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HomeMy WebLinkAboutC03-269 Town of Eagle Wells Fargo Bankf. ~ ~ ~ Co3 - ~6~r la ASSIGNMENT OF CERTIFICATE OF DEPOSIT Town of Eagle to Eagle County TO: Wells Fargo Bank For valuable consideration, receipt of which is hereby acknowledged, the Town of Eagle hereby assigns to the County of Eagle, State of Colorado, an interest in Certificate of Deposit No. 9476022273 to the extent of Thirty Six Thousand Nine ~3undred Fifty Four Dollars ($36,954.00) excluding all interest now due or to become due on the assigned amount. This Assignment is given as security for Permit to Construct Within the Public Way No.~$O .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 28th day of August, 2003. STATE OF COLORADO ) ss COUNTY OF EAGLE ) By: ~.s- William Powe Town Manager Town of Eagle The forgoing was acknowledged before me this ,~~`~ day of ~ , by _ (.cJ: ~~~ a w z WITNESS my hand and official seal. My commission expires ,~ ')• 05'" Notary Public s , APPROVED: On behalf of the 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 28`~ day of August, 2003 Wells Fargo Bank Title: ,~ //,~ STATE OF COLORADO ss COUNTY OF EAGLE ) ~a~6`~~L9 S~O~ s~~~e, The forgoin was acknowledged before me this _~ day of ~ ~~~ ~ ..• ~~ ~ o ~' ,: •e ~ :' WITNESS my hand and official seal~~ a Q~~'•.,•• p~ ®~ ® : ~. ~ qg~ ~ My commission expires ~~ 8. °~ ~'"°°s••~•p•''~~®~' • b Notary Public APPROVED: COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY CONIlVIISSIONERS ATTEST: By: Clerk to the BoaYd of County Commissioners DATE: ~ ~ r~~~~