SDCo Escrow Disbursement Request 08 (2017-08-08)THE
ID KOBERT GREEN
C O M P A N Y
August 8, 2017
Steve Howlett
CITY OF LA QUINTA
78495 Calle Tampico
La Quinta, CA 92253
via email
SUBJECT: SILVERROCK GOLF COURSE REALIGNMENT PROJECT— Request #8 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 $7,085.00.
This request is for Ray Scofield to be paid directly from escrowed funds for project shaping services during
the period of August 5, 6, & 7, 2017. Mr. Scofield's initial term of engagement had concluded on July 31,
but SDC requested he return to the site to complete urgent unfinished work resulting from site delays due
to lack of greens mix material. SDC agreed to pay Mr. Scofield an incentive on top of his daily rate.
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
B:
Name: Joh Ga Iin
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 #8
August 8, 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: $1,485,251.87
Total amount requested for this disbursement: $7,085.00
Balance after this disbursement: $1,478,166.87
Disbursement instructions as follows:
• Form of payment: Check
• Amount: $7,085.00
• Payable to: Ray Scofield
• Mail to: 78593 San Marino Ct., La Quinta, CA 92253
• Phone #: 760-808-6980
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 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: ` 6
Developer
Designated Representative
PAYMENT APPROVED:
Steve Howlett, Facilities Director, City of La Quinta
APPROVED TO PAY
Jc - 8/08/2017
Bill To:
SilverRock Development Company, LLC
3551 Fortuna Ranch Road
Encinitas, CA 92024
Services Provided By:
Ray Scofield
78593 San Marino Ct.
La Quanta, CA 92253
Phone: 760-808-6980
Invoice Date: August 7, 2017
Invoice 8004
For shaping consultant services provided from August 5 through August 7, 2017 @ $695.00 per Day: $ 2,085.00
Bonus: $ 5,000.00
TOTAL: $ 7,085.00
Please remit payment accordingly.