HomeMy WebLinkAbout1973-17 Ratifying and Approving a Settlement in Civil Action No. 1958 in the District Court relating to the condemnation and acquisition of certain real estate in the TOVf
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ORDINANCE NO. 17
Series of 1973
AN ORDINANCE RATIFYING AND APPROVING A SETTLE-
MENT IN CIVI L ACTION NO. 1958 IN THE DISTRICT COURT
IN AND FOR THE COUNTY OF EAGLE, STATE OF COLORED O
REI._ATING TO THE CONDEMNATION AND ACQUISITION OF
CERTAIN REAL ESTATE WITHIN THE TOWN OF VAIL;
AUTHORIZING THE EXPENDITURE OF FUNDS UPON CERTAIN
CONDITIONS AND THE DISBURSEMENT OF SAID FUNDS IN
EXCHANGE FOR A CONVEYANCE OF REAL ESTATE; AND
SETTII~IG FORTH MATTERS AND DETAILS IN RELATION
THERETO.
WHEREAS, the Town of Vai[ enacted Ordinance No, 6, Series
of 1973, on or about the 2Qth day of March, 1973, authorizing the condemna-
tion of certain real estate therein described For municipal purposes; and
WHEREAS, the Town of Vail as Petitioner duly filed a petition on
or about April 13, 1973, in the District Court for the County of Eagle for
the purpose of condemning the subject real estate; and
WHEREAS, the Town of Vail and the owners of the subject real
estate have negotiated in good faith a settlement of the case involving
condemnation of the subject property and have arrived at a valuation of
the property which is fair and acceptable both to the Town of Vail and
the owners of the property;
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL
FOR THE TOWN OF VAI L THAT:
SECTION 1 . Ratification of Stipulation and Agreement.
The Town Council hereby ratifies and approves a Stipu lotion and
Agreement, dated September 17, 1973, entered into between the Town
of Vail and Manor Vail Development Co., a Colorado corporation,
Leave [l Development Corporation, a De laware corporation, and Leave l l--
Manor Vail, a Joint Venture. The Town Council further authorizes the
filing of said Stipulation and Agreement in the District Court for the
County of Eagle, State of Colorado, to be approved by the judge aF said
court and made a part of the official court records in Civil Action No. 1958.
SECTION 2. Authorization for Expenditure of Funds.
The Tawn Council approves the expenditure of funds in accordance
with said Stipulation and Agreement and authorizes the expenditure of such
funds far the acquisition of the real estate described in Ordinance No. 6,
Series of 1973. The authorization for any expenditure is specifically
contingent upon the occurrence of the following events:
a. The passage and approval of a sales tax question submitted
to the electors of the Town of Vail at a special municipal
election to be held an September 25, 1973.
b . The passage and approva [ by the electors of the Town of Vai l
of the question of real estate acquisition bonds (for acquiring the
subject rea! estate) submitted at a special municipal election
to be held on September 25, 1973.
c. The successful underwriting of the subject municipal bonds.
SECTION 3. Severability.
IF any part, section, subsection, sentence, clause or phrase of this
ordinance is for any reason held to be invalid, such decision shall not aFFect
the validity of the remaining portions of this ordinance; and the Town Council
for the Town of Vail hereby declares it would have passed this ordinance
and each part, section, subsection, sentence, clause or phrase thereof,
irrespective of the Fact that any one or more parts, sections, subsections,
sentences, clauses or phrases be declared invalid.
INTRODUCED, READ, APPROVED AND ORDERED PUBLISHED
this eighteenth day of September, 1973.
TOWN OF VAIL
- - ~- .1,.
Mayor
,~
` ~.
~,
ATTEST:
i
,,
Town Clerk
INTRODUCED, READ, ADOPTED AND ORDERED PUBLISHED
this second day of October, '1973.
ATTEST:
Town Clerk
Page 2
TOWN OF VAi L
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PROOF OF PUBLICATION
STATE OF COLORADO )
) ~-
COUNTY OF EAGLE )
I, f'~L~! -..~x•Ix da wlamRly swmr that I am
the'~0.15 ~ ME:2• of THE VAIL TRAIL; that the same Is a weekly newspaper
printed, in while ar in part and publisbed in the County v[ Este, State of
Coorado, and has a general circulation therein; that lisld newspaper bas been
published continuously and uninterruptedly in said County of EsQle fox a period of
mare than fifty-two conrecutive weeks next prior to the prat publkation of the
annexed legal notice or advertisement; that said aew~aper has been admitted to
the United States mails ails second-class matter under the provlsiow of the Act of
March $, 1879, or any amendments thereof, and that said newspaper i$ a weekly
,,,,raper duly quali5ed for publishitlg legal noticesand advertisamentswithiR the
meaning of the laws o[ the State of Colorado.
That the annexed legal notice or advertisement was publisbed in the legldar and
entire issue of every number o[ said weekly newspaper [or the period of
consecutive iasertloa f and that the fuel pubicatioa of acid notice was in the isrite
of said Rewspaper dated S~T~I1APS~ ~-~ A.D. 19~,, and that the Isst
publication of said notice was. in the iatsue o[ said ttewapeper dated
S ~PTErbt43E.i~. ~l A.D. 19~
!n witness whereof 1 have hereunto set my hand this ¢~'~ day o[
5~'P7~7~tC~~EfC A-D.19~ ~)
Subscribed and sworn to be[ore me, a notary public t'"e and for the Coufn'tyy'o~e fy (Ee agie,
State of Colorado, this day of A.D. 19 7~
N
My Commission expires __._.L.~dred~u /~i 19„2s~
ry
~'.
A publ c~itariny talfN 6a hold
~' on t114%Irn4lowky'~nNhann
' , on Tnetalt4y,Q ..., , 2~ t~73,
at 111e ltttylr p~,r,~~ ncfock~
p.Rn. In ~Ita GOUtic ,Ro~i of
tha.~Vall5ltlunk fsu lny.
'~1'+bR'bfryMNC~lf~l'
.'rs:.~ r~a.rlsdsaib3 :sin
,z aytN ORDlbWratya!.4tj11TIFt[IrIG
DANA APPRDVIN~ A SE'rfiLE-
~; {,.LtENT tN~ C.t1/,t . NO.
~, µ46611EA15'17 t1RT
JJ1I~~ ANQ ~ ~JflT OF"1,
- `~1ALE, F C L0.
I RADO R T~~- fiHE _
~, f PpND1dt14/tirfOly~ ~ dta1A. ' AC-
U151T10N OF fATAIN REAL
} s~TATE WITt~ ~TN$'TOWN
Ol<YAILI Ax'b1a~R1E4NO'THE
lXPENOITURE OF FUNDS
'~~JVDh 6ERTAIN COND1740 N5
. - ANa THE D15/URIC-"MENT OF
~ aiAID FUNDS fN ~1(CpiNOE
>-~KOR A CONViSAMGE 41F
- REAL asraTE: ANa sErrlwa
FORTH MATTERS ANa aE-
TAILS IN RELATION TtIERj!-
TO. l
WHEREASe :tfir 'rbYttn of Val!
ud t~dinanc! ~ND. 6, Serils of
~1a73, ot1 u'pbput tM 2ltlh day Of
arch, 1973; aYtllOflxin9 ftle con.
Illerettutiph M cMtsln rrl estaM
n rlbed for rttuniupal
W laal d t1M l`own 4T Vall u
talatFiloipY ly Thad a pelitlow on ar
,about Ap.N1,13, 1973, in the aistrkt
R7Wtt pM !lA! County Of Fapte for thr
pYrpOY ,pi condambutq the wblect
rrF snits; ertd ~ ''r- • "
tiIHER1a~, fete Town of VIII antl
+the asxtari of the wpjact trl estate
:~hava rtegotlated !n food filth a
~~ ritlemMt of tM C!r Involrinp
iAndemnatlon or the suD]ett prcpar-
tatd;~ ~ ~ H a ryDatiott~,bt-
'1j 1 . ' ~pMth h a1r and
. ~ both to the Town o! Val!
j m. elJrlws.ae th! trrolwrhrt-`
~rpaW,' THEREIFORE, sE IT
i IL~FOR fi~T EETOWN-_OF WA L
7HATe - +-
SECTION 1. RattRtalloo-pf 5tlpplM
'~ lion and A9rrment.
•The flown Council hereby ritMlH
~lrrd ~ lPpravef a StIPWlatlpn And
~A9rrment, doled WpbmWr 7,
1973, entered into brtwrn the
Town Of VNI and Manor VNI
DayelopmMt CO.,~Re CWDrado eorp0-
ratipn, LNWII Dev .p~Vment Corpora•
lion, a Ollawpre aorlaeratbn, and
LrvNl-Manor YNI, ^ Jrx~t VenWn.
The Town Council further authorlxes
the }Ring at Yfd Stlp4latlon and
A,grrlllMt in pM 111sVVCt COUR for
th! County . of Eagll, State o
Golored0, to be approwtl by me
Janos of aaltl couR Intl made a pert
of (Fla offlCNt cdgrt records In Clval.
Action No.;95a.
SECTION 2. Authorlxalion for
F-xpendllurp Of Funds.
Tne Town Council approves the
expMtllture of 'lands In sccordanG
Wltn Yltl Stlpulitipn and AgrNmant
and autharlxla the lxpendltur! of
spch funds for the lcousltlon of the
IYI rtat! described in Ordanarwe
No. 6, 5erles of 1973. Tne
authprWtlbn fm anY lxpendlture Is
speclitcally contingent upon the
occmren4 oT'the following vents:
a. Tha passage and approval of p
YIaS tax 4uestlOn submlttltl tp
xna electors of th! town at Vah
at a special munlclaai election to
6e hNd on Saptpmbar 25, 1979.
b. TM onstage and appYbvN DY
the NeGtorp of th! Town of VNf
of the glMation of rut spate
acqukdtfon bondf (for acqulranq
... m! pubject rrl spate] submlttW ^•~~
at a special muniNpll elktton to
b held on SePlemWr 2S, 1979.
a Th! wccrsful underwrlting Of
the suDfect munlcaPaa pondf.
SECTION 3: 56Wraballty.
tt any Pant. retlem, aubeaeNDn,'~
Yntence, clau/a er PhraY of .this
-ortllnanlA Is fpr lny rrton held tp be._
invaaW, riltn daCYf;ln shall nqt ATfect
the vagdity of the remalninp portions'
of this ortllnanct] and the Town
Council for the Town of Vau hereby
deClarr It would haW pasYd th#f
ordlnanG and each part, aaetlpn,
fubfactlOn, rntanal, [:eause OryhraY
thenpf, irrespeetlW of the fact Mat
any one Or. more parts, YetlOns,
fupfpctlpnf, fpntenCaf._gaYreS Ar
phrases tN declMW nlvelld.
INTRODUCED, READ, '~ AP-
PROVED ANO ORaEREo PUB-
Ll5F1E0 this H9htrnth day of
Septem Der, 1979. t
-~ ,TOWN OF~VAIL'
By: Mayor John A. aobson
ATTESTS
Linda R. Hag ..
Town Clerk
PuDllshsd fn the Vslt Troll an
'.5eptembeY 21, 7973. b- ._,,,~ -