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Home My WebLink About760701.tiff X23 RESOLUTION RE: APPROVAL OF FINAL PLAT - GEISERT INDUSTRIAL SUBDIVISION. WHEREAS, on September 27, 1976 the Final Plat for Geisert Industrial Subdivision was submitted by Richard Geisert to the Board of County Commissioners for approval in accordance with the Subdivison Regulations of Weld County, and WHEREAS, the Board of County Commissioners heard all of the testimony and statements of those present, and WHEREAS, the Board of County Commissioners has studied the request and studied the recommendations of the Weld County Planning Commission, as submitted, and having been fully in- formed and satisfied that the submitted Final Plat conforms in all respects with the requirements of the Weld County Sub- division Regulations, and that approval of said Final Plat would be in the best interest of the County, and WHEREAS, the Board of County Commissioners finds that the Final Plat conforms in all major respects to the Preliminary Plat as previously reviewed and approved by the Planning Commission and the Board of County Commissioners, and WHEREAS, the Board of County Commissioners further finds that the applicant has complied with the Final Plat submission requirements as set forth in the Weld County Subdivison Reg- ulations, and WHEREAS, on September 16, 1976, the Weld County Utility Advisory Board recommended approval of the utility plan for the Final Plat which approval was a condition precedent to approval of the Final Plat by the Board of County Commissioners. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Final Plat for Geisert Industrial Subdivision located on Part of Lot 6 and Part of Lot 5 of the Southeast Quarter (SE4) of the North- east Quarter (NE4) of Section 5, and Lot 3 of the Southwest Quarter (SW4) of the Northwest Quarter (NW4) of Section 4, r, ' 760701 / k.� .�. Township 5 North, Range 65 West of the Sixth P.M. , Weld County, Colorado, according to the Union Colony Subdivision, Weld County, Colorado, being more particularly described as follows: Beginning at the Northwest Corner of said Lot 3 and considering the North line of said Lot 3 to bear South 86°44 ' 00" East and with all bearings contained herein being rel- ative thereto; Thence South 86°44 ' 00" East 727. 36 Feet to the Northeast Corner of said Lot 3; Thence South 03°19 ' 00" West 713. 56 Feet to the Southeast Corner of said Lot 3 ; Thence South 87052 ' 00" West 606 . 52 Feet; Thence North 02°09 ' 00" East 263 . 06 Feet; Thence North 86°44 ' 00" West 249 . 12 Feet to a point on the East right-of-way line of U.S. Highway 85 Bypass; Thence North 06°45 ' 30" West along said U.S. High- way 85 Bypass East Right-of-way line a distance of 727 . 49 Feet; Thence North 87°04 ' 00" East 254. 86 Feet to the East line of Lot 6; Thence South 02°09 ' 00" West 236. 33 Feet to the Point of Beginning; Said Subdivision contains 15.011 acres more or less; be, and hereby is, approved, subject to the Development Standards appearing on the Final Plat and also subject to the following terms and conditions : 1 . A letter of credit guaranteeing performance by the developer must be formally accepted by the Board of County Commissioners prior to recordation of the Final Plat. 2 . The payment in lieu of dedicated lands provided for by Section 8-15 of the Weld County Subdivision Regulations , shall be calculated on a basis of 5% of the subdivision acreage. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 4th day of October, A.D. , 1976 . BOARD OF COUNTY COMMISSIONERS WEL COUNTY, COLORADO 4.4,44 12- m/45.2 771 4 , '- ATTEST: 2 i L4 �i2+ . 7 Weld County Clerk and Recorder C ! and Clerk to the Bo rd %u v'1t�Cmrr c BY,A.C "V (2.vf'' Deputy Cou "Clerk "' \ 7PP O D AS T County Attorney -2- Geisert Industrial P.U.D. Development Standards 1 . Permitted Uses: All those uses as listed in the Weld County Zoning Regulations, Sections 3.9 and 3.10 in effect at the date of approval of this P.U.D. by the Board of County Commissioners. All uses must be consistent with the City of Greeley Light Industrial Zoning Codes and Require- ments. The use shall be reviewed for compliance at the time of the final site plan review. 2. Signs: Signs must comply with applicable requirements of Weld County Zoning Resolution. Applicable permits shall be obtained. 3. Access: Access shall be resticted onto the frontage road as designated on the plat as follows: (a) One access for lot 1 onto the frontage road; (b) One access for East 4th Street Road as shown hereon. Driveway permits from the State Department of Highways shall be obtained for each of the above accesses onto the frontage road. Lots 2 through 9 shall be limited to access on East 4th Street Road; access for these lots shall not be permitted from the frontage road. More that one access per lot for lots 2 through 9 onto East 4th Street Road may be allowed subject to approval in the final site plan review. Geisert Industrial PUD Page 2 4. Parking: All parking will be on site, furnsihed by the individual lot owners. Such parking facilities must comply with the Weld County Zoning Reso- lution requirements and applicable requirements of the City of Greeley which may be in force at the time of construction upon the site. 5. Interim Land Use: Until such time as a lot is sold said lot shall not be used for other than its present use. The owner shall be responsible for maintaining the premises so as to eliminate weed growth in excess of 12 inches in height. 6. Landscaping: (a) No more than 85% of the area of any lot shall be covered by buildings, asphalt, or gravel . (b) A minimum of 15% of each lot shall be maintained as landscaped area. (c) A minimum of 10' adjacent to the public right of way shall be landscaped. 7. Drainage: Each individual lot owner will be responsible for surface water runoff. A drainage study will be submitted and subject to approval in the final site plan review prior to issuance of building permits for each lot. No runoff will be allowed beyond limits as illustrated on the final plat. 8. Water Supply Source: City of Greeley, Colorado Geisert Indurtrial PUD Page 3 9. Sewage Disposal : Individual on-lot disposal systems whall be allowed on each lot subject to County and State Health Regulations. The proposed dis- posal systems shall be reviewed for compliance and approval at the time of final site plan review. Upon availability of City of Greeley sewer service to the subject property, known as Geisert Industrial P.U.D. , the owner or owners of the lots shall be required to connect onto the City sewer system and be responsible for extending the sewer lines to the outer boundaries of the property known as Geisert In- dustrial P.U.D. upon request by the City of Greeley. All construction of sewer lines shall meet the specifications and requirements of the City of Greeley. If City of Greeley sewer service is abailable adjacent to the Geisert Industrial P.U.D. property at the time when a lot owner submits a final site plan for review, then it shall be required that the lot owner connect onto the City sewer system at that time and an individual on-lot sewage disposal system shall not be allowed. 10. Lot Standards: (a) 30 foot front setback (b) 20 foot rear setback (c) 60 foot maximum height 11 . Taxing Districts: School District (6/4) Aims Junior College Weld County, Colorado Geisert Industrial PUD Page 4 12. Building Standards: All structures shall be constructed such that the lowest floor to be occupied will be at an elevation known to be above the 100 year flood elevation; said elevations to be noted on the Final Plat prior to recordation. Construction details to be reviewed for compliance at the time of fianl site plan review. 13. Site Plan Review: Prior to the issueance of any building permits for any individual lot of the Geisert Industrial P.U:D. , a final site plan shall be re- viewed by the Weld County Planning Commission for a recommendation and the Board of County Commissioners for their approval . Any change of use on a lot which has been approved in a final site plan review shall be subject to review again for the new use. The final site plan review shall include the following: (a) Identification in detail of the proposed use; (b) The number, type, and frequency of traffic of traffic generated; (c) The number of employees; (d) A drainage study for the lot; (e) Indication of the number and location of the proposed accesses and the internal traffic flow pattern; (f) Information on measures to be utilized to prevent construction below the 100 year floodplain level ; (g) Indication of landscaping proposed; (h) Information on what provisions shall be made for fire protection; (i ) Indication of the water requirements and the proposed water system; (j) Indication of the sewage requirements and details on the proposed system; • Geisert Industrial PUD Page 5 (k) Identification of the number of parking spaces to be provided; (1 ) Submittal of front, side and back elevations for the proposed structure. This required information shall be submitted in a combination of written map form utilizing the Weld County P.U.D. guidelines. 14. All utilities shall be installed underground within the subject property. BEFORE 1 . WELD COUNTY , COLORADO PL MING COMMISSION RESOLUTION OF RECOMMENDATION TO THE BOARD OF COUNTY COMMISSIONERS Case No . S-123 Date 9-21-76 APPLICATION OF Richard Geisert ADDRESS P. 0. Box 1265, Greeley, CO 80631 Moved by Ms. Yost that the following resolution be introduced for passage by the Weld County Planning Commission : Be it Resolved by the Weld Codltrplanning Commission that the Subdivision Plat Final Plat for:In u trial Planned Unit Development located on the following described property in Weld County , Colorado , to-wit • DEDICATION KNOW ALL MEN BY THESE PRESENTS THAT RICHARD H. GEISERT AND FRANCIS M. GEISERT BEING THE OWNERS OF CERTAIN LANDS IN WELD COUNTY, COLORADO, DESCRIBED AS FOLLOWS: p l,� A SUBDIVISION LOCATED IN PART OF LOT 6 AND IN PART OF LOT 5 OF THE SOUTHEAST QUARTER (SE I /4) /V' OF THE NORTHEAST QUARTER (NE I /4) OF SECTION 5, AND LOT 3 OF THE SOUTHWEST QUARTER (SW, I14) 1d( OF THE NORTHWEST QUARTER (NW I /4) OF SECTION 4, TOWNSHIP 5 NORTH, RANGE 65 WEST OF THE SIXTH •IL x�2 PRINCIPAL MERIDIAN, ACCORDING TO THE UNION COLONY SUBDIVISION, WELD COUNTY, COLORADO, AND BEING ' MORE PARTICULARLY DESCRIBED AS FOLLOWS: _2. / / BEGINNING AT THE NORTHWEST CORNER OF SAID LOT 3 AND CONSIDERING THE NORTH LINE OF SAID LOT 3 TO BEAR SOUTH 86°44' 00" EAST AND WITH ALL OTHER BEARINGS CONTAINED HEREIN BEING RELATIVE THERETO; THENCE SOUTH 86°44'00" EAST 727.36 FEET TO THE NORTHEAST CORNER OF SAID LOT 3; THENCE SOUTH 03°19'00" WEST 713.56 FEET TO THE SOUTHEAST CORNER OF SAID LOT 3; THENCE SOUTH 87°52'00" WEST 606.52 FEET; THENCE NORTH 02°09' 00" EAST 263.06 FEET; THENCE NORTH 86°44'00" WEST 249.12 FEET TO A POINT ON THE EAST RIGHT-OF-WAY LINE OF U.S. HIGHWAY 85 BYPASS; THENCE NORTH 06°45'30" WEST ALONG SAID U.S. HIGHWAY 87 BYPASS EAST RIGHT-OF-WAY LINE A DISTANCE OF 727.49 FEET THENCE NORTH 87°04'00" EAST 254.86 FEET TO THE EAST LINE OF LOT 6; THENCE SOUTH 02°09'00" WEST 236.33 FEET TO THE POINT OF BEGINNING; SAID SUBDIVISION CONTAINS 15.011 ACRES MORE OR LESS: HAVE BY THESE PRESENTS LAID OUT, PLATTED AND SUBDIVIDED THE SAME INTO LOTS AND BLOCKS, AS SHOWN ON THIS PLAT, UNDER THE NAME AND STYLE OF GEISERT INDUSTRIAL P.U.D. AND DO HEREBY DEDICATE TO THE PUBLIC ALL WAYS AND OTHER PUBLIC RIGHTS-OF-WAY AND EASEMENTS FOR PURPOSES SHOWN HEREON. IT IS UNDERSTOOD AND AGREED TO BY THE OWNER THAT THE DEDICATED ROADWAYS SHOWN ON THIS PLAT WILL NOT BE MAINTAINED BY THE COUNTY UNTIL AND UNLESS THE OWNER OR HIS ASSIGNS CONSTRUCTS THE STREETS IN ACCORDANCE WITH THE SUBDIVISION REGULATIONS IN EFFECT AT THE DATE OF THE RECORDING OF THIS PUT. Ti xs n ey — Mr. Hiatt The Chairman declared the motion passed and ordered that a certified copy of this Resolution be forwarded with the file of this case to the Board ofCounty Commissioners for further proceedings . 0 T l� See Attached COUNTY OF WELD !6 Fi;ad with the CIcrm of the board of County Commissioners SEPT2a 976 COUNTY CLERK AND RECORDER By Deputy be recommended (favorably ) glikkOMMOXXf`l to the Board of County Commissioners for the following reasons : 1. This final plat conforms in all major respects to the preliminary plan as previously reviewed and approved by the Planning Commission and Board of County Commissioners. 2. The applicant has complied with the final plat submission requirements as set forth in the WEld County Subdivision Regulations. 3. On September 16, 1976, the WEld County Utility Advisory Board recommended approval of the Utility plan for the final plat. Motion seconded by Mr. Hiatt Vote : for Passage Ms. Yost Against Passage Mr. Nix Mr. Heitman Mr. Ashley Mr. Hiatt The Chairman declared the motion passed and ordered that a certified copy of this Resolution be forwarded with the file of this case to t Board ofCounty Commissioners for further proceedings . CERTIFICATION OF COPY I , Pat Rymer , Recording Secretary of Weld County Planning Commission, do hereby certify that the above and foregoing Resolution is a true copy of Resolution of Planning Commission of Weld County, Colorado, adopted on September 21 , 1976 , and recorded in Book No. 5 Page No. , of the proceedings of said Planning Commission. Dated this 22 day of _ September 19 76 Recording ecretary, Weld my Planning Commission i) s ) OFFICE OF BOARD OF COUNTY COMMISSIONERS PHONE(3031 353-2212 EXT.221,222&223 P.O. BOX 758 • GREELEY,COLORADO 60631 COLORADO October 4, 1976 Mr. Larry G. Neuschwanger Cache National Bank of Greeley Greeley, Colorado 80631 RE : Letter of Credit #142 Richard H. Geisert and Francis M. Geisert . Dear Mr. Neuschwanger: Pursuant to Weld County Subdivision Regulations Section 6-2 (J) and Section 11 , we are in receipt of the Letter of Credit hereinabove mentioned. Said Letter of Credit is in relation to the Geisert Industrial Subdivision located in part of Sections 5 and 4 , Township 5 North, Range 65 West, Weld County, Colorado. As stated in the Subdivision Regulations, a guarantee • must be made to Weld County that the required improvements will be made. In subject subdivision, improvements include road construction, engineering fees for same, fire hydrants, water mains, etc. Your clients have elected to submit the Letter of Credit as their guarantee. At the time of completion of the above improvements, a release of the Letter of Credit will be made. However, if there is noncompliance as evidenced by failure to complete the improvements, a draft or drafts on said Letter of Credit will be made for the purpose of hiring a contractor to complete the necessary work. We hope you have a clearer understanding of our require- ments. If you do have any further questions, do not hesitate to contact us. Sincerely, GLENN K. BILLINGS /1{156 Chairman, Board of County Commissioners Weld County, Colorado GKB:j lh WELD COUNTY COMMISSIONERS June K. Steinmark GLENN K.BILLINGS Norman Carlson VICTOR JACOBUCCI ROY MOSER ta D. Where the subdivider is to dedicate land for schools , roads , parks , or other public purposes , a letter of intent from the appropriate public agencies stating that it will accept the lands to be dedicated . E . A copy of a contract , or some tangible guarantee , pro- viding for public water supply when water is to be i furnished by a public water supply agency. !I F. Where off-site sewage dispgtal i ', rr,,,uirr• contract , or some tarcihlc, 1 , 0 . V1�/ of ., 111 _m- ; _ -ant agenCJ . G. When a new street will intersect with a state highway , a copy of the state highway permit . H . Statements from gas , electric , telephone and other nec - essary utilities that service will he provided) to the subdivision . � I . Wherever applicable , a copy of agreements signed by '1 agricultural irrigation ditch companies specifying e agreed upon treatment of the ditch including fencingprovided in Section 8- 12 . U . Guarantee of Public Improvements / .-? �LI LS rte- / ! No Final Plat shall be ap proved ll submitted and the Board has app until the subdivider roveda Subdivision Imhas provement Agreement as provided in Section 11 . ilK. Summary Statement of Proposal with the following informa- tion .li — 1 ( 1 ) Total development area . (2) Total number of proposed dwelling units . 1 (3 ) Total number of square feet of non-residential floor space .11 (4 ) Total number of off-street parking spaces , exclud- ing those associated with single family resident- 1 ial development . (5 ) Estimated total number of gallons per day of water I system requirements where a distribution system is proposed . 1 (6 ) Estimated total number of gallons per day and the estimated pounds per day of BOD content of sewage to be treated where a central sewage treatment -Pao- li is proposed , or disposal means and suitability where no central sewage treatment facility is proposed . 1 -30- SECTION 11 IMPROVEMENTS AGREEMENT 11 - 1 Contract No Final Plat shall he approved by the Board until the subdivider has submitted a Subdivision Improvement Agree- ment or a contract approved by the Board agreeing to con- struct the required improvements as shown in plans , plats and supporting documents . 11 -2 Improvements Guarantee Suitable collateral , in an amount stipulated in the sub- division improvement agreement , shall accompany thE rinal Plat submission to ensure the completion of the improve- ments according to design and time specifications . If the improvements are not constructed in accordance with all of the specifications , the Board shall notify the subdividers of the noncompliance and discuss with the subdividers the reasons for the noncompliance and pro- pose . schedules for correcting the noncompliance . If the Board determines that the subdividers will not construct any or all of the improvements in accordance with all of the specifications , the Board shall have the power to withdraw and employ from the deposit of collateral such funds as may be necessary to construct the improvement or improvements in accordance witt the specifications . 11 -3 Release of Guarantee From time to time as the required improvements in a sub- division are completed , the subdivider may apply in writ- ing to the Board for a partial or full release of the bond , credit deposit letter , certified check , or other collateral . Upon receipt of such application in writing , the Board or its agent shall inspect that portion of the improvement which has been completed . If the Board deter- mines from such inspection that the improvements thus far completed have been made in accordance with the Final Plat and the requirements of these regulations , a portion of the bond , credit deposit letter , certified check , or other r collateral sufficient to cover the cost of the improve- ments thus far completed shall be released . -57 - FINAL SUBDIVISION APPLICATION Weld County Planning Department Services Building, Greeley, Colo. FOR PLANNING DEPARTMENT USE ONLY: CASE NUMBER SEC: TWP RANGE: LAND CODE: T: S: 1/4: KEY: SUB/DIV CODE: • SUB: BLK: LOT: J.KEY: , APPLICATION FEE:$5 ) ('e' APP. CHECKED BY: 17¢( REFER TO: • 11 DATE REC. NO: —79O:2.— 2) DATE LEGAL DESC. APPROVAL 3) DATE 4) DATE TO BE COMPLETED BY APPLICANT IN ACCORDANCE WITH PROCEDURAL GUIDE REQUIR- MENTS: Print or type only, except for necessary signatures. I (we) , the undersigned, hereby request a hearing before the Weld County Planning Commission concerning proposed subdivision of the following described unincorporated area of Weld County. LEGAL DESCRIPTION: See Attached • (if additional space is required, attach an additional sheet of this same size.) NAME OF PROPOSED SUBDIVISION Geisert's Industrial P.U.D. EXISTING ZONING Industrial P.U.D. PROPOSED ZONING TOTAL AREA (ACRES) 15.01 Acres NUMBER OF LOTS PROPOSED 9 Lots LOT SIZE: AVERAGE 1 .55 MINIMUM 1 Acre UTILITIES: WATER: NAME City of Greeley SEWER: NAME Individual GAS: NAME Greeley Gas Company PHONE: NAME DISTRICTS: SCHOOL: NAME District No. 6 FIRE: NAME Western Hills Fire District DESIGNERS' NAMENelson, Haley, Patterson &Qui{ADDRESS 2021 Clubhouse Drive, Greeley CO ENGINEERS' NAMENelson,Haley,Patterson 6 QuirkDDRESS 2021 Clubhouse Drive, Greeley CO FEE OWNER OF AREA PROPOSED FOR SUBDIVISION NAME Richard H. Geisert ADDRESS P.O. Box 1265,Greeley TELE. 352-3255 NAME ADDRESS TELE. NAME ADDRESS TELE. • I hereby depose and state under the penalties of perjury that all statements, proposals and/or plans submitted with or contained within the application are true and correct to the best of my knowledge. COUNTY OF ) STATE OF .) Signature: Orss1 or Authorize Agent /4%9" Subscribed and sworn to before me thisday of t. -. //� / , 19-4- SEAL Crru‘re-,',NOTA My commission expires: /A/72 PC- Sub - 6 • SUBDIVISION AGREEMENT THIS AGREEMENT, made and entered into this 19th day of January, 1972 by and between the County of Weld, Colorado, hereinafter called "County", and Richard H. and Francis Geisert hereinafter called "Subdivider". WITNESSETH: WHEREAS, Subdivider is the owner of the following described property in the County of Weld, Colorado: See Attached WHEREAS, a final plat of said property, known as Geisert Industrial P.U.D. has been submitted to the County for approval; and WHEREAS, it is provided by resolution of the Board of County Commissioners, County of Weld, that no final plat shall be approved unless the subdivider shall have entered into a written agreement with the County to install certain improvements; NOW, THEREFORE, in co:rideration of the foregoing and the acceptance and approval of said final plat, the parties hereto promise, covenant, and agree as follows: 1. Engineering Services: Subdivider shall furnish, at its own expense all enginerring services in connection with the design and construction of the subdivision improvements described and detailed on Exhibit "A", attached hereto and made a part hereof. 1. 1 Said engineering services shall be performed by a Registered Professional Engineer and Land Surveyor in the State of Colorado and shall conform to the standards and criteria for public works as established by the County. 1. 2 Said engineering services shall consist of, but not be limited to, surveys, designs, plans and profiles, estimates, construction supervision, and furnishing necessary material to the County. 1. 3 Subdivider shall furnish drawings and estimates to the County for approval prior to the letting of any con- struction contract. Before acceptance of the installed improvements, Subdivider shall furnish one set of repro- ducible "as-built" drawings and a final statement of construction cost.to the County. - 1 - ✓ SUBDIVISION IMPROVEMENTS AGREEMENT EXHIBIT "A" . Date : Name of Subdivision : Geiser 's Industrial P.U.D. Location :A A part of Lot 6 and Lot 5 of the SE1/4 of the NE1/4, Section 5; and Lot 3 of the SWl/4 of the NW1/4 of Section 4, T5N, R65W of the 6th P.M. , Weld County, Colorado, Intending to be legally bound , the undersigned subdivider hereby agrees to provide throughout this subdivision and as shown on the subdivision plat of Geisert's Industrial PUD, dated , 19 , the following county improvements . (Leave spaces blank where they do not apply) Estimated Construction Unit Construction Completion Improvements Cost Cost Cost - Street grading $0.75 Q.Y. $ 1,072.00 _ - Street base 3,693 S.Y. $1.20 S.Y. $ 4,432.00 Street paving 3,593 S.Y. $3. 50 S.Y. $12,926. 00 fixi*SY,xagateraxix C U 1 vertS200' x 18" $8.75 L.F. $ 1,750.00 Sidewalks Storm Sewer facilities µ� Retention ponds Ditch improvements Sub-surface drainage / Sanitary sewers Trunk & forced lines Mains Laterali Thouse cone / On-site Sewage facilities _ On-site Water supply & storage plater mains 6" = 660t @ $6,ia;8" = 1,4 4' 8.00 $15,338.00 Fire hydrants 600' Each $ 1,800.00 Survey & street monuments & boxes . Street lighting Street name signs ' Fencing requirements Landscape proposal Park improvements • SU$ . TOTAL _ $37,318.00 Supervision Cost $1558.00 • Engineering Costs • $3,230.00 ( testing , inspection , as=built plans and work in addition to preliminary and Final . Plat) TOTAL ESTIMATED COST OF IMPROVEMENTS AND SUPERVISION $ 42,106.00 SUBDIVISION IMPROVEMENTS AGREEMENT EXHIBIT "A" (continued) The above improvements shall be constructed in accordance with all County requirements and specifications , and conformance with this provision shall be determined solely by Weld County , or it' s duly authorized agent. The improvements shall be constructed in accordance with the time schedules shown above. - Signature of- Subdivider (If corporation , to be signed by President and attested to by Secretary, together with the corporate seal . ) Dated : , 19 ACCEPTANCE Approved by resolution of the at the meeting of , 19_ THE BOARD OF COUNTY COMMISSIONERS WELD COUNTY , COLORADO ATTEST: Clerk to the Board By Deputy County Clerk • APPROVED AS TO FORM: County Attorney r, CACHE NATIONAL BPNK OF GREELEY Greeley, Colorado 80631 Standby Irrevocable Letter of Credit No. 142 Date October 1, 1976 TO: Weld County Commissioner Weld County Colorado Greeley, Colorado 80631 Gentlemen: We hereby open our Irrevocable Letter of Credit in your favor in the amount of Forty-two Thousand Dollars and NO/100 Cents $42,000.00 available by drafts at sight and subject to the following terms and conditions: 1. Drafts. All drafts must be drawn on Cache National Bank of Greeley, must be negotiated or presented to Cache National Bank of Greeley on or before September 30, 1977, and must bear the reference: "DRAWN ON CACHE NATIONAL BANK OF GREELEY LETTER OF CREDIT NO. 142, DATED OCTOBER 1, 1976. 2. Notation. This is a notation letter of credit. Each draft must be accompanied by this Letter of Credit for endorsement by Cache National Bank of Greeley of the amount and date of each draft and the balance remaining. This letter of Credit must be surrendered to Cache National Bank of Greeley when exhausted. 3. Purpose. This Letter of Credit is issued for the account of RICHARD H. GEISERT and FRANCIS M. GEISERT. Disbursements will be made under this Letter of Credit to pay for: water, sewer, road construction, engineering fees and etc. This Letter of Credit relates to the following described real property: Lot Five (5) and the South 2/3 of Lot Six (6) of the Southeast Quarter (SE}) of the Northeast Quarter (NE}) of Section 5 and Lot Three (3) of the Southwest Quarter (SW1) of the Northwest Quarter (NW}) of Section 4 all in Township 5 North, Range 65 West of the 6th P. M. , according to the Union Colony Subdivision, lying East of the U. S. By-pass, Weld County, Colorado. 4. Documents. All drafts must be accompanied by the following documents: Vouchers for water, sewer, road construction, engineering fees and etc. 5. Other Terms and Conditions. This Letter of Credit shall not be transferable. It shall be governed by the laws of the State of Colorado, including the Uniform Commercial Code as in effect in that State. This Letter of Credit is NOT subject to the Uniform Customs and Practice for Documentary Credits. 6. Obligation of Issuer. Cache National Bank of Greeley agrees with the drawers, endorsers, and good faith holders of drafts drawn under and in compliance with the terms and conditions of this Letter of Credit that Cache National Bank of Greeley will duly honor such drafts upon presentation to this office. CACHE NATIONAL BANK OF GREELEY , ;) \ 77 Larry,AG. /Neuschwanger, Assistant (Vice`-President / L Date Paid By AMOUNT OF DRAFT Balance Remaining i" RECORDING DATA - IAP5 8 PI-T'S NAME OF SUBDIVISION NAME OF SUBDIVIDER / -- y/(16- dLu , 6 y ti 5-/ 1 UrATION OF SUBDIVISION -------' OCT 151976 BOOK _7 RECEPTION M i 70137 DATE OF RECORDING, MARY ANN FEUERSTEIN --------------- MELD COUNTY CLERK AND RECORDER BY:W DEPUTY COUNTY CLERK & RECORDER n?r * 14,TnnrbavMih*.Se".n .`. Co .ter � HL th • r Q 2 d F_ z z 1 1— Q f wa it 12 8 al O• 3 ,. u O. U LL U U • V LL 0 Y Q O .j0.4 • .F O Y []] L.; r Lu ` . Z w .n7 I: 444 t."'1,7 O v f _ wt z n ilk r �., File contains oversized map Please see original file Hello