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HomeMy WebLinkAboutC06-216 ASSIGNMENT OF CERTIFICATE OF DEPOSIT A 1-. T,FF. to Eagle County TO: WELLS__EARGO__BANK, N.A. For valuable consideration, receipt of which is hereby acknowledged, AL LEE hereby assigns to the County of Eagle, State of Colorado, an interest in Certificate of Deposit No. 788i1l95@(jl#l()) to the extent of 2 ,000.00 Dollars ($ 2, 000 . 0 O)m excluding all interest now due or to become due on the assigned amount. This Assigmnent is given as security for Permit to Construct Within the Public Way No. 3521 . This Assigmnent shall be a continuing assigmnent and shall remain effective until the Board of County Commissioners, by \vritten resolution, authorizes the release of the security. Eagle County may authorize a reduction in the security represented by this Assigmnent, by written resolution. AL LEE 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 Assigmnent, and to issue a receipt fo~ any sums received there from. AL LEE. 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 Assigmnent shall neither be amended nor terminated without the consent of all signatories hereto, which shall be in writing. DONE this :... 2 .. day of MAY , 2006 . By: --~ AL LEE STATE OF COLORADO ) ) ss COUNTY OF EAGLE ) The forgoing was acknowledged before me this 2 day of MOv~ 20l> l, , by A \ L~e... WITNESS my hand and official seal. My commission expires \0~.~ Notary Public APPROVED: On behalf of AL L? E ____ , 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 ofthe Board of County Commissioners of Eagle County, Colorado. DONEthis~ayof 4}' , 200t) NAME OF BANK WELLS FARGO BANK, N.A. B~-~~~ Title: ~..~ /(:j(L 'h!.$.;~:::6 STATEOF COLORADO ) ) ss COUNTY OF EAGLE ) The forgoing was acknowledged before me this 2. day of ~ 2oo~ , by tJ~ IV~ as ~~~~f w..uA.s ~~, t'J.~ . WITNESS my hand and official seal. My commission expires \~b~ Notary Public APPROVED: COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD ATTEST: OF COUNTY CO:MrvfISSIONERS ~ ~ Clerk to the Board of ~ ,,~ .. LOtinI}' LOllL.1111SS10ners DATE: rt(d~!()~