HomeMy WebLinkAbout1979-31 Approving a Contract of Sale Between Vail City Corporation and the TownRESOLUTION NO. 31
Series of 1979
A RESOLUTION OF THE TOWN COUNCIL
APPROVING A CONTRACT OF SALE BETWEEN
VAIL CITY CORPORATION, A COLORADO
CORPORATION, SELLER, 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 DIRECTING THE
TOWN CLERK TO ATTEST TO SAID SIGNATURE
OR SIGNATURES AND TO AFFIX THE SEAL
TO ALL DOCUMENTS REQUIRING THE SAME;
AND, SETTING FORTH DETAILS RELATING
THERETO.
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WHEREAS, Vail City Corporation, a Colorado Corporation presently
owns one parcel of property, one containing approximately 52 acres,
to purchase szid properties 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 ORDAINED BY THE TOWN COUNCIL OF THE
TOWN OF VAIL, COLORADO, THAT:
Section 1. The Contract of Sale between Vail City Corporation,
dated , 1979, for the purchase by the Town of
real property owned by the Vail City Corporation, containing
approximately 52 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 and 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.
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