HomeMy WebLinkAboutSUNDERING TOWNHOMES PUD - Filed DCP-DEV. CONSTRUCTION PERMIT - 2008-07-31%W COPY
fifiliated National Bank
hWEIVIEU
2000 South College Avenue
OCT 2 „ ,. 1992 Post Office Box 1728
Ft. Collins. Colorado 80522 1728
303-484-2822
FnnigpArInn Dept FAX 303 484.8156
October 06, 1992
City of Fort Collins
300 LaPorte Avenue
Fort Collins, CO 80521
Re: Letter of Credit No. DJO-102-1992
Expiration date: October 6, 1994
Dear Sirs:
We hereby establish, at the request and for the account of
John H. McCoy, in your favor as beneficiary, our Irrevocable Letter
of Credit No. DJO-102-1992, in the amount of Twenty One Thousand
Three Hundred Twenty Two Dollars and Fifty Cents ($21,322.50)
effective immediately and expiring at the close of banking business
on October 06, 1994, at our office at Affiliated National Bank,
2000 South College Avenue, Fort Collins, Colorado.
This Letter of Credit is intended for the Sundering Town Home
improvements project for the assurance of the completion of storm
drainage improvement. Funds under this Letter of Credit are
available to you for one or more drawings prior to the close of
business on October 06, 1994 against sight drafts in an aggregate
cumulative amount not to exceed $21,322.50 dated the date of
presentment, drawn on our office referred to above, referring
thereon to the number of this Letter of Credit and accompanied by
your written certificate signed by you and acknowledged as therein
provided in the form of Exhibit 1 hereto.
Presentation of such draft and certificate shall be made at
our office referred to above.
Upon the earlier of (i) our honoring your draft(s) totaling
$21,322.50 in the aggregate presented on or before this Letter of
Credit expires pursuant to the terms herein or (ii) the surrender
to us by you of this Letter of Credit for cancellation, this Letter
of Credit shall automatically terminate.
0
`.i
City of Fort Collins
October 06, 1992
Page 2
This Letter of Credit shall be governed by the laws of the
State of Colorado, including the Uniform Commercial Code as in
effect in the State of Colorado. Communications with respect to
this Letter of Credit shall be addressed to us at the office
referred to above, specifically referring to the number of this
Letter of Credit.
This Letter of Credit is not transferrable.
This Letter of Credit sets forth in full our undertaking, and
such undertaking shall not in any way be modified, amended,
amplified or limited by reference to any document, instrument or
agreement referred to herein, except only the certificate and
draft(s) referred to herein; and any such reference shall not be
deemed to incorporate herein by reference any document, instrument
or agreement except for such certificate and draft(s).
Sincerely,
`--7Don Oster elt
Vice Pr sident Issuer
*1r
`40
[BANK LETTERHEAD]
[DATE]
City of Fort Collins
300 LaPorte Avenue
Fort Collins, CO 80521
Dear Sirs:
We hereby establish, at the request and for the account of
in your favor as beneficiary, our Irrevocable Letter of Credit No.
, in the amount of
Dollars ($ ) (as more full described below),
effective immediately and expiring at the close of banking business
on , unless automatically renewed as herein
provided, at our office at
This Letter of Credit is intended for the
the completion of project for the assurance of
Funds under this Letter of Credit are available to you for one or
more drawings prior to the close of business on
(unless automatically renewed as provided herein) against sight
drafts in an aggregate cumulative amount not to exceed $
dated the date of presentment, drawn on our office referred to
above, referring thereon to the number of this Letter of Credit and
accompanied by your written certificate signed by you and
acknowledged as therein provided in the form of Exhibit 1 hereto.
Presentation of such draft and certificate shall be made at
our office referred to above.
Upon the earlier of (i) our honoring your draft(s) totaling
$ in the aggregate presented on or before this Letter
of Credit expires pursuant to the terms herein or (ii) the
surrender to us by you of this Letter of Credit for cancellation,
this Letter of Credit shall automatically terminate.
This Letter of Credit shall be automatically renewed annually,
commencing immediately before the end of the initial term or any
renewal term, unless'the issuer is notified in writing by the
beneficiary sixty (60) days prior to such annual expiration date
that this Letter of Credit is cancelled. The issuer may terminate
this Letter of Credit at the end of the initial term or any renewal
term provided that the issuer give the beneficiary sixty (60) days'
advance written notice of the issuer's intent to so terminate.
EXHIBIT 1
CERTIFICATE
The undersigned hereby certif`_=_s as follows with respect to
the certain Irrevocable Letter of Credit No. dated
established in favor of The City ofCollins,
Fort CColorado (the "Letter of Credits):
(a) He (She) is authorized to execute this Certificate
on behalf of The City of Fort Collins;
(b) The sum of $ which is the
amount of the draft presented with this
Certificate, is the amount currently due to The
City of Fort Collins from
(c) The amount of the accompanying draft together with
all previous draws under the Letter of Credit do
not exceed in the aggregate $
and
(d) The Letter of Credit has not expired.
IN WITNESS WHEREOF, the undersigned has executed this
Certificate on behalf of The City of Fort Collins this day of
THE CITY OF FORT COLLINS, COLORADO
A Municipal Corporation
By:
Title:
STATE OF COLORADO )
)ss.
County of Larimer )
Subscribed and sworn to before me this day of
T_, 1991, by , as authorized
officer of The City of Fort Collins, Colorado.
Witness my hand and official seal.
Notary Public
My Commission Expires:
%W v%O
City of Fort Collins
[DATE]
Page 2
This Letter of Credit shall be governed by the laws of the
State of Colorado, including the Uniform Commercial Code as in
effect in the State of Colorado. Communications with respect to
this Letter of Credit shall be addressed to us at the office
referred to above, specifically referring to the number of this
Letter of Credit.
This Letter of Credit is not transferrable.
This Letter of Credit sets forth in full our undertaking, and
such undertaking shall not in any way be modified, amended,
amplified or limited by reference to any document, instrument or
agreement referred to herein, except only the certificate and
draft(s) referred to herein; and any such reference shall not be
deemed to incorporate herein by reference any document, instrument
or agreement except for such certificate and draft(s).
Sincerely,
[NAME]
(TITLE] Issuer
ThePrudential
McElroy McCoy
REALTORS®, Inc.
3665 JFK Parkway
Building One, Suite 100
Fort Collins, CO B0525
(303) 226-5511
April 1, 1994
Mr. Glen Schlueter
Civil Engineer Storm Drainage
P.O. Box 580
Fort Collins, CO 80522
Dear Mr. Schlueter,
Oave
..rC''PL.G' v.. [:.;'1� e' .-_� -!` •d?aw-rL`isel ,G `±4.
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Please accept this letter as a request to release the letter of credit escrow for storm
drainage improvements in Sundering Townhomes.
The improvement was to run through an easement across vacant property east of
Sundering to Spring Creek. The property is now owned by me with one phase of the
plan finaled by the city, but not recorded, and the other phase scheduled for approval
the end of April. The developments are known as Windtrail.
If you have questions, please don't hesitate to call at 226-5511. Thank you for your
consideration of this matter.
M IMepeMenlry Owned and OPeretaU Member M Th. Fmdenhal Real Estate Affiliates. Inc.
Commun-%rf Planning and Environmental S*Oices
Engineering Department
City of FortCollins
DATE: April8,1994
TO: Edna Hoernicke, Chief Accountant
FROM: Dave Stringer, Chief Engineering Inspector^zuqi�;�
RE: Release Letter of Credit Account
Please release the amount of$21,322,50, held in the form of Letter of Credit for Storm
Drainage Improvements at Sundering Town Homes
Release the amount of$21,322.50 to:
John H. McCoy
The Prudential
3665 JFK Parkway
Building One, Suite 100
Fort Collins, CO 80525
Phone: 303-226-5511
cc: Sundering Town Homes
281 North Coltege Avenue • P.O. Box 580 • Furl Collins, CO 80 i2'_-OW • .303) 22t-6non