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HomeMy WebLinkAboutR01-119 assignment of CD 2009502451 permit 3018z Commissioner moved adoption of the foll ng Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2001- 1` RESOLUTION AUTHORIZING ASSIGNMENT OF AN INTEREST IN CERTIFICATE OF DEPOSIT No. 2009502451 ISSUED BY WELLS FARGO BANK WEST, N.A. TO GEORGE F. JOHNSON AND ASSIGNING AN INTEREST IN THE AMOUNT OF $2,000.00TO EAGLE COUNTY AS COLLATERAL FOR ROAD CUT PERMIT NO. 3018. WHEREAS, George F. Johnson assigns to the County of Eagle, State of Colorado, an interest in Wells Fargo Bank West, N.A. Certificate ofDepositNo. 2009502451 to the extent ofTwo Thousand Dollars ($2,000.00), excluding all interest now due or to become due on the assigned amount. WHEREAS, the Assignment is given as security for Road Cut Permit No. 3018. WHEREAS, This Assignment shall be a continuing assignment and shall remain in effect until the Board of County Commissioners, by written resolution, authorizes the release of the security. The County may authorize a reduction in the security represented by the Assignment by written Resolution. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, the Board of County Commissioners finds: (a) That the Assignment of an interest in Certificate ofDeposit No. 2009502451 to Eagle County in the amount of $2,000.00 for Road Cut Permit No. 3018 is a proper form of collateral according to the terms as set forth on said Assignment, THEREFORE, the Board of County Commissioners hereby approves the form of collateral and authorizes the execution of the attached Assignment of Certificate of Deposit No. 2009502451 of George F. Johnson to Eagle County for road cut permit no. 3018 in the amount of $2,000.00. THAT, the Board of County Commissioners 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. � C MOVED, READ AND ADOPTED by the Board of o t - Commissioners ofthe CountyofEagle, State of Colorado, at�g�lar meeting held the ZL' y of September, 2001. COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS Am M. Menconi, Commissioner Tom C. tone, Chairman Commissioner seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Tom C. Stone Comm?s�jioner Michael L. Gallagher Commissioner Am M. Menconi This Resolution passed by ��J//��J�/,I��l/� vote of the Board of County Commissioners of the County of Eagle, State of Colorado. g:jks\resolutionsUohnson assignment < i ASSIGNMENT OF CERTIFICATE OF DEPOSIT George F. Johnson To Eagle County TO: Wells Fargo Bank West, N.A. For valuable consideration, receipt of which is hereby acknowledged, George F. Johnson hereby assigns to the County of Eagle, State of Colorado, an interest in Certificate of Deposit No. 2009502451 to the extent of Two Thousand Dollars ($2,000.00), excluding all interest now due or to become due on the assigned amount. This Assignment is given as security for Road Cut Permit No. 30 10 0 . 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. Eagle County may authorize a reduction in the security represented by this Assignment, by written resolution. George F. Johnson 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 George F. Johnson hereby directs Wells Fargo Bank West, N.A. 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 day of V Q-�O -SA , 20 . George . Johnson By STATE OF COLORADO ) ss. COUNTY OF EAGLE ) The foregoing was acknowledged before me this day of , 20 Q �, by fEA �' s m m WITNESS my hand and official seal. My commission expires q— (—n a- Notary Public APPROVED: On behalf of Wells Fargo Bank West, N.A., 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 a(f day of , 20_()_L Wells Fargo Bank West, N.A. BY: Title: STATE OF COLORADO ) ss. COUNTY OF EAGLE ) The foregoing was acknowledged before me this �4 day of _, 20 0 ( by _ � o ��� S ; i`(\;1,( 0 ,� as Q PNQ , ,, — of Wells Fa go Bank West, N.A. WITNESS my hand and official seal. My commission expires Q- a �IJOQ uf'r Notary Public - APPROVED: c i l COUNTY OF EAGLE, STATE OF COLORADO By and Through its BOARD OF COUNTY COMMISSIONERS Arn M. Menconi, Commissioner CYerk to the Board of County Commigsioners Date- /�, � m� \ y O y ro sm y � G 4 0 Cb lb C m CD a N 3 Q m a 3 m 0 a F a m 3 0 3 a m m a m J 4 a m m 0 N J O co x O O C O �p m N O W 00 to o \ Q� N fi O O � ~ W .. o � 0 X- N O O O O O iP N . J 1 'A N �A 9 0 Q H ° N G? y � o <z ro ;x �lj A� n ` o� F1 � ' H H H x ty J k m' m C- N O V 1 O N 4 01 sue" H O G" tr1 0 W P c m O C G� H E I F-I !] H by x ;%- HH I 0 b C y � r O b c U] a 00 p y H 5y o.� b�.kH o ti a Q��A N o O O H C 0 0 r o C) p � � k m � n C! 0 H H j � � o a cz � x � n ? 0 a y H 0 X- N O O O O O iP N . 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