HomeMy WebLinkAboutR96-015 release of collateral for Harmony ViewC~i.ssioner ~ ~p~Qlu~ waved adoption
of the follaw'i.ng so u ion:
BOARD OF CO[A~Y CONIl~IISSIDZJER.S
COZJN'TY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 96-
~ A RESOLUTIOi~T AUTHORIZZrirG REGE.ASE OF COT~,TER_n~
AMID
~TION OF T!~ ~TAI2RANTY PERIOD
FOR
HARMiONY VIEW SUBDIVISION, FILIl~AG 2
WHEREAS , on or about November 10 , 19 92 , pursuant to C . R . S . 3 0 -
28-137, the Board of County Commissioners of the County of Eagle,
State of Colorado ("Board"), entered into a Subdivision Improve-
ments Agreement ("Agreement") with Kip Koski and Wendy Koski
(hereinafter "Subdivider") as a condition of final plat approval of
Harmony View Subdivision, Filing No. 2; and ~
;2
WHEREAS, in order to guarantee the faithful completion of
certain public improvements required under the Agreement, the Board ,,;
accepted as collateral Irrevocable Letter of Credit No. 10082
issued by Bank of Aspen, Aspen, Colorado, in the amount of
$37,700.00; and
WHEREAS, by Eagle County Resolution No. 93-135 the Board found
that the Subdivider had completed all the improvements required
under the Agreement, and commenced the warranty period which was
set to expire November 15, 1995; and
WFI~RE'AS, both the Subdivider and the Engineering Department
state that the work 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.
WF-AREAS, the Board is not accepting maintenance for Harmony
Lane as that is a private road, nor is the Board accepting any
maintenance responsibility for any other improvements required
under the Agreement and installed by the Subdivider, see Exhibit
"A". and
583471 B-687 P-469 02/06/96 11:43A PG 1 OF 4
Sara J. Fisher REG DOG
Eagle County Clerk & Recorder 0.00
BASID UPON the oral and written recommendations of the Eagle
County Department of Engineering, the Board finds that the warranty
period has been successfully completed and the full release of the
collateral is appropriate, as is the termination of the warranty
period.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO:
THAT, the Board hereb~r authorizes the full and final release
of collateral and the termination of the warranty period.
THAT, the~Board will not be accepting any of the improvements
installed pursuant to .the Agreement.
THAT, this document shall be recorded in the Records of the
Eagle County Clerk and Recorder, which shall be evidence that the
Agreement has been terminated.
THAT, this resolution is necessary for the public health,
safety and welfare of the citizens of Eagle County, Colorado.
MOVED, READ AND ADOPTID by the Board. of County Commissioners
of the County of Eagle, State of Colorado, at its regular meeting
held the ~~',~ day of ~d 1996.
COUNTY OF EAGLE, STATE OF
4~t ~°t+ COLORADO, By and Through Its
ATTEST: ~' ~~ BOARD OF COUNTY COMMISSIONERS
# ~~
.~,~® ~
er to t e ar o
County Commissioners
By:
e tes, irman
Jo ette P ips, stoner
Commissioner ~~_ seconded adoption of the
foregoing resolutio e roll aF~ ving been called, the vote was as
follows:
Commissioner Gates _
Commissioner Phillips
Commissioner Johnson
This Resolution passed by (~j -(~ vote of the Board of
County Commissioners of the County o Eagle, State of Colorado.
91-165
mta/r/harmony.ter
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MEMORANDUM
EAGLE COUNTY ENGINEERING
TO: Maureen Amundson / Attorney's Office
FROM: Mike Gruber / Engineering 'I
~~~~~
DATE: January 23, 1996
RE: Completion of Subdivision Improvements Agreement
Harmony View Subdivision, Filing No. 2
Our office finds that the work required has been completed in a
satisfactory manner under the terms and conditions of the
Subdivision Improvements Agreement. This project has successfully
completed the required two year warranty period.
The roads are private and therefore no County maintenance will be
provided or required. Utility easements are dedicated to the
responsible entity for providing installation and maintenance of
the services for which the easements are established.
It is recommended that the developer be released from the
Subdivision Improvements Agreement by resolution from the Board of
County Commissioners.
cc: George Roussos, County Engineer
Chrono/File
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