HomeMy WebLinkAboutR00-104 final release of collateral for Mark HarrisonI IIIII rill 11111111111 IIIII 111111 VIII III 11111 VIII
735765 07/31/2000 04:34P 370 Sara Fisher
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Commissioner p i, - moved adoption
of the followi g Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 2000 -�
FINAL RELEASE OF COLLATERAL
AND
TERMINATION OF THE WARRANTY PERIOD
.� FOR
MARK HARRISON
WHEREAS, on or about August 12, 1998, pursuant to C.R.S. §30-
28 -137, the Board of County Commissioners of the County of Eagle,
State of Colorado (Board) granted Permit # 2558 (Permit) to Mark
Harrison (Harrison); and
WHEREAS, in order to guarantee the faithful completion of
certain public improvements required under the Permit, the Board
accepted as collateral an Assignment of Certificate of Deposit No.
303 - 682 -0042 issued by FirstBank of Evergreen, in the amount of
$2,000.00; and
WHEREAS Harrison has represented to the Board, and members of
the County staff have corroborated those representations, that the
improvements have satisfactorily survived the two -year warranty
period "Exhibit A and
WHEREAS, Harrison has applied for a full release of his
collateral;
WHEREAS, based upon the recommendations of the Engineering
Department, the Board finds that the improvements have
satisfactorily survived the two -year warranty period, and the full
release of the Assignment of Certificate of Deposit No. 303 -682-
0042, FirstBank of Evergreen, in the amount of $2,000.00 is
appropriate.
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 collateral as said Assignment of Certificate of Deposit No. 303-
682 - 0042, in the amount of $2,000.00 and the termination of, the
warranty period for Harrison.
THAT, the Board hereby authorizes FirstBank of Evergreen to
release the security represented by the Assignment of the
a
2
i
Certificate of Deposit Number 303- 682 -0042, in the amount of
$2,000.00.
THAT, this document shall be recorded in the Records of the
Eagle County Clerk and Recorder, which shall be evidence that the
warranty period for Harrison has been successfully completed and
that the obligations.under Permit # 2558 are complete.
THAT, the
responsibilities
Permit.
MOVED, READ
of the County of
held the q'c
County will
for those in
AND ADOPTED by
Eagle, Stat
day of e
not be accepting maintenance
,provements associated with this
the Board of County Commissioners
Colorado, at its regular meeting
2000.
COUNTY OF EAGLE, STATE OF
'o <
COLORADO, By and Through Its
ATTEST: BOARD OF COUNTY COMMISSIONERS
erk to th Board of
County Commissioners
By:
Tom C. Stone
Chairman I 1
Commissioner
Commissioner .A.—_ seconded adoption of the
foregoing resolution. e roll having been called, the vote was as
follows:
Commissioner Tom C. Stone
Commissioner Michael L. Gallagher
Commissioner Johnnette Phillips
This Resolution passed by - vote of the Board
of County Commissioners of the County of Eagle, State of Colorado.
# I
nmber ru Release of cd
No file ( I"II( "II( "I"I) I'I' I IIII "I'II'I"I III "II' IIII I"I
735765 07/31/2000 04:34P 370 Sara Fisher
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1
From: Janet Platt
To: Nancy Lewis
Date: 7/3/00 8:59AM
Subject: August tickler
The work under Road Cut Permit #2558 collateralized by CD No. 303 -682 -0042 in the amount of
$2,000.00 for Mark Harrison has been inspected and has successfully completed the 2 year warranty
period. Collateral can be released.
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735765 07/31/2000 04:34P 370 Sara Fisher
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