Loading...
HomeMy WebLinkAbout991216.tiff • • RESOLUTION RE: APPROVE IMPROVEMENTS AGREEMENT ACCORDING TO POLICY REGARDING COLLATERAL FOR IMPROVEMENTS (PRIVATE ROAD MAINTENANCE) AND ACCEPT COLLATERAL FOR SANDRA'S VISTA FINAL PLANNED UNIT DEVELOPMENT, S #476 - KERMIT BOHRER 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, on February 25, 1999, the Department of Planning Services staff did approve Final Plan, S #476, for Sandra's Vista, % Kermit Bohrer, 14761 Weld County Road 3, Longmont, Colorado 80501, on the following described real estate, to-wit: Part of the S'/= NWY< of Section 19, Township 3 North, Range 68 West of the 6th P.M., Weld County, Colorado WHEREAS, pursuant to certain Conditions of Approval, 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 Sandra's Vista, % Kermit Bohrer, with terms and conditions being as stated in said agreement, and WHEREAS, the Board has been presented with Irrevocable Letter of Credit #7988567 from First Bank of Longmont, 1707 North Main Street, Longmont, Colorado 80501, in the amount of $37,000.00, and WHEREAS, after review, the Board deems it advisable to approve said agreement and accept said Irrevocable Letter of Credit as stated above, 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 Sandra's Vista, % Kermit Bohrer, be, and hereby is, approved. BE IT FURTHER RESOLVED that Letter of Credit #7988567 from First Bank of Longmont, 1707 North Main Street, Longmont, Colorado 80501, in the amount of $37,000.00, be and hereby is, accepted. C� . 7-)L. Am/. CH 991216 z Pua5? • • IMPROVEMENTS AGREEMENT - SANDRA'S VISTA, % KERMIT BOHRER PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 24th day of May, A.D., 1999. BOARD OF COUNTY COMMISSIONERS LD COUNTY, C OR 0 ATTEST: L� Da K:Hall, Chair Weld County Clerk to t� = ��}` U - � � _ q � arbara J. Kirkmeyer, Pr -Tem BY. ( y. Deputy Clerk to the Bo. .•a Georges. axter A O AS TO FORM: 111/2/ eile unty Attorney AS 991216 '�-1 Qa5)? IMPROVEMENTS AGREEMENT ACCORDING POLICY REGARDING COLLATERAL FOR IMPROVEMENTS 75 3S (PRIVATE ROAD MAINTENANCE) THIS AGREEMENT,made and entered into this 2 j day of sa t`Ptkire ,by and between the County of Weld,State of Colorado,acting through its Board of County Commissioners,hereinafter called "County",and fr' 9i//T "FObiier 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: and:v:ded 9/10ths interest in and to the following'. The South 1 of the Northwest f of Section 19, Township 3 North, Range 68 West of :he its J.M., TOGETHER WITH easement for ingress and egress o r and across the e South 12 t of the South j of the Northwest f of said Section 19, located West of the West bank of the existing North-South drainage ditch: PRCEPrING THEREFROM tractof land c veyed by deed r orded February 4, 1959 in Bonk 1524 at Page 2, being mo a particularly described as follows: That portion of the Si of the NW: of Section 19. Township 3 North. Range 68 West of the 6:h P.M., located East of the West bank of the existing North-South drainage ditch, end more fully described as follows: BEGINNING at a point on the South line of the fish of said Section 17 from which point the West Quarter c e of Section 19 bears South 09.16' West. 6)1.6 feet; thence North 89'16' East along the South Line of said }W1. 192391 feet; thence North 0°6' East. 1321.8 feet along the East line of said N'. to the Northwest corner of the Si of said N5q they a South 89°11' West ISB3.c fees along the Loch line of the Sl of said .PI. thence a Couch 10'02' East 323.6 feet; thence South 23'52' West 96.6 feet; thence Southl']9' ' s t 317.6 feet; thence South 21'44' West 40 feet; thence South iO°18' West 93.2 feet [hence South 52.42' West 84.4 feet; thence South 26'54' west 313.8 feet; thence South 19'43' Wt 324.3 feet; thence South 31°]5' West 221-I feet. more r less, e�;,iLtI MS BEGINNING. and The South 12 feet of the S) of She W: of said s mk n 19, located West of the West bank of the xwmee5naemeiw 5ssaonkxm.waao ecoekxeRsxsvxoquxo L;,o 0 We:d County Road 11, L.i530 Wei Gelarado 80501 / AS, a final subdivision/PUD plat of said property, to be known as 4/'F/� Un (SAa1P /4� (11.571 ) has been submitted to the County for approval; nd WHEREAS, 3�j ' I of the Weld County Subdivision Ordinance 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 Revised 12/95 111111111111111111 HEEL III' III III III (IIIIll( 2698825 06/07/1999 04:13P Weld County CO 1 of 17 R 0.00 D 0.00 JR Sul(' Tsukamoto • 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. 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 aepart 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. 2 Revised 12/95 1111111 11111 111111 1111 1111 III' 1111111 III VIII IIII IIII 2698825 06/07/1999 04:13P Weld County CO 2 of 17 R 0.00 D 0.00 JA Sukt Teukemoto 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 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. r(. (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 prefered 3 Revised 12/95 1111111 11111 111111 11111 11111 III' MIL III 11111 III 11111 2698826 06/07/1999 04:13P Weld County CO 3 of 17 R 0.00 D 0.00 JA Sukl Tsukamoto 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 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: 8.1.1 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" 8.1.2 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. 8.1.3 The applicant may draw from the Letter of Credit in accordance with the provisions of this policy. 4 Revised 12/95 AIM 11111 1111111111111111 IIII 1111111 III 11111 1111 III1 2698826 06/07/1999 04:13P Weld County CO 4 of 17 R 0.00 D 0.00 JR Suki Taukamoto 8.1.4 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 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. 8.1.5 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. �. 8.1.6 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: 8.2.1 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. 8.2.2 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. 8.2.3 A title insurance policy insuring that the Trust Deed creates a valid encumbrance which is senior to all other liens and encumbrances. 8.2.4 A building permit hold shall be placed on the encumbered property. 8.3 Escrow Agreement that provides at least the following: 5 Revised 12/95 1111111 11111 111111 Mtn IIII 1111111 III VIII IIII IIII 2698826 06/07/1999 04:13P Weld County CO 5 of 17 R 0.00 D 0.00 JA Sukl Tsukemoto 8.3.1 The cash in escrow is at least equal to 100% of the amount specified in the Improvements Agreement. 8.3.2 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. 8.3.3 The escrow agent will be a Federal or State licensed bank or financial institution. 8.3.4 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 Transportation Schedule for minimum materials sampling, testing and inspections found in CDOT 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. 6 Revised 12/95 HBO 11111111111 MIME IIII1111111III "III IIII IIII 2898825 08/07/1999 04:13P Weld County CO 6 of 17 R 0.00 D 0.00 JA Suitt Tsuk: moto 9.7 Following the submittal of the Statement of Substantial Compliance and • recommendation of approval of the streets by the County, the 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 15%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 successors 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. 7 Revised 12/95 MIN 1111111111111111 IIII 1111111 III 111111111 IIII 2698825 06/07/3999 04:13P Weld County CO 7 of 17 R 0.00 D 0.00 JR Sukl Tsukamoto BOARD OF COUNTY COMMISSIONERS � COUNTY, COLO D• J Awe e ATTEST: )- p r X 7 : ::: rt .-•Deputy Clerk to the Board - c (05/24/99) APPROVED AS TO FORM: / County Attorney APPLICANT ' ,•'7::? BY: DEC e_i4 -- ' .. (title) Subscribed and sworn to before me this, a, day of , 19'18 r' !` • My gjom� ,s,s,i,o,n,expires: QW—iv4-tdtkY _ 101 I4f WO Notary Public M:FORM\WPRIVATEDB 8 Revised 12/95 111111111111 SHE 1111111111111111III IIIII IIII IIII 2698825 06/07/1999 04:13P Weld County CO 8 of 17 R 0.00 D 0.00 JA Sukl Tsukamoto EXHIBIT"A" I Name of Subdivision: / SFHOOP S V(s in) Filing: A Location: S �z Q /b Lo xi )G73A1,P bs I U l-4 f . Intending to be legally bound, the undersigned Applicant hereby agrees to provide throughout this subdivision and as shown on the subdivision final plat County dated 19 recorded on _, 19 in Book Page No. Reception No. , the following improvements. (Leave spaces blank where they do not apply) ft Estimated Improvements Unit Cost Construction Cost Street grading Street base Street paving 1 OO Curbs, gutters, & culverts /�pa U Sidewalk Storm sewer facilities Retention ponds Ditch improvements —` Subsurface drainage — Sanitary sewers Sanitary sewers Trunk & forced lines -- Mains Laterals (house connected) ( --' On-site sewage facilities -- On-site water supply& storage Water mains-Includes Bore / .A Fire hydrants Survey & street monuments & boxes Street lighting Street name signswE -- Fencing requirements Landscaping — --- Park improvements Road Culvert -- Grass Lined Swale -- Telephone �� ` om- Gas N Electric Water Transfer 00/PC. SUB-TOTAL HIV 11111 111111 IIIII IIIII IIII 1111111 III I'll' Illl IIII 2698826 06/07/1999 04: 13P Wald County CO 9 of 17 R 0.00 D 0.00 JA Suitt Tsukamoto 9 cev,sed 12/95 • Engineering and Supervision CostsCl ---� ��/�'/ 1 (testing,inspection, as-built plans and work in addition to preliminary and final plat;supervision of actual construction by contractors) TOTAL ESTIMATED COST OP IMPROVEMENTS AND SUPERVISION $ i9t ) The above improvements shall be constructed in accordance with all County requirements and specifications, and conformance with this provision shall be determined solely by Weld County, or its duly authorized agent. Said i rovements hall be ornpl according to the construction schedule set out in Exhibit"B". f_ On corporation, to he signed by President and attested to by Secrrettaary, o eethe with corporate seal.) Date. / (//, 19 97 111111 11111 HIE /111111111 IIII 1111111 III 111111 III IIII 2698825 06/07/1999 04:13P Wald County CO 10 of 17 R 0.00 D 0.00 JR Suki 7aukamoto 12 Revised 6/97 Z00 @j %v3 SS:so 66/Z0ib0 EXHIBIT"B" Name of Subdivision: /by rVPUP (5iwvR S D/s )Filing: ' g l Location:3 � /V/1/g ./ / _ Intending to be legally bound, the undersigned Applicant hereby agrees to construct the improvementsshown on the final subdivision plat of Subdivision, dated , 19 Recorded on 19 , in Book , Page No. , Reception No._ ,the following schedule. All improvements shall be completed within 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 y Street base _--71 T d Street paving Curbs, gutters, and culverts Sidewalk Storm sewer facilities Retention ponds Ditch improvements Subsurface drainage Sanitary sewers Trunk and forced lines Mains Laterals (house connected) On-site sewage facilities On-site water supply and storage Water mains (;�(jS Fire hydrants cJ,, vs Survey & street monuments & boxes G Street lighting Street name signs Fencing requirements Landscaping Park improvements Telephone 96,014/5 Gas Electric 9-004tt Water Transfer Sub-Total 3 C " t 111111111111 Hit 1111111111 IIII 1111111 III 111111 III IIII 2698828 06/07/1999 04:13P Wald County CO 11 of 17 R 0.00 D 0.00 JA Suitt Tsukamoto 11 Revised 2195 The County, at its option, and upon the request by the Applicant, may grant an extension of time for completion for any particular improvements shown above, upon a showing by the Applicant that the above chedule cannot b met. (If corporation, to be signed by President and attested to by Secretary, to ether with corporate sPal.) Date: , I9 m:vmm'apivme.db • I MOO IIIII 111111 /11111/111 IIII NIB III 111111 III IIII 2698825 06/07/1999 04:13P Weld County CO 12 of 17 R 0.00 D 0.00 JR Suit! Tsukamoto 12 Revised 12/95 CREEKSIDE NURSERY Nursery Address: 14600 Riverdale Rd., Brighton, CO 80601 Business Office: 4330 West 37th Avenue 13 2 7 4 DENVER, COLORADO 80212 DATE Nursery Phone: (303) 654.0881 /-Y-1-11 ORDER NO it q Nursery FAX: /y((30,3)) , 654.0118 SHIP TO TO o �_. 1 3"/l, 0.442, ly74nf (41Jd Can , nd3 Le-7)--r-1 Ott- c2 F 1Os5o 7 SALESPERSON DATE SHIPPED - 1 7 SHIPPED V /0 F.O B`P`OINT TERM1I5� D`/� QUANTITY a'/'Jlr// /Ova' /� C DESCRIPTION /�/� �� S y� UNIT PRICE h[`TOTAL CR /1 PO GtiU4 61 iC "" . 7�k ( F( 01 , 5 75 C� (/Vt. 007tn'tuiced if/3/' it PAuivzuo✓1 ^mil iwet- - /7 hem a c�l� /Lent en) 7a s { 3600 OZ) ` - 37_ /3 7 , 5O ) o • 133 1 111111 111 11111 11111 11111 IIII 1111111 III 111111 III IIII 2898825 06/07/1999 04:13P Weld County CO 13 of 17 R 0.00 D 0.00 JA Suki Tsukamoto • Terms And Conditions f Sale:Cash,check or credit card,without established credit. Invoices are mailed as Incurred and are net payable In 30 days.A finance harge of 1'h%per month(18%annual rate)will be collected on past due accounts.Customer shall be responsible for all reasonable fees relating to the collection of the pest due accounts. A $25.00 charge will be assessed on any returned checks. All stock is guaranteed to e true to name and variety. If stock proves to be otherwise,CREEKSIDE will not be liable for any amount greats, than the original purch se price.No other guarantee is expressed or implied. ! I t'°Fleyrder can C 91.4 lea,,,! _ e . REPNER Dana Kepner Company, Inc. 3701 Canal Drive (970)462-3311 Fort Collins,CO 80524 Fax(970)482-3389 IOC Vendor Invoice Date Order II OWN 649367-11 PD Date PD 1 Page 1 03/18/99 KEENIT DOER/IQ 1 Sill To: CA9I ,$ - FT CD110E Correspondence To: Dana Kepner Coapany, loc. /n2S 788 Alcott Street flip Tot CFOS SUS- FT COLITIS "f `.• .2 "400410,1/44..,< '.. HERMIT! '' ..'r, ; . ()VI T,. Itv,4 tlyr : pt. tetot i � l 04141 MA 1,133, Yal"�� Net 3$Days £' ,. ' rifts 1Y1. • 9 `ir1 gied,44 ?r , .rntjAira ft, Shari Ai Nu.li 'rid,-.aativ,9, r4 : .74 e • Prodat et ,. } loaatitp' rlltaat}t}I/ a Gwntitp p!T{,3 liltst 1 Win' Discount a; oont 4 Pad Destriptslld n" ; Mired to. 3iiilkd" 1%'7 '"MS' Slsr- Multiplied`; tl y<r!{1 t '4 'I 17%151 i 'i b1JS1 ' t o l PCS ' 2.91 Itt iv? t # 6a ."..'''11' '. a y4".-, +. 'ak 6 ,, -t, ni'i rzi I t s d ' vki ,Ili-r, Y SV,40 '1, (' 6ytp iianf ' ' .t (yg;i yyq rYr. , ?ii:E'l� B Ii i, 4 "#. �', r w ° A�D /i do •' 1+417 l 4. ' : r4a 1+ Ax na Mq .� 4 a •.1:o-,.1, rtih n i?- u t c'! S Slat T ,i -.A. ' Y i y ' . it � ,.. o-. � , a ° s��° fit asst 1utTra ''t." • I RM r s a t {, h err,;. i i. { rc,#pyx A' Mwrijrqa -1 .4+' , U .m, "' .-te fiat t 'rib dup,s491nf;diti ,,4 { "vR7. se r ° <n" ' • " r*amTtlel„ r r sd yd � x , n ,Itrflftt q? S :,,,Iti.a /7. ,_ `-e 8!Dr ilti,I'.'14, ...1\ 'lib A A..., . - ii...7 e.,,t,:::' , - i .hit„...! ''c.•,.:..,2,,,a, ,.., 0 Sii.--- � T.s�Rl t" ax „µ*'Vi AID 11111 III 1111111111 IIII 1111111 III IIIIII III IIII 2698825 06/07/1999 04:13P Weld County CO 14 of 17 R 0.00 D 0.00 JA Sukl Tsukamoto Last Pap , C , NEPNER , Docvue4 ,rder,Adieorrledieoentr 1K Vendor Invoice Date Order 1 I s MINI , 6849888-e1 Cost is 688N1 PD Date PD B Pale i 84/86/99 KERMIT/ IX 3184 1 Bill Ti, MI MS- FT COLLINS Correspondence Tes Dana Kepner Company, Inc. , O st 7411 Alcott Street I I. Denver, CO B12M 4au. t Ship In, ,CA9I BALES- FT CQLIRS,, ,,InsVI tions ,P,9i v'.4 ' .4',i4'b.' dly s�, i p., •r , 11i_' , IUI1T IMi41FA;. 9 4 E i* ' ;, W4i i " , N "',?t . (I hd i4 1st..•i ., .rte f it f:1IS11 CUFF ffF AAY 66,t, . ,Nip Pli4l) ,.' d , I KIM'S z ; t Shipp's', Tens 1.0601(, CD, „ ,' 'rn 7,,p, Dace Koper C 1Md,. Plctu} 3 fA 0s mi,,„ 4r Net 38 Days • ,Daui.'Jil. n. •. ✓ 'M1 '@94%! Lw,3d.i„9 ,tKPr4i. .ia 4Ya.J ❑'I:. +•C: ;, � ttill''''' 4 "1'1;4161; , 1; f I 4l M v„111 sce •prooa4lta uant�l�y quantity , ity , y licit y+ l Price Oisceunt •, Point Ln41 rail DRa}TjPties i s4* 41 i. Ordered , P.O. • Shipped ,JM ,;. Pr 301 IB6 Multiplier , j' (Ili) Nan„ it Y • •2>o•2>oal 7,e. I.. 1 d r 3 .' —MOP 'r. . , '. „ il++' ., t , ' Atlii, i0 SAVE VP( unfit pm' " it Y'i f', s (''i` A i»1; 1/ 2 43D1uti•ttVI P I�:: 't.thV(a,i ' O /,4 329A1 PCS LWt ' 659.x! HI It li'NUNN, oa, '� ' Iir4 i 1,,"•. 13 + 1,. r$4'%14,Q I , MI i 3 1a416Ir1DW,i +�'' ;. w 'p Iri I , , 1V9 ,V' L "1 ' ,i �' u, 9C7�y y��� yh�yyy311`)11 +pi iIEY„e4F1t J.4 - Iaieirt4k Y`CjI W n`OSA4'y i '471 ,4_i]�I Ik�`t , �2 8 _) ` , {. i3; M.. ,ith 0, may, ` tau r+YIe , $ 6'.f .1f a• ' dsi • bit.Ifr ®Ti .t t i` I , r� -1, sthie DMIr^,dblf ".,ea &' f.t E r v s,{ti# a 3 r,i„, .+N- 5951T t .,sort , ; sia k amsr. 12 TARCER MI . e ' o ca Il b 13N51.d6r,.,q,- ,„a 2 ihi. 1 '-.4r.,2 44 6.A3 f,./wont u,,, L .NN,i 247. 11, to ,.,in as i'UD1-ire ail AIL&• , , •'`'n , i' gerar'.-51`,jm %Ike..a 't sth' r•r i ••s s r ,3,7 311116E 1 lE1I E nunuPIPEfi6I A 1.51 I'. T.04444r r I natu ; c ' 'b •.; Syr Oil a m l . � . , 4a I 4 its 21.21 ' PC$S' 4'LII 4+I.N .c;.9� IS 511* il1K NT}0111i1 AEST m . ,0 4 SIT'F N �ns.1i , i al 14-- 9y�r I, rl;�"15F�� yy�. , . '�,,IB,,.. . li 1' t bfr. �. 1 -. O ,,x; � h 1F 7"ysS i +" u4jj- `Xr, troi�Prtt m:it — tr45 1„ . , "w ,aia,j NiHtris ., ILIAa:., P hgu.s L 21.61 mph 9 5-1/4' Ym.VE BOX DI9 L0, M{WEED ' ' ii+,i it ,; 'u.+,u e . • n,i ,'IP "— . 15 561Pt' 6191L' .' na 11111 ' 'S t..s.tvrur.i t exi? 995.11', PCB ,e9 IN 1998.11 a v maw menu SID 5'6' ppfc 251 ItlJW l,`'(4'' '^, vTi ,rn,n 'Ixv.•.4,•' ,;0 in>E 6 co ii ' Ill, 3.111Y, SS IOUs N/BEATIEASIIIEL/ Fr`a .;c PAIN re il/WHITE CAPS i IERhER41IEL1 ' • •, —i is n c c - 9 Lines Total My Shipped Total 2818 Total 3847.21 3 c % \ Taxes 2a o o `rlN\ r Invoice Total ( 3991. Weld County, Colorado` — - IRREVOCABLE $ /�' LETTER OF FirstBank Of Longmont CREDIT 1707 North Main Street Longmont CO 80501 (303)772-5500 "LENDER" ADDRESS 1400 North 17Th Greeley, CO 80631 NO.: 7988567_TELEPHONE NO. IDENTIFICATION NO. (970) 353-6100 CUSTOMER EXPIRATION DATE -I Kermit O. Bohrer This Letter of Credit shall expire upon the earlier of: 1. the close of business on April 22, 200 0 and all drafts and accompanying statements or documents ADDRESS must be presented to Lender on or before that time; or 14761 Weld County Road #3 2. the day that Lender honors a draw under which the full Longmont, CO 80501 TELEPHONE NO. ;IDENTIFICATION No amount of this Letter of Credit has been drawn. Lender hereby establishes at the request and for the account of Customer, an Irrevocable Letter of Credit in favor of Beneficiary for a sum of .. Thirty Seven Thousand and no/100 -- — -- -- __..-- ----- --- -. -- ----.. . __.Dollars ($ 37_,_000.00 These funds shall be made available to Beneficiary upon Lender's receipt from Beneficiary of sight drafts drawn on Lender at Lender's address indicated above (or such other address that Lender may provide Beneficiary in writing) during regular business hours and accompanied by the signed written statements or documents indicated below. WARNING TO BENEFICIARY: PLEASE EXAMINE THIS LETTER OF CREDIT AT ONCE. IF YOU FEEL UNABLE TO MEET ANY OF ITS REQUIREMENTS, EITHER SINGLY OR TOGETHER, YOU SHOULD CONTACT THE CUSTOMER IMMEDIATELY TO SEE IF THE LETTER OF CREDIT CAN BE AMENDED. OTHERWISE,YOU WILL RISK LOSING PAYMENT UNDER THIS LETTER OF CREDIT FOR FAILURE TO COMPLY STRICTLY WITH ITS TERMS AS WRITTEN. 1. DRAFT TERMS AND CONDITIONS Lender shall honor drafts submitted by Beneficiary under the following terms and conditions: Each draft must bear upon its face the clause "Draw under Letter of Credit No. 798-8567, dated April 22, 1999, of FirstBank of Longmont" . Each draft must be accompanied by a statement by a duly authorized officer of Weld County stating that this draw is in connection with funds needed for the account of Kermit O. Bohrer. TIED 11111111111 HEEL HIM III (III Weld County Planning Dept. 2698825 06/07/1999 04:13P Weld County CO 16 of 17 R 0.00 D 0.00 JA Suki Tsukamoto rcAftV A 1999 Upon Lender's honor of such drafts, Lender shall be fully discharged of its obligations undrihrirriThitrnilishall not be obligated to make any further payments under this Letter of Credit once the full amount of credit ii I r ICredit has been drawn. If a non-conforming demand is made, Lender shall notify Beneficiary of its dishonor on or before the time specified in Paragraph 5 below. Beneficiary shall have no recourse against Lender for any amount paid under this Letter of Credit once Lender has honored any draft or other document which complies strictly with this Letter of Credit, and which on its face appears otherwise in order but which is signed, issued, or presented by a party or under the name of a party purporting to act for Beneficiary, purporting to claim through Beneficiary, or posing as Beneficiary without Beneficiary's authorization. By paying an amount demanded in accordance with this Letter of Credit, Lender makes no representation as to the correctness of the amount demanded and Lender shall not be liable to Beneficiary, or any other person, for any amount paid or disbursed for any reason whatsoever, including, without limitation, any nonapplication or misapplication by Beneficiary of the proceeds of such payment. By presenting upon Lender or a confirming bank, Beneficiary certifies that Beneficiary has not and will not present upon the other, unless and until Beneficiary meets with dishonor. Beneficiary promises to return to Lender any funds received by Beneficiary in excess of the Letter of Credit's maximum drawing amount. 2. USE RESTRICTIONS All drafts must be marked"DRAWN UNDER _.FirstBank_Of Longmont IRREVOCABLE LETTER OF CREDIT NO. 7988567 DATED April 22, 1999 ," and the amount of each draft shall be marked on the draft. Only Beneficiary or Beneficiary's Transferee (if this Letter of Credit is transferable) may complete a draft and accompanying statements or documents required by this Letter of Credit and make a draw under this Letter of Credit. This original Letter of Credit must accompany any draft drawn hereunder. Partial draws I__I are permitted [XI are not permitted under this Letter of Credit. Lender's honor of a partial draw shall correspondingly reduce the amount of credit available under this Letter of Credit. Following a partial draw, Lender shall return this original Letter of Credit to Beneficiary with the partial draw noted hereon; in the alternative, and in its sole discretion, Lender may issue a substitute Letter of Credit to Beneficiary in the amount shown above, less any partial draw(s). 3. PERMITTED TRANSFEREES LJ If checked,this Letter of Credit may be transferred by Beneficiary upon prior written notice to Lender of the transfer. The Transferee shall be deemed the new Beneficiary of this Letter of Credit and the documents of the Transferee, including drafts required under this Letter of Credit, will be processed by Lender(or any intermediary) without the original Beneficiary's intervention and without any further obligation of Lender to the original Beneficiary. [xi If checked,the right to draw under this Letter of Credit shall be nontransferable,except for: A. A transfer (in its entirety, but not in part) by direct operation of law to the original Beneficiary's administrator, executor, bankruptcy trustee, receiver, liquidator, successor, or other representative at law; and B. The first immediate transfer (in its entirety, but not in part) by such legal representative to a third party after express approval of a governmental body(judicial, administrative, or executive). MASTee2((IFormAbon Technologies,Inc. (9/3/96) (800)9373799 4. TRANSFEREE'S REQUIRED DOCUMENTS When the presenter is a permitted Transferee under paragraph 3 above,the documents required for a draw shall include: A. All documents required elsewhere in this Letter of Credit, except that such documents may be in the name of and executed by either the original Beneficiary or the presenter permitted by paragraph 3; and J B. When the presenter is a permitted Transferee under paragraph 3.A. or a third party under paragraph 3.B., a certified copy of the one or more documents which show the presenter's authority to claim through or to act with authority for the original Beneficiary. P 5. TIMING OF DISHONOR Lender may rely upon any reason for dishonor which it communicates to Beneficiary or the presenter within three(3) Banking Days after Lender has received the last document forming Beneficiary's presentment(the"Three-Day Period"). Lender shall be entitled to rely upon such reason without regard to either (i) the timing of any presentment made before the Expiration Date, or (ii) the timing inside the Three-Day Period of any preliminary communication(s) from Lender concerning the dishonor decision or any reason for dishonor. For any reason for dishonor given during the Three-Day Period, Lender shall be conclusively deemed to have met the "reasonable time", "without delay", and other timing requirements as the Uniform Customs and Practice for Documentary Credits, 1993 Revision, ICC Publication No 500, as most recently published by the International Chamber of Commerce (the "UCP") may impose. The Expiration Date shall not be extended to accommodate a presentment made less than three (3) Banking Days before the Expiration Date, and Beneficiary shall not be entitled to submit a draw request or provide Lender with any documents in support of a draw after the Expiration Date. Lender shall not be required to communicate a dishonor decision or its reasons within a time less than the Three-Day Period. "Banking Day"means any day, except Saturday, on which commercial banks located in__Colorado___... are open. 6. COMPLIANCE BURDEN Lender is not responsible for any impossibility or other difficulty in achieving strict compliance with the requirements of this Letter of Credit precisely as written. Beneficiary understands and acknowledges: (i) that unless and until the present wording of this Letter of Credit is amended with Lender's prior written consent, the burden of complying strictly with such wording remains solely upon Beneficiary; and (ii) that Lender is relying upon the lack of such amendment as constituting Beneficiary's initial and continued approval of such wording. 7. NON-SEVERABILITY If any aspect of this Letter of Credit is ever declared unenforceable for any reason by any court or governmental body having jurisdiction, Lender's entire engagement under this Letter of Credit shall be deemed null and void ab initio, and both Lender and Beneficiary shall be restored to the position each would have occupied with all rights available as though this Letter of Credit had never occurred. This non-severability provision shall override all other provisions in this Letter of Credit, no matter where such provision appears within this Letter of Credit. 8. CHOICE OF LAW/JURISDICTION This Letter of Credit is subject to the UCP. This Letter of Credit shall be governed by and construed in accordance with the laws of the State of _..Colorado , United States of America, except to the extent such laws are inconsistent with the UCP. Lender and Beneficiary consent to the jurisdiction and venue of any court selected by Lender in its discretion located in the State of Colorado in the event of any legal proceeding under this Letter of Credit. 9. EXPIRATION . Lender hereby agrees with Beneficiary that drafts drawn under and in compliance with the terms of this Letter of Credit will be duly honored if presented to the Lender on or before the Expiration Date. Dated: April 22, 1999 LENDER: FarstBank df,.7Oot�gmgnt Jeffreys Senior Vice President ENDORSEMENT OF DRAFTS DRAWN: Amount Amount Date Negotiated By In Words In Figures HBO 11111111111 MIME Ell IIIIIII III BB III IIII 2698825 06/07/1999 04:13P Weld County CO 17 of 17 R 0.00 D 0.00 JR Suit! Tsukemoto C cc 0 m uJ H 0 H Lu W O 0 MAST6029 FormArlon Technologies,Inc. (9/3/961 (Boni 937 3799 ftz MEMORANDUM IITO: Board of County Commissioners May 12, 1999 COLORADO From: Eric Jerman Planner SUBJECT: S-476 Kermit Bohrer Sandra's Vista Final PUD Located East of and adjacent to WCR 1 and approximately 1/2 mile North of State Highway 66 this PUD Final Plan proposes Five residential lots. Staff approved the Final Plan in an administrative review on February 25, 1999. Department of Planning Services staff, the Department of Public Works, and the Weld County Attorney's office has approved the Improvements Agreement. The Department of Planning Staff requests that the Board of County Commissioners accept the Improvements Agreement and the Letter of Credit for Sandra's Vista, S-476 PUD Final Plan. 991216 Hello