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HomeMy WebLinkAbout891309.tiff • • RESOLUTION RE: ACCEPT CERTAIN ROADS IN PARKLAND ESTATES FOR PARTIAL MAINTENANCE 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, the Board of County Commissioners and The Parkland Homeowners Association, Inc. , entered into an Agreement, pursuant to the policy on collateral for subdivision improvements dated October 17, 1984 , wherein The Parkland Homeowners Association, Inc. , agreed to upgrade several streets and cul-de-sacs in Parkland Estates Subdivision, including Anne Place, Sylvia Lane, Barbara Circle, Doris Circle, Betty Place, Beverly Lane, Bonnie Circle, Della Court, Edie Place, Cathy Lane, Sandy Circle, and Clemma Court, and WHEREAS, said streets and cul-de-sacs are located within the Parkland Estates Subdivision, which is situated in the N} , Section 5, Township 1 North, Range 68 West of the 6th P.M. , Weld County, Colorado, and WHEREAS, the Weld County Engineering Department has certified that said improvements to Parkland Estates meet County standards for the purpose of acceptance for partial maintenance. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the following streets and cul-de-sacs, known as Anne Place, Sylvia Lane, Barbara Circle, Doris Circle, Betty Place, Beverly Lane, Bonnie Circle, Della Court, Edie Place, Cathy Lane, Sandy Circle, and Clemma Court, located in Parkland Estates Subdivision, Weld County, Colorado, be, and hereby are, accepted for partial maintenance as public roads by the County of Weld, which partial maintenance may included snow removal but shall exclude any repairs to the streets and cul-de-sacs, including the roadway, shoulders, or drainage ditches . BE IT FURTHER RESOLVED by the Board that no sooner than nine months after acceptance for partial maintenance of streets and cul-de-sacs, the County Engineer shall , upon request by the applicant, inspect the subject streets and cul-de-sacs and notify the applicant of any deficiencies; the County Engineer shall reinspect the streets and cul-de-sacs after notification from the r HJ7 Y �� 891309 = /eke,, I Page 2 RE: PARTIAL MAINTENANCE - PARKLAND ESTATES SUBDIVISION applicant that any deficiencies have been corrected. If the County Engineer finds that the streets and cul-de-sacs are constructed according to County standards, he shall recommend acceptance of the streets and cul-de-sacs for full maintenance. Upon receipt of a positive unqualified recommendation from the County Engineer for acceptance of said streets and cul-de-sacs, the Board of County Commissioners shall accept said streets and cul-de-sacs as public facilities and County property, and shall be responsible for the full maintenance of said streets and cul-de-sacs including repair. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 18th day of December, A.D. , 1989 . . , BOARD OF COUNTY COMMISSIONERS ATTEST: �'wwte IJ WELD COUNTY, COLORADO Weld County C erk and Recorder r�//, and Clerk to the Board C. kir y, C irman EXCUSED DATE OF SIGNING - AYE BY: Gene R. Brantner, Pro-Tem Deputycounty C erk / APPROVED AS TO FORM: Constance L. bert eorge e edy E ' , County Attorney Gord acy 891309 mEmORAnDum h Bruce Barker, WilkAssistant County Attorney December 6, 1989 To Donald Carroll, Administrative Manager Ip COLORADO From Paving Parkland Estates, Remaining Roadway/tiu1-de-sac Subject: Work was started November 13, 1989 with grading and staking of the roadway and cul-de-sac. Five inches of base was placed and compacted, along with final shaping, basing, and recompacting ahead of the paver. The roadway and cul-de-sac received 2" of Grading EX 1/2" asphalt mix over 5" of A.B.C. Class 6 base, 24' wide with 40' radius cul-de-sac. Weld County and Empire Laboratories provided field density and asphalt compaction using nuclear gauges. Paving was completed December 4, 1989. Four foot finish shouldering is being done today to complete the project. The Weld County Engineering Department has certified that said improvements to Parkland Estates meet County standards for the purpose of acceptance for partial maintenance. • DC/mw:mwmpe cc: Commissioner Lacy Subdivision File - Parkland Estates 891309 � d RESOLUTION RE: ACCEPT 1 .02 MILES OF RUE DE TRUST, BETWEEN WELD COUNTY ROADS 3 AND 5 IN PARKLAND ESTATES SUBDIVISION, FOR FULL MAINTENANCE 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 , the Engineering Department has recommended that the Board accept 1 .02 miles of Rue De Trust, between Weld County Roads 3 and 5 in Parkland Estates Subdivision, for full maintenance, and WHEREAS, after study and review, the Board deems it advisable to accept said portion of Rue De Trust for full maintenance. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the 1 .02 miles of Rue De Trust, between Weld County Roads 3 and 5 , in Parkland Estates Subdivision be, and hereby are , accepted for maintenance by Weld County, Colorado. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 14th day of December, A.D. , 1988 . t— n C.2BOARD OF COUNTY COMMISSIONERS ATTEST: f % ?t.�'� ontk?tom,; WEL NTY, COLORADO A r Weld County Clerk and Recorder //i0L and Clerk to the Board ene R. Brantne , Chairman 1/2 BY: .Cjjt//. -CZ& C. ^ ` Kirby, Pr•.-Tem Deputy Coun y flierk APPROVED AS TO FORM: ac:uel a Jo n •on EXCUSED Gordon E. Lacy County Attorney -%Ots . 4-0-8 Frank Yamaguchi 891309 / : c . 881189 Y • DEPARTMENT OF ENGINEERIP { PHONE(303)356-41 rt\ P.O.BOX', TTtoit440.` GREELEY,COLORADO 80! J COLORADO September 22 , 1987 Mark Williams Parkland Homeowners Association 4732 Sylvia Lane Erie, CO 80516 RE: Acceptance by the Weld County Engineer of Rue-de-Trust Avenue for Partial Maintenance by Weld County, Colorado. Dear Mr. Williams: It is my understanding that Rue-de-Trust Avenue in the Parkland Estates Subdivision was paved on October 24 , 1986 . The paving of Rue-de-Trust was completed in accordance with the October 17 , 1984 , Addendum to the original Subdivision Agreement. Please note that paragraph 5 .3 of the original Subdivision Agreement required the Subdivider to request in writing that the Weld County Engineer inspect the completed streets and accept them for partial maintenance by Weld County. Paragraph 5 . 3 goes on to say that nine months after the initial acceptance, the County Engineer then inspects the subject streets and notifies the Subdivider of any deficiencies. If the County Engineer finds that the streets are constructed in accordance with County standards, he then recommends the acceptance of the streets for full maintenance to the Board of County Commissioners of Weld County. Please also note that the second paragraph on page 3 of the Security and Escrow Agreement between the Parkland Homeowners Association, Inc. , and the County of Weld, states the following: "At such time as there is furnished to the County a written certification from licensed consulting engineers showing that Parkland has completed a phase of the asphalt paving as required by the Subdivision Agreement, as amended, the County shall accept the completed phase for partial maintenance as set forth in Section 5 . 3 of the Subdivision Agreement. " 891309 • A copy of Section 5 .3 of the original Subdivision Agreement and a copy of the Security and Escrow Agreement are attached hereto. To date, I have received neither the writing as required by Section 5.3 of the original Subdivision Agreement, nor the written certification from licensed consulting engineers as required on page 3 of the Security and Escrow Agreement. Please be informed that I will require strict compliance with the sections contained in these documents, and therefore, no partial maintenance of Rue-de-Trust Avenue by Weld County will begin unless and until the required writings are received by this office . Please call me at 356-4000 , extension 4750 , if you should have any questions concerning this letter. 'eTy u Y s, Drew Scheltinga Weld County Engineer DS : ss xc: Tom Ayers , Esq. Clanahan, Tanner, Downing & Knowlton Attorneys at Law 1655 Grant Street Denver, CO 80203 Bruce T. Barker Assistant Weld County Attorney 891309 5.3 Acceptance for Partial Maintenance: Upon the completion of the construction of streets within a subdivision according to Weld County Specifications, the Subdivider shall request in writing that the County Engineer inspect said streets and accept them for partial maintenance by the County. Partial maintenance consists of all maintenance except for actual repair of streets, curbs • and gutters and related street improvements. The County Engineer shall accept streets for partial maintenance for a period of one year. Nine months after initial acceptance, the County Engineer shall inspect the subject streets, and notify the Subdivider of any deficiencies. The County Engineer shall reinspect the streets after notif- ication from the Subdivider that any deficiencies have been corrected. If the County Engineer finds that the streets are constructed according to County standards, he shall recommend the acceptance of the streets for full maintenance to the Board of County Commissioners. 5.4 Acceptance of Streets for Full Maintenance: Upon receipt of a recommendation from the County Engineer for acceptance of streets. within the subdivision, the Board • of County Commissioners shall accept such streets as public facilities and County Property, and shall be responsible for .the full maintenance of such streets including repair. 6. In addition to those items of work shown either on the final working drawings/specifications , or on the final plat or on the final Unit Development Plans Subdivider shall cause the following matters to 8391309 be completed as an integral part of the improvements to be installe and !ters and related street imprWements. The County Engineer shall accept streets for partial maintenance for a period of one year. Nine months after initial acceptance, the County Engineer shall inspect the subject streets, and notify the Subdivider of any deficiencies. The • County Engineer shall reinspect the streets after notif- ication from the Subdivider that any deficiencies have been corrected. If the County Engineer finds that the streets are constructed according to County standards , • he shall recommend the acceptance of the streets for full maintenance to the Board of County Commissioners. 5.4 Acceptance of Streets for Full Maintenance: Upon receipt of a recommendation from the County Engineer for acceptance of streets. within the subdivision, the Board of County Commissioners shall accept such streets as • public facilities and County Property, and shall be responsible for .the full maintenance of such streets • including repair. 6. In addition to those items of work shown either on the final working drawings/specifications , or on the final plat or on the final Unit Development Plans Subdivider shall cause the following matters to be completed as an integral part of the improvements to be installed at Subdivider's cost: 6.1 The Erie Coal Creek Ditch shall be fenced on both sides with a six foot chain link fence to be completed before the issuance of any building permits , and shall include two gates at each end located:at County Road 3 and County Road 12.0 • 891309 -4- litCURITY AND ESCROW AGREEMENT r0 o0 - 0 � 0 0 ❑ THIS SECURITY AND ESCROW AGREEMENT is made and entered into a ow 0 3 this 17th day of October, 1984, by and between THE PARKLAND c zHOMEOWNERS ASSOCIATION, INC. , a Colorado corporation (hereinafter 0 x called "Parkland") , and COUNTY OF WELD, STATE OF COLORADO, by and (N : w through its Commissioners (hereinafter called the "County") . � x a RECITALS w as co U 1 . Contemporaneously herewith, the County and Parkland nz w have entered into that certain Assumption of Subdivision -+ F .� a Agreement whereby Parkland has agreed to assume and perform the VD w obligations of Parkland Estates , Inc. , a Colorado corporation, 0 CD z my under that certain Subdivision Agreement dated September 19 , -- a 1977 , amended by Addendum recorded October 11, 1978 in Book 847 < z as Reception No. 1769379 ; Addendum recorded March 5 , 1979 in Book mcc CID 861 as Reception No. 1783448 ; Amendment to Deed of Trust recorded February 25 , 1980 in Book 896 as Reception No. 1817852; Amendment to Deed of Trust recorded May 6, 1982 in Book 967 as Reception No. 1890825; and Escrow Agreement recorded July 11, 1983 in Book 1001 as Reception No. 1933092 (hereinafter, the "Subdivision Agreement") , providing for, among other things, the construction of certain paved roads within the Parkland Estates Subdivision, Weld County, Colorado. 2 . Pursuant to paragraph 7 of the September 19 , 1977, Subdivision Agreement, As Amended, the County has the right, from time to time, to request a security interest in collateral to 891309 o secure the performance of the obligations uncier the Subdivision •' O Agreement. io o 3 . As a condition to approval of that certain Addendum to ❑ w the Subdivision Agreement dated October 17 , 1984 , and as a iw condition to approval of the .Assumption of Subdivision Agreement, the County has required that certain security hereinafter set o forth be received by it to insure completion of of the work to be o performed under the Subdivision Agreement. ✓ a WHEREFORE, in consideration of the mutual covenants bU a z hereinafter set forth the parties agree as follows: ti H '' F 1 . Parkland is the owner in fee of the real estate -4m described in that Deed of Trust for the County' s benefit attached ▪ w • w hereto as Exhibit "A" and by reference made a part hereof. mz rn z Contemporaneously with the execution of this Agreement, Parkland m a shall execute and deliver to the County said First Deed of Trust E • a+ in the amount of TWO HUNDRED FORTY-TWO THOUSAND FIVE HUNDRED o c CO FOURTEEN AND NO/100ths DOLLARS ($242, 514 . 00) to be held by the m w County as security for Parkland' s performance of the remainder of the work to be performed under the Subdivision Agreement as amended. Parkland agrees that the "net sale proceeds" received from the sale of each lot described in Exhibit "A" will be placed in an interest-bearing account to be titled the Parkland Estates Escrow Account. Said Escrow Account shall be opened as soon as practicable after execution of this Agreement and shall require the signature of the Chairman of the Board of County Commissioners and the President of Parkland to accomplish withdrawals. Any minimum deposit to open said Escrow Account -2- 891309 • ' shall be furnished y Parkland. The purpose. the Deed of Trust and Escrow Account will be to assure the County that Parkland , p DU will complete the work required by the Subdivision Agreement as • o amended by Addendum dated October 17 , 1984 . For purposes of this > w Security and Escrow Agreement, "net sale proceeds" shall mean all ) 3 cash paid to Parkland from the sale of each lot shown on Exhibit "A" attached hereto less all ordinary expenses of sale and real Q z estate commissions. Excluded from "net sale proceeds" shall be . 0 any amounts necessary to satisfy any indebtedness incurred by ✓ 4 Parkland Parkland to Frontier Materials , Inc. under that certain agreement o Dz dated August 27 , 1954 , by and between Parkland and Frontier H Materials, Inc. , any taxes attributable to the lot, and Left nand a ✓ ^ Water District connection feca attributable to the lot, if any. J W c44 At such time as there is furnished to the County a written • z h - 4 certification from licensed consulting engineers showing that Parkland has completed a phase of the asphalt paving as required cf ma by the Subdivision Agreement as amended, the County shall accept r : m ^ the completed phase for partial maintenance as set forth in ) w Section 5 . 3 of the Subdivision Agreement. Upon the acceptance of a completed paving phase for partial maintenance, the County may release to Parkland a portion of the aforesaid Escrow Account according to the recommendations of the Weld County Department of Engineer Services. Upon the acceptance of the street for full maintenance as set forth in Section 5. 4 of the Subdivision Agreement, the County shall release to Parkland all funds in the Escrow Account, and the Deed of Trust attached as Exhibit A. -3- 891399 Provided, that if Parkland shall faillto complete the asphalt paving of each phase as required by the October 17, 1984 Addendum to the Subdivision Agreement, then the County may, at r0 0 0 its option, but shall be under no obligation to do so, complete Nr such phase of paving using the whole or any portion of funds in w the Escrow Account for that purpose; and, the County shall also o og o c be entitled, (without being under any obligation to do so) to v} w a foreclose on the aforesaid First Deed of Trust and use the 0 proceeds derived from said foreclosure to complete such work. N CL r-� ' Any work completed by the County shall be done in accordance -. x with plans and specifications heretofore previously approved by cr the County Engineering Department. 2 ti H w If it becomes necessary for the County to complete any of -4r H CC the work contemplated hereunder, the County shall, prior to c w embarking upon completion of such work, give to Parkland, c/o c• z ^ z Mark Williams, 4732 Sylvia Lane, Erie, Colorado 80516 , written notice by Certified Mail, Return Receipt Requested, at least z thirty (30) days in advance of the date on which the County D• o intends to commence completion of such work. During the thirty 4 3 4 (30) day period, if Parkland either commences completion of the work or establishes with the County a reasonable schedule for the completion of such work, (reasonable meaning satisfactory to the County' s engineer) the County shall permit Parkland to complete such work and no demand will be made by the County on the Escrow Account, nor shall any foreclosure as allowed aforesaid be commenced. -4- 8913'19 Any excess proceeds, after use for pavinn by the County of the proceeds in the Escrow Account and those proceeds derived from foreclosure, shall be returned to Parkland. p 2. As additional security for the performance of Phase II U • o of the work required to be performed under the October 17, 1984 U Addendum to the Subdivision Agreement, Parkland also a ) simultaneously herewith delivers to the County an Irrevocable Letter of Credit from the United Bank of Denver, National 3 U Association, in the principal amount of NINETY THOUSAND DOLLARS i ($90 , 000 . 00) . Said Letter of Credit is attached hereto as . a + Exhibit "B" . If Parkland shall fail to complete the asphalt ; paving of Rue De Trust on or before November 1, 1986, then the 0 : ,z-, County may, at its further option, but shall be under no + • w obligation to do so, complete such asphalt paving of Rue De Trust ✓ w by drawing on the Letter of Credit to the extent necessary to Dw Z complete the paving after first having exhausted all available funds in the Escrow Account, and without the necessity of ) a resorting to foreclosure against the properties described in the 'T attached Exhibit "A" for that purpose. If it becomes necessary m for the County to draw upon the Letter of Credit to complete any w of the work contemplated hereunder, the County shall, prior to drawing upon such Letter of Credit, give to Parkland, c/o Mark Williams , 4732 Sylvia Lane, Erie, Colorado 80516, written notice by Certified Mail, Return Receipt requested, at least ten (10) days in advance of the date on which the County intends to draw upon the Letter of Credit. During the ten-day period, after notice is received, if Parkland posts a cash bond with the County -5- 891309 • in an amount equilent to the reasonably anticipated draw on the Letter of Credit as estimated by the County Engineer, then the • County shall refrain from exercising its rights under the Letter r o of Credit and shall resort instead to the cash bond under the • o same terms and conditions as the Letter of Credit. U o 3. The County hereby agrees to subordinate the interest s granted to it by the Deed of Trust attached hereto as Exhibit "A" - N n a to the interest or interests , on a phase by phase basis, given by U Parkland to Frontier Materials, Inc. pursuant to the Agreement N a dated August 27, 1984 , by and between Parkland and Frontier O Materials , Inc. To accomplish the subordination of its ca ci interests , the County agrees to execute a Subordination o z ~ H Agreement, for each phase, in the form attached hereto as ~ E - c Exhibit "C" . c 4 . Upon final acceptance by the County of all the streets a n z required to be paved under the Subdivision Agreement as amended by the Addendum dated October 17, 1984 , the County agrees to • c < release the security granted hereunder for the performance of n cn • m Parkland under the Subdivision Agreement, including any funds cw remaining in Escrow and its Deed of Trust on all remaining unsold lots owned by Parkland within the Subdivision. 5 . This Security and Escrow Agreement is intended to replace and supersede all previous escrows , Deeds of Trusts, and other security agreements between the County and Parkland Associates, Inc. and/or Parkland Estates , Inc. To fulfill this intention, the County agrees to execute the attached Releases of Deed of Trust identified as Exhibits "D" and "E" , as well as the -6- 891339 • savings withdrawal lip for the Escrow Account formerly established at the United Bank of Broomfield, account no. 803062, attached as Exhibit "F" , and any other additional documents - c reasonably required in the future to release all security D U ; o interests previously granted to the County as security for the U performance of the Subdivision Agreement. o a IN WITNESS WHEREOF , the parties have hereunto set their h hands and seals on the date hereinabove first written. a O U C4 BOARD OF COUNTY COMMISSIONERS ▪ w WELD COUNTY, COLORADO W ATTEST.:11-e . c�? `- _ o4.3•1:e. ▪ a • • / `' [JJ :Lt.ti%"? - Chairman ° zy WED TY D flK & RECORDER ` R' BOARD WBY�=�/7fy�����1 4/ co co m z PARKLAND HOMEOWNERS c ASSOCIATION, INC. r u cc a• x By: 9 5 -�{ • .4. President c .-k cw m c.. STATE OF COLORADO ss. COUNTY OF /2f/jt-1 ) c . .....1{f `'for going was subscribed and sworn to before me in the C u 'tole: , State o olorado, tY)is / a day of : , 1484, by �/ .c.:L PY. jiq f PARKLAND HOMEOWNERS ASSOCIATION, INC. - p Jetif.ririD§ my hand and official/seal. Myobmnission expires : ��ot6 ( _ j 'ctary Public JTAJB2 p -7- 89 .3 9 Hello