HomeMy WebLinkAbout1972-13 Authorizing the TOV to Lease Certain Private Property within the TOV to be used as Municipal Parking Facility
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ORDI NANCE NO. 13
Series of 1972
AN ORDINANCE AUTHORIZING THE TOWN OF VAIL TO
LEASE CERTAIN PRIVATE PROPERTY WITHIN THE
TOWN OF VAIL TO BE USED AS A MUNICIPAL PARKING
FACILITY; DETERMINING THAT SAID REAL PROPERTY
SHOULD BE EXEMPT FROM ALL AD VALOREM REAL
PROPERTY TAXES; AND SETTING FORTH MATTERS
AND DETAILS IN RELATION THERETO.
WHEREAS, the Town Council for 'the Town of Vail has determined
that there is a serious need for municipal parking Facilities within the
Town of Vail to serve the residents of same as well as visitors to the
community; and
WHEREAS, Kaiser E, Morcus is the owner of certain real
estate within the Town of Vaii and has offered to lease same For the
purposes of providing parking Facilities; and
WHEREAS, the Town of Vail and Kaiser E, Morcus have entered
into a certain lease agreement, leasing the subject property 'to the Town
of Vail for municipal parking purposes;
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL
FOR THE TOWN OF VAIL, COLORADO:
Section 1 . That certain lease agreement dated the twenty-first
day of September, 1972, between Kaiser E, Morcus, lessor, and the
Town of Vail, lessee, leasing a part of lots G and H, amended map of
Sheet 1 of 2, Vail Village Second Filing, Town of Vail, County of Eagle,
State of Colorado, is hereby approved and ratified by this ordinance in
accordance with the provisions of Colorado Revised Statutes (1963)
139-61-1 , As amended,
Section 2. There is Further authorized the expenditure of $10.00
as the full and complete rental payment for the term commencing
November 1, 1972, and terminating April 30, 1973.
Section 3. The subject property described in said lease agreement
shall be exempt from ail ad valorem real property taxes and a copy of
this ordinance shall be duly cer~tiFied to the office oF'the Eagle County
Assessor ,
INTRODUCED, READ, AND ORDERED PUBLISHED this 3rd
day of October, 1972 ,
Mayor
ATTEST:
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Town Clerk
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INTRODUCED, PASSED ON SECOND READING, ADOPTED AND
ORDERED PUBLISHED this seventeenth day oP October, 1972.
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Mayor
ATTEST:
Town Clerk
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