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Home My WebLink About20031996.tiff RESOLUTION 611 RE: APPROVE CANCELLATION AND RELEASE OF COLLATERAL FOR AMENDED SITE PLAN REVIEW, SPR#99 - MOBILE HOME SERVICES 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 October 1, 2002, the Department of Planning Services staff approved the application of Mobile Home Services, 135130 Weld County Road 16, Fort Lupton, Colorado 80621, for an amended Site Plan Review, SPR#99, for a Facility for Storage and Wholesale Sales of Mobile Homes on the following described real estate, to wit: Lot B of Recorded Exemption #296, being part of the NW1/4 of Section 32, Township 2 North, Range 66 West of the 6th P.M., Weld County, Colorado, and WHEREAS, on November 20, 2002, the Board of County Commissioner of Weld County, Colorado, approved an Improvements Agreement According to Policy Regarding Collateral for Improvements (Private Road Maintenance), between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Mobile Home Services, with terms and conditions being as stated in said agreement, and accept Irrevocable Letter of Credit#265, drawn on the First National Bank of Strasburg, P.O. Box 536, Strasburg, Colorado 80136, in the amount of $3,695.00, and WHEREAS, staff from the Weld County Department of Public Works has conducted a visual inspection and recommends release of said collateral. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Irrevocable Letter of Credit#265, drawn on the First National Bank of Strasburg, in the amount of$3,695.00 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. 111111111111111111111111111111111111011111111111111111 2003-1996 3098577 08/22/2003 11:12A Weld County, CO PL1638 1 of 2 R 0.00 0 0.00 Steve Moreno Clerk 8 Recorder cc t pup, PC._ PP., CANCEL COLLATERAL - MOBILE HOME SERVICES PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 4th day of August, A.D., 2003. BOARD OF COUNTY COMMISSIONERS �� WEIUNTY, COLORADO ATTEST: 1� Od��'a/�G /6t7Ner vid E. Lon , Chair Weld County Clerk to the Board Robert D. sden, Pro-Tern r �0� lerk to the Board !� eile ►1861 TO Fey' c: William H. Jerke n tom y �� Qe312-,a Glenn Vaad Date of signature: 1—frS o3 11111111111 1111 1111111 I I 1111 111I I11111111111111 3098577 08/22/2003 11:12A Weld County, CO 2 of 2 R 0.00 D 0.00 Steve Moreno Clerk& Recorder 2003-1996 PL1638 tt MEMORANDUM IYi`I To: Board of County Commissioners July 25, 2003 COLORADO From: Chris Gathman, Planner Subject: Release of Collateral in the form of a Letter of Credit for AMSPR-99 (Mobile Home Services) On , November 20, 2002 the Board of County Commissioners accepted an Irrevocable Letter of Credit in the amount of Three Thousand Six Hundred Ninety Five Dollars ($3,695.00) for Amended Site Plan Review 99 (Mobile Home Services). To date the following Off-Site improvements were to be completed: Road Base (recycled asphalt) estimate $ 1,455.00 Landscaping estimate $ 2,045.00 Parking stops/barricades estimate $ 165.00 Total Estimated Cost of Improvements and supervision $ 3,665.00 After review of the site by the Department of Public Works and the Department of Planning Services, it has been determined that the work for Amended Site Plan Review 99 (Mobile Home Services) covered under the Irrevocable letter of credit has been completed, and the Department of Planning Services recommends release of collateral. SERVICE,TEAMWORK,INTEGRITY,QUALITY 2003-1996 Weld County Planning Department GREELEY OFFICE Kia JUL 1 7 2003 pMEMORANDUM RECEIVED ITO: Chris Gathman, Planner II DATE: 7/16/2003 C FROM: Donald Carroll, Engineering Administrator ye COLORADO SUBJEC: AmSPR-99, Mobile Home Services At the request of the applicant and Planning Services, a site visit was completed July 11, 2003, to verify release of collateral for Mobile Home Services. The street base and ten curb stop items have been completed and may be released. These are the only transportation items identified in the Exhibit "A" of the Improvements Agreement. There is a landscaping item identified. I have verified that there is landscaping on site. Planning Services may want to verify if all items have been completed prior to release. The Weld County Public Works Department recommends release of the transportation portion of the Improvements Agreement. pc: Carol Harding, CTB Kim Ogle, Planning Services AmSPR-99 M:\PLANNING\SPR-6.doc 06/24/2003 08:01 303-659-3327 MOBILE HOME SERVICES PAGE 01 Mobile Home Services Inc. Tear Down,Transport,Set Up,Crane Sets 441 ?ante Way•Brighton,CO 90601 3036594550•Fax 303-659-3327 June 24, 2003 To; Chris Guthman This letter is to inform you that Mobile Home Services Inc. has completed all the improvements for Amended Site Plan Review 99-AMSPR 99, located at Ft. Lupton, Colorado, with the exception of the ongoing maintenance plan. At this time, Mobile Home Services Inc. requests that Weld County would release First National Bank from their obligations, (Letter of Credit), associated with the improvements of this property. We can be reached at the phone number above. d':haerank yt&t,a6fri MRS Inc. CLERK TO THE BOARD ID PHONE (970) 336-7215, Ext. 4225 FAX: (970)352-0242 C. GREELEY, COLORADO O632 COLORADO September 8, 2003 MOBILE HOME SERVICES 135130 Weld County Road 16 Fort Lupton, Colorado 80621 RE: Letter of Credit #265 Dear Mr. Terry: Enclosed please find a copyof Resolution#2003-1996 releasing the collateral being held by Weld County for your project. The original letter of credit has been returned to 1st National Bank of Strasburg, P.O. Box 536, Strasburg, Colorado 80136. If you have questions or need additional information, please do not hesitate to contact me at (970) 336-7215, Extension 4217. Very truly yours, /� Carol A. Harding Deputy Clerk to the Board NATI Weld CountyELEY OFFICE Planning Department NATIONAL GRE BANK a N0V 7 2002 RECEIVED IRREVOCABLE LETTER OF CREDIT NO. 265 poi o vo�4 cG�ytitzZ�� October 17, 2002 Lk' ��Board of ATTN: Clerk ttoythe Board Commissioners P O)- Or •. 9e c P.O. Box 758 OP' a a t oat3 Greeley, CO 80632 e tG1 to �� RE: Mobile Home Services GSetl� Dear Clerk: We hereby open our Irrevocable Letter of Credit in your favor for the account of Mobile Home Services, Inc. whose address is 441 Zante Way, Brighton, CO 80601, for a sum not to exceed the aggregate amount of THREE THOUSAND SIX HUNDRED NINETY FIVE AND 00/100 DOLLARS, ($3,695.00). Each draft so drawn must be marked "Drawn under THE FIRST NATIONAL BANK OF STRASBURG, P. O. Box 536, Strasburg, CO 80136, Letter of Credit No. 265 and be accompanied by a "signed statement from the Board of County Commissioner; of Weld County, Colorado stating that Mobile Home Services, Inc. has committed a material breach of the Improvements Agreement According to Policy Regarding collateral for Improvements regarding Agreement dated the 17th day of October 2002 by and between Mobile Home Services, Inc. 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, 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 FIRST NATIONAL BANK OF STRASBURG, P. O. Box 536, Strasburg, CO 80136. This letter of credit will expire on October 17, 2003 at 5:00 P.M. 56540 E.COLFAX AVE. 101 W.CENTENNIAL DR. 538 N.HWY 36 2707 E.BROMLEY LN. 120 S.WILCOX ST. P.O.BOX 536 BENNETT,CO 80102 P.O.BOX 295 P.O.BOX 808 CASTLE ROCK,CO 80104 STRASBURG,CO 80136 303-644-4373 BYERS,CO 80103 BRIGHTON,CO 80601 303-688-2222 303-621-4201 FAX 303-644-3746 303.822.9331 303-637-9797 FM 303814-1456 FM 303-622-9298 FM 303-822-5778 FM 303-637-7408 Page 2 October 17, 2002 Board of County Commissioners 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 FIRST NATIONAL BANK OF STRASBURG 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 FIRST NATIONAL BANK OF STRASBURG; (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 FIRST NATIONAL BANK OF STRASBURG the Letter of Credit No. 265 will not be renewed and that Mobile Home Services, Inc. has failed to provide proof of adequate collateral and substitution of this Letter of Credit No. 265; (c) copy of letter from THE FIRST NATIONAL BANK OF STRASBURG stating non-renewal of Letter of Credit No. 265 and the original letter of credit. Yours truly, THE FIRST NATIONAL BANK OF STRASBURG By Eri arnett ecutive Vice President Hello