HomeMy WebLinkAboutR01-161 final release of collateral for Sopris Mesa SubdivisionPage : r 4
`
01/04 2 01 :47F
Sara J Fisher Eagle. CO 3 0 R 0.00 D 0.00
Commissioner moved adoption
of the followgg Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 2001- lbl
FINAL RELEASE OF COLLATERAL
AND
TERMINATION OF THE CORRECTION PERIOD
FOR
SOPRIS MESA SUBDIVISION
WHEREAS, on August 31, 1998 Fender Lane Developers, Ltd. ( "Subdivider ") and the
Board of County Commissioners of Eagle County, Colorado (hereinafter "Board ") entered into a
Subdivisions Improvements Agreement (hereinafter "Agreement ") concerning the development
of Sopris Mesa Subdivision; and
WHEREAS, both the Subdivider and the Engineering Department state that the work
required under the Agreement is complete and acceptable and the Engineering Department
recommends full release of the collateral and the termination of the Subdivision Improvements
Agreement, see Exhibit "A," attached hereto and incorporated herein by this reference. Based
upon the oral and written recommendations of the County staff, THE BOARD FINDS that the
Subdivider's obligations under the Agreement have been satisfied.
WHEREAS, upon the recommendation of the Engineering Department and the
dedication by Subdivider, Eagle County accepts the following roadways for maintenance and
inclusion in the Eagle County Road Inventory:
1. A new portion of Green Meadow Drive (Eagle County Road GMl) extending
from the north side of the traveled way at milepost 0.08 of Fender Lane (Eagle County Road
13A) in a northeast direction for approximately 4,694 -feet (0.89 miles) to the south end of the
existing Green Meadow Drive. Said south end of Green Meadow Drive is approximately 70 -feet
southwest of the centerline intersection with Milburn Court (Eagle County Road MC1); and
2. A new road called Sopris Mesa Place (proposed Eagle County Road SM1)
extending from the west side of the traveled way at milepost 0.10 of Green Meadow Drive (Eagle
County Road GMl) in a northwest direction for approximately 358 -feet (0.07 miles) to the end.
WHEREAS, the one -year correction period required by Consent No. 2001 -16 be
terminated.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO:
C
THAT, the Board hereby authorizes the full and final release of collateral and the
termination of the Subdivision Improvements Agreement for Sopris Mesa Subdivision..
THAT, this document shall be recorded in the Records of the Eagle County Clerk and
Recorder, which shall be evidence that the warranty period for Sopris Mesa has been
successfully completed and that the Subdivider's obligations under the Agreement are complete.
THAT, the Letter of Credit No. 1294 issued by Vectra Bank Colorado be returned.
MOVED, READ AND ADOPTED by the Board of County Commissioners of the
County of Eagle, State of Colorado, at its regular meeting held the day of
December, 2001.
ATTEST:
Lo
Clerk to the Board of
County Commissioners
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
B OARD OF COUNTY COMMISSIONERS
Commissioner seconded adoption of the foregoing resolution. The roll
having been called, t vote was as follows:
Commissioner
Tom C. Stone (�
Commissioner
Michael C. Gallagher
Commissioner
Am M. Menconi
This Resolution passed by 3- vote of the Board of County Commis-
sioners of the County of Eagle, State of Colorado.
GAjks\resoluions \final release Sopris Mesa
12 of 4
Sa =i^ "er Eaale C D 3 .00
0
0 0
MEMORANDUM
EAGLE COUNTY ENGINEERING
TO: Janice Scofield, Legal Secretary
Eagle County Attorney's Office
FROM: John M. VengrirQ - j ftV
Engineering Department
DATE: November 9, 2001
3
Nov 7 4 , 1 s ! 1
I LI
` °- -- _ 7 T ORNEY
RE: Termination of Warranty Period and Acceptance of Green Meadow Drive and Sopris Mesa
Place for County Maintenance, "Subdivision and Off -Site Improvements Agreement,
Sopris Mesa Subdivision, PDF- 00028 " Rec. No. 669114, Dated August 31, 1998
On November 8, 2001, I inspected the public improvements covered by the above referenced
Subdivision Improvements Agreement (SIA) in need of correction as noted in my letter of August
20, 2001. All of the items noted in that letter have been satisfactorily corrected. Consent No. 2001-
16 established a one -year correction period for these items. Due to the minor nature of the
corrections that were made, it is my recommendation that the one -year correction period be
terminated. I also recommend that this SIA be terminated, and that the remaining collateral in the
amount of $10,000.00 be returned to the Subdivider, Fender Lane Developers, Ltd. m
Cad N
In the resolution terminating this SIA, please add that Eagle County accepts the following roadways � "' N o
for maintenance and inclusion in the Eagle County Road Inventory: 0
ra �
1. A new portion of Green Meadow Drive (Eagle County Road GM1) extending from the m
north side of the traveled way at milepost 0.08 of Fender Lane (Eagle County Road 13A)
in a northeast direction for approximately 4,694 -feet (0.89 miles) to the south end of the
existing Green Meadow Drive. Said south end of Green Meadow Drive is approximately o
70 -feet southwest of the centerline intersection with Milburn Court (Eagle County Road ®� m
MCI). And;
� a
2. Anew road called Sopris Mesa Place (proposed Eagle County Road SM1) extending from
the west side of the traveled way at milepost 0.10 of Green Meadow Drive (Eagle County ro
Road GM1) in a northwest direction for approximately 358 -feet (0.07 miles) to the end.
If you have any questions, please contact me at 328 -3568 or by intranet e -mail.
�. ro
0
V f
November 9, 2001
Sopris Mesa Subdivision, PDF -00028
Page 2
Pc: Helen Migchelbrink, Eagle County Engineer
Brad Higgins, Eagle County Road & Bridge Director
Jay McGarvey, Fender Lane Developers
Eric Tuin, High Country Engineering
Chrono
File PDF -00028
C
Page: 4 of 4
«1 „ ;�4/2002 X31 4 "7P
Sara J Fisher F. ag1r- C2 ?'^ R 0 .00 D 0 00
