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HomeMy WebLinkAbout940280.tiff + ' RESOLUTION RE: APPROVE IMPROVEMENTS AGREEMENT ACCORDING TO POLICY REGARDING COLLATERAL FOR IMPROVEMENTS (PRIVATE ROAD MAINTENANCE) AND ACCEPT COLLATERAL - HABROCK DEVELOPMENT 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, by Resolution dated March 2, 1994, the Board did approve a Subdivision Final Plat for Willow Springs Estates, requested by Eugene and Pamela Habrock, dba Habrock Development Corporation, and Condition of Approval Lila required a Subdivision Improvements Agreement be approved by the Board of County Commissioners, and WHEREAS, 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 Habrock Development Corporation, 8374 Weld County Road 64, Windsor, Colorado 80550, with terms and conditions being as stated in said agreement, and WHEREAS, Habrock Development Corporation has presented collateral to the Board in the form of Surety Bond No. 19SB100852151BCA dated March 14, 1994, in the amount of Three Hundred One Thousand One Hundred Eighty Dollars ($301, 180.00) , and WHEREAS, after review, the Board deems it advisable to approve said agreement and accept the abovementioned collateral, 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 Habrock Development Corporation be, and hereby is, approved and substituted for the agreement with the Habrocks individually approved under Resolution #940223 dated March 2, 1994. BE IT FURTHER RESOLVED by the Board that collateral in the form of Surety Bond No. 19SB100852151BCA dated March 14, 1994, in the amount of $301, 180.00 be, and hereby is, accepted. 940280 �� e(r ; NAr'.wc/ • F/ PRIVATE ROAD IMPROVEMENTS AGREEMENT - HABROCK DEVELOPMENT CORPORATION PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 21st day of March, A.D. , 1994. BOARD OF COUNTY COMMISSIONERS ATTEST: Avielletu47 WELD COUNTY, CO ORADO Weld County Clerk to the Board . s er, C airman BY: itAIILLUAA, eputy Cl k to the Board Dale K all, Pro- APPROVED AS TO FORM: r v ge E. axter County Att ney Constance L. Harbert A/, b .G ✓ .fld�:L its Barbaraara J. )/ /if Kirkml'yer 940280 IMPROVEMENTS AGREEMENT ACCORDING POLICY REGARDING ROAD MAINTENANCE) DCTROVEMENTS THI AGREE ENT, made and entered into this /ty day of / by and between the County of Weld, State of Colorado, acting through its Board of County Commissioners, hereinafter called "County" , and unbrock ne=1elnretent Carp 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: See Exhibit C WHEREAS, a final subdivision/PUD plat of said property, to be known as Willow Springs Estates has been submitted to the County for approval; and WHEREAS, Section 7.2.3. 18 of the Weld County Subdivision Regulations provides that no final plat 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, 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 improvements listed on Exhibit "A" which is attached hereto and made a part of this 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. 1 . 3 Applicant shall furnish drawings and cost estimates for roads within the subdivision to the County for approval prior to the letting of any construction contract. Applicant shall furnish one set of reproducible "as-built" drawings and a final statement of construction cost to the County. 1 940280 B 1436 EEC 02382888 04/11/94 15 : 11 $0 . 00 1/011 F 0333 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO • • 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 improvements listed on Exhibit "A: which is attached hereto and made a part hereof by this reference, according to the construction schedule set out in Exhibit "B" also attached hereto and made a part hereof by this 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 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 time the subdivision is proposed, the requirements and standards of the County shall be adhered to. If both the incorporated community an 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 test 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 The Applicant shall furnish proof that proper arrangements have been made for the installation of sanitary sewer or septic systems, water, gas, electric and telephone services . 3 . 5 Said subdivision 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. 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 claims 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 expenses and attorney fees incurred by County in 2 B 1436 REC 02382888 04/11/94 15:11 $0 .00 2/011 F 0334 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 4ao2Rn • defending such suit, action or claim whether the liability, loss or damage is caused by, or arises out of the negligence of county 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 workman' s compensation insurance and public liability insurance coverage, and shall operate in strict accordance with the 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 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. 6 . 1 If desired by the County, portions of street improvements may be placed in 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 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 of the construction of streets within a subdivision 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 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. 7 . 0 General Requirements for Collateral : 7 . 1 The value of all collateral submitted to Weld County must be equivalent to 100% of the value of the improvements as shown in this Agreement. Prior to Final Plat approval, the applicant shall indicated which of the five types of collateral he prefers 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 3 B 1436 REC 02382888 04/11/94 15: 11 $0.00 3/011 F 0335 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 9462Rn • • • 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. An 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 ( 30) days prior to its expiration and further provides that cost estimates for the remaining improvements are updated and collateral is provided in the amount of 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 made. 7 . 2 The applicant may choose to provide for a phased development by means of designating filings of a Planned Unit Development Plan or Final Plat Subdivision. The applicant would need only to provide collateral for the improvements 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: - The Letter of Credit shall be in an amount equivalent of 100% of the total value of the improvements as set forth in Section 6 . 0 and exhibits "A" and "B" . - 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 . - The applicant may draw from the Letter of Credit in accordance with the provisions of this policy. - 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 100% of the estimated costs of 4 B 1436 REC 02382888 04/11/94 15: 11 $0. 00 4/011 F 0336 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 4&n2Rn • • • completing 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 . - The Letter of Credit shall specify that 15% of the total Letter of Credit amount cannot be drawn upon and will remain available to Weld County until released by Weld County. - 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 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: - In the event property within the proposed development is used as collateral , an appraisal is required of the property in the proposed development by a disinterested M.A. I . member of the American Institute of Real Estate Appraisers indicating that the value of the property encumbered in its current degree of development is sufficient to cover 100% of the cost of the improvements as set forth in the Improvements Agreement plus all costs of sale of the property. - 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 M.A. I . member of the Institute of Real Estate Appraisers indicating that the value of the property encumbered in its current state of development is sufficient to cover 100% of the cost of the improvements as set forth in the Improvements Agreement plus all costs of sale of the property. - A title insurance policy insuring that the Trust Deed creates a valid encumbrance which is senior to all other liens and encumbrances . - A building permit hold shall be placed on the encumbered property. 8. 3 Escrow Agreement that provides at least the following: - The cash in escrow is at least equal to 100% of the amount specified in the Improvements Agreement. 5 B 1436 REC 02382888 04/11/94 15: 11 $0 .00 5/011 F 0337 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 940280 • • - 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 Board. - The escrow agent will be a Federal or State licensed bank or financial institution. - If the County of 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 100% of the value of the improvements as specified in the Improvements Agreement. 8 . 5 A cash deposit made with the County equivalent to 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 portion 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 Highway Schedule for minimum materials sampling, testing and inspections found in CDOH 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 . 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 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 6 B 1436 REC 02382888 04/11/94 15 : 11 $0 . 00 6/011 F 0338 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 940280 • • 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 10% 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 approval by 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 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 PUD plan, if any: 10 . 1 The required acreage as may be determined according to the Weld County 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 maintained by the County or school district. 10 . 2 The required acreage as determined according to the Weld County Subdivision Regulations, 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. 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 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 succpssors in ownership of said land. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed on the day and year first above written. B 1436 REC 02382888 04/11/94 15:11 $0 .00 7/011 F 0339 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 7 94028 • • BOARD OF COUNTY COMMISSIONERS WELD OUNTY, COLORADO ATTEST: GAT Weld Codrity Cl*Ic 'the Board Atf �! U Deputy C eY•]c\ to the nbahil APPROVED AS TO FORM:�t'(1;;;2"241-4- unty Atborneyrock. L eoeioPm / Cn� Cc f}T EST-. (1;;;2"241-4- /J 421' ®® 644-APPLICANT4 ., I BY: Eugene. L. /-(abr6cJc, Rresrdew+ J (taw e .#00-64"144,0. Subscribed and sworn to before me this /4-da `e, -.` qr„,/ 19 95/ My Commission expires : ` c-- /V741 C AP I a' co+-0 p afdmmi ao B 1436 REC 02382888 04/11/94 15: 11 $0 .00 8/011 F 0340 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO aprlvate.db 8 940280 • • EXHIBIT "A" Name of Subdivision: Willow Springs Estates Filing: Location: Weld County Road 23 and Colorado Highway 392. Wind qnr en Intending to be legally bound, the undersigned Applicant hereby agrees to provide throughout this subdivision and as shown onthe 19 subdivision final plat County dated 19 in Book , Page recorded on g No. , Reception No. , the following improvements . (Leave spaces blank where they do not apply) Estimated Improvements Unit Cost Construction Cost Street grading 17,086 25,428 Street base Street paving 39,491 Curbs, gutters, & culverts Sidewalk Storm sewer facilities 3,552 Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Sanitary sewers Trunk & forced lines Mains Laterals (house connected) On-site sewage facilities 5,000 9 On-site water supply & storage Water mains-Includes Bore 4,080500 Fire hydrants Survey & street monuments & boxes Street lighting a Street name signs o Fencing requirements a, p Landscaping o Park improvements O Road Culvert w OW Grass Lined Swale 0 3 Telephone 12,000 o a Gas 9,874 Fa • Electric 36,809 o Water Transfer Bridge 49.560 .-1 (x a SUB-TOTAL 297,380 "P I-4 Engineering and Supervision Costs 3,800 (testing, inspection, as-built plans and work in addition to • z preliminary and final plat; supervision of actual construction by ri contractors) d' E CD a TOTAL ESTIMATED COST OF IMPROVEMENTS AND SUPERVISION $ 301.180 05 co w aow CN co z The above improvements shall be constructed in accordance with all ,h z County requirements and specifications , and conformance wi il},,,t„l, ' s Nit provision shall be determined solely by Weld County, ort 9, >, authorized agent. •__ ���• oz Said improvements shall be completed according to the ctorftruct qp: M schedule set out in Exhibit "B" . _*s rporation, to be signed byPresident and attestesecretary, together with corporate seal . ) Date: 3//71 , 19 9/. 9 940280 EXHIBIT "B" • Name of Subdivision: Willow S rin s Estates Filing: Location: Weld County Road 23 and Colorado Highway 392, Windsor, Co. Intending to be legally bound, the undersigned Applicant hereby agrees to construct the improvements shown on the final subdivision plat of dated 19 , Recorded on Subdivision, 19 , in Book , Page No. Reception No. , the following schedule. All improvements shall be completed within One (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 May 31, 1994 Street base May 31 . 1994 Street paving October 31, 1994 Curbs, gutters, and culverts Sidewalk Storm sewer facilities Retention ponds May 31, 1994 Ditch improvements May 31, 1994 Subsurface drainage Sanitary sewers Trunk and forced lines Mains Laterals (house connected) On-site sewage facilities On-site water supply and storage May 31. 1994 Water mains May 31, 1994 Fire hydrants May 31, 1994 Survey & street monuments & boxes Street lighting Street name signs Fencing requirements Landscaping Park improvements Telephone May 31, 1994 Gas May 31. 1994 Electric stay 31. 1994 WASIMOCffigagletOCIE Bridge October 31, 1994 Sub-Total The County, at its option, and upon the request by the Appli, T c may grant an extension of time for completion for any part• ar •.,•0➢':, improvements shown above, upon a showing by the Applicant thgt' the ••• -� above schedule cannot be met. ec ( If corporation, to be signed\ by President and attested - A Secretary, together with corporate seal . ) / ' ""r` "" Date: ,�//t. , 199V . B 1436 REC 02382888 04/11/94 15: 11 $0 .00 10/011 F 0342 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Revised 10/20/93 aprivate.db 10 940280 Exhj¢it "C" CERTIFICATE OFeICATION, OWNERSHI MAI ANCE: KNOW ALL MEN BY THOSE PRESENT THAT EUGENE L. AND PAMELA A. HABROCK BEING THE OWNERS, MORTGAGEE OR LIENHOLDER OF CERTAIN LANDS IN WELD COUNTY, COLORADO, DESCRIBED AS FOLLOWS: A PARCEL OF LAND LOCATED IN SECTION 24, TOWNSHIP 6 NORTH, RANGE 67 WEST OF THE 6TH P.M., WELD COUNTY, COLORADO BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE WEST QUARTER CORNER OF SAID SECTION 24 AND CONSIDERING THE WEST LINE OF THE NORTHWEST QUARTER TO BEAR NORTH 00'12'13" EAST WITH ALL BEARINGS CONTAINED HEREIN RELATIVE THERETO; SAID POINT BEING THE TRUE POINT OF BEGINNING; THENCE ALONG THE WEST LINE OF THE NORTHWEST QUARTER OF SAID SECTION 24, NORTH 00'12'13" EAST, 2195.46 FEET TO A POINT FIh I FEET SOUTH AS MEASURED AT RIGHT ANGLES TO THE CENTERLINE OF THE GREELEY #2 CANAL; THENCE PARALLEL AND 50' SOUTH OF SAID CENTERLINE THE FOLLOWING 19 COURSES: 1 . THENCE SOUTH 77'41 '05" EAST, 114.16 FEET; 2. THENCE 129.10 FEET ALONG THE ARC OF A CURVE HAVING A RADIUS OF 171 .50 FEET AND A CENTRAL ANGLE OF 43'07'47", WHOSE RADIUS POINT BEARS NORTH 12'18'55" EAST; 3. THENCE NORTH 59'11 '08" EAST, 67.93 FEET; 4. THENCE 64.67 FEET ALONG THE ARC OF A CURVE HAVING A RADIUS OF 61 .98 FEET AND A CENTRAL ANGLE OF 59'47'10", WHOSE RADIUS POINT BEARS SOUTH 30'48'52" EAST; 5. THENCE SOUTH 61'01 '42" EAST, 81 .21 FEET; 6. THENCE 190.21 FEET ALONG THE ARC OF A CURVE HAVING A RADIUS OF • p 214.29 FEET AND A CENTRAL ANGLE OF 50'51 '29", WHOSE RADIUS • v POINT BEARS NORTH 28'58'18" EAST; 7. THENCE NORTH 68'06'49" EAST, 67.98 FEET; '4 a' 8. THENCE 290.89 FEET ALONG THE ARC OF A CURVE HAVING A RADIUS OF ca 431 .06 FEET AND A CENTRAL ANGLE OF 38'39'52", WHOSE RADIUS POINT BEARS SOUTH 21'53'11" EAST; 0 3 9. THENCE SOUTH 73'13'19" EAST, 145.03 FEET; • 10. THENCE 84.46 FEET ALONG THE ARC OF A CURVE HAVING A RADIUS OF o SDI 420.67 FEET AND A CENTRAL ANGLE OF 11'30'12", WHOSE RADIUS POINT BEARS NORTH 16'46'41" EAST; a 11 . THENCE SOUTH 61'43'07" EAST, 23.17 FEET; leg 12. THENCE 188.85 FEET ALONG THE ARC OF A CURVE HAVING A RADIUS OF • a 139.29 FEET AND A CENTRAL ANGLE OF 77'40'57", WHOSE RADIUS ar POINT BEARS NORTH 28'16'53" EAST; " 13. THENCE NORTH 40'35'56" EAST, 104.32 FEET; x 14. THENCE NORTH 36'00'15" EAST, 96.80 FEET; a a 15. THENCE 102.96 FEET ALONG THE ARC OF A CURVE HAVING A RADIUS °' OF 59.05 FEET AND A CENTRAL ANGLE OF 99'54' 19", WHOSE z RADIUS POINT BEARS SOUTH 53'59'45" EAST; pa •16. THENCE SOUTH 44'05'26" EAST, 118.39 FEET; c w 17. THENCE 187.55 FEET ALONG THE ARC OF A CURVE HAVING A RADIUS OF 386.22 FEET AND A CENTRAL ANGLE OF 27'49'24", WHOSE } RADIUS POINT BEARS NORTH 45'54'34" EAST; OD row 18. THENCE SOUTH 71'54'50" EAST, 126.45 FEET; N °" 19. THENCE SOUTH 69'49'54" EAST, 231 .51 FEET TO AN EXISTING co z FENCE LINE; THENCE ALONG SAID FENCE LINE, SOUTH 01'14'12" EAST, 0 < 2006.78 FEET TO THE SOUTH LINE OF THE NORTHWEST QUARTER OF SAID >., SECTION 24; THENCE ALONG SAID LINE, SOUTH 89'34'28" WEST, ti 14 2211 .45 FEET TO THE TRUE POINT OF BEGINNING. a %D M SAID PARCEL CONTAINING 109.01 ACRES, MORE OR LESS, HAVE BY THESE m PRESENTS LAID OUT, PLATTED, AND SUBDIVIDED THE SAME INTO LOTS AND rl BLOCKS, AS SHOWN ON THIS PLAT, UNDER THE NAME AND STYLE OF WILLOW w w SPRINGS SUBDIVISION AND DO HEREBY DEDICATE TO THE BOARD OF COUNTY COMMISSIONERS, PUBLIC, SCHOOL DISTRICT, OWNERS AND FUTURE OWNERS OF THIS SUBDIVISION ALL WAYS, PUBLIC RIGHT-OF-WAY, EASEMENTS, PARKS AND OPEN SPACE, AND OTHER PUBLIC RIGHTS-OF-WAY AND EASEMENTS FO ,F�I}RPfbn SHOWN HEREON. ULJAJ Ivy • • KAROWSKY, WITWER, MILLER & OLDENBURG ATTORNEYS AT LAW • 822-7TH STREET.SUITE 760 JACQUELINE JOHNSON STOW L. ITWER.JR. P.O. BOX 1407 CURTIS R.SEARS MI LLER MILLER R.SAM OLDENBURG GREELEY. CO 8063 2-1 407 CHARLES A.KAROWSKY JOHN J.BARRY OF COUNSEL (303)352-3161 MARILYN J.DAVID FACSIMILE(303)352-3165 March 18 , 1994 Lee D. Morrison Assistant County Attorney PO Box 1948 Greeley, CO 80632 Re: Gene and Pam Habrock; Willow Springs Estates Subdivision Dear Lee: This letter shall confirm our conversation wherein we discussed the change of the applicant in connection with the above-referenced subdivision from Gene and Pam Habrock, individually, to Habrock Development Corp. Please let me know at your earliest convenience if anything said herein is incorrect or untrue. The Habrocks have formed Habrock Development Corp. for the purpose of developing Willow Springs Estates Subdivision. Therefore, they now request that the owner/applicant on all documents and instruments related to the subdivision process be changed to Habrock Development Corp. In order to accomplish same, and pursuant to your request, Gene Habrock either has or will be furnishing you with the following: a. A final plat with all required signatures thereon reflecting the applicant/owner as Habrock Development Corp. ; b. A revised subdivision development agreement and related surety bond, both fully executed in the name of Habrock Development Corp. ; c. A copy of a recorded deed conveying the platted property from Pam and Gene Habrock to Habrock Development Corp. ; and d. A copy of the Certificate of Incorporation for Habrock Development Corp. If there is any problem or concern related to this request, or any of the documents furnished in connection herewith, please call me . Otherwise, we will assume that upon receipt of the documents and instruments referenced above, you will see that the change is made effective . 940280 . • KAROWSKY, WITWER, MILLER & OLDENBURG Lee D. Morrison -2- March 18, 1994 We appreciate your time and cooperation with respect to this matter. Best regards, KAR0WSKY, WITWER, MILLER & 0LDENBURG Curtis R. Sears vle Enclosures pc: Pam and Gene Habrock 940280 ic:iv. ThRV),C ` '�,y STATE }LORADO \8?b/ DEPARTMENT OF STATE CERTIFICATE I, NATALIE MEYER, Secretary of State of the State of Colorado hereby certify that the prerequisites for the issuance of this certificate have been fulfilled in compli- ance with law and are found to conform to law. Accordingly, the undersigned, by virtue of the authority vested in me by law, hereby issues A CERTIFICATE OF INCORPORATION TO HABROCK DEVELOPMENT CORP. Dated: MARCH 09, 1994 (17-7 -1c:Ci 74-#1X-j \ - SECRETARY OF STA : Limmes .............. 940280 ARTICLES OF INCORPORATION _ OF t HAHROCK DEVELOPMENT CORP. 941027949 $50.00 SOS 03-09-94 08:30 THE UNDERSIGNED natural person(s) , more than eighteen years of age, hereby establishes a corporation pursuant to the statutes of Colorado and adopts the following Articles of Incorporation: 1 . Name : The name of the corporation is Habrock Development Corp. 2 . Duration: The corporation shall have perpetual existence . 3 . Purposes and Powers : a. Purposes : The purposes of the corporation are any lawful business pursuits under the laws of Colorado. b. Powers : In furtherance of the foregoing purposes the corporation shall have and may exercise all of the rights, powers, and privileges now or hereafter conferred upon corporations organized under the laws of Colorado. In addition, it may do everything necessary, suitable and proper for the accomplishment of any of its corporate purposes . The corporation may conduct its business and own any type of property or rights anywhere in the world. The foregoing enumeration of purposes and powers shall not limit or restrict in any manner the exercise of other and further rights and powers which may now or hereafter be allowed or permitted by law. 4 . Stock: a. Authorized Shares : The aggregate number of shares which the corporation shall have authority to issue is 100 shares of common stock of no par value. b. Voting: Each shareholder of record shall have one vote for each share of stock standing in his name on the books of the corporation and entitled to vote, except that in the election of directors he shall have the right to vote such number of shares for as many persons as there are directors to be elected. i . Cumulative voting shall not be allowed in the election of directors or for any other purpose . c. Pre-emptive Rights : The holders of the common stock of the corporation shall be entitled as of right to purchase or subscribe for any unissued or treasury shares of any class, or any additional shares of any class to be issued by reason of any increase of the authorized shares of the corporation of any class, or any bonds, certificates of indebtedness, debentures, or other securities, rights, warrants or options convertible into shares of the corporation or carrying any right to purchase shares of any class, in accordance with their proportionate equity in the corporation. 940280 it • • d. Consideration for Shares : Shares of the corporation ,) not having a par value shall be issued for such consideration expressed in dollars as may be fixed from time to time by the vote of . the directors . e . Restrictions on Transfer: The corporation is authorized, by means of its Bylaws or by appropriate stock agreements, to impose restrictions or agree to restrictions upon the transfer of any shares of its common stock, or any interests therein, from time to time issued, provided that such restrictions, or notice of the • substance thereof, shall be set forth upon the face or the back of the certificates representing said shares of common stock. 5 . Board of Directors : The number of directors of the corporation shall be fixed by the Bylaws and shall not be more than three (3) nor less than the number required by the Colorado Corporation Code, as amended. Two (2) directors shall constitute the initial Board of Directors . The following persons shall serve as the corporation' s initial directors until the first annual meeting of shareholders or until their successors are duly elected and qualified: Pamela A. Habrock Eugene L. Habrock PO Box 876 PO Box 876 Windsor, CO 80550 Windsor, CO 80550 6 . Limitation of Director Liability: To the fullest extent permitted by the Colorado Corporation Code as the same exists or may hereafter be amended, no director of this corporation shall be liable to the corporation or its shareholders for monetary damages for breach of fiduciary duty as a director. Neither the amendment nor repeal of this Article, nor the adoption of any provision of the Articles of Incorporation inconsistent with this Article, shall eliminate or reduce the protection afforded by this Article to a director of the corporation with respect to any matter which occurred, or any cause of action , suit or claim which but for this Article would have accrued or arise: , prior to such amendment, repeal, or adoption. 7 . Registered Agent and Address : The address of the initial registered office of the corporation is 12275 W.C.R. 74, Eaton, CO 80615 . The name of the initial registered agent at such address is Eugene L. Habrock. 8 . Management of Corporate Affairs : The following provisions are inserted for the management of the business and for the conduct of the affairs of the corporation, and the same are in furtherance of and not in limitation or exclusion of the powers conferred by law: a. Transactions with Interested Persons : No contract or other transaction between the corporation and one or more of its directors or officers, or between the corporation and any other corporation, company, partnership, association, or other organization in which one or more of its directors or officers are directors, officers, managers, partners, or have a financial interest, shall be void or voidable solely for that reason, or solely because the director or officer is present at or participates in the meeting of the Board of Directors or committee thereof which authorizes, approves _2_ 940 8O • • or ratifies the contract or transaction, or solely because his or .their votes are counted for such purpose, if: (i) the material facts as to his or their relationship or interest and as to the contract or transaction are disclosed or are known to the Board of Directors or committee, and the board or committee in good faith authorizes, approves, or ratifies the contract or transaction by the affirmative vote of a majority of the disinterested directors, even though the disinterested directors are less than a quorum; or (ii) the material facts as to his or their relationship or interest and as to the contract or transaction are disclosed or are known to the shareholders entitled to vote thereon, and the contract or transaction is specifically authorized, approved or ratified in good faith by vote of the shareholders; or (iii) the contract or transaction was fair as to the corporation. Common or interested directors may be counted in determining the presence of the quorum at a meeting of the Board of Directors or the committee thereof which authorizes, approves or ratifies the contract or transaction. b. Negation of Equitable Interests in Shares or Rights : . The corporation shall be entitled to treat the registered holder of any shares of the corporation as the owner thereof for all purposes, including all rights deriving from such shares, and shall not be bound to recognize any equitable or other claims to, or interest in, such shares or rights deriving from such shares, on the part of any other person, including but without limiting the generality hereof, a purchaser, assignee or transferee of such shares or rights deriving from such shares, unless and until such purchaser, assignee, transferee or other person becomes the registered holder of such ® shares, whether or not the corporation shall have either actual or constructive notice of the interest of such purchaser, assignee, transferee or other person. The purchaser, assignee, or transferee of any of the shares of the corporation shall not be entitled: to receive notice of the meetings of the shareholders ; to vote at such meetings ; to examine a list of the shareholders ; to be paid dividends or other sums payable to shareholders; or to own, enjoy and exercise any other property or other rights deriving from such shares until such purchaser, assignee, or transferee has become the registered holder of such shares . c. Distributions in Partial Liquidation: The Board of Directors may from time to time distribute to the shareholders in partial liquidation, out of stated capital or capital surplus of the corporation, a portion of its assets in cash or property, subject to the limitations contained in the statutes of Colorado. d. Indemnification: The corporation shall indemnify, to the extent permitted by law, any director, officer, agent, fiduciary or employee of the corporation against any claim, liability or expense arising against or incurred by such person as a result of actions reasonably taken by him in such capacity in representing the corporation or at the direction of the corporation. The corporation shall have the further authority to the full extent permitted by law to indemnify those persons against any claim, liability or expense arising against or incurred by them in all other circumstances and to maintain insurance providing such indemnification. -3- 940;80 9 . Incorporator: The names and addresses of the incorporators are: Pamela A. Habrock, PO Box 876, Windsor, CO 80550; and Eugene L. Habrock, PO Box 876,, Windsor, CO 80550 . DATED March 4 , 1994 . (Pamela A. Habrock l Eu ne L. Habrock STATE OF COLORADO ) ) ss . COUNTY OF WELD I, \I ,CLIc L .EcL\o..cck± , a notary public, hereby certify that on March Lk , 1994, personally appeared before me Pamela A. Habrock and Eugene L. Habrock, who, being by me first duly sworn, severally declared that they were the persons who signed the foregoing documents as incorporators, and that the statements therein contained ® are true . WITNESS my hand and official seal . „ ;•;;:.•. •; ,;_. it''rA 1,. ys+ L.Ec kcLA ` Jcaret qqt Notary Public ta s•,...• 4 My commission expires : ll 1G� � ,f e.at *4_1. ,24.,? ;•c,�?C + ,cur.• ' -4- 940280 Ai12_19145 eclat _ B 143&REC 02379145 03/18/94 15 : 13 $10 . 00 1/002 RbceptionNo._ F 0927 MARY ANN FEUERSTEIN CLERK & RECORDER WELD •CO, CO • Quit Claim Deed THIS DEED is a conveyance from the individual(s),corporation(s)or other entity(ies)named below as GRANTOR to the individual(s)or entity(ies) named below as GRANTEE of whatever interest the GRANTOR may have in the real property described below. The GRANTOR hereby sells and quit claims to the GRANTEE the real property described below with all its appurtenances. The specific terms of this deed are: Grantor: (GNe name(*)and place(s)of residence,if the spouse of the owner-grantor is joining in this Deed to release homestead rights,identify grantors as husband and wial Eugene L. Habrock and Pamela A. Habrock PO Box 876 Windsor, CO 80550 Grantee: (Give names)and eddressfes),statement of address,including available road or street number,is required 1 Habrock Development Corp. , a Colorado corporation PO Box 876 Windsor, CO 80550 Form of Co-Ownership: (If there are two or more grantees named,they will be considered to take as tenants in common unless the works'in joint tenancy or words of the same meaning are added in the space below) None Property Description: (Include county end stale) See Exhibit A attached hereto and incorporated herein by reference Property Address: o None Reservations-Restrictions: (If the GRANTOR intends to reserve any interest in the property or to covey less than he owns.or if the GRANTOR is restncting the GRANTEE'S rights in the property,make appropnate indication) None o Executed by the Grantor on March 9 •19 94 Signature Clause for indtvidual(s): Signature Clause fee Crapmation,Partnership or Association: `. //N/YJJI//!!L U1 t7TLfj ''T I Name of Grantor: Corporation,Partnership or Association I)ame a a roc / rantor tee By hug e aH Grantor By Grantor Attest: �R a STATE OF COLORADO l'"' COUNTY OF WELD ) �' •• ' ';•,,.,,'rsy ) The foregoing instrument was ackrwwtedged before me IS 9th day of March t /atf4 'P��9-`'? �. Eugene L. Habrock and Pamela A. Habrock ''"wp_�, ,.. I. * WIT NESS my hold and official sad .: ` it'll ,rV�G my commission atplrer. 1 ..list t "'� STATE OF ) Notary►ublie '•1 :� �P COUNTY OF The foregoing'nave was acknowledged before me this day of .19 B' ('none Indvi&d Grantors)rs)or If Grata is CaporoSon.Palmetto or Association.then Identify signers as president or vice president and seaetay or assstant secretory of corporation,or as polyerts)or os adnorded memberts)of association.) WITNESS my hand and official seal. My commission expires: Notary Public 940280 • • • B 1432 REC 02379145 03/18/94 15 : 13 $10 . 00 2/002 F 0928 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO EXHIBIT A PROPERTY DESCRIPTION The following real property in the County of Weld, State of Colorado, to-wit : That part of the West Half (WA) of the Northwest Quarter (NW%) and the West 825 feet of the East Half (E54) of the Northwest Quarter (NW1%) of Section Twenty-four (24) , Township Six (6) North, Range Sixty-Seven (67) West of the 6th P.M. , County of Weld, State of Colorado, lying South of the Irrigating Canal No. 2, sometimes called the No. 2 Canal or the No. 2 Ditch. And together with an access easement as dedicated across the West 30 feet of Lot A of Recorded Exemption No. 0807-24-2- RE1381, recorded January 17, 1992 in Book 1323 at Reception No. 02275478, and two irrigation wells, Well #1 013618-F and Well #2 013619-F. 940280 Hello