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HomeMy WebLinkAboutR97-153 final release of collateral for Cordillera Filing 9�3 r!t� Commissioner p114 moved adoption of the ollowing Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 97 - _/d� FINAL RELEASE OF COLLATERAL AND TERMINATION OF THE WARRANTY PERIOD FOR CORDILLERA SUBDIVISION FILING 9 WHEREAS, 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 Improvements Agreement dated November 9, 1993 ( "Agreement") with Stag Gulch Partners, a Colorado General L Partnership ( "Subdivider "), as a condition of final plat approval for Filing 9, Cordillera Subdivision; and WHEREAS, by Eagle County Consent No. 95 -, the County commenced the warranty period for Cordillera Subdivision, Filing 9, said warranty period to expire on October 2, 1997; and WHEREAS, both the Subdivider and the Engineering Department state that the work required under the Agreement are complete and acceptable and the Engineering Department recommends full release of the collateral and the termination of the warranty period, see Exhibit "A ", attached hereto and incorporated herein by this reference. Based upon the oral and written recommendations of the County staff, THE BOARD FINDS that the Subdivider's obligations under the Agreement have been satisfied. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, the Board h.reby authorizes the full and final release of collateral and the termination of the warranty period for Cordillera Subdivision, Filing 9. 1 111111 "III II111111111111111111'111") III I'I'I 1111 IN 841797 12/10/1997 04:37P B743 P852 1 of 3 R 0.00 D 0.00 Sara J Fisher, Eagle, CO THAT, this document shall Eagle County Clerk and Recorder warranty period for Cordillera successfully completed and that the Agreement are complete. t be recorded in the Records of the which shall be evidence that the Subdivision, Filing 9 has been the Subdivider's obligations under THAT, the roads in Cordillera Subdivision, Filing 9 will be maintained by the Cordillera Metropolitan District. 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 December, 1997. County Commissioners COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS By: Johnnette Phillips, Chairman es E. John o , Jr., Commissioner 1111111 11III 11111111111 111111 111'111"1 III 11111 IN 1111 641797 12/10/1997 04:37P 8746 P832 2 of 3 R 0.00 D 0.00 Sara J Fisher, Eagle, CO George A. Gates, Commissioner Commissioner seconded adoption of the foregoing resolution. Ae roll having been called, the vote was as follows: Commissioner Johnnette Phillips Commissioner James E. Johnson, Jr. Commissioner George A. Gates This Resolution passed by vote of the Board, of County Commissioners of the County of Eagle, State of Colorado. #87 -84 mta \r \cord9.ter EAGLE COUNTY ENGINEERING TO: Maureen Amundson, Attorney's Office FROM: John Althoff, Engineering DATE: November 6, 1997 RE: Cordillera, Filings 9 and 10 z Went up to Cordillera, Filings 9 and 10 on Wednesday, November 5, 1997 to review the improvements at the completion of the two year warranty period. Appears that all of the improvements have successfully completed the warranty period. I would suggest releasing the collateral held for both projects and closing out the Subdivision Improvements Agreements. The roads in these subdivisions will be maintained by the Cordillera Metro District and not by Eagle County. xc: George Roussos Chrono /file 111111 11III 11111111111111111 111'111"1 III 111111111 641797 12/10/1997 04:37P B745 P852 3 of 3 R 0.00 D 0.00 Sara J Fisher, Eagle, HIBIT Co