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HomeMy WebLinkAboutR80-46 Gerald Turner Release of CollateralRESOLUTION ;fly THE BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 80-q (o RELEASE OF COLLATERAL - -MINOR SUBDIVISION -- GERALD E. TURNER -- COUNTY OF EAGLE, COLORADO, WHEREAS, Gerald E. Turner, hereinafter referred to as the "Subdivider ", did on October 1, 1979, enter into an Improvements Agreement with the Board of County Commissioners, County of Eagle, State of Colorado, hereinafter referred to as the "Board ". The Subdivider pursuant to said agreement provided collateral by means of a Certificate of Deposit in the amount of two thousand dollars ($2,000.00) issued on the First Bank of Eagle, Eagle, Colorado, to guarantee faithful performance and completion of certain improvements as set forth within said Improvements Agreement, i.e. paving of parking 'ared on subject property located at 54 Beaver Road, Eagle -Vail, County of Eagle, Colorado; and WHEREAS, the Subdivider has fulfilled the terms of said Improvements Agreement and desires to release said certificate of deposit. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners, County of Eagle, State of Colorado: THAT, the Board hereby releases a certain Certificate of Deposit in the amount of two thousand dollars ($2,000.00) issued on the First Bank of Eagle with respect to the minor subdivision located at 54 Beaver Road, Eagle -Vail, County of Eagle, Colorado, and which had been submitted by Gerald E. Turner as a condition of final plat approval of subject minor subdivision. THAT, the release of said certificate of deposit is pursuant to the satisfactory completion of certain improvements as set forth in that certain Improvements Agreement dated October 1, 1979. THAT, the Board hereby finds, determines, and declares that this Resolution is necessary for the public health, safety and welfare of the County of Eagle, Colorado. MOVED, READ AND UNANIMOUSLY ADOPTED at a regular meeting of the Board of County Commissioners, County of Eagle, State of Colorado, held this day of August, 1980. ATTEST: 1'erk of the Bo f ounty Commissioners COUNTY OF EAGLE, STATE OF COLORADO By and through it's BOARD OF COUNTY COMMISSIONERS By: , %9ro 411 Dale Grant, Chairman Dan Wi l l ms ,/^ om oner Keith Troxel, Commissioner