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HomeMy WebLinkAboutC03-228 H. Charles SlaterQ ~; ASSIGNMENT OF CERTIFICATE OF DEPOSIT TO: WestStar Bank For valuable consideration, receipt of which is hereby acknowledged, H. Charles Slater hereby assigns to the County of Eagle, State of Colorado, an interest in Certificate of Deposit No. 6008604 to the extent of 9,700.00 excluding 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 security represented by this Assignment, by written resolution. H. Charles Slater 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. H. Charles Slater hereby directs WestStar 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. H. Charles Slater August 6, 2003 APPROVED: On behalf of WestStar 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 6~' day of August, 2003. WestStar Bank By ~- Title: Vice Presiden " ~ • COUNTY OF EAGLE, STATE OF COLORADO By and through its BOARD OF.C~U Chairman 04 ~GL~ c® `~° Commissioner v G m ~ ~9o Commissioner ~~CZ~j ~~r~G/~~.~v lerk to the Board of Coun Commis Toners Date: ~' / 9 "©~ In.gt: 000 PERSONAL: 6008604 ADVISORIES -WARNINGS [01] N CHARLES SLATER PO BOX 2506 CARBONDALE r CO 81623-9741 Funds Held: $9,700.00 Teller Alert [11] SEE TICKLER WESTSTAR BANK BILL BEATTY Portfolio Number. Product: Class: Branch Number: Accounting Branch: Responsibility Code: Type Code: Employee/Officer/Director Code: Statement Cycle: Tax Name: COD IS ASSIGNED TO EAGLE COUNTY AS SECURITY FOR INSTALLATION OF RD IMP ~ A CISTERN ON SLATER TYPE A MINOR SUBDIVISION Responsibility Code: [] Addenda Number: Miscellaneous Code: [000] Page: 1 System: 08/12/03 11:25 am 145021 [10301] PERSONAL [01] PERSONAL [04] AVON OFFICE [00004] [00505] SHANNON BENSER [000] [0] [999] At Maturity [01] H CHARLES SLATER