HomeMy WebLinkAboutPRECISION TECHNOLOGY - FDP200029 - - SUPPLEMENTAL INFORMATIONCITY OF FORT COLLINS
INFORMATION FOR DEVELOPMENT AGREEMENTS
The following information is needed by the City in order to prepare a Development Agreement. Please fill in the blanks with names and titles exactly as they should appear and return
this form. Hard copy or email to your development review engineer is fine. This form is for informational purposes only and is not your development agreement. It requires no signatures.
If you should have any questions please call your development review engineer. This information should match that shown on a plat (if applicable).
Development Name:Precision Technology II
Contact Person:William Coulson
Email/ phone number:970-222-7499
DEVELOPER INFORMATION:
Provide complete name(s) of the Entity(s) who is the Developer and include the type of organization:
(Examples are as follows: Development Innovations, Inc. a Delaware corporation; or ABC Partners, a Nebraska general partnership; or John Z. Doe, an individual)
Precision Technology, LLC
Provide complete name(s) and title(s) of the individual(s) who will sign the Development Agreement for the Developer. The individuals must be officers for the development Entity or
the individual(s). Also include the name and title of the person who will sign as an Attest for corporations.
Name:Title:
William CoulsonMember
Attest:
LENDER INFORMATION:
If with the development a lender has either already provided a construction loan or will be providing a construction loan and will want or need an acknowledgement from the City regarding
the development this information is needed so the information can be provided within the development agreement. The City will not enter into a separate acknowledgement agreement.
Lender Name: Wells Fargo Bank
(example: Wells Fargo Bank, National Association)
Check the appropriate statement or provide additional information
A loan exists. This lending institution has extended a loan to the Developer.
X This lending institution intends to extend a loan to the Developer.
X A lender acknowledgement for this development will not be needed.
CONTACT INFORMATION:
The Development Agreement specifies addresses for each of the parties (City, Developer, Owner, and Lender) so as to provide any notice regarding the Agreement. Provide the addresses
for notice to be sent:
(Examples:)
Development Innovations, Inc.Moe, Larry, & Curly Attorneys in Law
c/o John Z. Doec/o Mr. Moe
1000 Developer Lane101 Litigation Lane
Denver, CO 80241Beverly Hills, CA 90210
Developer:With a copy to:
Precision Technology , LLC
224 Canyon Ave., #624
Fort Collins, CO 80521
Lender (if applicable):With a copy to:Wells Fargo BankJesse Patton
Senior Relationship Manager, VP
Northern Colorado Commercial Banking
Wells Fargo Bank, N.A. l 3600 S. College Ave 2nd Floor l Fort Collins, CO 80525
MAC: C7508-011
Cell Number 970-342-1234 l Office Number 970-266-7732 l Fax Number 970-266-7800
Jesse.Patton@wellsfargo.com
Owner:With a copy to:
Precision Technology LLC
224 Canyon Ave., #624
Fort Collins, CO 80521
OWNER INFORMATION:
For developments where the current Owner is not the Developer and the Owner will continue to own the property until after the development plans are signed, completed and filed with the
City the Owner also needs to be a party to the development agreement. If this is the case the following information is needed.
Relationship: Explain the relationships between the Developer and the Owner for this development. In addition explain any transfers of property ownership that will take place before
the development construction begins. This information is needed to clarify responsibilities for the development.
The developer is the owner.
Provide complete name(s) of the Entity(s) who is the Owner. Include type of organization:
(Examples are as follows: Development Innovations, Inc. a Delaware corporation; or ABC Partners, a Nebraska general partnership; or John Z. Doe, an individual), if different from the
Developer
Precision Technology, LLC
Provide complete name(s) and title(s) of the individual(s) who will sign the Development Agreement for the Owner. The individuals must be officers for the development Entity or the
individual(s). Also include the name and title of the person who will sign as an Attest for corporations.
Name:Title:
William Coulson_______Member
Attest: