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HomeMy WebLinkAboutR80-06 Release of Collateral Randall Guerriero1 RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 80 - (c RELEASE OF COLLATERAL - 1859 Meadow Road, West Vail - Randall Guerriero WHEREAS, Randall Guerriero, hereinafter referred to as the "Subdivider" did on October 3, 1979, submit an irrevocable letter of credit to the Board of County Commissioners, County of Eagle, State of Colorado, hereinafter referred to as the "Board ", in the amount of Five Hundred Dollars ($500.00) issued on the First Bank of Vail, Number 1133, to guarantee the performance and completion of a parking area located at 1859 Meadow Road, Blest Vail, County of Eagle, State of Colorado; and WHEREAS, the Subdivider has fulfilled the terms of the letter of credit i.e. completion of said parking area as per the 'plans submitted to the County and desires the Board to release said letter of credit; NOW, THEREFORE, be it resolved by the Board of County Commissioners, County of Eagle, State of Colorado: THAT, the Board hereby releases a certain letter of credit in the amount of Five Hundred Dollars ($500.00) which had been submitted by Randall Guerriero as a condition of final approval of a minor subdivision located at 1859 Meadow Road, West Vail, County of Eagle, State of Colorado: THAT, the release of said letter of credit is pursuant to the satisfactory com- pletion of a parking area located on said property as per the plans submitted to the County by the Subdivider. THAT, the Board hereby finds, determines and declares that this Resolution is necessary for the public health, safety and welfare in the County of Eagle, State of Colorado. MOVED. READ AND UNANIMOUSLY ADOPTED at a regular meeting of the County Commissioners, County of Eagle, State of Colorado, held this 7th day of January, 1980. , %4 COUNTY OF EAGLE, STATE OF COLORADO By and through it's BOARD OF COUNTY COMMISSIONERS By: ATTEST: Clerk of the _ d of U County Commissioners l � -� Keith Troxel, Commissioner