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HomeMy WebLinkAboutRESOLUTION 04-9800RESOLUTION#4-98STATEOFCOLORADO)COUNTYOFLARIMER)UTOWNOFESTESPARK)TheBoardofTrusteesoftheTownofEstesPark,Colorado,metinregularsessioninfullconformitywiththerulesandordinancesoftheTownattheMunicipalBuilding,170MacGregorAvenue,inEstesPark,ColoradoonTuesday,the10thofMarch,1998,at7:30p.m.Uponrollcallthefollowingwerepresentconstitutingaquorum:Mayor:RobertL.DekkerMayorPro-Tern:SusanL.DoylenTrustees:JeffBarkerJohnBaudekGeorgeJ.HixWilliam.3.MarshallJ.DonaldPauleyAbsent:NoneAlsoPresent:TownAdministrator:GaryKlaphakeTownTreasurer/FinanceOfficer:MonteVavraTownClerk:VickieOConnorTownAttorney:GregoryWhite,Esq.ThereuponTrusteePauleyintroducedandtherewasreadthefollowingResolution:#382445 CCRESOLUTIONNO.4-98ARESOLUTIONREVISINGTHEFINALTOTALCOSTOFTHEPUBLICIMPROVEMENTSMADETNPARKENTRANCEESTATESSPECLkLIMPROVEMENTDISTRICTNO.95-1,INTHETOWNOFESTESPARK,COLORADO;ADJUSTINGANDREDUCINGTHESHAREOFSAIDCOSTASSESSEDAGAINSTEACHLOTTNTHEDISTRICT;ANDRATIFYINGTHEMANNERFORTHECOLLECTIONANDPAYMENTOFSAIDASSESSMENTS.WHEREAS,byOrdinanceNo.12-95,finallypassedandadoptedonAugust8,1995,theBoardofTrustees(the“Board”)oftheTownofEstesPark,Colorado(the“Town”),createdParkEntranceEstatesSpecialImprovementDistrictNo.95-1(the“District”),forthepurposeofpayingforpublicimprovementstobeconstructedintheDistrict;andWHEREAS,thetotalcostofsuchpublicimprovementswasdefinitelyascertainedinaccordancewithstatestatutes;andWI-IEREAS,suchtotalcostwasdulyandlawfullydeterminedtobe$460,000,less$20,000whichwaspaidbytheTowntoreflectthegeneralbenefitprovidedbysuchimprovementstotheTown.leaving$440,000tobeassessedagainsttherealpropertyspeciallybenefitedandincludedwithintheDistrict;andWHEREAS,theBoardapportionedashareofsuchcosttoeachlotintheDistrict,inaccordancewiththebenefitstobederivedbysaidpropertyandpreparedanassessmentrollshowingtheshareattributedtoeachsuchproperty;andWHEREAS,theBoarddulyadoptedOrdinanceNo.5-96(the‘AssessmentOrdinance”),approvingandconfirmingsuchapportionmentofsaidtotalcosttopropertieswithintheDistrictreceivingspecialbenefitfromtheconstructionofthepublicimprovements;andWHEREAS,theBoarddirectedtheTownTreasurer/FinanceOfficertocollectamountspayableinaccordancetherewith;andWHEREAS,ownersof23assessedpropertieshavepaidtheassessmentsonsuchpropertiesinfullonorbeforethedateofthisResolution;andWHEREAS,ownersof14assessedpropertieselectedtopayandnowarepayingtheassessmentsontheirpropertiesinten(10)annualinstallments,withinterest;and3S21452 CCWHEREAS,theconstructionoftheimprovementsintheDistrictnowhasbeencompletedandallcostshavenowbeenpaidbytheTown;andWHEREAS,thetotalcostofsuchimprovementsactuallywaslessthanthedefinitelyascertainedcostof$460,000;andWHEREAS,theBoardhasdeterminedandherebydeterminesthatitisinthebestinterestoftheinhabitantsoftheDistricttoadjustandreducetheassessmentswhicharepayableininstallmentsbycurrentpropertyownerswithintheDistrictonaproratabasistoreflectsuchreductioninthetotalcostoftheimprovementsandtoreducetherateofinterestthereon;andWHEREAS,theBoardhasdeterminedandherebydeterminesthatitisinthebestinterestoftheinhabitantsoftheDistricttoreffindaportionoftheassessmentswhichhavebeenpaidinff11onaproratabasistocurrentpropertyownerstoreflectsuchreductioninthetotalcostoftheimprovements;andWHEREAS,thesingleholderofcertainspecialassessmentbondsoftheTownissuedtofinancetheimprovementswithintheDistricthasagreedtothereductioninassessmentsinwriting;andWI-JEREAS.itisnecessary’fortheBoard:(i)toauthorizesuchadjustmentandreductionintotalcostbylegislativemeasure;(H)toapproveandconfirmrefundstocurrentownersofpropertiesforwhichassessmentshavebeenpaidinfull;(Hi)toapproveandconfirmanamendedassessmentrollforcurrentownersofpropertiesforwhichassessmentsarebeingpaidininstallments;and(iv)toratifythetermsandprovisionsoftheAssessmentOrdinance;NOWTHEREFORE,THETO’WThJOFESTESPARK,COLORADORESOLVES:Section1.ConfirmationofAdjustedandReducedCostsandAssessments.TheadjustedandreducedtotalandfinalcostoftheimprovementsintheDistrictisherebyapprovedandconfirmedasofMarch10,1998.TheBoardherebyadjustsandreducestheshareofsaidcostassessedtoanduponeachlotwithintheDistrict.SaidapportionmentisherebydeclaredtobeinaccordancewiththespecialbenefitswhichthepropertyintheDistrictreceivedbyreasonoftheconstructionofsaidimprovements.Section2.AssessmentsPaidinInstallments.Currentownersofthe14propertiesforwhichassessmentsarebeingpaidovertimeshallpaythereducedannualinstallmentssetforthon#382445-3 00ExhibitA,attachedheretoandincorporatedhereinbythisreference,tocorrectfortheadjustedandreducedassessmentamounts.Section3.AssessmentsPaidinFull.Currentownersofthe23propertiesforwhichassessmentswerepaidinftllpriortothedateofthisResolutionshallreceiveproratedamountsincashtocorrectfortheadjustedandreducedassessmentamounts.AscheduleshowingsuchamountapplicabletoeachpropertyindividuallyisattachedheretoasExhibitBandincorporatedhereinbythisreference.Section4.PaymentofAssessments.TheBoardherebydirectstheTownTreasurer/FinanceOfficertocollectallofthereducedamountsnowpayableininstallmentsasanassessmentundertheAssessmentOrdinancepursuanttoSection31-25-526(1),ColoradoRevisedStatutes.TheassessmentsshallbedueandpayableattheofficeoftheTownTreasurer/FinanceOfficeratthesametimeandinthesamemannerassetforthintheAssessmentOrdinance.Section5.WaiverofObjections.PursuanttothetermsoftheAssessmentOrdinance,allpersonselectingtopayininstallmentsshallconclusivelybeconsideredtohaveconsentedtosaidimprovements.SuchelectionshallconclusivelybeconsideredtobeawaiverofanyrighttoquestionthepowerorjurisdictionoftheTowntoconstructtheimprovements,thequalityofthework,theregularityorsufficiencyoftheproceedings,thevalidityorthecorrectnessoftheassessments,orthevalidityofthelienthereof.Section6.Installments.TheremainderofsaidinstallmentsshallbedueandpayablesuccessivelyonorbeforeApril15ofeachyearthereafteruntilpaidinfull,withinterestontheunpaidprincipal.Therateofsuchinterestontheassessmentswasadoptedat6.750%butwillnowbecalculatedat5.00%oftheprincipalamountoutstandingoneachassessment.InteresthasaccruedatthelowerratefromApril16,1997.Thetenth(10th)andlastinstallmentwillbedueandpayableonApril15,2006.Theownerofanypropertynotindefaultastopaymentofanyinstallmentorportionthereofmayatanytimepaythewholeoftheunpaidprincipalwiththeinterestaccruingtothematurityofthenextinstallment.Section7.PenaltyforDefaultorNon-Payment.Failuretopaythewholeamountofanyinstallmentwhenduealsoshallcausethewholeoftheunpaidprincipalofandinterestontheassessmentamounttobecomedueandcollectibleimmediately.Thewholeamountofanysuchunpaidprincipalandtheaccruedinterestthereonshall,aftersuchpropertysaleorsuchfailuretopay#3824454 CCaninstallment,drawinterestattherateestablishedpursuanttoSection5-12-106(2)and(3),ColoradoRevisedStatutes,untilthedateofforeclosuresaleortaxsale.Inthecaseoffailuretopayanyinstallmentorportionthereof;atanytimepriortothedateofforeclosuresaleortaxsaletheownermaypaytheamountofallunpaidinstallmentswithinterestatsaidpenaltyratepermonthorfractionofamonthandallotherpenaltiesandcostsofcollectionaccrued,andshallberestoredtotherightthereaftertopayininstallmentsinthesamemannerasifthedefaulthadnotbeensuffered.Section8.AssessmentLien.AllassessmentsleviedagainsttherealpropertyintheDistrict,togetherwithallinterestthereonandpenaltiesfordefaultinpaymentthereof;andallcostsincollectingthesame,shallconstitute,fromthedateofthefinalpublicationoftheAssessmentOrdinance,aperpetuallienintheseveralamountsassessedagainsteachlotortractofland.Suchlienshallhavepriorityoverallotherliensexceptgeneraltaxliens,andshallbeenforcedinaccordancewiththelawsoftheStateofColorado.Section9.RatificationofAssessmentOrdinance.ThetermsandprovisionsoftheAssessmentOrdinanceareherebyratifiedandconfirmedintheirentiretyexceptinsofarastheadjustmentandreductionofassessmentsauthorizedinthisResolutionshallmodi&anysuchtermsandprovisions.Section10.Severability.IfanyoneormoresectionsorpartsofthisResolutionshallbeadjudgedunenforceableorinvalid,suchjudgmentshallnotaffect,impair,orinvalidatetheremainingprovisionsofthisResolution,itbeingtheintentionthatthevariousprovisionshereofareseverable.Section11.Repealer.Allacts,orders,resolutions,ordinances,orpartsthereof;inconflictwiththisResolution,areherebyrepealed.Section12.RecordingandAuthentication.ThisResolution,immediatelyonitspassage,shallberecordedinthecustomarymannerforTownResolutionsandshallbeauthenticatedbythesignaturesoftheMayorandTovnClerk.Section13.EffectiveDate.ThisResolutionshallbeeffectiveimmediatelyuponitsadoptionbytheBoard.#3824455 CCINTRODUCED,READ,ANDADOPTEDataregularmeetingontheBoardofTrusteesonMarch10,1998.(SEAL)ATTEST:CTownClerk#3824456 0CEXHIBITAtoResolutionNo.4-98(Attachamendedassessmentroll)#3824457 00REVISEDPARKENTRANCEESTATES5.1.0.#95-1ESTESPARK,COLORADOASSESSMENTROLLAssessedProperty:Lot,Block1,ParkEntranceEstatesSchedule#577.871PropertyOwnerKNAPP,GilbertP.&Mary.).19ParkSt.Spencer,NY14883-0381TotalAssessmentAmount:$8,929.53RevisedAssessmentAmount:7,519.87InsatailmentCollectionPrincipalInterestTotalDateDueDueDue4/16/96Pd03128/974/15197653.97602.731,256.704/15)98581.48343.30924.784/15/99618.60314.22932.824/15/00658.91283.29942.204/15/01702.61250.35952.964115/02749.93215.22965.154/15103801.12177.72978.844/15/04856.45137.66994.114/15/05916.1894.841,011.024/15/06980.6249.031,029.65Total7,519.872,468.359,988.22OrginalPrincipal$8,929.53Principalasof02/26/986,865.90Orginal#ofinstallments10Installmentsremainingasof02/281989OrginalAssessmentRate6.75%RevisedAssessmentRate5.00%ParkEntranceEstatesRefund/Knapp/3/16/98 0cREVISEDPARKENTRANCEESTATESS.LD.#95-1ESTESPARK,COLORADOASSESSMENTROLLAssessedProperty:Lot3,Block1,ParkEntranceEstatesSchedule#577,893PropertyOwnerRYBERG,PaulJr.,Sonja&Jan3343KinkaidDriveDallas,DC75220-7137TotalAssessmentAmount:$8,929.53RevisedAssessmentAmount:7,519.87InsatallmentCollectionPrincipalInterestTotalDateDueDueDue4/16/96Pd03/13/974115/97653.97602.731,256.704/15/98581.48343.30924.784115/99618.60314.22932.824/15/00658.91283.29942.204/15/01702.61250.35952.964/15/02749.93215.22965.154/15/03801.12177.72978.844/15/04856.45137.66994.114/15/05916.1894.841,011.024/15/06980.6249.031,029.65Total7,519.872,468.359,988.22OrglnalPrincipal$8,929.53Principalasof02/28/986,865.90Orginal#ofinstallments10Installmentsremainingasof02/28/989OrginalAssessmentRate6.75%RevisedAssessmentRate5.00%ParkEntranceEstatesRefund/Ryberg/3116/96 0cREVISEDPARKENTRANCEESTATESS.l.D.#95-1ESTESPARK,COLORADOASSESSMENTROLLAssessedProperty:Lot8,Block1,ParkEntranceEstatesSchedule#577,944PropertyOwnerCALDWELL,JohnL.&MonaMaeP.O.6ox747EstesPark,CO80517TotalAssessmentAmount:$8,929.53RevisedAssessmentAmount:7,519.87InsatalimentCollectionPrincipalInterestTotalDateDueDueDue4/16/96Pd031131974/15/97653.97602.731,256.704/15/98581.48343.30924.784/15/99618.60314.22932.824/15/00658.91283.29942.204/15/01702.61250.35952.964/15/02749.93215.22965.154/15/03801.12177.72978.844/15/04856.45137.66994.114/15/05916.1894.841,011.024/15/06980.6249.031,029.65Total7,519.872,468.359,988.22OrginalPrincipal$8,929.53Principalasof02/28/986865.90Orginal#ofinstallments10Installmentsremainingasof02/28/989OrginalAssessmentRate6.75%RevisedAssessmentRate5.00%ParkEntranceEstatesRefund/CaldwelW3Il6/98 00REVISEDPARKENTRANCEESTATESS.LD.#95-1ESTESPARK,COLORADOASSESSMENTROLLAssessedProperty:Lot9,Slack1,ParkEntranceEstatesSchedule#577.952PropertyOwnerRAMSEY,JaneA.Moran,ElizabethJaneR.P.0.Box3305EstesPark,CO60517TotalAssessmentAmount:$8,929.53FirstRevisedAssessmentAmount:6,697.15SecondRevisedAssessmentAmount5,311.60InsatailmentCollectionPrincipalInterestTotalDateDueDueDue4/16/96Pd04/14/974/15/97490.48452.06942.544/15/98409.63241.06650.694/15/99434.97220.57655.544/15/00462.71198.83661.544/15/01492.98175.69668.674/15/02525.97151.04677.014/15/03561.86124.74686.604/15/04600.8696.65697.514/15/05643.1666.61709.774/15/06668.9834.45723.43Total5,311.601,761.707,073.30OrginalPrincipal$8,929.53Principalasof02/28/984,821.15Orginal#ofinstallments10Installmentsremainingasof02/28/989OrginalAssessmentRate6.75%RevisedAssessmentRate5.00%ParkEntranceEstatesRefund/Ramsey/3/16/98 0oREVISEDPARKENTRANCEESTATESSAD.#95-1ESTESPARK,COLORADOASSESSMENTROLLAssessedProperty:Lot14,Block1,ParkEntranceEstatesSchedule#578,029PropertyOwnerPINKHAM,William,&SusanP.0.Box369Glenmoore,PA19343TotalAssessmentAmount:$8929.53RevisedAssessmentAmount:7519.87InsatallmentCollectionPrincipalInterestTotalDateDueDueDue4/16/96Pd03/13/974115/97653.97602.731,256.704/15/98581.48343.30924.784/15/99618.60314.22932.824/15/00658.91283.29942.204/15/01702.61250.35952.964/15/02749.93215.22965.154/15/03801.12177.72978.844/15/04856.45137.66994.114/15/05916.1894.841,011.024/15/06980.6249.031,029.65Total7,519.872,468.359,988.22OrginalPrincipal$8929.53Principalasof02128/986,865.90Orginal#ofinstallments10Installmentsremainingasof02/28/989OrginalAssessmentRate6.75%RevisedAssessmentRate5.00%ParkEntranceEstatesRefund/Pinkham/3/16/98 0REVISEDPARKENTRANCEESTATESS.l.D.#95-1ESTESPARK,COLORADOASSESSMENTROLLAssessedProperly:Lot16,Block1,ParkEntranceEstatesSchedule#578,045ProperlyOwnerKNECHT,DavidV.&LindaA.1624ReaganDriveAmes,IA50010TotalAssessmentAmount:$8,929.53RevisedAssessmentAmount:7519.87InsatalimentCollectionPrincipalInterestTotalDateDueDueDue4/16/96Pd04/091974/15/97653.97602.731,256.704/15/98581.48343.30924.784/15/99618.60314.22932.824/15/00658.91263.29942.204/15/01702.61250.35952.964/15/02749.93215.22965.154/15/03801.12177.72978.844/15/04856.45137.66994.114/15/05916.1894.841011.024/15/06980.6249.031,029.65Total7,519.872,468.359,988.22OrginalPrincipal$8,929.53Principalasof02/28/986,865.90Orginal#ofinstallments10Installmentsremainingasof02/28/989OrginalAssessmentRate6.75%RevisedAssessmentRate5.00%ParkEntranceEstatesRefund/KnechU3/16198 C0REVISEDPARKENTRANCEESTATES5.1.0.#95-1ESTESPARK,COLORADOASSESSMENTROLLAssessedProperty:Lot20,Block1,ParkEntranceEstatesSchedule#569,810PropertyOwner:GUY,Reginald&JudyA.680HighviewCt.EstesPark,CO80517TotalAssessmentAmount:$8,929.53FirstRevisedAssessmentAmount:4,464.76SecondRevisedAssessmentAmount3,103.42InsatallmentCollectionPrincipalInterestTotalDateDueDueDue4/16/96Pd04/15/974/15/97326.99301.37628.364/15/98237.80138.82376.624/15/99251.36126.93378.294/15/00266.51114.36380.874/15/01283.36101.04384.404/15/02302.0286.87388.894/15/03322.6271.77394.394115/04345.2855.64400.924/15/05370.1538.37408.524/15/06397.3319.87417.20Total3,103.421,055.044,158.46OrginalPrincipal$8,929.53Principalasof02/28/982,776.39Orginal#ofinstallments10Installmentsremainingasof02/28/989OrginalAssessmentRate6.75%RevisedAssessmentRate5.00%ParkEntranceEstatesRefund/Guy/3/16/98 C0REVISEDPARKENTRANCEESTATES5.1.0.#95-1ESTESPARK1COLORADOASSESSMENTROLLAssessedProperty:Lot22,BlockI,ParkEntranceEstatesSchedule#561096PropertyOwnerSILBER,RobertL.&Phyllis650HeinzParkway,MREstesPark,CO80517TotalAssessmentAmount:$8,929.53RevisedAssessmentAmount:7,519.87InsatalimentCollectionPrincipalInterestTotalDateDueDueDue4/16/96Pd03/21/974115/97653.97602.731,256.704/15/98581.48343.30924.784/15/99618.60314.22932.824/15/00658.91283.29942.204/15/01702.61250.35952.964/15/02749.93215.22965.154/15/03801.12177.72978.844/15I04856.45137.66994.114/15/05916.1894.841,011.024/15/06980.6249.031,029.65Total7,519.872,468.359,988.22OrginalPrincipal$8,929.53Principalasof02/28/986,865.90Orginal#ofinstallments10Installmentsremainingasof02/28/989Or9inalAssessmentRate6.75%RevisedAssessmentRate5.00%ParkEntranceEstatesRefund/Silber/3/16/98 00REVISEDPARKENTRANCEESTATESS.l.D.#95-1ESTESPARK,COLORADOASSESSMENTROLLAssessedProperty:Lot23,Block1,ParkEntranceEstatesSchedule#569836PropertyOwnerLONDON,GusH.&BarbaraA.,Trustee8782BransonDriveGranitBay,CA95746TotalAssessmentAmount:$8,929.53RevisedAssessmentAmount:7519.87InsatalimentCollectionPrincipalInterestTotalDateDueDueDue4/16/96Pd04/11/974/15/97653.97602.731,256.704/15/98581.48343.30924.784/15/99618.60314.22932.624/15/00658.91283.29942.204/15/01702.61250.35952.964/15/02749.93215.22965.154/15/03801.12177.72978.844/15/04856.45137.66994.114/15/05916.1894.841,011.024/15/06980.6249.031,029.65Total7,519.872,468.359,988.22OrginalPrincipal$8,929.53Principalasof02/28/986,865.90Orginal#ofinstallments10Installmentsremainingasof02/28/989OrginalAssessmentRate6.75%RevisedAssessmentRate5.00%ParkEntranceEstatesRefund/London/3/16/98 00REVISEDPARKENTRANCEESTATES5.1.13.#95-1ESTESPARK,COLORADOASSESSMENTROLLAssessedProperty:Lot2,Block2,ParkEntranceEstatesSchedule#576930PropertyOwner:SCHAFFER,StanleyG.&JudithA.16401WilsonFarmDr.Chesterfield,MO6305&,SCt5TotalAssessmentAmount:$17,361.20FirstRevisedAssessmentAmount8431.66SecondRevisedAssessment7,211.71InsatalimentCollectionPrincipalInterestTotalDateDueDueDue4)16/96Pd04/15/974/15/97617.51569.151,186.664115198563.64329.71893.354/15/99598.14301.53899.674/15/00635.63271.62907.254/15/01676.33239.84916.174/15/02720.46206.02926.484/15/0376825170.00938.254/15/04819.92131.59951.514/15/05875.7790.59966.364/15/06936.0646.80982.86Total7,211.712,356.859,568.56OrginalPrincipal$17,361.20Principalasof02/28/986,594.20Orginal#ofinstallments10Installmentsremainingasof02128/989OrginalAssessmentRate6.75%RevisedAssessmentRate5.00%ParkEntranceEstatesRefund/Schaffer/3/16/98 C0REVISEDPARKENTRANCEESTATES5.1.0.#95-1ESTESPARK,COLORADOASSESSMENTROLLAssessedProperty:Lot3,Block2,ParkEntranceEstatesSchedule#576,948PropertyOwnerPOLLOCK,LawrenceH.&GillianC.P.0.Box4072EstesPark,CO80517TotalAssessmentAmount:$17,361.21RevisedAssessmentAmount:14,731.59InsatailmentCollectionPrincipalInterestTotalDateDueDueDue4/16/96Pd07/03/974/15/971,271.481,171.882,443.364/15/981,135.12673.011,808.134/15/991,216.74616.251,832.994/15/001,299.54555.411,854.954/15/011,383.94490.441,874.384/15/021,475.39421.241,896.634/15/031,569.37347.471,918.844/15/041,676.37269.001,945.374/15/051,791.95185.181,977.134/15/061,911.6995.582,007.27Total14,731.594,825.4619,557.05OrginalPrincipal$17,361.20Principalasof02/28/9813,460.11Orginal#ofinstallments10Installmentsremainingasof02/28/989OrginalAssessmentRate6.75%RevisedAssessmentRate5.00%ParkEntranceEstatesRefund)Poflock/3/16/98 CCREVISEDPARKENTRANCEESTATES3.1.0.#95-1ESTESPARK,COLORADOASSESSMENTROLLAssessedProperty:Lot4,Block2,ParkEntranceEstatesSchedule#576,956PropertyOwnerWILKINS,SidneyH.&KayE.Williams560GrandviewPlaceSanAntonio,TX78209TotalAssessmentAmount:$17,361.21RevisedAssessmentAmount:14,731.59InsatalimentCollectionPrincipalInterestTotalDateDueDueDue4/16/96Pd04/07/974115/971,271.481,171.882,443.364/15/981,135.12673.011,808.134/151991,216.74616.251,832.994/15/001,299.54555.411,854.954/15/011,383.94490.441,874.3841151021,475.39421.241,896.634/15/031,569.37347.471,916.844/15/041,676.37269.001,945.374/15/051,791.95185.181,977.134115/061,911.6995.582,007.27Total14,731.594,825.4619,557.05OminalPrincipal$17,361.20Principalasof02/26/9813,460.11Orginal#ofinstallments10Installmentsremainingasof02/28/969OrginalAssessmentRate6.75%RevisedAssessmentRate5.00%Note:ThispropertywasorginallyssessedtoRueben&HelenRoethie.NameofownerswaschangedasperLarimerCountyAssessorsrecords.ParkEntranceEstatesRefund/VVilklns/3119/98 0cREVISEDPARKENTRANCEESTATESS.I.D.#95-1ESTESPARK,COLORADOASSESSMENTROLLAssessedProperty:Lot6,Block2,ParkEntranceEstatesSchedule#576,964PropertyOwnerWILLIAMS,Fredft&JeanA.RFD#1P.0.Box83Funk,NE68940TotalAssessmentAmount:$17361.21RevisedAssessmentAmount:14.73159InsatallmentCollectionPrincipalInterestTotalDateDueDueDue4/16/96Pd05/08/974/15/971271.481,171.882,443.364/15/981,135.12673.011,808.134115/991,216.74618.251,832.994/15/001,299.54555.411,854.954/15/011,383.94490.441,874.384/15/021,475.39421.241,896.634/15/031,569.37347.471,916.844/15/041,676.37269.001,945.374/15/051,791.95185.181,977.134/15/061,911.6995.582,007.27Total14,731.594,825.4619,557.05OrginalPrincipal$17,361.20Principalasof02)28/9813,460.11Orginal#ofinstallments10Installmentsremainingasof02/28/989OrginalAssessmentRate6.75%RevisedAssessmentRate5.00%ParkEntranceEstatesRefund/Williams,Fred/3/16/98 CCREVISEDPARKENTRANCEESTATES5.10.#95-1ESTESPARK,COLORADOASSESSMENTROLLAssessedProperty:ThattractoflanddescribedinBook1575atPage463oftheLadmerCountyClerk&RecordersRecords(ChittwoodProperty).ParkEntranceEstates.Schedule#577.014PropertyOwnerMAREK,Stan&ReinneftMorn#3StageStopCreekHouston,TX77024TotalAssessmentAmount:$17,361.21RevisedAssessmentAmount:14,731.59InsatallmentCollectionPrincipalInterestTotalDateDueDueDue4/16/96Pd03/13/974/15/971,271.481,171.882,443.364/15/981,135.12673.011,808.134/15/991,216.74616.251832.994/15/001,299.54555.411,854.954/15/011,383.94490.441,874.384/15/021,475.39421.241,896.634/15/031,569.37347.471,916.544/15/041676.37269.001,945.374/15/051,791.95185.181,977.134/15/061,911.6995.582,007.27Total14,731.594,825.4619,557.05OrginalPrincipal$17,361.20Phncipalasof02)28/9813460.11Orginal#ofinstaHments10installmentsremainingasof02/28/989OrginalAssessmentRate6.75%RevisedAssessmentRate5.00%ParkEntranceEstatesRefund/Mareki3/16198 00EXHIBITBto•ResolutionNo.4-98(AttachRefundCalculations)#3824458 CTownofEstesParkCParkEntranceEstatesRefundWorksheet12131/1997AssessmentsPaidoffDñortoissuanceofBonds:TotalStreetWater%of%ofLegalAmountImp.PdorImp.PdorStreetsStreetsWaterWaterOrginalOwnerDescriptionPaidAssessedAssessedCollectedRefundCollectedRefundWilliamJonesLot2,Block18,317.698,317.690.002.71%1,313.080.00%0.00MichaelMcEowenLot4,Block18,317.698,317.690.002.71%1,313.080.00%0.00KathrynGrotenhuisLots,Block18,317.698,317.690.002J1%1313.080.00%0.00HaroldGutjahrLot6,Block18,317.698,317.690.002.71%1,313.080.00%0.00RobertWitherellLot7,Block18,317.868,317.860.002.71%1,313.100.00%0.00HerbertMeissnerLot10,Block18,317.698,317.690.002.71%1,313.080.00%0.00JaniceLarkinLothA,8,317.698,317.690.002.71%1,313.080.00%0.00RobertWilliamsLot15,Block18,317.698,317.690.002.71%1,313.080.00%0.00NormanReamLot17,Block18,317.698,317.690.002.71%1,313.080.00%0.00JackRanneyLot18,Block18,317.698,317.690.002.71%1,313.080.00%0.00EdgarMenningLot19,Block18,317.698,317.690.002.71%1,313.080.00%0.00EdwardDragonLot21,Block18,317.868,317.860.002.71%1,313.100.00%0.00Steidl,RichardLot24,Block18,317.698,317.690.002.71%1,313.080.00%0.00CarlotteLienemannLot25,Block18,317.698,317.690.002.71%1,313.080.00%0.00CarlBurgenerLot26,Block18317.698,317.690.002.71%1,313.080.00%0.00JamesMckayLot1,Block216,171.968,317.697,854.272.71%1,313.087.46%1,136.41RobertMurphyLot5,Block216,171.968,317.697,854.272.71%1,313.087.46%1,136.41EdwinAcelaLot7,Block216,171.968,317.697,854.272.71%1,313.087.46%1,136.41PeggyMcFarlandLot8,Block216,171.968,317.697,854.272.71%1,313.087.46%1,136.41RalphHopperLot9,Block216,766.588,624.268,142.322.81%1,361.477.73%1,178.09TedChitwoodLot10,Block216,171.968,317.697,854.272.71%1,313.087.46%1,136.41RobertGarrettLot1&OutlotA16,171.968,317.697,854.272.71%1,313.087.46%1,136.41RobertGarrettTractofLand16,171.968,317.697,854.272.71%1,313.087.46%1,136.41ParkEntranceEstatesRefundl3fl9/98 00TrusteePauleythenmovedthattheforegoingResolutionreadatthismeetingbeadopted.TrusteeMarshallsecondedthemotion.Thequestionbeingupontheadoptionofthemotion,therollwascalledwiththefollowingresult:ThosevotingYES:JeffBarkerJohnBaudekSusanL.DoylenGeorgeJ.HixWilliamJ.MarshallJ.DonaldFauleyThosevotingNO:NoneThepresidingofficerthereupondeclaredthat,notlessthanamajorityofallthemembersoftheBoardofTrusteeshavingvotedinfavorthereofthemotionwascarriedandtheResolutionadopted.Thereupon,afterconsiderationofothermatterstocomebeforetheBoardofTrustees,themeetingwasadjourned.(SEAL)cCTownClerk#3824459 CCSTATEOFCOLORADO))COUNTYOFLARIMER))TOWNOFESTESPARK)I,VickieO’Connor,TownClerkoftheTownofEstesPark,Colorado,doherebycerti&thattheforegoingpagesnumberedIto9,inclusive,constituteatrueandcorrectcopyoftherecordofproceedingsoftheBoardofTrustees,takenataregularmeetingthereof,heldattheMunicipalBuilding,170MacGregorAvenue,inEstesPark,Colorado,theregularmeetingplaceoftheBoard,onTuesday,the10thofMarch,1998,insofarassaidproceedingsrelatetotheapportionmentofreducedcostsinParkEntranceEstatesSpecialImprovementDistrictNo.95-1andtheadoptionofaresolutionadjustingandreducingassessmentsimposedwithinsuchspecialimprovementdistrict.INWITNESSWHEREOF,IhavehereuntosubscribedmynameandaffixedtheofficialsealoftheTownofEstesPark,Colorado,this/0dayofMarch,1998.(SEAL)CTownClerk#3S244510