HomeMy WebLinkAboutR91-087 release of collateral for Soderberg Filing 1 - Grindlayr
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JOHNNETTE PHILLIPS EAGLE COUNTY CLERK, COLORADO 0.00 0.00
�t-
Commissioner J moved adoption
of the following Res lution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO iii
LO
RESOLUTION NO. 91- r%
RELEASING THE COLLATERAL FOR SODERBERG SUBDIVISION,
FILING 1, GRINDLAY SUBDIVISION.
WHEREAS, on or about December 6, 1989, Ludwig Ritsch and Dorle
Ritsch, presented to the Board of County Commissioners of Eagle
County, Colorado, Irrevocable Letter of Credit Number 66, issued
by Alpine Bank of Basalt, in the amount of $12,501.04; and
WHEREAS, said Letter of Credit was provided in order to
guarantee construction of public improvements required by the
County of Eagle, State of Colorado, pursuant to that certain
Subdivision Improvements Agreement dated September 8, 1989; and
WHEREAS, Ludwig Ritsch and Dorie Ritsch, has represented that
they have completed the improvements, and has requested that the
Letter of Credit be released; and
WHEREAS, the Department of Engineering concurs that Ludwig
Ritsch and Dorie Ritsch, 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 the Alpine Bank of Basalt Letter of Credit Number 66 be
released in its entirety.
MOVED, READ AND ADOPTED by the Board of County Commissioners
of the County of Eagle, State of Colorado, at its regular meeting
held the 114— day of November, 1991.
ATTEST:
By:
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
BOARD OF COUNTY COMMISSIONERS
Pllerk to the Board o: George Gates, Chairman
!/ County Commissioners
t ae Dona7 H:�,Welch, Commissioner
0
Commis s
RMOVIMINIM
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 �U vote of the Board of
County Commissioners of the County of Eagle, State of Colorado.
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