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HomeMy WebLinkAbout2019-05PROOF OF PUBLICATION STATE OF COLORADO COUNTY OF EAGLE I, Tammy Nagel, Town of Vail Town Clerk, do solemnly swear and affirm that I published in full a true and correct copy of Ordinance No. 5, Series of 2019, First Reading, on the Town of Vail's web site, www.vailciov.com, on the 3rd day of April, 2019. Witness my hand and seal this 3rd day of April, 2019. Tammy Nagel Town Clerk ORDINANCE NO. 5 SERIES 2019 AN ORDINANCE AUTHORIZING THE SALE OF CERTAIN REAL PROPERTY KNOWN AS UNIT 2, VAIL VILLAGE INN PLAZA, PHASE V CONDOMINIUMS, TO STK CAPITAL, LLC FOR $1,547,000 WHEREAS, Section 4.8 of the Vail Town Charter requires that the Town Council authorize the sale of real property by ordinance; and WHEREAS, the Town Council finds and determines that the sale of the real property known as Unit 2, Village Inn Plaza and more particularly described as Unit 2, Vail Village Inn Plaza, Phase V Condominiums (the "Property"), to STK Capital, LLC for $1,547,000, is in the best interest of the public health, safety and welfare. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Section 1. Pursuant to Section 4.8 of the Vail Town Charter, the Town Council hereby authorizes the sale of the Property to STK Capital, LLC for $1,547,000, under the terms of the Purchase and Sale Agreement Counter Offer, dated March 27, 2019, which agreement is hereby ratified by this ordinance. The Town Manager is hereby authorized to sign all documents necessary to complete the sale of the Property, subject to approval of such documents by the Town Attorney. Section 2. If any part, section, subsection, sentence, clause or phrase of this ordinance is for any reason held to be invalid, such decision shall not effect the validity of the remaining portions of this ordinance; and the Town Council hereby declares it would have passed this ordinance, and each part, section, subsection, sentence, clause or phrase thereof, regardless of the fact that any one or more parts, sections, subsections, sentences, clauses or phrases be declared invalid. Section 3. The Town Council hereby finds, determines and declares that this ordinance is necessary and proper for the health, safety and welfare of the Town of Vail and the inhabitants thereof. Section 4. All bylaws, orders, resolutions and ordinances, or parts thereof, inconsistent herewith are repealed to the extent only of such inconsistency. This repealer shall not be construed to revise any bylaw, order, resolution or ordinance, or part thereof, theretofore repealed. 312812019 S:V IOUSING BOARDSWAIL TOWN COUNCILIORDINANCES120191ORDINANCE NO. 5, SERIES OF 2019 VVI PHASE V 04022019.00CX INTRODUCED, READ ON FIRST READING, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL ON FIRST READING this 2d day of April, 2019 and a public hearing for second reading of this Ordinance set for the day of , 2019, in the Council Chambers of the Vail Municipal Building, Vail, Colorado. David Chapin, Mayor ATTEST: Tammy Nagel, Town Clerk READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED this day of , 2019. David Chapin, Mayor ATTEST: Tammy Nagel, Town Clerk 2 3/28/2019 S:IHOUSINGWARDSIVAIL TOWN COUNCILIORDINANCES120191ORDINANCE NO. 5, SERIES OF 2019 VVI PHASE V 04022019. DOCX PROOF OF PUBLICATION STATE OF COLORADO ) COUNTY OF EAGLE ) I, Tammy Nagel, Town of Vail Town Clerk, do solemnly swear and affirm that I published in full a true and correct copy of Ordinance No. 5, Series of 2019, Second Reading, on the Town of Vail's web site, www.vailoov.com, on the 171n day of April, 2019. Witness my hand and seal this 17t`' day of April, 2019. Tammy Nagel Town Clerk ORDINANCE NO. 5 SERIES 2019 AN ORDINANCE AUTHORIZING THE SALE OF CERTAIN REAL PROPERTY KNOWN AS UNIT 2, VAIL VILLAGE INN PLAZA, PHASE V CONDOMINIUMS, TO STK CAPITAL, LLC FOR $1,547,000 WHEREAS, Section 4.8 of the Vail Town Charter requires that the Town Council authorize the sale of real property by ordinance; and WHEREAS, the Town Council finds and determines that the sale of the real property known as Unit 2, Village Inn Plaza and more particularly described as Unit 2, Vail Village Inn Plaza, Phase V Condominiums (the "Property"), to STK Capital, LLC for $1,547,000, is in the best interest of the public health, safety and welfare. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Section 1. Pursuant to Section 4.8 of the Vail Town Charter, the Town Council hereby authorizes the sale of the Property to STK Capital, LLC for $1,547,000, under the terms of the Purchase and Sale Agreement Counter Offer, dated March 27, 2019, which agreement is hereby ratified by this ordinance. The Town Manager is hereby authorized to sign all documents necessary to complete the sale of the Property, subject to approval of such documents by the Town Attorney. Section 2. If any part, section, subsection, sentence, clause or phrase of this ordinance is for any reason held to be invalid, such decision shall not effect the validity of the remaining portions of this ordinance; and the Town Council hereby declares it would have passed this ordinance, and each part, section, subsection, sentence, clause or phrase thereof, regardless of the fact that any one or more parts, sections, subsections, sentences, clauses or phrases be declared invalid. Section 3. The Town Council hereby finds, determines and declares that this ordinance is necessary and proper for the health, safety and welfare of the Town of Vail and the inhabitants thereof. Section 4. All bylaws, orders, resolutions and ordinances, or parts thereof, inconsistent herewith are repealed to the extent only of such inconsistency. This repealer shall not be construed to revise any bylaw, order, resolution or ordinance, or part thereof, theretofore repealed. 1 411112019 S:WOUSINGWARDSfVAIL TOWN COUNCILIORDINANCES120191ORDINANCE NO. 5, SERIES OF 2019 VVI PHASE V SECOND READING 04162019.DOCX INTRODUCED, READ ON FIRST READING, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL ON FIRST READING this 2Id day of April, 2019 and a public hearing for second reading of this Ordinance set for the 161h day of April, 2019, in the Council Chambers of the Vail Municipal Building, Vail, Colorado. David Chapin, Mayor ATTEST: Tammy Nagel, Town Clerk READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED this 161h day of April, 2019. David Chapin, Mayor ATTEST: Tammy Nagel, Town Clerk 2 411112019 S:tHOUSINGZOARDSIVAIL TOWN COUNCILIORDINANCES120191ORDINANCE NO. 5, SERIES OF 2019 VVI PHASE V SECOND READING 04162019.DOCX