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HomeMy WebLinkAboutC03-176 Town of Eagle~.~ ~ ~- r~7~~~~a ASSIGNMENT OF CERTIFICATE OF DEPOSIT Town of Eagle to Eagle County TO: Wells Far o~ For vah ~~ble consideration, receipt of which is hereby acknowledged, tla~_ Town of Eagle hereby assigns :c< the County of Eagle, State of Colorado, an interest in Certibi~;ate of Deposit No. 947602226 to the extent of Twelve Thousand Three Hundred Twenty One Dollars ($12,321.00) excluding all interest now due or to become due on the assigned amount. This Assignment is given as security for Permit to Construct Within the Public Way No. ~3oZ'~,~This Assignment shall be a continuing assignment and shall remain effective until the Board of County Commissioners, by written resolution, authorizes the release of the security. Eagle County may authorize a reduction in the security represented by this Assignment, by written resolution. The Town of Eagle hereby authorizes Eagle County to demand and collect all or any portion of the deposit to the extent of the assigned amount in accordance with this Assignment, and to issue a receipt for any sums received there from. Town of Eagle hereby directs Wells Fargo Bank to pay to the County, its legal representative, successors or assigns, upon written demand, the amount so demanded, to the extent of the assigned amount. This Assignment shall neither be amended nor terminated without the consent of all signatories hereto, which shall be in writing. DONE this 29th day of May, 2003. B G:t~G~~ aA- Y• William Powell Town Manager Town of Eagle STATE OF COLORADO ) ss COUNTY OF EAGLE ) The for oing was acknowledged before me this .~~ day of ~ ~ ~d0 ~ , by ~ -I ~~ , .~. my hand and official seal. 2;:' M'; ssion expires lI- a?S° ~~~ • M/4RL@IVE AA. ? JOHNSON ~jF~~.,,.e, .,.~@~ Notary Public My Commissimr ~ ~ APPROVED: On behalf of Town of Eagle, I approve the conditions set forth in this Assignment of Certificate of Deposit, and agree that the Assignment shall not be terminated without the written authorization of the Board of County Commissioners of Eagle County, Colorado. DONE this 29th day of May, 2003. STATE OF COLORADO ) ss COUNTY OF EAGLE ) Wells Fargo Bank By: Title: , ' ,~ ~ The forgoin was acknowledged before me this vU day of - l .. ~~t9e`-"' ~''~4EAB.>r by ~~~"~ ion as~; ofl.~~S C~~~.xk ~! ~ ~~°°l,~' '~~ ~~e°'`'~. WITNESS my hand and official s a ~~ ~ ~ ~ : ~~~~~ ~onExpires :~ ~ ~, ~ ~ ~. .~ :~ My commission expires ~~ ~: ~ ~ ~~' : ~ Notary Public APPROVED: ~~~ ATTEST: ~~ ~~~ ~~ ~ A~\~~ ,~~ Clerk to the Beard of County Commissioners COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS By: DATE: ~ ~