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HomeMy WebLinkAbout2015-02 Purchase Housing Unit_Vail Heights Condos #7RESOLUTION NO. 2 Series of 2015 A RESOLUTION APPROVING THE PURCHASE OF PROPERTY IN THE TOWN OF VAIL LEGALLY DESCRIBED AS UNIT 7, VAIL HEIGHTS CONDOMINIUMS PHASE III, EAGLE COUNTY, COLORADO WITH A PHYSICAL ADDRESS OF 2059 CHAMONIX LANE NO. 7, 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 Town collects fee in lieu dollars to create new deed restricted employee housing units in Vail; and WHEREAS, the Council considers it in the interest of the public health, safety and welfare to purchase the property legally described as Unit 7, Vail Heights Condominiums Phase III, Eagle County, Colorado with a physical address of 2059 Chamonix Lane No. 7, Vail, Colorado (the Property"); and WHEREAS, the Council's approval of this Resolution No. 2, Series of 2015, is required to purchase the Property. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO: 1. The purchase of the Property is hereby approved by the Council at the price of $200,000. 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 ADOPTED this 6th day of January, 2015. / ) aly, Mor, Town f Vail Page 1 of i