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HomeMy WebLinkAbout20240636.tiffRESOLUTION RE: APPROVE PARTIAL RELEASE OF COLLATERAL, ACCEPT WARRANTY COLLATERAL, AND AUTHORIZE CHAIR TO SIGN FOR USE BY SPECIAL REVIEW PERMIT, USR19-0063 - LAZY TWO RANCH, LLC, AND DUANE AND LYNN ROSS, CIO CONNELL RESOURCES, INC. 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 January 15, 2020, the Weld County Board of Commissioners approved the application of Lazy Two Ranch, LLC, 1035 37th Avenue, Greeley, Colorado 80634, and Duane and Lynn Ross, 10375 County Road 118, Carr, Colorado 80612, c/o Connell Resources, LLC, 7785 Highland Meadows Parkway, #100, Fort Collins, Colorado 80528, for a Site Specific Development Plan and Use by Special Review Permit, USR19-0063, for Open Mining (sand, gravel and stone) and processing of minerals, including a portable concrete and asphalt batch plant, mine office/scale house and scale, a fueling/lubricating station, portable generators, mobile mining equipment parking and storage and employee parking in the A (Agricultural) Zone District, on the following described real estate, being more particularly described as follows: E1/2 SW1/4 and NW1/4, W1/2 SW1/4 of Section 11, Township 10 North, Range 67 West of the 6th P.M., Weld County, Colorado WHEREAS, on April 11, 2022, pursuant to certain Conditions of Approval, the Board accepted an Improvements and Road Maintenance Agreement According to Policy Regarding Collateral for Improvements between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Lazy Two Ranch, LLC, and Duane and Lynn Ross, c/o Connell Resources, Inc., with further terms and conditions being as stated in said agreement, to include collateral in the form of Performance Bond #107519500 issued by Travelers Casualty and Surety Company of America, One Tower Square, Hartford, Connecticut 06183, in the amount of $474,801.50, and WHEREAS, staff from the Weld County Departments of Public Works and Planning Services have conducted a visual inspection and recommend a partial release of said collateral by accepting a Bond Rider to be attached to and form a part of Performance Bond #107519500, thereby reducing the amount of collateral to be retained as warranty collateral as related to offsite safety improvements, from $474,801.50 to $71,220.22, and WHEREAS, after review, the Board deems it advisable to accept said warranty collateral in the form of a Bond Rider as stated above, copies of which are attached hereto and incorporated herein by reference. 4950976 Pages: 1 of 2 03/25/2024 12:25 PM R Fee:$0.00 Carly Koppes, Clark and Recorder, Weld County , CO CC:PL.(ER/MW/DA/sr 4/KR/M./Ko) 2024-0636 PL2729 04/12/24 PARIAL RELEASE OF COLLATERAL AND ACCEPT WARRANTY COLLATERAL (USR19-0063) - LAZY TWO RANCH, LLC, AND DUANE AND LYNN ROSS, C/O CONNELL RESOURCES, INC. PAGE 2 NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that project collateral in the form of Performance Bond #107519500 through Travelers Casualty and Surety Company of America, in the amount of $474,801.50, be, and hereby is, reduced, and that warranty collateral in the form of a Bond Rider, attached to Performance Bond #107519500 through Travelers Casualty and Surety Company of America, in the amount of $71,220.22, be, and hereby is, accepted. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said Bond Rider. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 13th day of March, A.D., 2024. BOARD OF COUNTYSIIMMISSIONERS WELD COUN ATTEST: da:/wo�, Weld County Clerk to the Board Perry L. Bt k, Pro-Tem Mike , reeman ounty Attorney Date of signature: o3/IK/z-1 4950976 Pages: 2 of 2 03/25/2024 12:25 PM R Fee:$0.00 Carly Koppes, C1.rk and Rscord�r, Weld County , CO VIII N���19 I�� II I kE 4��4�Ihi�rW�4+lti'��k L Yoh 11111 2024-0636 PL2729 7f4-3 BOARD OF COUNTY COMMISSIONERS PASS -AROUND REVIEW PASS -AROUND TITLE: BOCC Agenda Item — Partial Release of Collateral through Acceptance of Warranty Collateral Bond Rider for: Lary Two Ranch, LLC, and Duane and Lynn Ross, do Connell Resources, Inc — USR19-0063 DEPARTMENT: Planning Services DATE: February 13, 2024 PERSON REQUESTING: Jazmyn Trujillo -Martinez Brief description of the problem/issue: The Department of Planning Services received a request from Connell Resources, Inc, requesting that the Board of County Commissioners accept the Warranty Collateral for Lazy Two Ranch, LLC, and Duane and Lynn Ross, do Connell Resources, Inc in the amount of $71,220.22. Project Collateral In the amount of $474,801.50 is currently being held in the form of a Performance Bond and Warranty Collateral will be held in the form of a Bond Rider to be attached to the original' Bond Number 107519500 in the amount of $71,220.22 and us required to be held for the duration of the two-year warranty period which began on August 11th, 2022. Weld County Planning Services and Public Works Departments performed a site inspection, at the above -mentioned site, and observed the following: • All items on Exhibit C, of the improvements Agreement According to Policy Regarding Collateral for Improvements Document Tyler #2022-1071, have been completed and are found to be acceptable. • County Attorney's Office has reviewed the Improvements Agreement and Collateral requirements and recommends this partial release of collateral. What options exist for the Board? (include consequences, impacts, costs, etc, of options): 1. Have this BOCC Hearing item be placed on the next available agenda as part of the Regular Agenda. 2. Have this BOCC Hearing Item be placed on the next available agenda as part of the Regular Agenda. 3. Have this BOCC Hearing item not placed on the next available agenda as neither part of the Consent Agenda nor the Regular Agenda. Weld County Collateral List: Lazy Two Ranch, LLC and Duane and Lynn Ross, c/o Connell Resources, Inc. USR19-0063, (PL2729, #2022-1071) Improvements and Road'Mainteriance Agreement Approved 04/11/2022-- Contract ID 5709 Performance Bond #107519500 issued through Travelers Casualty and Surety Company of America on behalf of Connell Resources, -Inc • $474,801.50 Consequences: • The new development can pay their way for the improvements required by the -new development on the County Roadways, or the County will be required to pay for the improvements required by the new development. • Impacts: • Traffic related to the new development warrants the requirement of certain safety improvements and new development with high traffic volumes impacts the County Road systems and causes wear and tear more quickly than normal traffic volumes. Costs (Con -ant Fiscal Year / Ongoing or Subsequent Fiscal Years): ■ County will hold Warranty Collateral should the County need to draw on it in order to complete the work required. No direct costs for the County by supporting the recommendation. Recommendation: The Departments of Planning Services, Public Works, and the County Attorney's Office are recommending approval of the partical release of collateral through acceptance of Warranty Collateral Bond Rider for Lazy Two Ranch, LLC, and Duane and Lynn Ross, c/o Connell Resources, Inc — USR19-0063. Support Recommendation Schedule Place o OCC Agenda Work Session Other/Comments: Perry L. Buck, Pro-Tem Mike Freeman Scott K. James Kevin D. Ross, Chair Lori Saine 2024-0636 313 PL2-729 CONNELL Connell Resources Inc. 7785 Highland Meadows Pkwy., #100 Fort Collins, CO 80528 Tel 970/223-3151 Fax 970/223-3191 To: Development Review Weld County Planning Services 1402 N 17th Avenue Greeley, CO 80631 (970) 400-3736 Attn: Ms. Dawn R Anderson Letter of Transmittal Date: February 7, 2024 Job No. 2211007 Re: USR19-0063 - Lazy Two Ranch, LLC WE ARE SENDING YOU: I] Attached ❑ Under separate cover ❑ via overnight mail/regular mail/pick up the following items: SUB. AGREE. PLANS, BOND COPY OF LETTER CHANGE ORDER SAMPLES SPECIFICATIONS SUBMITTAL X COPIES DATE NO. DESCRIPTION 2 02/06/24 1 Performance Bond Rider — USR19-0063 Reducing Bond THESE ARE TRANSMITTED as checked below: ❑ For approval ❑ Approved as submitted ❑ Resubmit copies for approval Q For signature ❑ For your use ❑ Approved as noted ❑ Submit copies for distribution ❑As requested ❑ Returned for corrections Q Return 1 original for our records ❑ For review and comment ❑ FOR BIDS DUE 20 ❑ PRINTS RETURNED AFTER LOAN TO US REMARKS: Enclosed please find 2 original bond riders reducing the bond premium for the Lazy Two Ranch, LLC project. USR 19-0063. Please sign and return 1 original for our records. Copies to: File signatureJennifer e n n ife r Lindblad If enclosures are not as noted, kindly not( us at once. c --Ac 3-/s,24 TRAVELERSJ RIDER To be attached to and form part of Bond No. 107519500 Issued on behalf of Connell Resources, Inc. Travelers Casualty and Surety Company of America One Tower Square, Hartford, CT 06183 License No. N/A Board of County Commissioners of Weld County, Colorado It is agreed that: 0 I. The Surety hereby gives its consent to change the Name: from: to: as Principal, and in favor of as Obligee. 0 2. The Surety hereby gives its consent to change the Address: from: to: ❑X 3. The Surety hereby gives its consent to change the bond amount from: $474,801.50 to: 871,220.22 This rider shall become effective as of 08/11/2022 PROVIDED, however, that the liability of the Surety under the attached bond as changed by this rider shall not be cumulative. Signed, sealed and dated 02/06/2024 Travelers Casualty and Surety Company of Amriffa.. , K'Anne E. Vogel Attorney -in -Fact Accepted: Board of County Commissioners of Weld County, Colorado or Conn Resn rces, Inc. Obli By: U By: Kevin D. Ross, Chair MAR 1 3 2024 S-4111 (8/66) Prt w John M. Warren, President o1.Oa� OG.3��v� TRAVELERST Travelers Casualty and Surety Company of America Travelers Casualty and Surety Company St. Paul Fire and Marine Insurance Company Farmington Casualty Company POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, St. Paul Fire and Marine Insurance Company, and Farmington Casualty Company are corporations duly organized under the laws of the State of Connecticut (herein collectively called the "Companies"), and that the Companies do hereby make, constitute and appoint Donna L. Adams, Ashley K. Anderson, Barbara J. Arnold, Timothy J. Blanchard, Lynn Christine Bosman, Mary Ann Eurich, Vickie Golobic, Andrew P Walters, Nikki M. Mosbrucker, Terri: L. Reese, Robert Charles Torrez, Christina L. Townsend, K'Anne E Vogel, Nicole Lee McGuire, and Jennifer J. Walker of Denver, Colorado, their true and lawful Attorney -in -Fact to sign,execute, seal and acknowledge any and all bonds, recognizances, conditional undertakings and other writings obligatory in the nature thereof on behalf of the Companies in their business of guaranteeing the fidelity of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any actions or proceedings allowed by law, including the following bond: Surety Bond No.: 107519500 OR Principal: Connell Resources, Inc. Project Description: Obligee: Weld County IN WITNESS WHEREOF, the Companies have caused this instrument to be signed, and their corporate seals to be hereto affixed, this 21st day of April, 2021. State of Connecticut City of Hartford ss. On this the 21st day of April, 2021, before me personally appeared Robert L. Raney, who acknowledged himself to be the Senior Vice President of each of the Companies, and that he, as such, being authorized so to do, executed the foregoing instrument for the purposes therein contained by signing on behalf of said Companies by himself as a duly authorized officer. IN WITNESS WHEREOF, I hereunto set my hand and official seal. fa N6fAR' �i to My Commission expires the 30th day of June, 2026 By: 'obert L. Raneylenior Vice President nna P. Nowik, Notary Public This Power of Attorney is granted under and by the authority of the following resolutions adopted by the Boards of Directors of each of the Companies, which resolutions are now in full force and effect, reading as follows: RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President, any Vice President, any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary may appoint Attomeys-in-Fact and Agents to act for and on behalf of the Company and may give such appointee such authority as his or her certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds, recognizances, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking, and any of said officers or the Board of Directors at any time may remove any such appointee and revoke the power given him or her; and it is FURTHER RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President may delegate all or any part of the foregoing authority to one or more officers or employees of this Company, provided that each such delegation is in writing and a copy thereof is filed in the office of the Secretary; and it is FURTHER RESOLVED, that any bond, recognizance, contract of indemnity, or writing obligatory in the nature of a bond, recognizance, or conditional undertaking shall be valid and binding upon the Company when (a) signed by the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President, any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary and duly attested and sealed with the Company's seal by a Secretary or Assistant Secretary; or (b) duly executed (under seal, if required) by one or more Attomeys-in-Fact and Agents pursuant to the power prescribed in his or her certificate or their certificates of authority or by one or more Company officers pursuant to a written delegation of authority; and it is FURTHER RESOLVED, that the signature of each of the following officers: President, any Executive Vice President, any Senior Vice President, any Vice President, any Assistant Vice President, any Secretary, any Assistant Secretary, and the seal of the Company may be affixed by facsimile to any Power of Attorney or to any certificate relating thereto appointing Resident Vice Presidents, Resident Assistant Secretaries or Attorneys -in -Fact for purposes only of executing and attesting bonds and undertakings and other writings obligatory in the nature thereof, and any such Power of Attorney or certificate bearing such facsimile signature or facsimile seal shall be valid and binding upon the Company and any such power so executed and certified by such facsimile signature and facsimile seal shall be valid and binding on the Company in the future with respect to any bond or understanding to which it is attached. I, Kevin E. Hughes, the undersigned, Assistant Secretary of each of the Companies* do hereby certify that the above and foregoing is a true and correct copy of the Power of Attorney executed by said Companies, which remains.in full force and effect. Dated this 6th day of February , 2024 . evin E. Hughes, Assis ant Secretary To verify the authenticity of this lbwerofAtforney, please call us at 1-800-421-3880. Please refer to the above -named Attorney -in -Fact ar. the details of the bond to which this Power of Attorney is attached. January 31, 2024 DEPARTMENT OF PLANNING SERVICES DEVELOPMENT REVIEW DIVISION 1402 N. 171" AVENUE GREELEY, CO 80631 E -Mail: drandersonWweld_gov PHONE: (970) 400-3736 Mr. John Warren Connell Resources 7785 Highland Meadows Parkway #100 Fort Collins, CO 80528 Mr. Warren, This letter shall serve as notification for your two-year warranty commencement date of August 11, 2022, for safety improvements to the Weld County Road 21. These improvements were required prior to operations for approved land use case USR19-0063, Lazy 2 Ranch LLC. It will be the responsibility of the developer/owner to contact Weld County Planning Services Department prior to August 11, 2024, for a final walkthrough in advance of warranty release. Feel free to contact me with any additional questions at dranderson@weld.gov or 970-400-3736. Sincerely, • Dawn R. Anderson Development Review Manager Contract Form Entity Information Entity Name * Entity ID * CONNELL RESOURCES, INC @00004953 Contract Name PARTIAL RELEASE OF COLLATERAL THROUGH ACCEPTANCE OF WARRANTY COLLATERAL BOND RIDER USRI 9-0063 CONNELL RESOURCES LLC Contract Status CTB REVIEW ❑ New Entity? Contract ID 7853 Contract Lead * JTRUJILLOMARTINEZ Contract Lead Email jtrujillomartinez@weldgo. v.com Parent Contract ID Requires Board Approval YES Department Project # Contract Description PARTIAL RELEASE OF COLLATERAL THROUGH ACCEPTANCE OF WARRANTY COLLATERAL BOND RIDER USR1 9- 0063 CONNELL RESOURCES LLC WARRANTY COLLATERAL IN THE AMOUNT OF $71,220.22 IS REQUIRED AND HAS BEEN PROVIDED IN THE FORM OF A BOND RIDER TO BOND NO. 10751 9500 Contract Description 2 ISSUED BY TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA Contract Type* Department AGREEMENT PLANNING Amount* $71,220.22 Renewable NO Automatic Renewal Grant IGA Department Email CM- Planning@weldgov.com Department Head Email CM-Planning- DeptHead@weldgov.com County Attorney GENERAL COUNTY ATTORNEY EMAIL County Attorney Email CM- COUNTYATTORNEY@WEL DGOV.COM Requested BOCC Agenda Date 03/04/2024 Due Date 02/29/2024 Will a work session with BOCC be required?* NO Does Contract require Purchasing Dept. to be included? NO If this is a renewal enter previous Contract ID If this is part of a MSA enter MSA Contract ID Note: the Previous Contract Number and Master Services Agreement Number should be left blank if those contracts are not in OnBase Contract Dates Effective Date Termination Notice Period Contact Informatbn Contact Info Review Date* 03/04/2025 Committed Delivery Date Renewal Date Expiration Date* 03/04/2026 Contact Name Contact Type Contact Email Contact Phone 1 Contact Phone 2 Purchasing Purchasing Approve- Purchasing Approved Date Approval Process Department Head ELIZABETH RELFORC DH Approved Date 02/26/2024 Final Approval BOCC Approved BOCC Signed Date BOCC Agenda Date 03/13/2024 Finance Approver CHERYL PATTELLI Legal Counsel BRUCE BARKER Finance Approved Date Legal Counsel Approved Date 02/26/2024 02/27/2024 Tyler Ref # AG 031324 Originator JTRUJILLOMARTINEZ RESOLUTION RE: APPROVE IMPROVEMENTS AND ROAD MAINTENANCE AGREEMENT ACCORDING TO POLICY REGARDING COLLATERAL FOR IMPROVEMENTS, AUTHORIZE CHAIR TO SIGN, AND ACCEPT OFF -SITE COLLATERAL FOR USE BY SPECIAL REVIEW PERMIT, USR19-0063 - LAZY TWO RANCH, LLC, AND DUANE AND LYNN ROSS, CIO CONNELL RESOURCES, INC. 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 January 15, 2020, the Weld County Board of Commissioners approved the application of Lazy Two Ranch, LLC, 1035 37th Avenue, Greeley, Colorado 80634, and Duane and Lynn Ross, 10375 County Road 118, Carr, Colorado 80612, c/o Connell Resources, LLC, 7785 Highland Meadows Parkway, #100, Fort Collins, Colorado 80528, for a Site Specific Development Plan and Use by Special Review Permit, USR19-0063, for Open Mining (sand, gravel and stone) and processing of minerals, including a portable concrete and asphalt batch plant, mine office/scale house and scale, a fueling/lubricating station, portable generators, mobile mining equipment parking and storage and employee parking in the A (Agricultural) Zone District, on the following described real estate, being more particularly described as follows: E1/2 SW1/4 and NW1/4, W1/2 SW1/4 of Section 11, Township 10 North, Range 67 West of the 6th P.M., Weld County, Colorado WHEREAS, pursuant to certain Conditions of Approval, the Board has been presented with an Improvements and Road Maintenance Agreement According to Policy Regarding Collateral for Improvements among the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, Lazy Two Ranch, LLC, and Duane and Lynn Ross, c/o Connell Resources, Inc., with further terms and conditions being as stated in said agreement, and WHEREAS, the Board has been presented with Performance Bond #107519500 issued by Travelers Casualty and Surety Company of America, One Tower Square, Hartford, Connecticut 06183, in the amount of $474,801.50, and WHEREAS, after review, the Board deems it advisable to approve said agreement and accept said Performance Bond 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 and Road Maintenance Agreement According to Policy Regarding Collateral for Improvements among the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, Lazy Two Ranch, LLC, and Duane and Lynn Ross, c/o Connell Resources, Inc., be, and hereby is, approved. 482e0998 Pates i of 8ti 114lZzl20n 1e:db API R F..:sl.AA Cu'ty Kaecaa, GI.rk uW p.aord.r, wio Caw+tr , Co cc:PL(,4/snlrmyes yiw) 6/I7/z2- 2022-1071 PL2729 IMPROVEMENTS AND ROAD MAINTENANCE AGREEMENT (USR19-0063) - LAZY TWO RANCH, LLC, AND DUANE AND LYNN ROSS, C/O CONNELL RESOURCES, INC. PAGE 2 BE IT FURTHER RESOLVED that Performance Bond #107519500 issued by Travelers Casualty and Surety Company of America, in the amount of $474,801.50, be, and hereby is, accepted. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 11th day of April, A.D., 2022. BOARD OF COUNTY COMMISSIONERS WE$D COUNTY, COLORADO ATTEST: daW/f0�� tt K. James, Chair We4 County Clerk to the Board 4820090 Fapa: 2 of 69 eery i.at an R Rot:Os.ee Wrly �, Cl•rN arwi R�oord�r, Wld County•CO III FalklaWilate11411.0111104114 II II 2022-1071 PL2729 O HUB 3/15/2022 Weld County, Colorado 1150 O Street Greeley, CO 80632 HUB International Colorado 2000 Colorado Blvd., Tower II, Suite 150 DenverS. , CO 0222 Toll Free:(888)795-0300 hubInternational.aom RE: Connell Resources, Inc. Bond No.: 107519500 Project: Weld County Road 21 Lazy Two WCR 21 Improvements Suhdiviston Bond - Permit No. USR18-0063. Bond Amount $474,801.50 To Whom It May Concern: As the contract for this project has not yet been dated, this letter is to inform you that you have the authority to insert the Contract Date on the above mentioned bond and Power of Attorney. Please remember the signed and sealed date indicated on the bonds cannot be prior to the contract date. The date must be on or after the contract date. The date on the Power of Attorney must also match the signed and sealed date of the bond. Feel free to contact me directly should you have any questions. Respectfully, nakk O HUB Christina L. Townsend AVP, Surety Account Executive HUB International Colorado Office: 719-884-0723 Mobile: 719-258-0421 Toll -free: 800-748-2400 Fax: 866-290-9290 chrlstina.townsend hubinternational. PERFORMANCE BOND FOR BOARD OF COUNTY COMMISSIONERS OF MELD COUNTY, COLORADO Bond No. 107519500 ENOW ALL PERSONS BY THESE PRESENTS, that (name) Connell Resources, Inc. , (address) 7785 Highland Meadows Parkway, *100, Fort Collins, CO 80528 , a (oorporation, limited liability company, etc.) Corporation , organized under the laws of the State of Colorado , with its principal office located at (address) 7785 Highland Meadows Parkway, 0100, Fort Collins, CO 8O528 , hereinafter called "Principal', and (name of surety) Travelers Casualty and Surety Company of America , of (address of surety) One Tower Square, Hartford, CT 06183 , hereinafter called "Surety" are held and firmly bound unto Board of County Commissioners of Weld County, Colorado, on behalf of Weld Count,, Colorado, hereinafter called "Obligee" in the full and penal sum of Four Hundred Seventy Four Thousand Eight Hundred One Dollars and Fifty Cents ($ 474,801.50 ), lawful money of the United States for the payment of which well and truly made, we bind ourselves, our heirs, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the above -bound Principal has obtained or is about to obtain from the Obligee a land use permit, namely (insert the specific permit and number - USR, SPR etc.) USR19-OO63 , and pursuant to the requirements of said permit, has entered into an improvements Agreement, dated( j((420, , with Obligee, and WHEREAS, The Improvements Agreement requires Principal to obtain a performance bond in an amount equal to the total cost of the improvements for which Principal is responsible and naming Obligee as beneficiary, and WHEREAS, the value of improvements for which Principal is responsible equals Four Hundred Seventy Four Thousand Eight Hundred One Dollars & Fifty Cents, (0 474,001.50 ), and WHEREAS, at completion of the Project Collateral phase of the Agreement, the amount of this Bond shall be reduced, by rider, to 15$ of the original amount throughout the Warranty Collateral phase of the Bond, and shall be held in total by the County for two (2) years following its written acceptance of the improvement(s). NOW, 1HEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if Principal shall well, truly and faithfully perform its duties, and all of its undertakings, covenants, terms, and conditions as set forth in the Improvements Agreement, and if Principal shall satisfy all claims and demands set forth in said agreement, and shall fully indemnify and s,ve harmless Obligee from all costs and damages which it may suffer by reason of Principal's failure to perform as agreed, and shall reimburse and repay Obligee all outlay and expense which Obligee may incur in making good any default, then this obligation shall be null and void; PROVIIED FURTHER, that if Principal shall default in any of its obligations set forth in the Improvements Agreement, and thereafter fail to fully indemnify and save harmless Obligee from all costs and damages which it may suffer by reason of said default, this obligation shall remain in full force and effect; PROVICE D FURTHER, regardless of the number of years this Bond is in force, or the number of continuation certificates issued, the liability of the Surety shall not be cumulative in amounts from period to period and shall in no event exceed the amount set forth above, or as amended by rider; PROVIEED FURTHER, that Surety, for value received hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Improvements Agreement to the work to be performed thereunder, shall in any way affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Improvements Agreement. PROVIDED FURTHER, this bond is NONCANCELLABLE, and shall renew annually automatically, from the date of this bond until its release by Obligee, to guarantee that Principal shall well, truly and faithfully perform its duties, and all of the undertakings, covenants, terms, and conditions set forth in the Improvements Agreement, and any extensions thereof which may be granted by Obligee with or without notice to Surety. The parties to this Performance Bond acknowledge that through the Improvements Agreement, Obligee reserves the right to require Principal to obtain a different Performance Bond from a financial institution other than Surety in the event that the rating of Surety by AM Best falls below a B+ rating. IN WITNESS WHEREOF, this itrument is exeCUt d in four (4�, counterparts, each one of which shall be deemed an original, this -_ day of Lw / , ,:W4 Connell Res (PRINCIPA Princip 1 Sec etary/Witne Margie Lewis, Assistant Secretary By: Nam. =nd Title John M. Warren, President 7785 Highland Meadows Pkwy, $100 Fort Collins, CO 80528 Address Travelers Casualty and Surety Company of America (SURETY) By: Christina L. Town Attorney -in -Fact 2000 S. Colorado Blvd, Tower 2,1150 One Tower Square Denver, CO 80222 Address Hartford, CT 06183 Address ''Z�}i:u�iYty company executing bond must appear on the Treasury Department's most .`;�GtJrrent i} Circular 570 as amended) and be authorized to transact business in the ,��$t�3t�•oP;.Cd�orado. Bondmust be accompanied with Attorney -in Fact's authority from the surety company certified to include the date of the bond. TRAVaERe Travelers Casualty and Surety Company of America Travelers Casualty and Surety Company St. Paul Flre and Marine Insurance Company Farmington Casualty Company POWER OF ATTORNEY KNOW ALL NEN BY THESE PRESENTS: That Trav teas Casualty and Surety Company of Amer., Travelers Caraway and Surety Company, St Petri Fero and Marine Newnan.* Company, and Farmington Casualty Company are corporations duly organized tinder the laws of the State of Camnsdieut (hen oncalf*dhwiy called Ma Companies"), ml that O+e camped*s do hereby make, cone.. and apps Dew L Adams, Mhky K A0d0m , Barbara J. Annid, Timothy J. Bfa dram Lynn Christine Sow , May Ann Emrich Vkkie Oefobt, Andrew P Wafte s, N d p, Moabrrraker Terri L R see helot Cherie. Torras, Christ. L Townsend, MAnne E Vogel, Nicole Lee MOM, and Jennifer J. Waster of Dower, Colorado, their"due and lawhd Atbmey40.FFactto sign,execute, sad and ad0rowtedge a 0yand ell bads, recognizances, conditional undertakings and other writings obligatory In the nature thereof on behaff of the Companies in ttdr business of guaranteeing the Mete" of persons, gueranteekrg tits performance of contracts and exacting or guaranteekrg bonds 8 d undertakings metrirad a parmltted in osY *.lens Or Prot +ups altowed by law. including the folowing bond: SusofyBond No.: 107519500 DR Principal: Connell Resources, Inc. ProJeouS..oriptan: Obligee: Weld County IN WITNESS 914EREOF, the Companies have caused this instrument to be signed, and their corporate seals to be hereto affixed, this 21st day of April, 2021. State of Connecticut City of Hartfor. ss. On this the 21st day of April, 2021, before me personally appeared Robert L, Raney, who acknowledged himself to be the Senior Vice PresWaM of each of the Companies, and that he, as such, being authorized so to do, executed the foregoing instrument for the purposes therein contained by signing on behaff of Said Companies by himself as a duly authorized officer, IN WITNESS WHEREOF, I hereunto set my hand and official seal. My Commie's. expires the 30th day of June, 2026 By: _ L r, : melon Vice President �4n �i tai L nor P. Nowik, Notary Public This Power of Attorney is granted under and by the authority of the following resolutions adopted by the Boards of Directors of each of the Companies, which resolution are now in full force and effect reading as rams: RESOLVE...that the Chairman, the Presided, any Vice Chairman, any Executive Vice President, any Senior Via President any Vice President any Second Vice -President the Treasurer, any Asstate nil Treasurer, the Corporate Sec etery or any Mdstsnt Secretory may appoint Attorneys n -Fact and Agents to actlor and an behalf of fie Company and may give such appointee ouch authority ea his or her cart l°.te of autlsority may prescribe b sign watt the Company's name end Beet with the Company, seal fronds, recognizance*, contract* of indemnity, and other writings abpgalay In the nature of a band, recognizance, or conditional b sdertakktg, and any of said others or the Board of Dkedots et any trine may remove any such appointee and revoke the paver given him or her; and t is FURTHER IESOLVED, that the Chairman, the President any Vice Cheimun, any Executive Vic* President any Senior Vice President many Vice President may delegate al or any pert of the foregoing authority loon* or more officers or employees d Ws Company, psovWsd that each such detegatlon la i wrluktg and ■ copy thereof is fled In the office of t,. Sacreury; and It is FURTHER RESOLVED, that any bond, recognizance, contract of indemnity, or writing obagatary in fa nature of a band, recognizance. «conditional undertaking dal be vald end binding upon the Company when (a) signed by the President any Vice Chairman, any Executive Vice President any Senior Vie President or any Vie President, any Second V. President the Treasurer, any Ambntant Treasurer, the Corporate Secretary or any Ass t. Swetary and duty attested and seated wish the Carmany. seal by a Secretary or Assistant Secretary; or (b) duly executed (under seal, if a required) by ere orot keno q nut aN Agents pursuant howpower prescribed In Ns or her tara0cate ortrok certificate, of autaNy or by one Is FURTHER MOWED, that the sipsebon of each of hero Mowing officers: President any Executive Vie Preekdes, any senior Vice President any Vice Presides, any Assistant Vice President, any Secretary, any Assistant Secret, and the seal of the Company may be affixed by facsimile to any Power of Atlarney orb any °*epic.. relating thereto appointing Reddent Vise Presidents, Resident hoisted Secretaries or Attorneys -in -Fact for purposes Duty of executing and attesting bands end undertaldng* and other writings obligatory In the nature thereof, and any such Power of Attorney or cent icete bearing such facsimile nbaradxe or facsimile wished be vald and binding upon the Company and any such power so executed and certified by such facantb signature and facsirrite seal shall be valid and binding on the Company In the future whin respect to any bond or understanding to which it Is attached. I, Kevin E. Hughes, the undersigned, Assistant Secretary of each of the Companies, do hereby certify that the above and foregoing is a true and correct copy of the Power of Atonhey by said Companies, which remains In full force and effect. Dated this /J day 00 , 2022 . E. Hughes, Secretary ethentlally of this Power of Attorney, please call us at 1-8004214880. Attorney-h+•Faot and the details of the bond to which this Power of Attorney is attached. BOARD OF COUNTY COMMISSIONERS PASS -AROUND REVIEW PASS -AROUND TITLE: BOCC Agenda Item - Approve Improvements and Road Maintenance Agreement for: Lazy Two Ranch, LLC, and Duane and Lynn Ross, do Connell Resources, Inc. — USR19-0053 DEPARTMENT: Planning Services DATE: March 29, 2022 PERSON REQUESTING: Jazmyn Trujillo -Martinez Brief description of the problem/issue: • The Department of Planning Services received a request from the applicant, Connell Resources, Inc., requesting that the Board of County Commissioners consider approving the Improvements and Road Maintenance Agreement for (USR19-0063). Collateral In the amount of $474,801.50, Is required with this agreement for off -site improvements. Collateral has been provided In the form of Perfonnance Bond, Bond No. 107519500, Issued by Travelers Casualty and Surety Company of America, One Tower Square, Hartford, Connecticut 06183. Weld County Planning Services, Public Works, and the County Attorney's Office have reviewed the above mentioned signed original document and observed the following: • All Public Works related items, of the *Improvements & Road Maintenance Agreement According To Policy Regarding Collateral For Improvements', are found to be acceptable. • This Agreement complies with the terms of the Use by Special Review Permit Resolution, as signed by the Board of County Commissioners. What options exist for the Board? (include consequences, impacts, costs, etc. of options): 1. Have this BOCC Hearing item be placed on the next available agenda as part of the Consent Agenda. 2. Have this BOCC Hearing Item be placed on the next available agenda as part of the Regular Agenda, Recommendation: Option 2. The Departments of Planning Services, Public Works, and the County Attorney's Office are recommending approval of the Improvements & Road Maintenance Agreement According To Policy Regarding Collateral For improvements fo - - --+ . and that this item be placed on the next regularly scheduled BOCC Hearing, as part of th egular Agenda. Schedule Work Session Other/Comments. Perry L. Buck Mike Freeman, Pro-Tem Scott K. James, Chair Steve Moreno Lori Seine 2022-1071 Karla Ford From: Sant: To: Subject: AMP' ae Tuesday, March 29, 2022 11:43 AM Karla Ford IRE ' e s ply G,C,P' w 5lti9:0063eittC»onnelltResources, l c Lori Seine Weld Countyzommissioner, District 3 1150 O Street PO Box 758 Greeley CO ®632 Phone: 970400-4205 Fax: 970-33.7233 Email: lsaine0)weldaov,conn Website: yuww,co.weld.co.us In God We Trust Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person ar entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. From: Karla ford <kford@weldgov.com> Sent: Tuesday, March 29, 2022 11:04 AM To: Lori Seine <Isaine@weldgov.com> Subject: Please Reply BOCC PA REVIEW - USR19-0063 - Connell Resources, Inc. Importance: High Please advise if you approve recommendation. Thank yowl Karla Ford I Executive Assiskint & Office Manager, Board of Weld County Commissioners 1150 0 Street, P.O. Box 758, Greeley, Colorado 80832 970.338-7204_: kkollftelgjoaln :: www,weldgov.corf .. "Please note roy working hours are Monday -Thursday 7:00a.m.•5:00p.m." IMPROVEMENTS & ROAD MAINTENANCE AGREEMENT ACCORDING TO POLICY REGARDING COLLATERAL FOR IMPROVEMENTS Lazy Two Ranch, LLC, and Duane and Lynn Ross, o% Connell Resources, Inc. — USR19-0063 THIS AGREEMENT is made this �� day of 202 by and between Lazy Two Ranch, LLC, 1035 37th Avenue, Greeley, Colorado 80634, Duane and Lynn Ross, 10375 CR 118, Y Carr, Colorado 80612, c/o Connell Resources, LLC, 7785 Highland Meadows Parkway, #100, Fort Collins, Colorado 80528, a corporation organized under the laws of the State of Colorado, hereinafter referred to as "Property Owner," authorized to do business in the State of Colorado, and the County of Weld, a body corporate and politic of the State of Colorado, by and through its Board of County Commissioners (BOCC), whose address is 1150 "O" Street, Greeley, Colorado 80631 hereinafter referred to as "County." WITNESSETH: WHEREAS, Property Owner is the owner of the following described property in the County of Weld, Colorado: El/2 SW1/4 and NWl/4, W1/2 SW1/4 of Section 11, Township 10 North, Range 67 West of the 6th P.M., Weld County, Colorado hereinafter referred to as "the Property," and WHEREAS, Property Owner has received Board of County Commissioner approval of USR19-0063, and WHEREAS, Property Owner acknowledges that the final approval of USR19-0063 is conditional upon Property Owner's funding and/or construction of the off -site improvements and road maintenance described in this Agreement and depicted in the following incorporated exhibits: Exhibit A-1— Off -Site Costs of Construction Exhibit B-1 - Off -Site Construction Schedule Exhibit C-1 — Construction Plans Exhibit A-2 — Future Improvements Costs of Construction, to be attached, if/when triggered, pursuant to Part I, B.3.0, below Exhibit B-2 — Future Improvements Construction Schedule, to be attached, if/when triggered, pursuant to Part I, B.4.0, below Exhibit C-2 - Future Construction Plans, to be attached if/when triggered, pursuant to Part I, B, below Exhibit D — Plat Map Exhibit E — Right -of -Way Map provided by Weld County, and WHEREAS, Property Owner acknowledges they may not operate as described in USR19-0063 until said improvements have been completed and accepted by County, and WHEREAS, Property Owner acknowledges that pursuant to the provisions of Weld County Code Section 23-2-290, the failure to commence construction of the improvements outlined herein within three (3) years of the approval of USR19-0063 may result in the revocation or suspension of USR19-0063, upon consideration and order of the Board of County Commissioners, and Lazy Two Ranch, LLC, and Duane and Lynn Ross, c/o Connell Resources, Inc. — USR19-0063 - OFFSIA2o-0002 Page 1of14 Pyn: 21,41:S11. of N 2022 10:00 0 0 Faa:f11.00 Curly Kowa, Clark wd Moon. , .1d County , CO y»il�Oki tI III WHEREAS, the parties agree that the Property Owner shall provide collateral for of site improvements, as required by this Agreement, when the Board of County Commissioners approves this Agreement. WHEREAS, Weld County has researched the Right -of -Way for the proposed paving and associated road mprovements for approximately one (1) mile, between CR 126 and CR 124 on CR 21. No additional acquisition of Right -of -Way will be required for these improvements. The Right -of -Way for this segment of CE 21 is described in Weld County Road Books 701, 311, and 511. See Exhibit E — Right -of -Way Map. NOW, THEREFORE, 1N CONSIDERATION OF the foregoing and of the promises and covenants contained herein, the parties hereto promise, covenant and agree as follows: PART 1: SITE SPECIFIC PROVISIONS A. Off -Site Improvements (as required by the BOCC): The Property Owner shall be responsible for the construction of certain off -site safety improvements as identified in the USR hearing Resolution, which may include, but are not limited to: construction of adequate turning radii of sixty (60) feet at the main entrances and exits which extend into County road Rights -of -Way (ROW) connecting to the County road system, and off -site drainage and signage installations, as indicated on the accepted Exhibit D and Exhibit C-1, as required. On -Site improvements that create more run-off than the historical amount may require off -site drainage improvements to roads and ROW. Any approved access point(s) improvements will include standard County approved tracking control, and may include a double cattle guard set (one right after the other), placed back to back across the entire width of the access, to ensure a complete revelation of the truck tires in order minimize the tracking of mud and debris onto the adjacent County road. Additonal Off -Site Improvements to be constructed prior to operation in accordance with Exhibit C-1 are: 1) Property Owner shall design and construct a County -approved paved roadway within County Road 21 Right -of -Way providing all construction materials and meeting the Rural Local Cross Section specifications per Chapter 8 of the Weld County Code and CDOT specifications for Road and Bridge Construction, beginning with a County approved tie-in at the intersection of County Road 126 and County Road 21 and extending south to County Road 124. County Road 21 shall be improved to a width of twenty-six (26) feet and address the roadside ditch requirements specified in Chapter 8 of the Weld County Code. Upon cessation of all USR permitted activities, the paved section of CR 21 shall be restored to standard, approved by an independent Registered Colorado Engineer with experience in asphalt pavement design. Restoration will have a ten (10) year life without fiuther maintenance given the reduction in trip generation and truck use without the Property Owners production and other uses. The applicant shall obtain a Right -of -Way Permit prior to construction, which shall include design information as described by the Board of County Commissioners during the USR hearing. 1.0 Road Improvements Responsibilities. Property Owner is solely responsible for the required off -site designated improvements. These responsibilities may include but are not limited to the following: design, surveys, utility locates, ROW and Access Permits and fees, coordination with oil and gas operators and facilities and affected irrigation facilities, and utilities, traffic control, and project safety during construction. Property Owner shall obey all applicable regulations issued by OSHA, CDOT, CDPHE, and other federal, state, or county regulatory agencies. Lary Two Ranch, LLC, and Duane and Lynn Ross, c/o Connell Resources, Inc. — USRI9-0063 - OFFSIA20-0002 Page 2of14 4028916 Prigs: 4 of dY tKowa., Clevainn erk Neae1 RI R a.:$$Netd Gr County , CO 2.0 Cost of Construction Exhibit, The cost of construction estimates (engineer's estimate) as identified in Exhibit A-1 detail the costs used in determining the collateral requirement for the off -site improvements related to the development. A registered Colorado Engineer must sign and stamp the construction cost Exhibit A-1. If more than three (3) years have passed since the last construction cost estimate was provided, the Property Owner shall provide an updated construction cost estimate prior to the start of construction. 3.0 Construction Schedule Exhibit. Exhibit B-1 shall be provided by the Property Owner indicating the construction schedule for off -site improvements, including an anticipated completion date. Property Owner shall not commence construction of any improvements, record plat, or receive any permitting prior to approval of the of this Agreement. Exhibit C-1, Construction Drawings shall be provided. Property Owner shall substantially complete all improvements in accordance with Exhibit B-1 and C-1 in order to request the warranty period begin. In the event that the construction schedule is not current, the Property Owner shall submit a revised construction schedule. 4.0 Off -site Improvements Collateral. As required, collateral is accepted and released by the Board of County Commissioners pursuant to the Weld County Code. Additional information about collateral is outlined in Part II.B of this Agreement. 5.0 As -Built Plans. "As -built" plans shall be submitted at the time the letter requesting release of collateral is submitted or once the Property Owner has completed improvements as described in Part JIB, Subsection 3.2.3, of this Agreement. Property Owner shall also provide an electronic copy of the as -built drawings. The as -built drawings shall be stamped, signed, and dated by a licensed and registered Professional Land Surveyor or Professional Engineer. B. Future Off -Site Improvements. 1.0 Traffic Triggers, When the traffic associated with the Use by Special Review Permit reaches certain safety thresholds as set forth in this agreement, the Property Owner shall design, and construct required road improvements based on the amount of traffic consistently being generated by the site. The Property Owner's development does not currently meet the traffic safety triggers requiring the improvements specified below; however, future off -site or phased improvements may be warranted in the future. 1.1 Property Owner shall be required to design, obtain right-of-way, relocate utilities, and construct said auxiliary lanes into their site iflwhen all traffic to/from the Property meets the following traffic triggers: Property Owner shall design and construct a paved roadway along CR 21 from CR 124 to CR 118 or participate in proportional share of county determined paving whenever traffic exceeds gravel capacity or becomes a safety hazard to traveling public. If the AADT reaches the minimum threshold of 200 VPD and the County determines that an improved roadway surface is warranted, then Property Owner shall be financially responsible for its proportional share of project costs for all users of this section of CR 21. Property Owner shall design and construct a left deceleration/tum lane on CR 21 whenever traffic exceeds 10 vehicles per hour (VPH) turning left into the Property for an average daily peak hour. Property Owner shall design and construct a right deceleration/turn lane on CR 21 whenever traffic exceeds 25 VPH turning right into the Property for an average daily peak hour. Lazy Two Ranch, LL.C, and Duane and Lynn Ross, c/o Connell Resources, Inc. — USR14-0063 - OFFS1A20-0002 Page 3 of 14 48269.8 Poses: S of figs We, .Cl k amend Raaor t Mild County , Cs tI11MAO N1NO II Property Owner shall design and construct a right acceleration lane on CR 21 whenever traffic exceeds 50 VPH turning right out of the Property for an average daily peak hour. Property Owner shall design and construct a left acceleration lane on CR 21 whenever such a lane would be a benefit to the safety and operation of the roadway. The County, in its sole discretion, shall determine if a left acceleration lane is required. 2.0 Proportional Share. Property Owner shall pay a proportional share of the cost of the future off -site improvements (CR 124 to CR 118) including engineering designs and construction plans based on the Property Owner's share of AADT Counts using the current data on the haul route in the implementation of the applicable improvements. The proportional share will be based upon the monthly Truck Weight Scale Ticket Report (TWST Report), furnished by the Property Owner, which details the haul route utilized by each taut truck using the USR19-0063 facility. County personal, alone, shall make all determinations regarcng the gathering of and use of traffic data when making decisions regarding cost sharing. In order to accurately determine the percentage of Property Owner haul traffic the County reserves the right to install traffic counters on the driveway(s) of the USR19-0063 facility. Future improvements will be subject to Federal, State, or County regulations in place at the time the improvement project is initiated. Haul Route improvements maybe triggered due to heavy truck traffic associated with USR19-0063. 3.0 Property Owner's Responsibilities regarding Future Triggers. Property Owner is solely responsible for the cost and construction of required improvements. These responsibilities may include but are not limited to the following, as applicable: design, surveys, utility locates, acquisition of ROW, dedication of ROW, ROW and Access Permits and fees, coordination with oil and gas operators and facilities and affected irrigat-,on facilities and utilities, traffic control, and project safety during construction. Property Owner shall obey all applicable regulations issued by OSHA, CDOT, CDPHE, and other federal, State, or County regulmory agencies. 4.0 Cost of Construction Exhibit. When any trigger is met, the Property Owner shall submit Exhibit A-2 within six (6) months of being notified regarding the need for the triggered improvements, indicaing the cost of construction estimates (engineer's estimate) to detail the costs used in determining the collateral requirement for the development. Construction costs must be obtained through a registered Colorado Engineer. A registered Colorado Engineer must sign and stamp the construction cost exhibit for sites that have project collateral. New or additional collateral may be required for the triggered improvements. If required, collateral shall be submitted at the same time as Exhibit A-2. Exhibit A-2 shall be attached to this Agreement and incorporated herein once approved by the County. 5.0 Construction Schedule Exhibit. When any trigger is met, the Property Owner shall submit Exhibit B-2 within six (6) months of being notified regarding the need for the triggered improvements, indicating the construction schedule, and including completion date for the improvements. Property owner shall not commence construction of improvements prior to approval of the Construction Plans and receipt of the appropriate Grading Permit, Access Permit, and/or ROW Permit. Property Owner shall complete all improvements in accordance with the construction schedule exhibit. The construction of the triggered improvements shall be completed within the specified timeframe, which may not exceed three (3) years horn be date the trigger is first met and shall be completed as follows: Year 1 design deadline; Year 2 ROW/Utilities; Year 3 Construction. Property Owner shall collateralize 100% of the cost of the constriction improvements, including design, right-of-way, and utility relocation cost within six months of being notified of meeting the triggers. Exhibit B-2 shall be attached to this Agreement and incorporated herein once approved by the County. Lary Two Ranch, LLC, and Duane and Lynn Ross, do Connell Resources, Inc. — USRI9-0063 - OFFSIA20-0002 Page 4 of 14 MOORS Pogo o 8 of 69 1+{122/i 1!:06 I!f R FN:dO.N 6.0 Collateral. Collateral for any additional improvements required by the triggers may be required by the Board of County Commissioners, hereinafter referred to as the BOCC. Collateral is accepted and released by the BOCC pursuant to the Weld County Code. Additional information about collateral is outlined in Part II.B of this Agreement. 7.0 As -Built Plans. "As -built" plans shall be submitted at the time the letter requesting release of collateral is submitted or once the Property Owner has completed improvements as described in Part LLB, Subsection 3.2.3, of this Agreement. Property Owner shall also provide an electronic copy of the as -built drawings. The as -built drawings shall be stamped, signed, and dated by a licensed and registered Professional Land Surveyor or Professional Engineer. C. Haul Routes; The Property Owner shall be financially responsible for its proportional share of the associated costs for maintaining and/or improving designated haul/travel routes. 1.0 Haul Routes. The following roads are designated as haul/travel mutes for the Property: 1) North along CR 21 to CR 126 west to Interstate 25 and 2) South along CR 21 to CR 118 east to CR 120 to US Highway 85. 2.0 Haul trucks shall enter and exit the site at the approved access(es) on CR 21 and travel north -south to the nearest paved road for further dispersal. Any County roads used by USR19-0063 traffic may become part of the established haul/travel routes. 2.1 It is understood that Weld County area property owners, farms, ranched, and small businesses within a five (5) mile proximity, or Weld County Road and Bridge Department, may have a need for products from USR19-0063, which are located south, east, and west Hauling to these sites on area County Roads will not require temporary variances, as long as the products are for County use. 3.0 Weight Limits. No travel vehicles may exceed CDOT required specifications for pounds -per -axle and axle configurations, unless overweight permits have been applied for and granted. 4.0 Temporary Deviations. In unusual or rare occasions, if projects mandate deviation from the above -mentioned haul/travel route for a limited period (six months or less), the Weld County Director of the Department of Public Works may authorize, in writing, the deviation. In that circumstance, haul/travel vehicles will utilize paved County made whenever possible. A deviation from the established haul/travel route lasting more than six (6) months, or requests for one (1) or more deviations within a twelve (12) - month period shall authorize the County to change the haul/travel routes designated herein, and provide notice to the Property Owner. 5.0 Haul Route Signage. Property Owner shall install travel route signs, if applicable, as per Manual of Uniform Traffic Control Devices standards, at all exit points of the Property which can be clearly seen by drivers leaving the facility and which clearly depict County approved travel routes. 6.0 No Deviation from Permitted Haul Routes.. Except as authorized by the BOCC pursuant to this Agreement, no use of any roads other than those specifically authorized for use in this Agreement is permitted without the prior written amendment of this Agreement. D. Maintenance Reaturements: Lazy Two Ranch, LLC, and Duane and Lynn Ross, c/o Connell Resources, Inc. — USRl9-0063-OFFSIA20-0002 Page 5 of 14 Pagast 7 of Be N 2022 10:dA pM R Fu^Sti.111 III Iir'i liiVki1 dNI Mklt�a Pil V vi 11111 1.0 Off -site recurring maintenance, if applicable, as required by the Board: 2.0 Dust Control. Property Owner shall be financially responsible for its proportional share of dust control on unpaved designated haul/travel routes after commencement of operation. The amount and extent of dust control will be determined by site -specific conditions at the time, as determined exclusively by County personnel. Dust abatement along the relevant haul/travel routes is expected to occur approximately two to five times per year. Dust abatement is required for roads with more than 200 vehicles per day, per section 8-6-100 of the Weld County Code. 2.1 Dust Control During Construction. If necessary, as determined by the County, the Property Owner shall cause to be performed within 30 days of notification, at its sole expense, dust control by a contractor approved by Weld County Public Works during the construction period of the development. 3.0 Repar. Property Owner shall be financially responsible for its proportional share of excavation, patching, and pavement repair on designated haul/travel routes. The amount and extent of repair and paving measures will be determined by site -specific conditions at the time, as determined exclusively by County personnel. 4.0 Need for Immediate Repairs: In the event of damage to a designated haul/travel route by project traffic that causes an immediate threat to public health and safety or renders the mad impassible ("Siguficant Damage"), County shall, after inspection, notify Property Owner of such Significant Damage. Property Owner shall identify the repair required and shall consult with County on the extent, type, timing, mateials and quality of repair (i.e. temporary versus permanent) within twenty-four (24) hours after receipt of suds notice and shall commence such repair within forty-eight (48) hours after receipt of such notice. If Property Owner identifies Significant Damage prior to receiving notice thereof from County, Property Owner may commence repair of such Significant Damage and shall concurrently notify County of the extent, type, timing, materials and quality of repair (i.e. temporary versus permanent). 5.0 Repair of Road: On or before December 31, of the calendar year in which County staff has determined through site analysis and/or pavement testing that a particular haul/travel route road portion will requiae paving measures or other improvements in order to protect the public health, safety, and welfare, and the County has budgeted sufficient funds for the following calendar year to pay its share of the Off - Site Improvement/Repair Costs, County shall notify Property Owner in writing that the Off -Site Improvements/Repairs shall be undertaken. Within ninety (90) days of its receipt of County's notice of the need lo undertake the road maintenance repairs and/or improvements, Property Owner shall submit Off -Site Construction Plans and Cost Estimates to County for review. Property Owner shall have sole responsibility for tie completion of the repairs and/or improvements on or before December 15, of the year following County's notice of the need for repairs. 5.1 In County's sole discretion, County may undertake the repairs and/or improvements. Property Owner's payment for its Proportional Share of the road repairs/improvements will be calculated as determined in this Agreement. Property Owner will be invoiced accordingly for those proportional share costs. 6.0 Calculation of Property Owner's Prog4rtional Share of Costs. The County shall notify Property Owner of County's preliminary determination and assessment of Property Owner's proportional share of costs 3f maintenance, repair, or improvements to Property Owner's designated haul/travel routes. Prior to County's final determination and assessment, County shall provide Property Owner with a reasonable opportunity to review, comment upon and supplement County's data, collection methodology, and Lazy Two Ranch, LLC, and Duane and Lynn Ross, do Connell Resources, Inc. — USRI9-0063 - OFFSIA20-0002 Page 6of14 4!N Paw. 0 of 88 94/23/2022 1:56 Rad R oedir$0,2, County Cp INS �'li lostrimpiasi d it l determinations. The County shall review and consider Property Owner's input prior to making a final determination and assessment. The County shall have sole responsibility for determination of Property Owner's proportional share of costs. Property Owner agrees to pay such proportional share of costs within 30 days of receiving an invoice from County. 7.0 Armual Road Inspection. County may conduct a road inspection annually with the cooperation of Property Owner and all other Property Owners and/or Lessees who are required by County to participate in road improvement/maintenance agreements for the haul routes designated in this Agreement. Asa result of the annual inspection, County, in its sole discretion, shall determine actual conditions and shall further determine what road repair/improvement/maintenance work is to be performed during that construction season. Notification to the Property Owner of the required roadway repairs will be given as soon as the data becomes available. 8.0 Notification. The County shall notify Property Owner of County's preliminary determination and assessment of Property Owner's Proportional Share of costs of maintenance, repair, or improvements to Property Owner's designated haul/travel routes. Prior to County's final determination and assessment, County shall provide Property Owner with a reasonable opportunity to review, comment upon and supplement County's data, collection methodology, and determinations. The County shall review and consider Property Owner's input prior to making a final determination and assessment. PART II: GENERAL PROVISIONS A. Engineering and Construction Requirements: 1.0 Engineering Services, Property Owner shall furnish to County, at its own expense, all engineering services in connection with the design and construction of the off -site improvements and all on -site drainage -related structures if required by any Municipal Separate Storm Sewer System (MS4) permit, as identified on the accepted Construction Plans and according la the construction schedule set forth in the construction schedule exhibits. 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. 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. 2.0 Rights -of -Way and Easements. Before commencing the construction of any off -site improvements herein agreed upon for public ROW or easements, Property Owner shall acquire, at its sole expense, good and sufficient ROW and easements made necessary for the improvements. The County will not exercise eminent domain on behalf of Property Owner. All such ROW and easements for the construction of roads to be accepted by the County shall be conveyed to the County on County -approved forms and the documents of conveyance shall be furnished to the County for acceptance with express written authority of the BOCC and recording. 3.0 Construction. Property Owner shall furnish and install, at its own expense, the improvements (and any drainage -related structures required by any MS4 permit) identified on the accepted Exhibits and shall be solely responsible for the costs listed on the cost of construction exhibits, with the improvements being completed also in accordance with the schedule set forth in the construction schedule exhibits. The BOCC, at its option, may grant an extension of the time of completion set forth in construction schedule exhibits stated herein upon application by the Property Owner. Said construction shall be in strict conformance to the plans and drawings accepted by the County and the specifications adopted by the County. Lary Two Ranch, LLC, and Duane and Lynn Ross, c/o Connell Resources, Inc. — USR19-0063 - OFFSIA20-0002 Page 7 of 14 Pius /22/2822 10:08 1000 R Fas:f0.00 Corti" Kars, Clerk and Rasordir, meld county , Co tIflmi n r(rlii��tr���dM� ltNkeiviti11111 4.0 Testing. Property Owner shall employ, at its own expense, a qualified testing company previously approved by the County to perform all testing of materials or construction; and shall furnish copies of test result to the County. If County discovers inconsistencies in the testing results, Property Owner shall employ at its expense a third -party qualified testing company approved by County. Such third party shall firrnislr the certified results of all such testing to the County. At all times during said construction, the County shall have the right to test and inspect material and work, or to require testing and inspection of material and work at Property Owner's expense. Any material or work not conforming to the approved plans and specifications, including but not limited to damages to property adjacent to the construction plan area Mall be repaired, removed or replaced to the satisfaction of the County at the expense of Property Owner. 5.0 Construction Standards. Design and construction of all off -site improvements shall conform to the entreat version of CDOT's "Standard Specifications for Road and Bridge Construction" and the Weld County Engineering and Construction Guidelines. 6.0 Traffic Control. Prior to any construction in County and/or State ROW, and as a condition of issuance of any ROW or Access Permit, the Property Owner shall submit a traffic control plan for County review. During construction, appropriate safety signage shall be posted in accordance with the then -current version of the Manual of Uniform Traffic Control Devices. B. Collateral: 1.0 General Requirements for Collateral. Property Owner shall provide to County the necessary collateral to guarantee all of Property Owner's obligations under this Agreement: (1) Project Collateral is required for completion of off -site improvements, as described in this Agreement; (2) Warranty Collateral is required for all off -site improvements during the two-year warranty period. Collateral acceptance and release is govemed by the Weld County Code. 1.1 project Collateral shall be submitted to guarantee completion of off -site improvements identified in the Exhibits. Project Collateral must be submitted in an amount equal to 100% of the value of the improvements, as calculated in the cost of construction exhibits. Project Collateral must be submitted at the time of execution of the Agreement, unless otherwise directed by the Board of County Commissioners. In the event that Property Owner fails to adequately complete the required improvements, County may, in its sole discretion, access Project Collateral for the purpose of completing such improvements. It may be necessary to provide additional collateral in the event the cost estimate is older than three (3) years. No work shall commence until project collateral bas been submitted and accepted by the county. 1.2 Warranty Collateral shall be submitted and held by the County until release after the two- year warranty period following the County's initial approval of the improvements. Warranty Collateral shall be in an amount equal to 15% of Project Collateral. In the event that Property Owner fails to adequately complete or repair improvements during the warranty period, County may, in its sole discretion, access Warranty Collateral for the purpose of completing such improvements. 2.0 Form of Collateral. Collateral may be in the form of a letter of credit, a surety bond, or a cash deposit, subject to the requirements and restrictions of Section 2-3-30 of the Weld County Code, as that section maybe amended from time to time. Lazy Two Ranch, LLC, and Duane and Lynn Ross, c/o Connell Resources, Inc.—11SR19-0063 - OFFSTA20-0002 Page B of 14 M4 MONO P.,..:10 .f u eg 12 9O1 9 re j$I.9 d co.Y . Ca �h�i III��I t�I a ilk II III 3.0 Release of Collateral, Collateral shall be released in accordance with Section 2-3-30 of the Weld County Code. For collateral release, the Planning Department conducts inspections for on -site improvements, and the Department of Public Works conducts inspections for off -site improvements. 3.1 Tithing of Release. Project Collateral may be released upon completion of all improvements required by the Exhibits after initial approval by the County. Warranty Collateral shall be withheld by County at the time of release of Project Collateral or may be submitted separately by Property Owner. Warranty Collateral may be released upon the approval of the County at the end of the two-year warranty period. 3.2 Request for Release of Collateral. Prior to release of collateral by Weld County for the entire project or for a portion of the project, the Property Owner must present a Statement of Substantial Compliance from an Engineer registered in the State of Colorado. The Statement of Substantial Compliance shall state that the project or a portion of the project has been completed in substantial compliance with accepted plans and specifications documenting the following: 3.2.1 The Property Owner's 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 accepted by Weld County. 3.2.2 For the improvements to public rights -of -way or easements, test results must be submitted for all phases of this project as per Colorado Department of Transportation (COOT) Schedule for minimum materials sampling, testing and inspections found in CDOT Materials Manual. 3.2.3 "As -built" plans shall be submitted at the time the letter requesting release of collateral is submitted or at such time as the Property Owner has completed improvements as shown on the Exhibit C and/or Exhibit D, and shall be stamped and approved by an Engineer registered in the State of Colorado, if an Engineer was initially required for the project. The Property Owner's 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 written acceptance from the County Engineer. 3.3 County's Response to Request for Release of Collateral. Following a written request for release of collateral, County personnel will inspect the improvements as provided in this Agreement. Upon approval, the Board of County Commissioners may release said collateral. C. Accentatace of improvements: 1.0 Acoeplance of Off -Site improvements: Upon completion of the off -site improvements, Property Owner shall contact the Weld County Department of Public Works and request an inspection of such improvements. Upon request, County personnel will initiate the inspection, approval, and acceptance process. 2.0 Inspection, Approval, and Acceptance Process: 2.1 Upon completion of construction of all off -site improvements as described in the Construction Plans, Property Owner shall submit to the Weld County Department of Public Works a Statement of Substantial Compliance by Property Owner's Engineer along with "as -built" drawings as required in subsection B.3.2.3, above, and shall request County inspection of the Lazy Two Ranch, LLC, and Duane and Lynn Ross, c!o Connell Resources, Inc. — USR19-0063 - OFFSIA20-0002 Page 9of14 Pa.g tit of U 1i lib Alt �t Fea.3A.10 , CariV KOPP. Clark uW omerdrr, meld Comity , CO P F Mi' kItPPh t CA1 itWIJ tIII Off -Site Improvements. County personnel shall then inspect the improvements. If the County determines the improvements were not constructed in accordance with the Construction Plans, the County shall direct the Property Owner to connect the deficiencies. If the County determines the improvements were constructed in accordance with the Construction Plans, the County shall initially approve the Off -Site Improvements. 2.2 Two -Year Warranty Period. Such initial approval begins the two-year warranty period. Upon completion of the two-year warranty period, County Public Works personnel shall, upon request by the Property Owner, inspect the subject improvements, and notify the Property Owner of my deficiencies. If any deficiencies are discovered, the Property Owner shall correct the deficiencies. County personnel shall re -inspect the improvements after notification from the Property Owner that said deficiencies have been corrected. If the County personnel fmds that the improvements are constructed according to County standards, he or she shall approve the improvements. Such final approval shall authorize the Property Owner to request the Board of County Commissioners to release the Warranty Collateral. 2.3 Placement of Improvements into Service Prior to County Approval. If requested by the Property Owner and agreed by the County, portions of the improvements maybe placed in service when completed according to the schedule shown on the construction schedule exhibit, but such use and operation shall not alone constitute an approval or acceptance of said portions of the improvements. County may, at its option, issue building permits for construction for which the improvements detailed herein have been started but not completed according to the schedule shown on the construction schedule exhibit, and may continue to issue building permits so long as the progress of work on the improvements is satisfactory to the County, and all terms of this Agreement have been faithfully kept by Property Owner. D. Permits: The Property Owner is required to apply for and receive all permits required by the County or any other applicable local, State, or federal permit, including but not limited to: 1.0 Access Permits. Operator shall not use any access onto any County road unless and until an access permit has been issued by the Department of Public Works. Public Works may condition the issuance of an updated access permit on the amendment of this Agreement if the updated access permit authoizes the use of an additional access point, or if there is a change in use of the current access point, as permitted by Article XIV of Chapter 8 of the Weld County Code. 2.0 Right -of -Way (ROW) Permits. Per Article XIII of Chapter 8 of the Weld County Code, any work occuring within County ROW requires a ROW permit issued by the Department of Public Works. No work stall occur without said ROW permit. 3.0 Transport Permits. Per Article XV of Chapter 8 of the Weld County Code, a Weld County Transyort Permit is required for Extra -legal vehicles using Weld County roadways to ensure the operation and movement of Extra -legal Vehicles and Loads occurs in a safe and efficient manner. E. Enforcement and Remedies: 1.0 Violation of Terms of Agreement. If in County's opinion, Property Owner has violated any of the terms of this Agreement, County shall notify Property Owner of its belief that the Agreement has been violated and shall state with specificity the facts and circumstances which County believes constitute the violation. Property Owner shall have fifteen (15) business days within which to either cure the violation or Lazy Two Ranch, LLC, and Duane and Lynn Ross, clo Connell Resources, Inc. — USR19-0063 - OFFSIA20-0002 Page 10 of 14 � 4d{z! Paw. i ��12pp of IN �4, far Kun.,l111. smd Nuoor~du N tkunie , CO 11111 demonstrate compliance. If, after fifteen (15) business days have elapsed, County believes in good faith that the violation is continuing, County may consider Property Owner to be in breach of this Agreement. 2.0 Remedies for Breach by Property Owner. In the event that County determines that Property Owner has violated the terms of this Agreement, and has failed to correct said violation, County may exercise any or all of the following remedies, or any other remedy available in law or equity. 2.1 Access and Use of Collateral. County may access and use collateral to address the issues specific to the violation. For example, the County may access and use Project Collateral in order to complete improvements as required by the Construction Plans, when such improvements have not been completed in accordance with the Construction Schedule. 2.2. Withholding Permits. County may "lock" any or all lots within the Property, which precludes the continued issuance of building permits, zoning permits, septic permits, or any other permit issued by any department of the County. 2.3 Court Action. County may seek relief in law or equity by filing an action in the Weld District Court or Federal District Court for the District of Colorado, except that no such civil action or order shall be necessary to access collateral for the purpose of completing improvements as described above. 2.4 Revocation of USR Permit. Property Owner acknowledges that failure to comply with the terns of this Agreement constitutes cause to revoke the USR, and County may exercise this option in its sole discretion by proceeding with revocation under the then current provisions of the Weld County Code. 3.0 Tenesination of Agreement. This Agreement shall terminate upon the earliest of the following events: 3.1 Failure to Commence. County may terminate this Agreement upon or after revocation of the underlying land use approval under Weld County Code Section 23-2-290. However, County may still exercise all necessary activities under this Agreement that the County determines necessary to protect the health, safety, and welfare of the residents of Weld County. 3.2 Cessation of all Permit Related Activities. Termination of this Agreement shall occur upon Property Owner's complete cessation of all activities permitted by the USR including any clean up or ■estoration required_ A partial cessation of activities shall not constitute a Termination of this Agreement, nor shall County's issuance of a partial release/vacation constitute a Termination. Unless informed in writing by the Property Owner of cessation of activities, and verified by the Conoty, cessation shall only be presumed if the County determines that the USR has been inactive for three (3) years. Property Owner shall not be entitled to a release of Project or Warranty Collateral unless and until the improvements required by this Agreement are completed. 3.3 Execution of Replacement Agreement. This Agreement shall terminate following County's execution of a new Improvements Agreement with a new property owner or operator who has purchased the Property or has assumed the operation of the business permitted by the USR, and intends to make use of the rights and privileges available to it through the then existing USR. 3.4 Revocation of USR. This Agreement shall terminate following County's revocation of Property Owner's USR, except that the Property Owner shall only be released from this Agreement after the successful completion of all improvements required under this Agreement, which may be Lazy Two Ranch, LLC, and Duane and Lynn Ross, do Connell Resources, Inc.— USRl9-0063 - OFFSIA20-0012 Page 11 of 14 4$210N Papal 13 of OS 04/22/2122 11;01 AM ti F..:0 ,11 Grit Keeps., Clerk and Moor., Wald Canty , CO If 'iYk'4NILII.Il ifeWi tlid+IY4 II III completed by County after accessing Property Owner's collateral if Property Owner fails to complete such improvements. F. General Provisions: 1.0 Successors and Assigns. 1.1 Property Owner may not delegate, transfer, or assign this Agreement in whole or in part, without the prior express written consent of County and the written agreement of the party to whom the obligations under this Agreement are assigned. Consent to a delegation or an assignment will not be unreasonably withheld by County. In such case, Property Owner's release of its obligations shall be accomplished by County's execution of a new Improvements Agreement with the successor owner of the property. 1.2 County's rights and obligations under this Agreement shall automatically be delegated, transferred, or assigned to any municipality which, by and through annexation proceedings, has assumed jurisdiction and maintenance responsibility over all roads affected by this Agreement. 2.0 Severability, If any term or condition of this Agreement shall be held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, this Agreement shall be construed and enforced without such provision, to the extent that this Agreement is then capable of execution within the original intent of the parties. 3.0 Governmental Immunity. No term or condition of this contract shall be construed or interpreted as a waiver, express or implied, of any of the immunities, rights, benefits, protections or other provisions, of the Colorado Governmental Immunity Act §§24-10-101 et seq., as applicable now or hereafter amended. 4.0 Amendment or Modification. Any amendments or modifications to this agreement shall be in writing and signed by both parties. 5.0 No Third -Party Beneficiary. It is expressly understood and agreed that the enforcement of the terms and conditions of this Agreement, and all rights of action relating to such enforcement, shall be strictly reserved to the undersigned parties and nothing in this Agreement shall give or allow any claim or right of action whatsoever by any other person not included in this Agreement. It is the express intention of the undersigned parties that my entity other than the undersigned parties receiving services or benefits under this Agreement shall be an incidental beneficiary only. 6.0 Board of County Commissioners of Weld County Approval. This Agreement shall not be valid until it has been approved by the Board of County Commissioners of Weld County, Colorado or its designee. 7.0 Choice of Law/Jurisdiction. Colorado law, and rules and regulations established pursuant thereto, shall be applied in the interpretation, execution, and enforcement of this Agreement. Any provision included or incorporated herein by reference which conflicts with said laws, rules and/or regulations shall be null and void. In the event of a legal dispute between the parties, the parties agree that the Weld County District Court or Federal District Court for the District of Colorado shall have exclusive jurisdiction to resolve said dispute. 8.0 Attorneys' Fees/Legal Costs. In the event of a dispute between County and Property Owner, concerning this Agreement, the parties agree that each party shall be responsible for the payment of attorney fees and/or legal costs incurred by or on its own behalf. Lazy Two Ranch, LLC, and Duane and Lynn Ross, c/o Connell Resources, Inc. — USR I9-0063 - OFFStA20-0002 ogee12of14 4628996 Pawn t 14 of 99 Tt�i*Sfl . 14 N o' R�OOna $li�ro c`ountt, ���(:,01y�',` MI OUP NNW i i'IY�1°t�lr'rinttip Ell 9.0 Release of Liability, Property Owner 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 the design and construction of improvements, and pay any and all judgments rendered against the County on account of any such suit, action or claim, and notwithstanding section 7.0 above, together with all reasonable expenses and attorney fees incurred by County in defending such suit, action or claim 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 worker'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. 10.0 Bi ding Arbitration Pfohiibited, Weld County does not agree to binding arbitration by any extra- judicial body or person. Any provision to the contrary in this Agreement or incorporated herein by reference shall be null and void. 11.0 Authority to Sign. Each person signing this Agreement represents and warrants that he or she is duly authorized and has legal capacity to execute and deliver this Agreement. Each party represents and warrants to the other that the execution and delivery of the Agreement and the performance of such party's obligations hereunder have been duly authorized and that the Agreement is a valid and legal agreement binding on such party and enforceable in accordance with its terms. If requested by the County, Property Owner shall provide the County with proof of Property Owner's authority to enter into this Agreement within five (5) days of receiving such request, 12.0 Acknowledgment. County and Property Owner acknowledge that each has read this Agreement, understands it and agrees to be bound by its terms. Both parties further agree that this Agreement, with the attached or incorporated Exhibits, is the complete and exclusive statement of agreement between the parties and supersedes all proposals or prior agreements, oral or written, and any other communications between the parties relating to the subject matter of this Agreement. 13.0 Conflict of Tetras. Notwithstanding my other provision contained in this Agreement, for any conflict or potential conflict between any term in this Agreement and the Resolution of the Board of County Commissioners approving the underlying land use permit, the provisions of the Board's Resolution shall control. In the event of a discrepancy between this agreement and the Weld County Code in effect at the time of the agreement, the terms of the Weld County Code shall control. Lazy Two Ranch, LLC, and Duane and Lynn Ross, do Connell Resources, Inc. — USRl9-0063 - OFFSIA20-0002 nage13of14 4520515 Payee: 15 of so M ropM�,tClo amend Ihoo�d�ld Carets , CO i N�GII��14 �h J�P44LKJ:91% Ilk 11111 PROP Connell Resources, Inc. By: Date: February 2 2021 N Title: President STATE OF COLORADO SS. County of Weld The foregoing instrument was acknowledged before me this2nd day of February WELD COUNTY: ATTEST: 4�, / 6: jego• t1 BOARD OF COUNTY COMMISSIONERS Weld. C ty erk to t'.. WELD UN7Y, COLORADO Deputy C,'r. to ' e : •, !Ye `'; ''% I MI i Wit . BY: K. James, Chair APR 1 1 2022 hazy Two Ranch, LLC, and Duane and Lynn Ross, do Connell Resources, Inc. — USR19-0063 - OFFSIA20-0002 Page 14 of 14 Pap: li of b AQ,2o1 -/07 9:55M RRea:$9.N Ctt. and Rwanda,Meld County , CO q AAI' til aitlikilliti IR II III Hello