HomeMy WebLinkAbout2010-20 Approving the Purchase of Real Property in TOV Lot 9, Blcok 2, Vail/Potato Patch RESOLUTION NO. 20
Series of 2010
A RESOLUTION APPROVING THE PURCHASE OF REAL PROPERTY IN THE TOWN OF VAIL
LEGALLY DESCRIBED AS A PART OF LOT 9, BLOCK 2, VAIL/POTATO PATCH ACCORDING
TO THE MAP THEREOF RECORDED AT RECEPTION NO. 129527, IN THE OFFICE OF THE
EAGLE COUNTY, COLORADO, CLERK AND RECORDER; AND SETTING FORTH DETAILS IN
REGARD THERETO.
WHEREAS, the Town of Vail (the "Town "), in the County of Eagle and State of Colorado is
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 Council considers it in the interest of the public health, safety and welfare
to purchase property legally described as A Part of Lot 9, Block 2, Vail /Potato Patch, according to
the map thereof recorded at Reception No. 129527, in the office of the Eagle County, Colorado,
Clerk and Recorder, and more particularly described in Exhibit A , attached hereto and incorporated
herein by this reference (the "Property"); and
WHEREAS, the Council's approval of this Resolution No. 20, Series of 2010, 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 $350,000.00.
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 20 day of July, 2010.
Dick Cleveland,
Mayor of the Town of Vail, Colorado
A T:
rele' Donaldson,
To Clerk
ApO.
Resolution No. 20, Series of 2010
f
a
Exhibit "A"
PROPERTY DESCRIPTION
A part of Lot 9, Block 2, Vail/Potato Patch according to the map thereof recorded at
Reception No. 129527, in the office of the Eagle County, Colorado, Clerk and Recorder,
described as follows:
Beginning at the southwest corner of said Lot 9, also being a point on the northerly right
of way of Interstate Highway No. 70; thence along the west line of said Lot 9, N05
30'01 "W 174.19 feet to a westerly angle point of the Fourth Supplemental Condominium
Map To Sun Vail Condominiums as recorded in the office of the Eagle County,
Colorado, Clerk and Recorder; thence departing said westerly line and along the
southwesterly line of said Fourth Supplemental Condominium Map To Sun Vail
Condominiums the following three courses: 1) S62 51'25 "E 62.03 feet; 2) S45 40'50 "E
17.53 feet; 3) S29 51'25 "E 89.80 feet to the southwesterly corner of said Fourth
Supplemental Condominium Map To Sun Vail Condominiums, also being a point on said
northerly right of way of Interstate Highway No. 70; thence along said right of way S60
08'35 "W 110.40 feet to the point of beginning, containing 0.244 acres more or less.