HomeMy WebLinkAbout2019-14 VLHA Resolution 1081 Vail View Drive Unit Unit B210
RESOLUTION NO. 14
Series of 2019
RESOLUTION APPROVING THE PURCHASE OF A DEED RESTRICTION INTEREST IN
PROPERTY (TYPE III DEED RESTRICTION) IN THE TOWN OF VAIL LEGALLY
DESCRIBED AS HOMESTAKE AT VAIL UNIT B210, EAGLE COUNTY, COLORADO WITH
A PHYSICAL ADDRESS OF 1081 VAIL VIEW DRIVE UNIT B210, VAIL COLORADO.
WHEREAS, the Vail Local Housing Authority (the “Authority”), in the Town of Vail,
County of Eagle and State of Colorado is duly organized and existing under the laws of the
State of Colorado; and
WHEREAS, the members of the Authority have been duly appointed and qualified; and
WHEREAS, the Authority considers it in the interest of the public health, safety and
welfare to purchase a Type III Deed Restriction (the “Deed Restriction”) on the property legally
described as Condominium Unit B-210, The Homestake at Vail B, according to the
Condominium Map recorded April 30, 1973 in Book 228 at Page 918 at Reception No. 124758,
and as defined in the Condominium Declaration recorded April 30, 1973 in Book 228 at Page
917 at Reception No. 124757, County of Eagle, State of Colorado, Town of Vail, Eagle County,
Colorado with a physical address of 1081 Vail View Drive Unit B210, Vail Colorado (the
“Property”); and
NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF
VAIL, COLORADO THAT:
1. The purchase of the Deed Restriction on the Property is hereby approved by the
Authority at the maximum purchase price of $58,400.
2. The Chairman of the Vail Local Housing Authority is hereby authorized to
execute, on behalf of the Town, an agreement to purchase the Deed Restriction
and to take whatever steps are necessary to complete the purchase of the Deed
Restriction on the Property.
3. This resolution shall take effect immediately upon its passage.
INTRODUCED, PASSED AND ADOPTED at a regular meeting of the Vail Local
Housing Authority of the Town of Vail held this 14 day of May, 2019.
Steve Lindstrom,
Chairman of the Vail Local Housing Authority
ATTEST:
Lynne Campbell,
Secretary of the Vail Local Housing Authority
Resolution No. 14, Series of 2019