Loading...
SDCo Escrow Disbursement Request 02 (2017-07-03)h T11E ROBERT GREEN C o M P A N Y July 3, 2017 Steve Howlett CffY OF LA QUINTA 78495 Calle Tampico La Quinta, CA 92253 via email SUBJECT,: SILVERROCK GOLF COURSE REALIGNMENT PROJECT— Request #2 for Escrow Disbursement Dear Mr. As reauir Agreement' executed on May 10, 2017, SilverRock Development Company, LLC respectfully requests a Howlett, ed by PSDA Amendment #2 and the attendant "Golf Course Realignment Funds Disbursement disbursement from escrowed proceeds in the amount of $10,002.50,. This � equest is for Casa Verde Golf and Landscape LLC to be paid directly from escrowed funds for project oversight services during the period of June i - 30, 2017,, per attached documentation. I have reviewed the application and concur that the work for Please contact me with any questions, and thank you for your Sincerely, SilverRock Development Company, LLC A Delaware Limited Liability company By: RGC La Quinta LLC A Delaware Limited Liability Company fts Managing member By: The Robert Green Company A California Corporation Its Managing member By: Nar Its: Project Robert S. Green Ed Boyd Sonya Murilto Attachments; which this application is made is complete. kind consideration. Executive, on behalf of Robert S. Green, President SilverRock Development Company Escrow Disbursement Request # 2 July 3, 2017 The undersigned, on behalf of SilverRock Development Company, LLC hereby requests a dl*sbursementi'n the amount, and on the date, set forth, pursuant to Golf Course Realignment Funds Disbursement Agreement ("Agreement") dated May 18, 2017 between City of La Quin ("City") and SilverRock Development Company, LLC ('Develop ereo),, Total balance of available funds for disbursement $1,883,,847.80 Total amount requested for this disbursement: $10,002.50 Balance after this disbursement $1,873,845.30 Disbursement instructions as follows: • Form of payment: Check • Amount $10#002.50 • Payable to: Casa Verde Golf and Landscaping LLC • Mail to: 7025 E Greenway Pkwy #550, Scottsdale, AZ 85254 Developer hereby represents and warrants to Ci that: f 1. The requested disbursement shall be applied to pay costs in accordance with the itemized payment request attached. 2. All costs shown i"n prior Disbursement Requests are authorized in the Agreement, Developer has received valid conditional or unconditional lien releases or waivers From all contractors,, subcontractors and atensalmen with respect to all payments made for work and materials if the work or materials could give rise to a echanic's or a materl"almen's lien against the 0- Property,, and Developer has no knowledge of any mechanic's lien claims against the property. 3. The attached payment request i2s an accurate and complete statement of all amounts previously paid or now due and all amounts expected to be incurred in connection with the completion of the work. 4. All representations andW arranties in the Agreement and the other agreements and/ or documents executed by Developer with respect to the Project are true and correct as of the date of this request as if made on as of the date of this request No default by Developer remains uncured, and no event has occurred which, with the giving of notice or the passage of time or both, would constitute a default by Developer. Date: 7/5 ueveiopec- Designated Representative PAYMENT APPROVED0 : poolillillillIlIllIllllllllllllliiiiiilllI jjjjIIIWA"C� Steve Howlett, Facilities Director, City of La Qui*nta 4Mm ME �. w ME or APPLICATION AND CERTIFICATION FOR PAYMENT DOCUMOff032415 .�oePa aim im —1 I_ iiiiiiii Iw +►.ate__lll ill I I llmliiiiiqg�= . `7-m? 0 A - -,I - *la . j k ol, - M, WK -1 __ V A * 11 F i1 1 v4 bd 7p I cT Ml ml FROM OMSULNTMff an Cs Yvd� Cdf m0 Laod�opLq IJ.0 + &61 '1 rJ177: lllq� CONSULTANrS APPLICATION FOR PAYMENT C=um- naftanu 11; 1,QM.0 Is it c+ r live 4k@-' Z I DATE (CoMmw GamGm) I RE:AINAGB: �■ d 1"j7- a o � orCo=hmea wo,k s o D e 8 ae 0703) 0. OSO(SMKW Mlaraid S 0 (colum F 00 G70)) TOW WWoyeQJoN39 +7ba 79179 Ahnuumm la Ls Qui CA 92253 1A JL A I Ewa f l F rP 1 1 • lei L- - - - a r■ . iLpq—p'V1a -+ ■� i ■ ,� • M AN MEN- ---- — "PLXAMN DATE PWODlM�w PAYMEM C'pNl'RACC DATE I 07/W17 06W17 YM7 June 2017 lolf rlru 1 l i -0. L11-0,; 0 be 14 ■ 1 �■ 1� 1 �� !i ri rY t� F ! r i dw V #i -Ph 4 R ■,lr "HIP i R 1 i ��� * +t� t i f ■■■ h * 1 4 ! r 17 7 j f 1 r■ + NONE 0 pop IL 14 RK� f y V ink W-9 2017 v IF 9 wool" F I I 03 WD. 01.} f Lip a 7e. \00p - CAIA VtWE Cv<XF # all F' ■ ■ 2 2 L , ITZT., " A 79179 Ahmanson UL U Quint&, CA 92253 0 ■ f � C 14 -- f 3M e!� rod �oIM11prtbn a Mbc. Tr" crMq I L$ Lr�p� • /st�i an USgIM1GM i.�rsr�w��a"t� -pp*. �. r ■ I a # f t i y p 3F�t#�► r OrN1r RrtR wr�v� Maur # rl� WIWr �'Mr is AL ---a-M � �t AIL ar-arr OWIF i ■ 1 �, .; I 2 "Oil 0 �.r� a hFM MIN I j WN MaO* Raft - IOW " -fts-T"W Gow R+ir � tr+tTll PROPOSAL y 11 y__—- _.a---___