HomeMy WebLinkAboutR91-011 releasing collateral for Gashouser } ,
443785 B -547 P -643 22/12/91 14:32 PG 1 OF 2 REC DOC
JOH NETTE PHILLIPS EAGLE COUNTY CLERK, COLORADO 0.00 0.00
Commissioner aUSTf}F-:5-,oN moved adoption
of the following Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 91 -�
RELEASING THE COLLATERAL FOR GASHOUSE, INC.
WHEREAS, on or about December 5, 1990, Gashouse, Inc.,
presented to the Board of County Commissioners of Eagle County,
Colorado, Irrevocable Letter of Credit Number 859 0354, issued by
1st Bank of Avon, in the amount of $24,000.00; and
WHEREAS, said Letter of Credit was provided in order to
guarantee that Gashouse, Inc., would faithfully conclude the
vacation of a lot line in accordance with the Eagle County Land Use
Regulations at the property known as
in Edwards, Colorado; and 4
WHEREAS, Gashouse, Inc., has represented that it has completed
the process necessary to vacate said lot line, and has requested
that the Letter of Credit be released; and
WHEREAS, the Department of Community Development concurs that
Gashouse, Inc., has complied with its requirements, and recommends
that the Letter of Credit be released.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO:
That 1st Bank of Avon's Letter of Credit Number 859 0354 be
released in its entirety.
MOVED, READ
of the County of
the
T:
i
AND ADOPTED by the Board of County Commissioners
Eagle, State of Colorado, at its regular meeting
day of January, 1991.
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
BOARD OF COUNTY COMMISSIONERS
By: .rc%
Jerk to the—Board of Y George Gates, Chairman
County Commissioners
Commissioner 0, g}T -c,S seconded
foregoing resolution. The roll having been
as follows:
Donald A. Welch, Commissioner
adoption of the
called, the vote was
Commissioner
Donald H.
Welch
A��eki7'
Commissioner
George A.
Gates
Commissioner
Richard L.
Gustafsony
v�
This Resolution passed by !A jj vote of the Board of
County Commissioners of the County of Eagle, State of Colorado.
83 -99
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