HomeMy WebLinkAbout20001368.tiff RESOLUTION
RE: APPROVE IMPROVEMENTS AGREEMENT ACCORDING TO POLICY REGARDING
COLLATERAL FOR IMPROVEMENTS (PRIVATE ROAD MAINTENANCE),
AUTHORIZE CHAIR TO SIGN, AND ACCEPT FORM OF COLLATERAL FOR SITE
PLAN REVIEW, SPR#317 - CANNON PROPERTIES, INC./WESTERN
REFRACTORY, C/O PATRICK CANNON
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 April 7, 2000, the Department of Planning Services staff did approve a
Site Plan, SPR#317, for Cannon Properties, Inc., % Patrick and Ginger Cannon, 4023 Mulligan
Drive, Longmont, Colorado 80504, on the following described real estate, to-wit:
Lot 1, Block 1, Sekich Business Park; located in part of the SW1/4
of Section 23, Township 3 North, Range 68 West of the 6th P.M.,
Weld County, Colorado
WHEREAS, pursuant to certain Conditions of Approval, the Board has been presented
with 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 Cannon Properties, Inc., % Patrick
and Ginger Cannon, with terms and conditions being as stated in said agreement, and
WHEREAS, the Board has been presented with a Notice of Pledge from Norwest
Investment Services, Inc., 201 West 8th Street, Pueblo Colorado 81003-3038, for a Money
Market Account, in the amount of$9,793.36, and
WHEREAS, after review, the Board deems it advisable to approve said agreement and
accept said notice of pledge for a money market accounty as stated above, copies of which are
attached hereto and incorporated herein by reference.
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 (Private Road Maintenance) between the County of Weld, State of
Colorado, by and through the Board of County Commissioners of Weld County, and Cannon
Properties, Inc., % Patrick and Ginger Cannon be, and hereby is, approved.
BE IT FURTHER RESOLVED that a Notice of Pledge from Norwest Investment
Services, Inc., 201 West 8th Street, Pueblo Colorado 81003-3038, for a Money Market
Account, in the amount of$9,793.36, be and hereby is, accepted.
2000-1368
Pa Pt Pin, IFPPL- PL1419
IMPROVEMENTS AGREEMENT - CANNON PROPERTIES, INC. (SPR #317)
PAGE 2
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 5th day of June, A.D., 2000.
BOARD OF COUNTY COMMISSIONERS
WEED COUNTY, COLORADO
yi
ATTEST: Lail ►, � e�, t.✓/� (f }i�4 i�-4iC / //_<<.
1 at Barbara . irkmeyer,'Chair
Weld County Clerk to t J B•- • �✓
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(Q., (((M. Geile, Pro-Tem
BY: 7
Deputy Clerk to th 1 ��. j� r .� (! -'/. .r
221Hall
r Baxter
APPROVE") AS TO F M:
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Glenn Vaadv
2000-1368
PL1419
(f&t t � MEMORANDUM
WCTo: Board of County Commissioners May 31, 2000
COLORADO From: Kim Ogle, Planner •
Subject: Acceptance of Irrevocable Letter of Credit
The Weld County Attorney's office approved the form of an Irrevocable Letter of Credit, May 26,
2000 for Cannon Properties - Western Refractory for the division of land in Sekich Business Park,
case number SPR-317, in the amount of nine thousand one hundred fifty-nine dollars and no/100s
($9,159.00.) The item covered under this letter of credit is for landscaping, fencing and striping of
the existing parking lot.
Further, the applicant has submitted two alternatives in lieu of a Letter of Credit. The first alternative
is a Letter of Guarantee drawn up by Wells Fargo Bank, Pueblo Colorado Office in the amount of
nire thousand one hundred fifty nine dollars and no/100s ($9159.00). The County Attorney's office
is not familar with this form of credit, as it is not one of the five acceptable forms of Improvements
Guarantee.
The second alternative is a Money Market Account held with Norwest Investment Services of
Pueblo, Colorado in the amount of nine thousand seven hundred ninty-three dollar and 36/100s
$ 9793.36). This form of credit appears to meet the intent of Collateral that is acceptable to Weld
County for the Improvements Guarantee for Private Road Maintenance.
The Department of Public Works has reviewed the Improvements Agreement according policies
regarding collateral for Improvements (Private Road Maintenance) and the estimated cost for
painting the parking stripes appears to be adequate for this procedure.
The Department of Planning Services', has determined that the amount of the agreement will be
sufficient to complete the work required for landscaping the existing office and warehouse facility
and recommends acceptance of this Letter (Money Market Account - MMA #017731911).
SERVICE.TEAMWORK,INTEGRITY,QUALITY
2000-1368
Weld County Planning DEL:
4ice .,, MEMORANDUM ,
�D Y 26 200()
411, TO: Kim Ogle, Planner II R/EICSI2V2 50
' Clerk to the Board
FROM: Don Carroll, Engineering Administrator Q►"�/',C. SUBJECT: Lot 1, Block 1, Sekich Business Park
COLORADO
The Weld County Public Works Department has reviewed Exhibit"A"of the Transportation perton
of the Improvements Agreement According Policy Regarding Collateral for Improvements(Pi Iv.ite
Road Maintenance). The unit costs and estimated construction costs for painting the parking sl rip cs
appear to be adequate for this procedure.
The Weld County Public Works Department has no conflict with this portion.
Any additional items not related to the transportation portion shall be verified by Planning Se-‘ ices.
pc: Sekich Business Park
m:\wpfiles\don-c\sekichbus.wpd
J'
Man Norwest Investmenr S ,rvrces, ;1'c
I/III MIUMI SERVICES 201 West Eighth Sire e
INVESTMENT NISI NOTICE OF PLEDGEpueblo, Colorado 81,71'3-3038
N=
II III w 719/583-0123
Date: May 24, 2000
To: Norwest Investments Services, Inc. ("NISI")
From: Board of County Commissioners of Weld County (the County)
RE: Western Refractory Construction, Inc. (the "Pledgor")
For the Benefit of: Cannon Properties, Inc.
NISI account Number 017731911 (the "Account")
Pledge Descriptor Money Market Account
Please be advised that the Pledgor has pledged the following described ("property') to
the County, which Property is maintained in the Account: MMA #017731911 balance as
of 5/24/2000, $9,793.36.
If any of the Property consists of uncertified or book entry securities, a photocopy of th,
related collateral pledge agreement accompanies this Notice of Pledge.
By executing the Acknowledgment below, NISI agrees that until such time as a fully
exeuted Release is received by NISI, it will (I) maintain possession of the Property ori
behalf of the County, (ii) mark its records to show the County's security interest in the
Property, (iii) withhold delivery of any Property to the Pledgor or any other party, and
(iv) deliver the Property to the County upon demand.
Signature -- Board of County Commissioners of Weld County
ACKNOWLEDGMENT:
Date: May 24. 2000
lb: County Commissioners of Weld County
From: NISI
NISI hereby acknowledges receipt of the above Notice of Pledge, and agrees to be bound
by the to thereof.
igil, Investment Represe ative
IMPROVEMENTS AGREEMENT ACCORDING
POLICY REGARDING COLLATERAL FOR IMPROVEMENTS
9O1/1 (PRIVATE ROAD MAINTENANCE)
THIS AGREEMENT,made and entered into this 5th day of June ,20 00 . by and
between the County of Weld, State of Colorado, acting through its Board of County Commissioners,
hereinafter called "County," and Cannon Properties, Inc. 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 1, Block 1, Sekich Business Park
WHEREAS, a Final Subdivision/Planned Unit Development (PUD) plat of said property. to be
knownas Lot 1, Block 1, Sekich Business Park has been submitted to the
County for approval, and
WHEREAS,relevant Weld County Ordinances provide that no Subdivision Final Plat,Planned 1 init
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.
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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 lensing of any
construction contract. Applicant shall furnish one set of reproducible "as-built"
drawings and a final statement of construction cost to the County.
2.0 Rights-of-Way 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 se: 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 tine 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 .esst 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 tar 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.
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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 result of all suits, actions or c:aims 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 experses 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 Count 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 in surance
and public liability insurance coverage,and shall operate in strict accordance with he laws
and regulations of the State of Colorado governing occupational safety and health.
(THERE IS NO SECTION 5)
6.0 Approval 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 may be placed it 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 long 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 ofthe construction of streets within a Subdivision or Plaimed 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.
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7.0 General Requirements 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) year after the
Final Plat approval(not one year after acceptable collateral is submitted unless
the applicant(s) requests that this Agreement be renewed at least thirty L1 days
prior to its expiration and further provides that cost estimates for the remainin
improvements are updated and collateral is provided in the amount of One-
Hundred percent (100%) of the value of the improvements remaining_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 rn:Ide.
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 improvenents 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 notified of such default.
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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 comple:ing 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
acknowledging 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 ava lable to
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 cc 1lateral,
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.1.)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.1.)
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.
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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(100%I 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 project or a port ion
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.
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9.5 A letter must be submitted from the appropriate Fire Authority indicating the fire
hydrants are in place in accordance with 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 applicant(s) 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,
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 approval113. 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 ( ountv
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 rnamtained
by the County or school district.
10.2 The required acreage as determined according to the Weld County Subdivision
Ordinance,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 the Weld County Subdivision Ordinance. 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.
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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed on the
day and year first above written.
Cannon Properties, Inc.
APPLICAN n
Patrick S. Cannon
APPLICANT:
TITLE: President
Subscribed and sworn to before me this I 1 day of (Y\ Ok/ , 20 C.O.My Commission expires: \�1Vt7Jo�
Notary Public
3 /O ( 2- T t• 3
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORA O
/Barbara J. meyer, Chair (06/0(2000)
M. J. eile, Chair Pro-Tem
4\31/4., /017147 • eorg . Ba er
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'VJal u Clerk to the Board
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putt'Clerk to the Board �� .Fnlenn Va/
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APPROVED AS TO FORM: I�j
County Attorney
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EXHIBIT "A"
Name of Subdivision
or Planned Unit Development: Lot 1, Block 1, Sekich Business Park __Filing:
Location: Lot 1, Block 1, Sekich Business Park ---
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 Cos:
Site grading ------
Street grading ---
Street base
Street paving -----
Curbs,gutters.and culverts _-----
Sidewalk
Storm sewer facilities
Retention ponds — ---
Ditch improvements -----
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) _ --
Fire hydrants ----
Survey and street monuments and boxes
Street lighting
Street name signs paint parking stripes $300 300 —_—
Foncingrequirements $12 per foot 6900 —_—
Landscaping varies see attached detail 1,959Park improvements ----
Road culvert
Grass lined swale -----
Telephone
Gas ----
Eiectric
Water transfer ---
SUB-TOTAL: 9,159 —_—
Engineering and Supervision Costs$ 0.00
(Testing, inspection,as-built plans and work in addition to preliminary and final plat; supervision o!.actual
construction by contractors)
TOTAL ESTIMATED COST OF IMPROVEMENTS AND SUPERVISION $ 9,159 I 111111 11111 1111111111111111111111 liii! III 1111111111111 ,�,,,.aas,��
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The above improvements shall be constructed in accordance with all County requirements and specifications,
and conformance with this provision shall be determined solely by Weld County,or its duly authorized agent.
Said improveme tsshall be completed according to the construction schedule set out in Exhibit "13."
Carn.n 0 i .e 'es, I __._4
A / ��' Vim_
Applicant resi.en Patrick S. Cannon
Applicant6Secretary, Ginger Cannon
'Cif1 flC Date: May 24 20 00
Title
(if corporation, to be signed by President and attested to by Secretary, together with corporate seal.
1 111111 11111 1111111 11111 11111 11111 11111 III 111111 III IIII
2774904 06/14/2000 03:59P JA Suki Tsukamoto 10 Revue,03/00
10 of 12 A 0.00 D 0.00 Weld County CO NI ACTH crseoRVsUexnere
EXHIBIT "B"
Name of Subdivision
or Planned Unit Development: Lot 1, Block 1, Sekich Business Park --—_
Filing: --—Location: Lot 1, Block 1, Sekich Business Park
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 1 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 ---
Street base
Street paving
Curbs, gutters,and culverts ----Sidewalk ---Storm sewer facilities ----
Retention ponds
Ditch improvements ----
Subsurface drainage ----
Sanitary sewers -- ----
Trunk and forced lines ----
Mains
Laterals(house connected) ----
On-site sewage facilities ----
On-site water supply and storage ---
Water mains ----
Fire hydrants - ----
Survey and street monuments and boxes
Street lighting - ----
Street name signs May 30. 2001 —_
Fencing requirements May 30, 2001 —_
Landscaping May 30, 2001 —_—�
Park improvements ----
Road culvert ----
Grass lined swale -----
Teephone
Gas --
Electric
Water Transfer
SLB-TOTAL: --
111111111111111111111111111111111111111111111111 Ill III
tc.;,ea 03/0412774904 05/14/2000 03:59P JA Suki Tsukamoto 11 M:VCTB‘C1R FORM MAPRIVATE
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The County, at its option, and upon the request of the Applicant, may grant an extension of time for
completion for any particular improvements shown above, upon a showing by the Applicant that the
above schedule cannot be met.
Cann r -ies,. I �-{
B,y:
App President ,
Patrick S. Cannon
(-74--.12---27
O �
PERT% I ant(
or - Secretary , Ginger Cannon
a ao..
o 't Qv •�E' j�( l� £��- Date: May 24 20 00
I.Oc7 Tfle (/
� ''.2if Cni eerpoIAtion,to be signed by President and attested to by Secretary, together with corporate seal.)
1 111111 11111 11111111111111111 11111 11111 III 111111 III IIII
2774904 06/14/2000 03:59P JA Suki Tsukamoto 12 M:\CfB1C BFORMR1APp vATE
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CLERK TO THE BOARD
PHONE (970)336-7215, Ext. 4225
FAX: (970)352-0242
P. O. BOX 758
Inge
GREELEY, COLORADO 80632
COLORADO
August 8, 2005
Norwest Investment Services, Inc.
201 West Eighth Street
Pueblo, Colorado 81003-3038
RE: Cancellation and release of Collateral - Cannon Properties, Inc., dba Western Refractory,
do Patrick Cannon
To Whom It May Concern:
Attached hereto please find a copy of the Board of County Commissioner's Resolution approving
the cancellation and release of collateral, as referenced above. The original Notice of Pledge for
account#017731911 is enclosed.
If you have questions or need additional information, please do not hesitate to contact me at
(970) 356-4000, Extension 4217.
Very truly yours,
BOARD OF COUNTY COMMISSIONERS
By: /
Carol A. Harding,
Deputy Clerk to the Board
oavo /36g
PLly/7
M►M Norwest Investment Services, Inc.
MINI 201 West Eighth Street
/OMSissi SERVICES INVESTMENT NISI NOTICE OF PLEDGE Pueblo, Colorado 81003-3038
BMWS
®
719/583-0123
Date: May 24, 2000
To: Norwest Investments Services, Inc. ("NISI")
From: Board of County Commissioners of Weld County (the County)
RE: Western Refractory Construction, Inc. (the "Pledgor")
For the Benefit of: Cannon Properties, Inc.
MAY 3 2CC0
NISI account Number 017731911 (the "Account")
Pledge Descriptor Money Market Account
Please be advised that the Pledgor has pledged the following described ("property") to
the County, which Property is maintained in the Account: MMA #017731911 balance as
of 5/24/2000, $9,793.36.
If any of the Property consists of uncertified or book entry securities, a photocopy of the
related collateral pledge agreement accompanies this Notice of Pledge.
By executing the Acknowledgment below, NISI agrees that until such time as a fully
excuted Release is received by NISI, it will (I) maintain possession of the Property on
behalf of the County, (ii) mark its records to show the County's security interest in the
Property, (iii) withhold delivery of any Property to the Pledgor or any other party, and
(iv) deliver the Property to the County upon demand.
Signature -- Board of County Commissioners of Weld County
ACKNOWLEDGMENT: Ill
Date: May 24, 2000
To: County Commissioners of Weld County �fl
/IC
From: NISI
NISI hereby acknowledges receipt of the above Notice of Pledge, and agrees to be bound
by the t thereof.iigil, Investment Represe ative
(‘ •
CLERK TO THE BOARD
PHONE (970)336-7215, Ext. 4225
1 FAX: (970)352-0242
P. O. BOX 758
C. GREELEY, COLORADO 80632
COLORADO
August 8, 2005
Cannon Properties, Inc.
dba Western Refractory
do Patrick Cannon
4023 Mulligan Drive
Longmont, Colorado 80504
RE: Cancellation and release of Collateral
To Whom It May Concern:
Attached hereto please find copies of the Board of County Commissioner's Resolution approving
the cancellation and release of collateral,as referenced above. The original Notice of Pledge was
returned to Norwest Investment Services, Inc., 201 West Eighth Street, Pueblo, Colorado
81003-3038.
If you have questions or need additional information,please do not hesitate to contact me at(970)
356-4000, Extension 4217.
Very truly yours,
BOARD OF COUNTY COMMISSIONERS
By:
Carol A. Har i
Deputy Clerk to the Board
COLLATERAL RELEASED
IN CONJUNCTION WITH
OTHER CASES
SEE #2005-2091
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