HomeMy WebLinkAboutR14-073 MTM-Clear Creek Venture Final Release of Collateral Commissioner moved adoption ______Zti_______ of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2014- FINAL RELEASE OF COLLATERAL AND TERMINATION OF THE RECLAMATION AGREEMENT FOR MTM-CLEAR CREEK VENTURE (FILE NO. ZS-00043) WHEREAS, on or about April 19, 1999, the Board of County Commissioners of the County of Eagle, State of Colorado ("Board") granted to MTM-Clear Creek Venture, LLC dba American Towers ("Permittee") a Special Use Permit, File Number ZS-00043 with a condition to implement an on-site reclamation plan. Resolution 99-70 approving the Special Use Permit is recorded in the real property records of Eagle County at reception number 695963; WHEREAS, the County entered into a Reclamation Agreement dated April 19, 1999 ("Agreement") with Permittee ; and WHEREAS, the County accepted and is currently holding collateral in the amount of $7,500.00 to secure Permitee's performance under the Agreement; and WHEREAS, the work required under the Agreement is complete and acceptable and the Engineering Department recommends full release of the current collateral and termination of the Agreement as indicated in the Memorandum from the Engineering Department dated April 17, 2014 which is attached hereto and incorporated herein by this reference as Exhibit "A". NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, based upon the recommendation of the County Engineer, the Board finds that the Permittee's obligations under the Agreement have been satisfied. THAT, the Board hereby authorizes the full and final release of the collateral in the amount of$7,500.00 and the termination of the Reclamation Agreement for MTM-Clear Creek Venture associated with Special Use Permit File Number ZS-00043 . . THAT, this document shall be recorded in the records of the Eagle County Clerk and Recorder, which shall be evidence that the obligations under the Agreement are complete. 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 2014. COUNTY OF EAGLE, STATE OF I, ;i,.; COLORADO, By and Through Its ATTEST: * - .4 BOARD OF COUNTY COMMISSIONERS 0 alb... � 1 • By: i/. _ 4 1 A / - Clerk to the Board •f Jil,'{n H. Ryan _ County Commissioners C airman 42//4 &/L4-4-_.,, Sara J. Fisher Commissioner Kathy Chandler-Henry Commissioner Commissioner seconded adoption of the foregoing resolution. The roll having been called, the ote was as follows: Commissioner Ryan Commissioner Fisher ••'° Commissioner Chandler-Henry ! �� • This Resolution passed by 7' vote of the Board of County Commissioners of the County of Eagle, State of Colorado. 2 I • MEMORANDUM EAGLE COUNTY ENGINEERING TO: Deborah Churchill, Eagle County Attorney's Office FROM: Mike Horvath, Engineering Department DATE: April 17, 2014 RE: Reclamation Agreement, MTM Clear Creek,Eagle County File No. ZS-00043 Release of Collateral and the Termination of the Warranty Period and Reclamation Agreement After a file review, we accept the improvements per the terms and conditions of the Reclamation Agreement. I recommend termination of the Reclamation Agreement, termination of the warranty period, and the release of the remaining collateral for the improvements as follows: The improvements for MTM Clear Creek site as collateralized and as established by Reception No. 696339, to $7,500.00. This amount represents the collateral for the improvements to be retained throughout the two year warranty period. These improvements entail the landscaping of the site. # # # cc: Eva Wilson, County Engineer(email) MINT 1