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HomeMy WebLinkAboutR06-058 - release of assignment of CD for Paul Hields Commissioner moved adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2006- FOR RELEASE OF ASSIGNMENT OF CERTIFICATE OF DEPOSIT FOR ROAD CUT PERMIT NO. 3366 FOR PAUL HIELDS WHEREAS, on or about June 16, 2006 the Board of County Commissioners of the County of Eagle, State of Colorado ("Board") granted Road Cut Permit No. 3366 to Paul Hields (Subdivider); and WHEREAS, the Subdivider provided collateral in the form of Assignment of Certificate of Deposit No.353-683-8782 issued by FirstBank of Avon in the amount of$2,000.00 to guarantee the faithful completion of the construction project; and WHEREAS, both the Subdivider and the Engineering Department state that the work required under the Road Cut Permit has satisfactorily passed the two-year warranty period and the Engineering Department recommends full release of the collateral. WHEREAS, the release of the Assignment of Certificate of Deposit requires termination of the Assignment by written Resolution of the Board of County Commissioners; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THA T, the Board hereby authorizes the full and final release of the collateral and the Assignment of Certificate of Deposit No. 353-683-8782 be terminated and that the same be returned to the Subdivider; MOVED, READ AND ADOPTED by the Board of County Commissioners of the County of Eagle, State of Colorado, at its regular meeting held the liD day of June, 2006. COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its ATTEST: BOARD OF lONERS By: County Commissioners Chairman By: By: Arn com Commissioner Commissioner seconded adoption of the foregoing resolution. The roll having been Commissioner Runyon Commissioner Stone Commissioner Menconi This Resolution passed by vote of the Board of County Commis- sioners of the County of Eagle, State of Colorado.