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HomeMy WebLinkAbout1.0 Improvement AgreementACKNOWLEDGEMENT OF SATISFACTION OF SUBDIVISION IMPROVEMENTS AGREEMENT KNOW ALL MEN BY THESE PRESENT that: WHEREAS, George R. Kilby and Farley S. Kilby (hereinafter "Owners"), entered into a Subdivision Improvements Agreement (SIA) with the Board of County Commissioners of Garfield County, Colorado (hereinafter "Board") dated September 9, 2000, recorded on December 12, 2000 in Book 1389, at Page 48 as Reception No. 611168 of the Garfield County records for the improvements of May Fly Bend Subdivision; and WHEREAS, Owner has presented a certification from Sopris Engineering, LLC dated June 14, 2005 certifying that the Owner has completed subdivision improvements associated with the May Fly Bend Subdivision having an actual cost of construction of $277,412.85 including those that were incomplete at the time of execution of the SIA, and requesting that based upon said certification the amount of the original letter of credit be reduced to a total amount of $0.00 as a result of all construction obligations required in the Subdivision Improvement Agreement being completed as detailed in said certification. NOW THEREFORE, at the request of the Owner and in consideration of the premises and prior agreements, the Board hereby acknowledges the satisfaction of the Subdivision Improvements Agreement entered into by the Owner and the Board for the release of security in the amount of $35,678.00 which will result in a remaining balance of said letter of credit in the amount of $0.00 and constituting a full and final release of said letter of credit. STATE OF COLORADO ) )ss COUNTY OF GARFIELD ) BOARD OF COUNTY COMMISSIONERS OF GARFIELD COUNTY By: Chairman The forgoing instrument was acknowledged before me this day of 2005, by John Martin, as Chairman of the Board of County Commissioners, Garfield County Colorado. WITNESS my hand and official seal. Mildred Alsdorf, Clerk to the Board 06/14/2005 14:56 970-704-0313 SOPRIS ENGINEERING PAGE 04 June 14, 2005 Fred Jarmin Garfield County Planning 109 8th Street, Suite 303 Glenwood Springs, CO 81601 RE: Mayfly Bend Ranch SE Job No. 20065.01 Dear Mark: This letter is written to formally notify the County of the work completed for Mayfly Bend Ranch. On behalf of the owner we request that the letter of credit be reduced to a total amount of. $0.00 Based on periodic observation, testing and final. walk through on. May 19th, 2005 the construction has been. completed i.n accordance with the intent of the plans and specifications that were reviewed and approved by the County. Attached is a cost estimate and work completed that shows what was remaining to be completed since the last partial release. The amount remaining was $35,678.00 for extending a portion of the road, telephone installation., and topsoil placement with re -vegetation. The improvements were constructed in compliance with the Subdivision Improvement Agreement. Attached is the original cost estimate and work completed schedule. Engineers Cost Estimate Work Completed cc: George Kilby $277,412.50 -.$277,412.50 $ 0.00 502 Main Street • Suite A3 • Carbondale, CO 81623 • (970) 704-0311 • Fax (970) 704-0313 SOPRIS ENGINEEHINC • LLC civil consultants 06/14/2005 14:56 970-704-0313 • SOPRIS ENGINEERING COST ESTIMATE AND WORK COMPLETED MAYFLY BEND SE JOB NO. 20065.01 8/1/03 ERROSION CONTROL COST COMPLETED 12,000.00 12,000.00 2,500.00 2,500.00 ITEM MOBILIZATION 3 CLEAR AND GRUB, TOP SOIL REMOVAL EXCAVATION CLASS 6 ABC WATER WELL 7 POND CONSTRUCTION 12" PIP, IRRIGATION 9 12` CMP 10 18" CMP CULVERT 27,750.00 27,750.00 65,250.00 52,200.00 24,675.00 19,740.00 15,000.00 15,000.00 5,000.00 5,000.00 9,600.00 9,600.00 800.00 800.00 7,616.00 7,616.00 11 24" CMP CULVERT 2,090.00 2,090.00 12 36" CMP CULVERT 13 CONCRETE IRRIGATION DIVERSION 14 3' UTILITY TRENCH 6,300.00 6,300.00 15 ELECTRIC SPLICE VAULTS 500.00 500.00 23,512.50 23,512.50 500.00 500.00 16 ELECTRIC TRANSFORMER VAULTS 3.000.00 3,000.00 17 ELECTRICAL BY UTILITY PROVIDER 29,600.00 29,600.00 18 TELEPHONE BY UTILITY PROVIDER 0.00 19 TOP SOIL PLACEMENT — 2,000.00 1,800.00 20 REVEGITATION 2,500.40 250.00 SUBTOTAL • 252,193.50 219,758.50 CONTINGENCY 10°% 25,219.00 21,976.00 TOTAL 277,412.50 241,734.50 roorottoRM' PAGE 05 NOTE: This opinion of probable construction coat was prepared for budgeting purposes only. Sopris Engineering, LLC cannot be held responsible for variances from this estimate as actual costs may vary due to bld and market fluctuations. RECEIVED Alpine Bank m 2UO3 Ito ® Snowmass Village GARFIELD COUNTY BUILDING & PLANNING IRREVOCABLE STANDBY LETTER OF CREDIT Date of Issue: September 23, 2002 Amount: $136,000.00 Number: 92302 Expiration date: November 1, 2003 Applicant: George R. Kilby and Farley S. Kilby Beneficiary: Board of Commissioners of Garfield County, Colorado To Whom It May Concern: In order to secure installation of subdivision improvements by Applicant/Developer in Mayfly Bend Ranch Subdivision pursuant to and in accordance with SUBDIVISION IMPROVEMENTS AGREEMENT -- MAYFLY BEND RANCH SUBDIVISION between Beneficiary and Applicant dated September 9, 2002, and at the request and for benefit of Applicant, Alpine Bank hereby establishes in Beneficiary's favor an irrevocable standby letter of credit in an amount not to exceed $136,000.00 U.S. Beneficiary shall promptly notify Alpine Bank, in writing and by phone, at the address and phone number at the foot of this letter when a default or event of default of the AGREEMENT occurs. Such notification shall include any notice or order required to be sent to Applicant pursuant to the AGREEMENT. Alpine Bank agrees to honor drafts drawn under and in compliance with the terms of this letter if duly presented to a loan officer at the physical address at the foot of this letter before 3:00 pm local time on or before the expiration date, excluding Saturdays and bank holidays. Partial draws are permitted. This letter is not transferable. The conditions for payment of any draft drawn against this letter are as follows: 1. Receipt by Alpine Bank of Beneficiary's manually signed statement by an authorized signatory certifying that Applicant has failed to perform or comply in accordance with the provisions of the AGREEMENT, and stating the dollar amount of the default. 2. Presentation of the original Letter of Credit to Alpine Bank, endorsed on the reverse side with the words: "Drawn by the Board of Commissioners of Garfield County, Colorado in the amount of ($ )", then manually signed by an authorized signatory. The amount available under this letter may be reduced from time to time upon receipt by Alpine Bank of a Reduction Certificate in the form attached hereto as Exhibit A, which forms an integral part of this letter. Each reduction must be endorsed by Beneficiary on the reverse side of this letter. rP.O.Box 5490. 15 Kearns Road • Snowmass Village, Colorado 81615 • (970) 923-3600 • FAX (970) 923-6973 E -Mail: alpine@alpinebank.com ��� Recycled Paper This letter is governed by applicable provisions of the Colorado Uniform Commercial Code in effect on date hereof. This letter sets forth in full the terms of our undertaking, and such undertaking shall not in any way be modified, amended, amplified or limited by any document, instrument or agreement referred to herein, or in which this letter is referred to, or to which the credit extended hereby relates; and no such reference shall be deemed to incorporate herein by reference any such document, instrument or agreement. ALPINE BANK, SNOWMASS VIL GE By ficial capact Aco /i11 8 4k /389 /5. 0 9�Z /1000 SUBDIVISION IMPROVEMENTS AGREEMENT MAYFLY BEND RANCH SUBDIVISION This subdivision improvements agreement ("Agreement") is entered into by George R. Kilby and Farley S. Kilby ("Developers") and the Board of Commissioners of Garfield County, Colorado ("County") in connection with Mayfly Bend Ranch Subdivision ("Subdivision") on this ci'day of September, 2002. RECITALS Developers own and are developing certain real property in Garfield County, Colorado known as Mayfly Bend Ranch Subdivision. Approval of the preliminary plan for the Subdivision is indicated by Garfield County Resolution No. 2002- 51. Developers have submitted to the County for its approval the Final Plat for the Subdivision ("Final Plat"), the boundaries for which are described on EXHIBIT ONE attached hereto and made a part hereof. Developers wish to enter into this Agreement with the County as a condition of approval of the Final Plat, as required by the laws of Colorado. Developers have completed or have agreed to complete certain subdivision improvements, as set forth herein; have agreed to execute and deliver a letter of credit and security for revegetation to the County to secure and guarantee Developers' performance hereunder, and have agreed to certain restrictions and conditions regarding the issuance of building permits, certificates of occupancy, and sale of properties, all as more fully set forth herein. AGREEMENT NOW THEREFORE, in consideration of the Recitals and the following mutual covenants and agreements, the parties hereby covenant and agree, as follows: 1. FINAL PLAT APPROVAL. The County hereby accepts and approves the Final Plat subject to the terms and conditions of this Agreement and of Garfield County Resolution No. 2002- 51. 2. DEVELOPERS' PERFORMANCE. Developers have constructed and installed, or shall cause to be constructed and installed by no later than May 1, 2003, all at Developers' expense, those improvements related to the Subdivision which are required by this Agreement, Garfield County Resolution No. 2002- 51 , the Final Plat, and Garfield County Zoning and Subdivision Regulations. Such improvements include internal roads, road signage, drainage features, utility structures, a twelve -foot wide gravel surface for emergency access, and electrical utilities, as well as revegetation of all areas disturbed by installation of such improvements, all in accordance with the plans and specifications therefor as contained or as referenced in the Final Plat. The cost estimate of the subdivision improvements and cost estimate and work completed prepared by a licensed engineer, together with engineer's cover letter dated August 28, 2002, all of which are certified under engineer's seal, are set forth on EXHIBIT TWO [3 pages] attached hereto and incorporated herein. Additionally, Developers shall comply with the following: A. All Final Plat documents submitted prior to or at the time of Final Plat approval, which are incorporated herein. B. All other requirements of Garfield County Resolution No. 2002- 51 and Garfield County Zoning and Subdivision Regulations. C. All laws, regulations, orders and resolutions of Garfield County, Colorado and affected special districts. D. All designs, maps, specifications, sketches and other materials submitted to and approved by any of the above governmental agencies. The County agrees that if all improvements are installed in accordance with the foregoing requirements and consistent with as -built drawings to be submitted upon completion of such improvements, then the Developers shall be deemed to have satisfied all terms and conditions of Zoning and Subdivision Regulations of Garfield county, Colorado. 3. SECURITY FOR IMPROVEMENTS. Letter of Credit. On or before the date of recording the Final Plat with the Garfield County recorder, Developers shall deliver to the County a letter of credit in a form acceptable to the County in the total amount of $136,000 which is the estimated cost of completing the remaining subdivision improvements as set forth on EXHIBIT TWO except for the revegetation which is addressed below. Such letter of credit must be valid for a minimum of six months beyond the required completion date of May 1, 2003. If the time of completion of the improvements is extended by written amendment to this Agreement, the time period for the validity of the letter of credit shall be similarly extended. Additionally, should the letter of credit, prior to County acceptance of the subdivision improvements, become void or unenforceable for any reason including bankruptcy of Developers or of the financial institution issuing or confirming the letter of credit, then this Agreement shall become void and of no force or effect, and the Final Plat shall be vacated. Releases of Security. The County shall release portions of the Security as portions of the subdivision improvements are completed to the satisfaction of the County. Certification of completion adequate to authorize release of Security must be submitted by a licensed or registered engineer. Such certification shall certify that the improvements have been constructed in accordance with the requirements of this Agreement and Final Plat plans, and shall be stamped "as - built drawings" as applicable. Developers may also obtain release of a portion of the Security upon proof (i) that they have a valid contract with a public utility company regulated by the Colorado PUC that obligates such company to install certain utility lines, and (ii) that Developers have paid to such utility company the cost of installation of such utilities required to be paid by them under such contract. Upon submission of a certification of completion of improvements, the County may inspect and review such improvements to determine if they have been constructed in compliance with the relevant specifications. If the County determines such improvements or a portion thereof are not in compliance with the relevant specifications, the County shall furnish a letter of potential deficiencies to the Developers within fifteen days detailing which improvements are potentially deficient. If no letter of potential deficiency is furnished the Developers within said fifteen -day period, all improvements certified as complete shall be deemed to have been accepted by the County, and the County shall release the appropriate amount of security as it relates to such improvements. If a letter of potential deficiencies is furnished which identifies a portion of the certified improvements as potentially deficient, then all improvements not so identified shall be deemed to have been accepted by the County, and the County shall release the appropriate amount of security as it relates to the certified improvements that are not identified as potentially deficient in the letter. With respect to any improvements certified as complete by Developers that are identified as potentially deficient by the County in a letter of potential deficiencies, the County shall have thirty days from the date of such letter to complete its investigation and provide written confirmation of the deficiency to the Developers. If upon further investigation the County finds that the improvements are acceptable to the County, the appropriate security shall be released to the Developers within ten days after completion of such investigation. In the event the improvements are not accepted by the County, the County shall make written findings detailing the deficiencies and furnish such written findings to the Developers, who then shall have a reasonable period of time to cure the deficiencies prior to the County requesting payment from the letter of credit. Substitution of Collateral. The County may at its sole option permit the Developers to substitute collateral other than a letter of credit acceptable to the County in order to secure completion of the subdivision improvements. Security for Revegetation. Revegetation of all areas disturbed by installation of subdivision improvements, shall be secured by a payment in the sum of $2,500.00 from Developers to the County. The County may hold the funds for a two-year period of time following recording of the Final Plat in order to verify the success of Developers' revegetation efforts. Certifications and release of the security for revegetation upon expiration of said two-year period shall be substantially in accordance with the procedures outlined above in the section entitled Releases of Security. Recording of Final Plat. The Final Plat shall not be recorded with Garfield county recorder until the letter of credit and security for revegetation, or other acceptable collateral, has been received and approved by the County. 4. STREETS. The right-of-way for Ponderosa Pines Way identified on the Final Plat of the Subdivision shall be dedicated for public use. The Homeowners' Association shall be solely responsible for the maintenance, repair and upkeep of such dedicated right-of-way. The County shall not be obligated to maintain any streets or roads within the Subdivision. 5. INDEMNITY. To the extent allowed by law, Developers agree to indemnify and hold harmless and defend the County from all claims which may arise as a result of Developers' installation of the subdivision improvements; provided that Developers do not indemnify the County for claims make asserting that the standards imposed by the County are improper or are the cause of the injury asserted; and further provided that Developers do not indemnify the County from claims or demands which arise based in whole or in part upon negligent or wrongful acts or omissions of the County or its employees. The County must notify the Developers within thirty days of receipt by the County of any notices or claims for which Developers may be responsible under the first sentence of this §5. Upon receipt of such notification from the County, the Developers shall have the option of defending such claims, demands or actions. Failure of the County to so notify the Developers consistent with this §5 shall extinguish and render unenforceable the County's rights and indemnity protections hereunder. 6. FEES IN LIEU OF DEDICATION OF LAND TO SCHOOL DISTRICT. In lieu of dedicating land to Roaring Fork School District RE -1, Developers shall make a cash payment, calculated as follows in accordance with §§9.80 and 9.81 of Garfield County Subdivision Regulations, to -wit: a. Unimproved per acre market value of land, based on the appraisal performed by High Country Appraisal Associates, as of May 14, 2002: $1,015,000 ± 40.61 acres = $24,994 b. Land dedication standard: .020 acres c. Amount of cash in lieu payment: $24,994 x .020 x 5 single family dwelling units = $2,499.40. Developers shall therefore pay to Garfield county treasurer at or prior to the time of recording the Final Plat the sum of $2,499.40 as the in lieu payment to the school district. Developers acknowledge they are obligated to pay such fee, accept such obligation, and waive any claim that they are not so obligated. Subsequent to recording the Final Plat, Developers will not claim nor are they entitled to claim any reimbursement of such in lieu fee. 7. FIRE DISTRICT IMPACT FEES At or prior to the time of recording the Final Plat, Developers shall provide the County Planning Department with proof of payment to Carbondale and Rural Fire Protection District of the sum of $2,085.00 for impact fees to such District. 8. SALE OF LOTS. No lots within the Subdivision shall be conveyed prior to recordation of the Final Plat. 9. ISSUANCE OF BUILDING PERMITS. As one remedy for breach of this Agreement by Developers, County may withhold issuance of building permits for any structure within the Subdivision. No building permit shall issue until Developers demonstrate to the satisfaction of Carbondale and Rural Fire Protection District that adequate water is available for the District's purposes at the construction site. No certificate of occupancy shall issue for any building or structure until all subdivision improvements have been completed and are operational as required by this Agreement. Developers shall send the form of Notice attached hereto as EXHIBIT THREE to all lot purchasers who have signed a Real Estate Contract to purchase a Lot in the Subdivision from Developers. 10. ENFORCEMENT. In addition to any rights which may be provided by Colorado statute, either party hereto or any purchaser of a lot within the Subdivision shall have the authority to bring an action in Garfield county district court to compel enforcement of this Agreement. 11. CONSENT TO VACATE PLAT. In the event Developers fail to comply with the terms of this Agreement, the County shall have the ability to vacate the Final Plat as it pertains to lots within the Subdivision for which no building permit has issued. Any existing lots for which building permits have issued shall not be vacated, and the Final Plat as to those lots shall remain valid. Developers shall provide a survey and complete legal description with a map showing the location of any portion of the Final Plat so vacated. 12. BINDING EFFECT. This Agreement is a covenant running with the title to each lot within the Final Plat, and the rights and obligations as contained herein shall be binding upon and inure to the benefit of the Developers, their successors and assigns. 13. RECORDING. Upon execution by both parties hereto, Developers shall record this Agreement with Garfield county recorder. 14. VENUE AND JURISDICTION. COLORADO LAW APPLIES. Venue and jurisdiction for any cause of action arising out of or related to this Agreement shall lie exclusively in Garfield county district court, State of Colorado. In all cases, Colorado law shall apply to resolution of any cause of action or to the interpretation of this Agreement. 15. AMENDMENT. This Agreement may be amended from time to time but only in writing and by a document executed by both parties hereto. 16. NOTICES All notices required or permitted hereunder shall be given in writing by personal service or by personal delivery or by certified mail return receipt requested, as follows: TO: BOARD OF COMMISSIONERS OF GARFIELD COUNTY, COLORADO Attention: Mark Bean, Planning Director 109 8th St. Suite 303 Glenwood Springs, CO 81601 TO: GEORGE R KILBY and FARLEY S. KILBY 505 Sandy Lane Anniston, AL 36207 with copy to JAMES M. LARSON, esq. Attorney for George and Farley Kilby P.O. Box 272 Glenwood Springs, CO 81602 WITNESS THE DUE EXECUTION by the parties hereto as of the day set forth first hereinabove. George R. Kilby Farley S. BOARD OF COMMISSIONERS OF GARFIELD COUNTY, COLORADO By: Chairman Attest: Clerk to the Board PROPERTY DESCRIPTION BEGINNING AT A POINT ON AN EXISTING FENCELINE FROM WHICH THE WITNESS CORNER FOR THE SOUTH QUARTER CORNER OF SEC5TION 35, A NO. 6 REBAR FOUND IN PLACE BEARS SOUTH 35°31'57" WEST A DISTANCE OF 3156.83 FEET; THENCE NORTH 71°05'34" EAST A DISTANCE OF 20.19 FEET TO A REBAR AND CAP P.L.S. #28643 AT THE SOUTHERLY LINE OF PARCEL 2 OF THE DAY SUBDIVISION EXEMPTION; THENCE NORTH 89°38'00" EAST ALONG SAID SOUTHERLY LINE A DISTANCE OF 38.34 FEET TO A REBAR AND CAP P.L.S.#28643 AT THE SOUTHWEST CORNER OF PARCEL 3 OF THE SAID DAY SUBDIVISION EXEMPTION, THENCE NORTH 89°38'00" EAST ALONG THE SOUTHERLY LINE OF SAID PARCEL 3, A DISTANCE OF 374.37 FEET TO A REBAR AND CAP, P.L.S. #26950 ON THE SOUTHERLY LINE OF SAID PARCEL 3; THENCE NORTH 89°20'57" EAST A DISTACNE OF 287.67 FEET ALONG SAID SOUTHERLY LINE TO A REBAR AND CAP P.L.S. #27613 AT THE SOUTHEAST CORNER OF SAID PARCEL 3; THENCE NORTH 22°04'54" EAST A DISTANCE OF 66.34 FEET ALONG THE EASTERLY LINE OF SAID PARCEL 3 TO A REBAR AND CAP P.L.S. #27613; THENCE NORTH 13°22'48" EAST ALONG SAID EASTERLY LINE, A DISTANCE OF 76.62 FEET ALONG SAID EASTERLY LINE; THENCE SOUTH 68°35'45" EAST ALONG SAID EASTERLY LINE A DISTANCE OF 68.78 FEET TO THE SECTION LINE COMMON TO SECTIONS 35 AND 36; THENCE SOUTH 00°33'05" EAST ALONG SAID SECTION LINE A DISTANCE OF 13.99 FEET TO THE NORTHWEST CORNER OF GOVERNMENT LOT 14 IN SECTION 36; THENCE NORTH 89°53'49" EAST A DISTANCE OF 1210.49 FEET; THENCE SOUTH 00°00'00" EAST A DISTANCE 740.00 FEET TO A REBAR AND CAP, P.L.S. #26950; THENCE SOUTH 72°44'29" WEST A DISTANCE OF 264.93 FEET TO A REBAR AND CAP P.L.S. #26950; THENCE SOUTH 30°22'30" WEST A DISTANCE OF 251.43 FEET TO A REBAR AND CAP, P.L.S. #26950; THENCE NORTH 89°58'08" WEST A DISTANCE OF 420.28 FEET TO A REBAR AND CAP, P.L.S. #26950; THENCE NORTH 65°19'05" WEST A DISTANCE OF 252.12 FEET TO A REBAR AND CAP, P.L.S. #26950; THENCE NORTH 78°29'52" WEST A DISTANCE OF 277.46 FEET TO A REBAR AND CAP, P.L.S.#26950; THENCE SOUTH 66°12'16" WEST A DISTANCE OF 185.69 FEET TO A REBAR AND CAP, P.L.S. #26950; THENCE NORTH 62°09'01" WEST A DISTANCE OF 155.56 FEET TO A REBAR AND CAP, P.L.S. #26950; THENCE NORTH 78°31'47" WEST A DISTANCE OF 82.93 FEET TO A REBAR AND CAP, P.L.S. #26950; THENCE NORTH 65°12'47" WEST A DISTANCE OF 389.37 FEET TO A POINT ON A FENCELINE BEING A REBAR AND CAP, P.L.S. #26950; THENCE ALONG SAID FENCELINE NORTH 00°40'07" EAST A DISTANCE OF 585.69 FEET TO THE POINT OF BEGINNING. SAID PARCEL CONTAINNG 40.612 ACRES, MORE OR LESS. c c DIvls) on) rMArlo- VMKCtrs '% Efi 0,r E?< H-0 31 T oava APR -08-1900 02:57 EXHIBITT 1 MAYFLY BEND SE J013 NO. 20065.01 8/29/02 P. 03 TEM QUANTITY UNIT mar COST COST 1 MOBILIZATION 1 LS 12,000.00 12,000.00 2 ERROSION CONTROL 1 LS. 2,500.00 2,500.00 3 CLEAR AND GRUB, TOP SOIL REMOVAL 5,550 C.Y_ 5.00 27,750.00 4 EXCAVATION 7,250 CY 9.00 65,250.00 — 5 CLASS 6 ABC 987 CY 25.00 24,675.00 6 _ WATER WELL 5 EA 3,000.00 15,000.00 7 POND CONSTRUCTION 1 L.S. 5,000.00 5,000,00 8 12" PIP, IRRIGATION `- _.. 480 LF 20.00 9,600.00 9 r12" GMP . ... 32 LF 25.00 .800.00 10 18" CMP CULVERT 238 -----.--&T-----C,--- LF 32.00. 7,616.00- 11 24" CMP CULVERT 38.00 ,090 2.E 12 36` CMP CULVERT 84 LF _75.00 6,300.00 13 CONCRETE IRRIGATION DIVERSION 1 EA 500.00 500.00 14 3' UTILITY TRENCH 3.135 LF 7.50 23,512.50- - 15 ELECTRIC SPLICE VAULTS 1 EA 500_.00_ _ _500.00 16 ELECTRIC TRANSFORMER VAULTS 6 EA 600.00 3,000.00 17 ELECTRICAL BY UTILITY PROVIDER 1 L_$. 29,600.00 29,600.00 18 TELEPHONE BY UTILt7YPROVIDER 1 L.S. 12,000.00 12,000.00 19 TOP SOIL PLACEMENT 400 CY 5.00 2,000.00- 20 REVEGITATJON 1 L.S. 2,500.00 2,600.00 SUBTOTAL 252,193.50 CONTINGENCY 10% 25,219.00 277,412.50 �-` TOTAL NOTES: a) Removal of top soil assumes an average depth of 1 foot after clear & grub, to be stock piled on site. b) All utility trench assumes conduit for electric, telephone per civil drawings. • • • t �fmnt�a £0 'd EXH-1617- T 0 nisD,vision) .010210v6 - me -n-13 R2pv6- mF 3 i%t b1 i NOTE This opinion of probable construction cost was prepared for budgeting purpose: only. Sopria Engineering, LLC cannot be held responsible nor variances from this estimate as actual costs may vary due to bid and market tluohiations. 8OLOOZZ£0£ 'ON Xdd ONI SIOH.L I HO8V WE WV b£ : I I f1HJ. zOOz-6?-Of1V APR --1900 02 ; 57 COST ESTIMATE AND WORK COMPLETED MAYFLY BEND SE JOB NO. 20065.01 8/29//02 REM COST COMPLETED 1 MOBILIZATION 12.000.00 8.000.00 2 ERROSION CONTROL 2,500.00 1,000.00 3 CLEAR AND GRUB, TOP SOIL REMOVAL 27,750.00 18,500.00 4 EXCAVATION 86,25000 30,000.06 6 . CLASS B -Alit 24,875.00 8 . WATER WELL . 15,000.0015, 000.00 7 POND CONSTRUCTION 5.000.00 4,000.00 817 ..__9 . PIP. IRRIGATION 9,800.00 9_,800.00 1Y CMP 800.00 80000 10 19" CMP CULVERT 7,616.00 11 24" CMP CULVERT��-- -2,09000 12 39'tCMPCULVERT 6.300.00_.__ 6,30-61Z 13 CONCRETE IRRIGATION DIVERSION500.00 -_.--, ,. 14 3' UTILITY TRENCH r _.__._.... .. ---- 23,512.50 15 ELECTRIC SPLICE VAULTS _ • _. _. 600.00 500.00 16 ELECTRIC TRANSFORMER VAULTS 3,000.00 3,000.00 17 ELECTRICAL BY UTILITY PROVIDER 29,800.00 29,60.0.00 18 TELEPHONE BY UTILITY PROVIDER 12,000.00 19 TOP SOIL PLACEMENT 2,000.00, 20 REVEGITATION 2•x.00 TOTAL 252,193.50 126.300.00 CONTINGENCY 10% 25,219.00 _ 12,630.00 PERRCNT 271,412.50 138,930.00 170 d P. 04 IH/6)T Two 7,2 cl SU 11/I SbN Tftwe1(/E- 7)1 ' EE6.1Eiv7" NOTE: This opinion of p b*st la cnstruot on quantities wee prepared for bud9e1rg purposes only. Sop % engineering. LLC cannot be held responsible for enema; form Brie estirrnk. TOTAL P.04 8OLOOzz£0£ 'ON Xd1 ONI S1031IHO1kJ W3S WV ti£:I1 f1H.L z00z-6z-Ofld NOTICE TO LOT OWNER AND/OR BUILDING PERMIT APPLICANT PLEASE TAKE NOTICE that pursuant to the provisions of Section 9 of the Subdivision Improvements Agreement for Mayfly Bend Ranch Subdivision, in the event of any violation of the Agreement by Developers, George R. Kilby and Farley S. Kilby, Garfield County may withhold issuance of building permits. In addition, no building permit shall be issued with respect to any lot within the Subdivision until it has been demonstrated to the satisfaction of Carbondale and Rural Fire Protection District that adequate water is available for the Fire District's purposes at the site of construction. Although Developers posted a letter of credit for the benefit of the Board of Commissioners of Garfield County, in an amount sufficient to complete all subdivision improvements, Garfield County cannot provide any guarantee of a date certain when those improvements will be completed and therefore YOU ARE PROCEEDING AT YOUR OWN RISK. You are further advised that no Certificate of Occupancy shall be issued for any building or structure within the subdivision until all public subdivision improvements have been completed and are operational as required by the Agreement. Signature by the undersigned acknowledges receipt of a copy of this Notice and that the undersigned has read this notice and understands it. Lot Owner Date Lot Owner Date Building Permit Applicant/Contractor Date SuAP VLS oN p 1.pvE - APR -08-1900 02 56 P.02 ust 28, 2002 Mark Bean Garfield County Planning 109 8a' Street, Suite 303 Glenwood Springs, CO 81601 RE: Mayfly Bend Ranch SE Job No. 20065.01 Dear Mark: This letter is written to formally notify the County of the work completed for Mayfly Bend Ranch. On behalf of the owner we request that the letter of credit be reduced to a total amount of 5138,482.50. Based on periodic observation and testing, the construction has been completed in accordance with the intent of the plans and specifications that were reviewed and approved by the County. The improvements were constructed in compliance with the Subdivision improvement Agreement. Attached is the original cost estimate and work completed schedule. Engined Cost Estimate Work Completed $277,412.50 - S138.930,00 $138,482.50 if you have any questions or need additional information please give me a call. cc: George Kilby d 3 suanrvlS1OA) IMP(1ppE— maim v err' 502 Main Street • Suite A3 • Carbondale, CO 81623 • (970) 704-0311 • Fax (970) 704-0313 SOPRIS ENGINELB1NG • LLC O'd civil consultants 8OLOOzz£0£ 'ON XVH ONI S1,OH.LIHONd WB WV ££:II fH1, z00z-f7,-nnd 11111 11111 1111111 11111 1111 11111 111111111 11111 11111111 676371 06/16/2005 11:20A B1697 P820 M ALSDORF 2 of 3 R 0.00 D 0.00 GARFIELD COUNTY CO Mark Bean Garfield County Planning 109 8th Street, Suite 303 Glenwood Springs, CO 81601 RE: Mayfly Bend Ranch SE Job No. 20065.01 Dear Mark: May 25, 2005 SUN U 2,1005 GARFIEI-O CO 1 Nf 81111-D111G & F'LA This letter is written to formally notify the County of the work completed for Mayfly Bend Ranch. On behalf of the owner we request that the letter of credit be reduced to a total amount of $0.00 Based on periodic observation, testing and final walk through on May 19th, 2005 the construction has been completed in accordance with the intent of the plans and specifications that were reviewed and approved by the County. The improvements were constructed in compliance with the Subdivision Improvement Agreement. Attached is the original cost estimate and work completed schedule. Engineers Cost Estimate Work Completed $277,412.50 - $277,412.50 $ 0.00 If you have any questions or need additional information please give me a call. Sincerely,r , Sq.; 4d ERING, LLC A cc: George Kilby [502 Main Street • Suite A3 • Carbondale, CO 81623 • (970) 704-0311 • Fax (970) 704-0313 SOPRIS ENGINEERING • LLC civil consultants _ o 4.010 -a0 �rw ■� r �o.o ry 0)0 � e- = N Sao: ma N t7 • 0 = P+ IDm -00 � N0 to • 0 — v, � 0ce (0M COST ESTIMATE AND WORK COMPLETED MAYFLY BEND SE JOB NO. 20065.01 5/25/2005 ITEM COST COMPLETED 1 MOBILIZATION 12,000.00 12,000.00 2 ERROSION CONTROL 2,500.00 2,500.00 3 CLEAR AND GRUB, TOP SOIL REMOVAL 27,750.00 27,750.00 4 5 EXCAVATION 65,250.00 65,250.00 CLASS 6 ABC 24,675.00 24,675.00 6 WATER WELL. 15,000.00 15,000.00 7 8 POND CONSTRUCTION 5,000.00 5,000.00 12" PIP, IRRIGATION 9,600.00 9,600.00 9 12" CMP 800.00 800.00 10 18" CMP CULVERT 7,616.00 7,616.00 11 12 24" CMP CULVERT 2,090.00 2,090.00 36" CMP CULVERT 6,300.00 6,300.00 13 CONCRETE IRRIGATION DIVERSION 500.00 500.00 14 15 3' UTILITY TRENCH ELECTRIC SPLICE VAULTS 23,512.50 500.00 23,512.50 500.00 16 17 18 ELECTRIC TRANSFORMER VAULTS 3,000.00 3,000.00 ELECTRICAL BY UTILITY PROVIDER 29,600.00 29,600.00 TELEPHONE BY UTILITY PROVIDER 12,000.00 12,000.00 19 20 TOP SOIL PLACEMENT 2,000.00 2,000.00 REVEGITATION 2,500.00 2,500.00 TOTAL 252,193.50 252,193.50 CONTINGENCY 10% 25,219.00 25,219.35 PERCENT 277,412.50 277,412.85 NOTE: This opinion of problable construction quantities was prepared for budgeting purposes only. Sopris Engineering, LLC cannot be held responsible for ariances form this estimate. I 111111 11111 111111 11111 1111 11111 1111 11 III 11111 1111 111 676371 06/16/2005 11:20A B1697 P819 M ALSDORF 1 of 3 R 0.00 D 0.00 GARFIELD COUNTY CO ACKNOWLEDGEMENT OF FINAL SATISFACTION OF SUBDIVISION IMPROVEMENTS AGREEMENT KNOW ALL MEN BY THESE PRESENT that: WHEREAS, George R. Kilby and Farley S. Kilby (hereinafter "Owners"), entered into a Subdivision Improvements Agreement (SIA) with the Board of County Commissioners of Garfield County, Colorado (hereinafter "Board") dated September 9, 2000, recorded on December 12, 2000 in Book 1389, at Page 48 as Reception No. 611168 of the Garfield County records for the improvements of May Fly Bend Subdivision; and WHEREAS, Owner has presented a certification from Sopris Engineering, LLC dated May 25, 2005 certifying that the Owner has completed subdivision improvements associated with the May Fly Bend Subdivision having an actual cost of construction of $277,412.85 including those that were incomplete at the time of execution of the SIA, and requesting that based upon said certification the amount of the original letter of credit be reduced to a total amount of $0.00 as a result of all construction obligations required in the Subdivision Improvement Agreement being completed as detailed in said certification. NOW THEREFORE, at the request of the Owner and in consideration of the premises and prior agreements, the Board hereby acknowledges the satisfaction of the Subdivision Improvements Agreement entered into by the Owner and the Board for the release of security in the amount of $35,678.00 which will result in a remaining balance of said letter of credit in the amount of $0.00 and constituting a full and final releas said letter of credit. STATE OF COLORADO ) COUNTY OF GARFIELD ) TY COMMISSIONERS Y The forgoing instrument was acknowledged before me this /- day of , 2005, by John Martin, as Chairman of the Board of County Commissioners, G field County Colorado. WI\' cl f� 0,4 r Ac, official seal. yam • Mildre Alsdorf, Clerk to the Board /-16, ‘01/7/o7, 44,2122 3g, g, 5J 3 7/ 5 7/ 0 0›- (z) 7(i) Z 11094 30) 7 a A q�o o)—(27, S� y� `� ”0,4,i a-� SAD s o /9/ (0 6• q� qgz') py, owr- Z -C7 �> � � I COST ESTIMATE AND WORK COMPLETED MAYFLY BEND SE JOB NO. 20065.01 8/1/03 • 1/frft711) At. '1111111 MO" NOTE: This opinion of probable construction cost was prepared for budgeting purposes only. Sopris Engineering, LLC cannot be held responsible for variances from this estimate as actual costs may vary due to bid and market fluctuations. ITEM COST COMPLETED 1 MOBILIZATION 12,000.00 12,000.00 2 ERROSION CONTROL 2,500.00 2,500.00 3 CLEAR AND GRUB, TOP SOIL REMOVAL 27,750.00 27,750.00 4 EXCAVATION 65,250.00 52,200.00 5 CLASS 6 ABC 24,675.00 19,740.00 6 WATER WELL 15,000.00 15,000.00 7 POND CONSTRUCTION 5,000.00 5,000.00 8 12" PIP, IRRIGATION 9,600.00 9,600.00 9 12" CMP 800.00 800.00 10 18" CMP CULVERT 7,616.00 7,616.00 11 24" CMP CULVERT 2,090.00 2,090.00 12 36" CMP CULVERT 6,300.00 6,300.00 13 CONCRETE IRRIGATION DIVERSION 500.00 500.00 14 3' UTILITY TRENCH 23,512.50 23,512.50 15 ELECTRIC SPLICE VAULTS 500.00 500.00 16 ELECTRIC TRANSFORMER VAULTS 3,000.00 3,000.00 17 ELECTRICAL BY UTILITY PROVIDER 29,600.00 29,600.00 18 TELEPHONE BY UTILITY PROVIDER 12,000.00 0.00 19 TOP SOIL PLACEMENT 2,000.00 1,800.00 20 REVEGITATION 2,500.00 250.00 SUBTOTAL 252,193.50 219,758.50 CONTINGENCY 10% 25,219.00 21,976.00 TOTAL 277,412.50 241,734.50 • 1/frft711) At. '1111111 MO" NOTE: This opinion of probable construction cost was prepared for budgeting purposes only. Sopris Engineering, LLC cannot be held responsible for variances from this estimate as actual costs may vary due to bid and market fluctuations. August 1, 2003 Mark Bean Garfield County Planning 109 8th Street, Suite 303 Glenwood Springs, CO 81601 RE: Mayfly Bend Ranch SE Job No. 20065.01 Dear Mark: This letter is written to formally notify the County of the work completed for Mayfly Bend Ranch. On behalf of the owner we request that the letter of credit be reduced to a total amount of 535,678.00. RECEIVED AUG 11 2003 GARF IELD COUNTY BUILDING & PLANNING Based on periodic observation and testing, the construction has been completed in accordance with the intent of the plans and specifications that were reviewed and approved by the County. The improvements were constructed in compliance with the Subdivision Improvement Agreement. Attached is the original cost estimate and work completed schedule. Engineers Cost Estimate Work Completed $277,412.50 - $241,734.50 $ 35,678.00 If you have any questions or need additional information please give me a call. Sincerely, SOPRIS E1, ., EERING, LLC00/ a>>: `, 4 is ol, P.E. Primy f Wikb ONO& t$ 14 cc: George Kilby 502 Main Street ° Suite A3 • Carbondale, CO 81623 • (970) 704-0311 • Fax (970) 704-0313 SOPRIS ENGINEERING • LLC civil consultants November 21, 2011 Mr. Fred Jarman Director of Building and Planning Garfield County 108 8th St., Ste. 401 Glenwood Springs, CO. 81601 Re: Mayfly Bend Ranch Revegetation Security Release Sopris Engineering Job #21064 Dear Mr. Jarman, 5 .1 This letter is written to formally notify Garfield County of the completion of the required revegetation that was a result of building Roads 'A', 'B' and 'C', a.k.a. Ponderosa Pine, Silver Spruce and Weeping Willow, in the Mayfly Ranch Subdivision. Based upon a site visit November 16, 2011 the revegetation was completed in accordance with the intent of the plans and specifications that were reviewed and approved by Garfield County and outlined in the Subdivision Improvement Agreement dated September 9, 2002. Therefore, I request on behalf of the owner, that the funds held by Garfield County for security of the revegetation improvements be released to Mr. Kilby. If you haveDany questions or need additional information, please call. 6 //4/7,?0*-. Yancy Nichol, P.E. Principle Sopris Engineering Cc Thomas Kilby Steve Anthony 502 Main Street • Suite A3 • Carbondale, CO 81623 • (970) 704-0311 • Fax (970) 704-0313 SOPRIS ENGINEERING • LLC civil consultants 4 MEMORANDUM To: Board of County Commissioners Froin: Steve Anthony, Garfield County Vegetation Management Re: Consideration of Revegetation Security Release - Mayfly Bend Ranch Subdivision BOCC Meeting Date: December 5, 2011 Attachments: Written request for security release -Mayfly Bend Ranch Subdivision/ Yancy Nichol, Sopris Engineering Acknowledgement of Satisfaction and Direction to Treasurer for Revegetation Security Release Subdvision Improvements Agreement from 2002 Mayfly Bend Ranch Subdivsion, through Yancy Nichol, Sopris Engineering, has requested release of the revegetation security for the work done per the 2002 Subdivision Improvements Agreement. Mayfly Bend Ranch is located approximately 1/2 mile east of Carbondale, north of County Road 100. County staff inspected the site on November 28, 2011. The revegetation work has been successful. The original security amount was $2500. The current amount as of November 30, 2011, with accrued interest, is $2,997.82. Staff recommends release of the revegetation security in the amount of $2,997.82. November 21, 2011 Mr. Fred Jarman Director of Building and Planning Garfield County 108 8th St., Ste. 401 Glenwood Springs, CO. 81601 Re: Mayfly Bend Ranch Revegetation Security. Release Sopris Engineering Job #21064 Dear Mr. Jarman, This letter is written to formally notify Garfield County of the completion of the required revegetation that was a result of building Roads 'A', 'B' and 'C', a.k.a. Ponderosa Pine, Silver Spruce and Weeping Willow, in the Mayfly Ranch Subdivision. Based upon a site visit November 16, 2011 the revegetation was completed in accordance with the intent of the plans and specifications that were reviewed and approved by Garfield County and outlined in the Subdivision Improvement Agreement dated September 9, 2002. Therefore, I request on behalf of the owner, that the funds held by Garfield County for security of the revegetation improvements be released to Mr. Kilby. If you Alive a any questions or need additional information, please call. y v� Cc Thomas Kilby Steve Anthony 502 Main Street • Suite A3 • Carbondale, CO 81623 • (970) 704-0311 • Fax (970) 704-0313 SOPRIS ENGINEERING • LLC civil consultants ACKNOWLEDGMENT OF SATISFACTION AND DIRECTION TO TREASURER SUBDIVISION IMPROVEMENTS AGREEMENT Recitals 1. George R. Kilby and Farley S. Kilby, entered into a 2002 Garfield County Subdivision Improvements Agreement with the Board of County Commissioners of Garfield County, Colorado ("BOCC") dated September 24, 2002 and recorded as Reception Number 611168 of the Real Estate Records of the Garfield County Clerk and Recorder ( "Subdivision Improvements Agreement"). 2. Mayfly Bend Ranch Subdivision . through Thomas Kilby has presented certification to the BOCC from a licensed engineer that construction of Improvements is final and/or written approval from the Garfield County Vegetation Manager that revegetation is successful and in accordance with the Subdivision Improvements Agreement between the BOCC and George R. Kilby and Farley S. Kilby, recorded as Reception Number 611168 ("SIA"). Acknowledgement NOW THEREFORE, at the request of Mayfly Bend Ranch Subdivision and in consideration of the premises and the prior agreements contained in the Deposit Agreement and the SIA, the BOCC hereby: 1. acknowledges full satisfaction of the security requirements of the SIA; 2. authorizes disbursement of funds from the Mayfly Bend Ranch Treasurer's Account in the amount of $ 2997.82 , resulting in a remaining balance of $ -0- ; 3. authorizes and directs the Treasurer to release the funds held in the Treasurer's Account to George R. Kilby an authorized representative of Mayfly Bend Ranch Subdivision. BOARD OF COUNTY COMMISSIONERS ATTEST: OF GARFIELD COUNTY, COLORADO Clerk to the Board By: Date: John Martin, Chairman My Files/PLAN/2009 FORMS/2009 TDA ACKNOWLEDGMENT OF Satisfaction Updated - 03/09 View Check Image Alpine Bank MEMBER fD1C - ofilinebank ing4ottpi.mottank.com WV -55140A View Check Image Page 1 of 1 11111111111.1 .okt.F.IttptoitIMITROAUREtt cgotatA pHivogERVIrii, siwitoci - 0...640w9m6ple. t, „ow . =fsw. Vtritig -609e.660 k******0 :E-oftrk Kkty "rfAmit44tvER TO 11:20.00-10. $44r 1140014 Okt 401.14.11' it*il 41444.1bia:‘ s„ suOtt2 'Sific1454.0.004!***,000****friViC!*040.040*4.i0: lq1140, 1.04:445419 717 https://www.netteller.comialpinebank/hbDisplayCheck.cfm?CheckSide=0&TIFNumber=0... 1/16/2012