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a RESOLUTION
A RESOLUTION DECLARING THE INTENT OF ___________________ TO ACQUIRE CERTAIN PROPERTIES IN THE ___________________ REINVESTMENT AREA FOR THE SPECIFIED PUBLIC PURPOSE OF REDEVELOPMENT
IN CONFORMANCE WITH THE ___________________ REINVESTMENT PLAN, FOR GOOD FAITH NEGOTIATIONS TO ACQUIRE SAID PROPERTIES, AND AUTHORIZATION TO INITIATE AN ACTION IN EMINENT DOMAIN TO ACQUIRE
SAID PROPERTIES IN THE EVENT GOOD FAITH NEGOTIATIONS DO NOT RESULT IN AN AGREEMENT TO ACQUIRE SAID PROPERTIES.
WHEREAS, the City Council of the Town of Vail adopted the ___________________ Reinvestment Plan on _______________; and
WHEREAS, the ___________________ Reinvestment Plan authorizes actions by ___________________ to redevelop the area designated as the ___________________ Reinvestment Area; and
WHEREAS, redevelopment of the ___________________ Reinvestment Area (the "Project") is necessary to alleviate those conditions of blight found in the ___________________ Revitalization
Conditions Survey; and
WHEREAS, acquisition of the properties described in Exhibit A attached hereto and incorporated herein by this reference (hereinafter the "Properties"), is necessary for the completion
of said Project; and
WHEREAS, it is necessary for ___________________ to acquire immediate possession of the Properties in order to complete the Project in a timely manner; and
WHEREAS, ___________________ has determined that it is necessary to acquire the Properties, and that, in the event that good faith negotiations do not result in voluntary acquisition
of unencumbered fee title to the Properties, it is necessary that ___________________ acquire said Properties through the use of the power of eminent domain as authorized by the ___________________
Reinvestment Plan, and in Article II, Section 15 of the Constitution of the State of Colorado and in C.R.S. §§ 38-1-101, et seq., and 38-7-101, et seq.
NOW, THEREFORE, BE IT RESOLVED by ___________________, that:
The Board of Commissioners of ___________________ hereby finds that it is necessary to acquire the Properties described in Exhibit A hereto to achieve the goals of the ___________________
Reinvestment Plan.
The Board of Commissioners of ___________________ does hereby declare its intent to acquire unencumbered fee title to the Properties described in Exhibit A hereto from the Owners and
all others having an interest therein.
The Board of Commissioners of ___________________ specifically authorizes that negotiations between ___________________ and the Owners of the Properties occur in good faith, but in the
event such negotiations are unsuccessful, acquisition of the unencumbered fee title to the Properties from the record Owners thereof and all other Owners having an interest therein,
through use of ___________________'s powers of eminent domain granted by the Constitution of the State of Colorado, by Statutes of the State of Colorado, and the ___________________
Reinvestment Plan is hereby authorized.
A copy of this Resolution shall be forwarded to the record Owners of the Properties and all parties who may have an interest in the Properties.
INTRODUCED, READ AND ADOPTED by a vote of ___ For and ___ Against at a regular meeting of the Board of Commissioners of ___________________ on __________________, at 7:00 o’clock p.m.
at Vail_______________, ____________________________, Vail, Colorado.
_____________________________, Chair
ATTEST:
________________________, Secretary/Executive Director
EXHIBIT A
Legal Description
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