HomeMy WebLinkAboutR03-144 Road Cut Permit No. 3059 Donald J. and Marion F. Laughlin ~ f Commissioner ~~' ~ P .~ moved adoption of a 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 NO. 3059 FOR DONALD J. AND MARION F. LAUGHLIN WHEREAS, on or about November 28, 2001, the Board of County Commissioners of the County of Eagle, State of Colorado ("Board") granted Road Cut Permit No. 3059 to Donald J. and Marion F. Laughlin; and WHEREAS, the Subdivider provided collateral in the form of Assignment of Certificate of Deposit No.2009502543 issued by Wells Fargo Bank in the amount of $2,000.00 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. 2009502543 be terminated and that the same be returned to the Subdivider; MOVED, READ AND ADOPTED by the Board of County Conssioners of the County of Eagle, State of Colorado, at its regular meeting held the day of November, 2003. ATTEST: B ~l R~~~//E y, v Clerk to the Board of County Commissioners By: Michael L. Gallagher Chairman By By Commissioner cS~~~ seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Michael C. Gallagher Q~ ~~ Commissioner Tom C. Stone a~~~ Commissioner Arn M. Menconi ~o~ o This Resolution passed by ~~`~~~o~~~~ vote of the Board of County Commis- sioners of the County of Eagle, State of Colorado. ®~ ~,ob~c® COUNTY OF EAGLE, STATE OF OLORADO, By and Through Its N ~ OARD OF COUNTY COIVIlVIISSIONERS *pp ''~CORF-90 G:VKS~resolutions~ASSIGNMENT' RELEASELaugltlin.DOC Commissioner