HomeMy WebLinkAbout2021-05 Approving a Cost Sharing Agreement with VRD for Replacement and Upgrade of GreensRESOLUTION NO. 5
Series of 2021
A RESOLUTION APPROVING A COST SHARING AGREEMENT BETWEEN THE
TOWN OF VAIL AND THE VAIL PARK AND RECREATION DISTRICT
WHEREAS, on June 12, 2019, The Town and the VRD entered into a lease under
which the District operates the Vail Municipal Golf Course and is responsible for all
maintenance of the golf course;
WHEREAS, the District is contracting for the replacement and upgrade of the
existing playing surface of all 18 greens on the Golf Course, including improved
subdrainage, substructure and new playing surface, over a period of 3 years (the
and
WHEREAS, because of the public benefit provided by the Golf Course, the Town
wishes to contribute to the Project pursuant to the Cost Sharing Agreement, attached
hereto as Exhibit A IGA .
NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF VAIL, COLORADO THAT:
Section 1. The Town Council hereby approves the IGA in substantially the same
form as attached hereto as Exhibit A, and in a form approved by the Town attorney, and
authorizes the Town Manager to execute the IGA on behalf of the Town.
Section 2. This Resolution shall take effect immediately upon its passage.
INTRODUCED, PASSED AND ADOPTED at a regular meeting of the Town
Council of the Town of Vail held this 2nd day of February 2021.
_________________________
Dave Chapin, Town Mayor
ATTEST:
_____________________________
Tammy Nagel, Town Clerk
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1/28/2021
S:\FINANCE\LEASES\VRD\GREENS COST SHARE-A123020.DOCX
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the
Effective Date.
TOWN OF VAIL
________________________________
Scott Robson, Town Manager
ATTEST:
_____________________________
Tammy Nagel, Town Clerk
VAIL RECREATION DISTRICT
________________________________
Mike Ortiz, Director
ATTEST:
_____________________________