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HomeMy WebLinkAbout940487.tiff Af.247 ION'S RESOLUTION RE: APPROVE RELEASE OF COLLATERAL - PLEASANT VIEW ACRES 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 October 27, 1993, the Board did approve an Improvements Agreement According to Policy Regarding Collateral for Improvements for Private Road Maintenance with Pristine Investments for the Pleasant View Acres Minor Subdivision, and WHEREAS, pursuant to said agreement personal check #1008, drawn on the Berthoud National Bank, in the amount of $32,340 was submitted to Weld County, and WHEREAS, the Department of Planning Services has recommended partial release of collateral held as a result of inspections and approvals presented to them by the affected utilities and the Weld County Department of Public Works, in the amount of $12,041.66; $8,071.73 payable to Pittington Construction, Inc. , and $3,969.93 payable to Pristine Investments. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that a portion of collateral held in conjunction with an Improvements Agreement According to Policy Regarding Collateral for Improvements for Private Road Maintenance with Pristine Investments for the Pleasant View Acres Minor Subdivision, in the amount of $12,041.66, be, and hereby is, released. BE IT FURTHER RESOLVED by the Board that the Clerk to the Board be, and hereby is, directed to process warrants to Pittington Construction, Inc. in the amount of $8,071.73 and Pristine Investments in the amount of $3,696.93. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 25th day of May, A.D. , 1994. MI444 BOARD OF COUNTY COMMISSIONERS ATTEST: WELD COUNTY, C ,LORADO Weld Count Clerk to the Board . Webster, hai n BY: 4 epkty Cler to the Board Dale a , Pr7T em APPROV TOORM :� /c7 C o Jrty C t' eor erg. Baxter �p -G„./ �JS IGG�Z c c f County Att rney nstance L. Harbert� arbara J. Kirkmey,4r'2A O 2470849 B-1526 P-255 01/08/96 01:47P PG 1 OF 1 REC DOC Weld County CO Clerk & Recorder 0.00 940487 PL0921 Form TO: Clerk to the Board of a Weld County Commissioner RE : Recommendation of Approval to Release Collateral The Department of Planning Services has accumulated comments regarding completion of the improvements in accordance with the Improvements Agreement according to policy regarding collateral for improvements dated the 1st day of November, 1993 regarding Pleasant View Acres (Title of Development) . The Department of Planning Services recommends release of (all) or (a portion) of the collateral held to secure the agreement as a result of the inspections and approvals presented to us by the affected utilities and the Weld County Engineering Department. The amount recommended to be released is $12,041 .66 : $8,071 .73 payable to Pittington Construction, Inc. and $3,969.93 payable to Pristine Inv . Department of Planning Services Glor a Dunn Attachments : Recommendations from Weld County Engineering and Utilities Exhibit A to Improvements Agreement pc : County Attorney ctbrec.gjb 940487 WELD COUNTY rr,.. . .,R P,,.-pS 5Fn}i &?R 29 AM 10: 20 CLERK TO THE DO,AFD PRISTINE INV. 745 N. Lincoln Avenue Loveland, CO 80537 April 28, 1994 TO: Weld County Planning Department ATTN: County Clerk Enclosed, please find an invoice bill from Pittington Construction, Inc. for $8,071.73. This amount is the final billing on the road construction in Pleasant View Acres Miner Subdivision. The road in this subdivision has been completed. Also, please find a copy of invoice and check that Pristine Inv. paid to Pittington Construction, Inc. for $3,969.93 for the street grading and grading for the swale. I hereby request that the Clerk issue a check in the amount of $8,071.73 payable to Pittington Construction, Inc. , and also issue a check in the amount of $3,969.93 payable to Pristine Inv. as reimbursement for the $3,969.93 paid to Pittington Construction. All of the improvements in this subdivision have been completed, except for the street signs and construction of the concrete box located in the berm. The remaining improvements will not require more than $1,250.00 to complete. Sincerely, Pristine Inv. By *lvi.ti 8. Geist - �r ABG:nk Enc. 940487 -aL'r4i Pittington Construction, Inc. (i EXCAVATING CONTRACTORS P.O.BOX 218 MASONVILLE, COLORADO 80541 INVOICE 912 (3030 663-0915 DATE 4/25/94 Bill To: Ship To: Pristine Inv. N. Cleveland Loveland CO 80537 P.O.Number Terms Road imp.-Pleasant View Acres Description Amount Grader 18 hr. @$65. 1,170 . 0O Compactor 15 hr. @$40 600.00 1 1/2 road base 535.85 T. @ $4.10 2,196. 98 1 road base 386 . 29 T. @$4.20 1 , 622. 42 Haul 922. 14 T. @ $2 .00 1,844.28 15 " Culverts 60 ft. @$6. 15 369 . 00 12 " culvert 20 ft. @$5. 00 100.00 Band 9 . 22 Delivery 30.00 Subtotal 7 ,941.90 Sales Tax On $4, 327.62 @ 3% 129.83 Total $8,071 . 73 Amount Paid $0 Amount Due $8 , 071 . 73 • 940487 PRISTINE INV. J/V PLEASANT VIEW ACRES MINOR SUBDIVISION Street grading according to survey plans and specifications Grader 40j hours $ 2, 632 .50 Loader 8 hours 560 .00 Backhoe 8 hours 360 .00 Truck 2 hours 80.00 Culvert 327 .60 Tax 9 .83 Total $ 3, 969 . 93 Received payment in full, October 14, 1993 . PITTINGTON CONSTRUCTION INC. , By: {kid-10_, 940487 PPRISTINE INV. J33 os-R3 1005 745 N. LINCOLN 667-3333 LOVELAN0, Co 80537 82-155/1070 October 14 19 93 PAY TO THE Pittington Construction Inc. I $ 3 , 969 . 93 ORDER OF [/[+��� (('�M�� �/{,^�y��y{1l � � ,��5..yy� 3 1. ThNsu uf$249'�+-g� /' cTs DOLLARS $THE BERTHDUN D AT ON IAL BANK 532 PO.BOx O57 --- ox• ERTHOU0 METRO 6)31051 BERTHOUO.COLORApO B.3513 taciFOR Streerading. , II'00 100 So is LO 700 L 5 59i: 0 3 5 26 I' 940487 EORR1IDUI11 (vRait Gloria Dunn Wilk To Planning Date May 20, 1994 COLORADO From Donald CarrollelAt Subject: PleaGanr View Acres S-340 This memo is to release funds and verify that the work has been completed on the road grading and grading for the swale area in the amount of $3,969.93. I have also inspected the street base and culvert items on the site. The gravel base is in place, verify a 24' width with 6' shoulders. The cul-de-sac is in place. This item can be paid in the amount of $8,071.73. The above items can be released from the improvements agreement. 19.g1P,WVINL jk MAY 2u19y+ f 1nDIRrs DC/pds:mgloria6 cc: Commissioner Kirkmeyer File S - 3402 940487 ( !,ti fllEMORAf DUIfl W IWilk To Gloria Dunn, Current Planner May 20, 1994 Date Lee Morrison, Assistant County Attorney COLORADO From Pleasant View Acres S-340 Subject: I read Mr. Carroll's approval to include road base and grading which is what is requested by Mr. Geist. I support the release of 8,071.73 plus 3,969.93. 940481 Hello