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HomeMy WebLinkAbout1980 Resolutions CERTIFIED RECORD OF PROCEEDINGS OF THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO RELATING TO THE CREATION OF THE CAPITAL IMPROVEMENT AND OPEN SPACE FUND .,, ;. STATE OF COLORADO ) COUNTY OF EAGLE ) ss. TO~TN OF VAIL ) The Town Council of the Town of Vail, Colorado, met in regular sF+ssion at the Vail Municipal F3uilding, Vail, Colorado, tk~e regular meeting place thereof, on Tuesday, the 8th day of January, 1980, at the hour of~: 3p .m, The following members of the Town Council, constituting a quorum thereof, were present: Mayor: Rodney E. Slifer Council Members: Paula Palmateer John Donovan Thomas Steinberg Bi11 Wilto Scott Hopman Ro n Todd The following members of the Town Council were absent: ~/m ~tl C The following persons were also present: Town Manager: Richard Caplan Town Director of Finance: William Pyka Town Attorney: Lawrence C. Rider Town Clerk: Colleen Kline Thereupon the following proceedings, among others, were had and -2- . ~. ~ t RESOLUTION N0. ~ ~~'Jc~-rS i~l1~c? A RESOLUTION RELATING TO THE CREATION OF THE CAF.T.TAL IMPRUVEbiENT AND OFTEN SPACE F Ix1T D OF THE TOWN BE TT RESOLVED BY Tf7E TOWN COUNCIL', OF THE TOWN OF VAIL, CO~,ORAi30, THAT: Section ~. Recitals. 1.01 Ordinance No. 11. Pursuant to Ordinance No. lI, Series of 1973 (Ordinance No. 11), of the Town of Vail, Colorado {the Tawny, as amended, the Town has established a sales tax (the Sales Tax) upon the sale of tangible personal property at retail and the furnishing of services within the Town in such percentage as may be set forth in Ordinance No. 11, or any supplements or amendments thereof, from time to time. Section 7 of Ordinance No. 11 provides in part that "so much of the fifty percent of all of the revenues derived from the sales tax as may be necessary from time to time for the acquisition of real estate and also the acquisition, construction and equipping of buildings and facilities, including the amortization of any bonds, shall first be devoted to and specifically earmarked for such purposes and the remainder of the revenues, if there are any from time to time, shall revert to the general fund of the town for the given year only, subject to annual appropriation by the town council." '1.02 Segregation of Sales Tax Revenues. In order to implement Section 7 of Ordinance No. 11, facilitate the earmarking of fifty percent of the revenues derived from the Sales Tax to the acquisition of real estate for the public purposes of the Town and the acquisition, construction and equipping of buildings and facilities for the use and benefit of the residents of the Town {the Capital Portion) and provide for the pledge of the Capital Portion of the .Sales Tax to the payment of the principal of and interest on certain outstanding bonds of the Town, the financial officers and accountants of the~~Town have segregated and accounted for the use of the Capital Portion of the 5a1es Tax on the books and records of the Town, together with certain other revenues of the Town, in a fund separate and distinct from all other funds of the Town entitled the Capital Improvements and Open Space Fund. Section 2. Capital Improvements and Open Space Fund, 2.01 Creation of Fund. In order to further define and specify the source of payment of and security for certain outstanding and future bonds and warrants of the Town, a special fund is hereby -3- ~ ~ ~ created and designated as the "Town of Vail, Colorado, Capital Improvements and Open Space Fund," and the prior creation of this fund by the finance officials and accountants of the Town is hereby ratified and confirmed. The Capital Portiorj of the Sales Tax sha]_I be deposited in the Capital Improvements and Open Space Fund and shall be used and withdrawn only for the purposes set forth in Ordinance No. 11. To the extent that funds other than the Capital Portion of the Sales Tax are deposited to the Capital Improvements and Open Space Fund, such funds shall be held in an account ar accounts within the Capital Improvements and Open Space Fund separate and distinct from that account in which the Capital Portion of the Sales Tax is held (the Sales Tax Account) . 2.02 General Administration of Fund. The Sales Tax Account of Capital Improvement and Open Space Fund shall be maintained in a commercial bank as a book account kept separate and apart from all other accounts or funds of the Town as a trust account solely far the purposes designated in Ordinance No. 11. Such book account shah be continuously secured to the fullest extent required or permitted by the laws of the State of Colorado far the securing of public funds and shall be irrevocable and not withdrawable by anyone for any purpose other than the designated purposes of Ordinance No. ll. Any moneys- in the Capital Improvements and Open Space Fund may be deposited, invested, or reinvested in any manner permitted by law. Securities or obligations purchased as such an investment shall either be subject to redemption at any time at face value by the holder thereof at the option of such holder, or shall mature at sucY~ time or times as shall most nearly coincide with the expected need for moneys from the fund in question. Securities or obligations so purchased as an investment of moneys in the Capital Improvements and Open Space Fund shall be deemed at all times to be a part of that fund. Adopted this ~ day of January, 1980. iii tl~ .~~r~, ~ ~ ~ ~/ ' Town of Vail, Colorado (TOWN) (SEAL) ATT~ST• , ,~.1/Lf ~'~// ~~~C Town Cler Town of Vail, Colorado -4- . ! t~ Council member ~~~~~~ then moved the passage and adoptio~a of Resolution Na. ~ Council r~en~ber l~j/,yyKQ~ seconded the motion, and the riuestinn being upon the passage and adoption of said Resolution, the roll was called with the fallowing rasult: Council members voting "Yes": Mayor Council members: Rodney E. Slifer Paula Palmateer John Donovan Thomas Steinberg Bi11 Wi1to Scott Hopman Ran Todd Council members voting "No": /~ D 7 members of the Council present having voted in favor of the adoption of Resolution No. f the presiding officer thereupon declared said Resolution finally passed and adopted. Thereupon, after consideration of other business to come before the Council, the meeting was adjourned. ,~ ~ , ~ ~ ~'~ ~ ,, (TOr~N) (SEAL) ~, ATTEST: Town Clerk Town o£ Vail, Colorado -- ~ ~~ /~ j ~ ~ , Town of Vail, Calorado _5_ .~, , _. ~: STATE OF COLORADO COUNTY OF EAGLE ivWN OF VAZL } ~ ss. l I, Colleen Kline, the Tr~wn Clerk of the Town of Vail, Eagle County, Color~,~c~c~, :~o hereby certify that the attached copy of Resolution Nc. ~~~, regarding the creation of the Capital Improvements and Open Space Fund, is a true and correct copy; that said Resolution was passed by the Town Council at a regular meeting thereof held at the Vail Municipal Building, the regular meeting place of the Town Council in the Town, on Tuesday, the 8th day of January, 1980; that true copies of said Resolution have been duly executed and authenticated by the signatures of the Mayor of the Town of Vail and myself, as Town Clerk of sand Town, sealed with the seal of the Town, numbered and recorded in the official records of the Town kept for that purpose in my office. I further certify that the foregoing pages constitute a true and correct copy of the proceedings of the Town Council at its regular meeting of January 8, 1980, insofar as said proceedings relate to said Resolution; that said proceedings were duly had and taken; that the meeting was duly held; and that the persons were present at said meeting as therein shown. IN WITNESS WHEREOF, I have hereunto set my hand and the seal of the Town of Vail, Colorado, this ~ day of January, 1980. (TOWN) ~SFAL) ~ , x' _,~ -,, ~ I~ '11j'!. l l l l i„4 ~ i 111. o' ~ ~ ~ Town Clerk Town of Vail, Colorado -6- • • • Ck,~ ~.. ~ _. ~r - RESOLUTION N0. 2 Series of 1980 A RESOLUTION OF THE TOWN COUNCIL, TOWN OF VA IT.., FOR THE I SSU ING OF REVENUE BONDS :©F THE TOWN OF VAIL TO FINANC;'E RESIDENTIAL FACILITIES FOR LOW AND MIDDLE-INCOME FAMILIES OR PERSONS; APPOINTING E.F. HUTTON TO AID THE TOWN WITH SAID BONDS; APPOINTING DAWSON, NAGEL, SHERMAN AND HOWARD AS BOND COUNSEL; AND SETTING FORTH DETAILS RELATING THERETO. WHEREAS, Tawn of Vail, Colorado (the "Issuer") pursuant to Title 29, Article 3 of the Colorado Revised Statutes, 1975, as amended (the "Act"), is authorized to issue revenue bonds to finance single-family residences; and, WHEREAS, the Town of Vail has formulated a program to finance single-family residences and has determined to implement such program through the issuance of single-f amity mortgage revenue bonds (the "Bonds"). The program allows the widest possible participation by financial institutions doing business in the Town of Vail or Eagle County; and, WHEREAS, the Town of Vail wishes to provide for the implementation of such a program and wishes to declare its intention to authorize the issuance of one or more issues of Bonds fox the purpose of paying the cost of such program, upon such terms and conditions as may then be agreed upon ,1~~, the Town of Vail. NOW, THEREFORE, BE IT RESOLVED BY THE VAIL TOWN COUNCIL QF THE TOWN OF VAIL, COLORADO, THAT: Section 1. E.F. Hutton & Company, Inc. ("E.F. Hutton") is hereby authorized and selected to assist the Town of Vail in the implementation of the Town of Vail program to finance single-family residential mortgages to be originated by any financial institution doing business in the Town of Vail .which desires to participate and to be serviced in such manner as the Town of Vail and E.F. Hutton shall reasonably determine. • :. .. Reso7.utzon No. 2 Page 2 Section 2. The Town of Vail does hereby declare its intention to authoz°ize the issuance and sale of the Bonds, in one or more series, in such an amount necessary to pay the cost of financing the single-family residential program presently estimated to be $ construction notes and $ million short--term million long-term financing bonds, upon such terms and conditions as may be mutually agreed upon by the Town of Vail and E,F. Hutton, the issuance and sale of the Bonds to be authorized by resolution or resolutions of the Town Council at the meeting or meetings to be held for such purposes. Section 3. In consideration of E.F. Hutton's services in assisting the Town of Vail in implementing such program, the Town of Vail agrees that the Bonds shall be sold to E.F. Hutton or a group of underwriters represented by E.F. Hutton pursuant to such terms and conditions as shall be negotiated in good faith by the Town of Vail and E.F. Hutton (the sale of the Bonds to E.F. Hutton shall constitute the sole compensation of its services). The Town of Vail shall be under no obligation to use, and shall not use, any of its general funds in connection therewith, and shall not be liable to E,F. Hutton for any expenses incurred in connection therewith. Section 4. The Town of Vail hereby agrees to appoint Dawson, Nagel, Sherman & Howard as Bond Counsel. Section 5. The Mayor is authorized to take all action necessary to carry out the authority conferred by this Resolution and to execute and deliver all documents necessary ~ ~ ~! to carry out that authority or to evidence the exercise thereof. i . ~ .~ ~. _~• ~ Resolution No. 3 Page 3 ~~ection 6. Th.e issuance of tk~te Bonds pursuant to the aforefnentioned pxogram is subject in all respects to the approval by the Town of Vail acting in good faith, of all agree- ments and other documents reasonably necessary to complete such issuance. Section 7. This Resolution shall become effective immediately upon its adoption and approval. INTRODUCED, READ, APPROVED AND ADOPTED, THIS 15th day of January, 1980. J ~ ~,/~ .. .,~ mayor f - ,~~ ATTEST: ~~ / w erk ~ ~ RESOLUTION NO. 3 Series of 1980 A RESOI.,UTION OF THE TOWN COUNCIL DESIGNATING THE PRESIDENT'S BTRTHDAX HOLIDAY WEEKEND ON AN ANNi~1hL BA S I S A S A FIREPLACE SMOKELESS WEEKEND: AND SETTING FORTH DET~°IILS RELATING THERETO. WHEREAS, the air poliutian in the Gore Valley has been increasing this winter season; and WHEREAS, it is the opinion of the Town Council that it would be in the public's interest to encourage limited use of fireplaces during the President's Holiday Weekend; and NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VA IL, COLORADO, THAT: (1) Tb,e Town Council hereby designates the President's Holiday Weekend on an annual basis as a Fireplace Smokeless weekend; (2) All residents and visitors of the Tawn shall be encouraged to refrain from using their fireplaces during that weekend, in order to protect and improve the air quality in the Gore VaI.I.ey . INTRODUCED, READ, APPROVED, AND ADOPTED, THIS 5th day of February, 1980. / .., ~' ?. Mayor ~ ;°` ' ATTEST: -; .- ~ ~ Tawn Clerk a ~• ~~ ,L ,.f riI` }, . , 9~ CERTIFIED RECORD OF PROCEEDINGS OF THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO RELATING TO THE APPROVAL OF THE AMENDMENT OF AN EQUIPMENT LEASE AGREEMENT DATED NOVEMBER 6, 1979 f !~ STATE OF COLORADO ) COUNTY OF EAGLE ) ss. TOWN OF VATL ) The Town Council of fihe Totvn of Vail, Colorado, met in regular session at the Vail M~nir_ipai Building, Vail, Colorado, the regular meeting place thereof, on Tuesday, the ~~ day of ~~.lC~~~, 1980, at the hour of 7:30 p.m,. The following members of the Town Council, constituting a quorum thereof, were present: Mayor: Rodney E. Slifer Council Members: Paula Palmateer John Donovan Thomas Steinberg Bill Wilto ' Scott Hopman Ron Todd The following members of the Town Council were absent: ~~ _~ ~~ The following persons were also present: Town Manager: Richard Caplan Town Clerk: Colleen Kline Thereupon the following proceedings, among others, were had and taken: ~ introduced Council Member ~'~~' ~~~(.!_~•~ ! ~L~L1~~ and moved the approval of the followin~ Resoluti ~: -~. _ ~ _~ .:~ -- 1 - ..4 t t RESOLU'T'ION NO. A RESOLUTION RELATING TO THE AtyiENDMENT OF AN EQUIPMENT LEASE AGREEMENT DATED NOVEMBER 6, 1979 BE IT RESOLVED BY THE TOWN CJUNCIL OF THE TOWN OF VAIL, (',OLORADO, THAT: Section 1. Recitals. 1.01 Resolution No. 26, Series of 1979, Pursuant to Resolution No. 26, Series of 1979 (Resolution No. 26} of the Town Council of the Town of Vail, Colorado (the Tawn) adopted November 6, 1979, the Town Council approved a refinancing and lease arrange- ment between Colorado National Leasing, Tnc. of Denver, Colorado and the Town relating to ten Model T-30 City Cruiser Coaches and a Data General Computer System as described in a memorandum attached to Resolution No. 26 and marked as Exhibit A. The Town Manager was authorized, by Resolution Na. 26, to execute far and on behalf of the Town all documents necessary to complete the arrangement approved in Resolution No. 26. 1.02 Equipment Lease Agreement. Pursuant to the authority granted by Resolution No. 26 the Town Manager executed for and on behalf of the Town an Equipment Lease Agreement (the Lease) dated November 6, 1979, with Colorado National Leasing, Inc., a copy of which is on file in the records of the Town with the Town Clerk. 1.03 Amendment of Lease. Upon the request of the Finance Director of the Town the Lease was amended with respect to the source of funds for repayment of the Lease. Such amendments are 4=~~~~~' set forth in a letter dated February 1, 1980 (the February 1, 1980, n.f> '"'-~ letter}, from W. W. Wehner, President of Colorado National Leasing, :_~. "``~'4~~~`s ' Inc. to Bill Pyka, the Finance Director of the Town, a copy of which February 1, 1980 letter is attached to this resolution as Exhibit A. Pursuant to the authority granted to the Town Manager by Resolution No. 26, the Town Manager, by Consent Certificate dated February 21, 1980 (the Consent Certificate), agreed, accepted and consented to the modifications and amendments to the Lease as set - 2 - F t forth in the February 1, 1984, letter, which certificate is attached hereto as Exhibit B. Section 2. Approval of Amendment and Prior Action. The Town Council hereby agrees, accepts and consents to the n:odifications and amendments to the Lease as set fartt~ in the February 1, 1984, letter and hereby approves, ratifies and confirms the action of the Town Manager as represented in the Consent Certificate. Section 3. Instructions to Town Clerk. T,he Town Clerk is hereby directed to forward a certified copy or copies of this resolution to the following: a. DeMuth, Kemp & Backus Denver, Colorado b. Colorado National Leasing, Tnc. Denver, Colorado c. Hanifen, zmhoff & Samford DenverJr'Colorado Adopted this / d day of ~~ C~~~ ~-9 8fl Mayor l V Town of Vail, Colorado (Town) (Seal) ATTEST: ~~ / Town Clerk Town of Vail, Colorado :~~~ - 3 - `~~11'rI / EXH IBTT A CNB ~'~ 1 COL~RADC~ NATIONAL LEASING, INC. l~ll~~~~11\~~ COLORADO XATIRNAL BANK BUILDING . P.Q_ ~aX 5691 . DENV.~R, CO.80117.1.~D3} 17t-s13D February 1, 19$0 Mr. Bill Pyka Town Manager Tawn of Vail Vail, Calarado 81657 Re: Equipment Lease Agreement dated rlavember 6, 1979 Dear Bill; Yau have requested that we modify the above referenced agreement with respect to the source of funds far repayment of the lease and yoi~ have supplied the language to accomplish this. This request is pursuant to advice you received from your,band counsel. On the first page of the lease in paragraph "A", line 6, the phrase "Open Space and Capital Improvements Fund heretofore created and established and be payable solely Exam current revenues from the tax levy heretofore established in connection with said Fund;" is deleted and in its place is substituted the phrase "general revenues of the Town of Vail payable from current general revenue s of the various tax levies heretafore established;". 'On page 2 of the lease, paragraph 3, line 5, the phrase "Open Space and Capital Improvements Fund of" is deleted and in its place is substituted the phrase "the general revenues of the Tawn of l~ai1 payable from current general revenues of the various tax levies heretofore established by Lessee" Bill, this should produce the desired effect. Please sign and return to me a copy of this letter for our files. T~i~ ~S T4 CERT~i Y T~~iT T~~S ~S ~ T~~~~ ~~~~ E~:r,~:T C~~ Y ~~= T~~E G~:~r:l-'~,~ 'V ~i`Yi 8y , / y ,, - 4 - • • • Very truly yflu~s ~ ~~~. W.lV.Wehner President Read, Agreed and Accepted, Town~of V i1, Colora~ by ' // ~~~ ~ ' ~ ..-f~ /I'-' G c-~ -' Y ~TZt~e Date ~~~/~~ ~ T:~ .... ~.. ~~.. fa .. ti: ~ ~~ ~y ~ ~ _5_ .~ '~ -. . .~ ,• ~IBIT B . STATE OF COLORADO COUNTY OF EAGLE TOWN OF VA.IL ) } } ss, CONSI~NT CERTIFICATE I, Rictyard Caplan, the Town Manager of the Town of Vail, Colorado (the Town) do hereby certify that; {i} I have read the attached letter dated February 1, 1980 (the February 1, 1980, letter}, from W. W. Wehner, President of Colorado National Leasing, Inc. of Denver. Colorado, to sill Pyka, the Finance Director of the Town; (ii} pursuant to Resolution No. 26, Series of 1979, of the Town Council of the Town, adopted November 6, 1979, a copy of which is attached hereto, I was authorized to execute far and on behalf of the Town all documents necessary to complete a refinancing and lease arrangement with Colorado National Leasing, Inc. relating to ten Model T-30 City Cruiser Coaches and a Data General Computer System; {iii} in accordance with the authority set forth in Resolution No. 26, Series of 1979, I did execute on behalf of the Town an Equipment Lease Agreement (the Lease), dated November 6, 1979, with Colorado National Leasing, Inc. a copy of which is attached hereto and which Lease is referenced in the February 1, 1980, letter; and (iv} in accordance with the authority Set forth in Resolution No. 26, Series of 1979, I hereby agree, accept and consent to the modifications and amendments to the Lease as set forth in the February 1, 1980, letter. IN WITNE55 WHEREOF I have hereunto set my hand this p~/3t day of February, 1980. TOWN OF VAIL Richard Caplan ~~ Town Manager 6 - J/, ~~ , Council Member f~t/G(_~ ~~~~•~~~ then moved the passage and adoption of Resolution No. ~ Council Member ~~] ~,~Jj/'o''c. G seconded the motion, and the quesf.ion being upon the passage an a;~c;ptior~ cif said resolution, the roll was called with the following result: Council Members voting "Yes": Mayor: Rodney E. Slifer Council Members: Paula Palmateer John Donovan Thomas Steinberg Bill Wilto Scott Hopman Ron Todd Council Members voting "No": members of the Council present having voted in favor of the adoption of Resolution No. `~ , the presiding officer thereupon declared said resolution finally passed and adopted. Thereupon, after consideration of other business to come before the Council, the meeting was adjourned. _.. ~ ~. Ma oJ~ .~ Y U (Town} Town of Vail, Colorado ' (Seal) ATTEST: Town Clerk Town of Vail, Colorado - 7 - ~~.•~ r ~ • ~- STA',! E OF COLORADO ) ) COUNTY OF EAGLE ) s5. TCiwN OF VAI L } . I, Colleen Kline, the Town Clerk of the Town of Vail, Eagle County, Colorado, do hereby certify that the attached copy of Resolution No. ~, regarding the approval of the amendment. of an Equipment Lease Agreement dated November 6, 1979, is a true and correct copy; that said resolution was passed by the Town Council at a regular meeting thereof held at the Vail Municipal Building, the regular meeting /p/l~a,~ce of the Town Council in the Town, on Tuesday, the `~ day of ~%~~;~u~~~, 1980; that true copies of said resolution have been duly executed and authenticated by the signatures of the Mayor of the Town of Vail and myself, as Town Clerk of said Town, sealed with the seal of the Town, numbered and recorded in the official records of the Town kept for that purpose in my office. I further certify that the foregoing pages constitute a true and correct copy of the proceedings of the Town Council at its regular meeting of ~ ~ ~~ 1980, insofar as said proceedings relate to said resolution; that said proceedings were duly had and taken; that the meeting was duly held; and that the persons were present at said meeting as therein shown. IN WITNESS WHEREOF, I have hereunto set my hand and the seal of the Town of Vail, Colorado, this 'j ~ day of ~~ ~> , 1980. ~ ~ Town Clerk Town of Vail, Colorado - 8 - ~~ ~ • i •, .. g _ .. C ~~~ ~ #s C E R T I F I E D R E C O R D of proceedings of THE TOWN COUNCIL OF THE TOWN OF VAIL EAGLE COUNTY, COLORADO relating to the the substitution of United States Government Securities in an Escrow Account with the.Colorado National - Bank of Denver, Denver, Colorado, in connection with the refunding of the Town's GENERAL OBLIGATION BONDS, SERIES MARCH ~, 1974 and GENERAL OBLIGATION BONDS, SERIES DECEMBER 1, 1975 4 ' + . • • STATE Off' COLORADO ) } COJNTY OF EAGLE y ss. TOWN OF' VAIL ) The Town Coundil of the 'own of Vail, Colorado, rr~et in special session, in full conformity with law and the ordinances and rules of the Town at the Municipal Building in said Town, being the regular meeting place of the Council, on Wed. , the 12 day of March, 1980, at 5:00 o'clock, P.M. There were present and answering at roll call: I~Sayor: ~ Rodney E. Slifer Mayor Pro Tem: John Donovan Councilmen: Scott Hopman Bill Wilto Dr. Thomas Steinberg Paula Palmateer Ronald Todd Also present: Town Manager: Richard Caplan Tvwn Clerk: Colleen Kline Absent : ~~-- L(.;~~'~~- L~ ~ ! t; - Ill ~ ~ ~G,~:~~, lA~~f~ Thereupon, Councilman ,~~:,.4 J , `J~~~l.~,f;~introduced and there was read in full the fallo~ing Resolution: ~, . • • ~~~ ~ ~y ~ ~ RESOL ~tON NO. Serles O~ 19$0 A RESOLUTION AUTE~ORIZING THE SUBSTITUTION OF GOVERNMENT~~ SECURITIES HELD IN THE COLORADQ NATIONAL BANK C)T' DENIER, DENVER, COLORADO, DEPOSITED IN AN ESCROW ACCOUNT PURSUFNT TO AN ESCROW At7REEMENT AET6VEEN THE TOWN OF VAIL AND T~iE BF'~P1K IN CONNECTION WITH AN ADVANCED REFU?~iDING Off' THE TOWN' S GFr3ERAL OBLIGATION BOrrDS, SERIES MAF,CH 1 , 1974, DATED MARCH 1 A 197~~ AND ITS GENERAL OBLIGATION BONDS, SERIES DECEMBE~t. ~, 1975 DATED DECEMBER 1, 1975; AUTHORIZING THE SUBSTITU~.~'ION OF UNITE~7 STATES GOVERNMENT SECURITIES IN SAID ESCROW ACCOUNT Ai~D PROVIDING OTHER DETAILS IN CONNECTSON THEREWITH. WHEREAS, the Town of Vail in the County of Eagle and and State of Colorado, ("Town"), is a political subdivision of the State, a body corporate and politic, and a home-rule Town pursuant to Article XX of the State Constitution, and Article 2 of Title 31, C.R.S. 1973, as amended; and WHEREAS, by final amended Ordinance No. 26, Series 1976, adopted on September 7, 1975, the Town authorized the issuance of its General Obligation Refunding Bonds in the principal amouint of $fi,345,000 dated November 1, 197b, and WHEREAS, the proceeds of said refunding bonds less certain sums representing expenses plus certain cash were used to purchase United States government obligations which were listed in Schedules I and II of the Escrow Agreement with the Colorado National Bank of .Denver, Denver, Colorado, ~"Bonds") dated November 1, 1976, sufficient to pay the principal and interest on the bonds to be refunded; and WHEREAS, because of market conditions the United States Government securities now on hand in the Escrow Account may be sold and other suitable higher interest-bearing United States Government securities substituted therefor thus allowing the Town to realize substantial gain in interest earned by the substitute securities in the Escrow Account; and _2_ ~ 4 • { 6di~E~2EAS, the pr~ ~t Federal Regu;.ati.ons dc~ ~t prohibit.suclf an sut~stitution; and W~iEF~E~S, the x`awn Council determines it necessary and adviseable to ame~id the escrow agreement Gated November 1, '~ 976 by the sut~stitut~i.on of the United States Govern3-nent Securities listed ?.z- ~,ch~:F~ule A hereto attached and made a part hereof. NOT~T, THEREFORE, BE IT RE50LVED; Section 1. That Section 1 the escrow agreement dated November 1, 1976, between the Town of Vail, Eagle County, Colorado, and _G,a,lorado National Bank of Denver., Denver, Colorado, be and the same is hereby amended to per7it the substitution of the united States Government Securities listed in Schedule A attached hereto ancl_made a part hereof for the securities listed in Schedules I and II of the Escrow Agreement, such substitution may be made regardless of whether the securities are designated in the Escrow Agreement as bea.ng a part of the Portfolio A Account or the Portfolio B Account. Section 2. That the officers of the Town are authorized to contract with the Bank for the substitution of the Securities and are further authorized to take all actions which will enable the Town and the Bank to accompl~.sh the purposes o£ this Resolution. Section 3. That the fees of the financial adviser, H.I.S., Inc and Dain Boswort~i,~Inc., and-other associated cots for ., assisting the Town in purchasing the substitute securities and -~. ~ re-~computing the Escrow Account and its services in connection ~: therewith are found to be reasonable and proper and are apportioned J nci.t....~o exceed $138,.750 0~ .th.e.~ma.jor portion and $.~6~250 0~ ,the minor portion. Section 4. That if any one or more section or part •~ of this Resolution shall be adjudged unenforceable or invalid, such judgment shall not affect, impair, or. invalidate the remaining provisions of this Resolution, it being the intention • that the various provisions hereof are severable. ., -~ 3 -~ . ~ ,~ectian 5. All Resol~itions or par-i-.s therefjE a.n con.f.lict with this Resolution a~:e hereby repealed. AUOPTE~} AND APPROVED this ~2 day of March, 1980. /. S ./ Marro r ( S E .A L ) . ATTEST: Tow~i C1Erk Thereupon, it was moved by Councilman .~L~.~' ~y~c~'~ ~~ and seconded by Councilman ~~~~ ~~~ that the above Resolution be Placed on its final. passage and that all rules of the Council. which might prevent, unless suspended, the f~.nal passage and adoption of Resolution No. ,~, Series 1980, at this meetzng be and the same are hereby suspended. The question being upon the adoption of the motion and the Suspension of the rules the role was called with the following results: Those voting YES: Mayor: Rodney E. Slifer ' Councilmen: John Donovan Scott Hopman Bill. TrTilto Dr. Thomas Steinberg Paula Palmateer Ronald Todd . Those voting NO: ~} (~-~.,~ -~ .~~_ • • • Thf~ pres~.ding of~ :r thereupon declared that majority of the memE~er~hip of the entire Counci3, hava.ng voted in favor thereof, the said motion F~as ~~arried and t~ne sa~.d resolution No. 5 Series of 1934, dul~° passed and adopted. After taking up other business to come before the Council, the meeting was thereupon adjourned, RESOLIITION APPROVED AND ADOPTED this ,1.`~~ day of March, 1980. ~- Mayor (/ (S E A L) ATTEST; ~~~' // ~~ ~~ V( G ~~ Town Clerk _S_ • • S'1~T,ti`1'F OF GOLUg2AD0 ) CGUNTY OF FAGLE ) ss. } Tt~'F~l OF MAIL ) • 1, Colleen Kline, Town Clerk of the Town of Vail, Co]o~:ado, do hereby certify that the foregoing pages numbered 1 to 5, inclusive, constitute a true and correct copy of the record of proceedings of the Town Council of the Town of Vail, Colorado, taken at a special meeting of the Town Council held on ~l~G'( , the ~z--day of March, 19$0, insofar as said proceedings relate to the final passage and adoption of Resolution No. S , Series of 1980; and said original Resolution No. ,~ Series of 1980, has been duly authenticated by the signatures of the P~ayor, as presiding officer of the Council, and myse-lf, as Town Clerk of the Town. ZN WITNESS WHFR~OF, T have hereunto set my hand and affixed the seal of the Town, at Vail; Colorado, this /~~ day of March, 1980. !~ / /~ G~~G~~ ~~!~ ~~~ Town Clerk -6- . ~ ~ Han~n,Imhoff & Sanford, Inc. 624 Seventeenth Street Denver, Colorado 80202 (303) 534-0221 March 12, 19$0 Mr. Rich Caplan, Town Manager Town of Vail 75 S. Frontage Road West P. D. Box 100 Vail, Colorado 81657 Dear Rich: • ~~ S~ C xawn. was iw nnnP emrw gyn. Members Now Ycrk Sfnck Exchange, Inc. American Slock Exchange, Inc. (Associate) MEtlwesl Stack Exchange. Inc. It has been brought to our attention that your presently outstanding escrow, funded from the $6,345,000 General Obligation Refunding Bond Issue of November, 1976, can be replaced to effect a significant savings to the Town., By this agreement, we are proposing to serve as financial advisor to replace the state and local government securities presently existing with new higher yielding open market treasury securities. After ~~ issuing expenses have been paid, the savings available to the ~3 Town at Closing will be a minimum of ~~o~ ~ ~~ ~'~ o.~.v{S `1tSt ,~ i By this agreement, Hanifen, Imhoff & Samford, Inc. and Dain ~aQ: f14 ~ f Bosworth, Inc., (investment banking firms) are given the -~- exclusive right to restructure the existing escrow. The Town ' agrees to purchase the new treasury securities to be placed in the escrow from the investment banking firms. Any open market risk in the purchase of these treasury securities will be barn by the investment banking firms until the closing date of this escrow replacement. It is agreed that the investment banking firms will retain, on your behalf, recognized municipal bond attorneys, whose opinion shall accompany the restructured escrow. The investment banking firms shall also retain a nationally recognized firm of public accountants to verify the sufficiency of the new treasury escrow to pay principal and interest on the refunded bonds. The investment bankers will pay all related issuing costs of this escrow replacement to include bond attorney, certification, and all other costs relative to the restructuring of the Towns escrow. Denver • Glenwood Springs ~ Greeley • Fort Collins, Colorado Wichita, Kansas • Little Rock, Arkansas ^_J .. ~ Hanz~n. ~aho~`'& Samf~id, Inc. • • _..~ ` It is understood that the investment bankers will. be acting aS principal on their own behalf in the purchase and sale of treasury securities to the Town, and fully expect to realize a profit of approximately $150,000 after payment of expenses incidental to the transaction. In the event that the savings to the Town hereabove described cannot be attained, ar that the opinion of the tax counsel and the certified public accountants hereabove described are not rendered on or before the closing of this transaction, then both the invest- ment bankers and the Town shall be released from their obligations described in this letter of agreement provided, however, that the investment bankers shall remain liable for all reasonable expenses incurred in the pursuit of this transaction. Acceptance of this proposal shall be indicated by the investment bankers and the Town by the signatures of the appropriate parties in the spaces provided below. Respectfully submittdd, and HANI I OF MFORD, INC. Thomas R. Bishop DAIN BOSWORTH, INC. .u~ l!~ r ~ ~~ ~. L~ Blake Lynch TRB/ka ACCEPTED for and on behalf -, this va ~~ day of ~/~;,:.~~ ATTE uT of the Town of Vail, Colorado , 1.9$0. .~~~ ,~ ` Town Manager f ~ /~~ Town Clerk r ~~ • TO~YN OF j'~-~,, COLORADO 1976 GO REF,7NG BOND ISSUE PROPOSED ESCRO~Y SEC~iRiTIES REPLACEMENTS Securities to be Redeemed from Escrow* Maturity Type Yield 11-30-95 SLG's 7.73% 11-30-94 SLG's 7.71,% 11-30-93 SLG's 7.70% 11-30-92 SLG's 7.68% 11-30-91 SLG' s 7.6?% Total SLG~s to be Redeemed Estimated Redemption Penalty Accrued Interest from 11/30 to 3/20 Total Source of Funds Far Amount $ 90,000 670,000 490, 000 455,000 150,000 $X,855,000 E 51,271} 38.465 $1,842,194 *The exact amount and maturity of securities to be redeemed is subject to market conditions and cash flow considerations at the approximate time of closing. Securities to be Purchased and Placed in Escrow Estimated Par Cost With Maturity Type Coupon Yield Amount Accrued Interest 02-15-95 Open Market 1.0 1 / 2% 12.4% $ 90 , 000 $ 81,1.60 OS-15-94 Open Market 8 3/4% 12.5% 660 , 000 5X0 ,1.40 OS-15-93 Open Market $ 5/8% 12.5% 480,000 368,740 OS-15-92 Openhiarket 7 1l4% 12.1% 445,000 315,320 Total Estimated Cast o f Purch ased Securities $1,275,360 Total Issuing Expenses 185,000 Net Savings to Town at Closing $ 381,834 *The exact par amount and maturity of securities to be purchased is subject to market conditions and cash flow conditions at the approximate time of closing. °'' ,~ .~ w • • • • • ~ •. ... I~ , TOWN OF VAIL, COLORADO 1976 GO REFUNDING BOND ISSUE PROPOSED ESCROW SECURITIES REPLACEbLEI~'TS Allocation of Issuing Expenses Major Minor S[•~uv-~ Item Portion Portion Total ~-~ Bond Attorney $ .13,500 $ x,500 $ 18,000.: CPA Verification 7,500 2,500 10,000 ~ Computer Expense 3,000 1,000 4,000 Trustee Fee 2,250 750 3,000 Subtotal Direct Expenses $ 26,250 $ 8,750 $ 35,000 ~' Financial Advisory Fees: Hanifen, Imhoff & Samford, Inc. Dain Bosworth, Inc. Coughlin & Company 37,5ao 37,500 37,500 12 , Sao 12,500 12,500 5o,ooa 50,000 50,000 Total Expenses c_ ~ :~ ;v _ ~~ L ~ ~1 ~ `1~ .~ ti i ~ ~ ,,~ $138,750 $46,250 $185,000 ~I ~r v ~ ' ~' ,`~} ~1 ~\ ~y 11 ky '~.I'ur6~ ~}~ ~ ~y l', ~~ ~r ~} O X 1 0 4 • V~ I ~, c a 1 o r a d o 8 1 6 5 7 • 3 El 3 4 7 6 5& '! 3 March 28, 1980- c U. S. Treasury Bureau of the Public Debt Divisa_on of Security Operations Washi~zgton, D. C. 20226 Attention: P~ax1 Hughes Re: Authorization of Town of Vail t Finance Director nca>^ Ms . I~ughes : This is to inform you that Stanley ~' ~ Bernstein .is no _~ longea^ the F~.n~~.nce Director for the Town of 'Vail. `z`l~e curr_c}~t f.~.~~ance dirc'cto,r is L~l~_1,'l~~a~-~ Pyka, w~io is authorized to request the redemption o~ State and ~~oca1 Government Series Securities ~'ox the Town. Sinc~.rely, Colleen M. Kline Town Clerk Si~~nature Certificate :_~- ~ ~ a~ William Pyka ' ~` ` Finance Director - Town o~ Vail State of Colorado Coun ~y of Fagle ~ ss Subscribed and sworn to befoare me this 28th day ofsMarch,1980 (seal.) ~~':i~...~. ~~tf~'~ My Commission expires. Notary Public f,~y Comr~~~s~aa exr~ires Se t. ~,1~~ •,_., ,~ .. ,STATE OF COLORADO COUNTY OF EAGLE TOWN OF VAIL ,~ ~ . SS. ,~y r~+~ V"" ,, ~`~ ~x~ '~ The Town Council of the Town of Vail, Colorado, met in regular session at the Town Hall, Vail, Colorado, on Tuesday, March 18, 1980, at 'J°~ p.m. There were present at said meet- ing the following: Present: Mayor: Rodney L. Slifer Other Council Members: John F. Donovan Absent: constituting all the members thereof. There were also present: Town Clerk: Town Attorneys Paula Palmateer Scott Hopman E.- William Wilto Dr. Thomas Z. Steinberg RY~~r~:~~ar ~~Cx~d Colleen Kline Lawrence C. Rider Mayor Slifer introduced the following resolution, which is as follows: • • • • RESOLUTION NO. ~i, SERIES 1980 WHEREAS, it is the determination of the Town Council. of the Town of Vail, Colorado {the "Town") , that an amendment is required to the definition of "Maximum Resale Price" as established by Resolution No. 19, Series 1979, adopted on July 31, 1.979, in order to more nearly carry out the Town's purpose of restricting the resale price of units contained in an Approved Project (as defined in said Resolu- tion 19, Series 1979). NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COiJNCIL OF THE TOWN OF VAIL, COLORADO: Section 1. Section 7. (a) of Resolution 19, Series 1979, is hereby repealed, and the following Section 7. (a) is enacted and substituted in its place: (a} In the event an owner shall desire to sell his financed residential unit, he shall notify the Town Clerk of the Town, or such other person .as designated by the Town Council of the Town {"Town Council") in writing of his inten~ Lion to sell his financed residential unit, and shall deposit with the Town Clerk the sum of .$300. The Town Clerk shall immediately notify the Town Council of such intent to sel•1 and the Town Council or other entity ar commission created by the Town Council shall have thirty (30) days in which to purchase the financed residential unit at the Maximum. Resale Price as hereinafter defined. If the Town Council or other entity or Commission created by the Tawn Council desires to exercise its option to purchase, it shall da so by notifying the owner in writing of its intention to purchase such unit within the -2- " _~,~ • • • ~ ~ 30-day period, and shall thereafter proceed to close such transaction within fifteen days after the exercise of such option. If the Town Council or other entity or Commission created by the Town Council does not desire to purchase the financed residential unit or takes no action within the thirty (30) day period, or if such transaction does not close within fifteen days after the exercise of such option, through no fault of the seller, then the Town Clerk shall immediately advertise the financed residential unit for sale~for four {4} consecutive weeks in a newspaper located in the Town. Such sale shall be by competitive bid submitted by "Qualified.Pur- chasers" as hereinafter. defined, ar by an employer whose busi- ness is located within the Town of Vail ~("Employer"}. If an . Employer purchases a financed residential unit, it must pro- vide the Town with an opinion of bond counsel of recognized. standing in the fields of municipal law and municipal tax regulation that its purchase will not cause any of the Mort- gage Revenue Bonds to be considered industrial development bonds within the meaning of Section 103(b) of the Internal- Revenue Code of 1954, as amended. The owner may accept the highest bid after the last publication date; or, in the alter- native, reject all bids and retain ownership of the financed residential unit. Notwithstanding the above, an owner may sell his financed residential unit to a Qualified Purchaser without having the Town advertise the same, as long as he receives prior written consent from the~Town. . If the owner does not receive a bid in an amount equal to or greater-than the Maximum Resale Price within ninety {90) days of the last publication-date, then the owner shall be allowed to sell his financed residential unit on the "open market".and shall be deemed to have satisfied this Section 7{a). The transferee, his grantee s. or successors -3- i+ " _~~ • • • in Merest, however, shall bE~und by. the terms and cone tions of this Section 7(a} in the same manner and degree as if no transfer had occurred on the "open market." if the owner does~not sell his financed residential unit on the open. market within one hundred eighty (180) days of the last pub- lication date and if the owner still desires to sell his financed residential unit, he must again comply with the full terms and conditions of this Section 7(a). For the purpose of establishing the sales date in the preceding sentence, the recording date of the transfer deed shall be conclusive evi~ dence of the date of sale. If the owner rejects all bids, regardless of the dollar value of such bids, he shall forfeit his deposit. If the owner sells the financed residential unit to a Quali- fied Purchaser, as hereinafter defined, the Town, or an entity or commission created by the Town, or an employeY whose busi-- ness is located within the Town, then he shall pay the Town or its designee an amount equal to one percent {10} of the sales. price less the amount of deposit previously made. Such fees paid to the Town .s hall be for all advertising and administra- tive fees in connection with the sale of the financed residers- tial unit. "Qualified Purchasers" shall be residents of the Town, who meet the qualifications, including the Maximum Household Yncome qualification, established annually by reso- lution of the. Town Council. The revision of the qualifications shall be limited to those changes reasonably necessary to limit the sale of the financed residential unit to purchasers. of low- and middle-income residing in the Town. Original Maximum -~- _~.~ ', ~ ~ ~ 1 ~ 7 Household Income iimitations shall be defined arul established in the ordinance authorizing Mortgage P.cvenue Bonds. Such determination shall continue until changed by action of the Town Council. In no event shall any financed residential unit be sold, unless it is sold on the open market pursuant to the criteria set out above, for an amount in excess of the total of the following: (1) An amount calculated as follows: Owner's purchase price plus Owner's purchase price times a fraction, the numerator of which is the difference between the current index value at the time of sale and the index value at the time of purchase ("base index"), and the denominator of which is the average of the current index value at the time of sale and the base index. For the purposes of this subparagraph, the index value shall be the values established by the Consumer Price Index specified far All Items, All Urban Consumers for Denver, Colorado (Denver Revised CPI-U) (19b7=10Q) issued by tY-e United States Department of Labor, Bureau of Labor Statistics. If such index is no longer published, an index selected by the 's'own Council, shall be used to make the ad- justment rectuired herein. l!or the purposes of this subparagraph, the phraise "current index value at the time of sale" sha11 be the index value of the Consumer Price index which appeared most recently prior to the sale for which the maximum resale price must be determined. In formula form, the adjustment provided herein is as follows: Purchase price + purchase price X 1.5 X current index - base index (base index + current index ~ 2 -5- _~ • • {2} The t~ue at tie time of sale of all capital improvements made to the financed resider-- tial unit plus the owner's pro rata share of the costs of those made to the common elements and assessecT to the owner. The value of the capital improvements shall be as determined by mutual agreement of the owner and Town or by an appraiser mutually acceptable to.~the owners and the Town. The cost of such appraisal shall be paid by the owner. {3} The cost of any public improvement for which assessments were imposed by any governmental ar quasi-governmental agency which have been paid during the period of ownership. The sum of~l, 2, and 3 above shall be the "Maximum Resale Price." In the event a bid is received equal to .or in excess of the Maximum Resale Price herein established, the financed residential unit shall be awarded to such bidder at said Maximum Resale Price. In the event two or more such bids are received, the winning bidder shall be selected by lottery and the financed residential unit shall be sold to him at no more than ,the Maximum Resale Price. Notwithstanding .the above, a Qualified Purchaser shall always have preference over an Employer as long as his bid is equal to or greater than the Maximum Resale Price or the Employer's bid, whichever is less. In the event two or mare bids are submitted which require the owner to take a promissory Hate as partial payment and no other Maximum Resale Price bids are received, then the owner may select the winning bidder at his sole discretion without the need of a lottery. Nothing herein, however, sha11 be construed to prevent the owner from rejecting all bids and retaining ownership of the financed residential unit. -6- _,.J • • • Section 2. If any :~tion, paragraph, clause o{~ provision of this Resolution shall for any reason be held to `be inva~.id or unenforceable, the invalidity ox unenforcc?ability or such section, paragraph, clause, or provision sha11 not affect any of the remaining provisions of this Resolution. Section 3. This Resolution shall not be deemed to create any rights in any person other than the Town and may be amended by any Resolution subsequently adapted. Section 4. A11 bylaws, orders, and resolutions, or parts thereof, inconsistent herewith are hereby repealed to the extent only of such inconsistency. This repealer shal-1 not be construed as reviving any bylaw, order, or resolution, or part thereof. Whereupon it was moved by Council Member and seconded by Council Member that all rules of the Town Council which might prevent, unless sus- pended, the final passage and adoption of said resolution at~ this meeting be, and the same hereby are, suspended for the purpose of permitting the final passage and adoption of said resolution at this meeting. The motion was put to a vote, the vote being as follows: Those Voting Yes: ~~~ ~~~ ~ 41~~ ~ a~ 1 ~.~.~ ~-~ Those Voting No: .~"~C-~ Those Absent: ~@1~~ ~Yt--ti-~ -7- .~~ . ~, • • • ~ ~ ~ ~ ~~ A motion to adopt the foregoing resolution was ' then duly made by Council Member ~.'~.. I.UC.~=~ and duly seconded by Council Member~2'~-lc.a(.. ~-dN.~7J'~~ was put to a vote, the vote being as follows: Those Voting X 5• ~~Lx~ ~,~-e~V ` " ccrc_.~ ! f~2~U~C~c~ ~~~~~ f/~ ~~~ ~- C~~-~ Those Voting No: •~~`?~~ Those Absent: Thereupon the Mayor declared said motion carried and said resolution duly passed and adopted. . ' After action on business not related to the foregoing resolution, on motion duly made, seconded and adapted, the meeting thereupon adjourned. c ~- Ma ar (SEAL) ATTEST: Town Clerk _g_ " _.,..^i ~., • ~~ STI~•1'E 4F COLORADO ~ ' ' COCiNTY QF EAGLE } SS. TOWN OF VAIL ) I, Colleen Kline, the duly qualified and acting Town Clerk of the Town of Vail, Colorado, do hereby certify: (1} The foregoing pages numbered 1 through 8, .inclusive, are a true, perfect, and com- plete copy of the.record of proceedings of the Town Council of the Town of Vail. had. and taken at a lawful regular meeting of the Council held at the Town Hall in Vail, Colorado, on Tuesday, March 18, 1980, com- . mencing at the hour of p.m., as recorded in the regular official book of the proceedings of the Town kept in my office, in which a resolution amending the definition of "Maximum Resale Price" as established by Resolution No. 19, Series 1979, was adopted. Said proceedings were duly had and taken as therein shown, the meeting therein shown was duly held, and the per- sons therein named were present at said meeting as therein shown. A quorum was present and acting through- out the meeting. The resolution has not been revoked, rescinded,'or modified, and is in full farce and effect on the date hereof. (2} All members of the Town Council were duly notified of said meeting, pursuant to law. IN WITNESS WI-IERNOF, I have hereunder set my hand a,,,n''d•• affixed the seal of the Town this day of ~' ''/ , Town Clerk - --- - -9- ,' _~.J F ~ ~ • • ~. ,~ '.~ ~ , .. r' i RI; SOLUT I ON~~ 7 ' ~E Series of 1950 A RESOLUTION OF T1IE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO; STATIPaG ITS POSITION REGARDING TIIE FUTURl; ANNEZATIOxd OF T~iE AREA KNOWN AS ~"7E ST VAIL WHEREAS, the West Vail Iomeowners Association has expressed its Interest in being annexed to the Town of Vall; and WIIEREAS, the Town of Vail Town Council has expressed its interest in the annexation of West Vail to the Town; and WHEREAS, representatives of the tiVest Vail Homeawneacs Association anc~ the Vail Town Council have held preliminary discussions to establish an open dialogue and attitude of good faith; anc~ WHEREAS, upon annexation to-the Town, Nest Vail will be afforded the same municipal services that the inhabitants of the Town now receive including as illustration: Public Works and street maintenance; park and Open Space Acquisition and development; Police protection; year round bus service; planning and zoning regulations and controls; and animal control; and WHEREAS, the Vail Town Council and the Nest Vail Homeowners Association have expressed the desirability of ach~_eving a single unified political entity within the Gore Valley. NOT~t' , TIiE~ZEFORE , BE I T RE UOLVE ~) i3 Y T FIF VA I L T OWN k COUNCIL OF THE TOWN OF VAIL, COLORADO, TIiAT: 1. Does hereby e~:courage the annexation of the area of West Vail to the Tawn of Vail, ' 2. LTpon annexation of the jYest Vail area to the Town of Vail that the Town Council will establish a Town wide committee to evaluate and a•ecommend ~. Town Council District plan towards the establishment of CoLtncil seats. ~, • f • \~ R~~lution NO. 7 .~- page 2 3. If after the submission of ~.;he committee's favorable recommendation to the Toirn Council to establish Council Districts, then the Tawn C,ocxncil will take the necessary steps to amend the Chax•ter to provide for districts including calling a special election therefore, ~. The Council agrees to act with ail reasonable diligence and dispatch to comply within this statement of intent. ~ /l APPROVED AND ADOPTED THIS ' ~~~~ day of 'S(.' ~-'r~ [" G~_,' 1980. !--_- _._~ ~ ~ .~ ~.~agor l ;i ATTEST: !, r'' ,., Toi~rz Clerk ` ^~ ~ re ~ t .~ ~.: ! . ~. j f ~~~ 4..~ 1.., l ~ ~ C E R T I F I E D R E C O R D of proceedings of THE TOZ~Ti~T COUNCIL OF THE TOh~3 OF VAIL EAGLE COUNTY, COLORADO relating to the the substituta.on of ^nited States Government Secur~.ties a.n an Escrow Account with The Colorado National Bank of Denver, Denver, Colorado in connection with the refunding of the To~~n's GENERAL OBLIGATION BONDS , SERIES l~1ARCiI 1 , 1974 and GENERAL OBLIGATION BONDS, SEP,IES DECEMBER 1 'i97~5 ! ! f STA'G'E CyF COL0~70 COUNTY OF EAGLE } ss. • } TOLdN OF VAIL ) The `~'owt•i Council of the Town r, t: Vail, Colorado, met in special session, in full contor~:i~~ wi,t~i law and the ordinances and rules of the Totrn a~ the fiunicipal Building in said Town, being the regular meeting place of the Council, on ~u-~c~C~~, the ~~day of ,r%~~198d, at ~~~ o`el.oek, P. AZ. There were present and ary~wering at roll call : _ ria yo r Mayor Pro Teti; Counc~.lmembers: A3.so present: Town Manager: Town Cler3s: Rodney E, Slifer John Donovan ~GO~~I-a~~! Bi1i 6~7ilto Dr. Thomas Steinberg Paula Palmateei~ Ronald Todd Richard Cap~.an Colleen Kline Absent: SC~3"~ J~-OC-~ r Thereupon, Councilman introduced and there was read in full the following Resolution: - _~_ A RESOLUTION A;~ENDSNG SECiiJN ~3OF RESOL~,?TXG2~ N~3. ~5 ADOPTED MAFtC~I 12, 1980 AUTHORIZii1G THE SUBSTITUTiO~` OF GOVERNMENT SECURITi~:S HEDD :iN THE' COi'~ORADO NAT L4ti=AL BANK ICI DENVER, DE~`'VER, COLORADO, DEPOSITED IN AN ESCROy~+ ACCJUNT ' PURSUANT 'x'C1 RN ESC'R0;`~ ACREE~iE~FT ~iET:vEEt1 THE 'I'Oi~v OF 51'AZL AND THE BANK IN CON~~FCTION WITH AN ADVANCED REFUNDING OF THE TOWN'S GENERAL ~3L;J:,~CGATwDN BONDS, SERIFS f~€ARCH 1, 1974, DATED t~II1RCH 1, 2974, AND' LTS GENERAL, OF3LIGATIOGd BOVbS, SERIES DECEi~~BER 1, i 975, DATED UECEt~IBER 1 , 1975; ACID PROVIDING OT~iER DETAILS YN CONNECTI©N THEREWITH.' WHEREAS, the Town of Vail ~.n the County of Eagle and State of Colorado, ("Town"}, is a political, sut~dl.vision of the State, a body corporate and politic, and a home--rule Town pursuant to Article XX of the State Constitution; and Article 2" - of Title 31, C. R. S. 1973, as amended; and WHEREAS, by Resolution No. 5, Series 1980, adopted March 12, 198Q, the Town authozized the substitution of Government Securities held in the Colorado National Bank of Denver in Denvex, Denver Colorado, deposited in an escrow account purs~~ant to an esczaw agreement between the Tawn of Vail and the Bank in con~sect~.on with an advanced refunding of the Town's General Obligation Bonds, Series March 1, 1974, Dated March 1, 1974, and its General. Obligation Bonds, Series December 1, 1975, Dated Deeembzr 1, 1975; and providing other details in connection therewith; and ~7HEREAS, the Town Councl.l determina.nes it necessary -3-- •A~ ' '' ~ ~i04+f, THEREFORE, f3~ TT RESOL`TED: Section ~. Tha` Section 3 of Resolu~ion 5, Seri23 1980 be amended to read as Tollows: Section 3. That the fees of the financial advisor, Ii. I.S., Sne. and Dain Bosworth, Tnc. and o~hpr associated costs for assistir~c~ the Town in pur.•chasing the subs~.itute securities acid re--COmpu~:ing the EscrOS~' F~ccount and its sQrvices in connection therewith aze founc~.to be reasonable and proper aru are reasonably apportioned as tally set out in ~vLachment 1 to this Amended resolution. • Mayor ~• `' '(S EA L) r~ ~ • ', '•ATTEST • . ~~ Town Clerk ' r Thereupon, it was ved by Councilman and seconded by Councilman ~ that the above Resolution b e placed on its final passage and that all rules of the Council, which might prevent, unless suspended, the final. passage and adoption of this Resolution No. ~ , amending Resolution No. 5 at this meeting be and the same are hereby suspended. The question being upon the adoption of the motion and the suspension of the rules the role was called with the following results: Those voting YES: Mayor Councilmembers: Those voting ND: Rodney E. Slifer John Donovan ~o py na?1 Bill Wi1to Dr. Thomas Steinberg Paula Palmateer Ronald Todd --4- 4 • a The presic', ~ ~g officer ther~~u~ ~~n d~olax~ed that, a majority of the mem~~ers of the Council present having voted in favor thereof, ti.e said motion =,~as carried and the said Resolution No. ~ ~, duly pas5erl and ac'opted., After taking up other husines, to come before the Council, the meeting was thereupol adjourned. RESOLUTION APPROVED ~'~ND ADO~'TuD this /ryC day of 1980. _ ^, ~+ .s .. ~' ~ _ ~ ~. Town Clerk - 1 ! ! ! ~~~TE o~ coLORA~o ~ COE3idTY flF EAGL ) ss . TO~r;N JF VAIL ) I, Cvll.een Kline, Town Clerk of the Town of Vail, Colorado, do hereby certify that the foregoing pages nu:naered 1 to 5, inclusive, constitute a true ana correct copy of the record of proceedings of the Town Council of the Town of Vail. Colorado,- taken at a special. meeting of the Town Council held vn ~"~ the /~~J~tiay of ~~1980, ~~ insofar as said proceedings relate to the final passage and adoption of Resolution No. ~ amending Resolution No. S, has been duly authenticated by the signatures of the ~~ayor, as presiding officer of the Council, and myself, as Town Clerk of the Town. IN WITNESS 1~THEREOF, I have hereunto set my hand affnd affixed the seal of the Town, at Vail, Colorado, this JjLT`~-- day of~'~~'~198n . ~, >~`., ,~ ~~ ~~ ',~~,(5 E A L) r ~' ~ ~ . ~''A.TT~S'S;~ ~`' -6- ~~ ~ ~ ~ r ~ ~ TOS'!N Ol' VATL, COLO~~ADO 1976 C~0 ~,EFUNDSNG BOND ISSUE ESCRO~Y SECURITIES REPLACE",IE;,~ ., Secuxl.ties Redeemed ~'xom Escrow st.it~scription Number hiatura.ty_ Type 102-101.8 11-30-8~', SLGS-Bond 1,02-1019 11-30-94 SLGS-Bond 1,02-,1421 11-30-92 SLGS-Band .102-1.022 11-30-93 ST;C~--Bond 102-X023 11-30--94 SLB~~-Bond 102-1024 11-30-95 SLGS--Bond Total Securities Redeened Less Redgnption Penalties Plus Accrued Interest from 11/30 to 4/2 Total. Proceeds frcm SLGL Red~~~N~ion Rate Hmount 7.64%' $ 335,000 7.60% 380,000 7.68% 455,000 7.70% 490,000 7.71% 670,000 7.73% 90,000 $ 2,420,000.00 { 93,546.39) 53,008.64 $ 2,379,462.25 Securities Purchased fox Escrow Maturity .Type Coupon Price Par Amount Cost 11-15-89 Open Mkt. 10-3/4 88-24132 $ 230,000 $ .213,51,0.44 05--15-90 Open Mkt. 8-1,/4 81-28l32~ 385,D00 X27,347.84 OS-15-92 Open Mkt. 7-1/4 68- 6/32 ~ 435,000 300,687.78 08-15--93 Open Mkt. S-5/8 74 480,000 360,545.60 08-15-94 Open Mkt. $-3 /4 74- 6132 650,000 49'x,094.23 02-01-95 Open Mkt. 1.0-1.12 85- 8/32 90,000 .78,869.65 Total Par Amount of Openi4Sarkets $2,280,000 Total Cost of Open Markets $ 1,778,055.54 Add Beginning Cash to Escrow 71,787.00 Add Issuing Expenses 125,000.00 Total Cost of Escrow Exchange $ 1,974,842.54 Net Savings to Town $ 404,519.71 Expenses Bond Attorney $ 12,500.00 CPA Verx.fication 2,000.00 C~x~.yster Expense 5 000.00 Tar~.istee Fee 500.00 Subttotal Direct Expense $ 20 OOO.OD F1.nancial Advisory Fees: Hana.fen, Imhoff & Samford, Inc. 35,000,00 Coughlin & Caznpany 35 , 000.00 Dain Bosworth, Inc. 35,000.00 Total Expenses $ 125,000. DD A1locatzon of Expenses. Majox Portion Minor Portion Total {Paa.d by Town} $43,000 $$2,000 $125,D00 _ , ti „~ ~r s 'T ..• ~.~ I, ~ili .I' I(3 i~u 1.t .. ,ilii :,. :lh ~l'IS ~,},.~I..~ ~~~ _~ !.. -~1'1;'i' €.''l. ,~ .u~:3 .ircl II,~ ~ ~`' ,.S ~. .. i~ ~r' ~ _`'.~I(• ~~ I `?:~ I I~.. ;) 1.:.'~ ''I.i ~ r I. ,:~i L.t.S i .~,1,' i.{ '~ I,I ~t.lif~ il: .:~ .~., ~ I .J~.11 ,'f"1 I, !~l ~il". Y, ~;hf~ ~ `'1~~3 .. 'I~~. yi.'.( '7. ;~~ ~ ~~r-~ ~ ,~~;~,`I~ ;.Q (.~;J .`'_~h L~~i~ -'',~1(~1~~ 1, .~ .''Y)~ €f~ ~~I-i~~i I :if. i~ .'1~I~1~ ;;~ I,-;~ !. .~.~~~~ I11 ~7, '.f~:~ ~:~~~ Il,l i.:i;.a~~l'll~ ~ (31~ ,,, ,I~ll:,i.l j :~, r i'. _'~' i `r~, :I '.i.:: :)l~i~ I,(] f.!1`y I. ,(. ~~}, o?,~ .;~~ I .1 i ! ~ r J ~ S 'y '`~~ ,. i} I.!I~ :r. _t i [~ 1 i~, ~ ~I,IJ i'~/ ,,lf...li i.,i~t„ r' I ,~ ..l ~'nll. ~l.:i~.,~l ..~~~, "~ /~ ,GI:. " 1- .....: I i i'_ ~ I_ . ~ ~ i i' :. Y' .~,,.:~ :: ,,o r `/) c . /_ ,s : . ' ~,. ...`. .., f)',l11 I, ~ (''f ~ ~:I . ... i f,h rl ,.i:". I : , `~:: . ~ ! • RESOLUPION No. 9 (Series of 1980? A RESOLUTION OF THE ~tvwi~T COi3NCIL AUTHORIZING THE ACQUISITIC,N OF LflT i0, BIGHORN, 'IGWN OF VAIL, COLORADO FROM "ufft. AND MR.S. IIE[VRY L. BREY; APPRC}V1NG THE ~~~t~NIS OF ACQUISITI~T: AUTHORIZING THE ~~ MANAGER. TO F~X.'tJ`I'E ANY AGREIIVIIIVIE~ITT Ivrx.;~SSARY TO SEICURE SS(y~ID ACRUISITION IN- CLUDING CONTRACTS FOR SALE, CLOSING STATr3UIIIVTS, ~ivwi~ CHPICKS, OR OTf-IER AGR~'S Nr~:~SSARY, TI~urcE; AUTHORIZING AND DIFtI7C.~ING THE TOWN CLERK TO ATT'EST' TO SAID EXE~G"[JTIC~T AND TO AFFIX THE SEAL TO ALL Nk7CESSARY DOCtJNiELVTS REIQUIRTNG THE SAME, . V~~AS, the Town of Vail has negotiated with Mr. and Mrs. Henry L. Brey for the acquisition of Lot 10, Bighorn; and, ~~5, it is the opinion of the Town Council that said acquisition is necessary for the Town's Open Space Program; and, WfTEfiEAS, the Town Council is of the opinion that the acquisition should be approved; NOW, `~rt~ttrt7RE, BE IT RESOLVED BY THE ~lu~x~1 COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Section 1.~ The Town Council hereby approves the terms of acquisition of Lot 10, Bighorn, Town of Vail, Colorado, from Mr. and Henry L. Brey for a purchase price of $111,13 payable by the Trnvn paying $20,000 earnest money at the time of the signing of the contract for sale and the remaining purchase price being paid upon closing and the receipt of a general warranty deed Erin the sellers. Section 2. The Town Manager is hereby authorized to direct and to execute any and all agreements and documents necessary for this transaction including contracts of sale, closing documents, and Town checks. Section 3. The Town Clerk is hereby authorized and directed to attest to the signature of the Town Manager and to affix the seal of the Tcnm to any and a].~. documents requiring the samo. INT'RODC~c:r~u, READ, APPROVED, AND ADuYl•~u THIS ~,~"day of 1980. ~, ,; .; '' ~ ~,.. T Mayo ~ `/ Al-x.~ST: ~~ . _,~ . Town Clerk a .. ~:. _~-- ` •_ „ •- RESOLUTION N0. '~ erxes of 1980 A RESOI.:UTION F.ATIFYIl`I~'t A P~iEPI[ORA1`IPUr'i OF AGRI;T'ME~IT PT;RTAINI~Yr TO THE ~CON,:zTRUCTION OF THE I_~IONSHEAD PUBLIC PARkaING FACITaITY; AND, APPROVING AN APi1iaNDP~iFNT TO THE CON'T'RACT FOR THE COTdSTRUC'i'IO~V OF SAID TRANSPORTATIOII CENTER. idHEREAS, the .'own Council enacted Resolution No. wl, Series of 1979, calling for a municipal election on the 20th day of November, 1979, for the subrzlission to the qualified electors of the Town of Vail the question as to whether or not the Town should issue its general obligation bonds in an amount not to exceed 7 million dollars to be used for the construction of a public parking facility located in the Lionshead area of the Town of Vail (is hereinafter referred to as the L•ionshead Parking F aci].ity) ; WIiEREAS, the Town Council adopted Resolution No. ~l, Series of 1979, which provided far the question to be submitted to the voters in said election, the form of the ballot to be used, the giving of notice of said election, and other matters and details relating to said election; WHEREAS, at the election. duly held on the 20th day of November, 1979, the electors of the Town of Vail approved the question as submitted by the vote of X05 in favor and 1~0 against; WHEREAS, it is the opinion of the Town Council that because of the great need for additional parking and the expeditious completion of the parking structure, that architectural and construction contracts should be entered into promptly; and, WHEREAS, the Town previously engaged an architect, James Ream of Robbins and Ream, f.or the development of the Lianshead parking facility, and agreed in principle on a construction contract for said project with a contractor, J,A,.Hyder Construction Company, ~ ~ry J . E Resolution No. 10 Page 2 ~YI~~FRFAS, the Town entered into a contract with J . A . Hyde:r Construction Co~,pany on the 4th day of llece~nber_ 19?9, for the construction of the precast concrete portion of the Lionsread Transportation Center; and, ~i~HFREA ~, pending the conte:~plated execution by the Town and said contractor of a contract. for the construction of said parking facility, the Town Counci7_ found it appropriate on the 1st clay of April 1980 , to give 1in~ited authorization to said contractor to purchase necessary materials for and enter into necessary subcontracts relating to sand project zn order to reduce e~~penses and assure the commencement of construction on schedule; ~YF3EREAS , f final agreement ha.s no«7 bee~z reached between the To~x~n and J . A . Ryder Construction Co~npa.ny regarding the construction of the entire project and it is necessary to amend the existing contract accordingly; NOti9, T~IEREFORF, Br IT RFSC?LVED BY ~ THE TO'Vi~i COUNCIL OF TIDE TOF1~i`I OF VA Z L , COLORADO , THAT Section 1. The P~femorandum of Agreement entered ,into on the day of 1980, by and between the Town and J,A, cyder Construction Company, a copy of which is attached hereto and made a part hereof, is hereby ratified by the Town Cauncil. Section 2. The Amendment to Construction Agreement which. is attached to the Standard Form of Agreement Between Owner and Contractor dated the day of ~~ 1980, said contract and amendment constituting the amended contract for the construction ., of the Lionsheacl Transportation Center, is hereby approved by the Town Council and the F~rayor. is hereby authorised by the council to execute said ame.~clment in beha7_f of the Town of Vail, Coloraco. i~ !~ Resolution No 10 Pale 3 Section ~. After sa..i_d ~.n~endment has been duly executed by the Town and t~ .:~ . kIycler Construct yon Company , an executed copy of the ar.~Pnded construc-cion contract for the Eionshead Transpo:~t~,tion Center sh~.ll forthwith be marked "Exhibz.t 1'', attachecl hereto, and made a part hereof. r- IidTROD~?CF'T), READ, APPTi.r?VED, ~I'IL~ I'~NACTEn this f ~~ day of ~~~~~ 1~F0. f~ ~' '~ ~ ~~ ;,~~~or ATTEST: `~~~ ~~ {~ ~' 1 Town Clerk 4 • • ~, ' ~ ~~~ ; ;;, ,+i k :. ..f f._ ., ~/ 1` ,:' •°>~- ,r, . `~. `y ~' ..,.. . ~,.~ .t ,; ~f, `_ , i y` f,,f .i f':.. .. 1 ;' ~- ." F ~i k. ~. ~~ ". ... • ~ ~, _. h :< 4 a °~ ~ .~ '~ ..' ~ ., ~: ~~~ ,, ~ ~ / l ~ ~ i ^ } r f i ~ i r ljA'At ` ~ \ ~ Series of 1980 ~ ~ f: ' `.~~', 1'1n ~.cll]r~l'~ll•~r t;c~5o1.1_ati.r.7n rr,rlr~~=~~;clin~; thc~ ss'.i'c,~~t, ~~,f ~~ ~ ~ '~' Oi~rdotl 131'itt~n rat] bc~l1~~.C 0l Flis ::c~i•~t~ic,c: Lo idle c:r~'-,~;tlrzi.ty ~ ~~~ '~ ~ :~~ uC ~'a.i]_, Col"~7:i•~tdo. ~~ ,~ 1`;11)~;111~:15, Cr7z~don 13t :t_ tt,3n 21a.s ,r~r~=cad ~ i~ .. .. i ~: s C].i.n~.c u,l,~d 5~i nc.e :1_J{>G; ~t.nd ~ ~~~ '~ 4`~]i1?11>,AS, C0a?r~oll 17ritt~ll h~ls r,r-'1~~"~'(~ the ~=~i_1 Clinic f ~::;`:r'.j°~ .... - s ~; ..- ~i llnsc~i.fi~~h15T doir,,, ~r~~,,ly jobs ~tl]ci i.~l~;.:s to t~id i.Tl i_t5 ,~ru-,tth ~;~ ~~nd ~ez'v:i.<~c' E v ~_he C:0!l:~1?tln5_t T s1~c17. '0175 ~a5 ?ref; i n (~ila:Ll'l;l~.il ~ ,'~rr~ 5 ~ - j'i.:r i ~': , t,f r ~ r Fund >3.aisil~~ Gl]_~irman, :tnd l;~ecttti~-e Cc~:~~~nittee la]L~l,;bc'r; end, s''~.. ~, ~i~]iL:.[lE.~S, Gordon ~l~it{:an il~s beer] ~~ l.r.i.ti:e l;~C)~°,~r 7.11 i ,', ~"'~,', :r ~; `~C'.t(i; 1~ U~:'U,]CJLLS ?~ ~itU ~`z~l.~ (_'7.?];1C CIGI]``' :?11 C1 ..'s].`.11.. .t]~,T v1],`','~; ~ ~~. f~ll(' }.7llilC~1 ;~ ."n:~I]>>?.c731 11~:_ 17s_'E7t1 ~ C%~~,_7~E?ttvC~; «Y2r.~ - ~"` i .. ~~. ~i'd1l.~]~.F :~.] , 1_~~. .~1.U ~'U U.i 1' "1 G' ~_'. .~ FO:'t ~i COI dUl: i~I"i 1: 1:~ n .l?d ~. b ' ' ~, i. ~: lers she t'~il Clini"c ]l~as boen ~ ~-i~1'oJ.e 1>a~~t oi~ Lf~~- '=' . ~}. 'F, n, E~ail c:or;~^nlll]it~°; ~ '~ 't. :,'Q'~'~ , `i'H]~RF.FO~E , 13;~ I r~, )?.I:SQ~~~ ~"1~ ~3Y ~'Tiz~ ~l 1 i L '~ O~i.`, \ C'(~T::vC~ 7 T_ : .;rf: ,~ ~• =~ D~' ~hIiE `l'O~ti"\T O1' ~'~I1a, CUI~t;i'~ll0, `1';1.~`l': i' ~:"`,:.i.~\ ,. Section~i~ `1'he IU;';I1 .~11C7_i 13~_'~'C,'}J\ C :'.~71~C~':='iL5 7.'~S i Y::',< f, ~ ~. { r. i,.' .s'e,';. ']eat L"telt ~pp;'eci~,ti.on ~.o C,,~~~clon 13ri: ..=-n '~.~r 1'le .-4rvi_t~~~ 1, c, i~ .a, ;4: `` '~ °.:~.:: 1]c`]~S 1'C'nC1C'1'C:C~ f. (7 t'.U ~. ~ 1 L ~, ~ 7 it ~ !~ !?:]Cl f.i: ? ? ~~ ,-.'..i'?]. ~~' . i ;. ,`,,~~~.'~'-) 1~'T1~ODl;C:;~:D, _t?-:.'~, 'i'i~:`'c)`,. ]), ..,)~ ~ ".. '. _.~~ .i.-" Jr~~`~... _ ~ .- ~~ F'<,i j ~_ ice'` ...~ ~ ~~ r . ~~ •' . ~, \t j~ -- - -. " - . _ _..." _.... __ -- - • RESOLUTIOi~ NO. Iu Series of 1980 A ?~ESODUTIOI`r nF TTIF TOt`7i1 CnUNC I L, %'C]tV'V n~' ~,r A 7 L, APPp.f~V INi T TIIT' i?"~3ITED STAT?S DrP.4F'T°TF'N'~' C?F T~':~`~Tr~PORTA~'IO'V UI?;3AN ~~".~~SS `~"I?AT~?SPO?'.'~ll'a.'IDN CT'iA1~IT ~'i~R T3??C'1~FT~C'T din , r C?-0'i-0{)1.9 ; AitTIiOR,7:7IiVG 'r'IIE TOt~IiT n7l?rT ^,~'TrR `?'r' ~ai~F'•CC1TT 3I%{'T t_'i~C;^.~`i~ IX,x'i7i.1~11TS: A~ IlI?;'_EC'TI~7~' `rHE TnV'~: G`LL'~'~i~ TO ATTFS~' TO S:?~IT~ I'YF;Ci°'~'iUi~T r+.~~D TO AFI'I° TIIE "_'QT17ti SI?AI~ TIIFRETCI. t'dII3;REAS, the U. S , P,epartr.~!ent of Tx ansportation has approved Project aVo. CO-0:'--0019 of the Town of Vail ~?nd has agreed to pa.y as the Federal share the sum of .~1,5~;i,600; anu, 6`1IiEP~EAS, it is the ox~inion cf the Tetirt2 that the Prc,~ect is in the best interest of the citizens of the Town, that the Town has the authority to enter into said grant agreement; and that the Project and agreement should be approved. TdOtit', THEREFORE, SE Ii T?I'SnLV1n B~.' "'HE Tnty~T COUi~TCIL OF TI3I; TOt~Ii~T OF VA I L , CO:~OR~'~DO , TRAM Section 1. The Town Council of the Town of "t'ai1 hereby sloecifically approves Project ,~To. Cn-03-0019 to provide mass transportation for the Town of Vail; the assistance application to the U,S. Departr,~ent of Transportation that h:~s been made; and the gxznt terr.~s and condition. Section 2. The Town Iia.nager is hereby authorized to execute the agreement relating to the assistance application for anti on behalf of the Town cif Vag Section 3. The `"oi~-n G1exk is ~llrected to attest to the execution of the agreement b~~ #.he Town r`anager and to affix the Seal of the Town of ~~ail thereto c. I?'dTRODUCFD, READ, APP'IOVETI, P.,?`TI~ F`dAf-"TI;D this ~J day of ~.X-j~~ c~% I ~3 F 0 . ,-- I f /,~ ~ r ATTEST: ~~~ ~ Town Clerk r ~ .- l '~ lowo of nail 13 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF VATL, EXPRESSING ITS SUPPORT AND DECLARING MAY 10, 1980, AS CLEAN UP DAY. WHEREAS, the Town of Vail has had several Clean Up Days during the past few years; WHEREAS, the Town of Vail considers that it is important to have the litter from this past winter picked up; WHEREAS, the Town Council is of the opinion that the beauty of Vail can be enhanced through a clean Community; NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VATL, COLORADO, THAT: (1) The Town Council hereby supports and declares May 10, 1980, as Clean Up Day and suggests that the Citizens of Vail join in the removal of trash from the land within the Gore Valley. INTRODUCED, READ, APPROVED, AND ADOPTED, this day of May, 1980. M yor 1 ~= ATTEST• A~ !I`, w O/ Town lark ~3~ C~ ~- • RESOLUTION 71P:~'I~OVI1`IG rtsrD r~.f':'1'.I. c,Y.~°:G 'I.~II}J NOTE i'I),~CII7ISE ?~GRIE:•It;;vT :4'uR `~'I3'r, CO1~S'i'RUCTION T~OAN '~IO'I'I?S, "r.z~li•;S ;,A>.' 1, 1°80, Ur T[IlJ `DOWN . I3E 7T i:I;~GI~Vi=,D BX `i'IIIr '~'c~ItiN C'DUN(~II~ OF 'gill; 'I'(~;tiN GF 11F,zZ,, COLURAD~: Sect ~On 1 . I':''c rtals . A. Ord,_rtanc~ 1'0. 14, `?ci-;r~s of l:~~Q. t:r.irsu«nt t~-o r'~rdinance 1<0. 14, Series of 1980 (Ordinance No. 14}, she Tcwn Council .-authorized end directed the Town iiariager to negotiate and execute a note purchase agre~~merlt k'1.t1] t'~,CettCher & Col~;pli^~ ~ l~l~le 'iirC}1;Ser ~ ',. 11 i=he ~~i'i~~C' and ^,n behalf of the Town, .,hick ~igreerr,ent shall ~:ir].lide f.i::ing the rate of interest for and the princpal a-lount of she ''own's rons~._ruction T,c~=n Notes, aE'YlE-'S }'''ay 1, ~~~g~ i :1~~' '~:lt.'_~) ~~'_'O`v __' ~'C~ ~i::3~ ..l:C'fi ~gi" ?~-;-ml?:7t complies with the requirements of Ordinance No, 14 and provided further that the agreement is approved and ratified by the Town Council by a resolution drily adopted at a regular or special meeting of the Town Council. B, Note Purchase Agreement. The Town Manager and the Pzarchaser have present.nd to the ':gown Council an executed ivote t~urchase Agreeir~nt for the Notes dated ~;ay 1980 (the Not-e Purcr.;.se Agreement) , which agreement is attached hereto as Exhibit A and incorporated herein by reference. Section 2. Approval and Patif ication. '2'he 'town Cou.~ci1 'rrereby finds and determines that f:he =dote Purc:~r~ase Agrc~_°:rent complies with the requirements of Ordinance 210. 14 and hereby approves the terirs and conditions of the Note ~'~lrchase Agreement and ratifies the acl_ion of the Town Manager in executing the *dote iur~hase :'~:greer~ent in the na:e and on behalf of the Town. l?ZTRODUCED, READ, PA~S~;D AID ~:I~OPT•FD this ~.~ day of ff /~ ~' .. ~- ` , ~ - 1•Say~r ATTEST: •Cler k [A'1`I'l1Cfi I~~OTI: PUI3CIiAS}; AGI:FL,•;I~i~'I' .^•,5 1?Y,H713ZT A] lawn c! rail WHEREAS, the Town of Vail is established as a premier Recreation and Resort Community; and WHEREAS, suitable and positive recreational exper~ fences are vital to good physical and mental health and enhance the duality at life for all people; and WHEREAS, the National recreation and Park Association has designated the 114onth at June, 150 to be "National Park and Recreation A~Ionth" in an effort to promote annual obser- vances by Federal, State and Local Governments and encourage excellence in those agencies primarily responsible for the planning and management o~ our. national parks, forest and water resources and those which support recreation and cultural or allied programs; and WHEREAS? the Town Council is ai' the opinion that all citizens and visitors can enjoy the out-ot--doors through green spaces and park facilities and can fulfill their potential zn the use of their leisure time through the variecl individual and group opportunities provided by recreation; NOW, THERhFORE, BE IT RESOLVED BY THE TOW~~ COUNCIL OF TO~YiJ OF VA z L , COLORADO , THAT The Town Council supports and declares the month of June, 3.9 SO as Recreation and Parks month i ra'l. r ~~, mayor ~ ' Town Clex aced; 3 dune, X980 .. re • - •: - • ESOLUTIOid N0. 16 Series of ICJ- SO A ~,ESOLUTYON OI' THE TO?'~N COU:dCIL, TO?'dN Or VAIT_,, APP;~OV I NG i'IIE UNITED STATI; S SrT?~FACE TRA:JSPi~ LTATION 11SSISTI~idC1:a ACT GR.!1NT FOR, THE I ~ SPECT I ON , I'4AT I t~G AND IIdVET•1T0:3,Y OF 13? {. I LIGES V~ITHII`; TIIE TOWN (7I~' VA IL; APPRO~~I,NG TIIE C0.~1TrACT BI:T~'IEEPI THE STATE OF COLOR!~DO DE?~A:tT"TENT OF TIIC~IiIVAYS AND THE TO?VN OF VAIL FOk? THE CO"~iPLLTION OF SAID BRIDGE CTR.~!NT; APPROVING TIT_E TOWN' S P:IATCIIING PORT ION OF THE CTPANT ; ATJTIIORI7INCx TIIE TOVdN ~•TANA.CTEP~ TO EXECU"'E SUCH G?I,ANT DOCUPvIENTS; AND DIRECTING THE TOI'Ji~ CLERK TO ATTEST TC SAID E~iECUTIO'd Ai3J~ TG AFFIX THF, TOV~IN SEAL THERETO, ?~VIiEREAS, the U.S. Surface Transportation Assistance Act of 197° provides for inspection, xating and inventory of bridges on the Federal aid urban system and the off-syster3 roads; and ~`7HEREAS, said bridge inventory will be paid with 3(3 Federal Funds and 2~JU/~ Town of Vail Funds; and tiVHERFAS, it is the opinion of the Town that the bridge inventory is in the best interest of the citizens of the Town, that the sown has the authority to enter into said agreement; and that the inventory and agreement should he approved. NOT'J, TIiI;REFOI?E, BE IT RESOLVE'? BY THE TO?4N COJ:"dCIL OF THE TOti`7i~J OF VAIL , COLORADO , THAT Section 1. The Town Council of the Town of Vail hereby specifically approves the contract between the State of Colorado Department of Highways and the Town of Vail for the implementation of the Federal-aid program for the inspection, rating and inventory of bridges on the Federal-aid urban syster;; and on ofi'-system roads. And, further, thr~ Town's S~}`?, share of the cost thereof in the sur,1 of X1,173.00 is hereby approved. • Resolution X10. lE~ P'u.g~P `' Section '? . '4'he Toz~rn rianag;er is hc:rc~~.~y authori~~~d to execute the agree ment for ~Znd nn b ehalf of thF. Town of_ Vail. Section 3. The Tou=n Clerk is directed tc~ ~ hest to the execution of the al;reement by the Town ~Iana~;er ~?.nd to affix the Seal of the Town of Vail t;herPto. . - TVTRO~~UCED , READ , APP?3,OVED , !1 ~1p Ei~1ACTE D this ; - day of ~ ~ leg(}, r A'T'TEST ~~~~~ Town erk ~, - • • IzT;SOLUT ION `:0 . 17 Series cif 1950 A RESOLUTION OF TiiE TO~V~T <'OUNC'IL APP~.OVTIv'G TIII; :3T7~ ~'`F ~i'PAF3SPOItTAT IOV ;IANUJ~ ACT- IJR I NG CORPORAT T ON Gi~ ROSjVELL , ~IIa~9 P.4EYIC0, AND THE T0~4'N' S 1 T~RCIiASE OF FOURTEEN (I4 ) ~~?ODEL T-3G CITY CRUISER COACHES, VERIFYING FTNANCTFdG THEREFORE ; AUTIiOR I Z TIdG 'i IlE ~3AY0 L TO EXECUTE ALL 1?OCUr,-TENTS , AGREE~~IENTS , LEASES , BILLa OF SALE OR OTIIER DOCUMENTS TO FINALI7E SAID TI'~ANSACTION; DIRECTING THE TOj9N CLrI'~Ii TO ATTEST TO THE rTAYOR' S STCTETATU~E ANTI TG AFTr'I THl_, SEAL OF THE TOj1iN TO _~LL ~JECESSA'?Y DGCrJ'siENTS GYHEI'tiEAS, tl.ze 'T'own has agreed to purchase fourteen (14) 1~Iodel T-30 City Cxui_ser Coaches and one space power ~.ssembly from Transporation ~lianufacturing Corporation, Roswell, Flew Mexico; and, ~'~IIEREAS, the Town Ccauncil is of the opinion that the terms of said purchase should be approved; and NO1V , THEREFORE , BE TT RESOLVED I3Y THE TC)~~FFT COUNC T L OF TIIE TOti"ZFT OF ~~ A T L , COLORADO , THAT (1) 'a'he bi.d of Transportation `~[anufacturing Corporation of Roswell, New ?~Rexico for. the sale/purchase of fourteenz {l~) Model T-30 City Cruiser Coaches is hereby accepted and the Town ~danager is authorized to negotiate anc. i'inali?e a purchase agreement in accordance with that bicl. (2) ?'he. Town Council certifies that the financing; ar.d funds will be available under the ter:Y:s o f pa.yr~.ent r~ecTuiring the net payment within ~0 days after c':.eli~=ery of the vehicles. (3} The i:Iayor is hereby authorized to e.~ecute for and on behalf of the Town all documents necessar~T to co:i~plete the within approved arranger~er.t , incluclin~ a~;reer.,~ents , ctocu~,?ents , leases, bills of sale and closing cloc_~r:1ents. (4) The Town C1erlc is directed to ~.ttest to the si_;nature of the n,4ayor anc: to affirm the seal of the `~'o~~m to 5aic~ caoeuments. :[i1TF~ODTJCED , READ , .1 PP'~,0~'ED , ELd%) _?.n''P`I'T'D , TII I S ~l x d I)AY OF JL;.IE , 1980. ~ ~ _ `~ ~` ,~=rte-. ~~ , . ' ~ ~ ..-- ,iry `,or ~ r. ~ 3 ATTES'T' f `T'own Clerk • ~ • t I~ESOLUTIOV N0. 1.8 Series of 150 A TIESOLUTIOI`~ OI` ;.'Hls TOWN .COUNCIL AUTHOItiTZIivG AND DIH7;CTIi1G T"r.II~ IJidL,.'~I;GIa~'IIaNT AND I~,IPROVE3IL~AdT Oi' I~IidG As TIIrJR'S COGRT PAIII~; FIivDIi~TG it I~IECESSITY FOR TIIE ACC},U I S I T I ON OF ADD I T I Oi~IA; PROPERTY I;OR SAID PAi,,il; i~~IAIiING CE;LTAIN FINDINGS; ALTT-IO?IIZI'JG TJI,7IiFEidT DOMAIN PI'LOCEEDINGS; Ai~~D S't?;TTIivG FORTII DETAILS RELAT I i1G TIIERETO . S'~I-IElrE~1S, the Town of Vail owns certain property known a,s the King Arthur's Court Park; and, WHEE~EAS, the completion of the park requires the acquisition of additional property to ensure access and full utilization of the park; and, ~YHEF~EAS, East National Bank of Denver, formally, Colfax National Bank, and I.A.C. /Bailey own the property that is necessary for the parr ; 2nd , jYHEREAS, the Town of Vaal has eminent domain authority under the Constitution an c_ Statutes of the State of Colorado and the Charter of the Town of Vail; NOW, TI3EREFORE f3E IT RESOLVED, BY TT.,iE VAIL TOWN COUI~iCIL OF THE TOWN OF VA IL , COLORADO , TIiAT Section 1. The Town Council :~anc~s as_ follows: ,: F (a) the Ding Arthur's Court Public Pa:ek and open space area owned and maintained ',~y the Town needs to be enlarged and imp~•oved. {b} The enlargement and improvement of the Park is necessary for the proper use, access and enjoyment of the Park by the citizens of the Town of Vail. (c} The property described on E~hibat "A" attached hereto and by this reference made a part hereof as necessary for the enlargement and improvement of the Bing Arthur's • Court Park. • -- . • l , Resolution No. .~~ Page ~' {d) Tlie Town a1' Veil 4~.nc1 the c>4vner.s a!' {,lie required property haE-e been unable to agree to tie sale/ purchase of the property. (e) The residence and locati~~n of the owner known as K.A.C. /Bailey is not I:nown. Section 2. Based upon the within stated findings, the Town Council authorizes and directs that all necessary steps and actions be tai;,en or comrlenced to acquire said required property by eminent domain. INTRODUCED, READ, APPROVED, AND ENACTED this '~ day of /,(/yt~ 1980. :4lajrttr _ _ ~J, ATTEST: .'/./, G ~~ /~ Town Clex'~'"'~ ~` -- ~ Y A PARCEL 01; LAND SITUATED IN Ti3E SOUTHEAST ONE QUARTER OF SEC'FIOIV 12, TUh'Ir'SHZP 5 SOUTH, RANGE 80 t,~EST OP TIDE SIXTH PRINCIPAL MER7DIAi`1, MOPE PARTI:,ULARLX DESCRIBED AS F07;LOt,TS: BEGIN~;I~IG AT A POINT WHICH IS THE SOUTHEAST' CORNER OF SECTION 12, TOWNSHIP 5 OUTH, RANGE 80 WEST OF THE SIk"TH PRINCIPAL MERIDIAN: THENCE r,ORTH S9 DECREES 53 MINUTES 24 SECONDS Iti~EST 867.25 FEET TO A POINT ON THE ARC OF A CURVE: 'THENCE NORTH %4 D>±:GREES 4$ MINUTES 38 SECOA'AS WEST ALONG THE C1iORD OF THE CURVE 96.26 FEET TO THE TRUE POINT OF BECINNING. THENCE NOitTH R9 DEGREES 53 MINUTES 24 SECONDS WEST 161.61 FEET: THENCE ALONG THE ARC OF A CURVE WHICH SUBTENDS A C?iORD BEARING NORTH 31 i}irGREES 02 MINUTES 00 SEC01`'DS WEST 111.46; THENCE NORTH b2 DEGREES 04 MINUTES 00 SECQ~^JSi,'EST 150.00 FEET; THENCE NORTH 27 DEGREES 56 MINUTES 00 SECOir'-S EAST 117.40 FEET; THENCE SOUTH 62 DEGREES 04 MINUTES 00 SEC01`TDS EAST 388.43 FEET; THENCE SOUTH 27 DEGREES 56 1~SINiJTES 00 SECONDS WEST '99.43 FEET TO THE TRUE POINT OF BEGINNING. J '/ ,V • tou;~~ of nail L~i~ ~~`~"~1~5~ • ~~ Ott 3~xnnrart~ L'.rsaiu#izzrt t:zntuaPnr~in~ #I~n rffnr#.~ u~ '~nuln ~nlntafrPr stn ltPl~nif n~ ~~Pr ~pruiz;r fu fop ru„u:wtnift~ of ~ni1. ~nlnrnazt. ~5, ;?uiclu ;~.ulrtu#rrr bus ser:~P~ wi#!~ diafinr#i~n tzn #l~r Anil c:xn:ut ~:uitril ~rura ?~''~tuec,thPr i~77 #f~rzzu~f~ .~xt~usf I~~L~; nna, ~?..i~i~t''~: ~:utzlu '~1ulmufsEr lens rjrrtunufru#rt3 n z~rnuittr rr,~~unsiuenrss fu ff~r nerds of ff~r rifi~rns of uuil; und, ~~~'~~, xauln ~'nlmn#rrr lens srrurt3 uti#1~ r3is#inr#iatt #~t ":~m~ruur ^Juil" r.~~trrtall~ in i'n~cnurn~in~ int.pr,~urmenfs fn fl~P ~uil ~CinnBl~s~~3 urr~; un~, ~~,~,~, ~tuui~ ~tulmufPrr ~u~ serur~l uti#1~ :his#iutfinn ur Lf~air»tun ui fl~~ ~'urfl}utesf C:xtlur~t~xt ~z~uttril ztf ~nurrnmrn#s; unit, u~'3, ruu.In ~u1mtt#Krr sprue~ as n 3;p{~resrn#ufiur n# #~r'.~es#rrn 31n~P #u #I~P Sfufa of (fnLrzrn~k~z fir Yul,itifiun Litnfrul (^nmmissinn; unil, '.?I".ii=~r'~, ;r'nuln~nlmu#Ppr twill hP n# ~urfI~Pr sPruirr fn f1~P :~nr.~ttunif~ kr~ nffrrin~ I~rr full fimr P£fitrfs ff~ritugl~ #}~r 11ui1 ~PSitr# ~ssnrinfiun. N(~, [~~3~0~~, ~~ ~ ~S(~~~, ~~, ~:?: ~1.~:.`~. c~,(~1T (f{~i~TC:..~~ ("x c"nIx c(~'~T (7~ ~.~:iiC, ~~~ ~'~;~;itt-SSA-~ ~~S S~ ;C~~S~. ~;~:~~..~~c:..i(~'.', ~i1Tz`1 C~.~~c~,~3lz~~' c(7 n~1sI:C~ ~nf~'[~~c.~~~ ~', ~~ Ss..~~~~ ~ ~ ~~~ C4z c~ ~~~ c~.{~11 ~C~:C. ~us# una ttitn~sfe~ f~is ~fl~ ~u~ n~ .'~tt~us#, l~;tI. ~~ ~~~ ~~ugur f ~' a c~'~G.~ ~ 7 4ierli ~ ~. ,/ ~ ~ ~ ~ .~ r, ~ ~ .t};~ , sr~ti :a.. ....~e~tt~-at ..:x-.r erc: x.--,~~ ,.. y. ..r...?.~v~1 ..:~1 ~,~~::..•ci.:.:~',~,?.}11' . fist ~: .: •'~~ R ~~,~~ .~ ~ • ` ~- RESOLUTION NO~ 20 Series of 1.98 0 A RESOLUTION OF INTENT TO ANNEX AN AREA TO '~.'HE 'TOWN BY AN ANNEXATION ELECTION: THE AREA PROPOSED TO BE ANNEXED IS COMMONLY KNOWN AS THE WEST VAZL AND INTERMOUNTAIN AREA. WHEREAS, the required number of qualified electors, who are resident in and landowners of the area proposed to be annexed, to-wit an area generally West of the Town of Vail, commonly known as West Vail and Intermountain, (described in Exhibit A attached hereto and made a part hereof) which is situated in Eagle County, a County of less than twenty-five thousand inhabitants, filed a Petition for Annexation Election with the Town Clerk of the Town of Vail, Colorado, requesting the Town to commence proceedings for the holding of an annexation election, and in the event the proposed annexation is approved in said election, to annex said area; WHEREAS, the Town Clerk referred said Petition to the Town Council of the Town of Vail as a communication at a regular meeting of the Council on the 19th day of August, 1980; and WHEREAS, having received the Petition for Annexation Election, the Town,Cauncil is required under the Municipal Annexation Act of 1965 to determine whether said Petition is in substantial compliance with C.R.S. 31-12-107(2), and if so to follow the procedures set forth in C.R.S. 31-12-108, 109, and 110; NOW, THEREFORE BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAZL, COLORADO, THAT: (1) The Petition for Annexation Election is found to be in substantial compliance with the requirements of C.R.S. 31-12-107(2), ~, ~ (1.973, as amended) . •~. • • Fe:;olution No. 20 Page 2 (2) The Town Council shall ~~o1d a public hearing to determa.ne • whether the Petition complies with C.R.S. 31--12-104 and 105 (1973, as amended? to establish eligibility for annexation under the Municipal Annexation Act of 1965, as amended, said hearing to be held at the Special Meeting of the Town Council on -the 23rd day of September, 1.980, at 7:39 P.M., in the Municipal Building of the Town. (3) The Town C1.erk shat-1 give notzce of the public hearing in accordance with C.R.S. 31-12-108 (2), (1973, as amended). (4) This resolution sha11 take effect upon its adoption. IN"~'RODUCED, READ, APPROVED AND ADOPTED this 19th day of August, 1980. A'PTEST: ,~ .: ~" ~ ~~ Town Clerk v~ ~ ~ `~ Mayor _ ~ _i r - -~~ - of land 1,'s in 3.ctiis ?C1 and 21 Section 1= ~~~ c ~ :a.. ` . • ~~, ract € , ~ r ar± of Seccian lZ; . •__ _ she S 3i1 SE 1/~~ ~zad the r`E_].~~ 5E_.1j4 section 11;";arts of Sect ion~lL;-,~="_-_=-- ' " ~.- . _ .he ~ ~1~2 SE .i~~ Sect>nn~ 1.5 ,; it-rr~liip~ 5 _Sautii, P.~nge 81 ti:est.af, the Sixth="- + "- '• • - - • ' ~. Prir:cigal-•~'=erict~n, £zg3e Ccunt~•; _Color~3a~, said tract o~ land baingiaar~~ •-'~'_'«--~_`-2-~ - - , - F:art'i~culasl}' described as, to~lo~:5:',_.-'~'~' - _ ~ '~.-_}- em's:'='. _ - . eg?nr:;a ~a the-niFrthe ster ~1 er -af •~at~2Q ,. ~_._ _-•'.'~:^" :''_~:;•-'-,.. ~ ~._-_ _ _ g, t lj• co: n ~f said ~ectifln~l;_ thence ~-~;: _ 5 bi °5 '4Z" k 137fi.3° Fret, tc+ L?-+~-:~ar•~:s.•es er' -r~ _ ~ - ~ r .'-:.•' - _ : - - . - -- 1 ~ t ,3. ro ,er o=said LoL-2b; -: - - _ - _' ~ th_nce S G~`G~'U2" £ 1:;66.8 `eet, z3rng tie ~.~estErly li.^e of ~scid -i.ot 2~=:>~ .. _ - - .::,d ~t L1 of scid 5cction 14o t?;e 1/4 ccr; er of said Section i ar-d~ sai~~;-=:~_._ _ , -- Sectit~n 12~~ :.Uer.;e S F„`14'~i" 1,' ?i55.92 feet a~e^g the ~~nart~;erly^lir,e-.of'"~~~ ~ .. - • - s~.id Section 12 to tt•>~-norL:~~.:ett~rl}• oo..~er of said Sec_tian 12= 'i n•- • `; ''--=~ - -- - ~ ~ ~, @ C~F~ ~; - - 5 fl1r3K'~9"-*' 1?.C'•fl.flL~ _`eet, a1c^•g =he z:esterlS Sine cf said Sectiaz!"=3. 2;~ - =.'-__ - _~ , -- tf+cnce Gcpartszg sai? uesterl3• li.~e,~ S 85`i7`~,5" ~~ 3L~G.Dfl feet=-t~,e ~ --;__ `._~_ - rice ~~ :w: -. . -. S Ji=35'59" k' •! 5F5.4 ; eet, is a Ucint on the n^rtncr3y~ ~iQe of the h'E~~1~.4' ~ - r' . .--, .. - -SE 1 4 cf sand Section 31• (hence S S6`.17'~5" ~ _ -` - - _ .:_ '-- = -- - - _ _ _ f ri ~G75_8I feet- a1o:~g_ the ~- ~v-- _ - . _- . - - acr [?~erl}•-line ~ of sGad i:i: 1J4 S£ ~~4 •to tie- _nort':u~est~r~r.-corner_ of-said <~' =-~ ~'_- - - ~ I,E lj~+ SS 1;'-',~;--tht:nce S OI°39'[SD" ~.' i3~3.5t1 feet a~ang Lhe,~~ester1yl13ne ~a£-~ = ,- _-`~- . __ - _- - said ;:v 1~4 'S£ .~~+ -to` tfre zirrtrezsteri}' corner of the Sk' ~f4 ~SE i~~'•of`said.~~ '-.r -- _ - ~ - Sac[SCn i3.; thence~5 66°2D'C-fl" -;•• 73:S.~Y -feet aicng the nartherlY line-~f rr - - - -. _ - _ ' 527,^ 5;+ I;'4 S~' lj~ to t~iE i airl:wester3}' -ccrr~er pf 5c'_C; Sk' l.j~, SE ?Ib;p;.hence_ .- S G1`71'OG'" 1.' 137„56 ~cet- ziorsg t?~e ~:esterly lire cf said Sk' 1/4'S£ l/4 ta~. - - L:~e ' /4 cc: r.er of said Section ~ 1 and said Sect;os7 1~ ; the:,ce S S6°1?' S4" ~+,- ', - - - - _ 1355.14 feet alorg't':~e_nortl3eriy lire of the ::E lj'~ ?:k' 1j4 ~of said~Section',~ - ~_ • _ 1~ to t e nc~rt~:westerl~• -corner of said ~E 11L r,"~„ ~1 f~;; thence S Ol°26'1S" E =_: _ - - - 1 _ 55. ~ 1 : eet, a~ Ona the weSt~r~]' i:~le QI Sn3L~ ?tfi ? j'4 ~+r Ij4 tb she ~OULIZ= ' _ - ~."2starlti' co::+~r Dr s ~d ~.~ 1I+: 1;~T 1.~r4; thence 1i ~b°u2'L'~" £ 104.32 feet ~ _. ~ic~nb t':e routiTe:ly ~l-ne of said hF I/4 *;~'_ ;.I'~ tc a point on the northerJ.y - ~ . right-af-way ?;ne of lncersta.re :iipht-a}• 3:0, 70; t~;ence the following' ten- :' . ~_. ~ ~ - - cnu: see al.,^.g scid ~~nc; therl3• riF`~t-of-uay. line, -:hi ch is also the southerly . -, - :inc oz L:,ts 21 and 1$ of said Section-1L: {~ S 38°40'3D" k' 1L~,:1~.'feet;:== •. '. - j2; 5 'S`4°~3G" ~; -'.??.73 feet; E3) S 2I°30'16" k' 352.37 feel tti a po-isi{~_~= - •- - ~ = • on curve; (4) 2$5.12 feet along the arc oz" a curve to the• right,- said" curve • lza-,-i.ng a .adios ti.f 176fl.fl0 feet, end a chord that beers S 59°17`Ofl"-~,' ~2&4.91 -- ~ ' . tee:; {~~ 'S ~~°~7Y42" W 2E?-fi4 feet; (fi}. .S b7°14'1$" t.' 31.3.59 loot;~~~7~* ~:." . . . - 5 b7°50'42" k 34b.24 feet, to ~ point on_cvrve;._(8) F23:~+i feet ala:ig_th~~-.,-`.;_ .- .' - arc ~f .a cc:rve to--the left, said curve having -a radius n# _341~.{3D feet„--ahd`~i--_r_ _ --~f•" - - - . a ch:~r3 that bears S 53°18'2G" L,' 223.25 feet;- ~4)~ & -59 °_1].'S4"`~tr,3~37,82 ~eet'~~; _• - - - tlU} S 5B°ll`Ob" k'-23.89 feet; thence departing sail nort'nerly" right-of~+ca3t :_-°•' ~ _._ ~. - line, S £S°il'SG" k' 564.19feet elnng the southerl}• line of "said,"l.ot 3$ ~o -.,-`'_. _ - - the :.I4 corner for said Section lei an$ said Sectl.on 35; thence 5 8b°1$'34".~.Ld,`'~,-. •; -~ "~~~ 1379.?~1 See: aiang t e nnrtherlJ line of she E Ij2 SE 11~ of said ~Sectitin_~5", ~'';.~ - .:- - to the r.o: t.:estcrl, cor:+er of said E 1J2 5E 1/4; thence 5 Oi'32`31" E ~"'b9i_~,L - - _ feat alc:,g the waster ].v li.r.e or szid E 1Ji' SE lj~: to the southwesterly carner~ or s::ic E 1;2 S~ 1j4; if+ence ;: Sb°19'flD" E 1377.58 feet, to the south~.asterlY_~~ carne: of ssxd Section 15; *_::e~Le ~ OI°3a'I?" 3,' 1345.fi7 feet tn_the south-_ - ~ -~ ' -_ K .:estFrl,• c.orr._r of the ii lj? Sw iJG cf send SectSan 7'~; thence ~ S7°41'35" £ _ '' - ?7f~1.25 fFet a'nag _hP snutt,erly line ~F said i~ 1J2 S~; 1/4 to the scutheasterlti, _ - cc':n.er ai szid~K 1?~' S~' l;ti; _~1-.a.~e h I3'°23'36" k' 136E.31 ieet along the ~ - e~-terly line of szi[ I; 11' Sr ?T~ to the snLti,~~steriz cor*.tier of the ':~+ l/L - . of said Section 3!~; -.:~=rticP cc:~tinLing k~ O1°?3`3G" ~ i36:.G5 feet, alo:~g tine _. easterly fins cf Lct,s '~ z~,d ~'2 Qf szid Section 14 to the north,easteriv corner Gf saia :.ot _'''; thenta =; E[ `~_" ~ ~" £ 275 .15 re•*. eiang the so::: her 1s line of ~:1E h 1,'2 =~T' i~~ rr ~21v ~zC~1L+T: lz; ti3Pj~C~ ii D1°23'24" k 1390-i5 :eet tip it%C -~ / 3 ~~y~ i~ _~ ~ .~~ ' ncr t'ss.L•'?v cnrr.e: .,_ paid re~-t~aa`d4; ;;,e::cz S 80`,54'39" E 19G4.~:eet. a? r5 t`sa ..,I..i:=-rIV ?i^n ai sa~i~.i Section 12 to a , ~r~rst nn tl~° e fF.:ir<g , . . bct.c:.d:::;• o; t'~t 'I'c-': of~ Vail, C,oic:ado; th~nce~the follcx:ing ceurs-es alo:.g t!+~ e:.astfng vound4ry a` tha i~.n of 'Jail, Colorado: ti GO°00'GO" 'r1 130.00 ' ', fait r~i~ng thz c~as[erly `~~uru'tirv of i':ishlas~ "e,~dctirs rfling ':o. 2, a sub-~ ~ . - dlvisian recorded u:dcr Fcaception ?+ut:ber 1-7E92 : thence ti 05°57'03",W . _ fi75.50 ;eet along said easterly boundary of }ii~nlard ueadc~as Filing Ro. 2 ~_ to th4 se~stheast-erly_ corner of Lat lo, :Satterhorrl Q1IIage, Filing Rio. Z, a subdiv? lion recorded under Reception 3:u~?~er g~291 ; .thence ti 30`l.$' 10" • ~ E 59.19 feet along the easterly line of said Lot la" to [he. northeasterly - ' _ _~ corner of sa{d_Let I0; tren4e N 56°56'36" W 129.08 feet~along'the northerly . - ,~ 2ir,e of said Low 10 to a point on the sautherl}-. right-of-way l.;ne of G~eva _Lrive; the^ce t z zelictiiag four courses along the soLtherly ar:d wzsterly - rigt:[-of-way line c~f said Cene•:a ~+rive: (1) 130.3.4 feet along the art of .". _ a curve to the right, said curve having a radius of 50.G0 feet, a central " _ angle of 3.49°G8' a~"," and a chord that bears ~ 72°22' 15" W 96,39 ; zet; {2), • ~ • ~ 5%°49'14" ~= 2?.O1 feet; (3) 207.77 feet along the arc of a curve to the right, said curve ha~;iag a radius ac 2uZ,lE feet, a central angle of 58°52'50", and a chard that burs ~: 23°21' 49" W 198, 75feet; (4} :I fll°04'36"„ E 621.13 fr?~C; t:1C^.LL' ~ ~1~°-~~'i.~.r' +` ~6.6.~'. iZc"~ t0 3 aOint 4i1 tfle C~r42rline ~o~ :'~3tt~:" . hcrn Circle; thence the following t,:o courses along said centerline; (1} 49.G2 feet alma the ure of a tur~e.tc. the right; said curve i:aving a radius of 375_i5 fee[, a central a:gle of 15°11'01", anL a chard that boars :_~ 7i°04' 30" 'd 99.I.a fzE[, (') :~ 03°28'59" W :'7.17 feet; thence ti 50°la'28" W 68.50 ," " feet [o the scut:~~s~zr.ty corner cf Lo. 3, Vail Village k'est Filing No. 2, a • S`.1~C'i ~viS ~'_'r: rc'_CGT4~~ u-:~er TiZCe~ti.+=[1 Pv,':NZr i01.':°f~ ~ tIZEriC~ ~ ST. °10' 49" ~ :31. ~ I ~c'?t al.^.::~ :.~~' SC'L~::~~ly I~I:c~ Cf .~a'_:1 Lvt 3 tG t+it' SCGCiiL'eStcrl~ CL r_ t`'. of said :,at 3; _i-~~:;:=z :: 36°29`54" i~' i~5.fl0 feet along the westerly lire of said Lot 3 tc~ Lh~ so::t~,~rl~• right-of-uav lire of i:~te:st.~te High4*aypi~o. 70; the;~c~ -) ° e ~ ~~r ~r 7 ` `• ~ ~' 1ir4e GL lnte~$CB ~e ~'rF'r,c~ :i _3 50 U E 5_-.~ fie to the :~ar_~~~rl}• ra.gh~-of-wQy \`c. 70; L'F1e;:ic'' ~ 33°SU'3~+" E °J. SO fist ala;:g sa'_d-northerly right-oF_•.s~y ii.:e • and the scutheri}~ lir:e of Lat I2, a ,c:su3d.~-isicn of Buffer Creek, a subdivision: r~COrC7a?u ar:uer ta;epticn i~u'-:'JEr ~5i7j , t0,8 FOint On the SOL'thc'rIY line a Lion's Riud2 Subdivis jar r i3.ing i~o. 3, a subdivzsion_ recorded under P.zce=- Lien ;iu.~sber tbs.°3 ; t;^tnce the zollo»ing ele~~en courses a?org the pari~- eter or~ said. Lien's Ridge Su`~civislan Filing ~'::. 3: (1) S 89°27'25" ~' 13f5.7fl fee*_ alo:,g [he sau:i~~riy lire of the ~; 112 of said SecLzan 12 to the 1/~+ to:r:er of sa?4 5eotiarl I2 a^3 said 5ectze.^. il;~(2) ti Gi°35'54" E li6I.28 feet slcrg the ~:asterly line of sale Section I2; (3) uzparti:~g said 4~esterly 1:u~e of Sectio,. 12,1.3.30 feet alo:~ ts:e arc of a curve to the left, said curve having - a radius oa 130.L0 fee w, a ce::tral angi2 of 05°5?'lfi", and a chord that bears 3u°G3'~+5" i !3.35 feet; (4) ?~ 66°15'00" :532.96 feet; (5) to 74°45'a0" E b30.00 fee^; (b'1 '~ 6fi°15'GO" £ 49G.Q0 feet: (7) Iv 57°:5'00" E 330.00 .e°-t; - (5} h 5G°55`16'r .. bZ1.05 few, tc the southv:vsterly right-of-way lane of i Lid's i.\.LL'Op ~+74'j?j t9) trrence along said saut',westzrly right-af-way line, .. ?55.16 :ee: alar.g rile arc of a curve to the left, said curve having a rad;us~ ar" 135.OC feet, a ce:tral ~^gl° of 1C8°I7'GO", and a chord that bears,S 56°04', . 40" ~ 215.3 fzzt; (l0) ?3 5°°wb'30" E 49.L7 feet along said s~ut3:w-este:,iy " rig:~t-cf-::ate li-~e; the ;;.e d<<arting said soutnkzsterly r_i.ght-of-::ay Tine, _ 5 3U`5~'v6"~=. X01.91 feet to tae scutherl;: right-; f-ti ay lire of Lion's Ridge L,cp; Cil~~n=~ the ~cl.cw:r.t ..:o CC'srse:. a?a:~g s•~zd s~:neriv rig h:.-of-way line :;:~ ~i.~ SC'.~:lL•rl" '~:'e O£ ~1_:l'S ~'~t:t° Si)c~::iSian ll~ing ~`f0. .Z, ~ St=bd+V i5~0: r~~_...;:e1 _..Uer .._~~~;.~.. ........ ~. ~__~_.- _ (1) :; 59°32'Ob" - 358.3 feet; (~j ~3.F; :c~_ .._ ~, !' ~;_ ,.: ._ ..-~t .c. t;~e 3e.`_, ?air: cur4a `~a:•i^o 3 r.---, ~i ;;._..: .__- -- __...-'•' _-- -.. ~ ,5^.-,r~~-.", r,:,t, a c:^.or+ tY~.at burs . ~_~..~. ~ .. ._~ ~__, ~.i?^.~r ~~:_.:) ~]'_ ~rJ.~~ IeuL a_~y tr2 2::5iC= •~ • ~ ~,~ 1 ±.,_ ._.-......•:' r C}T E...:L` SAL ~~ L~ ~;sL' C'.. ..._^~irni.,'~ CL':';1rT' p~ ~:l~C3 i.~C 2~ s c'.....__ _: `' : . _" ~ ..'.'.':. fc•« ......_~' _!;_ _.. :(ra 1f:._ n_` ~r:id L~:~ Z'_ alld .,. t]« t.!.' _~.:. .C ?Tt,. :...'.; 1c~ ~C~ ~'.. .~ ...1G'; }•~1~i:~~ :;C. 3 y 3 ~::::~:'i~(`Sj[C,,fil//~ ~..C~. ~... _..._.ti ~: •.`'i_:)~_ .......4i 1..i.1 ~'~J} _.,_...', C: CO:I t, ;....._rT: ~. it i:U~,rt .l~..~1i .. 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Cf :'~~": .i., :i?~ C~:',it31P. iIf~, .?.~"v ?E3"CS, .: c''C Oi ~CSS. r C7 Q ~~ o' 7 m x m fl ~ (p v' n o ~: n m O Q o ~ a ~ Q ~ O "' 3 0 O ,; ~" m ~ ~m Q ~ Q D o ~ c o' m n O d ~ ,0 0 ~Q ~~ ~ ~_ inn C (D m O ~_ Q m ~ m ~ C ~O "* O . ~' ~ 3 Q Q ~d a 0 O _. Q (7D ~ h -~ ~ c O ~ ~- Q m ~o ~ ~ ~ ~ f o n o _ Q. ~Q ~ C] ~ ~ ~ D ~ "" o m/v ~ Q ~% W l1~ ~~ c m ~ 4 ~~ ~ { m ~ o y o ~. a Q Q ~ ~ Q ~'; O ~ ~~ n m m Q ~ Q_ Q Q ~ ~' m Q 3 m ~ m c -~ m ~ ~ O Q ~ ~ Q D.~d ~ ~~(p ~ cn Q Q -•. _. i ~ Q ~- ~(Dn-t_ n cD ~aQ300~cn_.G n ° moc~u~~QO~Q~ ~ Qaaa<mfl~o g Q ~O-~~~~~~~ N ~~~OmCCClO m~ ~ ~ Q~~am~~Q~ 3 ~ OcDm~~~~~Q ~ O~Q~~t7DmO~Q.~ ~ n'Q. ~Q ~ ~~ m Q Q fl~~ O Q ~.~~ I ~ ~ Q~~~oQ~Qa { ' m a ~QmoQ~r p (~D ~ ~ ~ CAD = ~ cn ~3 ~ ~~a,N QroQ ~ mfl~~Q~O~a~- Q ~a o-~" ~mm ~ m ~ ~ ~ ~ c7n (~n(n ~'~Q Q c ~,~~OmQ~~p~ O J 6 ~p~+~_. o ~ s ~ ~~ ~Q ~ d Q ~' cD ~ m ~ Q ~~ Q D Q' ~~r. n~0~ ~~ ~ D 7~ ~_G O ~ ~ N_`n ~(~D cn ~ -7' ~ ~ -~4.Q QC~D ~ z' ~ ~. cp Q~ Q~~~70 a Q ~~~ ro~ _ ~ ~-°O~~mo_°co~ 3 ~~ Q o ~, j~g~ 6a~ Q Q ~c~wrtm ~~~ ^ ~ ~c~ro~QmQ-~ Q a m~:~aQ~Q9m 3 0 ~ m Z O ~ ~ ~ n O O ~~ ~~ T 0 W r a Z `~s "1 '{~ ublic No#ice KINDLY TAKE NOTICE that there w+11 be a public meeting before the Town Council 01 the Town of Vsil to determine if the area proposed far enne%atlOn (cainmerlly known a9 West Vail and Intermountain) meets fha applicable requiremonts of GR,S. 3t-12-t0a and 31-12-105 (1973, as amended} and is eligible for annexation to the Town o+ Veil, Said requirements are: (1) That no less than one-sixth of the aggregate external boundaries of the farritory hereby proposed to be annexed to the Tawn of Vail is contiguous to the Town limits of the Town o1 Vail. Public ~VQ#~~e (2} That a cpmmumty of interest exists between fha above described territory and the Town of Vail, and that the same is urban, or will be urbanized in the near Suture, and further that the saitl territory is integrated or is capable o1 being integrated lino the Town of Vaii. {3) That in establishing the boundaries o1 the above described territory, no land held in intlentiCel ownership, whether consisting Of one tract or parcel of real estate ortwo or mare conbguous Iracls or parcels of reel estate, has been div+ded into separate parts or parcels without fha written consent of the landowner ar landowners thereof, except and untess~sucb tracts or parcels era already separated by a dedicated street, road, or other public way. (4} That in establishing the boundaries of the above described territory, no land held in identical ownership, whether consisting of one curve to the right, said curve having a radius of 50.00 feet, a central ange of 149degrees 08'02", and a chord that bears N 72 degrees 22'15" W 95.39feet f2) N 57 degrees 48'14" w 22.01 feet. 131 207.77 feet along the arc o1 a curve to the right, said curve haul rig a radius of 202.18 feet, a central angle o3 58•degrees 52'50", and a chord that bearsN2Bdegrees 21'43" W 198.75 feet, (4) N 01 degrees 04'36" E 527.13 teat, thence N OB degrees 40'58" W 26.51 leer to a point on fha centerline of Matterhorn Circle; thence the following two courses along said centerline: {1 } 99.42 feat along the arc of a curve to fha right; saitl curve having a radius'of 375.15 feet, a central angle of 75 degrees 11'01", and a chord that bears N 71 degrees 04'30" W 99.13 feet, (2) ' N 83 degrees 28'59" VV 77.17 feet, thence N 50 degrees 10'28" W 68.50 feet to the southwesterly corner of Lot 3, Vail Village West Filing No. 2, a subdivision recorded under Reception Number 101699; thence S 59 degrees 10'A9" W 231.11 feet along the southerly line o1 said Lo13 to the southwesterly comer of sa'sd Lot 3, thence N 36 degrees 29'54" W 88.00 feet along the westerly tine of said Lat 3 to the southerly right of way line of Interstate Highwa No. 70, thence N 23 degrees 50'20" E 856.00 feet to rho northerly right of way tine of Interstate Highway No. 70, thence N 33 degrees 30'38" E 80.90 feet along said northerly right Ot way line and the southerly line of Lot 12, a Rasubtlivlsion of Butler Creek, a subdivision recorded under Recoption Number 98077, to a Subdi>°sionhFilirsg No. 9yalsubdivis onrrecorded under Reception Number 187193; thence fha following eleven courses along the perimeterof said Lion's Ridge Subdivision Filing No. 3: (1) S 89 degrees 27'25" W 1386.70 feat along the utherly 8ne of the N'hofseid Section 121othe /, corner at said Section 12 and said Section 11, (2) N01 degrees35'S9"'Et181.28featalongthe esteriy Ilne of said Section 12, (3) departing aid westerly line of Section 12,13.36 feet along Ira arc of a curve to the left, said curve having a adlus of 130.00 feet a central angle of 05 agrees 53'18", and a chord that bears N 30 tees 03'49" E 13.35 feet (4) N 8B degrees 5'00" E 532.98 feet, {5) N 74 degraea 45'00" E W 489.19 feet along the southerly fine of said Lot 16 io fha'/. corner for said Secfton 14 and Bald Section 15, thence S Bfi tlagrees 18'30" V~ 1379.41 feat along the northerly line o1 the E'h ' SEM of said Section 15 to the northwesterly ~COrner of said E'h SE'/., thence 5 Di degrees 32'31" E 2691.41 lest along the westerly line of saitl E'/e SE's to the southwesterly corner of said Eh SE'/.. thence N 86 degraes, 19'00" E 1377.56 feet-to the southeasterlycornerofsaidSectiot~ 15, thence N 01 degrees 30'12" W 1345.87 teat to the southwesterly corner of the N h SWV. of said Section 14,thence N 87 desrees.41'35" E 2761.25 feel along the southerly line of said N'h SW'/. to rho southeasterly corner of said N'h SW'/., thence N Ot degrees 23'36" W 1368.31 feet along fha easterly line of said N'h SW% tot the southeasterly corner of fha NW/ of said Section 14, thence- continuing N 01 degrees 23'38" W 1367.a5 feet, along the easterly line of Lots 24 and 22 of said Section 14 to the northeasterly corner of said Lot 22; thence N 88 degrees 42'42" E 2764.15 feet along fha southerly line of the N'h NEyaotsaid Section 14, thenoe N Di degrees 23'24" W 1390.75 feel to the northeasterly corner of said Section 14, thence S B6 gegrees 54'39" E 1964.89 feet, along the southerly line of eeid Section 12 to a VaiI,tCOforado,lthen Botha following courses along the existing boundaryof theTown of Vail, Colorado: N OD degrees 00'04" W 130.00 feet dl0ng the easterly ~ boundary of Highland Meadows Filing No. 2, a subdivision recorded under Reception Number 177192, thence N 05 degrees 5703" W 875.170 feet along said easterly boundaryof Highland Meadows Filing Na 2 to the southeasterly corner of Lot 10, Matterhorn VIllage. Flling No. 1, a subdivision recorded under Recoption Number 98291, thence N 34 dag~ees 18'10" E 89.19 feet along i the easterly line of said Lot 10 to the i northeasterly Coiner of said Lot 10; thence N561 degrees 56'38" W 129.08 .feet along tiro ' northeNy line of saitl Lot 10 to a point On the aoutherty right of way Ilne of f3enevs Drive; thence the ollvwing four COunas:along fha: southerlyy and westerly rigght of way sine of said QenevaDrlve:(1}130.14feetalongthaareofa' Ilia f ollowing two courses along sold ttoutliarty ~' '{ rillh0ofwaylineandfhasouthariyNOeolLion's Ridge Subdivision Filing No. 2, a aubdivisian recorded under Reception Number 121219: {1) N 59 degrees 32'06" E 358.38 feel; {2) 488.&7 lest along fha arc of a curve to the tett, said curve having a radius of 1771,95 feel, a central . angle o1 15 degrees 48'04" and a Chord 81st ' boars N 51 degrees 38'04" E 487.121eeh thence . N 00 degraea 03'25" E 583.80 teat along the easterly tine ot'safd Lion's Ridge Subtlivisron Fi11ng No. 2, to a point on Ilia southerly line of `'weld Lot 21 of said Sechon 1; thence N BB degrees 17'49" E 300.00 feet along the rtghtofwayline.whlchisaleothesoutherlyilna 1 of Lots 21 and f8 of eeid Section 14: (1) 538 , degraea 40'30" W 144.14 feat, (2) 5 45 degraea . > 48'38" W 422.73 feet. (3} S 21 degrees 30'06" W- ~`; 392.37 feet to a Point on curve, (4) 285.12 feet t along the arc o! a Curve to the right, sold curve having a radius of 1780.00 feet; and a GhoM that bears S 59degr~~a 17'00" W 284.92 feet. (5) 588 degraea 5742" W 287.89 feet, (8) S 87 deggrees 18'1 B" W 113.59 feet {7) S 67 degraea 50'42" W 308,24 teat tv a point on curve, [8) 223.41 feet along the are o1 a curve to fha left, sold curve having a radius oT 3015.ODfeet, and achord that bearsS 83 da6rees 18'24" W 223.28feet (9) 559,.. , " degrees 11'64" W.307.82 feet. {10) 358,degreea,.. li'OB',W 23.69 1eet,.the~cOedaparteeg~s~Ad RESOLUTION NO. 2G Series of 1980 A RESOLUTION OF INTENT TO ANNEX AN AREA TO THE TOWN BY AN ANNEXATION ELECTION: THE AREA PROPOSED 70 BE ANNEXED IS COMMONLY KNDWN AS THE WEST VAIL AND INTERMOUNTAIN AREA. WHEREAS, the required number oT qualified electors, who ere resident in and lendawnero of the area proposed to Oeannexed. to-witanarea generally Weal of the Town of Vall, Commonly known as West Vail and Intermountain, {described In Exhibit A attached hereto and made a pert hereof) which is situated In Ea le County, a County of less then twenty-flue thousand Inhabitants, filed a Petition for Annexation Election with the Town Clerk of the Town o1 Vali, Colorado, requesting theTOwn to commence proceedings for the holding of an annexation election, end In the' event the proposed annexation is approved In said election, io annex sold area; WHEREAS, fha Town Clerk referred said PetltlOn to the Town Cauncll of the7own of VaN as s communication at a regular meeting o! the Council on ilia 19th day of August, 1980; and WHEREAS. having received the Patiuon far Annexation Election, the Town Council is regUlred under the Mu niclpal An nexauon act of 1885 fo determine whether said Petition is in substantlsl coinppllance with O.R.S. 31-12-107 (2), and if so to lollow the procedures set forth in C.R.S. 31-12-106, 108 and 110; NOW, THEREFORE, BE !T RESOLVED BY TH5 TOWN COUNCIL OF THE TOWN OF. VAIL, COLORADO, THAT: {1} The Pethlon for Annexation Election is found to be in subatantia(compliance 973~as ' requirements of C.R.S. 31-12-10?{2), amended). ' 12) The Town Council shall hold a public hearing to determine whether the Petition compiles with C.R.S. 31-12-104 and 105 (1973. as .amended) . to establish eligibility for annexation under the Municipal Annexation Act of 1865, fls amended, said hearing to be held at the Spacial Meeting of the Town Codncil on ilia 23rd day of September, 1980at 7;30 p.m. in fha Municipal Bulldtng o1 the Town. (3) The Town Clerk shall give notice of the public hearing in accordance with C.R.S. 31-12-108(2), (1973, as amended). 14} Thls reaolutlon shall take effect upon its adoption. ADOPTED this 09th day of Augu ~ jggg,AN6 ' TOWN OF'VAIL ~~ ~~~ Rodney E.5kiter "' Mayer ATTEST: Colleen M. Kline - Town Clerk ' i Published kn The Vall Trail on .August 22, 29, September 5 and 12, 1960 EXHIBIT A LEGAL DE3CRIATION A tredt of land lying In Lots 20and 21, Section 1, parts of SactlOn 12, the Sk4 SE'/.,end the NE'/ SE'/.Section t1, parts of Section 14. the E'h5E y~ Secticn 15, Township 5 South, Range 81 Wast of the Sixth Principal Meridian, Eagle County, Colorado, ~eaid tract oT land lSeing more j particularly described as follows: ~ - Beglnning at the northeasterly corner of Lot 20 of said Section 1, thence 587 degrade 51'42" W 1378.38 feet, to the northwesterly corner of eeid Lot 20, .thence S 00 degrees 01'02" E 1388,98 feet, aloeg the westerly line of said lot 20and Lot 21 of said Seetion 1 tothe'/ corner of eeid Section 1 and said Section 12, thence S 88 degrees 19'41" W 2755.82 feet along the northerly Ifne of Bald 3acllon 12 to the northwesterly comer of said Section 12, thence S 01 degrees 35'59" W 1100.00 feat. along the. westerly 11ne of said Section f2, thence departingg said westerly Ilne, 5 BB degraea 17 40." W 31X1.00 feet; thence 9 01 degrees 35'58" W 15B5.A4 feat, to a point on the ~' northerly Nrte of the NE'/ SEr/. of sold Section 11, (hence S 86 degrees 17'45" W 1076.81 feet along the northerly Ilne of said NE'/ SE'Atothe northwesterly corner o1 sold NEya SE'/r, thence S 01 degrees 39'00" W 1343.50 teat slang fha westerly Ilne of said NEyaSEya to the northeasterly comer of the 3W'/a SEya of said 3acllon 11, thence S 68 degrees 20'OD" W 1379.44 fee! along the northerly line of sold SYY'/ SE y~ to the northwesterly cornor of sold SW! SE'/ti thence S Ot deggree 51'00" W 1370.58 lost along the wasterlytlne o1 said SWya SE'/a to the'/.corner of said Seellan 11 and said 3acllon 14; thence 5 88 depress 12'54" W 1385.141eet along the northerly line of the NEya NW'/d of said Soctinn 14 to the northwesterly corner of sold NE'/ NWya; thence S Ot degrees 28'18" E 1356.77 feet, along the westerly line of said NE y~ NWy. to file southwesterly corner of Bald NEy. NW'/., thence N 88 degraea 42'24" E It 1044.32 feet, along the southerly Ilne of Bald NE'/a NW'/. to a point on the northerly right at way Ilna of Interetsta Highway No. 70, thence fha lollowln ten courses along eeid northerly i tract a~~ al of real estate or two or more COmiguOlra tracts Or parcels of real estate Comprising twenty acres or mare which, together with the buildings and improvements situated thereon. have an assessed valuation in excess of $200,000 for ad valorem tax purposes for the year next preceding ilia tiling of fha within petition, hag been included Wlthln fha l above described territory without the written consent of the landowner or landowners thereof. (SJ That the above described territory does not include any area whim is the same ar 1 substantiallyihesameareainwhichanelection for an annexation to the Town of Vail was held within the twelve months preceding the filing of this petition. (6) That the above described farritory does not include any area included is annexation proceedings involving a municipality other Shan ilia 7owr~ of VatE. 17) That ilia above described territory is not preaeMty a part of any incorporated city, city and county, or town. 18) That the annexation of the proposed area will not detach area from any school district. Data of public hearing, 23rd day o1 September. 1980. Time: 7:30 p.m. or as soon thereafter as it may be h e}tl. Place: Council Chambers, ~Munlcipal Building, Tawn o1 Valli Colorado. At the public hearing, any parson living within the area proposed to be annexed, any landowner of lands therein, or any reeiden! of [he Town Of Vail may appear and present evidence upon any matter to 0.a determined by the Town Council. TOWN OF VAIL Colleen M. Kline Town Clark August 19, 1980 Published In The Vaii Trail on August 22, 29, Septembor 5 and 12, 1960 430.00 lest, (B) ~N`~ea tle tees 13'04" E 990.00 feet. (7) N 50 degrees O5'~0" E330.00 feel, (e) N 64 degress~. 55'18" E 821.05 feet, to the southwesterly right of way Itne of Lion's Ridge Loop, (9) thenceatdng said southwesterly right of way line, 255.16 feet along the arc of a curve' to the 1ett, said curve having a radius of 135.00 teat, a central angle of 106 degrees 1 740",and s Chord that bearsS 5B degrees 04'40" E 218.84 feet, (10) N89degrees46'3D" E49.27feetafong said southwastarfy right of way line, !hence departing said southwesterly right Of way Iine.S 39 degrees 50.:08" E 401.81 feet to the southerly right of way 1+ne of Lion's Ridge Loop. thence i ratitharly line of said lot 2l to the southeasterly comer of said Lot 21, thence N 00 tlagrees 03'25" E 769.32 feet along the common line of said Lots 21 and 20 of said Sactian t and Lion's Ridge Subdivision Filing No. 1, a subdivision recorded under Recepuon Numbor 111158, thence continuing N DO degraea 03'25" E 81D.40 -feet along the easterly fine o1 sold LOE 20, to the point of beginning, containng 700.50 acres, more or lass, with fha exclusion of an excepted parcel consisting of Aspen at 5treamside, saitl excepted parcel being more particularly described as follows: Beginning at the northwesterly corner of Lat 20. Highland Meadows, a Subdivision reeordgd under Reception Number 167543, thence S 27 degrees 15'46" E 38.97 feetalong the westerly Ilne of said tat 20 to the northeasterlycarner of Lol 21 of said Highland Meadows, thence 5 a9 ' degrees 17'08" W 430.50 feet along the . northerly line of said Lot 21 end Lota 22 and 23 '~ '.otsaidHightandMeadowslothenorthwesterly - corner of said LOt 23, thence N 40 tlagrees 42'52" W 75.63 feet, thence S 57degraes AO'59" W 55.48 feet. thence N 32 degraes 19'01" W ' 19.00 feet, thenoe S 57 degrees 40'59" W 184.00 - lest. thence 532 degrees 19'01" E 19.00 feet, . -thence S 57 degrees 40'59" W 83.00 feet; Ehence N 32 degrees 19'01" W 19.00 feat, Ehence S 67 degrees 3D'41" W 99.49 feet, thenoe N 41 =, degraea 59'03" W 87.04 feet fo the southerly rig tot wayy line o} Interstate Higghway No. 70, ' dtence N 48 degrees 00'57" E 252.251eet atang ' said southerly right of way line to a point on the narthaAy line of the NE'/~ of Section 14, '_~ Township 5 South, Range 81 West of the Blh "Rmcipal Meridran; thence N 86dagrees 12'00" -~~ E7D.25 feet slang said northerly line, thence N 35 degrees 02'30" W 45.00 feet to a point a the ' approximate centerline of Gate Croak; thence the following three courses along avid approximate Centerline: (1) N54degreea25'21" " ' E 291.39 feet: f2) S 82 degraes 29'38" E 168.39 feet. (3) N 85 degraea 53' 10." E 124.03 feet to rho point 01 beginning, containing 3.OBaeres, more ;'Or less. ~ - X".a~;~'. ' ~' ~ubliahed in The Vait Trail on ,~;t-: August 22,,24, September 5 and 12, 1980 r m`._ -.. $+ .. ..i~.;r ~ -. • ~~ ~• ~ 5 ~ ~ o ro ~ ~9 ° Q oho °~,~ C) ~ ~ C1 ~ ~ n ~ n ~ ~ O ~--C ~ (D ~ ~ ~" ~ Z m ~ ~ Q ~ ~ti ~ ~ o j ~~~~Q~~~~ „ O ~ °~ ri ro o -° N X tacQ~~roa~o ~ ~ O ~ o N ~ o ~, ~~ m a ro6~~N~Q-ADO ,~ a fl~~om~~cQ, Zi ~ o~~1~1, ~ 1~ Q co~u ~ ~ cfl C7~~`~ ~ ro ~~n ~ ~ O n. ~ ~ irJ ~ a Q c ~ o ~ m ~ ~ ~ ~ ~ ~ r ,~,~.. ro ~~ ~ 3 ~ om~~~ro,cQ. 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C m ~ m'< ~.... 0. O ° ry' •~ m j a m »- m .Xy ~ n m0-.n~ -~1m~6° f~Ir0.~1 n~,n GO'~N mommy ~-'mow -° J ° ~~m Z m J. me ~~. ~ n-~ O ~.. ~-~ a ~`«D O m w ~ n»mp ~vN NN n~j~~. ?~.N ~~~ n ~ [pa ~~ ~nN ~~ C m nN n~ .SAO m~m~° nm ~~CCwN O~~~w'{aVmifa ?:$c.ryN w@- ~ Ob~O _~~~-Na r-. ~~ ana-1O ~ m n wm '`~ mm~ =Nm '~ °F~o•o ='.3E~ o_°w awm ~...o v_j ~nx E-~ ~ n^°o~ ~ ma. -n amro E n - ~ ~° -~N ~a ~~~mn ~':~„ Om3^3-^n~.~amm~ 3.n a~ m„ ~.+,,, (n _.mm C,~ m o ~C)7CC '$~aw v ~ ~a ~,a 3-0 `ate-' ° mm~7~a.,~»"o;o~_,~ '~nomyob_.a °~~.~~ ~°°> mv_~am 5 m D ~o J °i ASH °a~Ow m~mmwati?iomm~m w~-.wmm ^,~m .,mm m...~m nm am samw -~ ~r , 1 Public Notice RESOLUTION N0.29 Serle>f o} f980 q RFS Ot_uYION OF INVENT TO ANNEx AN AREA TO THE 70WN f3Y AN AN NExATION ANNEXED~IS GOMMONLV KNOWN AS THE WEST VAIL AND INTERMDUNTAIN AREA. WHEREAS, the required number o1 qualified electors, whb ere resident in and landowners of the area proposetlfobe annexed, to-wnan area generally West of the Town of Vail, commonly known as West Vail end Intermountain. (described in Exhibit A attached hereto and made a part hereof) which is situated in Eagle County, a County oT less than twenty-five thousand inhabitants, filed a Petition for Annexation Election with the Town Clerk of the Town of Vail, Colorado, requesting the Town t0 commence proceedings for the holding o1 an annexation election, and in the event the prgposed annexation 'ts approved in said election, to annex said area; WHEREAS, the Town Clerk referred said Petlllon to iha Town Council 01 the Town Of Vaii as a Communication et a regular meeting of ilia Council On iha 19th day o1 August, 1980; and WHERfiAS, Raving received ilia Petition for Annexation Election, the Town Council is required under the Municipal Annexation Act of 1965 to determine whether said Petition is in substantial compliance with C.R.S. 31-12-107 (2}, and If so to follow the procedures set forth in C.R.5. 31-12-1118, 109 and 110; NOW, THEREFORE, eE IT RESOLVED BY THE TOWN COUNCIL -OF THE TOWN DF VAIL, COLORA00, THAT: {i} The Petition for Annexation Election is found to be in sub~tantiai compliance with the requirements of C.R.S. 31-12-707(2}, {1973, as amended}. ~~ (2} The Town Council shall hold a public hearing to determine whether the Petition complies with C.R.S. 3i-12-104 and 745 (1973, es amended} to eslablistt eligibility tar annexation. under the Municipal Annexation Act of 1965, as amended, said hearingg to be held at the Special Meeting of the Tdwn Counci! on the 23rd day of September, 1980 at 7;30 p.m. in the Municipal Building o1 the Town. {3y The Town Clerk shall give notice of the public hearing in accordance with C.R.S. 3i-12-108(2), (1973, as amended). (4) This resolution shall take effect upon its atlootion. 11JTRODUCE~, READ, APPROVED AND ADOPTED this 18th day al August, 1980. TDWN OF VA[L Rodney E.Slder Mayor ATTEST: Colleen M. Kline Town Clerk Published in The Vail Trail an Rugust 29, September 5, 72 and 19, 1980 exHtBrT a LEGAL DESCRIPTION A tract of land tying in Lots 20 and 27, SecGOn 1; parts of 5ectt6n 12; the S'la SE',i. and the NE'.'. ,' SE7rSectionll;partsof5ec1ionla;iheEnSE':i I 5ectron 75, Township 5 South. Range 8t Wes[ i of the Sixth Principal Meridian, Eagle County. Colorado: said tract of land being more particularly described es follows: Beginning at the northeastery corner o1 Lot 20 of said Section 1; thence S 87 degrees 51'42" W 7378.39 feet, Eo the northwesterly corner of said Lot 20; thence S 00 degrees D1'p2" E 1358.98 feet, along the westerly line of said Lot 20antl Lot 21 of said Section 11o the v. corner of said Section 1 and said Section 7$ thence S B8 degrees 19'41" W 2755.92 feet along the northerly Fine of said Section 12 to [he northweslerlycorner of said Section 12; thence S Ot degrees 35'59" W 1100.(10 feet. along the westerly line o1 said Section 12; thence departing said westerly line, S 8fi degrees 7T45" W 300.00 feet; thence S D1 degrees 35'59" W 1565.44 feet, to a point on the northerly tine o11he NE'/. SE'/, of said Section 1?; thence S 86 degrees 17'45" W 1076.81 feet along the northerly line of said NE f. SE Y to She ndrthwesleriy corner of said NE % 5F °a; thence S 07 degrees 39'00" W 1343.50 feet along the westerly line o1 said NE%SE'i. to the northeasterly Corner of the SW'/< SE'/. of said Section 11: thence 5 86 degrees 20'00" W 1378.44 feet along the northerly line o! said SWV. SE y. to the northwesterly corner of said SW%. SE'/.; thence S D1 degrees 51'00" W 1370.56 feet along the westerly line of said SW%% SE'/. to fho i comer of said Section #1 and said Section t4; thence 5 86 degrees 12'54" W 7385.14 feet along the northerly line of the NE S: NW'/. of said Section t4 to the northwesterly corner of said NEV. NW%; thence S 01 degrees 26'18" E 1355.77 feet. along the westerly line of said NEv. NWy. to ilia southwesterly corner of said NEV. NW%; thence N 86 degrees 42'24" E 1044.32 feet, along the southerly line of said NE% NW'/. to a point on the northarry right-of-way line of Interstate Highway No. 70; thence ilia following ten courses along said northerty right-of-way Ime, which is also ilia southerly line of Lots 21 and 78 of said Section 14: (7} S 38 degrees 40'30" W t4a.14 feet; (2) 5 45 degrees 46'36" W 422.73 feet; {3} S 21 degrees 30'06" W 392.37 feet to a point on curve; {4} 285.72 feet along the arc of a curve to the right, said Curve having a radius of 176000 feet, and a chord that bears 559degrees 17`00" W 284.92 feet; {5} 566 degrees 57'42" W 287.89 feet (6i 5 67 degrees #9'18" W 113,59feet: f7) S 67 degrees 50'42" W 306.24 feet, to a poim on curve; {e} 223.41 feet along the arc of a curve to { the felt, said curve having a radius of 3DfS.00 feet, and achord that bears 563 degrees 16'2A" W 223.26 feet; (9J S 59 degrees 11'54" W 307.82 feet; (10) 5 56 degrees 17'p5" W 23.89 feet thence departing said northerly right-ol-way line, 889 degrees 11'54^ W 469.19feet along the southerly line of said Lot 1810 the Y. corner for said Section 14andsald Section 15;thence586 degrees 18'30" W 1379.41 feet along the northerly line o1 the E h SE'/, o! said Section 15 to the northwesterly corner of said Eh SE%,; thence 501 degrees 32'31" E2691.41 feet along the westerly line Of said Eh SE'/. to Ehe southwesterly corner of said E'h SE's; thence N 86 degrees 19'00" E 1377.58 ~feeL to Ehe southeasterly corner of said Section t5: thence N 41 degrees 30'12" W 1345,87 feet to Fhe southwesterly comer of the N'h SW % of said Section 14; thence N 87 degrees 41"35" E 2767.25 feet along the southerly line of said N'h SW'!. to the southeasterly corner of said N'F SW'/., thence N 01 degrees 23'36" W 1366.31 feet along the easterly line of said Nh SW% to i 'the southeasterly corner of the NW'/. of said I, Section 14, thence continuing N 07 degrees 23'36" W 1367.45 feet, along the easterly line of Lots 2A and 22'of said Section 14 to the northeasterly corner of said Lot 22; thence N 86 degrees ~a2'42" E 2764.15 teat along the southerly line of the M~ NEb. of said Section 14; thence N 01 degrees 23'24" W 1390.75 feat to the. northeasterly corner of said Secudn 74; thence S 68 degrees 54'39"~E 796x.89 feet, along the southerly line of said Section 12 to a paint on the existing boundary of She Town of Veit, Colorado; thence iha following courses along the existing boundary of the Town of Vail, Colorado: N 00 degrees 110'00" W 730.Dp feel along iha easterly boundary of Highland Meadows Filing No. 2, a subdivision recorded under Reception Number 777792: (hence N D5 degrees 5703" W 875.50 feet along said easterly boundary of Highland Meadows Filing No. 2 to the southeasterly corner of Lot 10, Matterhorn Village. FiEing No. 1, a subdivision recorded under Reception Numdes 98291; Ehence N 3D degrees 16'10" E 89,19 feet along the easterly line of said Lot 10 to the northeasterly corner of said Lot 10; thence N 56 degrees 56'36" W 129.06 feet along the northerly line of said Lot 10 to a point on the southerly right-of-way fine of Geneva Drive, thence the following four courses along Elie southerly and westerly right-ot-way line of said Geneva Drive: {1 } 130. t4 reef along ttie arc o! a Curve to the right, said curve having a radius of 50.00 feat, a central angle of 149 degrees 08'02", and a chord that bears N 72 degrees 22'15" W 96.39 feet, {2} N 57 degrees a8' 14" W 22,07 feet; (31 207.77 feel along the arc a1 a curve to the right, said curve hiving a radius of 202.381eet, a central angle of 58 degrees 52'50", and a chord that bears N 28 degrees 21'49" W 198.75 feel: {4} N cl degrees C'1'36" E 627.13 feet; thence N 08 degrees 40'5e" W 26.81 feet to a point on [he centerline of Matterhorn Circle: thence the iohowing two courses along said centerline: {71 99.42 feet along the arc of a curve to She right said curve having a radius of 375.15 feel, a central angle of f5 degrees 71'01 ", and a chord that bears N 71 tlegreas 04'30" W 99.13 feet; {2y N 63 degrees 28'59" W 77,17 feet thence N 5r? degrees tu'28'"W 68.50feetlolhesoulheasterip corner of Lat 3. Vail Village Wesl Filing No. 2, a su bdlvisron recorded under Reception Number 107699: Fhence S 59 degrees 10'49" W 231.7 t feet along the southerly line of said Lot 3 to the southwesterly corner of said Lot 3; thence N 36 degrees 29'54" W 86.00 feet along the westerly line of said Lot 3 to the southerly right-Df-way line of Interstate Highway No. 70; thence N 23 degrees 50'20" E 656.00 feet to the nartheny right-of-way line o1 interstate Highway No. T0; thence N 33 degrees 30'38" E 80.90 feet along Bald northerly riOM-of-way line sad the southerly line of CDC 12, a~~ResuUdlvision of Suffer Creek, a subdivision recorded under deception Number 98077; to a point on the southerly line of Lion's RidgeSubtllutsiDn Filing No. 3, a subdivision recorded under Receptiort Number 787183; thence the. following ekeven courses along -the perimeter of 'said. Lion's Ridge Subdivision Filing No. 3: (1} S89degrees 2T25" W 1386.70 feet al ong the southerly line of_ the N i o1 said Section 12'tothe'.~ corner of said Section 12 and said Section 11;(2} N01 degrees 35'59" E 1161.281eet slang the westerly line of said Section i2; (3}departing said westerly line of Section 12, 73.36leat aknng the arc of a curve ' to iha IaR, said curve having a radius of 130.170 feet, a Central angle of 05 degrees 53'1 B",and a chard that bears N 30 degrees 03'48" ! 13.35 feet; (4) N $B degrees 15'00" E 532.96 teat (SJ N 74 degrees 45'00" E 430.00 feet; {6} . N $B degrees 15'00" E 990.90 feat; (7} N 50 degrees 05'00" E 330.00 teat; {8} N $4 degrees 55' 18" E 621.05 feet, to the soulhwesterty right-of-way line of Lion's Ridge Loop; (9} thence along said southwestedy right-of-way fine, 255.16 feet along the arc of a curve to the felt, said curve having a radius of 135.00leel, a central angle o! 1Q8 degrees 17`40", and a chord that bears S 56 degrees 04'40" E 218.84 feet; {f0} N 69 degrees 46'30" E 49.27 feet along said southwesterly right-of-way line; thence departing said southwesterly right-0E-way line, „ 39 degrees 54'08" E 461.91 feat to iha southerly right of way line of Lion's Ridge Loop; thence the following ' two courses slang said southerly right-dl-way line and the southerly tine of Lion's Ridge Subdivision FiEing No.2,asubdivislon recorded under Reception Number 121219: (1) N 59 degrees 3706" E 358.35 feeE; (2) 486.'87 feet along the arc of a curve to the IB ,said curve Having a radius of 1771.95leet a Central angle of 15 degree; 48'04" and a chord that bears N 5t degrees 38'04" E 487.12 feet; thence N 00 degrees 03'25" E 583.80 feet along the easteHy line of said Lion's Ridge Subdivision Filing No. 2, to a Roint on the southerly I ins of said Lot 27 of said Section 1; Ehence N 88 degrees 17'49" ~ 300.004eet along the southerly line of said Lot 21 !o the souttteasteriy Cnmar Ot sold Lot 21; thence N 06 degrees 03'25" E 769.32 feet along the common line of sold Lots 21 and 20 of said Section 1 and Lions Ridge Subdivision Filing No. 1, a subdivision recorded under Reception Number 111156; thence continuing N 04 degrees 03'25" E BSD.401eet along the easterly line of said lot 20, to iha point of beginning, ,containing 700.50 acres, more or lass, with the exclusion of an excepted parcel consisting of Aspen at Streamside, said excepted parcel lasing more particularly described as follows: beginning at the northwesterlycorner of Lot 20, Highland Meadows, a subdivision recorded under Reception Numtaer 167543, thence S 27 degrees 15'48" E 38.97 feefalong the westerly line of said lot 26 to the northeasterly comer o! Lot 21 Ot said Highland Meadows; [hence S 49 degrees 1768" W 4317.59 test along the northerly line of said Lot 21 and Lots 22 and 23 of said Hlghtaad Meadows [o the northwesterly corner o1 said Lot 23; thence N 40 degrees 42'52" W 75.63 teat; thence S 57 degrees 40'58" W 55.48 feet; thence N 32 degrees 19'01" W 19.00 feet; thence 5 57 degrees 40'59" W 164.00 feet; thence 5 32 degrees 19'01" E 19.00 feet; thence 5 57 degrees 40'58" W 63.ODfeet; thence N 32 degrees 19'01" W 19.60 feet; thence S 87 degrees 3p'41" W 99.49 feet thence N 41 degrees 59'03" W $7A0 feet to the southerlyy right-0f-way line of interstate Highway No. 7D: thence N 48 degiees 00'57" E 252.25 feet along said southerly right-af-way line to a point on the northerly line of fho NEv of Sechon 14, Townslup 5 Soutn, flange 81 Wast of the Bth PrincipaS Meridian; thence N 86 degrees 12'00" E 70.25 Seat along said northerly line, thence N 36 degrees 02'30" W 45.00 feat to a point cn the approximate centerline of Gaye Greek; thence the following three courses along said a pmximaleoentartine:{1fNS4degreea25'21" E~29t.39 feet; f2} S B2 degrees 29'3$" E 168.39 feat {3) N 85 degrees 53' 14" E t 24.03feat to Me point of baglnni rig: containing 3.08 acros, more Or lase. Published In Ths Vail Trail on August 29, September 5, 12 and 19, 1880 • • • RESOLUTION NO. 2I Series of 1980 A RESOLUTION EXERCISING THE OPT:CON AND OBLIGATION OF THE TOWN COUNCIL TO REDEEM CERTAIN OF ITS TOWN OF VATL, COLORADO, STREET IMPROVEMENT DISTRICT NO. 1 LOCAL IMPROVEMENT BONDS, SERIES OF OCTOBER 1, 1976, PRIOR TO MATi3RITY, AND AUTHORIZING THE MAILING AND PUBLICATION OF NOTICE THEREOF. WHEREAS, pursuant to Ordiance No. 27, Series of 1976, the Town Council has heretofore issued, sold and delivered its Town of Vail, Colorado Street Improvement District No. 1, Local Improvement Bonds, Series of October 1, 1976, dated October 1, 1976, in the principal amount of $540,000 ("The Bonds"}; WHEREAS, Section 6 of said ordinance provides that whenever on any interest payment date there exist in the "Town of Vail, Colorado, Street Improvement District No. 1, Local Improvement Bonds, Series of October 1, 1976, Bond and Interest Fund" ("The Bond Fund"} sufficient funds exceeding six months' interest on the unpaid balance of the bonds issued and outstanding, the Town Council must exercise its option to redeem the bands of the issue in regular numerical order to the extent passible at a prase equal to the principal amount of each bond so redeemed plus accrued interest thereon to the redemption date; and WHEREAS, the Town Council hereby finds that there exists in the Bond Fund the sume of $145,000.00 exceeding six months' interest on the unpaid balance of the Bonds issued and outstanding, said sum being sufficient to redeem 29 of the Bonds, in the denomination of $5,000 each, aggregating $145,000.00 in principal amount; NOW, THEREFORE BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VATL, COLORADO, THAT: ~.. • • Resolution No. 21 page 2 Section 1. The Town Council hereby finds that there exists in the Bond Fund the sum of $145,000.00 exceeding six months' interest on the unpaid balance of the Bonds issued and outstanding, said sum being sufficient to redeem 29 of the Bonds, in the denomination of $5,000.00 each, aggregating $145,000.00 in principal amount. Section 2. The Town Council hereby exercises it option to redeem those Bonds numbered 57 to 85, in the denomination of $5,000.00 each, aggregating in principal amount, prior to their maturity date, on October 1, 1986, at the redemption price consisting of the principal amount of each Bond so redeemed plus accrued interest thereon to the redemption date, payable at United Bank of Denver National Association, Denver, Colorado, as provided more fully in the form at notice hereinafter prescribed. Section 3. The Town Clerk shall cause a Notice of Partial Redemption in the following form to be published at least ante in the Vail Trail and sent by first-class postage prepaid mail to the holder of each of the Bonds being redeemed, if the names and addresses of such holders have been recorded with the Town Clerk, at least thirty (30} days prior to the redemption date: (Form of Notice} NOTICE OF PARTIAL REDEMPTION OF TOWN OF VAIL, COLORADO .STREET IMPROVEMENT DISTRICT N0. 1 LOCAL IMPROVEMENT BONDS, SERIES OCTOBER 1, 1976 NOTICE IS HEREBY GIVEN that the Tawn Council of the Town of Vail, Colorado, has exercised its option to redeem bonds numbered 57 to 85 of the above--designated issue, in the denomination of $5,000.00 each, aggregating $145,000.00 in the principal amount, prior ~~_ Resolution No. 2T • ~ . -. Page 3 to their *naturity elate, on OctobE~r l,. 1980, at a redemption price consisting of the principal. artoYxnt of each bona so redeemed plus accrued interest thereon to sand redemption date. On said redemption date there will become due and payable in lawful money of the United States of America, without deduction for exchange or collection charges, for each of the above-designated bonds of the above-designated series, at United Bank of Denver National Association, Denver, Colorado, the principal amount of each such bond plus accrued interest thereon to said redemption date, and from and of ter said redemption date interest thereon will cease to accure. Each such bond will be redeemed on ar of ter said redemption date upon presentation and surrender of such bond, accompanied by all of its coupons for interest maturing after said data, by the payment of the principal amount thereof. Any coupons appurtenant to such bonds for interest payable on or before the designated redemption date may be attached to such bond for the payment of accured interest to said redemption date with the payment of such principal, or such coupons, if detached from any such bond by its holder, may be presented separately for payment in the usual. course. DATED at Vail, Colorado this :..~.-lc-~. day of August, 1980. TOWN OF VAIL, COLORADO .' ~ ~'~I Town Clerk (S E A L} Publish in the Vail Trail Publish on August ,~-s „~„ 1980 Section 4. Ail actions not inconsistent with the provisions of this resolution, heretofore taken by the officers of the Town, whether elected or appointed, directed towards the redemption of the Bonds as hereinbefore provided are hereby ratified, approved and confirmed. • • • Re<~olution No. 2]: Page 4 >ection 5. All resolutions, or parts thereof, in conflict with: this resolution are hereby repealed, except that this repealer sl~aall not be construed to revive any resolution, or part thereof, heretofore repealed. Section 6. If any section, paragraph, clause or provision of this resolution shall for any reason be held to be invalid ar unenforceable, the invalidity or ~.znenforceability of such section, paragraph, clause ar provision shall not affect any of the remaining sections, paragraphs, clauses or provisions of this resolution. Section 7. This resoluta.on shall. take effect immediately upon its adoption. TNTRODUCTED, READ, APPROVED AND ADOPTED this 19th day of August, 1980. ,~ ATTEST: /~',c To n Clerk r _~ • • ~ U 3 n' X~ ~~ Y~' 2 y e 'C W tf1 ~ r ~~ ~ C m ~ a Q Q- 0 0 Q Q Q 0 ~ O N~ T ~p ~,O Q fl ~ ~ fl O ~ D ~ ~p O ~~ C, `° -+ ~y ~ R N .~ L• m o Q cC D m CJ ~ ~ O a \ ~ \~ ~~ Q Q 0 a Q. ~ ff a N ~- ~ ~ i fl ~ ~ ~ ~ ~ fl ~ ~ ~ ~ m ,~ ~, n. ~ i Q fl O ~ ~. ~ [ 4 O Q ~ ~ Cl~ _' C d p fl ~ ~ ~ ~Q ro c i ' ~ -~ ~ ~h 't7 c m ~ " N. ~ ~ e ~ ~ ~ z o D o Q ~ _ N ~ Q a ~ a I~ o 7 ~ m z (D Q ~ { Q fl { Q -F _ { ~ ~ C cD Q 3 -~ N Q ~ ~ rt cD a ° a 7 ~ Q~ ~ ~p ~O Q'D_~. Q ~ Q ~ ~.~ Q~ W ~ Q ~m~ ~ -~ ~ m Q m ~QQ o c Q. Q° ' ~ n~Q~ ~-~~ C; ~ ~ Q ~~ fi X -'-~ fl~ ~rn~C~Q~O ° ~ J ~ ~ ~ ° m~~~~~amm ~ - o=~°`Dm~~o 7 ~ O7~Q~~~C1~ 3 cps~~tpc~~Dn~ O(D~ ~ Cp s o ~cQm~.~~-c~~ p_~~cn7~!-p~«QO ~ n ~ _ p~p~47cDp~~ * i ~ ~ ~ fl `^ ~~~~ m ~~m~- '~~c \ z Q ~ ~ -, ~-~. ~- m ~ y ~ Q ~p~~Oan~D~nr ca p7~ 7 ~ Qp Cep ~ O fl...fQ~ + ~ y ~ Q~,.~ ~n~- D ~ ~ ma~D~~ r 3 ~ ~ j ~ N~ S.Q-O 4 ~ -+ ~ "' 7 ~ ~ ~ ~m( p ~ ( D O ~~~-fl~ N ' «~~,p p p ~~ O D M ~_ 7 . p ~ Q O Q ' ~ Q ~ ~ o~ m ° Q, { D~ ~ro ~ L ~ ~ (D ~~fl Q~ ~ ~ ro ~ ~ ?~~~~ ~ _, ~ ~~~cDCDp O~ ~ ~ w~Q~ ~p~ 3 Q Q ~ ~Q.oo=gyp 7~7'p O ~' C ~t (p ~ 4 (D p-~ Q ~. m-~ ~oQfl ~ Qo ~ O ID ~ O n ~ O r ~ O r D m 0 ~. O T r-- a ~1 .Z Pub Notice RES uT+aN No. R1 .' SKIM o} 1480 j A RESOLUTION E7(ERCISING THE OP710N j!! AND 08LtGATION OF THE TOWN COUNCIL TO REOEEM CERTAIN OF ITS TOWN OF VAIL, COLORADO, STREET IMPROVEMENT i DISTRICT ND. 1 LOCAL IMPROVEMENT BONDS, SERIES OF OCTOBER 1, 197fi, ~ PRIOR TO MATURITY, AND AUTHORIZING THE MAILING ANp PUBLICATION OF NOTICE THEREOF. i WHEREAS, pursuant to Ordinance No. 27, I Ser1Na of 1878, the Town Council has I fieralofgrs laauatl, soltl end delivered its Town a! Vell, Colorado Street Improvement Distract I No. t, Local Improvement Bontls, Series o1 ! October 1, 1874 tlated October 1, 1976, tlaled I October 1, 1878, kn the principal amount of 5540,pi>0 "Tha Bonds"); WHER~A5, Section S of said ordinance prgvldaa that whenever on any interest payment date there exist in the "Town of Vail, ColCrsdo. Street Improvement District Na. t, Loco! Improvement Bonds, Series of October 1, 1878, Bond and Interest Fund" ("Th8 Bond Fund") aufllelent funds exceeding six months' interest on the unpold balance at the bontls Issued and outatand ing, the Town Counci I mus; exercise Its option to retleem the bonds of the issue in regular numerical order to the extent possible at a price equal to the principal amount 01 each bond ~ so redeemed plus accrued Interest thereon to the redemption date; end WHEREAS, the Tawn GGuncil hereby finds that there exlsta in th8 Bond Fund the sum of St45,00D.00 exceeding six months' interest on the unpaid balance of the Bonds issued antl outstanding, sold sum being sufficient to redeem 29 of iha Bonds, in the tlenominahon of 55,000 each, aggregating $145.000.00 in .principal amount; NOW, THEREFORE BE tT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: SECTION 1. The Town Council hereby finds that there'exists in 1Re Bond Fund the sum o1 S1a5,000.00 exceeding six months' Interest on the unpaid balance 01 the Bonds issued and outstanding, said sum being sufficient fo redeem 28 of the Bonds, In the denomination of S5,000.00 each, aggregating $145,000.00 in principal amount. SECTION Z The Town Council hereby exercises Its optlonto.~redeem those Bonds •.numbered.57, to B5„In the denomination of ':'S5,a00a>a'''each; 'aggregating In principal •'amount, prlorto their maturitydata, on October 1, 1988, at the redemption price consisting of Fhe pflnClpel amOUnt Of each Bond so redeemed plus accrued Interest thereon to the redemption date, payable at United Bank of Denver Nation a! Association, Denver, Colorado, as provided more fully in thalorm at notice herainalter prescribed. SECTION 3. Tha Town Clerk shall cause a Notice o1 Partial Aetlemptlon in the Fallowing form to be published et least once in The Vail Troll and sent by fire!-class postage prepaid mail to the Rofdar 0! each o1 the Bonds being redeemed, if the names and addresses of such holders have bean recorded with the Town Clerk, at least thirty 130) days prior to the redemption date: {Form of Notices NOTICE OP PARTIAL REDEMPTION OF TOWN OF VAIL, OOLORADO STREET +MPROVEMENT D18TR1CT NO. t LOCAL IMPROVEMENT BONDS SER1E5 OCT08ER 1, 1876 NOTICE 18 HEREBY GIVEN That the Town Councl of the Town of Vall, Colorado, has exerelaed 1lagptign tq retleembantls numberetl 57 m 85 of the above-deslgnal0d beue, in the denomination of 55,000.00 each, aggregating 5145,000.00 In the principal amount, prior to their maturity date, on' October 1, 1888, at a redemption price Cgnsisting of the principal amount o} each band so redeemed ph:.~ accrued Interest tReredn ,tq said redemplio^ date. On sell redemption date there will become due and payable m lawful money of the United States of America, without deduction for exchange or Co110Ctlon C barges, for each of thv above-designated, bonds of the above- tlesignated aeries, at United Bank o1 Denver National Asaoclatlon, Denver, ,Colorado, thr principal amount of each such bond plus aeeruetl interest thereon to Bald redemption tlate, and from and after Bald redemption dare interest thereon well cease to accrue. Each such bond wilt be redeemed on or after said retlemptlon date upon presentation antl surrender of sucR bond, accompanied by aEi of its coupons far Interest maluri ng of ter said date, by the payman! of th8 principal amountthereof, Any coupons appurtenant to such bonds for Interest payable on or before the designates redemption date may be attached to such bond for lire ppaayment of accrued Interest to said redemption date with the payment of such principal, or aucR Coupons, If detached from any sucR bond by Ira holder, msy be presenfeC aeparataly for pa men! In the usual course. DATED at Vail, Colorado this 19th tlay c! Aupuel, 1880,' TOWN OF VAIL, GOLORAp6 Colleen M. I(line Town Clerk. (SEAL) Published In The Vail Trail On August 22, 1980 SECTION 4. Aq actions not inconsistent wilt, the pravlaiona of this resolution, heretolorc taken by the Oflrcars of the Town, whether elected or appointed, directed towards the redemption o1 tRe Bonds as hereinbefore provided are hereby refilled, approved and confirmetl. BEGTION 5. Afl res0lutlans, qr parts thereof, In conflict with this resolution are herehv repealed, except that Ehin repealer shall not he ConaVUed t0 revive any reSOlutiOn, Or par! thereof, heretolora repealetl. BEGTION 6. If anyaection, paragraph. clausr or provision of Ihts resolution shall tar any reason be h87d to be invalid of unenforceaClr. the InY0lidily Or uneMOYCeabll fly o1 such eectlon, paragraph, clause or provision sheik na! affect any o1 iha remaining section;;, paragraphs, clauses Or provisions of this resolution. SECTION 7. Thla resolution shalt lake effcc[ immetlletely upon its atloptign. INTRODUCED, READ, APPROVED AND ADOPTED this 19th day Of August, 1980. TOWN OF VAIL Rodney E. Slicer Mayor ATTEST: ' Cdleen M. Kline Town Clerk Published in The Vaif Trail ' on Augus9 22. 7980 • i - r-, ~, • • RESO~~UTION NO. ~~_~ Series of ].980 A RESOLUTION OF THE TOWN COUNCIL, OF THE TOWN OF VAIL, DESIGNATING THE VAIL FIRE PROTECTION DISTRICT, ITS AGENTS AND EMPLOYEES AS THE EMERGENCY RESPONSE AUTHORITY FOR THE TAKING OF EMERGENCY ACTION TO MINIMIZE THE EFFECTS OF A HAZARDOUS MATERIAL INCIDENT; AND, AUTHORIZING THE TOWN'S HEALTH O~FTCER TO ASSIST THE VAIL FIRE PROTECTION DISTRICT IN THE EMERGENCY RESPONSE. WHEREAS, Senate Bill No. 55, adapted in 19$4 by the General Assembly of the State of Colorado requires the Town to designate an Emergency Response Authority to take emergency action at the time of a hazardous materia]. incident; and, WHEREAS, the Vail Fire Protection District has agreed to act in such a capacity with assistance from the Town of Vail Health Officer; and NOW, THEREFORE, BE TT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Section 1. The Town Council hereby designates the Vail Fire Protection District, its agents and employees as the Emergency Response Authority for the Town of Vail for the taking of emergency action to minimize the effects of a hazardous material incident, and authorizing the Town's Health Officer to assist the Vail Fire Protection District in the emergency response. INTRODUCED, READ, APPROVED AND ADOPTED this ~ day of ~~~ , 19 8 4 . ~~t_~/ ~ . _ ayor f . ATTEST: ~ , //~// Town Clerk r ~~ ~ ' ~ t~ yr"3= 1, ~~_ f}~ .' ~ ~ ;, ~ ~ - ~ '. ~. } ... ._ si• -_.---.-..-....-~...... . ~.~._.___-_._ __.-.- -~_ . _.. ~~ _~ ._.. - -.. , '•\i a' 1211 YS. : ~ ~ l~ , tf ~`~`~' I ' ~ j I ,,J I ! { ?~ f '. Y i .~ t4 + ~k ~ ~ ~ i ~ : ~ ' I } I ~ 7 ~7 * r LLU ~ f ~ ~ ~ }ut "3~tnur;zr~ ~;et=zxltt#izsn ntt 11r4xtzls ztf i':~e ~ztttnt C~zssutz:il zt$ #Ite ezxlutt u~ 71ui1, Lulur~ziin, s.:~tsnsnrntlin~3 i]~E z>I'~:tr#,~ ztf ~"a~ztr x't-u arm ~ulltt ~. zlnttuu~ttt fur Fitt ~c<zr,u zaf z=rruiz:P #zt ~~I}e r-us:~:uttti#~ zx£ 1?t.il, L1211]r ili~tt. ~'ti~~.~~~, ~~11n ~. ~zsstztuttu lgtt,~ =;erurz] nn #I~P 1?7i1 c~zxum (~zxttnril fttr r'uttr#Ern ~ctzr~, Iutt;rr 3~1~tzit ~i,t~ zs#I~er sssertlter at£ #I~P CCntttz>:il; ~.tsa, ~J.~3:1`.'t~E~~,°a, ~zt1)n a~'. ~zutnuzttt l~tz~ Itsn~ ftPPn 2t tttt;t~tut-#rr u£ tt .w#rttFt~ rP>:rP~tiiun ~trugrnm I•ar re,uir~Ptt#zs uttc3 ~~'t~ifztr~: .utzl, ;~;~.~~, ~txl~tt x. z~.uttuuttn I~ti.~ ItPrn ~ lr~iiiin~ ~trzx~.~zit;rtt# lnr #1~P }utl:li>±'~s uzr~ui.ai#iutt of luntl ~z?r ~snt-ltzt ttttz~ rrzrr~#iztn ~srtt~aztz;P,u. ~7(~1] , ~.i~~.~~U ~ . ~ .:li. ~i'~-S{iJ~~'~1~ , +~1 ~-I~: 11:,:~~ c{~'~~ (~ C~~T(~~ rU~ t~i~ ~ ' {~~ 11.E f~ , CfCo~U3~sa(~ , ~:-;.~c; (1} c:(Ie iatttutt Ltluttcil ilrrrlt~ t:unnaPnr},u ~zz1ln ~. .f7.zxttztu~tt ~"ztr IIi~ ~.e~t1Pr~I}t~t tttttl •.lP~i,c~#iutt #zx in.uttritt3 #I~t? £u#ttrP of #4Ie c:ttuttt u~ ~hzi~.. (~} ~B ctit P3E~trPbStt[n of 11IP tt;~~xPZt~z#tztn u£ ',IFQ ~1eu}t.iE of #IIe c~.uttm tzf ~Jnil fnr leis titt}t~ur# ztf rez;re~z#'tun Iztta (~}~rn ~}znrE, iIIP c:uutn ~ttltCtl ~FrEbl~ i3P~tt3ltc~#P,8 #I)P rrr '7l#1~ ~ICt~lttrPlj ztttltltz: ,IJiIrIt it1 ~IjP ~xt#Erl~ttrtt Ursa tz~ ~n3~tt ~'. f j;.tnu~tzs ~~Ittrk. t:v~zsr / ~ V ~ ~ ~ ~~ c; t C.'i e rit Ir 5,~ :' \ s t 4 ~' : , ;r.lF r~1 `k ~'i • r ;~s~ •.,t f . { .,, • • RESOLUTION N0. y' ~"~~ Series of 1980 A SECONp RESOLUTION REGARDING THE PROPOSED ANNEXATION OF .~N AREA GENERALLY WEST OF THE TOWN OF' VAIL, COMPhONLY KNOWN AS WEST VIiIL, TO THE TOWN T~iROUGH AN ANNEXATION ELECTION • WHEREAS, Ott least forty qualified electors, who are resident in and landowners of the area proposed to be annexed, described in Exhibit A attached hereto and made a part hereof, which is situated in a county of less than twenty-five thousand inhabitants, filed a Petition for Annexation Election with the Town Clerk of the Town of Vail, hereinafter referred to as the "Town" which was referred to the Town Council on the 19th day of August 1.980. WHEREAS, in a public hearing on the 19th day of August, 1980, the Town Council of the Town cons.~.dered said election petition and found it to be in substantial compliance with the requirements of Section 31-12-107(2), Colorado Revised Statutes 1973, as amended, and enacted Resolution No. 20, Series of 1980, which set a second public hearing on said election petition at a public meeting of the Town Council on the 23rd day of September, 1.980, at 7:30 P.M., in the Municipal BuiJ.ding of the Town; and WHEREAS, the Town Clerk gave notice of the public hearing on said election petition to be held on the 23rd day of September, 1980, at 7:30 P.M., in accordance with Section 31-12-108(2), C.R.S. 1973, as amended. The notice, along with a copy of Resolution No.20, Series of 1980 were published in the Vail Trail, a newspaper of general circulation in the area proposed to be annexed, on August 22,29, September 5,12, & 19, 1980. The Town Clerk has received proof of publication of the required notice, and the certificate of publication is included in the records of the Town Clerk. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: (1) Findings of Fact. On the basis of competent evidence presented in the public hearing on the Petition for Annexation Election on • • Page 2 the 23rd day of September, 1980, at 7:30 P.M., the Town Council of the Tow~i of Vail, Colorado, finds and determines as follows: (a) That no less than one.-sixth of the aggregate external boundaries of the territory hereby proposed to be annexed to the Town of Vail is contiguous to the Tawn limits of the Town of Vail. (b} That a community of interest exists between the above described territory and the Town of Vail, and that the same is urban, or will be urbanized in the near future, and further that the said territory is integrated or is capable of being integrated into the Town of Vail. (c) That in establishing the boundaries of the above described territory, no land held in identical ownership, whether consisting of one tract or parcel of real estate or two ox' more contiguous tracts or parcels of real estate, has been divided into separate parts or parcels without the written consent of the landowner or landowners thereof, except and unless such tracts or parcels are already separated by a dedicated street, road, or other public way. (d) That in establishing the boundaries of the above described territory, no land held in identical ownership, whether consisting of one tract or parcel of real estate or two or more contiguous tracts or parcels of real estate comprising twenty acres or more which together with the buildings and improvements situated thereon, have an assessed valuation in excess of $200,000 for ad valorem tax purposes for the year next preceding the filing of .the within petition, has been included within the above described territory without the written consent of the landowner or landowners thereof. (e) That the above described territory does not include any area which is the same or substantially the same area in which an election for an annexation to the Town of Vail was held within the twelve months preceding the filing of this petition. .... (f} That the above described territory does not include • !~ - i Page 3 any area included in annexation proceedings i€~volving a municipality other than the Town of Vail. (g) That the above described '.erritory is not presently a part of any incorporated cit~.y, city and county, or town. (h) That the annexation of the proposed area will not detach area from any school district. (2) Conclusions and Determinations Based on findings of fact set forth in paragraph {2) hereof, the Town Council reaches the conclusions and makes the determinations as follows: {a) The requirements of the applicable parts of Sections 31-12-104 and 31-12-105, C.R.S. 1973, as amended, have been met with respect to the proposed annexation. {b) An annexation election. without the imposition of additional terms and conditions is required to determine the matter of the proposed annexation under Section 31-12--1fl7 (Z), C.R,S. 1973, as amended. (c) The Town of Vail, Colorado, shall file a petition r in the District Court in and for the Caunty of Eagle, State of Colorado, requesting the court to appoint three commissioners to call and hold an annexation election on November 4, 1980 to determine the matter of the proposed annexation in accordance with the Municipal Election Code, and after the election, if the majority of the votes cast is in favor of annexation, to enter an order that the territory proposed to be annexed may be annexed by the Town by ordinance. (3) This resolution shall take effect upon its adoption. INTRODTICED, READ, APPROVED, AND ADAPTED, this 23rd day of September, 1.980. ATTES ~~ ~- Town Clerk ` .. ,~ i~ ~ ~/ / .~ w- _ Mayor Pro ''i'em G (D ~ ~ o ~ ...~ 6 m ~ n ro o °- o ~ Q ~ Q Q O `° ~ O ~ ~ 0 '~ 6 r Q ~ '~ Q a ~ v :.~ .= cn C f} 3 O D v ,p O ~}4 \\ cfl ~m • • ~ ~ Q Q o a .~ ~ a.~o~o~oQ~~ -~ m fl~ Q ~r ~ y ro m ~Q~ Q ~ ~ ~; ~, ~ -- m y ~ ° ~ c ~ m ~Q°~o°pQ~-L~ 7 ~ ~ ~ Q p Op QQpyp~ ~ ~ ~ p o ~ ~ ~- ~ ° < m ~ Q~Q-°~m~~o ° cD~ J1 m~~Q ~6 ~ ~ Q Q O •2 ~ - ( D -„ ~; w O 7' Q (D ~ w 7 ~ (D ~ O~ ~' Q~ rt ~~~ fl }~ 6' ~ ~ ~ ~ omro~~ma~Q Q ~. D ~ ~ o ~ a ~ m p ..~ acQm -.xcp~ QQO~~N-{~.=.QO ~ C ~ ~p ~ O -.~ n (D OQQ~Q~QpQ~ ~ ' 7 ~ O --~ •o `` G ~ ? cD Q Q ~ Q ,~ S O m ~} Q~ Q ~ ~ ~ Q ~ ~ ~ D (~ ~/- `~ ~ ~ _ w - Q ~ ~ ~ O ~• y r V (V ~ Q- ~] ~ ll -h Q ~ ~- ~ ~' .c (p ~ _ Q Q ~~ S n Q ~ i_' ~S3 ~p O CL Q Q W N. __ Cl fl ~ ~ ~ 7 ~ C (D p -Q ~. ~ Fn 7 -~. 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Om~~ ~,~~~~$3 pnt ~~~~~ 3~ 3-a„-cvam`~3o°tl m5f ~ ~ °3 ~2oi~g., i QQ aZ~om~96r~mwci~m w~°S~mm~m ~»MNu m~~o CM' fA gg 73 p~ a/ gP/~0 ~`'Y` '•i~~~:= w.~~~ ,Q 1~ -1~ ~ir~.#y ~j~y "i s`M1 `?~ ~=~i.~~,~~$~ ~J ~~%~~w+~~OO~P ~0~~~~OSpa~t~ 6m ~~~~~s~~~'r b~_O e ']:''~:~4`~ „ap~~ 3AnP~B•'a~na~ ~3a a ~ ~g=~w^~.wLmRLg~..~~v~ 7 ~ '7'~~,'F. ~%: :., ~q q}F ~'mw ~Ei~ r ~Qgi~~~^ 30 ~j try-rS ". 4~• o 1 ~''~ 5 flo °F w 8_ ~e I o- ~s ~~3 ~_Cj Pn~ °'~~- ~my °~ ~ w ~3.~:°•i~ 1 ~' ` ii'~171nn0~; ~y u~ ya~~S~~~'n~' ~~~x~g~oG~a ~, 00~mo ~¢~ ~~~~ ~~.~. _f.` ~ty'~:: ^~7JD' ~ ~$M $S•7 fl=o-~~• we Bou° ~a •~ga w,.e how a 4 _ ^y 3np # s ~- _, X00. ~~~ ~° ~o~°~~(7 ~a ~'~~~''~~~$, Q 3a '~ ii-;~~~ •ad'c I-~i ~ '"< nyD ij' ~~Sg#~~°OC~~~ `33° aS..wa ~Q p~• ~a~. q~~~37. ~~ ~ ~ NCB ~ 33~~ma'~$~n~em8~ E..'N,~ ~m u ~o ma ~m~ mW7g~ romp $mo c o S'~n S~$°«ntn'$s =~v ~(~ r n~ n°• ~~o m'x duo ~~< 3zyyZ $ 3?~~'~_83a$R ~°~~ p2v~ wC~ :° =~a' mmn ~'U~3n ~^r gtlO 6~ ~~Qmv°-'`$°. tr~eap amu-n ::.`n 51'i aka ^o ~~ ~~g oc°-1~°~ O C R~ ~ O 0 0 r- ~ ~ m O N m -+ Q Q TI .•, O ~_ 0 Z ^~^ 1' ;~~~. ~ ,- ~~,~ D,,41~. kY::~,•. y~ •r ~ ,- RESOLUTION NO. 25 Series of 1980 A RE S OLU'P I ON OF THE TOZV'rd COUNC I L APPROVING THE TOS°~N' S LEASING OF CERTAIN EQUIPh~ENT; AUTHORIZING THE TCWN ItiIANAGER TO EXECUTE ALL LEASES, BILLS OF SALE .OR CTHEP~ DOCUMENTS TO FTNALTZI: SAID TRANSACTION; DIRECTING '~,HE TOWN CLERK TO ATTEST 'i'0 THE ~i,0~';N MANAGER ' S S I GNATURE Ai1D TO AFF I ~i THE SEAL OF THE TOWN TO ALL NECESSARY DOCUMENTS ~ ~- WHEREAS, the Town has agreed to the leasing plan with Colorado National Leasing, Tnc., a Colorado corporation, relating to a Chevrolet trump truck, John Deere 6440 Loader, John Deere 544B and Tram; and WHEREAS, the Town Council is of the opinion that the terms of said lease should be approved; and i10~'V, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VATL, COLORADO, THAT: Section 1.. The lease arrangement #55202, dated September 19, 19$0 between the Town of Vail and Colorado National Leasing, Inc., for the above-identified equipment is hereby approved. Section 2. The Town 14ianager is hereby authorised to execute for and on behalf of the Town all documents necessary to complete the within approved arrangement, including leases, Dills of sale and closing documents. Section 3. The Town Clerk is directed to attest to the signature of the Town Manager and to affix the seal of the Town to said documents. INTRODUCED, READ, APPROVED, AND ADOPTED, this 7th day of October , x.980. -----7 (~ ~- ~ ~, YMayor ~ ~.~ ATTEST: %~'~ Town Clerk `-` r • RESGLUTION X26-80 AN HnNORARY RESOLUTION OF THE `T'OWN OF VATL DESIGNATING OCTOBER 24, 1980, AS UNITED NATIONS DAY, WHEREAS, each year, October 24 is r~esigna.i~~d as "United Nations Day" by the United Nations General Assembly to commemorate the organization's founding on that date in ].974; and WHEREAS, United Nations Day provides an appropriate occasion for the peoples of the world to 3oin together in reaffirming their commitment to the principles upon which the UN was established---international peace and security, respect for human rights, and the promotion of social and economic cooperation between nations; and WHEREAS, the United Nations is a unique forum through which all nations can work together to solve common problems and international issues concerning the present and the future of the world; and WHEREAS, the United States of America has made a great contribution to the creation and continuing work of the United Nations; and WHEREAS, participation in the UN is an important part of our Country's foreign policy, providing a channel through which the United States can take productive action for world peace and prosperity; NOW, THEREFORE, the Town Council of the Town of Vail, State of .Colorado, does hereby proclaim October 24, 1980, as . ~ UNITED NATIONS DAY ,_ in the Town of Vail, and urge all residents to recognize the ,•. programs and activities designated to increase understanding of the problems and potentials of the UN and to help develop ideas on how to make the United Nations more effective. PASSED AND ADOPTED this 21st day of October, 1.980. ...._-) •, ~..~_ti IvYay o r r ATTEST: _~. ~ owri Clerk " S l~\' l4 ~~1= _~ .. • ~'~ ~ .r- Resolution No. ~7 Series of 1980 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF VATL, NAMING THE GORE VALLEY PRESERVA'I`TON CHAPTER OF THE EAGLE COUNTY HTS'.CORICAL SOCIETY AS THE ORGANIZATION INTERESTED IN THE PRESERVATION AND ENHANCEMENT OF HISTORICAL SITES, STRUCTURES, ARTIFACTS AND PICTURES; TO SERVE AS THE ADVISORY GROUP TO TE~~E TOWN COUNCIL ON HISTORY OF THE GORE VALLEY; AND TO INTERPRET THE HISTORY OF THE GORE VALLEY TO VISITORS AND RESIDENTS. WHEREAS, the Towr. Council considers that preserving the history of the Gore Valley is essential and wishes to have present and future residents and visitors understand and enjoy the history of the Valley; WHEREAS, the Town Council supports the preservation of historic sites, buildings, artifacts and pictures that will be identified by cri- teria established by the Gore Valley Preservation Chapter and the Town of Vail and updated annually; WHERE.~..S, the Gore Valley Preservation Chapter will serve as an advisory group to the Town Council and to the Planning and Environmental Commission; WHEREAS, the Gore Valley Preservation Chapter of the Eagle County Historical Society and the Town Council is commited to plan and develop an historic park in Gerald R. Ford Park and to work to restore historical structures in the park; WHEREAS, the Town of Vail and Gore Va11ey Preservation Chapter will assist in the maintenance and restoration of structures and artifacts in the Gore Valley; WHEREAS, the Gore Valley Preservation Chapter will serve as the main fund raising organization in the Gore Valley in order to achieve these objectives; WHEREAS, the Gore Valley Preservation Chapter will carry on continuing research into the history of the Gore Valley; NOW, THEREFORE, BE IT RESOLVED BY THE TOWN OF VATL, COLORADO THAT: The Council and residents of the Town of Vail hereby establish the Gore Valley Preservation Chapter of the Eagle County Historical Society as the official advisory organization for historic preservation matters ~~ for the Gore Valley. ~ ; .~; -~ Mayor / i ATTE Town Clerk - .' i ~, RESOLUTION NO. 28 Series of 198 A RESOLUTIO~tV OF THE TOWN COUNCT.L ACCE'r`I'ZNG A GIFT OF A CERTAIN PARCEL 0~' PrtOPERTY FROM CALEB B. HURTT Ae1D MARYAN HURTT FOR IIIKF PATH PURPOSES; APPROVING THE CONDITIONS THEREFOR;; DrRECTING 7HE TOWN MANAGER TO ENTER INTO ANY CONTRACTS, DEEDS OR INSTRUMENTS NECESSARY TO THE COMPLETION OF THIS TRANSACTION; AND AUTHORIZING THE TOWN CLERK TO ATTEST TO SAID EXECUTION AND TO AFFIX THE SEAL OF THE TOWN THEREON. WHEREAS, the Town needs to extend its bike path across the Hurtt`s property; and WHEREAS, the Hurtts have agreed to make a gift to the Town of the property necessary far the extension of the bike path, upon certain conditions, and WHEREAS, the Town Council is of the opinion that the gift should be accepted and the conditions approved; NOW, THEREFORE, HE TT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: (1} The proposal by Caleb B. Hurtt and Maryan Hurtt to make a gift to the Town of Vail of a parcel of property across Lot 9, Vail Village Second Filing for bike path purposes is hereby ac- cepted. The following conditions are hereby approved: (a) The property will be used for pedestrian and bicycle purposes only; (b) The Tawn shall obtain, at its expense, a sur- vey of Lot 9, Vail Village Second Filing, including a metes and bounds description of the property. Said survey shall include the staking of the corners of the property given and Lot 9, and a map thereof; (c} The Town shall obtain, at its expense an ap- praisal of the value of the gifted property by a qualified MAI ap- praiser; (d) The survey required in {b} above shall be com- pleted on or before July 1, 1981; and the appraisal required in (c} above shall be completed on or before February 15, 1981; r ~ !~ (e) The Town and the Hurtts agree that Loot 9 is coned (R}f providing for a duplex thereon, and that this gift sha1~. not affect or reduce the GRFA allowed for said duplex; and (f) The Hurtt~s shall convey the gift property to the Town by good and sufficient warranty deed delivering the property free and clear of all liens and encumbrances. (2) The Town Manager is director and authorized to exe- cute for and on behalf of the Town all agreements, deeds or in- struments necessary to complete this transaction. The Town Clerk is authorized to attest to said execution and to affix the seal of the Town to the same. INTRODUCED, READ AND ADOPTED this l6th day of December, 198U. ~ ~ ~ ,~ >~ Mayor , !/ ATTESTl• .~ Tow Clerk -2- ~ t~ Im~~o of nail =s-ao ~+n ~anur~cr~ ~eaaln#ian of #I~e c;autn L~aunriX, c;az~n of ~Jtti1, e~}sre:~uin~ #~p a~s~areria#ian of #l~e G~aun~cil, far i#.~elf and an re.~rrnen#tt#iuea of #~e ri#i~ens z~f #I~e c;n~un far #~e ~a~erut~ce of ~uun~cilm~em~ser ~~dU~ ~(~~Ifil.~l#1T #,s #~e Damn r:f 1JaiI, ~~zlarndn. ~1]~~~t~~l$, nun=ilm~em#rer Srz~## ~a.~man urrued iui#1~ dig#inr#ian szn #!~r ~Tai1 c;n~un Launril frz~m ~u~uu# 1~7~ tF~rzzugl~ ~1nuEmla,er, 1~~~, and, ~~~~~~, bra## ~a~mnn ;eErued iui#4~ dia#inr#iun un #l~~e c;a~un of yail ~SLannin~ and ~nuiranmen#a1 Lammi~aian, and, ~I~~~~3~~, bra## ~ngman f#ttu green an aduu~ca#e of #4~Q ~re,~erutt#iun and nr~ui~i#iun ~tf .~ar~Iandn, ~reenlzelt and ~a~en ~~rare, anzl, ~1I~~$~3~£, ~ru## ~u~smnn I~a~a ran#rihu#ed #avrar~:n re~a~rxtnailrl,e ~rnm#l~ mana~emen# of #~e (5are ~lalle~, nnd, ~l~~iZ~~1sS, ~,~a## ~a~zman may a maTar adusr~ta#e far #t}r deuelrr~smen# ~tf ern~rlar~eP hau~in~ ~rru;eE#a, and, ~l~~~i~3~~, $r<a## ~a~zman tau kern a ranarien#iana Leader in main#aining fi.~ral rsa~sanailrili#~ far muniri~a# ~auernmen#. N(~1I1. %~~~t~~(~~t~, ~i~ 3e 3t~~L~~.ll~i7, ~~~le c;~~ %C??:li~ L(~~I'~~.:f~ d~ c;ii~ c?(~31i~ (~~ 71~~~, L(~~(~R3~~(~. ~~~~~~ ~;f~TiZ~~S£S :~c~,-a $3~VL~~~ ~1~~I~~~3~tc~,3(~~1 f~3.11i1 (~~~c:3~iiz~~ c:(~ ~LC~ec: ~(~~~I~~ ~'U~t 3n#rszdur;ed, read. a}r.~rraued and adu~#ed #l~i~ end dag of t~erem3ser, l~~Ii. ~~~ 0~~ ~Itt~ar J ~,rJ / 1 ~1uc;~$L r ~ : r ~~~~~-. ~ L ~ e r n `' : ~~~:~.. ~ ~ i