HomeMy WebLinkAboutR89-084 final settlement of Flatiron Pavingcommissioner mc.ed adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 89 - _ RESOLUTION RE FINAL SETTLEMENT FOR FLATIRON PAVING COMPANY FOR AIRPORT IMPROVEMENTS WHEREAS, on or about October 18, 1988, the Board of County Commissioners of the County of Eagle, State of Colorado (hereinafter referred to as the' "County"), entered into a contract (C88- 106 -17) with Flatiron Paving Company (hereinaf ter referred to as "Contractor") for improvements at the Eagle County Regional Airport; and WHEREAS, the County advertised final settlement of contract :C88 -106 -107 with Contractor for Final Settlement for August 14, 1989; and WHEREAS, no claims against the Contractor have been filed or recorded for work done relating to said contract; and WHEREAS, the County desires to authorize final payment of $259,105.34 to Contractor; and WHEREAS, the improvements required under said contract have been completed to the satisfaction of the County; and WHEREAS, the County and Contractor entered into an agreement to open an Escrow Account, (:51964) on January 26, 1989, with the First National Bank of Boulder in the amount of 5175,000, and the County desires to release said amount to Contractor and close such account; and WHEREAS, to further satisfy said final payment the County desires to authorize a payment of 884 to Contractor, upon receipt of reimbursement_ of said sums from the Federal Aviation Administrations. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, the County hereby authorizes the Escrow Account (`- 51964) with the First National Bank of Boulder in the amount of $175,000 to be released to Contractor and such account be closed. THAT, the County hereby authorizes additional payment of $84,105.34 to Flatiron Paving Company, upon receipt of reimbursement by the County for said sums, from the Federal Aviation Administration. THAT, the Board finds, determines and declares that this Resolution is necessary for the public health, safety and welfare of the citizens of the County of Eagle, State of Colorado. 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 QfC��e y— 1989. ST: y:lerx zo the noara c County Commissioners George . Gates, Commissioner Commissioner l9 A7- - -- seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Richard L. Gustafson y �, Commissioner Donald H. Welch Commissioner George A. Gates This Resolution passed by L /�'ffflG!/S vote of the Board of County Commissioners of the County o Eagle, State of Colorado. COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY