SDCo Escrow Disbursement Request 03 (2017-07-03)ROBERT GREEN
July 3, 2017
Steve Howlett
CITY OF LA QUINTA
78495 lie Tampico
La QuIonta, CA 92253
SUBJECT: SILVERROCK GOLF COURSE REALIGNMENT PRO
Dear Mr. Howlett,
ff
As required by PSDA Amendment #2 and the attendant "Golf Course Realignment Funds Disbursement
Agreement' executed on May 10o 2017, SlIverRock Development Company, LLC respectfully requests a
om escrowed proceeds in the amount of $15,000.00A
J E CT ama Request #3 for
via email
Escrow Disbursement
disbursement fr
This request I s for Si Ive rRock Development Company, LLC to be recompensed
payment to Ray Scofield for golf course shaping services during the period o
attached documentation.
from escrowed funds for its
f June 1- 30f 2017, per the
I have reviewed the application and concur that the work for which this application is made is complete.
Please contact me with any questions, and thank you for your kind consideration.
Sincerely,
SilverRock Development Company, LLC
A Delaware Limited Liability company
By: RGC La Qu *1 nta LLC
A Delaware Limited Liabl'ifty company
Its Managing member
By: The Robert Green Company
A California Corporation
Its Managing member
F
B Y*6
Name: John Odin
Its,: Project Executive, on behalf of Robert S. Green, President
C-0C Robert S. Green
Sonya Murillo
Attachments;
SI'OlverRock Development Company
Escrow Disbursement Request # 3
July 3, 2017
The undersigned, on behalf of StIverRock Development Company, LLC hereby
requests a disbursement in 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 Quints ("City') and Si"IverRock Development Company, LLC
(ODevelopere").
To balance of available funds for disbursement $1,8730845230
Total amount requested for this disbursement,, $15F000900
Balance after this disbuirsement: $1858 0845 a30
Disbursement instructions as follows:
• Form of payment Check
• Amount: $15,000-00
• Payable to: SI*IverRock Development Company, LLC
• Mail to: 3551 Fortuna Ranch Road. Encinitas, CA 92024
Developer hereby represents and warrants to City that
1. The requested disbursement shall be applied to pay costs in accordance with
the itemized payment request attached.
2. All costs shown 4W in prior Disbursement Requests are authorized in the
Agre e ent Developer has received valid conditional or unconditional lien
releases or wa'Oivers from all contractors, subcontractors and materialmen
with respect to all payments made for work and materials if the work or
materials could give rise to a mechanic's or a materialmen's lien against the
Property, and Developer has no knowledge of any mechanic's lien claims
against the property:
3. The attached payment request is an accurate and complete statement of all
amounts previously Paled or now due and all amounts expected to be incurred
in connection with the completion of the work.
A. All representations and warranties in the Agreement and the other
agreements and/ or documents executed by Developer with respect to the
Protect 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:
w7 /aS 1r7
PAYMENT APPROVED0
:
i
'-m
UCVCIV�/C1
Designated Represents
Steve Howlett, Facilities Director, City of La Quints
ti*ve
V
APPROVED 7/03/2017 BY JG
CITY OF LA QUINTA ESCROW ACCOUNT WILL BE INVOICED BY SDC
Bill To:
SliverRock Development Company,, LLC
3551 Fortuna Ranch Road
Encinitas, CA 92024
Services Provided By,:
Ray Scofield
78593 San Marino Ct
La Quanta, CA 92253
ri G"IL 13 � ow Ta- ye
Invoice Date: July 3, 2017
For shaping consultant services provided from June 1,, 2017 through June 29,, 2017-ow
Please remit payment accordingly.
.4
Ir
h
$ 15JO000,000
■