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United States v. Ramos

IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF CALIFORNIA - FRESNO


January 8, 2009

UNITED STATES OF AMERICA, PLAINTIFF,
v.
MICHAEL RAMOS, DEFENDANT.

The opinion of the court was delivered by: Honorable Gary S. Austin

STIPULATION TO MODIFY CONDITIONS OF RELEASE AND ORDER THEREON

IT IS HEREBY stipulated by the parties that the conditions of release of Defendant, MICHAEL RAMOS, be modified as follows:

1. Whereas the former court order required that Defendant only to be released on a $40,000 property bond;

2. Whereas the property that is to be used for this purpose does not fully appraise to the required value.

The parties hereby agree that:

The court may exercise its discretion and release the Defendant on a combination of $40,000.00 cash and property bond in any appropriate proportion.

A real property to be used as a collateral to the maximum extent of the appraised property value pursuant to satisfactory evidence provided to the Pretrial Services. The parties believe that the current appraised value is $25,000.

The balance of the bond to be secured by cash in the amount of $15,000.

If the property value falls short of the $25,000 estimated net value or exceeds the said estimated amount, Defendant may supplement or reduce the cash collateral as appropriate as a condition of his release. All prior pre-trial orders remain in full force and effect.

IT IS SO STIPULATED.

KAREN A. ESCOBAR Assistant United States Attorney

H. TY KHARAZI, Attorneys for Defendant Michael Ramos

IT IS SO ORDERED THAT:

Former order issued for the release of Defendant on property bond to be modified as follows:

A real property to be used as a collateral to the maximum extent of the appraised property value pursuant to satisfactory evidence provided to the Pretrial Services in the amount $25,000.

The balance of the bond to be secured by cash in the amount of $15,000. Defendant may supplement or reduce the cash collateral as necessary to arrive at the $40,000 bond amount predicated on the appraised value of the real property that is used as collateral. Defendant may be released upon the said bond being posted.

All prior pre-trial orders remain in full force and effect.

GARY S. AUSTIN, United States Magistrate Judge

20090108

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