HomeMy WebLinkAboutR95-064 Draw on Donald Bird and Gregory Jarvis„+
Commissioner moved adoption
of the following Resolut on:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 95-~
RESOLUTION CONFERRING POWER OF ATTORNEY UPON
JAMES R. FRITZE, COUNTY ATTORNEY, MARY JOAN
BERENATO, DEPUTY COUNTY ATTORNEY, ROBERT W.
LOEFFLER, ASSISTANT COUNTY ATTORNEY AND
MAUREEN AMUNDSON, PARALEGAL TO ACT AS ATTORNEY
IN FACT FOR THE COUNTY OF EAGLE, STATE OF
COLORADO, WITH RESPECT TO LETTER OF CREDIT NO.
802-0744 IN THE AMOUNT OF $2,000.00 FOR THE
ACCOUNT OF DONALD BIRD AND GREGORY JARVIS
WHEREAS, on May 27, 1994, the County granted Road Cut Permit
#1602 to Donald Bird and Gregory Jarvis ("Bird/Jarvis"); and
WHEREAS, Bird/Jarvis provided collateral in the form of a
Letter of Credit to guarantee the faithful completion of the public
improvements; and
WHEREAS, said Letter of Credit #802-0744 in the amount of
$2,000.00 will expire on June 2, 1995.
WHEREAS, the Board finds, determines and declares that it is
in the best interest of the County that it draw upon the
collateral in the amount of $2,000.00.
WHEREAS, it is presently contemplated an agreement shall be
entered into between Bird/Jarvis and the Board whereby the
aforementioned Road Cut Permit shall be terminated; and
WHEREAS, until such time as said Road Cut Permit is formally
terminated, Bird/Jarvis has agreed to provide an extension of at
least thirty (30) days to the subject Letter of Credit; and
WHEREAS, no such extension to Letter of Credit No. 802-0744
has been received by the Board as yet, and the Board deems it to be
in the best interests of the County of Eagle that the subject
Letter of Credit be drawn upon prior to its expiration.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO:
THAT, James R. Fritze, County Attorney, Mary Joan Berenato,
Deputy County Attorney, Robert W. Loeffler, Assistant County
Attorney, and Maureen Amundson, Paralegal, are authorized to
execute any and all documents necessary to draw upon irrevocable
Letter of Credit #802-0744, in the amount of $2,000.00.
THAT, James R. Fritze, County Attorney, Mary Joan Berenato,
Deputy County Attorney, Robert W. Loeffler, Assistant County
Attorney and Maureen Amundson, Paralegal, are hereby granted power
of attorney to act as attorney in fact for the County of Eagle,
State of Colorado, and its Board of County Commissioners, with
regard to any and all actions that may be necessary to draw upon
Letter of Credit #802-0744 in the amount of $2,000.00.
THAT, the Chairman of the Board is authorized to execute a
Power of Attorney for the purposes contemplated herein in the form
attached to this Resolution as Exhibit A and made a part hereof by
this reference.
MOVED, READ AND ADOPTED by the Board of County Commissioners
of the County of Eagle, State of Colorado, at its regular meeting
held the ~~ day of 1995.
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ATTEST: $ ~
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C er to th Board of
County Commissioners
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
BOARD OF COUNTY COMMISSIONERS
By.
es E. Jo on,
hairman
George Ga es, Commissioner
Johnnette Phillips, Comm ssioner
Commissioner ~~~~p seconded adoption of the
foregoing resolution. The roll having been called, the vote was as
follows:
Commissioner James E. Johnson, Jr.
Commissioner George A. Gates
Commissioner Johnnette Phillips
This Resolution passed by ~~ -d vote of the Board of
County Commissioners of the County of Eagle, State of Colorado.
