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HomeMy WebLinkAbout2014-16 Approval of the Purchase of Unit 11 Vail Heights CondosRESOLUTION NO. 16 Series of 2014 A RESOLUTION APPROVING THE PURCHASE OF PROPERTY IN THE TOWN OF VAIL LEGALLY DESCRIBED AS UNIT 11, VAIL HEIGHTS CONDOMINIUMS, EAGLE COUNTY, COLORADO WITH A PHYSICAL ADDRESS OF 2079 CHAMONIX LANE NO. 11, 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 a home rule municipal corporation duly organized and existing under the laws of the State of Colorado and the Town 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 the property legally described as Unit 11, Vail Heights Condominiums, Eagle County, Colorado with a physical address of 2079 Chamonix Lane No. 11, Vail, Colorado (the "Property"); and WHEREAS, the Council's approval of this Resolution No. 16, Series of 2014 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 price of the Property is hereby approved by the Council at the purchase price of $196,500 plus the cost of approved capital improvements. 2. The Town Manager is hereby authorized on behalf of the Town to take whatever steps necessary to complete the purchase of the Property. 3. This Resolution shall be effective immediately upon adoption. INTRODUCED, READ, APPROVED AND ADOPTEQ4" 6th day of May, 2014. P. Daly, MayoyTown of Resolution No. 16, Series of 2014 Page 1 of 1