HomeMy WebLinkAbout770621.tiff RESOLUTION
RE: ACCEPTANCE OF MONIES FROM RIVERVIEW SUBDIVISION AS PER
SUBDIVISION REGULATIONS REGARDING PARK FEES AND SUB-
DIVISION IMPROVEMENTS AGREEMENT BOND.
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, pursuant to the Weld County Subdivision Regu-
lations, Chapter 8-15 (A) (3) , before a Final Plat is approved,
subdividers may be required to dedicate, develop and/or reserve
land for parks and/or necessary public purposes, other
than streets and utility easements , and
WHEREAS, in lieu of land, subdividers may be required
to make payment to the County of an amount equal to the market
value of such land as may be designated to be dedicated or re-
served in accordance with the formula contained in Chapter 8-15
(A) (3) of the Subdivision Regulations, and
WHEREAS, Thomas Cowan, Developer of Riverview Subdivision,
having had his Final Plat of said Subdivision approved subject
to the application of Chapter 8-15 (A) (3) , which requires the
dedication of certain acreage for public use and/or to make
payment of an amount equal to the market value of such acreage,
and
WHEREAS, it is further understood that the Developer of
Riverview Subdivision must post a subdivision improvements
agreement bond pursuant to the Subdivision Regulations ,
NOW, THEREFORE, BE IT RESOLVED by the Board of County Com-
missioners that Thomas Cowan, Developer of Riverview Subdivision,
must pay to the County of Weld, the sum of EIGHT HUNDRED AND
FIFTY EIGHT DOLLARS and 00/100 ($858. 00) , the same being the
established market value of land considered necessary and
essential for public purposes according to the calculations set
forth in the attached memorandum.
BE IT FURTHER RESOLVED that the Subdivision Improvements
Agreement Bond has been set at TWENTY THREE THOUSAND FIVE HUNDRED
AND NINETY DOLLARS and 00/100 ($23, 590. 00) , and the Board of
County Commissioners of Weld County, Colorado, does hereby
%w,
approve and accept said bond. 770.521
MO/6Z
BE IT FURTHER RESOLVED by the Board that such monies
received shall be deposited with the Weld County Treasurer in an
escrow account specifically designated to be used in accordance
with Section 8-15 (A) (3) of the Weld County Subdivision Regu-
lations .
The above and foregoing Resolution was , on motion duly made
and seconded, adopted by the following vote on the 12th day of
December, A.D. , 1977.
BOA• i OF COUNTY COMMISSIONERS
W . D OUNTY, COLORARa
^`,� i, rte.
S
We1dC �- CSer �and- Recorder
and Clerk to the Board
BY: � o a .
DepauttCou ty Clerk
A7/yin AS TO FORM:
County Attorney
Date Presented: December 21, 1977
-2-
THE CONTINENTAL INSURANCE COMPANY
SUB-DIVISION BOND
KNOW ALL MEN BY THESE PRESENTS, That THOMAS J. COWAN
o£
As Principal and The
Continental Insurance Company of New York, New York, a New York Corporation as
Surety are held and firmly bound unto Board of County Commissioners
in the penal sum of Twenty-Three Thousand Five
Hundred Ninety and No/100 - DOLLARS ($ 23,590.00
for which payment well and truly to be made and performed, we and each of us do
hereby bind ourselves, our heirs, executors, administrators, successors and assigns,
jointly and severally and firmly by these presents.
WHEREAS, THOMAS J. COWAN , Principal, has made appli-
cation to the County of Weld for a formal plat named
River View Subdivision and
WHEREAS, said plat shows thereon, among other things, a tract or parcel of land
named River View Subdivision
and
WHEREAS, the above bounden Principal as Owner of the aforesaid tract have agreed
to and with the County of Weld to Construct fence, street, landscaping, curb and
gutter
in the said tract of land, at its
own expense, said Improvements
to be completed in a manner acceptable to and approved by the County of Weld.
NOW THEREFORE, the condition of this obligation is such that, if the above plat
is finally approved by the County of Weld and if the said Principal shall in all
things do and perform the Construction of fence. street. ]andscaping. curb
and gutter
in the manner specified and shall fully and faithfully do and perform each and every
matter and thing to be performed by the said Principal according to the terms and
conditions of this bond, and shall comply with all the requirements of the law of
the County of Weld.
Executed this 7th day of December A. D. 1977 at Greeley
Colorado.
THOMAS J. COWAN
• \ <' Jc�
Principal
THE CONTINENTAL INSURANCE COMPANY
.71
te a-=•-
Attorney
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7 73
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The Con...,zental Insurance C ..mpany
80 Maiden Lane, Nevi York, New York 10038
GENERAL POWER OF ATTORNEY
•
Know all men by these Presents, That THE CONTINENTAL INSURANCE COMPANY hat, made,
constituted and appointed,and by these presents does make.constitute and appoint
Norman D. Noe or Ronald H. Gieck or Ronald F. Otto or Gladys L. Conrady
all of Greeley, Colorado, EACH
its true and lawful attorney for it and in its name, place,and stead to execute on behalf of the said Company, as surety.bonds.
undertakings and contracts of suretyship to be given to
all obligees
•
provided that no bond or undertaking or contract of suretyship executed under this authority shall exceed in amount the
sum of one Million ($1,000,000.) Dollars.
This Power of Attorney is granted and is signed and sealed by facsimile under and by the authority of the following Resolu-
tion adopted by the Board of Directors of THE CONTINENTAL INSURANCE COMPANY on the 20th day of February,1975'
RESOLVED.that the Chairman of the Board.the Vice Chairman of the Board. the President an Er cculivo Vice President or a Senior Vice Pres-
ident or a Vice President of the Company- be. and that each or any of them hereby is nuihorited to execute Powers of Attorney oualilymq the after
ney named in the given Power of Attorney to execute in behalf of THE CONT IN[NIAL INSIInANCb COMI`ANY bonds r nderlakings unit all contracts
of suretyship.and that an Assistant Vice President a Secretary or an Assistant Secretary be. and that each or any of them hereby rs milhon:ed to al
test the execution of any such Power of Attorney.and to attach thereto the seal of the Company
FURTHER RESOLVED.that the signatures of such officers and the seal of the Company may be allucd hi any such Power of Attorney of pr any
certificate relating thereto by facsimile.and any such Power of Attorney or certificate bearing such facsimile signatures or facsimile seal shall be valid
and binding upon the Company when so affixed and in the future with respect to any bond undertaking or centr act of suretyship to which ii is attach
ed
In Witness Whereof, THE CONTINENTAL INSURANCE COMPANY has caused its official seal to be hereunto affixed.
and these presents to be signed by one of its Senior Vice Presidents and attested by one of its Assistant Vice Presidents this
22nd day of April, 1975.
THE CONTINENTAL INSURANCE COMPANY
Attest
By
P. prib-rt....-4
Eugene P Dougherty Assistant Vice•Presrdenl R K Ruesch Senior Vice-President
STATE OF NEW YORK,
SS
COUNTY OF NEW YORK,
On this 22nd day of April, 1975, before me personally came R. K. Ruesch, to me known. who being by ire duly sworn,
did depose and say that he resides in New Providence, in the County of Union. State of New Jersey, al 35 Alden Road. That
he is a Senior Vice President of THE CONTINENTAL INSURANCE COMPANY. the corporation described in and which ex-
ecuted the above instrument,that he knows the seal of the said corporation: that the seal affixed to the said instrument is such
corporate seal, that it was so affixed by order of the Board of Directors of said corporation and that he signed his name there-
to by like order. x71,--;00.4,6-1"; Ak.j-xir C III RRERI 1101 I MAN
NOIANY PIIRI IC Style of New York
Nu h7 ISlltli5 Qual of Suffolk County
CERTIFICATE ll Idnl In N Y Co Cn's Othcc
Commh.vpn Expirey March 10. RH
I, the undersigned, an Assistant Secretary of THE CONTINENTAL INSURANCE COMPANY, a New York corporation.
DO HEREBY CERTIFY that the foregoing and attached Power of Attorney remains in full force and has not been revoked,
and furthermore that the Resolution of the Board of Directors. set forth in the said Power of Attorney. is now m force.
Signed and sealed at the City of New York Dated the 7t,i day of December 19 77
- bThka"" 277 2‘c...„,..e.
' N rr James M Keane. stanl Secretary
11 Bond 43150 .:.Ponied in Il S A
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