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HomeMy WebLinkAbout1976-07 Accepting the Coveyance of Certain Parcels of Property from Vail Associates Inc and Agreeing to the Conditions Requested by Vail Associates IncRESOLUTION NO. Series of 1976 A RESOLUTION ACCEPTING THE CONVEYANCE OF CERTAIN PARCELS OF PROPERTY FROM VAIL ASSOCIATES, INC.; AND AGREEING TO THE CONDITIONS REQUESTED BY VAIL ASSOCIATES, INC. WHEREAS, Vail Associates, Inc. has agreed to convey to the Town three parcels of property upon the agreement by the Town of the conditions placed upon said conveyance; and WHEREAS, it is the opinion of the Town Council that it would be in the best interest of the Town to accept said property and to agree to the conditions requested by Vail Associates, Inc.; NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: 1) The conveyance of those parcels of property generally known as: a) Lots 9, 10, and 11, Vail Village Tenth Filing; b) The Mountain Bell Site, consisting of approximately 25 acres; and c) The Golf Course Park Site, located at the west end of the Katsos Property, consisting of approximately 28 acres; from Vail Associates, Inc., is hereby accepted by the Town of Vail. 2) The Town Council states that the three parcels of property are all presently zoned Agricultural, and it is the intention of the parties hereto that said parcels of pro- perty will be used essentially as open space and greenbelt areas. 3) It is the intention of the Town Council that if it is deemed desirable to change the zoning upon said property or its use, that the procedural requirements contained in the Zoning Ordinance of the Town of Vail shall be followed and Res. ~ 1976 Page 2 public review and hearings held as provided therein. Said procedures sha].1 be followed prior to any change in zoning classification or use. Q} The Town Manager is hereby directed to approve a letter from Frederick S. Otto, Secretary and General Counsel of Vail Associates, Inc., and to have the Quit Claim Deeds conveying the above specified property recorded. INTRODUCED, READ, AND APPROVED this 4th day of May, 1976. ATTEST: M Town Clerk /~