HomeMy WebLinkAboutR99-156 Rocky Mountain Natural Gs (KN) final releaseCommissioner moved adoption
of the following Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 99- /610
FINAL RELEASE OF COLLATERAL
OF BOND NO. 318257/142185080
AND
TERMINATION OF THE RECLAMATION AGREEMENT
FOR
ROCKY MOUNTAIN NATURAL GAS COMPANY
KN ENERGY
WHEREAS, on or about May 16, 1995, the Board of County
Commissioners of the County of Eagle, State of Colorado (Board)
granted to Rocky Mountain Natural Gas Company (Rocky Mountain) a
Special Use Permit, ZS- 363 -95, to construct, operate and maintain
a 12 -inch pipeline from south of Eagle to the Edwards Exchange
Station; and
WHEREAS, on or about May 16, 1995, the Board and Rocky
Mountain entered into a Reclamation Agreement with regard to the
Special Use Permit; and
WHEREAS, in order to guarantee the faithful completion of
certain public improvements required under the Permit, the Board
accepted as collateral Subdividers Completion Bond No. 318257 in
the amount of $20,545.00; and
WHEREAS, Rocky Mountain has represented to the Board, and
members of the County staff have corroborated those representa-
tions, that the reclamation work under this permit was completed in
1995. Inspection was completed on July 13, 1999 indicating the
reclamation has proven to be successful entering the fourth year
since completion; and
WHEREAS, Bond No. 318257 would be replaced with 142185080 also
in the amount of $20,545.00 if needed; and
WHEREAS, Rocky Mountain has applied for a full release of its
collateral;
WHEREAS, based upon the written recommendations of the
Engineering Department, attached hereto as exhibit "A ", the Board
finds that the reclamation work under this permit is complete, and
the full release of said bond in the amount of $20,545.00, is
appropriate.
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 collateral, as said Bond in the amount of $20,545.00, and the
termination of the Reclamation Agreement for Rocky Mountain
National Gas Company.
THAT, this document shall be recorded in the Records of the
Eagle County Clerk and Recorder, which shall be evidence that the
Reclamation Agreement for Rocky Mountain Natural Gas Company has
been successfully completed and that the obligations under that
Agreement are complete.
MOVED, READ AND ADOPTED by the Board of County Commissioners
of the Co un of Eagle, Statet Colorado, at its regular meeting
held the day of , 1999.
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
ATTEST: -a BOARD OF COUNTY COMMISSIONERS
By:
C erk to the goard of Johnnette Phil
air lips
County Commissioners Chman
el �� h�
Tom C. Stone, Commissioner
��n am - L
James E. Johnson, Jr.,
Commissioner
n�
Commissioner � /AA seconded adoption of the
foregoing resolution. The roll having been called, the vote was as
follows:
Commissioner
Commissioner
Commissioner
Johnnette Phillips
Tom C. Stone
James E. Johnson,
MI
r .,„
This Resolution passed by 00 vote of the Board
of County Commissioners of the County of Eagle, State of Colorado.
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MEMORANDUM
EAGLE COUNTY ENGINEERING
TO: Nancy Lewis / Attorney's Office
FROM: Mike Gruber / Engineering
DATE: July 13, 1999
RE: Special Use Permit, ZS- 363 -95 Rifle -Avon Natural Gas
Pipeline, Collateral Release, Bond No. 142185080, and
Termination of the attached RECLAMATION AGREEMENT within
Resolution 95 -55
Our office received a letter dated June 28, 1999 from KN Energy,
Inc. formally requesting inspection and release of the bond for
successful completion of the work under the Special Use Permit. The
reclamation work under this permit was completed in 1995.
Inspection was completed on July 13, 1999 indicating the
reclamation has proven to be successful entering the fourth year
since completion.
Release of the collateral amount of $20,545.00, bond No. 142185080
as requested is recommended. Termination of the Reclamation
Agreement incorporated into resolution 95 -55 is also recommended.
CC: George Roussos, County Engineer
Chrono /File
