HomeMy WebLinkAboutC08-392Power of Attorney to Administer Residential Down Payment Assistance Programs
Effective Upon Execution
I, Peter Runyon, Chairman of the Board of County Commissioners of Eagle County,
Colorado, a body politic, who's business address is 500 Broadway, Eagle, Colorado
81631 (referred to as "County"), and also Chairman of the Eagle County Housing
Authority, a body politic, who's business address is 500 Broadway, Eagle, Colorado
81631 (referred to as "Housing Authority"), hereby designates Funding Partners for
Housing Solutions, Inc., who's business address is 2i4 S. College Avenue, 2"d Floor,
Fort Collins, Colorado 80524, as the attorney in fact (referred to as "the Agent") for Eagle
County and the Housing Authority on the following terms and conditions:
1. Authority to Act. The Agent is authorized to act for the County and the Housing
Authority under this Power of Attorney to perform those scope of services set
forth in that Agreement to Administer Residential Down Payment Assistance
Programs dated March 22, 2005 (referred to as "Agreement"), and shall exercise
all powers in the best interests and welfare of the County and Housing Authority.
Specifically, the Agent is authorized to file with the Public Trustee those releases
or other documents affecting outstanding loans under Eagle County's Down
Payment Assistance programs.
2. Powers of Agent. The Agent shall have the full power and authority to manage
and conduct all scope of services set forth in the Agreement on behalf of Eagle
County and the Housing Authority.
3. Restrictions on Agent's Powers. The Agent is not authorized to act on behalf
of Eagle County of the Housing Authority except as specifically set forth herein.
4. Durability. This durable Power of Attorney shall be remain in place until the
earlier of 1) the termination for any reason of the Agreement or 2) the revocation
of this Power of Attorney in writing by either Eagle County or the Housing
Authority.
5. Reliance by Third Parties. Third parties may rely upon the representations of
the Agent as to all matters regarding powers granted to the Agent.
6. Original Counterparts. Photocopies of this signed Power of Attorney shall be
treated as original counterparts.
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Dated: ? ~ -~?~- t ~ ~~ ~ C? ~~ J'
F ~otF c
Board of County Commission oc
Cler to the Bo of co~oeP9o Peter F. Runyon, Ch an
County Commissio
IPJ~f ~ ~- , ~IU9u i
Eagle County Housing Authority:
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Peter F. Runyon, Ch~fian
STATE OF COLORADO }
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County of Eagle }
The foregoing was acknowledged before me this 1~. ~ day o~~_~~ r~ X2008.
by Peter Runyon as Chairman of the Eagle County Housing Authority.
My commission expires: ~° a ~~ c~ '
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M~d't~'I~b1~F~1-IT
NOTARY PUBLIC
STATE OF COLORADO
My Commission Expires 12/18/2010
