HomeMy WebLinkAboutC03-227 Brian M. Lowecap=~~7-~a
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ASSIGNMENT OF CERTIFICATE OF DEPOSIT
TO: West Star Bank
For valuable consideration, receipt of which is hereby acknowledged, BRIAN M.
LOWE hereby assigns to the County of Eagle, State of Colorado, an interest in Certificate of Deposit
No. 6008504 to the extent of $10,000, e:ocluding all interest now due or to become due on the
assigned amount. This Assignment is `given as security for the installation of certain road
improvements and a cistern on the Slater Type A Minor Subdivision , with the- cost of the same being
approximately $27,770. 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 securi~y represented by this
Assignment, by written resolution. ..
BRIAN M. LOWE 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 therefrom. BRIAN M. LOWE hereby directs West Star
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.
BRIAN M. LOWE
APPROVED:
On behalf of West Star Bank, 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 5`~ day of August, 2003.
WEST STAR BANK
William P. Bea
Title: Vice President
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COUl~,`TY OF EAGLE, STATE OF COLORADO
By and through its
BOARD OF CO~INTY COMNIISSIONERS
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to the Board of
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Commissioner
Conmmissioner
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•~ ~ Ir?~t: 000
PERSOI~~AL: 6008504
~ ADVISORIES -WARNINGS
[01 ] BRIAN LOWE
540 EVANS CT
BASALT CO 81621-8310
Funds Held: $10,000.00
WESTSTAR BANK
BILL BEATTY
Portfolio Number:
Product:
Class:
Branch Number.
Accounting Branch:
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Employee/OfFcc~r/Director Code:
Statement CycIF
Tax Name: ••
COD IS ASSIGNED TO EAGLE COUNTY AS SECURITY FOR
THE INSTALLATION OF CERTAIN ROAD IMPROVEMENTS & A
CISTERN ON THE SLATER TYPE A MINOR SUBDI
Responsibility Code: [284] JESSENIA JONES Expiration Date:
Miscellaneous Code: [000] Addenda Number.
Page: 1
System: 08/12/03 10:58 am
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[10301] PERSONAL
[01] PERSONAL
[04] AVON OFFICE
[00004]
[00284] JESSENIA JONES
[000]
[0]
[999] At Maturity
[01] BRIAN LOWE
Aug 5, 2004
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