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HomeMy WebLinkAboutR03-063 Road Cut Permit No. 2938 Patrick Ryany • Commissioner moved adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION N0.2003-~~ FOR RELEASE OF ASSIGNMENT OF CERTIFICATE OF DEPOSIT FOR ROAD CUT PERMIT N0.2938 FOR PATRICK RYAN WHEREAS, on or about Apri19, 2001, the Board of County Commissioners of the County of Eagle, State of Colorado ("Board") granted Road Cut Permit No. 2938 to Patrick Ryan (Subdivider); and WHEREAS, the Subdivider provided collateral in the form of Assignment of Certificate of Deposit No.700001646 issued by Colorado Business Bank in the amount of $2,050.00 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. 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. 700001646 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 ~~ day of June, 2002. Y _~ • O~ ~GL~ C v ATTEST: ~n ~ c~C~RP~® By ~- ~~, By: Clerk to the Board of County Commissioners By: By: Y OF EAGLE, STATE OF ADO, By and Through Its OF COUNTY COMMISSIONERS Commissioner Commissioner ~ °~~ . seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Michael C. Gallagher Commissioner Tom C. Stone Commissioner Arn M. Menconi This Resolution passed by ~~'/2L~!'/~ vote of the Board of County Commis- sioners of the County of Eagle, State of Colorado. G:\~7cs\resolutions\assignment releaseryan Chairman