HomeMy WebLinkAboutR07-005 Julianne Young Release of Assignment Commissioner ~k..... ~ L-A' moved adoption of the following Resolution: BOARD OF COUNTY COM~nSSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2007-M FOR RELEASE OF ASSIGNl\;IENT OF CERTIFICATE OF DEPOSIT FOR ROAD CUT PERl\;llT NO. 3391 JULIANNE YOUNG WHEREAS, on or about November 24, 2004 the Board of County Commissioners of the County of Eagle, State of Colorado ("Board") granted Road Cut Permit No. 3391 to Julianne Young (Subdivider); and WHEREAS, the Subdivider provided collateral in the form of Assignment of Certificate of Deposit No. 229-701-9785 issued by First Bank: of Vail in the amount of $2,250.00 to guarantee the faithful completion of the construction project; and WHEREAS, both the Subdivider and the Engineering Department state that the work required under the Road Cut Permit has satisfactorily passed the two-year warranty period and the Engineering Department recommends full release of the collateral; and WHEREAS, the release of the Assignment of Certificate of Deposit requires termination of the Assignment by written Resolution of the Board of County Commissioners. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, the Board hereby authorizes the full and final release of the collateral and the Assignment of Certificate of Deposit No. 229-701-9785 be terminated and that the same be returned to the Subdivider; MOVED, READ AND ADOPTED by the Board of County. Commissioners of the County of Eagle, State of Colorado, at its regular meeting held the 1lnilday of January, 2007. ~~:L COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD COUNTY COMMISSIONERS ATTEST: B . Pt,Avt.., Commissioner ::t:1 ~ seconded adoption of the foregoing resolution. having been called, the vote was as follows: Peter F. Runyon Commissioner By: rJ." CJ Sara J. Fisher Commissioner - hfOA(A- --' The roll Commissioner Menconi Commissioner Runyon Commissioner Fisher A",I.. I,L4 ~ \ ~L, " This Resolution passed by sioners of the County of Eagle, State of Colorado. "3/b vote of the Board of County Commis- G:VKS\resolutions\ASSIGNMENT RELEASE young. DOC