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HomeMy WebLinkAbout1979-30 Approving a Contract of Sale Between Allen J. Stephens and Marion L. Stephens and the TownRESOLUTION N0. 30 Series of 1979 A RESOLUTION OF THE TOWN COUNCIL APPROVING A CONTRACT OF SALE BETWEEN ALLEN J. STEPHENS AND MARION L. STEPHENS, SELLERS, AND THE TOWN OF VAIL, PURCHASER; AUTHORIZING THE TOWN MANAGER TO EXECUTE FOR AND ON BEHALF OF THE TOWN OF VAIL THE CONTRACT OF SALE, NOTES, DEEDS OF TRUST, AND ALL OTHER INSTRUMENTS OR AGREEMENTS NECESSARY THEREFORE; AND DTRECTING THE TOWN CLERK TO ATTEST TO SATD SIGNATURE OR SIGNATURES AND TO AFFIX THE SEAL TO ALL DOCUMENTS REQUIRING THE SAME; AND, SETTING FORTH DETAILS RELATING THERETO. k i S WHEREAS, Allen J. Stephens and Marion L. Stephens presently own a parcel of property, containing approximately 2.7 acres and the Town wishes to purchase said property for public purposes; and WHEREAS, a Contract of Sale has been negotiated between the Sellers and the Town for the purchase of said property; and, WHEREAS, the Town Council is of the opinion that said contract should be approved and the property purchased; NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Section 1. The Contract of Sale betw~/e~~en Alle,,nn ,J,. Stephens and Marion L, Stephans, dated~~h ~~ /'~-~~~~/ , 1979, for G: the purchase by the Town of the real property owned by the Stephens, containing approximately 2.7 acres, is hereby specifically approved. Section 2. The Notes and Deeds of Trust required by said Contract of Sale are hereby specifically approved and the terms thereof affirmed by the Town Council. Section 3. The Town Manager is hereby authorized and directed to execute said Contract of Sale, Notes, Deeds of Trust, and all other and further agreements or instruments necessary for this transaction. The Town Clerk is directed to attest to said signature and to affix the Town Seal. to all necessary documents. Resolution No. 30 Page Z INTRODUCED, READ, AND ADOPTED THIS Z$th day o~ December, 1979. a.. ti ~ ,~. Mayor Pro-Tem ATTEST: To ~ C~erk '