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HomeMy WebLinkAbout1980-30 To Contract an Indebtedness on Behalf of the Town of Vail By Issuing General Obligation Bonds for the Purpose of Defraying the Cost of Acquiring, Constructing, Installing, and Equipping a New Public Parking Facility• r_. ~.t ~~ ~ ~_ ~~ CERTIFIED RECORD OF PROCEEDINGS OF THE TOWN COUNCIL OF THE TOWN OF VAIL- COLORADO RELATING TO THE ISSUANCE OF ITS GENERAL DBLIGATION BONDS, SERIES NOVEMBER 1- 19$0 IN THE FRINCTPAL AMOUNT OF $7,000-040 BONDS DATED NOVEMBER 1, 1980 .. ~. h F '. !~ STATE OF COLORADO ) COUNTY OF EAGLE ) ss. TOWN OF VAIL ? ~~ ~~ The Town Council of the Town of Vail, Colorado, met in regular session at the Vail Municipal Building, Vail, Colorado, the regular meeting place thereof, on Tuesday, the 5th day of August, 1980, at the hour of 7:3Q p.m. The following members of the Town Council were present: Mayor: Council members: Rodney E. Slifer Paula Palmateer John Donavan Thomas Steinberg sill Wilto Scott Hopman Ron Todd The following members of the Town Council were absent: The following persons were also present: Town Manager: Town Director of Finance: Town Attorney: Town Clerk: Richard Caplan William pyka Lawrence C. Rider Colleen Kline Thereupon the following proceedings, among others, were had and taken : c,~, ,, Council Member ~v~-- ~ introduced and moved v the approval on first reading of the following Ordinance, which was read by title, sufficient copies having previously been made available to the Council and to the public: -2- • ~ ~ ~- ~ ~- ~~ ORDINANCE NO. ~~ SERIES OF 1980 AN ORDINANCE TO CONTRACT AN INDEBTEDNESS ON BEHALF OF THE TOWN OF VAIL, COLORADO, AND UPON THE CREDIT THEREOF, BY ISSUING GENERAL OBLIGATION BONDS OF THE TOWN IN THE PRINCIPAL AMOUNT OF $7,000,000 FOR THE PURPOSE OF DEFRAYING, IN WHOLE OR IN PART, THE COST OF ACQUIRING, CONSTRUCTING, INSTALLING AND EQUIPPING A NEW PUBLIC PARKING FACILITY WITHIN AND FOR THE TOWN AND TO REDEEM, PREPAY AND DISCHARGE CERTAIN CONSTRUCTION LOAN NOTES; PRESCRIBING THE FORM OF THE BONDS; PROVIDING FOR THE LEVY OF TAXES AND FOR THE APPLICATION OF SALES TAX REVENUES OF THE TOWN OF VAIL AND NET REVENUES OF THE NEW PUBLIC PARKING FACILITY TO PAY THE BONDS AND THE INTEREST THEREON; AND CALLING THE CONSTRUCTIDN LOAN NOTES FOR REDEMPTION. BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Section 1. Definitions and Construction. A. Definitions. In this Ordinance the following terms have the following respective meanings unless the context hereof clearly requires otherwise: (1) Additional Parity General Obligation Bonds. any general obligation bonds of the Town payable in whole or in part from Pledged Sales Tax Revenues, issued after the date hereof, in accordance with the provisions of this Ordinance, Prior Ordinances, and Ordinance No. ~4, Series of 1980 of the Town adopted and approved on January 18, 1980, and in accordance with the Charter and the Constitution and laws of the State, having a lien an the Pledged Sales Tax Revenues equal to or on ~ parity with the lien thereon of the Prior General Obligation Bonds and the Series November 1, 1980 Bonds and superior or senior to the lien on the Pledged Sales Tax Revenues of the Land Transfer Tax Anticipation Warrants and of any other Obligations of the Town payable ~. '~ -<~~' =~ or contemplated by the Tawn to be paid from the Capital Improvements ~~,, ~.,°' ~' ~ and Open Space Fund. ~, ~~ (2) Bonds or Series November 1, 1980 Bonds: the bonds issued hereunder and designated as the "Town of Vail, Colorado, General Obligation Bonds, Series November 1, 1960," dated November 1, 1980, in the aggregate principal amount of $7,000,000. (3) Bond Fund: the special fund created by Section 5C hereof. (4) Bond Purchase Agreement: the agreement to be entered into between the-Town and the Purchaser setting forth the details of the Bonds and the sale thereof by the Town to the Purchaser. -3- ~ ' ~~ ~. {s • .. • • {5) Capital Improvements and Open Space Fund: the special fund created and confirmed by Resolution No. 1, Series 1980, of the Town adopted by the Town Council on January 8, 1980, into which the Pledged Sales Tax Revenues are to be deposited. (6) Charter: the Home Rule Charter of the Town, approved by the electors of the Town an September 12, 1972, and filed in the office of the Colorado Secretary of State on September 15, 1972. (7) Construction Loan Notes: the notes issued pursuant to Ordiance No. 14, Series of 1980, as amended, and designated as the "Town of Vail, Colorado, Construction Loan Notes, Series May 1, 1980," dated May 1, 19$0, in the aggregate principal amount of $7,000,000. (B} Debt Service Requirements: the principal of, interest on, and any premiums due in connection with the redemption of the General Obligation Parity Bonds, the Construction Loan Notes, the Land Transfer Tax Anticipation Warrants and any other Obligations payable or contemplated by the Town to be paid, in whole or in part from the Capital Improvements and Open Space Fund, whether payable on a parity ar a subordinate basis to the Series November 1, 1980 Bonds, and heretofore or hereafter issued, if any, or such part of such Obligations as may be designated, as such principal, interest and premiums become due, whether due as a sinking fund installment as set forth in Section 3B(2) hereof or otherwise. (9} Escrow Agreement: the escrow agreement, dated as of November 1, 19$0, to be entered into between the Town and the Escrow Bank, with respect to the redemption, prepayment and discharge of the Construction Loan Notes. (10) Escrow Bank: Central Bank of Denver, in Denver, Colorado. (11} Escrow Fund: the escrow fund established in the Note Fund pursuant to the Escrow Agreement. (12) Federal Securities: bills, certificates of indebtedness, notes, bonds or similar securities which are direct obligations of, or the principal and interest of which obligations are unconditionally guaranteed by, the United States of America, or obligations issued or guaranteed as to principal and interest by any agency or person controlled or supervised by and acting as an instrumentality of the United States 'pursuant to authority granted by the congress of the United States. _~_ •~ ~~ •~ {13} Fiscal Year: the twelve (12} months commencing on the first day of January of any calendar year and ending on the thirty-first day of December of such calendar year or such other twelve (12) month period as may from time to time be designated by the Town Council as the Fiscal Year of the Town. (14) General Obligation Parity Bonds: the Prior General Obligation Bonds, the Series November 1, 1980 Bonds and Additional Parity General Obligation Bonds, which bonds have a lien on the Pledged Sales Tax Revenues superior or senior to the lien thereon of the Land Transfer Tax Anticipation Warrants or superior or senior to the lien on the Pledged Sales Tax Revenues of any other Obligations of the Tawn payable or contemplated by the Town to be paid from the Capital Improvements and Open Space Fund. (l5) Income: all income and revenues derived by the Town from the operation of the Project, whether Pram rentals, user fees, assess- meats, charges, investments of such income and revenues or otherwise. (l6) Land Transfer Tax Anticipation Warrants: those Obligations of the Town issued under Ordinance No. 4, Series of 1980 of the Town adopted and approved on January 18, 1980, designated as the "Town of Vail, Colorado, Land Transfer Tax Anticipation Warrants, Series 1980A," dated February 1, 1980, in the aggregate principal amount of $1,650,000 and any Additional Parity Warrants as defined in and issued pursuant to Ordinance No. 4, Series of 1980. 417) Net Pledged Revenues: all Income remaining after the deduction of Operation and Maintenance Expenses. (18) Non-parity General Obligation Bands: any general obligation bonds of the Town, issued after the date hereof, in accordance with the Charter and the Constitution and laws of the State, either not payable in whole or in part from Pledged Sales Tax Revenues or, if so payable, having a lien on Pledged Sales Tax Revenues subordinate to the lien thereon of General Obligation Parity Bands. {19) Note Fund: the fund established pursuant to Ordinance No. l4, Series of 1980, of the Town for the payment of the Debt Service Requirements of the Construction Loan Notes. {20) Obligation or Obligations: when used with reference to obligations of the Town, any warrant, bond, note, lease or other instrument of whatever form or legal nature issued or entered into by -5- •( ~ ~- r the Town or any other evidence of the advancement of money to the Town or the purchase, delivery, lease or the use of real or personal property by the Town for which the Town has promised to pay money, (21} pperation and Maintenance Expenses: in the event that the Town has any Income, such reasonable and necessary current expenses of the Town, paid or accrued, of operating, maintaining and repairing the Project as may be determined by the Town Council, and the term may include at the Town Council's option, except as limited by contract or otherwise limited by law, and without limiting the generality of the foregoing, the following: (a) Leg a1 and overhead expenses of the various departments of the Town directly related and reasonably allocable to the administration of the Project; (b) Fidelity bond and the insurance premiums appertaining to the Project or a reasonably allocable share of a premium of any blanket bond or policy pertaining to the Project; . (c} Contractual services, professional services, salaries, administrative expenses, and costs of labor appertaining to Project; (d) The cost incurred in the collection of all or any part of the Income; (e} Any costs of utility services furnished to the Project by the Town or otherwise. "operation and Maintenance Expenses" does not include: (i) Any allowance for depreciation; (ii} Any costs of reconstruction, improvements, extensions, or betterments; {iii} Any accumulation of reserves for capital replacements; {iv} Any reserves for operation, maintenance, or repair of the Project; (v) Any allowance for the redemption of the Bonds, or the ~• payment of any interest thereon; (vi) Any liabilities incurred in the acquisition or Improvement of any properties comprising the Project or any combination thereof; (vii) Any other ground of legal liability not based on contract. -6 -- • ~ ~~" ~ r ~~ , (22) Ordinance: this Ordinance No. , Series of 1980, of the Town, which provides far the issuance and delivery of the Series November 1, 1980 Bonds. {23) Ordinance No. 11: Ordinance No. 11, Series of 1973, of the Town authorized by the electors of the Town on September 25, 1973, and any supplements or amendments thereof. (24) Outstanding or outstanding: when used with reference to the General Obligation Parity Bonds, the Land Transfer Tax Anticipation Warrants or any other designated Obligations of the Town and as of any particular date, all the General Obligation Parity Bonds, the Land Transfer Tax Anticipation Warrants or any such other Obligations payable or contemplated by the Town to be paid, in whole or in part, from the Capital Improvements and Open Space Fund, whether payable on a parity or a subordinate basis to the Bonds, in any manner theretofore and thereupon being executed and delivered, except the following: (a) Any General Obligation Parity Bond, Land Transfer Tax Anticipation Warrant pr other Obligation cancelled by the Town, by the Paying Agent, or otherwise on the Town's behalf, at or before Such date {b) Any General Obligation Parity Bond, Land Transfer Tax Anticipation Warrant or other Obligation held by or on behalf of the Town; (c) Any General Obligation Parity Bond, Land Transfer Tax Anticipation Warrant or other Obligation of the Town for the payment or the redemption of which moneys or Federal Securities sufficient to meet all of the payment requirements of the principal of, the interest on, and any prior redemption premiums due in connection with such General Obligation Farity Bond, Land Transfer Tax Anticipation Warrant or other Oblig ation to the date of maturing or any redemption date thereof, shall have theretofore been deposited in escrow or in trust with a trust bank for that purpose, as provided in and required by Section 7 hereof; and (d) Any lost, apparently destroyed, or wrongfully taken General. Obligation Parity Bond, Land Transfer Tax Anticipation -7 -- ~~ 4 Warrant or other [31,] 1.gation o[: LE~c ']'own in lieu of ar. in ~;+ibsL:i.ttzt.ion for which another war+-~int, bond ar ot_lu~r Ol~l.if;ation 51+a 1.1 have been executed and dclivc:red E7ursurtnt to l:.lw. {25) i?ayinF; Az;cnt: Central ]sank of Denver, in Denver, Colorizdo, w3ticn is thc~ agent of the Town for the payment of thc~ Bonds. (26).Pledi;ed Sales Tax Revenues: The one-half of the gross receiiats collected by the Town from i.ts 4% Sa1.es Tax authorized Uy Ordinance No. 11 devoted to anal specifically earmarked by Ordinance No. 11 for the pur.Iaose of real estate acquisition and far. the acquisition, construction and equipping of buildings and facilities of the Tor~m (27) Prior General Obligation Bonds: The following Series of General Obligation Bonds of the Town: Series 1974, dated November 15, 1.974, in the original principal amount of $2,640,000 which issue refunded Series November 1, 1973; Series September 1, 197~~ in the original. principal amount of $300,000; Series 1976, dared November 1, 1976, in the original principal amount of $6,345,000 which issue refunded Series l~iarch 1, 1974, anal Series December 1, 1975; Series May 1, 1977, in the original principal amount of $450,000; and Series Decem'er 1, 1977, in the original principal amount of $2,350,000. {28} Prior Ordinances: The following ordinances of the Town: prdinance No. 19, Series of 1973; Ordinance No. 3, Series of .1974; Ordinance No. 21, Series of 1974; Ordinance No, 21., Series of 1975; Ordinance No. 24, Series of 1976; Ordinance No. 26, Series of 1.976; Ordinance No. 11, Series of 1977; and Ordinance Na. ;1, Series of 1977. (29) Project: The-acquisition, construction, installation and equipping of a new public parking facility within and for the Town, together with all necessary incidental and appurtenant. properties, structures, facilities, equ~,pment and costs, for which purpose the Bonds are issued; after said facility is constructed and. operation thereof begins, "Project" shall mean the operating public parking facility. (30} purchasers: Boettcher and Gampany shall have a first right to submit a proposal tq purchase the Bonds at a price and interest rate mutually agreed upon by Boettcher & Company and the Town. Should an agreement be reached, Boettcher and •Compar-y and the Town will execute a purchase agreement as prescribed i« Section 4,f1. Should an agreement not be reached, the Tow~~. retains the right to reject the offer to purchase and proceed wiCh an altern.-~tive sale. -$- .' (31) Sales Tax: the sales tax established by Ordinance No. 11 ugan the sale of tangible personal property at retail and the furnishing o~ services within the Tawn, in such percentage as set forth in Ordinance No. I1, or any supplements or amendments thereof. (32} Town; the Town of Vail, Coloradn. (33) Town Clerk: the de jure or de facto Tawn Cleric of the Town or his or her successor in functions, if any, (3~4} Town Council: the Town Council of the Town or any successor in functions thereto. B. Construction. This Ordinance, except where the context by clear implication herein otherwise requires, shall be construed as follows: (1} Wards in the singular number include the plural, and words in the plural include the singular . (2) Wards in the masculine gender include the feminine and the neuter, and when the sense so indicates wards of the neuter gender refer to any gender. (3) Articles, sections, subsections, paragraphs and subparagraphs mentioned by number, letter, or otherwise, correspond to the respective articles, sections, subsections, paragraphs and subparagraphs of this Ordinance sa numbered or otherwise so designated. {4) The titles and headlines applied to articles, sections and subsections of this Ordinance are inserted only as a matter of convenience and ease in reference and in no way define, or limit the scope or intent of, any provisions of this Ordinance. Section 2. Recitals; Authority. A. Authorizing Election. At a special election of the 'r.; qualified, registered electors of the Town, duly called and held on ;~... ' Tuesday, the 20th day of November, 1979, in accordance with law and pursuant to due notice, there was submitted to the electors of the Town the following question: "Shall the Town of Vail, Colorado, be authorized to issue its negotiable, interest bearing general obligation bonds in one series or more in an aggregate principal amount not to exceed $7,0Q0,Q00, or so much thereof as may be necessary, for the purpose of defraying, in whole or in part, the cost of acquiring, constructing, installing and equipping a new public parking facility within and for said Town, together with all necessary incidental and appurtenant properties, structures, facilities, _g_ 'r equipment and costs, such bonds to bear interest at a maximum net effective interest rate not exceeding 10 percent per annum, and to mature serially during a period of not more than 30 years from the date or respective dates of the bonds, such bonds to be payable from general ad valorem taxes and other funds legally available therefor, and such bands to be sold and issued at one time or from time to time, in such manner and amounts and upon such terms and conditions as the Town Council may later determine, including provisian.s for the redemption of bonds prior to maturity upon payment of a premium not exceeding 3 percent of the principal therenf7" As evidenced by the canvass of the returns of the November 20, 1979, election, more than a majority of the electors of the Town voting on the question set forth above voted in favor of issuing such bands. B. Sales Tax. Pursuant to Ordinance No. 11 there was submitted to the qualified, registered electors of the Town, at a special election held on the 25th day of September, 1973, the question of the imposition of a Sales Tax on the sale of tangible personal property at retail and the furnishing of services within the Town. As evidenced by the canvass of the returns of the September 25, 1973 special election, more than a majority of the electors of the Town eating on the sales tax question voted in favor of imposing the Sales Tax. C. Pledged Sales Tax Revenues. The Town Council of the Town has estimated and determined, and does hereby estimate and determine, that the principal maturing and the interest accruing on the Bonds and the Outstanding Prior General Qbligation Bands, can be met from revenues derived from sources other than general ad valorem property taxes, including, without limitation, the Pledged Sales Tax Revenues. D. Construction Loan Notes. Due to the general condition of the .. _~.: ; ;~.,.. . ¢: z long-term municipal band market, the Town was not able to issue and• sell, in April and May, 1980, long-term general obligation bonds at a maximum net effective interest rate less than or equal to ten percent • per annum, as authorized by the electors pursuant to the election described in Section 2A hereof . The Town had , however , entered into Contracts for the Project under which contracts substantial sums of money were payable in April and May, 1980, and the Tawn needed to construct the Project to be completed in time far use for the 1980-81 ski season. The Town, therefore, pursuant to the authority of the Colorado Constitution and Ordinance No. 14, Series, 1980, as amended, issued, sold and delivered the Construction Loan Notes to pay the -10- •s amounts payable under such contracts and to avoid any delays in the schedule of construction of the Project, in anticipation of the issuance of the Bonds. The Construction Loan Notes are Outstanding in the total principal amount of $7,000,000 and are numbered 1 through 1,400 inclusive. The Construction Loan Notes mature on May 1, 1982, and bear per annum interest evidenced by one set of detachable interest coupons at the rate of 8.5 percent. The Construction Loan Notes are redeemable at the option of the Town Council on May 1, 1981, by lot, at a price equal to the principal amount of each Note so redeemed plus accrued interest thereon to the redemption date, plus a premium of one-half of one percent (0.5~) of such principal amount. Ordinance No. l4, Series of 1980, as amended, pursuant.to which the Construction Loan Notes were issued provided that when and if the Town issued, sold and delivered the Bonds, the net proceeds of the Bands shall be credited to the Note Fund to be applied to the Debt Service Requirements of the Construction Loan Notes, upon the redemption and maturity thereof. ~. Necessity. The Town Council has determined, and does hereby determine, that it is necessary and in the best interests of the Town and the inhabitants thereof that the Bonds in the total principal amount of $7,000,000 be now issued in accordance with the provisions of this Ordinance, for the purpose authorized by the electors of the Town at the November 20, 1979, special election and to provide for the redemption, prepayment and discharge of the Construction Loan Notes. Section 3. The Bonds. A. Authnrization and Nature of Obligation. pursuant to the authorization conferred by the qualified, registered electors of the Town at a special election duly called and held on November 20, 1979, and for the purpose of defraying, in whole or in part, the cost of the Project and providing for the redemption, prepayment and discharge of the Construction Loan Notes, the Town shall issue on behalf of and upon the credit of the Tawn its negotiable coupon General Oblig ation Bonds, Series November 1, 1980, in the aggregate principal amount of $7,DD0,000. -Il- •r 4 ,r The Bands shall be general obligations of the Town, and shall be payable foram general ad valorem taxes without limitation as to rate or amount, except as they may actually be paid from other revenues as provided herein. B. Bond Details. (l) Generally. The Bonds shall be issued payable to bearer and dated November 1, 1980, consisting of 1,400 Bonds in the denomination of $5,000 each, numbered 1 to 1,404, inclusive and payable in lawful money of the United States of America. The Bonds shall bear one set of interest coupons evidencing interest thereon from November 1, 1980, to their respective maturity dates, except if redeemed prior thereto, at the per annum rates of interest to be designated in the Bond Purchase Agreement, the maximum net effective interest rate for the Bond issue to be 10~. The coupon interest shall be payable May 1, 1981, and semiannually thereafter on the 1st day of November and the 1st day of May of each year . The Bonds shall mature on November 1 of each year from 1982 through 19913 and in 1997 in principal amounts to be designated in the Bond Purchase Agreement. If upon presentation at maturity payment of the principal amount of any Bond is not made as provided herein, interest shall continue at the coupon rate designated in the Bond until the principal thereof is paid in full . (2) Redemption of Bonds Prior to Maturity. The Bonds shall not be subject to redemption prior to maturity except as follows: (i) A sinking fund account shall be established and maintained by the Town in the Bond Fund for the Bonds maturing in 1997, and sinking fund installments shall be credited to this sinking fund account in amounts for the years 1991 through 1996 as shall be determined pursuant to the Bond Purchase Agreement, in which event such Bonds shall be redeemed, without reduction for amounts redeemed pursuant to Section 3B(2)(ii) hereof, at a price equal, to the principal amount thereof plus accrued interest to the redemption date . (ii) Bonds maturing on November 1, 1997, shall also be ~call.able far redemption at the option of the Town, in whole or in part, on any interest payment date beginning November 1. 1990, at -1.2- ~ ~ ~~ ~~ . ,. a price equal to the principal amonn t thereof , plus accrued interest to the redemption date, and to the extent such Bonds are redeemed with moneys in excess of the required sinking fund installments provided for in Section 3B(2)(i) hereof on redemption dates prier to November 1, 1993, there shall be paid a premium of one per eentum (1$) of the principal amount thereof. Bands called for redemption at the option of the Town on redemption dates on or after November 1, 1993, shall be redeemed without the payment of a premium , (iii) Tf less than all Bonds maturing November 1, 1997, are to be redeemed, as part of a sinking fund installment or otherwise, the Town sha11 select by lot any of such Bonds which are to be called for redemption from among the serial numbers of the Bonds maturing November 1, 1997. Notice of any redemption shall be given by the Tawn Clerk in the name of the Town, by publication of such notice at least one (1) time in the Bond Buyer published in New York, New York, and in The Denver Post published in Denver, Colorado, if then in business and publish- ing, and if not, then in a financial journal pr newspaper of general circulation in New York, New York, and in a newspaper of general cir- culation in Denver, Colorado, such publications being not less than thirty (30) days prior to the redemption date specified in such notice, and by sending a copy of such native by certified or regis- tered first-class, postage prepaid mail, at least thirty (30) days prior to the redemption date, to the holders of each of the Bonds being redeemed, if the names and addresses of such holders are recorded with the Town Clerk, ~'or this purpose, the holder of any such Bond may at any time furnish his name and address to the Town Clerk. Such notice shall specify the number or numbers of the Bonds so to be redeemed and the date fixed for redemption, and shall further state that on the redemption date there will become and will be due and payable upon each Bond so to be redeemed the principal amount thereof plus accrued interest on said principal am aunt to the re- demption date, and that from and after such date interest wi11 cease to accrue. Any Bonds redeemed prior to their respective maturities by call for prior redemption or otherwise shall not be reissued and shall be Cancelled the same as Bonds paid at or after maturity. -13- • r ~r ' 1' •~ (3) PaYinq Agents. The Debt Service Requirements of the Bonds sha11 be payable in lawful money of the United States of America without deduction for exchange or collection charges at Central Bank of Denver, in Denver, Colorado which is hereby designated the Paying Agent for the Bonds. (4) Net Effective Interest Rate. The maximum net effective interest rate specified for the Bonds is 10.00$. Subject to said limitation, the actual net effective-interest rate on the Bonds shall ~~ „..~ be determined pursuant to the terms:?of the Band Purchase Agreement. (5) Execution and Delivery. The Bonds shall be executed in the name and on behalf of the Tawn with the facsimile signature of the Mayor, shall bear a facsimile of the seal of the Town and shall be attested by the manual signature of the Town Clerk; and each of the Hands shall have attached thereto an appropriate number of interest coupons bearing the facsimile signature of the Mayor. The coupons shall be numbered consecutively from one upwards for each Bond as appropriate. When issued as aforesaid as part of the Bonds, the coupons shall be the lawful binding promises and obligations of the Town according to their import, securing the payment of interest as it becomes due. Should any officer whose manual or facsimile signature appears on the Bonds or the interest coupons attached thereto cease to be such officer before delivery of the Bonds to the Purchaser, such manual or facsimile signature sha11 nevertheless be valid and suf- ficient for all purposes. The Mayor and the Town Clerk are hereby authorized and directed to prepare and to execute the Bonds as herein provided. When the Bonds have been duly executed and sold, the officers of the Town are autho- rized ta, and shall, deliver the Bonds to the Purchaser on receipt of the agreed purchase price . (6) Form of Bonds and Coupons. Subject to the provisions of this Ordinance, each Bond, and the coupons to be attached thereto. shall be i.n substantially the following form, with such omissions, insertions, endorsements, and variations as to recitals of fact or other provi- sions as may be required by the circumstances and as may be required or permitted by this Ordinance, and as may be necessary or appropriate to conform to the rules and requirements of any governmental authority or to any usage or requirement of law with respect thereto: --14- ~~ ~. [Form of Bond] UNITED STATES OF AMERICA STATE OF COLORADO COUNTY OF EAGLE TOWN OF VAIL GENERAL OBLIGATION BOND, SERIES NOVEMBER 1, 1980 No. $5,D00 The Town of Vail, in the County of Eagle and State of Colorado (the Tawny, for value received, hereby acknowledges itself indebted and promises to pay to the bearer hereof the principal sum of FIVE THOUSAND DOLLARS in lawful money of the United States of America, on the 1st day of November, 19 , with interest thereon from the date hereof to the maturity date of this Bond, except if redeemed prior thereto, as evidenced by bearer interest coupons hereto attached at the rate of per centum {_ _~} per annum, payable May 1, 1981, and semiannually thereafter on the 1st day of November and the 1st day of May of each year. If upon presentation at maturity payment of the principal amount of this Bond is not made, interest shall continue at the coupon rate stated herein until payment of the principal hereof is made in full. The principal of, interest on, and any premiums due in connection with the redemption of this Band, whether as part of a sinking fund installment as hereinafter provided or otherwise are payable without deduction for exchange or collection charges at Central Bank of Denver, in Denver, Colorado, upon presentation and surrender of said coupons and this Band as they severally become due. Bonds of this issue are not subject to redemption prior to maturity except as follows: ( a) $ in principal amount of the Bonds maturing on November 1, 1997, are to be redeemed from the sinking fund account in the Bond Fund created pursuant to the Ordinance as hereinafter defined in the following principal amounts on November 1 in each of the following years, respectively, at their principal amount plus accrued interest thereon to the date fixed for redemption: Year Amount Year Amount 1991 $ 1994 $ 1992 1995 1493 1996 -15- • ~- ~~ ~~ (b) The Bonds maturing on November 1, 1997, ar'e also subject to redemption at the option of the Town, in whole or in part, on any interest payment date beginning November 1, 1990, at a price equal to the principal amount thereof, plus accrued interest to the redemption date, and to the extent such Bonds are redeemed with moneys in excess of the required sinking fund installments provided for above on redemption dates prior to November 1, 1993, there shall be paid a premium of one per centum (1$) of the principal amount thereof. Bonds called for redem ption at the option of Town on redemption dates on or after November 1, 1993, shall be redeemed without the payment of a premium. (c) If less than all Bonds maturing November 1, 1997, are to be redeemed as part of a sinking fund installment or otherwise, the Town shall select by lot any of such Bands from among the serial numbers of the Bonds maturing November 1, 1997. Redemption shall be made upon not less than thirty (30) days' prior notice by publication of such notice at least one (1) time in The Bond Buyer published in New York, New York and in The Denver Post published in Denver, Colorado, if then in business and publishing, and if not., then in a financial journal or newspaper of general circulation in New York, New York and in a newspaper of general circ ulation in Denver, Colorado, such publication being not less than thirty (30) days prior to the redemption date specified in such notice, and by sending a copy of such notice by certified or registered first class, postage prepaid mail, at least thirty (30) Gays prior to the redemption date, to the holders of each of the Bonds being redeemed, if the names and addresses of such holders are recorded with the Town Clerk. k'or this purpose, the holder of any such Hond may at any time furnish his name and address to the Town Clerk. Such notice shall specify the number or numbers of the Bands so to be redeemed and the date fixed for redemption, and shall further state that on the redemption date there will become and will be due and payable upon each Bond so to•be redeemed the principal amount thereof plus accrued interest on said principal amount, and that from and after such date interest will cease to accrue. This Sand is one of a series issued in the aggregate principal amount of $7.000,000 by the Town Council of the Town of Vail, Colorado on behalf of and ugon the credit of the Town for the purpose -~. 6 - • r ~- ~- of providing funds to defray, in whole or in part, the cost of providing a new public parking facility within and for the Town, together with all necessary incidental and appurtenant properties, structures, facilities and equipment, and the costs incidental thereto (the Project) , and to redeem, prepay and discharge certain construction loan notes of the Town issued to finance the costs of the Project on a short term basis in anticipation of the issuance of the Rands of this issue by virtue of and in full conformity with the Constitution of the State of Colorado, the Charter of the Town, and ail other laws of the State of Colorado thereunto enabling, and pursuant to Ordinance Na. , Series of 1980 (the Ordinance) of the Town duly adopted, published and made a law of the Town prior to the issuance of this Bond; and it is hereby recited, certified' and warranted that all the requirements of law have been fully complied with by the proper officers of the Town in issuing this Bond. It is further hereby recited, certified and warranted that the total indebtedness of the Town, including that of this Bond, does not exceed any constitutional or statutory limitation of the State of Colorado and does not exceed any limitation of the Charter of the Town, that at a special election lawfully held in the Town on the 20th day of November, 1979. the issuance of this Bond was duly authorized by the qualified, registered electors of the Town voting at said •election; and that provision has been made for the levy and collection of a direct annual tax on all the taxable property within the Town without limitation as to rate or amount, for the application of certain sales tax revenues of the Town and for the irrevocable pledge of the revenues of the Project after provision is made only for the payment of the operation and maintenance expenses of the Project as more specifically provided in the Ordinance, Sufficient to pay the interest on and the principal of this Bond as the same respectively become due . The Full faith and credit of the Town of Vail, in the County of Eagle and State of Colorado, is hereby pledged for the punctual payment of the principal of and the interest on this Bond. Reference is hereby made to the Ordinance, and to any and all modifications anc3 amendments thereof, for a description of the provisions, terms and conditions upon which the Bonds of the series of -17- •r ~ ~r .~ . which this is one are issued and secured, including, without limitation, definition of terms used herein, the nature and extent of the security for the Bonds, provisions with respect to the application of proceeds of the Bonds and the rights, duties and obligations of the Tawn and the members of its Town Council as well as the rights and remedies of the holders of the Bonds . TN TESTIMONY WHEREOF, the Town Council of the Town of Vail, Colorado, has caused this Bond to be executed in the name and on behalf of the Town with the facsimile signature of the Mayor of the Town, to be -sealed with a facsimile of the seal of the Town, to be attested by the manual. signature of the Town Clerk of the Town, and has caused the interest coupons attached hereto to be executed with the facsimile Signature of the Mayor of the Town, all as of the 1st day of November, 1980. TOWN OF VAIL, COLORADO By (Facsimile Sictnature). (FACSIMILE) Mayor ~ BEAL ) Attest: (Manual Signature) Town Gler k [End of Form of Bond] -18- •~ ~ ~ 9 jFarm of Interest Coupon] No . $ May, On the 1st day of November, 19 , unless the Bond to which this coupon is att:ached has been called for prior redemption, the Tawn of Vail, in the County of Eagle and State of Colorado, will pay to bearer the amount Shown hereon in lawful money of the United States of America without deduction for exchange or collection charges, at Central Bank of Denver, in Denver, Colorado, being interest then due on its General Obligation Bond, Series November 1, 1980, dated November 1, 1980, bearing No . (Facsimile Signature} Mayo r Tawn of Vail , Colorado [End of Form of Interest Coupon] -19- ~C Section 4. Sale of Bonds. A. Necessity of Project and Issuance of Bonds. k It is necessary and far the best interests of the Town and the inhabitants thereof that the Town acquire the Project, redeem, prepay and discharge the Construction Loan Notes and defray all or a portion of the cost of the Project by issuing the Bonds. B. Bond Purchase Agreement; Award of Sale. The Purchaser has offered to purchase the Bonds in accordance with the terms of this Ordinance and at a maximum net effective rate not exceeding 10~ per annum pursuant to a Bond Purchase Agreement to be negotiated between and executed by the Town and the Purchaser at a later date. The Town Manager is authorized and directed to negotiate and execute the Bond Purchase Agreement with the Purchaser in the name and on behalf of the Town, which agreement shall include fixing the principal amount of Bands to mature in each of the years 1982 through 1990 and 1997 and the interest rates to be borne by each maturity of the Bonds and fixing the sinking fund installments as required by Section 3(B)(2}(i} hereof provided that such agreement complies with the requirements of this Ordinance and provided further that the Bond Purchase Agreement is approved and ratified by the Town Council by an ordinance ar a resolution duly adopted at a reg ular or special meeting of the Town Counc it . C. Preliminary Official Statement; Official Statement. The use of a Preliminary Official Statement and Official Statement by the Town in connection with the sale of the Bonds is approved and the Mayor, an behalf of the Town, is authorized to sign one or mare copies of the preliminary Official Statement and the Final Official Statement, after the Preliminary Offical Statement and the final O£fical Statement have been reviewed and approved in writing by the Town Manager, the Town Finance Director and the Town Attorney. Sectiion 5. Funds Created by Ordinance. A. Disposition of Band Proceeds and Other Revenues. The proceeds from the sale of the Bonds, the Pledged Sales Tax Revenues, the Net Pledged Revenues and other moneys of the Town shall be deposited by the Town in the funds described in this Section ~, to be accounted for in the manner set forth in this Section 5. -20- . ~ ~"" . \ ., The validity of the Bonds shall not be dependent an nor be affected by the validity ar regularity of any proceedings relating to the Project ar any part thereof. The Purchasers of the Bonds, any associate thereof, and any subsequent holder of any Bonds shall in no manner be responsible for the application or disposal by the Town ar by any of its officers, agents and employees of the moneys derived from the sale of the Bonds or of any other moneys designated in this Section 5. B. The Note Fund ~- the Escrow Fund. The proceeds of the sale of the Bonds, exclusive of accrued interest, shall be deposited in a manner consistent with the terms of the Escrow Agreement and Ordinance No. l4, Series of 1980, authorizing the issuance of the Construction Loan Notes. The appropriate officials of the Town as designated in the Escrow Agreement are hereby authorized to execute the Escrow Agreement on the behalf and in the name of the Town and so to enter into a contract with the Escrow Bank as provided in the Escrow Agreement, upon its completion as to form. The Town shall purchase the Federal Securities necessary to establish an Escrow Fund in the Nate Fund as provided in the Escrow Agreement and in accordance with the proposal submitted by the Purchaser. The Escrow Fund shall be maintained by the Town in an amount at the time of the deposit therein, and at all times subsequently, at least sufficient, together with the known minimum yield to be derived from the initial investment and any temporary reinvestment of the deposits therein or any part thereof in Federal Securities, to pay any reasonable charges of the Escrow Bank payable from the Escrow Fund in connection therewith and to pay the principal, interest and any premium due in connection with the Construction Loan Notes, both accrued and not accrued, as the same become due up to and including May 1, 1981, the redemption date on which the Outstanding Construction Loan Notes shall be redeemed. Any moneys remaining in the Escrow Fund after provisions shall have been made for the redemption in full of the Gonstructian Loan Notes shall be applied to any lawful purposes of the Town as the Town Council may hereafter determine. xf for any reason the amount in the Escrow Fund shall at any time be insufficient for the purposes hereinbefore set forth, the --21- •~ ~r ~;- Town shall forthwith from the first moneys avaiable therefor deposit in such account such additional moneys as shall be necessary to permit the payment in full of the Debt Service Requirements in connection with the Construction Loan Notes as herein provided. C. Bond Fund. A special fund is hereby created and designated as the "Town of Vail, Colorado, General Obligation Parity Bonds, Bond Fund," The Town shall deposit in the Bond Fund, forthwith upon receipt of the proceeds of the Bands, interest accrued thereon from their date to the date of delivery thereof to the Purchaser to apply to the payment of interest on the Bonds as the same becomes due after their delivery. As moneys are received from collections of ad valorem taxes levied, if any, for the purpose of providing far the Debt Service Requirements of all of the Outstanding General Obligation Parity Bonds, including all Outstanding Prior General Obligations, within each Fiscal Year, they shall be credited immediately to the Bond Fund. From moneys received from the Pledged Sales Tax Revenues and credited to the Capital Improvements and Open Space Fund, on or before the due date of each respective installment of principal and interest, there shall be credited to the Bond Fund, to the extent that moneys in the Bond Fund are not sufficient for this purpose, the following: (1) Interest Payments. The next maturing installment of interest due on any General Obligation Parity Bonds then Outstanding; (2) Principal Pa~rments. The next maturing installment of principal due on any General Obligation Parity Bonds then Outstanding. Such interest and principal shall be promptly paid when due. The moneys credited to the Bond Fund shall be used to pay the Debt Service Requirements of the General Obligation Parity Bonds then Outstanding, as such Debt Service Requirements become due. The Net Pledged Revenues, as received, shall be credited immedi- ately to the Bond Fund and reserved in a special account within the $ond Fund for the payment of the principal of and interest on the Series November 1, 1980 Bonds only. Section 6. Covenants and Provisions. The Town hereby particularly covenants and agrees with the holders of the Bonds and coupons appertaining thereto from time to time, and makes provisions which shall be part of its contract with such -22- ~ c~ •~ ~ holders, which covenants and provisions shall be kept by the Town continuously until all of the Bonds and the interest thereon, have been fully paid and discharged, to the effect and purpose that: A. Levy and Collection of Ad Valorem Taxes. If required, the Debt Service Requirements of the Bonds in 1980 and 1961 shall be advanced from any revenues or funds of the Town lawfully available therefor. For the purpose of reimbursing any such advance and also for the purpose of paying the Debt Service Requirements of the Bonds as the same become due and payable respectively, the Town Council of the Town shall annually fix and certify a rate of levy for ad valorem taxes to the Board of County Commissioners of Eagle County, Colorado, which taxes, in addition to all other taxes, when levied on all of the taxable property in the Town, in each of the years 1980 to 1996, inclusive, will raise ad valorem tax revenues sufficient to make such reimbursement and to promptly meet and pay such Debt Service Requirements as the same become due. The taxes when collected shall be applied solely for the payment of the Debt Service Requirements of the Bonds, respectively, until the Bonds, both as to principal and interest, shall be fully paid, satisfied and discharged, provided, however, that nothing herein Contained shall be so construed as to prevent the Town from committing and applying any other funds or revenues that may now or hereafter be in the .treasury of the Town and legally available for the purpose of paying the interest on or principal of the Bands, and upon the application of any other such funds or revenues as aforesaid, the levy or levies for ad valorem taxes herein provided may thereupon be diminished to the extent the Debt Service Requirements of the Bonds for the particular year have been provided for from such other funds or revenues legally available far such purpose. The foregoing pro- visions of this Ordinance, together with the provisions of the Bond Purchase Agreement, are hereby declared to be the certificate of the Town to the Board of County Commissioiners of Eagle County, Colorado, showing the aggregate amount of taxes to be Levied for the purpose aforesaid by said Board of County Commissioners from time to time, as required by law, for the purpose of paying the Debt Service Require- ments of the Bonds as the same shall hereafter accrue. _7~_ ~C ~r ~I- The Town shall prescribe and take all necessary and proper steps promptly to enforce the payment of the ad valorem taxes levied pursuant to this Ordinance. The ad valorem taxes provided for herein shall be levied, assessed, collected and enforced at the time and in the form and manner and with like interest and penalties as other general taxes in the State of Colorado, and when collected said taxes shall be paid to the Town as provided by law. In the event any of said levies that may be made by the Town shall fail to produce an amount as provided herein sufficient to pay the Debt Service Requirements of the Bonds becoming due in the next succeeding year, the deficit shall be made up in the next levy, and taxes shall be made and continue to be levied until said Bonds and the interest thereon shall be paid in f u11. B. Pledged Sales Tax Revenues. Notwithstanding the provisions of Section fiA hereof, the Town hereby further covenants and agrees that so long as the Bonds remain Outstanding and unpaid, it will levy, administer, enforce and collect the Sales Tax on the sale of tangible personal property at retail and the furnishing of services within the Town in accordance with Ordinance No. 11 without reduction in the four percent amount of the Sales Tax as set forth in Section 5 of Ordinance No. 11 and that upon receipt thereof the Town will credit the Pledged Sales Tax Revenues to the Capital Improvements and Open Space Fund. The Town has covenanted and agreed, in each of the Prior Ordinances authorizing the issuance of the Prior General Oblig atian Bonds to pledge and set aside the Pledged Sales Tax Revenues for the purpose of paying the Debt Service Requirements of the Prior General - Obligation Bonds. The Prior Ordinances provide further that the Pledged Sales Tax Revenues may also be pledged and used for the payment of the debt service on any Additional Parity General Obligation Bonds of the Town. The Town covenants and agrees that all the Pledged Sales Tax Revenues shall be and hereby are irrevocably and solely pledged and set aside to pay the Debt Service Requirements of the Bonds as the same become due and payable from year to year, on a parity with the Town's obligation to pay from the Pledged Sales Tax Revenues the Debt Service Requirements of the Prior General Obligation Bonds , provided that _~Q_ ~r 4 4 i ' (1) The Pledged Sales Tax Revenues may also be pledged and used for the payment of the Debt Service Requirements of Additional Parity General Obligation Bonds, Non-parity General Obligation Bonds or other general obligation securities of the Town which may be issued hereafter from time to time, provided that such Additional Parity General Obligation Bonds, Non-parity General Obligation Bonds or other general obligation securities shall be on a parity with or subordinate to (but not prior or superior to) the Bonds with respect to the application of Pledged Sales Tax Revenues; and (2) To the extent that the Debt Service Requirements on all of file Town's Outstanding General Obligation Parity Bonds from time to time which are payable in whole or in part from the Pledged Sales Tax Revenues, are fully provided for in any Fiscal Year by tax revenues and other moneys legally available therefor, then the Town is authorized to use any revenues remaining from the Pledged Sales Tax Revenues for other purposes (but only after all of the Debt Service Requirements on the General Oblig ation Parity Bonds payable from Pledged Sales Tax Revenues has been fully provided for in that Fiscal Year) , including, but not limited to, payment of any Obligations, which Obligations in any event, shall not be on a parity with and shall be subordinate and inferior to the Bonds, with respect to the Pledged Sales Tax Revenues . So long as the Bands remain Outstanding and unpaid the Town shall not repeal Ordinance No. ll and the Town shall not amend Ordinance No. ll in a manner which, taking into account other revenue of the Town which is legally dedicated and available to pay the Debt Service Requirements an the Bonds, would diminish the revenue security for the Bonds . Nothing in this Ordinance shall be construed in such manner to prevent the issuance by the Town of additional Obligations of any nature, provided that said additional Obligations are issued in a manner consistent with the previsions and limitations stated herein with respect to the Pledged Sales Tax Revenues. C. Net Pledged Revenues. In addition to the covenants made in Sections 6A and 6H hereof, the Town further covenants that any Ne t Pledged Revenues, as received, shall be credited to the Bond Fund and _z~_ ~C ~r 4 applied to the payment of the principal of and interest on the Series November 1, 1980 Bonds. The Net Pledged Revenues are hereby pledged solely for the payment of the principal of and interest on the series November 1, 1980 Bonds and this pledge shall be valid and binding from and after the date of the first delivery of the Bonds, and the moneys, as received by the Town and hereby pledged, shall immediately be sub- ject to the lien of this pledge without any physical delivery thereof, any filing or further act, and the lien of this pledge and the abli- gation to perform the contractual provisions hereby made shall have priority aver any or all other obligations and liabilities of the Town (except as herein otherwise expressly provided), and the lien of this pledge shall be valid and binding as against all parties having claims of any kind in tort, contract or otherwsse against the Town {except as herein otherwise expressly provided), irrespective of whether such parties have notice thereof. The Town shall impose and collect Income for the Project which shall produce Net Pledged Revenues which shall be sufficient, together with ad valorem taxes, Pledged Sales Tax Revenues and other legally available funds, to pay when due and in full the principal of, interest on and any premium due in connection with the redemption of the Bonds . The Town shall at all times operate the Project properly and in a sound and economical manner. The Town shall maintain, preserve and keep the Project properly or cause the same so to be maintained, preserved and kept, with the appurtenances and every part and parcel thereof in good repair, working order and condition, and shall from time to time make or cause to be made all necessary and proper repairs, replacements and renewals so that all times the maintenance of the Project may be properly and advantageously conducted. Neither all nor a substantial part of the Project shall be sold, mortgaged, pledged, encumbered, alienated or otherwise disposed of, nor shall the Town dispose of its title to the Project or to any usef u1 part thereof, including any property necessary to the operation and use of the Project and the lands and interests in lands comprising the Project, until all of the Bonds have been paid in f u11, as to all Debt Service Requirements, or unless full provision has been made therefor. -26- ~~ ~ 4 The Town shall at all times maintain with responsible insurers all such insurance reasonably required and obtainable within limits and costs deemed reasonable by the Town as is customarily maintained with respect to public parking facilities of like character against loss of or damage to the Project, against loss cif Income, and against public and other liability to the extent at least reasonably necessary to protect the interests of the Town and of each holder of a Bond. If any useful part of the Project shall be damaged or destroyed, the Town shall, as expeditiously as possible, commence and diligently prosecute the repair or replacement of the damaged or destroyed property so as to restore the same to use. D. Budget and Appropriation of Funds. The sums provided in Sections 5 and 6 hereof to meet the Debt Service Requirements of the Bonds, when due, are hereby appropriated for that purpose, and said amounts for each Fiscal Year shall be included in the annual budget and the appropriation ordinance or measures to be adopted or passed by the Town Council of the Town in each Fiscal Year respectively while any of the Bands, either as to principal or interest, are Outstanding and unpaid. No provisions of any constitution, statute, charter, ordinance, resolution, or other order nr measure enacted after the issuance of the Bonds shall in any manner be construed as limiting or impairing the obligation of the Town to levy ad valorem taxes, without limitation of rate or amount, as limiting or impairing the obligation of the Town to levy, administer, enforce and collect the Sales Tax or as limiting or impairing the obligation of the Town to impose and ' collect Zncame for the Project as provided herein, for the payment of the Debt Service Requirements of the Bonds. E. Performance of Duties. It shall be the duty of the Town Council annually at the time and in the manner provided by law for levying other Town taxes, if such action shall be necessary to effectuate the provisions of this Ordinance, to ratify and carry nut the provisions hereof with reference to the levy and collection of the ad valorem and, sales taxes herein specified, and to require the officers of and for the Town to levy, extend, impose and collect said taxes in the manner provided by law for the purpose of providing funds for the payment of the Debt Service Requirements of the Bonds accruing -~7- ~~ ~ 4 thereon promptly as the same, respectively, become due. Said taxes, when collected, shall be kept for and applied only to the payment of the interest on and principal of the Bonds as hereinbefore specified. F. Arbitrage Covenant. The Town covenants with the holders of the Bonds that it will make no use of the proceeds of the Bonds at any time during the term thereof which, if such use had been reasonably expected on the date the Bonds are issued, would have caused the Bonds to be arbitrage bonds within the meaning of Section 103(c) of the Internal Revenue Code of 1954, as amended, and the reg ulations pro- posed or prescribed thereunder by the United States Treasury Department, unless, under any provision of law hereafter enacted, the interest paid on the Bonds {a} shall be excludable from the gross income of a recipient thereof for Federal income tax purposes without regard to whether or not such Bonds are arbitrage bonds, or {b) shall be exempt from all federal income taxation. Section 7. Defeasance. When all of the Debt Service Requirements of the Bonds have been duly paid, all obligations hereunder shall thereby be discharged and the Bonds shall no longer be deemed to be Outstanding. There shall be deemed to be such due payment when the Town has placed in escrow or in trust with, a trust bank located within or without the State of Colorado, moneys or Federal Securities in an amount sufficient (including the known minimum yield available for such purpose from Federal Securities in which such amount wholly or in part may be initially invested) to meet all Debt Service Requirements of the Bonds, as the same become due to the final maturities of the Bonds or upon any redemption date as of which the Town shall have exercised or shall have obligated itself to exercise its prior redemption option by s call of Bonds for payment then. The Federal Securities shall become due prior to the respective times at which the proceeds thereof shall be needed, in accordance with a schedule established and agreed upon between the Town and such bank at the time of the creation of the escrow or trust, or the Federal Securities shall be subject to redemption at the option of the holder thereof to assure such availability as sa needed to meet such schedule. _7R- •~ ~r R- Section ~. Rights and Immunities. Except as herein otherwise expressly provided, nothing herein expressed or implied is intended or shall be construed to confer upon or to give to any person, other than the Town, and the holders from time to time of the Bonds and any coupons thereunto gertaining, any right, remedy or claim under or by reason hereof or any covenant, condition or stipulation hereof. All the covenants, stipulations, promises and agreements herein contained by and on behalf of the 't'own shall be for the sole and exclusive benefit of the Town, and any holder of any Bands and any coupons thereunto pertaining. No recourse shall be had for the payment of the principal of and the interest on the Bonds or for any claim based thereon or otherwise upon this Ordinance or any other instrument pertaining thereto, against any individual member of the Town Council, or any officer or other agent of the Town, past, present or future, either directly or indirectly through the Town, or otherwise, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any penalty or otherwise, all such liability, if any, being by the acceptance of the Bonds and as a part of the consideration of their issuance specially waived and released. Section 9. Redemption of Construction Loan Notes. A. Exercise of Option to Redeem. The Construction Loan Notes shall be and hereby are ordered to be called for prior redemption and payment on May 1, 1981, for a redemption price consisting of the principal amount of each Construction Loan Note so redeemed, plus accrued interest thereon to the redemption date plus a premium of one- half of one per centum (0.5~) of such principal amount. The Town Council has elected and does hereby declare its intent to exercise on the behalf and in the name of the Town its option to redeem on May 1, 1981, al3 of the Construction Loan Notes. The Town is hereby obli- gated so to exercise such option, which shall be deemed to have been hereby exercised. S. Notice of Prior Redemption Prior to Delivery of the Bonds. The Town Clerk is hereby authorized and directed to give forthwith, before delivery of the Bonds, but in no event prior to the effective date of this Ordinance, notice of prior redemption of all of the --29- • ( • •~ Construction Loan Notes in accordance with Ordinance No. 14, Series of 1980. authorizing their issuance. The notice of prior redemption hereinabove required to be given forthwith for the Construction Loan Notes shall be given by publication of such notice at least once in the Bond Buyer published in New York, New York, and in The Denver post, published in Denver, Colorado, if then in business and publishing, and if not, then in a newspaper of general circulation in New York, New York, and in a newspaper of general circulation in Denver, Colorado, and by sending a copy of such notice by certified or registered first--class, postage prepaid mail, to the holders of each of the Construction Loan Notes if the names and addresses of the holders are recorded with the Central Bank of Denver, in Denver, Colorado, the paying agent for the Construction Loan Notes. The notice of prior redemption so to be given forthwith shall be in substantially the following form: -30- •~ •r •r (Form of Notice) NOTICE OF PRIOR REDEMPTION OF TOWN OF VAIL, COLORADO CONSTRUCTION LOAN NOTES SERIES 1980 NOTES NUMBERED 1 THROUGH 1400, INCLUSIVE NOTICE IS HEREBY GYVEN that the Town Council of the Town of Vail in the County of Eagle and in the State of Colorado ( the Town) , has exercised the Town's option to redeem $7,000,000 total principal amount of its Construction Loan Notes, Series 1980, dated May 1, 1980, and numbered 1 through 1400 inclusive {the Notes), on May 1, 1981, prior to their maturity date of May 1, 1982, at the Central Bank of Denver, in Denver, Colorado {the Paying Agent) , without deduction far exchange or collection charges, for a redemption price consisting of the princial amount of each Note so redeemed plus accrued interest on such principal amount to such prior redemption date plus a premium of one-half of one per centum {0.5$) of such principal amount, as follows: On May 1, 1981, there will become due and payable in lawful money of the United States of America for each of the Notes at the office of the Paying Agent the principal amount of each such Note and accrued interest on the principal of each such Note to May 1, 1981 plus a premium of one-half of one per centum (0.5~) of such principal amount; and from and after the redemption date interest thereon will cease to accrue. Each such Note will be redeemed at the office of the Paying Agent an or after May 1, 1981, upon the Note's presentation and surrender, accompanied by all of its coupons far interest maturing after such date, by the payment of such principal and premium. Any coupons of any such Notes for interest payable on or before May 1, 1961, may be attached to such Note for the payment of accrued interest to such prior redemption date with the payment of such principal and premium; or such coupons, if detached from any such Note by its holder, may be presented separately for payment in the usual, course. For the payment on May 1, 1981, of the principal amount of the Notes and the interest and redemption premium due thereon, there have been deposited in escrow with Central Bank of Denver, in Denver, ~, •( • r Colorado, bond proceeds and other moneys which have been invested in bills, notes, bonds and similar securities which are direct oblig atians of, or the principal and interest of which securities are unconditionally guaranteed by, the United States of America or in obligations issued or guaranteed as to principal and interest by any agency or person controlled or supervised by and acting as an instru- mentality of the United States pursuant to authority granted by the congress o£ the United States. According to a report pertaining to such escrow prepared by a national firm of certified public accountants, the escrow, including the known minimum yield from such investments, is full~> sufficient at the time of the deposit and at all times subsequently, to pay the principal of and the interest on the Notes nn May 1, 1981. DATED at Vail, Colorado, this ~~ day of ~~~ . ~.~~ , '~ 1980. TOWN OF VA IL, COLORADO (TOWN) (SEAL } y !. ._ . Town Cl ~: r k (End of Form of Notice) -32- •~ •j •~ C. Notice of Prior Redemption on Later Date. The Town Clerk is hereby authorized and directed to again give notice of prior redemption of the Construction Loan Notes not more than b2 nor less than 31 days prior to May 1, 1981. Such notice of prior redemption shall be given in the same manner and form as is set forth in Section 9B hereof. Section 10. Miscellaneous. A. Ratification. All action heretofore taken (not inconsistent with the provisions of this Ordinance) by the Town or its officers, or ~ otherwise by the Town directed: {1) Project. Toward the Project; and {2 } Bonds . Toward the sale and del ivery of the Bonds for the purposes stated herein, be, and the same is, hereby ratified, approved and confirmed. B. Facsimile Signatures. Pursuant to the Uniform Facsimile Signature of Public Officials Act, part 1 of article 55 of title 11, Colorado Revised Statutes 1973, as amended, the Mayor and the Town C1 er k shall forthwith , and in any event pr io r to the time the Band s are delivered to the Purchasers, file with the Colorado Secretary of State their manual signatures certified by them under oath, using a suitable Facsimile Signature Certificate for said purpose. C. Delegated Duties. The officers of the Town are hereby authorized and directed to enter into such agreements and take all action necessary or appropriate to effectuate the provisions of this Ordinance and to comply with the requirements of law, including, without limitation: (1} Printing Bonds: The printing of the Bonds herein authorized, including the printing upon each of such Bonds of a copy of the legal opinion of DeMuth, Kemp & Backus, bond counsel, duly certified by the Town Clerk; (2} Final Certificates: The execution of such certificates as may be reasonably required by the Purchasers relating. inter alia, to: { a} The signing of the Bonds; (b} The tenure and identity of the Town officials; {c} The assessed valuation and indebtedness of the Town; (d} The delivery of the Bonds and the receipt of the Bond purchase price; -33- • ( • ~ f (e} Tf in accordance with fact, the absence of litigation, pending or threatened, affecting the validity of the Bands; (f} The exemption of interest on the Bonds from federal income taxation; (g) The making of various statements, recitals, certifications and warranties provided in the form of Bond set forth in this Ordinance; and (h} A statement concerning the disclosure of information provided in any Band offering brochure, preliminary official statement, official statement or offering circular for prospective buyers of the Bonds; (3} The preparation and execution of a Bond offering brochure, preliminary official statement, official statement, or offering circular , for the use of prospective purchasers of the Bonds, including, without limitation, such use by the Purchasers, and its associates, if any; (4) Bond Sale. The execution of the Bonds and the sale, issuance. and delivery of the Bonds to the Purchasers pursuant to the provisions of this Ordinance; and ("a} Payment of Debt Service Requirements. The payment of the Debt Service Requirements of the Bonds as due, without further warrant or order . D, A~ropriation for Costs and Expenses. There is hereby appropriated and set aside from any available funds or revenues of the Town the amount or amounts necessary to pay all costs and expenses incident to the issuance of the Bonds, including, but not being limited to, any publication, legal, and fiscal agent costs and expenses. E. Repealer. All ordinances, acts, orders, resolutions, or parts thereof, taken by the Town and in conflict with this Ordinance are hereby repealed, except that this repealer shall not be construed so as to revive any ordinance, act, order, resolution, or part thereof heretofore repealed. F. Ordinance Irrepealable. This Ordinance is, and shall Constitute, a legislative measure of the Town, and after the Bonds are issued, sold, and are Outstanding, this Ordinance shall constitute an -34- ~ ~_ irrevocable contract between the Town and the holder or holders of the Bonds, and shall be and remain irrepealable until the Bonds, as to all Debt Service Requirements, shall have been fu11y paid, satisfied and discharged, a5 herein provided. G. Severability. If any section, subsection, paragraph, clause ox other provision of this Ordinance shall for any reason be held to be invalid or unenforceable, the invalidity or unenfarceabi.Iity thereof shall not affect, impair or invalidate any of the remaining sections, subsections, paragraphs, clauses or provisions hereof, the intention being that the various paragraphs, clauses or provisions hereof are severable. H. Public Hearing. A public hearing on this proposed Ordinance shall be held by the Town Council at 7:30 p.m. an Tuesday, August, 19, 1980, at the Vail Municipal Building, Vail, Colorado, and it is hereby ordered that notice of said hearing be given as required by law. INTRODUCED, PASSED ON FIRST READING, APPROVED AND ORDERED PUBLISHED ONCE IN FULL THIS STH DAY OF AUGUST, 19$0. { TOWN ) {SEAL) Attest: r Town Cler k TOWN Off' VA IL By ~..~.~ ` Maya r ~ ~ - PASSED ON SECOND READING, ADOPTED, ENACTED, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL THIS 19TH DAY OF AUGUST, 1980. (TOWN} (SEAL) Attest: /~~~~~ Clem Town TOWN OF VAI Ma yc~f -3 5- .. i ~ .. • =- ~ F .... . ~ ~ } ., , , Council member ~~~ ~~~- ~'~~~ seconded the motion, and the question being upon the passage on first reading of Said Ordinance, the roll was called with the following result: Council members voting "Yes" Mayor: Rodney E. Slifer Council members: Paula Palmateer John Donovan Thomas Steinber/,g, ~ ~ ~- L L ~~Q/V( SF"t?"~'~~v lnu a , i Rod Todd Counc i1 members voting "No" members of the Council present having voted in favor of the passage on first reading of the Ordinance, the presiding officer thereupon declared the Ordinance daly passed on first reading and directed that the Ordinance be published once in full in The Vail Trail, a legal newspaper of general circulation within the Town of Vail, on August $, 1980. Thereupon, after consic3eratian of other business to come before the Council, the meeting was adjourned. {TOWN) (SEAL) ~rATTEST: ~ .~~~,/~ Town C~~er k r" Town of Vail, Colorado ayo r ~ I/ Tawn of Vail, Colorado y •r STATE OF COLORADO ) } CO[3NTY OF EAGLE ) ss . TOWN QF VAIL ) •~ •~ The Town Council of the Town of Vail, Colorado, met in regular session at the Vail Municipal Building, the regular meeting place thereof in the Town, on Tuesday, the 19th day of August, 1980, at the hour of 7:30 p.m. The following. members of the Town Council were present: Mayor: Council members Rodney E. Slifer Paula Palmateer John Donovan Thomas Steinberg Bill Wilta Scott ~lopman Ron Todd The following members of the Town Council ,were absent: ,- ~~~ ~ `,~~~~~ The following persons were also present: Thereupon the following proceedings, among others, were had and taken: The presiding officer informed the Council that Ordinance No. ~~~ , Series of 1980, relating to the issuance of General. Obligation Bonds, Series November 1, 1980, in the principal amount of $7,000,000, which was introduced, passed on first reading, and ordered published at a regular meeting of the Town Council held on August 5, 1980, was duly published in full in The Vail Trail, a newspaper of general circulation in the Town of Vail, in its issue dated August S, 1980, and that the publisher's affidavit of said publication is now on file in the office of the Town Clerk. ;, Council member ~~ (,~~~#;~1'f 4t/~~~~/ then read the Ordinance t/ ,I by its title, sufficient copies hiving previously been made available to the Council and to the public . The presiding officer then declared that this was the time and plane established for a public hearing on the Ordinance and the meeting was then opened for such purpose. Thereupon the following persons appeared: _~~_ .. ,_ {Indicate name and substance of remarks.) O~rLP1re_ GU~9J ~ ~h~~~av ~Z!t.2~ G~ G~I~tC. ~u ems, ~ ~~-~f~ ~t ~~LA~1 ~6~t'~~~-~6~Gj~-Gsl ~ ~ GLtr~ Thereupon, all persons having been given an opportunity to speak, the hearing was declared closed. ~ f •r ,. •~ ~~ Council member ~~~U~-~W(t then moved the assage and P adoption 1o~}f,, Ordinance No. ~j/~ , Series of 1980. Council member ~,~lll. ~~b seconded the motion, and the question being upon the passage and adoption of said Ordinance, the call was called with the following result: Council members voting "Xes" Mayor: Council members: Rodney E. Slifer Paula Palmateer John Donovan Thomas Steinberg Bill Wilto Scott Hopman Ron Todd Council members voting "No" ~/~ members of the Council present having voted in favor of the adoption of Ordinance No. Series of 1980, the presiding officer thereupon declared sai ante finally passed and adapted and directed that the Ordinanc bushed ante in full in The Vail Trail, a legal newspaper of ge irculation within the Town of Vail, in i.ts issue of August 2 Thereupon, after considers other business to come before the Council, the meeting was a (TOwN} (SEAL) • ATTEST vim/ /~.~;~iu.~ Town Cher k Town of Vail, Colorado d Ord in ner al c Lion of djourned ~" a yo r ~ Town of Vai Colors o ~d , e be pu 2, 1980 -39- ~~ •~ p,~~ 4~ CC?LC'~'IY~ } s ~ . } ~UN~Y CF ~ACLE } lpn ~~ ~t~ana~~e ,} O~~ QF VAZZ' it crf First P~~l~~~t ~Att~,~h Aff ~~av =40.. ~..y ~~ STATE of cor~oRADO ) COUNTY OF EAGLF ) ~S• } TOWN OF VAIL ) (Attach Affidavit of Second Publication of Ordinance) ~43.- . .. ~~ t ~t r STATE OF COLORADO ) COUNTY OF EAGLE ) ss. r ) TOWN OF VAIL ) I. Colleen Kline, the Town Clerk of the Town of Vail, Eagle County, Colorado, do hereby certify that the attached copy of Ordinance No. ~j , Series of 1980, reg arding the issuance and sale of Town of Vail General Obligation Bonds, Series November 1, 19$0, in the principal amount of $7,000,000, is a true and correct copy; that said Ordinance was passed on first reading by the Town Council at a regular meeting thereof held at the Vail Municipal Building, the meeting place of the Town Council in the Town, on Tuesday, the 5th day of August, 1980; that said Ordinance was passed and adopted on second reading by the Town Council at a regular meeting thereof held at the Vail Municipal Building, the regular meeting place of the Town Council in the Town, on Tuesday, the 19th day of August, 1980; that true copies o£ said Ordinance have been duly executed and authenticated by the signatures of the Mayor of the Town of Vail and myself, as Town Clerk of said Town, sealed with the seal of the Tvwn, numbered and recorded in the official records of the Town kept for that purpose in my office; 'that said Ordinance was duly published as required by law, ~, as evidenced by the affidavits of publication attached hereto at pages ,~ 40-41. Z further certify that the foregoing pages constitute a true and correct copy of the record of the proceedings of the Town Council at its meetings of August 5, 1980, and August l9, 1980, insofar as said proceedings relate to said Ordinance; that said proceedings were duly had and taken; that the meetings were duly held; and that the persons were present at said meetings as therein shown. IN WITNESS WHEREOF, I have hereunto set my hand and the seal of the Town of Vail, Colorado, this ~ ~ day of C.C.~t 9 , 1980. (TOWN ) (5EAL) Town Cler k Town of Vail, Colorado --42- N ~- ~ ~ c~ ;, o ~'~ ~~ p {2 ~. y 7~ tP r n ~~ ~. ca r ~a ~- ~ N ~ ~ {~ C~ ~ ° ~r O . t,;, ~~ f\ ~- ~t <' ~: r~ 7 ~:. 4 F,i ~++ rn ? ,. ~ ~ -~ ~ ~ ,t3 `G '`.~ ~``•. CU !' t ~y r ~~ N~ ~ cn :~ C7 _r ~ 7 .`. ~ ~ d [ V ~ t (Ir 7 f? ~ -. XO .~ ~_ Cl ~r c~ ~ _ ~ ~ (;t/ _ r`~r. ~'. 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'~ -r' be~¢roem. ti < t:.^r Y , ~ .I - ..-.~'k :vrlh sec u.',~y cca n :_ - :. :r%sc .. _..... VAII Fc)TP,r•7 i',^,A~I i'.?"'S ctslonz ; `I :.:< norr:e is rJ epinr,r'~i nY l'C: r t , f. - ar :'c lu'_ •~5 Slrr-, h,:,c ~. ~: 1c r.rs -n; .;n 15.Ipttrc: , hn'f bar ... n ~ ust Y^c' ':5 1t1reL: h -- , rn:~ thrE:e Una r.lc~r.ryll l:iat h5, c;f.^3;'LTC;nd! vi•~s:5 lydm t,Gii1 ~on-:t's o' vo:l ~': >_i: ,n ants vc.l ~.., ,.;:.+u;l*ain. VAIL C,i~{; CC`•ll RSr, 1GTH F„''n'i 1:1Y: 'h'r, custom [-, lilt OrCr '•C It lrs:: - , PI -.5 ! ~ ` :;1.:- -~ toot cf I;vrnn sG<1na vlln <;x;- ~:i-ui+-~va:;vs of `:cl! _:nl.',rse 17nd the Gr,r•~ !tCry~~., F~-'I,;r n -. ~r1T. l0:1 ^: n'^' ~h vlf YX11h5. tar' rn0[Sr(?.,K .`: _" -.,__ .i. Jr %'~rn'.~ra ~ r zqi fa^L12: L cranandn ~~II:,: ~YLwc,c,;;ynv.:itFrCVicwLhl5n0•r::•<n CpT]rc~CidF~ 1 > ..,.,_nJi G'. .sty .. .. .. .. .. .. .... .S540iJ^0 ii'.Y6F.'c>P.v.i..t,...,« - W iM'~.Ss.'L .s-. _~ n .i,.t''.SS'-"3.Y ~~ .u- u••~' - -'~ wrest- M ! ' ~~ 1-~ . l .: ~ ' I~,t ' -.:'~ v 1'I Commondi!-I'_:, r ~rhaps the b~sY view of the UI'.E~ae ! y and °ki ;!oCx~, In Vi71i- T?~e ~:i~r,r luxury TYrulean trio ~(JfV~("1'tl:lr .'t Vter_,V'(7?al: r"r+."I ^,Ci=t(]~'il1rC` ,'1 r • j n.•"9`!-~:.Ilf L ^,~ `IUrr1 ,n: "V<3 v.rlinln (,( - t. r.nr ,~1'. 'c ~, vncy Ylc.rch, 'ivi3i. r• ~ $ • -s. ... ... z , ........ : o C- 1 ....... : ....... n':t3 ?'1 n ...... . ~ . ... volt 1 r '. n .. -.. -..... ~ 5 - 1 i } . L~'~t '1 1 L ~ 'n l ~ ~ ! n3 c I ta' r ~•CI- ~ m ......... . Cad r , be..,rur 1 - ;.J1rV .:.. .......... IG.,,.C '~ . :J CFIAMBETtTIN: Re!dx in Y'aut oufdocxacL,zzi xh:i!n rUkinq in the maunitreenr rr~,vs or Braveir C.rc~u 54i rvea. tJo':ay COnstruc!oa thrGfl hul7rddm, throe anaanc-ha~f bdf75'.,°rn mc^srock freplaco ......................... ... S2G5.ClYJ SC4A?IO: M in-town tCOo!ICI't vnth excoaent n.7ntal historl®s. two bedroom, h'r.1 ba'h, mrsrgck tuep;cca ..............................................S1lb.CUO LOp!(ING FOR THE rf.1L'USStELE? Four units now aaai!cl>IC, bcafed high on Serra 1•arl Ore:a necJr Hight .nd Meoaows. ov©r!0.~!Cinp Vail Vc' ey Unit A 3 Jxdraom. 2 bath .....................S12t,0'l~ Vnit E1, 2 beckcom. 2 bath .. -......... .. SPR:CC7 Unit C. A bedroom, 3 Mth ........ .... ........ S1A22^_D UniT p, 3 bedroom. 2 bath ,' ....................St45,1L0 VILLAGE CEfTTER: "A Dream $f[Jr1io A(,drtmdnr° In th©hcorf 4t Vail Vil!CQg. N!agr1i11Cenl Vrexrs of ing 5kr 510pOS antl Gore CreOk t!}rough broad winpou9 wrh srn:ne:1 g':ass hlUhfi9hfs, The 750 SGUar© feet Haar p!•al, fed'ures d 1d~gr~ IN:ng aroa with harclwccd R.GO:s, cfpacbvr? firep!oce. a soannQ Cdthpdral C:~iling anC a t117~ tC!a!M1/ P.Gv'pK^ed kifch3n viilh quarry tdq fixes. Stairs !ead up to c lCrgp 12 r 1Abndroomvnfhovurvie'rvtomamiF„el rlrefas:~fuiusecf aged t3orrnVOofS an (:replace: bCOks.^alvus kdch~n wo!Is and hU1Ch, iC~arhe r '.vdh t11e Gua4;y lcrnktvra end 6%C8a110na1 OCCC550rUS tnr(lUC1BCVt fnakCS Fhi; 51Uara d drs,omCanr3Sn;a. ?ilur3'sa sss-rnrn~rr.3 tool t'vrSt5t1,5G0 VAfL TRAILS WC9T: Enxrb!y lordtc:1 in Va i ;,''ucge cn C-,cro Cfa°k. V1~k t0 snc:r'Nn}~}, rCStntllclnrs, }e 1^'i, U^d s:cl ra15. TowlTf,owL+ tyr',0 !hn,n 27C\1:0C?r73 C!v5 :f;1.1J a:f:nnlr±nt, lhrco 1>arkulg 5[.acos E'xC3ilQnr rcr a !: :` !~l:nl;y cnc !or ::: i VAIL RAC6ZUE1 CLUP: ire, UI van v~'•,'s mc;r pcL:uor CCr*zplezL75, L1xgt,:glk1 nnu br.,araam v: ch 'e!r ~ n ro^ rxxx, h i{}h COIIiT},-j5. skY+ i; l •I- Un Clf+fjr( vr1lt} 'vl i rat Sat 1. i+n;F c!', lh,? omnnfflu5 thE3 Rr1CCAf1t Club has to o!!ur ,. -., ..5572,COCf KENiVCKY FRIED CH;Ct313: 1.1+.:11 '•• 'err j. r.l na !cn5o IrlvWvrd, `n? pn'.(,Iq c,•nrt(•rship, 1: n1'st'fcn'..J'lOr1 Ifl 1/:IC7'r!:. aCU351!10 Sf'r!gf frrwn F~r, ;113 .....:...... ......$1;: l.tAs~ CI,OfHING STr)RE: u'1!I Cslublished. f'ri0!Ipnt lcasl• crud I(Y'dfiOn, vCrl LS:Cr:rutal3 ... . ................... ~ 1 i5,i.lli) tATi>E HG:'~: !a <; it i5 d s^L^,'i L[~:;ge, ap~prpx:matr;':y 6,C;::}[,clftr sln[~G;;vr y~pc-T';ltE; C.. ;7, :: r:en!urnfi front h.~o ceoro-:;ms to ~foo- rGdreorns. Iar': ~U on rhg`Z Snna L: r.: rl Vlcst tidy Idern rcr ccr~aanu use c: avner wishtnq fo sitrs?~:C ^-ient ffrO:fC C.;;G cui n'IBfll i r.`/ !i>,'In~ in Grle d.' !easlnq the Orhru f?,.'ea; C5>arin'.ant .......... .. S4i5,L~'~ Sf'RADDt.ESliJZ, F'..S10iavCE: LCCa:~C.' in do','zntaJm V.^::! un One}hC~l (.'; :: I-:9 p.; r:l e'e':"a .`.plaC" - L Ci Et'!< a'i:S f;~" Creek, wi:nm _ ,:'!ling ~s'il+t^,^ fo ca scu++.ihfa 'lr C;n :EVnil!r~s IniS d ` s.7 fl. r:dmB G!`- P,••„ :ENrdia iVVlr'.rl U'c'a5 e=ght qe?crr c:n;, two kgC:i :e r~t5, p:.'C ;rreo:dcesarld;[.cno forardmllb',rr5r=npaarehvlr,utr`'= cou!U be luro.~d mfa ore l~:I•o1.e. the gryrar,uiasl;i~? Rc'S'd^flCe Is iU'.301 tar 1n51itufiO::a! Cr ,prpOfaiC Usfr (:; ^'I< a!SO dvPl!UJ13 ........... ....................S~1Ui}.nl LQG HC761 E: SL'aClUCU tar views Of wak;rfall5: Vdil ra!aun+r; ; : r'~dro Cloy ~r.. tq:ac:aus ,rreF, lea:~'~, r ,o~.G' t> crc,cm. rr:ro both !10 holed fui'v furnlsroryon Vrr.r,vJS mule- riplea:u'e ro CrF."liE,w EY,;a"ir4 tf rE=1r71s r_.vOl:a Y.;? t0 a'JOIiBC'd pu[cnaser .......................... _........:7%S.CCi) ~'~.IS~,~~~v~ :~i~~t:~ EAGLE-VAIL: N:~.r, s ;:'e ~ ~' ^c: r?t:p'~ti s ^'tt Of?prCh:mCrC:Y 112 r•_r'? IUCCl~tl;test c;: ton Ld:~:eVa.: ' _•7 VAit GpIF CC;I. 5. vary a" ! +;ze vnN ru.,~ dlJp:r>x 'V5 ~ .. •:ar gc'~1 ~ , ,nav,; . L::': -- 5e©trlr:`:CCwI'.---:-, J:~l:.~h' _ I '>I :n V!nV: S. `.~11;':'~7 '4'C-L:t ~rlL S1RVl71F+1:' > u: :'p:Y1~ in F' c'I zcn: F!.31 L r •lh`s •.."n ~~,s~r :: T~ V> ,T I rOUlU. f t. _t h'rr r.Or ........... -~ Sr [LVE ON EAR LE f: a:: k: ':":s ;pt is r'-' ~:cr1,r':nV s:?t:ol:'t . 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'': s G: G~naece. h;r our - +P a,~~" ~w vrc l,•.Ime e'~,_algrc dl mr Tn:vn ~r r, ~, ,: r7. I SrF soeanl eier.tinn and 3' ~•. 'p11~_'r;n. r+, r'rrr,sJian, prni.nym,¢nt and C~:'rarr,e (,: 1 r., ~r.rtslr~C:rcn LPart I:,ltri. SEC7iCrJ 'a. Th,r Bonds. d Narr I Gtl v,t'rgn p a 'I ¢ '. 6'thr• f.- s Jr ~ al a .. c.. nl a r ,, cn 0 o t p, : O 0 T .l L. 'qg Ili r-,. , I r GY c4 W l,- -~Lil l0~ Lf0 '3 rrq I ~ t.d:'r ,a,n Pr _cpal o ~, me ,.,P, tu. :.re:..,de.r..:~l n.:,.... r..n r~ r.r.9a Inn , ad :... -. ..., .., ., rand ,,,.,, , I , r v. :..,..~ .,tl i _.r.^ EI Ir. n1'I t .. ,r s 1. -" 1 N v I`ti50 • } - i 3rrd ''`9 1 e,,wl, 1 -r CII'.B Un n:T tila:CY ~l4 a 1 !~ "1 ,rl Cra! Cr.:, •rl +I mipreet l f i , ~ n,. 1 n l tl ~ I.V.I X1'9 -. U ar0 n..: 1+l ..rVri lJay 01 fi 6 n x rrrr tie uu Nnvamnnr l vl „r r 1-J :I•rvv.]n t•)+J ar.J rn 1iK17 + f c I "+ .. r.:' a•n ;,,I ten rn me '1 V. L 1 ^ y ~ 101 - r d l n f d m v, _s C r 1 I ~, r .. 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Ir - ih P Y' Cnl 01 8 I11I all fln lu Ing MO 'e her 1-- n n 1 t r! ~ Y l - i.Jll -_n LVI S 5' F' d3wh'Cna } rlnr~ i ,r -rr^ 5 Or II .,cr :Sg ma t,nnp :y av¢mb[f 5, o v1 ar:y reeerr,a!Inn shall hn gn,~n by "' ~~] 'rt C n • ra:n[~ n` ll•C TGwrl. by wcl,, t I ~,:nCl CC at larsr G'z;ty nme 'ne csn,tl a,,v.. ~ p:,n' ;hr-1 rn>,z.,' vorn, r.aw y rF. ono m ~ a Uenrer PGV p:rh.osn£u ~n "~ Cri r +n it h,en r. bu,ln£ss entl S _niYShmq, tntlriJ n01. 1nCn,n a l,nan[ I dlja~nl<nl n's~a^.p• Of q^' o.tl t .; ulat,~n ~r. Naw Y~.rkclr^_w `.':;rY.. anJin ar wr:pJOCr of Ur~nCrdl cne via Iron 'n rear Celr,radn, siren Pu ama pn ^ ';`n 0: rr'se loan Ehln'+[.:r])slays rn Ep ne m.l -ee had m saCn -'-e f - 'r0 w ?UI n lice by n r l.W rl, r I ", pnytxgc ~"." - ';i y r.'.ys Pnv to the ca. 1 l s of u,cl vl •Re - I, O `5 50 ~ ,} n o rr• r Ct rz r J. I nl e -cn a r.d : J r c y - I nus. n s 2~C addr[>s Iu i~c r n f, ~'rk. S1Ch nOnCC aul~ ., hyhrolnw , o! 11: nlnm<nl of ~n ( . Inn FCrfC INt:~ tlbhrnry, I. aednr Ih,•r it n c'r,~el of yeunnal hrhnnrly nv Ina Tbwn Im +1 nl~n Ina owrr h.,1 nrVln 9nr1 IC Psy r•Gn r; 1?tl O,,dnl•gn e•,a kr., n'nrnm r r ru r.'n9e'. rotor aYnrJ ln:li •Ira l,rwrln+; n'rrl ,. r, ~cn Inn srrn.lF 0 nr ~ In [u sF } I I nl Ihn irw..1. P1J er .. 'l, { t mart lnrr nr, A.'d renv~., Ir' 1.,, Jtterm nr ,J hY 1nC low, meV ,nrtl; .1 ~+ ar Ihr I ~~~ ~, Lm:i,.l by Ilw a"J ,! :, , genrr,a'n of In..' ,r:n r r I o,,, 1.11 1, 1'^ a:•n rw1 nrdJ d ,-x , I^n venous repo `unenls or ur.: ~I1uw,rurr r'Idt L~f Antl rC ,r nenly allqui>Ie 10 Ir,a edmmnlrahcn olalnrJ l+rClnct, any paa w "._ ,: P ~+' oUart. y:~I,~~.rJrnn~re,r,..o:;,nrnl Inn i. .:r 1. n 'S-hc r-t r J \,a.:,rrndnirn I. •I",r „s Q nnl nrc• I r+ 1 rl rlr , .. d ClPCrd,nr, , I n r ~ - nnrror,, m r: cne- ¢r,l, arhv:+ rl~rl.nnenle ml IA , r,,: nl rn O'retPrvra loo .aJ Idl {I nest - nra c „In I n' r nn s o d I I ' ' 0 , y 1 A ..... Its ncu rr,J t n.,,. s I.vn ^-n+:F~+r1r+;~~~~{~1~-.,,•r~' ;iYrs~.~y~.,-_„ ice, b,., .y~,w i ...w4Y+•.nwrMY~6r.~_.,.u~.t...r.. acl~ltedu:L.,aWJK-s... _ _, u.,s ......r:.los'..-.., i r~'~~ IN T32F. CEl2TEF1 aF ~~ ;~ VAIN SIiJCE 195T ~~ Q I~f f~€~1~`~~ 1J ~~~'~'~Aa3A~ 1 ~~ J ~;cl~~ csr~-rr: P,O. L3Dx 547-Vail, CoforaCn Fi1657 Corner of L3ridge 5iroel sod isDr: t;lvek Drive [f ~.rDl~'.~r~~}M~~~a~i lj ' i - ~-'~ ~ , 3 r: 1 r ::~~,1 i 1 R1VA RIDGE tJ¢R'fH 1:610-G1~: Pori o! Lcd..e at Vail cool- 1 plea, complete usa of LodcJe facdln,~s, 'mrlnin walking dislanc0 of ski siopesand Va'rl Viilagesilocs. Cnrnerunil.3 lurk^Of1S, eaCl? bL+drUDnl h05 Sw0 dU•.Itt;g beds, {9fiva[e bulk, TV and patfD, Exrr;lleni viewf Price ...... $A00,ODG Coll BBlsy May al 2211. r I ~~~ 3~~~I~~~! ~ t:~_ i r I i ~.,. .-,,._.., j ca~aPO~1AT1: IJaT~€ ~:nT: taeluxe e=~,'n.v,ir dlt1;IDJr. 6ackstot2lhfrirw:ry.f=xcellentylewofrr.oU-,ralns.5bed- '' rvorns per side, 2,500 sq. It., skylights, J^nn-alres, 2 saunas, tastefully 4l1r111;hed? Price ... E3ic3.G00 per side, Call Fletsy May, 4'/G-P211. FULL DUPLE%: In NJest Vail high on Dnvos Trail. Good ~ ~ ranlal income p!w superb vinws of Cho Gore Valley. Call Kathy ....................................... 5263,000 _ d 1 - t r j! 1 r` a ~ >r.~ ~ ~ ,1 I • ~ i' ~ ~: ~ ..~ ~~~/-°" ....r - &KEINGi, TENNIS, GOOF, SWIMMfNC LITERAt,LY AT YOLIR FROM DOOR; Tlvs lour Moor tcNnnouse nos out- atandingvigws,51u4bedrooms,5'hba:hs,pr,vateelevaior, ' garage, irnished attic, a loft, and much mucB more, The Construction sod hnrsh work in tills unit arc the boast '~ avallnbio .................................... Sf:GO,G(]4 AYpiY TRf•PLEX: f7aslener unit, TV pit. I:lcuz7i, many exlrn appoi nlmvnls Incitidn{i 2 car 1~arage. one of Ipc flnrr M1 bedroom, 3%a bath unJts located us the Avon area. Coil Dort. Price ................................... 5254.000 ; CDM~di~RClA~ SPA~'~ RE$TAl1RANTlBAR OPPORTUNITY: n,000 square feoi, located in the core mea of Vad. Uwnar financmgavsdably. 1 Contact Mlku Dawson. ' 1 ! + ~+ LX9;1:'ItdG: Ona of lLr. rlr+r„ fie+autiful vir'.vs in Vgil must sr;'Pl,lr+nreClnlcl'r.lgr,rxUylblvelOC.Olfr!srap}r ,n.'rJ kks Fn: Ir6,r nallun c«II F?yrun ................... 5-t,;.Gr}p - 11 ~a _' ar. ~ r t..l Y ~1 k~ . r ~,:T.l .5.~, ..r -. .. ... ,L,. .. i'~'y.•.x~t'' 'a4rt>arw ,vex:~,,. ..-.:~., .. .. .....~:.._.... 1 ~ Per I'~ i T. 11" Ir, O 31,x1 ^ I r xn ~ ,J Y 9nr+{• a ,rr,l „ II ,I ,?~3 CT, I ' r,7,1 C~ 9d w~i'r4 ~ Irr ,:.i 1., I'•T n l C rl. Ir la, I t C L. 1. en, Y r 3s i W {. n i. ..d rep - q ...., ] 3r,1 c.- n2 d.t. E.U•PI I 'n '1a ~ J vs r,ntl T.-r,,, T I -.I r•v"rlat ! 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L i J j e I i~[ ~~ ' ~ ~' tj ! - 17 L V l F ~~f arc p!C35f-'d tl7 illln{]IInCC U1C l'?(CIl3 ilYe Of{P.n ll(f Of Ii'P 1~ First new ciupicx I;ieIF, in W1Li)Rlt)GF! - This b~autifuf, aininf:.stvlrfl• c!u;a;e>c is presently under T COnSLILCtiUt1 OR LOl,i'J,tS; t7riC l,uttsl f.af7i0ylhC'. pAngrnrT7!C { VIC'WS. ~ Ilrf'P f7e(!rOC11155, tN'O fUli U]til5. IOt'IG III Crr1!;1Cr'. • •II1•efec!ric kltchcn. larrie dininn arra. Utl'li\' roam u~th s~ c sforr:ge lo~I and r.„:e;nsive dec}cs 1U/D hookup, htir ~ h! ~ facing ;nu0lWes( nr maximum sunshine. ~ he nor 111west ' ~ . side offered for.si'r5.DC}0. i:f CaII TSY 5!011 In fOr A tOl1r O~ t}10 btli!dlnr~ Sitp and fPV'I'x' I i of tfl!' plans, l~.fe r: lbc~l::Li in the FSenchri:ark Snoppi:;q Cen!er in Avon. „ ~~ raosl o!Itcc hox 4CiG-avon, coFolada Q 1620 13031 5.5*. 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Irr.! .r ,y,l aggressive, I'r:uri-working ~•ilr ; assn[ I.tirt, Cali for an intr,rviaw, All rrF:heS Conhdenuaf- X109 $123rUG4 ; i S?.r}~;; i,J 174 S16g,f00 `-ts:'^a'~ 7r) tts gl~+a,sra sf~r.s~;'~ ;';2 i ; 203 57.03.000 St9;,nip 2-2 1 zla szt:>.coo s~os.cno ~.~ Sunny Sfdc of F.nl3rldge - AISp avaiiabla is t.lnitJt21?, a Iy:~ bcdroam, hvo ba!h, 1,144 square fool writ vntl, a rnry i desirable locallon - overlooks the golf course. 7-h'; r!nlt ~ t can be divided in!o rir~o senar~te rental umis. Ur:;at owner j financing. Prict?d ai,,.S196,600 [ ; Vlant Et A1l7 7rlig ;} hnriroom, 2 ba!h kn!iday Howe cor,dw ~ minium is ctlnlraliy located, t;?; a sou!hern E•xposurr. Tanta SFIC ViCSV OI the SIDpe S, b31L'pny, large rock f: fl-pl^CE:. I underground parking, pool and or>-silo management. All for...52S0,pD0 !Aare For Your ty9oney •- [aq`e-Vail duFlex..,3 h;;drntlms. 2 I ~ balks fireplace;Ind garage. 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St] nredcd [O n:Cil such sunytlulr SECTION d Hl0n1r eon Immunluar. EarnCl rs n.+r,n clM1nr n]~•• e.Pr5~5!fy pm,ICrA1, m:Am Rw P:n ecrrBssrn v I+':r' rtl IS nlCr d ii O- -!'all n. POn51 rV.J to r 'n or to l to ary yearn cuP. In1 r L ] - n a'r'.11hrrD'['!.•sl.vmrn+C :nhmr ,I,~:':rnas nnJ erN C~'mn:r5 t n!) rrr~a ~, ~n:y rrr]nl, ICmEny Ur Lla rP"ruf:CCr n :;r ra son hcf'nl qr Pny CPVC+~J.nl.corwlrl~ pn Prs!I r:n!ahnn OuCr~h F:il 11 :±:u a.n!5 %nL~ ::IUr: s. pr raC9 enrF P.cj. iUmrnl Yrhererrt LO a py n;l nn Genal! of :h£ Tnwn 5r',nh b ! I am xxcln;rvr gene! [ ul me 7 a r, a 1d any hUln r•r nl anv ft~nd5 ani dnr ...,VponS 1r.ravunEO en•Ir•nmg . `i4 fnCCV r:; roan c.: teed Inr the pa'.menl CI lr'P nr ncrodl ar d:'n Ir•P hry: rst nn'~'e i•.r ,r3s"r for anv clJUn easnn urerrnrr or oln ~rv. ;~! goon Ims Ora.n.,nco r nny of r rs c t ccrlnrnma rr •: Pln, ag s1 3 y rn 1 n nPr 12'nl ;tor 7uw c :IN I Ihr•IU n; c I L nllh<r 'r«[iy cr r~dr >•C tly Ihrnrrlu Inr. Tnw r5 row-."Y ~~ .aa,.ls:m.-ad~ ~r:~'v.L"';u"la.......r.r~ ~iR~t:SR??64'i"Sa'"':.r~: in;:,+~ 1E !t V:a-C '"s~rA s'~I l l~~r 611 r.~1`'.. ~i~w741.K n~:1~. Q' s'' Jolsl nf:ymdn Tilr:Ss,tter ~c! foaled in ur) to Cate Ic>fprmiifior, frclm nnlerioan life Insilute at Callinrnia. 5~7c:cialirirlg in i;oors. eounrer tons lobs and Showers. Working out of V<ril 2 years I3tHEpalE4lClTrir a}td xiRl[e'j1.71~ For Iint7:iiT~ ; Cuzuplaxes, }[Y~nFns E1s1d F,xxoriCLln C8~'8 .P~ ~+' ~'1'B9 g.I~:jIi1&1',f,`8~•~2'p111~1E f.flZ~f.B ^"' ~ ' ;, } j R4 Rotyx' EenarC{ancy Dsrvice Avnilabla ~'• ~- ~ '~ f j oars a4on rxs. ala / ,' '`, ~ ] yy~+~ar W~ ~¢~ p ~ ~~_ S ~Jr.Ar2~f W ~ d4i'~ ~ l ~ iL~V i '1 ! : 7 \ !M A ~ . ., a . w . . . n .. . _ A rifv7:110N OF PIO.'JElat ;.lA:.ikG7 !,SF.ti I' CM~l::P ``w _.. :l~• ' c~ai A~r:,•zzaa .. .. ~:. .,11: ..: ~r~A[PADfJ#~d• .,, r,...~. .........:5 _^.'r1'S1 ~ 11'' R I} 1 iii dE3..i.~L'1.4+4\/~~a:F ~.i 1 lJ ~f:1. ~ ~ H .'J 1 ~.i.~+J'~.ny l ' ry ~ +, r~ ^ ~ a~ c~p~} ~i E` E J ~J,tu L'sc J~ 1 a H . . , :. , . r . . 1 Doy1© nndhsLlpclataa 11F~t•; n!1'rvl,y romp;L•ted apace far Y rant to tho 1{anohln:ls'k 1ro.h::;trJLl1 I'a rk. 7'tlu hen~;i] ~ W(ll'011011ft1 AJ7aCt!:i iLPU ] ,: i(i~ .:l1U.ilV; tr,t:L ICl `111£. Ddlll t! hrLVO waG7r axzd :awelr fLtr,llltlrv. ~,! 'Ftln ll'~toao'It uruu] ore i 2 ?. r:; fi:et }'nllcr fold 1 C, fG'E't.latl}; SN1t.11 (!C'CI};1:i t,Y11'U !17: UVI?('11r11i (1(701'. For fact>tnr tnfrr•u•.:il,tf,n p'i,= l: •, c~l•I} + f `r t?iury (ytcv.111r1 L;f; F•rl]•r,'! ~~, I i a...._~,_.___.. i .___...__~..._.._ _ -_._... ---... ~. ~r~N. C53't•+1Pt)C..W.Y'L:J7a 3a,:utr:ml.r.•.:.q,+4ri'rsP.Falarf..it w;r •'ecr.NS'.~a s:.: -.:,..` rr.. n., n. [., .. ,.', ... 1 I Pan r.., 1.'... , 1 ' i. .., . . .•. ., ! , P r. ,.I I I. f' 7•~I,.. ,r5 r r ., a .'~ n .n~•., u, n. r,r .l 1, r, ,L,.n n-, ny r.t " C t ~nl nn ruin : r r r Ih: C. r5ho5.ri cn l 1 L ..~ I f tU~lr ~( , 1 .Ili o rcrrnn., r PPya'. ,c'~ I : ! Nxw YUre c~'U,r: F^E Cann'~~r1 ~,-1 :n :?<I nl r)r~•vrr. 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CI, .. n:, EI ,r; Ft"n:al' has rs crcrsee Ine inr•,. ;, ,; to ra iac rr 5'.u;O.UW !e121 pn :.:I m nl ns CPns:ruu.an Legn N~,!Ci. °'rtisr~1l h'ay }. 1'.•:.J and ~ au7 inCru9ive It11P liaiei 1. o~hA ~r ]I.`79;]'r~r'Inl W Inn rma„ tl:l ,I i.'ayl- -cl. Li ink ut t -. _ s'aying A-.': n w oll r~c~..u. , c rrn5~slrrin C: IhC pr:.] - ;r Nr:i: rednr+t.i' P::IS a a1 ~, I Su::h prrn WP31 nmauni re idC~'r puorrr.•'1•_r:,a.Un ce:a plus a prl:,nil.m Ul a; ^-r II 1 +pr•: roSWI o's,rn nrr cc ral asf ,-r^,m ~n May 1, 11:71, Ir ore W I :,E.._-r _'V .and payan:¢ in l3vIV I mnruv u! the 1In~{•:{':1 a:,•~.1 nn:°n:.a for n: cn of rnn Nrr:e: ar ;ne P": r mp pasrng Agent In^ p'rnn ~. x., a:.'s,u^.; ul ,;dc!. uch nPtnu^d a;crUan C IC;- I al rarn srcr r(CIC :h 1.' I I ~:~1 "-s A 1 c '-' ~ I S L P ~ J ,] i t cn 2^ 1,. t e '<e. 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Th.>fay:'.,enlr•'P•r, Cnril!D .', iiB 4:x::nnlni5 of urn aantls ds a:rr:. w.lna~t l~•;nx-n:r,nanl or order. lr~-1FSi,°Pnlr] I ( dl ''11F d I v Lily ! _ _ i:. ', In I C n f I P osFS ar e t t t;: C I,I.: L'r J I' ~. ,,, Jr rr J! ay "J C' JUun. r,l n'.J 1+'..,,rt a., m[ cU5 a ann .crr+SeA - E HuP::aEer 0.'1 Cr/ ntnr '1CIv, nrderg• c ~:llnan S. Ur Cd'!!, r'•r'r ;• ,arpn hY H1 r 7r)wn ana irl cnnll:a; u ; (a: y'., rue arc a;rrr.ny rya. _- CCnFSluCC s lUn :'.P dnr nrn:l3.tni.h ~ vN, crr.,r res~.u, w.o ,a.t u;.~eal lw .,;are P of ^ T1 s0 r'. Gc lq ai'ven 0l •1:• arr lJlr 1', tlli 2(, ~r' - n.mnulCnn~rr:x-a%c;; a~zcar:• ,a n~; v+: nl;la '] l U~.r.rn ar_ •r,` O 1 hnn:l S. and sd~]kl rP ~1 I t. - 11 -¢ ~pnna as toe , S,.r:~,_e ,cV+n mar„ sr•ail ho:c r;cr~r. }:,;y pu:,f, s,t:r~]:eJ ana ,iacnargca. a:?^.e, r, pw.:r:aJ. G, 5,: crd'u'Ir:Ey. :1 •%'Y s cn LS'.5tr. rt. ra4raP!r, c r ~J•C':'~i:r,n ;.I 1ni4 CrV I i!ur rI IC Jern ten held IC trP a~ a P' Ln :~n.;r•cn,rUl£ I .t vai; t!:Iq C; U (nl c y I Cr ft tt, n I rr ~ v I , 1 th. _ r ~, r.5 F erayranr•c. c-a•: SS nr , ra., ens r rr~ol r.'a :ICir: ~UH P I k.. 's d ... J lo. 9 Ihlr T,~z-, ! `S In ,.~ dl I ^.l sad n - - io 1 d r JJ ~ - a hia;T 3r"A 11 (' .v I ] i't:1 t ?OI slErr r+JQ 'h1.,L, G'.,;! li r.;l_ :ns S:n [in'r of !wa' to:,a T.6WfJ aF 5+:tlt. Flc~ney r 5':'~:: A : TC:;T ..t..yn: r_.u:lr;r: as rc,:,~. 7 Fvr. Cf[a C-r A 4- C 1:,:0 AN(- 'I a' rrt r~ i -• .r' t,, ;: 1 ..lt nr., , I,.. .1 ., u.,,l ~ r.~~ys e nl.l !. 1 •• ~" .~. 1,...15 II•d! rr U enl I dl, o l L !nB r,. ....1: s~r'a , >., r.r nr,alw .n e. .1y •.1 :: ~. rc•I r, {'. HF IT ('I,r)gINED IIY V.vr:..L LU`;Afr:7,~1,1~73 SECTIn++ 1 es ]r, ;,,p o} Ine c'~ : : r' r t~, nl voce Is r,P eJy rr" C ,I nl! _!mr Ira ,rniVn' ~,; ,+ ~ 1 I nnr',r' ,r ne~T'~. r• uh In rn,nl s, r'r•!• J; 11:',--. and • I r„'r''al+••n Ina c x500 r I Warr , ons la, 1^ s:d n rn•r 1 1 - 1 L)rrr I ~ ) 1 II -~d nol mCrC •r.r . •.u 5a to . ... Sd500 V•CI I • h 5. II nd Hart rr Ora Inpn~7, o sp ft . .. .... ...... F55.W F^' -'J - rt n f'r[es5 0l nrr NI fL'ncr Fn•s ~~ a'CS, r.:: r'F,r IUl rn5PrCl,CU m.monde h-•}r. rna I: J,n: Inclnr all GP C l::-nC'r a cr 1^n LrCP:.lr vJ'r:eaPl Ihr CI•]C:rlCal „nmh n*:urrs an,l :nsral rahcn ,s!51!:Crr Jl r,~":1 S:,C n I°e; Srrali bu as lullawe: ttV] ul lynrk hJ,rt,.r ,', s x.7!',7 - .. F25.00 MJOe !'~ ,` J.C6 hUl nCl mgrN ... 55 00 a'nre rv,;; 5,'.pCO but nc: more ~ ' n SI.~~O ~xl udl•^n u ic,rrnll .al LV:3. q I]IriUn LS„m 1rr•2.•r : ^().:U() (rrl Crrr nJl mpru I:rdn S"Jaco•I Cd.. .. ...... 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IJ,,: 1'onul UneralrJn i~~1 Ilyl ~ r~1 a0rosmnnl,deleSl Asnl NOV.~n,: !, 9 I,I f Al S a cr tvl'~.. _ I I tlnlnllA lnl [rnrlHenn lnl' !oven and! v ktC [ P I m,c,. ~' .5m " Bank w,[h n 51'FCI IU Inn mrrrrnbnn {lfll J n-P,1i,ry G'nurAI OhHyanurl Lti„' Iv' I f t - I , ~ (' i prCp BYm@ni end drsf !),)rye ul lh@CPnSil uC.l:nr1 ~nY , '"r kl r~.l n.1r`n bones pl Ir J r.+.,r 1~.c . rnl nl un, „r „r~,,a it ~ rw. ~ ~ ,, e~ ~ ]]]] LuAn N4Sns. ,ssr ad ]112 t. 1 GcP 1. I ~ 1' f ~ P ) -11 y .~ GI.,n li,C 'I Pna Pk4: A ]'. y JVI 1 1 ~ V, (lg}~aCIPW Flank Cenlrelaank Pl OCnrer, rn 5131!. C'r 'FD 1 DJ JL C 1 t. ' DAnyer Colorado, PLW4',d 5' le' 1 I - P I sP ] Inl [.crow card Thp rsrrow hmd nawnn, a 1 cn i 1 ~ T¢ u - > I n? + rr ~: ~, n J ._ ,. ~ --O'x•A• - Y M• -. AS!P EIISh Cd In Ind h a~: Fund pUrsS,en1 fP II,C S.,bor'l,n Ir 11 1 n 31 ernJn yl I ~.,. r•. ~ s 71 13~ 01 II r F tl . E3CrOw A.]rPCmenl Obl 9ahn P I ~s r 1 5x131.33 cd v]r} I „e. ~3 - ; r }~ 1fl FeUrrnl $efr,v l,•s 9rils u)rbhrals I 1191 Noe F d n~a land eaJ.U er :' ~ i ~ ~ ~•~~ intlPGledn@ss nClCr, n'N'•,abrg ~°s pursuant lP Vrd'rt ,.•h., ta. `ier,nsnl, ~SU: ~ ~~ '1 N N-' ) ~ )) wlldh nrn Onrctu;InJt.an3 Plo rn ', p.5 Ina 7ann tar lh:`a:rr ~-;Ol,he Unht ;'~~r. ~,• [ In 3~ - .13'1 ~~ !~ ~ ~~' III and Intrrrsl o! wlnrh nt 1911 an - r. nnydn2n I1 vl I +.:.Irucl,nn ~o r ~ - ° _ uncondaton ally goa'anl2nd ny Ih,• 1-n d',i 12PI ftil 1 0 '~ I P s lvl ~ Y c s r - I r _ ~ ~ -' ~.~ Slalu3 OI ArnnNge, ur y, e,d, dos 'u :.1 'rt w to reb: 1 6 I 1 d p J ~ 1 grlaranl@rrF is na nn,•c pal and n'I t'r>I oY any w+rrnnl n na 1 ~ 1 ) ntt e w }t 3 ) r ~ L c, r h y . ! ~ - J egnnfy Cr UPr50n I ~r:, l'PI an or t'a, r[vla(n nY UI wn 54o In C ' f ~ j •~ ~ 3 nd e('hn,~ as An Inslru,,: ;nlAl IY 011n,: Un ten PnICraG, ! by I 1 o p!r , h' I o f - 1 J Stnl@s pu'sllenl Iv aulh CrllY 9ranle3 ny th,: o! t' C ed cr - v-C o 1 T T r I a- v ~ h :'I CPn9lCSS OI II'@Unll=In tilalns, lye UUrCI Al C v 11 1 III L' nICS CP E i ,'fy ~~i i ~ - ;ny~:v I1JI FlSndl 1'Bar' ThC Iw@4v@ I17} munlr,q Personal pt n5.2nY ''/ t+'+ r.1wn IOr Wn u': ' : Cpmmancing en !1C I rsl Par nl JanudrY ^l ony 7CYm nas Prn„'i' ] 4 P+r n'on°y top P+ ~ - - - r ~ : _' j ~ ~ ? - ~ •r' !'~I t:d2nd8r yaar any 9 rd'~,il nn tna trnitv-lirsl !.}V 171) dnelalrn, tr J F, n[rr:nnCB I.rnar.'..,a ~ 1- I I t n' . 1 :: , I _ _ { Pf D@ermhrr OI itfn Cll,,nd Sr ya sr VI S. e;n In llte ltr•'nl lnnl'n2 e.ra.n h_a a„/Inenr,s,; .rr: r rar':il'. i t-,wr>~r ..- .um-,• -~+ ~ I Olh@f IW@I1C II?I InPn1n P4rtbd Ss Mray Irn„I rra3Pl, ]r,ln P' S nc •rtis:~:)' curr; nl Bn[ - S ~ i - ] ~ ~~ { ermAto bore bn ar3,gnalre bylHn coven cnvncl mr Tc.en, pa'n v ;n.•a, .I n z 1. ~ r n ,,, r`;'d- 'I Sinnlr r.=nu!y. i-SuiidFr's p~'rson.~r! Tome. 2.I C~ sq. tt 3 SJ as Ina a'sC81 t'fal OI Ino Town mSAlJmmg and n'P~1n„ 1 IECV. ~; I i 'I . >~.._,,~ , ,._..,,,,,.:u .svlti+f ~ , r rG, . a UMrla o,s I L„re ; ~ t]!'rSroom, "1_sz h:lhs tvln_31oom. fwmily room. carne i _,. _._~_. ------- , co gal ~~ Ica ~`ril e br 1 i,,~ ~ roent, r'_ car yacag , ocle 3nli cne half acre. All usilahie Flat P) 3 eg ,1 nn a Y•,.=h i;~ 1nL"'ofledduple>i.OnLAhfrurwayo~F~.gle-Vailgalfcourse. :l I I~1 ar i. al or r. nor, - I.n any czn~r,l onrd!o-rn r a.:l} C>PnP ; ;~ Vely private Ic>Eatlon. RL:iac:crt to 5 acre except!on. ~'~ t . °i tend Trans":r r,x a,,:.-1r,::n..:, ws:.,, nl or 5 ,OnO, ',J 1 Ih a'1e~ Obhsndn neW by o1 Pn nu,ml n: Inc ~ ,I Z7_. • - .... ~~ ~ «~il, G=nr,al OfcSS br„rar~w !tern, La"d '~¢~T.,`[~t{~• ~}~~~~y(~ ~I ~kJS ~ -( '~l:!~'~ r T ,r.;'ar 7Qt :.r.l,.-II,~,:..., , ,.r.~r JL ~'ln Y.l A..~ l(LO Q~iUai A,J ~C•1A.~F~.d.i1 _ ~'~i :III Y ul 1: ~., TPr:n f .r %~,;~ ]: :n mplvon pr r 1 ~ ) I ~ - f Three very chalce lar("e apartments (or sate Grcar,les3un ~ nl l , I 1 r " ~ Jc:a : ~~ [rt the Lardl;e at Vail contplrx. ('ali or write for fdymren,@nt.yit n - 1 ~ Inn I Telephane -I ~50$$ , 1 a:1d any pr pr ern! r ~;j dntatls, n~.ner. Pnwnn c ~ 1 , ,I or write F'.o ~~x t1!i7 j k + a,~a. Land 7r n n e 1 ,I Vail, Colora ,o : tii57 ~'S ~t of pt.er Om ya rcnwu,r c,r r~,u~m .,•no nr Ii' Suite 20t1 any rrcempl,aa dn:• ;,..rr,<, ~.a.l nr,ro ? ,I - I` Fi0(1 5pu1h Cherk'v Sit ton: ernforc neente P ra t si ' P~nvor; C'DluraJo 13U22'L/(3031 321-1G3R .t xtn avosl ha. I z, la P° sl o rmn antl rcycuH.; by s 1 vl d r I, ':,at ~ Aa~tdi'71~".~~sa3a~....r~.xis.~..L~..~,...sGSia`s....~:..r.r~. _d. lei nny last u. e,., v ~ca. o .._...~..,. W~._.._b;:i 3:26s ,n,._.~~: rer.~r - :,r's :•;r.~:.?rc",.:r,,.~a;'.:.~ wrJnyl~'y la%,en G_-, oral r af,ul FarnY I ~.« _.__w.,..--_~.. ~__.._ _~. E r [ F h~ .- , Ili t ., l ~~~ ! -:~'; ~ ({r{ ~ .I :.i i,! ~ ., I • , d 'fir` `~+' k,~ 1 r .. ki:73111 x1 "•7C+' u t' yr:'.a ~^.'y~ L- ~.I us L~ ci i .., ','-...,.,.... - .. .. ~. I ~ Only b0 miies from Denver i ', ~ Four major ski areas ~ Suml-ner Sailing . Ill ~ located c+ff Exit 205 of interstate 70 ~:,rw..w:~r___..:.-~ ..._.._..,~_.._.~._:r:,.. _--., ._._..~..~..._.-..__ _...~.:..:._..::..___.....F~:,JS.~..~ . w_~ • .. }I'mo' ~ ~ ~. .' .~, • ,. _ u r, , i.. •., :'t .: _ ...._: _. .. -- ~} E r}t.ati~uliy a,~~ointed, . • . ~ designer caodinated interiors, 'r~ it ,;..; ~•.,,,,.-:.." :.. "..., • . in Dillor,'s newest Gddre-ss of distinction, ' - ~ f~om,.,~162,G00, .. . ' Rcaservai ion ~ n:~•,•r1 ;:;,ping ac:cpi}tad. kr ~.Jy(/ a~ ~ ~~ ~[t! t[ IF,r-~s~ ~ ~~T,w f'~T.7 ~ 1 a'`.f' 7 \VI F47 { ~ .l I ~I w•., - I {\aturally elegant, superbly located aro't/e the Gili;;n Yc_,rl~t Bc,sii-i. ---~~' _-`"~' :~3 Startlnc,~ at S115,000 . -_ ... . ~ `~`; ~'~ '~:; ~~~_-' f ;i~ s -' ', ~ Gam; .'~ {- J "~' i' -> , _ ~ - - n! 4~ ~ ,I i,,'y`, ',.i , `~fn] -'I ~.C~.~'n3r '4}Qaa4 riiilra» /'A ;lr'! ~;'i ~ ~ ~ : , _ r`~ t~ ,i , e \ ~.. ~ ' I=' F .. ..,. _.,.. ,. ~ 1r f" it C~~~i Li''./,;']e~ 1~'~e.r..t..ir:~ 1,:, i]r"ri I,. ... :ai3 •~ •, .. "_ I ~I}. ~•i : ~ ~ t. ~. ~yt.f.3~~lJi~'lr),~Yn'f1CJ: Rj.'i~y3:C~~ Cis .. ~. _.J`J31' 'J , .,.. ~ - - ~ ~~ ~`rl .( I~ ,+ ...,.' '~~~ `~ ~,I __.i ``i i L1 (5.~ 1111' i•rlt( file l! - .+I •.r 1'~r .... 1!rr:ll .. , ~. i , ll.,flr .,re r•i ~r I. i ,. , In .. 1~„ "111,, ., ~ ,,, ~,I Yrnr e n ~ „n r.. ~ .. 1711 pro ..~] . . .. Y ~ ~ + 1r. upon ni ,b•, .1 , 1 , r..e : cn,: T fl~~r .t .,a Ir:,,, r, v i}.o {I, !IY VI 1' T 113 V') ,Irk n, I .1 ~ } ,It: r'1p , r1 I rO.IF Rti'1 a,r D' n1,,1. rrr 14n ' r1 r. ` ' 1•: ICt!t e m.,J lr•,m 1r•C,,,.rnn hml, rr no„n Fn~J rrea. , r r.,yr 11 ., ['r '. 'r • '' ... i p., "roar ~,V.~r~..1aA:in~'~i.1 .~..~~yvA.»-T.6 ` ~1 , .. _ .. y.r~aY li-4. -_ .. ~..~..,. a ~ ~ ~ ,. ,,,~ { 4 yl ri r •z `r j -•-. 1 f I 1 ~LL ~ r ~ r ' ! , '< GULP COARSE 14YF3 F:1L:r;,4Y: F.!Mr C. -::^•il '. ~'.:: ~x 1"!V 5 ~~ nP.W CUloii7ndlr 7 !;C:fr• :.t;5 ft7 1; !n 1 lxadrncros. i'. bu'hs f11ts L'It and c7r r t-T l r t,.y <ntd ll's ti'rrcr:tnl anti rertJ'; tar x „ly,:,r~l .`lsd nvailaYae al ........ ... - ` rl'~ F:~ CLQSE Tn @EAVE~ c;l;'1:Eg•• ?. a-'urcrnZ 2 I .'h tcridominJUmanl'Y F'!0 0l c rnt!u Iron: Lv:(;5sr;mCEtOlhc C~ aver C:uc k Ski Paen Unlurrsnl.d hvailc::, e ~ al .............................. .... ....... 5!IO,CC'0 FErLI. DUPLEX; r1'ICec4 k>elow mur;:ni (S77 err =^;::,ey loom L':>rtpirc unit has !hrne hr7dra:.;:t<, h_,gLa loft. !!i:Nt, :,c?hs. sauru. I!",ree me5srcxY, r,~;ta.L:;. Y;a;r+ ca;le`:ral ceiling. andlosalstattTge IaJ'n'.:runtt~!.rsrr:;,t_droo;ru. one L,a?h and hr+^placr/ Located On n t•:nli ! .;:^_cG;,c c! ' l/2 Hero IUt 3 httl~s vmst of L!ars;y~od rxeellvr•! o:•mr~,^ 1_ 1irJarc{nr~ w:Ih rat;nLlar rio•.,rn[ta}•ment r~5!:; na, 5?r!S.Jr~ , ,•77] SIDfGLE PAI.SII,Y H02rfE: 2 crcrrs Ihts 4 yr_•n; cid. Shree bedrenm 7. UGIh home Pr.JS a loll =tomc7r u; t' T, !?r.Ced yard and is On a heavily +>vobcled Icl Icr n,~~r-.urrt ' riva 3d k f p ay ea or lt]cals or as n vacation hO:;.r~ F raced al t€ On1Y........ "I:.'i.0.7 h~ B1Gf101W Hr7MT''. IAt17c hc,mo orl a wcud^~ !ot In the ' _~ @lgharrl 5rd additlOn ~ h1s home has a ll? n.: r.: 101, rental ' ' una. hot tub. ovarstx~+d gcrntte. s!:,acJaus in9 n.r r;; ,a ai:'1 F7lenty of parkLng all for c;ldr~r S95 Ix~r s; ire foct I~ n!urnished ............... . ............... :-:0 tiC0 EEisTI'1'1k17L 1/2 13U'FLq( O:'1 @ALU hfOUV'I:•"N ROf,]]: 3 I bEi;lraon:s, 3 boths. l0?!. 7ryr,~et]lJOUSe w,!h ho! n!'l, I rar gamgtT and calhedrnl cr;lntgs are aman~ the many ; tec.[ur~~s. C>4.rnor financing avcnia~le. Unturr:.;h^i ...... !~ ............................................. 527.500 I 77M@E€iFAL1S•EAST VAri: This 900 square for;i nrcund level candominiunt of Iwo heciroGms has sv.lmrntt+3 pap?, tennis courts and the prrvary ai!ordurl law .. condominiums. Avutfab!o unfurnshed a...... ~iti5,000 Y.£5'i' YAIIr 1/: lltiPfl-o: A must tb roa and 'Huy, ouES!anduJg land ;,a[:in0 and seclusion trom c"aced ~.~ prolserlrec. Untumuh:•d .. ................. .. SJa6.t7:~7 C~tYTE CREEK Runs n^ht Iltraugh this IOVn!'; 7.4 a::rG property. T7Je vn>il bwii surge Icrn:IY home.::- a:::c^m. j 1.75hcrthsltsamtdaweliEil:drop^_ciycrdt;..:f:w_f'.,resa ', 3 picrrta Fxnnilton. s,t.all watt':-;aft arts k:r~oul;;~i1 '.-,_~ws cl Grouse lJOUntaln Owner 11rrsT.tcirg sa>,~alf^:::~:t;150.G00 ~ ' Silt•IfiI11GE G•205: Fxcel!rrrl rwa b~*dTr,Om cr,:~,!crr:i:uum ' near the new P,:waver Cme•]: ski araa Goad a^furr~Rry1~:1 with gcbd assurnab!e linanckng avar;a:;!e .... 5105 (.'L'0 D81'ECEiIdA]iI{ COND01~12itE)l~C A•2.4: Two itrEirc rot. l t~th wt@t a beau;i!u] i•ioty c+I Pclrvar Cr> ek f::;, ei or:t s!arrr ` illllt W{I!y G};CEt:LE1,fF Shf:ti Ir.'!ln rer.?ai 7ioi~n,.al. $.'9 ~i,~ ! I WES'StiliND t70. 30p; Great t,r,.ws cl ~'csl :.:ct:r.;a:n in this % s hvo beCiroor;t, Iwo txith hrme some 20p ~!,~s Sr-.:t trorn ~ j Vo1i's orily gardola. Available [urrustlea a! ... 37.!O,000 ~1 ~s~1z3a~'~~~~.lal ;_.I 11'ZESTAllRA1V1' & EAk: Lcaa,ea In :l:z ccr~ c;o~z, newly ramgctoled Fa{CELLE!v'f lncoma flyer s, vars. al!;nc;rve 19ost7, inciudos all lixtures, nqulpmenl are left ~hcld i ~ improvem©nls. hlpce n:duc~~cl Io ........ . ... . . S I:A,D00 ' I ' II ' ~L3~~C~~~'~' Srtt635 ,.. EAGLE; fAt 1r5, @SOak 1, Lull 1':Y:ur~ suad:v':slcn F.xcclienl i ? buiidlgg srto near the TOVm park Owrer linarcina .... + ....................r..........................5;'5 000 .! `~ l?a:~~~ ~~~~~xe~ 6Ct1 PLUS AC!r'.55: NaaL:!uL.! r I. ~[t-r.•.^s'.;;'..] :..n.; c-;;]olts Lccct.zd on Ht7;hw.:y 131 i:c-ry~,I-~n .,:.p rand 5learitl;ccrl, Inclu3r:c ) La~lrarm. I b.ah r!.~.::,:: ph.:c outbLCldings. Ownc: Lrxa'rca'.g rnzu!ahle .. , , . .:IS LUIXI I~ ,: Val] Nailpna] aarJc 6uL'c; lltg~5ul:e ,703 P.O 13nx 1n'7. Vv;i. Colorado f43G57 (903) i7W1606 Y ~~ {(?°.,'~1t. L; yr,~lj~,.,~ Wnplveyou ~r. 11 )i I r' ~ .°; - 3: - {~ p 1:JlTC1 ~ r .•1 ~ `9 I ~ 1 ., . 4 ~ -1,~ I ,,~ , 1 t i r Ir t,I ..a ~ : ' Oren fclln!n o.rr J: ;.I rr; L+r ~"": ' 1 Hobert Iua•rv !'lhr :,.;.' •u { { :` LsIC hi nun Jncaur,;o 6oir: nos ~~^°r i r~ ns1.~ :, 1.:..:, 1 ,I,. r 'r rr. 1 r r , "p :1 w vnrp :I cuennon ar I'~h'r~r 1 1 rl ^ /.I ~ Ih L 11 -3 r ft -'1n I I nrpf: •., U s h' 1 I- I~ ,6 JJ1rCS5P~0 5 , , r:+1;iC ha ,a a, me s Lf ~ ,~, 5n.rl Sn~-r f. ~ V 1„~ nahCS Sa l,: hw r. ~.. •,t rc~r •=tl~rTpL h. L ' pla dy :1 p a,e anu rI - e rn a' nJ ,ra ro attrve Ins auna r , ul , ,:I I nn epyr r. r '~i r I1., rC~ Q! ~r.r ' ~ V: it C C1Cf.'aCn rt t~.! : n~f.l C 'CfraY, ur a r,l drew publ c.. .. m6 r ~r t,.:~ rJ.m, la rt ~r+d nut r I I I,c,I I Ci 1 ,~- t ',.il•nlR 1 e. I 1 ~ 5 mopav ann d .ce ~, , , r11 . rsr.,r.. -r 1' Ilr c7 - 1 '.;C 'at r Pccrlr 1 55 1 1 I~-: Y ~rtue or v~ n„r C.~i11 IbIU^ I Ito C} r IE; tc I Calo : I, Urn' l i e V ,.J a' I CJ n0 L 1 1 pf•.-, 1,~ SSi/dn 0 (! - 1 - 11 I S etr n,DV I tl ~ a I a 1 n r n r Y... r-vr^Mr -n ~.veh by~lhe crn„cr cu . ra cl ele Toart ,rt ,szu:ng fns ao:~J. II ~ ruY; n,cr h..,C~;r ,.-,;1. v, turn LCA .r.6 L olv nrl a t- ~ j A-BCd 2 y ~ ,t - n Y hn,nat oa nr ~~ r s c,car.a nr I a t. I I rown, tool t a ~ I ,~ I'rR I !ne Town of I I u r. g 3 •e asuan r -1 f t Yr~ the puai 1 CV r - I Ih 1 ring at sluts - I ~ I, trm mac, r u T I r anrnlal la.u r ] :a y I r„Y„ Y, 1n II t Jo.Ina aap of me t ew a e i t e nn'u t man Iv I I c d Ic a+ - pl t v : T as n c calf} -,J l ,] s l c' ,I Ic c I a ~ Aa' n Ihrs wn.5 .u I _ar:,. r „ ~,vely DeCOme Gnr~ 25 The lull ra:{T ,CrS Cn: tl:t ~: In=Town orV„I rn me Caunly el ea'':_ enc Srae o:. COrnradn. Is nereDy pICR,:MI r,-: r-r. ;:,, n r: n:-,' nay~n.nr of Inc L c 6,InGl r I f,~3 6 Irtp RC 5 r 3 ~. L IY a C 4C. tlMC'i th pl Cn G ,1 v ~': F C- Ong, ! S J h .h '' In Fonr15011 n.1ss ,•e sr.eJ anu .!:,:]Inn. our : I~,n:tllron: Cu.`,-S:I;,n 1^r i:,r.~'. n.~1 :`: li:l _ - II I : r s r ~ons -r~l t - P U-NOS C1 th' N ~ '15 a 'I I' ~~ S ? 1 '~~d q:hgal0 CII .: fOv.+t ., ,. In..m .rs rl 1s Tovm Covnra J• ,,.I a'. 1:1C r: s ar:A Ie.M TES ilrli':~,r :.•I;~';,E ~;"~r ,nrlown Cwncu or Inc ;o,n ~:I ~::! i:,: ,vr.v co bzr. j r;eusea mis Elore to r...;.:.,:Ire a:n mer,m,•a, C d on O~+n'u of Ir:a r:v.. ~, wv~ nu rac::rrnan slgnaturr:of:nelua+r;: a'1 ~r,,:~.n, rube s, ulny { w:!n s lacsur.ne r: i•..: •..sl •,I r~•^ yawn ;u nc a[:e.ietl by II;C n,aru.,l s.: ^.rt,:•r.:r the r;. rvr, C:~rk Or tnp YO'Yrrn r•,SC*•:sv:S lnr rnlnr.,•y[ CCJr'on4 alto C:~nrl ! •,+, :'+ In ,`,:• 'rvr-u:.n +v,ih tnr lacsimee sq:e,,:•,.:.r r rnr. ,1,1vor nl :rm rown, all as of ;hv Isl u.r vl;rr':'],umDr,•r, 1.7Nn T(JJVN OF vnl~ GCLe:-:.'.JO r , acsw::IC SI:l::ar:rel f ATTEST: Al:Var Tp Yrn Clark (Manual 5lynalure) ~~ IEnJ cl Form o! nand) rFOrm or InE•~rest Covoon) No. 5 On the 1st Oay u, kay a•a .~'a mn,Der, 19 unrest the none t n q aw!•]Cr+qJ has b'• ! r~r ;,.~ r •Jr nrn p Tn n Jr Vd 1, ..f.. ',r ; yon MateMC.alcrz.n, :. - ,nr v+ewn nerval .n Slataa yr A:nrr.:.l w•~,^1 r . au~~:ed e lCnan ~'.1.'. r. rrn 1-r n.1nk ~ O. C6lna hnn ~r .. 1:..-r rat O~ aenYnr , nrk.r] nr.nn I].; 0. Srrr i n,:. r i•e.,J• r.al«J MIL TO'ha! rc u/. t ='Lrnn(N'. sscrlGM. sa.~ ~1 r ., ,.. A MPrest ~ nr no as u.] ,15 ~; aFr. :~ r t,. Ill rw~i r`: r .....,.. ., r n , t , 1 1 .11 ~' LJ .n'-. ' + f'•] I inn e $:a I t ..,. R, -J to -f`.-, ... i J. c....J lry~ .. oar ~ 'rt .. !I -!1 t ,..r. ~ nc 1r nr4 I ~ . r~ n,rr.. ,,..,, . :,r'1 .1 rn s. T 1" F. rJ rat wA~ . I .... r : r , I:IV r .r V. F - 1.,tr 1 [.., ~ r ! l rr, I. 1, YI „S' nP ~ ~ r.l`1 ll be -~ !„TI .,,Y .ri[ r i ~_-_.~.~~,-ail-lhe,Eln WU?"~i~CU5E? (7::l~{l~E'C1gE3 JC~GCG' ';~ ' I ~ rl AvCiia~i~ Imrnedic7tcf;;! i'~ F 400 !G 1 r-^,J E~'uoro Fr~l )~ ;~ i iit't~.rhe?^.:1 .- - - 1! h(.'C1r fS^.' [•uIT'^rly~ •.! r .. 5U„ {., -..~. Feet. ~~ `~ -vr 1. yr -~'„ - ':d rr.p.. ^I. :'rycr - cu. I~ 1 t„•i 3 e i ~'-,~ t`'.1 : Ar. ~~,,.'tr~9 i i r ~..: ~~r~ I~ ,-~ ' ' -5542 ;~ .~ a O , c < _r;c. -b .. C.r,lorado 31 X57 ~~-A ... ..,.::.Y_~-a _ r.. .aat.r .,..:..,.,....sue --~:..__.~ ~..;rr.4w%`r iy, i i7 1 1 r I r r-3 ' ~eII e" :at 2i„~:Fi1 G~ Cr h~t~~~ ,tea ..-p_,rr,~~_F_. ,r,.. 3 ,~~~ii .~-..3e..~ 4 i miles north •.;; V;!~I in one ;,; the most. nIn.OCd:`d !::'.'.r.f trfii n!,ret•s!iL'•ped art'flc i.'1 r:ll Of CGIGr.tdO. Ibis F>!!:;':n F>L:;I[: IllUil(il'ti 7,2•i° ~rlrs OF dcede;f i<^nd, o-urrcundru hp r-:ore ih, n aJ,(,Y,K7 acres a( I:.rh!i~ E.~nris. V.•,rh cy;;;,lrTndincl •aer+r, eli<, anr] n2>urr huniinrt rJnd trout far n~; t' t r 'r, 1 i fro n ~- ov iand f r i 1 :u the 1 u~ C : o err io , rvn7ds ut Inm ! ,rlr c •ril ¢ f r iert f 'F v c1 :,I L. r*J .I,p, ..-. r. -t: . :• !an ttre ~: o: x•r!'r. r.'~ :Inds, a;'T:ro,:, .,I r!;, ' r ~ r1. , r:' . r i'UI ' e I'd nCh. ¢ Gi'i, • 'Y ~' I' i •rOr 411 nCr,., i'~r'~r'•"'t r I '• f':! vn cf lit: r t ]Ce unll i+e o!xn s;h3re. l-rv:rr, 1.:rs•I 1;.., :npl•d hlr.~•~s. 3~r: rrl,rn~,ai.:n : ,•:rtN n~q f'i~t rk;~]m^ni or•+;> . r :. r,..,.vtr ~ ~:'•~.~: n• hn,tl„~]!b:.r oltul~7:r'•; lr:~lr ir!, Eir;•.!t, lr i].r f ir}}p ;-;,-,_, k1 r~!case tanE.x t: BUJ. ~ .t^^. .- ' .r~ li ,- 1 r.. .. .. r , . I r.y r J~ r `ra ' ^+... ,wss.. __. - .- ~` r , Pre `ro tl rod al5 I .' er,r r r t , ra r.r' r r ~ . A~.., aw r 1 r P [a,nfll ,r,r 0^ t r.r"N,.rE+ C,n,n r ~~, :. i r. 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Ge .s Tdl nMen,n=Sd d' dtl f '1 l'1' t nrn,'Pmc'r, nr.I n -p- F a Crtorr t, r m ~' p.1 r ~ , - c - ara• r-.,:rl dr r,•,r,c ra ? d nir -I I 51 , i 3v cr@nnrd:.,:nJ L,Jn F Id II ,r rrnt n^S's I. n n h, . ,Srp nnl <r'll Crlnl !U tras p'ri+asc I J 5w n 111 1 Io 1 P r' ars.~rnn n,•at maG'•m•I ina!allm I I ae dpc ma u. 'd OCn'JRI U f Sy F ng II Cn OJI,I ne q 171 P 111 F ,r n~'~n:5 lne nn.s• I nr,J ing:a,:rnen) al rrlnCn•,I d4C un ar V +r I OUr9l' Pn Yan1y ti~nns m@n V W nd nq. 5ucn n IJresl a'•d pnnmpal anaR hl 1 ply Ddid whe ^tlc,• ' +ejp Fr•±••1:; t0l:,U E7onJ nd shhll Ce acrd I„ pJ.: In+u: n: Sersren H.-n '. m n13 Rr Ina Cierara, OU';:-"pn 1'r:r ly [f ,nC~ fnnn Oalsla nd rn ~. d] su:n prbl :;r•rvlc,5 RE']o. rrmrnls hvcamd dun 71w N-t Pi:OarJ Rtmnaee as rl'Grr vrU shnl4 Ir - be err@rtod rmn tdra;r IP I c Bona ! rind and Y rl. ~. I E I~ I , .1 I .. : :e L,n., , I r ti YI _ I - I I .. !, rr+V ~ r 1 cI I l 1 L tl F rPr rl V 1 t r f [ ) ] r UI [ • ~: rrr „s I rll rr : I^r P - 11 n I t I I~ ' r s ~^.H rl ,V-~Sli' tl, T 1 p h. F n 1 `ti T 1 t r' r 0 UC]n y i n - 1: r a tl t z I I.I ,Inr r 1 ~ I s I ~ fi r ~ II el "r' r,n ! I I I I hl 11 1 J ~',' r 1.. y 1s I I '.1 f Jtnr tl ~ 1 `` r i < l L, .,!'nn Bonds h) .:n. f C LI 1 1 : ,n, Vr Cr', I;r rl rs ;' , Tdvrn ,, r ,,.n a I hrnc to I r,t I - -n A I ~ nr f ~ 'Y Gtr nr.lr ! fJn I ~~nnrn O_I.q.i:, r 'r 10 lu Ul l•, - 10 ~[ !1 I n2nl In .I.Un Or PI I u '. YI l H r C 1 I.n[ Int t ~i an'rJ In a sp VC'el atCOUnI Wrt' •+;nr fVn•1 n ]V C t~~ 0 111 1!r T t' - P ] n6 rPr !Fe n.i 1'rl,rni 0111V Crrn,;rP n nl Prra CLnrfal [' ' ]. 1 J Pt Y n 1 td J Eef05l On lln; G<: n.is NyJVmp OI I, 1`JdU tZO+rd: i /ah ! W J i I 9nly SECTION 6. CorpnrnU and rrovslena. T -i h- 1 P, VY-l •nr nl3 and Eg Cr w IP } (9 O} 4 r +!] t'It inn ,,urL. a 1' J I' ! I 1 Ur ra to i na, and m. 'S P• "'•a Pr .= whrcn 9 rnrl rr nor t Di !s t~a!ra,.l wrhr such uPlprn, womb Fcrn:lRn:9 dR: P'U",s:nn4 sndn nn x.,pt by Inn 'TaSm CPnlr^udus:y Vnnl Ulr pl Inn [SUnda and th@ InIP•rsl Iny rC~n, nave bcrn IVNv p1:rl and G schary Cd. EO t1,C rhrct Rr+V PV•I1 ,3 Innl. A. Lary and Cpi nclrun oS An VOInr ', T'. If @,.karra lbn cult Survlc^. R.rou r n a nl the SJnds rn 194'1 and 1991 sn REr L'+: au /1r'.c.l 'tram am re,e nr,•iwrr.ntls Pl =hu Tnw„ Iswrwly 'era•raaltl rn+,•Crnr FPr Inn I,:n Va3l' Pt Tp,mbLr ~ y ~ earn RCC RreC a1f 14 S ' 'VurpJSe ek P y-n4 rnn 0@bl se i Rcaarn r a or r- Nn:'nx ns eh prvwnmw e d P,YablO m,nrvri 'T C c l I a vn sr,nh n s y l pod CCrifya '1r, 0}ICYY IUr ad valnnnn l.,..~a in lr~u6o]rC'I Caantr CPlnin:MlP nt•rs ct Fan!a ar'L ;n. w 'cn tas+J. m a'.sdrlior io arlCinCrlax:t v en On anV'mt;•r',nr.i ~,rr)PF'tr rn :,,v 1 nnn~^v nich nl Ih" ,CCrs 1 uFG FV 1?'ii ,nc l:rsrvV a,nn ad v;n Crenr lan tp rCn VCe SuItrC lE-r4 Id maaa Soto 'rarmnrr3;mtnl nnJ I7 I.romplly marl arln Phl' pben Oeb! 5rr.,rn licqurrunlenls ns mu xdma ppcum. d~c, Tnc I.{xes wlFl'rl CdllaCled 611111 bn Rppllao '~nloly for I»b nlympnl a! u:n ooL: srrl•rr~ Ra3u:ren rnu of u,e Henna, rasp;cE sr.iy anal tnc Uon a r ~ s to pr nrlp a 3•'I .,1.rr.,r 3n]II r' Iu- Pd fl 53[s':r3 anJ r s roan, pro",doe nan ,+ar Inal n-Ih ,ncro. rem 2051d1ndd 1J:,I= at :O Cn: iGLOr1 C9 ll Pr:,Cnr blh@TPwn I:Crn CJnrmrl:'ntJ ann pnniyinlj Rr:y V'Inf Or fnvnnuef Inal n' npn Or 6Crraller M 'n ;nC troJSUry cl Ir.i11idxr arty IL'JMiy ivs Inn[r ICr Inn p'afpdn0 UI F'r51m1 II h m:ercn en or Pnrrranl m n,a nrnnk 'Jnd uPan !hr dRAIrCd:~Jn nl any pillar ]I•L:, iV!rds nl Ic+e»~_, a. r'„rres'tl, Ih@ lour nr Ivrias lo' nb xaidrern nuu, I:rrd,n pmv,ned m.1v snarorrporr ~C dimrr:•fned In Ina re;:.n1 lnV nrh4 Snrv,[n Fj!'QurrEmJnia n! V,n i!Pnr1f Itlr ror rarl'CUi.lr yP~r h3v@ Hato prp4',CC7 10: lronr ellcn Orln'! rjm0a cr ravr lr; c3 ir9: IIV •1vNlkn,p lul stluh pVrpPee fns fnr eJ',rr.h prOVislnnf Ur Irrl9 ~rdrnanV r, IOge'nCr W: n, Inp prevlsrons o}Inp t)c++d Furcn ];a Rgreomenl, are naraoY ~eCldre[ rocs [ne cerl,nCaln of Inn TUWn to IhC BOartl of c;PV11:y CemmrSlrPnah of Fa:rir Bounty fg1JIJCO, Snowm~ Ibn dCy'rCr)a1C ~mpVnt er Idre`S S6 an Ixr Utl IOr nm puiVOSC ilgre said by sa'rtl ~Jflra PI feVniy QOmmissraners rr4m nine l0 trine As rN(IulrCd by law, Ipr rno Obroosa pf p•,Ym9 lno Uanl r,rro nroanrmr:nrs of inn Banee ea me snow shah herezllar acrrua ' Tot Town sryau preacnba end mFd en rg0taaxry rod prdydr slCps promPUY to enlPrcl tna payment el Inv ad velaram laves I&r etl pursunm to tf,ia Urdinanca- Toe atl yriorcm tries Rrpvrtlad !or hrreln n P ~c r r ' Rrov, Iv.. I5r ,'vrv r;sc•rl ~+. v r s .lnJ Uln,'r I..l y i Ily Ihrr, Vr %~, - Ir Il~ul'nl n9rn'rn rsrf )~n 11 Chl ] l Ffa,C^ur3 lur .~ I pl I C CC, t ,v n ]cr rr n. + rn l G nr,nrsl rJi~' :, l;r.l:r P.If'IY !k,'::]s is t, .:-.e I'Jrn Pn ~InC:f .`~`I.~a Tut nNVrnak•s n r:'Y prewdpry IPr r,l ihal r'Sn:l Yr;,rl- u .:+~C~l nor amnrd :e a'ryrnent dr any ~i: lVn rll ()c,s l'• Sn /P,E nt ,!;. pn. ny W l:r nrJ :-n' Ih LnrP l • ,• m b,. I!or c: + n reso_m to . I• .. ..l es Tn+ ra,.Cm,cs ~ ~ ~ So Innq as Vin 9unds run O anJ .i 1 % me Town s u'' uL ] 0 J r lv ara tar rd n - oa l O mcr No. 1, ,n a rYl ~ ': I4 l7 U I C)r:rt Vlhnr rev O l rn {I 015 l~F:nQU,rcr non ply Wn. ,. .n,n'sn~ne rpvvn•,. s•..sr,r nr~me fsunm: Nstn iny^ rn m. s ordrna ncV s~ nir h•; m•r'.1•..ra ' r.;pnn.r lu lirr,nnr `h--@ i3i:r r'.rn ;:; .... Town n1 .~ )rtA; Or:: r,al•l•nf ai .rn'J '.:~:.: rV. prP+iUm inn ~ocnd ac dvvr,e, Q;,bgarucs a reaund ,n ) and Hoer cC,grsrerl t^P pro'. n-guns n'!d Inn,lal:J„a 4 .-r) ~. v. , rnG<Nt•r PL']r 'd Fier: nuts r er.;~r ., , I'v r'r CPYCnenls rlraur •n S~.clror,.l SA ~.^.:: f.! r-.;.SCI Inn I:I '~ r cnvnnarn-, J r.•:: P'ti,t.: aiY11F=.n VL ;, a5 rP: i r ' - d I ~ L'nnd F,rr'1 1 ~ - In p1Y ~ ;t : nr IrC P1: U!.ln - ` ti' i. '96.: F ' I I.d'anJ n ..,s rn' -r'h :~'~ lur Inr r.lYTCnI'Jr Inn uric, r,IP'r ~.,r ,'r ~: ice,:, .. on inr bc:r; f !.J•:•nr@,v l I -. For i; en,l lr ~s 11 F J r ) ',r:C I rs: tlcrvnry nl 7 - nnrurrv n.~zr. ~'sn vlr scm•ro,::ciy~•F~ ~~~~-r5r r^~ Her rrr^ rrwr.,s anv a^:nn or ~: rrr::,.. ~ rs v .nn rrr Vr :. p~s•n'-r arlJ t'.n r, .- . ~ nrnarm arr: L :,n•actvar pmrisp~s r o-~d-,v n, ;na fi,.l l! nava p•r ,r3ly n,Cr dnY nr :-~ rr Oam]a:iar:5 I:nd " L•:I,u_:i 01 I^.? Ten, .+ r.:n': ,19 n+)rr;:n PI:`Cr W:eC PkprCttlY prrv~:;n:;l~and Inn Iron .'1 tn,s p•Cn'Ir snarl bn sR,: n ar a P:re~nr, of e9n•as: a:. r+a.~s n:rvrr,n c~•nn's n• .,,:.:rc In ton, rOn oar; or 0!nrrw4r .1a.irr;I t"r Tn.r=z IeMGC nI •, Crn~n din erw:,L' ,c11• pruvwrdl, r of w rnirer sV..r ...1 es Wert ol,ca r~. Too li"+n .nr r.,r lrn^ps0 nn3 r,Cll,:cl mcrnn• ICr ton Ur Vlp,: r. P'Cn Snnll prOC„cr::~;:~! p~.•d :r1 1!rvenurs ar:'tn snap b0 1r,:'rc:enl Ic:.d.n With nn vllnr:~m 1a.•+s. Hrrua •,f :, navnmm3 &r,: rlL~r Snga:y avt:rnelr ~'rnds. f0 cry Wn.,n d•m xne :n r,,J wr w~aa P]I o+. In ICld51 on Sr. •: ,:ny preen: um C,le an cunnCCbpn Wllh IhU rnd•~^i4nOn of Inc norms Tlw town ;,nn at all !r nk\ra:C tr:C PrPI@4r nrUnrrl Y and in R so Vntl enp C{ CnJnuCnl [.nir~ ~/i~LL.-C-iK~/ 7~[~l'/~iirl:At'd., ..Jyic%. i REAI. E-S7A7E ' rc?\u~r.rrlal ~t''4.r.1~ i Center t7! 1-ionE lcJ-i LruIF rxa i;rnt ,•v, `•'•u rr': 1„';ru!y salon u•i[I) yval its` fixtares anJ s:rn1. rh c'n hir. A[tra~Nrril' JdeorarcJ scirh E,fla r,l hdnr. itr.n„naLlr irn.,a•. I• t1SpLi,\~'r'1Sf'f~ i ~I'u~V,X:I'11 7u~u-brdrnunf amt m asq+cr r'r,n.irrnre ,,:nl n1Jn3' extra,. Clu,c cn lnW'n, huthnc. cirnn'nr 1r4'r iv nr. ,leni I+.Fr l.. i'rrirr: P for local faintly ur rn)E'Is+)'rr Ilsrcxulc tike r:rr}vn ne. Fam+Jus't Ilarrialtr 1cPShel,Jr,'a•r, ,ii.hssa,i,rr._~n7,i1'il. l,ot 1 t: 1N11xi; E. hhm:: ~, ri :t,;h•-l:n;.,._un,5l'll CJrJlr:r.el y,rmmrr.r.li :rrr: r~r:n!urrr,.l; .:,.:~:~nl\•i I:x,rlir'I,I ~;~ t•vl'. r-arr l0 14•aarr t r, kw :ual h'rp•r'ral': ; I' 9;,,,_,1_\( I I+I:~.lyl ?r,rFl:~l r+;:r,rl._`r.[~ ~.' '~_._.'--~ fir. i , Sh nylr. i t s ' s :.16,11 ~ t: r,.r.r .~I Ir,r.,, l~h.rtlrr I Cutnlu, nn LIrn;1n1:'; `,'. I +. vil:'nr1'. r:',.• r. r:nr,m,, ss ,'ter I I•\4;i•_r?:ll ,.~•w'! 4 •\fl`._II ".S t.. tl• }; f '; I','lA T I'l u ,-w h't`.t.r., al P.r ~nl i,~ .:t. I-l.:rlu;d Fx-InJI. I :, rlfsl lie niclixlrr I.l` }.,.: lr:Y \',11, l,rbml.r,rfilh',i I , 11117 .i';n 1]~l'i ur 4,l•dlii €' 'kaaR:rHT-.')L:6Rth,N.pL1Ay:, l+.al •'C'..''tt -RM.Ft'tr'1.FlC Y+~F']..r,ha .'v.-• -, - ±} +r ~t .. ,..1 t,:, . : I r r :. • ~ t I ,1. , ,, I 1 1. r } ] ~' I 1 - I ai t • 1„ ,r 1 t , _ ~ pr J 1 n• s: t t' .., r_ er=g.. r, I- :~3bJ I, , ,n, 1 m 1 v r n -- : E r IJ 0 - 'I '.n :1 h J , a a r r;' '~ ! ~e e5 ~":]a + I.r eon o •1) oWn to e•v I ' t. I ~ ' nn of rerc o Inr n.,r C.lhrn I t . :Prcr ani , Tl t q .f;, l y,, 1 J ' I IC i C 1i Se --. rnxr , .~ r4 a c s u r ct rl -ar aly atl r I [ 'LYI I ~ •r T- O 3 L yfc O 5 J OI h ; [ 1. I d Y 0 Irr nrUVrc ar^ f n n I rp an 5 50 i.I -It, n~'cFS and! rl T r') ? CJI aGi 51 l ! p k,Y I h:. I I hdl V . tt 31:.,I., ..:'ran.. nl U`e bo1' .~; ,.. !°vsoi p ac•v .. uc ror a,•]xannaadsonl rrta m.~. n..~•„';~;'^~: ,,: 1 `'p .r• f 5 C. p 11 I ~rc• ,:h lnC nJ :., sP•: -a, sin 1, llx s ,F CI r•,e r:rcr.'•evs pl inn au~:; •1 - 166 r-nn r .rr rr win n , Sr r '.,sOr.±, r rspN.le7r on : .a tl 9 la h I M1 I! s ~)!' - 119 tllal 1 c 1'fk>.n.,r. Turrt fn 1'r.Kr:'? ..,r 7'•,ri ~, .:;r ~ allr;ll S! ~.... r I/ -'- .,~': !I'.n r t ' •'~ 1I V.'• ( ;, ('.",t v'I:rnuan!: ~!udl0 niu•; InP ir. Vial Vlrl ... ~? rl r~ r r I I , J t .;, Ii4 fll 1I' rN rrE'=1f ~•,,:, I,• ! I! '.. !:`I ~ J~Y IIYU I _,'l.'n('r I,n '. r' r:! '! ., r: 1. ~,,)!35'I .,.. ....., .. 51 L'E .,.3: I~ G<uy~„1414.Oi'!b'•Jli ,n'. I:;;: r.•7 the! tt IIr rIY OfIm+F.a76.- ~! 3 !k V,ill ~~!,::; C' :, .,:, rl.,: W Ih OY-Y ~ifrl v~ ft., l:lfr:~ ri t)l': 1rf rn ,f~ natll ~ f,'fr, !V :(:Grn n. '•U C:' G C.^.r ,f $r.l Ci" ~r:fC rivrn'7 arE..'..3 And'inln"• C•?'IU i'IJn '}._'7.JJV ~~ 2nd'iL;•? !hferUcdrOr)ns,?';l>altls.gr~al50uthomPxpOSUte ij and mF,yS va r d rm Nf; ~. rUO k's kltchr n. F'r r=~rJntl;'ronh J I bul e.7-!q nC[ul: lacy n,'3•d l1 e L.OtS „1 5!u;apC .... 513 5J7 t~InPtP-•nt'1 Fnrrv..iy 7nr.a n'1pu Fe' ioc' •t - aes rst:C f 1si {~ I f~!r:;,>Y Of ~~-.,ke. Vnil ~cl!:.oursr+J',e ;u,,,J, c,-so +!hern: a^•;r5 ,-I - In Insttc' a~cprnm bU;7l us - ilrll7ctic's (ri;.Jr CeiJrOOmi thr '', 431r5J luenil r, - ppul Stearn bah t qni pl'.'s0n IacN I J!` n~arY y'Irr golf anal iron r, Ir+rn la-owner Lill canyhr5t,pn,:e- !( a lau ............. e1;9,9C0, l.o f1a10 ail you wand f E'ull;ilt-try ..Etter,. ~~ Ee^le•-Val! Faurp!r:x' C.err.~l 4;1 v„h c,cod wawa Ovrr52UC ,, 5V rI. Or utl }+f OV.: n)Pnts r)l'mlri!t~d ... ...... ....... $77ii.fJJU #1 r~.sr•y Gnxk F"lin~l 1' sinn3e to^7ily sl!n e•Je'locking z pond, I spl'rlac.Jldr 1iC;.YS fro-n its ::bOVO aa!lay locaticn: icn'ns .I ara n:+;Jia ...................... ................ .. SE,O,UUU Eerr Crur)k F'ilin 2: s~nrsle fxmil :+• ~~ •c Y ~ y s ,u L.n the 1~th fa+rYJay. ' C:zr;C honF Cull ti7Brn ex csu re and su nr. •n> p P 7 l,tas.Solarsrrnur- I r} aped. ~: sl:y b:liECiadlr far i)~x[ sumr.i•r. i rrlrl s! ... $nO.G;~U 't s ~~ h{ir I I r] ~r+s'iGOWq ~: ur?r:X: I-^•C)[. .rl (rE i:CrBS) Wrill IOt~ J ,# 1 . . of tl. r.. i,rar site fu: n .3ua' E.lot©Cil Eagle-V2ih L''unlex Lot; on the nortn side of the 7th tairu'aY; ~. IfC eul-d e.-sac iocailon ar ,x •e I 7o c ~ I!enl. ro!ec7e'd vi c P ew.. 595 COD ' i ~3ie-Vr~d yr C7uplex' recrn?ly completed and ready fnr t1 ' i~r:rn u, rt _c'rrncy[ec^n 1112 curpt;is m;:three berlroom5. ~i '! t3vo n.l. .. n X17 k'niry and tnuttnrl cr,.mn c::'rr the 12rgehYina { t f :r:va Ir you c. :,'t Waif. Ih,,•, yr)I I'C'. bi+r:Dr! carry .... Si;-d.SG''O i ~, Vail V'il'I: ~C L`: e5t: SincNC: 1=af71'Jy }'iUn)C':! r`~OIL" t:edi'UUrnS, i f tyro oaths; ~;35.i100! Rr.311y? YeO, J13:J,LQC ..Shhh $135.L'C:3 I~.~ Pease 4a{I FOr atldilionnl infcnnption or appR:nrmon[, fsic"SVC'. T'J€•Pp91, arr,~-;~:r {i Suite 216, Vail Notional f3al~k F3uilaing {jj Fox 37 pp, V.:il, CcYlorac)o d1 B5% ;i ¢ ~ ('037 476-eF3Cp `t i ' i; i 1, ` ~ ^°.r ~. raS~ ~ n r a s- ~ .' r'~•=sw yJ~ 9 U r ..n:•f n yrr~ .rr y x~ 5 f'~ F ;~, ~ , { Ne;t!ecf a# the end n!'I ;;riva to cxri r;e-;. n: . , r.i ` tlighat70v014'hick,;yl~r:°':;'rC-'r•,nyoar"or?t?IF .~~~ . i :i I, Ea~l4-Vail Go"f Cnur;e. 'hl, exlraOra'n:md r -, -~ ~ i J € ho: re contains 3.8; J ~ ,.;r)ra tE:et of i;vrr: n' ~ ~ C-xDanse3 Of ~ I - y `'~ i 4€ass. €uxury fix- !y ft I'~i. s'nish~5 ~ 1 { fir' i an~J fumrshinc~s. ; 1 an^ 5Uk)F,rL3 r ..,- • .. 1 I'1 Ei CO~St;UChOn. , , I• .. ' I -'+ i' - ~ i ~'~ ' r.) { F~ I ` I .. .., .,... ,,.....a,~~ii..W -, ,.. .. .., 1 . _. "~ +~ L, JU; :7 fc-,My Ui 1. rs: L.L•ECic71 f^C7!U~35 InCIUde?: Cllnr;es ci:,tJrlnr?f ~ it; t,vrl vf~fll Jinn-Air ar.cf ;} i:;~) ;fory h::.-}hrdn :,. t'.'.I, d-anlat;c I ~ r=1 :.:fr]y-^i!i'.I u7r 1vWTJ L .,~rn'1;1 lill'.FxaCE'. ' .-F'.rmCll Ci~;olrlrr [~r71 CFJ'''n'I :'7 Onto lar~~ sun- ' ..,:ck c:n;: r :r,'rl~:,kin;a rn:~ 1bth nrer::n. -~:7%lJr'I sc::,nu-n v.4th cluloccnl scunc~ room. st ;• II C _ .. :.>:I (:ar~;f(]'rr4'.r'S cl?Urtrrrr~nt. (;r~•:ncn; gin:;;:; 1, .r, ur~on rncnle~51 !: '-rs• r="'.. r':'dnllney \1r:'~l_II frx .f r ~ it ~t. "rr.);: 'a I !' ~ n n ' ..'a •- .. .. .-rr ... .. . ~x ~~ ,4r~r51i4.r .1 u . ~~ e ~ i.' ....,..... . Mil ({ [ r ,.. r. .... .w yr •l ^!+::~.r'P1< ; ./p '!:Sar!4R :'+. £'~Sr ~r } ~ ~ i L . - r •ra u ~ii~ _- i t „r,r. 6riclyd L"~clush~ehy fsy' !k'n: lunark hnest,ncuts, Etc. r ' ~ •~ v,fldrir:q¢ duplex...pre:.r~:xh' a^rJ:'r co•'•aruc;:on. ih~s Urc•r bCli•r):,I n, h,u b:'rl un,; ?:'J5 L:n:ny'.c i~unorana:.: :-r•.v.. >;nc3•. Irre lllat'e. daltc!3ed' wra: ;': 13rnc• cl nr~ la .+reJ l;t;,lr loa J 'rl dr~ks c,n Lcth cir!rs Icr el'a• nu)m sunsh ,.,,. '~hn' :, "rn ~_ t+r :lnprcciak'El, On''\` cans. ' .L_ d•.:>II]blr. L;r:! lol d,:l.vis, f, vie bpnne,,,[anstrw'I".f wdh nuJh~ cl sa en.!,.;'tr'_'.rnarrll t!lecC tounhnucc5 ah: 1.)r,.!od fn vl • ~, . ;.~ r' r: r v.. :cv u3 Avon. F;E•du iuzl sr,N l:i rru, s rnrnm' , L oyv ['Ir,,•n: n Ldvnue:. stylish cxtenol: A Ian, n' mos rc+'k !ss•!' :•, r• ; P.e hx:ai 1. rot of tl;l; Ill'Irtl! r)rEil 1ti: 1.: ?I ,h;n f.•I;ur< i`s; ~".1 I'.n'~nr '1 :fn,t cuslonxl(•:onrdl:u,_1.':,•'ns GrE•1'3,r I ,. l run ante, eves lab!C. nor' '.t :n lhrx t r.x n5- t, l,- t it (~ah1(~r ii l]J 5"Iarll:rrl: vr,r~U'I N( L '~' (- .. _ .;?7 ln, c..3 rl,l~, all ~lur lurdler dCa ts, r .c c . a.I~ s,.,au.v (s. SUnnySidc at avon.,.;h •rc oulsr,rndilla t ~nril:olsrs ut(n air nq, 9pll;iiCfll C'Xf1pSL'I ¢5. U'1(,b:.t(:]CtCC t'It:'•3~ CI ~'J'.:•f Cf".~I:. i nfCe bCfirpUmS, P\E'r$Ired !ofl, N,;Ir bt'•n5. f. rl'1',l'rl•2I Cs' I~nr)5, rE17 N(HJ(t sundec!cs. IirCf:l 3rL. I'-. -I1:e. Cat! far r!cW~1s. balas Ipwnhpusca...lu,~:l.nrrus !>>,unhnnr^s'+.irh su^r.:'. sous_hern Gr,JSI,IICi. {ticd'.4~ar7 ,!Cti r.S, !I CI'lacn+. i=~ i~_r[IrC n.,.l ;:Ti :n rnatching aimond, oak; ca,;n'^_ts. e'ro:el.rtE. t,~rrlivrll [onstrtxtlon, `viewdrrr•n ~'; i nt4 G(:dvCr: rr rw 1 r.u. L'II ea and iuar bE~iroom units avarabie ncns. Lail f~\r dClao{5. hFwiWway west...t',3ro hrdrporns, 'rJrnr fc;l, IF•rre furl hauls. 7oI) !Spar unit. fireRla[e. twlconv. eastern t)I~ndS, b?sm+'d crihedral eC~!Inq (Irlderprpund ;,nvdt¢ Y+arrclnq slvice rlruAed Yr:dr d:OUn(I f)ppi, eICV,1IUf, J115 3.'R IIG...~l'~r~,L:,n. b¢aver bCnGh [pnfla5,..1pCd'.^.u difE':^.h on C;r ckrnrrs of f'iatlif.i{f lli:rll Lake llv;ll ,r mor]f ll:.(:r.(it ::~,:' Ui Iv'•J:.'f trCr'i an.i the sautilcrn rsr3g^-:, ~i nr h.+lcnnv :'.r:ci p;:;:o; tacr <n]~7 !nr moximurrl sun. F'Irrt':arc. mid ail eieccr:c Fi•':Ilrn r•C::rrt.= for eomfor4shle, ntpurltain~sl:fe 1:4nn. h ^ hr; <~n'-v !. r u >:L,d.a. onC and tyro bndreums un s avn 'rll .• s1.r:hn, Ut ~:,_ rv P, Irn•csTmant ovportunity.,,r:p'rl(•'vr.'I cc'I w v~r.4 !r: !, t ' t',7 sd fi. Irpt ircllxLra :r ~. hl r!e,l c .lr.: hrgc rCdN'Opd eS@Ck. fF.Sha d-:r„r1piC U:!ft [' I II \r rr p7'CV kitchen with ua,k~in !>-nm, C:lesl a ~, n rra ::''t a--' n:z MJ1ckICn and bath. f~ra!or't In• iarlr r.•:r„dES or nn,'• tic r .r'•at. O.vnar G nancinc7 w°dn icr,N i nlrrest deo:l.r6 c lur a tt r: n';! ," t nr only. laR for dsxaus~ landmark tpwers...lcxa;td on Ilse frr~t I I a';,:cent 1o t}Ic yycCatrrround pWl rrd opt tw!c, ~i w'icl: I ,r ^I:'Ir d nsn bcrdroom. tut3 r.~J'n m`T ,r) rncan (. 1..~rrl,: vJ t;.,rd aa. ilcudtpr. IB:JrIC~f) rL'.nm (`: `~ ;r~r;`l'r,i 'tt., , !p i::'r1.^.O r]. tennis, shops, rs;5mu:5r; , :r.~ ;, r ~,r; .:~n•' :. avpn Idkc vi{it15,:.!u.) L?~.L r'n:r.. M':3 II,II Y. rtl':. E ucare~ on - !`10ttinghaml~kcatt;it`;li',In'~1,C.3v.~rl.rk`t•rt.i_];~•,'..sl:t„'~:,:"l:nr~ . ppeal, jncuiJi, ;~una. A'n^r; < `unq at ~ Jcr r` n: 1L'e have two irrt s;r,n:•r: r.;._", ~ , caylc toxv3house...txp [:'•dr o' I Cre i)mn 'ct2bal n..lr IYte l:,L 7fl ~iS!!c Interchg-tae, ^,rln;t unre to k+c.]v'-r CrECit iwun. Excriicnt hay ai,.=c7 r+•'1 mpbilC ttomes.,.E3cncE:marrt ;•lof•Ile Home 13.31n ticu Pw~nn. 2 6ecfrrxlm. 2 bath...+Z4,`i0 c];~ml,ipn. 3 bed,com, I-, balh.s l J,5DQ, b<liidirtq si#es wildr!Agc...duple+l anll rcuariz: n'.": sacs ¢v: ilan!r. Sr:dusicn, supetp views, sunny CKposure ar;d exccilcnl I':rm5 asallabie. statta,n al.. Saz.txw vrhiskey hlll,..¢iGht conti~u0us lots 1Malinq 6 aE} xres n!i coned duplex incated near 9p:f Quhhouce. lcnni5, swim riub and hlah schwl. 70 6e sold as hixk. C::ril for details. whiskey hilL,.lo!s b and 7. hlcxk 5. zoned dtlpleK. heavily tlmliered, aver an acre cach.sl ]A(AO ~nr InL 'fhe above are only a part of our listings. f or furtFler irlfxmalion please [ant.TCt us at your convcrncncc, Lv[ated s4 ;he F3enchmark Sh:::'plna Ccn!r•r al the FOO[ pS Ulc nnty Ex:avtir CrCr•k J'~] r\rra. Fur PFOfrssirynal C~unsL•!:ng And Assrstarlar f'ic:o :« mall: fS'd! Allraham-F.;roaP.r Jo 6roum-Bralcer John i3ehrend-f3rokcr Merrltmr of tkt V,I I F41ard of r RCaRor s Mules le k r; .ng 1e'rvlrr rte ,!~~T r ...a. ti <s'",~ ~',~~y^'^~t~`•!,•a"~w--AM, ~' }mot r'a.'o ~/ fl if IyP'irf ti~'~ d .. .y.J ,I, ~N'.,ut iii k;'~ p<,ti; utr~[•' ben 4FG-~avnn, r:,f; r.~<'l, t;ih?p 1 I ray-:1~ ~'r r ,n 1':. r, Iln t ~- I 1 •, I I . ' ~ r~ ~. :r i yr I r 1 r , I r iti ' lrwld ,tF ,: :rl'l.,tn r ..,. n ^1 ., td rrli,'C ..' ;~ { , r ~~ h. s',Ct ] 1 l ".1 a '~E elrss,. r n 'i r r na .., I ~ r - " ., ,. ,~.., d,b 1. r+..... . secdrore s. rlnnl. and I :- .1nln... ' S If i I 1 'C r l ~,, 1 )^. T .. 1'a nr '~ _ Sn5 .1 .E .t L• ~ r .Ire _ ~ ,ran r "t kr.~ lln ,I• t ~~: r;y ~;1 r. ,1y o~ nl ar. -:,r r ~.~nJ5:1 ] 1 n pl 1~~rr Si,rJrre .. r n , . 1 . ~ : . SECTION 4. Reuornal - r ;: .nu^n cn F.~ Eonrt Narea. i A. of C. - ~ i r-. l .nnlc4 PLC an l:;~,5 rr J'P' ! a ~ °h nh;rc sn .:L~. ni,'s a o l„ Ca.ncr, has c ~... a ' ^14V Cx _ _ r.~Tn, :crlC ,.1 ,Ic t '. ~~V ce:•ad:f~J so - ^~sror,. her. > r.'nc c.:.'nati':~, r...._ .,,... ., eec.°/ ' f ^I o'• ( ~ \ f a I ; 'y }nv r, - 1 kd~ 1.' 1 I ~, i na a r' I ~, .rc d r X { '" •r„.,-~u arc- .._.. ,.. ... agri', ^.1 'rrwulnn a I.L,r t r, ;r,r ~~ ., ., si I rJ„/ 1 r 1, 1 1, t^'r r I'. . I E:.,- nrY I ,rf., cCn ~~S' Sn 1 t -, I u•u r J c d C I - Ir..' rl C N i Pi I I ', cn 4.h V.+ n' Ir'n. ,n. m'. ., : 5'. ., A, r],\, of ry, :.r n, :n, ~rrt 1 •I ': , v . 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Icr ln~ , s.. ~~ N 1„ rrrr,a~rn; Lan r',! 1 :,~)n v~,.c „>a a1 tic n,; .`,` .... ~ ., ~ i'es as•, 'c rrs. ian, II r',O rd 1.. rr,+ I n n{ 1'1n l,On~19 rn1 u,o sal I~:.,~rs rl r • s .).., n ~+ n a :e r:orr nco-n c a v '. fv v: rv.s !iv':ds 1+C'+.,, ::.., rr l:[. ~r rn le6 i0 '. ,onnann,, r;) , .,e,] f,~~,i, r. ~Cnl [~r.'S Rn] ` ' e.{noses t Rcu,vdl,r .`ll a'h a GL aG15 .~rg,~ b'r 'r p" :ct :fP r. P. )i. 'say; nr r ca,r ;rar„or n[rnle'nre ec ~~; ~()rdrnav Ce rr.e n~alanle! TN.i., C)r<I, n'ancC r,, and snag ccnrr;o~r' a Ou-s:nl .n .:'rn<(.rr al ttu Fa+un, ana after Ina Pnr.r.~ n,., r: s,fd. surd :~rd a.a Oula rand nr :• ~. u: ; ~ancf s gall' nnntute an rerU:ir,;;;l~: ,.,,r:r,t•.r hCrx'r+Cn nn Town and 1'• f hC':1C' C. nl ;nC bnnCs .., •:all be' xrr~ :~.:r•a r. .., r, rnlo I.,:tn I'I,~.: t3 ~+tCa. a5 Ir -. p^.n j5rti":' flrnr ntS sha,l havC bey:, .e.1 any"P6 n•]n V'; d'rscr,argfa. ~ hr ~ v ... S aPh nsur rh 5~•z! r nr . ,a',''r . en r, [I, 3 5 Y t r n .raur,~ c,. s_ c ,.rs. ,cn. ,, Tt}'~inne - " r~~ V,nl H n An I ~ q t.'. ^'npo9~tl O 1 - v -'r co a RI 3 „ , G^orana „ n I . -eor IN ::'n oirG''" n ~ -~qs at -IS t : v ~ pJ _ uo,r TUl`.N CIF ;r:1'L ~. ~' 1' I ~ ~ r rl f i~ rs ~ v R it ~ ~ .- .. ~ J I if [ [ . f{ in Real 1=si~~ke„ lor..ation is every#nin,~ c;nd SII~er ~< Co.r a ,; ;'1 ;~ ; lp ny ` ~I;; ? '~3 ~ is oi rering the premier con~olr;if3iul~ in Vail. _ _ F, s ~~ ~.~C3h~~a~E~i-.~Xi: ~.~~~ i)~I~~~'i~J~;wa~ ii 7 ~ , ;~ Il ~ _~. +-' + ~'aw le r~ 1.: - ~ i ' _~ s ; Y,~ ^~ , I', ,_r FI, `,_ `n-r].0 ;,_.. 1, :.I - r.+„ 1r J .rti, !r :ra h':'Gr3n'10 (]. hlOnt Slrr? :; :1 '~ Fiv, S P'u tr", ~ • , ~ I,f -) IC, I rr'.3 r' k rates : , ,. ., I .. ..: .r .., ~ .,-f su,. -'(: H. t.: -) ky_ .i'ri:r 'y r; . ' f I ( I ~ ! ~ I 1 • 1 ! ~I t ,. •.~' ~~' r • `' Y 1.1 rT •' l F ~ ~ e. ! 1 ~ Y~.., s • I? •J~r•]Nt' r C' rf .~1': ;pit"h(:B ~iil~ , r ] '!1 _, ~~ rs .y T'1{e 4'bld Tnrlf -- Mr,nue 2t. )rnvq - ;:.,'It`rJr 11 nnrJnry E r,,,er Af nY :Y ATTFSI C:llluprl M Knn,1 PA^srn nN ~rrnNn nF,ullrni A~urlLb, rnnF.un nl'i',;U S{1• n'.:' GriUI:ItEb PL'171 i'~I,t €{UN{:E IN FAIL Ilh.a lym anY of l,uGu;r. l y!Jl TgWN (+F yrtlL Rodney F. SI.I, r ASn'!~r hTTEST CV"In'n M Klln~ Town L:'wk P,rhl 51•i •I n Tl:t' Ya•I Tr,ni t~u~1,~: ~tiG~i~c! e;eulNnNCF No. as 51•rlCr nr Sdyk AN (711r11NANf;{: qt I hIJIIJ (} AP iFIi I~ tr; C r i'{I; M{ INI., IE :ll l vlr I! r I is1 t I : .:'! (Sr PAIL AN^CrrnNf.p{il 71 rL FEC :t V:t f,I ILF ~~'` 1f~~ rr~r~ ~1 `i`1 f! i-' [,i ~:i ' ~~ L' {i li+ll C'rC Tf 'r'}t r"'r•!I?ti Ar,:! Tr •: •rrPV rA-.1. r. ~ fl r .II'.i`. PAL LY'AL[r+~ rl +~ "l .. ~ I „ I .. - , r , r . . ..,..I :...I: I ~.or ,rl l"~L ~. ,,,.~:~ r+UiY. 1rlF•irl I?:I r' Pi. !T ^';;l0.lf ;'17 E!v L'AtL, i-I"C:IIa11J :'IAI~L F C110N S. 't. ,,. ,{Ile drr.. ~ ,~ •1e.=~ , n. r, ,~ f'rln ~,.r e , , Ir .~ ',III ,I,u , Stn< nenl ,. . ~ - n,., rr , .{,{ r,.l r., .. r ''~ I.I. ,.I I .1 %1 nor r `!x l' fi ~ f.„.y d dw' ~ C z; ~ ¢ I ~ ='"1 CA~lr 1,.' ~.I •., ,n~ r'I , I',r Id75~t It ~,,,I.. ,..I '•.{rli -'31^1 . ~ el ~~;~ ,., . ~. , r. ,~ ,.., ;,, [..,s'] In,>. ~~nl. dr'lll s, .,. r.•r. s" .': 1~~! a 5 n~rri.xc l.r!..,. r.n .:. t..,r4 Nrll , t,r. L^ u 11 ~' ., I .~•,1 . Ir , ' t'~ro rrt , r clr r ]I,,, ':ran 5• : 111. ~ I .,., i1:. 00 SFLTlrirl $, 4ever,:..+l,ly :I 'S tn.~ ,,,ICr•[r.rn t•: ~~~•~ F,•:,,• f,nun(II Ina! ~. I „] (:. ~, nr .11 r.., ,:,~,~r,:~~•n ul a•~I;,,anm•]pr .,. - rli~ .i„~h~ 1.. re i,l ,.. I:1` ,. Jv .v ,.. ...r : o, . ,~, ,.r:l .~,n i.L `'SIC sr:cl u, 'e'au e'L 1:Y I.r rr `.. rr'Y.'J f`f VA P:::nry t ;i '.1e1 sl ever .. ~~ . ~j. ,~, , \`,~ .,.~ '> f_ ~'' ,+ . ~ ,' i, ~C~,rJ V Tiy b w p ~ ~ ~'i \• - 'v]\ . ,: t.J - !i 7_: ..`rte i A ' ~ fr r ~'1 q `-'~ \ E 4 ~'~ ~ _...Y ~ .jam irk : ~ 1 ~ ~ I ~ ` f r. 11~' ~,, ~{ ~ .v..y.`i y_ ~~'~~ \ 1:. W"i-~ ~T: ~ : Y y ` ~ y 5 y , , , ~ `~ ~~ ~ S M .. ~ ~ ~~J~ „ ., 1 ~ 1:1 lssss4515:..c 4. i i r ~ nE al ~ .Z r ._ ' .. ~"` ' _ ... : ..a ., •r~ /~I -' I A S,C7CJCIQLIS ~^=rwhfh,+«, ~!';cl-7nt four [>ea~rc.,m. fC>, r hnfh ~. sundeck with an I-In~;arc!- ~:~`~--:. r 1 '=:,nl,~mns;ncl,i{<.>2.3c1y:,1~I,Clr(?r~f`i leled panorama anc~ a l;-lrrr~ =~~, - - _.~',~'::F~,, s,,=.:-:~ r,lus f, 7~.~ t;:~ol~ gourmet kitchen with separate _, ' ~ -- ' __ rt`r ~crogc. wQi bar are only several - - - ~ ~ - -- _ ~ ` - ~ _ . ~ - af the exceptional -~~_ _._ . _. ~" ~ __ -~ ~' •~. _ _ ' ~` -i`- _ features. Custarr .'".:. ^ ~ - ~,. ,. ' ' '~ ~~ ' `~ . Cans#rf.1C#i011 and ~.. ~ • ; `t F ~ .~_... .._. ~ s 7 #ho fi ° _ r`~ :;;-:,, ~ nest finis ' h + ,• , ~ ` t ;. . ~•„ I 1 •- __•_-N 1 ' _ ly l r . ' ~G#4r11J aJSUre ~ ~ ,E4~ Yw ~ ~ ` ,,e ~ ~ 1 I I - l ht~a ~' I Y , S .; iasting duality, .~ i; ,~ jj , ' ~ ,.31rt ';ii I _ ~ 'il - V - ?a '' ' ,' I ~ ... . C „I 'i r. M1 . - -._ Fqr infdlna[lun, pll`clso 'e y - 4- r~ r _' ~ .. ; ' ~ ~ j ccNl[q,:[', elm f lvElm , ,.{~, !~ i :«~Li37Gt:t::SGn1r+'>rC.:,.'Y ~...t. "•R..:M:7!=r:,., .. ~ .,.,, av ,. ... _. ... r,, ..,, ~ ._.. . ~.. ., .rf'r'-.- .~. ... , _. ... - d ATTF $T I.ln M K'•nd rl ,.wrl I; nrrk V l,hlisr,,.,~.~~ In.l VIII Ira11 v.. ... :..::0 .,., :. ~. 3~. ~u+n ~..: iJ t, 4.y ~. •. ..e rl v. waF Nprlf:~ +'~ it .:1 I.~tf rJ pl,l! ,:a:ry II'C'~'" ' ... ., nnlc n,n „ 1:,,.,. II-~ ~ ~ r,1' e'IIO t,.., r. •~.~. n,,,,c un f' :!a. : P • .I le thr I :, tl ar:: c,+~. •nnuq to . iCr,rT F~ ': - ~~e ::55 hvl re lOr rE+lw~ ,I, r,;y vrp :n l,C. ?r14'rrl (71 VAii CL't.l r,:ir::l rv i~r.Jt,r, r"Ir rJT l.m l,a.nm ...~eng ngrnlrslraEnr E`.+wsr.r.f m 7r:~ vaa ima r:OTICE I$ r{rE+I: EIY U:vE?v Inxl f=w~nq- H„rhn.an Er:r..r:-ca I:;,: r,=prrsrr+nrey (.,.nlV,y 21 n,.n, E, r.r„ Gi V, n. u.,s : cn 1 .•~ lure C:r,A:h'Jnni l~ se V,.; .^.I ar,n, '~ 1'.,,nr "+ ~'arrnrnC f,w llni! t2© :n ine Y.:n i.._ .. . r •n IrJ ,+"OW Ihrs V:I:1 :o to used as a r•:i~ r •.:~-',•~ull:cu ~Jlr~CaMprl n,s I r. ;1 ~ '. ~ t'G nrtlanCC ale ''Lh[ns Ig r.;: J.o :: ~rl~ :., r2 uao e Vdl! {r1Vni~ipel Cn:`n _ h f'V bnc Hear,r,: v..•1 +,~ n>1,1 i,r dcrard'a ncd wi:f, : rctlpn t s, '.::1 ,.1 :r n,,. I L nsl (;L:]e ' n Sepremtzr ~8. ~I _..:,1 :.. ,; .' u n: t~c';,re Ili t„'n 'I Sxiu lhr'•r i,, i'n n r, J.,: n},n rhF L..11 r.1 u551 cni l;al i? Ir: a,Dplic,!:-nn ~~. •ir~n , re:31:rG to yr p'acceod c:•-,rn,r, ~, ,,v..::x~:e m Ihrt Ynn:ng L,tl.l„n 151 r.itar s nll~~l. c :,.r, ; rCr r;ar nns,rtrs5 nours Inr rC-•IC„ Oi ,r Si+o~llun uv tltC pnn1.L. Tfj',yN fli~ VAii CO :'h'.IIN'ITV Ll E': ~~L flf s,'.LIIT Inn Ru?l:n 2 ^nrng Adrnin,srre [or PubilsneA In The 'i.-al Trail or Aug ~sl 7t.: `t0 ~ls~~~l~ ~':~~~'C~~ NnTICE IS r;gnE by 31b i`.N :!:at A G, N:II or c t;:il uovo:op:nenl r_on,p,nY nzs arpree for R. zonlnn Ci I:,z Gar,:en „I tae Is~ss cn.~ fu~nled nh Let Y„ E,',,.:x 5.1 1! thl!nnr Vn F::i-(} IrLm F'.^'.r 4^Cnr,:•n, .•:~•:•,n II'AI IC 1?I:irl l7ens~tY t'ulh ~ i:, r.,;! • ry; ~•;•i~ I AnisliCdlipn ~L~rrSdnLB wr:h $uCl•an I. ,-. u. .L ..11~ M'unlcrpol ,:anc He :'.,' ~r•rance ::h r, ~'Cn,Sn CCa'i'edo ' S"'~'" ~ . Iha o'~',an - let r~,. K,,rss.on Sao~'r , ., _s n.ufrm ule ocr':.. z. an ~~:I :~ r. ro:a::.,n to u,r o~zwcsec cn<rnr•a ~s :, n:=1 nG A•' IstrllCr s v r b1s•nesL rour5nlor re,~len~ or .nxrc:~ru" Ei~me I'un'ar.. °!itVN r)F yF.II. Cf~FnF IIAF:yT ('rL CU'.IM SiN Ilr F.Fyr-: ~': 1,; ~'~J'r ~. F.I Srn Z.C'rrr. ~ 1,;;,n:r,-.si+arpr PII: F''n •,3 +n TYC l'+,', 1va•1 4 w~.H-~`sl~p'av i~r ~,.e ~,9 C.DYE flTieES.3Ehl' FCfI CIibS uolrs r,113ee YA IL WA7ER I,•.!Ci:O VEh:2NT'S P'rih.~rE I Srcaral Ird b s I J nut! on al ' L,~n's Rld n.va I LY I r t is Ph1rr I wll ee dhy 3~ L. -srn;e wamr ^•Si1 c, at tr rl a of ] F •nrw•ng [ .nN ny PO E: o~ I re~`A:enue Opd Sr ~ ^G 5. 9 p er M urta nS ~ 1 } y _ 9, ? 7 AI! P L T Y -' ed ar•d IoW al fnf I C_ ] O.rs Vall F~ cPa rtE 'J y V i (.r,o -al 'V,]Pm, M ,. C dad l J d,r so ay. 5 pt he 4 13~ Grp n k con W3,a el ar 'n ery 52:7U I' t11 feel of 12' v I 5 - l I 1 `eel of 1 ' I l e 3591 SI I I I H' ,cr :'ne 5 t pre s J -{ - s,al•Gn3, I C P ~ p b L 0 'OS er I' I and OIhCf II -0. F ( .ail tl 1 T -y pP C I 'nCdral ItIB :'-C o. E'-^'+..n F. r.,,'„ -ring Cp .Deny 1,,:.n_d al SaJ Huse n5 ~r~o rrt. Hox 6A0. Glnnwocd S f{,~u'~'c:o a1FG7, upon rermcnl of sia c, for race .nt. Caled. Aug~zi 52, ISt30. 1 IUN 5 nIbCE W'ATt.~ f?I3T:iIC7 Fr!numd h Orager, Jr. PI Cs~drnl, f~r~•ti o: OIru CIJrd• P~~nnsned r:, Tr,e Y.ol rud on Al-qusl 2t a,±r Y.'. I6':.4 ,i Fr { ~ IN4ITA TICK' 70 ~:7 b1'RS ICQ f f Selo;, a,ltl L hart - rJ t r r lwo ! ~ sE o ~ I~ h E I' 1 f,' x k ~ dd.l w' II 1 1 1 ~ LtJ - 11 t I I EI,.I r.~li I >n L nn n T 4. ~p t ~ i „IC JEl, ICI ` r v , ;"a,rY w,! tc .. nrr5 .r, l., ~ ,~la ulr'~, I,. ... ~ IgOn nl :1n1 5 _ ',1,. ,;~ ~;'., .. n,. ,.