final inspection.
We are requesting that the $162,065.06 be released back to the owner at this time. These
funds are needed to close out the project and your expeditious handling of this request
would be greatly appreciated.
On behalf of the owner, I would like to ask at this time that any required inspections be
make to verify the completion of the aforementioned items, and process the needed
documentation for Dennis Dougherty for the release of funds.
Please let me know if you need anything further.
mcerely,
Joseph P. gels, r.
JPE: ce
cc: Shawn Sarchett, Owner
Joseph P Engels
2521 West 4th Street
Greeley Colorado 80631
(970)304 9818
43/4,Gboot
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ENGELS �4°08
Design Associates VFb
June 2, 2008
SOUTH WELD COUNTY PLANNING AND ZONING
Department of Planning services
4209 WCR24 'h
Longmont, Colorado 80504
Attn: Michelle Martin, Planner
Project: "RIBBONS 'n' RAINBOWS" Conference Center
Platteville, Colorado
Subject: Letter of Credit Release of Funds
Michelle:
This letter is to request a release of funds held by Dennis Dougherty with Colorado East
Bank and Trust. The required Landscaping, Concrete Curb and Gutter, Paving, Water
Features (Ponds), and Sidewalks are completed and ready for your inspection.
The only item yet to be completed is the asphalt paving. We are requesting that
$162,065.06 be released back to the owner at this time.
On behalf of the owner, I would like to ask at this time that any required inspections be
make to verify the completion of the aforementioned items, and process the needed
documentation for Dennis Dougherty for the release of funds.
I hope this letter meets the guidelines for the release of funds. Please let me know if you
need anything further.
)
Joseph P. ngels, Sr.
JPE: ce
cc: Shawn Sarchett, Owner
Joseph P Engels
2521 West 4th Street
Greeley,Colorado 80631
(970)304-9818
Wine
apaggralts
:Veld
el SOOT&fs naii1 D
i a T B, eN�merit
ENGELS pM 92008
Design Associates CE/Vc
May 15, 2008 CD
SOUTH WELD COUNTY PLANNING AND ZONING
Department of Planning services
4209 WCR 24 '/2
Longmont, Colorado 80504
Attn: Michelle Martin, Planner
Project: "RIBBONS 'n' RAINBOWS" Conference Center
Platteville, Colorado
Subject: Letter of Credit Partial Release of Funds
Michelle:
This letter is to request a partial release of funds held by Dennis Dougherty with
Colorado East Bank and Trust. The required Landscaping, Concrete Curb and Gutter,
Water Features(Ponds), and Sidewalks are completed and ready for your inspection.
The only item yet to be completed is the asphalt paving. By expenses paid to date the
balance left is $67,036.95 for the paving. Attached is the proposal from LAFARGE
NORTH AMERICA,to verify this outstanding amount. By my calculations we are
requesting that $95,028.11, ($162,065.06 less $67,036.95),be released back to the owner
at this time.
On behalf of the owner, I would like to ask you to schedule an inspection to verify the
completion of the aforementioned items, and process the needed documentation for
Dennis Dougherty for the partial release of funds.
I hope this letter meets the requirement for partial release of funds. Please let me know if
you need anything further.
Sincerely,
}
Joseph P. els, Sr.
JPE: ce
cc: Shawn Sarchett, Owner
Joseph P Engels
2521 West 4th Street
Greeley,Colorado 80631
(970)304 9818
•
Lafarge West, Inc.
LAFARGE 925 N 35th Avenue
NORTH AMERICA Greeley, Colorado 80631
Phone (970) 378-9716
AGGREGATES, CONCRETE Fax (970) 37&2248
& ASPHALT
To: WINDMARK CONSTRUCTION Contact: STEWART
Address: 30867 ROCKY ROAD Phone: 970-539-7940
GREELEY,CO 80631 USA Fax:
Project Name: RIBBONS&RAINBOWS
Project Number: Estimate Number: 6286026
Project Location: 14016 WCR 32, PLATTEVILLE, CO Bid Date: 1/25/2008
•PRICES ABOVE ARE GOOD THROUGH THE SPRING OF 2008 ONLY.
' WHILE EVERY ATTEMPT WILL BE MADE TO INSURE PROPER DRAINAGE,WE
CANNOT GUARANTEE COMPLETE DRAINAGE IN THOSE AREAS WITH LESS THAN
2 PERCENT SLOPE.SMALL WATER PUDDLES MAY OCCUR.
OVEREXCAVATION AND REPLACEMENT OF UNSUITABLE SUBGRADE TO BE
PERFORMED ON A HOURLY TIME AND MATERIALS BASIS.
COMPACTED,APPROVED AND STABLE SUBGRADE TO BE RECEIVED AT+ OR- ONE TENTH OF ONE FOOT OF FINISHED
SUBGRADE ELEVATION,WITH DIRT TO
BALANCE.
NO MANHOLE OR VALVE ADJUSTMENTS.
ANY PERMITS,STAKING OR TESTING WILL BE FURNISHED BY OWNER.
FINAL BILLING WILL BE DETERMINED BY FIELD MEASUREMENT OF
ACTUAL QUANTITIES UPON COMPLETION OF THE PROJECT.
LAFARGE WILL NOT BE HELD RESPONSIBLE FOR ANY DAMAGE TO GRASS OR LANDSCAPED ARFAS.
SPRINKLER SYSTEM MUST SHUT OFF 24 HRS IN ADVANCE OF OVERLAY
TO ASSURE DRY PAVEMENT.
PRICES DO NOT INCLUDE ANY PERMITS,STAKING,TESTING,TRAFFIC
• CONTROL,STRIPING OR FINAL ADJUSTMENT OF STRUCTURES.
PRICE INCLUDES ONE MOBILIZATION. WITH EACH ADDITIONAL$1,500.00
ACCEPTED: CONFIRMED:
The above prices, specifications and conditions are satisfactory Lafarge North America,Inc.-Greeley
and hereby accepted.
Buyer:
Keith Reichert
Signature:
Construction Manager
Date of Acceptance:
1/23/2008 3:21:01 PM Page 2 of 3
•
Lafarge West, Inc.
LAFARGE 925 N. 35th Avenue
NORTH AMERICA Greeley, Colorado 80631
Phone (970) 378-9716
AGGREGATES, CONCRETE Fax (970) 378-2248
ASPHAIT
To: WINDMARK CONSTRUCTION Contact: STEWART
Address: 30867 ROCKY ROAD Phone: 970-539-7940
GREELEY,CO 80631 USA Fax:
Project Name: RIBBONS&RAINBOWS
Project Number: Estimate Number: 6286026
Project Location: 14016 WCR 32, PLATTEVILLE,CO Bid Date: 1/25/2008
Item # Item Description Estimated Quantity Unit Unit Price Total Price
1 FINAL SHAPE SUBGRADE&PLACE BASE 4,039.00 SY $6.25 $25,243.75
Final Shape Subgradep&Place 4 Inches Base
2 PAVE DRIVES&PARKING 4,039.00 SY $9.65 $38,976.35
Place 2.5 Inches Of Asphalt
3 PAVEMENT MARKINGS 1.00 1$ $525.00 $525.00
Apply As Per Plan
4 PARKING BLOCKS 33.00 EACH $69.45 $2,291.85
As Per Requested
Total Bid Price: $67,036.95
Notes: •The following Proposal, subject to terms and conditions, as noted,and on the attached page,if accepted, shall constitute a
contract, between the parties to this Proposal. This Proposal shall be valid for a period of Thirty(30)days from the date of
Proposal unless otherwise specifically stated in the Proposal.
•This contract is expressly conditioned upon approval of Customer's credit by Lafarge's credit department,and Lafarge shall
have no obligation to perform its obligations hereunder until such approval has been obtained. Project scheduling is subject to
receipt of accepted Proposal. Please sign in spaces provided to indicate acceptance and return original. Note terms and
conditions of sale as listed on Proposal document.
•
•
1/23/2008 3:21:01 PM Page 1 of 3
LAFARGE NORTH AMERICA("LAFARGE")AGREES TO FURNISH LABOR AND MATERIALS TO CUSTOMER AS SET FORTH ON THE
ATTACHED PROPOSAL HEREOF,SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS:
1)RESPONSIBILITIES OF CUSTOMER AND LAFARGE: Customer shall reimburse Lafarge for all expenditures for any required permits or inspection
fees assessed by any government entity and paid by Lafarge unless stated otherwise on the reverse hereof.
Customer shall ensure that all manholes and other utility structures are on proper grade,in proper alignment,and are properly flagged.Lafarge shall not
be liable for any damage to underground facilities caused by equipment used in the performance of this contract.
2)SUBBASE,AND/OR BASE COURSES: If the subbase and/or base course has not been placed by Lafarge,then Lafarge shall not be liable for any
defects in the finished pavement developing as a result of any subbase,and/or base course failure.
If, after being advised of existing inadequate or defective subbase and/or base course conditions,Customer directs Lafarge to proceed with the work
without first correcting those conditions,then Lafarge shall not be liable for any subsequently occurring paving defects or failures.
3)PAYMENT: Lafarge will,from time to time, submit invoices to Customer for work performed and materials and equipment provided by Lafarge.
Payment shall be due 30 days from the date of Lafarge's invoice. Interest at the rate of 18%per annum shall accrue on all invoice amounts not paid
when due. In addition, Customer shall be liable for all costs and reasonable attorney's fees incurred by Lafarge in the collection of any unpaid balance.
The Customer shall not withhold retention.
4)TAXES: The quotation on the reverse side hereof includes sales or use taxes as applicable on job related materials.
5)SCHEDULING OF WORK: Lafarge reserves the right to delay its work until, in its sole judgment,a sufficient area of the job is ready to be paved.If
additional mobilizations are requested,they will be billed on a unit price basis.Customer recognizes that Lafarge's ability to perform paving work is
dependent upon site,weather,and temperature conditions,and Customer agrees that any projected starting or completion date and any work schedule
will remain subject to site,weather, and temperature conditions. Lafarge will use its best reasonable efforts to begin and complete all work promptly.
However, Lafarge does not promise or warrant completion by any specific date.
6)ADDITIONAL WORK: Unless otherwise agreed to in this contract,quantity increases will be billed either on a unit price basis,or at time and material
rates as agreed to by Lafarge and Customer,so long as the extra work can be performed while Lafarge is at work at the job site performing the original
work. Otherwise unit prices for any additional extra work will be negotiated by the parties prior to commencement of such additional work.
7)TERMINATION: Lafarge shall have the right to terminate the contract and shall have no further obligation to perform the contract in the event of any
one of the following occurrences:
• Lafarge is put on allocation for liquid asphalt,fuel, or other petroleum products,or its performance is otherwise restricted by governmental
order or regulation.
• Customer fails to make payments when due.
• Circumstances or events beyond Lafarge's control prevent completion of the work.
• If Lafarge becomes aware of any hazardous substance in,on,or under the property, Lafarge has the right to discontinue work until the
hazardous substance is removed or dealt with in accordance with applicable law. Hazardous substance shall be mean any substance defined
as hazardous in any federal,state or other applicable law or regulation. Lafarge shall not be responsible for removing or otherwise dealing in
any manner with any hazardous substance on the property being improved.The Owner of the property shall indemnify Lafarge and hold it
harmless against any loss,damage,or expense that may be incurred by Lafarge which is caused by or attributable to the presence of any
hazardous substance in,on or under the property.
• If national or regional shortages of crude oil and/or other raw materials used for construction supplies occur,the parties agree that the
contract price stated herein may be increased or decreased by the amount necessary to reflect increases or decreases after the date of this
quotation. Lafarge shall give notice of any increase prior to commencing work,and Customer shall have the right to terminate this agreement
within 24 hours after receipt of such notice of increase; provided,however,that the Owner or Customer shall pay Lafarge its actual expenses
incurred through the date of such notice.
• In the event Lafarge terminates the contract for any of the reasons set forth above, Lafarge shall provide Customer with an invoice for all work
completed prior to termination,and Customer shall promptly pay the full amount of said invoice.
• Under no circumstances shall Lafarge be liable for special, indirect or consequential damages incurred as a result of termination of work.
8)WARRANTY: Lafarge warrants that its labor and services will be performed and its materials supplied in a good and workmanlike manner. All
materials supplied by Lafarge shall be of standard grade unless otherwise specified in writing. THIS WARRANTY IS IN LIEU OF ALL OTHER
WARRANTIES,EXPRESS OR IMPLIED,INCLUDING THE IMPLIED WARRANTY OF MERCHANTABILITY AND THE IMPLIED WARRANTY OF
FITNESS FOR A PARTICULAR PURPOSE,WHICH ARE HEREBY DISCLAIMED. THERE ARE NO WARRANTIES WHICH EXTEND BEYOND THE
DESCRIPTION ON THE FACE HEREOF. Lafarge's warranty shall continue for a period of one year from the date of substantial completion of its work
hereunder. Any claim for defective workmanship or material or for breach of this warranty must be made in writing,delivered via certified mail,return
receipt requested,to Lafarge within 20 days from the date of delivery of the materials or performance of the work by Lafarge. Failure to comply with the
preceding clause shall constitute a full,complete, and unconditional acceptance of materials and work. Lafarge's liability hereunder,whether in contract,
tort, under any warranty, in negligence or otherwise, shall be limited to the reasonable cost of any labor and/or materials shown to Lafarge's satisfaction
to have been defective. Under no circumstances shall Lafarge be liable for special, indirect or consequential damages.
The parties agree that, if soil sterilizer is required to be applied under the terms of this contract,a licensed contractor other than Lafarge will perform
such application. Lafarge shall assign to Customer the manufacturer's warranty, if any,given in connection with such soil sterilizer. Lafarge shall not be
liable for any damage caused by such application of soil sterilizer.
9)ATTORNEY'S FEES AND COSTS: In the event that Lafarge either initiates or is named as a party in any legal action arising from or related to the
furnishing of labor, services and/or materials to Customer, including any litigation to enforce a mechanic's lien, Customer shall be liable for all costs and
reasonable attorney's fees incurred by Lafarge in such litigation.
10)INDEMNIFICATION: To the fullest extent permitted by law,Customer shall indemnify Lafarge and hold it harmless from and against claims,
damages,losses and expenses arising out of or resulting from performance of Lafarge's work under this contract, provided that any such claim,damage,
loss or expense is attributable to bodily injury,sickness,disease or death,or to injury to or destruction of tangible property(other than the work itself),
but only to the extent caused by the negligent acts or omissions of Customer,Customer's subcontractors,anyone directly or indirectly employed by them
or anyone for whose acts they may be liable.
The parties acknowledge that this document contains the entire understanding and agreement concerning the work to be done by Lafarge. There are no
agreements,oral or otherwise,which are not set forth herein.
1/23/2008 3:21:01 PM Page 3 of 3
Celt rad _
Chartered 1905
BANK & TRUST
Professionally Driven. Community Minded.
Lamar
P.O.Box 1019
100 West Pearl
Lamar,CO 81052
(719)336-5200 7-10-2008
Fax(719)336-5944
Granada Board of County Commissioners
(719)734-5200 Attn: Clerk to the Board
Fax(719)734-5546
PO Box 758
Greeley, CO 80632
Holly(719)537-6800 RE: Irrevocable Letter of Credit No. 76
Fax(719)537-6491
Dear Sirs:
Springfield This letter is to inform you that upon October 4, 2008, this
(719)523-6900 Letter of Credit for use by Special Review Permit #1578 with
Fax(719)523-6743 Colorado East Bank& Trust will not be renewed.
Upon receipt of this letter please return a copy of this letter
La Junta stating the non-renewal of Letter of Credit No. 76 and the
(719)384-2000 original Letter of Credit.
Fax(719)384-8587
Yours truly,
La Junta-WalMarts
(719)384-2000 as C& Trust
Fax(719)384-8794
ve Kinsman
Vice President
Keenesburg
(303)732-0100
Fax(303)732-9284
LaSalle
(970)284-0211
Fax(970) 284-0136
q97 e? - Qv, .11
2),2 o7`. ret/ ere
gy % Co ,I
Lamar C�I�rad PAU Coedseo�d'
r d er
P.O.Box 1019 '� C �1& 6,y
100 West Pearl 1e SYo
Lamar,CO 81052 BANK & TRUST ri lel
Professionally Driven. Community Minded. o e s
(719)336-5200 he
Fax(719)336-5944 '8oe
re,
IRREVOCABLE LETTER OF CREDIT NO. 76
Granada
(719)734-5200
Fax(719)734-5546
October 31, 2007
Holly
(719)537-6800
Fax(719)537-6491 Board of County Commissioners
ATTN: Clerk to the Board
P.O. Box 758
Springfield Greeley, CO 80632
(719)523-6900
Fax(719)523-6743 Re: Use by Special Review Permit#1578
•
La Junta Dear Sirs:
(719)384-2000
Fax(719)384-8587 We hereby open our Irrevocable Letter of Credit in your favor for the account of
Shawn Sarchet, 14016 WCR 32, Platteville, CO 80651 for the sum not to exceed
the aggregate of One Hundred Sixty-One Thousand Seven Hundred Sixty&
Keenesburg 04/100.
(303)732-0100
Fax(303)732-9284
Each draft so drawn must be marked "Drawn under COLORADO EAST BANK
& TRUST, 207 1ST AVE., LASALLE, CO 80645, Letter of Credit No. 76 and be
accompanied by a"signed statement from the Board of County Commissioners of
LaSalleWeld County, Colorado stating the Applicant has committed a material breach of
(970)284-0-0 211
Fax(970)284-0136 the Improvements Agreement According to Policy Regarding collateral for
Improvements regarding U.S.R. #1578 dated the 4th day of October, 2007 by and
between Shawn Sarchet and the Board of County Commissioners of the County of
Dacono Weld."
(303)833-9972
Fax(303)833-9973 This credit is subject, so far as applicable, to "The Uniform Customs and Practice
for Documentary Credits, 1993 Revision, The International Chamber of
Commerce Publication No. 500."
Pueblo
(719)584-2000 We hereby agree with you that all drafts drawn under and in compliance with the
Fax(719)584-2652 terms of this credit will be duly honored and presented for payments to our main
office, COLORADO EAST BANK& TRUST, 207 1ST AVE., LASALLE, CO
80645. This letter of credit will expire on October 4, 2008 at 5:00 P.M.
Pueblo West
(719)547-4488
Fax(719)647-1117 ' \
Chartered 1905
Lamar Celerad
e l a ra d
P.O.Box 1019 V
100 West Pearl
Lamar,CO 81052 BANK & TRUST
Professionally Driven. Community Minded.
(719)336-5200
Fax(719)336-5944
This letter of credit is automatically extended without amendment, for additional
Granada one year periods from the current expiration or any future expiration date unless
(719)734-52 00 60 days prior to such current expiration date COLORADO EAST BANK &
Fax(719)734-555 46 p
TRUST notifies beneficiary in writing that the letter of credit will not be renewed.
In the case you receive such notification, you may draw by presentation of the
following: (a) a draft at sight on COLORADO EAST BANK &TRUST; (b) a
Holly
(719)537-6800 statement purportedly signed by an official of the Board of County
Fax(719)537-6491 Commissioners of Weld County, Colorado stating that we have received notice
from COLORADO EAST BANK&TRUST the Letter of Credit No. 76 will not
be renewed and the Applicant has failed to provide proof of adequate collateral
Springfield and substitution of the Letter of Credit No. 76; (c) copy of letter from
(719)523-6900 COLORADO EAST BANK & TRUST stating non-renewal of Letter of Credit
Fax(719)523-6743 No. 76 and the original letter of credit.
Y rlrs trul ,
La JuntaI
(719)384-2000
Fax(719)384-8587 Colorado E st & Trust
Dennis Dou
President
Keenesburg
(303)732-0100
Fax(303)732-9284
LaSalle
(970)284-0211
Fax(970)284-0136
Dacono
(303)833-9972
Fax(303)833-9973
Pueblo
(719)584-2000
Fax(719)584-2652
Pueblo West
(719)547-4488
Fax(719)647-1117 \
Chartered 1905
CLERK TO THE BOARD
PHONE (970) 336-7215, Ext. 4225
FAX: (970) 352-0242
P. O. BOX 758
CGREELEY, COLORADO 80632
COLORADO
August 27, 2008
SHAWN SARCHET
14016 COUNTY ROAD 32
PLATTEVILLE CO 80651
RE: Cancellation and release of Collateral for Shawn Sarchet
Ms. Sarchet;
On August 27, 2008, the Board of County Commissioners approved the cancellation and release
of collateral for USR#1578, in the amount of $161,760.04, 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 Irrevocable Letter
of Credit has been returned to Colorado East Bank and Trust.
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. Be er
Deputy Clerk to the Board
cc: Jerry Johnson
CLERK TO THE BOARD
PHONE (970) 336-7215, Ext. 4225
' FAX: (970) 352-0242
P. O. BOX 758
C. GREELEY, COLORADO 80632
COLORADO
August 27, 2008
ATTN; DENNIS DOUGHERTTY/PRESIDENT
COLORADO EAST BANK AND TRUST
207 1ST AVENUE
LASALLE CO 80645
RE: Cancellation and release of Collateral - Shawn Sarchet
Mr. Doughertty:
Attached hereto please find the Board of County Commissioners Resolution releasing the
collateral for Shawn Sarchet, and the original Irrevocable Letter of Credit issued by Colorado
East Bank and Trust issuing collateral, in the amount of $161,760.04.
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: . A92lll� Fes/
onna J. Bept'ler,
Deputy Clerk to the Board
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