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HomeMy WebLinkAboutR95-119 Draw on Erwin BachrachCommissioner moved adoption of the follawi so ution: COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 95- Zlq RESOLUTION CONFERRING POWER OF ATTORNEY UPON JAMES • ATTORNEY, • • •• BER-aaTO, DEPUTY COUNTY ATTORNEY, ROBERT W. LOEFFLER, ASSISTANT COUNTY • - •• THE COUNTY OF OF • ••AD• WITH RESPECT TO LETTER OF CREDIT • 918-5585 IN TBE AMOUNT OF $2,000.00 ISSUED BY TBE 1ST BANK OF • FOR THE OF E• AC RAC WHEREAS, on or about September 23, 1994 the County granted Road Cut Permit #2015 to Erwin Bachrach (Bachrach); and WHEREAS, Bachrach provided collateral in the form of a Letter of Credit to guarantee the satisfactory completion of the two year warranty period; and WHEREAS, said Letter of Credit #918 -5585 in the amount of $2,000.00 will expire on September 23; 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, no extension to Letter of Credit No. 918 -5585 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. C 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 ##918 -5585, 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 ##918 -5585 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 f Colorado, at its regular meeting held the day of 1995. t�rm- 9Kra" M:f- County Commissioners COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS Commissioner seconded adoption of the foregoing resoil u son. Me rol I having been called, the vote was as follows: Commissioner James E. Johnson, Jr. Commissioner George A. Gates Commissioner Johnnette Phillips This Resolution passed by 2Z - vote of the Board of County Commissioners of the County ot Eager State of Colorado. Of "11. KNOW ALL MEN BY THES PRESENTS: That the County of Eagle, State of Colorado, a.body politic and corporate, reposing special trust and confidence in James R. Fritze, Mary Joan Berenato, Robert W. Loeffler and Maureen Amundson, of the County of Eagle, State of Colorado, has made, constituted and appointed, and by these presents does make, constitute and appoint the said James R. Fritze and /or Mary Joan Berenato and /or Robert W. Loeffler and /or Maureen Amundson, and each of them, the true and lawful attorney for the County of Eagle; and in its name, place and stead, for its sole use and benefit, to draw upon Irrevocable Letter of Credit No. 918 - 5585 in the amount of $2,000.00 for the account of Erwin Bachrach, and to execute, make; endorse, and accept any documents necessary to accomplish the foregoing purpose. Hereby giving and granting unto James R. Fritze, and /or Mary Joan Berenato, and /or Robert W. Loeffler, and /or Maureen Amundson, said attorneys, full power and authority to do and perform all and every act and thing whatsoever requisite and necessary to be done in and about the premises, as fully to all intents and purposes as it might or could do if personally present, with full power of substitution and revocation, hereby ratifying and confirming all that its said attorney or his substitutes shall lawfully do or cause to be done by virtue hereof. IN WITNESS WHEREOF, the County of Eagle has caused its name to be signed by its Chairman of the Board of County Commissioners, and its seal to be affixed and attested by its Clerk, all being done in thgyrrown of Eagle, and State of Colorado, on this day of 1995. �, STATE OF By and Through Its ;OTINTY COMMISSIONERS ATTEST: By- Cl erk o t e Bo 0 County Commissioners • • ME