HomeMy WebLinkAbout2020-11 Approving the Purchase of Unit 6, Chamonix Vail Community; 2373 Lower Traverse WayRESOLUTION NO. 11
Series of 2020
A RESOLUTION APPROVING THE PURCHASE OF UNIT 6, CHAMONIX VAIL
COMMUNITY; 2373 A LOWER TRAVERSE WAY, VAIL, CO 81658
WHEREAS, seller is the owner of property in the Town of Vail described as Unit 6,
Chamonix Vail Community; with an address of 2373 A Lower Traverse Way, Vail CO 81658
(the “Property”); and
WHEREAS, the Town Council wishes to purchase the Property from seller for the
Maximum Resale Price (approximately $513,970), plus reimbursable capital improvements, as
set forth in the relevant Deed Restriction and Housing Guidelines encumbering the Property.
NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN
OF VAIL, COLORADO THAT:
Section 1. The Town Council hereby approves the purchase of the Property for the
Maximum Resale Price, plus reimbursable capital improvements, subject to the terms of the
Chamonix Vail Deed Restriction and Housing Guidelines, as determined by the Town. The
Town Council further authorizes the Town Manager to enter into any agreement and to pay any
transactional costs necessary to effectuate the purchase authorized herein.
Section 2. This Resolution shall take effect immediately upon its passage.
INTRODUCED, PASSED AND ADOPTED at a regular meeting of the Town Council of
the Town of Vail held this 17th day of March 2020.
_________________________
Dave Chapin,
Town Mayor
ATTEST:
_____________________________
Tammy Nagel,
Town Clerk
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Tammy NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNagel,
Town CClerk
20.
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vee Chapin,