HomeMy WebLinkAboutC04-081 Consent to Assignment and Assumption SIA_CordilleraC�oY el-sa CONSENT TO ASSIGNMENT AND ASSUMPTION OF SUBDIVISION IMPROVEMENTS AGREEMENT Reference is made to the Subdivision and Off -Site Improvements Agreement for Cordillera Filing No. 33, between Eagle County, Colorado acting by and through its Board of County Commissioners and Kensington Partners, a Colorado General Partnership, dated June 18, 2002, recorded June 18, 2002 at Reception No. 799103, Eagle County Records, as amended by that certain First Amendment to the Subdivision and Off -Site Improvements Agreement, Cordillera Filing No. 33 dated September 3, 2002, recorded September 9, 2002 at Reception No. 806559, Eagle County Records (collectively hereinafter referred to as the "Agreement'). Based upon Section 4.6 of that Agreement, Eagle County consents to the foregoing assignment by Kensington Partners of all its right, title and interest as "Subdivider" as defined under the Agreement and the assumption thereof, including all obligations and liabilities of the "Subdivider" under the Agreement, by the Cordillera Metropolitan District, a quasi -municipal corporation of the State of Colorado, effective as of February , K, 2004. Executed on February �, 2004. M Clerk to the Boo Commissioners OF y x \AC'(OPP9/' of County COUNTY OF EAGLE, STATE OF COLORADO By and Through its BOARD OF COUNTY COMMISSIONERS Tom C. Stone, Chairman �,mJmyion Eagle �ii�1p�.NW, 868927 Page: 1 of 3 02/25/2004 03:28F D 0.00 ASSIGNMENT AND ASSUMPTION OF SUBDIVISION IMPROVEMENTS AGREEMENT KNOW ALL MEN BY THESE PRESENTS that Kensington Partners, a Colorado general partnership, whose legal address is P.O. Box 988, Edwards, CO 81632 ("Assignor"), in consideration of One Dollar and other good and valuable consideration paid to it by Cordillera Metropolitan District, a quasi- municipal corporation and political subdivision of the State of Colorado ("Assignee"), the owner of the certain real property described as Lots 1 and 2, Cordillera Subdivision Filing No. 33, Eagle County, Colorado (the "Property") does hereby assign, transfer, and set over to Assignee, its successors, legal representatives and assigns, all of Assignor's right, title and interest in and under that certain Subdivision and Off -Site Improvements Agreement, Cordillera Filing No. 33 dated June 18, 2002, recorded June 18, 2002 at Reception No. 799103, Eagle County Records, as amended by that certain First Amendment to the Subdivision and Off -Site Improvements Agreement, Cordillera Filing No. 33 dated September 3, 2002, recorded September 9, 2002 at Reception No. 806559, Eagle County Records (collectively, the "Agreement"). Assignee hereby assumes as of the date hereof all of the obligations of Assignor under the Agreement, including, without limitation, the obligation to either complete all work required of "Subdivider" under the Agreement or to amend the Agreement to modify the work required thereunder. Assignor warrants that Assignor has good right and title to the Agreement and the right and power to assign the same. This instrument may be executed in counterparts. IN WITNESS WHEREOF, Assignor and Assignee have hereunto set their hands this day of February, 2004. KENSIGNTON PARTNERS, a Colorado general partnership JLP Realty Corp., its managin ner By id A. Hill, resid nt CORDILLERA METROPOLITAN DISTRICT, a quasi -municipal corporation and political subdivision of the State of Colorado iINIIVI'lllll'YIpnI111�II�W' a=°s? .. *44' STATE OF COLORADO ) I IIIIII IIIII IIIIIII IIII IIIII III IIIIIIII I II II III III 868927 ) ss 02/25/2004 03:28P COUNTY OF EAGLE ) Teak J Simonton Eagle co 110 R 0.00 D 0.00 The foregoing was acknowledged before me this / �2 day of February, 2004, by David A. Hill, the President of JLP Realty Corp., managing partner of Kensington Partners, a Colorado general partnership, on behalf of the partnership. WITNESS my hand and official seal. My commission expires G` -3 9 - 0 L O. Notary Public STATE OF COLORADO ) ) ss COUNTY OF EAGLE ) fpr going was acknow,lgbefore me his �a day of February, 2004, by 41aa_- ordillera Metropolitan District, a quasi-t'icipal corporation and a political subdivision of the State of Colorado, on behalf of the District. WITNESS my hand and official seal. o My commission expires 46964 Notary Public T �F co�oPP 7 4 .e. Etoxok 1 Co is . c"OU tiny Z 4, - CONSENT TO ASSIGNMENT AND ASSUMPTION OF SUBDIVISION IMPROVEMENTS AGREEMENT Reference is made to the Subdivision and Off -Site Improvements Agreement for Cordillera Filing No. 33, between Eagle County, Colorado acting by and through its Board of County Commissioners and Kensington Partners, a Colorado General Partnership, dated June 18, 2002, recorded June 18, 2002 at Reception No. 799103, Eagle County Records, as amended by that certain First Amendment to the Subdivision and Off -Site Improvements Agreement, Cordillera Filing No. 33 dated September 3, 2002, recorded September 9, 2002 at Reception No. 806559, Eagle County Records (collectively hereinafter referred to as the "Agreement"). Based upon Section 4.6 of that Agreement, Eagle County consents to the foregoing assignment by Kensington Partners of all its right, title and interest as "Subdivider" as defined under the Agreement and the assumption thereof, including all obligations and liabilities of the "Subdivider" under the Agreement, by the Cordillera Metropolitan District, a quasi -municipal corporation of the State of Colorado, effective as of February � , 2004. Executed on February X 2004. COUNTY OF EAGLE, STATE OF COLORADO By and Through its BOARD OF COUNTY COMMISSIONERS ATTEST: coaw° Y: Tom C. Stone, Chairman Clerk to the Board of County Commissioners ASSIGNMENT AND ASSUMPTION OF SUBDIVISION IMPROVEMENTS AGREEMENT KNOW ALL MEN BY THESE PRESENTS that Kensington Partners, a Colorado general partnership, whose legal address is P.O. Box 988, Edwards, CO 81632 ("Assignor"), in consideration of One Dollar and other good and valuable consideration paid to it by Cordillera Metropolitan District, a quasi- municipal corporation and political subdivision of the State of Colorado ("Assignee"), the owner of the certain real property described as Lots 1 and 2, Cordillera Subdivision Filing No. 33, Eagle County, Colorado (the "Property") does hereby assign, transfer, and set over to Assignee, its successors, legal representatives and assigns, all of Assignor's right, title and interest in ,and under that certain Subdivision and Off -Site Improvements Agreement, Cordillera Filing No. 33 dated June 18, 2002, recorded June 18, 2002 at Reception No. 799103, Eagle County Records, as amended by that certain First Amendment to the Subdivision and Off -Site Improvements Agreement, Cordillera Filing No. 33 dated September 3, 2002, recorded September 9, 2002 at Reception No. 806559, Eagle County Records (collectively, the "Agreement"). Assignee hereby assumes as of the date hereof all of the obligations of Assignor under the Agreement, including, without limitation, the obligation to either complete all work required of "Subdivider" under the Agreement or to amend the Agreement to modify the work required thereunder. Assignor warrants that Assignor has good right and title to the Agreement and the right and power to assign the same. This instrument may be executed in counterparts. IN WITNESS WHEREOF, Assignor and Assignee have hereunto set their hands this day of February, 2004. KENSIGNTON PARTNERS, a Colorado general partnership JLP Realty Corp., its managin er By id A. Hill, fresid6nt CORDILLERA METROPOLITAN DISTRICT, a quasi -municipal corporation and political subdivision of the State of Colorado '"Ep� �Qwd A STATE OF COLORADO ) ) ss COUNTY OF EAGLE } The foregoing was acknowledged before me this a2 day of February, 2004, by David A. Hill, the President of JLP Realty Corp., managing partner of Kensington Partners, a Colorado general partnership, on behalf of the partnership. WITNESS my hand and official seal. My commission expires' t - G CO. Notary Public STATE OF COLORADO ) ) ss COUNTY OF EAGLE ) �#1.96pTgq�;�� N�y•••aV BL�G' of coo going was acknowizaged before me •s /02 day of February, 2004, by e , the ordillera Metropolitan District, a quasi- 'cipal corporation and a political subdivision of the State of Colorado, on behalf of the District. WITNESS my hand and official seal. My commission expires � Q- 46964 Notary Public 2