HomeMy WebLinkAbout20212779.tiffRESOLUTION
RE: APPROVE APPLICATION FOR SMALL BUSINESS INCENTIVE PROGRAM AND
AUTHORIZE RELEASE OF ECONOMIC DEVELOPMENT TRUST FUNDS (TIER III) -
JUSTICE TRUCKING AND EXCAVATION, 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, the Board has been presented with an Application for the Small Business
Incentive Program and a Request for the Release of Economic Development Trust Funds
(Tier III), from Justice Trucking and Excavation, Inc., to the County of Weld, State of Colorado,
by and through the Board of County Commissioners of Weld County, on behalf of the Department
of Planning Services, with further terms and conditions being as stated in said application, and
WHEREAS, after review, the Board deems it advisable to approve said application, a copy
of which is attached hereto and incorporated herein by reference, and release the Economic
Development Trust Funds (Tier III), in the amount of $18,599.46 payable to Justice Trucking and
Excavation, Inc., to offset various impact fees incurred and previously paid by Justice Trucking
and Excavation, Inc.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, Colorado, that the Application for the Small Business Incentive Program and a Request
for the Release of Economic Development Trust Funds (Tier III), from Justice Trucking and
Excavation, Inc., to the County of Weld, State of Colorado, by and through the Board of County
Commissioners of Weld County, on behalf of the Department of Planning Services, be, and
hereby is, approved.
BE IT FURTHER RESOLVED by the Board that Tier III Economic Development Trust
Funds, in the amount of $18,599.46 be, and hereby are, released and payable to Justice Trucking
and Excavation, Inc., to offset various impact fees incurred and previously paid by Justice
Trucking and Excavation, Inc.
Cc : pLCTP), FI.(vv /So),
ACT(Bcko), APPI .
1O /MI
2021-2779
PL2290
APPLICATION FOR SMALL BUSINESS INCENTIVE PROGRAM AND AUTHORIZE RELEASE
OF ECONOMIC DEVELOPMENT TRUST FUNDS (TIER III) - JUSTICE TRUCKING AND
EXCAVATION, INC.
PAGE 2
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 27th day of September, A.D., 2021.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
ATTEST: XL:4A
Weld County Clerk to the Board
County A orney
Date of signature: I Obi /,2(
Steve Moreno, Chair
Ike Freeman
EXCUSED
Lori Saine
2021-2779
PL2290
MEMORANDUM
To: County Commissioners
Cc: Don Warden, Finance Director
Barb Connolly, Controller
From: Tom Parko, Director of Planning Services -/ P
Subject: Justice Trucking
Date: September 21, 2021
I am pleased to submit to the Board of County Commissioners an SBIP for Justice
Trucking, which received land use approval under 1 MUSR17-12-0061.
Justice Trucking is a small business operating in unincorporated Weld County with twenty-
five (25) employees. The owners are Russ Justice and Julie Reynolds.
As part of the application requirements, the owner submitted their business plan and met
with representatives from the Small Business Development Center (SBDC). Jeff Engle
reviewed the business plan and found it satisfactory. Attached is the confirmation email
from the SBDC.
The Small Business Incentive Plan was created by the County Commissioners to help
offset land, building permit, septic and impact fees associated with development. Below is a
breakdown of the fees:
USR Fees:
Building Permit Fee(s):
Impact Fees
$500.00
$4,231.46
$16,368.00
Total $21,099.46
According to the Small Business Application requirements, the business falls under Tier 3
and is eligible to receive up to $40,000.00. The business is obligated to cover the first
$2,500.00.
The Planning Services Director recommends approval of this application and respectfully
requests that the County Commissioners authorize and release $18,599.46 from the
Economic Development Fund.
SERVICE, TEAMWORK, INTEGRITY, QUALITY
2021-2779
09/2-7
t_ eD °
WELD COUNTY
SMALL BUSINESS INCENTIVE PROGRAM
APPLICATION
Notice: Prior to filling out the application, please review the Program Criteria and Process handout
regarding the program's eligibility requirements.
Program Purpose: Weld County has established a Small Business Incentive Program (BIP) which will provide
eligible businesses financial assistance to offset land use, building permit, and several impact fees. The program is
designed to reduce upfront capital outlay for small businesses located in unincorporated Weld County.
Application Instructions: This application must be filled out completely and signed. Attachments and exhibits
may be included. A cover letter that adequately explains the scope of the company's business model must
accompany the application.
Application Date:
1. COMPANY INFORMATION
/o-/6-2ozo
Applicant Name:
Jus f/Ce /r Lice 'r n, n c •
Mailing Address:
02'7/.25- C R 43- 7
L Q scc.//ef CO. ,?U 6 VS --
Telephone:
7 7 i• 37 8' 70 O o
Email:
Ire 1106/5 &J%tx5-hce uck/nq. coo -7
Fax:
97 , 37F. F. 7Oe/ J
I Web Site:
//1/WW. /t/s Z/ i',1 a, C o rYl
J
2. INCORPORATION INFORMATION (if applicable)
i Federal ID#:
S7- d6/5-9,2/
Type:
S Cot -70
State:
W y0 rn / '7,
Date of Incorporation:
a p//
3. CONTACT PERSON
Name & Title:
t% /ee 7ie)i/-1 O l i - /Ge sates/clenT
Mailing Address:
a �/� 5 C�
a 5//e1 CO ,Fo 6`15
Telephone:
/
9TO - S'9. d 6 O 3 Q//-eC7-
Fax:
97e.).37g..7oo7
E-mail Address:
f r'0-, °as e /el_oe--/J'GfG/C,/'J/?, Corte
/
J
1
4. PROPERTY INFORMATION
Parcel ID#:
/OS3-/9-3-00- 033
Property Address:
c,1 /1/ 02 S c t? '71,,,
La S c... / 1 e, C O • >C) '715
Legal Description:
Hof A ecordpcl 6Xe n p$ orn R e -1 So 6 Pa r+ of -}4.e 6w o f
-r b -f
INN R b 4 W of B P. m• Weld c.04.<i.,+%/1 Go
Owner(s)/Tenet(s):
r
Jlam.lee- Re\(vto ( ds
Russ Ju4ce /
5. PRODUCT AND/OR SERVICE Business activities involving the project site in unincorp. Weld County:
Coh5-I'h44dirto-n a rv►a.tn-i-winin' 1oca.-kov►s!! toa-ds 4c1- Oil ILr-t
c+rvt-kes
6. COUNTY ASSISTANCE - PAST & PRESENT
Identify below past incentive assistance provided to the applicant by Weld County:
Identify below current requests by the applicant for any other assistance from Weld County:
Lc ct use ca-totot( CcL+ o-'-, -Fees
(3r.ti lc*ir►t per►nti- fees
z -r - p ac+ fees
7. BUSINESS PLAN Provide a brief overview of the proposed business in Weld County.
See a:t-t ache "
8. WORKFORCE INFORMATION For the purpose of this application a full-time employee works a minimum
of 32 hours per week. The business may have a combination of part-time employees that is the equivalen
of at least one full-time employee.
Current Employees:
d 5 Existing payroll (total number of filled and unfilled positions).
9. JOB LOCATION VERIFICATION At least 50% of the employer's workforce must reside in Weld County
for a period of one-year.
Certified Copy of Payroll: A business presently located in Weld County must provide a certified copy of
its payroll as of the date of the application.
2
TRUCKING AND EXCAVATION INC.
24125 CR 42
LaSalle, CO 80645
970-378-7000
Our business plan has been concentrated mainly on work within Weld County
where we've partnered with various oil industry contractors, to provide support
services in the oil field and have also worked with numerous construction
contractors and developers within Weld County for various
construction/trucking services. We are continuing to do the majority of our
work within weld county within these same industries. We are also trying to
expand our services to assist in various Government/CDOT projects that may
become available in our region for the services we perform.
10. SBDC VERIFICATION The applicant shall consult with the Small Business Development Center prior to
receiving funds. The applicant shall attach a copy of an affidavit signed by the Director of the SBDC or
his/her designee. The SBDC contact information is:
Mail: 902 7th Avenue
Greeley, CO 80631
Website: http://www.neeccosbdc.orq
Phone: (970)352-3661
11. QUESTIONS & ASSISTANCE
Weld County Department of Planning Services: The application will be processed by the Director of
Planning Services. The Director may contact the applicant for clarification regarding the application or to
request additional information during the review process. If the application is approved, the Director
will contact the business when preparing the agreement and when scheduling the agreement for action
by the Weld County Board of Commissioners. The applicant is encouraged to contact the Director of
Planning Services to request assistance with the program requirements and with filling out the
application. The Director can be reached by the following methods:
Applications can be mailed, faxed or e -mailed to the Department of Planning Services:
Mail: Weld County Department of Planning Services
Attn: Planning Director
1555 North 17TH Avenue
Greeley, CO 80631
Phone: (970) 353-6100 Fax: (970) 304-6498 Email: toarko(a weldgov.com
REMINDER: The application may be delayed if It Is Incomplete,
unsigned or lacks required documentation.
All documents provided to Weld County are subject to the Public Records Act, State of Colorado.
11. AUTHORIZED SIGNATURE The signature appearing below must belong to an employee of the
company who is authorized to sign the application on behalf of the company.
I attest to the accuracy of the information which is provided hereinabove.
PrQsiJen--
(signature)
(title)
Russ Jo -a.oa-o
(print name)
(date)
3
Justice Trucking & Excavation, Inc.
Business Plan
Justice Trucking, Inc. DBA Justice Trucking & Excavation, Inc.
24125 CR 42
La Salle, Colorado 80645
Office: 970-378-7000
Fax: 970-378-7001
E -Mail: jreynolds@justicetrucking.com / rjustice@justicetrucking.com
Executive Summary
Justice Trucking & Excavation has experience and longevity in the Trucking & Excavation industry. We lead
by being dependable and fair.
Business Description:
Justice Trucking & Excavation, Inc. is a trucking company that offer hauling services (flat bed, heavy haul,
pneumatics, belly dumps, tandems), grading, and excavation. The company is located in LaSalle, CO. The
company mission is to provide the safest, most affordable & reliable service for all projects we do, big or small.
Goals & Objectives -
The company's goal is to continue providing excellent safe & efficient service to our customers. provide secure,
good paying jobs with benefits to our valued employees and continue to grow our business and become a
driving force of good in our communities. In pursuing this goal, the company is applying for the Weld County
Small Business Incentive Program to cover part to the fees associated with expansion. This expansion will
create new jobs and sustain our presence in Weld County.
Site Analysis
Justice Trucking & Excavation, Inc' is located at 24125 CR 42 La Salle, CO. This location is centrally located
in Weld County with high visibility on the County Road 49 Corridor. We have an approved USR through Weld
County which allows the company to maintain equipment, parking & storage of equipment & trucks.
Market Research
Justice Trucking & Excavation, Inc provides services to oil & gas companies, builders & developers,
government projects, and military projects. There is current/growing demand in the Construction, build sites &
infrastructure sectors/industries, allowing for growth. The company plans to focus it's marketing to increase
sales.
Primary competitors include:
• Wells Ranch: These 3 competitors have been in Weld County longer and are considerably larger
companies with more equipment and more working capital.
• Fortress (aka Gusher):
• Lone Tree Services:
Justice Trucking & Excavation, Inc' competitive advantages include ...Our Visible location in weld county ,
our employees and our determination to do better than our competition.
Marketing Plan
SWOT Analysis
Fill out the fields below. This information can help you outline goals and strategies for your business and
marketing efforts.
Strengths
Weaknesses
Opportunities
Threats
Product/ Service
Proven
Lack of Skilled
drivers.
The current growth
in our state
infrastructure.
Undocumented
companies working
for lower rates.
Brand/ Marketing
Logo visibility
Operating capital
Expansion &
growth
unknown
Staff/ HR
Skilled & Friendly
Employee/Driver
Shortage
Good candidates in
our area.
Being able to
provide benefits to
retain good
candidates.
Finance
Good relationships
with lenders(banks)
& equip finance
companies.
Current state of the
economy, rising
concerns of
inflation.
Local Banks &
other financial
institutions.
A lot of financial
institutions are
skeptical of lending
in our industry.
Operations/
Management
Proven longevity in
the industry.
Rising costs in
insurance
Continued
educations to
update & improve
skills.
Rising costs in fuel ,
materials, labor
Market
We are very well
liked by our
customers in Weld
County & beyond.
Having the finances
for growth &
sustainability.
Opportunities for
expansion in other
industries.
Competing with
undocumented &
uninsured
companies .
Justice Trucking & Excavation, Inc currently reaches customers through word of mouth, physical signage (on
property and equipment) social media, radio, online website, and LinkedIn. Our plans are to continue growth by
becoming certified for government contracting, redoing our website to meet current SEO standards, increasing
social media budget. The demand is so great that very little additional marketing is necessary as we cannot keep
up with current demand and turning away new customers.
Management Plan
Key Personnel
Management:
• Russ Justice: Army Veteran, 35 Years Management Experience in the Trucking & Construction Industry
in Utah & Colorado.
• Julee Reynolds: 30 Years Management experience in the oil & gas industry in Utah & Colorado 15
Years Management experience in the trucking & excavation industry.
• Manage daily operations of business including financial & personnel.
Advisory
• Yeater & Associates CPA, Bo Riley Attorney Kissinger & Fellman, Micki Sather Branch Manager
Wells Fargo Bank, Current members of Colorado Motor Carriers Association. 2019 Great West
Casualty Workplace Safety award recipients.
Growth Plans
Increasing employment opportunities for competent and professional drivers and other skilled employees. We
are wanting to employee another 10 — 15 professional drivers, 4-6 equipment operators as well as support staff
including, additional mechanics, dispatch, operations and administrative. This seems to be the one challenge the
company currently faces in growth is the hiring of employees in the current environment.
Financial Plan
Justice Trucking & Excavation, Inc would use investment of $200,000 in site development. The company plans
to cover all planning & zoning fees to Weld County through the Weld County Small Business Incentive
Program.
We are an established business since 2011. Other avenues for lending might include financial institutions such
as banks and or equipment leasing companies. The company expects to grow sales by 10% over the next year.
Financial projections and or current financial documents are attached below.
Appendices
PDF
Justice Trucking
May 2021 Profit Loss.
Justice Trucking
May 2021 BS.pdf
J
Forecast Revenue
Only.pdf
11:16 AM
06/16/21
Accrual Basis
Justice Trucking, Inc.
Balance Sheet
As of May 31, 2021
ASSETS
Current Assets
Checking/Savings
10000 • Cash & Cash Equivalents
10055 • FMS Bank
10010 • Commerce Bank of Wyoming
10020 • Commerce Money Market
10030 • Wells Fargo Checking
10040 • Wells Fargo Market Rate Savings
10050 • Chase Checking
May 31, 21
4,477.00
419.19
25.99
91,736.37
101,114.36
1,500.00
Total 10000 • Cash & Cash Equivalents 199,272.91
Total Checking/Savings 199,272.91
Accounts Receivable
12000 • Accounts Receivable
12010 • Accounts Receivable - Trade
12000 • Accounts Receivable - Other
150,521.60
1,840.00
Total 12000 • Accounts Receivable 152,361.60
Total Accounts Receivable 152,361.60
Other Current Assets
12100 • Other Current Receivables
12110 • Employee Loans/Advances
12120 • Restitution Receivable
Total 12100. Other Current Receivables
12500 • Intercompany Receivables
12505 • Due from Shareholder - RJ
12510 • Due from Shareholder - JR
12520 • Due from Justice Leasing, Inc.
12530 • Due from Justice Properties
12540 • Due from Western Logistics, LLC
Total 12500 • Intercompany Receivables
13000 • Undeposited Funds
Total Other Current Assets
Total Current Assets
Fixed Assets
15000 • Property, Plant & Equipment
15010 • Trucks
15020 • Tractors and Trailers
15030 • Equipment
15090 • Accumulated Depreciation
-300.00
6,685.95
6,385.95
131,655.47
116,655.46
166,179.48
296,202.81
3,175.00
713,868.22
12,500.00
732,754.17
1,084,388.68
163,035.00
1,878,970.26
603,647.24
-1,946,764.66
Total 15000 • Property, Plant & Equipment 698,887.84
Total Fixed Assets 698,887.84
Other Assets
17000 • Intangible Assets
17010 • Covenant Not to Compete
17015 • Accumulated Amortization
17010 • Covenant Not to Compete - Other
-63,888.92
100,000.00
Total 17010 • Covenant Not to Compete 36,111.08
Page 1
11:16 AM
06/16/21
Accrual Basis
Justice Trucking, Inc.
Balance Sheet
As of May 31, 2021
17020 • Customer List
17025 • Accumulated Amortization
17020 • Customer List - Other
Total 17020 • Customer List
Total 17000 • Intangible Assets
18000 • Other Assets
18010 • Vendor Security Deposits
Total 18000. Other Assets
Total Other Assets
TOTAL ASSETS
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
21000 • Accounts Payable
May 31, 21
-63,888.92
100, 000.00
36,111.08
72,222.16
11,375.00
11,375.00
83,597.16
1,866,873.68
49,806.27
Total Accounts Payable 49,806.27
Credit Cards
Chase Business Visa
CostCo Visa
16,339.65
-956.88
Total Credit Cards 15,382.77
Other Current Liabilities
22000 • Intercompany Payables
22020 • Due To Justice Leasing
110,890.00
Total 22000 • Intercompany Payables 110,890.00
22500 • Other Current Liabilities
22510 • Payroll Related Liabilities
22511 • Payroll Liabilities
Federal Payroll Taxes Due
Colorado Payroll Taxes Due
Due to Dental Ins.
Due to Vision Ins.
Payroll Tax Interest & Penalty
Total 22511 • Payroll Liabilities
22512 • Child Support
-2,814.72
55.37
48.32
70.44
45,925.41
43,284.82
1,045.69
Total 22510 • Payroll Related Liabilities 44,330.51
22530 • Security Deposit
22550 • N/P - Shareholder Notes Payable
22551 • N/P - Shareholder (JR)
22552 • N/P - Shareholder (RJ)
22550 • N/P - Shareholder Notes Payable - Other
-2,912.08
7,087.92
23, 000.00
6,000.00
Total 22550 • N/P - Shareholder Notes Payable 27,175.84
Total 22500 • Other Current Liabilities
Total Other Current Liabilities
Total Current Liabilities
77,506.35
188,396.35
253, 585.39
Page 2
11:16 AM
06/16/21
Accrual Basis
Justice Trucking, Inc.
Balance Sheet
As of May 31, 2021
Long Term Liabilities
25000 • Notes Payable
25034 • N/P-TRANSLEASE 004 T205
25033 • NIP-TRANSLEASE 005 T-208
25031 • NIP-BMO HARRIS BANK T-110
25030 • NIP - Wray State Bank -Sandblast
25026 NIP-Translease 003 Low
25022 NIP - Iron Planet
25016 • N/P - White Mountain Transport
25017 • N/P - Cat Finanial - D6 Dozer
25018 • CIT Direct Capital - JD Grader
25019 • Merchants Bank - HydroVac
Total 25000 • Notes Payable
Total Long Term Liabilities
Total Liabilities
Equity
30400 • Shareholder Contributions
30000 • Shareholder's Equity
30100 • Capital Stock
30300 • Shareholder Distributions
31000 • Retained Earnings
Net Income
May 31, 21
82,659.40
25,697.53
25,131.63
25,370.15
42,356.99
201,384.28
664,102.52
39,010.41
85,097.62
54,722.40
1,245,532.93
1,245,532.93
1,499,118.32
13,500.00
-182.19
1,000.00
-273,444.67
650,361.36
-23,479.14
Total Equity 367,755.36
TOTAL LIABILITIES & EQUITY 1,866,873.68
Page 3
21 -May 21 -Jun 21 -Jul 21 -Aug 21 -Sep 21 -Oct 21 -Nov 21 -Dec 22 -Jan 22 -Feb 22 -Mar 22 -Apr 22 -May
Income
40110 • Excavating Revenue
40120 • Frac Sand Revenue
40130.OTR Revenue
40150• Fuel Surcharge
40100 • Trucking Revenue - Other
40500. Other Revenue
Total Income
41,363.84 41,693.68 42,026.15 42,361.27 42,699.07 43,039.56 43,382.76 43,728.70 44,077.40 44,428.88 44,783.16 45,140.27 45,500.22
520 524.15 528.33 532.54 536.79 541.07 545.38 549.73 554.11 558.53 562.99 567.47 572.00
25,900.00 26,106.53 26,314.71 26,524.54 26,736.05 26,949.25 27,164.15 27,380.76 27,599.10 27,819.18 28,041.01 28,264.61 28,490.00
678.35 683.76 689.21 694.71 700.25 705.83 711.46 717.13 722.85 728.62 734.43 740.28 746.18
20,071.55 20,231.60 20,392.93 20,555.55 20,719.46 20,884.68 21,051.22 21,219.08 21,388.29 21,558.84 21,730.75 21,904.04 22,078.70
50 50.40 50.80 51.21 51.61 52.03 52.44 52.86 53.28 53.70 54.13 54.56 55.00
88,583.74 89,290.12 90,002.13 90,719.82 91,443.23 92,172.41 92,907.41 93,648.26 94,395.03 95,147.75 95,906.47 96,671.24 97,442.11
Cost of Goods Sold
51110 • Driver Pay 17,452.76 17,452.76 17,452.76 17,452.76 17,452.76 17,452.76 17,452.76 17,452.76 17,452.76 17,452.76 17,452.76 17,452.76 17,452.76
51120 • Driver Payroll Taxes 1,350.86 1,350.86 1,350.86 1,350.86 1,350.86 1,350.86 1,350.86 1,350.86 1,350.86 1,350.86 1,350.86 1,350.86 1,350.86
51210 • Construction Pay 19,482.74 19,482.74 19,482.74 19,482.74 19,482.74 19,482.74 19,482.74 19,482.74 19,482.74 19,482.74 19,482.74 19,482.74 19,482.74
51220 • Construction Payroll Taxes 1,536.55 1,536.55 1,536.55 1,536.55 1,536.55 1,536.55 1,536.55 1,536.55 1,536.55 1,536.55 1,536.55 1,536.55 1,536.55
51310 • Maintenance/Labor Pay 5,692.30 5,692.30 5,692.30 5,692.30 5,692.30 5,692.30 5,692.30 5,692.30 5,692.30 5,692.30 5,692.30 5,692.30 5,692.30
51320 • Maintenance/Labor - Payroll Tax 435.46 435.46 435.46 435.46 435.46 435.46 435.46 435.46 435.46 435.46 435.46 435.46 435.46
52100 • Drug Testing/Background Screen 667.4 667.4 667.4 667.4 667.4 667.4 667.4 667.4 667.4 667.4 667.4 667.4 667.4
53100 • Shop Supplies 2,226.05 2,226.05 2,226.05 2,226.05 2,226.05 2,226.05 2,226.05 2,226.05 2,226.05 2,226.05 2,226.05 2,226.05 2,226.05
53300 • Small Tools and Equipment 61.79 61.79 61.79 61.79 61.79 61.79 61.79 61.79 61.79 61.79 61.79 61.79 61.79
53500 • Shop Sanitation 90 90 90 90 90 90 90 90 90 90 90 90 90
53600 • Shop/Yard Repairs & Maintenance 1,864.05 1,864.05 1,864.05 1,864.05 1,864.05 1,864.05 1,864.05 1,864.05 1,864.05 1,864.05 1,864.05 1,864.05 1,864.05
53700 • Shop Expense - Other 270.59 270.59 270.59 270.59 270.59 270.59 270.59 270.59 270.59 270.59 270.59 270.59 270.59
53000 • Shop Expense - Other 60.79 60.79 60.79 60.79 60.79 60.79 60.79 60.79 60.79 60.79 60.79 60.79 60.79
54000 • Equipment Rental Expense 7,322.67 7,322.67 7,322.67 7,322.67 7,322.67 7,322.67 7,322.67 7,322.67 7,322.67 7,322.67 7,322.67 7,322.67 7,322.67
57000 • Materials-Compost/Topsoil/Rock 12,854.64 12,854.64 12,854.64 12,854.64 12,854.64 12,854.64 12,854.64 12,854.64 12,854.64 12,854.64 12,854.64 12,854.64 12,854.64
57100 • COGS - Outside Services 575.31 575.31 575.31 575.31 575.31 575.31 575.31 575.31 575.31 575.31 575.31 575.31 575.31
58000 • Fuel 20,493.49 20,493.49 20,493.49 20,493.49 20,493.49 20,493.49 20,493.49 20,493.49 20,493.49 20,493.49 20,493.49 20,493.49 20,493.49
58100 • Tires 10,634.42 10,634.42 10,634.42 10,634.42 10,634.42 10,634.42 10,634.42 10,634.42 10,634.42 10,634.42 10,634.42 10,634.42 10,634.42
58200 • Repairs and Maintenance 9,087.13 9,087.13 9,087.13 9,087.13 9,087.13 9,087.13 9,087.13 9,087.13 9,087.13 9,087.13 9,087.13 9,087.13 9,087.13
Total COGS 112,159.00 112,159.00 112,159.00 112,159.00 112,159.00 112,159.00 112,159.00 112,159.00 112,159.00 112,159.00 112,159.00 112,159.00 112,159.00
Gross Profit -23,575.26 -22,868.88 -22,156.87 -21,439.18 -20,715.77 -19,986.59 -19,251.59 -18,510.74 -17,763.97 -17,011.25 -16,252.53 -15,487.76 -14,716.89
Expense
61110 • Administrative Pay
61120 • Admin Payroll Taxes
61100 • Administrative Payroll - Other
62315 • Life Insurance
62140 • Worker's Compensation
60160 • Employee Recruitment
62300 • Health Insurance
66005 • Employer 401k Match
62900 Employee Expense - Other
64150 Office Supplies
64200 • IT Expense
64300 • Postage and Delivery
64400 Software
61800. Office Expense - Other
8,615.60 8,615.60 8,615.60 8,615.60 8,615.60 8,615.60 8,615.60 8,615.60 8,615.60 8,615.60 8,615.60 8,615.60 8,615.60
687.86 687.86 687.86 687.86 687.86 687.86 687.86 687.86 687.86 687.86 687.86 687.86 687.86
431.1 431.1 431.1 431.1 431.1 431.1 431.1 431.1 431.1 431.1 431.1 431.1 431.1
176.25 176.25 176.25 176.25 176.25 176.25 176.25 176.25 176.25 176.25 176.25 176.25 176.25
1,760.00 1,760.00 1,760.00 1,760.00 1,760.00 1,760.00 1,760.00 1,760.00 1,760.00 1,760.00 1,760.00 1,760.00 1,760.00
766.62 766.62 766.62 766.62 766.62 766.62 766.62 766.62 766.62 766.62 766.62 766.62 766.62
881.2 881.2 881.2 881.2 881.2 881.2 881.2 881.2 881.2 881.2 881.2 881.2 881.2
692.32 692.32 692.32 692.32 692.32 692.32 692.32 692.32 692.32 692.32 692.32 692.32 692.32
37 37 37 37 37 37 37 37 37 37 37 37 37
361.79 361.79 361.79 361.79 361.79 361.79 361.79 361.79 361.79 361.79 361.79 361.79 361.79
1,872.15 1,872.15 1,872.15 1,872.15 1,872.15 1,872.15 1,872.15 1,872.15 1,872.15 1,872.15 1,872.15 1,872.15 1,872.15
8.45 8.45 8.45 8.45 8.45 8.45 8.45 8.45 8.45 8.45 8.45 8.45 8.45
815.52 815.52 815.52 815.52 815.52 815.52 815.52 815.52 815.52 815.52 815.52 815.52 815.52
44.14 44.14 44.14 44.14 44.14 44.14 44.14 44.14 44.14 44.14 44.14 44.14 44.14
64000 • Lease/Rent Equipment Expense
64100• Rent Expense
65100 • General Liability Insurance
65200 • Life , Dental, Vison Insurance
65000• Insurance Expense - Other
62410 • Accounting
61530 • Dues and Subscriptions
63000 • Telephone Expense
63100 • Utilities
61310• Travel
61320 • Meals
62200 • Interest Expense
70000 • Miscellaneous Expense
Total Expense
25,614.88 25,614.88 25,614.88 25,614.88 25,614.88 25,614.88 25,614.88 25,614.88 25,614.88 25,614.88 25,614.88 25,614.88 25,614.88
3,722.00 3,722.00 3,722.00 3,722.00 3,722.00 3,722.00 3,722.00 3,722.00 3,722.00 3,722.00 3,722.00 3,722.00 3,722.00
339.5 339.5 339.5 339.5 339.5 339.5 339.5 339.5 339.5 339.5 339.5 339.5 339.5
16.26 16.26 16.26 16.26 16.26 16.26 16.26 16.26 16.26 16.26 16.26 16.26 16.26
12,976.50 12,976.50 12,976.50 12,976.50 12,976.50 12,976.50 12,976.50 12,976.50 12, 976.50 12,976.50 12,976.50 12,976.50 12,976.50
1,284.01 1,284.01 1,284.01 1,284.01 1,284.01 1,284.01 1,284.01 1,284.01 1,284.01 1,284.01 1,284.01 1,284.01 1,284.01
2,936.94 2,936.94 2,936.94 2,936.94 2,936.94 2,936.94 2,936.94 2,936.94 2,936.94 2,936.94 2,936.94 2,936.94 2,936.94
1,563.34 1,563.34 1,563.34 1,563.34 1,563.34 1,563.34 1,563.34 1,563.34 1,563.34 1,563.34 1,563.34 1,563.34 1,563.34
1,112.49 1,112.49 1,112.49 1,112.49 1,112.49 1,112.49 1,112.49 1,112.49 1,112.49 1,112.49 1,112.49 1,112.49 1,112.49
703.96 703.96 703.96 703.96 703.96 703.96 703.96 703.96 703.96 703.96 703.96 703.96 703.96
1,293.71 1,293.71 1,293.71 1,293.71 1,293.71 1,293.71 1,293.71 1,293.71 1,293.71 1,293.71 1,293.71 1,293.71 1,293.71
2,182.37 2,182.37 2,182.37 2,182.37 2,182.37 2,182.37 2,182.37 2,182.37 2,182.37 2,182.37 2,182.37 2,182.37 2,182.37
1,305.12 1,305.12 1,305.12 1,305.12 1,305.12 1,305.12 1,305.12 1,305.12 1,305.12 1,305.12 1,305.12 1,305.12 1,305.12
72,201.08 72,201.08 72,201.08 72,201.08 72,201.08 72,201.08 72,201.08 72,201.08 72,201.08 72,201.08 72,201.08 72,201.08 72,201.08
Net Ordinary Income -95,776.34 -95,069.96 -94,357.95 -93,640.26 -92,916.85 -92,187.67 -91,452.67 -90,711.82 -89,965.05 -89,212.33 -88,453.61 -87,688.84 -86,917.97
Other Income
Interest earned
Net Other Income
1.15
1.15
1.15 1.15
1.15 1.15
1.15 1.15
1.15 1.15
1.15 1.15
1.15 1.15
1.15 1.15
1.15 1.15
1.15 1.15
1.15 1.15
1.15 1.15
1.15 1.15
Net Income -95,775.19 -95,068.81 -94,356.80 -93,639.11 -92,915.70 -92,186.52 -91,451.52 -90,710.67 -89,963.90 -89,211.18 -88,452.46 -87,687.69 -86,916.82
11:15 AM
06/16/21
Accrual Basis
Justice Trucking, Inc.
Profit & Loss
May 2021
Ordinary Income/Expense
Income
40000 • Income
40100 • Trucking Revenue
40110 • Excavating Revenue
40120 • Frac Sand Revenue
40130 • OTR Revenue
40150 • Fuel Surcharge
40100 • Trucking Revenue - Other
Total 40100 • Trucking Revenue
40500 • Other Revenue
Total 40000 • Income
Total Income
Cost of Goods Sold
50000 • Cost of Goods Sold
51000 • COGS - Payroll
51100 • Driver Payroll
51110 • Driver Pay
51120 • Driver Payroll Taxes
May 21
41, 363.84
520.00
25,900.00
678.35
20,071.55
88,533.74
50.00
88,583.74
17,452.76
1,350.86
Total 51100 • Driver Payroll 18,803.62
51200 • Construction Payroll
51210 • Construction Pay 19,482.74
51220 • Construction Payroll Taxes 1,536.55
Total 51200 • Construction Payroll 21,019.29
51300 • Mantenance/Labor Payroll
51310 • Maintenance/Labor Pay 5,692.30
51320 • Maintenance/Labor - Payroll Tax 435.46
Total 51300 • Mantenance/Labor Payroll
6,127.76
88,583.74
Total 51000 • COGS - Payroll 45,950.67
52000 • COGS Employee Expenses
52100 • Drug Testing/Background Screen 667.40
Total 52000 • COGS Employee Expenses
53000 • Shop Expense
53100 • Shop Supplies
53300 • Small Tools and Equipment
53500 • Shop Sanitation
53600 • Shop/Yard Repairs & Maintenance
53700 • Shop Expense - Other
53000 • Shop Expense - Other
Total 53000 • Shop Expense
54000 • Equipment Rental Expense
57000 • Materials-Compost/Topsoil/Rock
57100 • COGS - Outside Services
58000 • Fuel
58100 • Tires
58200 • Repairs and Maintenance
Total 50000 • Cost of Goods Sold
Total COGS
Gross Profit
667.40
2,226.05
61.79
90.00
1,864.05
270.59
60.79
4,573.27
7,322.67
12,854.64
575.31
20,493.49
10,634.42
9,087.13
112,159.00
112,159.00
-23,575.26
Page 1
11:15 AM
06/16/21
Accrual Basis
Justice Trucking, Inc.
Profit & Loss
May 2021
Expense
61100 • Administrative Payroll
61110 • Administrative Pay
61120 • Admin Payroll Taxes
61100 • Administrative Payroll - Other
May 21
8,615.60
687.86
431.10
Total 61100 • Administrative Payroll 9,734.56
62000 • Employee Expense
62315 • Life Insurance 176.25
62305 • Dental Insurance 0.00
62140 • Worker's Compensation 1,760.00
60160 • Employee Recruitment 766.62
62300 • Health Insurance 881.20
66005 • Employer 401k Match 692.32
62900 • Employee Expense - Other 37.00
Total 62000 • Employee Expense 4,313.39
61800 • Office Expense
64150. Office Supplies 361.79
64200 • IT Expense 1,872.15
64300 Postage and Delivery 8.45
64400 • Software 815.52
61800 • Office Expense - Other 44.14
Total 61800 • Office Expense 3,102.05
64000 • Lease/Rent Equipment Expense
64100 • Rent Expense
65000 • Insurance Expense
65100 • General Liability Insurance
65200 • Life , Dental, Vison Insurance
65000 • Insurance Expense - Other
25,614.88
3,722.00
339.50
16.26
12,976.50
Total 65000 • Insurance Expense 13,332.26
62400 • Professional Fees
62410 • Accounting 1,284.01
Total 62400 • Professional Fees 1,284.01
61530 • Dues and Subscriptions
63000 • Telephone Expense
63100 • Utilities
61300 • Travel, Meals & Entertainment
61310 • Travel
61320 • Meals
Total 61300 • Travel, Meals & Entertainment
62200 • Interest Expense
70000 • Miscellaneous Expense
70000 • Miscellaneous Expense - Other
Total 70000 • Miscellaneous Expense
Total Expense
Net Ordinary Income
Other Income/Expense
Other Income
Interest earned
2,936.94
1,563.34
1,112.49
703.96
1,293.71
1,997.67
2,182.37
1,305.12
1,305.12
72,201.08
-95,776.34
1.15
Total Other Income 1.15
Page 2
11:15 AM
06/16/21
Accrual Basis
Justice Trucking, Inc.
Profit & Loss
May 2021
Other Expense
80000 • Ask My Accountant
Total Other Expense
Net Other Income
Net Income
May 21
0.00
0.00
1.15
-95,775.19
Page 3
Last Name
First
Name
Employee Address
Unit
City
State
BUDDELL
DEREK
323 COUNTY RD 55
GILL
CO
Clapper
Genny
11531 CR 19
Ft. Morgan
CO
Dhooge
Leroy
3500 35th Avenue
Lot 171
Greeley
CO
Ehrlick
Todd
10522 Barron Cir
Firestone
CO
Erickson
Nicholas
311 Sally St
Wiggins
CO
Glover
P Scott
3907 W 4th St Rd
Greeley
CO
Jacobucci
John
2757 W. 24th Street
Greeley
CO
JOHNSON
HERMAN
PO BOX 200508
Evans
CO
JUSTICE
BEAU
24125 CR 42
LASALLE
CO
JUSTICE
RUSSELL
24125 CR 42
LASALLE
CO
Kraft
Lance
3612 Rialto Ave
Evans
CO
Lucero
Oscar
9736 Kalisell St
Commerce
City
CO
Maltos
Nancy
2844 W. E Street
Greeley
CO
McNeely
Matthew
3203 Carson Ave
Unit A
Evans
CO
Meitl
Conrad
2125 22nd Street Rd
Greeley
CO
Miller
Josh
456 Hwy 20 North
Worland
WY
Moore
(Eddy)
704 McJester Rd
Pangburn
AR
Mossberg
Molly
19364 WCR 52
LaSalle
CO
Pohl
Don
5707 Zinfandel
Evans
CO
REYNOLDS
CODI
3222 San Carlo Ave
Evans
CO
Reynolds
Julee
24125 CR 42
La Salle
CO
Wagner
Cheyenne
375 S Pine St
Keenesburg
CO
Zip
80624
80701
80634
80504
80654
80634
80634
80620
80645
80645
80620
80022
80631
80620
80631
82401
72121
80645
80634
80620
80645
80643
From: Jeff Engell
To: Tom Parko Jr.
Subject: Re: Justice Trucking - Weld County Incentive Program
Date: Thursday, July 8, 2021 8:10:25 AM
ICaution: This email originated from outside of Weld County Government. Do not click links or open attachments unless
you recognize the sender and know the content is safe.
Hi Tom, glad you had a chance to get away for a bit....I've got some time slated for later this
month to do the same. As for Justice Trucking's biz plan, we are pleased with the effort and
process the owners went through in updating/revising their plan. They are solidly positioned
for growth in the future. If there is additional information you need in processing the incentive
grant, please let me know.
J
On Tue, Jul 6, 2021 at 1:06 PM Tom Parko Jr. <tparko@weldgov.com> wrote:
Jeff,
Good afternoon. I hope you had a nice holiday break. If their business plan looks good to
you just send me an email to that effect. Thank you for working with the owners.
Sincerely,
Tom Parko
Director, Dept. of Planning Services
Weld County
From: Jeff Engell <jeff@eastcoloradosbdc.com>
Sent: Tuesday, June 29, 2021 9:34 AM
To: Tom Parko Jr. <tparko@weldgov.com>
Subject: Re: Justice Trucking - Weld County Incentive Program
ICaution: This email originated from outside of Weld County Government. Do not click links or open attachments
unless you recognize the sender and know the content is safe.
Hi Tom,
I wanted to follow-up on the prior note for Justice Trucking. Is there additional information
we can help supply to keep this process moving forward?
Jeff
On Mon, Jun 21, 2021 at 10:25 AM Jeff Engell <jeff@eastcoloradosbdc.com> wrote:
Hi Tom,
For several months, our office has worked closely with Julee Reynolds (cc'd) at Justice
Trucking to complete business planning efforts and consult on their forward looking
plans. A goal of this effort is to make them eligible for the Weld County Incentive
Program. Attached to this email, please find a copy of their current business plan as well
as financial statements reflective of current and future operations.
Can you confirm with us what the next steps in this process are? And/or if Julee or I need
to provide any additional information to process their approval?
Regards,
Jeff
Jeff Engell
Weld County Business Consultant ( East Colorado Small Business Development
Center
800 17th Street, Kepner Hall #0025 I Greeley, CO 80639 I PH 970.351.4274
jeff@eastcoloradosbdc.com I http://www.eastcoloradosbdc.com/
The Colorado SBDC is a Nationally Accredited Program
The East CO SBDC office will be closed to in -person and walk-in meetings until
further notice. For updates on COVID please visit our website
as eastcoloradosbdc.com/disaster-relief, the state site Coloradosbdc.org/covid, or
join our newsletter list http://bit.ly/eastcoupdate
Jeff Engell
Weld County Business Consultant I East Colorado Small Business Development
Center
800 17th Street, Kepner Hall #0025 I Greeley, CO 80639 I PH 970.351.4274
I Jeff@eastcoloradosbdc.com I http://www.eastcoloradosbdc.com/
The Colorado SBDC is a Nationally Accredited Program
The East CO SBDC office will be closed to in -person and walk-in meetings until
further notice. For updates on COVID please visit our website
as eastcoloradosbdc.com/disaster-relief, the state site Coloradosbdc.org/covid, or
join our newsletter list http://bit.ly/eastcoupdate
li
Jeff Engell
Weld County Business Consultant I East Colorado Small Business Development
Center
800 17th Street, Kepner Hall #0025 I Greeley, CO 80639 I PH 970.351.4274
I jeff@eastcoloradosbdc.comn I http://www.eastcoloradosbdc.com/
The Colorado SBDC is a Nationally Accredited Program
The East CO SBDC office will be closed to in -person and walk-in meetings until
further notice. For updates on COVID please visit our website
as eastcoloradosbdc.com/disaster-relief, the state site Coloradosbdc.org/covid, or join
our newsletter list http://bit.ly/eastcoupdate
le
RECEIPT
WELD COUNTY, CO
WELD COUNTY, CO
1401 N. 17TH AVENUE
Contact
Application: 1MUSR17-12-0061
Application Type: Planning/Minor Amendment to USR/na/NA
Address:24125 CR 42, WELD, CO 80645
Receipt No.
Payment
Method
Check
Owner Info.:
Work
Description:
RECEIPT
99012
Ref
Number
003761
REYNOLDS JULEE
Amount
Paid
$500.00
Payment Received Comments
Date
09/05/2017
A Minor Amendment to a Site Specific Development Plan and Use
by Special Review Permit No. USR12-0061 for a Site Specific
Development Plan and Use by Special Review Permit for Mineral
Resource Development Facilities including oil and gas support and
service (parking, staging and maintenance of oil and gas trucks) to
add a modular office in the A (Agricultural) Zone District
WELD COUNTY, CO
WELD COUNTY, CO
1401 N. 17TH AVENUE
Contact
Application: CMN20-0058
Application Type: Building/Commercial/Construction New/NA
Address:24125 CR 42,
Receipt No.
Payment
Method
Credit Card
Owner Info.:
122889
Ref
Number
1176
Amount
Paid
$20,599 46
Payment Received Comments
Date
06/08/2021
JUSTICE RUSSELL & JUSTICE JULEE
24125 CR 42
LA SALLE, CO 80645
Work REPERMIT OF EXPIRED BCR13-00550 - CHANGE OF USE
Description: FROM AG EXEMPT TO COMMERCIAL BUILDING - 6000 SF
STRUCTURAL STEEL BUILDING ON MONOLITHIC SLAB W/720
SF MEZZANINE FOR LIGHT STORAGE W/ ONE UNISEX
RESTROOM - UTILITIES INCLUDED - FOR OIL AND GAS
SUPPORT AND SERVICE FACILITY (PARKING, STAGING AND
MAINTENANCE OF OIL AND GAS TRUCKS) - JUSTICE
TRUCKING - USR12-0061 - FEES PER JOSE
Total Fees: $21,099.46
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