HomeMy WebLinkAbout2023-8 Resolution Purchase of a deed restriction 2111 N Frontage Road W Unit A17.docx
RESOLUTION NO. 8
Series of 2023
RESOLUTION APPROVING THE PURCHASE OF A DEED RESTRICTION INTEREST IN
PROPERTY (TYPE III DEED RESTRICTION) IN THE TOWN OF VAIL LEGALLY
DESCRIBED AS VAIL DAS SCHONE CONDO Unit: A-17, EAGLE COUNTY, COLORADO
WITH A PHYSICAL ADDRESS OF 2111 NORTH FRONTAGE ROAD WEST, UNIT A17,
VAIL COLORADO; AND SETTING FORTH DETAILS IN REGARD THERETO.
Town of Vail,
County of Eagle and State of Colorado is duly organized and existing under the laws of the
State of Colorado; and
WHEREAS, the members of the Authority have been duly appointed and qualified; and
WHEREAS, the Authority considers it in the interest of the public health, safety and
welfare to purchase legally
described as Vail Das Schone Condo Unit: A-17, Town of Vail, Eagle County, Colorado with
a physical address of 2111 North Frontage Road West, Unit A17, Vail Colorado (the
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 $150,000.
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 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 28 day of March , 2023.
Steve Lindstrom,
Chairman of the Vail Local Housing Authority
ATTEST:
Melissa Johnson,
Secretary of the Vail Local Housing Authority
Resolution No. 8, Series of 2023