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HomeMy WebLinkAbout981333.tiff COLLINS AND COCKREL, - PAUL R.COCKREL _ TELEPHONE �r ATTORNEYS AT LAW raj ' ' JAMES P.COLLINS ;.,. (_r i?r� t '� (303)986-1551 390 UNION BOULEVARD,SUITE 400 .f ROBERT G.COLE DENVER,COLORADO 80228-1556 PAUL C.RUFIEN JUL 0 6 1998 VATS .` (800)i54-5941 July 1, 1998 \. /- FLED COUNT', TELEFAX r14O c,i N Ey's , °(303)1986-1755 E-MAIL CandC PC c@aol.com Board of County Commissioners Weld County , 915 Tenth Street — Post Office Box 1948 f.72Greeley, Colorado 80632 L;.; r -- RE: Beebe Draw Farms Metropolitan District / Notice of Intent to Undertake Activities Dear Commissioners : In accordance with the provisions of Section 32-1-207 (3) (b) , C.R. S . , the Beebe Draw Farms Metropolitan District hereby gives you notice of its intention to undertake various activities relating to the construction, contracting, and financing of District improvements for Phase 1 of Filing 1, Beebe Draw Farms and Equestrian Center, as more fully set forth in the Public Notice enclosed herewith. For your information, District representatives have previously discussed the proposed activities with the County staff . The District improvements identified in the attached Schedule of Project Costs are necessary to serve Phase 1 . Certain improvements, such as the gatehouse, Beebe Draw Farms Parkway, administration building, and water distribution system, are needed for Phase 1 but will actually benefit all development within the District . The District improvements being undertaken for Phase 1 are consistent with the District Service Plan previously approved by the County. Although some time has elapsed since the approval of the Service Plan, the Schedule of Project Costs illustrates that the present project costs are well within or comparable to the original estimate of project costs for Filing 1 as set forth in Table No. 2 of the Service Plan. Further, the total financing /� 981333 BDFMD\LTR\BOCC-PUB.NOT COLLINS AND COCKREL, P.C. Board of County Commissioners Weld County July 1, 1998 Page 2 costs for Filing 1 will be less than the amount originally estimated under Table No. 9 of the Service Plan. The District intends to begin construction of the public improvements for Phase 1 immediately. Before construction is commenced for public improvements to serve other phases in Filing 1 or Filing 2 , the District intends to file modifications to the Service Plan, which will make the Service Plan more current, in accordance with Section 32-1-207, C.R. S. Among other matters, the District will propose the establishment of other districts for major development phases to assure the economic viability of the Service Plan. It is anticipated that the modified Service Plan will be processed with the County within the next several months . If you have any question regarding the Notice or other matters, please advise. Thank you for your consideration. Sincerely, Paul R. Cockrel Attorney for Beebe Draw Farms Metropolitan District /ab Enc. cc : (w/enc . ) Clerk of the District Court, Greeley, Colorado Lee D. Morrison, Assistant County Attorney Beebe Draw Farms Metropolitan District PUBLIC NOTICE BEEBE DRAW FARMS METROPOLITAN DISTRICT Notice is hereby given pursuant to Section 32-1-207 (3) (b) , C.R. S. , that the Beebe Draw Farms Metropolitan District intends immediately to undertake the following activities : (i) construction of various public facilities, including roads, drainage, landscaping, water distribution system, gatehouse, administration building and related improvements ("Improvements" ) for Phase 1 of Filing 1, Beebe Draw Farms and Equestrian Center in Weld County, Colorado, costing approximately $1, 888, 070; (ii) contracting for the construction or acquisition of such Improvements; and (iii) issuance of bonds or other financial obligations of the District to pay the costs of such Improvements and related expenses in accordance with prior voter authorizations . Any action to enjoin such activities as a material departure from the District Service Plan must be brought within forty-five days from the publication of this Notice. By order of the Board of Directors of Beebe Draw Farms Metropolitan District with notice to the District Court and Board of County Commissioners of Weld County, Colorado. Publish one time on July 9, 1998. 5,1 3 33 BDFMDOUBLIC.NOT BEEBE DRAW FARMS METROPOLITAN DISTRICT SCHEDULE OF PROJECT COSTS - FILING 1 Phase 1(1) Other(2) Total Water On-Site $256,435 $641,015 $817,450 Off-Site 259,064 -0- 259,064 Total $515,499 $641,015 $1,156,514 Streets Roads /Drainage $727,189 $1,345,307 $2,072,496 Landscaping 32,000 251,000 283,000 Miscellaneous 18,391 40,334 58,725 Contingency (5%) 46,629 101,832 148,461 Total $824,209 $1,738,473 $2,562,682 Buildings Gatehouse/Admin. $496,000 $ -0- $496,000 Landscaping 52,362 -0- 52,362 Total $548,362 $ -0- $548,362 Recreation Marina $ -0- $230,000 $230,000 Equestrian Center $ -0- 174,000 174,000 Rec. Center/Facilities $ -0- 350,000 350,000 Total $ -0- $754,000 $754,000 TOTALS $1,888,070 $3,133,488 $5,021,558(3) (1) Phase 1 in Filing 1 includes 32 lots (2) Other Phases in Filing 1 include another 156 lots, totaling 188 lots. (3) Includes engineering and related costs. July 1, 1998 qyi 33 bdfind\costs.mem Hello