HomeMy WebLinkAboutConsent 2022-03 2nd Partial Release of Collateral - File No. PDP-9129_10 Acre PUDDocuSign Envelope ID: BE8BA472-2716460E-8C31-CA16EF6E8FCE Eagle County, CO 202218407 Regina O'Brien 11/30/2022 Pgs: 19 12:45:48 PM REC: $0.00 DOC: $0.00 BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO CONSENT NO.2022-03 AUTHORIZING SECOND PARTIAL RELEASE OF COLLATERAL FOR 10 ACRE PLANNED UNIT DEVELOPMENT FILE NO. PDP-9129 WHEREAS, pursuant to C.R.S. § 30-28-137, the Board of County Commissioners of the County of Eagle, State of Colorado ("County") entered into a Subdivision Improvements Agreement dated July 2021 (the "SIA") with 10 Acre Holdings, LLC, a Colorado limited liability company ("Subdivider") for the 10 Acre Planned Unit Development ("10 Acre PUD"); and WHEREAS, Subdivider provided collateral in the form of cash in the amount of $506,888.75, which represented 100% of the estimated cost of the Subdivision Improvements ($432,966.00) and 125% of the estimated cost of the Landscape Improvements associated with the 10 Acre PUD ($73,892.75); and WHEREAS, pursuant to Eagle County Consent No. 2021-02 the County authorized a first partial release of collateral in the amount of $154,298.25, thereby reducing the collateral held by the County to $352,590.50; and WHEREAS, Subdivider has represented to the County that certain Subdivision Improvements and Landscape Improvements required under the SIA have been completed and the Subdivider has applied for a second partial release of collateral; and WHEREAS, based upon the written recommendations of the County Engineer set forth in Exhibit A attached hereto and incorporated herein, and the recommendation of the County Attorney, THE COUNTY FINDS that certain Subdivision Improvements and Landscape Improvements associated with the 10 Acre PUD appear to be completed as of November 8, 2022 and a second partial reduction in the collateral is warranted; and WHEREAS, pursuant to Resolution 95-25, the Chair of the Board of County Commissioners, or in their absence, the Chairman Pro Tern, has the authority to approve partial released once the release has been recommended for approval by the County Attorney; and WHEREAS, based upon the recommendation of the County Engineer attached, hereto as Exhibits A-C, and the recommendation of the County Attorney, THE COUNTY FINDS that a second partial release is warranted. NOW, THEREFORE, BE IT AUTHORIZED BY THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, based on the recommendation of the County Engineer and the County Attorney, the Chair of the Board authorizes this second partial release of collateral in the amount of $292,366.65, thereby reducing the required collateral to $60,223.85, which represents the estimated cost of remaining Subdivision Improvements and Landscape Improvements for the 10 Acre PUD; and DocuSign Envelope ID: BE8BA472-2716-460E-8C31-CA16EF6E8FCE THAT, this partial release of collateral does not represent the County's acceptance of the work purportedly completed by the Subdivider; and THAT, this partial release of collateral does not commence the warranty period under the SIA; and THAT, this partial release of collateral shall not in any way abrogate the rights of the County in enforcing the Subdivider's performance of its outstanding obligations under the SIA; and THAT, this partial release is contingent upon the Subdivider retaining the remaining cash collateral, and acceptable form to the County Attorney. APPROVED by the Chair of the Board of County Commissioners of the County of Eagle, State of Colorado, pursuant to Eagle County Resolution 95-35, this 29" day of November, 2022. COUNTY OF EAGLE, STATE OF COLORADO, by and Through Its CHAIR TO THE BOARD OF COUNTY COMMISSIONERS DocuSigned by: By: Jeanne QtseVetg C%air EAGLE COUNTY ATTORNEY Dxuftna by. - By: Bryan iaxu,56mmity Attorney EAGLE COUNTY ENGINEER DocuSlpned by: By: I dam, GWdu Ben Ge 5Goumtp4lii tgineer DocuSign Envelope ID: BE8BA472-2716-460E-8C31-CA16EF6E8FCE EXHIBIT A ENGINEERING DEPARTMENT MEMORANDUM DocuSign Envelope ID: BE8BA472-2716460E-8C31-CA16EF6E8FCE MEMORANDUM EAGLE COUNTY ENGINEERING TO: Tracy Stowell, Eagle County Attorney's Office FROM: Julie Pranger, Engineering Department DATE: November 8, 2022 RE: Subdivision Improvements Agreement,10 Acre PUD Eagle County File No. PDF-009129-2021 Authorization of the Second Partial Collateral Release A written request for reduction of the collateral for the construction of portions of the improvements under the agreement was received from Brian Rose on October 11, 2022. The original amount from the signed Subdivision and Off -Site Improvements Agreement was: Public Improvements = $432,996.00 Landscaping_ = $73,892.75 Total Collateral Amount = $506,888.75 The first partial collateral release was approved on October 7, 2021 in the amount of $154,298.25. Total Collateral Amount = $506,888.75 First Partial Collateral Release = $154,298.25 Remaining Collateral Amount = $352,590.50 Staff discovered an error in calculations and determined the first collateral release should have been in the amount of $134,773.65 and collateral was over -released in the amount of $19,524.60. Therefore, $19,524.60 will be credited against this second collateral release. The Eagle County Engineering Department performed an inspection confirming the amount of work completed on October 11, 2022. Construction items were checked for completion as listed on the Costs for Subdivision and Landscaping Improvements. The items requested for reduction were found to be constructed and completed in a satisfactory manner. The Eagle County Engineering Department recommends a reduction of the collateral in the amount of $292,366.65 from the $352,590.50. This will leave a balance of $60,223.85 collateral remaining. This reduction does not start the warranty period. cc: Ben Gerdes, County Engineer DocuSlgn Envelope ID: BE8BA472-2716-46QF-8C31-CA16EF6E8FCE EXHIBIT B REQUEST FOR COLLATERAL REDUCTION DocuSign Envelope ID: BE8BA472-2716460E-6C31-CA16EF6EBFCE to EAGLE COUNTY Julie Pranger <julie.pranger@eaglecounty.us> equest for draw 10 Acre Holdings LLC <10acreholdingsllc@gmail.com> Tue, Oct 11, 2022 at 5:29 PM To: Julie Pranger <julie.pranger@eaglecounty.us> Hi Julie, Thanks for visiting the site today. I would like to request a draw from my collateral in light of completion of many items that I showed you today. Attached is a spreadsheet for the calculation of the draw including my understanding of what is considered releasable as of today. I started with the spreadsheet you gave me at the last draw, but now that we have more tasks completed, it became really confusing so I took the liberty of streamlining / clarifying. • I replaced the formulas that had min & maxes with simpler formulas, because the min & maxes kept me from clear reconciliations (it was giving the wrong amounts) • I divvied up dollar amounts corresponding to Town of Basalt and MVMD deposits differently than previously - using the previous method resulted in nonsensical negative numbers. Total deposit amounts remain the same • I removed some rows so I can simply sum a column at the bottom. • I entered a lot 90%'s to indicate completed tasks - 90% indicates I am requesting release of moneys up to the 10% collateral that will be held to the end of the warranty period - I think this greatly clarifies and keeps the calculations really straightforward. Also attached are backup documents. Thanks. Let me know what you think. Brian Rose, Ph.D. 10 Acre Holdings LLC 10acreholdingsllc@gmail.com 303.476.0262 2 attachments 10 Acre PUD SIA Draw - 2022-10-11.xlsx 24K �i backup docs.pdf 421 K DocuSign Envelope ID: BE8BA472-2716-460E-8C31-CA16EF6E8FCE EXHIBIT C COSTS FOR SUBDIVISION AND LANDSCAPE IMPROVEMENTS DocuSign Envelope ID: BE8BA472-2716-46OF-8C31-CA16EF6E8FCE Engineering Opinion of Probable Cost 10 Acre Site By: Tyler Stevens, PE Date: March 4, 2021 Roaring Fork Engineering CONTRACT REM UNIT QUANTITY UNITCOST TOTALCOST 10 Acre PUD ADMINISTRATIVE SANfFARYFACILIIY EACH 1 CONSTROCFION SO RVEYno IS 1 $IOQo. TRAFNCCONTROL Is 1 smoNo8 525,O,01o0 MORHQATION IS L $7.0D.00 520,Mno F/A MINOR CONTRACT REVISIONS FA 1 52OGDO00 $3O,W0.00 Demo IIEMMYOFCOHCRfTE<URBRIIDGURFR IS 50 S20M SI.MN REMOVAL OF CONCRETE PAVEMEM SY 33 530M $690M REMOVAIOFfIF[TNf/.1 P01E EACH 1 S38500 $285900 REMP'ALOFASPHALTMATINLLDfAH) 5Y 2" $137 51SLID .00 PEMDVALOF ASPW.lT M.OT PIANNIHGI SY 57..1 $]TAXI $1,5f3. RE6gVAl OFFENCE IF 80 SLW 5340. SAWING CONCRETE (FULL DEPTH) IF 20 $7.50 SAWING ASPHALT M ...(FULL MET.) V 1. $7.00 $1,330 SAWING AS PHALT MATERML 12 INCH DEPTH) LF IA $6.M $110" Utilities TRENCH OPEOALI(GAS TRENCH) I IF 600 $ISE sionaM TRENCH ESPECIAL) (GAS SERVICE) IF 292 $18.00 $5,356.M 121NCH PLASTIC PIPE (AM N131NRR16ATIONSUEVE$) &TRENCHING IF 340 SIGN $13,000.M 2 INCH PLASTIC PIPE (FORCE MAINI&TRENCHING IF 240 $50100 $14,40GM 4' SEWE0. S.. Pat I= SDM3$) IF am SI20.00 $1z.. SINCH iEWERPVEOMISH&TRENCHING IF 410 $1W.W SA1,M0.M 81NCH CULVERT COPE ON 26) a TPSEYE+ G IF 50 SIGN $2.M. US INCH CONERT PIPE CAN 261 A TRENCHING IF 122 552.00 Sk3M.W 12INCH CULVERT PIPE ON 26)& TRFPRounG LF 3fi $5480 $1,944W MANHOU SPECME(20 FOIST) (SANITARY SEWER) M(FI 2 $7,50GM SIS.CM.M MANHOLE SPECIAL (CAST IN PEACE BFSE)(SAURGARY SEWER) EACH 1 $10,W2.M $10,0MG, 21NCH ELECTRICAL CONOW(NOTRfNCHING) IF 816 52L0 $1,632.00 2.51HCHCONOUIT INO TRENCHING) 9 W78 S2E30 5211... 4INCH CONOUITINOTRENCHING) EF So. 0.01 $IU17= MMMONUTUPOSLEEEVES URENCHONLYI IF 13M 516.00 520,RM.M PRIMARY ELECTRIC (TRENCH ONLY1 IF 130 $17.00 52,3SO.M SECONDARY ELECTRIC (TRENCH ONLY) V $39 SI4.M $7,.&M PRIMARY EIFG WIRING US 1 55,00100 SS,MOOJ FISERSERVICf EACH 5 S;M9.00 5101000.00 POWERTMNSIORMER EACH 1 57.500.00 $7j00pJ CONNECT TO E%15TIG WATERLINE EACH 1 $4,O0100 $A,ttOAJ 81NCH DUCTILE IRON PIPE& TRENCHING Lf 732 S1M.M s7VOO. 61NCH DUCTILE IRON PIPE&TRENCHING IF 44 $W.M 53,96000 61NCH FINE HYDMNT&TRENCHING EACH 2 SS,=GES $IO,LCO.M 8'WTEVALVES EACH 3 SLMOQ $3,E0000 V GATE VALVES EACH 2 51A00.00 SLCM.M 8'01.1BENOS EACH 4 5,10100 SZON"Re 81818'OIR. TEE EACH 1 $5010) 70m- 9'xS'xV O I.P. TEE EACH 2 SSM.M $LMOM WATERSERVKEIV INCNCOPPERI EACH 5 $4.500.0, $7ZS0000 EARTHWORK/ROADWAYS CLEARINGANDGRUROnG IS 1 $IOAM.M S10.0M.M UNo.ASSIFIED UCAVATION(COMPLETE IN PLACE) loon tt 1700 $11.50 $IL950.M EMBANKMENT MATERIAL(COMPLETE IN PLACE)(FIM CY 12SO $13.50 $16.875.M VEHICAL TRACKING CONTROL EACH 1 SLOM.M $LCmN ARTHUR. EF 1230 ISM 5613S000 EROSION CONTROL SWAY PROTECTION TYPE I V TO 55.M 5350.M LANOSCAPINGANDPUMING SEEATTACHEDBREUDOWN LS 1 532.65S.M $3LGSS.M CRUSHERFINES(TMILI TON 45 $23.00 SL0OM AGGREGATE BASE COURSE (tlAit6) a PIS $SS.M $360"RElO HOTMICASPHALTIGRADINGSIG[POPG58S8) TON 70 $13000 $9.IM,M CONCTUMPAVEMEMI6INM) 5Y 7 51MA] $GNCS NRBANDGUTTERREPLACEMEM D 5o $boo $1,500 EPNNPAVEMEMMARKING GAL S $]SOAR $1'm= STEE15MNSUPPOm(2-INCHRWNDHPMTANDS KM EACH 1 $700.00 S7MM PEOESTRIANTMFFICSON5 EACH 2 T 16M.M $1,IMM DRAINAGE DURETSTRUCTURE EACH I $$,SM.M smira,M RMMION FACILITY SPECIAL (STORM) EACH 2 $8,0.0 00 $1S'.. EOPCTotal: $578,471.00 LieE18 i Page 1 DocuSign Envelope ID: BE8BA472-2716-46OF-8C31-CA16EF6E8FCE Landscape Breakdown - estimate, installed costs Size Qty Unit Unit cost Amount Notes Tree 1.5 inch caliper 7 Each Pli 475 3,325 Tree 2 inch caliper 25 Each Pli 675 16,875 Tree 3 foot height 6 Each PI 100 600 Shrub #5 container 22 Each PI 65 1,430 Topsoil under hydroseeding 3 inches deep 0 Cubic Y 15 0 Stockpiled topsoil will greatly exceed needed topsoil Hydro -seeding 169,500 ISquare 10.15 110,425 Expected Total $32,655 DocuSign Envelope ID: BE8BA472-2716-460E-SC31-CA16EF6E8FCEre Holdings -Engineering of Probable Cost M"j Gmail 10 Acre Holdings LLC <10acreholdingsllc@gmail.com> 10 Acre Holdings - Engineering of Probable Cost 1 message Peer Erickson <peer@coeaspen.com> Mon, Jan 4, 2021 at 5:58 PM To: 10 Acre Holdings LID <10acreholdingsllc@gmail.com> Hi Brian, I have created an Estimate of the Probable Cost for the irrigation system for your 5 parcel subdivision. This includes the materials, labor and equipment for the project I have designed. $52,000 Regards, Peer Erickson, CID P.O. Box 513 Carbondale, CO 81623 Office (970) 925-2969 Direct (970) 618-7005 Email peer@coeaspen.com ( Q Colorado Outdoor Environments PROFESSIONAL IRRIGATION DESIGNERS Confidentiality Notice: The above email and any attachments contain information that may be confidential and/or privileged. The information is for the use of the individual or entity originally intended. If you are not the intended recipient you are hereby notified that any dissemination, copying or distribution of this message, or files associated with this message, is strictly prohibited and punishable bylaw (40 CFR — 2.201). If this transmission is received in error, please notify us Immediately by replying to the message and deleting this message and its attachments, if any. Thank you. Please wnsider the environment before printing this email. https://mail.google.com/mail/u/O?ik=59ed488442&view=pt&search=a II&permthid=thread-f%3Al688006337910339912%7Cmsg-f%3Al688006337910... 1 /1 DocuSign Envelope ID: BE8BA472-2716-460E-8C31-CA16EF6E8FCE ,- r I r .. , r c..... . r v Ole V-1'J c /8�Z Page 2 of 4 S1-- e 7— 21 can I have a longer window of time 0 , �lnrnit# "1 0 Z! 7 EXPIRES 30 DAYS FROM ISSUE i;-(t q/ I Owner Name (Property) Contractor Name and Company Name 10 Acre Holdings, LLC Timberline Excavation Address Address 180 Riverside Dr 204 Park Ave #2A City/State/zip City/statelzip Basalt CO 81621 Basalt CO 81621 Phone/ Fax 303.476.0262 Phone # 970.927.0421 Email Email: 10AcreHoldin sLLC mail.com LLizotte@TimberlineExcavation.com Mailing Address (If Different) Contractor License # Prnivrf Infnrmafinn Address of Work Location 10 Acre PUD Type of work: trenchingX_ boring _ open cut_ TBD Willits Lane, Basalt, Colorado 81621 Purpose: {HATER SEWER GAS ELECTRIC PHONE OTHER Parcel: 2465-034-00-036 T8S R87W. portions of Sections 2 and 3. a portion of Tract 47 Latitude and Longitude: 39.383,-107.087 ATTACH SKETCH OF PRJECT WITH DIMENSIONS ON sEPERATE SHEETSCOPE FOR PERMIT IS UTILITY TIE I AND INSTALLATION UNDER WILLITS START AND END DATE 5/24/2021 - 6/24/2021 1 WORK HOURS It Calculation for Areas Being Disturbed S .N location $/unit L W SF $ Area of asphalt @ $20.00 S.F. Length _asphalt, sewer 20 814 16,2E asphalt, Meadow or 20 1,550 31,0( Area of concrete @ $25.00 S.F. Length _Concrete 25 144 3,60 roadbase 6 0 0 Area of Road base @ $ 6.00 S.F. Length grass,T.r 6 36 15 540 3,24 curb and gutter 25 28 700 Area of grass @ $ 6.00 S.F. Length _total deposit permit fee 11 Linear feet of curb and gutter @ $ 25 Deposit & fee Deposit &Fees 54,9' Total Deposit Amount = $ 54,820_ DocuSign Envelope ID: BE8BA472-2716460E-SC31-CA16EF6E8FCE Page 3 of 4 Non Refundable Permit Fee = $100.00 Non Refundable Inspection Fee = $50.00 TOTAL AMOUNT DUE INCLUDING DEPOSIT AND FEES = $54,970 Warranh, Aereed to for all Permits In accepting this permit the undersigned property owner and/or contractor has applied for an excavation permit pursuant to Chapter 11.03 of the Town of Basalt Municipal Code and Sec.222.3, 2612.3 and 2626 of the Town of Basalt Public Works Manual. In consideration of the Issuance of such a permit, each of the undersigned hereby warrant and guarantee all materials, labor and workmanship utilized in the backfilling, compacting, repairing, and resurfacing of area where cuts and excavation are made, to be free from any failing for a period of two (2) years from the date of repair and resurfacing. In the event that failing occurs within the said time period, including subsidence or damage to the asphalt, the undersigned shall promptly repair or replace defective work or materials, at the undersigned's sole expense, In a manner satisfactory to the Town. All work and materials provided under the warranty shall be further warranted for a period of (2) years from date of acceptance by the Town. (CONTRACTOR AND ONWER BOTH NEED TO SIGN AND AGREE TO CONDITIONS ABOVE) CONTRACTOR Property Owner Representative (Print) Timberline Excavation Date Signature �—i 7 Brian Rose. Manager 303.476.0262 �� Z Name (Printj10 ACRE HOLDINGS phone# Date 2:�P— Z� Address 180 RIVERSIDE DR BASALT, CO 81621 Signature Town, of Basalt Representative (Print) AM- Wtt are.✓ Date � Z Signature DocuSign Envelope ID: BE8BA472-2716-46OF-8C31-CA16EF6E8FCE Page 4 of 4 Checklist Needed Prior to Review Traffic Control Plan Proof of Insurance Staging of Materials/Equipment and Parking Plan Proof of Employee and Public Liability Insurance Attached Sketch Plan of Work to be Performed and Disturbed Areas SCOPE FOR PERMIT IS UTILITY TIE INS Utility Line Locates AND INSTALLATION UNDER WILLITS LN Landscape Plan (if needed) Tree Removal Permit (if tree removal required) attached attached sheet C 117 attached drawing set sheet C 101 and see attached see Exhibit 3.2 no tree removal Cedar Network Contacted and Plans submitted for Conduit Installation per Town Code e 4 97n A7A n738 unresponsive Traffic Control Company: Geo Tech Engineering Company for Compaction Testing: Phone # Dan Hardin, HP Kumar Paving and or Concrete Company Doing Repairs: Frontier (Paving), Boe Construction (Concrete) Track -Out, Dust Control, Storm Water Control, and Final Clean up Description and Methods: Track -Out: sheet C117 Dust Control: sheet C117 Storm Water Control: C117 Final Clean: Water truck and mechanical sweeper used to clean streets after work is complete. Work site will be cleaned and maintained daily Plan for Notifying Neighboring Properties and or Community: via email to HOA of Sopris Meadows, River Ranch; Don Boyer, Charlie Splckert. Printed letter to Susann Siebert DocuSign Envelope ID: BE8BA472-2716460E-8C31-CA16EF6E8FCE SEWER AND WATER TIE IN ONE LANE W/FLAGGERS WILLITS LANE BASALT CO 'NOT TO SCALE' IRISH Prolect: TIMERLINE EXCAVATION �o v...my DIVERSION ONE LANE WIDTH --- NOTE 'SIDEWALK CLOSURE IS STILL IN PLACE 'ROAD CLOSURE ON MEADOW DR. STILL IN PLACE 'IF THE DIVERSION IS LEFT OVERNIGHT DRUMS NTH LIGHTS WILL REPLACE THE CONES .A .II allot con n kkA H 1\YII[ OI[Il v Manifest 2 x 36' ROAD WORK AHEAD 2 x 36' LANE SHIFT (SYMBOL) 2xTYPE III W/RC 7 x PED/BIKE DETOUR A A SAW 2 x SIDEWALK CLOSED SAW 15 x DRUMS 7WILIGHTS IF LEFT OVERNIGHT 30 x 36' TRAFFIC CONES VALLEY RD, ROAD CLOSED FOR OUTBOUND v DocuSign Envelope ID: BE8BA472-2716-460E-8C31-CA16EF6E8FCE Town of Basalt 101 Midland Avenue Basalt CO 81621 970-927-4701 Receipt No: 1.105183 May 21, 2021 10 ACRE HOLDINGS LLC Previous Balance: .00 LIABILITIES - STREET CUT DEP ST-06-21 54.820.00 10-24520 DEPOSITS - STREET CUT & LANDSC Total: 84.820.00 CHARGES FOR SERVICES - STREET CUT FEE ST-06- 150.00 21 10-34-160 STREET CUT FEE Total: 150.00 ACH 54,970.00 Total Applied: 54,970.00 Change Tendered: .00 05/25/2021 2:39 PM DocuSign Envelope 10: BE8BA472-2716460E-BC31-CA16EF6E8FCE Mid Valley Metropolitan District Invoice 0031 Duroux Lane, Suite A Basalt, CO 81621-9357 Date Invoice # 5/31/2021 5829 Bill To 10 Acre Holdings, LLC Brian Rose 180 Riverside Drive Basalt, CO 81621 Terms Due Date Net 30 6/30/2021 Description Amount Engineer Required As -Built Deposit Collateral for Water & Sewer Road Crossovers 5,000.00 58,000.00 Total $63,000.00 Phone# Fax# E-mail Payments/Credits $0.00 970-927-4077 970-927-1017 mvmd@sopris.net Balance Due $63,000.00 DocuSign Envelope ID: BE8BA472-2716-460E-8C31-CAI 6EF6E8FCE Payment Receipt Mid Valley Metropolitan District 0031 Duroux Lane, Suite A Basalt, CO 81621-9357 Received From: 10 Acre Holdings, LLC 10 Acre Holdings, LLC Brian Rose 180 Riverside Drive Basalt, CO 81621 1 Date Received 06/07/2021 Payment Method Check Check/ReE No. 0103 Invoices Paid Date Number Amount Applied Payment Amount $63,000.00 05/31/2021 5829-$63,000.00 Page 1 DocuSign Envelope ID: BE8BA472-2716-060E-8C31-CA16EF6E8FCE Permit No. GRAD-021298-2021 P.O. Box 850 500 Broadway Eagle. CO 81631-0850 Phone: (970) 328-3560 EAGLE COUNTY Project Address TBD WILLITS LN EL JEBEL AREA, CO Permit Type: Grading Permit Work Classification: New Permit Status: Active I Issue Date: 6/25/2021 Expires: 1212212021 Owner Information Address 10 Acre Holding LLC 180 Riverside Brian Rose Basalt, CO81621 Contractor Phone See Owner Information Above Pareal Number 246503400036 Phone (303)476-0262 Fees Due Amount Invoice # Total Amt Paid Amt Due Grading Plan Check Fee $6415 00078329 $18.926.00 $18.926.00 $0.00 Grading Permit Fee $278.00 00077785 $332.25 $332.25 $0.00 Collateral Fee $18,926.00 Total I: 519,268.26 Call (303)476-0262 Inspections: For Inspections Call: (970)328-3560 i Proposed Construction I Details: This permit Is to install utilities, construct an access road, complete overlot grading, establish drainage infrastructure, and other Improvements as indicated on the approved site plans. This permit allows for work in Eagle County only. Improvements Included on the site plan which are in the Town of Basalt jurisdiction are not approved under this grading permit This permit expires and becomes null and void If any work authorized by this permit is not completed by the expiration date of 1212212021. One extension may be requested by contacting the Eagle County Engineering Department @ (970) 328.3560. Permit is not valid unless accompanied by approved field set of construction plans. f � Julie Pran er June 25, 2021 ssu y: age County. C0 AuthorizedSignature Date This permit is being issued in accordance with ECLUR Section 1-140.C.3 which states -Approvals and permits for building construction. grading, and infrastructure development shall only be Issued as part of or after final plat approval. Provided that the applicant is actively pursuing the resolution of all issues associated with Final Plat, grading permits may be issued by the County Engineer following Preliminary Plan approval if all regulations regarding collateralization of restoration bonding requirements, as well as all grading and erosion control standards, as outlined in Section 4-660 and 4-665 are met:' This permit authorizes work that would otherwise be included in a Subdivision Improvements Agreement (SIA) which would be approved at the time of Final Plat. By signing this permit the Owner acknowledges that the Final Plat associated with this work has not been approved and construction of these improvements is at the Ownefs risk. In the event the Final Plat is not approved, Owner shall restore the disturbed area to its original condition or other condition authorized by the County Engineer. /) 10 Acre Holdings, LLC clo Brian Rose Friday, June 25, 2021 Page 1 of 1 DocuSign Envelope ID: BE8BA472-2716-460E-8C31-CA16EF6E8FCE 10 Acre PUD Subdivision Improvement Agreement Collateral Subdivision Improvements Engineers Cost Estimate Reference Document Administrative $77,000.00 Engineering Opinion of Probable Cost Demo Utilities Earthwork/Roadways $9,791.00 Engineering Opinion of Probable Cost $322,365.00 Engineering Opinion of Probable Cost $109,660.00 Engineering Opinion of Probable Cost Drainage $27,000.00 Engineering Opinion of Probable Cost Total $545,816.00 Collateralizatlon Agency Town of Basalt (ROW Permit) Collateral Amount Reference Document $54,820,00 Basalt Street Cut Permit ST-7-21 Mid Valley Metro District $58,000.00 MVMD invoice and receipt for collateral Total $112,820.00 10 Acre PUD Landscape and Irrigation Collateral Landscape Improvements Engineers Cost Estimate Reference Document Landscape $40,818.75 Landscape Estimate of Cost (125%) Irrigation $52,000.00 Irrigation System Estimate of Cost Total $92,818.75 Collateralizatlon Agency Collateral Amount Reference Document Eagle County (Grading Permit) $18,926.00 10 Acre PUD Grading Permit Total $18,926.00