HomeMy WebLinkAboutR1979-18 Release of Collateral - Lot 21 Buffer Creek Resubdivision 4111 411 410 RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO Release of Collateral - Lot 21 Buffer Creek Resubdivision - Texas Construction Company WHEREAS, Texas Construction Company, hereinafter referred to as the ''Subdivider" did on November 13, 1978, submit an irrevocable letter of credit to the Board of County Commissioners, County of Eagle, State of Colorado, hereinafter referred to as the "Board ", in the amount of One Thousand Dollars ($1,000.00) to guarantee the performance and completion of certain landscaping with respect to Lot 21 Buffer Creek Resubdivision i.e. Capstone Townhouses; and WHEREAS, the Subdivider has fulfilled the terms of the letter of credit i.e. completion of landscaping as per the plans submitted to the County with respect to Capstone Townhouses; and desires the Board to release said letter of credit; NOW THEREFORE, be it resolved by the Board of County Commis- sioners, County of Eagle, State of Colorado: THAT, the Board hereby releases a certain letter of credit in the amount of One Thousand Dollars ($1,000.00) with respect to Lot 21 Buffer Creek Resubdivision i.e. Capstone Townhouses; THAT, the release of said letter of credit is pursuant to the satisfactory completion of landscaping as per the plans submitted to the County by the Subdivider. THAT, the Board hereby finds, determines, and declares that this Resolution is necessary for the public health, safety and welfare in the County of Eagle, State of Colorado. M0VED, READ AND UNANIMOUSLY ADOPTED at a regular meeting of the Board of County Commissioners, County of Eagle, State of Colorado, held this A(. day o f ( ' , 1979. COUNTY OF EAGLE, STATE OF COLORADO By and through its ATTEST: BOARD OF COUNTY COMMISSIONERS By: _ %.L /. /� � . i By: e ja erk of the Boa ''of Cou'ty Dan Williams, C airman Commissioners