HomeMy WebLinkAboutR97-154 final release of collateral for Cordillera Filing 10r
Commissioner ( :)T/ 1/ 7k i%YL moved. adoption
of the'following Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE,'STATE OF COLORADO
RESOLUTION NO. 97- /5�
FINAL RELEASE OF COLLATERAL
AND
TERMINATION OF THE WARRANTY PERIOD
FOR
CORDILLERA SUBDIVISION FILING 10
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 January 18,
1994, ( "Agreement ") with Stag Gulch Partners, a Colorado General
Partnership ( "Subdivider "), as a condition of final plat approval
for Filing 10, Cordillera Subdivision; and
WHEREAS, by Eagle County Consent No. 95 -26, the County
commenced the warranty period for Cordillera Subdivision, Filing
10, 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 hereby authorizes the full and final release
of collate:al and the termination of the warranty period for
Cordillera Subdivision, Filing 10.
1 111111 VIII 111111 VIII 111111 III 1111111 III "III III) III)
641796 12/10/1997 04:37P 8745 P851
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THAT, this document shall
Eagle County Clerk and Recorder,
warranty period for Cordillera
successfully completed and that
the Agreement arE complete.
be recorded in the Records of the
which shall be evidence that the
Subdivision, Filing 10 has been
the Subdivider's obligations under
THAT, the roads in Cordillera Subdivision, Filing 10 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.
* '
ATTEST: =� ?
A K
r
Clerk to the Board of
County Commissioners
1 111111 VIII 111111 11111 111111 III 1111111 III 11111 II11 I'll
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COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
BOARD OF COUNTY COMMISSIONERS
By:
Johnnette Phillips,
Chairman
2 es E. son,
Commissioner
George A. Gates, Commissioner
Commissioner Jh y�,� seconded adoption of the
foregoing resolution. The roll having been called, the vote was as
follows:
Commissioner Johnnette Phillips /z,Q
Commissioner James E. Johnson, Jr.
Commissioner George A. Gates
This Resolution passed by (-9 --0 vote of the Board of
County Commissioners of the County of Eagle, State of Colorado.
#87 -84
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EAGLE COUNTY ENGINEERING
TO: Maureen Amundson, Attorney's Office
FROM: John Althoff, Engineering
DATE: November 6, 1997
RE: Cordillera, Filings 9 and 10
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 11111111111111111111111111111III 1111111 III 111111111IN
Chrono /file 641796 12/10/1997 04:37P B745 P851
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HIBIT
