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Home My WebLink About1.0 Staff Report BOCC 05.07.18 - Final Release of SecurityBoard of County Commissioners, May 7,2018 Exhibits - lronbridge Phase lll, Filing 1 - Final Release of Security ,l "ro-/ 3-O Exhibit Letter (A to Z) Exhibit A Staff Memo B Draft Acknowledgment of Fifth and Final Satisfaction and Direction to Release Funds Related to Dscrow Agreemcnt C Acknowledgement of a Fourth Partial Satisfaction ancl Direction to Re lease Funds Related to Escrow Number 8783 D Request for Final Release of Escrow Funds (Exhibit E) E Letter from Matthew Langhorst P.E. of High Country Engineering, Inc., dated September 14,2016 F PllD Phase 1As-Built Sewer and As-Built Water G Bill of Sale from Blue Heron Development Company to Roaring Fork Water and Sanitation District H Grant of Easement from Blue Heron Development Company to Roaring Fork Water and Sanitation District Escrow Number 868311I J Subdivision Number 868310 K Roaring Fork Water and Sanitation District (RFWSD) Minutes from February 20, 201 I Phase III I infrastructure EXHIBIT îiooog Memo To: Frcm: Date: Re: Board of County Commissioners David Pesnichak May 7,2018 lronbridge Phase lll, Filing 1 Subdivision lmprovements Agreement Final Request for Release of Collateral On September 21,2015 the Board of County Commissioners approved a final plat and Subdivision lmprovements Agreement for lronbridge Phase lll, Filing 1 Subdivision. The subdivision of the property required certain improvements that were memorialized in an lmprovements Agreement and collateralized with an Escrow Agreement held by Land Title Guarantee. The Applicant had previously requested, and been granted four partial releases of collateral totaling $757,605.00 leaving a remainder of $33,960.00 in escrow for the remaining improvements. The Applicant has now requested a final release of collateral and they have adequately demonstrated completion of the remaining required improvements by provision of a licensed engineer certiflcation to completion and cost of those improvements completed. A final release of security for public improvements requires the Applicant submit additional information including: 1. Record drawings bearing the stamp of Owne/s engineer certifying that all Subdivision lmprovements, including off-site improvements within the jurisdiction of the County, have been constructed in accordance with the requirements of this SlA, including all Final Plat Documents and applicable requirements of the Preliminary Plan, in hard copy and digital format acceptable to the BOCC; 2. Copies of instruments conveying real property and other interests which Owner is obligated to convey to the property owners association of the Subdivision (the "POA') or any statutory special district or other entity; 3. AWritten Request for Final Release of Security, in the form attached to and incorporated herein as Exhibit E, along with Owner's engineefs stamp and certificate of final completion of the Subdivision lmprovements. The County is in receipt of the required information and therefore Staff recommends approval of the request and authorization for the Chairman to sign the 'Acknowledgement of Final Satisfaction and Direction to Release Funds Related to EscrowAgreement" forthe releasè of $33,960.00 to an authorized representative of Blue Heron Properties, LLC. ACKNOWLEDGMENT OF THE FIFTH AND FINAL SATISF AND DIRECTION TO RE,LEASE FUNDS RELATED TO ESCROW AGREEMENT Recitals l. Blue Heron Properties, LLC, a Colorado Limited Liability Company ("Blue Heron"), entered into a Subdivision Improvements Agreement ("SIA") with the Board of County Commissioners of Garfield County, Colorado ("BOCC") dated September 21,2015 recorded on September 22,2015 as Reception Number 868310 in the records of the Garfield County Clerk and Recorder. 2. Collateral for the public improvements for the SIA is held by Land Title Guarantee Company pursuant to an Escrow Agreement recorded on October 20,2015 at Reception Number 869515 in the records of the Garfield County Clerk and Recorder ("Escrow Agreement"). 3. Blue Heron has presented certification to the BOCC from a licensed engineer that all of the construction of Improvements has occurred in accordance with the SIA for Ironbridge Phase III Filing 1 and requests that the collateral be released in its entirety. Acknowledement NOV/ THEREFORE, at the request of Blue Heron for a final partial satisfaction and release and in consideration of the premises and the prior agreements contained in the SIA and Escrow Agreement, the BOCC hereby: 1. Acknowledges the final partial satisfaction of the security requirements of the SIA based upon the documentation provided by Blue Heron; 2. Authorizes disbursement of funds from the Escrow Account in the amount of $33,960.00, resulting in a remaining balance of $0; and 3. Authorizes and directs Land Title Guarantee to release the funds held in the Escrow Account to an authorized representative of Blue Heron. ATTEST: BOARD OF COUNTY COMMISSIONERS OF GARFIELD COUNTY, COLORADO By John Martin, ChairmanClerk to the Board Date llll llltrliuTil,,ï r,ill l{rl l'ül I ulllïJlflJ,lt '¡r hIIl t rl, tl ll I Receotion$: 878396- qdu\u9*lz P3¿?ä¿98"il".'F3:, alB6'.èñRprEuo .ourrv .o ACKNOWLEDGMENT OF A FOURTH PARTIAL SATISFACTION AND DIRECTION TO RELEASE FUI{DS RELATED TO ESCROW AGREEMEFIT Recitals L Blue Heron Properties, LLC, a Colorado Limited Liability Company (Blue Heron), entered into a Subdivision Improvements Agreement ("SIA") with the Board of County Commissioners of Garfield County, Colorado ("BOCC") dated September 2I,2015 recorded on September 22,2075 at Reception Number 868310 in the records of the Garfield County Clerk and Recorder. 2. Collateral for the public improvements for the SIA is held by Land Title Guarantee Company pursuant to an Escrow Agreement recorded on October 20,2075 at Reception Number 869515 in the records of the Garfield County Clerk and Recorder ("Escrow Agreement"). 3. Blue Heron has presented certification to the BOCC from a licensed engineer that a portion of the construction of Improvements has occurred in accordance with the SIA for Ironbridge Phase III Filing I and requests that the collateral amount be decreased based upon the partial completion. Acknowledsment NOV/ THEREFORE, at the request of Blue Heron for a third partial satisfaction and release and in consideration of the premises and the prior agreements contained in the SIA and Escrow Agreement, the BOCC hereby: 1. Acknowledges the third partial satisfaction of the security requirements of the SIA based upon the documentation provided by Blue Heron; 2. Authorizes disbursement of funds from the Escrow Account in the amountof $269,482.50, resulting in a remaining balance of $33,960.00; and 3. Authorizes and directs Escrow Account to an authorized Title Guarantee to release the funds held in the ve of Blue BOARD OF IONERS ATTEST:G 4¿t r-ûl¿-*nl By: J i sEAr to the Board Date: -Ð EXHIBIT EXHIBIT E REQUEST F',OR FrNAL RELEASE OF ESCROW FUNDS Board of County Commissioners Garfield County, Colorado c/o Director of Building and Planning 108 8th Street, Suite 401 Glenwood Springs, CO 81601 RE: Ironbridge Subdivision This request is written to formally notiff the BOCC of work completed for the Ironbridge Subdivision. As Owner [or on behølf of the OwnerJ, we request that the BOCC review the affached Engineer's Certificate of Completion and approve a full release of the amount held in Land Title Escrow No. 519857 (the "Escrow Funds") in the amount of $33,960.00 . Attached is the certified original cost estimate and work completed schedule, showing that all improvements required by the Improvements Agreement and secured by the Escrow Funds have been completed. Nole: that this request and stamped certifîcation was from September of 2016 and the 30,000 for revegetation has already heen released and all that is currently remaining is the $33,960'00 being requested. Also enclosed are the following, required by the Subdivision Improvements Agreement dated 9-21-2015 between Owner and the BOCC, recordecl at Reception No. 868310 at the Real Estate Records of the Garfield county clerk and Recorder (the "sIA"): l. record drawings bearing the stamp of Owner's Engineer certifuing that all improvements have been constructed in accordance with the requirements of the SIA, both in hard copy and digital format acceptable to the BOCC; and 2. copies of instruments conveying real property and other interests which Owner was obligated to convey to the homeowner's association or other entity at the time of final Plat Approval. If funher information is needecl,p lease contact Roger Neal, at 970-945-8676 29975 Owner or Owner's RepresentativeÆngineer APPROVED: Name: Office: Ail EÌìplùye+Owilsd C{'mpet} September l4th,2016 Kathy Eastley, County Planner Garflield County Building and Planning Department l08 8th Street, Suite z0l Glenwood Springs, CO 81601 Re:Ironbridge Phase III, Filing l-Partial Release of Collateral Request Number Five (5) HCE Project No. 2 141026.00 Dear Kathy: On behalf of Blue Heron Properties, LLC the Owner of Ironbridge Phase III, Filing 1, and in accordance with the terms of the Subdivision Improvements Agreement by and between the Board of County Commissioners of Garfield County and the Owners, this letter serves as the filth and last request for partial escrowed collateral rclcass. The contractor has completed the installation of all water and sewer lines along with appropriate fittings/manholes associated with the systems. The owners have received a fïnal approval from the RFWSD on the system installation. All items have been inspected by HCE, In" for correct placement and installation methods. Please see attached Engineers Estimate for percentages completed. High Country Engineering, Inc (HCE) has been on site as needed to observe the construction of the project and certi$ that: 1. All costs for which the release is being requested have been incurred in connection with the construction and material purchases for the improvements; 2. All work performed and materials supplied are in accordance with the plans and specifications; 3. All work has been performed in a workrrntrlike trtamrer; 4. No funds are being requested for work not completed, or for materials not installed or stored on site: total release requested is for $33,960.50 for labor and materials. I5 l7 Blcke "lvenue, Suìk IAI Clenv'oad Springs, CO 81601 telephone (970) 9,15-8ó76 .f* (970) 945-2555 Garfreld County Community Development September 14,2016 Page2 of 2 Cost Estimate Original Total Previously Released 4th Collateral Release Funds Remaining Phase III Public lmprovements s79T,295.00 $757,335.0 $33,960.00 $0.00 Garfield County Revegetation Payment s30,000.00 $0.00 $0.00 $30,000.00 TOTAL $821,295.00 $757,335.0 $33,960.0 30,000.00 We are requesting the fi¡nds in the amount of $33p60.00 be released and considered complete. This leaves $0.00 within the escrow account, thus closing out the construction escrow account for the project. The project will have the revegetation âmount of $30'000 still being held by the county until the site is deemed acceptable for vegetative cover by the County Vegetation Manager. Please contact me if you have any questions or need additional information. Sincerely, HIGH COLINTRY ENGINEERING, INC. Matthew Langhorst, P.E. Project Manager Eric Foerster - Ironbridge Karl Hanlon -Karp, Neu, Hanlon, PC NONDNW S¡,8DIVßN'N.PIIAJ, '. FTLIIi| I Elr.tC.útt ß!8l¡arùs h,c. 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SELLER WARRANTIES THAT TT{E PROPERTY SO CONVEYED IS FREE OF ANY DEFECTS IN MATERIALS OR WORKMANSHIP FOR A PERIOD OF TWO YEARS FROM THE DATE OF THIS CON\,'EYANCE signed this tÁou, o, .!,j';.1'r^,rv, ^ .rora Witness my hand and ofücial seal. BLUE I{ERON DEVELOPMENT COMPANY, A Coiorado corporation By its Manager, Blue Heron Management, LLC, a Colorado company By John NotaryPub STATEOFCOLORADO ì * coUNTY OFGARFIELD ) ., . n The foregoing instrument was acknowledged before me thi-s ltlou, 9t *')!'fur!"410tt, t y fottn iouirg, Manager of Blue Heron Ñfanagement, LLC, Manger-of BÏte-lieron D?i,Efopinent Company. BRENDA TCONNEB }¡OTARIYPUBI¡C STATEOFCOLORADO ìIOTAW lD f glt¿l#¡56{ nztcoùnflssiloil ExFtFÊl 903109 0210912018 09:52:49 AM Page 1 of 1 Jean Alberico, Garfield County, Colorado Rec Fee: $13.00 Doc Fee: $0.00 eRecorded Recording requested by: After recording return to: Ka¡l Harilon Karp Neu Hadon PC 201 14ü SÍeet, Suite 200 Glenwood Springs, CO 81601 (e7o) 945-2261 GRANT OFEASEMENT Know all by these presents, that BLUE HERON DEVELOPMENT COMPANY, a Colorado corporation ("Grantor"), for good and valuable consideration, sells and conveys to ROARING FORK WATER AND SANITATTON DISTRICT ("Grantee"), a Colorado special district, a perpetual non-exçlusive easement over the following real property situat€ County of Garfìeld, Sate ofColorado: All Utility Easements described in the plat of Ironbridge planned unit development Phase III, Filing I Recorded on September 22,2015 under Garfield county, Colorado Clerk and Recorder reception no. 868309, which Phase III is a portion of future development Phase III parcel as depicted and described on the amended and restated Final Plat oflronbridge planned unit development, Phase I recorded June 16, 2004 under Garfield county, Colorado Clerk and Recorder Reception no. 654210, which are identified and depicted thereon.i: ,1t/l I t¿ Signed this 4ll't ¿uv of f i.t"-1,¡.¡ ti't.t r , zott. J BLUE HERON DEVELOPMENT COMPANY, A Colorado @rporation By its Manager, Blue Heron Management, LLC, a Colo¡ado limited I lity company By: John STATE OF COLORADO ) ss.) ) The foregoing instrument was acknowledged before me this John Yoing"Manager of Blue Heron Mãnagement, LLC, Company. COLINTYOF GARFIELD Witness my hand and ofücial seal. 18, by Notary Public EXHIBIT booa il I|OTARY PUBUC SÍAIEOFOOLORADO NOÍARYDtrtaßEıa L EXHIB T IT toDôIf il Hrr[lÎ]ü{t ll lt,l4rt LTd ùþltlt'lFlllll$ I'J t tT}, tl ll I Feceotion$ : 86831 f H?¿'átF-lE F3; : l¿l 8uo8".rF:!, tl BE"åEËF¡ELD couNry co EscrowAe.rcemcnt --Ðate: Escrowl+tt-t*þt1W f Ctosen Thu rrndenigled deposit rvith tand Title Ouaraat€c Company a Cotorado Corpontioq æ Esqrow Holder (the "Esøow HotdeC'), the iterns set forlh i¡r Schedule âo to be bcld by Escrow llolder subject to the tcrms of this Escrow AgrecmeaÌ, tle General Provisions to the Escrow Agreenenl and tbc SpecÞl lrstructions io Schedule B (collectively, the 'BscrowAgreemenf). [l nn cash deposits must bo accómpanied by a Fonn W-9 Request for Tæçayer ldenti6cåt¡on Nuruber. "ScheduJoA" lDeoosits\sj31ê4f.ør.o' Seller(s): (ifapplicablc) "Schedule B" (Specíal Instuctions) f] Speciat Insructioo No. I (Repairs)Aüached f, Special Insbu¿tion No. I a (Completioa) Att¡rched f] Special lastuctioq No. 2 (tæoder Completion lnstructions) Attached f] Special l¡slructis! No. 3 (ltdesûity Agreement - Cæb Dcposit) Attached I Speciat lastructio¡ No. 4 (Ðepository lastructioas) Atached fJ Spocial Irunr¡ction No. 5 (Í'I3-P.T.A) f] Speciat Insüuction No. 6 fRcsolutioq of Mi¡cctlançoru ltsuec) E m ôüe.rs (See att¡ched E¡ùibit "A') Tbe parlies to tba Esc¡ow AgrccmcnÇ þ tbeir sip*rue below, aclaowledge and agree that thcy have read ad will bo bounrl by the EscrbwÀgresment, hcluding tl¡e Gcooral kovísions to tbeEsaow.{grcemeu! and tbe Special Insructiols in Scheduie B. B¡¡æ¡IB¡¡:¡o{¡€#þ}:rÀ hbttêçÞr!R'ry*\tarLLL.(if Iorn llj?5 l?nír? rnspceinsaodt l72E943zXl 1û Add¡ess: Phone #: Fax #: Emoìl: Contact: Address: Phone #: Confacr .Any corrcspordence rcgarding this escrow shall be addressed ro; Lnnd Title Gunr¡nt¿e Compüny 5975 Greenrvood Plgza Blvd. Greenrvood Villrgc' Colorado 801f I Attn: Escrow Coordinator Phone: 303-32¡-1880 F¡* 303=399-8193 Addrass: Phone #: Fax#: Email: Co¡tact: Escrow Fccs to hc ¡s Follows:' (a) Sct up fee: ft) Misccllancous: Note: Añer the issuance of four (4) checks, o fcc of $10.00 per clreck wìll be made for each addifional check, Receipt of thc Bcrow Deposir and acc€p¡Ence of the Escrow Agrcement hereby aeknowlcdged by: Ls¡d Tille Guarantee Company- Ëscrow Holder By: Lcnder: (tfappdcable) By t lll tl r¡18 |fi 4 Hll llE lltùl' I T ¡Èl I ilr ¡lff li liJl [ll' Il ll I ReceotionË:888311 ø912212015 O3: 17r l5 Plt Jo.n nlbtrlao2-ol-ð-Fiã FıerS0.00 Doc Foe¡0.00 cnFFtELD cOUMfY co Fo¡m 135?5 lY¿0¡3 er.sPcc.instodt (3t89¡3231 Ilï Hlr l:lTlrtrÉ [illl, hl' r.H tl I I lll#tll lT tl$'t¿ I ¡t \Iil' ll ll I Raccotlon$:660311a; rlr¿z{s F:¿ l¡¿ I ãuo8'"'Êå!' 8l Bt' åãÊ¡ r ELD couNTï co l. L¡¡d Tiflc Guarsnlee CoarPalY General Provisions to the Escrorv Agrccmcnt Initids lnltinls Notices. A.ny aoticcs roguired or permitted to be given under ùe Escrow Agrcemcnt shatl lmve bccn dec¡led lo bave bee¡ seryed; l. onc bu¡lness day afler the nodce is hand delivered rvith proofofreceipt by tlre addresscc, or ¡¡, onc business day aftcr transmission by facsimile evidencing colfirmatioo of reccipt by theræeiving facsimile machine, or ¡ti. one bus¡Dess day after transmission by cmail evidencing confin¡atíor ofreceipt by the receiving email address. or tu íf rcputable overniglrt courier (such as Uaited P¿rccl Scrvicc or Fcdcral Expless) is used on the imrucdiately followisg busiuess day afler notice is senl for overnigbt delivery' or *. if thc Urited Suæs Mail ¡s usc{ on rhe third business day ¿frcr tftc notice is deposited in the Uniæd States Mai[ posnge prepaid; Providcd in eacl¡ case ssch notice is addressed to dte parties at tlrc addresses givel on the {irst page of this Escrorv AgcemenL Rsliance on Not¡cr- Escrow Holder may act in reliancc upon any witing or instrument orsiglahuc rvhich Escrorv Holdcr, in good faith, bslievcs ¡o be genuine, and nray aszume the validìfy and accuncy of any stüement 0r üsserl¡on contained in such a twiting or inshumcnt, alldmay lssumc tlrat any pcrson purponing to give any rvriting, notice, ldvicc or instruction in connection with the provisions hmcof has bcen duly authoriz¡d so 1o do. Lsrvs Relatiug to Unclaimed Funds. Seiler and Bu¡ier arc hcrcby adviscd rhat unslaimcd firnds may be payable 1o tlre Sbtc ot some fuilre date pursüant t0 uoclaimed propcrtJ¡ laws, and slrould Escrow Holder pay any such ñ¡¡¡ds bcld in tlrc Escrol Deposit, Bcrow Hokler shall be rcleass from aÍ furthcr rcsponribilíty undc¡ thc Escrorv Agrccment and sball not bs liablc to any Parly so long as such plyment wæ made pursuaat b applicable law. .Escrow Deposit and lnterest E*rned on Escrorv DeposiL r. Upon receipt of ryritten dirccrion of t[e parties atong rvith a compleled $r-9 any money comprising tire Escrow Ðeposit u'Íll be hvcsted in an inlercsr bcaring occotutt. b. Deposits of S 100,000.00 or mor€ may be directcd by tbe parties trereto to other types of investnents, or lhe Escrorv Holder may invcst the Escrow Dcposir in Rcpruchase Agreements for U.S, Traasury obligatiom or other Fedenl agency issued securities. c- Escrow Hotder shall not be rcsponsiblc for maximiziuC tho yicld on the Esc¡ow Deposit. Undcr oo ci¡cumstances shall Escrow Holder be lisble for loss of fi¡nds dus ¡o bank or o¡her lrctiution lhilure, including enplo¡ees or 4gents thereof, sruspeusion or cessation ofbusiness, or any actiol or inactioa on the part ofthe baak or other ißüntfion, or any deiivery seruice ransporting fr¡nds to a¡d tou the institution' ù All partics hcrcro slrall execute and dcliver to Escrow Holder all forms required by federal, srau or oùer govemmental ngencics rcla¡ivc to tåxetion mstters aud Escrow Holder rvill file appropriaæ 1099 or other required fonns. Fees a¡d Erpenses uf Ercrow Holden r. The Esc¡ow Holder sl¡all be entittçd to reimbusement in full, or msy demand payment i¡! advãrcq for all costs, er¡enses, charges, fecs or otber payrnefft madc or to be made by Esc¡orv Holder in the pcrformance of Escmt' llolde¡'s dutícs and obligations uader rhc Escrorv Agrccmeut- b. The parties ro lhe Escrow Âgr€Ên€rt Ere joinl¡y snd severally liable for the pa!¡ment to EscrorvHoldet of oll fees and expenses, Escrorv Holder is hercby authorizcd ard dircctcd to rcímburse to irelf in pâymeil of fees or expenses Êom oni nrn¿¡ ia tbc Essrorv Deposit, whctbçr Êom principal or interest or both, ü nr¡y lime, and Êom limc to timc, as dtc sarnc nuY bc due and owÍng. c. Escrow l{older is horeby authorized fo witbhold any fees or erpenses from any disbu¡sement or dÍsnibution of Escrow Deposit to auy Party here¡o or lo lhe Clerk of tbe Coun upon inteçlcadcr. d. ln ùe evenl únt tl¡e Ëscrow Deposit shall consin of documena only and not fìrxds, Escrsw Holder may rcfuse to disribute any such documen¡s or ts o¡herwisc act under this Agreement until sll ¿ccrued bul unpaíd fces and BxpensËs have been paid in ftll. t, 3. d. rn !3575 l2f20l3 ca.rPceinsrodl f228943131 6, ilil Íl UHllPll lllll'lllllfi l| Jl ll ll'l FItl t lI llf I l'.Tl]å rl ll ItreceotlonB: 868311 8'¿?t¿tP:3 P*llol8r"B""rFå!, â18Ë"åFå'rELo cou.r'y c0 Non-liabilíg' of Escrow Holde¡: a. Escrow Holder sball not be liable for any misukes o[ fac! or erron ofjudgment or for any acts o¡ omis¡ions of any kind unless caused by ôe rvitlfirt misconducC or gross neglige¡cs of Escfow Hotdçr. b. Escrow Holder shall not be liable for aay taxes, assûssmcn¡s or o*ter govenunental charges which may bc levied or asgessed upon tbe Escrorv Dcposit or any päl thereoÇ o¡ uPoE tl¡e income thereÉom. g Ëscrow Hôlder may rely upon tbe advicã ðtcou¡sel and upon $alemÊnts of accounuots, brokers or'other penons reæoaably believed by it in good åfh ro be expat in úe matters rrpon which they arc consulted, and for any rcasonable aptio¡ take¡ or sufered in good fai¡h bæed upon such advice or statcmeils. lndemnity of Escrow Holde¡: The Sellø and Buyer jointly and severall¡i lgreê to: i. indemni$ Esc¡ow Holdcr for, and hold it hanuless against any and all liability incurred by tbe Escrorv Holder by reason of this Escrow Agreemenç or in connection witl¡ Escrow Agent's performancc of its dutics hereunder, cxcept for Essrolv Holde/s ott'n willful miscenduct or gross negligence, and ¡i. reimbu¡5e Eærorv Holder for ¡lJ js crycnsesr including,'but not necæsarily limited to, aftomcysrfees E¡d court coss issurred pt¡rsuånt ¡o ibít Escrou'AgrcÊmeoL Requert for lTrilten lnstr¡lctions. ¡. Ëscrow lloldernay at any time, ¿nd frou timc lo time, requsst the Seller and Euyer to provide w¡itten instructions conocming the propriety of a proposed paynÊqt of the Esc¡ow Deposiç distribution of documents, or ottrer action or refi¡sa! to åct bY Escflrw Holder. ¡. Should the Selier ând Buyer faii to providc such u¡rine¡ irctuctions rvitbin a reasonable time, Escrow Holdcr may take such actioq or refi¡sc ¡o act, æ it mry deem appmpriue and shall not be liable to anyoÉe fsr such astion or rtfusal to act. ¡. NotwithstandiÞg rbe foregoing, should rhe terms of úe Escrow Âgecmenl be complied with, in tlre judgmcnt of Escrorv Holder, then tbe Escrow Holder may disbursc any funds, disribute documents, or take sucÌ¡ action rvithout sperific fi.¡rthcr writlen instructious fronr åny Pã¡:ty. Disputæ and lnlerpleaden ¡, In tl¡e event of any dispute between the Pon¡es as lo cither law or facl, or in the evenÈ any of thc padies hereto fa¡I, for afly rcssor, ro firlly rcceipt and acquit ùc Escrow Holder in rv¡iting Escrorv Holder may refuse, ia its discretiou, to carrl' out said cs{:rûw i¡sht¡ctio¡s or fo dcliver aay fuudg. documcnß, or propeÉy in its lmnd to nnyone and iu so doing sholl notbe€one liable to dem¿nd. b. Escmw Hoftlcr sball be cntfled to roatiaue, w¡lhout liability, to reËain and reÂ¡se to ¡ct: ¡. uúil all tbc rigbrs of the adverse claìmsnts havc bcen fhally adjutlicated by a coun havingJurisdictlon over lhc Panies and ù¿ irems affecæd bercby, aficr rvhicb time the Escrow Holder shalt be en¡itled t0 act ¡n cooformþ witlt such adjudication; or t¡. until all differences shall have been a{usted by agreemcnt and Esc¡orv }lolder shall have been notiEed thcrcofand shall have been directed in writing signed jo'utty or ia counærpart by thç panies md all penous rnnkilg advare claims or demand. at which time Escrow Holdsr shaU be protected in acting in compliance tlærervilh. c. Escrow Holder also hæ tbe right to interplead into a cou¡t of competent jurisdiction at the expensÈ of the P¡rties. Resignation of Escrolt Holdcr. o. Escrorv Holder may resign under this Agrccruent by giving writtcl notice to all of tbe pafics lnrelo, effective 30 days aRcr tl¡c dale ofsaid notice. b, Upon the appointruent by the parties of a new cscrow bolder or custodian, orupon-written insürctioqs to Escrow Holde¡ fo! othcr disposition ofthe Escrow Deposít, Escrow Hold* shall, aû¡rretention ofils accrucd cscrow fccs arrd exPeuscs, if any. sball deliver thc Escrow Deposil wiahin a rease¡able period af ri-e as so directe4 and chsll be reli¿vcd of aty and all liability hcrcundcr arisiag lbere¿fter. Applicable Latv. This Agrcemcnt shall be govemcd by lhe laçrs of thc SÞts of Cotorado. Counterprrts/Tblrd Party Bencflcinries. Tbis EscrowAgreemènt mty be exccutcd in any numbcr of counteryarls, eactr of which rvben so exccutcd sl¡alt constitr¡te the entire ggreeúent benveen d¡e Seller and Buyer. The Seller and Buyer acknowledge and agree that there are not lntended or uni¡tended third party beneficiaries who may rely upon orbenefit &om tbc pmvisions of this agt€ment. Electronic Signatures nnd Notlces. Ji¡g execution of rhis Êscrow Agreement, and any otbcr notice rcguired or permitted undcr this ËscrowAgreement, may bc givcn and lpnsm¡iled by etectronic means (ircluding emaïI, facsìmile, or similar transmiss¡CIn) û¡d sball be deemed cffective ior all purposes. Documents rvith original sigrrturcs are not required- if original síg¡aturcs arc required by any party, úis requesi mnst bc mado prior to exccutíol of this Escrow Agreement or atry other notice, to cüsufe compliancc with lhc request t. 9. r0. u. t2. r3, Forn l3i?5 ,znÃtJ ca'sPec.insrodt {2r89{313¡ Ill l llf¿t ltlFlTltil ilttt,l' ¡{il,+!tt J,l'llUl ltlllh t,[ llL ll ll I g{""'? låËiåt lÍËll¡""'ril, ã l tE"å;f; , r EL' cou'ry co Blue Heron Properties and ùe BOCC are parties to that certain Subdivision Improvements Agreement darcd q/zLl lî and recorded in the public records of Garfreld County, ColoradounderRdceplonNo, Eefr1/A . (the"SIA"). Exhibit rAt' to Escrow Agreement This document is an addendum f'Addendum") to that ceftain escrolry agreement under Land Title Guaranty Company Escrow Account No. 519857 ('oEscrow Agreement") entered into between and among Blue Heron Properties LLC ("Blue Heron Properties") the Board ofCounty Commissioners for Garfield County, Colorado ("BOCC*) and Land Title Ouaranty Company ('Escrow Holder"). This Addendum is incorporated in the Escrow Agreement by reference as if set out in full. Introduction Section 3, of the SIA requires lhat BIue Heron Properties provide security for tlrc const¡r¡ction and completion of certain public improvemenls located within the Plrase III of the lronbridge Planned Unit Devclopment. The amount of the security is $-¿U¿Aç,Ste "Escrow Deposit"), whieh is an amount equal to the Cost Estimate as defined in Sfoion l(aJof the SIA. Blue Heron Properties and the BOCC have agreed that the delivery of the Escrow Deposit to the custody of the Escrow Holder, pursuant to Escrow Agreement and this Addendum, will satis$ the security requirements under Section 3 of the SIA. Disbursnl lnstructions and Miscellaneous Provisions ScctÍon 1.01 Disbursal of Escrorv Dcposit [n accordance with the above, Bluc Heron Properties and the BOCC instruct the Escrow Holder to disburse all renaining or any authorized portion of the Escrow Deposit as follows: To Blue Heron Properties: Escrow Holder shall disburse the sum set forth on any 'olVritten Request for Partial (or Final) Release of Security presented by Blue Heron Properties" as provided in Section 3(e) and Exhibít D ofthe SIA that is stamped, certifìed, or othenpise authorized by the BOCC or is duly authorized ofücer or representative. To the BOCC: Escrow Holder shall disb¡¡rse the balance of the Escrotv Deposit, together with all accrued interest, to the BOCC upon Escrow Holder's receipt of a duly approved written resolution of the BOCC confirming that the BOCC has determined Blue Heron Properties to be in default under tl¡e SIA. Such deter¡nination shall be made at a duly noticed public meeting for which Blue Heron Properties will be provided 14 calendar days advanced written notice. Notice provided in conformance with the SIA will be deemed suflìcient for the purposes of this provision. fil #rrll,TlttHll |td Ut*l'#llHffi{¡lllüll'år¡Il'L l ll¡ Reoeptlonü¡ 8683t1 årl?'¿'RH På¿ I 3¿ I ãotü."'Få!' 8l t6'åãFF rELo coul¡ry c0 Section 1,02 Misccllancous Provisions. Blue Heron Properties waives any and all claims against the BOCC, its officers, employees, agents and contractors on account of each of their good faith performance of their obligations _ under tbe Escrow Agreement and this Addendum. Blue Heron Properties shall defend, indemnify and hold harmless the BOCC, its officers, employees, agents and contractors from and against any claim made on account of this Escrow Agreement. The procedures set forth in this Addendum a¡e intended to govern the nanner in which Escrow Deposit firnds a¡e to be disbursed to Blue Heron Properties, or, as the case may be, the BOCC. This Addendum does not affect, in any respect, the manner or conduct of inspections to be performed by the personnel of Garfield County with respect to the public improvenrents, all as further provided in tlte SLA. fte parties intend that the Esuow Agreement and this Addendum satis$ the requiremenl of "a form of security deemed adequate" under Seciton 3(a) of the SIA. In any event, as between Blue lleron Properties and the BOCC, the provisions of the Escrow Agreement and this Addendum are to be interpreted in a manner consistent with the SIA, whichn with respeet to Blue lleron Properties and the BOCC, will control over the Escrow Agreement and this Addendum with respect to any provisions that are in conflict. {'**End ofAddendum*** EXHIBIT { l,r.IoDg t- tlll ll[rl:U ITI il{ t lll't I lltll, I I Ll ¡ lt,lÛ Illfill IHI I'',l' ll I I I Receptlon$3 868310 l-'i?ã-l3tå:""Êåå1iå'ot"*i'Ê!"1ålå6¡tånerE'"o Gou,rry co IRONBRJDG E SUBDTVISION IMPROVEMENTS AGREEMENT THIS IRONBRIDGE SUBDIVISION IMPROVEMENTS AGREEMENT ('SIA') is made and entered into thisdf"¿uy of Styltt^l.t'r .20t5, by and between BLUE HERON PROPERTTES, LLC ("Owner') anó the BOARD OF COUNTY COMMISSIONERS OF GARFIELD COUNTY, COLORADO, acting for the County of Carfìeld ("County"), State of Colorado, as a body politic and corporate, directly or through its authorized representatives and âgents ("BOCC'). Recitnls l. Owner is the owner and developer of the lronbridge Subdivision (the "subdivision'), rvhich property is depicted on the Final Plut of lronbridge Subdivision, Phase lll, Filing I ("Final Plat'). The real ploperty_subject to this SIA is described in that Final Plat, rccorãed at Receprioi Number 'ALA ?a? in the Clerk and Recorder's records of Garf ietdCount¡óoloradoanoincãffi@fr i-rrcference. 2, On December 10, 2007, the BOCC, by Resolution No. 2A0842, recorded at Reception Number 746338 of ths real estate records of Garfield County, Colorado and incorporated by this reference, approved a preliminary plan for the Subdivision which, among other things, would create sixty-one (61) single-family, and open spacelcommon area parcels ('Prelim inary Plan å,pproval'). 3. As a condítion precedent to the approval of the Final Plat submitted to the BOCC as required by the laws of the State of Colorado and by the Garfield County Land Use and Development Code of 2013, as amended ("LUÐC"), Owner wishes to enter into this SIA with the 8OCC. 4. Owner has agreed to execute and deliver security in a form satisfactory to ¡he BOCC to secure and guarantee Owner's perfonnance under this Agreement and has agreed to certain restrictions and conditions regarding the sale of propcrties and issuance of building permits and certifrcates of occupancy within the subdivision as more fully set forth below. 5. Owner represenrs that ät the tlme of recording this SlA, all taxes and assessments upon all parcels of real estate describcd in the Fïnal Plst are paid in full' \ NOW, THEREFORE, in consideration of rhe foregoing rscitals and the mutuat covenants and promises contained ltere in, the BOCC and Owner ("Parties') agree as follows: Aqrccment l. FINAL PLAT APPROVAL. The BOCC hereby acccpts and approves the Final Plat on the datc set forth above, subject to the terms and conditions of this SlA, the Preliminary Plan Approval, and thc rcquirements of the LUDC and any other govemmental or quasi- govemmentat regulations applicable to the Subdivision ("Final Plat Approval"). Recording of r^t\ Ilil Hrr [I[ lttllÉll¡'F ltl ffi l,i¡f tfi t f fi FÏlß|tllr'l tl il I Receotlonü¡ 8683t00¡9rzÌt2otË 93:t7:16 Pll J!.n âlblttço'_ ã- ä - i-z- àá"- Fåá, iolsä'ooı -Fã€ì o ; Õ0 - ıñRF I ELD cour'trY G0 the Final Plat in the records of the Garfield County Clerk and Recorder shall be in accordance with this SLA and at the time prescribed herein. 2, OWNER'S PERFORMANCE AS TO SUBDTVISION IMPROVEMDNTS, a. Completion DatelSubstantiÊl Egmoliance. Except as otherwise provided in this SIA with regard to the Afnordable Housing Units (as hereinafter defined), Owner shatl cause to be constructed and installed the subdivision improvcments, identified in the Exhibits defÌned in subparagraph 2,a.i, bclow ('Subdivision lmprovements') at Owner's expense, including payment of fees required by the County and/or other govemmential and quasi-govemmental entities with regulatory jurisdiction over the Subdivision. The Subdivision lmprovements shall be completed on or before the end of the first fi.rll year following execution of this SIA ('Completion Date"), in substanlial compliance with the following: i, Plans marked "Approved for Construction" for all Subdivision lmprovements prepared by High Country Engineering and submitted to the BOCC on S¡¿el. ¿ I , 2015, such plnns being summarized in the list of drawings attachäd to and made a part of this SIA by reference as Exhibit A; and the estimate of cost of completiori, certified by and bearing the stamp of Owner's professíonal engineer licenscd in the State of Colorado ('Owner's Engineer'), attached to and made a part of this SIA by reference as ExhibitB, which estimate shatl include an addÍtional ten (10) percent of the total for contingencies (col lectively lhe "Cost Estimate'); ¡i. All requirements of the Prelirninary Plan Approval; i¡i. All laws, regulntions, orders, resolutions and requirements of the County and all speeial districs and any other governmentat entity or quasi- govemmental authority with jurisdiction¡ and iv. The provisions of this SIA and all other documentation rcquired to be submitted along with the Final Plat under pertinent sections of the LUDC ('Final Plat Documents'). Notwithstanding anything to the contrary oontaÍned in this SlÀ the timing requirements and criteria for substantial completion of the Affordable Housing Units shall be as set forth in panagraph 4 below. b. Satisfac.tion of S,ubdivision lmorovements Provisions. The BOCC agrees that (l) if all Subdivision Improve¡nents arÊ constructed and installed in accordance with this paragraph 2; (2) the record drawings have been submitted upon completion of the Subdivision lmprovernents, as detailcd in paragraph 3(h), below; and (3) ¡ll other rcquirements of this SIA have been met, then the Owner shall be deemed to have satísfied all terms and conditions of the Preliminary Plan Approval, the Final Plat Documents and the LUDC, with respect to the installation of Subdivision Improvements. 2 tll I tlr.¡ilrF l'$ ltltllú l,lfl! l4+f 'l ffilll ilH il'4 fd, I I I I ReceotlonH¡ 8E83tOøet2/r20l5 93;17:lË Þl't JÊån nlù6rlooã-i¡î-?3-Èıo-Fáa;s0.6 DoÊ Fáoi0,00 GRRF¡ELD 60u¡lTY co 3. SECURTTY FOR SUBDTVISION IMPROVEMENTS (EXCEPT REVEGETATION). a. Subdivision lmorovements Securitv and Substilute Collateral. As security for Owner's obligation to complele the Subdivision .lmprovements Owner shall deliver to the BOCC, on or before the date of recording of the Final Plat, a form of security deerned adequate by the BOCC and payable to the Count¡ attached to and incorporated in this SIA by reference as Exhibit C ('security'). The Security shall be in tlte amount equal to the Cost Esthnate. The Security shall be valid lor a minimum of six (6) months beyond the Completion Date (the "Expiratíon Date"). b. Secr¡rity Requilements and.Plat Rg$rding. The Final Plat shall not be recorded until the Security has been received by the County and approved by the BOCC. c. Extension of Expiration Date. lf the Completion Date is extended by a wrigen amendment to this SlA, the time period for the validity of the Security sball be similarly extended by the Orvner. For each individual exlension that ís in excess of six (6) monrhs, at the sole option of the BOCC, the cost of completion of the remainíng Subdivision lmprovements shall be subject to re-celification by Owne¡rs engineer and r€view by the BOCC. To the extent the cost of complction of thc Subdivision lmprovements, plus an additional ten percent UA%) of such cost for cont¡ngencies, differs from the face amount of the remaining Securit¡ the amount of such Security shall be adjusted upwards or dorvnwards, as appropr¡ate. d. Unenforcesble Sgcuritv. Should the Security expire or become void or unenforceable for any reåson prior to the BOCC's approval of Owner's engîneer's certification of completion of the Subdivision lmprovements or, with regard to tlte Affordable Housing Units, prior to the issuance of a cenificate of occuprncy for the last Affordable Housing Unit required per this SlA, including bankruptcy of the Owner or the financial institution issuing or confirming the Security, this SIA shall be voidable by acrion of the BOCC and upon such action, this SIA shall be of no further lorce and effect and the Final Plat sh¡ll be vacated pursuant to the terms of th¡s SlA. e. Partial Releases ol S..qcuritv. Owner mây request partial rcleases of the Securiry, and shall do so by means of submissíon 10 the BOCC of a "r¡¡úrinen Request for Partial Release of Securit¡" ín the form attached to and incorporated by this refcrence as Exhibit D, accompanied by the Owner's engineeCs stamped cÊr1¡ficate of partial completion of improvements. The Orvner's engineer's seal shall certify thal the Subdivision lmprovements have been constructed in accordance with the requirements of this SlA, including all Final Plat Documents and thc applicable provisions of the Preliminary Plan. The BOCC shall authorize successive releases of portions of the face amount of the Security as portions of, the Subdivision lmprovements are certified as complete in the manner set forth in this subparagraph 3.e and to the satisfaction of the BOCC. Notrvithstanding an¡hing to the contrary contained in this SlA, including without limitation, the BOCC's righs of investigation established by this paragraph 3. ', lil lll trl ! u I'titiilll l{ h l¡ llh I ú,lt1i I tl}]t¡l tf t ltsïI, ll ll I f'?"',Tådå"*rårÍ','¡'f:18"""*"Ê1"1å?Ê6¡Eån,r'Locourryco f. 3OC€t tnvestiq,atioJ. Notlithstanding the foregoing, upon submission of the Owner's Written Request for Partial Release of Securit¡ along with Owner's engineer's certificate oF partial completion of improvements, the BOCC may review the certífication and the Prelirninary Plan, and may inspect and review the Subdivision Improvements certified as complete to determine whether or not they have been constructed in compliance with relevmt specifications, æ follows: ¡. lf no letter of potential deficiency or determination that applicable requirements of the Preliminary Plan have not been satisfìed is furnished to Qwner and the Escrow Holder by the BOCC within fifteen (15) calendar days of submission of Owrrefs Written Request for Partial (or Full) Release of Security, accompanied by Owner's engineer! certificate of partial completion of improvemcns, all Subdivision lmprovements certified as complete shall be deemed approved by the BOCC, and within three (3) business days of such improvements beÍng deemed complete, the securiry shall be released to the Owner in the amount provided in the lVritten Request for Partial (or Full) Release of Security, ii. lf rhe BOCC chooses to inspect and determinÊs that all or a portion of the Subdívision lmprovements certified as complete are not in compliance with lhe relevant specifications or thst applicable requírements of the Preliminary Plan have not been met, the BOCC shall fumish a letterof potential deficiency to tbe OwnÊr, within fifteen (15) calendar days of submission of Ownet's Written Request lor Partial Release of Security. íii. lf a letter of potcntial deficiency is issued identi$ing a portion of the certified Subdivision lmprovements as potentíally deficient and there are no outstanding requirements of the Preliminary Plan that are npplicable to the subject improvements, then all Subdivision lmprovements not identified as potentially deficient shall be deemed approved by the BOCC, and the BOCC shall authorize in writing release of the amount of Security relatcd to the Subdivísion lmprovements certifîed as complete and not identified as potentially deficient. iv. With respect to Subdivision lmprovemenls identified as potentially deficient in a letter of potential defioiency or as not meeling all applicable requiremens of the Preliminary Plan, the BOCC shall have fifteen (15) calendar days from the date of the letter to complcte thc initial investigation, begun under subparagraph 3.f,i¡. above, and provide wrinen confirmation of the dcficiency(ies) to the Owner. v. lf the BOCC fìnds that the Subdïvision Improvements are complete and in compliance with the relevant specifìcations and that all applicable requirements of the Preliminary Plan have been met, the BOCC shall noti$, the Owner and the Escrow Holder in writing and the security shall be released to the Owner in the amount provided in the Written Request for Partial (or Full) Release of Security. within three (3) business days after completion of such investigation. 4 f fi ilrrltil!{llf ll{lh l{fËl l* f '¡Þß'$ ¡THFJJIIII ] ll I Rcceotlon$: 8E83tOgsrz¿t?ols o3: 17¡ 15 Ptt Joan Êlberleo6 ¡¡l 7ã Fec Fcert0,00 Dao Fes:O.00 GFRFIÉLO COtt¡lTY C0 g. BOCC Co¡npletion of lmprovements and Other Remedies. lf ¡he BOCC finds, within the fifteen (15) day period of tim€ defined in subparagraph 3.f.iv. above, rhar the Subdivision lmprovernenls are not complete, or if the BOCC determines that the Owner will not or cannot construct Bny or all of the Subdivision Improvements (whether or nol Owner has submitted a written request for rele¿se of Security), or that applicable requiremenls of the Preliminary Plan will not or cannot be met, the BOCC may wílhdraw and employ from the Security such funds as may be necessary to construct tltc Subdivision funprovements in accordance witlt the specifications or to satisfy the Prcliminary Plan requirernents applicable to the Subdivision, up to the re¡naining face amount of rhe Security. ln such event, the BOCC shall make a written finding regarding Owne¡'s failure to comply with this SIA or applicable requirements of the Preliminary Plan prior to requestíng payment from the Securit¡ in accordance with the provisions of Section l3-106 of the LUDC. [n lieu of or in addition to drawing on the Securit¡ thc BOCC rnay bring an action for injunctive relief or damages for the Owner's flailure to adhere to the provisions of this SIA regarding the Subdivision Improvements and satisfact¡on of requirements of the Preliminary Plan applicable 1o this Subdivision. h. Final Release of Securitv. Upon completion of all Subdivision Improvements and requirements of the Prcliminary Plan applicable to the Subd Owner shall submit ls the BOCC, through the Cornlnunity Development rccord drawings bearing the stamp ol Owner's engineer certifying tha¡ all Improvements, including ofËsite improvements within the jurisdictíon of the County, have been constructed in accordance with tlte requirements of this SlA, including all Fínal Plat Documents and applicable and digital format acceptable to the of the Preliminary Plan, in hard copy copies of instruments conveyîng real propeny and other interests which Owner is to convey to the property owncrs ent¡ry; the Subdivision (the "POA") or any statutory special district or other Written Request for Final Release of Security, in the fonn attached to and in as Exhibit E, along with Owner's engineer's stamp and certificate of fìnal cornplerion of ahe Subdívisíon lmprovements. Upon receipt of the foregoing, the BOCC sl¡all take the following action: i. The BOCC shall authorize a fìnal release of the Security after the Subdivìsion lmprovements are certified os final to the BOCC by the Owner's engineer and s¡id fÌnal certification is approved by the BOCC. If the BOCC finds that the subdivision lmprovements are complete, in accordsnce with the relevant specifications, and that all requirements of the Preliminary Plan applicable to lhe Subdivision have been satisfìed, the BOCC shall release the final amounl of the Security within ten (10) business days following submission of the Ownerl Written Request for Final Release of Security accompanied by the other documenß required by this paragraph 3.h. ¡i. Nohvithstanding the foregoing, upon Owner's Written Request for Final Release of Securiry, accompanied by Owney's engineer's certificate of final completion of improvements, the BOCC may inspect and review the Subdivision lmprovements certified as complete. lfthe BOCC does so review and inspect, the pmtcess contaíned in paragraph 3.f. above, shall be followed. If, following such 5 lll ltrrrl ifi tf ,_l_1_¡l llll I I :¡lll J¡llt¡tl UJ n ilrut [y¡r I I l¡ IReceptlonH: 868310 8t¿?'l3o*:"oP.lJiåtotnooi"Ê1.1å?6ıtËñnr¡.,.o cou¡,¡ry co 4. inspection, the BOCC finds that the Subdivision Improvemenls are complete, in accordance with the relevant specifìcations, and that all rcquirements of the Prelimïnary Plan applicable to the Subdivision have been satisfied, the BOCC shall release the final amount of the Security rvithin ten (10) days after completion ofsuch investigation. ¡i¡. l[ following the inspection contained in paragraph 3.f, the BOCC lìnds that the Subdivision hnprovements are not completg in accordance with the rclevant specifications, andlor that requirements of the Prelirninary Plan applicable to the Subdivision have not been satisfìed, the BOCC may conplete r[e remaining Subdivision lmprovements and satisfy the applicable requirements of the Preliminary Plan, or institu¡e court action in accordance with the process oullined in paragraph 3.g. above; provided, however, that such action may only be taken by the BOCC ¡f the BOCC detcnnines in is reasonable discretion that the subject Subdivision Improvements will not or cannot be satisfactorily completed on or before the Completion Date and, provided further, that the BOCC shall provide Owner a reasonable opportunity to cure (as provided in paragraph 12 below) any identified defïciency(ies) or violations prior to initiating sny of the selÊhelp remedies described herein, including, without limhation, commencing rvork on the Subdivision lmprovements, requesting pa¡rment from lhe Security, initiating the forfeiture proceedings set forlh in Section l3-106 of the LUDC, or filing a civil aclion. SECTTRITY FOR REVEGETATION. û. ReveggtÊ.tign Account and $gþstitute Collsteral. $30,000 of fhe face amount of the Security , specified in Paragraph 3a above, shall be allocated to revegetation of disturbed areas with¡n the Subdivision, the cost for which is detailed as a subdívision improvement in Exhibit B. Revegetatìon of disturbed areas in the Subdivision, the costs for which is detailed as a subdivision improvement in Exhibit B, shall be secured by lronbridge Phase III, Filing I Revegetation Treasurer's Account Agreement betrveen the Owner, thc BOCC and the Garfìeld County Treasurcr, f'Revegetation Account Agreement'), The Revegetation Account Agreement shall be valid For a minimum of two (2) years following recording of the Final Plat. b. Revegetation Account General Provisions. The provisions of paragraphs 3.b., 3.c. and 3.d., above, dealing with Bond requirements, extension of expiration d¡¡tes, increase in lace amounts, plat recording and plat vacatíng shall apply to the Revegetation Account. c. Reveeetation Review and Noljge of Defìciencv, Upon establishmcnt of revegetation, the Ovmer shall request review of the revegetatÍon work by the Garfield County Vegetation Management Depaflment, by telephone or in writing. Such rcview shall be for the purpose of verification of sucsess of revegetation and reclamation in accordance with the Garfield County ïVeed Management Plan 2000, adopted by Resolution No. 2002-94 ¿nd recorded in the Office of the Garfield County Clerk and Recorder as Reception No. 580572, as amended, and the revegelation/reclamation plan 6 f il # rr lI E l¡T¡ H¡l Û"1, tllllh iU' ltit[ ùtHïllt' I t"'}. tl ll I i'"¿'É?å'i#å,:',¿tf:1P."*¿'F3.?Àlt5¡Eå,FI€LDçouNrYco titled and dated for the Subdivision suhnitted as part of the Fin¡l Plat Documents. lf the Vegetation Managemenl Department reñ¡ses approval and provides written notice of deficiency(ies), the Owner sltall cure such deficiency(ies) by further revegetation efforts, approved by lhe Vegetalion Management Department, as suclr efforts may be instituted rvithin the two (2) years following recording of the Finql Plst. d. Single Reauest &r Release of Reveqetation Account. Following receipt of written approval of the Vegetalion Management DepaÉtnent, the Owner may request release of the Revegetation Account Agreement and shall do so by means of sul¡mission to the BOCC, through the Building and Planning Departmcnt, of t Written Request for Relesse of Revegetation Account Agreement, along with cenification of completion by the Owner, or Owner's agent witlr knowledge, and a copy of the written approval of the Vegeþt¡on Management Department. lt is specifically understood by the parties that the Revegetation Account is not subject to successive partial releåses, as authorized in paragraph 3.e., above. Further, the Revegelatìon Account and the BOCC's associated rights to withdraw funds and bring a court action may survive fÌnal release of the Accounl securing other Subdivision lmprovêmenls, defined in paragraph 3.a., above. e. BOCC's Completion of Reveeetation and Other Remedies. lf Owner's revegetation efforts are deemed by the BOCC to be unsuccessful, in the sole opinion of the BOCC upon the recommendation of the Vegetation Management Department, or ¡f the BOCC determines that the Owner will not or cannot complete revegetation, the BOCC, in its discretion, may withdraw and ernploy from the Revegetation Account such ñ¡nds as may be nÊcosssry to carry out the revegetation worlç up to the face amount of the Revegetat¡on Account. In lieu of or in addition to drawing on the Revegetation Account, the BOCC may bring an astion for injunctive relief or damages for the Owner's failure to adherc to the provisions of this SIA related to revêgetâtion. The BOCC slrall provide the Orvner a reasonable ti,me to cure any identified deficiency prior to rcquestíng payment frorn the Revegetation Account or filing a civil action. 5. AFFORDABLE HOUSING. ln accordance with the requirements of Article I of rhe LUDC and the Planned Unit Development (*PUD') approval, Owner has agreed to provide six (6) deed-reslricted aflordable for-sale housing ("Affordable Housing Units') either wirhin the Subdivision or ofßite as pârt of the Project as specifically provided in the affordable housing agreÊment (the "Affordable Housing Agreement'). ,{s provided in the Affordable Housing Agreement, Owner shall not be required to construct any individual Afnordable Housíng Unit(s) until a buyer for such Affordable Housing Unit has been qualified by the Garflteld County Housing Authority f'GCHA') in accordance with the Aflordable Housing,{greement. Pursuant to the Affordable Housing Agreement, if Owner defers construction of the Affordable Housing Units, upon OrvneCs receipt of notice from GCHA that a buyer has been qualified to purchase an Aflordable Housing UnÍt (the "Purchase Notice'), Owner shall promptly commence construction of an Affordable Housing Unit and shall deliver a completed Afford¡ble Housing Unit to the qualified buyer on or before one-hundrcd and twenty (120) days from Ownefs receipt of the Purchase Notice; provided, however, that if Owner receives a Purchase Notice on or beween Ostober l5th and April lst of any year, Owner shall be required to deliver a completed Afiordable Housing Unit to the purchaser on or before lhe next-occuning August l. As provided 7 illlilr.rlIT,liltjtîll'f l',.lltîl'lt\Ërirl'[LF$iiiltIt[Illll Raeeotlon$: 86831OägtÌùn¡s oi' f7: ts P¡t Jcrn Albcrlco ã-åi-i!-ñãc-Fòriì ó0. ob Doè-Fâe ; o. oo GnRF¡ELD couNTY c0 in subparagraph 3.e abovc, upon the issuance of a certificate of occupancy for any Affordable Housíág Unk-required to be constructed on r lot identified on the Final Plat, the County shall, wirhin ten (10) busincss days of receipt of Owner's ïVritten Request for Pa¡1ial Release of Security, rclease the Security attributable to such Affordable Housing Unit, including the ten percent (107o) contingency amount attributable thereto. ln the event Owner completes construction o[, and receives certificates of occupancy for, all of the market rate uníæ withín the Final Plat prior ro completion of construction of the Affordable Housing Units required to be constructed as part of such Finnl Plat, the BOCC ma¡ but shall not be required to, withdraw and ernploy from the Security such funds as may be necessary to construct the Affordable Units in accordance with the requircments of th¡s SIA and the Affordable Housing Agreement, up to the remaining face arnount of the Security. 6. WATER SUITPLY AND WASTE\ryATER COLLECTION. As stated in paragraph 15, below, prior to issuance by the BOCC of any cert¡ficåtes of occupancy for any residences or olher habitable slructures construcled rvithin the Subdivision, Orwter shall install, connect and make operable a water supply End distribution system for potalrle water, non-potable inigation water and a wastewaterlsewer colleetion system in accordance with approved plans and specifications. All easements and righs-oÊway necessary for installation, operat¡onr service and maintenance of such water supply and distribution system(s) and wastewater collection system shsll be as shown on thë Final Plat. Orvner shall deposit with thc Carfield County Clerk and Recorder executed originals of the instruments of conveyance for easements spPurtenant to lhe water and wastewater system(s), for recordatíon following recording of the Final Plat and this SIA. All f¡cilities and equipment contained within th€ water supply and wastewater collection sysrem(s) shall be transfened by Owner to the Special District(s) by bill of sale. ff a third party tvster or sewer service ent¡ty requires waranty of the system(s), Owner shall provide proof to the BOCC that such wananty is ín effect and, if ncccssary, hâs been assigned. 7.. PUBLIC ROADS. All roads within the Subdivision shall be dedicated by the Owner to the public as public rights-of-way and shall be accepted by the BOCC, on behalf of the public, ûn the face of the Final Plat. The POA shall be solely responsible for the maintenance, repair and upkeep of saíd rights-of-way, including the traveled surface of the roadways and portions ofthc rights-of-way outside of the travsled surface. Thc BOCC shall not bc obligatcd to maintain any road rights-of-way within the Subdivision' L PUBLIC UTILITY RIGHTS-OF-IVAY. Whetheror not utility easements e¡dst elsewhere in the Subdivision, all road rights-of-way within the Subdivision sh¡ll contain rights- oÊway for inst¡llation and maintenance of utilitics. Public utility easÊmËnts shall be dedicated by the Orvner to the public utilities on the face of the Final Plat, subject to the Garfield Counly Road and Right-oÊWay Use Regulations, recorded as Reception No. 643477, in the records of the Garfield County Clerk and Recorder, as arnended. The POA shall be solely responsible for the m¡intenance, repair and upkeep of said public utilily easements, unless olherwise agreed to with the public utility company(ies). The BOCC shall not be obligated for the tnaintenance, repair and upkeep of any utility eåsement within lhe Subdivision. ln the event a utilily company, whether publicly or privately owned, requires conveyancc of the easeinents dedicated on the fase of the Final Plat by sÈparate document, Owner shall execute and record the rcquired conveyance documents. I f il f¡r.r I'l[ t tll lllhl$ r:¿i [U¡.' I l,ll' ßll'll lrt ll] { llili hl' ll ll I Receotlonü: 868310 oçrrù12o19 O3: l7: 16 Ptl Je¡n Êlberlco ã-ó7-?3-ñ'ıc Feci¡0.00 Doc Fas o.00 GÊRFIELO c0uNlY C0 g. coNvEYANCE OF OPDN SPACE. The common open space parcel(s) identified on the Final Ptat shall be conveyed by Owner to the POA ¡t the ¡ime of Final Plat Approval or as agreed to between the owner and the POA. Owner shall deposit with the Garfìeld Coúnty Clerk and Recorder executed original(s) of the instrument(s) of conveyance for recordation folfowing recording of the Final Plat and this SIA. lf not conveyed at the tirne of recording of the Fínal Plat, Owner shall execute and deliver into escrow document(s) conveying the cotnmon oppn space parcel(s), easement(s), greenbelt(s), park(s), shown on the Final Plat to the POA. The documents shall be deposited pursuant to the escrow sgreementr to be executed by the owner, the Bocc and escrow agent ("Escrow Agreement"). Owner shall deliver to the BOCC a copy of the fully executed and recorded Essrow Agreement within a rensonable time following execution of this SlA. The special instructions of the Escmw Agreement shall provide: i. the Escrow Agent shall hold the conveyance documents until the earlier of, a) receipt of a rvritten notice signed only by Ou¿ner notiSing escrow ¿genr that the work required of the Orvner in this SIA has been completed and approved as complete by tlre BOCC; or b) receipt of a written notice signed only by the BOCC stating that Owner lras failed to cornply with the terms and conditions of this SIA; or c) the Completion Date for Subdivision lmprovements, specifîed in paragraph 2, above, or as exlended in accordance rvith paragraph 2 of this SIA; and ¡i. upon the f¡rsl to occur ofthe foregoing events, the escrow agent shatl cause the conveyance documents tCI be recorded in the records of the Garfield County Clerk and Recorder. 10. INDEMNITY. The Owner shall indemnify and hold tlre BOCC hsrmless nnd defend the BOCC from all claims whích may arise as a resutt of the Owner's installation of the Subdivision lmprovements and any otlrcr tgreement or obligation of Owner, relatcd to development of the Subdivision, reguired pursuânt to this SIA. The Owner, however, does not indemniff the BOCC for claims made asserting that the standards imposed by the BOCC nre improper or the cause of the injury asserted, or from claims whigh may arise fì'om the negligent acts or omissions of the BOCC or íts employees. Tte BOCC shall notify the Owner of receipt by the BOCC of a notice of claim or a nolice of intent to sue, and the BOCC shall afford the Owner the option of defending any such slaim or action. Failure to noti$ and provide such written option to the Owner shall extinguish the BOCC's rights under this paragraph. Nothing in this paragraph shall be construed to constitute a waiver of governmen¡al immunity granted to the BOCC by Colorado stetutes and case law. ¡ l. ROAD IMPACT FEE. Owner has completed as part of Phase I and Il of the PUD off-si¡e traffic improvemenls based on full build out including this Phase lll which ftlly oflser snd cxceed any Road Impact Fees which would olhenuise be applicable pursuant 10 the LUDC. Total completed improvcments are $1.9 million, attached as Exhibit G is an engineer's verification. Attached as Exhibit Il are worksheets showing Phase III and full development road impact fees, demonstrating that offsite improvements fully offset all fees. ç f il il,tillltlË{l'Fl}l nf lIfÈLü,1'lÉllljtlhl}lllli hù tl ll I Receptlonä:868310ogtz¿t2Ûls 03:17.'15 Þll Joan ßlbarlceló'ãI'?ã'ñaã-Éñ ið.bı oðo Foàìti.0ó GnRFIELD coutÛrY co 12. BREACfl OR IIEFAI"ILT OF OIVNER. A "breach" or "default" by Orvner under this SIA shatl be defîned as Owner's failure to fulfill or perform any material obligation of Owner contained in this SlA. tn the event of a breach or default by Owner under ¡his S[4, tlte County shall detîver written notice to Owner of such default, at the address spccified in paragraph 2l below, and Owner shall have sîxty (60) days from and after receipt of such notice to cure such default. lf such default is not of a type that can be cured within such 60-day period and Owner gives wrïtten notíce to the County within such 60-day period that it is actively and diligently pursuing such cure, Owner shall have a reasonable period of time given the nature of the default following the end of such 60-day period to cure such default, provided thst Orvner is at all times within such additíonal time period actively and diligently pursuing such cure. ¡3. BRtrACA OR DEFAULT OF COUNTy. A "breach" or "defaultn' by the County under this SIA shall be defìned as úe County's failure to fhlfill or perform any mÂterial obligarion of the County contained in this SIA. ln the event of a breach or default by the County under this StA, Orvner shall have the right to pursue any admínistrative, legal, or equitable remedy to which it may by entitled. 14. FEES fN LIEU OF DEIIICATION Of SCHOOL LAND. Ownershall make a cash deposir in tieu of dedicating land to the Roaring Fork School District RE-|, calculated in acco¡dance with thc LUDC and the requirernonts of state lâw. The Owner and the BOCC acknowledge and agree that the cash in lieu payment for the Subdivision is cslculated as follows forthe RE-l School District: Unimproved pËr acre market vslue of land, bascd upon an appraisal submitted to the BOCC bY Owner, i.e. $!!!!!Q!! and Land dedication standard: $ single-family dwelling units x 0.020 acres, equals 0.? acres. The Owner, therefore, shall pay to the Garfield Counry Treasurer, at or prior to the time of recording of the Final Plat, thirty-six thousand seven hundrcd eighty fivc dollars and sevenþr cents (36,?85.70) as a payment in lieu of dedication of land lo the Roaring Fork School District. Said fee shall be tr¡nsferred by the BOCC to the school district in accordance with the provisions of $30-?8-133, C.R.S., as amended, and the LUDC. Thc Orvner agrees that ¡t ís obligated to psy lhe above-staled fee, nccepts suclt obligations, and waives any claim that Owner is not required to pay the cash in lieu of land dedication fee. The Owner ôgrees that Orvner will not claìm, nor is Owner entitlËd to claim, subsequent to recording of the Find Plat, a re imbursement of tlte fee in lieu of land dedicstion to the Roaring Fork School District. 15. FIRE IMP.ACT FEE. The FirË Impact Fee is $730.09 per unit. The Owner, therefore, shall pay to the Cnrbondale Fire Protection District, at or prior to the time of recording of the Final Plal, hvcnty-five thoussnd five hundrcd fifty dollnrs (525'550.00). 16. SALE OF LOTS. No lots, tracts, or parcels within the Subdivision may be sepûrately conveyed prior to recording of the Final Plat in the records of the Carfield County Clerk and Recorder, t0 llll lllþffif E ruf'ülHlr,l'ttl¡tl ¡, I gt i hl[i{l'l t$ld, ] ll I i""'"f??iá l*þ; g'iË i fu o*'p"3 l B:6å"Ennr ¡ e,¡ cou'ly co 17. BUILDING PËRMITS AND CERTIFICATES OF OCCUPANCY. As one remedy for breach of this SlA, the BOCC may wilhhold issuance of building pcrmits for any residence or other habitable structure to be constructed within the Subdivision. Furthern no building pennit shall be issued unless the Owner de¡nonstrates to the s¿tisfaction of the Carbondale Rural Fire Protection District ("District"), if the Fire District has so required, that there is adequate wster ava¡lablc to thc construction site for the Ðistrict's puryoses and all applicnble District fees have been paid to the District, No ce¡tificates of occupancy shall issue for any habitable building or struclure, including residenceq within the Subdivision until ¡ll Subdivision lmprovements have been compleled and are operational as required by this SIA. If applicable, Owner shall provide the purchaser of a lot, prior to conveyance of the lol, a signed copy of a form in substantially the same form as that attached to and incorporated herein by relerence as Exhibit F, concerning the restrictions upon issuance of building pennits and cert¡ficates of occupancy detailed in this SlA. 18. CONSENT TO VACATE PLAT. ln the event the Owner fails to comply with rhe terms of this SlA, the BOCC shall have the ability to vacate the Final PlEt as ¡t perta¡ns to any lots forwhich building permits have not been issued. As to lots forwhich building permits have been issued, the Plat shall not be vacated and shall nemain valid. In such event, the Owner shall provide the BOCC a plat, suitable for recording, showing the location by surveyed legal description of any portion of the Final Pl¡t so vacated by action of the BOCC. If sucl¡ a Plat is not signed by the BOCC and recorded, or if such Plat is not provided by the Owner, the BOCC may vacate the Final Plat, or portions thereof, by resolution. 19. ENFORCBMENT. ln addition to any rights provided by Colorado stetute, the withholding of building permits and celifieates of occupancy, provided for in paragraph 16, above, the provisions for release of Security, detailed in prragraph 3, above, and the provisions for plat vacalion, detailed in paragraph 17, above, it is mutually agreed by the BOCC and the Owner, that the BOCC, without rnaking an election of remedies, and any purchæer of any lot rvithin the Subdivision shall have the authority to bring an aetion in the Carfield County District Court to compel enforcement of this SIA. Nothíng in this SlA, however, shall be interpreted to require the BOCC to bring an action for enforcement or to withhold permits or certificates or to withdraw unused Security or to vacate the Final PIat or a portion thereofi, nor shall this paragraph or any other provision of this SIA be interpreted to pennit the purchaser of a lot to file an åct¡on against the BOCC. 2A. NOTICE BY RECORDATION. ïris SIA shall be recorded in the Oflice oFthe Carfïeld County Clerk and Recorder and shall be a covenant running with title lo ¿ll lots, lracts and parcels within the Subdivision. Such recording shall conslitute notice to prospective purchasers and other interested persons as to the terms and provisions of this SIA. 21, SUCCESSORS AND ASSIGNS. The obligations and rights contained herein shall be binding upon and inure to the benefit of the successors and assígns of the Owner and the BOCC. 22. CONTRACT ADMINISTRATION AND NOTICE PROVISIONS. The reprcsentatives of the Owner and the BOCC, identified below, are authorized as contract adminisbators and notice recipients. Notices required or permitted by this SIA shall be in l¡ llll 1ll hilÞlli T'l¡Ill llt¡ilt iJ þ['rH {Fi t lt''¡tl ltl f tr'I il l¡ I Roee¡tlonü; 8583fO i.!':'É??gH!å¡* : l8 tB o*'p'! l8:6å'tanp¡e'o cou¡ÍTY c0 writing and shall be effective upon tlre date of delivery, or sttempted delivery if delivery is rclused. Delivery shall be made in person, by cenified return receipt requested U.S. Mail, receipted delivery service, or facsímile transmission, addressed to the ¡uthorized representat¡ves olthe BOCC and the Owner at fhe address or facsimile nulnber set forth below: Owner: Blue Heron ProPerties, LLC Attn: James W. Light or John Young 430 lronbridge Drive Glenwood Springs, CO 8160¡ Phone: 970-384-0630 Fax: 97û-384-0634 #copy to:KarlJ. Hanlon Karp Neu Hanlonn PC P.O. Box 2030 Glenwood Springs, CO 81602 Phone¡ 970-9454261 Fax: 970-945-7336 BOCC:Garfreld County Board of County Commissioners Ann : Community Development Director | 08 Eighth Street, Suite 401 Glenwood Springs, Colorado 81601 Phone: (970) 945-8212 Fax: (970) 384-3470 23. AMENDMENT AND SUBSTITUTION Or SECURITY. Tlris SIA rnay be modifîed, but only in writing signed by the Parties hereto, as their interesls then appear. Any such amendment, including, by way of example, extension of the Completion Date, substïtution of the lorm of securit¡ orapproval of a change in the idcntiry of the security providerlissuer, shall be considered by the BOCC at a scheduled public meeling. Before any extens¡on of Completion Date is considered, Owner shall certify that all taxes and assessments on the real property subject to the SIA are paid in full. lf such an amendment includes a change in the identity of the provider/issuer of security, due to I conveyance of the Subdivision by the Owner to a successor in interest, Owner shall provide a copy of the recorded assignment document(s) to the BOCC, along with tl,e original security instrument. Notwilhstanding the forcgoing, tlre Parties may change the identification of notice recipients and contract administrators and the contact information provided in paragraph 21, above, ín accordance with the provîsions of that paragraph and rvithout formal amendment of this SIA and without consideration at a BOCC meeting. 24, COUNTDRPARTS. This SIA may be exeeuted in counterpaß, each of which shalt be deemed an original, and all of which, when taken together, shall be deemed one and the same instrurnent. l2 ¡llllllrrll¡lïElf llll¡Fl,l11¡[,f û]flJh¡!'hïffi rÏt[','],lllll Receptlon$: 868310a9¡2Ìt2Û1Ê O3¡l7r!5 Plf Je¡n Êlborloo13 ol ?3 Rac Feer50,0O Doc Fee;o,O0 GRRF¡ELO C0u¡{l.0 ZS. VENUE AND JURISDICT¡ON. 'Venue and jurisdiction for any cause aris¡ng ourof or rclared to thís SIA shall lie with the District Cou¡t of Garfield County, Colorado, and this SIA shall be construed according to thc laws ofthe State of Colorado. IN WITNESS WHEREOF, the Pailies have signed this SIA to be effective upon the dale of Final Plat Approval for the Subdivision. BOARD OF COMMISSIONERS ATTEST:OF GAR , COLORADO ¿-t- fTl By: to the Board Date:- eÒtf LUE HERON ,A DO LIMITED LIABILITY COMPANY ßy its Manager, CLM Blue Heron, LLC, a Colorado limitcd Iiability company By: J ght, its STATEOFCOLORAÐO ) corrNTY oF .ARF¡ELD ìtt' Tlre foregoing insrrument was acknowledged before me this |$"y of 2015, by Blue l{eron Properties, LLC by its Manager, CLM Blue Heron, LLC, James W. Light, its Manager, WIïNESS my hand and officialseal. My commission expires: a ,SEAT I3 ffir[Íill l]lJflil"trilttt¡1il'1lú ll ll I åf ,¡:t*lB:ãå'tor*ero cou'rY to Exhibit List Exhíbit A - Subdivision Improvement Plans - "Approved lor Construction" Exhibit B - Engineer's Estimate of Cost of lmprovements Exhibit C - Security- Escrow Agreement Exhibit D - Written Request for Pa¡tial Release of Security Form Exhibit E - Written Request for Final Release of Security Form Exhibit F -Notice to lot owner regarding SIA completion Exhïbit G - Engineer's verification of completed improvements Exhibit H - Road lmpact Fee Calculation Worksheet l4 Flllctf l¡/PÊOvErÆúrEFPÉt: ¡UEl Aerìft WAY RC¡AE, PllN üc ?ÊOFI-ErFrElA- ä.I.lE I{EËIN DãIJÉ FL¡¡ìI a,¡d PROFT€FP,ffi'Ë n¡¡Eã ær@w^YRr'AÞ FLAt¡ ônc PnoFC.EFFÞ¡T- ftYEI AEilÊ' IVAY i('AE' FI.Á¡I ¡fTI PÊOFq.EPF¡Clt- flER EE|IE¡ rVÂY þ Þ Pt¡¡i¡ a,ìd PnOF¡-ÊFP¡EXI- Let*Ogl{ADOlll LAÀC ñ-All ¡n l PRC)FLt?tp62.- ÉÞ &t FF CqCLE pt-AN und PFOF!-uu!Éar¡rc- ovERruJ- UAEIEF UllulY¡¡Ut- I¡AEIER UÍUTY PL¡Nl¡u¿- l¡At3lEa UTLITY Ftr¡tllljs!- l¡AgilEñ UTUTY Pl¡NFNAL FUNS FORPTIASÊ E. 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ItJc. E t f il ilrr ¡Tt[ li r' ! ilÏ.fil{ lf¡l HH, ül ¡TllÏ¡l ¡rlfttl'l, I I I I I äi,,iiFåd''*iå¡!í,.'¡i'åro#?"!lã:6å'te¡r¡euocou'Tyco I I t \\\I I \\ L\ II I ,l cr tÌ ì 9r 0¡9l IE I I I I -..L ! I û ¡! I ä Ttrzø l\) ÞtÞ fi¡n ETtr i r¡rl it III I¡ ¡¡ g I!¡"[u! I ¡ ¡ Nil I¡: I i rllllllllr t']rililllilliilli iiiilliililliHir!! dtaoa ¡.trlrll II I rattHcoutlrtÍ ßl{o6¡EËRNq lHc.DrrItEßñlal.¡ffir¡l+oaltl 'Ë¡Ûñ.8ñNïNTJF¡¡CAN¡ .||@æqru ÃIrdEÚP¡¡.q ¡Iil¡rE.rìãl ¡oflrl'ta¡t rE lll I ilrr ]lfif 5'gtHï, llf lltl IÍ üil l¡'t¡ H Í 11 T)tl I lt ËTl, ll I I I Reccotion$: 88831ø øetzy'.t2ols o3:1?:15 PÍl Jo¡n ßlbe¡tcqãı-ãî'7ã-ñsı-Fååiio.0o Doo FßB:o.00 GâRFIELD GoUNTY c0 AV gF -n Ëz.o -¡9 ( ¿T I I I t 61, I9 I Í gI , I II e9 ôtII 0e I t_ It t æ IarÀn 8 Ð{nluo ( t9 a I I I ,, tÞ l- I I II ß I IH '7' , 2¿/ s¿ )I/ {. IT IE il¡ lli liilll$lflliili I I ¡ I oo aa¡¡l¡fl¡r I il lr Itilllilil t tII NI ltffi t, , I/ itfI.// i I, / i / ';lti II ¡¡ ü i¡ll¡il ¡r ¡ /lt 5 úI II F t Ê Ê å Ë Ht6H GOUI{Î¡r EíËlillgRlllc, l¡lc.ra¡ruawtlSt¡'.cffirtùaaFaltl¡Úæsd.r[otga Írirvt lltlt effi lt lr aûr.dþñaq@ó.Úd,q A HE!4ll¡,D. al -.dlIl'tlßl EüÈ,wr.ru \ I F ' Illl ilrr Efr ltfl' lll ì', fËr,t ll r¡l¡H rû I J ftll''lf F¡lì [.T¡ t'l{1 ¡l ll I ReceptionH: A6A¡!10 åìrBi+lç"gu¡ll : å8. ffi oJ:"F"ll8:5å'Ennr¡E'o cour'¡rY co ã! iiiifrilltriiiíl|l iiiËll úo a a ¡ttrdrl ï lililtll NI IIiiiit l,/.,.' .. ta ?órl E Ê Iit I ¡I s¡ ¡ I¡ l. It II ¡ F Ë i .n Ez ç, 9¿ "-"--$oj t E 9¿ {tñs l;¿ t s9 ¿s , II , ¡ !¡ I I É I =o (trftü B 3 (t ilt I Hft (t, mT I, J nl s! 0g I r0t ¡9 I I t, tldR eouilttr gl{olNl;Rlt¡6r lNê.rarruffißtal,.ruæÓ¡l¡lHıþrqB¡taoiÞ lvlvfLmHo.Go{ t E it II i-.rdæE@ffi.æ ^rffiûrP¡¡9, !-¡rrÉt.Bl EttÉdÈ¡¡, r llll fllUftlllf fIHlllït{ltfl!,8¡lt'lllfIillütlltl't ll ll I ReceptlonË:868310 8ãr 3?-¡?gtF.gå;* ; lt EB oi3"F.! lBi6å"Ennr¡E,-o cou'îy c0 rl. I I t I I a ¡ I I I I I.--_J I 1 gI ri il .r !tI :r ¡l þ H]ôn corrrçtlRY ENOltlgE¡lxar lt¡c, lrtq'd^trußlDltffi¡ümÞ¡tÔ¡¡ffiilqc.t{ñtÉiûìlvttlFllqF¡ llll ll[rilf f,fl ilt lT¡l nll lllll'fi lHl l[lt¡ l]ll'ttù ll ll I Rec¡otlonfl: 868310 3t t?1, ?3'F;3';13 : lE, tË oiÊ"Ê"llB:tå"tanp ¡ ero cour{ry o0 lllcl{ coUHlRf E¡.loNEnlrC. lxc.tatt¡daturñrar¡.sffi3trr¡l 'Éaañm.t[ffi9ffiT t¿{tlgl¡rËt'læ¡¡trD ¡i¡æ. it ¡l mt fril nlt Eil uil nil ¡1ll liltrHilf'4¡ftlÏRaceotlonË: 86831 ltr31'#'F":'¿ll:13 lH{ lfilll htÍ¡l l1¡l( f¡ll Sll'¡ltttl, rl ll ! o tü oiË'P"31ã16å'tanp'rero c'uNTv co I I I I )v ( I t I a E C, lolalllz tilÉ l*ls lñla tËlE to lñ EEE I I¡? ,I $ 1 ¿ë , c l. I ô l¡ ð 2 H l ¡ t t¡ra aa ¡r IE I E i¡ ¡l tmttf laÍl¡ Hf EH CôU¡{IRT ENBIHEER¡ilC, INg r¡3rsr.@n tltaffiFËAFtllrñsf,oFF..rê9üdgffi,rcflogl taü¡!.tô, t,I\\I\t,\wEsTolrTF trSTORM SBN'ER PI¡N. 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Fr!ìÉ!ËEt&g¡rt -Éffiuffi*æ-EÉalÙ- ñFËt¡æF rartÉEdaa adEFaa-l_ --d5r{ñÐ ffiI t T¡E¡t¡blorË¡þd8¡.itglt tt¡rl |---o=:qF2EA€erË=El+ 3u== i8ÊEi=- GoË grlt3B!¿ı=oEgËË+q*öì$t{8ag ı5¡EÞ{oú-r?!F= F.Nãf;iÈaIRONBRIDGE P.U.D.AS.BUILT SANITARYSEWER PI-AN AND PROFILË SHEETS)EAS-BU[LTD'ñh9 F..l.ß ¡rt@%ffi-<4æ¡=r. 4r- -F Kdúñ *{GrËÊ¡{yE c¡ø r.4ÈdBr4ESeqqâE-|ì4¡.W.¡EñffiEgXæEl{sr8{ErDt f*W|€ñffiffisüiætå+ít.EltltÉ¡PRoJECT D$A:@EWÈrldra,æaúû16etæu¡.øEEatlem¡ìtÊtÈnæË¡:l¡aaatan&¡¡2ù&2I4l¡æggriltrgEffi¡¡5æL4Ë¡æ¡.8üamaIÞDlÞÉræt@f ¡o¡sðI¡EtaEætrÈÉ.þ!{4G*¡EÞ9ls$liEHltt¡!i|t¡It¡tt!8ü$rÊlt¡il'i¡EiEi¡ùtatE f |ll ilrr¡llt¡li üil![ lHf Eil ll¡llHl ll",ilfh1 ¡ Tjlt,t"], f l I I &"äf åå.''*i'¿¡¡'ffi I år oi:'p"! lB:¡å't¡nr ¡ e,-o cou'ry c0 t¡¡á ¡ I so ¡|Ðt $I, ¡ ôa! fl¡ at F ñt o lì¡üa¡ ÀtòoÞ6.l Nùu n¡Ðo âlroo ıai I t I I ol -üüF I Àtgr\ ) ., 't ) N{ ll's s( o Ë F Èt o ?, ?e I[E tiË t I II I iflE ¡fit Ël¡l tI i .1 , t -! I @# {Ë* ** I tI I I ï t åËläË iH añ! ¿l I I I -gt-cr¡¡HcaaÉF.&rEr¡!ÉËÉúÐñEñl¡É@o¡rrlffiÐñmFE '-.ëa!*¡l!¡ÈråËE[æñ''ût ltiì¡t f il ilþmf f nm HL [4lL l¡tlt¡l{Hll TN llff Iïl' Il ll I ÃeceoflonËl 868310 Ogl2¿.¡2O15 O3¡17¡tS Pll Jean âlborlço 5E ı¡ tã ñco Èeeiiû.o0 Dóo Foaro 00 GãRF¡ELD Gou¡lTY c0 r¡ 6{ ) t B ì)\ t tI 66 tÁE f ¡ I I I ìJ t I J óð¡ t É¡It)I ! t. .'ðtaÅ l- ð ¡o t I J '1 I t t -t l.l IilrJtI¡¡a 3¡le1 1 I l--ili -!- | I '----Í,--.-*i I -.... - ,--t- -J.tl :: sßE ;r lHill: ;!F I t- -|- '* - it !' qro ,,ffu ,*t l - __J Nlu \ @iæ l@ ,iiHF-E rliF ¡b P I \ I aE .t I qå. _L. qii¡ :¡Ël iHt ¡iri til;o;i. {, -L--.-. f- I -j -t I .i ¡ 1 !3 ,F \ \ \ NIJ ¡ I t \ '.1- ì ü G<tÞ -tåtlE¡?-raÉñGErr-GOÍtla -.-.gt¡ã.g¡.¡r4.ßilralwãroal+d-ñ.*tadø.Êã ! I ¡ .l¡tiol¡:¡tr lmtrat -É{r€ffit =-ËE =l>EZÐ8 =*.¿. -üt t! -rËE_ 0(,Éo{=Q ã9? =- rrqÊ!; LÉo =.=.8-Ã;¡âOãli-*e #öF.EqJr ., -E =+og+åËËt frN; :-qôo¡ IEoto I RONßNDG E 8 ¿¡BT'I VT STON .PHTISE 3- FILTNG I Hlgh Country Englneerlng, Inc. SUI\{MARYOFFIL'NO II Exhibil B ¡. and c,Y,s.50 ¡to5,0llo,oo c.Y s5.00 S,Y Sttg s.r,sr.95 st02,070.00 C,Y !tÍ,00 s.il,650fx)9¡0 s?t.o00.01)3,000 LF.s25.00 ü Eôch f300.00 st.ff10.00I SF,s2.û0 s20.E00.00¡0100 $0ó,Ðlt0o Itot uttlc t to¡êt - ÞfEÊ¡¡ilft rËt-üd'.rúrnchlißóltdfi fi í¡t5.- fg{r.00 t1 t0.700.00 5r.750,00 ¡t t,000,00 I | "?304 Ercl¡s500.{x)s'tx!.00 s 13.000.00tErshs6,J00.00 Il0.üç.o0E¡ch s¡,5{,0.00 z E¡ch 3¿200.00 S¡|J00.0{, E!cù 5¿t0ttx,sl'zm.00 $¡æ.00Eâch5tJ00.00 sl?¡,000,00 .9ørur u¡d fó0.00 584.000.00LF. Eâth 14.E0o.0D Í]t.400.00 i' srifi:liSor;cr Piocr¡.'.....È.r.r..-..r. ¡l'Di¡. M¡¡holc s,ofxt.00 ,...,-.-....!:199.¡ Ilo J?4J00.fxl22 st.t9t6txLoo filoønSørsvr attùSnrtace úruìu S¡stent 175 a¡5.0{,LJ. 9¡clr s300.00tr ^D5 l¡¡cd E¡d ScctiEn ¡1,6{¡0.üI 5ß,lz5,0o s100.00"'-"fï:ãóı.bi't €¡c¡¡ 2 ErÊ$53,000.00 5ú,0e.00 L.F. s7,500.002,500 L.F.s,.00 LF.5{ ro st 1,250.00rJ00 s¡475|100 hnhrrl¿fl {uîsrtn ctart út 57:tl,295.00Tool lrorrtlcd lnfirctr¡!tutË PtiEÊ Ë3lûürlG It"tøsrg¡t¡rd"tfofp¡*lftultfn¡¡¡iCs¡r¡n¡¡c¿toGsliddCruryfs,tgtDìala Priciqltb¡cdolÍollll¡¡u¡liolJFiE¡¡fmc¡llrfoict tn ú. rd¡.t ü|rt ¡r rrÞÍr¡¡¡¡E 0t!r ûrit tÊotc Ì¡o p6jr(l¡ of ùir ¡açêlü! ùcsr aür9tãld 3 of rsrll¡ rn (blidrt Cou,t¡' llirir or c*imtoly. lofl f il fl rrt$lFJ,'lt l'i !l*t l¡'T¡ll JJ' l'il llH{f f jl'll3Ïr b[ I I ll I åft"?qåHi+ffiiglfl¡oJ3"p.llB:Eå'Ee,¡reuocou¡¡Tyc0 EscrowAgreemenú Dats EscrowNu¡lbæ Closc'n 11c undersigncd dcposit witb Lssd Tittç Guar¡qtee Compaly, a Colorado Corporuioq as Escmw Holder (thp "Ëscrow Holder")' the itcms sct foih in Sehcrtulc.! to bc hetd by Ercrow Holder nibjcct to thc terms ofthis Escrow,{greemen! tbc Gcncral P¡ovisíons to rhe EscrowÂgrccgesr Êúd the Special tnstuctions in Schednlc B (collectively, tbe'Escmw'{greemeaf). El nn casþ depositr nurt bo accómpanied by a Fonn tlt.9 R¡guæ! for Taxpaya ldentiEcstion Numbff. "Schedttle,4i' [Ðeposits) from "Scbedule B" (Special lnstrtctioas) ' il Specie¡ Ins&uctiot No. I (RÊPairs)¿.tachÊd I Spcciat Iusructios No. la (Conpletíon) Atlacbed I Special hsuuctioo No. 2 (I*odø Complotion Insrlctiou) Auacbcd fJ iipcc¡al l¡s!ructiø No. 3 (Indeonity Agecmcnt - Cåsh Dçosit) ,{nached I SpcU* fost*"tio¡ No. 4 (Depository Instuctioas) i{uaebed ! Specidlosbuction No. 5 (FJIJ.T.À) I Spccial Instructio¡No. 6 (Rcsslutioq ofMiscrllæeoru Issuns) Sl el a*re (See attacbed E:<hibit "À") The parúcs'to tbe ËscrowAgrceucnÇ by tbcir sipaturcbelow, acloowledge and rgree that they havorea4 and'wiil bc bound by thc *oã* ¡fg"*tcnl i¡clurtiù r¡e 6eueral Provisions to ùe Escrorv.{greemcu! and ttre Speeïal l¡structious in Schedule B' Euycr/Borrower(s): (itappticable) Seller{s): {ifapplicablc) Exhibit C Form 13575 '7?¡ær3 caspceiastodt 1228913731 Add¡æs: By Fhonc #: Fa:r #; Emsil: Conhct Leuder: (Ifopplicnblc) Àddress: Pftore #: Co¡iact: Âuy oorrcçondcncc rcgarcling this cacrow sball be addressed to: Land Title Gu¡ranlee ComPauY 59?5 Greenwood Plsz¿ Bh'd. Greenn'ood Vilhße Colorado tOtIl Âttni Escrou' Coordin¿ttl r Pho¡e: 303-321-1880 Fsr: 303-399-8193 Phone *: Fa¡r #: Em¡il: Cont¡cÈ Escrow Fces to be ¡s Follotvs: (a) Set up fcc: (b) Misccllaacous: -..,,-_-*- No.¡e: Àfier the issuancc of four (4) checks, a fcc of $10.00 per check will be made for each additional check. Receipt oftlte Escrow Deposit and acccpunce ofthc Eserqw Ägreement hereby aclsrowlcdged by: Lsnd Title Guûrsntee Company - Escrow lìoldcr By: I J irll f 'Hi!¡ll!.r,ft1, ll ll I J€en Êlb.r¡co Doc Foai0.ô0 GâRFIELD COu¡tTY C0 Formt35?5 l2ll0¡3 cl.spec.instodt tr189¡r?31 '!$:iiaHiJ#T#:iffi ;i::::ïr'rI t" Land Title Guarnntee ComPauY Gcneral Provisious 1o the Escrorv A.grccmcnt Inltlals Inili¡ls Notices. Àny ooA..r required or permiÉed to be given under rhe Escrow Agrccrncnr sball have been dec¡¡ed to bave been served: i. one úusiness åay afrcrthenodce hha¡d delivered rvith prcofofreceþtbytheaddrcsses' or li. one business day a$er transmission by facsimilc cvidencing colfirmation of receipt by the receiving focsinile machíne, or ¡¡i one busíscss day afier transmission by email cvidcncing codirmatiou of reccipt by the receiving email address. or rr. if rcputable ovrrnight courier (such æ Uuited Parcel Service or Fcdenl Express) is used, on thc irumediaæly followingbusiness day after aotice is sent for overnigbt dclivcry or r.. íf tbc Uùted Sra¡es tt¿ai¡ ls used, on rhe third busi¡ess day aÊcr thc notice is deposiled in dre Unitcd St¡tes Mril, posage prePaid; providcd iti "u"¡-rÅ. iuch notice is sddressed to ùe panies at the addresses givcn on the ñrst page of this Escmw Agrcernent' Relionce oo Notlce.gu** Holder may act in reliance upon any writing or iostnrurent or sigratrue which Escrorv Holdeç in good fbith, bclieves to be gcnuine, and mã¡'assume the validity and accuracy of any statement or a.ssertion contalnod in such arvriting or ìnstntncnl uoırory "r*,oe that any person purportirrg ro give any rvriling, noticc, advice or instruction in connection witb the provisions hereofhas bcen duly authorized so to do' Laws Relating to [Jnclaiocd Funds. SeLler snd Buftr are bereby advïsed tl¡at uoclaimcd fuads may bc payablc to thc Statê ât some fi,¡h¡re dale pl¡lsunnt to uoclaimeil prãp"rty laws, and should Escrow Holder pay any such ftrods letd in lhe Escrou' Dcposit, Escrorv Holtler shall be rclease ftom aù figthcr rcsponsitrilíty under rhc Esøow.Agrcement rnd shall not bo liable to åny Paly 5o long u such paymett was made pursuant to applicablc law. Escron, Dcporit and tntàrest E¡rncd on Escro¡v Deposit - .-r. Upoa receipt of tvritten di¡ecrion of tbe paties along with a completed \[*9 any money cornprising the Esc¡orv Deposit rsill be iüvested i¡ ao inlerest bearing accouttl h Doposits of $100,000.00 or mor€ nay be directed by tbe parties h.fto_!o other t¡çes of iBvßstments' or lhe Escmrv Holder m¡y invcst ttre Escrow Deposit h Repurchasc Agrecnrcnts for U.S. Treasury obligations or other Fedenl agency issued securides. * fr.ro" Holdcr shall not be responsiblc for maximizing the yield on tbe Escrorv Deposit. Under no circumstances shall Escrow Holder be liable for lois of fi¡nds due to l¡Enk or othcr lnstiurtíon failure, including employees or agenls th€rcof, suspension or c€ssatioo of business, or any rctioa or inae$on on thc part oflhe baok or otlter institutio& or any delivery service transponing lìrnds ro and from the instin¡tion. d, Àll parties bårcto Jra[ cxecute and delivcr to Escrow Holder all fomtr required by fcdenl, sraæ or-olher govemm€dtÂl rycncics relarive to taimtíon ¡rs¡tÊrs and Escrow Hoklerwill filc appropriaæ 1099 or olhcr rcquircd forms. Fees aud Erpenses of Escrow llolde¡: !. Thc E;row Holder shall be entitlcd to rcimbursement in full, or may demand payrcnt ia advancg for all costs' G¡ipenses, charges, fees or other paymatts made or to be rnade by Essrow llolder in tbe pcrlormance of Essrorv lloldet's dutics and obligations undcr thc Escrow Ágrecmenl. b. The parties ro rie Escron'.A,greerrcnt are jointty andseveralþ liable for the payment to Esorowflolderof all fees asd .xp*ns"s, Esctorv Holder iJtrcrcby autboriz¿d ¡od di¡ectcd to reimbune to iself ìn paymclt of fccs or expcn¡es 8om "ny n nOr in tl¡e Escfow Dcposlt, rvherher fron priucip¡l or l¡rteresl or both, at sny time, and Êom tíme to time, 85 tltc satne may bc due and owing. e Esc¡pw Holder is hereby authorized to rvithhold any fees or èxpenses from any disbwsernent q¡ dishibftion of Escrow Deposit to any Pa*y hçreto or to tlc cler* of the court upon interpleadcr. d. ln ihe evesl rhar rhe Esc¡orv Deposit sh¡ll consist of doc¡¡ments only andnot finds, Escrow Holdermoy rcfise to disuibrrte any such docunents or to olhen¡.ise ¡ct undcr thi¡ Agrcement until ¡ll accrued bul unpaid fees ar¡d Ëxpeoses hwe been Paid in tull. t t. 't. r¡n 135?5 l2ÍZAß co,sPec.lnstodt {1289.13231 llil f¡rrlTllF,ftilr| il { f ürl4,l'l ¡l I ffi f LÎ¡ \HItr¡ I I ll I å¡,,3.'Jåi''fliå¡li":tl'8tå¡oi3"F"3lll6å'tnnp¡r.ooou¡rryco 6. Non-liabilib'of Escrow Holden o. Esqroiv Holdcr shatl rot be liÊble for any mistakes of fbct, or cnon ofjudgnent or for aay acB or smissious of any kind unlcss caused by &e rvitlfirl misconduct orgess neglþlce ofEscrow Holder. b, Escrow Holder iball not be li¡ble for aqy ta{es, assÊssÍnènts or other govcr¡oenþl cbarges which may be lcïied or assessed upon tte Escrorv Deposit or any parl thereoÇ o-ruFotr t[c i¡eome thercÊom. s Esctow Hôder may rety upon the aÀvice of counsel and upon ilalements of accoun¡åDts, brokers or olherPentons rcæonably betiweð by it ia good faith ro be G.:tpcrt í! the martcrs upon which they arc consulled, and for aly rcasonablc ac¡ion t¿ken orsuffcred in good faith based upon such advic¿ or staterEeü8. i. lndcmnlty of Escrorv Holder. The Sellcr and Buyer jolnily and severatly, sgrcc to: r. indenrnig. Éscrow Hotder for, and hold it hanulcss againl any aud all liability incuncd by the Ëscrow Holdcr by ¡cason of thfu Escrow Agreement, on in conræctiou \r'ith Escmw Agent's performancc of i¡s dutics hereunder, cxcept for Escrow llolde/s orvn willful misconduct or gross negligence, and ll, rei¡¡bursc Escrow Holder for alt its erpenses, including, but notnccessarily limited to, åttorncysr fecs a¡d cow cosls i¡cu¡¡ed Pursuant to thís Escrorv Agrcemelt. 8. Request for Written Inrtruction¡, ¡. Escrow Holder rray Bt uu¡r ¡i¡¡r, antl fron time lo time, rcquest tbe Seller ald Buyer to provide wrinen instn¡ctio¡s coocerning lhc propricty of a proposed pa],¡nert of tt¡e Eserow Dcposif dishibution of doeum¿nti, or otber anlon or reñ¡sal to act bY Escrow Ilolder. b. Should tbc Selier ¿nd Bryer fail to providc such ryrinc¡ instruedons rvithin a rtasonablc tine, Fscrow lloldumay talic such actiorl or refi¡se þ afir ss it mãy deem oppropriaæ and shall not be liable to any¡De for such sction or refi¡sal to ast. c. Notwithstanding rhc foregoing, shoutd tl¡e ¡crms of tbe Escrorv Agretmeot bc cornplicrl rtith, in tltc jndgmcut of Escrorv Tlolder, the¡ thJEsc¡ow Hotder may disburse any ftods, disríbute documenls, or ¡ake such actiott without specific further written instructions Êon any Paly. 9. Dlsputes and Inter¡leader- n' In tÌ¡e eveot olany dispute between lbe Parties as lo eithcr law or åct, or in thc event ary of tlrc parties hcreto fail, for sny rrñso¡r, ro frrliy rcceipr and acquit ¡he Ëscrow lloldcr in rwiting Escrorv Holder may tcfitse, h its discretiou, q cïry oui said escrolv insaucdóas or to dcliver auy funds. doc'rmenlsr or Ffopert)t in iu h¡ud to atyone and io so doing shall tro¡bccon¿ liable to dcua¡d' b. Escrow Holdcr shcll be sotitled þ üontitruÊ, without liability, to rcfrain and reftue to ¡c¡: ì. rmtil all thc rights ofthe advcrse sl¡ima¡ts bavc bccn firully adjudicated by a court having jurisdiction over tbe , _ pgrties and thè items affecrsd bceby, afrcrrvhicl¡ timc the Escrorv Holder shall be endtled ro act in conformiry rvith such adjudicatíoq or ¡. strtil alidifrercnces shall haræ been adjusred by agreement and Escrow Holder sball have beeo notified thereofond shall havc bceu direcrcd in writing signed joiatly or ín countcrpart by the parties and all pcrsons making ¿dverse clsÍms or demand. at which timc E¡crow llolder shall be pro¡ected in actíng in compliance tberowith. c. Escrow Holdcr also hæ tbe rígbt to inteçtead i¡to a court of compctentjurisdiction r!tbc expensc of tl¡c P¡rtics. 10, Resignatloa of Escrorv Holdcr. ¿ Escro¡ Holder may resign uoder rhis Agreement by giving unitteo nodce 1o all of thc parties herelo, eFective 30 days aftcr thc da¡s ofsoid notíce. h Upon tbe appointruent by tbe parties of a new esc¡ow holder or euslodian, or tpon rrnitten insructiols to Esc¡ow Holder for othcr dùiosltio¡ of the Escrorv DcposiÇ Escrory Holder sha[ aficr retcntion of its acc¡ucd cscmw fecs and expcnses, if any, sball deliver tha Escrow Deposit rvitbin a rea¡osable period oftime as so di¡cctcd, a¡d stu¡ll be rtlieved of nny aad all liability hÊrÊuuder adsing tbcrcafrer. ¡t. '{ppllcable Law. ThÈ Agreemant sball be govcmcrl by thê lawt of th¿ Sute of Colorado. 12. Counterparts/Tblrd PartyBenelichries. Tbis EscrotvAgreemcnt måy bc cxccutcd in any number of counterparls, cacb ofwhich rvhen so executcd shall constitutc the enrlrs ûgrecmeñt be¡reen rl¡e Seller and Buycr- Tbe Seller a¡d Buytr acloorvledge end agrcc rhat there are not lnt¿nded or uniutcnãcd thírd party bencficia¡ies rvho may rcly upon or bencfit ñom thc provisions of lhis agreement tr, Elcctronic Signslures nnd Nofiecs' Tbe arecution of rllis EssrorvAgrecmeat, and aay oûrernoticc reguircd orpermitted undertbi¡ Eserow.Agfeement may be given and raumittcd by elecronic means (including email facsirnltc, or similar ta¡rsmission) and sball be deemed cflsctivc for all purposes. Doçuments rvith oriein¡! sigraturcs are not rcguircd" U origbal signahrres are rcguircd by aay ¡nrt¡ tltis requcsù mirst be m¡ds prior to execution of tbis Escrow Agreeuent or any other notícc, to ensure complianco with thc rcq!Ës¿ Fonn t35?5 nn[ß casPcc.hslodl (228943231 f il il h¡rfi ll lIililI l$t Ell hr,I Itf ûI l+t": I'T¡ l'¡ft BTI' Il ll I Rccepttonå: 86S3tO glr-31¡?giF"3'¡13 I iã. BB oi:"F"3lB:6ð"Ennp¡ em cou*ry co Exhibit í4" to Escrow Agreement This document ïs an addendurn ("Addendum") to that certain escrow agreement under Land Title Guaranty Company Escrow Account No. 519857 ("Escrow Agreement") entered into between and among Blue Heron Propertíes LLC ("Blue Heron Properties") the Board of County Commissioners for Carfield County, Colorado ("BOCC') and Land Title Cuaranty Company C'Escrow Holder'). This Addendr¡m is incorporated in the Escrow Agreement by reference as if set out in full. Intrcduction Blue Heron Properties and the BOCC åre panies to that ccrtain Subdivision Improvements Agreement dated and recorded in the public records of Garfield County, Colorado under Reception No._ (the "SIA"). Section 3, of the SIA requires that Blue Heron Properties provide security for the construct¡on and cornpletion of certain publîc improvements located within the Phase III of the lronbridge Planned Unit Development. The amount of fte security is $_ (the "Escrow Deposit'), which is an amount equal to the Cost Estimate as defined in Section 3(a) ofthe SlA. Blue Heron Properties and the BOCC have agreed that the delivery of the Escrow Deposit to the custody of the Escrow Holder, pursuant fo Escrow Agreement and this Addendum, will satisfy the security requirements under Section 3 of the SIA. Disbursal I nstrucfions and Miscellaneous Provisions Section 1,01 Disbursal of Escrow Deposit. ln sccordance with the above, Blue Heron Properties and the BOCC instruct the Escrow Holder to disburse all remaining or any authorized portion of the Escrow Deposit as follows: To Bluc Heron Prope¡tieq: Escrow Holder shall disburse the sum se¡ forth on any "ïVriÍgn Request for Partial (or Final) Release of Security presented by Blue Heron Propenies" as providecl in Section 3(e) and Exhibit Ð of the SIA that is stamped, certified, or otherwise authorized by the BOCC or its duly authorized ofïicer or reprcsentative. Tolhe BOCC: Essrow Holder shall disburse the balance ofthe Escrow Deposit, together with all accrued interest, to the BOCC upon Esrow Holder's recaipt of a duly approved written resolutìon of the BOCC confinning that the BOCC has determined Blue Heron Properties to be in defauh under the SIA. Such determination shall be made at a duly noticed public meeting for rvhich Blue Heron Properties will be provided l4 calendar days advanced written notice. Notice provided in confonnance with the SIA will be deemed sufficient for the purposes of this provision. I 1l I ilrr nfl 5, l||l'11 i. n' hE'Ï Lr ft hï¡l,lltl] llirr¡tt t'¡lr I I ll I eg t"'¡åd'"*i+fi1',iäl fu ,# "p"î I 8î6åoË o*,,,.0 c0 ¡r'ry co Sectionl.02 MiscellaneousProvisions. Blue Heron Properties waives any and all claìrns against the BOCC, its officers, employees, agents and contractors on account of each of their good faith performance of their obligations under the Escrow Agreement and this Addendum. Blue Heron Prope*ies shall defsnd, indernnify and hold harmless the BOCC, its offïcers, employees, agents and contractors fi'om and against any claim made on account of this Escrow Agreement. The procedurss set forth in this Addendum are intended to govern the manner in which Escrorv Deposit ñrnds are to be disbursed to Blue Heron Properties, or, as the csse may be, the BOCC. This Addendum does not affect, in any respecl, the manner or conduct of inspections to be perlormed by the personnel of Garfìeld County with respect to the public improvemetlts, all as further provided in the SIA. The parties intend that the Escrow Agrecment and this Addendum satisff the requirement of "å form of security deemed adequate" under Seciton 3(a) of the SlA. ln any event, as between Blue Heron Properties and the BOCC, the provisions of the Escrow Agreement and this Addendum are to be Ínterpreted in a manner consistent with the SIA, which, with respect to Blue Heron Propertics and the BOCC, will control overthe Escrow Agreement and ¡his Addendum with respect to any provisions that are in conflict. ***End ofAddendum+tr fil Hr,¡il¡lltfûUå' ll¡rl llfllltT¿h{IHf'lFll,(H,tt'il' ll llI $s"'???å8'fliå¡":*lär o*"F"3lB:ãå"ãsnr¡E,-o cour{Ty co EXHIBIT D REQUEST FOR PARTIAL RELEASE OF ESCROIV FUNDS Board of County Commissioners Garfield Count¡ Colorado c/o Director of Community Devetoprnent 108 8th Str€et, Suite 401 Clenwood Springs, CO 81601 RE: IronbridgeSubdivision This request is written to formally notify the BCICC of work completed for the lronbridge Subdivision. As Owner for On behalf of the OvnerJ, rve request that the BOCC review the attached Engineer's Certificate of Partial Completion and approve a reduction in the amount held ïn Land Title Escrow No. 519857 (the "Escrow Funds') in the amount of $ to a reduced the Escrow Funds to $Attached is the certified original cost estimate and work completed schedule, showing: Engineers Cost Estimate Work Completed, less l0% Redr¡ced Face Amount of Escrow Funds Based on periodic observation and testing, the construction has been completed, to date, in accordancc with the intent of the plans and specifrcations that were reviewed and approved by the BOCC or its representatives and referenced in Paragraph 2 of the Subdivision lmprovements Agreement between the BOCC and the Owner. lf further information is needed, please contact # at Owner Owner's Representative/En gineer APPROVED: Name: Offrce: or Ill I fifrilhÍ l*l¡tll f l[ ll'ir¡ ll, H'$f F I UÉlþfll]t"'L I ll I ReceotlonH: 85831Oo9t2ú2o16 03: l7¡ 15 Pll Jßãn âlÞalic9ãi'ı7'7ã'ñeı-É¿å:iı 0d 0òé-rea,o 00 GnnFIELD coUt¡TY c0 EXHIBIT E REQIIEST FOR FINAL RELEASE OF ESCRO\tr F'UNDS Board of County Commissionsrs Garfìeld County, Colorado c/o Director ol Building and Planning 108 8th Street, Suite 401 Olenwood Springs, CO 81601 RE: Ironbridge Subdivision This request is written to formally notis the BOCC of work completed for lhe lronbridge Subdivision. As Owner [or on behalf of the OraetJ, we request that the BOCC review the attached Engineer's Cemificate of Completion and approve a full release of the amount held in Land Title Escrow No. 51985? (the "Escrow Funds")in the amount of $ Aïached is the certified original cost estimate and work completed schedule, shorving that all irnprovements required by the tmprovements Agreement and been cotnpleted, secured by the Escrow Funds have Also enclosed are the following, required by the Subdivision Improvements Agrcement dated _ between owner and the Bocc, recorded al Reception No. the Real Estate Records of the Carfield County Clerk ¡nd Recorder (the "SlA'): l. record drawings bearing the stamp of Owner's Engineer certilying that all irnprovenents lrave been conslructed in accordance with the requïrements of the SlA, both in hand copy and digital fonnat accepfable to the BOCC; and 2, copies of instruments conveying real property and other interests which Owner was obligated to convey to the homeowner's association or other entity at the time of final Plat Approval. Iffurtherinformationisneeded,pleasecontsct8t-. Orvner or Orvner's RepresenfâtivelEngineer APPROVED: Name: 0fficc: at f ffi ilrr lUFJt¡il I ¡ff 'llt{'lfil'þil1} l{llÊilr$li'[lù I ll I Rcceotlon$: BE83tø gt'¿7+8ç;sà;ll : lt. Eã oi:"P.llB:6å't"n'e.o couiry c0 E)trIIBIT F Note to Lot Orvners Wlth Respect to Completion of Public Irnprovcments You are being provided this Notice in connection with certain development activity occurring on the Phase lll of the lronbridge Subdivision and to inform you of the completÍon of certain public improvements required under the Subdivision lmprovements Agreement (subject to any amendments of record, the "SIA') between Blue Heron Properties, LLC (the "Developef), and the Board of County Commissioners of Garfield County, Colorado (the 'BOCC'), which was recorded in the Garfield County Clerk and Recorder's ofüce on 2015 under Reception No.-. As a result of the completion of these public improvements, certain ñ¡nds held in escrow to secure the construction of the public improvements will or have been released to the Developer by the BOCC or its duly authorized representative. Nothing is rcquired or expected of you in connection with this notice. For funher inform¿tion, you Õr your legal counsel may review the provisions of the SlA. ***End ofNotice**t CIV¡L ENG¡NEERING LAND SURVEYING Conguy May22,2015 Carfie ld County Community Developm ent Departnent c/o Kathy Eastley 108 Ith Street, #401 Clenwood Springs, CO 81601 RE: Offsite Road Improvcmcnt Fcsg Paid To Date - Ironbridge Sul¡division Kathy: The lronbridge Subdivision has completed multiple offsite roadway improvements thal benefit the public Right of lVay system. These improvemen$ were focuses around the 2001 and 2002 t¡me period and inolude CR 1S4/Highway 82 intersection widening, acceleration and deceleralions lane additions and a traffic signal installation. Multiple improvernents along CR 109 adjacenr to thê subdivision were also made, including lane widening for the subdivísion that created n€w sections of asphalt roadway, replacing thE old asphalt lhat was wearing and would have requircrl repair by the County. Drainage itnprovements wëre ulsu made along CR 109 to attow for the rvest roadside swale to function properly and transfer water througlt the new subdivision. Attached is the original, unsigned, contraclual agreement for these road improvements to ba completed by Gould Construction. This is not an engineer's estimate of the work, this the actual agreed upon bid amount for the work to be completed. Please feel flee to call or email to discuss any question you may have. Sincertly, Matt Langhorst, P.E. l'ligh Country Engineering, Inc. ll ll filþ ffi ¡t f, l¡Í lll Hr{ ff ¡rll'lL l'JIl lltll'Il :, llll [','å I I I I I Reeentlonä: 6Ë83¡0Agl2l!2ô15 O3:f7:t3 Plt Jo¡n Alb€r¡oo Ê9 ıi 7ã Reı Fac:50,00 Ooa Feo:0.00 GRFF¡ELD COUN1Y G0 t5l7 Bl¡kc Âvcnuc, Sui¡e l0l Glenuood Springs. CO 81601 970.945.8676 Phonc 970.945.2555 far rvrnv.hceng,com Exhibit G County Road t09l County Road 154 Project No. 2000075.02 ÄGREBMENT THE AGREEMENT, made this day of .?001=. by a!4 belwegn L.B. Rose Ra+gh. LLeher"¡nafrercallèd.'oWNER-¿nã@oingbusinessasacorporation äãËînafter called "CONTRACTOR". WITNESSETH: That for and in considerstion of the paymenß and agreements hereinañer mentioned: l. The CONTRACTOR rvill commence snd cornplete lhe construction of the Rosc Ranch P.U.Ð. - County Ro¡d I 09 / County Rond 154 Project Z. Tlre CONTI{ACTOR will furnish all of the material, supplíes, tools, equiprnent, lâbor and ottrer servises necessary for the construcl¡on and compleiion of the PROJ ECT described l¡erein. 3. T¡e CONTRACTOR willcommense and complete tlte rvork required by the CONTRACT DOCUMENTS as stated in the NOTICE TO PROCEED dated - 2001 ';n b'; ñi';l;,íiñäibìiãi ¡s dilendlã othenvisã by the ffi ENis. 4. The CONTITACTOR asrees to perform sll of the \{rORK described in the CONTRACT DOCUMENTS and con-tply rvitir the terms therein for the sum of $-LS!!@!L. 5. The term "CONTR-ACT DOCUMENTS" means and includes the follorving: ¡NVITATION TO BID INSTRUCTTONS TO BIDDERS BID BID BOND AGR€EMENT PAYMENT BOND PERFORMANCE BOND NOTICE OF AWARD NOT¡CETO PROCEED CHANGE ORDER GENER.AL CONDITIONS SUPPLEMENTARY CONDITIONS SPECIFICATIONS prepared by Higlr Courrtry Engineering, Inc' ¡\DDENDA: Those sÊctions applicable þ this contract in Addendum Numbers l-8 D¡¡qWINCS prepared by High Country Engineering lnc., numbered Shees I tltrouglt 80. 6, The OWNER rvill pay to the CONTR.ACTOR in thc manner and at suclr times as set forth in the Gencral Conditìoñs such anrounts as required by tlre CONTRACT DOCUMENTS. 7, T¡is Agreement shall be binding upon all parties hersto and their respective heirs, executors, adn in istrators, successors, and ass igns. f il #rrilllli ftil[ Ill!, ltill ll1¡.hlf tl I mil ffi flïl' ll il I Recc¡t,ionËt 868:ltOagt2zl2ols o3: l?r l5 Plt Joan f,lberieo ?0 ðl 7a Feo-poe'E0.00 0oo FE€¡0.00 cÊRFlELo couNfY c0 A-1 Counry Road 109 / County Road 154 Project No. ?000075.02 lN WITNESS IVHEREOF, the pa¡ties hereto have executed,_orçaused to be e-xecute.d by their . ärtv u,itttJr¡r.d officials, tliis A'greement in three (3), each of which shall be deemed an original on ihe date fìrst above written. (sEAL) ATTEST: OWNER: L.B.Roçe Rsnch- Ll,C Name Williarn J. Hatch (Please Type) Title Manasinq Address c/o Gate Canital.r_r,c 650 Delancv San isco- CA 94ß? Telephone CONTRACTOR: Gould Constructi nn Inc BY Name Mark Could (Please Type) Title Owner Address P.O. Box 130 Clenwood nos- Cf) 8l6112 Telephone (9?O\q45-7291 BY Name (Please Type) Títle (sEAL) ATTEST: Name (Please Type) Title llll flrr¡llt ll,4'flti, ll¡¡l l¡ tlhl I l'¡ilF¡l I Í il|¿ ll I I' l'jl I I I I I F,eceotlon$ ! 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ÞÈF6tGd for rhc t¡¡lrlct lE Unc ti bv tlnc t9. l¡/all U¡s l8.O rrt IOßIIrtÂf ô¡uiÆEß oF Dlrñlut¡c 1lt{f¡5 fttm r¡.tÀl¡ At Il¡{alPIAT tÉ lT tlu.lbltof Owtl,lr{Unl¡¡ bvz rEETo 3E @tlrclrDlv¡lH €Aftl BulaDll{G 9eRtll¡Dt FrÊ dvldrd hf ncnbGrót DvrlfülUtllr t< EXH¡ bo0g ROARING FORKWATER & SANITATION DISTRICT P.O. BOX 1OO2 * GLENWOOD SPRINGS, COLORADO 81602 Tel (970) 94s-2L44 REGULAR MEETING February 20,2078 Callto Order Call to Order - The meeting was called to order at 3:20 p'm. RollCall Board Members Present Linda Huntsman, President Phil Weir, Vice-President Enis Alldredge, Board Member Staff Present Tonya Uren, District Administrator Alan Leslie, Plant Operator Scott Grosscup, District AttorneY Brandyn Bair, District Engineer Also Present: Mogli Cooper Administratorrs RePort Board Mem Aooointment Tonya presented a letter of resignation from board member Brian Wells dated February L5, 2018. Brian sold his residence in the District on January 26,20L8, therefore disqualifying him from serving on the Board of Directors. MISIC Phil moved to appoint Mogli Cooper to fill Brian's vacant seat. Enis second, all in favor The appointment will expire at the next regular election in May 2018. Mogli took her Oath of Office. MISIC Phil moved to appoint Enis Alldredge as Secretary. Enis second, all in favor. MISIC Mogli made a motion to excuse Floyd. Enis second, all in favor' January Minutes MISIC Enis moved to approve the January 23,2078 minutes. Phil second, all in favor Accounts Pavable MlSlCEnis moved to approve the February accounts payable list as presented, Mogli second, all in favor. Past Due Account Hearings 20485.02 - Chad DeHaven. 10O Eaele Claw Circle: Past Due 5215.28 20236.03 - Christv & Timothv Peters, 235 Wild Rose Court: Past Due s293.11 20446.04 - Rebecca Till. 94 Midland Loop: Past Due 5810.05 February 20,2018 Regular Meeting Page 1 20446.04-and Alethea Waldron: P Due5228.26 MlSlCPhil moved to open the hearings on the above accounts at 3:25 p.m. Enis second, all in favor. The owners of these properties were not present. Staff issued notices of the hearings to the customers, including certified mail and door hangers. Christy Peters and Rebecca Till have not responded to the hearing notices. Chad DeHaven sent an email informing Tonya that the check is in the mail and Alethea Waldron made a partial payment of 5100 with a commitment to pay the balance this week. MISIC Enis moved to file a lien on the properties and disconnect water service for the respective delinquent properties if payment is not received in three weeks. lf payment is received within three weeks, the Board Hearing fee of $150 will be waived. Mogli second, all in favor. MISIC Phil moved to close the hearings at 3:30 p.m. Mogli second, all in favor. 201"7 Net Operatins lncome Net operating income ror 2ot7 exceeded expenses by s197,852. This is due to income from higher than projected water use and lower repair and maintenance expenditures in 2017. lAlSlC phil made a motion to spend the net operating income for 2OI7 into General Reserves' Mogli second, all in favor. The 2018 Budget utilizes General Reserve Funds for the Capital Project of installing bio-solid thickening equipment during plant expansion. Operator's Report o Alan discussed the B.A. Lawrence b¡d of 55,397 as a base to rebuild one of the aeration blowers. The final cost will depend on the condition of the blower once it is disassembled. The plan is to repair the existing blower, but during plant expansion a new blower will be added and one of the older blowers will be used solely for the digester and another for redundan cV. lttllslC Mogli moved to approve the blower repair. Phil second, all in favor. o Temporary repairs were made to the control panels, but new panels will be purchased during plant expansion. Control panels that tie to SCADA can be purchased or base panels without that ability. Both options will be reviewed during the expansion project. o Blowers use a lot of energy to operate and the Board discussed energy efficiency. Blowers are the District's biggest energy user and are used to introduce air during plant processes. The Distr¡ct's other major energy use comes from two propane tanks that supply the heaters. The pre-treatment building is a flammable environment and air circulation is necessary. Mogli asked about energy efficiency improvements and grant utilization. Alan reviewed the energy assessment conciucted in the past. The plant property isn't big enough to provide the amount of solar panels that would be necessary to provide the energy needed. Alan commented that as infrastructure components are replaced, more efficient options and better technology is available. o Alan received, and forwarded to staff, an email from Greg Friedman who owns and is developing AsPen Glen lot GV5. Engineerrs Report lronbridee Phase lll Filine lAcceptance Brandyn presented SGM's memo recommending acceptance of the lronbridge Phase lll Filing I utilities as constructed by Blue Heron Development. SGM observed installation and successful testing of the water and sewer system in 2015 and 2016. Staff received and reviewed as-built February 20,2018 nesula.M@ drawings, easements and bill of sale documents. Blue Heron requested the release of security funds from Garfield County. The Board had previously authorized SGM to act on behalf of the District to approve that action. With the acceptance of the water and sewer lines, the two-year warranty period in which Blue Heron Development will be financially responsible for the repair of any defects now begins. MISIC Enis moved to accept the lronbridge Phase lll Filing I utilities as constructed by Blue Heron Development. Ph¡l second, all in favor. The Distr¡ct is waiting for final documents from REL and lronbridge before acceptance of'the lines to the new school and the lronbridge teacher affordable housing units can be completed WWTP Plant Expansion The plans for the expansion are almost complete and cost estimates are still in line with projections made during 2018 budget preparation. Brandyn expects to solicit bids in March for presentation and apfroval by the Board in April. SGM is in charge of permits for the District and the contractor will be responsible for its own permitting. The District comm¡tted to Garfield County during the site approval process to not begin construction until May. The noxious weed mitigation required by Garfield County was completed last September. Attorney's Report Water Court APPlication The water court referee entered her Ruling of Referee to continue the conditional water rights for the River Edge development for the next six years. lt is out for comment now before the case is sent to the water judge for entry of a final decree. Eastbank LLC Eastbank representatives conducted a public meeting outlin¡ng their plans for residential units adjacent to the school property. The plan included "tiny homes" on rented lots, along with other residential units and a hospice. There will be a public hearing as Eastbank moves through their apþroval process. The District's Service Plan Amendment includes this area and the plan fits the EQR capacity contemplated. Two force-mains were installed to address larger capacity development. Executive Session 4:30 MISIC At 4:30 p.m. Phil moved that the Board go into Executive Session to confer with its attorney for the purpose of receiving legal advice on a specific legal question and matters subject to negot¡ation pursuant to C.R.S. g 24-6-402. Mogli second, all in favor' VtlStC phil moved to conclude the executive session at 4:50 pm. Mogli second, all in favor. The participants in the executive session included directors, staff and above counsel' No party who participated in the Executive Session raised any objection to the matters discussed therein or stated that any improper action occurred during the Executive Session in violation of the Open Meetings Law. February 20, 201 8 Regular Meeting Page 3 Next Meetins Tuesday, March 20, 20L8, 3Pm Adjournment 4:50 Meeting adjourned Read and approved this 20th day of March 2018. Signed Attest: SEAL February 20,2018 Regular Meeting Page 4 OSGM TO: FROM: GC: DATE: RE: TECHNICAL MEMORANDUM Roaring Fork Water & Sanitation District, Board of Directors Brandyn Bair, PE, SGM Rob Ringle, El, SGM Roger Neal, PE, High Country Engineering February 151h,2018 lronbridge Phase lll Filing lAcceptance This memo was prepared by SGM as District Engineer for the Roaring Fork Water & Sanitation District to recommend acceptance of the lronbridge Phase lll Filing I utilities as constructed by Blue Heron Development. SGM's recommendation of acceptance is in consideration of the following achievements: 1.) SGM observed successful testing of the water and sewer system including the following:- Sewêr Pressure Test - December 7th,2015 - Sewer Manhole Vacuum Test - December gth, 2015 - Sewer Video lnspection - December 16th, 2015 - Water Line Disinfection - December l1th,2015 - Water Pressure & Leakage Test - May 121h,2016 2.) Hobbs Excavating, under the direction of High Country Engineering, has adequately resolved all items identified in the SGM Punch List memo issued on May.13m, 2O16, and the follow up Punch List lnspection memo issued on June 301h,2016. 3.) FinalAs-Built drawings for the development were received from High Country Engineering on September 1"t, 2016. 4.) Fill Grant of Easement and Bill of Sale documents were conveyed to the Roaring Fork Water & Sanitation District on February 8th, 2018. While not originally intended for construction in Filing l, Sewer Manhole #48 was insta¡ed at thê Filing I / Filing ll boundary. lnstallation of this manhole allowed for the removal of rock obsiruction in the sewer line section towards Manhole 47, as noted in the "Release of Collateral Funds for Sewer" memo dated December 18th, 2015. Manhole 48 will be vacuum tested, re-inspected, and eligible for acceptance with the future sewer line to be installed in Filing ll. I 18 W. ólh St, Sle 200 Glenwood Springs, CO 8l ó01 Phone: 970-945-1004 tox: 970-945-5948 A board decision to accept the utilities will mark the beginning of the two-year warranty period, in which Blue Heron Development will be financially responsible for the repair of any defects. I l8 W. órh Sl, Sle 200 Glenwood Springs, CO 8l ó0.l Phone: 970-945-1004 tox 970-945'5948 2