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SDCo Escrow Disbursement Request 22 (2017-11-13)THE ROBERT GREEN C O M P A N Y November 13, 2017 Steve Howlett via email CITY OF LA QUINTA 78495 Calle Tampico La Quinta, CA 92253 1 SUBJECT: SILVERROCK GOLF COURSE REALIGNMENT PROJECT— Request #22 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 per the attached requests. This request is to directly compensate Universal Concrete Construction (UCC) for services performed during the SilverRock Golf Course Realignment Project. UCC was selected to build the new cart path connection between Hole #16 green (formerly #17) and Hole #17 tees (formerly #12) . I have reviewed the application (attached with Disbursement Request form) 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: John lin 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 #22 November 13, 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: $385,529.58 Total amount requested for this disbursement: $40,232.65 Balance after this disbursement: $345,296.93 Disbursement instructions as follows: • Form of payment: Check • Amount: $40,232.65 Payable to: Universal Concrete Construction Mail to: 81857 Villa Reale Dr. Indio, CA 92203 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: 11 /13/2017 Developer Designated Representative PAYMENT APPROVED: � -.—� Steve Howlett, Facilities Director, City of La Quinta Work is complete, OK to process and pay - JG - 11/13/2017 Universal Concrete Contruction 81857 Villa Reale dr. Indio Ca. 92203 760-702-8548 BILL TO Robert Green Company Silver Rock Resort ITEM 4"flat work,gray Clearing, Grabbing, Grading Sod Installation Sod credit SF SF SF EA DESCRIPTION Invoice l DATE INVOICE # 1 11/1/2017 134 SHIP TO DUE DATE P.O. NUMBER 12/1 /2017 QTY RATE AMOUNT 6.336 3.15 19,958.40 6.336 2.50 15,840.00 3.048 2.25 6,858.00 1-2,423.75 -2,423.75 Thank you for the opportunity, we appreciate your business. Subtotal 40,232.65 0% Tax Total 40,232.65 lip yf �` r F.--�- ri" .!: f 'Froryasa Heafignmenl � �i�ropunCr Ro�kipnitieni' �( - �i r ..