HomeMy WebLinkAbout1975-09 Authorizing the Lease of September 16, 1975 with Eagle County School Distrest Re 50J, for the Site of a Public Elementarty School in the MunicipalityRESOLUTION NO. 9
Series of 1975
A RESOLUTION AUTHORIZING THE LEASE OF
SEPTEMBER 16, 1975, BETWEEN THE TOWN OF
VAIL, COLORADO, AND EAGLE COUNTY SCHOOL
DISTRICT RE 50J, FOR THE SITE OF A PUBLIC
ELEMENTARY SCHOOL IN THE MUNICIPALITY
WHEREAS, it is the desire and intent of the Town
Council of the Town of Vail, Colorado, hereinafter referred to
as the "Town", to benefit Eagle County School District Re 50J
so as to further the education of the people within its juris-
diction;
WHEREAS, the Town purchased a 4.301 acre parcel of
land, a portion of Lot 8, Block 2, Vail/Potato Patch, County of
Eagle, State of Colorado, for $225,000.00 on May 15, 1975, which
it will lease to the local school district on a long-term basis
for rent of $10.00 per year so that Eagle County School District
Re 50J can construct, maintain, and operate a public elementary
school in the municipality; and
WHEREAS, at its regular meeting on September 10, 1975,
the Board of Directors of Eagle County School District Re 50J by
resolution approved and executed a proposed lease far said school
site and authorized its attorney to negotiate and execute an
addendum to said lease;
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF
THE TOWN OF VAIL, COLORADO, AS FOLLOWS:
Section 1. Title.
This resolution shall be known as the "Resolution
Authorizing Lease of September 16, 1975, for the Site of a Public
Elementary School".
Section 2. Authorization for Lease of September 1b,
1975.
The Town of Vail, Colorado, is hereby authorized pur-
suant to Section 13.3 of the Charter of the Town to enter into
To n Jerk
Resolution 9, 1975 Page 2
the Lease of September 16, 1975, and the Addendum to Lease of
said date, which were previously approved and executed by Eagle
County School District Re 50J, and then to enter into the
redrafted version of the Lease of September 16, 1975, which will
supersede said Lease and Addendum to Lease and constitute the
only lease between the Town and the school district for the site
of a public elementary school in the municipality.
Section 3. Execution of Lease Instruments
The Town Council authorizes the Town Manager to execute
the lease instruments authorized in Section 2 hereof and the Town
Clerk to attest thereto.
Section 4. Effective Date.
This resolution shall take effect upon its adoption.
INTRODUCED, READ, APPROVED, AND ADOPTED, this 16th
day of September, 1975.
ATTEST:
Mayor
Town C