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HomeMy WebLinkAbout20023171.tiff MEMORANDUM 4tr, TO: Glenn Vaad, Chair, BOCC December 6, 2002 1 FROM: Carol Harding, Office Manager/ Coordinator ? � VIiDc LORA DO SUBJECT: S-611, Schultz First Addition On February 20, 2002,the Board of County Commissioners approved a Minor Subdivision, S-611, for Harlen Schultz. Although the Improvements Agreement and Letter of Credit were submitted to the Department of Planning Services by Mr. Schultz, they were never sent to the Clerk to the Board's office for Board approval and acceptance. The plat was recorded without the Condition of Approval being completed. Mr. Schultz has now requested release of the collateral. Don Carroll has inspected the transportation portion of the items completed and sent a memo to Planning indicating that the items have all been completed to his satisfaction. Since we did not approve the agreement to begin with, and since the collateral has since expired, there technically is no collateral to release. However, the National Bank of Berthoud, who issued the Letter of Credit, needs some indication of cancellation of the Letter of Credit. By signing this memo as-indicated below, you are authorizing the National Bank of Berthoud to cancel Letter of Credit No. 155 for the Schultz First Addition Minor Subdivision. I will then list this item as correspondence on the agenda as an addition to the PL1442 file, so a record of this matter will be included in the records of the Board of County Commissioners. If you have any questions, please let me know. cc: Department of Planning Services • ' i _vim-i.uA /tat ludA &, Of /id/Walk9 APPROVAL FOR CANCELLATION OF LETTER OF CREDIT NO. 155: —441 g Glenn Vaad, and of County Commissioners 2002-3171 411-616--i CL/y 1-/ MEMORANDUM WilkTO: Board of County Commissioners n " COLORADO DATE: November 26, 2002 9 V)< FROM: Kim Ogle, Planner III LJ SUBJECT: Schultz First Subdivision, S-611 Harlen Schultz, Applicant On November 13, 2002 the Department of Planning Services received a memorandum from Don Carroll, Weld County Department of Public Works acting on the request of Harlen Schultz for the release of collateral for the Schultz First Subdivision, Case number S-611. Don Carroll in his memorandum dated November 8, 2002 verified that the following items have been completed: site grading, street grading, street base, roadway culverts, and a street name sign. Mr. Carroll states "All items have been completed to my satisfaction, and I recommend the transportation portion of the Schultz First Subdivision collateral be released." The Department of Planning Services reviewed the non-transportation items associated with the Improvements Agreement to verify that all improvements have been completed. This office is not holding monies against this development, thus defers to the Department of Public Works on the release of collateral. Given that all improvements have been completed to the satisfaction of the Department of Public Works, this office recommends the release of collateral. Weld County Planning Department GREEI FY OFFICE :11>4 NOV 1 3 2002 MEMORANDUM TO: Kim Ogle, Lead Planner DATE: November 8, 2002 FROM: Donald Carroll, Engineering Administrator COLORADO SUBJECT: S-611, Schultz , 151 Filing, Release of Collateral I have received a request from the applicant, Harlen Schultz, developer, requesting the release of collateral for Schultz First Subdivision. During my final site visit, I verified that the following items have been completed: site grading, street grading, street base, roadway culverts, and a street name sign. All items have been completed to my satisfaction, and I recommend the transportation portion of the Schultz First Subdivision collateral be released. This minor subdivision will be privately maintained. All non-transportation items shall be verified by Planning Services prior to release. Pc: S-611 Carol Harding, CTB m:\planning\s-4.doc Weld County Planning Department (it GREELEY OFFICE MEMORANDUMAPR 12 2002 ' RE E I V ,� � E TO: Kim Ogle, Lead Planner DATE: April 9, 2002 C FROM: Donald Carroll, Engineering Administrator COLORADO SUBJECT: S-611; Schultz, 1st Filing I have reviewed the Improvements Agreement According to Policies Regarding Collateral for Improvements (private road maintenance) and the Exhibit A portion. In utilizing the plat drawing, I verified that the lengths, quantities, and estimated construction unit costs are adequate to complete the project. The Weld County Public Works Department recommends acceptance of these estimated construction costs for the project. All non-transportation items should be verified by Planning Services. pc: S-611 file M:\W PFI LES\DON-C\PLAN6S.W PD r, -p 807 MOUNTAIN AVENUE / P.O. BOX 1079 /! 7)11* B E R l H O U ID BERTHOUD. COLORADO 80513 970.532.2676 / METRO 303.573.1051 / FAX 970.532.2257 NATIONAL. 11,A N K CAREY J.SALOMONSON President 970.532.8102 / FAX 970.532.2257 IRREVOCABLE LETTER OF CREDIT NO. 155 September 26, 2001 Board of County Commissioners County of Weld ATTN: Clerk to the Board P. O. Box 758 Greeley, Colorado 80632 RE: Harlen Schultz 139 Weld County Road #46 Berthoud, Colorado 80513 Dear Board Members : We hereby issue our Irrevocable Letter of Credit in your favor for the account of Harlen Schultz, 139 Weld County Road #46 , Berthoud, Colorado 80513 , for a sum not to exceed One Hundred Thirty-Three Thousand Six Hundred Sixty Five and no/100 Dollars ($133 , 665 . 00) . Each draft so drawn must be marked "Drawn under THE BERTHOUD NATIONAL BANK, 807 Mountain Avenue (P. O. Box 1079) , Berthoud, Colorado 80513 , Letter of Credit No. 155 and be accompanied by a "signed statement from the Board of County Commissioners of Weld County, Colorado, stating Harlen Schultz has committed a material breach of the Improvements Agreement According to Policy regarding Lot A of the Amended Recorded Exemption No. 1061-07-3-RE2668 situate in the Southwest Quarter of Section 7 , Township 4 North, Range 68 West of the 6th P.M. , Weld County, Colorado, dated the 3rd day of October, 2001, by and between Harlen Schultz and the Board of County Commissioners of the County of Weld. " The 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 . " 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, THE BERTHOUD NATIONAL BANK, 807 Mountain Avenue (P. O. Box 1079) , Berthoud, Colorado 8O513 . This Letter of Credit will expire on August 1, 2002, at 4 :00 P.M. �+ p 3 l .10ir�C1014 1 ailAIn<a MCC}cc' 1 i4�' / Irrevocable Letter of Credit No. 155 September 25 , 2001 -- Page 2 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 THE BERTHOUD NATIONAL 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 THE BERTHOUD NATIONAL BANK; (b) a statement purportedly signed by an official of the Board of County Commissioners of Weld County, Colorado stating that we have received notice from THE BERTHOUD NATIONAL BANK the Letter of Credit No. 155 will not be renewed and that Harlen Schultz has failed to provide proof of adequate collateral and substitution of this Letter of Credit No. 155; (c) copy of letter from THE BERTHOUD NATIONAL BANK stating non-renewal of Letter of Credit No. 155 and the original Letter of Credit. Following expiration, August 1, 2002 , or upon completion of improvements to the complete satisfaction of the Board of County Commissioners , County of Weld, THE BERTHOUD NATIONAL BANK expects its Letter of Credit #155 to be returned promptly marked "Cancelled. " Your truly, THE ERTHOUD NATIONAL NK George ' e=• Senior ' c- President IMPROVEMENTS AGREEMENT ACCORDING TO POLICY REGARDING COLLATERAL FOR IMPROVEMENTS (PRIVATE ROAD MAINTENANCE) THIS AGREEMENT,made and entered into this 3 day of October , 20 01 ,by and between the County of Weld, State of Colorado, acting through its Board of County Commissioners, hereinafter called "County," and HARLEN SCHULTZ 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 A OF THE AMENDED RECORDED EXEMPTION NO. 1061-07-3-RE2668 SITUATE IN THE SOUTHWEST QUARTER OF SECTION 7, TOWNSHIP 4 NORTH, RANGE 68 WEST OF THE 6th P.M.., WELD COUNTY, COLORADO. • WHEREAS, a Final Subdivision/Planned Unit Development (PUD) plat of said property, to be lnownas SCHULTZ FIRST SUBDIVISION 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 Improvement 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: 1.0 Engineering Services: Applicant shall furnish,at its own expense,all engineering services in connection 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 reference. 1.1 The required engineering services shall be performed by a Professional Engineer and Land Surveyor registered in the State of Colorado, and shall conform to the standards and criteria established by the County for public improvements. 1.2 The required engineering services shall consist of, but not be limited to, surveys, designs,plans and profiles,estimates,construction supervision,and the submission of necessary documents to the County. • 1 Re.bed el:Wddl >I nCTII CTSFORMSNAPRIVATC • 1.3 Applicant shall furnish drawings and cost estimates for roads within the Subdivision or Planned Unit Development to the County for approval prior to the letting of any construction contract. Applicant shall fumish one set of reproducible "as-built" drawings and a final statement of construction cost to the County. 2.0 Rights-of-\Vav 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. 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" which is 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 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 Applicant's expense. 3.4 Applicant shall furnish proof that proper arrangements have been made for the installation of sanitary sewer or septic systems, water, gas, electric and telephone services. 3.5 Said Subdivision or Planned Unit Development improvements shall be completed, 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 extension of the time of completion shown on Exhibit"B"upon application by the Applicant subject to the terms of Section 6 herein. K..I,«I O IroY000I 31nC1 B CT0100.HS,Ar0.1YATE 4.0 Release of Liability: Applicant shall indemnify and hold harmless the County from any and all liability loss and damage County may suffer as a rest]It of all suits, actions or claims of every nature and description caused by, arising from, or on account of said design and 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. (THERE IS NO SECTION 5) - • 6.0 Anoroval of Streets by the County: Upon compliance with the following procedures by the Applicant, streets within a Subdivision or Planned Unit Development may be approved by the County as public roads and will be maintained and repaired by a Homeowners Association or, in its absence, the owners of lots within the Subdivision or Planned Unit Development. 6.1 If desired by the County,portions of street improvements maybe placed in service when completed according.to the schedule shown on Exhibit"B,"but such use and operation shall not constitute an approval of said portions. 6.2 County may,at its option, issue building permits for construction on lots for which street improvements detailed herein have been started but not completed as shown on Exhibit"B,"and may continue to issue building permits so lone as the progress of work on the Subdivision or Planned Unit Development improvements in that phase of the development is satisfactory to the County; and all terms of this Agreement have been faithfully kept by Applicant. 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 its streets and recommend that the Board of County Commissioners partially approve them. Not sooner than nine months after partial approval, 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 or she shall recommend full approval. Upon a receipt of a positive unqualified recommendation from the County Engineer for approval of streets within the development, the Board of County Commissioners shall fully approve said streets as public but with private pay. 3 R,.6.0 01/01/200I >I CI"0 CTO FURHS' ?RJVATC 7.0 General Reouirements 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. 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 improvements shall be completed within one (1) rear after the Final P/at approval(not one year after acceptable collateral is submitted) unless the applicant(s) reauests that this Aereement be renewed at least thirty(30) days prior to its expiration and further provides that cost estimates (or the remnainine improvements are updated and collateral is provided in the amount of One- Hundred percent (100%) or the value of the improvements remainine to be completed. If improvements are not completed and the agreement not renewed within these time 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. 7.2 The applicant may choose to provide for a phased development by means of designating filings of a Planned Unit Development Final Plat or Subdivision Final Plat. The applicant would need only to provide collateral for the improvements in 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 property or the issuance of building permits until collateral is provided or until improvements are in place and approved pursuant to the requirements for a Request for Release of Collateral. 7.3 The applicant intends to develop in accordance with Exhibits "A" and "B." 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 of 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 no:ified of such default. • Kt,kid 01.OLT001 4 I .C I11 CI 0rOR]ISAIRB'ATC 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 unreleased portion of the Letter of Credit shall be equal to a minimum of One-Hundred percent (100%) of the estimated costs of completing the uncompleted portions of the required improvements,based on inspections of the development by the issuer. In no case shall disbursement for a general improvement item exceed the cost estimate in the Improvements Agreement (i.e., streets, sewers, water mains and landscaping, etc.). The issuer of the Letter of Credit will sign the Improvements Agreement aclatowledaing the agreement and its cost estimates. 8.1.5 The Letter of Credit shall specify that fifteen percent (15%) of the total Letter of Credit amount cannot be drawn upon and will remain availableto Weld County until released by Weld County. 8.1.6 The Letter of Credit shall specify that the date of proposed expiration of the Letter of Credit shall be either the date of release by Weld County of the final fifteen percent (15%), or one year from the date of Final Plat approval, 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 of the pending expiration. Said notice shall be sent by certified mail to the Clerk to the Board of County Commissioners. 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. 5 Rolled 01/01.:001 'I.1CT0 CIBFOR ISIAFRI%ATE 8.2.4 A building permit hold shall be placed on the encumbered property. 8.3 Escrow Agreement that provides at least the following: 8.3.1 The cash in escrow is at least equal to One-Hundred percent(I 00%)of the amount specified in the Improvements Agreement. 8.3.2 The escrow agent guarantees that the escrowed funds will be used for improvements as specified in the agreement and for no other purpose and will not release any portion of such funds without prior approval of the Weld County Board of Commissioners. 8.3.3 The escrow agent will be a Federal or state-licensed bank or financial institution. 8.3.4 If Weld County determines there is a default of the Improvements Agreement,the escrow agent,upon request by the County,shall release any remaining escrowed funds to the County. 8.4 A surety bond given by a corporate surety authorized to do business in the State of Colorado in an amount equivalent to One-Hundred percent(100%)of the value of the improvements as specified in the Improvements Agreement. 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 Compliance from an Engineer registered in Colorado that the projector 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 Schedule for minimum materials sampling, testing and inspections found in the Colorado Department of Transportation (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. 6 R,'Ind 01/0V1001 >I:.CTt CTtFORH$,AfRIVATE •i' 9.5 A letter must be submitted from the appropriate Fire Authority indicating the fire hydrants are in place in accordance }vith 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 paragraphs 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 approval of the streets by the County, the applicants) may request release of the collateral for the project or portion of the project by the Board. This action will be taken at a regularly scheduled public meeting of the Board. F 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 this Agreement excluding improvements fully accepted for maintenance by the responsible governmental entity, special district or utility company. 9.9 The warranty collateral shall be released to the applicant upon final approval by the Board of County Commissioners. 10.0 Public Sites and Open Spaces: When the Board of County Commissioners, pursuant to a rezoning, Subdivision or Planned Unit Development,requires the dedication, development and/or reservation of areas or sites other than Subdivision or Planned Unit Development streets and utility easements of a character, extent and location suitable for public use for parks, greenbelts or schools, said actions shall be secured in accordance with one of the following alternatives,or as specified in the Planned Unit Development(PUD)Plan,if any: 10.1 The required acreage as may be determined according to the Weld County Subdivision Regulations shall be dedicated to the County or the appropriate school . district, for 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 according to Chapter 24 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 according to Chapter 24 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. 7 Rohe OllOW1YEl Al'CTB CTUFORVSUPRIYATE IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed on the day and year first above written. �' CHEVq APPLICANT: /Ca-4:21i S ' <i .• •• <,(,`, HARLEN SCHULTZ f 1;4 OTAR as-B--CA b APPLICANT: LP PUBLIC YOB TITLE: Ccc p64 OF CC: el d Subscribed and sworn to before me this 3 day ofr Cr ittet ,20 0 i . My Commission expires: l 1/02U/05Notary Public BOARD OF COUNTY COMMISSIONERS \VELD COUNTY, COLORADO M.J. Geile,Chair Glenn Vaad,Chair Pro-Tern ATTEST: William H.Jerke Weld County Clerk to the Board David E. Long BY: Deputy Clerk to the Board Robert D. Masden APPROVED AS TO FORM: County Attorney • • 8 R.,I..d 01.041001 D I:%R R\CT B/0 0.\I S'a RI V AT[ EXHIBIT"A" Name of Subdivision or PlannedUnitDevelopment: SCHIIT.T7. FIRST SUBDIVISION Filing: Location: SW OUARTER OF SECTION 7. TOWNSHIP 4 NORTH. RANGE 68 WEST OF THE 6TH P.M. 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) Estimated Improvements Unit Cost Construction Cost Site 2radin2 824 C.Y. @ $ 2.20 $ 1.8L280 _ Street eradine 800 C.Y. @ $ 5.00/ C.Y. 4,000.00 Street base 7.555 S.Y. (a S 6.75 17.245.00 Street paving Curbs. nutters. and culverts Sidewalk Storm sewer facilities 1 L.S. @ $ 1,100.00 1,100.00 • Retention oonds Ditch imorovements 1 1..5, @ $99-775 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)* 650 L.F. @ $58.94/ F.T. 38,311.00 *M•g;n/Fittings/etc. Fire hydrants * 1 @ S 4.000.00 4,000.00 * Installation and Survey and street monuments and boxes 1 L.S. @ $ 3,850.00 3,850.00 Fees Street lighting Street name signs 1 1S- S 250.00 250.00 Fencing requirements Landscanin2 Park improvements Road culvert 139 L.F. @ S 71.37/ F.T. 9.920.43 *Tn,.l,,,tas Headwalls Grass lined swale and F.E. 's Telephone Gas Electric Water transfer SUB-TOTAL: $ 114,264.23 CONTINGENCY 11,400.00 Engineering and Supervision Costs S 4,000.00 (Testing, inspection, as-built plans and work in addition to preliminary and final plat; supervision of actual construction by contractors) $ 4,000.00 TOTAL ESTIMATED COST OF IMPROVEMENTS AND SUPERVISION S 133.664.23 C.Y. - CUBIC YARD S.Y. - SQUARE YARD L.S. — LUMP SUM 9 Ito Lied oimu=ooi L.F. - LINEAR FEET - - > CT ..cT9ro0.,BUHAYATt F.E. - FLARED END SECTION , The above improvements shall be cons..acted in accordance with all County require!. .ts and specifications, and conformance with this provision shall be determined solely by Weld County,or its duly authorized agent. Said improvements shall be completed according to the construction schedule set out in Exhibit"B." Applicant r Applicant O Cc p(-"/t Date: /O/3 ,20 0/ . Title (If corporation,to be signed by President and attested to by Secretary,together with corporate seal.) • • • • 10 linked olm J2*0I >I'flU'CT6VO0.'lS rRIYAT[ . EXHIBIT"B" Name of Subdivision or Planned Unit Development: SCHULTZ FIRST SUBDIVISION Filing: Location: SW 011ARTER OF SECTION 7. TOWNSHIP 4 NORTH. RANGE 68 WEST OF THE 6TH P.M. Intending to be legally bound, the undersigned Applicant hereby agrees to provide throughout this Subdivision or Planned Unit Development the following improvements. All improvements shall be completed within TWO (2) 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 2 WEEKS 10 DAYS Street base 1 WEEK 5 DAYS Street paving Curbs. gutters. and culverts Sidewalk Storm sewer facilities 2 WEEKS 10 DAYS Retention ponds Ditch improvements R WEEKS to DAYS Subsurface drainage Sanitary sewers . Trunk and forced lines Mains Laterals(house connected) On-site sewage facilities On-site water supply and storage Water mains 9 WEEKS in DAYS Fire hydrants 3 DAYS 3 DAYS Survey and street monuments and boxes 1 WEEK S Toys Street lighting Street name signs 1 DAY 1 DAY • Fencing requirements Landscaping Park improvements Road culvert 2 WEEKS 10 DAYS Grass lined swale Telephone 1 LIARS( 5 DAYS Gas Electric 1 WEEK 5 DAYS Water Transfer 1 WEEK S DAYS SUB-TOTAL: 27 WEEKS 109 DAYS 1 I R..Wd 01/01/2001.i:ICTB'.CTBrORtl;UrRIVATE . • •'The Cdunty,at its option,and upon th^equest of the Applicant,may grant an exte•Thn of time for completion for any particular improve nts shown above,upon a showing by the, • rlicant that the above schedule cannot be met. Y B ic�� •Z/O.---,eur— APPI . • Applicant Date: /a/3 ,20 a/ . Title (If corporation,to be signed by President and attested to by Secretary,together with corporate seal.) 12 Revised 01/0/0001NIACTII'CTOfORHAAIRIYATE Hello