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HomeMy WebLinkAboutR23-002 Cedar Drive Local Improvment District DocuSign Envelope ID:A1 6E151 D-7DAC-4BEC-8BFA-3DAEE2E6FA69 • Commissioner scherr moved adoption of the following Resolution: • BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE STATE OF COLORADO RESOLUTION NO 2023- 002 RESOLUTION ACKNOWLEDGING REIMBURSEMENT OF MONIES ADVANCED BY EAGLE COUNTY TO THE CEDAR DRIVE LOCAL IMPROVEMENT DISTRICT FOR THE PURPOSE OF SATISFYING THE TEN PERCENT (10%) LOCAL MATCH IN SECURING A$1.3 MILLION FEDERAL HAZARD ELIMINATION GRANT FOR IMPROVEMENTS TO CEDAR DRIVE WHEREAS, by Resolution No. 2011-116 the Board of County Commissioners on September 13, 2011, approved formation of a Local Improvement District("LID") pursuant to CRS Section 30-20-601 et. seq. for the purposes of funding the 10 percent local match portion of a $1.3 Million Federal Hazard Elimination Grant(the"Federal Grant") for improvements to a portion of Cedar Drive in Eagle County; providing for payment of planning and legal fees incurred in creating the LID; and providing for maintenance of the portion of Cedar Drive improved by the Federal Grant; and WHEREAS, by Resolution No. 2011-116, the total sum advanced by the County • was $155,000 (representing the $130,000 Local Match, $15,000 for Planning Assistance, and $10,000 for Legal Assistance; and WHEREAS, the members of the LID have made bi-annual payments over a ten-year period to reimburse Eagle County for the $155,000 advancement; and WHEREAS, full reimbursement was made to Eagle County in September 2022; and NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE STATE OF COLORADO: THAT, all conditions of Resolution No 2011-116 have been satisfied; and THAT, Eagle County acknowledges full reimbursement of the monies advanced to the LID, and THAT, the LID will continue to collect assessments from members of the LID and be responsible for maintenance of the portion of Cedar Drive improved by the Federal Grant. THAT, this Resolution is necessary for the public health safety and welfare of the citizenry of the County of Eagle, State of Colorado. Eagle County, CO 202301835 Regina O'Brien 02/14/2023 Pgs: 2 10:59:51 AM REC: $0.00 DOC: $0.00 DocuSign Envelope ID:A16E151D-7DAC-4BEC-8BFA-3DAEE2E6FA69 • MOVED, READ,AND ADOPTED by the Board of County Commissioners of the County of Eagle State of Colorado at its regular meeting held this 3rd day of January 2023. DocuSigned by: COUNTY OF EAGLE, STATE OF `oLoRNo° COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS ATTEST: EDocuSigned by: DocuSigned by: rt out5viuA, By: 17.9 F9D02F240090440... CA4AC128F8AA47A. Clerk to the Board Jeanne McQueeney Chair e—DocuSigned by: 0A4tA4r4thletil tlbAbifl I-E 44U3... Kathy Chandler-Henry Commissioner [ M4fdvvDocuudby: • 81E7B2D718E0173... Matt Scherr Commissioner Commissioner chandler-Henry seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner McQueeney Aye Commissioner Chandler-Henry Aye Commissioner Scherr Aye This resolution passed by 3/° vote of the Board of County Commissioners of the County of Eagle, State of Colorado S