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HomeMy WebLinkAboutRelease-Declaration of Covenant - recorded copyEagle County, CO 201403954 Teak J Simonton 03/13/2014 Pgs: 5 02:06:45 PM REC: $31.00 DOC: $0.00 AFTER RECORDING RETURN TO: James R. Wear, Esq. Sherman & Howard L.L.C. 37347 Highway 6, STE. 210 PO Drawer 5559 Avon, CO 81620 -5559 RELEASE OF DECLARATION OF COVENANT This RELEASE OF DECLARATION OF COVENANT (this "Release") is made as of MA gt-h 10, 2014 (the "Effective Date ") by the TOWN OF VAIL, a Colorado home rule municipality with a legal address of 75 South Frontage Road, Vail Colorado 81657 (the "Town "). WHEREAS, that certain Declaration of Covenant, recorded on October 6, 1978 at Reception No. 172727 in the Eagle County Clerk and Recorder's Office (the "Covenant "), encumbers the real property located at 100 Vail Road, in Eagle County, Colorado, which is more particularly described as Lot 35, Block 7, Vail Village First Filing (the "Property"). A copy of the Covenant is attached hereto as Exhibit A. WHEREAS, on February 18, 2014, the Vail Town Council (the "Council "), in consideration of the conflict between the Covenant's use restriction and current zoning classifications, zoning procedures, and density concerns, duly made, seconded, and unanimously carried a motion to approve the Property owner's request to remove and vacate the Covenant. NOW, THEREFORE, the Town, being the sole beneficiary of the Covenant, hereby releases, removes, vacates, and terminates the Covenant. From and after the Effective Date, the Covenant shall be null and void and shall have no further force or effect on the Property or otherwise. The Town acknowledges that upon executing this Release, the Town shall have waived the benefits of the Covenant and all rights associated with it. [REMAINDER OF PAGE INTENTIONALL Y LEFT BLANK] [SIGNATURES ON FOLLOWING PAGE] B US_RE /5140034.1 Willi J. Dord, TnMm of the Wfflim I Dor6 Living % = the owner of the Property, hereby AngrMmAO to 1 terms of the Release cif Decalarmion of Covenant and to the nullf ation, val, and v 'on of the CovcnaM IM Qu =� LO l 201403954 MY hand and official teal. asion expires: O-k ' 09 EXHIBIT A Declaration of Covenant (See Attached) 201403954 I - 201403954 rtte ivzegoing fns- Luittenrc was acxnow.Leagea nezore me this %S�' day of May, 1978, by Elizabeth M. Webster. Witness my hand and official seal, M, CATHLEEN WEISS y.,QOmmission expires: 1{GTARY PUBLIC OF NfW JERSEY �' EzpfRS November 6, 1978 STATE OIL COLORADO County of EAGLE sk 1 hereby certify that �t,s Instiiunent tas Pled fa fern*d --n m„ OCT 197 s o _M0 CwkzjV sod nvoidsd i s. 6AF , County *k RwWst .