HomeMy WebLinkAboutR99-098 Bear Gulch Subdivison Filing 1 final releaseCommissioner moved adoption of the tollowing Resolution: r E 3L 1 S BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 99 - -24— FINAL RELEASE OF COLLATERAL AND TERMINATION OF THE SUBDIVISION IMPROVEMENTS AGREEMENT FOR BEAR GULCH SUBDIVISION, FILING 1 WHEREAS, pursuant to C.R.S. X30 -28 -137, the Board of County Commissioners of the County of Eagle, State of Colorado ( "County ") entered into a Subdivision Improvements Agreement dated June 26, 1995 ( "Agreement ") with Heidi P. Jouflas ( "Subdivider ") as a condition of the County's final plat approval for Bear Gulch Subdivision, Filing 1; and WHEREAS, by Eagle County Consent No. 96 -10, the County commenced the warranty period for Bear Gulch Subdivision, Filing 1, said warranty period to expire March 11, 1998; 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 Improve- ments Agreement as stated in Exhibit "A ", attached hereto and incorporated herein by this reference; and WHEREAS, 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. 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 and the termination of the Subdivision Improvements Agreement for Bear Gulch, Filing 1. THAT, the Assignment of Account No. 3707 -414 issued by Alpine Bank in the amount of $3,473.15, which represents ten percent (10%) of the original cost estimate, be terminated. I ("III VIII lIIIIII 1111 Ililll Il 11111111 III "III IillI'll 700095 06/16/1999 03:53P 370 Sara Fisher 1 of 3 R 0.00 D 0.00 N 0.00 Eagle CO } Commissioner moved adoption of the tollowing Resolution: r E 3L 1 S BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 99 - -24— FINAL RELEASE OF COLLATERAL AND TERMINATION OF THE SUBDIVISION IMPROVEMENTS AGREEMENT FOR BEAR GULCH SUBDIVISION, FILING 1 WHEREAS, pursuant to C.R.S. X30 -28 -137, the Board of County Commissioners of the County of Eagle, State of Colorado ( "County ") entered into a Subdivision Improvements Agreement dated June 26, 1995 ( "Agreement ") with Heidi P. Jouflas ( "Subdivider ") as a condition of the County's final plat approval for Bear Gulch Subdivision, Filing 1; and WHEREAS, by Eagle County Consent No. 96 -10, the County commenced the warranty period for Bear Gulch Subdivision, Filing 1, said warranty period to expire March 11, 1998; 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 Improve- ments Agreement as stated in Exhibit "A ", attached hereto and incorporated herein by this reference; and WHEREAS, 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. 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 and the termination of the Subdivision Improvements Agreement for Bear Gulch, Filing 1. THAT, the Assignment of Account No. 3707 -414 issued by Alpine Bank in the amount of $3,473.15, which represents ten percent (10%) of the original cost estimate, be terminated. I ("III VIII lIIIIII 1111 Ililll Il 11111111 III "III IillI'll 700095 06/16/1999 03:53P 370 Sara Fisher 1 of 3 R 0.00 D 0.00 N 0.00 Eagle CO THAT, this document shall be recorded in the Records of the Eagle County Clerk and Recorder, which shall be evidence that the termination of the Agreement for Bear Gulch Subdivision, Filing 1, has been successfully completed and that the Subdivider's obliga- tions under the Agreement are complete. THAT, the roads in Bear Gulch Subdivision, Filing 1 are private and will not be maintained by Eagle County. MOVED, READ AND ADOPTED by the Board of County Commissioners of the County of Eagle, St to of Colorado, at its regular meeting held the day of 1999. ATTEST: — J.. f �LOR AV - B e C r to the Coard of County Commissioners COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS 41 vvV ohnnette Phillips Chairman Tom C. Stone Commissioner ry s E. Johnso , Jr. .� Commissioner Commissioner seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Johnnette Phillips Commissioner Tom C. Stone Commissioner James E. Johnson, Jr. This Resolution passed by C-� _0 vote of the Board of County Commissioners of the County of Eagle, State of Colorado. #95 -132 G: \KAW \R \FIN.BR1 111111 11III 11111111111 111111 1111111111 111'111' 1111 700096 06/16/1999 03:53P 370 Sara Fisher 2 of 3 R 0.00 D 0.00 N 0.00 Eagle CO MEMORANDUM EAGLE COUNTY ENGINEERING TO: Kathy Walter / FROM: Karen Filter / DATE: May 17, 1999 Attorney's Offic Engineering L RE: Collateral release : Bear Gulch Subdivision, Filing I and II Weather has allowed a final inspection of the roads in Filing I and II of Bear Gulch Subdivision. The SIA termination and col- lateral release is recommended based on the satisfactory per- formance of the roads. Corrections requested by Michael Gruber in June of 1998 have been conducted in a minimal way. The roads will be private and maintained privately following this SIA termination. xc: George Roussos chrono -file 1 111111 "III 11111111111 111111 II IIIIIIII III "I" Ilil I"I 700098 06/16/1999 03:83P 370 Sara Fisher 3 of 3 R 0.00 D 0.00 N 0.00 Eagle CO