HomeMy WebLinkAboutR93-160 extension of SIA for M & H Development - The Reserve1 41 Aer
4 P
F
° Commission r moved adoption
of the follow' q Reso tion:
BOARD OF COUNTY COMMISSIONERS,
COUNTY OF EAGLE, STATE OF COLORADO
GC
RESOLUTION NO. 93-
RESOLUTION AUTHORIZING EXTENSION OF
SUBDIVISION IMPROVEMENTS AGREEMENT
M & H DEVELOPMENT COMPANY
WHEREAS, on or about June 26, 1988,
Commissioners of the County of Eagle,
(hereinafter "the Board "), entered into
Assignment of Subdivision Improvements Agre
The Reserve on the Eagle River Subdivision
& H Development Company, Inc. ( "Subdivider"
and
the Board of County
State of Colorado
an Amendment of and
ement ( "Agreement ") on
( "Subdivision ") with M
) among other parties;
WHEREAS, pursuant to the terms of said Agreement, Subdivider
provided collateral to the Board to guarantee faithful completion
of certain public improvements within The Reserve on the Eagle
River Subdivision, said collateral in the form of a Letter of
Credit in the amount of $136,100.00; and
WHEREAS, Irrevocable Letter of Credit No. 8422745 was amended.
by Resolution 91 -48 accepting certain improvements in the Reserve
on the Eagle River Subdivision and authorizing partial release of
collateral to $111,100.00; and
WHEREAS, by Resolution No. 92 -59, the Board authorized the
partial release of collateral issued by lst Bank of Avon in the
amount of $1,300, reducing the collateral to $109,800; and
WHEREAS, Kevin Lindahl, by letter dated June 12, 1992,
authorized the further reduction of the collateral to the amount of
$100,000.00; and
WHEREAS, by letter from lst Bank of Avon dated June 14, 1992,
the expiration date of Letter of Credit #8422745 was extended to
June 14, 1993;
526083 B -630 P -24 01/14/94 11:17A PG 1 OF 4 REC DOC
Sara J. Fisher Eagle County Clerk & Recorder 0.00
WHEREAS, the Subdivision Improvements Agreement will expire
December 31, 1993; and
WHEREAS, by Resolution No. 93-59, collateral was reduced to
$42,685.00 in the form of Letter of Credit dated June 14, 1993 from
the lst Bank of Avon in the amount of $17,685.00 and a cash deposit
in the amount of $25,000; and
WHEREAS, the Subdivider has requested, and the Department of
Engineering concurs, an extension of the Subdivision Improvements
Agreement for six (6) months or until June 14, 1994. The
expiration date of the Letter of Credit is June 14, 1994.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO:
THAT, based upon the request of the Subdivider and the
recommendations of the Department of Engineering, the Board finds
that an extension of the Subdivision Improvements Agreement until
June 14, 1994 is warranted.
THAT, this Resolution is necessary for the health, safety and
welfare of the County of Eagle, State of Colorado.
MOVED, READ AND ADOPTED by the Board of County Commissioners
of the County of Eagle, State of Colorado, this � day of
December, 1993.
By XIn aC____ 1
Clerk of thd Board o
County Commissioners
COUNTY OF EAGLE, STATE OF COLORADO
By and Through its
BOARD OF COUNTY COMMISSIONERS
Jc(nnette Phillips, Commissidner
526083 B -630 P -24 01/14/94 11:17A PG 2 OF 4
b
Commissioner ha seconded adoption of the
foregoing resolution. The roll ing been called, the vote was as
follows:
Commissioner George A. Gates
Commissioner Johnnette Phillips
Commissioner James E. Johnson, Jr. _ ,
6 --
This Resolution passed by C --a vote of the Board of
County Commissioners of the of Eagle, State of Colorado.
r \m &h.col 82 -331
526083 B -630 P -24
01/14/94 11:17A PG 3
-3-
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526083
M &H Development Company, Inc.
First Bank of Eagle County e Rtaerwaik Professional Building
34215 U.S. Highway 6, Suite 205
Post C,3We Box 1412
A von, CO 61 620
TO: Eagle County Board of Commissioners
FROM; Rob HaAiey. MWI DeVVIUpIi1G IL CUUIpdIly, Ir►c.
DATE: December 13, 1993
RE: The Reserve on the Eagle River
Subdivision Improvements Agreement
Eagle County File #82 -331
Dear Board of Commissioners:
This is a request for an extension of sic months to June 30, 1994 for
the Subdivislun II tpruvtineutts Agrccijit rn , but•weei► M&H
Development Company Inc and the Eagle County Board of
Commissioners regarding The Reserve on the Eagle River.
If you have any questions or need additional information, please
contact me a t 92(5-4344. 'I iai►k you for your cooperation in this
matter.
Sincerely,
Robert A. Haney
M &H Development, Company, Inc.
B -630 P -24
01/14/94 11:17A PG 4 OF 4
EXHIBIT
P02
C"
Commissions moved adoption
of the followi Resolu on:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 93- Ia !_
RESOLUTION ENACTING A
COMMUNITY CORRECTIONS BOARD
FOR THE
FIFTH JUDICIAL DISTRICT
STATE OF COLORADO
WHEREAS, the Board of County Commissioners of Eagle County,
together with the Boards of County Commissioners of Clear Creek,
Lake and Summit Counties, of the State of Colorado, entered into an
agreement to create a Community Corrections Board for the Fifth
Judicial District of the State of Colorado on October 7, 1985; and
WHEREAS, said Agreement was signed by the appropriate
signatories for each Board of County Commissioners; and
WHEREAS, the Agreement provided for the passage of a Resolu-
tion enacting the Board after all of said signatories were
obtained; and
WHEREAS, the Community Corrections Board has existed and has
continuously functioned as such since October 7, 1985, carrying out
its statutory duties pursuant to CRS 17 -27- 101 -113 as amended, and
the Intergovernmental Agreement; and
WHEREAS, the follow -up Resolutions of the respective Boards of
County Commissioners were inadvertently overlooked.
NOW, THEREFORE, BY IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF EAGLE COUNTY:
THAT, there is hereby created a Community Corrections Board
for the Fifth Judicial District of the State of Colorado,
sting of the Counties of Clear Creek, Eagle, Lake and Summit,
retroactively to October 7, 1985.
THAT, the actions of said Board while acting in a De -facto
status are hereby ratified and affirmed to the extent they would
have been authorized by the earlier passage of this Resolution.
0
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 7a , 1993.
rk to tKe - Board of
County Commissioners
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
BOARD OF COUNTY COMMISSIONERS
By:
Georgep -
Gates, Chairman
Commissioner seconded adoption of the
foregoing resol tion. The roll having been called, the vote was as
follows:
Commissioner George A. Gates
Commissioner Johnnette Phillips
Commissioner JamesE.` Johnson, Jr. _
This Resolution passed by C-- 0 vote of the Board of
County Commissioners of the County of Eagle, State of Colorado.
r \comm.cor
*ohnne Phillips, Comidissioner