HomeMy WebLinkAboutR92-163 final release of collateral for Soderberg Subdivision01 C.
Commissioner moved adoption
of the following Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 92 -1f4
FRANK L. SODERBERG
CHARLES S. MARSH
SODERBERG SUBDIVISION, FILING 3
RELEASE OF COLLATERAL
WHEREAS, on or about January 9, 1990, pursuant to C.R.S. 30-
28 -137, the Board of County Commissioners of the County of Eagle,
State of Colorado ( "Board "), entered into a Subdivision Improve-
ments Agreement ( "Agreement ") with Frank L. Soderberg and Charles
S. Marsh, collectively referred to as "Subdivider" for certain
public improvements within Soderberg Subdivision, Filing No. 3; and
WHEREAS, by Resolution No. 90 -123, the Board found that the
improvements were completed and the two -year warranty period for
landscaping began.
WHEREAS, the Subdivider has represented to the Board, and
members of the County staff have corroborated the Subdivider's
representations, that no workmanship or materials failures exist
and the warranty period required under the Agreement for
landscaping has been satisfactorily completed; and
WHEREAS, the Board presently holds as collateral two letters
of credit totaling $2,269.20. (Frank Soderberg $1,061.40 and Marsh
$1,207.80).
WHEREAS, the Subdivider has applied for a full release of its
collateral in the amount of $2,269.20.
BASED UPON the oral and written recommendations of the Eagle
County Department of Engineering, the Board finds that the two -year
warranty period required by the Agreement is satisfactorily
completed, and a full release of the collateral is appropriate.
di ? C 0
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO:
THAT, the Board hereby authorizes the full release of
collateral in the amount of $2,269.20.
MOVED, READ AND ADOPTED by the Board of County Commissioners
of the County of Eagle, State of Colorado, this day of
November, 1992.
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
BOARD OF COUNTY COMMISSIONERS
By:
Richard L. Gustafson, Chairman
George A Gates, Commissioner
Donal H. Welch, Commissioner
Commissioner KlV9^ seconded adoption of the
foregoing resolution. The roll having been called, the vote was
as follows:
Commissioner Donald H. Welch c
Commissioner George A:- Gates
Commissioner Richard „L., - Gustafson
This Resolution passed by d4 vote of the Board of
County Commissioners_of_ the County of Eagle, State of Colorado.
goddard.rel #90 -2 nl
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