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HomeMy WebLinkAbout 19-10 Saddleback F3-SA-Recorded4473821 r • 4 1 9 O Carly Koppes, Clerk and Recorder, Weld County, Co RESOLUTION NO. 19-10 A RESOLUTION AUTHORIZING THE APPROPRIATE TOWN OFFICIAL TO SIGN THE ASSIGNMENT OF SUBDIVISION AGREEMENT, SADDLEBACK FILING NO.3 WHEREAS, on October 17, 2018, Sterling Corporation ("Sterling"), a Colorado corporation, entered into a Subdivision Agreement ("Agreement") for Saddleback Filing No. 3 with the Town of Firestone ("Town") and such agreement was recorded in the records of the Clerk and Recorder of Weld County, Colorado at Reception No. 4440397 on October 22, 2018; and WHEREAS, Section 8.4 of the Agreement permits the assignment of the Agreement to other parties upon written approval of the Town; and WHEREAS, Sterling provided advance notice as required in Section 8.4 of the Agreement to the Town of its intent convey lots and tracts in Saddleback Filing No. 3 to Melody Homes, Inc. ("Melody"), and assign the rights and obligations of the Agreement to Melody; and WHEREAS, Sterling and Melody request approval of the Assignment of Subdivision Agreement by the Town; and WHEREAS, the Board of Trustees of the Town of Firestone, Colorado, considered the Assignment of Subdivision Agreement, Saddleback Filing No. 3, attached here to as Exhibit A, on February 13, 2019; and NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO: Section 1. The Board of Trustees of the Town of Firestone hereby approves the Assignment of Subdivision Agreement, Saddleback Filing No. 3, and authorizes the appropriate Town Official to sign and bind the Town to the Agreement. INTRODUCED, READ AND ADOPTED this 13th day of February, 2019. Vanarsdall, Town Clerk 1 Exhibit A Assignment of Subdivision Agreement Saddleback Filing No. 3 G