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HomeMy WebLinkAboutR96-134 release of collateral for Block 1, Lot 38, Filing 1, Henry Schmidt. Coa~issioner moved adoption of the following R solution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 96-1~ AUTHORIZING RELEASE OF COLLATERAL AND TERMINATION OF THE WARRANTY PERIOD FOR BLOCK 1, LOT 38, FILING 1, EAGLE-NAIL SUBDIVISION WHEREAS, pursuant to C.R.S. 30-28-37, the Board of County Commissioners of the County of Eagle, State of Colorado ("County") entered into a Construction Improvements Agreement dated March 14, 1995 ("Agreement")with Dr. Henry Schmitt ("Builder") as a condition of Amended Final Plat approval for Block 1, Lot 38, Filing 1, 94 Lupine Drive, Eagle-Vail Subdivision; and WHEREAS, pursuant to the Agreement the Builder provided the County with collateral for those public improvements required under the Agreement in the form of check number 535 in the amount of $2,790.00 deposited in the collateral account of the Eagle County Treasurer's office (prior to the signing of the Agreement the Builder installed part of the improvements to the satisfaction of the Eagle County Department of Engineering); and WHEREAS, pursuant to Eagle County Consent No. 95-20, Builder received a partial release of collateral reducing its collateral to $1,483.60, and the warranty period was commenced; and WHEREAS, both the Builder 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. THEREFORE, BE IT RESOLVED BY 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. THAT, the Eagle County Treasurer is hereby directed to issue a warrant to Dr. Henry Schmitt in the amount of $1,483.60. 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 ADOPTED by the Board of County Commissioners of the County of Eagle, State of Colorado, at its regular meeting held the _~~,,Q,~_ day of October, 1996. ATTEST: Clerk to the Board of County Commissioners COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS By: , Geor A. Gates, Chairman Johnnette Phillips, Commi sinner mes E. J , Commissione c Commissioner seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Gates a,Gj,Q Commissioner Phillips pL,~ _ Commissioner Johnson ~~ This Resolution passed by ~ ^~ vote of the Board of County Commissioners of the County of Eagle, State of Colorado. 95-29 MEMORANDUM EAGLE COUNTY ENGINEERING TO: Maureen Amundson, Attorney's Office FROM: John Althoff, Engineering DATE: October 15, 1996 RE: Eagle-Vail, F1, B1, L38 Stone Creek Drainage Was up to the site on Monday, October 7, 1996 to review the site and the work at the completion of the warranty period. Appears that the east bank of the channel just south of the house has been partially removed. The pipes and vegetation were in good condition. Would suggest that the elevation of the east channel bank be checked against the plans and appropriate actions taken. Also suggest releasing the collateral held for the warranty period as work and materials have held up through the warranty period. xc: George Roussos Chrono/file EXHIBIT