No preview available
HomeMy WebLinkAboutR04-082 Eagle-Vail Metro District Release of Assignment Road Cut PermitCommissioner ~ moved adoption of the following solution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTIO ~T N0.2004- a~~ FOR RELEASE OF ASSIGNMENT OF CERTIFICATE OF DEPOSIT FROM EAGLE-NAIL METROPOLITAN DISTRICT TO EAGLE COUNTY FOR ROAD CUT PERMIT NOS. 3143, 3144, 3145, 3146 and 3147 WHEREAS, on or about July 25, 2002, the Board of County Commissioners of the County of Eagle, State of Colorado ("Board") granted Road Cut Permit Nos. 3143, 3144, 3145, 3146 and 3147 to Eagle-Vail Metropolitan District; and WHEREAS, the Subdivider provided collateral in the form of an Assignment of Certificate of Deposit No.14432 issued by Alpine Bank in the amount of $12,000.00 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 Permits 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.14432 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 ~, 2004. ATTEST: By: County Commissioners COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its ?ARD OF COUNTY COMMISSIONERS 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 bye vote of the Board of County Commis- sioners of the County of Eagle, State of Colorado. G:VKS~resolutions~ASSIGI3MENT RELEASEEagle-Vai1.DOC