HomeMy WebLinkAboutR80-45 Off Site Improvements Trust FundRESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 80- Ll5 ESTABLISHMENT OF A TRUST FUND -- OFF -SITE IMPROVEMENTS -- SUBDIVISION REGULATIONS OF THE COUNTY OF EAGLE, STATE OF COLORADO.. WHEREAS, pursuant to Section 30 -28 -137, C.R.S. 1973, as amended, the Board of County Commissioners, County of Eagle, State of Colorado, hereinafter referrred to as the "Board ", is authorized and empowered to require a Subdivider of a subdivision located within the unincorporated territory of the County of Eagle and as a condition of final plat approval of subject subdivision, to enter into a Subdivision Improvements Agreement with the County of Eagle for the purpose of guarantying the faithful performance and completion of certain public improvements as determined and specified by the Board; and WHEREAS, pursuant to Section 5.02.15 of the Subdivision Regulations of the County of Eagle, Colorado, the Board may require a Subdivider of a subdivision and as a condition of final plat approval of subject subdivision, to enter into a cost sharing program to upgrade off -site access roads relative to subject subdivision by means of the Subdivider paying in cash a proportionate share of the costs of making improvements to such off -site access roads as determined and specified by the Board; and WHEREAS, the Board desires the establish a trust fund for the purpose of placing therein monies received by a Subdivider and for the appropriation and expenditure of monies by the County relative to the construction and improvement of certain off -site access roads as such roads are defined in certain Subdivision Improvements Agreements. NOW, THEREFORE, be it resolved by the Board of County Commissioners, County of Eagle, State of Colorado: THAT, the Board hereby establishes a new fund entitled "Off -Site Road Impirovem6ntd Fund ". THAT, such monies placed within and /or. appropriated to said fund shall be used for the purpose of constructing and /or improving off -site access roads pursuant to Section 5.02.15 of the Subdivision Regulations of the County of Eagle, Colorado, and certain Subdivision Improvements Agreements entered into pursuant thereto. THAT, the Board hereby requests and directs the Treasurer of the County of Eagle, Colorado, to estalish such a fund entitled "Off -Site Road Improvements Fund ". THAT, the Board hereby finds, determines and declares that this Resolution is necessary for the public health, safety and welfare of the County of Eagle, State of Colorado. MOVED, READ AND UNANIMOUSLY ADOPTED at a regular meeting of the Board of County Commissioners, County of Eagle, State of Colorado, held this 9 ;t day of August, 1980. ATTEST: BY : �c �i � B2te� erk of the d ounty Commissioners COUNTY OF EAGLE, STATE OF COLORADO By and Through its BOARD OF COUNTY COMMISSIONERS By: ¢� /3S -es✓j Dale F. Grant, Chairman , uommi5sioner n ttilliams, Commissioner