HomeMy WebLinkAboutR10-045 Stephen Michonski Road Cut Permit Final Release of CollateralEAGLE COUNTY, CO '~~ 10O$45
` • TEAK J SIMONTON
Pgs~ 3 =59AM 0c.~r05~201
~- ~ REC= X0.00 DOC~
Commissioner ~ ' moved adoption
of the following Resolution:
BOARD OF COUNTY COMMISSIONERS ~ I ~~
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION N0.2010- ~~
FINAL RELEASE OF COLLATERAL
AND
TERMINATION OF THE WARRANTY PERIOD
FOR
STEPHEN MICHONSHI
ROAD CUT PERMIT N0.3641
WHEREAS, on or about June 3, 2008 the Board of County Commissioners of Eagle
County, Colorado ("Board") granted Road Cut Permit No. 3641 to Stephen Michonski for work
performed at 640 Charolais Circle, Singletree Subdivision, Edwards, Colorado; and
WHEREAS, the Subdivider provided collateral in the form of Letter of Credit No. 901-
5302 from 1st Bank of Avon in the amount of $2,000.00 to guarantee the faithful completion of
the work; and
WHEREAS, both the Subdivider and the Engineering Department state that the work
required under the Road Cut Permit is complete and acceptable and the Engineering Department
recommends full release of the collateral and the termination of the warranty period, see Exhibit
"A," attached hereto and incorporated herein by this reference. Based upon the written
recommendations of the County staff, THE BOARD FINDS that the Subdivider's obligations
under the Road Cut Permit 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 warranty period for Road Cut Permit No. 3641.
THAT, this document shall be evidence that the warranty period for Road Cut Permit
No. 3641 for Front Range Construction, Inc. has been successfully completed and that the
Subdivider's obligations under the Agreement are complete.
a
•
MOVED, READ AND ADOPTED by the Board of County Commissioners of the
County of Eagle, State of Colorado, at its regular meeting held the P~' day of May, 2010.
ATTEST:
By:
Clerk to the Board of
County Commissioners
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
BOARD OF COUNTY COMMISSIONERS
~ Sara J. Fisher
Chairman
+i~
By:
on avney
By:
Peter F. Runyon
Commissioner
/~ ~-~,,~
Commissioner ~-~~" seconded adoption of the foregoing resolution. The roll
having been called, the vote was ' follows:
Commissioner Fisher
Commissioner Stavney C~
Commissioner Runyon
This Resolution passed by ~l ~ vote of the Board of County
Commissioners of the County of Eagle, State of Colorado.
G:\NRW\resolutions\forms final release of collateral\6na1 release for road cut permits.DOC
•
MEMORANDUM
•
EAGLE COUNTY ENGINEERING
TO: Nancy Wright, Attorney's Office
FROM: Mike. Gruber, Engineering ~/~~~~
DATE: Apri126, 2U 10
RE: Collateral Release, 1St Bank of Avon, Letter of Credit No. 901-5302
In the amount of $2,000.00
Construction in the Public Way Permit No. 3641
640 Charolais, LLC CJO Stephen Michonski, P.O. Box 2749, Edwards, CO 81632
-----------=---------------------------------
---------------------------------------------
Inspection was made April 21, 2010 of the work performed under Construction in the Public
Way Permit #3641, 640 Charolais Cr., Singletree Subdivision, Edwards, CO.
The work is satisfactory and has successfully completed the two year warranty period under the
reduirements of the permit. Release of the Letter of Credit.as collateral is recommended.
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