HomeMy WebLinkAbout20050349.tiff RESOLUTION
RE: APPROVE IMPROVEMENTS AGREEMENT ACCORDING TO POLICY REGARDING
COLLATERAL FOR IMPROVEMENTS(PUBLIC ROAD MAINTENANCE)AND ACCEPT
FORM OF COLLATERAL FOR PLANNED UNIT DEVELOPMENT FINAL PLAN,S#554,
IDAHO CREEK, PHASE 3 - KB HOME OF COLORADO, INC.
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, a public hearing was held on the 7th day of March, 2001, at 10:00 a.m. for the
purpose of hearing the application of Kent Carlson, P.O. Box 247, Eastlake, Colorado 80614,
requesting a Site Specific Development Plan and Planned Unit Development Final Plan,S#554,for
351 Residential lots in the Mixed Use Development area, and
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 KB Home of Colorado, Inc.,with terms and conditions
being as stated in said agreement, for Idaho Creek, Phase 3, on a parcel of land located on the
following described real estate, to wit:
A part of NW1/4 NE1/4 of Section 10, Township 2 North, Range 68
West of the 6th P.M., Weld County, Colorado, as shown as on the
final plat as Phase 3 of Planned Unit Development Final Plan, S
#554, Idaho Creek, and
WHEREAS,the Board has been presented with Subdivision Bond Number SU401-1134,
from Aon Risk Services, Inc. of Southern California Insurance Services, P. O. Box 54670, Los
Angeles, California 90054-0670, in the amount of$1,296,998.85, and
WHEREAS, after review, the Board deems it advisable to continue said matter to April 4,
2005, at 9:00 a.m., to allow the applicant time to complete outstanding improvements outlined in
Phases 1 and 2 and the Open Space area.
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) Idaho Creek, Phase 3, between the County of Weld,
State of Colorado, by and through the Board of County Commissioners of Weld County, and KB
Home of Colorado, Inc., be, and hereby is, continued to April 4, 2005, at 9:00 a.m.
2005-0349
PL1321
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IMPROVEMENTS AGREEMENT - KB HOME OF COLORADO INC, C/O MARK KINSLEY,
PAGE 2
The above and foregoing Resolution was,on motion duly made and seconded,adopted by
the following vote on the 31st day of January, A.D., 2005.
BOARD OF COUNTY COMMISSIONERS
E1Lzs G//l �IIA/�/J //// WELD COUNTY, COLORADO
( 1861 ft (Y. ?
William H. Jerke, Chair
(21/44 Id Clerk to the Board
Oprev V / EXCUSED
LWCleSeBoartr
M.
DaLon
A O AS TO F
Robert D. Masd�enn1
ounty Attorney swi l
Glenn Vaad _
Date of signature:
2005-0349
PL1321
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