HomeMy WebLinkAbout1989-65 Approving an Assignment of a Purhase Contract for the Purchase of Berry Creek 5th Filingi;1
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RESOLUTION NO. 65
Series of 1989
A RESOLUTION APPROVING AN ASSIGNMENT OF A PURCHASE CONTRACT
FOR THE PURCHASE OF BERRY CREEK 5TH FILING; AND SETTING
FORTH DETAILS iN REGARD THERETO.
WHEREAS, the Town Council is aware of the pressing countywide need for
recreational facilities and affordable housing; and
WHEREAS, the Town Council after considerable investigation and de1iberatiorr,,
believes that the Berry Creek 5th Filing site is an appropriate site for the
construction of recreational facilities and employee housing within Eagle County;
and
WHEREAS, it is also the belief of the Town of Avan and the County of Eagle that
the Berry Creek 5th Filing site is appropriate for the development of recreational
facilities and affordable housing; and
WHEREAS, the Town of Vail, the Town of Avon, and the County of Eagle are in the
process of entering into an intergovernmental agreement which would provide that
subsequent to any purchase by the Town of Vail of the Berry Creak 5th Filing
property, the County will, in the spring of 1990, hold an election which will place
the issue of whether or not to increase the countywide mill levy for the
construction of recreational facilities and employee housing on the Berry Creek site
before the voters of the County of Eagle; and
WHEREAS, if the voters of the County of Eagle approve an increase in the mill
levy for the construction of recreational facilities and affordable housing, the
Town of Vail will convey the Berry Creek 5th Filing property to the County of Eagle
for a purchase price equivalent to the amount of money paid by the Town of Vail for
Berry Creek 5th Filing and any carrying costs relating to any financing of said
purchase; and
WHEREAS, subsequent to its purchase by the Town of Vail, should the voters of
Eagle County fail to approve a mill levy increase for the construction of
recreational facilities and affordable housing, the Town of Vail shall retain title
to Berry Creek 5th Filing and will enter into an agreement with the Town of Avon and
the County of Eagle which would enable them to purchase co-ownership interests in
the property; and
r
WHEREAS, it is the belief of the Town Council of the Town of Vail that
purchasing Berry Creek 5th Filing would be a benefit to the health, safety, and
welfare of the inhabitants of the Town of Vail.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL,
COLORADO:
1. The assignment of the purchase contract for the purchase of the Berry Creek
property from George Gillett to the Town of Vail, Colorado, which is attached hereto
as Exhibit A, and incorporated herein, is approved.
2. The Town Manager is directed to take all steps necessary to effect the
execution of this assignment.
INTRODUCED, READ, APPROVED AND ADOPTED this 29th day of December 1989.
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Kent R. Rase, Mayor `
ATTEST:
C_ ~~d .
Pamela A. Bran meyer, Town Clerk
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