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HomeMy WebLinkAbout1.0 2003 File1111111 11111 111111 111 11111111 111 1111111 111 1111111111111 621186 02/20/2003 10:13A B1438 P536 M ALSDORF 1 of 8 R 0.00 D 0.00 GARFIELD COUNTY CO ACKNOWLEDGMENT OF PARTIAL SATISFACTION SUBDIVISION IMPROVEMENTS AGREEMENT KNOW ALL MEN BY THESE PRESENT that: WHEREAS, Roaring Fork Investments, LLC {hereinafter"Owner"), entered into a Subdivision Improvements Agreement with the Board of County Commissioners of Garfield County, Colorado (hereinafter "Board"), recorded in Book 1206 at Page 574 as Reception No. 569190 of the Garfield County records on September 11, 2000; first amended and recorded in Book 1206 at Page 629 as Reception No. 569191 of the Garfield County records an September 11, 2000; then a second amendment recorded in Book 1206 at Page 637 as Reception No. 569192of the Garfield County records on September 11, 2000; then a third amendment recorded in Book 1217 at Page 266 as Reception No. 572131 of the Garfield County records on November 14, 2000, for the improvements of the Rose Ranch P.U.D. subdivision; and WHEREAS, the obligations of the Owner have been partially satisfied, as verified in attached statement from Eric P. Tuin, P. E., High Country Engineering, Inc. dated January 31, 2003, that the work completed is consistent with improvements described in the Subdivision Improvements Agreement. 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 Owner and the Board for the release of security in the amount of $1,776,973.12 for work completed consistent with improvements described in the Subdivision Improvements Agreement, and retaining $495,681.56 for the improvements remaining. STATE OF COLORADO ) COUNTY OF GARFIELD ) The foregoing instrument was acknowledged before me this 2nd day of December, 2002, by John Martin, as Chairman of the Board of County Commissioners of Garfield County, Colorado. )ss WITNESS my hand and official seal. Myrais4c e¢lTs �fr fifllll ll�lt5� G • ield County Clerk 1111111 11111 111111 111 1011111 111 1111111111 11111 ILII llll 621186 02/20/2003 10:13A B1438 P537 M ALSDORF 2 of 8 R 0.00 D 0.00 GARFIELD COUNTY CO January 31, 2003 Mark Bean, County Planner Garfield County Building and Planning Department 109 8th Street, Suite 303 Glenwood Springs, CO 81601 " •_11-.:1 ij ;rkf UI131Alc f; ", N DC7 Re: Rose Ranch P.U.D. — Partial Release of Collateral Request Number Four HCE Project No. 2000075.02 Dear Mark: On behalf of L.B. Rose Ranch, LLC, the Owner of Rose Ranch P.U.D., and in accordance with the terms of the Subdivision Improvements Agreement by and between the Board of County Commissioners of Garfield County and the Owners, this letter serves as the fourth request'for partial collateral release High Country Engineering, Inc. (HCE) has been on site daily to observe the construction on the project and certify that: 1. All costs for which the release is being requested have been incurred in connection with the construction of the Improvements; 2. All work performed and materials supplies are in accordance with the plans and specifications; 3. All work has been performed in a workmanlike manner; 4. No funds are being requested for work not completed, or for materials not installed or stored on site. Except on this request we are asking for release of all funds related to the construction of the water treatment facility. Since we are joining the Roaring Fork Water and Sanitation District these facilities will not be necessary and will be the responsibility of the district if needed in the future. 5. The Project Engineer has inspected, approved and has certified that all such improvements have been constructed in accordance with the plans and specifications. There are four areas where monies have been allocated for the S.I.A. The four areas and the associated request for release is shown in the following table. 19 Inverness Drive East, Suite D-136 Englewood, Colorado 80112 telephone (303) 925-0544 - fax (303) 925-0547 1517 Blake Avenue, Suite 101 Glenwood Springs, CO 81601 telephone (970) 945-8676 — fax (970) 945-2555 Mark Bean January 31, 2003 Page 2 of 2 1 111111 Hill 111111 111 11111111 111 1111111 111 11111 1111 1111 632of86 8 R20.002003 10:13A D 0.00 GARFIELDBCOUNTYNCOLSDORF Cost Estimate Total 1st Collateral Release 2"d Collateral Release 3rd Collateral Release 4th Collateral Release Remaining Phase 1 Public Improvements $7,021,526.24 $3,518,547.64 $1,140,742.00 $820,762.53 $1,192,207.02 $349,267.05 Phase 1 Landscaping $279,518.61 $0.00 $0.00 $0.00 $133,104.10 $146,414.51 Cart Path $891,726.00 $725,000.00 $0.00 $85,660.00 $81,066.00 $0.00 RFWSD Payment $370,596.00 $0.00 $0.00 $0.00 $370,596.00 $0.00 TOTAL $8,563,366.85 $4,243,547.64 $1,140,742.00 $906,422.53 $1,776,973.12 $495,681.56 Please see the enclosed summaries of the costs being requested on the different areas of the project. We are requesting the funds in the amount of $1,776,973.12 be released and considered complete. This leaves $495,681.56 to complete the remainder of the public improvements. In this request we have also asked for all of the retainage for those items that have been completed. Those items still incomplete still have the retainage applied. We have also requested the release of 100% of the landscape cost since the contingency of the landscaping portion was 110%, this leaves the 110% for constructing the landscaping. This 110% will not be requested to be released until the warranty period with the county has expired. Please contact me if you have any questions or need additional information. Sincerely, HIGH COUNTRY ENGINES' G, INC. Eric P. Tuin, P.E. Project Manager Enc Cc: Richard Nash — LB "`T ch, LLC Tim Thulson — Balcomb & Green $8888 O O O P o o 8 8 8 8 8 8 e d o o e o 888888 0 0 0 0 0 0 8 8 8 8 8 8 8 8 O O O O 00 b cC CC a a 8 8 8 8 8 8 8 8 8 8 a e o nCae e o o tti 888888888 S' e e 0 0 4.... 0 0 888888888$8$88 00 o 0 0 o e 0 0 0 0 0 0 8 8 8 8 8 8 8 8 8 8 8 8 8 8 606,66666666666 8 8 8 8 8 8 8 8 8 8 8 8 8 8 0 v e o 0 0 0 o a o 0 a e o 8 8 8 8 a a e a 8 8 8 8 0000 8 8 8 8 0 0 a a N 0 888888 8 8 h 2 A 4 888888gg 8 s gg 88, 2 J .] u ..1 V! oVo N 888884:88$ a 4 c � V o0 N 8 8 8 8 8 8 8 8 O, 00 N T^ N O N a P r r W vi .SppJ (s .� ..i co)vi,r93 vi vi O o0 N V V O m - - a r s C.) gg11 E 8 8 O 88888888888888 a g 8 F Q s a g 8 8 wl §§ 4. ^i dei 8 8 8 8 8 8 8 8 8 8 8 8 88 8 8 8 4 8 0 N o$$ 8 E9 .'CC Y'Aj . vi .1 J J .S S.J .3 11 .a .a J c7 .4 M 41 r v h M a e e e E p mr W11 41 y] N N N N N N C& F D. Z r 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 imINU- CE O 0 ! 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N O O & O 00 VI .-• 69 69 69 49 49 49 69 09 I i 1 1 I 69 69 69 ' 0 0 0 0 r 00 00 O O O O 000en. 49 49 49 49 0000 0 0 0 0 ocvoc 448 — 00 M -- O O O O occ-• o,46vi.... 69 69 69 I 4) 619 C*1 69 SUB TOTAL E1 F HRH 111111111111111111111)11111111111111111111111111 621186 02/20/2003 10:13A B1438 P542 M ALSDORF 7 of 8 R 0.00 D 0.00 GARFIELD COUNTY CO HCE JOB NO: 97042.05 0 U 2 .0 5 0 0 0 0 0 0 0 O 0 0 0 0 0 0 8888808 0 0 0 0 0 0 0 8,888888 0 0 0 0 0 0 0 8 8 O O 00 4.1 = 0NO 00 C 00 Fs, C 00 F. 0 d 8888888 • 0 0 0 0 0 0 oo88!888 O o O O O O Q O▪ N • vs 0 0 0 0 0 0 0 O 0 0•--� N O 0 V 0 O 00 fol O 0 4, a0 f9 8088088 o00 0 g N O O N 00 O til 8888 8• g 0 8 N 0 0 0 O 0 Q O 09 6 vi vi�^u.;rs;QY wU 0avNi�0 N a 3 O 00 00 N a a 00 0 Co -� a C a a E CaA E -°o 4 E a a E z g14U ~ O p 1.-u v333 e • w a 0 a a `1,-s, E E • nv� I - ▪ Z �d▪ 0 — — V)0 J ▪ W (3 M � Q W l • 0 � N 6▪ 3 6i N • • B 10101111 fk 4000 00 O 0 c0 HCE JOB NO: 97042.05 s 88880088 5888 6 0 6 6 0 0 0 0 6 6 6 6 88888888 8888 0 6 6 6 6 6 6 0 0 0 0 0 U 13 88888888 8888 4 1 0 0 0 0 0 0 0 0 0 0 0 0 s 4 8888888 0 0 0 0 0 0 0 8888888 0 0 0 0 0 0 8888888 0 0 0 0 0 0 0 8088 6666 8888 O 0 O 6 8888 0 0 0 0 574,001.60 55,500.00 88888880 pp C O cp C GO r kr,r, M— N 00 .••• N O M O M — m O H r N 8888 88888888 8888 80820088 8888 88ppQ 8p 8' 8 p888 h 7 N N ery+i 0 VOy 0. 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