HomeMy WebLinkAboutR00-079 Draw on Vail Corporation for Bachelor Gulch Filing 18Commissioner 1 moved adoption
of the following Resol on:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 2000 - O'�r�
RESOLUTION CONFERRING POWER OF ATTORNEY UPON
JAMES R. FRITZE, COUNTY ATTORNEY, ROBERT W.
LOEFFLER, DEPUTY COUNTY ATTORNEY, RENEE ALLEE
BLACK, ASSISTANT COUNTY ATTORNEY AND
JACQUELINE CRAWFORD, PARALEGAL, TO ACT AS
ATTORNEY IN FACT FOR THE COUNTY OF EAGLE,
STATE OF COLORADO, WITH RESPECT TO LETTER OF
CREDIT NO. SCL006248 IN THE AMOUNT OF
$61,100.00 FOR THE ACCOUNT OF VAIL CORPORATION
DRAWN ON U S BANK.
WHEREAS, pursuant to C.R.S. 30 -28 -137, the County entered into
a Subdivision Improvements Agreement (hereinafter "SIA") with Vail
Corporation as a condition of the County's final plat approval of
Bachelor Gulch Filing No. 18; and
WHEREAS, Vail Corporation provided collateral in the form of
an Irrevocable Letter of Credit No. SCL006248 in the amount of
$61,100.00 to guarantee the faithful completion of the public
improvements; and
and
WHEREAS, said Letter of Credit will expire on June 14, 2000,
WHEREAS the Board finds, determines and declares that there
has been a default under the SIA and that a sum certain of
$61,100.00 is required to remedy the default.
a
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO:
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, 2000.
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ATTEST: ,€
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
BOARD OF COUNTY COMMISSIONERS
rX NO CO M40 Eli fr 1
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ette Phillips
ssioner
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Commissioner r seconded adoption of the
resolution. Th roll having been called
foregoing g , the vote was as
follows:
Commissioner Tom C. Stone
Commissioner Michael L. Gallagher
Commissioner Johnnette Phillips
This Resolution passed by &e2 4 -? �Z o 1 vote of the Board of
County Commissioners of the County o Eagle, State of Colorado.
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS: That the County of Eagle,
State of Colorado, a body politic and corporate, reposing special
trust and confidence in James R. Fritze, Robert W. Loeffler, Renee
Allee Black, and Jacqueline Crawford, of the County of Eagle, State
of Colorado, has made, constituted and appointed, and by these
presents does make, constitute and appoint the said James R. Fritze
and /or Robert W. Loeffler and /or Renee Allee Black, and /or
Jacqueline Crawford and each of them, the true and lawful attorney
for the County of Eagle; and in its name, place and stead, for its
sole use and benefit, to draw upon Letter of Credit No. SCL006248
in the amount of $61,100.00 issued by U S Bank to Vail Corporation
and to execute, make, endorse, and accept any documents necessary
to accomplish the foregoing purpose.
Hereby giving and granting unto James R. Fritze, and /or
Robert W. Loeffler, and /or Renee Allee Black, and /or Jacqueline
Crawford, said attorneys, full power and authority to do and
perform all and every act and thing whatsoever requisite and
necessary to be done in and about the premises, as fully to all
intents and purposes as it might or could do if personally present,
with full power of substitution and revocation, hereby ratifying
and confirming all that its said attorney or his substitutes shall
lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, the County of Eagle has caused its name to
be signed by its Chairman of the Board of County Commissioners, and
its seal to be affixed and attested by its Clerk, all b ing done in
the Town of Eagle, and State of Colorado, on this — day of
2 # r
r� COUNTY OF EAGLE, STATE OF
y'
COLORADO, By and Through Its
ATTEST: BOARD OF COUNTY COMMISSIONERS
"I 7�c
By: y:
erk of the Boar of Tom C. Stone, Chairman
County Commissioners
STATE OF COLORADO }
ss
County of Eagle )
I, , Notary Public in and for said Eagle
County, in the State aforesaid, do hereby certify that Tom C.
Stone, Chairman of the Board of County Commissioners of the County
of Eagle, State of Colorado, and Sara J. Fisher, County Clerk and
Clerk to the Board of County Commissioners, County of Eagle, State
of Colorado, personally known to me to be the persons whose names
are subscribed to the within Power of Attorney, appeared before me
this day in person and acknowledged that they signed, sealed and
delivered the said instrument of writing as their free and
voluntary act and deed, for the uses and purposes therein set
forth.
Given under my hand and notary seal, this day of
, 2000.
My commission expires
Notary Public
rWail. corp. M. l8
