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HomeMy WebLinkAboutR97-054 Draw on Sibley PlumbingCommissioner moved adoption of the following Resolution; BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 97 -6-/1'/ RESOLUTION CONFERRING POWER OF ATTORNEY UPON JAMES R. FRITZE, COUNTY ATTORNEY, ROBERT W. LOEFFLER, DEPUTY COUNTY ATTORNEY AND MAUREEN AMUNDSON, PARALEGAL TO ACT AS ATTORNEY IN FACT FOR THE COUNTY OF EAGLE, STATE OF COLORADO, WITH RESPECT TO LETTER OF CREDIT NO. 957 -3127 IN THE AMOUNT OF $2,000.00 FOR THE ACCOUNT OF JERRY SIBLEY PLUMBING, INC. DRAWN ON 1ST BANK OF VAIL WHEREAS, on or about May 23, 1996, the County granted Road Cut Permit No. 2276 to Jerry Sibley Plumbing, Inc. ( "Sibley "); and WHEREAS, Sibley provided collateral in the form of Letter of Credit No. 957 -3127, dated May 23, 1996, in the amount of $2,000.00 issued by 1st Bank of Vail ( "Letter of Credit ") to guarantee the faithful completion of the public improvements; and WHEREAS, said Letter of Credit will expire on May 23, 1997; and WHEREAS, the Board finds, determines and declares that there has been a default under the Road Cut Permit and that a sum certain of $2,000.00 is required to remedy the default. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, James R. Fritze, County Attorney, Robert W. Loeffler, Deputy County Attorney, and Maureen Amundson, Paralegal, are authorized to execute any and all documents necessary to draw upon said Letter of Credit. THAT, James R. Fritze, County Attorney, Robert W. Loeffler, Deputy County Attorney and Maureen Amundson, Paralegal, are hereby granted power of attorney to act as attorney in fact for the County of Eagle, State of Colorado, and its Board of County Commissioners, with regard to any and all actions that may be necessary to draw upon said Letter of Credit. THAT, the Chairman of the Board is authorized to execute a Power of Attorney for the purposes contemplated herein in the form attached to this Resolution as Exhibit A and made a part hereof by this reference. MOVED, READ AND ADOPTED by the Board of County Commissioners of the County of Eagle, State of Colorado, at its regular meeting held the Zq& day of 1997. COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS Johnnette Phillips Chairman George AGates' Commissioner t Commissioner � .yj„4&4 , seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Johnnette Phillips{ ®rte Commissioner James E. Johnson, Jr. Commissioner George A. Gates This Resolution passed by kja&�W y/j� vote of the Board of County Commissioners of the County of Eagle, State of Colorado.