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HomeMy WebLinkAboutR08-095 Janet Chenault Release of Assignment of Cert of DepositCommissioner ~~ ~ ~--~ ` moved adoption
of the following Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION N0.2008- ~ 15
FOR
RELEASE OF ASSIGNMENT OF CERTIFICATE OF DEPOSIT
N0.3536810446
FOR ROAD CUT PERMIT NO. 3522
JANET CHENAULT
WHEREAS, on or about Apri125, 2006, the Board of County Commissioners of the
County of Eagle, State of Colorado ("Board") granted Road Cut Permit No. 3522 to Janet
Chenault (Subdivider); and
WHEREAS, the Subdivider provided collateral in the form of Assignment of Certificate
of Deposit No. 3536810446 issued by First Bank of Avon 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 is satisfactory and the Engineering Department recommends
full release of the collateral (Exhibit "A"); and
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. 3536810446 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 13 day of August, 2008.
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
ATTEST: BOARD OF COUNTY COMMISSIONERS
. o~ ~r~c~
y.
Clerk to the oard of * * Peter F. Runyon
County Commissioners Q~oer~fl° Chairman
~`1• { ~~
~ vivlo v1 ti ~'
B y:
Sara~Fisher
sinner - ~ ~.~o •~+~
B
Menconi
Commissioner ~ s ~~" seconded adoption of the foregoing resolution. The roll
having been called, the vote was as follows:
Commissioner Runyon i~SS t...~--~ i
Commissioner Fisher ~ ~
Commissioner Menconi ~ ~
This Resolution passed by ~ / b
sinners of the County of Eagle, State of Colorado.
vote of the Board of County Commis-
G:\NRW\RESOLUTIONS - POA - LOC\FORMS Final release of collateral\ASS[GNMENT RELEASE of certificate of deposit.DOC
MEMORANDUM
EAGLE COUNTY ENGINEERING
TO: Nancy Wright, Attorney's Office
FROM: Mike Gruber, Engineering /~/1~ `` L%i
DATE: August 4, 2008
RE: Collateral Release, First Bank of Avon, Assignment of Certificate of Deposit
#3536810446
In the amount of $2,000.00
Construction in the Public Way Permit No. 3522
Janet Chenault
Inspection was made of the work performed under Construction in the Public Way Permit #3522,
1644
Squaw Creek Road, Edwards, CO.
The work is satisfactory under the requirements of the permit. Release of the Assignment of
Certificate of Deposit as collateral is recommended.
###
EXHIBR
Aar-24-2006 10:31an Frog-FACIE COUrITY EAGIflEERING +8T03288T88 T-630 P.003l004 F-181
ASSIGNMENT OF CERTIFICATE OF DEPOSTf
;~(j ~ ~ f' 1t:o Eagle County
TO:
For valuable consideration, receipt of which is hereby acknowledged, .~,4~~a~ I~-cc~T_
hereby assigns to the County of fiagle, State of Colorado, an interest in Certificate of Deposit
No. ~3~ ~ G~~ ~ to the extent of ~~~ ~ Dollars (S >m excluding all
interest now due or to become due on the assigned ataowzt. This Assignment is given as security
for Permit to Construct Within the Public Way No. `~5~1 .This Assignor®t shall be a
continuing asignmeat and shall remain effective until the Board of County Commissioners, by
written resolution, authorizes the release of the security.
Eagle County may authorize a reduction in the security represented by this Assignment,
by written resolution.
¢~
-.JA-~ ~~~t/ ze~.7"hereby authorizes Eagle County to demand snd collect all or any
portion of the deposit to the extent of the assigned amount in aceo~dance with this Assignment,
and to ic¢ue a receipt for any sums received there &om. ...TA~,.(~~1A~!~i hereby directs
~s'7` ~~+a:~.= to pay to the County, its legal repxesentative, successors oz assigns, upon
wntten demand, the amount so demanded, to the extern of the assigned amount.
This Assignment shall neither be amended nor terminated without the consent of all
signatories hereto, which shall be in writing.
DONE this ~`~ day of ~r-~`- 200:io
By: ~~ ~.
JANET CHENAULT
STATE OF COLORADO
COUNTY OF EAGLE
ss
The forgoing was acknowledged before me this ~~~ day of ~~ ~ ~- a~ co
WITNESS my hand and offici11al__seal.
My commission expires i _2- Its '~~~`~
Notary Public
Aar-24-2006 10:33am From-EAGLE COUNTY ENGINEERING +9103268189 T-630 P.004/004 F-291
APPROVED:
On behalf of ~t ~e~G~~'~' . I approve the conditions set forth in this Assignment of
Certificate of Deposit, and agree that the Assigtmaent shall not be terminated without the written
authorization of the Board of County Comnussioc~ers of fiagle County, Colorado.
DONE this ~ day of ~(~ ~ `~ ~ , 2p(~.
NAME~~OF BANKK ~ /
F,f1~1J~.v~~ Jl / `~V/t
B , ~.~/'
y-
Title: ~ u ~~ti»~~
STATE OF COLORADO )
)~
COUNTY OP EAGLE )
The forgoing was aclmowledged before me this ~=~~~ day of ~~ ~ ~- a-~ ~'°
by N t ~-- w-~. ~~ ~ r.l~ w.an~ as _~l !' of ~~ f~E Fxx~..~k- r~ its ~ ~-~--~
WITNESS my hand and official seal.
My commission expires 1 a- ~ ~-~ ` ~-~ °'-
Notary Public t~v~.-~--.~ ~~~~~(~
APPROVED:
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its BOARD
ATTEST; OF COUNTY CO1VIlVbSSIONERS
'd~~
J~~. P
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~9 BY
Clerk to the Board of ~'~L~~,; `~,.~ ~~
County Commissioners - ~~"
DATES r, ~ ! ~ ~ ~-
nar-c~-tuuti io:3zw Frae-EAGIE COUNTY ENGINEERING
+8T032A8188 T-630 P.003/004 F-181 `~ ~ ~ ~3
ASSIGNMENT OF CERTIFICATE OF DEPOSIT
=~% L:~1~L~o Eagle County
TO:
For valuable consideration, nxeipt of which is hereby acknowledged, _~~"t~, - ~ ~ t c c.-T-
h~Y assigns ~ the County of fiagle, State of Colorado, an interest in Certificate of Deposit
No. ~3~8 ~ o~~ t<, to the extent of ~ ~ ~ ~ DoIlats (~ 1m excluding all
interest now due or Lo become due on the assigned amount This Assignment is givau as security
for Permit to Construct Within the Public Way No. ,35~~~, This Assigttme~t shall be a
continuing assignment aad shall remain effective until the Board of County Commissioners, by
written resolution, authorizes the release of the security,
Eagle County may authorize a reduction in the security represented by this Assignment,
by written nsoludon.
r Q~
J~~ ~ - /~>,~ "hereby authorizes Eagle County to demand and collect all or any
portion of the deposit to the extent of the assigned amount in accx~dance with this Assignmart,
and to ~scue a receipt for aay sums roceived there fi'om. ~
~,~T~ee<eby directs
,C1~S ~ ~ to pay to the County, its legal representative, successors or assigns, upon
written demand, the amount so demanded, to the extent of the assigned amount.
This Assigntnart shall neither be amended ~r terminated without the consant of all
signatories hereto, which shall be in writing.
DONE th>IS ~`~ day of ~ > ~ `-- 200. (~
By: ~ .
JANET CHENAULT
STATE OF COLORADO )
COiINTY OF EAGLE j ~
The forgoing was acknowledged before me this ~`~~aay of ~<~ ~ 2~ ~
by ~r.~~- cy., ~a~~;
WITNESS my hand and offici1al-seal.
My commission expires 1 2- bps a~v~j
Notary Public
Apr-t4-2006 10:33ae Free-EAGLE COUNTY ENGINEERING +OT032AOTA0 T-630 P.004/004 F-2i1
APPROVED:
On behalf of ~t _c'~e-~a~.~'~' , Y appmve the conditions set forth in this Assignment of
Certificate of Deposit, and ague that the Assignment shall not be terminated without the written
authorization of the Board of County Commissioners of Eagle County, Colorado.
DONE this _~ day of ~~ ~ `~ ~ z0~
NAME OF BANK
F, r,,- i~w.~ ~ ~- ~,,~ ~~
By:
Title: ~ ~. ~~t„ ~t.~. ~-
3TATE OF COLORADO )
)~
COUNTY OF EAGLE )
The fvrgoiag was aclmowledged before me this ~:-~-5~~ dsy of ~~ ~ ~ ~-~ ~"'
by ly i ~- w-.. ~r . r.k+han - ~ -~~ of ~t r~ ~ ~~ ~ ~ .~ ~s-s--~
WI'Y'NESS my hand and official ses1.
My commission expires 1 a- I~g' a~ ~
Notary Public ~,.v,~.-",~~ ~~-~z_.--~ c~
APPROVED:
ATTEST;
~~~~~~ .~
Clerk to the Board of
County Commissioners
COUNTY OF EAC3LE, STATE OF
COLORADO, By and Through Its BOARD
OF COUNTY CO
L 4 Et~''„r'r , C118II7I!
DATES ~ ~ Lf' li ~-