SDCo Escrow Disbursement Request 06 (2017-07-18)THE
ROBERT GREEN
C O M P A N Y
July 18, 2017
Steve Howlett
CITY OF LA QUINTA
78495 Calle Tampico
La Quinta, CA 92253
via email
SUBJECT: SILVERROCK GOLF COURSE REALIGNMENT PROJECT — Request #6 for Escrow Disbursement
Dear Mr. Howlett,
As required by PSDA Amendment #2 and the attendant "Golf Course Realignment Funds Disbursement
Agreement" executed on May 10, 2017, SilverRock Development Company, LLC respectfully requests a
disbursement from escrowed proceeds in the amount of $17,502.50.
This request is for Casa Verde Golf and Landscape LLC to be paid directly from escrowed funds for project
oversight services during the period of July 1-15, 2017, and for shaping consultant services (Ray Scofield)
for the period of July 16-31, per attached documentation. This will allow us to pay Ray quickly and keep
him motivated going into the final stretch.
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 Quinta LLC
A Delaware Limited Liability company
Its Managing member
By: The Robert Green Company
A California Corporation
Its Managing member
By: ?
Name: 1oh mlin
Its: Project Executive, on behalf of Robert S. Green, President
cc. Robert S. Green
Ed Boyd
Sonya Murillo
Attachments;
SilverRock Development Company
Escrow Disbursement Request #6
July 17, 2017
The undersigned, on behalf of SilverRock 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 Quinta ("City") and SilverRock Development Company, LLC
("Developer").
Total balance of available funds for disbursement: $1,512,756.87
Total amount requested for this disbursement: $17,502.50
Balance after this disbursement: $1,495,254.37
Disbursement instructions as follows:
• Form of payment: Check
• Amount: $17,502.50
■ Payable to: Casa Verde Golf and Landscaping LLC
• Mail to: 7025 E Greenway Pkwy #550, Scottsdale, AZ 85254
Developer hereby represents and warrants to City that:
1. The requested disbursement shall be applied to pay costs in accordance with
the itemized payment request attached.
All costs shown in prior Disbursement Requests are authorized in the
Agreement, Developer has received valid conditional or unconditional lien
releases or waivers 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 paid or now due and all amounts expected to be incurred
in connection with the completion of the work.
4. All representations and warranties 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: July 17, 2017
Developer
Designated Representative
PAYMENT APPROVED:
Steve Howlett, Facilities Director, City of La Quinta
APPLICATION AND CERTIFICATION FOR PAYMENT
TO OWNER: SilverRock Development Company, LLC PROJECT: SilverRock Resort
do The Robert Green Company 79179 Ahmanson Ln
3551 Fortuna Ranch Road La Quinta, CA 92253
Encinitas, CA 92024
Contact: Mr. John Gamlin
FROM CONSULTANT: Casa Verde Golf end Landscaping LLC VIA ARCHITECT:
7025 E Greenway, Pkwy #550
Scottsdale. AZ 85254
CONTRACT FOR: Golf Course Realignment - Consultant
CONSULTANT'S APPLICATION FOR PAYMENT
Application is made for payment, as shown below, in connection m(h the Contract
Continuation Sheet, Documeat G703, is attached
I ORIGINAL CONTRACT SUM
5
70,010.00
2 Net change by Change Orders
5
U�.�U
3. CONTRACT SUM TO DATE (Lim 132)
S
7U,UJU.I81
4 TOTAL COMPLETED & STORED TO
S
5U,uu5 u
DATE (Column G on G703)
5 RETAINAGE:
a. 0 9 of Cornpleled Work S
0
(Column D + E on G703)
b. 0 m of Stored Material $
0 .
( .— F on G703)
Total ReWaage (Linea 5a+51b or
Total in Column 1 of G703)
S
0.00
6. TOTAL EARNED LESS RETAINAGE
$
50,UU3.00
(Line 4 Less Line 5 Tots])
7. LESS PREVIOUS CERTIFICATES FOR
PAYMENT (Live 6 from prior CerRficals)
S
32,502.50
8 C7URRENT PAYMENT DUE
$
A
9. BALANCE TO FINISH, INCLUDING RETAINAGE
$
(Line 3 less Line 6)
—Atn r-unuea er l.amnnt
"MLIUNa
urJAaLJRRN]
7 JIal a"w-d Chance Ordees in �f✓leel yareal A0AWx0v
W.r91
7000
Total Wtp TotrPsnl r ..Fat Orden fa Ilds
io 00
5",
TOTALS
$n 00
$0 00
NET CHANGES by Chance Order
$0 00
$0 00
DOCUMENT 032015
APPLICATION NO:
APPLICATION DATE
PERIOD TO:
PAYMENT DUE:
PROJECT NOS
PAGE ONE OF 1 PAGES
2
Distribution to:
07/13/17
GR
07/14/17
pq0'rrK1T
07/24/17
CONNTPACC17R
CONTRACT DATE. June 26. 2D17
The undersigned Consultant certifies that to the best of the Consultant's knowledge,
lafarmclon and belief the work comvd by thlr Appikativn (m Prtyrti M tk" bate
Paapkred ut swoultu e x th the Crdaract Deearl> us. that all J.Mmnla rtaW born pans ny
try consul1w im wank Ibl Wi toll plevltws Catlfictla (n Pa)rnenl waa Iwow ml
ptyments n Ived Sant 04 ()Awr, wld Out 9UUME Pylartcnt Ow" hetein A IK� On
CONSULTANT: r�at Casa Verde Golf and Landscaping LLC
By, `]vafogvq6e Date: July 13, 2017
CONTINUATION SHEET
SilverRock Development Company, LLC
APPLICATION NO.
PROJECT NO:
A B
C
ITEM
SCHEDULED
NO. WORK
VALUE
1 oEiiixmtogn I 7 0
8 p�nitl`I���Ce l4l�i nn kConsultallon 17250.00
4 �fll�plTSp Co eu(lent SUB -TOTAL 5 jg.ii oo
JG NOTES
This Application:
2 APPLICATION DATE:
PERIOD TO:
IJ
F
WUHr, W&,A
MATERIALS
FROM COMPLETED
PRESENTLY
PREVIOUS THIS PERIOD
STORED
APPLICATION
(D + E
(Not in D or El
1, syy ppqq �gp I s
5561
e�Y2.'U
,
Page 1 of
07/13/17
07114)17
JAL
r1
I
COMPLETED
%
BALANCE
AND STORED
TO FINISH
TO DATE
(D+E+
(C-G)
9 00
20,005.00
- Pays CVG for oversight services and field supervision from 7-1 - 7-15-2017
- Allows for timely payment of shaper Ray Scofield's services for period from 7-16 - 7-31-2017