HomeMy WebLinkAbout9.0 Resolution 84-85STATE_ OF COLORADO `.
County of Garfield
Recorded at.... e : 2Q g c ocl
Reception No.
BOON 649 PA4E3
M. MAY 081984
MILDRED ALSDORF, RECORDER
GARFIELD COUNTY, COLORADO
At a ...... ..... ...X.Qglillar meeting of the Board of County Commissione : for Garfield County, Colorado,
held at the CourtHouse in Glenwood Springs on MOliday , tile 7tb. day of
MAY A. D. 19 84 , there were present:
Larry :Velasquez'
Flaven J. Cerise
Eugene "Jim" Drinkhouse
Earl Rhodes
Mildred. Alsdorf
when the following proceedings, among others were had and done, to -wit:
RESOLUTION NO. .84- 85
Commissioner Chairman
Commissioner
Commissioner
, County Attorney
, Clerk of the Board
RESOLUTION CONCERNED WITH THE ACCEPTANCE OF SUBSTITUTE COLLATERAL
FOR RECLAMATION PURSUANT TO RESOLUTION NO. 82-294
WHEREAS, Garfield County is a legal and political subdivision
of the State of.Colorado for which the Board of Coanty Commissioners
is authorized to act;
WHEREAS, pursuant to Section' 30-28-101, et seq., C.R.S. , as
amended, the Board of County Commissioners has adopted a Zoning
Resolution for the unincorporated areas of Garfield County;
WHEREAS, the Board of County Commissioners has adopted
.Resolution No. 82-294, concerned with the approval ofa special use
permit application by Development Engineering, Inc './Paraho
Development Corporation;
WHEREAS, Resolution No. 82-294 requires that the companies,
above-named,` submit a r,clamation plan and provide for security for
said reclamation activities;
WHEREAS, by letter dated April 11, 1983, the above-named
companies and the Board of County Commissioners entered into an
agreement in regards to the above conditions;
WHEREAS, the above-named companies are now desirous of
substituting.collateral in regards to the security of its'.
obligations in releasing the Insurance Company of North America from
any obligations it may have under the letter dated April 11, 1983;
and entering into a substitute financial warranty agreement with the
Board of County Commissioners; and
,
WHEREAS, the Board of County Commissioners is desirous that
its Resolution be in writing.
NOW, THEREFORE, BE. IT RESOLVED by the Board of County
Commissioners of Garfield County, Colorado, that it hereby accepts
the Assignment of Certificate of Deposit No. 100779794 in the amount
of Twenty -Five Thousand Dollars and No/Cents ($25,000.00) as
collateral for the obligations of Development Engineering,
Inc./Paraho Development Corporation, under condition 7 of Resolution
No. 82-294 and the letter dated April 23, 1984;
FURTHER, the Board hereby agrees that it will not transfer
said secutr_ ., except pursuant ton the .Provisions of the. letter
agreement of April 23, 1984; and
FURTHER,'the Board hereby releases the Insurance Company of
North America from any and all obligations which it may have under
Bond No. K01092078, and hereby represents to the world that it will
make no claim against the Insurance Company of North America under
said Bond.
BOOK
649 ricE3641
Upon motion duly made and seconded, the foregoing Resolution
was adopted by the following vote:
ATTEST:
Clb-e&L
rk of the Board 1
STATE OF COLORADO )
)ss.
County of Garfield ,
Larry Velasquez
Flaven J. Cerise
Eugene "Jim" Drinkhouse
Aye
Aye
Aye
Commissioners
BOARD OF COUNTY COMMISSIONERS
OF GARFIELD COUNTY, COLORADO
By: U1t.�c
Chairman
I, , County Clerk and ex -officio
Clerk of the Board of County Commissioners in and for the County and
State aforesaid, do hereby certify that the annexed and foregoing
Resolution is truly copied from the Records of.the Proceedings of
the Board of County Commissioners for said Garfield County, now in
my office.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed
the seal of said County, at Glenwood Springs, this day
of , A.D. 1984.
County Clerk and ex -officio Clerk of the Board of County .
Commissioners.