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HomeMy WebLinkAbout20052673 rat CLERK TO THE BOARD PHONE (970)336-7215, Ext. 4225 FAX: (970)352-0242 wipP. O. BOX 758 C. GREELEY, COLORADO 80632 COLORADO August 2, 2005 John and M. Eleanor Hochmiller do John Hochmiller 19867 Scotch Pine Drive LaSalle, Colorado 80645 RE: Cancellation and release of Collateral - Active Truck and auto Parks, Inc. To Whom It May Concern: Attached hereto please find copies of the Board of County Commissioner's Resolution approving the cancellation and release of collateral, as referenced above. The original Letter of Credit was returned to Bank of Colorado, P. O. Box 228, Fort Lupton, Colorado 80621-0228. If you have questions or need additional information, please do not hesitate to contact me at(970) 356-4000, Extension 4217. Very truly yours, BOARD OF COUNTY COMMISSIONERS By Carol A. Hardi g, Deputy Clerk to the Board 2005-2673 Cda5no-AGaaci oci Lk-(Z 13I I POOH/ CLERK TO THE BOARD PHONE (970) 336-7215, Ext. 4225 ' FAX: (970) 352-0242 P. O. BOX 758 C. GREELEY, COLORADO 80632 COLORADO August 2, 2005 Bank of Colorado P. O. Box 228 Fort Lupton, Colorado 80621-0228 RE: Cancellation and release of Collateral -Active Truck and Auto Parts, Inc. To Whom It May Concern: Attached hereto please find a copy of the Board of County Commissioner's Resolution approving the cancellation and release of collateral, as referenced above. The original Irrevocable Letter of Credit is enclosed. If you have questions or need additional information, please do not hesitate to contact me at (970) 356-4000, Extension 4217. Very truly yours, BOARD OF COUNTY COMMISSIONERS By: Carol A. Harding, Deputy Clerk to the Board -.. Weld County PIanningDept. Bank of Colorado , RECEIVED IRREVOCABLE LETTER OF CREDIT September 27, 2001 CUSTOMER: John E. Hochmiller Living Trust, dated December 28, 1989, as to an undivided 'A interest and M. Eleanor Hochmiller Living Trust, dated December 28, 1989, as to an undivided '/2 interest 806 Cedar Street Hudson, CO 80642 ISSUING FINANCIAL INSTITUTION: Bank of Colorado 1.0 P.O. Box 228 E9i� vyo Fort Lupton, CO 80621iSSIL 0- 0 BENEFICIARY: Board of County Commissioners Ocit• the Attn: Clerk to the Board 1 to aa° P.O. Box 758 ,nst c1et °1°t Greeley, CO 80632Greenhouse Services Foundation 'e\ 0Ip5 O1 12 LETTER OF CREDIT : #86 AMOUNT: $5,000.00 EXPIRATION DATE: September 27, 2002 TO BE AVAILABLE BY DRAFTS DRAWN AT: Bank of Colorado Letter of Credit#86 Dated: September 27, 2001 To Whom It May Concern:, The Issuing Financial Institution hereby issues this Irrevocable Letter of Credit and authorizes the Beneficiary to draw on the Issuing Financial Institution for the account of the Customer for any sum or sums not exceeding in the aggregate the Amount of this credit defined above. Drafts must be accompanied by the following documents: Copy of the Letter of Credit. Drafts drawn under this credit must be clearly marked that they are drawn under the Issuing 605 Fourth Street P.O.Box 228 Fort Lupton,Colorado 80621-0228 (303)857-6651 FAX(303)857-1640 Metro(303)534-2716 Affiliate of Pinnacle Bancorp Financial Institution's Letter of Credit and must show the Date and Number of the Letter of Credit. The Issuing Financial Institution hereby agrees to honor each draft drawn under and in compliance with the terms of this Letter of Credit, if duly presented (together with the documents specified) to the Issuing Financial Institution on or before the close of business on the Expiration Date stated above. Said Letter of Credit shall remain in full force and effect until after the Board has received sixty (60) days written notice from the issuer of the Letter of Credit of the pending expiration. Said notice shall be sent to by certified mail to the Clerk of the Board of County Commissioners. Unless other wise expressly stated, this Letter of Credit is subject to the Uniform Customs and Practice for Documentary Credit (1983 Revision), International Chamber of Commerce Brochure No. 400, and, where not inconsistent therewith, to Article Five of the Uniform Commercial Code of the state of principal office of the Issuing Financial Institution. Unless otherwise expressly stated above, only original documents will be accepted. No reproductions or carbon copies may be substituted for originals. This Letter of Credit is not valid or binding unless signed by two officers of the Issuing Financial Institution. Sincerely, Bank of Colorado ByO544-4Qill Donald Tomoi President-Fort Lupton By: / Je a zke Vice President COLLATERAL RELEASED IN CONJUNCTION WITH OTHER CASES SEE #2005-2091 Hello