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HomeMy WebLinkAbout20174287.tiffRESOLUTION RE: APPROVE FIRST AMENDMENT TO IMPROVEMENTS AGREEMENT ACCORDING TO POLICY REGARDING COLLATERAL FOR IMPROVEMENTS FOR USE BY SPECIAL REVIEW PERMIT, USR-1687, AND AUTHORIZE CHAIR TO SIGN - JOURNEY VENTURES, LLC 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 April 22, 2009, the Weld County Board of Commissioners approved a Site Specific Development Plan and Use by Special Review Permit, USR-1687, for Journey Ventures, LLC, P.O. Box 129, Greeley, Colorado 80632, for Mineral Resource Development Facilities, including Open Pit Mining and Materials Processing and Asphalt and Concrete Batch Plants, along with importation of resource material, in the A (Agricultural) Zone District, on the following described real estate, to -wit: Lots A and B of Recorded Exemption #4744; located within the SE1/4 and SE1/4NE1/4 of Section 7, Township 5 North, Range 64 West of 6th P.M., Weld County, Colorado WHEREAS, pursuant to certain Conditions of Approval, the Board approved an Improvements 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 Journey Ventures, LLC, with terms and conditions being as stated in said agreement, and accepted Performance Bond #34BCSFX7461 from Hartford Casualty Insurance Company, One Hartford Plaza, Hartford, Connecticut 06155, in the amount of $31,800.00, and WHEREAS, the Board has been presented with the First Amendment to said Agreement to establish a secondary haul route allowing trucks to also turn east onto County Road 58 and head to the intersection with County Road 53 and then disperse, and WHEREAS, after review, the Board deems it advisable to approve First Amendment to said agreement, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the First Amendment to said Agreement to establish a secondary haul route allowing trucks to also turn east onto County Road 58 and head to the intersection with County Road 53, between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Journey Ventures, LLC, be, and hereby is, approved. P Q c c c( C-) off/ lcl! 1 2017-4287 PL2007 FIRST AMENDMENT TO IMPROVEMENTS AGREEMENT - JOURNEY VENTURES, LLC PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 27th day of December, A.D., 2017. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLOFjQDO ATTEST: W.dediu,v Weld County Clerk to the Board BY: Deputy Cler APVD AS County Attorney Date of signature: 0///7O ufie A.. Cozad, Char Steve Moreno, Pro -Tern arbara Kirkme er 2017-4287 PL2007 MEMORANDUM TO: Esther Gesick, CTB DATE: December 18, 2017 FROM: Clay Kimmi, P.E., Public Works SUBJECT: First Amendment to Improvements Agreement — USR 1687, Journey Ventures Please place the attached amendment to the improvements agreement on the BOCC Agenda. Once the agreement has been signed, please return a signed original back to me so I can provide them to Journey Ventures This agreement is for a secondary haul route from the Journey Ventures Pit located on CR 58 near CR 49.5. At an October 23, 2017 work session, the BOCC asked Public Works to begin working on an amendment to the improvements agreement. The reason for the amendment was to allow IHC and other trucks leaving the Journey Ventures pit to turn either east or west on CR 58. Trucks turning east on to CR 58 would travel to CR 53 and disperse. All the improvements required by the original agreement remain as a requirement. Trucks turning west on to CR 58 would travel to the Weld County Parkway and then disperse. Journey Ventures is currently in the process of providing designs to the required improvements at CR 58 and CR 53. The designs are expected to be submitted for review by the end of January 2018. I will plan on attending the BOCC hearing to answer any questions that the Board may have regarding this agreement. c -c. Pct CCAC ! MC.) /'-1/ 2017-4287 Page 1 of 1 M:\ —Active Projects\Strategic Corridor\WCR 47 Corridor WCR60.5 to SH392\Haul Route\Journey Ventures Agreement Memo to CTB 12-18-17.docx PL2oa1 FIRST AMENDMENT TO IMPROVEMENTS AGREEMENT ACCORDING TO POLICY REGARDING COLLATERAL FOR IMPROVEMENTS (JOURNEY VENTURES LLC - USR-1687) THIS FIRST AMENDMENT TO IMPROVEMENTS AGREEMENT ACCORDING TO POLICY REGARDING COLLATERAL FOR IMPROVEMENTS (this "First Amendment") is made and entered into this o27 day of , 2017 by and between Journey Ventures LLC ("Journey Ventures"), a Colorado Corporation and the COUNTY OF WELD, a body corporate and politic of the State of Colorado, by and through its Board of County Commissioners (the "County"). WITNESSETH: WHEREAS, the County and Journey Ventures LLC, a Colorado limited liability company entered into an IMPROVEMENTS AGREEMENT ACCORDING TO POLICY REGARDING COLLATERAL FOR IMPROVEMENTS FOR JOURNEY VENTURES LLC - USR-1687 dated September 7, 2011 and recorded September 9, 2011 at reception number 3791261 of the Weld County, Colorado records (the "Improvements Agreement"). WHEREAS, the parties hereto desire to amend and modify certain terms and provisions of the Improvements Agreement to include a secondary haul route from the USR-1687 entrance onto CR 58 then west to the Weld County Parkway because the Weld County Parkway did not exist when the haul route was initially established. NOW THEREFORE, for and in consideration of the mutual promises and covenants herein contained and other good and valuable consideration, the receipt and adequacy of which are hereby confessed and acknowledged, the parties agree to amend and modify the Improvements Agreement as follows: 1. The foregoing recitals and conditions of the Improvements Agreement dated September 7, 2011 are hereby incorporated as if fully restated in this First Amendment to the Improvements Agreement. 2. The Exhibits attached to this First Amendment are hereby attached to and made a part of the Improvements Agreement. 3. Paragraph B(1.0)(a).shall be deleted and replaced with the following: a. Exiting or entering the site: WCR 58 between the gravel pit entrance east to the intersection of WCR 53 and WCR 58 between the gravel pit entrance west to the intersection of the Weld County Parkway. 4. Except as expressly amended or modified herein all terms and provisions of the Improvements Agreement shall remain the same. In the event of any C:\Users\Chris Leone\AppData\Local\ Microsoft \ Windows \JNetCachelContent.Outlook\V2TN0A5I',First Amendment to the IA for Journey Ventures 12-12-17. does Page 1 oft 4364558 Pages: 1 of 2 01/02/2018 01:31 PM R Fee:$0.00 Carly Koppes, Clerk and Recorder, Weld County, CO NUM:MINK' Ukh 1I II 020/7-02:767 conflict between the terms and provisions of this First Amendment and the terms and provisions of the Improvements Agreement, the terms and provisions of this First Amendment shall control and supersede over the terms and provisions of the Improvements Agreement. IN WITNESS WHEREOF the parties have executed this First Amendment as of the day and year first above written. PROPERTY OWNER: Journey Ventures LL, a Colorado corpor ATTEST: Chris Leone, President ddrit,A) Jdto;&k. Weld County Clerk to the Boar Deputy rk o the B COUNTY: BOARD OF COUNTY COMMISSIONERS, WELD COUNTY, COLORADO d, Chair oft Bo = rd DEC 272017 C:\Users\Cluis Leone\AppData\Local\Microsoft\Wicdows\INetCache\Content Outlook\V2TN0ASI\First Amendment to the IA for Jou ney Ventures 12-12-17.docx Page 2 of 2 4364558 Pages: 2 of 2 01/02/2018 01:31 PM R Fee:$0.00 Carly Koppes, Clerk and Recorder, Weld County, CO "Ill 020 7- ifa870 Hello