HomeMy WebLinkAboutC02-227 Eagle Vail Metro District_Cert. of Deposit9 ASSIGNMENT OF CERTIFICATE OF DEPOSIT Eagle -Vail Metropolitan District to Eagle County TO: Alpine Bank For valuable consideration, receipt of which is hereby acknowledged, Eagle -Vail Metropolitan District hereby assigns to the County of Eagle, State of Colorado, an interest in Certificate of Depos t NoNgAo the extent of Twelve -Thousand Dollars ($12,000), .excluding all interest now due or to become due on the assigned amount. The Assignment is given as security for Road Cut Permit No. * . This Assignment shall be a continuing assignment and shall remain effective until the Board of County Commissioners, by written resolution, authorizes the release of the security. * 3143, 31449 31459 3146, 3147 Eagle County may authorize a reduction in the security represented by this Assignment, by written resolution. Eagle -Vail Metropolitan District hereby authorizes Eagle County to demand and collect all or any portion of the deposit to the extent of the assigned amount in accordance with this Assignment, and to issue a receipt for any sums received therefrom. Eagle -Vail Metropolitan District hereby directs Alpine Bank to pay to the County, its legal representative, successors or assigns, upon written demand, the amount so demanded, to the extent of the assigned amount. This Assignment shall neither be amended nor terminated without the consent of all signatories hereto, which shall be in writing. Done this 25th day of July, 2002. Eagle -Vail Metropolitan District STATE OF COLORADO ) ss. COUNTY OF EAGLE ) The foregoing was acknowledge before me this s + k day of by j e-a r►3 Marc % WITNESS my hand and official seal. My commission expires 3 `2 ta- 7 D o s 01 ° ° Notary Public °. A G •' a -S'�.F OF•Cn�'�Q' 1qwp/ APPROVED: On behalf of Eagle -Vail Metropolitan District, I approve the conditions set forth in this Assignment of Certificate of Deposit, and agree that the Assignment shall not be terminated without the written authorization of the Board of County Commissioners of Eagle County, Colorado. DONE this day of t& 1!1 , 2002. IF Alpine Bank By: J& I// Title: STATE OF COLORADO ) ss. COUNTY OF EAGLE ) The foregoi was acknowledge before .me this !�_day of , by �-ems WITNESS my hand and official seal. uii SA'Ir My,�issions `-- m. OTAnt, %,j-,,. Notary u is i� APPROVED: COUNTY OF EAGLE, STATE OF COLORADO By and Through its BOARD OF COUNTY COMMISSIONERS o�GL�C cT AAA,�� y Michael Gallagher, Chaff an ORA90 Clerk to the Board of County Commissioners Date:a r ®— DISTRIBUTION Ori finals to: ! . Contract Book 2. 3. 4. . Conies to: !. Accounting 2. 3. q