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HomeMy WebLinkAboutR97-096 draw on George Shaeffer ConstructionCommissioner �� moved adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 97- //0 RESOLUTION CONFERRING POWER OF ATTORNEY UPON JAMES R. FRITZE, COUNTY ATTORNEY, ROBERT W. LOEFFLER, DEPUTY 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. 186 IN THE AMOUNT OF $7,275.00 FOR THE ACCOUNT OF GEORGE SHAEFFER CONSTRUCTION COMPANY DRAWN ON WESTSTAR BANK WHEREAS, on or about July 25, 1995, the County granted Road Cut Permit No. 2164 to George Shaeffer Construction Company ( "Shaeffer "); and WHEREAS, Shaeffer provided collateral in,the form of Letter of Credit No. 186, dated July 25, 1995, in the amount of $7,275.00 issued by WestStar Bank ( "Letter of Credit ") to guarantee the faithful completion of the public improvements; and WHEREAS, said Letter of Credit will expire on July 25, 1997; and WHEREAS, the Board finds, determines and declares that there has been a default under the Road Cut Permit and that a sum certain of $7,275.00 is required to remedy the default. 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, Robert W. Loeffler, Deputy County Attorney, and Maureen Amundson, Paralegal, are authorized to execute any and all documents necessary to draw upon said Letter of Credit. i THAT, James R. Fritze, County Attorney, Robert W. Loeffler, Deputy 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 said Letter of Credit. 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 Colorado, at its regular meeting held the aj,4 Clerk to the oard of Johnnette Chairman es E. J day of 1997. Of EAG( f COUNTY OF EAGLE, STATE OF > � COLORADO, By and Through Its ATTEST: ` k BOARD OF COUNTY COMMISSIONERS X. George Gates Commissioner Commissioner �D seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Johnnette Phillips O?Alp Commissioner James E. Johnson, Jr. Commissioner George A. Gates This Resolution passed by 7 j - CD vote of the Board of County Commissioners of the County of Eagle, State of Colorado.