HomeMy WebLinkAbout2021-02 VLHA Deed Restriction Purchase 5197 Black Gore Drive Unit B1 i
3
i
RESOLUTION NO. 2
Series of 2021
I
RESOLUTION APPROVING THE PURCHASE OF A DEED RESTRICTION INTEREST IN
PROPERTY (TYPE III DEED RESTRICTION) IN THE TOWN OF VAIL LEGALLY
DESCRIBED AS CONDOMINIUM UNIT B-1, HEATHERS OF VAIL CONDOMINIUMS,
EAGLE COUNTY, COLORADO WITH A PHYSICAL ADDRESS OF 5197 BLACK GORE
DRIVE, UNIT B-1, VAIL COLORADO; AND SETTING FORTH DETAILS IN REGARD
THERETO.
WHEREAS, the Vail Local Housing Authority (the"Authority"), in the Town of Vail, County
of Eagle and State of Colorado is duly organized and existing under the laws of the State of
l Colorado; and
WHEREAS, the members of the Authority have been duly appointed and qualified; and
I
1 WHEREAS, the Authority considers it in the interest of the public health, safety and
welfare to purchase a Type III Deed Restriction (the "Deed Restriction") on the property legally
described as Condominium Unit B1, Heathers of Vail Condominiums,According to the Map Filed
for Record in Book 238 at Page 678 and According to the Amended Condominium Declaration
Thereof Filed for Record October 10, 1975 in Book 242 at Page 276 and the Amendment to
I Condominium Declaration Recorded November 24, 1976 in Book 250 at Page 271, County of
xi
Eagle, State of Colorado, Vail, Colorado 81657 (the "Property"); and
NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF
VAIL, COLORADO THAT:
1. The purchase of the Deed Restriction on the Property is hereby approved by the
Authority at the maximum purchase price of$80,676.
F 2. The Chairman of the Vail Local Housing Authority is hereby authorized to execute,
on behalf of the Town, an agreement to purchase the Deed Restriction and to take
whatever steps are necessary to complete the purchase of the Deed Restriction
I on the Property.
3. This resolution shall take effect immediately upon its passage.
INTRODUCED, PASSED AND ADOPTED at a regular meeting of the Vail Local
Housing Authority of the Town of Vail held this 26th day of January, 2021.
\\. \N G A 1i '
JS.. Ve Lindstrom,
E z c4r`bian of the Vail Local Housing Authority
SEAL0 .
o
ATTEST:
Lynne Campbell,
Secretary of the Vail Local Housing Authority
Resolution No.2, Series of 2021