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Home My WebLink About920923.tiff AR231.315L RESOLUTION RE: APPROVE PARTIAL RELEASE OF PERFORMANCE GUARANTEE FOR WINDSOR SHORES, INC. WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, by Resolution dated November 4, 1991, the Board approved a Performance Agreement and accepted Certificate of Deposit 0065260 in the amount of $3,500.00, as collateral, to comply with the requirements of a Site Specific Development Plan and Special Review Permit for a private recreational facility (boating and camping) in the Agricultural Zone District issued to Windsor Shores, Inc. , c/o Larry B. Eckel, and WHEREAS, said agreement ensured performance of landscape screening around the boat storage area, and WHEREAS, the Planning staff has informed the Board that screening has been satisfactorily completed in accordance with the plan and recommended that the Board partially release said collateral, with collateral or substitute collateral to be accepted and retained for an additional period of one year in the amount of $700.00 to provide guarantee of replanting should any of the trees or shrubs fail to thrive, and WHEREAS, Larry Eckel has submitted, as collateral, Automatically Renewable Certificate of Deposit 039919 drawn on The First National Bank of Longmont, Longmont, Colorado, in the amount of $700.00, with a maturity date of September 24, 1993, and WHEREAS, after review, the Board deems it advisable to release Certificate of Deposit 0065260, in the amount of $3,500.00, and accept Certificate of Deposit 039919, in the amount of $700.00. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the amount of collateral required by Weld County for the Performance Agreement with Windsor Shores, Inc. , be, and hereby is, reduced to $700.00. BE IT FURTHER RESOLVED by the Board that Certificate of Deposit 0065260, in the amount of $3,500.00, presently being held by Weld County, be, and hereby is, released. BE IT FURTHER RESOLVED by the Board that Certificate of Deposit 039919 drawn on The First National Bank of Longmont, Longmont, Colorado, in the amount of $700.00, be, and hereby is, accepted. h 1361 RFC 02313196 12/03/92 16 : 23 $0 .00 1/007 F 0928 MARY ANN FEUERSTEIN CLERK b RECORDER WELD CO, CO PL0837 920923 PLO 837 cc ' I+PPJ n1. , rL ) ree. 6z/3) RE: PARTIAL RELEASE OF COLLATERAL - WINDSOR SHORES, INC. PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 23rd day of September, A.D. , 1992. nn BOARD OF COUNTY COMMISSIONERS ATTEST: �� PdG.% WELD COUNTY, COLORADO Weld County Clerk -yo the Board //� Geeorrge Ken edy, Chairman n BY: iC ./� 1C `ilk'i4.fS'�-��-Q Deputy Clerk,t,a.the Board L Constance L. Harbert, Pro-Tem l �) APPROVED AS 0 FORM4 C. W. Kir.y County Attorney Gordon . acN' W. H. Webster B 1361 REC 02313196 12/03/92 16 : 23 $0 . 00 2/007 F 0929 NARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 920923 *i MMEMORAnDU �, Illik Board of County Commissioners September 23, 1992 Ta ate Lanell Swanson, CurrenerlL COLORADO From (�W" Performance Agreement - W or Shores - USR-943 Subject: On November 4, 1991, the Board of County Commissioners approved a performance agreement with Larry Eckel, Windsor Shores, Inc. , which ensured performance of landscape screening around the boat storage area. The Commissioners accepted a Certificate of Deposit in the amount of $3,500, with the understanding that the applicant may obtain a partial release after October 1, 1992, if the screening has been completed in accordance with the plan. The agreement further provided that collateral or substitute collateral accepted will be retained for an additional period of one year from partial release of the collateral in an amount of $700.00 to provide guarantee of replanting should any of the trees or shrubs fail to thrive. Inspection by, this Department on September 17 , 1992 showed the plantings have been satisfactory completed. The Department of Planning Services' staff recommends release of all but $700.00 of the performance guarantee. E 1361 REC 02313196 12/03/92 16 : 23 $0 .00 3/007 F 0930 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 920923 • • AUTOMATICALLY RENEWABLE CERTIFICATE OF DEPOSIT First National TimLonmo ot nto�mnnllei N° 39919 La Maln ]]658O0 Longmont.Colorado 80501 THIS CERTIFIES THAT THERE HAS BEEN DEPOSITED IN THIS INSTITUTION THE AMOUNT OF ***Seven hundred and no 100fihs --------*** DOLLARS • PAYABLE TO***Tarry B Erkel*** ADDRESS 1754 Winslow Cir T.nnppJJnnnnr Cn R0501- SOC.SEC.OR TAX ID.NO. INTEREST RATE INTEREST PAYABLE DATE OF ISSUE MATURITY DATE AhTOUNT DEPOSITED 505-44-8440 3.60 Waar m] Quarterly 9-24-92 9-24-93 $***700.00*** PAYABLE IN CURRENT FUNDS AT ANY MATURITY DATE UPON PROPER ENDORSEMENT AND SURRENDER OF THIS CERTIFICATE THIS CERTIFICATE SHALL BE AUTOMATICALLY RENEWED FOR ADDITIONAL PERIODS EQUAL TO THE ORIGINAL TERM.UNLESS THE OWNER HEREOF PRESENTS THIS CERTIFICATE FOR PAYMENT ON.OR WITHIN SEVEN DAYS AFTER.ANY MATURITY DATE.OR UNLESS THE INSTITUTION MAILS WRITTEN NOTICE TO THE OWNER.AT THE ABOVE ADDRESS.AT LEAST TEN DAYS PRIOR TO ANY MATURITY.OF THE INSTITUTION'S INTENTION TO REDEEM THIS CERTIFICATE-INTEREST HEREON SHALL BE PAYABLE DURING THE PERIOD OF EACI I SUCH RENEWAL AT THE RATE SPECIFIED IN A NOTICE FROM THE INSTITUTION.OR.IN THE ABSENCE OF ANY SUCH NOTICE.AT THE RATE BEING PAID BY THE INSTITUTION ON TIME CERTIFICATES OF DEPOSIT WITH THE SAME TERM AS THIS CERTIFICATE AS OF THE DATE OF SUCH RENEWAL THIS CERTIFICATE MAY BE REDEEMED IN ADVANCE OF EACH MATURITY DATE ONLY WITH THE CONSENT OF THE INSTITUTION AND ONLY IN ACCORDANCE WITH THE PENALTY FOR EARLY WITHDRAWAL ❑ DEPOSIT INTEREST TO ACCOUNT NO. ❑ MAIL INTEREST CHECK ® ADD INTEREST TO PRINCIPAL "� 's/ �`Y'• AUTHORIZED SIGNATURE WEN — 12 Mo. is TRANSFERABLE ONLY ON THE BOOKS OF,OR WITH PERMISSION OF,T ISSUING INSTITUTION. • B 1361 REC 02313196 12/03/92 16 : 23 $0 .00 4/007 F 0931 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 920923 • . <tc - ir ti t • B 1361 REC 02313196 12/03/92 16: 23 $0 .00 5/007 F 0932 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 920923 • N+EL�E0F ENALTY F• ' "LY WITH "WrLF• ' TIME �EP�SIT -hie. 39919 Doer Depositor We are required by the Financial Institution Regulatory Agencies to furnish the following information on your Time Deposit. 505-44-8440 MATURITY DATE 9-24-93 TAX I.D.NUMBER You have contracted to keep these funds upon deposit until the above due date and tor the full maturity of any subsequent renewals.Under Financial Institution Regulatory Agency regulations, your ceoosit may not be withdrawn prior to maturity date except with our consent which may be given only at the time such a request is made.We will charge a substantial penalty if we grant your reou=-t'or early withdrawal.The size of the penalty we charge depends on the maturity of your time deposit as described below. Stated Maturity of Time Deposit Penalty Less than 3 months 1.00%of principal amount withdrawn 3 months to one(1)year 2.25%of principal amount withdrawn more than one(1)year 3.25%of principal amount withdrawn _'.'.cnally it you make a subsequent early withdrawal within six 161 days of any preceding early withdrawal_an additional penalty of seven(7)days simple interest on the amount withdrawn will ` ;moosed. All of the above penalties will apply only to the amount you withdraw before maturity.These penalties may result in a reduction of principal.Only the following situations will be exceptions to these rules'. We will honor a request for early withdrawal and we will not assess any penalty if any owner of this neposit dies or is judicially declared to be mentally incompetent. If this deposit is in a properly established"IRA"or"Keogh-Plan,we will allow withdrawal within 7 days after establishment with forfeiture of all interest earned at the nominal(simple interest) rate being paid on the deposit. Also,under two other circumstances.Federal Regulations allow early withdrawal without penalty from"IRA"or"Keogh"accounts at our discretion.These are disability(other than mental incompetency)or attainment of age 59'h by the depositor.We will exercise our discretion in considering any request for early withdrawal under either of these circumstances. "Under the penalties of perjury,I certify(t - rumber shown on this form is my correct taxpayer identification number;and(2)that 1 am not subject to backup withholding either because I have not been no'' pit t I em o•k,-'�p with'.(ding as a result of a failure to report all interest or dividends,or the Internal Revenue Service has notified me that lam no longer subject to backup withholdin DATE SIGNATURE SIGNATURE DATE /p1�1 Wa First National � Longmont 10,Meal SI PO 1.3119 776,00 __ .- _ - +rornms R 136] REC 02313196 12/03/92 16 : 23 $0 .00 6/007 F 0933 MARY ANN FEUERSTEIN CLERK S RECORDER WELD CO, CO 920923 • 1 year AUTOMATICALLY RENEWABLE CERTIFICATE OF DEPOSIT 065260 Jhe BYERS STATE gaf>! BYERS,COLORADO 90103 THIS CERTIFIES THAT THECA HAS Q�E.N iDgPO p EQ INITHIS INSTITUTION THE AMOUNT OF S TA T TA .-:,n,• � • DOLLARS PAYABLE TO Larry Eckel ADDRESS 1254 Winslow Cr. Longmont, Co.80501 SOC.SEC.OR TAX ID.NO. INTEREST RATE INTEREST PAYABLE DATE OF ISSUE MATURITY DATE I AMOUNT DEPOSITED 505-44-8440 6.0 % anonym Quarterly 10-29-91 10-29-92 ' $ 3,500.00 PAYABLE IN CURRENT FUNDS AT ANY MATURITY DATE UPON PROPER ENDORSEMENT AND SURRENDER OF THIS CERTIFICATE THIS CERTIFICATE SHALL BE AUTOMATICALLY RENEWED FOR ADDITIONAL PERIODS EQUAL TO THE ORIGINAL TERM,UNLESS THE OWNER HEREOF PRESENTS THIS CERTIFICATE FOR PAYMENT ON.OR WITHIN SEVEN DAYS AFTER.ANY MATURITY DATE.OR UNLESS THE INSTITUTION MAILS WRITTEN NOTICE TO THE OWNER.AT THE ABOVE ADDRESS,AT LEAST TEN DAYS PRIOR TO ANY MATURITY.OF THE INSTITUTIONS INTENTION TO REDEEM THIS CERTIFICATE INTEREST HEREON SHALL BE PAYABLE DURING THE PERIOD OF EACH SUCH RENEWAL AT THE RATE SPECIFIED IN A NOTICE FROM THE INSTITUTION.OR.IN THE ABSENCE OF ANY'SUCH NOTICE.AT THE RATE BEING PAID BY THE INSTITUTION ON TIME CERTIFICATES OF DEPOSIT WITH THE SAME TERM AS THIS CERTIFICATE AS OF THE DATE OF SUCH RENEWAL THIS CERTIFICATE MAY BE REDEEMED IN ADVANCE OF EACH MATURITY DATE ONLY WITH THE CONSENTDF THE INSTITUTION AND ONLY IN ACCORDANCE WITH THE PENALTY FOR EARLY WITHDRAWAL . . '-' ❑ DEPOSIT INTEREST TO ACCOUNT NO. ❑ MAIL INTEREST CHECK ADD INTEREST TO PRINCIPAL � TI AUTHORIZED TORE itQw— . 02C1V3' TRANSFERABLE ONLY ON THE BOOKS OF,OR WITH PERMISSION OF,THE ISSUING INSTITUTION. / / N•TICSleF 'EN ` LTY F• t1 1MTH W`.4 a =F MEr® ?;h�S' [�' 65260 Dear Depositor.We are required by the Financial Institution Regulatory Agenc's to furnish the fallowing information on your Time Deposit. • MATURITY DATE 10-29-92 TAX I.D.NUMBER 505-44-8440 You have contracted to keep these funds upon deposit until the above due date and for the full maturity of any subsequent renewals.Under Financial Institution Regulatory Agency regulations, your deposit may not be withdrawn prior to maturity date except with our consent which may be given only at the time sucn a request is made.We will charge a substantial penalty if we grant your request for early withdrawal.The size of the penalty we charge depends on the maturity of your time deposit aS described below. Slated Maturity of Time Deposit Penalty Up to 6 days 7 days simple interest 7 days to 31 days all interest earned 32 days to one(1)year 20 days simple interest more than one(1)year 90 days simple interest Additionally If you make a subsequent early withdrawal within six(B)days of any preceding early withdrawal,an additional penalty of seven(7)days simple interest on the amount withdrawn will be imposed.In the case of non-personal accounts with astated maturity or notice period of one and one half(1'h)years or more,any withdrawal within the period beginning with the seventh(7th) day of deposit and ending one and one half(1'G)ye r5 after the day of deposit will be charged with a penalty of thirty(30)days simple interest based on the amount withdrawn. All of the above penalties will apply only to the amount you withdraw before maturity.These penalties may result in a reduction of principal.Only the following situations will be exceptions to these rules: pearly p not assess any penalty if any Owner of this deposit dies Cris Judi ally declared to be mentally incomoetent. If this well honor is request for t' s withdrawal"I "o we will If deposit in a properly established"IAA"or"Keogh'Plan.we will allow withdrawal v.Fin 7 days art_r estacl,sameat wErr for'ejture of all interest ar dot the nominal(simple interest) rate being paid on the deposit. Also,under two other circumstances,Federal Regulations allow early withdrawal wi rout penalty fron IRA'or'Haag.n'accounts at our discretion. These are oisabllity lotner than mental incompetency)or attainment of age 59'h by the depositor.We will exercise our discretion in considering any request'or early withdrawal under either of these circumstances. "Under the penalties• perjury,I certi (1)that the number shown on this form is my correct taxpayer identification number:and i21 that I am not subject to backup withholding either because I have not been notified .,I am sub'• to• - o Ing as a result of a failure to report all interest or dividends,or the Internal Revenue Service has notified me that Iam no longer subject to backup wit o'n•:' 1� y SIGNATURE a to • ' , DATE 10-29-91 SIGNATURE DATE % WFS 814(Rev.10188) I 1 Gr y .., V (//`I y\\ v�' F�,1 ' \ rr��y�33�� R 1361 REC 02313196 12/03/92 16 : 23 $0 . 00 7/007 '9�� 3 F 0934 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO �� _,__-CI. Hello