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HomeMy WebLinkAbout20030021.tiff RESOLUTION RE: APPROVE DISBURSEMENT CERTIFICATE FROM ESCROW AGREEMENT #13685400, DATED AUGUST 30, 2002, AND AUTHORIZE CHAIR TO SIGN - ROCKY MOUNTAIN ENERGY CENTER, LLC, C/O CALPINE CORPORATION 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 August 21, 2002, the Board approved the following Resolutions with terms and conditions being as stated in said agreements: 1) #2002-2288, Improvements Agreement (Public Road Improvements) 2) #2002-2285, Agreement Regarding Weld County Road 51/Burlington Northern and Santa Fe Railway Crossing 3) #2002-2287, Road Maintenance Agreement for Weld County Road 51 south of 1-76 Frontage Road and north of Highway 52, and WHEREAS, pursuant to said agreements, the Board approved three Escrow Agreements between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, Rocky Mountain Energy Center, LLC, and Wells Fargo Bank West, National Association, for project fees, charges, and expenses, and WHEREAS, the Department of Public Works has presented the Board with two invoices requiring a Disbursement Certificate, in the total amount of$18,825.00, from Escrow Agreement#13685400, dated August 30, 2002, and WHEREAS, the Board deems it advisable to authorize the Chair to sign said Disbursement Certificate, upon the recommendation of the Department of Public Works, related to said agreements with Rocky Mountain Energy Center, LLC, c/o Calpine Corporation. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Chair be, and hereby is, authorized to sign said Disbursement Certificate, upon the recommendation of the Department of Public Works, related to said agreements with Rocky Mountain Energy Center, LLC, do Calpine Corporation. 2003-0021 PL1582 CC : F'L ten EC C'AJ AUTHORIZE CHAIR TO SIGN DISBURSEMENT CERTIFICATES - ROCKY MOUNTAIN ENERGY CENTER, LLC, C/O CALPINE CORPORATION PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 6th day of January, A.D., 2003. BOARD OF COUNTY COMMISSIONERS �,o / WEL OUNTY, COLORADO ATTEST: ��� 1 vid E. Lo , Ch • Weld County Clerk to th g; VV / h � L.0 tig 'iR bert D. Masden, Pro-Tern BY: Deputy Clerk to the Bo �►` , EXCUSED M. J. Geile O DASTOF : Willia H. Jerke / ufSty`A Lorne /J� �4� Glenn Vaad Date of signature: JO 2003-0021 PL1582 EXHIBIT 1 DISBURSEMENT CERTIFICATE Wells Fargo Bank West,N.A. Escrow Agent Corporate Trust and Escrow Services MAC C7301-024 1740 Broadway Denver, Colorado 80247 RE: Escrow Agreement# 3(A8 sHoo dated Augusta?, 2002 The Board of County Commissioners of Weld County, Colorado ("Board"), acting by and through their authorized representative as identified below, hereby certifies to Wells Fargo Bank West, N.A. ("Escrow Agent") and to Rocky Mountain Energy Center, LLC ("RMEC"), as follows: 1. Attached hereto are true and correct copies of invoices dated on or prior to 12/23 , 200?("Invoices") evidencing costs and expenses incurred by the Board in connection with the performance of its obligations with respect to the grading and/or paving of a certain portion of Weld County Road 51 which is south of the Interstate 76. frontage road, as set forth in that certain agreement entitled "Improvements Agreement (Public Road Improvements)" between the Board and RMEC dated August 13, 2002 ("Agreement"). 2. The amount owed to the Board on account of such Invoices is $ 18,825.00 ("Invoice Amount"), and the Board is entitled, pursuant to the terms of the Agreement, to have such amount disbursed to it by the Escrow Agent from the Escrowed Property. (2002-2288) 3. The Board requests the Escrow Agent to disburse to it from the Escrowed Property an amount equal to the Invoice Amount in the form of a wire transfer payable to: Wells Fargo Bank West, National Association, Weld County Treasury Collections Clearing Account, Account#4428004375, ABA # 102000076. Dated: January 6 , 200 3 Board of County Commissioners Weld ty, Color do By: Name: Dav'. _ • . Title: Cha (01 0. 0 Attest: .,..9...:..�� :a�.r.L F "a` bte Deputy Clerk to th.{ :..P: % trAl ,QL&3 LY,t F oczsLi9 Due Date Document 0 PICKETT ENGINEERING, INC. Account # - 808 8th Street, Greeley, CO 80631 Keyed By/ Extenslan Elate Phone: 970-356-6362 Mail±M34Iwithandeaute—Returnto t — Authorized By INVOICE Wayne Howard Invoice #: 02-062-1 Weld County Public Works Invoice Date: 12/23/2002 1111 H Street Due Date: 1/9/2003 Greeley, CO 80631 Re: Weld County Road 51 Design Engineering Services through: December 14, 2002 Contract Percent Previously Current Total Contract Description Amount Complete Invoiced Invoice to Date Balance Survey 18760.00 75% 0.00 14070.00 14070.00 4690.00 Pavement Design 5000.00 0% 0.00 0.00 0.00 5000.00 Preliminary Engineering 21900.00 20% 0.00 4380.00 4380.00 17520.00 Final Engineering 14600.00 0% 0.00 0.00 0.00 14600.00 Project Management 3500.00 5% 0.00 175.00 175.00 3325.00 'TOTALS 63760.00 0.00 18625.00 18625.00 45135.001 Current Charges: $ 18,625.00 Late Fees: $ - Invoice Total: $ 18,625.00 Account Summary Current 31-60 61-90 >90 Total Due $18,625.00 $0.00 $0.00 $0.00 $18,625.00 Federal ID 84-1481837 Jae II* ld/da/°2 Thank you for your business! e i 1_s, T y 3 Invoicing is considered accepted unless challenged it wrrlt=within 14 days from the date of Invoice. A late payment fee of 1 1/2%per month(18%annum)will be charged on all accounts due over 30 days. Payments on accounts in default shall first be applied to any late payment fee owed. Please include Invoice # on all remittances. INVOICE 334255 SOLD TO 1 SHIP TO 1 .- fl ��/P.r� �ourtGy 4�§ lk��cc Ir �'n «nS ADDRESS p ���/� II��SOX. (1,c) °�,I/� /`('`'���; /) ADDR JD+I (ll��LJ1/IjM co I' `� �j CITY,STATIJ (1 V l to ti2Aa CITY,$ EZI n-to Ld Co BO J 3 CUSTOMER ORDER NO. SOLD BY TERMS (L_{�/ Jn�'JF.O.B. DATE ORDERED SHIPPED DESCRIPTION PRIM 4 1 5 51 -Prom kwH . a rn,P i to mY Ck 2 eA v Arm ,t # - Jlilto - 03?9' ' 6/ad Kaved •y t8I1811O Dets a.--5840.. MEMORANDUM t.. CTO: Clerk to the Board DATE: December 30, 2002 • COLORADO FROM: Frank B. Hempen, Jr., Director of Public Works/County Engineer SUBJECT: Agenda Item 11‘((kk...- Please submit the enclosed item for the Board's next agenda: Request a Resolution authorization for Chair to sign all future Disbursement Certificates submitted for the following Board approved Resolutions/Agreements. Future Disbursement Certificates will be submitted for Chair's signature only. • Rocky Mountain Energy Center, LLC, c/o Calpine Corporation, Improvements Agreement (Public Road Improvements) (Document No. 2002-2288) Submitted to date: Disbursement Certificate from Escrow Agreement#13685400 dated August 30, 2002: Invoice No. 02-062-1, Pickett Engineering, $18,625.00 Invoice No. 334255, Darcy Tiglas, 200.00 Total Disbursement Certificate: $18,825.00 • Rocky Mountain Energy Center, LLC, c/o Calpine Corporation, Maintenance Agreement for WCR 51/Burlington Northern and Santa Fe Railway Crossing (Document No. 2002-2285) • Rocky Mountain Energy Center, LLC, c/o Calpine Corporation, Agreement for WCR 51 south of I-76 Frontage Road and north of Highway 52 (Document No. 2002-2287) The appropriate documentation is attached. Enclosures pc: Wayne Howard, Project Manager Jeff Jerome, Operations Division Manager Mona Weidenkeller M:\WPFILES\Francle\AGENDA.wpd 2003-0021 Hello