HomeMy WebLinkAboutR96-152 Draw on Canwest VenturesCommissioner ~~~,~~~ moved adoption
of the following Resolution:
BOARD OF COUNTY CONIl~IISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 96-~
RESOLUTION CONFERRING POWER OF ATTORNEY UPON
JAMES R. FRITZE, COUNTY ATTORNEY, MARY JOAN
BERENATO, DEPUTY COUNTY ATTORNEY, ROBERT W.
LOEFFLER, ASSISTANT 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.
162 IN THE AMOUNT OF $2,000.00 FOR THE ACCOUNT
OF CANWEST VENTURES, INC. DRAWN ON WESTSTAR
BANK
WHEREAS, on or about November 8, 1994, the County granted Road
Cut Permit No. 2039 to Canwest Ventures, Inc. ("Canwest"); and
WHEREAS, Canwest provided collateral in the form of Letter of
Credit No. 162, dated November 8, 1994, in the amount of $2,000.00
__- _ issued by Vail Bank ("Letter of Credit") to guarantee the faithful
completion of the public improvements; and
WHEREAS, said Letter of Credit will expire on December 8,
1996; 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, Mary Joan Berenato,
Deputy County Attorney, Robert W. Loeffler, Assistant 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, Mary Joan Berenato,
Deputy County Attorney, Robert W. Loeffler, Assistant 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 ~,~~_ day of `~a ;.;- ® , 1996 .
ATTEST : ~~ ;'~~'~ =~ ~ ~`~,~`.
y ~
"K~e+.~`
Clerk to the Board of
County Commissioners
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
BOARD OF COUNTY COMMISSIONERS
By:
Georg A. Gates
Chairman
,~'Johnnette Phillips
Commissioner
~~~~
James E. Johnson, Jr.
Commissioner
Commissioner ~~ seconded adoption of the
foregoing resolution. 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 ~° ~~ vote of the Board of
County Commissioners of the County of Eagle, State of Colorado.