HomeMy WebLinkAboutR96-083 final release of collateral Aspen Mountain View Summit and Oakridge III..
~~D moved adoption
Commnissioner ~
of the following Reso ution:
BOARD OF COUNTY COMMISSIONERS
J
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 96- ~~
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FINAL RELEASE OF COLLATERAL
AND
TERMINATION OF THE WARRANTY PERIOD
A SpEN MOUNTAIN VIEW, THE SiTI~IIKIT AND OARRIDGE III
WHEREAS, on or about October 1, 1990, pursuant to Section 30-
28-137, C.R.S., the Board of County Commissioners of the County of
Eagle, State of Colorado ("Board") entered into a Subdivision
Improvements t1 Agreement ("Agreement") with Summit View, Inc.
("Subdivider ) as a condition of final plat approval of Aspen
Mountain View, The Summit and Oakridge III; and
WHEREAS, by Resolution No. 94-117 an additional one year
warranty period to expire on August 15, 1995 was granted for on-
site improvements; and
WHEREAS, the warranty period for off-site improvements
expired on August 20, 1995; and
WHEREAS, by Resolution No. 94-162 a reduction in collateral to
$5,000 for the one-year warranty period for on-site improvements
and $8,172.00 as collateral for the remaining one year warranty
period for off-site improvements, for a total of $13,172.00 was
granted; and
;~ ~ WHEREAS, by Resolution No. 94-162 Letter of Credit No. 4 was
'~ ~ released in full and Certificate of Deposit No. 910302 in the
,n :n amount of $12,000.00 already held by the County was accepted as
collateral for the warranty period; and
WHEREAS, the work required under the Agreement, has never been
satisfactorily completed and has not survived the warranty period;
and
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WHEREAS, the County, rather than drawing on the collateral,
received a check from the Subdivider in the amount of $5000.00 to
correct the failed work, which work included crack sealing and
infrared patching of certain portions of the roads located within
the Subdivision; and
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WHEREAS, that work has been satisfactorily performed,
therefore, the Eagle County Department of Engineering recommends
the final release of collateral and termination of the warranty
period, see Exhibit "A", attached hereto and incorporated herein by
this reference; and
WHEREAS, by Eagle County Resolution Nos. 91-1 and 92-172
(attached hereto as Exhibits "B" and "C" and incorporated herein by
this reference) the Board accepted the roads located within the
Subdivision for maintenance into the Eagle County Road System for
year round maintenance; and
BASED 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 hereby authorizes the full and final release
of collateral and the termination of the warranty period to be
effective upon approval of this Resolution.
THAT, the Board has previously accepted the roads located
within the Subdivision into the Eagle County Road system for year
round maintenance.
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.
C"~
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MOVED, READ AND ADOPTED by the Board of County Commissioners
of the County of Eagle, State of Colorado, this ~ day of July,
1996.
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" the Board of
Clerk to
County Commissioners
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
BOARD OF COUNTY COMMISSIONERS
By:
George Gates, Chairman
~,
Johnnette Phillips, Commissioner
a s E. Joh o Jr
C missioner
Commissioner seconded adoption of the
foregoing resolu on. The roll having been called, the vote was as
follows:
Commissioner George A. Gates
Commissioner Johnnette Phillips
Commissioner James E. Johnson, Jr.
This Resolution passed by ir,i~,~~~_ vote of the Board of
County Commissioners of the County of Eagle, State of Colorado.
82-237
mta\r\summit\ter
5y498L 43-698 Y-991 U7/O:i/9b U4:1U1' YG :i Ur' 11
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MEMORANDUM
EAGLE COUNTY ENGINEERING
TO: Maureen Amundson / Attorney's Office
FROM: Mike Gruber / Engineering /~/~~
DATE: June 3, 1996
RE: Final Release, Collateral; Termination SIA
Aspen Mountain View, The Suanmit and Oak Ridge III
Inspection was performed upon completion of the crack sealing and
infrared patching contract. The work is complete and acceptable.
We recommend release of collateral and termination of the SIA.
5949£iL 13-698 ~-991 U r/~3/96 U4: 1(lY 1'G 4 Ur' 11
cc: George Roussos, County Engineer
Chrono/File
CD
IXHIBIT
D
.. ~c REC
478.. 85,45 F'-.334 ~ a8/91 13:57 PG 1 OF 4 ~ - ~ 0. 00 0, 00
~NNETTE F~HILLIRS EAGLE CO Y CLERK, COLORADO
Commissioner ~~~"~OM~ moved adoption of
the fallowing .Resolution:
BOARD OF COUNTY COMMtSS10NERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 91-_,~
RE TtIE ACCEPTS COUNTY ROADt SYSTEM
INTO THE EAG
Board of County Commissioners of the County of Eagle, State of
WHEREAS, the is authored to construct and maintain
Colorado (hereinafter referred to as the "Board"),
public higt-.~rays pursuant #o C.R.S. §43-2-207; and
WHEREAS, the Board desires to accept the certain roads into the Eagle County Road
System for year-round mairrtenance. _
NOW, THEREFORE, BE IT RESOLVED BY THE BOA ADDOOF COUNTY COMMIS-
SIONERS OF THE COUNTY OF EAGLE, STATE OF COLOR
THAT, the Board hereby accepts the roads as set f1e ~DUn XhRoad "Sys em fo hyearo-
and made a part hereof by this reference, into the Eag Y
round maintenance.
THAT, the Board finds, determines and declares that th of Ea le~State of Colorado
for the public health, safety and welfare of the citizens of the County 9
MOVED, READ AND ADOPTED by the Board of C the Co day of n s of the County
of Eagle, State of Colorado, at its regular meeting held
COUNTY OF ~ s BOARD OFOCOUNTYRADO,
By and Throug
COMMISSIONERS
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EXHIBIT
By' Chairma
Donald .Welch,
c;ounry ~.onu~~~a~,~„~.~
Commissioner ~ seconded adoption of the foregoing resolution.
The roll having been called, the vote was as follows:
Commissioner Donald H. Welch
Commissioner George A. Gates
Commissioner Richard L. Gustafson
This Resolution passed by fi~•~i4-W~`wt~ris vote of the Board of County Commissioners of the
County of Eagle, State of Colorado.
441478 H-545 P-334 01/08/91 13:57 PG 2 OF 4
59498E 13-698 Y-991 u7/u3/96 U4:1UY 1'G 6 vr~ 11
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EXHIBIT A
LENGTH
ROAD - Mies
SUBDIVISION
Highland Meadows e~ont Road to
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en 0.09
e sac
d
Aspen Mountain View Mflurtifia~n V'ew end of cup-der sacttle . -
Creek Road to 0,71
Green Meadow Drive -Mountain View
Road to end of lot 10, Second
0,55
Filing
Summit Vista Parkside Lane -Valley Road to 0,14
Summit Drive
_ Summit Drive -end of cut-de-sac 0
16
east to end of lot 44 .
Ladybelle View and Mosher Lane -Eaton Lane to end of
cul-de-sac in Lady Belle View
S 112 of tracts 72 0.51
and 73, including MO's Subdivision
Subdivision
Aspen Junction HiAcxest Drive -Old Highway 82 to 0.86
end of cul-de-sac
Original Road -Highway 82 to end of 0.49
cul-de-sac
Blue Lake J W- Drive -Filing 1 boundary to EI 0,47
Jebel Road
Beaver Lane -Badger Road to end of 010
_ cul-de-sac
Rabbit Road -Badger Road to Filing 0.20
2 boundary
Raccoon Court -Badger Road to end of 0.09
CUI-de SaC
Badger Road - J.W. Drive to Filing 2 0 18
boundary
Basalt Industrial Park Lane -Willits Lane to Valley
Park Circle and past Valley Circle to 0.25
Filing 2 boundary
Valley Circle -Park Lane to end of
cut--sac 0.05
441478 8-54~ P-334 01/06/91 13:57 PG 3 OF 4
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SUBDIVISION
River Oaks
Valtey Business Center
EXHIBIT A (continued)
• ~ LENGTH
R~ Miles
River Oaks Lane -Willits Lane to end o•'~
of cul-de-sac
Sunset Drive -Willits Lane to end of U 09
cul-de-sac
TOTAL MILES ~-> >
5g49fiL ~-b98 Y-yy1 u%/u3/y~ tJ4:1U1' YG ~ ~r• 11
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441478 H-545 P-334 01/m8/91 13x57 PG 4 OF 4
1
~,~~~ moved adoption of
commissioner gesolutioa:
the following
BOARD OF COUNTY COI~II~iI88IONERB
COUNTY OF EAGLE, BTATE OI' COLORADO
gE80LUTION NO. 92-
~p~TH C EAGLE CCO OUNTY ROAD BYSTEM
I
WHEREAS, the Board of County Commissioners of the County of
Eagle, State of Colorado (hereinaftn ain a ubl c h ghways„pursuant
is authorized to cons and t and mai P
to C.R.S. § 43-2-207,
y~g~p,S, the Board desires tear reound ai tenance.oads into
the Eagle County Road System for y
NOW, THEREFORE, BE IT RESOLVED TE OF C L RADOF COUNTY COMMIS-
SIONERS OF THE COUNTY OF EAGLE,
THAT, the Board hereby accepts the reof by this ref renc~int
"A", attached hereto and made a part
the Eagle County Road System for year-round maintenance.
Z'Hp,T, the Board finds, determines and
Resolution is necessary for the public health,
of the citizens of the County of Eagle, State
MOVED, READ AND ADOPTED by the Board of
County of Eagle, State of Colorado, at
~~day of November, 1992.
COUNTY
BY and
By:
Commissioners
EXHIBIT
declares that this
safety and welfare
of Colorado.
County Commissioners
its regular meeting
Donald We c , Co i sinner
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OF EAGLE, STATE OF COLORADO,
Through Its BOARD OF COUNTY
~~~ (¢,~ seconded adoption of the
Commissioner g the vote was
foregoing resolution. The roll haven been called,
as follows:
Commissioner Donald H. Welch
Commissioner George A. Gates
Commissioner Richard L. Gustafson
This Resolution passed by ~
Commissioners of the County of agle,
cPi
vote of the Board of County
State of Colorado.
594982 13-698 ~-991 07/03/96 U4:1UY YG 1u U~' 11
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EgBIBIT A
LENGTH
ROAD files
SUBDIVISION
River Ranch LEWIS LANE - Willets Lane to 0,67
end of loop .
The Summit & SAM GRANGE COURT - IIpper Cattle
0.25
Oak Ridge III, Creek Road to cul-de-sac.
Aspen Mountain
View, Filing No.3 LYNN'S COURT - Sam Grange Court 0,09
to cul-do-sac.
GREEN MEADOW DRIVE - Lot 10, Aspen 0,20
Mountain View, Filing No.2, to end.
MILBURN COURT - Green Meadow Drive 0,2
to cul-do-sac.
TOTAL MILES 1.49
594982 13-698 ~-991 U7/U:i/96 u4:lUY ~U 11 ~k~ 11
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