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HomeMy WebLinkAbout20070022.tiff RESOLUTION RE: APPROVE IMPROVEMENTS AGREEMENT ACCORDING TO POLICY REGARDING COLLATERAL FOR IMPROVEMENTS (PUBLIC ROAD MAINTENANCE ) FOR A PRIVATELY MAINTAINED ROADWAY, AUTHORIZE CHAIR TO SIGN, AND ACCEPT COLLATERAL FOR PLANNED UNIT DEVELOPMENT FINAL PLAN, PF #1032 - UIV LAND, LLC, C/O NOLAN ULMER 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, on October 30, 2006, the Department of Planning Services staff approved a PUD Final Plan, PF #1032, for UIV Land, LLC, c/o Nolan Ulmer, 16529 Weld County Road 70, Greeley,Colorado 80631,for nine(9)residential lots with E(Estate)Zone uses,and two(2)lots with A(Agricultural)Zone uses, along with 13.6 acres of common open space(Coyote Ridge), on the following described real estate, to-wit: Lot B of Amended Recorded Exemption#3340;being part of the NW1/4 of Section 20, and part of the SW 1/4 of Section 17,all in Township 5 North, Range 67 West of 6th P.M., Weld County, Colorado WHEREAS,pursuant to certain Conditions of Approval,the Board has been presented with an Improvements Agreement According to Policy Regarding Collateral for Improvements(Public Road Maintenance)between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and UIV Land, LLC, c/o Nolan Ulmer, with terms and conditions being as stated in said agreement, and WHEREAS,a hearing was held on the 11th day of December,2006,at which time the Board deemed it advisable to continue the matter to January 3, 2007, to allow time for the applicant to complete and submit a corrected agreement for a privately maintained roadway, and WHEREAS,on January 3,2007,staff from the Departments of Planning Services and Public Works indicated the original agreement is suitable because the work is already done and the applicant has presented the Board with Irrevocable Letter of Credit#43004619 from First Western Trust Bank,233 Milwaukee Street, Denver,Colorado 80206,in the amount of$10,112.00,to cover the 15 percent warranty, and WHEREAS, after review, the Board deems it advisable to approve said agreement and accept said Irrevocable Letter of Credit as stated above, copies of which are attached hereto and incorporated herein by reference. NOW,THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County,Colorado,that the Improvements Agreement According to Policy Regarding Collateral for Improvements(Public Road Maintenance)fora privately maintained roadway,between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and UIV Land, LLC, c/o Nolan Ulmer, be, and hereby is, approved. /� 2007-0022 OP '. !"L �l� /jti�G- PL1726 /, O�Z�a7 c 7 IMPROVEMENTS AGREEMENT - UIV LAND, LLC, CIO NOLAN ULMER PAGE 2 BE IT FURTHER RESOLVED that Irrevocable Letter of Credit #43004619 from First Western Trust Bank,233 Milwaukee Street,Denver,Colorado 80206,in the amount of$10,112.00, be and hereby is, accepted. The above and foregoing Resolution was,on motion duly made and seconded,adopted by the following vote on the 3rd day of January, A.D., 2007. BOARD OF COUNTY COMMISSIONERS WELUNTY, COLORADO ATTEST: ALV Lam C 47/ David E. Long, Chair Weld County Clerk to the sip c / ,ft - � r William H t Pro-Tem ,/ Deputy Clerk to the Board ` ' iam F. Garcia APPf2 ED AS TO • /1)\\Q Robert D. asden County Attorney uglas R emacher Date of signature: / 7,2-6 7 2007-0022 PL1726 15.1 IMPROVEMENTS AGREEMENT ACCORDING TO POLICY REGARDING COLLATERAL FOR IMPROVEMENTS (PUBLIC ROAD MAINTENANCE) THIS AGREEMENT,made and entered into this 3/ day of Mfl , 20 C!5 by and between the County of Weld, State of Colorado, acting through its Board of County Commissioners, hereinafter called "County," and Nolan Ulmer , hereinafter called "Applicant" WITNESSETH: WHEREAS, Applicant is the owner of, or has a controlling interest in the following described property in the County of Weld, Colorado: Lot B of Amended Recorded Exemption II3340; Being Part of the NW' of Section 20, and Part of the 51,11/4 of Section 17, all in Township 5 North, Range 67 West of the 6th P.M. WHEREAS,a final Subdivision/Planned Unit Development(PUD)Plat of said property,to be known as Coyote Ridge has been submitted to the County for approval; and WHEREAS, relevant Sections of the Weld County Code provide that no Subdivision Final Plat, Planned Unit Development Final Plat, or Site Plan shall be approved by the County until the Applicant has submitted a Subdivision Improvements Agreement guaranteeing the construction of the public improvements shown on plans, plats and supporting documents of the Subdivision Final Plat, Planned Unit Development Final Plat,or Site Plan,which improvements,along with a time schedule for completion,are listed in Exhibits "A" and "B" of this Agreement. NOW, THEREFORE, IN CONSIDERATION OF the foregoing and of the acceptance and approval of said Final Plat,the parties hereto promise, covenant and agree as follows: E 1.0 Engineering Services: Applicant shall furnish,at its own expense,all engineering services in dconnection with the design and construction of the Subdivision or Planned Unit Development improvements listed on Exhibit "A," which is attached hereto and incorporated herein by oejJ MI=-O Y reference. CU o g 1.1 The required engineering services shall be performed by a Professional Engineer and 9 Land Surveyor registered in the State of Colorado,and shall conform to the standards en and criteria established by the County for public improvements. d mo-o_ rv) 1.2 The required engineering services shall consist of, but not be limited to, surveys, — o o designs, plans and profiles,estimates,construction supervision,and the submission of necessary documents to the County. -c1.3 Applicant shall furnish drawings and cost estimates for roads within the Subdivision c — o or Planned Unit Development to the County for approval prior to the letting of any am o cc construction contract. Before acceptance of the roads within the Subdivision or • 4.0 Planned Unit Development by the County, Applicant shall furnish one set of to —M Page 1 of 14 0207- 06 4' reproducible "as-built" drawings and a final statement of construction cost to the County. 2.0 Rights-of-way and Easements: Before commencing the construction of any improvements herein agreed upon,Applicant shall acquire,at its own expense,good and sufficient rights-of- way and easements on all lands and facilities traversed by the proposed improvements. All such rights-of-way and easements used for the construction of roads to be accepted by the County shall be conveyed to the County and the documents of conveyance shall be furnished to the County for recording. 3.0 Construction: Applicant shall furnish and install, at its own expense, the Subdivision or Planned Unit Development improvements listed on Exhibit "A," which is attached hereto and incorporated herein by reference,according to the construction schedule set out in Exhibit "B" also attached hereto and incorporated herein by reference. 3.1 Said construction shall be in strict conformance to the plans and drawings approved by the County and the specifications adopted by the County for such public improvements. Whenever a Subdivision or Planned Unit Development is proposed within three miles of an incorporated community located in Weld County or located in any adjacent county, the Applicant shall be required to install improvements in accordance with the requirements and standards that would exist if the plat were developed within the corporate limits of that community. If the incorporated community has not adopted such requirements and standards at the time the Subdivision or Planned Unit Development is proposed, the requirements and standards of the County shall be adhered to. If both the incorporated community and the County have requirements and standards,those requirements and standards that are more restrictive shall apply. 3.2 Applicant shall employ, at its own expense, a qualified testing company previously approved by the County to perform all testing of materials or construction that is required by the County; and shall furnish copies of test results to the County. 3.3 At all times during said construction, the County shall have the right to test and inspect, or to require testing and inspection of material and work, at Applicant's - rc move expense. Any material or work not conforming to the approved plans and specifications shall be removed and replaced to the satisfaction of the County at 0 Applicant's expense. 0 g - c 3.4 Applicant shall furnish proof that proper arrangements have been made for the 3 installation of sanitary sewer or septic systems, water, gas, electric and telephone co services. =5 _T o g 3.5 Said Subdivision or Planned Unit Development improvements shall be completed, c according to the terms of this Agreement,within the construction schedule appearing in Exhibit "B." The Board of County Commissioners, at its option, may grant an NO o o extension of the time of completion shown on Exhibit "B" upon application by the mom C Applicant subject to the terms of Section 6 herein. at OD 4.0 Release of Liability: Applicant shall indemnify and hold harmless the County from any and o all liability loss and damage County may suffer as a result of all suits, actions or claims of N every nature and description caused by, arising from, or on account of said design and Page 2 of 14 construction of improvements,and pay any and all judgments rendered against the County on account of any such suit,action or claim,together with all reasonable expenses and attorney fees incurred by County in defending such suit, action or claim whether the liability, loss or damage is caused by, or arises out of the negligence of the County or its officers, agents, employees, or otherwise except for the liability, loss, or damage arising from the intentional torts or the gross negligence of the County or its employees while acting within the scope of their employment. All contractors and other employees engaged in construction of the improvements shall maintain adequate worker's compensation insurance and public liability insurance coverage,and shall operate in strict accordance with the laws and regulations of the State of Colorado governing occupational safety and health. 5.0 Off-Site Improvements Reimbursement Procedure: The subdivider,applicant,or owner may be reimbursed for off-site road improvements as provided in this section when it has been determined by the Board of County Commissioners that the road facilities providing access to the Subdivision or Planned Unit Development are not adequate in structural capacity,width, or functional classification to support the traffic requirements of the uses of the Subdivision or Planned Unit Development. 5.1 The subdivider, applicant, or owner shall enter into an off-site improvements agreement prior to recording the final plat when the subdivider,applicant,or owner expects to receive reimbursement for part of the cost of the off-site improvements. 5.2 The off-site improvements agreement shall contain the following: The legal description of the property to be served. The name of the owner(s)of the property to be served. A description of the off-site improvements to be completed by the subdivider, applicant, or owner. The total cost of the off-site improvements. The total vehicular trips to be generated at build-out by the Subdivision, Resubdivision, or Planned Unit Development, as specified by the ITE Trip _ Generation Manual, or by special study approved by the Board of County v Commissioners. A time period for completion of the off-site improvements. OJ CC MIMM - The terms of reimbursement. Y The current address of the person to be reimbursed during the term of the d agreement. oo Any off-site improvements agreement shall be made in conformance with the a.9 0 Weld County policy on collateral for improvements. En= t.) 5.3 If the subdivider, applicant, or owner fails to comply with the improvements a.ti agreement,the opportunity to obtain reimbursement under this section is forfeited. c 0 5.4 When it is determined by the Board of County Commissioners that vehicular traffic o c from a Subdivision, Resubdivision, or Planned Unit Development will use a road $o improvement constructed under an improvements agreement, the subsequent - o subdivider,applicant,or owner shall reimburse the original subdivider,applicant,or cc owner, for a portion of the original construction cost. In no event shall the original r CO subdivider, applicant, or owner collect an amount which exceeds the total cost of rr improvements less the pro rata share of the total trip impacts generated by the —-M original development. Evidence that the original subdivider,applicant,or owner has Page 3 of 14 been reimbursed by the subsequent subdivider,applicant or owner shall be submitted to the Department of Planning Services prior to recording the Subdivision, Resubdivision, or Planned Unit Development Final Plat. 5.5 The amount of road improvement costs to be paid by the subsequent subdivider, applicant,or owner of a Subdivision,Resubdivision, or Planned Unit Development using the road improvements constructed under a prior improvement agreement will be based upon a pro rata share of the total trip impacts associated with the number and type of dwelling units and square footage and type of nonresidential developments intended to use the road improvement. The amount of road improvement costs shall also consider inflation as measured by the changes in the Colorado Construction Cost Index used by the Colorado Division of Highways. The cost of road improvements may be paid by cash contribution to the prior subdivider, applicant or owner, or by further road improvements which benefit the prior subdivider, applicant, or owner's property. This decision shall be at the sole discretion of the Board of County Commissioners based upon the need for further off-site road improvements. 5.6 The report entitled TRIP GENERATION (Third Edition, 1982) of the institute of Transportation Engineers shall normally be used for calculating a reasonable pro rata share of the road improvement construction costs for all Subdivisions, Resubdivisions,or Planned Unit Developments. A special transportation study shall be used for land uses not listed in the TTE Trip Generation Manual. Any question about the number of trips a Subdivision, Resubdivision, or Planned Unit Development will generate shall be decided by the County Engineer. 5.7 The term for which the subdivider,applicant,or owner is entitled to reimbursement under the off-site improvements agreement,entered into between the subdivider and the County, is ten years from the date of execution of a contract for road improvements. 5.8 This provision is not intended to create any cause of action against Weld County or its officers or employees by any subdivider,applicant, or owner for reimbursement, and in no way is Weld County to be considered a guarantor of the monies to be reimbursed by the subsequent subdividers, applicants, or owners. = ea�. 6.0 Acceptance of Streets for Maintenance by the County: Upon compliance with the following so o=v procedures by the Applicant,streets within a Subdivision or Planned Unit Development may be accepted by the County as a part of the County road system and will be maintained and o repaired by the County. 55r.3 6.1 If desired by the County, portions of street improvements may be placed in service when completed according to the schedule shown on Exhibit"B,"but such use and o g operation shall not constitute an acceptance of said portions. -r S I N 6.2 County may, at its option, issue building permits for construction on lots for which o street improvements detailed herein have been started but not completed as shown on Exhibit "B," and may continue to issue building permits so long as the progress of um.occ work on the Subdivision or Planned Unit Development improvements in that phase r- t of the development are satisfactory to the County; and all terms of this Agreement a v o have been faithfully kept by Applicant. Page 4 of 14 6.3 Upon completion of the construction of streets within a Subdivision or Planned Unit Development and the filing of a Statement of Substantial Compliance, the applicant(s)may request in writing that the County Engineer inspect the streets and recommend that the Board of County Commissioners accept them for partial maintenance by the County. Partial maintenance consists of all maintenance except for actual repair of streets, curbs and gutters, and related street improvements. Not sooner than nine months after acceptance for partial maintenance of streets, the County Engineer shall,upon request by the applicant, inspect the subject streets,and notify the applicant(s)of any deficiencies. The County Engineer shall reinspect the streets after notification from the applicant(s) that any deficiencies have been corrected. If the County Engineer finds that the streets are constructed according to County standards,he shall recommend acceptance of the streets for full maintenance. Upon a receipt of a positive unqualified recommendation from the County Engineer for acceptance of streets within the development, the Board of County Commissioners shall accept said streets as public facilities and County property,and shall be responsible for the full maintenance of said streets including repair. 7.0 General Requirements for Collateral: 7.1 The value of all collateral submitted to Weld County must be equivalent to One- Hundred percent (100%) of the value of the improvements as shown in this Agreement. Prior to Final Plat approval,the applicant shall indicate which of the five types of collateral preferred to be utilized to secure the improvements subject to final approval by the Board of County Commissioners and the execution of this Agreement. Acceptable collateral shall be submitted and the plat recorded within six (6)months of the Final Plat approval. If acceptable collateral has not been submitted within six(6)months then the Final Plat approval and all preliminary approvals shall automatically expire. An applicant may request that the County extend the Final Plat approval provided the cost estimates are updated and the development plans are revised to comply with all current County standards, policies and regulations. The sv improvements shall be completed within one (1) year afier the Final Plat approval 0 (not one year after acceptable collateral is submitted) unless the applicant(s) s cc requests that this Agreement be renewed at least thirty (30) days prior to its Yexpiration and further provides that cost estimatesfor the remaining improvements =m are updated and collateral is provided in the amount of One-Hundred percent o (100%) of the value of the improvements remaining to be completed. If rim rte' =i improvements are not completed and the agreement not renewed within these time �-9„2 frames, the County, at its discretion, may make demand on all or a portion of the ? collateral and take steps to see that the improvements are made. as la;c r N son7.2 The applicant may choose to provide for a phased development by means of 0 0 designating filings of a Planned Unit Development Final Plan or Subdivision Final roc Plan. The applicant would need only to provide collateral for the improvements in ESN N c each filing as approved. The County will place restrictions on those portions of the property that are not covered by collateral which will prohibit the conveyance of the mom c cc property or the issuance of building permits until collateral is provided or until to improvements are in place and approved pursuant to the requirements for a Request r“E, for Release of Collateral. imm Page 5 of 14 7.3 The applicant intends to develop in accordance with Exhibits "A" and "B." The costs of the improvements described in Exhibit"A"will be adjusted higher or lower for the year and quarter in which the contemplated work is being performed based on "The State Highway Bid Price Index" contained in the "Quarterly Cost Report" of The Engineering News-Record as published by The McGraw-Hill Companies. The applicant has provided cost estimates for all phases of the development which will be adjusted in accordance with The State Highway Bid Price Index at the time of posting of collateral for each phase. 8.0 Improvements Guarantee: The five types of collateral listed below are acceptable to Weld County subject to final approval by the Board of County Commissioners. 8.1 An irrevocable Letter of Credit from a Federal or State licensed financial institution on a form approved by Weld County. The Letter of Credit shall state at least the following: 8.1.1 The Letter of Credit shall be in an amount equivalent to One-Hundred percent(100%)of the total value of the improvements as set forth in Section 6.0 and Exhibits "A" and "B." 8.1.2 The Letter of Credit shall provide for payment upon demand to Weld County if the developer has not performed the obligations specified in the Improvements Agreement and the issuer has been notified of such default. 8.1.3 The applicant may draw from the Letter of Credit in accordance with the provisions of this policy. 8.1.4 The issuer of the Letter of Credit shall guarantee that, at all times, the E unreleased portion of the Letter of Credit shall be equal to a minimum of o One-Hundred percent (100%) of the estimated costs of completing the aZi uncompletedportions of the required improvements,based on inspections of o� P 4 P P mom c3 Y the development by the issuer. In no case shall disbursement for a general improvement item exceed the cost estimate in the Improvements Agreement C 0 o o (i.e., streets, sewers, water mains and landscaping, etc.). The issuer of the a a g Letter of Credit will sign the Improvements Agreement acknowledging the_r. g agreement and its cost estimates. NM= �ti 8.1.5 The Letter of Credit shall specify that fifteen percent (15%) of the total a c Letter of Credit amount cannot be drawn upon and will remain available to Weld County until released by Weld County. 0 ma w o 8.1.6 The Letter of Credit shall specify that the date of proposed expiration of the CO o Letter of Credit shall be either the date of release by Weld County of the mon o cc final fifteen percent(15%),or one year from the date of Final Plat approval, Arco whichever occurs first. Said letter shall stipulate that, in any event, the Letter of Credit shall remain in full force and effect until after the Board has received sixty(60)days written notice from the issuer of the Letter of Credit C'D CO of the pending expiration. Said notice shall be sent by certified mail to the Clerk to the Board of County Commissioners. Page 6 of 14 8.2 Trust Deed upon all or some of the proposed development or other property acceptable to the Board of County Commissioners provided that the following are submitted: 8.2.1 In the event property within the proposed development is used as collateral, an appraisal is required of the property in the proposed development by a disinterested Member of the American Institute of Real Estate Appraisers (M.A.I.) indicating that the value of the property encumbered in its current degree of development is sufficient to cover One-Hundred percent(100%)of the cost of the improvements as set forth in the Improvements Agreement plus all costs of sale of the property. 8.2.2 In the event property other than the property to be developed has been accepted as collateral by Weld County,then an appraisal is required of the property by a Member of the Institute of Real Estate Appraisers (M.A.I.) indicating that the value of the property encumbered in its current state of development is sufficient to cover One-Hundred percent(100%)of the cost of the improvements as set forth in the Improvements Agreement plus all costs of sale of the property. 8.2.3 A title insurance policy insuring that the Trust Deed creates a valid encumbrance which is senior to all other liens and encumbrances. 8.2.4 A building permit hold shall be placed on the encumbered property. 8.3 Escrow Agreement that provides at least the following: d 8.3.1 The cash in escrow is at least equal to One-Hundred percent(100%)of the WENS WEEMS o amount specified in the Improvements Agreement. ism d SW MC 8.3.2 The escrow agent guarantees that the escrowed funds will be used for moats g ass"d improvements as specified in the agreement and for no other purpose and a. will not release any portion of such funds without prior approval of the Weld .� 6� c County Board of Commissioners. ismE giro a)g 3 8.3.3 The escrow agent will be a Federal or state-licensed bank or financial d � institution. c 8.3.4 If Weld County determines there is a default of the Improvements co. Agreement,the escrow agent,upon request by the County,shall release any co remaining escrowed funds to the County. EWEE N O g0 8.4 A surety bond given by a corporate surety authorized to do business in the State of �e3°C Colorado in an amount equivalent to One-Hundred percent(100%)of the value of moms^ ' the improvements as specified in the Improvements Agreement. fro r— 8.5 A cash deposit made with the County equivalent to One-Hundred percent(100%)of the value of the improvements. 9.0 Request for Release of Collateral: Prior to release of collateral for the entire project or for a portion of the project by Weld County,the Applicant must present a Statement of Substantial Page 7 of 14 Compliance from an Engineer registered in the State of Colorado that the project or a portion of the project has been completed in substantial compliance with approved plans and specifications documenting the following: 9.1 The Engineer or his representative has made regular on-site inspections during the course of construction and the construction plans utilized are the same as those approved by Weld County. 9.2 Test results must be submitted for all phases of this project as per Colorado Department of Transportation(CDOT) Schedule for minimum materials sampling, testing and inspections found in CDOT Materials Manual. 9.3 "As-built" plans shall be submitted at the time the letter requesting release of collateral is submitted. The Engineer shall certify that the project "as-built" is in substantial compliance with the plans and specifications as approved, or that any material deviations have received prior approval from the County Engineer. 9.4 The Statements of Substantial Compliance must be accompanied,if appropriate,by a letter of acceptance of maintenance and responsibility by the appropriate utility company, special district or town for any utilities. 9.5 A letter must be submitted from the appropriate Fire Authority indicating the fire hydrants are in place in accordance with the approved plans. The letter shall indicate if the fire hydrants are operational and state the results of fire flow tests. 9.6 The requirements in Sections 9.0 thru 9.5 shall be noted on the final construction plans. 9.7 Following the submittal of the Statement of Substantial Compliance and recommendation of acceptance of the streets for partial maintenance by the County, the applicant(s)may request release of the collateral for the project or portion of the o project by the Board. This action will be taken at a regularly scheduled public - d meeting of the Board. NM=ooa mu. -V 9.8 The request for release of collateral shall be accompanied by"Warranty Collateral"in the amount of fifteen percent (15%) of the value of the improvements as shown in '0 d this Agreement excluding improvements fully accepted for maintenance by the o responsible governmental entity, special district or utility company. ▪ . 9.9 The warranty collateral shall be released to the applicant upon final acceptance by the a_ el) ti Board of County Commissioners for full maintenance under Section 5.3 herein. -NO 10.0 Public Sites and Open Spaces: When the Board of County Commissioners, pursuant to a ce rezoning, Subdivision or Planned Unit Development, requires the dedication, development c.,,o and/or reservation of areas or sites other than Subdivision or Planned Unit Development o streets and utility easements of a character, extent and location suitable for public use for imm o cc parks, greenbelts or schools, said actions shall be secured in accordance with one of the -o r following alternatives, or as specified in the Planned Unit Development plan, if any: —-T O -- � 10.1 The required acreage, as may be determined by relevant Sections of the Weld County Code,shall be dedicated to the County or the appropriate school district,for Page 8 of 14 one of the above purposes. Any area so dedicated shall be maintained by the County or school district. 10.2 The required acreage, as determined by relevant Sections of the Weld County Code may be reserved through deed restrictions as open area, the maintenance of which shall be a specific obligation in the deed of each lot within the Subdivision or Planned Unit Development. 10.3 In lieu of land,the County may require a payment to the County in an amount equal to the market value at the time of Final Plat submission of the required acreage as determined by relevant Sections of the Weld County Code. Such value shall be determined by a competent land appraiser chosen jointly by the Board and the Applicant. The cash collected shall be deposited in an escrow account to be expended for parks at a later date. 11.0 Successors and Assigns: This Agreement shall be binding upon the heirs,executors,personal representatives,successors and assigns of the Applicant,and upon recording by the County, shall be deemed a covenant running with the land herein described,and shall be binding upon the successors in ownership of said land. IN WITNESS WHEREOF,the parties hereto have caused this Agreementftb be ex cuted on the day and year first above written. } ' C/APPLICAN / /... APPLICANT: TITLE: ATf7 Subscribed and sworn to before me this 5 I day of k(a _, 20 C5. .`CRY My Commission expires: ; ' s No ry Publi V Co L__— tA� f/O gfe®CotoF 3451761 01/30/2007 1111 111111111111 IIII 111111 III IIIII III III Weld County, CO 9 of 16 R 0.00 D 0.00 Steve Moreno Clerk& Recorder Page 9 of 14 ATTEST: BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO LIM144 < Elsa 181 ft") Weld County Clerk to the Board David E. Long , Chair 01/03/2007 tl"3T BY. 4,2 De ty Cler to the Board t� APPROVED AS TO FORM: s- -7 .` - - Cou6ty Attorney 1 111111 11111 11111 111111 111111 1111 111111 III 111111 III IIII 3451761 01/30/2007 02:19P Weld County, CO 10 of 16 R 0.00 D 0.00 Steve Moreno Clerk& Recorder Page 10 of 14 2007-0022 & vg's ed EXHIBIT "A" Name of Subdivision ? ad& &Wd; o cjQ►v ne Uit Development: QQ C C L Filing: K. C ? Location: kid C I. 1 5 I M 't 1 E S0 LA4 11 J Hy Intending to be legally bound,the undersigned Applicant hereby agrees to provide throughout this Subdivision or Planned Unit Development the following improvements. (Leave spaces blank where they do not apply.) Improvements Ouantiti Units Unit Estimated Construction Costs Cost Site grading Construction complete Street grading Street base Construction complete Street paving Construction complete Curbs,gutters,and culverts Sidewalk Storm sewer facilities Construction complete Retention ponds Ditch Improvements Construction complete Subsurface drainage Sanitary sewers Trunk and forced lines Mains Laterals(house connected) On-site sewage facilities On-site water supply and storage Water Mains(includes bore) Construction complete Fire hydrants Construction complete Survey and street monuments and boxes Street lighting Street Names (with stop signs&fire signs) Construction complete Fencing requirements Landscaping Construction complete Park improvements d Road culvert (and ditch culvert) Construction complete oGrass lined swale CD Telephone --no charge--- ,b Gas -coa�' Electric zit-, 15%of Road Asphalt Paving 10,112.00 c SUB-TOTAL: imm- 0 d Pi - 2 Engineering and Supervision Costs$ Complete rn in (Testing,inspection, as-built plans and work in addition to preliminary and final plat; supervision of actual N o construction by contractors) 04 o mom o- o TOTAL ESTIMATED COST OF IMPROVEMENTS AND SUPERVISION $ 10,112.00 �No 8 o The above improvements shall be constructed in accordance with all County requirements and specifications, --x and conformance with this provision shall be determined solely by Weld County,or its duly authorized agent. r r Page 11 of 14 .®..�.......A.,.I- ".�,.o � vr -mom Sai ' t sh 1 complete cording to the construction schedule set out in Exhibit "B." By: Applicant Applicant ()wale/ C /� Date:/0 — 13 , 20 Title �f F (If corporation,to be signed by President and attested to by Secretary, together with corporate seal.) 1111111 11111 11111 111111 111111 1111 111111 III 111111 III III 3451761 01/30/2007 02:19P Weld County, CO 12 of 16 R 0.00 D 0.00 Steve Moreno Clerk& Recorder IfonT i z 9tttle Page 12 of 14 • No /on9e r EXHIBIT "A" rr!e l�tcnt Name of Subdivision or Planned Unit Development: Coyote Ridge Filing: First Lot B of Amended Recorded Exemption #3340; Being Part of the NWT of Location: Section 20, and Part of the SWIt of Section 17, all in Township 5 North, Range 67 West of the 6th P.M. , Weld County, Colorado. Intending to be legally bound,the undersigned Applicant hereby agrees to provide throughout this Subdivision or Planned Unit Development the following improvements. (Leave spaces blank where they do not apply.) Improvements Quantity Units Unit Estimated Costs Construction Cost Site grading 45,300.00 Street grading Inclosed with site grading Street base 33,137.25 Street paving 157,956.50 Curbs, gutters,and culverts Sidewalk Storm sewer facilities 5,125.00 Retention ponds Ditch Improvements 4,000.00 Subsurface drainage Sanitary sewers Trunk and forced lines Mains Laterals(house connected) On-site sewage facilities On-site water supply and storage Water Mains(includes bore) 102,458.75 Fire hydrants 16,000.00 Survey and street monuments and boxes imm o Street lighting Street Names (with stop signs&fire signs) 2,950 imm 0 se Fencing requirements Landscaping 25,000.00 Park improvements no Road culvert (and ditch culvert) 19,665.60 C Grass lined swale m Telephone ---no charge--- Imimd Gas 58,564.00 en ti Electric 55,000.00 c 8 Water transfer ---- 6 SUB-TOTAL: 525,157.10 ono o Engineering and Supervision Costs $ 80,000 Ia._ o MME CO (Testing, inspection, as-built plans and work in addition to preliminary and final plat; supervision of actual -o construction by contractors) -n aim 0 TOTAL ESTIMATED COST OF IMPROVEMENTS AND SUPERVISION $ 605,157.10 The above improvements shall be constructed in accordance with all County requirements and specifications, and conformance with this provision shall be determined solely by Weld County,or its duly authorized agent. Page 11 of 14 r Said improVeMents sh 11 a completed according to the construction schedule set out in Exhibit "B." By: h t Applicant Applicant pp �l�y (I" l cir Date: frl Ay if , 20 OS Title (If corporation, to be signed by President and attested to by Secretary, together with corporate seal.) 111111111111 11111 111111 111111 IIII 111111 III 111111 III I1I1 3451761 01/30/2007 02:19P Weld County, CO 14 of 16 R 0.00 D 0.00 Steve Moreno Clerk& Recorder Page 12 of 14 EXHIBIT "B" Name of Subdivision or Planned Unit Development: Coyote Ridge Filing: First Lot B of Amended Recorded Exemption ;13340; Being Part of the NWT of Location: of Section 20, and Part of the SWIt of Section 17, all in Township 5 North Range 67 West of the 6th P.M. , Weld County, Colorado. All improvements shall be completed within years from the date of approval of the final plat. Construction of the improvements listed in Exhibit "A" shall be completed as follows: (Leave spaces blank where they do not apply.) Improvements Time for Completion Site grading Street grading Street base Street paving Curbs, gutters, and culverts Sidewalk Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Trunk and forced lines Mains Laterals (house connected) JULY 2006 On-site sewage facilities On-site water supply and storage Water mains Fire hydrants Survey and street monuments and boxes Street lighting Street name signs Fencing requirements Landscaping Park improvements Road culvert Grass lined swale Telephone Gas Electric Water transfer 111111111111111111111111111111111111111 I I 1111111 II 11111 SUB-TOTAL: 3451761 01/30/2007 02:19P Weld County, CO 15 of 16 R 0.00 D 0.00 Steve Moreno Clerk& Recorder Page 13 of 14 • The County, at its option, and upon the request of the Applicant, may grant an extension of time for completion for any particular improvements shown above, upon a showing by the Applicant that the above schedule cannopbe et. n r a, By: i Applicant ti Applicant ����� ��— 11/47 s Gl / > Date: � �, 20 Q Title c— (If corporation, to be signed by President and attested to by Secretary, together with corporate seal.) HIM 11111 11111 "MI MI 1111 111111 III 111111 III 1111 3451761 01/30/2007 02:19P Weld County, CO 16 of 16 R 0.00 D 0.00 Steve Moreno Clerk& Recorder Page 14 of 14 Page 1 of 8 Esther Gesick From: Esther Gesick Sent: Friday, December 15, 2006 8:37 AM To: Kim Ogle Cc: Peter Schei; Drew Scheltinga; Donna Bechler Subject: RE: PF-1032 ... PRIVATE Improvements Agreemetn .... RE: Coyote Ridge Attachments: Aprivate.wpd; Aprivate.doc Kim, Staff will need to substitute the entire agreement. If you look at the two, the terms within are very different, so it's not just a matter of changing the title page. I've attached a Private Improvements Agreement form (attached in Word or WordPerfect formats)for the applicant's use. It will need to be returned to our office by 5:00 p.m. on Thursday December 28, 2006, to meet the agenda deadline for the January 3rd Board meeting. Thanks! Esther From: Kim Ogle Sent: Friday, December 15, 2006 12:23 AM To: Nolan Ulmer Cc: Peter Schei; Drew Scheltinga; Esther Gesick Subject: RE: PF-1032 ... PRIVATE Improvements Agreemetn .... RE: Coyote Ridge Nolan Staff will substitute page one of the agreement to reflect that the monies are for private improvements. Public Works is requesting to hold the 15% line item which they are able to address before the Board. Additional questions, please email or call thanks Kim From: Nolan Ulmer [mailto:nustar@thinairnet.com] Sent: Wednesday, December 13, 2006 2:45 PM To: Kim Ogle Subject: FW: PF-1032 ... PRIVATE Improvements Agreemetn .... RE: Coyote Ridge Importance: High Kim can you update me on this From: Peter Schei [mailto:pschei@co.weld.co.us] Sent: Monday, December 11, 2006 11:40 AM To: Nolan Ulmer Cc: sphipps@pickettengineering.com; Kim Ogle Subject: PF-1032 ... PRIVATE Improvements Agreemetn .... RE: Coyote Ridge Importance: High 11-Dec-2006. Good Morning, Nolan: 1/2/2007 Page 2 of 8 I attended the Board Of County Commissioners hearing this morning representing Public Works with respect to your Improvements Agreement for Coyote Ridge PUD (PF-1032). It seems that a "Public" improvements agreement had been submitted to the Clerk to the Board for this item ... which was incorrect. Planning was not present at the hearing today ... which had scheduled the item with the Clerk, so I don't know if there is a concern on Planning's side. The Commissioners moved to CONTINUE this item until the correct (PRIVATE) Improvements Agreement is submitted to the Clerk to the Board - - - hearing continued to Jan. 3rd, 2007. Nolan, please remedy this with Planning (and / or your engineer). It was my understanding that your engineer had submitted the Private Improvements Agreement to Planning for this item. As I recall, you (via your engineer) had submitted a Private Improvements Agreement to Planning, of which Public Works was in agreement with. So, there are no concerns from our department. I have looked back through the case and determined your Administrative Review resolution called out a Private Improvements Agreement and Private Maintenance of the Internal roads by the Homeowners Association. So, we are in agreement with the resolution request. Additionally, recent emails document an understanding of a Private Improvements Agreement. I had notified the Clerk & Planning last Friday of this incorrect item when the agenda was sent out. Please let me know if there is anything I can do to assist this process. Happy Holidays, Peter. P.S. I have copied today's hearing agenda below for your information (look under Planning for your item). AGENDA 2006-3355 BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO MONDAY, DECEMBER 11, 2006 9:00 a.m. TAPE #2006-41 SOCIAL SERVICES BOARD PLEDGE OF ALLEGIANCE ROLL CALL: Commissioner M. J. Geile, Chair Commissioner David E. Long, Pro-Tem 1/2/2007 i ` csf FIRST WESTERN TRUST BANK NORTHERN COLORADO C. BUD NOITSINGER PRESIDENT IRREVOCABLE LETTER OF CREDIT NO. 43004619 October 12, 2006 Board of County Commissioners ATTN: Clerk to the Board P.O. Box 758 Greeley, CO 80632 RE: Coyote Ridge Land Holdings, LLC (Contractor) Dear Board of County Commissioners: We hereby open our Irrevocable Letter of Credit in your favor for the account of Coyote Ridge Land Holdings, LLC, 16529 Weld County Road 70, and Greeley, Co 80631 for a sum not to exceed the aggregate of Ten Thousand One Hundred Twelve Dollars and no cents. Each draft so drawn must be marked "Drawn"under FIRST WESTERN TRUST BANK, 233 MILWAUKEE STREET, DENVER, CO 80206, Letter of Credit No.43004619 and be accompanied by a "signed statement from the Board of County Commissioners of Weld County, Colorado stating the Contractor has committed a material breach of the Improvements Agreement According to Policy Regarding collateral for Improvements regarding the agreement dated the 5th day of October, 2006 by and between the Contractor and the Board of County Commissioners of the County of Weld." This credit is subject, so far as applicable, to "The Uniform Customs and Practice for Documentary Credits, 1993 Revision, and The International Chamber of Commerce Publication No. 500." We hereby agree with you that all drafts drawn under and in compliance with the terms of this credit will be duly honored and presented for payment to our main office, FIRST WESTERN TRUST BANK, 233 MILWAUKEE STREET, DENVER, CO 80206. This letter of credit will expire on October 12, 2007 at 5:00 P.M. This letter of credit is automatically extended without amendment, for additional one year periods from the current expiration or any future expiration date unless 60 days prior to such current expiration date FIRST WESTERN TRUST BANK notifies beneficiary in writing that the letter of credit will not be renewed. In the case you receive such a notification, you may draw by presentation of the following: (a) a draft at sight on FIRST WESTERN TRUST BANK: (b) a 318 CANYON AVENUE SUITE 100 FORT COI LINS. COLORADO ZIP CODE 80521 ") TELEPHONE 970.494.9222 FACSIMILE 970 416 9321 WWW.FWTB COM EMAIL BNOFF'SINGER: FWTB.COM Y%i FIRST WESTERN TRUST BANK NORTHERN COLORADO BUD NOFFSINGER PRESIDENT statement purportedly signed by an official of the Board of County Commissioners of Weld County, Colorado stating that we have received notice from FIRST WESTERN TRUST BANK the Letter of Credit No .43004619 will not be renewed and that the Contractor has failed to provide proof of adequate collateral and substitution of this Letter of Credit No. 43004619; (c) copy of letter from FIRST WESTERN TRUST BANK stating non-renewal of Letter of Credit No.430046I9 and the original letter of credit. Yours n truly, l rd rV Robert Noffsinger President 318 CANYON AVENUE SUITE loo FORT COLLINS, COLORADO ZIP CODE 80521 TELEPHONE 970.484.9222 FACSIMILE 970.416.9321 WWW.FWTB.COM EMAIL BNOFFSINGER•aFWTB.COM # t4:1 MEMORANDUM We. To: Board of County Commissioners COLORADO Date: December 11, 2006 From: Kim Ogle, Planning Manager Subject: Acceptance of Irrevocable Letter of Credit#43004619 First Western Trust Bank for Coyote Ridge PUD Case number PF-1032 Nolan Ulmer, Applicant The Department of Planning Services received an Irrevocable Letter of Credit #43004619 from the First Western Trust Bank, 233 Milwaukee Street, Denver, Colorado 80206, for Coyote Ridge PUD, case number PF-1032 in the amount of ten thousand one hundred twleve (10,112.00) dollars and 00/100s. Items covered under this Escrow Agreement include: Street Paving Escrow Amount at 15% of total $10,112.00 dollars The Weld County Attorney, the Department of Public Works and the Department of Planning Services, have determined that the amount of the agreement will be sufficient to complete the work required for Coyote Ridge PUD, and the Department of Planning Services recommends acceptance of this Irrevocable Letter of Credit#43004619. M:\wpfiles\ogle\kim\collateral\PF 1032-wpd SERVICE,TEAMWORK,INTEGRITY,QUALITY Kim Ogle Planning Manager Southwest Weld Service Center 4209 CR 24.5 Longmont, CO 80505 720.652.4210 extension 8730 T 720.652.4211 Facsimile kogle@co.weld.co.us From: Peter Schei Sent: Thursday, October 05, 2006 3:51 PM To: Kim Ogle Cc: sphipps@pickettengineering.com; Nolan Ulmer; Tracy Dyer Subject: RE: Improvements Agreement for the Coyote Ridge Subdivision (PF-1032) Importance: High 05-Oct-2006. Good Afternoon, Kim: The Improvements Agreement for$10,112.00 is sufficient based upon the engineer's unit costs provided. Please proceed ahead with this agreement. Public Works accepts the $10,112.00 for collateral to be retained for a one-year warranty period for the internal subdivision roadway (privately maintained by the HOA)with PF-1032 Coyote Ridge PUD. This email will constitute PW's formal acknowledgement. Thank you for your time and consideration, Peter. (A formal memorandum will not follow, because of the urgency of the request and PW's resource availability.) Peter SCHEI,P.E.,N.S.P.E. Weld County-Public Works Department 1111 -H Street,Greeley,CO 80632 970.356.4000 x3750 pschei@co.weld.co.us .1",:c Borne Home -- to Weld County" From: Kim Ogle Sent: Thursday, October 05, 2006 2:55 PM To: Peter Schei Subject: FW: Improvements Agreement for the Coyote Ridge Subdivision (PF-1032) Number is good? Nolan wants to get letter of credit pulled today. Kim Ogle Planning Manager Southwest Weld Service Center 4209 CR 24.5 Longmont, CO 80505 720.652.4210 extension 8730 T 720.652.4211 Facsimile kogle@co.weld.co.us From: Sean Phipps [mailto:sphipps@pickettengineering.com] Sent: Wednesday, October 04, 2006 6:52 PM To: Peter Schei Cc: Kim Ogle; nustar@thinair.net Subject: Improvements Agreement for the Coyote Ridge Subdivision (PF-1032) Peter, Nolan Ulmer asked me to forward you the attached Exhibit"A" for a private on-site road improvements agreement which identifies 15% of the cost of the asphalt paving installation for the road that has already been constructed for the subdivision. The unit cost of$0.80 per square yard of asphalt is 15% of the total $5.35 per square yard cost. This information was provided to me today by the contractor who completed the construction. Please let me know if you need anything else to complete the coordination for the improvements • agreement. Thank you. Sean Phipps, PE Project Manager PICKETT ENGINEERING, INC. 808 8th Street Greeley, CO 80631 Phone 970.356.6362 ext. 28 Fax 970.356.6486 MEMORANDUM Date: September 01, 2006 To: Frank B. Hempen, Jr., .E., Director of Public Works/County Engineer WIlD�. From: Peter Schei, P.E., Pu' ')1�arks Department COLORADO RE: Private Maintenance of Internal Roadway for a Subdivision (PF-1032) O The applicant, Nolan Ulmer, has requested Private Maintenance for the subdivision internal roadways of Coyote Ridge PUD(PF-1032). ❑ Initially the case was heard at Change of Zone for Public Maintenance of subdivision internal roadways. Public Works signed-off on all conditions of requirement for final plat in a memorandum to Planning in April-2006. ❑ The Public Works staff of development review engineers and field inspectors is in favor of recommending Private Maintenance of the subdivision internal roadways in this case. ❑ This development is under Administrative Review by the Planning Department for final plat. ❑ The applicant will be requested to submit an Improvements Agreement According to Policy Regarding Collateral For Improvements (Private Road Maintenance), which is acceptable to Public Works. The Board of County Commissioners prior to recording the final plat shall approve the agreement. o The applicant will be requested to provide a note on the final plat indicating Private Maintenance of the subdivision internal roadways. ❑ Additionally, the Homeowners Association Covenants will be required take ownership and responsibility for the Private Maintenance of the internal subdivision roadways. o Public Works will notify the Planning Department and the applicant of this decision. Private Maintenance Review 64 Initial: ' f Perry Eisenach,P.E.,E gineering Division Manager Private Maintenance Review Initial: _ Fran Hempen Jr.,P. .,Director of Public Works/County Engineer ❑ tivate aintenance.is approved. (Please check box) O Private Maintenance is not approved. (Please check box) Comments: _--_. Page 1 of 1 _ Page 1 of 1 Esther Gesick From: Sean Phipps [sphipps@pickettengineering.com] Sent: Wednesday, January 10, 2007 9:56 AM To: nustar@thinair.net Cc: Kim Ogle; Esther Gesick; Drew Scheltinga Subject: Improvements Agreement for Coyote Ridge(PF-1032) Nolan, I spoke to Esther Gesick the Weld County Clerk to the Board this morning in regard to the improvements agreement for the Coyote Ridge Subdivision. She explained that since the paperwork for a"Private" Improvements Agreement had not been submitted prior to the hearing on January 3rd, the Board of County Commissioners went ahead and approved the"Public" Improvements Agreement that had been previously been submitted. I believe the Board and County Staff were agreeable to this action since the road improvements have already been made and since you had already submitted a letter of credit as collateral against those road improvements to be held for the period of one year. To try and address this issue, Esther coordinated with Bruce Barker, Kim Ogle and Drew Scheltinga and then revised the language of the Board's resolution to reflect the fact that a "Public" Improvements Agreement had been approved instead of a "Private". Esther felt that the revised language in the Board's resolution was sufficient to address this issue and that no further action was required from you at this point. I asked Esther to give Kim Ogle a call to let him know what she and I discussed this morning. Please feel free to contact me if you have any questions. Thank you. Sean Phipps, PE Project Manager PICKETT ENGINEERING. INC. 808 8th Street Greeley, CO 80631 Phone 970.356.6362 ext. 28 Fax 970.356.6486 1/10/2007 Hello