HomeMy WebLinkAbout2009-21 Approving the Purchas of Property Gore Range Condo II unit 2-W :
RESOLUTION NO. 21
Series of 2009
A RESOLUTION APPROVING THE PURCHASE OF PROPERTY IN THE TOWN OF VAIL
LEGALLY DESCRIBED AS GORE RANGE CONDO II UNIT #2 -W, EAGLE COUNTY,
COLORADO WITH A PHYSICAL ADDRESS OF 2189 CHAMONIX LANE, VAIL COLORADO;
AND SETTING FORTH DETAILS IN REGARD THERETO.
WHEREAS, the Town of Vail (the "Town "), in the County of Eagle and State of Colorado is
i a home rule municipal corporation duly organized and existing under the laws of the State of
Colorado and the Town Charter (the "Charter"); and
WHEREAS, the members of the Town Council of the Town (the "Council" ) have been duly
elected and qualified; and
WHEREAS, the Town has budgeted $500,000 for the buy down of existing dwelling units in
the Town of Vail; and
WHEREAS, the Town buys down existing dwelling units for the purpose of establishing
permanent employee housing units; and
WHEREAS, the Town will be using these funds to purchase the proposed unit; and
WHEREAS, the Council considers it in the interest of the public health, safety and welfare
to purchase property legally described as Gore Range Condo II Unit #2 -W, Eagle County,
Colorado with a physical address of 2189 Chamonix Lane, Vail Colorado (the "Property "); and
WHEREAS, the Council's approval of this Resolution No. 21, Series of 2009, is required to
purchase the Property.
NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF
VAIL, COLORADO THAT:
1. The purchase of the Property is hereby approved by the Council at the maximum
purchase price of $280,000.00.
2. The Town Manager is hereby authorized to execute, on behalf of the Town, an
agreement to purchase the Property and to take whatever steps are necessary to
complete the purchase of the Property.
3. This resolution shall take effect immediately upon its passage.
INTRODUCED, PASSED AND ADOPTED at a regular meeting of the Town Council
of the Town of Vail held this 4th day of August, 2009.
Dick v and,
Mayor of the Town of Vail, Colorado
A OF
L
orel Donaldson, k
SEAL
To Clerk
Resolution No. 21, Series of 2009 CO •....!•��••
CORD