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HomeMy WebLinkAbout20011123.tiff RESOLUTION 05� RE: APPROVE CANCELLATION AND RELEASE OF COLLATERAL FOR WYNJA VISTA, LLLP -WYNJA 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 April 7, 2000, the Department of Planning Services did approve the application of Wynja Vista, LLLP, do David and Sandra Wynja, 1531 Skyway Drive, Unit A, Longmont, Colorado, 80504, for Site Plan Review, SPR#318, on the following described real estate, to wit: Lot 10, Block 2, Vista Commercial Center, Filing 1; located in part of the N1/2 of Section 8, Township 2 North, Range 68 West of the 6th P.M., Weld County, Colorado WHEREAS, on June 5, 2000, the Board of County Commissioner of Weld County, Colorado, did approve Improvements Agreement for Private Parking and Landscaping Improvements for Wynja Vista, LLLP, between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Wynja Vista, LLLP, c/o David and Sandra Wynja with terms and conditions being as stated in said agreement, and accepted Irrevocable Standby Letter of Credit#153, drawn on the Community First National Bank, 1610 Hover Road, Longmont, Colorado 80501, in the amount of$88,563.00, and WHEREAS, staff from the Weld County Department of Public Works has conducted a visual inspection and recommends release of said collateral. WHEREAS, it has been determined by the Board that the collateral being held by Weld County is no longer necessary to secure said Improvements Agreement for Private Parking and Landscaping Improvements for Wynja Vista, LLLP, and NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Irrevocable Standby Letter of Credit#153, drawn on the Community First National Bank, 1610 Hover Road, Longmont, Colorado 80501, in the amount of$88,563.00, 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. 1111111IIIII111111111111III thin ��� 11111 ���� 1111 2848052 05/11/2001 03:1412 JA Suki Tsukamoto 2001-1123 1 of 2 R 0.00 D 0.00 Weld County CO PL1420 CANCEL COLLATERAL -WYNJA VISTA, LLLP, CIO DAVID AND SANDRA WYNJA PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 25th day of April, A.D., 2001. BOARD OF COUNTY COMMISSIONERS don3/4` WELD CO TY, COLORADO ATTEST: Lay / %� �I _Az%U M. J. Geile, Chair Weld County Clerk to th-E.Wli of( ; 10 �.. Pictl .�iLikd Glenn Vaad, Pro-Tem BY: Y-171124-L, 74t, Deputy Clerk to the Boar. alo. II Willi . Jerke , ),PPROV AST F M: C.3 David . Lon oJnty Attorn y Robert D. Masden 111111111111111111/ 11111 III till 11111 111 111 IIII IIII 2001-1123 PL1420 2848052 05/11/2001 03:14P JA Suki Tsukamoto 2 of 2 R 0.00 D 0.00 Weld County CO MEMORANDUM ft,tr. April 18, 2001 loftTo: Board of County Commissioners COLORADO From: Chris Gathman, Planner 6 .i. Subject: Release of Collateral for SPR-318 (Wynja Vista) On February 21, 2001 we received a request for release of collateral for Wynja Vista, Case SPR-318, in the amount of Eighty-Eight Thousand Five-Hundred Sixty-Three dollars ($88,563.00). After review of the request, it has been determined that the agreement has been successfully completed, and the Department of Planning Services recommends the full release of collateral. ILA-Q-11 &Ai 2001-1123 SERVICE,TEAMWORK,INTEGRITY,QUALITY ^L- ' to MEMORANDUM oe, TO: Chris Gathman, Planner I DATE: March 12, 2001 FROM: Donald Carroll, Engineering Administrator it COLORADO d County PLnning lie SUBJECT: SPR-318, Wynja Vista LLLPpt Release of Collateral 21,11) RECERat,' ED At the request of Planning Services and the applicant, an inspection of the site was performed. The Weld County Public Works Department recommends the release of the transportation collateral for the private parking lot area, which consists of concrete paving, curb, gutter, and sidewalks. All other non-transportation items shall be verified by Planning Services prior to release. pc: Julie Chester, Lead Planner Carol Harding, CTB SPR-318 plan18SPr.wpd - f la- EXHIBIT 'A' 5 WYNJA BUILDING SITE PLAN IMPROVEMENTS COST ESTIMATEtfi $ 72 000.00 / Private Parking Improvement Costs $ 16 563.00 Private Landscaping Improvement Costs TOTAL ESTIMATED COST OF IMPROVEMENTS $ 88 563.00 The above improvements shall be constructed in accordance with the approved plans and specifications prepared by J.W. MILLER ASSOCIATES, 203 South Main Street, Suite D, Longmont, Colorado 80501. Said improvements shall be completed according to the construction schedule set forth in Exhibit WYNJA VISTA, LLLP David H. Wynja, Gen. Ptr. Sandra A. Wynja, Gen. Ptr. Date: , 2000 -1- RECEIVED ‘10:4 MEMORANDUM MAR 0882001 W5`P . WELD COUNTY TO: Don Carroll PUBLIC WORKS DEPT COLORADO FROM: Chris Gathman C. SUBJECT: Release of Credit for SPR-318 (Wynja Vista LLLP) * Here is the release of collateral letter that you requested. I have not been able to make it over to the site to make sure if all of the improvements are taken care of. Let me know if you have been to the site. SERVICE.TEAMWORK,INTEGRITY,QUALITY Wynja Vista LLLP 1531 Skyway Dr. Unit A Longmont, Co. 80504 303-772-2123 ',/eid County Pini;ing Dept February 19, 2001 2 tO W L ixu Weld County, Colorado Department of Planning Services 1555 N. 17th Ave Greeley, Co 80631 Subject: Release of Letter of Credit for the parking lot and landscape of Wynja Building Lot 10, Block 2, Vista Commercial Center, Filing 1, Weld County, Colorado. Project No: 9916 Address: 1567 Skyway Dr. Longmont Co. 80504. Dear Weld County Planning Department; I am requesting the release of the Letter of Credit established to insure the completion of the parking lot and landscaping at the above address. The parking lot and landscaping are now complete. I am enclosing a copy of the Standby Letter of Credit from Community First Bank in Longmont. We need to have this taken care of before we can convert to our permanent loan. Thank you for your cooperation. Sincerely, aAin Sandra A. Wynja General Partner Hello