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