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HomeMy WebLinkAbout990537.tiff DEPARTMENT OF PLANNING SERVICES Weld County Administrative Offices, 1400 N. 17th Avenue, Greeley, CO 80631 Phone (970) 353-6100, Ext. 3540, Fax(970) 353-6312 USES BY SPECIAL REVIEW APPLICATION Application Fee Paid //('Z (Ql Receipt# 92 Z— Date Recording Fee Paid Receipt# Date Application Reviewed by: TO BE COMPLETED BY APPLICANT: (Please print or type, except for necessary signature) LEGAL DESCRIPTION OF SPECIAL REVIEW PERMIT AREA: PARCEL NUMBER: 0 7 0 7 1 0 0 0 0 0 4 2 (12 digit number-found on Tax I.D. Information or obtained at the Assessor's Office. Section 10 , T 7 N, R 66 W-Total Acreage 1.73 Zone District AG Overlay Zone_ Property Address (if available) 1 541 5 Col ora do Highway 14. Ault. Colorado 80610 Amendment to uses approved in USR-1191. Additional uses are the Proposed Use sale of a y agricultural product and repair of agricultural machinery, equipment, fixtures and other items used in the agricultural industry. SURFACE FEE (PROPERTY OWNERS) OF AREA PROPOSED FOR THE SPECIAL REVIEW PERMIT Name: Stanley E. Heinze Address: 15415 Colorado Highway 14 City/State/Zip: Ault, Co 80610Home Telephone: Business Telephone 834-1495 Name: Tnnie S Fahri zi ns Address: 15415 Col oradn Highway 14 City/State/Zip: Ault, Co 80610 Home Telephone: Business Telephone 834-1495 APPLICANT OR AUTHORIZED AGENT(if different than above). Proposed owner of parcel and Applicant, - Name: Robert A. Felte and Timothy R. Felte Address: 6776 Weld County Road 74 City/State/Zip: Windsor, Colorado 80550 Home Telephone: 686-796n Business Telephone: 686-9393 DEPARTMENT OF PLANNING RVICES USE ONLY Case# �g lnJ Cam' Floodplain: O Yes /No Geologic Hazard: ❑ Yes S'No I hereby state that all statements and plans submitted with the application are true and correct to the best of my kWelt �riunty Planning Dept. --,(�yG�/tar / , Rev: 1-27-97 NOV o 6 1998 Signature: Owner or Authbrized Agent Robert A. Road File# Fel to RE: 4"L Timothy R. F It ! ' 5 990537 BREGA & WINTERS P.C. ATTORNEYS AT LAW November 6 1998 Weio&eu y Hi.04fiNu bait. HAND DELIVERED Ms. Julie Chester NOV 0 6 1999 Weld County Planning and Zoning RECEIVED Bradley D. Laue 1400 N. 17th Avenue Greeley, CO 80631 (970) 352-4805 RE: Application for Special Review Permit Dear Julie: GREELEY Please find enclosed an Application for Special Review Permit, along with William W. Hughes Bradley D.Laue the documents noted on the County's Special Review Submittal Checklist. The Pamela A. Shaddock documents concerning the septic system for the property are not included. I Jerry D.Winters understand that they have been forwarded to you. Along with this Application is the DENVER $1,100 application fee. It is my understanding that we do not have to include a$500 James W. Bain Stuart N.Bennett investigation fee. I have also included copies of the Special Review Plat Map which Charles F. Brega had been submitted by Stanley Heinze and Louie Fabrizius. You had indicated to me Robert R. Dormer Kathleen M. Flynn that this map would be sufficient. Jennifer S. Fox '^y B. Howard t C.Kaufman This letter will confirm that you indicated to me on the phone last week that S. ott Lasher Ronald S. Loser it is correct for Robert A. Felte and Timothy R. Felte to submit an Application under Jack R. Luellen their names, even when they are not presently the owners of the property. I've also Brian A. Magoon Loren L.Mall included a copy of the contract with the present owners of the property, Stanley E. Glenn Merrick Scott T.Rodgers Heinze and Louie S. Fabrizius. There is an Amendment to the Contract also, and I Jay John Schnell will provide you with a copy as soon as it is signed. You indicated on the phone that COUNSEL you would be processing this Application immediately. Jay W.Enyart If you have any questions, please don't hesitate to call me. One Norwest Center 1 700 Lincoln Street Suite 2222 Sincerely, Denver, CO 80203 Fax: (303) 861.9109 (303) 866-9400 Bradley D. Lau BDL/kja Enclosures pc: Client(w/copies of enc.) EXHIBIT M:\F0670\001\OOILTOOI.BDL ■ United Plaza • 1100 Tenth Street, Suite 402 • P.O. Box 127 •Greeley, Colorado 80632 • Fax (970) 352.6547 • (970) 352-4805 990337 B R E G A & WINTERS P.C. ATTORNEYS AT LAW November 9, 1998 Bradley D. Laue (970) 352-4805 HAND DELIVERED Ms. Julie Chester Weld County Planning and Zoning 1400 N. 17th Avenue GREELEY CO 80631 William Greeley,W. Hughes y, Bradley D.Laue Pamela A. Shaddock Jerry D. Winters RE: Application for Special Review Permit DENVER James W. Bain Dear Julie: Stuart N.Bennett Charles F.Brega Robert R. Dormer As I stated would be forthcoming in my letter of November 6, 1998, enclosed Kathleen M.Flynn Jennifer S. Fox please find ten copies of the Agreement To Amend/Extend Contract between • ^y B. Howard Stanley E. Heinze and Louie S. Fabrizius, as Sellers, and Seeds Unlimited, a t C. Kaufman S .ott Lasher Colorado Limited Liability Company,by Timothy R. Felte, Member, and Robert A. Ronald S. Loser Luellen Felte, individually, and Timothy R. Felte, individually, as Buyers. Jack R. L Brian A. Magoon Loren L.Mall Glenn W. Merrick Please call me if you have any questions. Scott T.Rodgers Jay John Schnell Sincerely, COUNSEL Jay W.Enyart One Norwest Center 1700 Lincoln Street Bradley D. La e Suite 2222 Denver. CO 80203 Fax: (303)861-9109(303) 866-9400 BDL/kja Ce t Enclosures GO`lfik�)A\ �C\�� 4.46 pc: Clients (w/o copies of enc.) O qw Mi80670\001\OO1 LT004.JDW '40 United Plaza• 1100 Tenth Street, Suite 402 • P.O. Box 127 •Greeley, Colorado 80632 • Fax (970) 352-6547 • (970).352-4805 4f 062/)4-A-7 USE BY SPECIAL REVIEW QUESTIONNAIRE This application is for a modification of an existing USR. This explanation to the questionnaire will try to describe the historic use of the property and the use approved pursuant to Special Use Permit No. 1191 (USR 1191) and the Modification of USR 1191 that the Applicant is requesting. 1. The existing facility on the subject property was constructed in the early 1970s. The use has been for farm machinery storage and seasonal storage and processing of onions. An office with a half bath has also been a part of the facility. A farm scale has also been on the property for most of the time since the construction of the building. A USR was also recorded in December 1986 by Harold Tateyama and Sons, the former owner. USR 1191 was granted the present owners, Stanley E. Heine and Louie S.Fabrizius, to manufacture and assemble weed burners and farm crop sprayers and to store, repair, and sell farm machinery in the A (Agricultural Zone) District on the property. The Applicant is requesting that several permitted uses be added to the uses already allowed under USR 1191. The use that Applicant is requesting be added is "the sale of any agricultural product and repair of agricultural machinery, equipment, fixtures, and other items used in the agricultural industry." A contract exists between the present owners of the property, Stanley E. Heine and Louie S. Fabrizius, to sell the property to Robert A. Felte and Timothy R. Felte, who are the Applicants ("Applicant"). The Applicant will then lease the property to Seeds Unlimited, L.L.C. ("Seeds"). The Applicant's lease expires on March 1, 1999 on a building in Ault that it has used to conduct the business it is proposing to use in this facility. The Applicant desires to purchase a building for its business to conduct the uses already approved under USR 1191 and for the requested uses pursuant to this Application. It will be able to terminate its lease before the March 1, 1999 date by giving 60 days' notice to its landlord. The Applicant will operate the facility on or after the date of closing of the purchase of the facility in the same manner that it has operated its business in Ault. The majority of its business is comprised of the sale of agricultural products, including the sale of seeds and the business of seed production, processing, storage, mixing, and blending of seed. Applicant will also be selling agricultural-related products, such as batteries for farm machinery and doing repair on and storing of farm machinery. Its business falls under 31-4; "Uses by Special Review in Agricultural District." Specifically, Applicant's business falls under the uses described in 31.4.2 (farm equipment sales, repair, and installation facilities) and(seed production, processing, storage, mixing, blending and sales). The building for the business is also allowed under 31.3.1. (structures for storage of equipment) and 31.3.5 (office incidental to the operation of the uses). A sign may also be erected that would comply with the provisions of Section 42. Also, Applicant will operate under 31.4.18, allowing an accessory use, i.e. truck loading dock and/or truck scale. Hazardous waste will not occur nor be stored on the property. All set-back requirements are currently in compliance with Weld County Regulations. 990.637 2. Applicant's Application is consistent with the intent of the Weld County Comprehensive Plan. The facility and its use do not adversely impact the agricultural district by uncontrolled or undirected industrial use. The requested modified use will conduct activities (sales and service)pertinent to agricultural production. Farm equipment and the repair and storage of farm equipment and seed production and the sale of seeds and the processing, storage, mixing, and blending of seed is an integral part of agricultural production. The activity is similar to the historic activity for this facility, i.e. farm machinery storage and repair, onion storage and processing, and related office activity. The subject property was taken out of crop production in the early 1970s and has been used for crop and machinery storage, equipment repair, and crop processing since that time. The farm machinery storage and repair and the sale of farm products, such as batteries, will be a small part of Applicant's business, and the sale of agricultural seed will be the majority of the business conducted on the property. The County's goal to promote the development of commercial and industrial use that is directly dependent upon the agricultural industry describes the intended modifications to USR 1191 requested by Applicant. The property is less than one and one-half miles west of Ault, a small agricultural community. The historic access is very easily seen for over a mile either east or west and is located adjacent to Highway 14. These accesses are in compliance with the policies and regulations of the Ag Zone District. There will be no change in the access. No additional cost will be incurred by the public, governments, or neighbors. A residential structure is not contemplated in this Application. 3. This Application is consistent with the intent of the Weld County Zoning Ordinance and the Agricultural District. Since the early 1970s, this facility has been in use for storage, processing and sale of vegetable crops as described in 31.2.4. and 5. and under USR ] 191 has been used for the manufacture and assembly of agricultural weed burners and farm crop sprayers and to store, repair, and sell farm machinery. This facility has also been used as an accessory use in the A District for storage of equipment and agricultural products described in 31.3.1 and incidental office use described in 31.3.5. The Use by Special Review granted back in December 1986 is described in 31.4.2. (agricultural service, sorting, grading and packing vegetables). No new buildings are contemplated to be constructed. As noted above, the uses allowed under USR 1191 are being requested by the Applicant to be allowed to be continued with the addition of seed production, processing, storage, mixing, blending and sales under 31.4.2., plus the additional sale of any agricultural product pursuant to 31.4.2. (grain and feed sales) and any accessory use to those uses under 31.4.18. The sale of any agricultural product and the sale and repair of agricultural machinery, equipment, fixtures and other items used in the agricultural industry will take place entirely within the building or on the property. 2 9905&7 4. The land adjacent to the north, west, east, and south is irrigated farm land with rural residences and various size and degree of farm shops. All uses are in the Agricultural District. Across the road to the southwest is an onion storage facility with two residences, owned by the previous owner of the subject property. Adjacent farmland is owned by the City of Thornton. Crop and machinery"farm shop" sheds are very common for this Ag Zone area. They serve many uses from the storage of machinery or crops to farm repair, maintenance, construction, even miscellaneous manufacturing or fabricating of farm equipment. 5. a. In addition to the two owners, two to ten people will periodically use this facility. b. It is estimated that two of the three owners of Seeds, who are also the Applicant, will be present at the outset and possibly up to ten employees, ten to fifteen years in the future. c. Hours of operation shall be 7:00 a.m. to 7:00 p.m., with 7:00 a.m. to 5:00 p.m. being common. d. There shall be no additional buildings constructed. e. No animals shall be on the site except for occasional pets and/or a couple of cats to keep the mice population in check. f. Normal automobile traffic by employees and customers of Seed's business will access the property. An occasional semi-tractor with trailer shall bring materials to the property. Initially, the two owners of Seeds will ingress, park, and egress numerous times per day. Ultimately, the semi-tractors with trailers may increase to five to ten times per month. Other delivery trucks, i.e. UPS and general supplies, may happen from one to five times per day. g. The Ault Rural Fire Department provides fire protection to the subject property. The subject property is only one and one-half miles from the fire department. h. North Weld County Water District historically provided domestic water to the subject property. This shall continue. The Applicant is splitting the cost of a separate tap for the property with the present property owners. That separate tap will be in place before Applicant purchases the property. There is no irrigation and no need for any irrigation. i. There is an existing operating individual sewage disposal system on the property, and it will continue to be used for the one bathroom. As a portion 3 99063 of the resolution approving USR 1191,the resolution required that the septic structure must be permitted, and prior to that permitting, the septic system was to be reviewed by a Colorado-registered professional engineer. The resolution required that,in the event the system was found to be inadequately sized or constructed, the system be brought under compliance with current regulations. The present owners of the property are endeavoring to comply with this requirement. Applicant is requiring that the present owners of the property bring the system in compliance with current regulations before Applicant purchases the property. It is Applicant's understanding that a report from the Health Department has been submitted to the Planning Department. j. The existing storage and processing shed has been on the property since the early 1970s. It will continue to be used to store and sell seeds, repair of machinery, and do all other functions in compliance with and allowed by USR 1191 and the modification of that permit as requested hereunder. 6. Similar to the requirements in regard to the septic system, the September 30, 1998 Resolution required that the present owners of the property submit to the Department of Planning Services for review and approval a detailed landscape/screening plan. The present owners of the property have indicated to the Applicant that the plan has been submitted to the Planning Department. Applicant has made its obligation to close the purchase of the property contingent on the submission of a landscape/screening plan to the County by the present property owners. 7. Upon completion of the proposed use,machinery and equipment and any agricultrual products which were sold from the building will be removed. Any incidental termination debris will be removed. In the event of any soil contamination, it shall be treated and brought back to normal standards, although that contamination is not anticipated. 8. Similar to the resolution requirements in regards to the septic system and the landscape/screening plan, the present owners of the property are being required by the County to submit a storm water drainage plan to the Department of Public Works for review and approval. Applicant has indicated to the present owners of the property that it will not close the purchase of the property until that storm water drainage plan is approved by the Public Works Department of the County. 9. This site requires no construction. There may be minor remodeling of the interior of the building on the property so Applicant can conduct his business on the property. 10. Waste will be located in a dumpster-type of vessel outside at the northwest corner of the existing large building. There will be some outside storage of agricultural products Applicant may loan or sell to customers and farm machinery which may be sold on consignment. There will not be outside storage of seeds that Applicant may sell. Flammable material will not be stored in the building on the property. Mi\F0670\001\001 M5001.BDL 4 92,03-3 7 ADDENDUM THIS ADDENDUM adds to, modifies, amends, and clarifies the printed Commercial Contract to Buy and Sell Real Estate, to which it is attached, between Seeds Unlimited, a colorado I X limited liability company, as buyer ("Buyer"), and Stanley E. Heinze and Louie S. F{azius, as ll� sellers ("Seller"), and any inconsistency between the Addendum and printed contract shall be governed by this Addendum. {� 1. The purchase price is$225,000.00. Buyer has paid$7,000.00 to North Weld County Water District for the water tap, which sum of$7,000.00 is deemed earnest money and subject to the provisions of paragraph 7. hereafter. After giving Buyer credit for one-half of the $7,000.00 earnest money, or$3,500.00, as provided in paragraph 7. below, the balance of$221,500.00, subject to adjustments and prorations, is payable at closing. 2. This contract is contingent upon Buyer obtaining a loan in an amount and upon terms and conditions satisfactory to Buyer, in Buyer's sole discretion, on or before closing. If such loan is not so obtained by closing, then Buyer may terminate this contract, and Buyer's earnest money of$7,000.00 shall be returned to Buyer. 3. This contract is contingent upon Buyer's obtaining a Use by Special Review Permit from Weld County on or before closing to use the property for the sale of agricultural products and the repair of agricultural equipment, machinery, fixtures and other items used in the agricultural industry. If such permit is not obtained on or before closing, Buyer may terminate this contract, and Buyer's earnest money of$7,000.00 shall be returned to Buyer. 4. Buyer's obligation to close under this contract is contingent upon obtaining an access permit from Weld County and the Colorado Department of Transportation for the uses described in paragraph 2 of this Addendum. 5. This contract is contingent upon obtaining approval by Weld County to use a septic tank and leach field for sewer purposes on or before closing. If such approval is not obtained on or before closing, then Buyer may terminate this contract, and Buyer's earnest money of$7,000.00 shall be returned to Buyer. 6. This contract is conditioned upon obtaining landscaping approval from Weld County on or before closing. If such approval is not obtained on or before closing, Buyer may terminate this contract, and Buyer's earnest money of$7,000.00 shall be returned to Buyer. 7. The parties acknowledge that Buyer has paid$7,000 to the North Weld County Water District in order to purchase a separate water tap. This contract is conditioned upon obtaining this water tap on or before closing. If such water tap is not obtained on or before closing, Buyer may terminate this contract. The parties agree to share the cost of this water tap. If this contract closes, then Buyer will be given credit of$3,500 towards the purchase price. If this contract does not close, 7 99os31 � '>� Seller will pay Buyer$7,000 within ten (10)days after the contract is terminated. Seller will install the water line from the tap to the building at Seller's expense. 8. The property has a steel building and office located upon it. Seller agrees to re-roof the office and install a new drain downspout by the office on or before closing at Seller's expense. 9. Seller will, at Seller's expense, repair the electric overhead door so that it is in good working order on or before closing. 10. Seller warrants that there are three(3)different tenants who each rent a small portion of the north end of the building, who are as foll s: rAQrrxiv5 a. John Embus lease small portion under an oral month-to-month tenancy for the rental sum of$300.00 per month. The rent is payable on the first day of each month, and the month-to-month tenancy runs from the first day of each month to the last day of the month. Js TY b. Paul Pope EntwiS Males a small portion under an oral month-to-month tenancy for the rental sum of.$ O per month. The rent is payable on the first day of each month, and the month-to-month tenancy runs from the first day of each month until the last day of the month. c. Jeff Pope and Jim Pope lease a small portion under an oral month-to-month tenancy for a rental sum of$266.00 per month. The rent is payable on the first day of each month, and the month-to-month tenancy runs from the first day of each month until the last day of the month. Seller warrants that there are no written leases with the aforementioned three tenants and that all are leasing under oral month-to-month tenancies which can be terminated upon ten (10) days' written notice prior to the end of the monthly tenancy. BUYER: SELLER: SEEDS UNLIMITED, a Colorado limited liability company � STANLEY E. HEINZE By ]� V2-, 7r Timoth�te, Member D OUIE S.Toliateffrff8S ✓ FAt3��S M:\F0670\001\001 AD001.JO W 99o37 • • • . - . - Brega & Winters P.C. r�I.-icy Attorneys At Law / United Plaza 1100 Tenth Street Suite 402 Greeley, Colorado 80631 Phone: (970) 352-4805, Fax: (970) 352-6547 THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND TIIE PARTIES SHOULD CONSULT LEGAL AND TAX OR OTIIER COUNSEL BEFORE SIGNING. COMMERCIAL CONTRACT TO BUY AND SELL REAL ESTATE [NEW LOAN[ October d d , 1998 1. PARTIES AND PROPERTY. Seeds Unlimited, a Colorado limited liability company buyer(s) [Buyer], (asjoifliet(aiiA /tga4il‘h/do4 4hI) agrees to buy, and the undersigned sellers) [Seller], agrees to sell, on the terms and conditions set forth in this contract, the following described real estate in the County of Weld ,Colorado,to wit: Lot A of Recorded Exemption No. 0702-10-3-RE902 recorded September 3, 1986 in Book 1126 as Reception No. 02067980, being a part of the Southwest 1/4 of Section 10, Township 7 North, Range 66 West of the 6th P.M. , County of Weld, State of Colorado, containing two (2) acres, more or less. knownasNo. 15415 Colorado Hiahwav 14 Ault Colorado 80610 Street Address City State Zip together with all interest of Seller in vacated streets and alleys adjacent thereto, all easements and other appurtenances thereto, all improvements thereon and all attached fixtures thereon,except as herein excluded (collectively the Property). 2. INCLUSIONS/ EXCLUSIONS. The purchase price includes the following items (a) if attached to the Property on the date of contract: lighting, heating, plumbing, ventilating, and air conditioning fixtures, TV antennas, water softeners, smoke/fire/burglar alarms, security devices, inside telephone wiring and connecting blocks/jacks, plants, mirrors, floor coverings, intercom systems, built-in kitchen appliances, sprinkler systems and controls; (b) if on the Property whether attached or not on the date of this contract: storm windows, storm doors, window and porch shades, awnings, blinds,screens, curtain rods,drapery rods,all keys and (c) air compressor, propane tank, two office desks, two desk chairs, scale house, scale The above-described included items (Inclusions) are to be conveyed to Buyer by Seller by bill of sale at the closing, free and clear of all taxes, liens and encumbrances,except as provided in Section 12. The following attached fixtures are excluded from this sale: none • 3. PURCHASE PRICE AND TERMS.The purchase price shall be S 225, 000. 00 , payable in U.S. dollars by Buyer as I follows: (Complete the applicable terms below.) (a) EarnestMoney S 7,000.00 in the form of (See Addendum) , as earnest money deposit and part payment of the purchase price, payable to and held by (See Addendum attached) ,broker, in its trust account on behalf of both Seller aad Buyer. Broker is authorized to deliver the earnest money deposit to the closing agent, if any, at or before closing. one—half of The balance of$ 221.500 .00 (purchase price lesjearnest money)shall be paid as follows: (b) Cash at Closing S (See Addendum) , plus closing costs, to be paid by Buyer at closing in funds which comply with all applicable Colorado laws, which include cash, electronic transfer funds, certified check, savings and loan teller's check, and cashier's check (Good Funds). Subject to the provisions of Section 4, if the existing loan balance at the time of closing shall be different from the loan balance in Section 3, the adjustment shall be made in Good Funds at closing or paid as follows: (c) New Loan $ (See Addendum) by Buyer obtaining a new loan,This loan will be secured by a( 1st,2nd,etc.) deed of trust. The Loan shall be amortized over a period of years at approximately $ per month including principal ',nil interest not to exceed % per annum, plus, if required by Buyer's lender, a monthly deposit of 1/12 of the estimated annual estate taxes, property insurance premium, and mortgage insurance premium. If the loan is an adjustable interest rate or graduated payment loan, the monthly payments and interest rate initially shall not exceed the figures set forth above. Loan discount points, if any,shall be paid to lender at closing and shall not exceed % of the total loan amount. Notwithstanding the loan's interest rate,the first loan discount points shall be paid by and the balance, if any, shall be paid by Buyer shall timely pay a loan origination fee not to exceed %of the loan amount and Buyer's loan costs. (d) Assumption (OMITTED-INAPPLICABLE] (c) Seller or Private Third-Party Financing. [OMITTED- INAPPLICABLE] NANCING CONDITIONS AND OBLIGATIONS. (a) Loan App lc ' If Buyer is to pay all or part of the purchase price as set forth in 3 by obtaining a new loan or if an existing loan is not to ased at closing, Buyer, if required by such lender, sh e written application within calendar days from acceptance of this co u er shall cooperate with Seller n er to obtain loan approval, diligently and timely pursue same in good faith, execute all documents an I II information ocuments required by the lender, and, subject to Section 3, timely pay the costs of obtaining such loan or lender consent. (h) Loan Approval. If Buyer is to pay all or part purchase price by o new loan as specified in Section 3, this contract conditional upon lender's approval of the new I or before .ot so approved by said date, this contr terminate. (c) Existing Loan Revie TED-INAPPLICABLE] (d) Assum - alance- [OMITTED- INAPPLICABLE] redit Information. [OMITTED- INAPPLICABLE) 5. APPRAISAL PROVISION. (Check one box only.)This Section 5 O shall O shall not apply. The printed portions of this form have been approved by the Colorado Real Estate Commission.(CBS-2-7-96) CBSZ-7.96. COMMERCIAL CONTRACT TO BUY AND SELL REAL ESTATE [NEW LOAN] ReatFAST®Forms.Box 4700,Frisco,CO 80443, Version 5.5.OReaIFAST®. 1998:Reg"CC000L223897 Complete b Jerry D.Winters,Attorney at Law,Brega 8 Wnlers P.C.Attorneys At Law 10/22/98 12:56:25 age 1 Buyer(s) /OS j Seller(s) • If this Section 5 applies; at indicated above, Buyer shall have the sole option and elction to terminate this contract if the purchase price exceeds the Property's valuation determined by an appraiser engaged by Buyer or Buyer's lender The contract shall terminate by the Buyer causing the Seller to receive written notice of termination and a copy of such appraisal or written notice from lender which confirms the Property's valuation is less than the purchase price, on or before closing (Appraisal deadline). If seller does not receive such written notice of termination on or before the appraisal deadline, Buyer waives any right to terminate vier this section. 6. COST OF APPRAISAL. Cost of any appraisal to be obtained after the date of this contract shall be timely paid by Buyer 7. NOT ASSIGNABLE. This contract shall not be assignable by Buyer without Seller's prior written consent. Except as so restricted, this contract shall inure to the benefit of and be binding upon the heirs, personal representatives, successors and assigns of the parties. 8. EVIDENCE OF TITLE. Seller shall furnish to Buyer, at Seller's expense, 0i0h\)%a current commitment for owner's title insurance policy in an amount equal to the purchase price ok\t�llee§ )6 lye 1/4 pl,iO(tc\ NeAt(AVereiMa(A,on or before December 01. 1998 (Title Deadline). If a title insurance commitment is furnished, Buyer may require of Seller that copies of instruments (or abstracts of instruments) listed in the schedule of exceptions (Exceptions) in the title insurance commitment also be furnished to Buyer at Seller's expense. This requirement shall pertain only to instruments shown of record in the office of the clerk and recorder of the designated county or counties. The title insurance commitment, together with any copies oknatitliapp of instruments furnished pursuant to this Section 8, constitute the title documents (Title Documents). Buyer, or Buyer's designee, W ti S lller, in writing, to furnish copies or abstracts of instruments listed in the schedule of exceptions no later than 3 calendar days after Title Deadline. If Seller furnishes a title insurance commitment, Seller will pay the premium at closing and have the title insurance policy delivered to Buyer as soon as practicable after closing. 9. TITLE. (a) Title Review. Buyer shall have the right to inspect the Title Documents or abstract. Written notice by Buyer of unmerchantability of title or of any other unsatisfactory title condition shown by the Title Documents or abstract shall be signed by or on behalf of Buyer and given to Seller on or before 30 calendar days alter Title Deadline, or within five (5) calendar days after receipt by Buyer of any Title Document(s) or endorsement(s) adding new Exception(s) to the title commitment together with a copy of the Title Document adding new Exception(s) to title. If Seller does not receive Buyer's notice by the date(s) specified above, Buyer accepts the condition of title as disclosed by the Title Documents as satisfactory. (b) Matters Not Shown by the Public Records. Seller shall deliver to Buyer, on or before the Title Deadline set forth in Section 8, true copies of all lease(s) and survey(s) in Seller's possession pertaining to the Property and shall disclose to Buyer all easements, liens or other title matters not shown by the public records of which Seller has actual knowledge. Buyer shall have the right to inspect the Property to determine if any third party(s) has any right in the Property not shown by the public records (such as an unrecorded easement, unrecorded lease, or boundary line discrepancy). Written notice of any unsatisfactory condition(s)disclosed by Seller or revealed by such inspection shall be signed by or on behalf of Buyer and given to Seller on or before closing . If Seller does not receive Buyer's notice by said date, Buyer accepts title subject to such rights, if any,of third parties of which Buyer has actual knowledge. s) Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON TIIE TAXABLE PROPERTY WITIIIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCII DISTRICTS MAY BE PLACED AT RISK FOR INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN TIIE INABILITY OF SUCII A DISTRICT TO DISCIIARGE SUCII INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES. BUYER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF TIIE AUTHORIZED GENERAL OBLIGATION INDEBTEDNESS OF SUCH DISTRICTS, EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCII INDEBTEDNESS, AND THE POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located within a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to Seller on or before the date set forth in subsection 9 (b), this contract shall then terminate. If Seller does not receive Buyer's notice by the date specified above, Buyer accepts the effect of the Property's inclusion in such special taxing district(s) and waives the right to so terminate. (d) Right to Cure. If Seller receives notice of unmerchantability of title or any other unsatisfactory title condition(s) as provided in subsection (a) or (b) above, Seller shall use reasonable effort to correct said unsatisfactory title condition(s) prior to the date of closing. If Seller fails to correct said unsatisfactory title condition(s) on or before the date of closing, this contract shall then terminate; provided, however, Buyer may, by written notice received by Seller,on or before closing, waive objection to said unsatisfactory title condition(s). 10. INSPECTION. Buyer or any designee, shall have the right to have inspection(s) of the physical condition of the Property and Inclusions, at Buyer's expense. If written notice of any unsatisfactory condition, signed by or on behalf of Buyer, is not received by Seller on or before March 15. 1999 (Objection Deadline), the physical condition of the Property and Inclusions shall be deemed to be satisfactory to Buyer. If such notice is received by Seller as set forth above, and if Buyer and Seller have not agreed, in writing, to a settlement thereof on or before Closing (Resolution Deadline), this contract shall terminate three calendar days following the Resolution Deadline; unless, within the three calendar days, Seller receives written notice from Buyer waiving objection to any unsatisfactory condition. Buyer is responsible for and shall pay for any damage which occurs to the Property and Inclusions as a result of such inspection. I I. DATE OF CLOSING. The date of closing shall be April 01. 1999 or by mutual agreement at an earlier date.The hour and place of closing shall be designated by jnutual agreement of Buyer and Seller and the title co 12. TRANSFER OF TITLE. Subject to tender or payment at closing as required herein and compliance by Buyer with the other terms and provisions hereof,Seller shall execute and deliver a good and sufficient general warranty deed to Buyer, on closing, conveying the Property free and clear of all taxes except the general taxes for the year of closing, and except Title shall be conveyed free and clear of all liens for special improvements installed as of the date of Buyer's signature hereon, whether assessed ot; except (i) distribution utility easements (including cable TV), (ii) those matters reflected by the Title Documents accepted by Buyer in 6__ordance with subsection 9(a), (iii) those rights, if any, of third parties in the Property not shown by the public records in accordance with subsection 9(b), (iv) inclusion of the Property within any special taxing district, (v)subject to building and zoning regulations. 13. PAYMENTS OF ENCUMBRANCES. Any encumbrance required to be paid shall be paid at or before closing from the proceeds of this transaction or from any other source. 14. CLOSING COSTS,DOCUMENTS AND SERVICES. Buyer and Seller shall pay in Good Funds, their respective closing costs and all other items required to be paid at closing, except as otherwise provided herein. Buyer and Seller shall sign and complete all customary or required documents at or before closing. Fees for real estate closing services shall not exceed $ 150. 00 and shall be paid at closing by one-half by Buyer and one-half by Seller . The local transfer tax of %of the purchase price shall be paid at closing by Buyer (documentary fee) . Any sales and use tax that may accrue because of this transaction shall be paid when due by N/A 15. PROBATIONS. General taxes for the year of closing, based on the taxes for the calendar year immediately preceding closing, rents, water and sewer charges,owner's association dues,and interest on continuing loan(s), if any,and at time of closing . be prorated to date of closing. 16. POSSESSION. Possession of the Property shall be delivered to Buyer as follows: The printed portions of this form have been approved by the Colorado Real Estate Commission.(CBS-2-7-96) CBS2-7-96. COMMERCIAL CONTRACT TO BUY AND SELL REAL ESTATE [NEW LOAN] RealFASTS Forms,Box 4700,Frisco,CO 80443, Version 5.5,OReaiFASTS,1998;Reg*CCOCOL223897 completed by-Jerry D.Writers,Attorney at Lew,Dregs & Winters P.C.Attorneys At Law / p� 8uyer(s"E 10/22/98 08:23:17 e 2/dY Seller(s) 5:7 ` I ' (See Addendum 'attached hereto. ) subject to the following lease(s)or tenancy(s): 'See Addendum attached hereto. ) If Seller, alter closing, fails to deliver possession on the date herein specified, Seller shall be subject to eviction and shall be additionally liable to Buyer for payment of$ 100.00 per day from the date of agreed possession until possession is delivered. 17. CONDITION OF AND DAMAGE TO PROPERTY. Except as otherwise provided in this contract, the Property and Inclusions shall be delivered in the condition existing as of the date of this contract, ordinary wear and tear excepted. In the event the Property shall be damaged by fire or other casualty prior to time of closing, in an amount of not more than ten percent of the total purchase price, Seller shall be obligated to j repair the same before the date of closing. In the event such damage is not repaired within said time or if the damages exceed such sum, this contract may be terminated at the option of Buyer. Should Buyer elect to carry out this contract despite such damage, Buyer shall be entitled to credit for all the insurance proceeds resulting from such damage to the Property and Inclusions, not exceeding, however, the total purchase price. Should any Inclusion(s) or service(s) fail or be damaged between the date of this contract and the date of closing or the date of possession, whichever shall be earlier, then Seller shall be liable for the repair or replacement of such Inclusion(s) or service(s) with a unit of similar size, age and quality,or an equivalent credit, less any insurance proceeds received by Buyer covering such repair or replacement. 15. TIME OF ESSENCE/REMEDIES. Time is of the essence hereof. If any note or check received as earnest money hereunder or any other payment due hereunder is not paid, honored or tendered when due, or if any other obligation hereunder is not performed or waived as herein provided,there shall be the following remedies: (a) IF BUYER IS IN DEFAULT: (Check one box only.) ❑(I) Specific Performance. Seller may elect to treat this contract as cancelled, in which case all payments and things of value received hereunder shall be forfeited and retained on behalf of Seller, and Seller may recover such damages as may be proper, or Seller may elect to treat this contract as being in full force and effect and Seller shall have the right to specific performance or damages,or both. ®(2) Liquidated Damages. All payments and things of value received hereunder shall be forfeited by Buyer and retained on behalf of Seller and both parties shall thereafter be released from all obligations hereunder. It is agreed that such payments and things of value are LIQUIDATED DAMAGES and (except as provided in subsection(c))are SELLER'S SOLE AND ONLY REMEDY for Buyer's failure to perform the obligations of this contract. Seller expressly waives the remedies of specific performance and additional damages. (b) IF SELLER IS IN DEFAULT: Buyer may elect to treat this contract as cancelled, in which case all payments and things of value received hereunder shall be returned and Buyer may recover such damages as may be proper, or Buyer may elect to treat this contract as being in full force and effect and Buyer shall have the right to specific performance or damages,or both. (c) COSTS AND EXPENSES. Anything to the contrary herein notwithstanding, in the event of any arbitration or litigation arising out of this contract, the arbitrator or court shall award to the prevailing party all reasonable costs and expenses, including attorney fees. .9. EARNEST MONEY DISPUTE. Notwithstanding any termination of this contract, Buyer and Seller agree that, in the event of any controversy regarding the earnest money and things of value held by broker or closing agent, unless mutual written instructions are received by the holder of the earnest money and things of value, broker or closing agent shall not be required to take any action but may await any proceeding, or at broker's i or closing agent's option and sole discretion, may interplead all parties and deposit any moneys or things of value into a court of competent jurisdiction and shall recover court costs and reasonable attorney fees. 20. ALTERNATIVE DISPUTE RESOLUTION: MEDIATION. If a dispute arises between the parties relating to this contract, and is not resolved, the parties and broker(s) involved in such dispute (Disputants) shall first proceed in good faith to submit the matter to mediation. The Disputants will jointly appoint an acceptable mediator and will share equally in the cost of such mediation. In the event the entire dispute is not resolved within thirty (30) calendar days from the date written notice requesting mediation is sent by one Disputant to the other(s), the mediation, unless otherwise agreed,shall terminate.This section shall not alter any date in this contract,unless otherwise agreed. 21. ADDITIONAL PROVISIONS: (The language of these additional provisions has not been approved by the Colorado Real Estate Commission). See Addendum attached hereto and made a part hereof. Buyer's attorney 22. RECOMMENDATION OF LEGAL COUNSEL. By signing this document, Buyer and Seller acknowledge that the\\S\114\ 04341ekl\b\`tfal,INI \l"k\nAkY\has advised that this document has important legal consequences and has recommended the examination of title and consultation with legal and tax or other counsel before signing this contract. 23. TERMINATION. In the event this contract is terminated, all payments and things of value received hereunder shall be returned and the parties shall be relieved of all obligations hereunder,subject to Section 19. 214\st"1)l\IN(3,`QolvmAN1onte atom Auiwbo( \hawriNg\b\am\ \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ and its salespersons isAtommthAgom SetlI MvV akj�cks\ty�kkb\s\VhW\he(\ktitikA`tAVk\4tb' 101)\kliVeckWalAl\sb AVAk�Rilbk\Lk4`i�c+c thlaMierVg1 k\yfilv\kgekA)\ sWA IAk\k�r�C\Nk\b]olc\r\ 25. NOTICE TO BUYER. Any notice to Buyer shall be effective when received by Buyer, o\M\laaaax\a;\c`hac)kaa\'j\\Araa \aaa\by\ Sr"n1k k)Q)V\ i ..o. NOTICE TO SELLER. Any notice to Seller shall be effective when received by Seller aai\t\n\g\ao\i1/21,14 27. MODIFICATION OF THIS CONTRACT. No subsequent modification of any of the terms of this contract shall be valid, binding upon the parties,or enforceable unless made in writing and signed by the parties. 28. ENTIRE AGREEMENT. This contract constitutes the entire contract between the parties relating to the subject hereof, and any prior agreements pertaining thereto,whether oral or written, have been merged and integrated into this contract. 29. NOTICE OF ACCEPTANCE: COUNTERPARTS. This proposal shall expire unless accepted in wring>by Buyer and Seller, as evidenced by their signatures below, and the offering party receives notice of such acceptance on or before October 01d . 1998 (Acceptance Deadline). If accepted, this document shall become a contract between Seller and Buyer. A copy of this document may be executed by each party, separately, and when each party has executed a copy thereof, such copies taken together shall be deemed to be a full and complete ' contract between the parties. the printed portions of this form have been approved by the Colorado Real Estate Commission.(CBS-2-7-96) :BS2-7.96. COMMERCIAL CONTRACT TO BUY AND SELL REAL ESTATE [NEW LOAN] lealFAST®Forms,Box 4700,Frisco,CO 80443, Version 5.5.CReatFAST®, 1998;Reg#CCOCOL223897 :ompl_ Jerry D.Winters,Attorney at Law,Braga & Winters P.C.Attorneys At Law �luyer(s) 10/22/98 0623:17 (.. )4115:, Seller(s) O9'6337 tr-1S • Seeds Unlimited, a Colorado limited liability company 20b34 Weld ounp Roa6Q Eat pn, CO 80615 rI BUYER /IQ_ DATE of2.tbBy: Timothy R Fee, Member 'V1l t e� n SELLER DATE /Q/7Y 92 Stanley E. inze c/o Stanle E. Heinze, l3Jt& Weld County Road 80, Ault, CO 80610 SELLER „� /� DATE /tJ -a�_ �3F aL%f�-d_ tanley E. Heinze, �+a0 Wel County Road 80, Ault, CO 80610 t3N47 undersigned Broker(s) acknowledges receipt of the earnest money deposit specified in section 3, and Ing Company -• firms its Broker Relationship as set forth in Section 24. Selling Company By: I Signature Date Listing Company By Ignature Address Date Ph.• Note: Closing Instructions should be signed at the time this contract is signed. I The printed portions of this form have been approved by the Colorado Real Estate Commission.(CBS-2-7-96) ..852-7.96. COMMERCIAL CONTRACT TO BUY AND SELL REAL ESTATE [NEW LOAN) 2ealFAST®Forms,Box 4700,Fdsco,CO 80443, Version 5.5,OReaWFAST®, 1998;Reg#CCOCOL223897 3ompleted by-Jerry D.Wnters,Attorney at Lew,Braga 8 Winters P.C.Attorneys At Law 10/22/98 08:23:17 Page 4 of 4 99G':.‘.)13 .7 • The printed portions of this form have been approved by the Colorado Real Estate Commission.(AE4I-I-94) TI/IS FORM IIAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL AND TAX OR OTHER COUNSEL BEFORE SIGNING. AGREEMENT TO AMEND/EXTEND CONTRACT November 5 19 98 RE:Contract dated October 28 , 19 98 between Seeds Unlimited, a Colorado T.imitad Liahility Company _,(Buyer)and Stanley E. Heinze and Louie S. Fabrizius ,(Seller), relating to the sale and purchase of the following described real estate in the County of Weld Colorado. Lot A of Recorded Exemption No. 0702-10-3—RE902 recorded September 3, 1986 in Book 1126 as Reception No. 02067980, being a part of the Southwest 1/4 of Section 10, Township 7 North, Range 66 West of the 6th P.M. , County of Weld, State of Colorado, containing two (2) acres, more or less. known as No. 15415 Colorado Highway l 4 at I t r l r3 Rnr l n (Property). Street Address City State Zip Buyer and Seller hereby agree to amend the aforesaid contract as follows: I. The date for closing and delivery of deed is changed to , 19 2. The date for furnishing commitment for title insurance policy or abstract of title is changed to , 19 3. The date for delivering possession of Property is changed to , 19 4. The date for approval of new loan is changed to , 19 5. The date for lender's consent to loan assumption or transfer of Property is changed to , 19 6. Other dates set forth in said contract shall be changed as follows: 7. Additional amendments: The Buyers of the property shall be Robert A. Felte and Timothy R. Felte as tenants in common. All other terms and conditions of said contract shall remain the same. Seller Stan ey E. Heinz se Louie S. Fabriz3_u p Date of Seller's signature i/LS / _, 19 98 Dat f S Iler's signal re , 19 98 SEEDS UNLIMITED, a Colorado Limited 51 0411 ry i ity Company `Roflert A. elte inrlywidu ly BBy: //��}y'ri�'�--ss �r .t uyer T3tnothyr R el e, Mef _ auYe'I Timoth R. Celt indiv' wally Date of Buyer's signature tj�/' f _, 19 98 Date of Buyer's signature h 0 f/ J , 19 98 No.AE4I-1-94. AGREEMENT TO AMEND/EXTEND CONTRACT !`^ - 3 3T) �� Bradford Publishing,1743 Wazce St..Denver,CO 80202-(303)292-2500-10-96 (// /q(//)� / Hello