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HomeMy WebLinkAbout2023-29 A Resolution Approving the Purchase of Vacant Residential Property (Timber Ridge Parcel)RESOLUTION NO.29 SERIES OF 2023 A RESOLUTION APPROVING THE PURCHASE OF VACANT RESIDENTIAL PROPERTY (TIMBER RIDGE PARCEL) WHEREAS, ("Owner") is the owner of certain vacant residential property located in Vail, Colorado (the "Property"); and WHEREAS, the Town wishes to purchase the Property from Owner, and Owner wishes to sell the Property to the Town, pursuant to the terms of the Contract to Buy and Sell Real Estate, attached hereto as Exhibit A and incorporated herein by this reference (the "Contract"). NOW THEREFORE, BE IT RESOLVED BYTHE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO THAT: Section 1. The Town Council hereby approves the Contract in substantially the same form attached hereto as Exhibit A and in a form approved by the Town Attorney, authorizes the appropriation of the funds necessary to complete the purchase of the Property and authorizes the Town Manager to execute the Contract 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 15t' day of 7il—o ust, 24Lan imberly mai ,Mayor T ATTEST: tephanie Bibbens, Town Clerk o�'bCRAT�� Nq