No preview available
HomeMy WebLinkAboutR94-128 extension of completion date for Highland WoodsCommissioner moved adoption of the following esolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 94 - �c� AUTHORIZING THE EXTENSION OF COMPLETION DATE FOR HIGHLAND WOODS, A RESUBDIVISION OF LOT 33 AT HIGHLAND MEADOWS AND LOTS 34 & 35 AT HIGHLAND PARK WHEREAS, on or about August 10, 1993, the Board of County Commissioners of the County of Eagle, State of Colorado (herein- after "the Board "), entered into a Subdivision Improvements Agreement ( "Agreement ") with Jack D. Beals ( "Subdivider ") relative to Highland Woods, A Resubdivision of Lot 33 at Highland Meadows and Lots 34 & 35 at Highland Park ( "Subdivision "); and WHEREAS, on or about November 1, 1993 a Consent to Assignment and Assumption of Certain Obligations of Highland Woods was entered into between Jack D. Beals ( "Assignor ") and Eli Quaknine, David Irwin and Don Everett ( "Assignee ") and the Board of County Commissioners of the County of Eagle, State of Colorado ( "the Board "); and WHEREAS, pursuant to said Consent to Assignment and Assumption the Assignees, jointly and severally, agreed to assume responsibil- ity for completing the subdivision improvements required in the SIA; and Assignees assumed the financial responsibility of the SIA which included collateral in the form of Letter of Credit #885 -5986 in the amount of $23,210.00; and WHEREAS, by Resolution No. 94 -107 a reduction in collateral in the amount of $9,549.00 for a balance of $14,266.00 was granted and the expiration date of the letter of credit was extended to August 6, 1995; WHEREAS, Subdivider has requested, by Letter dated July 29, 1994 (Exhibit A), an extension to the completion date as stated in the Subdivision Improvements Agreement from November 1, 1994 to October 31, 1995; and WHEREAS, the Subdivider has stated in the Letter dated July 29, 1994, the reasons for the request for the extension; and NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, the completion date of the Subdivision Improvement Agreement to August 3, 1995 is hereby granted. THAT, all other provisions of the Agreement shall remain in full force and effect. MOVED, READ AND ADOPTED by the Board of County Commissioners of he County of Eagle, State of Colorado, this � _ day of 1994. omm tGrps ®- ATTEST: h Clerk toGthe Board o County Commissioners Ge ge Gates, Commissioner Commissioner seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Johnnette Phillip 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. r \high.ext 82 -258 COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS July 29, 1994 fill AUG 5 1994 Eagle County Commissioner George A. Gates, Chairman P.O. Box 850 Eagle, CO 81631 Dear County Commissioners: On August 10, 1993 a Subdivision and Off -Site Improvements Agreement for Highland Woods; a resubdivision of Lot 33 at Highland Meadows and Lots 34 & 35 at Highland Park was granted by the Board of County Commissioners of Eagle County. I am requesting an extension to October 31, 1995 from the current date of completion which is November 1, 1994 as defined in section 1.4 of the above referenced document. The reason for this request is as follows: 1.) we are building most of the new houses next summer (1995) and want to pave the new road with as few cuts as possible 2) to allow for the new road grade to settle for one year. I look forward to your understanding and cooperation in this matter. BOARD U1 EA 6,* i :I COUNTY o?- � Respectful Submitted, Don Everett Partner - Highland Woods 281 Bridge Street Vail, CO 81657 (303) 476 -1450 REAL ESTATE (303) 476 -1450 • DENVER TOLL FREE 893 -3101 0=0=0NiATIn NIQ 1_Rnn 09 . FAY PW)g1 A7R_31RR EXHIBIT