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Home My WebLink About20061327.tiff 252 RESOLUTION RE: APPROVE PARTIAL CANCELLATION AND RELEASE OF COLLATERAL FOR PLANNED UNIT DEVELOPMENT FINAL PLAN,PF#1045-HIGHLANDACQUISITION GROUP, LLC 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 10,2005,the Department of Planning Services staff approved the application of Highland Acquisition Group, LLC, c/o Robert Kelsey, 6297 South Potomac Way, Centennial, Colorado 80111, for a PUD Final Plan, PF #1045 on the following described real estate, to wit: Lot B of Recorded Exemption#3105; being part of the N1/2 NW1/4 of Section 5, Township 1 North, Range 68 West of the 6th P.M.,Weld County,Colorado,and WHEREAS, on August 15, 2005, the Board of County Commissioner of Weld County, Colorado, approved an Improvements Agreement According to Policy Regarding Collateral for Improvements(Public Road Maintenance)for Highland Farms PUD between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Highland Acquisition Group, LLC,with terms and conditions being as stated in said agreement,and accepted check #1273, in the amount of$362,426.55, and WHEREAS, on March 15, 2006, by Resolution #2006-0812, the Board of County Commissioners approved partial release of said collateral of$335,357.95, and WHEREAS,staff from the Weld County Department of Planning Services conducted a visual inspection and recommended partial release of said collateral, in the amount of$8,826.00; retaining $18,242.60 at the request of the Department of Public Works. WHEREAS,upon recommendation of staff, the Board deems it advisable to approve the partial release of said collateral. NOW,THEREFORE,BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that collateral, in the amount of $8,826.00, 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. 111111 1111 11111111111 11111 III 1111111111 1111 V I I I 3393252 06/02/2006 03:44P Weld County, CO 2006-1327 1 of 2 R 0.00 D 0.00 Steve Moreno Clerk& Recorder PL1743 0 PL , IFIC � -o0 o+o CANCEL COLLATERAL - HIGHLAND ACQUISITION GROUP, LLC PAGE 2 The above and foregoing Resolution was,on motion duly made and seconded, adopted by the following vote on the 10th day of May, A.D., 2006. `'i�ARD OF COUNTY COMMISSIONERS �, ► f J" D CO TY, COLORADO ATTEST: Midi (' c � 'm Leile, Chair Weld County Clerk to the Boar\r �1�� USED avid E. L g. Tj�m, BY: �' G 4 q4<-41.e),—. �(ilt�• dr�K+ D uty Clb-k to the Board William H. Jerke \\ APPROVED AS TO FORM: 4 1 11D-- Robert . M asden n IISi—CotlyttyAttotileYGlenn Vaad Date of signature: 517t1/t@ ll%Wit IIIII IIIIII HI III 1111111 III WI It U 3393252 O6/ 44P 2006-1327 2 of 2 R 0.00 D 0.00 Steve Moreno Clerk C:Recorder PL1743 iStar MEMORANDUM wineTO: Board of County Commissioners May 4, 2006 COLORADO FROM: Jacqueline Hatch SUBJECT: PF-1045 — Highland Farms The Department of Planning Services has received the following email from Robert Bulthaup dated April 30, 2006 for PF-1045 (Highlands Farms PUD). The site is located south of and adjacent to State Highway 52 and approximately 1/4 mile east of County Road 3. The applicants original collateral was in the amount of amount of three hundred sixty two thousand, four hundred and twenty six dollars and fifty five cents ($362,426.55) for on-site improvements which was approved by the Board of County Commissioners on August 15, 2005. The applicant was approved for a partial release of collateral on March 15, 2006 in the amount of three hundred and thirty five thousand three hundred and fifty seven dollars and ninety five cents ($335,357.95). The Department of Planning Services and the Department of Public Work retained a total of twenty seven thousand and sixty eight dollars and sixty cents ($27,068.60) for remaining items to be completed on site. The Department of Planning Services has reviewed the site and finds that the improvements have been completed, including the monument sign with surrounding landscaping and additional landscaping per the final plat recorded on August 24, 2005. The Department of Planning Services is requesting that eight thousand, eight hundred and twenty six dollars ($8826.00) be released. Shrubs, perennials, and grass = $3326.00 Monument sign = $5500.00 The Department of Public Works is still retaining 20% of the pavement item in the amount of eighteen thousand two hundred and forty two dollars and sixty cents ($18,242.60) (15% to be held for the pavement warranty and 5% for minor pavement repairs scheduled for the summer of 2006). 2006-1327 Page l of 1 Jacqueline Hatch From: Rob Bulthaup [rob@bulthaup.org] Sent: Sunday, April 30, 2006 12:26 PM To: Jacqueline Hatch Subject: Highland Farms We've got the monument and landscaping done on Highland. Can you see about getting the next phase of the collateral released? Thx. 05/01/2006 rs CLERK TO THE BOARD I PHONE (970) 336-7215, Ext. 4225 WI g FAX: (970) 352-0242 P. O. BOX 758 O GREELEY, COLORADO 80632 COLORADO May 16, 2006 Highland Acquisition Group, LLC do Robert Bulthaup 6297 South Potomac Way Centennial, Colorado 80111 RE: Partial Cancellation and release of Collateral To Whom It May Concern: On May 10, 2006, the Board of County Commissioners approved the partial cancellation and release of collateral for Planned Unit Development Final Plan, PF #1045, in the amount of $8,826.00, as referenced above. Enclosed is the Weld County Warrant, in the amount of $8,826.00. I will forward a copy of the signed Resolution to you as soon as it has been signed by the Board of County Commissioners 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 REMOVE DOCUMENT ALONG THIS PERFORATION + ..._ r....... ... .. . .xe�'..°. . ... ii: PT _ yen. ;":' a.s '„`. I I ' ` r 1 ' 1 ' NiIMBER 3196926 € OO By Order Of The Board Of County Commissioners OUT OF MONIES N THE TREASURY P.O. Box 758 APPNOPR ATED THEREFOR AND Q lc m COLORADO GREELEY, COLORADO CHAROEPBLE LO TAE O (970)356-4000 FAX:(970)352-0242 PAY EXACTLY iN x Q TREASURER $*****8,826.00 LL V OF SAID COUNTY DATE 05/09/06 VOID W NOT CASHED IN W DAYS Wt O Eight Thousand Eight Hundred Twenty Six Dollen And No Cents r--- PAY TO THE ORDER OF /Yiil r • Q HIGHLAND ACQUISTION GROUP,LLC CHAIRM4 RRD O COON.COMM S ONERS 1- C/O ROBERT KELSEY - 6297 SOUTH POTOMAC WAY CENTENNIAL CO 80111 € CLE NOr THEE 4PD mm 03 L969260 I: L02L009Lai: 80L27008480 Hello