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HomeMy WebLinkAboutR02-154 Ropir Cablevision Release of Assingment • • Commissioner ciirrn.Q moved adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2002- 4 FOR RELEASE OF ASSIGNMENT OF CERTIFICATE OF DEPOSIT FOR ROAD CUT PERMIT NO. 2921 FOR ROPIR CABLEVISION, A DIVISION OF COM -LINK, INC. WHEREAS, on or about November 20, 2000, the Board of County Commissioners of the County of Eagle, State of Colorado ("Board") granted Road Cut Permit No. 2921 to Ropir Cablevision, A Division of Com -Link, Inc.(Subdivider); and WHEREAS, the Subdivider provided collateral in the form of an Assignment of Certificate of Deposit No. 0263283228 issued by Wells Fargo Bank West, N.A. 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 been successfully completed and the Engineering Department recommends full release of the collateral, see Exhibit "A" attached hereto and incorporated herein by reference. 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: THAT, the Board hereby authorizes the full and final release of the collateral and the Assignment of Certificate of Deposit No. 0263283228 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 q , day of October, 2002. • • COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its ATTEST: BOARD OF ; UNTY COMMISSIONERS / ------ ,,, .,..- 2- Co By: _I! ._s I _• A . - a , ` „ )i: 10 fi Clerk to the Bo. d of r oto+ ►oo r . Gallagher County Commissioners • i aft ...7; ,..... By: .1111 �i�,.. Arn M. Menconi Commissioner By: Tom C. tone Commissioner Commissioner ' seconded adoption of the foregoing resolution. The roll having been called, t e vote was as follows: Commissioner Michael C. Gallagher Commissioner Arn M. Menconi Commissioner Tom C. Stone a i i This Resolution passed by 3 - 0 vote of the Board of County Commis- sioners of the County of Eagle, State of Colorado. G: \jks\resolutions\Ropir Cablevision.wpd ' MEMORANDUM G TTO • EAGLE COUNTY ENGINEERIN 202 RPd 11 Ern �. .._ . , I,dTY FY TO: Janice Scofield, Attorney's Office FROM: Jan Platt, Engineer' . g DATE: October 7, 2002 / RE: Assignment of Certificate of Deposit #0263283228 in the amount of $2,000.00 for Ropir Cablevision, Permit to Construct Within the Public Way #2921 The work performed under Permit to Construct Within the Public Way #2921 has been inspected and has successfully completed the two year warranty period. Please prepare the required Resolution for the Board of County Commissioners to authorize rele� ase of the referenced Assignment of Certificate of Deposit. xc: Chrono /file EXHIBIT I