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HomeMy WebLinkAboutR90-034 Glassier Type A Minor Subdivision Release • • Commis ioner T ,� cj moved adoption of the following Resolution:. /1/ BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO . RESOLUTION NO. 90- 3 Li AUTHORIZING RELEASE OF COLLATERAL FOR F.J. GLASSIER TYPE A MINOR SUBDIVISION WHEREAS, on or about July 31, 1989, 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 F. J. Glassier ( "Subdivider ") relative to the F. J. Glassier Type A Minor Subdivision; and • WHEREAS, pursuant to the terms of said Agreement, collateral was provided in the form of a Letter of Credit in the amount of r4 $4,250.00 to guarantee faithful completion of certain improvements set forth in the Agreement; and =r WHEREAS, Joseph Weinreis, on behalf of the Subdivider, has rey resented to the Board, and members of the County staff have corroborated his representation, that the improvements required by the Agreement have been satisfactorily completed. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: - THAT, based upon the oral and written recommendations of the Department of 7orumunity Development, the Board find that the obligations under the Agreement have been satisfied, and a release of the collateral held by the Board is warranted. THAT, the Board hereby authorize the full release of said collateral, and the return of the subject Letter of Credit to Joseph Weinreis for disrosition. '+21616 B-525 P-452 03127/90 13:18 PG 1 OF 2 REC DOC JOHNNETTE PHILLIPS EAGLE COUNTY CLERK, COLORADO 0.00 0.00 411 411 MOVED, READ AND ADOPTED by the Board of County Commissioners of the County of Eagle, State of Colorado, at its regular meeting held the t--4 day of March, 1990. COUNTY OF EAGLE, STATE OF COLORADO, ..., By and Through Its BOARD OF COUNTY �' :_•' �� =� T: • COMMISSIONERS • B y: `.�.. leek to tree 3oard of Georg-4/A. Gates, Vice Chairman County Commissioners Donal. - Welch, Commissioner i . / _s 04.11 rof ri Ric and L. Gus =fson Commissio er 7 Commissioner seconded adoption of the foregoing resolution. The roll having been called, the vote was as_ follows : Commissioner George A. Gates Commissioner Donald H. Welch • Commissioner Richard L. Gustafson This Resolution passed by g 16 C> vote of the Board of County Commissioners of the County of Eagle, State of Colorado. 421616 B -525 P-452 03/27/90 13 :18 PG 2 OF 89 -0 -2-