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HomeMy Public PortalAboutTBP 2011-06-15 BOARD OF TRUSTEES REGULAR MEETING AGENDA WEDNESDAY,JUNE 15,2011 FRASER TOWN HALL Members of the Board may have dinner together @ 5:30 p.m. -Fraser Town Hall 1.Regular Meeting - 6:00Roll Call 2.Approval of Agenda 3.Executive Session: For a conference with the Town’s Special Counsel for the purpose of receiving legal advice on specific legal questions under C.R.S. Section 24-6-402(4)(b) and for the purpose of determining positions relative to matters that may be subject to negotiations,developing strategy for negotiations, and/or instructing negotiators, under C.R.S. Section 24-6-402(4)(e) regarding sewer line sharing agreements. 4.Consent Agenda 7:00 a)Minutes –June 1, 2011 5.Signing Ceremony - Execution of the Memorandum of Understanding with the Chamber of Commerce 6.Open Forum a)Business not on the agenda 7.Updates a)Headwaters Trail Alliance b)Business Without Borders “Keep the Bucks in Grand County” Program 8.Public Hearings a)Planned Development District Plan and Final Plan/Development Permit The Village at Grand ParkLot 12A b)Utility Easement Vacation Lot 12A, The Village at Grand Park 9.Discussion and Possible Action Regarding a)Resolution 2011-06-02Planned Development District Plan and Final Plan/Development PermitThe Village at Grand ParkLot 12A b)Resolution 2011-06-03 Utility Easement Vacation Lot 12A, The Village at Grand Park c)Resolution 2011-06-04 Minor Plat Amendment Revised Final Plat Phasing Plan,The Village at Grand Park-Filing 2 d)Resolution 2011-06-05 Final Plat The Village at Grand Park Filing 2, Lot 12A & Tract D e)Resolution 2011-06-06 Village Snow Management Agreement 10.Community Reports 11.Staff Reports 12.Other Business Upcoming Meetings: Wed.June 22,2011Planning Commission Wed.July 6, 2011Board of Trustees Lu Berger Posted June 13, 2011 Town Board Briefing June 15, 2011 TheRegular Meeting will begin at 6pmwith an executive sessionregarding line sharing agreements for sewer mains. We’ll have a little ceremony for the execution of the Memorandum of Understanding with the Chamber ofCommerce. Nothing fancy, but this is a positive conclusion to the discussions that had been ongoing since late last year and we’re happy to see this moment. Headwater Trails Alliance will be providing the Board with a brief update on their progress on various projects throughout the County. Business Without Borders will also provide an update on their newest effort, the “Keep the Bucks in Grand County” Program. See enclosed briefing from the Town Planner regarding the Public Hearing and Action Items, these all relate to a development at the South end of the Village at Grand Park. As always, feel free to contact me if you have any questions or need any additional information. Town of Fraser PO Box 370, Fraser, CO 80442 office 970-726-5491fax 970-726-5518 www.frasercolorado.com FRASER BOARD OF TRUSTEES MINUTES DATE: Wednesday,June 1, 2011 MEETING: Board of Trustees Regular Meeting PLACE: Fraser Town Hall Board Room PRESENT Board: Mayor Fran Cook; Mayor Pro-Tem Steve Sumrall; Trustees: Peggy Smith, Vesta Shapiro,Scotty Brent, Joyce Burford and Eric Hoyhtya Staff: Town Manager Jeff Durbin;Town Clerk, Lu Berger; Finance Manager Nat Havens;Public Works Director Allen Nordin; Town Planner, Catherine Trotter; Police Chief, Glen Trainor, TA McGowan, PS Fuqua Others: See attached list Mayor Cook called the meeting to order at 6:03 p.m. 1.Regular Meeting: Roll Call 2.Executive Session: For a conference with the Town’s Special Counsel for the purpose of receiving legal advice on specific legal questions underC.R.S. Section 24-6-402(4)(b) and for the purpose of determining positions relative to matters that may be subject to negotiations, developing strategy for negotiations, and/or instructing negotiators, under C.R.S. Section 24-6-402(4)(e) regarding an annexation agreement. motion Trustee Shapiromoved, and TrusteeSumrallseconded the to openthe Executive Session for a conference with the Town’s Attorneyfor the purpose of receiving legal advice on specific legal questions under C.R.S. Section 24-6-402(4)(b) and for the purpose of determining positions relative to matters that may be subject to negotiations, developing strategy for negotiations, and/or instructing negotiators, under C.R.S. Section 24-6-402(4)(e) regarding an annexation agreementand to include TA McGowan, TP Motion carried: 6-0. Trotter, PW Nordin, SC Fergusonand TM Durbin. motion Trustee moved, and Trusteeseconded the to closetheExecutive Session regarding a conference with the Town’s Special Counsel for the purpose of receiving legal advice on specific legal questions under C.R.S. Section 24-6-402(4)(b) and for the purpose of determining positions relative to matters that may be subject to negotiations, developing strategy for negotiations, and/or instructing negotiators, under C.R.S. Section Motion carried: 6-0. 24-6-402(4)(e) regarding an annexation agreement. Attorney’s Opinion Required by C.R.S. 24-6-402(2)(d.5)(II)(B). As the attorney representing the Town of Fraser, I am of the opinion that the entire Executive Session, which was not recorded, constituted a privileged attorney-client communication. Rod McGowan, Legal Counsel Page 2of 3 TA McGowan left the meeting. 3.Approval of Agenda: motion Trustee Hoyhtya moved, and Trustee Brent seconded the to approve the Motion carried: 6-0. Agenda. 4.Consent Agenda: a)Minutes –May 18, 2011 motion Trustee Sumrall moved, and Trustee Brent seconded the to approve the consent Motion carried: 6-0. agenda. 5.Open Forum: Bob Bielenbergmember of the Grand County Council on Aging introduced himself to the Board. Bob thanked the Town for making available a place for the local seniors to meet for lunch. 6.Updates: 7.Public Hearings: 8.Discussion and Possible Action Regarding: a)Audit Presentation PaulBackes, Town auditor briefed the Board on the 2010 audit results. b)East Grand Education Foundation Contribution The Board directed staff to write a letter of support expressing the Board’s desire to stay engaged with the East Grand School District and the Grand Foundation. No monetary contribution will be given at this time. c)Resolution 2011-06-01 Authorizing Street Projects Contracts PW Nordin had supplied a supplemental briefing regarding the street projects in the packet. motion Trustee Brent moved, and Trustee Hoyhtya seconded the to approveResolution Motion carried: 6-0. 2011-06-01 Authorizing Street Projects Contracts. Sumrall -AyeSmith -Aye Brent -AyeShapiro -Aye Hoyhtya -AyeCook –Aye d)Cozens Pointe proposed amendment to the Subdivision Improvement Agreement and related release of surety Page 3of 3 TP Trotter briefed the Board on Cozens Pointe’s request for release of surety and the amendment to the Subdivision Improvement Agreement. Board directed staff to move ahead with the reduction of surety. e)Ordinance 381 Amending Article 7-5-40 of the Town Code (Open Burning) TM Durbin briefed the Board on the need to clarify burning restrictions within the Town of Fraser. motion Trustee Brent moved, and Trustee Hoyhtya seconded the to approveOrdinance 381 Amending Article 7-5-40 of the Town Code (Open Burning)including Exhibit A and Motion carried: 6-0. amendments to Exhibit A. f)Adopt an Open Space Program TM Durbin outlined the proposed open space adoption program for the Board. Now that there are consumption charges on the water bills, this would allow the people in the community that water Town’s open spaces a credit on their water bills. motion Trustee Hoyhtya moved, and Trustee Brent seconded the to approvethe Adopt Motion carried: 6-0. an Open Space Program. g)Business Enhancement Grant Program TM Durbin summarized the program for the Board. Each grant request would be reviewed by the Town Board. motion Trustee Brent moved, and Trustee Shapiro seconded the to implement the Motion carried: 6-0. Business Enhancement Grant Program. h)Zoning Board of Adjustments Appointments TM Durbin explained to the Board that the members of the ZBA need to be reappointed to the Board due to term limit requirements. All current ZBA members have expressed interest in being reappointed. The Board directed staff solicit other interested parties. Trustee Brent left the meeting. 9.CommunityReports: 10.Other Business: motionMotion Trustee Shapiro moved, and Trustee Hoyhtya seconded the to adjourn. carried: 5-0. Meeting adjourned at 9:20p.m. Lu Berger, Town Clerk ��pP4,�. 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I- 0 W W D V) Q Z Q Q Ji Q O D CL I- 0_ 0_ 0_ W Q 0 Z I- 0 I-I U vj W 0_ L.LJ Z 07 07 H 1:1:1 Z (/) O H O Z()I- O 1 11 00 ‚3. u.00mo m om m.o.nvnnmnmn.mo.o.mnmn.oaa, uJ V Ey 0 0 wwu\ I m U N W J q H co Z 2 2 0 U w i Q /6666 :26616.2 662'6\ r 0 N d7 C s +1 N15° 4g 8Z 333 1A/IS /IA/IN 3NI7 z zw0 z 0 w N N 0 �w Z cn I m 0_ X 0 w CC 0_ 0 0 0_ m1 HuHt HuHt 0 0 Land Use Application Form PROJECT NAME: Utility Easement Vacation Lot 12A, Village at Grand Park DATE RECEIVED: l APPLICATION FEE: TYPE OF APPLICATION: Annexation, Zoning, Concept Plan Conditional Use As Built Plat Site Plan Vacation of Street or Easement Final Planned Development Plan PROJECT INFORMATION: Applicant's Name Grand Park Development LLC Address P.O. Box 30 City Winter Park Phone Number +1 (970) 726 -8600 Total Acreage of Property Under Consideration: Number of Commercial Lots: 1 Property Owner Grand Park Development LLC Address P.O. Box 30 State CO Zip Code 80482 City Winter PHI State CO Zip Code 80482 Phone Number +1 (970) 726 -8600 HEARING DATE: Change of Zone Final Plat Planned Unit Development Sketch Plan Variance Project Location Lot 12A, Village at Grand Park Existing Zoning Business PDD Proposed Zoning Same Legal Description of Property (lots, blocks, tracts, subdivision name, or metes bounds attach additional sheet, if necessary): See Attached Easement Vacation Area Proposed 88.67 sq. ft. Number of Existing Residential Lots: /VA Number of Proposed Residential Lots: 4/4 Type of Housing Proposed: NA Number of Proposed Commercial Lots: 4/ COnSUltant Mountain States Surveying Address P.O. Box 1381 City Fraser Phone Number Development Permit Minor Subdivision Plat Preliminary Plat Ei Subdivision Exemption Other State Co Zip Code 80442 +1 (970) 726 -9585 CERTIFICATION I hereby affirm that I have full legal capacity to authorize the filing of this application and that all information and exhibits herewith submitted are true and correct to the best of my knowledge. The Authorized Signer invites Town of Fraser representatives to make all reasonable inspections and investigations of the subject property during the period of processing this application. I further agree to pay all fees consistent with the Town of Fraser payment policies and comply with all Town Codes and regulations. I understand that all teria an fees required by the Town of Fraser must be submitted prior to having this application y p es i Authorized Signature* *If other than owner, attach letter authorizing agent on behalf of owner. BRIEF DESCRIPTION OF DEVELOPMENT: Date: 05 24 11 The applicant is proposing a bowling alley and movie theater on Lot 12A of the Village at Grand Park. The Lot 12A Final Plat has not yet been approved by the Town of Fraser Board. Applicant suggests the portion of the easement to be vacated be vacated on the Final Plat for Lot 12A. A map and legal description of the area to be vacated is attached hereto. PUBLIC NOTICE At least fourteen (14) days in advance of the public hearing the applicant shall provide written notice to all owners of property within two hundred feet (200 of the boundaries of the property that is the subject of the application. Such notice shall be sent via certified mail, return receipt requested and shall include the following information: A copy of the complete application, with all accompanying materials, the name, address and phone number of the authorized contact for the applicant and the time, date and place of the public hearing. The applicant shall provide the Town with a written affidavit prior to the time of the public hearing reflecting the date of mailings and the names, addresses and legal descriptions of all parties to whom the notifications were transmitted, together with a complete copy of the materials included in the mailing. Failure to properly mail the documents, notify the necessary parties, and /or provide the required affidavit shall be grounds for denial of the application or a continuance of the public hearing until such notice is provided. See sample letter in complete application. Project Description Grand Park Development has submitted a petition to vacate a portion of the Town of Fraser Utility Easement recorded at Reception No. 2008-.007838. This utility easement is located in the Village at Grand Park and was granted to the Town of Fraser by Grand Park Development in 2008. The purpose of the vacation is to allow for the construction of a new bowling alley and movie theater. The northeast corner of the building clips the corner of the easement. The building will not impact any existing utility lines which will be maintained in their current location. Grand Park Development is seeking approval for a rezone to PDD, Final Plan and Development Permit for the 0.814 acre property previously known as the McConnell Parcel, located just north of Pine Tree Plaza. Grand Park is proposing to rezone from Business to PDD. This rezone will make this parcel's zoning consistent with the rest of the Village at Grand Park and provide the necessary entitlements to begin construction on a movie theater/bowling alley in Fraser. The purpose of the rezone application is to ensure consistency in development standards over Lot 12A as currently this lot has split zoning. In conjunction with the utility easement vacation and the rezone, Grand Park Development is proposing to amend the Final Plats for the Village at Grand Park Filings 2B, 2C, 2D, and 2E which were approved by the Fraser Town Board on June 16, 2008 but have not yet been recorded. Grand Park Development is proposing to modify the phasing and timing of the recordation process. In addition, the applicant proposes to split lot 12 into lots 12A, 12B and 12C and lots 10 and 11 into lots 10, 11A and 11B creating a total of 14 lots within the Village at Grand Park, Filing 2. The roadways and configuration of Filing 2 does not change with this amendment. Grand Park Development proposes that the filing be recorded on a lot by lot basis as shown on the phasing plan in order to better respond to the changing marketplace. This will allow the applicant to record only the lots and tracts that are to be developed at that time. Page 1 of 2 LEGAL DESCRIPTION A parcel of land located in the West Half of Section 28, Township 1 South, Range 75 West of the Sixth Principal Meridian, Town of Fraser, County of Grand, State of Colorado, being more particularly described as follows: Commencing at the Southwest Sixteenth (1/16) corner of said Section 28 and considering the south line of the Northwest Quarter of the Southwest Quarter of said Section 28 to bear North 89 °33'56" East, with all bearings contained herein relative thereto (Basis of Bearing); Thence North 05 °34'26" West, 524.11 feet to a point on the existing Utility Easement Agreement recorded at Reception No. 2008 007838 of the property records of Grand County, said point being the Point of Beginning; Thence along said Utility Easement Agreement, North 35 °47'48" East, 11.86 feet; Thence leaving said Utility Easement Agreement, South 15 °47'12" East, 19.09 feet to a point on said Utility Easement Agreement; Thence along said Utility Easement Agreement, North 54 °12'12" West, 14.95 feet to the Point of Beginning. Said parcel contains 88.67 square feet, more or less. I, David R. Lutz, a duly I'peuniseid,,,),2nd surveyor in the State of Colorado, do hereby certify that thi�. l Rf ,c'1 tion and exhibit map represents the results of a survey made b Por• .ride 2- direction. lo \s) o I to.....40 David R. Lutz, PLS 7.-lo S> Colorado Profession& 5 -24 -11 cv; Land Surveyor No. 3 .••',P /VAL ni n AN)` .14 tm 1 T 1a (T A T TlT CPRT1JTTCINT S2 1a VT-TTRTT T\K AD s1 SCALE 1"=20' Page 2 of 2 THE of GDND 13� SIGN 1 ES MT. C DT L= 13.98' R= 100.00' 1 =8 °00'30" CH =N70 °05'54 "E 13.97' 6 C LOT 12A 35,437 SQFT 0.814 ACRES BASIS OF BEARINGS SOUTH LINE NW 1/4 SW 1/4 SEC. 28 N89 °33'56 "E 1285.89' POINT OF COMMENCEMENT SE COR. NW 1/4 SW 1/4 SEC. 28, T. 1 S, R. 75 W, 6TH P.M. FOUND 3 -1/4" ALUM. CAP IN RANGE BOX, PLS NO. ILLEGIBLE *Denotes only a change of direction or legal description call, not a set monument. 1 =5 °50'24" CH =N69 °00'51 "E 20.43' 9 POINT OF BEGINNING x 7.2 57 0910 W/ 2.00 L= 29.89' R= 19.50' 1 =87 °50'17" o?� CH =N61 °58'43 "W 03 ua 27.05' a` o 4 1 v_ .�F co .NG s 'DcFSO4,/, o °�oDSF� N 15 56 "06' "W 5.51' 51 NOTICE: According to Colorado law you must commence any legal action based upon any defect in this survey within three years after you first discovered such defect. In no event, may any action based upon any defect in this survey be commenced more than ten years from the date of the certification shown. T P(''_AT TlT 2,. 1'VLTTRT'T' TSAD TOWN OF FRASER, STATE OF COLORADO CERTIFICATE OF NOTICE TO MINERAL ESTATE OWNER The undersigned is the Applicant and /or the Surface Owner, as defined in section 24- 65.5 102(7), C.R.S. of the Surface Estate, as defined section 24- 65.5- 102(6), C.R.S., for which an application for development has been submitted to the Town of Fraser, State of Colorado, for one or more of the following land use actions: Minor Subdivision Final Plat, Major Subdivision Preliminary Plat, Subdivision Exemption, Planned Development District Plan, or development permit. The name of the application for development is as follows: Grand Park Development LLC C.R.S. §24 65.5 -101 et seq. and C.R.S. §31 -23 -215 impose certain requirements concerning notification to owners of severed mineral estates and other interested parties with respect to proposed surface development. The undersigned has read and fully understands those requirements. The undersigned hereby certifies that notice of such application has been provided to all mineral estate owners, lessees of mineral estate owners and any (other) surface owners in accordance with the requirements of C.R.S. §24- 65.5 -103 and /or 31 -23 -215, as applicable. Date Sur ace Owner STATE OF COLORADO County of GRAND Subscribed and sworn to before me this (2 day of by C. G p Witness my hand and official seal. (SEAL) i J 0.0TAp y P 1 43Si0n Expires OR Applicant (if different than Surface Owner) Notary Piyblic My commission expires: Town of Fraser PO Box 370, Fraser, CO 80442 office 970 726 -5491 fax 970- 726 -5518 www.frasercolorado.com 20 &2-/d,--73 THIS UTILITY EASEMENT AGREEMENT (this "Agreement is made and entered into as of this '1 day of Olt 4M 200 by and between GRAND PARK DEVELOPMENT LLC, a Colorado limited liability company, "Grantor and TOWN OF FRASER, a municipal corporation of the State of Colorado (the "Town A. Grantor is the owner of certain real property located in Grand County, Colorado, legally described on Exhibit A attached hereto and incorporated herein by reference (the "Grantor Property B. As a condition to the Town's approval of Grantor's development of the Grantor Property, the Town has required that Grantor grant to the Town an easement for the purpose of installing utilities designed to serve the Grantor Property. C. Grantor now desires to grant, and the Town desires to accept, an easement over the Grantor Property for the benefit of the Town, as set forth below. NOW, THEREFORE, in consideration of the foregoing and the covenants and agreements hereinafter set forth and for other good and valuable consideration, the receipt and legal sufficiency of which is hereby acknowledged, the parties hereby agree as follows: 1. Grantor does hereby grant, bargain, sell, and convey to the Town a perpetual non- exclusive easement (the "Easement over, under, through and across the real property in Grand County, Colorado, legally described on Exhibit B attached hereto and incorporated herein by this reference (the `Basement Area for the purposes of constructing, installing, operating, maintaining, repairing and replacing underground utility lines and all fixtures and devices reasonably used or useful in the operation of said lines (collectively, the "Utility Lines together with the right to enter upon the Easement Area to survey, construct, install, maintain, operate, repair, replace, control and use the Utility Lines and, subject to Section 2, to remove objects interfering therewith, including the trimming of trees and bushes. The work of installing and maintaining the Utility Lines shall be done with care and the surface along the Easement Area shall be restored substantially to its original grades, elevation and condition following completion of construction, installation, maintenance or repair within the Easement Area from time to time. Nothing contained herein shall obligate the Town to install the Utility Lines or otherwise provide for any such use. 2. The Town shall be solely responsible for maintaining the Utility Lines and shall promptly repair or replace any portion of the Easement Area or any improvements thereon damaged or destroyed in connection with the Town's use of the Easement Area. 3. Grantor reserves the right to grant additional non exclusive easement interests within the Easement Area so long as such interests do not materially adversely affect the use of the Easement Area by the Town as described in this Agreement. Grantor reserves the right to 803988.1 UTILITY EASEMENT AGREEMENT Recitals Agreement RECEPTION:: 2008007838, 08(13/2008 at 09:03:58 AM, OF 23, R Si 16.00 Additional Names Fee: Doc Code:AGR Sara L. Rosene, Grand County Clerk, Colorado use and occupy the Easement Area for any and all purposes not inconsistent with the rights and privileges granted herein. 4. To the maximum extent permitted by law, the Town will indemnify Grantor against any loss or damage caused by the exercise of the Town's rights under this Agreement, or by any wrongful or negligent act or omission of the Town or its agents, contractors, employees, permittees or assigns. 5. The grant of the Easement shall be subject to all prior easements, restrictions, reservations, rights -of -way, encumbrances, and other matters of record. 6. Each and every one of the benefits and burdens of this Agreement shall inure to and be binding upon Grantor, the Town and their respective successors and assigns. The burdens and benefits hereof shall run with the Grantor Property and any person or entity that acquires any interest in the Grantor Property shall be bound by the burdens and entitled to the benefits hereof. 7. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 803988.1 2 [Signatures on following pages] IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written. GRANTOR: GRAND PARK DEVELOPMENT LLC, a Colorado limite•- bility company By: C. C ipsco mb, Presiden TOWN: TOWN OF FRASER, a municipal corporation of the State of Colorado By GlA e ta\ Fran Cook, Mayor 803988.1 3 ATTEST: By: Town Clerk STATE OF COLORADO ss. COUNTY OF GRAND The foregoing instrument was acknowledged before me this day ofw t 200 by C. Clark Lipscomb, as President on behalf of Grand Park Develont LLC, a Colorado limited liability company. 803988.1 WITNESS my hand and official seal. MY commission expires: y -/U WITNESS my hand and official seal. MY commission expires: lo/4-pol 4 MARY KAY WRAY NOTARY PUBLIC STATE OF RAD© Notary Public My Commission Expires 04/11/2010 STATE OF COLORADO ss. COUNTY OF GRAND The foregoing instrument was acknowledged before me this e day of UC-\ 20( by Fran L '0A' as Mayor, and Lti, FX J f* To n Clerk of the Town of Fraser, a municipal corporation of the State of Colorado-/ EXHIBIT A LEGAL DESCRIPTION OF THE GRANTOR PROPERTY PARTS OF SECTIONS 20, 28, AND 29, TOWNSHIP 1 SOUTH, RANGE 75 WEST OF THE SIXTH PRINCIPAL MERIDIAN, TOWN OF FRASER, COUNTY OF GRAND, STATE OF COLORADO, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 20 AND CONSIDERING THE NORTH LINE OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 20 TO BEAR NORTH 89 °47'06" EAST WITH ALL BEARINGS CONTAINED HEREIN RELATIVE THERETO; THENCE NORTH 89 °47'06" EAST, ALONG SAID NORTH LINE, A DISTANCE OF 1316.72 FEET TO THE NORTHEAST CORNER OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 20; THENCE NORTH 89 °47'06" EAST, ALONG THE NORTH LINE OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 20, A DISTANCE OF 472.44 FEET TO A POINT ON THE WESTERLY RIGHT -OF -WAY LINE OF U.S. HIGHWAY NO. 40; THENCE ALONG SAID WESTERLY RIGHT -OF -WAY LINE THE FOLLOWING ELEVEN (11) COURSES: 1. THENCE SOUTH 66 °36'51" EAST, A DISTANCE OF 423.42 FEET; 2. THENCE SOUTH 65 °12'18" EAST, A DISTANCE OF 297.56 FEET TO A POINT ON A CURVE; 3. THENCE ALONG THE ARC OF A NON TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 03°38'10", A RADIUS OF 2794.80 FEET, AN ARC LENGTH OF 177.37 FEET, AND A CHORD THAT BEARS SOUTH 61 °12'08" EAST; 4. THENCE SOUTH 57 °10'01" EAST, A DISTANCE OF 38.65 FEET; 5. THENCE SOUTH 57 °35'34" EAST, A DISTANCE OF 255.30 FEET; 6. THENCE SOUTH 57 °07'20" EAST, A DISTANCE OF 1432.95 FEET; 7. THENCE SOUTH 56°31'19" EAST, A DISTANCE OF 346.65 FEET TO A POINT OF CURVATURE; 8. THENCE ALONG THE ARC OF A CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 15 °43'30 A RADIUS OF 1366.40 FEET, AND AN ARC LENGTH OF 375.01 FEET; 803988.1 A -1 9. THENCE SOUTH 40 °47'49" EAST, A DISTANCE OF 1958.86 FEET TO A POINT OF CURVATURE; 10. THENCE ALONG THE ARC OF A CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 22 °49'33 A RADIUS OF 2798.79 FEET, AND AN ARC LENGTH OF 1114.99 FEET; 11. THENCE SOUTH 18 °01'25" EAST, A DISTANCE OF 486.54 FEET TO A POINT ON THE NORTH LINE OF TRACT "A REGIS MARYVALE, INC. SUBDIVISION EXEMPTION, RECORDED AT RECEPTION NO. 280227 OF THE RECORDS OF THE GRAND COUNTY CLERK AND RECORDER; THENCE ALONG THE NORTHERLY AND WESTERLY BOUNDARY OF SAID TRACT "A" THE FOLLOWING THREE (3) COURSES: 1. THENCE SOUTH 74 °12'26" WEST, A DISTANCE OF 179.91 FEET; 2. THENCE SOUTH 15 °39'20" EAST, A DISTANCE OF 506.94 FEET; 3. THENCE SOUTH 18 °59'30" EAST, A DISTANCE OF 27.08 FEET TO A POINT ON A CURVE ON THE NORTHERLY RIGHT -OF -WAY LINE OF KING'S CROSSING ROAD, RECORDED AT RECEPTION NO. 96007615 OF THE RECORDS OF THE GRAND COUNTY CLERK AND RECORDER; THENCE ALONG SAID NORTHERLY RIGHT -OF -WAY LINE THE FOLLOWING TEN (10) COURSES: 1. THENCE ALONG THE ARC OF A NON TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 30 °07'57 A RADIUS OF 167.31 FEET, AN ARC LENGTH OF 87.99 FEET, AND A CHORD THAT BEARS SOUTH 63 °58' 11" WEST; 2. THENCE SOUTH 86°20'17" WEST, A DISTANCE OF 112.25 FEET; 3. THENCE SOUTH 89 °01'35" WEST, A DISTANCE OF 129.25 FEET; 4. THENCE SOUTH 87°10'33" WEST, A DISTANCE OF 30.53 FEET; 5. THENCE SOUTH 87 °10'32" WEST, A DISTANCE OF 95.38 FEET; 6. THENCE SOUTH 87 °14'57" WEST, A DISTANCE OF 205.49 FEET TO A POINT ON A CURVE; 7. THENCE ALONG THE ARC OF A NON TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 09°34'18", A RADIUS OF 170.00 FEET, AN ARC LENGTH OF 28.40 FEET, AND A CHORD THAT BEARS NORTH 78°46'18" WEST TO A POINT OF COMPOUND CURVATURE; 803988.1 A -2 8. THENCE ALONG THE ARC OF A CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 26°15'28", A RADIUS OF 328.18 FEET, AN ARC LENGTH OF 150.40 FEET, AND A CHORD THAT BEARS NORTH 60 °51'25" WEST TO A POINT OF REVERSE CURVATURE; 9. THENCE ALONG THE ARC OF A CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 71 °49'08 A RADIUS OF 226.49 FEET, AN ARC LENGTH OF 283.90 FEET, AND A CHORD THAT BEARS NORTH 83°38'15" WEST TO A POINT OF COMPOUND CURVATURE; 10. THENCE ALONG THE ARC OF A CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 16 °18'47 A RADIUS OF 830.30 FEET, AN ARC LENGTH OF 236.40 FEET, AND A CHORD THAT BEARS SOUTH 52°17'48" WEST TO A POINT ON THE WEST LINE OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 28; THENCE NORTH 00°11'18" WEST, ALONG SAID WEST LINE, A DISTANCE OF 44.03 FEET TO THE SOUTHWEST CORNER OF THE NORTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 28, SAID POINT ALSO BEING ON THE EASTERLY BOUNDARY OF KING'S CROSSING SOLAR TOWNHOMES, RECORDED AT RECEPTION NO. 177402 OF THE RECORDS OF THE GRAND COUNTY CLERK AND RECORDER; THENCE ALONG THE EASTERLY, NORTHERLY AND WESTERLY BOUNDARY OF SAID KING'S CROSSING SOLAR TOWNHOMES THE FOLLOWING FOUR (4) COURSES: 1. THENCE NORTH 00°17'11" WEST, ALONG THE WEST LINE OF THE NORTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 28, A DISTANCE OF 314.75 FEET; 2. THENCE SOUTH 89 °40'36" WEST, A DISTANCE OF 180.15 FEET; 3. THENCE SOUTH 02 °36'57" EAST, A DISTANCE OF 145.06 FEET; 4. THENCE SOUTH 51 °23'03" WEST, A DISTANCE OF 101.44 FEET TO A POINT ON A CURVE ON THE NORTHERLY RIGHT -OF -WAY LINE OF THE UNION PACIFIC RAILROAD; THENCE ALONG SAID NORTHERLY RIGHT -OF -WAY LINE THE FOLLOWING TWENTY -TWO (22) COURSES: 1. THENCE ALONG THE ARC OF A NON TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 20 °23'06 A RADIUS OF 616.78 FEET, AN ARC LENGTH OF 219.44 FEET, AND A CHORD THAT BEARS NORTH 25 °34'43" WEST TO A POINT OF SPIRAL CURVATURE; 803988.1 A -3 2. THENCE ALONG THE ARCS OF A 100 FOOT INSIDE OFFSET TO A SEARLES SPIRAL CURVE TO THE RIGHT HAVING A COMBINED ARC LENGTH OF 175.92 FEET, THE CHORD OF WHICH BEARS NORTH 10 °26'31" WEST A DISTANCE OF 175.79 FEET; 3. THENCE NORTH 07°53'10" WEST, A DISTANCE OF 102.74 FEET TO A POINT OF SPIRAL CURVATURE; 4. THENCE ALONG THE ARCS OF A 100 FOOT OUTSIDE OFFSET TO A SEARLES SPIRAL CURVE TO THE LEFT HAVING A COMBINED ARC LENGTH OF 202.10 FEET, THE CHORD OF WHICH BEARS NORTH 10 °35'48" WEST A DISTANCE OF 201.94 FEET TO A POINT OF CURVATURE; 5. THENCE ALONG THE ARC OF A CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 36 °53'00 A RADIUS OF 816.78 FEET, AN ARC LENGTH OF 525.79 FEET, AND A CHORD THAT BEARS NORTH 33 °49'40" WEST TO A POINT OF SPIRAL CURVATURE; 6. THENCE ALONG THE ARCS OF A 100 FOOT OUTSIDE OFFSET TO A SEARLES SPIRAL CURVE TO THE LEFT HAVING A COMBINED ARC LENGTH OF 202.10 FEET, THE CHORD OF WHICH BEARS NORTH 57 °03'32" WEST A DISTANCE OF 201.94 FEET; 7. THENCE NORTH 59°46'10" WEST, A DISTANCE OF 217.82 FEET TO A POINT OF SPIRAL CURVATURE; 8. THENCE ALONG THE ARCS OF A 100 FOOT INSIDE OFFSET TO A SEARLES SPIRAL CURVE TO THE RIGHT HAVING A COMBINED ARC LENGTH OF 235.64 FEET, THE CHORD OF WHICH BEARS NORTH 58 °51'32" WEST A DISTANCE OF 235.62 FEET TO A POINT OF CURVATURE; 9. THENCE ALONG THE ARC OF A CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 23 °11'00 A RADIUS OF 2764.93 FEET, AN ARC LENGTH OF 1118.76 FEET, AND A CHORD THAT BEARS NORTH 45 °40'40" WEST TO A POINT OF SPIRAL CURVATURE; 10. THENCE ALONG THE ARCS OF A 100 FOOT INSIDE OFFSET TO A SEARLES SPIRAL CURVE TO THE RIGHT HAVING A COMBINED ARC LENGTH OF 235.64 FEET, THE CHORD OF WHICH BEARS NORTH 32 °29'48" WEST A DISTANCE OF 235.62 FEET; 11. THENCE NORTH 31°35'10" WEST, A DISTANCE OF 476.10 FEET TO A POINT OF SPIRAL CURVATURE; 12. THENCE ALONG THE ARCS OF A 100 FOOT OUTSIDE OFFSET TO A SEARLES SPIRAL CURVE TO THE LEFT HAVING A COMBINED ARC LENGTH OF 202.10 FEET, THE CHORD OF WHICH BEARS NORTH 34°17'48" WEST A DISTANCE OF 201.94 FEET TO A POINT OF CURVATURE; 803988.1 A -4 13. THENCE ALONG THE ARC OF A CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 80 °35'20 A RADIUS OF 816.78 FEET, AN ARC LENGTH OF 1148.83 FEET, AND A CHORD THAT BEARS NORTH 79 °22'50" WEST TO A POINT OF SPIRAL CURVATURE; 14. THENCE ALONG THE ARCS OF A 100 FOOT OUTSIDE OFFSET TO A SEARLES SPIRAL CURVE TO THE LEFT HAVING A COMBINED ARC LENGTH OF 202.10 FEET, THE CHORD OF WHICH BEARS SOUTH 55 °32'08" WEST A DISTANCE OF 201.94 FEET; 15. THENCE SOUTH 52 °49'30" WEST, A DISTANCE OF 77.31 FEET TO A POINT OF SPIRAL CURVATURE; 16. THENCE ALONG THE ARCS OF A 100 FOOT INSIDE OFFSET TO A SEARLES SPIRAL CURVE TO THE RIGHT HAVING A COMBINED ARC LENGTH OF 175.92 FEET, THE CHORD OF WHICH BEARS SOUTH 55 °22'51" WEST A DISTANCE OF 175.79 FEET TO A POINT OF CURVATURE; 17. THENCE ALONG THE ARC OF A CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 131 °31'00 A RADIUS OF 616.03 FEET, AN ARC LENGTH OF 1414.05 FEET, AND A CHORD THAT BEARS NORTH 53 °55'00" WEST TO A POINT OF SPIRAL CURVATURE; 18. THENCE ALONG THE ARCS OF A 100 FOOT INSIDE OFFSET TO A SEARLES SPIRAL CURVE TO THE RIGHT HAVING A COMBINED ARC LENGTH OF 175.92 FEET, THE CHORD OF WHICH BEARS NORTH 16 °47'09" EAST A DISTANCE OF 175.79 FEET; 19. THENCE NORTH 19 °20'30" EAST, A DISTANCE OF 139.30 FEET TO A POINT OF SPIRAL CURVATURE; 20. THENCE ALONG THE ARCS OF A 100 FOOT OUTSIDE OFFSET TO A SEARLES SPIRAL CURVE TO THE LEFT HAVING A COMBINED ARC LENGTH OF 202.10 FEET, THE CHORD OF WHICH BEARS NORTH 16 °37'52" EAST A DISTANCE OF 201.94 FEET TO A POINT OF CURVATURE; 21. THENCE ALONG THE ARC OF A CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 78 °42'00 A RADIUS OF 816.78 FEET, AN ARC LENGTH OF 1121.91 FEET, AND A CHORD THAT BEARS NORTH 27 °30'30" WEST TO A POINT OF SPIRAL CURVATURE; 22. THENCE ALONG THE ARCS OF A 100 FOOT OUTSIDE OFFSET TO A SEARLES SPIRAL CURVE TO THE LEFT HAVING A COMBINED ARC LENGTH OF 112.35 FEET, THE CHORD OF WHICH BEARS NORTH 70 °00'51" WEST A DISTANCE OF 112.30 FEET TO A POINT ON THE WEST LINE OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 20; THENCE NORTH 00 °06'44" WEST, ALONG SAID WEST LINE, A DISTANCE OF 135.49 FEET TO THE POINT OF BEGINNING; 803988.1 A -5 SAID PARCEL CONTAINS A TOTAL AREA OF 12,972,836 SQUARE FEET OR 297.82 ACRES, MORE OR LESS. EXCEPT THAT PORTION THEREOF DESCRIBED UNDER RECEPTION NO. 95004884 OF THE RECORDS OF THE GRAND COUNTY CLERK AND RECORDER, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: THAT PART OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 20, TOWNSHIP 1 SOUTH, RANGE 75 WEST OF THE SIXTH PRINCIPAL MERIDIAN, TOWN OF FRASER, COUNTY OF GRAND, STATE OF COLORADO, DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHWEST CORNER OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 20 AND CONSIDERING THE WEST LINE OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 20 TO BEAR SOUTH 00 °16'02" EAST; THENCE SOUTH 00 °16'02" EAST, ALONG SAID WEST LINE, A DISTANCE OF 582.71 FEET TO THE POINT OF BEGINNING; THENCE NORTH 89 °43'58" EAST, A DISTANCE OF 333.77 FEET; THENCE SOUTH 00 °16'02" EAST, PARALLEL WITH THE WEST LINE OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 20, A DISTANCE OF 652.55 FEET; THENCE SOUTH 89 °43'58" WEST, A DISTANCE OF 333.77 FEET TO THE WEST LINE OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 20; THENCE NORTH 00 °16'02" WEST, ALONG THE WEST LINE OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 20, A DISTANCE OF 652.55 FEET TO THE POINT OF BEGINNING; SAID EXCEPTION PARCEL CONTAINS AN AREA OF 217,802 SQUARE FEET OR 5.00 ACRES, MORE OR LESS. AND EXCEPT: PLANNING AREA 3Wa SUBDIVISION EXEMPTION, ACCORDING TO THE PLAT THEREOF FILED FOR RECORD ON JUNE 27, 2006 AT RECEPTION 2006 006419. AND EXCEPT: 803988.1 COZENS MEADOW AT GRAND PARK AMENDMENT NO. 1, ACCORDING TO THE PLAT THEREOF FILED FOR RECORD ON JUNE 26, 2007 AT RECEPTION NO. 2007006785. A -6 803988.1 EXHIBIT B LEGAL DESCRIPTION OF THE EASEMENT AREA (attached) B -1 LEGAL DESCRIPTION LEGAL DESCRIPTION UTILITY EASEMENT 1 OF 11 A PARCEL OF LAND LOCATED IN THE WEST HALF OF SECTION 28, TOWNSHIP 1 SOUTH, RANGE 75 WEST OF THE SIXTH PRINCIPAL MERIDIAN, TOWN OF FRASER, COUNTY OF GRAND, STATE OF COLORADO, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST SIXTEENTH (1/16) CORNER OF SAID SECTION 28 AND CONSIDERING THE SOUTH LINE OF THE NORTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 28 TO BEAR NORTH 89'33'56" EAST WITH ALL BEARINGS CONTAINED HEREIN RELATIVE THERETO; THENCE N7212'10 "W, A DISTANCE OF 507.51 FEET TO THE POINT OF BEGINNING; THENCE NORTH 42 °23'02" WEST, A DISTANCE OF 66.50 FEET; THENCE NORTH 47 °36'58" EAST, A DISTANCE OF 95.03 FEET; THENCE SOUTH 42'23'02" EAST, A DISTANCE OF 8.50 FEET; THENCE NORTH 47°36'58" EAST, A DISTANCE OF 138.09 FEET TO A POINT OF CURVATURE; THENCE ALONG THE ARC OF A CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 63'33'04 A RADIUS OF 71.00 FEET, AN ARC LENGTH OF 78.75 FEET, AND A CHORD THAT BEARSF NORTH 15'50'26" EAST A DISTANCE OF 74.78 FEET; THENCE NORTH 15'56'06" WEST, A THENCE SOUTH 74 °03'54" WEST, A THENCE NORTH 15'56'06" WEST, A THENCE NORTH 74'03'54" EAST, A THENCE NORTH 15'56'06" WEST, A THENCE SOUTH 74'03'54" WEST, A THENCE NORTH 15 °56'06" WEST, A THENCE NORTH 74'03'54" EAST, A THENCE NORTH 15'56'06" WEST, A THENCE SOUTH 8419'36" WEST, A THENCE NORTH 05'40'24" WEST, A THENCE NORTH 8419'36" EAST, A DISTANCE OF 18.50 FEET; DISTANCE OF 6.18 FEET; DISTANCE OF 14.66 FEET; DISTANCE OF 6.18 FEET; DISTANCE OF 491.75 FEET; DISTANCE OF 6.17 FEET; DISTANCE OF 18.01 FEET; DISTANCE OF 6.17 FEET; DISTANCE OF 226.63 FEET; DISTANCE OF 5.39 FEET; DISTANCE OF 14.66 FEET; DISTANCE OF 6.36 FEET TO A POINT ON A CURVE; THENCE ALONG THE ARC OF A NON- TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 33'39'23 A RADIUS OF 129.00 FEET, AN ARC LENGTH OF 75.78 FEET, AND A CHORD THAT BEARS NORTH 14'24'48" EAST A DISTANCE OF 74.69 FEET; THENCE NORTH 3114'30" EAST, A DISTANCE OF 157.36 FEET; THENCE NORTH 08'02'45" EAST, A DISTANCE OF 86.99 FEET; THENCE NORTH 13'48'51" WEST, A DISTANCE OF 52.03 FEET; THENCE NORTH 28'28'58" WEST, A DISTANCE OF 179.57 FEET; THENCE NORTH 37'06'34" WEST, A DISTANCE OF 372.08 FEET; THENCE NORTH 54'20'24" WEST, A DISTANCE OF 52.97 FEET; THENCE NORTH 43 °33'25" WEST, A DISTANCE OF 446.99 FEET; THENCE SOUTH 76 °54'17" WEST, A DISTANCE OF 68.88 FEET; THENCE NORTH 40'47'49" WEST, A DISTANCE OF 104.79 FEET; THENCE NORTH 0412'11" EAST, A DISTANCE OF 44.21 FEET; THENCE NORTH 49'12'11" EAST, A DISTANCE OF 33.64 FEET; THENCE NORTH 4211'24" WEST, A DISTANCE OF 124.77 FEET; THENCE NORTH 4912'11" EAST, A DISTANCE OF 114.53 FEET TO A POINT ON THE WESTERLY RIGHT -OF -WAY LINE OF US HIGHWAY 40; THENCE ALONG SAID WESTERLY RIGHT -OF -WAY LINE, SOUTH 40 °47'49" EAST, A DISTANCE OF 330.42 FEET; THENCE SOUTH 47'08'46" WEST, A DISTANCE OF 77.71 FEET; THENCE SOUTH 45'03'06" EAST, A DISTANCE OF 281.73 FEET; THENCE SOUTH 49'08'11" EAST, A DISTANCE OF 64.28 FEET; THENCE NORTH 40'51'49" EAST, A DISTANCE OF 47.94 FEET TO A POINT ON SAID WESTERLY RIGHT -OF -WAY LINE OF US HIGHWAY 40; Carroll Lange Professional Engineers Land Surveyors 165 South Union Blvd., Suite 156 Lakewood, Colorado 80228 (303) 980 -0200 P: \3091 \SURVEY\LEGALS \6 -11 -08 U11L -ESMT, PREPARED 6/4/08, REV 6/11/08 LEGAL DESCRIPTION LEGAL DESCRIPTION UTILITY EASEMENT 2 OF 11 THENCE ALONG SAID WESTERLY RIGHT-OF--WAY LINE THE FOLLOWING TWO (2) COURSES: 1. THENCE SOUTH 40'47'49" EAST, A DISTANCE OF 114.94 FEET TO A POINT OF CURVATURE; 2. THENCE ALONG THE ARC OF A CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 13'46'30 A RADIUS OF 2798.79 FEET, AN ARC LENGTH OF 672.88 FEET, AND A CHORD THAT BEARS SOUTH 33'54'34" EAST A DISTANCE OF 671.26 FEET; THENCE SOUTH 34'27'36" WEST, A DISTANCE OF THENCE SOUTH 38'20'16" EAST, A DISTANCE OF THENCE SOUTH 35'34'40" WEST, A DISTANCE OF THENCE SOUTH 15'56'06" EAST, A DISTANCE OF THENCE SOUTH 74'04'08" WEST, A DISTANCE OF THENCE SOUTH 29'04'08" WEST, A DISTANCE OF THENCE SOUTH 74'03'54" WEST, A DISTANCE OF THENCE SOUTH 15'56'06" EAST, A DISTANCE OF THENCE ALONG A CURVE TO THE RIGHT HAVING AN ARC LENGTH OF 50.40 FEET, AND A CHORD FEET; THENCE SOUTH 7810'53" EAST, THENCE NORTH 71'14'51" EAST, THENCE NORTH 15'37'15" WEST, THENCE NORTH 54'12'12" WEST, THENCE NORTH 35'47'48" EAST, THENCE SOUTH 5412'12" EAST, THENCE SOUTH 15'38'24" EAST, THENCE SOUTH 7114'51" WEST, THENCE SOUTH 35'15'04" EAST, THENCE SOUTH 54'44'56" WEST, THENCE NORTH 3515'04" WEST, THENCE SOUTH 72'10'50" WEST, THENCE NORTH 7810'53" WEST, EXCEPTING THEREFROM THE FOLLOWING DESCRIBED PARCEL; 150.69 FEET; 100.94 FEET; 13.34 FEET; 717.99 FEET; 18.71 FEET; 65.30 FEET; 88.61 FEET; 47.43 FEET; A CENTRAL ANGLE OF 22'23'13 A RADIUS OF 129.00 FEET, THAT BEARS SOUTH 04 °44'30" EAST A DISTANCE OF 50.08 A DISTANCE OF 95.38 FEET; A DISTANCE OF 191.14 FEET; A DISTANCE OF 60.71 FEET; A DISTANCE OF 48.21 FEET; A DISTANCE OF 20.00 FEET; A DISTANCE OF 55.21 FEET; A DISTANCE OF 86.65 FEET; A DISTANCE OF 170.98 FEET; A DISTANCE OF 26.52 FEET; A DISTANCE OF 20.00 FEET; A DISTANCE OF 32.03 FEET; A DISTANCE OF 23.86 FEET; A DISTANCE OF 100.53 FEET TO A POINT ON A CURVE; THENCE ALONG THE ARC OF A NON- TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 3216'15 A RADIUS OF 129.00 FEET, AN ARC LENGTH OF 72.66 FEET, AND A CHORD THAT BEARS SOUTH 31'28'50" WEST A DISTANCE OF 71.70 FEET; THENCE SOUTH 47'36'58" WEST, A DISTANCE OF 233.11 FEET TO THE POINT OF BEGINNING; SAID PARCEL CONTAINS AN AREA OF 342,975 SQUARE FEET, OR 7.87 ACRES, MORE OR LESS; A PARCEL OF LAND LOCATED IN THE WEST HALF OF SECTION 28, TOWNSHIP 1 SOUTH, RANGE 75 WEST OF THE SIXTH PRINCIPAL MERIDIAN, TOWN OF FRASER, COUNTY OF GRAND, STATE OF COLORADO, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST SIXTEENTH (1/16) CORNER OF SAID SECTION 28 AND CONSIDERING THE SOUTH LINE OF THE NORTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 28 TO BEAR NORTH 89'33'56" EAST WITH ALL BEARINGS CONTAINED HEREIN RELATIVE THERETO; THENCE N29'16'26 "W, A DISTANCE OF 614.66 FEET TO THE POINT OF BEGINNING; THENCE NORTH 15'56'06" WEST, A DISTANCE OF 182.47 FEET; THENCE NORTH 74'03'54" EAST, A DISTANCE OF 6.17 FEET; THENCE NORTH 15'56'06" WEST, A DISTANCE OF 18.01 FEET; THENCE SOUTH 74'03'54" WEST, A DISTANCE OF 6.17 FEET; Carroll Lange Professional Engineers Land Surveyors 165 South Union Blvd., Suite 156 Lakewood, Colorado 80228 (303) 980-0200 P: \3091 \SURVEY \LEGALS \6 -11 -08 UTIL -ESMT, PREPARED 6 /4/08, REV 6/11/08 LEGAL DESCRIPTION LEGAL DESCRIPTION UTILITY EASEMENT 3 OF 11 THENCE NORTH 15'56'06" WEST, A DISTANCE OF 456.25 FEET TO A POINT OF CURVATURE; THENCE ALONG THE ARC A CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 47'10'36 A RADIUS OF 71.00 FEET, AN ARC LENGTH OF 58.46 FEET, AND A CHORD THAT BEARS NORTH 07'39'12" EAST A DISTANCE OF 56.82 FEET; THENCE NORTH 3114'30" EAST, A DISTANCE OF 72.51 FEET; THENCE SOUTH 58'45'30" EAST, A DISTANCE OF 49.40 FEET; THENCE SOUTH 15'56'06" EAST, A DISTANCE OF 16.76 FEET; THENCE SOUTH 74 °03'54" WEST, A DISTANCE OF 5.67 FEET; THENCE SOUTH 15'56'06" EAST, A DISTANCE OF 14.66 FEET; THENCE NORTH 74'03'54" EAST, A DISTANCE OF 5.67 FEET; THENCE SOUTH 15'56'06" EAST, A DISTANCE OF 213.17 FEET; THENCE SOUTH 74'03'54" WEST, A DISTANCE OF 5.67 FEET; THENCE SOUTH 15'56'06" EAST, A DISTANCE OF 40.50 FEET; THENCE NORTH 74'03'54" EAST, A DISTANCE OF 5.67 FEET; THENCE SOUTH 15'56'06" EAST, A DISTANCE OF 168.74 FEET; THENCE SOUTH 11'09'41" EAST, A DISTANCE OF 68.10 FEET; THENCE SOUTH 15'56'06" EAST, A DISTANCE OF 14.66 FEET; THENCE NORTH 74'03'54" EAST, A DISTANCE OF 5.67 FEET; THENCE SOUTH 15'56'06" EAST, A DISTANCE OF 163.20 FEET; THENCE SOUTH 29'04'08" WEST, A DISTANCE OF 31.54 FEET; THENCE SOUTH 74'03'54" WEST, A DISTANCE OF 87.20 FEET TO THE POINT OF BEGINNING; SAID EXCEPTION PARCEL CONTAINS AN AREA OF 78,658 SQUARE FEET, OR 1.81 ACRES, MORE OR LESS; SAID PARCEL OF LAND LESS SAID EXCEPTION PARCEL CONTAINS A NET AREA OF 264,317 SQUARE FEET, OR 6.07 ACRES, MORE OR LESS. DATE I, THOMAS D. STAAB, A SURVEYOR L DO HEREBY CERTIFY THAT THE ABO +4tC BY ME OR UNDER MY DIRECT SUP.; rittil a,\ THOMAS D. STAAB, P.L.S. 25•65 FOR AND ON BEHALF OF CARROLL "t._ TE OF COLORADO, WAS PREPARED Carroll Lange Professional Engineers Land Surveyors A d 165 South Union Blvd., Suite 156 Lakewood, Colorado 80228 (303) 980-0200 P: \3091 \SURVEY \LEGALS \6 -11 -08 UTIL -ESMT, PREPARED 6/4/08, REV 6/11/08 UTILITY EASEMENT VICINITY MAP 4 OF 11 NOTE: IS Denotes Change of Direction Only. This exhibit does not represent a monumented survey. It is intended only to depict the attached legal description. Carroll Lange I N Professional Engineers Land Surveyors 165 South Union Blvd., Suite 156 Lakewood, Colorado 80228 (303) 980-0200 P: \3091 \SURVEY \LEGALS \6 -11 -08 UTIL —ESMT, PREPARED 6/4/08, REV 6/11/08 M u POINT OF BEGINNING OVERALL PARCEL SCALE: 1" 60' 95 VDLLAGE AT GRAND PARK 0 S4223'02 "E 8.50' ORMID PARK DEVELOPMENT LLCM NOTE: Denotes Change of Direction Only. This exhibit does not represent a monumented survey. It is intended only to depict the attached legal description. UTILITY EASEMENT EXHIBIT 5 OF 11 6= 63'33'04" R =71.00 L =78.75 CH B =N 15'50' 26 "E CH D= 74.78' 4 c b" ti 7 7 MULLAGG AT' GRAND PARS{ s SCE SHEET S7 BASIS OF BEARINGS SOUTH LINE NW 1/4 SW 1/4 SEC. 28 N89'33'56 "E 1285.89' POINT OF COMMENCEMENT SE COR. NW 1/4 SE COR. NW 1/4 SW 1/4 SEC. 28, SW 1 /4 SEC. 28, T. 1 S, R. 75 W, 6TH P.M. FOUND 2-1/2" BRASS FOUND 3-1/4" ALUM. CAP IN CAP GLO 1933 RANGE BOX, PLS NO. ILLEGIBLE N78. 53 1 00.53, S7210'50 "W 23.86' A= 3216'15" R= 129.00 L =72.66 CHB= S31'28'50 "W CHD= 71.70' OM 1p '53„ E P EA Carroll Lange Professional Engineers Land Surveyors 165 South Union Blvd., Suite 156 Lakewood, Colorado 80228 (303) 980-0200 P: \3091 \SURVEY \LEGALS \6 -11 -08 UTIL —ESMT, PREPARED 6/4/08, REV 6/11/08 SCALE: 1" 60' �a= 63'33'04" R =71.00 L =78.75 CHB= N15'50'26 "E CHD= 74.78' N 74'03'54 "E 6.18' N15'56'06 "W 14.66' S74'03'54 "W 6.18' N15'56'06 "W 18.50' UTILITY EASEMENT EXHIBIT 6 OF 11 SEE SHEET 7 r Z S15'56'06 "E al 0.. 168.74' 37 c cr). 0 0 O 37 S74'03'54 "W 2 6.17' 37 ti OR_ 00 -r- li CP 0 1 POINT OF BEGINNING EXCEPTION PARCEL Si 5'56'06"E 14.66' N74'03'54 "E 5.67' N 74-'03'54"E 6.17' NOTE: 3 E SHEET 5 Denotes Change of Direction Only. This exhibit does not represent a monumented survey. It is intended only to depict the attached legal description. U; O LP LA EP_ 0 \-3 a wr EXCEPTION PARCEL AREA (SQ FT): 78,658± MX 60 XVI EX 16.5' COMMUNICATIONS EASEMENT BOOK 199, PAGE 683 EX 10' ELECTRIC EASEMEN EX 20' TRAIL EASEMENT BOOK 405, PAGE 831 VOLL/ L�. A l( GRAND NDD PARK Ln BOOK 244, PAGE 112 A= 22'23'13" N R= 129.00 L =50.40 CHB= SO4'44'30 "E CHD= 50.08' BASIS OF BEARINGS SEE SHEET 5 POINT OF COMMENCEMENT SEE SHEET 5 1., EX 20' ELECTRIC EASEMENT REC. NO. 97006496 S74'04'08 "W 18.71' VOL VILLAGE Ar maw) PARK I Carroll Lange Professional Engineers Land Surveyors j d 165 South Union Blvd., Suite 156 Lakewood, Colorado 80228 (303) 980 -0200 P: \3091 \SURVEY \LEGALS \6 -11 -08 UTIL —ESMT, PREPARED 6/4/08, REV 6/11/08 A=33'39'23" R= 129.00 L =75.78 CH B =N 14'24'48 "E CHD= 74.69' N84'19'36 "E 6.36' N05'40'24 "W 14.66' S84'19' 36 "W 5.39' U; N 6 0 VILLAGE A r GRAHD PARK SCALE: 1" 60' N74'03'54 "E 6.17' N 15'56'06 "W 18.01' "a h S74'03' 54 "W 6.17' NOTE: Denotes Change of Direction Only. This exhibit does not represent a monumented survey. It is intended only to depict the attached legal description. UTILITY EASEMENT EXHIBIT 7 OF 11 SCE nHEET 0 S8, c A 9 A o' h Z n^ ^ry S15'56'06 "E 16.76' S74'03'54 "W 5.67' S15'56'06 "E 14.66' N74'03'54 "E 5.67' A=47'10'36" R =71.00 L =58.46 CHB= N07'39'12 "E CHD= 56.82' EXCEPTION PARCEL AREA (SQ FT): 78,658± S74'03'54 "W 5.67' S15'56'06 "E 40.50' St M N 74'03' 54 "E 5.67' rn rn N LT SEE SHEET 6 S35'34'40 "W 13.34' EX 10' ELECTRIC EASEMENT BOOK 244, PAGE 112 EX 16.5' COMMUNICATIONS EASEMENT BOOK 199, PAGE 683 EX 20' TRAIL EASEMENT BOOK 405, PAGE 831 VOLLLACE AT GRAHDD pAG° K EX 20' ELECTRIC EASEMENT REC. NO. 97006496 Carroll Lange Professional Engineers Land Surveyors 165 South Union Blvd., Suite 156 Lakewood, Colorado 60228 (303) 980 -0200 P: \3091 \SURVEY \LEGALS \6 -11 -08 UTIL —ESMT, PREPARED 6/4/08, REV 6/11/08 L SCE SHEET g N3706'34 'W- 372.08' VDILLA6E AT CMG° ANN O PARK:{ SCALE: 1" 60' NOTE: Denotes Change of does not represent is intended only to description. UTILITY EASEMENT EXHIBIT 8 OF 11 So EX 20' ELECTRIC EASEMENT REC. NO. 97006496 SEE SHEET 7 Direction Only. This exhibit a monumented survey. It depict the attached legal EX 16.5' COMMUNICATIONS EASEMENT BOOK 199, PAGE 683 EX 10.0' ELECTRIC EASEMENT BOOK 244, PAGE 112 S38'20'16 "E 100.94' EX 20.0' TRAIL EASEMENT BOOK 405, PAGE 831 0 EX 132' RIGHT —OF —WAY Carroll (st. Lange Professional Engineers Land Surveyors 165 South Union Blvd., Suite 156 Lakewood, Colorado 80228 (303) 980 -0200 P: \3091 \SURVEY \LEGALS \6 -11 -08 UTIL —ESMT, PREPARED 6/4/06, REV 6/11/08 SCE SHEET l0 UTILITY EASEMENT EXHIBIT 9 OF 11 \Z S O 4' S• N 40'51'49"E A 8 j e� 06 47.94' Q 0 s,, S40'47'49 "E 9. 4 'S 114.94' O �O� 7 7„ EX 20' F ELECTRIC 4 EASEMENT REC. NO. Q �s 970064 EX 16.5' Q COMMUNICATIONS Qo +0 BOOK 199, O it PAGE 683 2/s,-.) //Z<\ l E X 10.0' V4 1 ELECTRIC EASEMENT rS BOOK 244, PAGE 112 C/ EX 132' 5 �sg J RIGHT —OF —WAY 29, -S L, EX 20.0' TRAIL EASEMENT BOOK 405, C, PAGE 831 IJ� J' C SS 0 -1) 2 SCALE: 1" 60' NOTE: Denotes Change of Direction Only. This exhibit does not represent a monumented survey. It is intended only to depict the attached legal description. VlftJLAGE AT' GRANO PARK ti L 0 0 CP- SR III 1194 IN MI Mk MO e I S Carroll Lange Professional Engineers Land Surveyors 165 South Union Blvd., Suite 156 Lakewood, Colorado 80228 (303) 980 -0200 P: \3091 \SURVEY \LEGALS \6 -11 -08 UTIL —ESMT, PREPARED 6/4/08, REV 6/11/08 N491 2'l 1 "E 33.64' N SCALE: 1" 60' UTILITY NOTE: Denotes Change of Direction Only. This exhibit does not represent a monumented survey. It is intended only to depict the attached legal description. EASEMENT EXHIBIT 10 OF 11 57 6 6$g EX 20' ELECTRIC EASEMENT REC. NO. 97006496 GRAND PARK DEVELOPMENT PMENT LLc 4 N EX 16.5' COMMUNICATIONS EASEMENT BOOK 199, PAGE 683 EX 10.0' ELECTRIC EASEMENT BOOK 244, PAGE 112 EX 132' RIGHT —OF —WAY EX 20.0' TRAIL EASEMENT BOOK 405, PAGE 831 SECS SHEET g Carroll Lange Professional Engineers Land Surveyors 165 South Union Blvd., Suite 156 Lakewood, Colorado 80228 (303) 980-0200 P: \3091 \SURVEY \LEGALS \6 -11 -08 UTIL —ESMT, PREPARED 6/4/08, REV 6/11/08 EX 20' ELECTRIC EASEMENT REC. NO. 97006496 N 35'47' 48 "E 20.00' VILLAGE AT 72, secs, z 6; o S54'44'56 "W 20.00' N 35'15'04 "W 32.03' S3515'04 "E 26.52' UTILITY EASEMENT EXHIBIT 11 OF 11 NOTE: Denotes Change of Direction Only. This exhibit does not represent a monumented survey. It is intended only to depict the attached legal description. SCALE: 1" 60' Carroll Lange Professional Engineers Land Surveyors 165 South Union Blvd., Suite 156 Lakewood, Colorado 80228 (303) 980 -0200 P: \3091 \SURVEY \LEGALS \6 -11 -08 UTIL —ESMT, PREPARED 6/4/08, REV 6/11/08 BANK MIDWEST, N.A., being the beneficiary of that certain Deed of Trust recorded December 30, 2005 at Reception Number 2005- 014723 in the records of the Clerk and Recorder for the County of Grand, State of Colorado, and all related documents and instruments, as the same may have been amended from time to time (collectively, the "Deed of Trust hereby consents to the execution and recording of that certain Utility Easement Agreement attached hereto in the records of the Clerk and Recorder for the County of Grand, State of Colorado. Bank Midwest, N.A. further agrees that the Deed of Trust and any additional loan documents signed in connection therewith will be junior and subordinate to such Utility Easement Agreement. EXECUTED on the G day of 3 STATE OF ss. COUNTY OF r 572089.1 My commission expires: VI/31'0 4 f', gy a ``4O 1,° CONSENT AND SUBORDINATION BANK MIDWEST, N.A. By: Name: ((V 5 Kv N L.feit N Title: y P The foregoing instrument was acknowledged before me this 6 day of G by e •a as \a fres4. of Bank Mi west, N.A. Witness my hand and official seal. AMANDA LYNN VIRTUri ARAONI NOTARY PUBLIC STATE OF COLORADO My Commission Ex Tres 02/26/11 Notary Public � NX &71 TOWN OF FRASER RESOLUTION NO. 2011-06-02 A RESOLUTION APPROVING THEPLANNED DEVELOPMENT DISTRICT PLAN AND FINAL PLAN/DEVELOPMENT PERMIT THE VILLAGE AT GRAND PARK LOT12A. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: The Town Board of Fraser, Colorado hereby approves the Planned Development District Plan and Final Plan/Development Permit for The Village at Grand Park Lot 12Awith the following conditions: 1.A Construction Guarantee Agreement (CGA) needs to be executed for the private improvements prior to building permit issuance. 2.Payment of all applicable fees 3.Execution of all documents within 90 days of the date of adoption of this Resolution. If such conditions are not satisfied, the approval provided bythis resolution is no longer valid. th DULY MOVED, SECONDED AND ADOPTED THIS 15DAYOFJUNE, 2011. BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO BY: Mayor ATTEST: (SE A L) Town Clerk TOWN OF FRASER RESOLUTION NO. 2011 -06 -03 A RESOLUTION APPROVING THE VACATION OF A PORTION OF THE UTILITY EASEMENT RECORDED AT RECEPTION NO. 2008 007838 PER THE FINAL PLAT OF THE VILLAGE AT GRAND PARK FILING 2, LOT 12A TRACT D AT RECEPTION NO. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: The Town Board of Fraser, Colorado hereby approves the vacation of 88.67 square feet of the utility easement (see attached legal description and exhibit map) recorded at reception no. 2008 -00783 with the following conditions: 1. Payment of all applicable fees 2. Execution of all documents within 90 days of the date of adoption of this Resolution. If such conditions are not satisfied, the approval provided by this resolution is no longer valid. DULY MOVED, SECONDED AND ADOPTED THIS 15 DAY OF JUNE, 2011. (S E A L) BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO BY: Mayor ATTEST: Town Clerk Page 1 of 2 LEGAL DESCRIPTION A parcel of and located in the West Half of Section 28, Township 1 South, Range 75 West of the Sixth Principal Meridian, Town of Fraser, County of Grand, State of Colorado, being more particularly described as follows: Commencing at the Southwest Sixteenth (1/16) corner of said Section 28 and considering the south line of the Northwest Quarter of the Southwest Quarter of said Section 28 to bear North 89 °33'56" East, with all bearings contained herein relative thereto (Basis of Bearing); Thence North 05 °34'26" West, 524.11 feet to a point on the existing Utility Easement Agreement recorded at Reception No. 2008 007838 of the property records of Grand County, said point being the Point of Beginning; Thence along said Utility Easement Agreement, North 35 °47'48" East, 11.86 feet; Thence leaving said Utility Easement Agreement, South 15 °47'12" East, 19.09 feet to a point on said Utility Easement Agreement; Thence along said Utility Easement Agreement, North 54 °12'12" West, 14.95 feet to the Point of Beginning. Said parcel contains 88.67 square feet, more or less. 1, David R. Lutz, a duly It ense surveyor in the State of Colorado, do hereby certify that thi 1 I Pftes,cft tion and exhibit map represents the results of a survey made b POF' deP) y direction. David R. Lutz. PIS :lo Colorado Profession cfr 5 -24 -11 Land Surveyor No. 3 A OL uuL O s e" LEGAL DESCRIPTION EXHIBIT MAP GRAND PARK VILLAGE S. 28 T. 1 S. R. 75 W., 6TH P.M. COUNTY OF GRAND, STATE OF COLORADO -9— Page 2 of 2 4' SCALE 1 =20' 7 E /ILLr;G FIUNG 2 THE Pr.RKTFFr'.,GT LOT 10 L= 13. R= 100.00' I =8'00' 30" CH =N 70'05'54 "E SIGN NCE MAI NTEN A ES MT. 13.97' 9' POINT OF BEGINNING LOT 12A 35,437 SQFT 0.814 ACRES BASIS OF BEARINGS SOUTH LINE NW 1/4 SW 1/4 SEC. 28 N89'33'56 "E 1285.89' POINT OF COMMENCEMENT SE COR. NW 1/4 SW 1/4 SEC. 28, T. 1 S, R. 75 W, 6TH P.M. FOUND 3 -1/4" ALUM. CAP IN RANGE BOX, PLS NO. ILLEGIBLE O Denotes only a change of direction or legal description call, not a set monument. L=20.44' R= 200.50' 1= 5'50'24" CH= N69'00'51 "E 20.43' L= 29.89' R= 19.50' 1= 87'50'17" CH= N61'58'43 "W 27.05' L= 7.26 57 Op W 22 y 404; 6 5 m ss? T �n '06,0'54, 0 8 N15 56'06 "W 5.51' NOTICE: According to Colorado law you must commence any legal action based upon any defect in this survey within three years after you first discovered such defect. In no event, may any action based upon any defect in this survey be commenced more than ten years from the date of the certification shown. LEGAL DESCRIPTION EXHIBIT MAP GRAND PARK VILLAGE S. 28 T. 1 S. R. 75 W., 6TH P.M. 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J w O W U Z W m x N 1- W O Y Z O Z Z WQ 0 z� WO_ WWOL W OWFC; WO 1 1X H a Z Z000cw• <00<02 W O W I W Z UDONWUQLL a te 4/ SPR EES 2 to to \Th 580.58 58 W 121. 121. 0 U f N p ll II II O J co o in U o z II m 1 0 TOWN OF FRASER RESOLUTION NO. 2011-06-04 A RESOLUTION APPROVING AMINOR PLAT AMENDMENT, REVISED FINAL PLAT PHASING PLAN, THE VILLAGE AT GRAND PARK-FILING 2. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: The Town Board of Fraser, Colorado hereby approves a minor plat amendment, revised Final PlatPhasing Plan, The Village at Grand Park-Filing 2 with the following conditions: 1.A Subdivision Improvement Agreement (SIA) shall be provided prior to recordation of each final plat. 2.The SIA required improvements and collateral associated with those improvements shall be subject to Town Engineer and Attorney approval prior to execution and the schedule for completion of said improvements shall be within one year of execution of the SIA. 3.Any plat not executed and recorded within 5 years from June 4, 2008shall expire unless an extension is approved by the Town Board. 4.Payment of all applicable fees 5.Execution of all documents within 90 days of the date of adoption of this Resolution. If such conditions are not satisfied, the approval provided by this resolution is no longer valid. th DULY MOVED, SECONDED AND ADOPTED THIS 15DAYOFJUNE, 2011. BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO BY: Mayor ATTEST: (SE A L) Town Clerk CJI N O is T `-J m Yam �'� ♦L11/ ��li to �I 91 -Ma�r�/ g5•g �N gOt Mtt ��•y£l \ N z > 86 M` � '�\ \ \ \ Z z m ZZ � F \ � \ ` 'c.4 u rnC)II �N� 1a / \ N Ln N oj Ul CA / t cn cn Ln ' \Da�'�� , MM�ijo•4 \ \ � m ZZ \\ w \ � O \ ti 2 II II \` 'mow rn Cn cs Ln N sls Ul cn cn Ln ' \Da�'�� , MM�ijo•4 r.LN _���� ���nGJa i TOWN OF FRASER RESOLUTION NO. 2011-06-05 A RESOLUTION APPROVING THEFINAL PLAT,THEVILLAGE AT GRAND PARK-FILING 2, LOT 12A & TRACT D. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: The Town Board of Fraser, Colorado hereby approves the Final Plat, The Village at Grand Park-Filing 2, Lot 12A & Tract Dwith the following conditions: 1.A Subdivision Improvement Agreement (SIA) shall be provided prior to recordation of the final plat. 2.Town approval of a public access agreement for Market Street per the Final Plat Phasing Plan. 3.Town approval of the off-site snow storage easement. 4.Resolution of the trail easement. 5.Delete plat note #5. 6.Change the language on sheet 2 of 2, relating to the utility easement vacation, to read “vacated by this plat” instead of “to be vacated by this plat.” 7.Payment of all applicable fees 8.Execution of all documents within 90 days of the date of adoption of this Resolution. If such conditions are not satisfied, the approval provided by this resolution is no longer valid. th DULY MOVED, SECONDED AND ADOPTED THIS 15DAYOFJUNE, 2011. BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO BY: Mayor ATTEST: (SE A L) Town Clerk TOWN OF FRASER RESOLUTION NO. 2011-06-06 A RESOLUTION APPROVING A SNOW MANAGEMENT AGREEMENT WITH GRAND PARK DEVELOPMENT LLC FOR THE VILLAGE AT GRAND PARK. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: The Town Board of Fraser, Colorado hereby approves a Snow Management Agreement with Grand Park Development for The Village at Grand Park with the following conditions: 1.Payment of all applicable fees 2.Execution of all documents within 90 days of the date of adoption of this Resolution. If such conditions are not satisfied, the approval provided by this resolution is no longer valid. th DULY MOVED, SECONDED AND ADOPTED THIS 15DAYOFJUNE, 2011. BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO BY: Mayor ATTEST: (SE A L) Town Clerk Clerks Briefing June 15, 2011 We’re working out the details for the audio in the Board room. If you have any requests or concerns please let Jeff or I know before we proceed with ordering the equipment. I have received2 liquor license applications; Cornerstone Community Foundation Special Event Permit for the following days: July 2, 2011, th July 22, 2011, August 12 & 13, 2011 and September 25, 2011. These dates coincide with the Farmer’s Market or events taking place in the meadow. I have posted the premise and will send th the application to the State on Thursday June 16, following a hearing in my office Thursday morning at 8:00 a.m. If you have any questions or concerns please let me know. Los Nopales, LLChas submitted a Hotel/Restaurantliquor license application.This application is for the Los Nopales restaurant locatedat The Alco Center. They have requested concurrent review so the application has been sent to the Department of Revenue for them to start their review of the application. I will schedule a public hearing for July 20, 2011 before the Local th Licensing Authority. The application and related documents will be in your July 20packet. th At your next meeting, July 6, the public hearing for U9200 Entertainment will be on the agenda. Please remember this is a quasi-judicial hearing and you should refrain from any discussions regarding this prior to the hearing. As always, feel free to contact me with any questions. 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April sales tax receipts have put us in the BLACK! We are a whopping one quarter of one percent ahead of last year at this time! Now don’t go crazy with appropriations since this windfall amounts to twelve hundred dollars. Now that the Audit has been finalized I can get to all the associated wrap-up activities. Carry- over balances will be loaded and all GF transfers will be bookedand theten year budget document will be loaded with year-end actuals. Not sure what has happened in the bond market trackingindustry, but several of my contacts whom I have to send our audit too (institutions with Fraser Bonds as investments) are no longer in place after as many years as I‘ve been here? So I have some manual investigation work to do to get our documents to the right organizations. Prior to receiving the windfall in sales tax receipts, I was becoming a bit concernedabout our revenue projections and the numerous un-budgeted funding opportunities presented to the Board so far this year, all coupled with a very expensive winter season for the town. I was exposed to the “newest and greatest” finance tool for the private sector recently -Rolling Forecasts, which are replacing the annual budget. Since this is a private sector tool and really does apply more in that universe than that of the public sector….the intent is the key point here and one that can be utilized here in Fraser. I will be doing a revision, a forecast of revenue and expenditures real time, to test our adopted budget for year-end projections. Depending upon the outcome I will either recommend to Jeff and hence the Board a revised budget or a detailed report as to immediate or future concerns. As always pleasecontact me with any questions or concerns you might have: 726-5491 X206 or nhavens@town.fraser.co.us. at Nat Town of Fraser PO Box 370, Fraser, CO 80442 office 970-726-5491fax 970-726-5518 www.frasercolorado.com ASSETS 40 -10210 JFOC CHECKING 0318047507 40 -10215 MONEY MARKET O &M RESERVE 40 -10220 COLOTRUST 8006 -CAP REPLACEMENT 40 -10410 MONEY MARKET CAP REPLACEMENT 40 -10421 CDARS 1012191266 CAP REPL 40 -10422 CDARS 1012193366 CAP REPL 40 -10430 CDARS 1011238323 CAP REPL 40 -11510 A/R- BILLINGS 40 -11550 A/R WPR 40 -11560 A/R GC #1 40 -11570 NR TOF 40 -11580 A/R WP (NUTRIENTS STUDY) 40 -11590 A/R GRANBY (NUTRIENTS STUDY) LIABILITIES AND EQUITY LIABILITIES 40 -20910 JFOC CAP REPLACEMENT RESERVE 40 -20920 JFOC O &M RESERVE FUND EQUITY FOR ADMINISTRATION USE ONLY TOF JOINT FACILITIES FUND BALANCE SHEET MAY 31, 2011 JOINT FACILITIES FUND 113,172.28 52,604.11 377,840.18 51, 055.76 462,963.46 462, 963.45 933,505.36 360,000.00 11, 620.68 18,423.69 9,959.48 150.50 150.50 TOTAL ASSETS 2,854,409.45 TOTAL LIABILITIES 2,853,375.20 UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES YTD 1,034.25 BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY 2,639,224.99 214,150.21 1,034.25 1,034.25 2,854,409.45 41 OF THE FISCAL YEAR HAS ELAPSED 06/08/2011 03:04PM PAGE: 1 REVENUE TOTAL REVENUE TOTAL FUND REVENUE FOR ADMINISTRATION USE ONLY TOF JOINT FACILITIES FUND REVENUES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 JOINT FACILITIES FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 40 -30 -100 INTEREST O &M ACCOUNTS 104.15 411.70 500.00 88.30 82.3 40 -30 -200 O &M REIMBURSEMENT -WPR 11,620.68 55,235.82 213,632.00 158,396.18 25.9 40 -30 -205 CAPITAL REIMBURSEMENT WPR .00 19.63 73,381.00 73,361.37 .0 40 -30 -210 O &M REIMBURSEMENT -GC #1 18,423.69 87,781.33 335,396.00 247,614.67 26.2 40 -30 -215 CAPITAL REIMBURSEMENT GC #1 .00 25.16 94,082.00 94,056.84 .0 40 -30 -220 O &M REIMBURSEMENT TOF 9,959.48 47,312.88 183,899.00 136,586.12 25.7 40 -30 -225 CAPITAL REIMBURSEMENT TOF .00 23.15 86,538.00 86,514.85 .0 40 -30 -230 STUDY REIMBURSEMENT WP 150.50 311.50 .00 311.50) .0 40 -30 -235 STUDY REIMBURSEMENT GRANBY 150.50 311.50 .00 311.50) .0 40 -30 -800 INTEREST CAP RES ACCOUNTS 1,743.50 9,022.13 20,000.00 10,977.87 45.1 40 -30 -900 MISCELLANEOUS REVENUE 828.00 828.00 .00 828.00) .0 40 -30 -999 CARRYOVER BALANCE .00 .00 260,827.00 260,827.00 .0 42,980.50 201,282.80 42,980.50 201,282.80 1,268,255.00 1, 066, 972.20 15.9 1,268,255.00 1, 066, 972.20 15.9 41 OF THE FISCAL YEAR HAS ELAPSED 06/08/2011 03:04PM PAGE: 2 PLANT EXPENDITURES FOR ADMINISTRATION USE ONLY TOF JOINT FACILITIES FUND EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 JOINT FACILITIES FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 40 -85 -110 SALARIES 12,692.08 62,928.36 168,000.00 105,071.64 37.5 40 -85 -210 HEALTH INSURANCE 2,319.69 11,773.44 43,221.00 31,447.56 27.2 40 -85 -220 FICA TAX 936.84 4,643.52 12,582.00 7,938.48 36.9 40 -85 -230 RETIREMENT 507.68 2,517.12 6,720.00 4,202.88 37.5 40 -85 -250 UNEMPLOYMENT TAX 38.08 188.80 504.00 315.20 37.5 40 -85 -280 TRAINING PROGRAMS 60.00 1,189.25 2,000.00 810.75 59.5 40 -85 -290 TRAVEL MEALS AND LODGING .00 305.94 2,000.00 1,694.06 15.3 40 -85 -295 MEALS LOCAL BUSINESS .00 .00 200.00 200.00 .0 40 -85 -310 LEGAL FEES 374.33 2,176.49 6,000.00 3,823.51 36.3 40 -85 -320 AUDIT FEE .00 .00 7,500.00 7,500.00 .0 40 -85 -330 ENGINEERING FEES .00 2,033.57 30,000.00 27,966.43 6.8 40 -85 -350 SLUDGE REMOVAL 2,994.67 19,896.37 65,000.00 45,103.63 30.6 40 -85 -370 PROFESSIONAL SERVICES 683.50 2,094.50 36,500.00 34,405.50 5.7 40 -85 -375 REIMBURSABLE PROF SERVICES 301.00 623.00 .00 623.00) .0 40 -85 -410 BANK CHARGES .00 .00 100.00 100.00 .0 40 -85 -430 INSURANCE PLANT .00 .00 25,000.00 25,000.00 .0 40 -85 -460 PLANT MAINTENANCE AND REPAIR .00 4,474.73 40,000.00 35,525.27 11.2 40 -85 -475 GROUNDS MAINTENANCE .00 .00 2,000.00 2,000.00 .0 40 -85 -480 EQUIPMENT RENTAL .00 .00 500.00 500.00 .0 40 -85 -490 PROFESSIONAL MEMBERSHIPS .00 .00 500.00 500.00 .0 40 -85 -500 OPERATING SUPPLIES 19.19 1,351.59 20,000.00 18,648.41 6.8 40 -85 -506 OPERATING SUPPLIES CHEMICALS 6,284.95 22,446.61 65,000.00 42,553.39 34.5 40 -85 -510 EQUIPMENT PURCHASE AND REPAIR .00 2,367.54 20,000.00 17,632.46 11.8 40 -85 -520 TESTING 4,074.50 13,242.36 37,000.00 23,757.64 35.8 40 -85 -525 PERMITS .00 147.10 25,000.00 24,852.90 .6 40 -85 -560 UTILITIES TELEPHONE 196.47 994.25 5,500.00 4,505.75 18.1 40 -85 -562 UTILITIES ELECTRICITY 7,947.24 30,454.79 90,000.00 59,545.21 33.8 40 -85 -565 UTILITIES NATURAL GAS 357.55 2,690.43 9,000.00 6,309.57 29.9 40 -85 -567 UTILITIES PLANT GENERATOR .00 240.41 2,500.00 2,259.59 9.6 40 -85 -569 UTILITIES TRASH REMOVAL 146.42 717.97 3,500.00 2,782.03 20.5 40 -85 -650 VEHICLE EXPENSES 370.66 1,454.88 6,000.00 4,545.12 24.3 40 -85 -690 MISCELLANEOUS EXPENSE .00 .00 1,000.00 1,000.00 .0 40 -85 -730 CAPITAL PROJECTS 1,109.00 1,176.94 330,000.00 328,823.06 .4 40 -85 -930 CAPITAL RESERVE PROJECTS .00 8,118.59 20,000.00 11,881.41 40.6 TOTAL PLANT EXPENDITURES 41,413.85 200,248.55 1,082,827.00 882,578.45 18.5 TOTAL FUND EXPENDITURES 41,413.85 200,248.55 1,082,827.00 882,578.45 18.5 NET REVENUE OVER EXPENDITURES 1,566.65 1,034.25 185,428.00 184,393.75 .6 41 OF THE FISCAL YEAR HAS ELAPSED 06/08/2011 03:04PM PAGE: 3 COMBINED CASH ACCOUNTS 01 -10200 GENERAL CHECKING #878 000884 01 -10220 GENERAL CO -01- 0160 -8001 TOTAL COMBINED CASH 01 -10100 CASH ALLOCATED TO OTHER FUNDS CASH ALLOCATION RECONCILIATION 10 ALLOCATION TO GENERAL FUND 20 ALLOCATION TO CONSERVATION TRUST FUND 30 ALLOCATION TO CAPITAL EQUIP REPLACEMENT FUND 32 ALLOCATION TO CAPITAL ASSET FUND 40 ALLOCATION TO DEBT SERVICE FUND 50 ALLOCATION TO WATER FUND 55 ALLOCATION TO WASTEWATER FUND 70 ALLOCATION TO PETERSEN TRUST TOTAL ALLOCATIONS TO OTHER FUNDS ALLOCATION FROM COMBINED CASH FUND 01 -10100 FOR ADMINISTRATION USE ONLY TOWN OF FRASER COMBINED CASH INVESTMENT MAY 31, 2011 17,484.48 6,888,909.59 6,906,394.07 6,906,394.07) TOTAL UNALLOCATED CASH .00 3,269,335.65 49,769.55 310,582.35 150,676.51 515,723.13 448,559.15 2,143,984.36 17, 763.37 6,906,394.07 6,906,394.07) ZERO PROOF IF ALLOCATIONS BALANCE .00 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 1 ASSETS TOWN OF FRASER BALANCE SHEET MAY 31, 2011 GENERAL FUND 10 -10100 CASH COMBINED FUND 3,269,335.65 10 -11100 PROPERTY TAXES RECEIVABLE 268,139.00 10 -11550 ACCTS REC BILLINGS 56,468.82 10 -12000 ALLOWANCE FOR DOUBTFUL ACCTS. 24,765.80) 10 -13055 DUE FROM WASTEWATER FUND 114.98) TOTAL ASSETS 3,569,062.69 LIABILITIES AND EQUITY LIABILITIES 10 -20790 DUE TO FRASER SANITATION DIST 114.98) 10 -21000 ACCRUED WAGES 25,380.06 10 -21710 FWT /FICA PAYABLE 8,709.82 10 -21730 STATE WITHHOLDING PAYABLE 3,619.00 10 -21740 UNEMPLOYMENT TAXES PAYABLE 474.73 10 -21750 RETIREMENT PLAN PAYABLE 2,952.50 10 -21755 457 DEFERRED COMP PAYABLE 1,619.10 10 -21760 HEALTH INSURANCE PAYABLE 1,131.86) 10 -21773 DEPENDENT CARE PAYABLE 1,473.95) 10 -21775 FLEX HEALTH PLAN PAYABLE 4,852.83 10 -22210 DEFERRED TAXES 268,139.35 10 -22920 SUBDIVISION IMP SECURITY DEP 39,441.06 10 -22930 DRIVEWAY PERMIT SURETY 3,500.00 10 -22940 PRE ANNEXATION DEPOSIT BPR 10,000.00 TOTAL LIABILITIES 365,967.66 FUND EQUITY 10 -27000 RESFUND BAL SAVINGS 750,000.00 10 -27100 RESTRICTED FUND BALANCE 223,805.00 UNAPPROPRIATED FUND BALANCE: 10 -29800 FUND BALANCE BEGINNING OF YR REVENUE OVER EXPENDITURES YTD BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY 2,228,062.26 1,227.77 2,229,290.03 3,203,095.03 3,569,062.69 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 2 TAXES 10 -31 -100 GENERAL FUND PROPERTY TAX 10 -31 -200 SPECIFIC OWNERSHIP TAX 10 -31 -300 MOTOR VEHICLE TAX 10 -31 -400 TOWN SALES TAX 10 -31 -410 USE TAX- BUILDING MATERIALS 10 -31 -420 USE TAX MOTOR VEHICLE SALES 10 -31 -430 STATE CIGARETTE TAX 10 -31 -800 FRANCHISE FEES TOTAL TAXES LICENSES PERMITS 10 -32 -100 BUSINESS LICENSE FEES 10 -32 -110 LIQUOR LICENSE FEES TOTAL LICENSES PERMITS CHARGES FOR SERVICES TOTAL CHARGES FOR SERVICES MISCELLANEOUS REVENUE OTHER SOURCES TRANSFERS 10 -39 -900 TRANSFERS IN FROM OTHER FUNDS 10 -39 -999 CARRYOVER BALANCE TOTAL OTHER SOURCES TRANSFERS TOTAL FUND REVENUE FOR ADMINISTRATION USE ONLY TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 74,117.88 175,352.24 250,000.00 74,647.76 70.1 688.19 2,952.15 8,000.00 5,047.85 36.9 307.00 1,236.50 4,000.00 2,763.50 30.9 159,740.36 431,666.49 1,550,000.00 1,118,333.51 27.9 12,325.85 15,361.97 15,000.00 361.97) 102.4 2,558.55 10,624.23 20,000.00 9,375.77 53.1 335.08 1,156.04 6,500.00 5,343.96 17.8 2,494.57 15,232.88 40,000.00 24,767.12 38.1 252,567.48 653,582.50 1,893,500.00 1,239,917.50 34.5 13,520.00 1,125.00 11,080.00 1,823.75 14,645.00 12,903.75 5,250.00 23,441.45 273,755.84 726,036.42 13,000.00 1,920.00 85.2 1,500.00 323.75) 121.6 14,500.00 1,596.25 89.0 10 -34 -100 ANNEXATION FEES .00 .00 1,000.00 1,000.00 .0 10 -34 -110 ZONING FEES 5,200.00 22,121.45 1,500.00 20,621.45) 1474.8 10 -34 -120 SUBDIVISION FEES .00 900.00 1,500.00 600.00 60.0 10 -34 -130 MISCELLANEOUS PLANNING FEES 50.00 420.00 1,000.00 580.00 42.0 5,000.00 18,441.45) 468.8 10 -36 -100 INTEREST EARNINGS 324.88 1,848.55 8,000.00 6,151.45 23.1 10 -36 -300 RENTAL INCOME 950.00 5,740.00 9,000.00 3,260.00 63.8 10 -36 -610 REIMBURSABLE PROF SERVICES 1,521.02 6,157.70 75,000.00 68,842.30 8.2 10 -36 -900 MISCELLANEOUS REVENUE 1,502.54) 22,362.47 35,000.00 12,637.53 63.9 TOTAL MISCELLANEOUS REVENUE 1,293.36 36,108.72 127,000.00 90,891.28 28.4 .00 .00 50,000.00 50,000.00 .0 .00 .00 2,167,405.00 2,167,405.00 .0 .00 .00 2,217,405.00 2,217,405.00 .0 4,257,405.00 3,531,368.58 17.1 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 3 TOWN BOARD TOTAL TOWN BOARD FOR ADMINISTRATION USE ONLY TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 10 -41 -110 SALARIES .00 6,690.00 26,000.00 19,310.00 25.7 10 -41 -220 FICA TAX .00 511.80 1,989.00 1,477.20 25.7 10 -41 -280 TRAINING PROGRAMS 438.00 574.67 2,000.00 1,425.33 28.7 10 -41 -290 TRAVEL, MEALS AND LODGING 169.00 542.18 3,000.00 2,457.82 18.1 10 -41 -295 MEALS AND ENTERTAINMENT 264.79 1,057.89 6,000.00 4,942.11 17.6 10 -41 -690 MISCELLANEOUS EXPENSE 6.91 86.91 2,500.00 2,413.09 3.5 10 -41 -860 GRANTS AND AID TO AGENCIES .00 .00 2,500.00 2,500.00 .0 10 -41 -861 INTERGOVERNMENTAL AGREEMENTS .00 9,000.00 15,000.00 6,000.00 60.0 10 -41 -862 FRASER/WINTER PARK POLICE DEPT 31,528.00 157,640.00 375,000.00 217,360.00 42.0 10 -41 -863 STREET LIGHTING AND SIGNALS 1,017.41 4,314.08 18,000.00 13,685.92 24.0 10 -41 -864 SPECIAL EVENTS .00 .00 10,000.00 10,000.00 .0 10 -41 -866 WOOD STOVE REBATES .00 .00 1,000.00 1,000.00 .0 10 -41 -867 CHAMBER OF COMMERCE IGA 10,624.49 10,624.49 51,615.00 40,990.51 20.6 10 -41 -868 WINTER SHUTTLE IGA 9,508.90 37,925.58 48,000.00 10,074.42 79.0 10 -41 -870 BUSINESS DIST STREETSCAPE .00 415.00 .00 415.00) .0 10 -41 -871 BUSINESS ENHANCEMENT PROGRAMS 1,000.00 2,904.00 15,000.00 12,096.00 19.4 54,557.50 232,286.60 577,604.00 345,317.40 40.2 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 4 ADMINISTRATION TOTAL ADMINISTRATION FOR ADMINISTRATION USE ONLY TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 10 -45 -110 SALARIES 14,578.95 80,184.39 215,250.00 135,065.61 37.3 10 -45 -210 HEALTH INSURANCE 2,557.81 15,346.86 40,482.00 25,135.14 37.9 10 -45 -220 FICA TAX 1,030.84 5,669.62 16,467.00 10,797.38 34.4 10 -45 -230 RETIREMENT 572.38 3,148.09 8,610.00 5,461.91 36.6 10 -45 -250 UNEMPLOYMENT TAX 43.72 240.46 646.00 405.54 37.2 10 -45 -280 TRAINING PROGRAMS .00 255.00 4,000.00 3,745.00 6.4 10 -45 -290 TRAVEL, MEALS AND LODGING .00 .00 4,000.00 4,000.00 .0 10 -45 -295 MEALS AND ENTERTAINMENT 274.20 1,193.78 3,000.00 1,806.22 39.8 10 -45 -310 LEGAL FEES .00 14,377.10 50,000.00 35,622.90 28.8 10 -45 -320 AUDIT FEES .00 12,500.00 18,000.00 5,500.00 69.4 10 -45 -330 ENGINEERING FEES .00 768.00 5,000.00 4,232.00 15.4 10 -45 -360 COMPUTERS NETWORKS AND SUPPORT 1,314.50 10,202.48 30,000.00 19,797.52 34.0 10 -45 -370 OTHER PROFESSIONAL SERVICES 2,000.00 4,225.00 40,000.00 35,775.00 10.6 10 -45 -375 REIMBURSABLE PROF SERVICES 574.55 4,252.85 75,000.00 70,747.15 5.7 10 -45 -380 JANITORIAL SERVICES 656.68 2,719.40 13,125.00 10,405.60 20.7 10 -45 -385 TREASURERS FEES 1,482.36 3,508.38 7,500.00 3,991.62 46.8 10 -45 -395 RECORDING FEES .00 .00 1,000.00 1,000.00 .0 10 -45 -410 BANK CHARGES 35.60 305.10 600.00 294.90 50.9 10 -45 -420 ELECTIONS .00 .00 2,500.00 2,500.00 .0 10 -45 -430 INSURANCE ALL DEPARTMENTS .00 41,115.88 48,000.00 6,884.12 85.7 10 -45 -440 ADVERTISING 58.11 58.11 1,500.00 1,441.89 3.9 10 -45 -490 PROFESSIONAL MEMBERSHIPS .00 5,297.49 7,500.00 2,202.51 70.6 10 -45 -500 OPERATING SUPPLIES 1,082.04 3,679.88 16,000.00 12,320.12 23.0 10 -45 -510 EQUIPMENT PURCHASE AND REPAIR .00 560.15 20,000.00 19,439.85 2.8 10 -45 -550 POSTAGE .00 527.43 3,000.00 2,472.57 17.6 10 -45 -560 UTILITIES TELEPHONE 433.45 2,181.11 8,500.00 6,318.89 25.7 10 -45 -561 UTILITIES NATURAL GAS 298.80 2,066.47 6,200.00 4,133.53 33.3 10 -45 -562 UTILITIES ELECTRICITY 508.28 2,123.22 7,000.00 4,876.78 30.3 10 -45 -569 UTILITIES TRASH REMOVAL 118.94 448.94 2,000.00 1,551.06 22.5 10 -45 -670 PROP MGMT- 117 EISENHOWER DR 1,474.98 6,329.71 25,000.00 18,670.29 25.3 10 -45 -671 PROP MGMT 105 FRASER AVE .00 .00 1,000.00 1,000.00 .0 10 -45 -673 PROP MGMT 153 FRASER AVE 418.77 3,716.67 12,000.00 8,283.33 31.0 10 -45 -674 PROP MGMT 200 EISENHOWER DR 93.73 1,089.92 2,000.00 910.08 54.5 10 -45 -676 PROP MGMT 400 DOC SUSIE AVE .00 .00 1,000.00 1,000.00 .0 10 -45 -690 MISCELLANEOUS EXPENSE .00 .00 5,000.00 5,000.00 .0 10 -45 -810 LEASE /PURCHASE PRINCIPAL .00 24,893.86 50,455.00 25,561.14 49.3 10 -45 -820 LEASE /PURCHASE INTEREST .00 11,909.41 23,150.00 11,240.59 51.4 29,608.69 264,894.76 774,485.00 509,590.24 34.2 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 5 PUBLIC WORKS 10 -60 -110 SALARIES 10 -60 -210 HEALTH INSURANCE 10 -60 -220 FICA TAX 10 -60 -230 RETIREMENT 10 -60 -250 UNEMPLOYMENT TAX 10 -60 -280 TRAINING PROGRAMS 10 -60 -290 TRAVEL, MEALS AND LODGING 10 -60 -295 MEALS AND ENTERTAINMENT 10 -60 -330 ENGINEERING FEES 10 -60 -370 OTHER PROFESSIONAL SERVICES 10 -60 -475 CONTRACT SNOW REMOVAL 10 -60 -480 EQUIPMENT RENTAL 10 -60 -490 PROFESSIONAL MEMBERSHIPS 10 -60 -500 OPERATING SUPPLIES 10 -60 -506 PLANTS /PLANTER SUPPLIES 10 -60 -510 EQUIPMENT PURCHASE AND REPAIR 10 -60 -560 UTILITIES TELEPHONE 10 -60 -561 UTILITIES NATURAL GAS 10 -60 -562 UTILITIES ELECTRICITY 10 -60 -569 UTILITIES TRASH REMOVAL 10 -60 -670 PROP MGMT 125 FRASER AVE 10 -60 -673 PROP MGMT FRASER RIVER TRAIL 10 -60 -674 PROP MGMT HWY 40 PEDESTRIAN 10 -60 -676 PROP MGMT OLD SCHLHOUSE PK 10 -60 -678 PROP MGMT WALK THRU HIST PRK 10 -60 -679 PROP MGMT SCHOOL BUS GARAGE 10 -60 -680 PROP MGMT GARDNER SHED 10 -60 -681 PROP MGMT COZENS RANCH PARK 10 -60 -682 PROP MGMT AMTRAK STATION 10 -60 -683 PROP MGMT PTARMIGAN OS 10 -60 -684 PROP MGMT FRODO 10 -60 -690 MISCELLANEOUS EXPENSE 10 -60 -725 STREET IMPROVEMENTS TOTAL PUBLIC WORKS WALK THROUGH HISTORY PARK 10 -65 -560 UTILITIES TELEPHONE 10 -65 -670 PROP MGMT 120 ZEREX TOTAL WALK THROUGH HISTORY PARK FOR ADMINISTRATION USE ONLY TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT GENERAL FUND 22,197.07 114,413.06 346,500.00 232,086.94 33.0 4,074.80 24,550.43 60,000.00 35,449.57 40.9 1,593.89 8,184.97 26,507.00 18,322.03 30.9 849.50 4,538.15 13,860.00 9,321.85 32.7 66.57 343.17 1,040.00 696.83 33.0 9.77 16.19 2,000.00 1,983.81 .8 .00 115.09 2,000.00 1,884.91 5.8 31.25 113.16 500.00 386.84 22.6 1,320.00 5,362.25 20,000.00 14,637.75 26.8 .00 247.00 2,500.00 2,253.00 9.9 .00 2,840.00 .00 2,840.00) .0 .00 .00 5,000.00 5,000.00 .0 .00 240.00 500.00 260.00 48.0 7,027.58 31,019.82 65,000.00 33,980.18 47.7 4.78) 380.37 10,000.00 9,619.63 3.8 280.62 11,387.19 40,000.00 28,612.81 28.5 140.13 698.94 3,000.00 2,301.06 23.3 345.52 2,892.93 7,500.00 4,607.07 38.6 163.57 715.66 3,500.00 2,784.34 20.5 57.76 230.20 2,500.00 2,269.80 9.2 124.00 405.03 5,000.00 4,594.97 8.1 .00 .00 35,000.00 35,000.00 .0 .00 .00 5,000.00 5,000.00 .0 .00 .00 500.00 500.00 .0 .00 .00 5,000.00 5,000.00 .0 208.68 3,922.11 8,000.00 4,077.89 49.0 .00 40.00 .00 40.00) .0 1,435.00 1,435.00 10,000.00 8,565.00 14.4 .00 .00 1,500.00 1,500.00 .0 .00 .00 1,500.00 1,500.00 .0 .00 .00 2,500.00 2,500.00 .0 .00 .00 5,000.00 5,000.00 .0 3,131.20 3,834.92 10,000.00 6,165.08 38.4 43,052.13 217,925.64 700,907.00 482,981.36 31.1 40.23 201.14 1,000.00 798.86 20.1 .00 .00 2,000.00 2,000.00 .0 40.23 201.14 3,000.00 2,798.86 6.7 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 6 TRANSFERS TOTAL TRANSFERS FISCAL AGENT TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 10 -90 -920 TRANSFER TO CERF POLICE DEPT .00 .00 35,000.00 35,000.00 .0 10 -90 -930 TRANSFER TO CERF PUBLICWORKS .00 .00 50,000.00 50,000.00 .0 10 -90 -935 TRANSFER TO CAF .00 .00 100,000.00 100,000.00 .0 10 -90 -940 TRANSFER TO DEBT SERVICE FUND .00 .00 247,250.00 247,250.00 .0 10 -90 -950 TRANSFER TO WATER FUND .00 .00 23,000.00 23,000.00 .0 10 -90 -960 TRANSFER TO FREP .00 .00 50,000.00 50,000.00 .0 .00 .00 505,250.00 505,250.00 .0 10 -95 -110 SALARIES 20.00) 6,429.54 .00 6,429.54) .0 10 -95 -210 HEALTH INSURANCE .00 2,319.69 .00 2,319.69) .0 10 -95 -220 FICA TAX 1.53) 474.81 .00 474.81) .0 10 -95 -230 RETIREMENT .80) 257.18 .00 257.18) .0 10 -95 -250 UNEMPLOYMENT TAX .06) 19.29 .00 19.29) .0 TOTAL FISCAL AGENT 22.39) 9,500.51 .00 9,500.51) .0 TOTAL FUND EXPENDITURES 127,236.16 724,808.65 2,561,246.00 1,836,437.35 28.3 NET REVENUE OVER EXPENDITURES 146,519.68 1,227.77 1,696,159.00 1,694,931.23 .1 FOR ADMINISTRATION USE ONLY 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 7 ASSETS 20 -10100 CASH COMBINED FUND 49,769.55 TOTAL ASSETS 49,769.55 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: 20 -29800 FUND BALANCE BEGINNING OF YR REVENUE OVER EXPENDITURES YTD BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET MAY 31, 2011 CONSERVATION TRUST FUND 48,477.36 1,292.19 49,769.55 49,769.55 49,769.55 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 8 REVENUE TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 CONSERVATION TRUST FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 20 -30 -100 CONS TRUST (LOTTERY) PROCEEDS .00 1,263.97 5,900.00 4,636.03 21.4 20 -30 -800 INTEREST EARNINGS 5.01 28.22 60.00 31.78 47.0 20 -30 -999 CARRYOVER BALANCE .00 .00 49,388.00 49,388.00 .0 TOTAL REVENUE 5.01 1,292.19 55,348.00 54,055.81 2.3 TOTAL FUND REVENUE 5.01 1,292.19 55,348.00 54,055.81 2.3 FOR ADMINISTRATION USE ONLY 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 9 EXPENDITURES 20 -40 -910 TRANSFER TO GENERAL FUND TOTAL EXPENDITURES TOTAL FUND EXPENDITURES NET REVENUE OVER EXPENDITURES FOR ADMINISTRATION USE ONLY TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 CONSERVATION TRUST FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT .00 .00 50,000.00 50,000.00 .0 .00 .00 50,000.00 50,000.00 .0 .00 .00 50,000.00 50,000.00 .0 5.01 1,292.19 5,348.00 4,055.81 24.2 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 10 ASSETS 30 -10100 CASH COMBINED FUND 310,582.35 TOTAL ASSETS 310,582.35 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: 30 -29800 FUND BALANCE BEGINNING OF YR REVENUE OVER EXPENDITURES YTD BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET MAY 31, 2011 CAPITAL EQUIP REPLACEMENT FUND 295,849.48 14,732.87 310,582.35 310,582.35 310,582.35 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 11 REVENUE TOTAL FUND REVENUE FOR ADMINISTRATION USE ONLY TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 CAPITAL EQUIP REPLACEMENT FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 30 -30 -100 HWY USE TAX PROCEEDS 3,916.65 14,553.82 42,420.00 27,866.18 34.3 30 -30 -800 INTEREST EARNINGS 31.47 179.05 550.00 370.95 32.6 30 -30 -900 TRANSFER FROM G/F POLICEDEPT .00 .00 35,000.00 35,000.00 .0 30 -30 -910 TRANSFER FROM G/F PUBLICWORK .00 .00 50,000.00 50,000.00 .0 30 -30 -920 TRANSFER FROM UTILITY FUNDS .00 .00 20,000.00 20,000.00 .0 30 -30 -999 CARRYOVER BALANCE .00 .00 292,518.00 292,518.00 .0 TOTAL REVENUE 3,948.12 14,732.87 440,488.00 425,755.13 3.3 3,948.12 14,732.87 440,488.00 425,755.13 3.3 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 12 EXPENDITURES TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 CAPITAL EQUIP REPLACEMENT FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 30 -40 -745 PUBLIC SAFETY FLEET PURCHASE .00 .00 35,000.00 35,000.00 .0 30 -40 -750 REGULAR FLEET PURCHASE .00 .00 15,000.00 15,000.00 .0 30 -40 -755 HEAVY EQUIPMENT PURCHASE .00 .00 15,000.00 15,000.00 .0 TOTAL EXPENDITURES .00 .00 65,000.00 65,000.00 .0 TOTAL FUND EXPENDITURES .00 .00 65,000.00 65,000.00 .0 NET REVENUE OVER EXPENDITURES 3,948.12 14,732.87 375,488.00 360,755.13 3.9 FOR ADMINISTRATION USE ONLY 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 13 ASSETS 32 -10100 CASH COMBINED FUND 150,676.51 TOTAL ASSETS 150,676.51 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: 32 -29800 FUND BALANCE BEGINNING OF YR REVENUE OVER EXPENDITURES YTD BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET MAY 31, 2011 CAPITAL ASSET FUND 150,586.08 90.43 150,676.51 150,676.51 150,676.51 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 14 CAPITAL ASSET REVENUE FOR ADMINISTRATION USE ONLY TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 CAPITAL ASSET FUND 32 -30 -800 INTEREST EARNINGS 15.74 90.43 375.00 284.57 24.1 32 -30 -910 TRANSFER IN FROM GENERAL FUND .00 .00 100,000.00 100,000.00 .0 32 -30 -999 CARRYOVER FUND BALANCE .00 .00 150,575.00 150,575.00 .0 TOTAL CAPITAL ASSET REVENUE 15.74 TOTAL FUND REVENUE 15.74 PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 90.43 250,950.00 250,859.57 .0 90.43 250,950.00 250,859.57 .0 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 15 CAPITAL ASSET EXPENDITURES 32 -40 -810 CAPITAL PROJ- STREETS EXISTING TOTAL CAPITAL ASSET EXPENDITURES TOTAL FUND EXPENDITURES NET REVENUE OVER EXPENDITURES FOR ADMINISTRATION USE ONLY TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 CAPITAL ASSET FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT .00 .00 .00 250,000.00 250,000.00 .0 .00 250,000.00 250,000.00 .0 .00 .00 250,000.00 250,000.00 .0 15.74 90.43 950.00 859.57 9.5 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 16 INTERGOVERNMENTAL REVENUE 35 -30 -100 GRANTS AND AWARDS 35 -30 -910 TRANSFER IN FROM GENERAL FUND TOTAL INTERGOVERNMENTAL REVENUE TOTAL FUND REVENUE FOR ADMINISTRATION USE ONLY TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 FREP FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT .00 .00 610,000.00 610,000.00 .0 .00 .00 50,000.00 50,000.00 .0 .00 .00 660,000.00 660,000.00 .0 .00 .00 660,000.00 660,000.00 .0 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 17 TOWN OF FRASER EXPENSES TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 FREP FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 35 -50 -440 F/WP TRAIL LINK CONSTRUCTION .00 .00 260,000.00 260,000.00 .0 35 -50 -450 LIONS FISH PONDS IMPROVEMENTS .00 .00 400,000.00 400,000.00 .0 TOTAL TOWN OF FRASER EXPENSES .00 .00 660,000.00 660,000.00 .0 TOTAL FUND EXPENDITURES .00 .00 660,000.00 660,000.00 .0 NET REVENUE OVER EXPENDITURES .00 .00 .00 .00 .0 FOR ADMINISTRATION USE ONLY 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 18 ASSETS TOWN OF FRASER BALANCE SHEET MAY 31, 2011 DEBT SERVICE FUND 40 -10100 CASH COMBINED FUND 515,723.13 40 -11100 PROPERTY TAXES RECEIVABLE 80,000.00 TOTAL ASSETS 595,723.13 LIABILITIES AND EQUITY LIABILITIES 40 -22210 DEFERRED PROPERTY TAXES TOTAL LIABILITIES FUND EQUITY 80,000.00 40 -27000 RESFUND BAL -1 YEARS PAYMENT 300,000.00 40 -27100 RESTRICTED FUND BALANCE 379,358.00 UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES YTD 163,634.87) BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY 163,634.87) 80,000.00 515,723.13 595,723.13 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 19 REVENUE TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 DEBT SERVICE FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 40 -30 -100 PROPERTY TAX 22,115.01 52,320.03 80,000.00 27,679.97 65.4 40 -30 -200 SPECIFIC OWNERSHIP TAX 205.34 890.55 4,000.00 3,109.45 22.3 40 -30 -800 INTEREST EARNINGS 72.96 414.50 3,500.00 3,085.50 11.8 40 -30 -910 TRANSFER IN FROM GENERAL FUND .00 .00 247,250.00 247,250.00 .0 TOTAL REVENUE 22,393.31 53,625.08 334,750.00 281,124.92 16.0 TOTAL FUND REVENUE 22,393.31 53,625.08 334,750.00 281,124.92 16.0 FOR ADMINISTRATION USE ONLY 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 20 EXPENDITURES TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 DEBT SERVICE FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 40 -40 -385 TREASURER'S FEES GO BOND 442.30 1,046.82 2,000.00 953.18 52.3 40 -40 -810 BOND PRINCIPAL 02 S &U ISSUE 25,000.00 25,000.00 25,000.00 .00 100.0 40 -40 -811 BOND PRINCIPAL 98 GO ISSUE 140,000.00 140,000.00 35,000.00 105,000.00) 400.0 40 -40 -812 BOND PRINCIPAL 98 S &U ISSUE .00 .00 140,000.00 140,000.00 .0 40 -40 -820 BOND INTEREST 02 S &U ISSUE 5,600.00 5,600.00 15,856.00 10,256.00 35.3 40 -40 -821 BOND INTEREST 98 GO ISSUE 45,013.13 45,013.13 13,976.00 31,037.13) 322.1 40 -40 -822 BOND INTEREST 98 S &U ISSUE .00 .00 70,565.00 70,565.00 .0 40 -40 -850 BOND AGENT FEES 600.00 600.00 2,500.00 1,900.00 24.0 40 -40 -910 TRANSFER TO DSF RESERVES .00 .00 29,853.00 29,853.00 .0 TOTAL EXPENDITURES 216,655.43 217,259.95 334,750.00 117,490.05 64.9 TOTAL FUND EXPENDITURES 216,655.43 217,259.95 334,750.00 117,490.05 64.9 NET REVENUE OVER EXPENDITURES 194,262.12) 163,634.87) .00 163,634.87 .0 FOR ADMINISTRATION USE ONLY 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 21 ASSETS LIABILITIES AND EQUITY LIABILITIES 50 -20775 DUE TO RENDEZVOUS TAPS 50 -21100 ACCRUED PTO AND BENEFITS 50 -22910 ROAD CUT SURITY FEES FUND EQUITY BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET MAY 31, 2011 WATER FUND 50 -10100 CASH COMBINED FUND 448,559.15 50 -11500 A/R CUSTOMER SERVICE CHARGES 12,266.82 50 -11600 A/R FOX RUN -GRAND CO HOUSING 31,800.00 50 -16100 LAND 100,000.00 50 -16200 BUILDINGS 2,915,858.49 50 -16203 WELLS SYSTEM 768,371.74 50 -16212 WATER DISTRIBUTION /STORAGE 9,845,211.82 50 -16213 WELLS 1,063,119.43 50 -16400 EQUIPMENT 239,923.02 50 -16500 WATER RIGHTS 19,775.86 50 -17900 ACCUMULATED DEPRECIATION 2,725,428.67) TOTAL ASSETS 12,719,457.66 7,700.00 8,138.49 22,439.50 TOTAL LIABILITIES 38,277.99 50 -27000 RESFUND BAL 0 M 100,000.00 UNAPPROPRIATED FUND BALANCE: 50 -29800 RETAINED EARNINGS 12,596,650.23 REVENUE OVER EXPENDITURES YTD 15,470.56) 12,581,179.67 12,681,179.67 12,719,457.66 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 22 LICENSES PERMITS CHARGES FOR SERVICES MISCELLANEOUS REVENUE 50 -36 -100 INTEREST EARNINGS 50 -36 -900 MISCELLANEOUS REVENUE OTHER SOURCES TRANSFERS TOTAL FUND REVENUE FOR ADMINISTRATION USE ONLY TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 WATER FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 50 -32 -100 EXCAVATION PERMIT FEES .00 .00 200.00 200.00 .0 TOTAL LICENSES PERMITS .00 .00 200.00 200.00 .0 50 -34 -100 CUSTOMER SERVICE CHARGES .00 152,252.25 604,359.00 452,106.75 25.2 50 -34 -150 PENALTIES INTEREST 404.96) 2,234.71 1,000.00 1,234.71) 223.5 50 -34 -200 PLANT INVESTMENT FEES .00 .00 8,000.00 8,000.00 .0 50 -34 -300 WATER METER SALES 850.00 850.00 1,000.00 150.00 85.0 TOTAL CHARGES FOR SERVICES 445.04 155,336.96 614,359.00 459,022.04 25.3 47.21 20.00 TOTAL MISCELLANEOUS REVENUE 67.21 232.67 3,555.60 50 -39 -999 CARRYOVER BALANCE .00 .00 299,665.00 299,665.00 .0 TOTAL OTHER SOURCES TRANSFERS .00 .00 299,665.00 299,665.00 .0 512.25 159,125.23 1,000.00 5,000.00 3,788.27 6,000.00 767.33 23.3 1,444.40 71.1 2,211.73 63.1 920,224.00 761,098.77 17.3 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 23 EXPENDITURES TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 WATER FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 50 -40 -110 SALARIES 14,911.10 80,984.09 199,500.00 118,515.91 40.6 50 -40 -210 HEALTH INSURANCE 2,865.57 17,125.10 44,800.00 27,674.90 38.2 50 -40 -220 FICA TAX 1,046.54 5,670.70 15,262.00 9,591.30 37.2 50 -40 -230 RETIREMENT 593.23 3,199.13 7,980.00 4,780.87 40.1 50 -40 -250 UNEMPLOYMENT TAX 44.76 241.98 599.00 357.02 40.4 50 -40 -280 TRAINING PROGRAMS 67.11 467.11 3,000.00 2,532.89 15.6 50 -40 -290 TRAVEL, MEALS AND LODGING .00 865.98 3,000.00 2,134.02 28.9 50 -40 -295 MEALS AND ENTERTAINMENT 63.44 124.92 2,000.00 1,875.08 6.3 50 -40 -310 LEGAL FEES 5,635.04 32,043.30 35,000.00 2,956.70 91.6 50 -40 -330 ENGINEERING FEES .00 .00 40,000.00 40,000.00 .0 50 -40 -360 COMPUTERS NETWORKS AND SUPPORT .00 1,124.66 15,000.00 13,875.34 7.5 50 -40 -370 OTHER PROFESSIONAL SERVICES 6.44 61.97 15,000.00 14,938.03 .4 50 -40 -430 INSURANCE .00 .00 20,000.00 20,000.00 .0 50 -40 -440 ADVERTISING .00 .00 500.00 500.00 .0 50 -40 -460 SYSTEM REPAIR AND MAINT PROD .00 168.01 30,000.00 29,831.99 .6 50 -40 -465 SYSTEM REPAIR AND MAINT DIST 917.10 1,782.17 30,000.00 28,217.83 5.9 50 -40 -490 PROFESSIONAL MEMBERSHIPS .00 1,550.00 8,000.00 6,450.00 19.4 50 -40 -500 OPERATING SUPPLIES PRODUCTION 284.65 3,018.84 30,000.00 26,981.16 10.1 50 -40 -505 OPERATING SUPPLIES DISTRIB 1,107.61 4,304.81 25,000.00 20,695.19 17.2 50 -40 -510 EQUIPMENT PURCHASE AND REPAIR .00 .00 5,000.00 5,000.00 .0 50 -40 -520 TESTING .00 180.00 3,000.00 2,820.00 6.0 50 -40 -550 POSTAGE BILLING SUPPLIES .00 482.33 3,500.00 3,017.67 13.8 50 -40 -560 UTILITIES TELEPHONE 221.43 1,106.36 5,500.00 4,393.64 20.1 50 -40 -562 UTILITIES ELECTRICITY 3,022.33 12,850.41 45,000.00 32,149.59 28.6 50 -40 -670 PROP MGMT FRASER WTP .00 .00 6,000.00 6,000.00 .0 50 -40 -680 PROP MGMT MARYVALE WTP .00 .00 6,000.00 6,000.00 .0 50 -40 -690 MISCELLANEOUS EXPENSE 93.95 149.73 1,000.00 850.27 15.0 50 -40 -715 WATER RIGHTS DIVERSION DEV 3,193.44 7,094.19 35,000.00 27,905.81 20.3 50 -40 -730 CAPITAL PROJECTS .00 .00 100,000.00 100,000.00 .0 50 -40 -930 TRANSFER TO CERF .00 .00 10,000.00 10,000.00 .0 50 -40 -970 TRANSFER TO O &M RESERVES .00 .00 100,000.00 100,000.00 .0 TOTAL EXPENDITURES 34,073.74 174,595.79 844,641.00 670,045.21 20.7 TOTAL FUND EXPENDITURES 34,073.74 174,595.79 844,641.00 670,045.21 20.7 NET REVENUE OVER EXPENDITURES 33,561.49) 15,470.56) 75,583.00 91,053.56 20.5) FOR ADMINISTRATION USE ONLY 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 24 ASSETS LIABILITIES AND EQUITY LIABILITIES FUND EQUITY BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET MAY 31, 2011 WASTEWATER FUND 55 -10100 CASH COMBINED FUND 2,143,984.36 55 -11500 A/R CUSTOMER SERVICE CHARGES 10,979.14 55 -11900 MISCELLANEOUS RECEIVABLES .17) 55 -15950 CAP REPL RES HELD W /JFOC 728,241.00 55 -15955 O &M RESERVE HELD W /JFOC 51,185.92 55 -16100 LAND 144,320.40 55 -16200 SEWER TREATMENT PLANT 3,207,369.16 55 -16210 METER BUILDING IMPROVEMENTS 8,056.39 55 -16220 SEWER COLLECTION SYSTEM 10,620,070.80 55 -16250 CONSOLIDATED COLLECTION SYSTEM 279,069.00 55 -16400 EQUIPMENT 71,492.50 55 -17900 ACCUMULATED DEPRECIATION 556,734.72) 55 -17905 ACCUM DEPR PLANT /JFOC 34,882.44) 55 -17910 ACCUM DEPR SEWER COLLECT -FSD 2,239,500.35) 55 -17915 ACCUM DEPR- EQUIPMENT 71,492.81) TOTAL ASSETS 14,362,158.18 55 -20210 ACCRUED A/P AUDIT 12,600.00 55 -20810 DUE TO GENERAL FUND 115.00) 55 -21100 ACCRUED PTO AND BENEFITS 6,754.71 TOTAL LIABILITIES 19,239.71 UNAPPROPRIATED FUND BALANCE: 55 -29800 RETAINED EARNINGS 13,700,798.29 55 -29810 RETAINED EARNINGS UNRESTRICT 53,572.01) 55 -29820 RETAINED EARNINGS RESTRICTED 654,109.00 REVENUE OVER EXPENDITURES -YTD 41,583.19 14,342,918.47 14,342,918.47 14,362,158.18 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 25 CHARGES FOR SERVICES TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 WASTEWATER FUND 55 -34 -100 CUSTOMER SERVICE CHARGES .00 151,723.32 606,532.00 454,808.68 25.0 55 -34 -150 PENALTIES INTEREST 372.65) 1,007.23 1,000.00 7.23) 100.7 55 -34 -200 PLANT INVESTMENT FEES 7,500.00 7,500.00 15,000.00 7,500.00 50.0 TOTAL CHARGES FOR SERVICES 7,127.35 160,230.55 622,532.00 462,301.45 25.7 MISCELLANEOUS REVENUE PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 55 -36 -100 INTEREST EARNINGS 221.03 1,248.06 4,000.00 2,751.94 31.2 55 -36 -500 JFOC MANAGEMENT FEE .00 7,105.50 28,420.00 21,314.50 25.0 55 -36 -900 MISCELLANEOUS REVENUE .00 .00 1,500.00 1,500.00 .0 TOTAL MISCELLANEOUS REVENUE 221.03 8,353.56 33,920.00 25,566.44 24.6 OTHER SOURCES TRANSFERS 55 -39 -999 CARRYOVER BALANCE .00 .00 2,059,409.00 2,059,409.00 .0 TOTAL OTHER SOURCES TRANSFERS .00 .00 2,059,409.00 2,059,409.00 .0 TOTAL FUND REVENUE 7,348.38 FOR ADMINISTRATION USE ONLY 168,584.11 2,715,861.00 2,547,276.89 6.2 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 26 EXPENDITURES TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 WASTEWATER FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 55 -40 -110 SALARIES 11,933.57 65,743.45 178,500.00 112,756.55 36.8 55 -40 -210 HEALTH INSURANCE 2,073.91 12,410.15 30,240.00 17,829.85 41.0 55 -40 -220 FICA TAX 851.77 4,694.32 13,655.00 8,960.68 34.4 55 -40 -230 RETIREMENT 469.78 2,565.77 7,140.00 4,574.23 35.9 55 -40 -250 UNEMPLOYMENT TAX 35.79 195.80 536.00 340.20 36.5 55 -40 -280 TRAINING PROGRAMS .00 .00 2,000.00 2,000.00 .0 55 -40 -290 TRAVEL, MEALS AND LODGING .00 12.79 2,000.00 1,987.21 .6 55 -40 -295 MEALS AND ENTERTAINMENT .00 10.10 500.00 489.90 2.0 55 -40 -310 LEGAL FEES .00 40.00 10,000.00 9,960.00 .4 55 -40 -330 ENGINEERING FEES 96.00 1,080.00 20,000.00 18,920.00 5.4 55 -40 -360 COMPUTERS NETWORKS AND SUPPORT .00 1,124.66 5,000.00 3,875.34 22.5 55 -40 -370 OTHER PROFESSIONAL SERVICES 167.44 169.05 10,000.00 9,830.95 1.7 55 -40 -410 BANK CHARGES .00 .00 100.00 100.00 .0 55 -40 -430 INSURANCE .00 .00 5,500.00 5,500.00 .0 55 -40 -440 ADVERTISING .00 .00 1,000.00 1,000.00 .0 55 -40 -460 SYSTEM REPAIR AND MAINT COLLEC 948.74 948.74 20,000.00 19,051.26 4.7 55 -40 -490 PROFESSIONAL MEMBERSHIPS .00 90.00 6,100.00 6,010.00 1.5 55 -40 -500 OPERATING SUPPLIES COLLECTIONS .00 .00 5,000.00 5,000.00 .0 55 -40 -510 EQUIPMENT PURCHASE AND REPAIR .00 54.95 5,500.00 5,445.05 1.0 55 -40 -520 TESTING 25.00 100.00 1,000.00 900.00 10.0 55 -40 -550 POSTAGE BILLING SUPPLIES .00 482.33 2,500.00 2,017.67 19.3 55 -40 -560 UTILITIES TELEPHONE 22.13 110.74 1,500.00 1,389.26 7.4 55 -40 -650 WW TREATMENT CHARGES /JFOC 10,082.48 37,077.42 296,372.00 259,294.58 12.5 55 -40 -660 JFOC CAPREPL RESERVE 23.15 23.15 122,652.00 122,628.85 .0 55 -40 -690 MISCELLANEOUS EXPENSE 67.50 67.50 3,000.00 2,932.50 2.3 55 -40 -730 CAPITAL PROJECTS .00 .00 330,000.00 330,000.00 .0 55 -40 -930 TRANSFER TO CERF .00 .00 10,000.00 10,000.00 .0 TOTAL EXPENDITURES 26,797.26 127,000.92 1,089,795.00 962,794.08 11.7 TOTAL FUND EXPENDITURES 26,797.26 127,000.92 1,089,795.00 962,794.08 11.7 NET REVENUE OVER EXPENDITURES 19,448.88) 41,583.19 1,626,066.00 1,584,482.81 2.6 FOR ADMINISTRATION USE ONLY 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 27 ASSETS 70 -10100 CASH COMBINED FUND 17,763.37 TOTAL ASSETS 17,763.37 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: 70 -29800 FUND BALANCE BEGINNING OF YR REVENUE OVER EXPENDITURES YTD BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET MAY 31, 2011 PETERSEN TRUST 17, 752.06 11.31 17, 763.37 17, 763.37 17, 763.37 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 28 REVENUE 70 -30 -800 INTEREST EARNINGS 70 -30 -999 CARRYOVER BALANCE TOTAL REVENUE TOTAL FUND REVENUE FOR ADMINISTRATION USE ONLY TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 PETERSEN TRUST PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 2.15 11.31 .00 11.31) .0 .00 .00 17,785.00 17,785.00 .0 2.15 11.31 17,785.00 17, 773.69 .1 2.15 11.31 17,785.00 17, 773.69 .1 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 29 EXPENDITURES 70 -40 -670 PETERSEN TRUST EXP TRAIL TOTAL EXPENDITURES TOTAL FUND EXPENDITURES FOR ADMINISTRATION USE ONLY TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 5 MONTHS ENDING MAY 31, 2011 PETERSEN TRUST PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT .00 .00 NET REVENUE OVER EXPENDITURES 2.15 .00 17,785.00 17,785.00 .0 .00 17,785.00 17,785.00 .0 .00 .00 17,785.00 17,785.00 .0 11.31 .00 11.31) .0 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 30 ASSETS LIABILITIES AND EQUITY FUND EQUITY FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET MAY 31, 2011 GENERAL FIXED ASSETS 91 -16100 LAND 730,630.35 91 -16200 ADMINISTRATION BUILDING 208,379.39 91 -16203 MAINTENANCE BUILDING 57,722.51 91 -16208 HOUSE 400 DOC SUSIE AVE 54,839.27 91 -16209 VISITOR CENTER 183,895.00 91 -16211 BUSBARN 105 FRASER AVE HOUSE 100,000.00 91 -16250 CHURCH 267,000.00 91 -16306 PARKS 367,800.08 91 -16311 STREET IMPROVEMENTS 3,439,840.00 91 -16312 HIGHWAY 40 PATH 8,872.00 91 -16490 EQUIPMENT OTHER 872,015.00 91 -16500 OFFICE EQUIPMENT 57,261.75 91 -17900 ACCUMULATED DEPRECIATION 2,260,048.61) TOTAL ASSETS 4,088,206.74 UNAPPROPRIATED FUND BALANCE: 91 -29800 INVESTMENT IN FIXED ASSETS 4,088,206.74 BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY 4,088,206.74 4,088,206.74 4,088,206.74 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 31 ASSETS LIABILITIES AND EQUITY LIABILITIES 95 -25050 2002 SERIAL BONDS 95 -25060 1998 REVENUE REFUNDING BONDS 95 -25070 1998 GENERAL OBLIGATION BONDS 95 -25200 ACCRUED COMPENSATED ABSENCES 95 -25500 CAPITAL LEASES KOMATSU LOADER FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET MAY 31, 2011 GENERAL LONG -TERM DEBT 95 -18100 AMOUNT TO BE PROVIDED 3,131,161.31 TOTAL ASSETS 3,131,161.31 360,000.00 2,035,000.00 475,000.00 15,677.17 245,484.14 TOTAL LIABILITIES 3,131,161.31 TOTAL LIABILITIES AND EQUITY 3,131,161.31 41 OF THE FISCAL YEAR HAS ELAPSED 06/06/2011 09:19AM PAGE: 32 Planner Briefingfor June 15,2011Town Boardmeeting Public Hearing/Action: Planned Development District Plan (PDD) &Final Plan/Development Permit The Village at Grand Park Lot 12A Public Hearing/Action: Utility Easement Vacation Lot 12A, Village at Grand Park Action: Minor Plat Amendment Revised Final Plat Phasing Plan, The Village at Grand Park –Filing 2 Action: Final Plat The Village at Grand Park –Filing 2, Lot 12A & Tract D We are in receipt of the following applications from Grand Park Development LLC: Planned Development District & Final Plan/Development Permit Grand Park Utility Easement Vacation Final Plat Phasing Plan, The Village at Grand Park –Filing 2 Final Plat The Village at Grand Park–Filing 2, Lot 12A & Tract D The applicant is requesting a rezoning of a 40,200 SF (approximately.92 acre) parcel of land. The parcel of land is currently zoned Business. The property is adjacent to Pine Tree Plaza in the Town of Winter Parkon the south,surrounded on the west and north by the Grand Park PDDandUS40 on the east.See enclosure entitled “Maps of propertyto be rezoned.” The applicant is seeking approval to rezone this property from Business to Planned Development District. The following was submitted on behalf of the applicantfor the rezoning request: “Grand Park Development is proposing to rezone from Business to PDD. This rezone will make this parcel’s zoning consistent with the rest of the Village at Grand Park and provide the necessary entitlements to begin construction on a new entertainment venue in Fraser. The purpose of the rezone application is to ensure consistency in development standards over Lot 12A as currently this lot has split zoning. The applicant is proposing a stand alone PDD with the development standards that are consistent with Planning Area 1Wa in theGrand Park PDD. The Grand Park PDD includes a large area Town of Fraser PO Box 370, Fraser, CO 80442 office 970-726-5491fax 970-726-5518 www.frasercolorado.com and development standards that are not relevant to this small site therefore it was determined that it would be more practical to createa separate PDD. In conjunction with the rezone, Grand Park Development is seeking approval of a Final Plan and DevelopmentPermit for a bowling alley/movie theater. The proposal is for a joint facility that will include two movie screens and an eight lane bowling alley.” Grand Park (GP) Development LLC. is also requesting approval of a revised phasing plan and approval of afinal plat, The Village at Grand Park-Filing 2 Lot 12A & Tract D. GP Development is proposing to amend the Final Plats for The Village at Grand Park Filing 2B, 2C, 2D and 2E which were approved by the Fraser Town Board in June 2008, but have not yet been recorded. GP Development is proposing to modify the phasing plan. The applicant is proposing to split lot 12 into lots 12A, 12B and 12C and lots 10 and 11 into lots 10, 11A and 11B creating a total of 14 lots within the Village at GP, Filing 2. In January and May 2011, the Planning Commission recommended approval of the rezoning request, the PDD, Final Plan/Development Permit, the revised phasing plan and the Final Plat, The Village at Grand Park -Filing 2 Lot 12A & Tract D with conditions. One of the conditions is that a portion of the utility easement at reception # 2008007838 needs to be vacated as the proposed building encroaches on a portion of this existing utility easement which contains existing storm sewer infrastructure. Please see the separate application submitted by Grand Park entitled “GP Utility Easement Vacation Lot 12A.” Enclosed in the packet is the recorded utility easement agreement entitled “Utility Easement Agreement Reception #2008007838.” Exhibit B,sheet 4 of 11,shows the utility easement vicinity map. This is a good visual ofthe entire easement. Staff is agreeable to vacating the 88.67 square feetof the utility easement. This will be vacated by the Final Plat-The Village at Grand Park Filing 2A & Tract D.See sheet 2 of 2. Staff is still reviewing the following: An access easement agreement which will allow public access through Market stnd Street from 1Street to 2Street (see Final Plat Phasing Plan). A Snow Management Plan which would have Fraser provide snow management services on the private streets within The Village at GP. Anoff-site snow storage easement. Options for a trail easement. Pending any comments that may arise at the public hearing, Staff is recommending approval of rezoning of the property from Business to PDD, the Planned Development District Plan (PDD), Final Plan/Development Permit, the Final Plat Phasing Plan -The Village at Grand Park –Filing 2, and The Final Plat, The Village at Grand Park –Filing 2, Lot 12A & Tract D with the following conditions: 1.A Subdivision Improvement Agreement (SIA) shall be provided prior to recordation of each final plat. Town of Fraser PO Box 370, Fraser, CO 80442 office 970-726-5491fax 970-726-5518 www.frasercolorado.com 2.The SIA requiredimprovements and collateral associated with those improvements shall be subject to Town Engineer and Attorney approval prior to execution and the schedule for completion of said improvements shall be within one year of execution of the SIA. 3.Any plat not executed and recorded within 5 years from June 4, 2008 shall expire unless an extension is approved by the Town Board. 4.All documents to be approved by the Town Engineer & Attorney. 5.An addendum to the Construction Plans needs to be submitted and approved by the Townto reflect the change in the alignment of Second Street. 6.A Construction Guarantee Agreement (CGA) needs to be executed for the private improvements prior to building permit issuance. 7.Town approval of an access easement agreement which will allowpublic access stnd through Market Street from 1Street to 2Street (see Final Plat Phasing Plan). 8.Town approval of the off-site snow storage easement. 9.Resolution on the trail easement. Realizing that this is a complex planning and zoning development proposal, please contact me if you have any questions and/or comments. Town of Fraser PO Box 370, Fraser, CO 80442 office 970-726-5491fax 970-726-5518 www.frasercolorado.com PUBLIC WORKSBRIEFING (As of 6/10for 6/15/2011meeting) WATER~ Continue following up ona very small numberof meter issuesand working with property owners to get their meters reinstalled from being removed during the winter months freezing temps. Working on water & wastewater revolving fund surveysthat are due to the State by 6/30. Consumer Confidence Reports (CCR) for our drinking water systems are beingpublished th next week ahead of the June 30deadline. Continue with our twice-a-day high water watch along the Fraser River Trail. So far we have seen very minimal damage to the trail. SANITARY SEWER~ Staff has been performing I&I inspections on man holes throughout town to identify those structures that are leaking and contributing infiltration to the system. Once the leaking manholeshave been identified, we will evaluate costs and put together a proposal for repairs. Based on the number of manholes in need of repair this may need to be a phased project, similar to how it has been handled in years past. STREETS~ th The Chip & Seal project is anticipated to begin on the week of July 11and take approximately 3-4 days. We will be storing our chip product in the parking lot of the elementary school with their permission. PW will sweep the entire lot at the end of the job. A date for the start of the Drainage Swale improvement project along upper Quail drive has not yet been set. In preparation of high water in the rivers, we have staged empty sand bags and sand in the sand castle over at the shop. There have been several property owners and Fraser property management companies that have taken up the offer of the bags and sand. STREETSCAPES/GARDENING~ Hiring of seasonal summergardenerstaff is complete. Distribution of the hanging baskets hasbeen postponed until Wednesday June 22. They can be picked up at the PW facility on Wednesday between the hours of 7-10 a.m. We’re entertaining proposals for private enterprises to perform the mowing operations of the Quail open space area. Of the three local landscape contractors contacted, I have met with two of them.Neither of them seemed overly interested in the work. We’ll have to see what the third has to offer…6/10-still pending. DEVELOPMENT~ Continue with construction and utility standards updates and consolidationof documents and drawings. Questions or Concerns? Email me: anordin@town.fraser.co.usor 970-531-1844. Town of Fraser PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518 www.frasercolorado.com June 2, 2011 East Grand School District Attn: Board of Directors PO Box 125 Granby, CO 80446 Dear Board of Directors: I am writing on behalf of the Fraser Town Board to confirm our interest in supporting the School District and our shared goal of high quality education for all students within the District. We understand well the difficult challenges you face in these economic times as we too are facing our own municipal challenges. Thus, while we are interested in committing resources toward education, we cannot commit any financial resources at this time. We'd like to stay engaged in your processes and will give funding requests further consideration. Please continue to keep us apprised of your progress. In the meantime, if there are any other ways we may be of assistance, feel free to contact me. Sincer rey L. Durbin Town Manager cc: Ron Nelson, Grand Foundation 11'111111111 MI,R,„ i�^wu,)�i�VY di www.movecolorado.org P.O. Box 22821 Denver, CO 80222 Invitation to the Pre-Conference MBUF Workshop MOVE Colorado will be hosting a special pre-conference event, at no additional cost, for attendees from Colorado including members, friends of Move Colorado and early National Symposium arrivals. th This eventis scheduled for June 12, Sunday afternoon from 2 PM to 5 PM as a pre-conference briefing and dialogue specific to Colorado’s future transportation needs and possible approaches to sustainable, predictable transportation funding. This open afternoon pre-conference forum will be followed by a hosted reception. Pre-MBUF Conference Colorado Workshop Sunday, June 12, 2011 Great Divide Lodge, Breckenridge, CO “Creating the Future for Funding Colorado’s Transportation Today” 1:00 PM Registration 2:00 PM Opening Keynote “A Funding Crisis Facing Colorado Transportation Infrastructure” Mark Mehalko, President, Move Colorado 2:20 PMPresentations One Solution: MBUF –Overview of the Rand Study Paul Sorenson, RAND Corporation Colorado Application -Local Issues and Politics in Colorado Dr. Flo Raitano, Rural Development Specialists Colorado’s MBUF Pilot Project -Overview and Direction David Ungemah, Parsons Brinckerhoff 3:30PMPanel: Stakeholder Perspectives Economic Development–Bill Becker, Adams County EDC Agriculture/Industry–Cathy Shull,Progressive 15 Air Quality –Skip Spensley, RACQ Member TMA’s/TMO’s-Rich McClintock, Transportation Solutions Discussion Possible Pathways for Colorado –Next Steps. 5:00PMAdjourn 5:30PMColorado Reception for Attendees to MBUF Symposium and Workshop Please pre-register for the Sunday Workshop by contacting Loretta LaRiviere at CH2M HILL Loretta.LaRiviere@CH2M.comIf you have questions on the Workshop event on Sunday, please call rwharrison@comcast.net or email: Randy Harrison,Move Colorado, 303-503-6304 or rwharrison@comcast.netSymposium information isat http://utcm.tamu.edu/mbuf/ é×ÈÈÓÎÕÈÔ×ÌÛÙ×ÖÍÊÈÊÛÎÉÌÍÊÈÛÈÓÍÎÖÇÎØÓÎÕÓÎùÍÐÍÊÛØÍ June 15, 2011 Town of Fraser c/o Planning Department PD Box 370 Fraser, [O8O44Z Re: Grand Park Development Minor Plat Amendment Honorable Mayor Cook, The Town of Winter Park would like to thank you for providing us notice of this proposed development and allowing us the opportunity to comment. The proposed movie theater and bowling alley will be a great addition to the Valley and will provide our residents and guests with fun family activities. The Town of Winter Park does have some concerns regarding traffic movement in and around the proposed development. As you are aware, Grand Park's development plans include a vehicular connection to Winter Park via the extension of Lion's Gate Drive/FraserVaUey Parkway. It is our belief that this connection should be constructed and paved as part of this development between King's Crossing Road and First Street to alleviate traffic problems at the intersection of King's Crossing Road and US Highway 40. The roadway should also be maintained and open year-round. In addition, the traffic created by this development brings up a larger question of when the roadway intersection improvements at Rendezvous Road and US Highway 40 wirl be constructed as described in the Fraser-Winter Park Road Network Planning traffic management plan as well as in the Grand Park FPDP. This intersection has significant bearing on traffic movement on the east and west side of US Highway 40 in Winter Park, and its implementation will alleviate many of the pedestrian and vehicular concerns that our communities have in this area. We are not requesting that this issue be resolved by the movie theater and bowling alley development, but it is something that needs to be addressed by our two communities, Grand Park, Rendezvous, and other interested and affected parties. Thank you for the opportunity to comrnent on this proposed developmerit in the Town of Fraser. If you have any questions or would like to discuss this further, please contact James Shockey, 4|[P, Town P|onnerat97O-726-BOD1nrjshnckey@vvpgnv.com. Sincerely, James F. Mayor Town of Winter Park pu. box 3327 winter park, vvlozoJn804V2 phone (970) 726-8081 fax (970) 726-8084 www.winterparkgov.com