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HomeMy WebLinkAboutC97-195 Snow Bird AssociatesASSIGNMENT OF CERTIFICATE OF DEPOSIT To Eagle County To: Central National Bank and Trust Co. of Enid, Enid, Oklahoma For valuable considerlion, receipt of which is hereby acknowledged, Snowbird Associates, a partnership, hereby assigns to the County of Eagle, State of Colorado, Book Entry Certificate of Deposit No..tWol to the extent of $2000.00, excluding all interest now due or to become due on the assigned amount. This assignment is given as security for the repair work on sewer line at 99 Coyote Circle, Eagle Vail, Colorado, for said Snowbird Associates. 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, but further provided that said assignment will finally terminate no later than two (2) years from the date of this Assignment. Snowbird Associates 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. Snowbird Associates hereby directs Central National Bank & Trust Co. of Enid, 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 93,A-9-1 day of _,jM it , 1997. Sn:1= p, BY Partner STATE OF OKLAHOMA ) ss. COUNTY OF GARFIELD ) T f egoi g s a wledged before me thisday of , by as Partner of Snowbird A c� , a partnership. Witness my hand and officia eal. My commission expires _ W Nota ublic On behalf of Central National Bank and Trust Co. of Enid, Oklahoma, I approve the conditions set forth in this Assignment of Book Entry Certificate of Deposit, and agree that the Assignment shall not be terminated without the written ai thorization of the Boara of County Commissioners of Eagle County, Colorado, or, two (2) years from the date of this Assignment. DONE this oU Xd' day of , 1997. ti o ] A0 1.a ti Executive Vice President STATE OF OKLAHOMA) ) ss. COUNTY OF GARFIELD ) Th oregoing sckno. wledged before me this AJ day ok , 1997, by ` �.c�-a—as Executive Vice President oftra ational Bank and Trust Co. of Enid, Oklahoma. WITNESS my hand and o ficial seal. My commision expire f �o t ry ubl' APPROVED: C1 6AQ, v °o w G ti x �r�a C10 40aAvo �l Ci,4 A Clerk to the Board of County Commissioners Date: COUNTY OF EAGLE, STATE OF COLORADO By and Through its BOARD OF COUNTY CO IONE S B