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HomeMy WebLinkAboutR1979-10 Released of Collateral - Benchmark at Beaver Creek Subdivision flO RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO Release of Collateral - Benchmark at Beaver Creek Subdivision WHEREAS, Benchmark at Beaver Creek, a limited partnership, hereinafter referred to as "Benchmark," did on February 26, 1974, convey a Deed of Trust to the Public Trustee of the County of Eagle for the use and benefit of the Board of County Commissioners of the County of Eagle, State of Colorado, hereinafter referred to as the "Board," conveying Section 35, T4S, R82W of the 6th P.M. to guarantee Benchmark's performance pursuant to that certain Subdivision Agreement dated February 26, 1974; said Deed of Trust appearing of record in Book 233 at Page 563 in the property records of the County of Eagle; and WHEREAS, the Benchmark at Beaver Creek Subdivision was incorporated in its entirety into the boundaries of the Town of Avon, Colorado, approximately April, 1978; and WHEREAS, the Board has determined the County of Eagle has no further jurisdiction or responsibility for subdivision public improvements within Benchmark at Beaver Creek Subdivision, the Town of Avon now having jurisdiction over said subdivision; NOW THEREFORE, be it resolved by the Board of County Commissioners of the County of Eagle, State of Colorado that Benchmark at Beaver Creek, a limited partnership, is hereby released from any and all further liability pursuant to that certain Subdivision Agreement dated February 26, 1974, by and between Benchmark and the County of Eagle relating to the Benchmark at Beaver Creek Subdivision and said Agreement is hereby terminated. AND FURTHER, be it resolved that the Public Trustee of the County of Eagle is hereby requested and directed to release that certain Deed of Trust recorded in Book 233 at Page 563 in the property records of the County of Eagle, Colorado, upon the payment by Benchmark of any and all fees for obtaining said release. MOVED, read, and unanimously adopted this 0 ' day of M y, 1979. ATTEST COUNTY OF EAGLE, STATE.OF COLORADO By / BY ITS :OARâ–º OF COUNTY SMMISSIONERS erk of the Board / ,, a Dan , °1 i ams , Chairman