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HomeMy WebLinkAbout940636.tiff_ .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. RESOLUTION RE: APPROVE RELEASE OF PORTION OF COLLATERAL IN THE AMOUNT OF $31, 462. 75 FOR SHILOH, INC. (S #354) 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 May 25, 1994, the Board did approve an Improvements Agreement according to Policy Regarding Collateral for Improvements (Private Road Maintenance) with Shiloh, Inc. , concerning property described as a tract of land situated in the SEy of Section 4, Township 6 North, Range 67 West of the 6th P.M. , Weld County, Colorado, and WHEREAS, pursuant to said agreement, Letter of Credit #744, drawn on the First Interstate Bank of Fort Collins, N. A. , P.O. Box 578, Fort Collins, Colorado 80522-0578, in the amount of $292,370.00 was submitted to Weld County, and WHEREAS, James Scott, of Shiloh, Inc. , has presented the Board with a request for partial release of said collateral for the completion of the water main and fire hydrants as per Exhibit C of said agreement, in the amount of $31, 462. 75, and WHEREAS, after study and review and based on the recommendations from the Department of Planning Services and County Attorney staff, the Board deems it advisable to approve said request to release said portion of collateral in the amount of $31,462. 75 to Shiloh, Inc. , and NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that a portion of collateral, in the amount of $31, 462. 75, being held by Letter of Credit #744, drawn on the First Interstate Bank of Fort Collins, N. A. , P.O. Box 578, Fort Collins, Colorado 80522-0578, in the total amount of $292,370.00, be, and hereby is, released. PL0952 940636 (4G )04 , >N146,1, _no)-_0( L) t PL_695_C) 1 RE: CANCEL PORTION OF COLLATERAL - SHILOH, INC. PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 6th day of July, A.D. , 1994. BOARD OF COUNTY COMMISSIONERS ATTEST: WELD COUNTY, COLORADO Weld County er t /+ /;; G� ////✓,// W. H. Webster, Chai man �Y- ! J,�� ! O h f Deputy Clerk to the Board Dal . Hall, Pro- em APPROVED AS TO FORM: a '(/�t <-, �i 1"J eorge✓E. Baxter ounty Atto ney Constance L. Harbert i 4.4{4� ,L�arbara J. me 940636 ,t mEmoRAnDum Board of County Commissioners June 30, 1994 Wi`l a To Date Greg Thompson, Current Planner COLORADO From C� snilon, Inc. release of a portion of collaLeial tut wain „rains and fire hydrants Subject: I visited the site and noted fire hydrants. A hose was hooked up to a fire hydrant, and water appeared to have come from the hose quite recently, as the ground was muddy. This indicates to me the water mains are in place. 940636 t mEmoRAnDum To Lee Morrison, Assistant County //lipi orney June 14, 1994 COLORADO From Greg Thompson, Current Planner 6' s bj.og f a portion of collateral for S-354 Shiloh Inc. Please review the enclosed request from the applicant to release $31, 462. 75 for the installation of a water main and fire hydrants at the Shiloh, Inc. , Planned Unit Development. ✓ -. ' Thanks for your help. ff ,� h.-Ct. 1L{ j J Lc.) // I CiblA Pin)tiL t10'61-- 2D 49/20/q471 Nidisijfnet- 9e0636 d CEXH`IBIT "A" ' 1 h a 44` Name of Subdivision: S 4'1�IDh1 L S'T"d ies r9 U• D. .,#s Filing: F;nir T I 4 Chou \\ rail Qua II cr 2n �� lownflip LP �r � � 1 e s �4�q f( ii6 ? .'ra Location: 9 �h 1 t L 7,�Gr�:cn a CSI o7 he r, n Intending to be legally bound, the undersigned Applicant hereby agrees to provide throughout this subdivision and as shown on the subdivision final plat County dated 19 recorded on 19 , in Book , Page No. , Reception No. , ti:e following improvements. (Leave spaces blank where they do not apply) Estimated ImProvements Unit Cost Construction Cost Street grading I. 7JL�CQ. Y J /f 1/7�a- Street base ?, 1D } ALI 340 g+ Street Paving ,{,D0/ Jd 3Oi 170 °-A" Curbs. gutters . & culverts /R.oe t. /, /AA cut- Sidewalk Storm sewer facilities Retention Ponds Ditch imvrovements / . ,TOO• m- Subsurface drainage Sanitary sewers Sanitary sewers Trunk & forced lines Mains Laterals (house connected) On-site sewage facilities On-site water suvtly & storage water mains-Includes Bore U.10/2f 30, LAO 3s- fire hydrants l A I. 04$ 4 /931,- Survey & street monuments & boxes /// 950 Street lighting Street name signs .110°- fencing requirements L40/741. 9.3Gb-AL Landscaping Al T50o°' Park imvrovements 41,a/20 A...1, d. sae a Road Culvert s., « a Grass Lined Swale room- Telephone /1,100 se- Gas 3L / AO a2' Electric r,so j #. 39 no la- Water Transfer SUB-TOTAL if41 CIO °i- Engineering and Supervision Costs og/5001°' (testing, inspection, as-built plans and work in addition to preliminary and final plat; supervision of actual construction by contractors) B 1445 REC 02391629 06/03/94 12 : 04 $0 . 00 10/013 F 0068 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 940636 996 P91 SUN 13 '94 15:39 To: Weld County Board of Commisioners Re: Shiloh Estates PUD We do hereby request the partial release of collateral for the completion of water main and fire hydrants as per exhibit C of our improvement agreement. The amount to be released is $31,462.75 and written notice should be given to First Interstate Bank of Ft. Collins with reference to Letter of Credit # 744. Please refer to letter from North Weld Water District stating that the water line has been completed according to their specifications. Sincerely, leaf James Scott Shiloh Inc. 33082 WCR 15 Windsor, CO 80550 686-9326 ojUi i 5 1994 _ l vat l l;eUnty Planning Post-It"brand fax transmittal memo 7671 tor pager. a Co.t Tha.Nf sati Prom�1+Vl SC p# Dept. Phone p Fax I Fax M 941°636 094 P01 JUN 10 '94 11:52 BOARD OF DIRECTORS ; ir � �_� ERNEST TIGGES Nt- Po NORTH WELD COUNTY WATER DISTRICT GARY SIMPSON ERNEST ROSS Y ,f �,,. ✓. HIGHWAY 85 • LUCERNE, COLORADO 80646 CM.HARLES AACHZIGER 21 is* LYLE NELSON, MGR. P.O. BOX 56 • PHONE 356-3020 June 7, 1994 Weld County Board of County Commissioners 915 10th Greeley Co 80631 RE: Shiloh Estates Dear Sirs: The water line at Shiloh Estates has been installed and accepted per North Weld County Water District specifications. Sincere Lyl e , n Ma ger D I,1\__ � « JUN 101991 Post-Ir brand fax transmittal memo 7671 'xmpages . Co. Co. Dept. Phone M Fax if Fox JUN 10 '94 10:45 PRGE.001 9110636 to ,,. i7 .t 'Sad' r ",'. 081 P02 MY 23 '94 05.59 4 EXHIBIT "C" cc kName Of Subdivision: Shiloh Estates P.U.D. Spy Filing : First Lacat:on , Southeast Quarter of Section 4, Township 6 North, Range 67 West of the 6th P.M. This c-xhibit is to be used as a basis for phased release of collateral on the construction of improvements in the Shiloh Estates P.U.D. as set forth in exhibit "A". The County shall release portions of collateral as set forth in this exhibit, less 15% warranty collateral upon certified completion of all items within that phase. Phase Total Cost Less 15% Completion of Water main and Fire Hydrants $37,015.00 $31,462.75 Completion of Culverts, Ditch improvement, Park improvements, Grass Swale $26,180.00 $22,253.00 Completion of Street grading, Street base $42,315.00 $35,967.75 Completion of Street paving $30,770.00 $26,154.50 Completion of Electric Service -$39,520.00 $33,592.00 Completion of Gas Service ' $31,120.00 $26,452.00 Completion of Telephone Service, Fencing, Street Signs $22,750.00 $19,337.50 Completion of Survey, Street monuments &. boxes, Landscaping $34,200.00 $29,070.00 Completion of Engineering and Supervision $28,500.00 $24,225.00 Totals $292,370.00 $248,514.50 d I�►VE \ MAY 2 3 11994 \\ •Uah/rn,tnt,claiming B 1445 REC F 0071 MARY0ANN I 629 06/03/94 2 O FEUERSTEIINCLERK & REC0RDER WELD CO..DCo MAY 23 '94 04:53 P.002 002 940636 Hello