HomeMy WebLinkAboutVAIL VILLAGE WEST GENERAL LEGAL\^^, V\ \,rA-J 1'^*J
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The Boardf County Commissioners-Eagle Countlolorado
EAGLE. COLONADO
Mr. David G. ElmoreSuite 250
Greenwood Plaza Terrace
Englewood, Colorado 80110
Re: Vail VilJ-age West Filing *3
Dear Dave:
We will need a resolution and any other docu-
mentation which you want approved prepared and
sent to us for review prior to submission of
same to the county Commissioners.
very truly yours.
OANIEI F. KO?EO{ (AR
o€tibt tao. 1
f|.r. .". o*.o.*vI oi.t.lct No,2
DAI.E F. OAANT
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Robert J. Stem!,redel, Jr.
nN,'{ot {Nflnl. Counry Alom.y tla.thg ol gorrd . Fkal llood.y ol llonlh lrA)(wELl i. BAnZ . Cour(y Cldlt
recrefl deveXotB mren$ cCIminfl::y
er=a
ttorrien
April 29,'1976
Mr. Bob Stemwede'l
County Attorney
P. 0. Box 717
Eagle, Colorado 8.|63]
Re: Vai 1 VJ'l l age West Fi 1i ng #3
Dear Bob:
Enc'losed is a proposed reso'lution for your cons'ideration and a
Re'lease of Oeeb oi Trust to be executed. Inasmuch as Hugh
WirOer did not forward to us the recording data we were unable to
furnish a'l'l the information required in the Release of Deed of
Trust.
Enclosed a'lso is a copy of our letter addressed to you and dated
March 26, 1976.
Ve.ry truly yours,
David G. E'lmore
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'l00OI East Evans, #69C, Denver,/Colorado 8023'l (303) 750-1600
xXX Xp.orxx txxxxrxix pxrXxx NxxxxxXptXil'XXXX&XXXXHtloXxloX'XI0{XXMxXosi
suire 250 . 823 comrnerce drive . otk brook, illinois 60521 . 312-88?.1300
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rDfn tromaii oiievel@ptmeruCI cwllrosny
Mr. Bob Stemwedel
County Attorney
P.0. Box 717
Eagie, Co'lorado 8'163'l
I
I wou'ld appreci ate i t i f'lst or Apri) Sth meeting for
the next court heari,ng set on
March 26, 1976
)
Re: Vail Village West F'i'ling #Q
this matter would be approved at your Apri'l
al'l of these matters are to be reso] ved before
4-22-76.
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Dear Bob:
Approximately three years ago Vail Village West Fi't'ing ll3-was
approvba by the Eigle County Conrilissioners and at that time a Deed of
fi'irst (copy enclos6d) covering 21,945 square feet of property iyjng
north df iirterstate 70 anO adiacent to Buffer Creek vtas .executed 'in
favor of the county to secure the building of roads in.filing #3'
The roads have not been bui'lt and jt would appear that Vaj'l
village west Fi]ing #3 wil] be annexed into the Town of vail a'long
with what is commonly known as the Matterhorn Property.. Due to current
iitigution, whjch I discussed with the Planning Commission on March lTth;
the 6wnership'l and ovlned by Vail City Corporation has_been divided' and
I must thereiore obtain a tance'llation of this Deed of Trust from the
county in order to deliver to the new or\,ners the 2l ,945 square feet in
qu.ition. Several members of the County Comn:issioners were in attendance
it tf,e meeting on March'l7th and heard my discussion on thil matter.
In the un]ikely event that the'land is noi annexed and remains in
tire cJuniy-tnen Vili CitV Coip. wi1'l post at that t'ime whatgver appropriate
bond the county may require.
JI
P'lease cal'l me if you have any quesi,ions, and thank you for your
cooperation. ;
Si ncere'ly '
David G. Elmore
,
i rlilc 2,i0 . greenn,ood plazn ten'ace. englewo,ld, col,ifirtl{) Sill l(}' :}t)3';;o'l6tl;J )
.r,iro 25ff . [l2ll cornmtrr'ce dlile . oak bror,k, illinr,is 60;2'I ' 3'l 2'88;'1300
Vail City Corporation did execute a Subdivision
and Deed of Trust regarding Vail Village l,lest,
which are attached, and
WHEREAS: Vail City Corporation has not developed Vail Vi'l1age West Filing #3
and does not contemplate doing so, and
WHEREAS:
WHEREAS:
RESOLUTION
Village West Filing
County Commissioners
Improvement Agreement
Filing #3, copies of
Vail City Corporation has requested that a Release of Deed of Trust
bg executed covering said parcel described in said Subdivision
Improvement Agreement, now
THEREFORE 8E IT RESOLVED that the County Board of Commissioners of Eagle County,ffierebyauthoriziitsappropriatemembertoexEcutea-
Release of Deed of Trust covering said parcel, and
BE IT FURTHIR RESOLVED that in the event Vail City Corporatjon determines to
#3 that an appropriate bond
be filed prior to any road
builil roadE in Vail
as required by the
constructi on.
Authori zed 'thi s of May,'1976.day
,
EAGLE COUNTY BOARO OF COUNTY COMMISSIONERS
AGREEMENTSUBDIV iSI ON IMPROVEI'IENTS
IN RE: Vail Village l/llest Filing No. 3, as shown on the Subdivision P.lat
thereof dated January 3l , 1973, attached hereto as Exhibit 'A"'
LOCATI0N 0F SUBDIVISI0N: West Vail
This Agreement made and entered into this day of '
A.D.lgT3byandbetweenVAILCITYCoRPoRATI0N,aColoradoCorporation'
whose address is suite 250, Greenwood Plaza Terrace, Englewood, colorado 80110'
hereinafterreferredtoas,,firstparty.'andtheBoardofCountyCommissioners
of the County of Eagle, State of Colorado whose address is Eagle Countt
court House, Eagle, Colorado 81631 , hereinafter referred to as "seco4.d party"'
HITNESSETH:
WHEREAS, first party is in the process of developing Vail Village West
Fi'l'ing No. 3, near Vail , iolorado in the County of Eagle' Colorado' and;
WHEREAS, the second party. pursuant to its duties' requires in connection
with said development that roadways and water systems be developed according to
certain minimum regulations and requirements;
NOl,l THEREFORE, for and. in consideration of the promi ses and agreeinents
herein contained, the parties hereto hereby agree as followsl
l.Thattheroadsystemtobeconstructedbyorinbehalfoffirstparty
in connection with Vail Vi'l lage llest Filing No' 3 shall be completed as of
Noyember l5, lgT4 so as to neet the specifications on file with Eagle County'
2. That upon compietion of the roadways according to the specifications
andrequirementsofEagleCounty,secondpartysha'llre'leaseanysecurity
given by first party to guarantee such performance and shal'l release first
party from any further obligations hereunder'
3. That first party hereby agrees to secure his performance of the
terms and conditions to be met by it in accordance with this Agreement
with the sum of $35,000.00; and payment of said sum shall be evidenced and
securedbyaDeedofTrusttothePub.licTrusteeofEaglecounty,Colorado
naming second party as beneficiary and covering certain real estate in the
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vlcinlty of Vail, Colorado, which property is presently unencumbered and
owned by Vail City Corporatlon described as Lot 3 of Vail Village l{est
Ftllng t{0. 3.
VAIL CITY CORPOMTION
(A coloraao CorPoration)
Rv.
Presi dent
ACCEPTANCE
ApprovedbyresolutionoftheEagleCountyBoardofCountyCorrrnlssioners
at the meeting of 197
By:-
,o
LEGAL DEscRIpnoN 0F oNE-HALF AcRE coMMERcInr pnncgl sz? IEET N0RTHEAsT 0F DAs scncli
SHOPETTE TRACT ON CHMONIX LANE.
A PARCEL OF LAND LYING IN THE EAST HALF OF THE SOUTHEAST QUARTER OF SECT:;:I
I1, TOI.INSHIP 5 SOUTH, MNGE BI }IEST OF THE SIXTH PRINCIPAL MERIDIAI{, EAGLE COUNTY, S;AIE
OF COLORADO DESCRIBED AS:
COi.li'lENCIllG AT THE N0RTHEAST C0RNER 0F THE SOUTHWEST QU;RTER 0F THE SCUTIi:iSf
qUARTER 0F SAID SECTI0N 1.l, THENCE AL0NG THE WEST LINE 0F SAiD EA5T HALF 0E THE S0tr:i-rlSf
QUARTER 0F SECTI0N il, S t'39'00'!{ 354.15 FEET T0 THE SoUTHERLY LiNE 0F Ci{AM0NIX L:),:
RIGHT-0F-WAY, l,lHiCH IS ALS0 THE S0UTHIIEST CORNER 0F VAIL HEIGHTS - FILING N0. 1; Th::iCE
AL0NG SAID S0UTHERLY LINE 0N THE F0LLOWING SEVEN C0URSES: ('l ) N 85o.l3'33'E192.e2il:t
T0 A P0INT 0F CURVE; (2) 270.5s FEET AL0NG THE ARc 0F A 238.64 FOCT MDIUS CURVE T0 ;i:€
LEFT IIHOSE CENTRAL ANELE TS 64O57'33U AND lllHOSE LONG CHORD BEARS I{ 52"14'46" E 256.2J
FEET T0 A P0INT 0F TANGENT; (3) N 20'16'00" E 284 FEET T0 A POINT 0F CURVE; (4) 139.59
FEET ALONG THE ARC OF A 227.38 FOOT RADIUS CURVE TO THE RI6HT bIHOSE CE]iTML ANGLE IS
35OIO'29N AND WHOSE LONG CHORD BEARS N 37O5] 'I5" E I37.4'I F:ET TO A POINT OF
TANGENTi, (s) N 5s"26',29" E 364.86 FEET T0 A PoINT 0F CURVE; (6) 8l .77 FEET AL0NG Tli:
ARC OF A 1,]35.BO FOOT MDIUS CURVE TO THE LEFT }IHOSE CENTRAL ANGLE iS 4"7'29'A:'ID
I.JH0SE L0NG CH0RD BEARS N 53o22'44u E 81 .75 FEET T0 A P0INT 0F TAI{GENT; AND (7) N 5l'19'q)'
E 273.50 FEET T0 A P0INT 0F CURVE WHICH IS THE TRUE P0INT 0F BEGIIi:{ING: THENCE
CONTINUING ALONG SOUTHEhLY LINE OF CHAI'|ONIX LANE RIGHT-OF-I.IAY ON T}IO COURSES; (I)
1i2.47 FEET ALoNG THE ARC 0F A 414.37 F00T RADIUS CURVE T0;THE RIGilT l,fi{osE CENTRAL
ANGLE IS'I 5'33'OB" AND IIHOSE LONG CHORD BEARS N 59'05'34" E 1'I2.13 FEET TO A POiIiT
0F TANGEflT; AND (2) N 66o52',08" E .l00 FEET T0 THE S0UTHEAST C0RNER 0F SAID VAIL
HEIGHTS - FILING NO. 1 WHICH POINT IS ALSO THE NORTHI,{EST CORNER OF LOT 38, RESUB'IV:5Iq
0F BUFFER CREEK; THENCE ALONG THE SOUTHIIESTERLY LINE 0F SAID RESUSCMSI0N 0F BUFFEi'
CREEK S 37o07'52" E 83 FEET; THENCE LEAVING SAID S0UTHIIESTERLY LII: S 52o52'08" ld 2;5-6
FEET; THENCE N 38"41'00u lrt 119.39 FEET T0 THE TRUE POiNT 0F BEGINIiING, C0NIAINIIIG
21,945 SQUARE FEET 0R 0.5038 ACRES M0RE 0R LESS.
TIIiS DEED OF I'llUST, Medo tbis dly ol
VAIL CITY CORPORATION
19 . bcttacD
thogrontorhcr'€i,,whoseoddre$is iHllS-333: 35ii3tt""O
P'laza Terrace
Couni'lt ot AfapahOe rnd Ststa ot Colorado' rnd
the pu8lrc TnusrEE ot th6 county ot rigie ,lntbo stde ot colorrdo'
ivrt*Brssrt' rbe Grantor to aecute tr" gfrffif;f t"r76;#:iil
^ffi|'ilait
tb€ DrrrdDar$'ra oi
payablo to the or<lrcr of Eagle County Board of County Conmissioners
the beneliciary heroin whose sddtos8 ls Eagle County Court House
Eagle, Colorado 8l631
r etter thq deta thcreof'
$itb interest lheroon from t}lo dato thereof at ths rsto o!psrccDt psr slnum, Drincipsl snd iDtrrs!! pcyrble
do.ee heroby grant ard convct un-ro aaid Pubtic ltustae tbo folloving ds8cribed pro?€rty, 8itulto in thg
County o! Eagle , Siate qt Color&io, t' wit:
LEGAL DESCRIPTION OF ONE-HALF AUKI ,.,,'''''IV^^L . TI\\'LL CAZ ILT'I NORTHEAST OF CAS SCIIO|IT'
SHOPETTE TMCT ON CHAMOIIIX LANE.
!iliio'ililiit"riir-on'o'stj3ri'^.RES MoRr 0R t'rss'
'ra. tot aotng ln.tnrnaut tit 'ckroil'dFd
b"or. D' tbt' drt et
"t tfi il:S$rTil'olna otriltrr ..'r'
-':iiiiiiFitiii-
A Fr\scrL 0F L^ND LYING IN IHE tAll.TfiLFolirTiir'i:,i'il1'l,l,ii,nlltlr'i*rii',?ill?ltt
l1 . T0}INSHIi 5 S0'rlTli, ii,\liti[ ril NI:ST 0l: Tllli sl\
OF COLORADO DiSCRIBID AS:
c'li'lErcING
['iilriiiil'tilriliililt?!+]iif .lilitilixiilll'P"i'i'lolllif;il"
ilifiil':i^il:llii ij it':r,i r,:irirul:i*'iip1.itu$;: ;il::iffiil3il$* it*ii
,'i,'i$1;,5[;"'ffi f,i*'}lru-x*fi $*tt';,im$,ii,i[',,'ii:"r*'
mfififfm*ffi**fi+fi**$jffi
n+tr*ugutfifin*fitfififfi **#,,,''
Krtiorv Ar-r, MsN Tnusp Pnasptir's: That, Where-rs,
VAIL CITY CORPORATION
of the Countyof Arapahoe
datedthe dayof ,19
Clerk and Recordcr ol the
the dayo! ,19
Rcception No.
WITNESS mY hand 8nd sosl t}tis
STATE OI'COI'RADO,
Courty of
in tho Stato of Colorado, bv DEED OF TRUST
, and duly rtcorded ijn tho Office ol the Couaty
County of Eagle in the State of Coloia"io, on
, tn book 8t pago (Fiin No.
) of the records, in said officq conveyed to t'he Public
dey of ,19
(SEAL)
!
Trugtee in said Countr of Eag'le cerLain real e$tato ln said Deed of Ttust
descriM, la trust to secure tle paymelt of the indebtetLness mentioaed therEia'
oio, mo*tos, Said iadebtadness has been paicl and the purposes of gaid trust have been fully
'
Now,THEII,EFoRE,Atttrercqueetofthrc}egal.h.ol|erofttreindebtednesss€cui€dby6eid
Deed of Trust, aad i! coasiaeraio-n;;;;;;;t La it, fu"tl"" consideration of the gum of Tb'-se
Dollarq to me in hanil pai4 the receipi wheoeof is hereby acknowledged' I' as t'he Pablie Tfls'too in
said Countv ofguol. , do.lrergbl remise' release aril eui0'craim uaio ihe
pres€nt owner or owtxetrs of eaia r&I Z;6t€ 8nd unto the heirs, succesgors and assigne of sai'I owler or
owners folever, all the righ! i:i[ *a f"G"rt *litn f have under a:rd by virtue of said Deoil of
ltust in and to the said real estate !0 said Deed o! l}ust particularly described, rcferenco to which is
hereby made for SEerter c€daioty.
TO HAVE AND TO IIOLD tbe sarce, togetbe.r with all and singular the p;ivilegeg and appur'
tetances thereunio uoogug r**"". ello rtlnrrmR, that the said trust Dsad is'- by t'hese pres'
ents, to be considered ", foUy e"d-.b"oltt"ty ottot"a, "-eeUed
arld forev€r discharged'
/r' .|| P!Ul. t'!!ti.. to ..ld
Sy.....*--.-..-..--.'
Courty of Eagle Colcado:The Public Thsteo i! said
Pleaseeriecutethierelease,thebilebteilDesssecuredbythoabovementionedDeedofEruet
having been fullY Paid.
The foregoing instrument was acloowledgBd before me this
19 , by as thc
Couatyof , Colorado'
tr4Y commiesion cx?ires
Witness my r"t'd ard official seal'
Eab.larcounsv.-3s***LTxH;PT,gT'.1#.S.iu';
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V
EIAGT.E! COU]VIY ENGINEER
Courthouse
P. O. Box 734
Eagle, Colorado
81631
Phone 328-6337
29 June 1976
MEMORANDUM
To: County Attorney
From: County Engineer
Re: Release of Surety for Vail Village lTest Filing #3
The correspondence'relating to subject matter which you gave to me on
June 16, 1976 is returned herewith.
As I am sure you know the purpose for requiring surety for public
imppovements at the time of sub-division approval is to insure that
the sub-divided parcels of land have the necessary improvements
installed by the developer. In reading the above referenced
correspondence and talking to Dave Elmore it appears very doubtful
that the improvements will be installed in the near future. Thus,
I feel that the County continuj.ng to hold the surety is more
important than normal in this case. I would suggest that if Vail
City Corp. needs this surety released then they should either;
a. Vacate the plat in its entirety, or
b. Provide new, substitute surety, based on an updated cost
estimate for the County approved facilities,i.e. platls
approved by the County. \Yhich cost estimate, would be subject
to the approval of the appropriate County Offices.
I would strongly advise against the County releasing the surety
under .fl}y other conditions.,.( ' /1./tryr/q/ - Bill
cc: Mike B1alr
Steve Isom
WVS,/Lv
)
liccopLion N".O..............
TIIIS DDDD OI TRUST, I{ado this
tho gloDtor hcleir whosc address is
the PUBLIC TRUSTED of tho
\YITNESSBTE r Tbe Granior to socure hie {lb"'}Q9b),lXXd(16 bearing even dllo herewitlr, for tho prlncipsl sum ofI Subdivision Improvements Agreement rlil.tct(rt
payattototheor<lerof Eagle County Board of County Comrnissioners
the beneliciary herein whose address ir Eag'l e County Court House
Eagle, Colorado 8163.l
r after tho dats thereof,
perccnt per annum, principnl and intorcst poynblc
dobs hereby grant and convey unto said Public Trusteo ths following described
Couniy of Eagl e , Stato of Colorado, to \,eiti
, botwoen
Terrace
and Stato ol Colorado, arrd
, in tho State of Colorado,
situats in tho
dry o(
No!.ry I'ublic.
with interest thergon from the date thereof st tho rats ol
.:
A.IARCSL OF Li\ND LYING IN THE EAST HALF OF THE
ll, T0|'INSHIP 5 S0tlTti, ii;\Nt'il: lil t{l:Sl' 0l: Tllt: SI'\Tlt l'IiINCIPAL
OF COLORADO DESCRIBED AS:
LTGAL DESCRIPTI0N 0F 0NE-HALF ALKE v,,.u.,.,rv.^! r^,\r,LL cLz rvLl N0RTHEAST 0F DAS S0ll0l{[
SHOPETTE TRACT ON CHAMONIX LANE.
sOU.|llrA:;T QIIARTER 0F SICTI0N-I'll ltIlrIAN. I A(il.E c()lliifY, :;TATE
Th{ loregoulg Inelr||tleot vo6 $ckno$ltdg€d hrforc mo Lhin
lUt Comm lrni(tn cxlir(tt
Witncrr rrry lurtrrl rnd olliclal relrl,
.{,1, .1.;r.r rir'r', i)ll'.'i) t):r;.t,irt',' ,-,) ,'1'rtr.rrl;',(,; t' ,;r,:.-5had ,r',r,,\.. -
. l9
'10
.......,.... ..O........,...............1tccordor.
dry of
VAiL C]TY CORPORATION
Suite 250, Greenwood Plaza
Engl ewood, IJOl l0
Counly ol Arapa hOe
County of Eag'l e
COi\iItEi\CING AT THE NORTHEAST CORNER OF TI.IE SOUTHI'IIST QUARTER 9F^JHg SOUTHEAST
QUARTER 0F sAiD sriiioiii ri','liiiN'c'e-nioNe-iHE wisr Llr're 0F aAiD ersr HRlr 0F THE sourllEAsT
QUARTER 0F sEcrIoN 'l't, s 1.39'001_ul_3s4}s FeEi T0 TllE SOUTHERLY LINE 0F CHAMONIX LAi\iE
RiGuT-gF-WAy, ltHrCH'ji nLio-iHi sourHwrii-cOnnsn 0F VAIL |IEIGHTS - FILING N0. l; THENCE
ALoNG sArD sourHERLY LINE 0N THE FolLol,line-ieVrn couRSES: (t) n-91111:19::^E^]e2'82 FEET
T0 A p0rNT 0F CURVE; (?) 270.55 FEET Ai0i'iG iHi-Ani-oF n zls.6+ F00T RADiUS CURVT T0 Tl-lE
/ LEFT t{HosE c[NTRnr--Anelt rs 64.s7'rs.' 'Iilij-t,Jr-ro5r r-one cHoRD BEARs N 52"44'46",E 256'29
\ FEET To A porNT or r[neEuil i:l l t0"'16';00i; i-isq rrEr r0 A P0iNT 0F GURVE; (4) 139'59
FEET ALoNG THE ARC OF A 2?7.38 F00T nnOrui CunVr rO THE RIGHT blHoSE cINTRAL ANGLE IS
35OIO'29" AND lIHOsE LONG CI-IORD BEARS
-
N 37"5I']5" E I37'4I FEET TO A POINT OF
TANGENT; (5) N s5"t6;is; E:0q.86 FEST ro n"pOrrui 0F CURVE; (6) el '77 FEET AI'oNG-THE
ARC 0F A 1,135.80 FOOi-nnofUS CURVE fO fHE UfFi lrHOSf CINTRAL ANGLE IS 4"7'29" AND
tiHgSE LgNG CHSRD BEARS N s3"22'44" E el.)5 FErf T0 A PSINi OF fnrleEuf; AND (7) N 51"]9'00"
E 273.50 FEET TO A POINT OF CURVE l{I1iii'ii iH. TRUE POINT OF BEGINNING: THENCE
c0NTTNUTNG ALoNG sourHERLy LrNE or cH[iioxix'l[nr nieHr-or-wirv-orl-ivro counsrsi !i'),
112.47 Ft[T trLor{G TnE ARc 0F A 414.:z'iocii"nnoi[s cunvr T0 TllE RIGIJT f'illOsE cEl{Tl]nt'
ANGLE IS t5"33,oti" AND l,Jll0SI L0N0 CrlOnb-[inii.{ N 59"05':t4u l. ll2'13 l:l-l:'l'T0 A l'()1il'f
0F TANGEpT; AtiD (2) N 66"52'08" I f OO'FEri'iO irlr SSUTIIIAST Cgi{NEl{ 0i: sAID VAII-
HEIGIITS - FILING N0. I t+itICH P0INT IS niiO frrr NOnfUVlgSf COnl'iEn 0F LoT 38' RESUIIDIVISI0:{
0F BUTFER CREIK; THENCE ALoNG THE SOuliir.rrirrnlv itle 0F SAID RESUI]DIVISi0N 0F tlui:FEll
CREEK S 37"07'52" E 83 FEET; THEIICr LraVine-sniu-iourHr',ri'stLnLt LIN[ S 52"52' 08" l'l 205'26
FEET; THENCE N ge"it;00;'-1,l j'19.39 FIE;"iO"iHr inur-pOlni 0F BEGiNNING, CONTAINING
:llpis lqrrans F[[T 0l] 0.503s ACRI:s lvioR[ 0R t't:ss'
-,1 ",j:',r': ".";iri'la{ r,a.' iitlll t;i }r""t :'t?''
.'.:r'..r]i,r'''..'.'|.r.'..!1:.r.fir'..'l.lrlt..t.'l'll'!!'l|;lllry;,,r.,'lr'']l''ji;l'rl
r\,!,,,t.. Iii,r,,i ill i,r1 , ,,i i'r,,1.':,'l,i.r'i{i r)i ti, 1r,.'lirniti t;:ilt":"1 "tt."'t'-'
I(xOrv Ar-r, h{ax By.jlirusn Prtnssx'rs: 'Ih:rt, Wherc.rrs,
VAIL CITY CORPORATION
the
of the Countyof Arapahoe
datcd ihe dayof ,19
Clerk and Recorder of the
Trustee in ssid
' WITNESS mY hand and seal t}is
Ths Public Ttuste€ in said
Please oiecute this release,
havhgbeen fullY Paid'
STATS OF COI.,ORADO,
' CountYof
day of , 19 , in book
Receptiou No. ) of tbe recoids,
in the Sta',a of Cclorudo, by DEID OF T"UST
, and tluly recorded Lr tho Office of tho County
CountY of Eag'le in the Sia0e of C,alo.-.,io, on
at pago (FE;a No.
in said offics, conveyed to the .liblic
certein resl iNtats i:r aaid Deed of Trusi
describod, in hust to secure tbe payme::,t of th.: indebtedness mentioaed thei'Ain'
ONtp, WU1U*UAS, Said indebtedness has been paid a.rd the purposes of said trusi have be€a fully
satisfied;
Countyof 5sg1g
day of ,19
County of Eagle Colorado:
the indebterlness secured by the above mentronai Deed of
EabJ;0r{ouqw.i***9fr*},i"H;c*;::j"?'jffi}.iil;
]"'
The foregoiog instrumeint was aclcnorvledged before nre this day of .
Public T:usteo io ss:d19 ,by as the
Countyof , Colorado'
MY conlmission orpircs
Witrress my hand and officlrl scal'
NOW, THEREFORE, At the request of tho legal holder of tire i:rrlebtedness s€cu^:rai 'ol az'to
Dee<l of Tlust, and i:r consideration oitbe pt"-it"., "-a in further consitle-ration of tro su-a of Throe
Douars, to me in hand pai4 the receipt rphqeof iglereby ac)<nowledged, I, a'g f'he P'rblic tru;'ae ia
v,id, county o&aqle , do heroby remise, release and quii;+laia ua'o the
present owner or ownexs of said r&T "d[to ana untO the heirs, successors and sssig'las of sB:d o$:ier or
orf?ers forever, aI the right, title and inierests *Ui"rt i havs under and by viriue of said Dasd oi
Trust in and to the said real estate !B esid Deed J f""rt particularly d.escribed, refe.-ence to rrllicb ia
hereby made for greater certainty.
TO IIAVE AND TO HOLD the sane, together with all and singular the privJeges and appw-
tenances thereunio rcfo"t"t tot**. aSp fffn.ITfnn, that the said TLrst Deai is' by -"bese p'res'
ents, to be considered *;"1i" snd ebsolutely release.i, cancelle<i and forever discharged'
ir
!
,N<l.904uDLUMiiQyu[uDor,fUitTuY,}1i|iPu;Lto11iU8ri!..l|r'rrri|,,r,.llrrIl|ill,|nc(.rr.rlhi'i.tii||rttll6||..ci.I-)t.trvgr'];:cdo,,i6
LEGAL DESCRIPTION OF ONE-HALF ACRE COIV1I4ERCIAL PARCEL 5?2 FEET NORTHEAST OF DAS SCHO|iE
SHOPETTE TRACT ON CHAMOIIIX LANE.
A PARCEL OF LAND LYING iN THE EAST HALF OF THE SOUTHEAST QUARTER OF SECTION]I, TOI.INSHIP 5 SOUTH, RANGE B'I I,]EST OF THE SIXTH PRINCIPAL MERIDIAN, EAGLE COUIITY, STA;:
OF COLORADO DESCRIBID AS:
COI4MENCING AT THE NORTHEAST CORNER OF THE SOUTHWEST QUARTER OF THE SOUTHIAST
QUARTER OF SAID SECTION II, THENCE ALONG THE I,IEST LINE OF SAID EAST HALF OF,THE SOUTjTIS;
QUARTER 0F SECTI0N t',l, S to39'00" ll 354.'15 FEET T0 THE SOUTHERLY LiNE 0F CHAI'10IiIX L^:iE
RIGI'IT-0F-I,JAY, l,lHiCH IS AL50 THE S0UTHI,IEST CORIIER 0F VAIL HEIGHTS - FILiNG N0. 1; TH;:iCt
ALONG SAID SOUTHERLY LINE 0N THE FOLLOI,JING SEVEN C0URSES: (1) N 85o.|3'33" E l92.BZ F.E1
T0 A P0INT 0F CURVE; (2) 270.5s FEET AL0NG THE ARC 0F A 238.64 F00T MDIUS CURV: T0 Tfit
LEFT I,IHOSE CENTRAL ANGLE iS 64"57'33'' AND i,.IIIOSE LONG CHORD BEARS N 52"44'46" T 256.?9
FEET T0 A POINT 0F TANGENT; (3) N 20'.|6'00" E 284 FEET T0 A P0INT 0F CURVE; (4) 139.59
FEIT ALONG THE ARC OF A227.38 FOOT RADIUS CURVE TO THE RiGHT t,lHOSE CENTRAL ANGLE IS
35O]O'29" AND WHOSE LONG CHORD BEARS N 37"5I'15" E I37.4I FEET TO A POINT OF
TANGLNT; (5) N 55"26'29" E 364.86 FEET T0 A P0INT 0F CURVE; (6) 81 .77 FEET ALOiiG TfiE
ARC OF A I,I35.80 FOOT RADIUS CURVE TO THE LEFT WHOSE CENTRAL ANGLE IS 4'7'29" AND
llH0SE LONG CHORD BEARS N 53"22'44" E 8.l.75 FEET T0 A P0INT 0F TAliGEllT; AND (7) li 5.l"19';J"
E 273.50 FEET TO A POINT OF CURVE blIlICH iS THE TRUE POINT OF BEGII,INING: THE|\CT
CONTINUiNG ALONG SOUTHERLY LINE OF CHAI4ONIX LANE RIGHT-OF-WAY ON TI,JO COURSES; (I)
112,47 FEET ALONG THE ARC OF A 414.37 FOOT RADIUS CURVE TOT THE RIGHT I,.IHOSE CENTRAL
ANGLE IS ]5"33'08" AND I,IHOSE LONG CHORD BEARS N 59'05'34'' E I12.13 FEET TO A PO;|{T
0F TANGEIIT; AND (2) N 66"52'08" E'100 FEET T0 THE S0UTHEAST C0RNER 0F SAID VAIL
HEIGHTS - FiLING NO.,I WHICH POINT IS ALSO THE NORTHI^IEST CORNER OF LOT 3E, RESU3DIVISIC],
OF BUFFER CREEK; THENCE ALONG THE SOUTHI,IESTERLY LINE OF SAID RESUBDiVISION OF BiJFFTR'
CREEK S 37"07'52" E 83 FEET; THENCE LEAVING SAID S0UTHI^IESTERLY LINE S 52o52'08" l'J 205.2:
FEET; THENCE N 38"41"00" t,l .|19.39 FEET T0 THE TRUE P0INT 0F BEGINNING, CONTAINIIiG
21,945 SQUARE FEET 0R 0.5038 ACRES MoRE 0R LESS.
vicinity of pi1,
owned by Vail City
Filing No. 3.
Approved
the meeting
ACCEPJAryCE
the Eagle County Board of County
,197 .
Corunissioners
By:
at
:
I
,
o
l1
Colorado, which property is presently unencumbered and
Corporation described as Lot 3 of Vall Village West
VAIL CITY CORPORATION
(A Color4do Corporation)
Presiilent
by resolution of
of
EAGLE COUNTY BOARD OF COUNTY
SUBDIVIS]ON iMPROVEMENTS
COMMISS I ONERS
AGRETMENT
IN RE: Vail Village l,Jest F'iling No. 3, as shovrn on the Subdivision Plat
thereof dated January 3'l, 1973, attached hereto as Exhibit "A".
LOCATI0N 0F SUBDIVISI0N: West Vai'l
This Agreement made and entered into this day of
A. D. I973 by and between VAIL CITY C0RPORATION, a Colorado Corporation,
whose address is Suite 250, Greenwood P'l aza Terrace, Englewood, Colorado B0ll0,
hereinafter referred to as "first party" and the Board of County Commissioneri
of the County of Eag1e, State of Col orado whose address is Eagle County
Court House, Eag1e, Co1 orado Bl 63l, hereinafter referred to as "secoq{ party",
l,llTNESSETH:
WHEREAS, first party'is in the process of developing Vail Vi'llage West
Filing No. 3, near Vail, Co'l orado in the County of Eagle, Colorado, and;
WHEREAS, the second party, pursuant to its duties, requires'in connection
.with said development that roadways and water systems be developed according to
certain minimum regulations and requirements;
N0tl THEREF0RE, for and in consideration of the promises and agreements
herein contained, the part'ies hereto hereby agree as fo1 lows:
l. That the road system to be constructed by or in behalf of first party
in connection with Vail Village l.lest Filing !io. 3 shall be completed as of
Noyember .l5,'1974 so as to meet the spec'ifications on fi'le with Eagle Couniy.
2. That upon cornpletion of the roadways according to the specifications
and requirements of Eagle County, second party shal'l release any security
given by first party to guarantee such performance and shall release first "
party from any further obligations hereunder.
3. That first party hereby agrees to secure his performance of the
terrns and conditions to be met by'i t'i n accordance with this Agreement
with the sum of $35,000.00; and payment of sa'id sunr shall be evidenced and
secured by a Deed of Trust to the Public Trustee of Eagle County, Colorado
nam'ing second party as beneficiary and covering certain real estate in the
/' +l tlJ
'/''..,i,l-,// '/
IIHEREAS: Vail City Corporation did execute a Subdivision Improvenient Agreement
and Deed of Trust regarding Vail Village West, Fiiing #3, copies of
which are attached, and
WHEREAS: Vail City Corporation has not developed Vail Village I'lest Fi'ling #3
and does not contemplate doing so, and
WHEREAS: Vail City Corponation has requested that a Release of Deed of Trust
bg executed covering said parcel described in sa'id Subdivision
Improvement Agreement, now
THEREF0RE BE l-L RESQIVED that the County Board of Commjssioners of Eag'le County,reerebyauthoriziitsappropriatemembertoex6cutea-
Release of Deed of Trust covering said parce'l , and
BE IT FURTHE&RESOLVI! that in the event Vail City Corporation determines toffinVai]Vi1lageWestFiting*sthatanappropr.iatebond
as required by the County Corunissioners be filed prior to any road
cons tructi on .
Authorized this day of May, 1976.
RESOLUTI ON
ti"e(|u[t ucvelelnenf
L
iLiomaiil
l,.;Ja
March 26, 'l976
Mr. Bob Stemwedel
County Attorney
P.0. Box 7'17
Eag1e, Colorado 8'163'l
I
Re: Vail Village West Filing #{
Dear Bob:
Approx'imately three years ago Vail Vi'l1age l,lest Fiiing #3 vras
approved by the Eagle County Conimissioners and at that time a Deed of
Trust (copy enclosed) covering 21,945 square feet of property lying
north of interstate 70 and adjacent to Buffer Creek vtas executed in
favorofthecountytosecurethebui.ldingofroadsinfi1ing#3'
The roads have not been bui'lt and'it would appear that Vai'l
Vii lage l^lest Fi'ling #3 wi'i'l be annexed into the Tovrn of Vail along
rvith what is common'ly knourn as the Matterhorn Property. Due to current
litigation, which I discussed wjth the P]anning Cornriss'ion on March iTth'
the ownership land ovrned by Vail City Corporat'ion has been divided' and
I must therefore obtain a cance'l lation of this Deed of Trust frorn the
county in order to del iver to the nevl oh'ners the 2l ,945 square feet in
question. Several members of the County Comrilissioners r,rere in aitendance
at the meeiing on March'l 7th and heard my discussion on ihis ma'rier.
In the unl ikely event that the'l and is not annexed and remains in
the county then Vail City Corp. wi1'l post at that time vrhatqver appropriate
bond the county may lrsquips.
C::J
I=)
F-,\;t
tr;-:
F--
c-,
I wou'ld apprec'iate ii if this matter wou'id be approved
'l st or Apri'l 5th meeting for a'l 'l of these matters are to be
the next court hearing set on 4-22-76.
,,t I
Please ca'l'l me if you have any quesiions, and thank you
cooperation ,
at your April
resolved before
for your
5i ncere'ly,
David G. E'lmore
suite 2,trfl ' g;eenrvoo{ p)aza ten'acc . cnglervoor'1, col,,r'u,l,r 801 l(-) ' llr )l}.iii)' I irlljJ
suile250'{J2il conrnrelce drivc'oak blook, illirri'i* (1052l '3l:'p,8;'1300
rect
AprJ'l 29, '1976
Mr. Bob Stemvedel
County Attorney
P. 0. Box 7i7
Eagle, Colorado 8'1631
Re: Val'l Village l,Jest Flling #3
Dear Bob:
Enclosed is a proposed reso'l utiOn fOr your cons'ideration and a
n"iear" of Deeb o? Trust to be executed. Inasrnuch as Hugh
warder did not forward to us the recording data we were unab'le to
iJrnish all the information required in the Release of Deed of
Trust.
our letter addressed to you and dated
n'tr'tnnnn#
-li1r:ll':ll
rit
f-ii\-'tdrrt,'J'
ro$lcnroii ljrilny
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tJ;2j
r}qL-J
f::.:1r.:::,tr=).cl\rt
otr=eA\(vtrioE:t
Enclosed also is a coPY of
March 26, '1976.
Very truly yours '
David G. Elmore
\A/\.r'
j0001 East Evans, #69C, Denver,/Colorado 80231 (303)"750:]900
xuxxpxxxxtx,xdQ('\,)0fiilK*xxxx,lxxx,xN4l.xilxX)(MXXXX,KXKX)(XXX'XX0{NX,)f{XX0gI
suite 2S0 , 823 commerlce clrive . oak brook, illinois 60521 ' 312.887'1300
'o
The BoardQ County Commissidners-fagleOunty, Colorado
EAGLE, COLORADO 81631
Phono 328-6377
May 25, L976
OANIEL F. KOPRINIKAR
Drslrict No. I
A.F. "AI'' ORLOSKY
Distflct No.2
DAIE F. GRANT
Dist.icl No. 3
Mr. DavidSuite 250
Greenwood
Englewood,
Rel
Dear Dave:
RJS:p1b
G. Elmore
Plaza Terrace
CoLorado 80110
VaiI Village West Filing #3
We wii-l- need a resoLution and any other docu-
mentation whj-ch you $rant approved prepared and
sent to us for review prior to submission of
same to the County Commissioners.
Very truJ-y yours,
G Gio.,l),(f^
Robert J.l StemwedeJ-, Jr.
eg v\ -i,.\ ruJ' * | J*"^'*'J d* *fr*' -f:"
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[,tE5SAGE/I
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ffi, ;F4" .!; :! :r.,t-a-i'tr,-^, r- L ;r.aa,/i + u-t i rLu*,_.- (A d- _o,. ", 1,2, T o fr:.ff I,; i /u.- vtz, < : yaiy'u:;/. g.c_ -**,,t-,
er
Robert J. StemwedeL, Jr.
ISNiAnflilfi N- County Aito(ney Mootlng ol Bo!.d. Flr.l Mond.y of Monlh
't
,
MAXW€IL R, BARZ -, County Clotk
.#
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; ':': 'r '2! i.':
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--lllb--
The Board(' County Commissioners-Eagle Count{iolorado
EAGLE, COIORADO 8163T
Phon 328-6377
. May 251 1976
2
.1-
I.i. -L-./
,, DANTEL F. XOIRTIIXAn
Or.trict t{o- |
fe.r..l.onlosxv
t... )r/ ' o.lricl l{o' 2
DALE F. ONANT
Oi8trict l{o. 3
I
I
: ,i",; i
-,-lc,li,'';l/
-;
Mr. David G. ElmoreSuite 250
Greenwood Plaza Terrace
Englewood. Colorado 80L10
Re: VaiI Village West I'iling *3
Dear Dave:
We will need a resol-ution and any other docu-
mentation which you want approved prepared and
sent to us for review prior to submission of
same to the County Cornmissioners.
Robert J''| .
R^TS: plb
Fg" v\rr, rnJ^ - | J;*J d" *fr-*' *!:A
\4/t^ , lr *'1
Lifr"^ a ( v"a* 7. Y;.A1/'rr*- - - tY-*, d^'**sc"d F*&"'*' t 'f F'47'e4
p.t r.t- rt'r^,frt'n 'nt*)**' '^' t *7 t'o7a'-"/ f
.Ck*t * 13 'o l'
P S. ttL[ a.*rf d"* p"fr* *#
Robert J. Stemwedel .Ir.Nltli:iflfilltfrlN. counry AIorD.y ms.rtng ol Bo.d. Fkrt Morx,ry ol Monlh lrAxwELL a, 8ARz. County cl€rk
t
very truly yours ,
Stem\,tedel , Jr .
tI
devel
v
'1000] Easi Evans, #69C, Dcnver,/Colorado 80231 (303) 750-'1600
l(ixtixD)Sxxxydxxlixi(xxxi(l(xxxxxiixxx,xxf,Ix.. xi(x,xxvix)(xxxl$xxl('x.xxilN)iclxxo(rg
,4a,fi\i?itf'l i- $ -I \I\-/\-/.:iuli' J\ui,...r 7Lclcruen$recreeilionex
!-/l=4
April 29, 1976
Mr. Bob Siemwedel
Couniy Attorney
P. 0. Box 717
Eag'le, Colorado 8'163'l
Re: Vai'l Vi 1 l age
Dear Bob:
West Filing #3
Enc'l osed 'is a proposed resolution for your coneideratJon and a
Re'lease of Deed of Trust to be executed. Inasmuch as HuEh
llarder did not forward to us the recording data we were unab'le to
furnish a'l'l the information required in the Release of Deed of
Trust.
Enc1osed a'lso is a copy of our letter addressed to you and dated
March 26, 1976.
Very truly yours,
David G. Elmore
AoG'
\ct
--eF.\gafoE7
,
suitc 250 . 82ii ctinrrnclcc drivc ' ork brook, ilJinois (r0.-r2l ' .312'88?'I:i00
recr"eatloneil developmaem{; cCIilt]?
March 26, 1976
Re: Vail Village West Filing #l
Dear Bob:
Approximate'ly three years ago Vai'l Vil'lage West Filing il3 was
approved by the Eagle County Commissioners and at that time a Deed of
Trirst (copy enclosed) covering 2'1,945 square feet of property lying
north of Interstate 70 and adiacent to Buffer Creek vlas executed in
favor of the county to secure the building of roads in.fi'ling #3.
The roads have not been bui'lt and it wou'ld appear that Vai'l
Vil'lage West Filing #3 wi'l'l be annexed inio the Town of Va'i1 along
with what is common'ly knolvn as the Matterhorn Property. Due to current
litigation, which I discussed with the Piann'ing Commission on i{arch'l7th;
the olnership'l and ovrned by Vaii City Corporation has been divided' and
I must therefore obtain a cancel]ation of this Deed of Trust from the
couniy in order to deliver to ihe new owners the 2'l ,945 square feet in
question. Severa'l members of the County Conrcissioners were in attendance
at the meeting on March lTth and heard my discussion on thil matter.
I wou'ld appreciate it if
or Apri'l Sth meeting for
next court heari.ng set on
)r
Mr. Bob Stemwede'l
County Attorney
P.0. Box 7.l7
Eagl e, Col orado 81 63'l
I
In the unlike]y event that the 'land
the county then Vai'l. City Corp. will post
bond the county may'require.
you have any
Si ncere'ly,
David G, Elmore
srrite 2.i0 ' gr.cerrrv.rod Ilazn terracc . en;1ltrv.-tod, c(ll,,r'ir{l(} 8i)l l0' i}t)ll.ll(i-l(rlij}
quesi,ions, and thank You for Your
is not annexed and remains in
at that lime whatgver aPProPriate
wou'ld be approved at Your APri'l
matters are to be resolved before
a>\\i:7
E=4
Ao
E::f
,c\\E/
o
E=r e.c\\qAo
'lst
the
this matter
al I of these
4-22-76,
Please cal'l me
cooperati on.
tl
t
suite2S(l . Sllil ronrmt'r'ce drilc'oirk bt't,r,k, illinois 60,-12l '312'llB;'1300
((
RESOLUTION
/It. 41,,'/'P'/')f+
I'JHEREAS:
l^lHEREAS:
Vail City Corporation did execute a Subdlvision
and Deed of Trust regarding Vai'l Village West,which are attached, and
Improvement Agreement
Filing #3, copies of
WHEREAS: !3jt,!!!r corporation has not deve'toped vail viilage west Fi1ing #3and does not contemplate doing so, and
vail city corporation has requested that a Release of Deed of Trustbg executed covering said parcel described in said subdivision
Improvement Agreement, now
THEREFORE gtiIT RES9LVED,that the.County Board of Commissioners of Eag'le County,colorado does hereby authorize its appropriate member to ex6cute aRelease of Deed of Trust covering saiil pircel, and
BE IT FURTHER RESOLVED that inffinVai'l the event Vail City Corporation determines toVillage West Filing #3 that an appropriate bondas required by the county conmissioneri be filea pribl.tb any road
of May, 1976.
cons tructi on .
Authorized this day
,
EAGLE COUNTY BOARO OF COUNTY COMMISSIONERS
SUBDIVISI0N IMPROVEMENTS AGREEfTEII
IN RE: Vail village west Filing No. 3, as shown on the subdivision Plat
thereof dated January 3'l , 1973, attached hereto as Exhibit "A"'
L0CATI0N 0F SUBDIVISI0N: I'lest Vail
This Agreement made and entered into this day of
-'
A. 0. 1973 by and between VAIL CITY CORPOMTIoN' a colorado corporation'
whose address is suite 250, Greenwood Plaza Terrace, Englewood, colorado 80110'
hereinafter referred to as "first party" and the Board of county commis.sioners
of the county of Eag1e, State of Colorado whose address is Eagle Countj
court House, Eag1e, Colorado 81631, hereinafter referred to as "seco4d party"'
hlITNESSETH:
WHEREAS,f.irstparty.isintheprocessofdevelopingVaiiVillageWest
Filing No. 3, near Vail, iolorado in the County of Eagle, Colorado' and;
WHEREAS,thesecondparty,pursuanttoitsduties'requiresinconnection
withsaiddeve.lopmentthatroadwaysandwatersystemsbedevelopedaccordingto
certain minimum regulations and requirements;
NOl,t THEREF0RE, for and. in consideration of the promises and agreenents'
herein contained, the parties hereto hereby agree as follows:
1. That the road system to be constructed by or jn behalf of first party
in connection with Vail Village West Filing No.3 shall be completed as of
Noyember 15, 1974 so as to meet the specifications on file with Eagle county.
?. That upon completion of the roadt^rays according to the specifications
and requiremenfs of Eagle County, second party shall release any security \
given by f.irst party to guarantee such performance and shal'l release first '
party from any further ob1 igations hereunder.
3.Thatfirstpartyherebyagreestosecurehisperformanceof..he
terms and conditions to be met by it in accordance with th'is Agreement
with the sum of $35,000'00; and payment of said sum shall be evidenced and
secured by a Deed of Trust to the Public Tfustee of Eagle County, coiorado
namingsecondpartyasbenef.iciaryandcoveringcertainrea.lestateinthe
:
t
I
I
1
aI
'l
a
vicinlty of Vall, Colorado, whlch property ts presently unencunbered and
owned by Vail City Corporatlon descrlbed as Lot 3 of Vall Vlllage l{est
Ftling llo. 3.
YAIL CITY CORPORATIOI{
(A Colorado CorPoratlon)
a
r
tt
i
I
I.i
By:
Pres'ldent
ACCEPTANCE
Approved by resolutlon of th6 Eagle county Board of county connlssloners
at the meetlng of
By:-
197
-----IFtrman
t
,(
LEGAL DESCRIPTION OF ONE-HALF ACRE COM}4ERCIAL PARCEL 522 FEET NORiHEAST OF DAS SCHC:.:
SHOPETTE TRACT ON CHMONIX LANE.
A PARCEL OF LAND LYING IN THE EAST HALF OF THE SOUTHEAST QUARTER'I 1, Tor,lNsHIP 5 SOUTit, MNGE Bl UEST 0F THE SIXTH PRINCIPAL MERIDIii,t, EiGLE
OF COLORADO OESCRIBEO AS:
OF SECT:;:i
c0uNTY, s;i;E
COi,IIENCIIIG AT THE NORTHEAST CORNER, OF THE SOIjTHI.IEST QU;.RTER OF THE SCUTH::.S[
QUARTER 0F SAID SECTi0N ll, THENCE AL0NG THE t,tEST LINE 0F SAiD Ep.ST HAI-F 0F, THE Sotj;;-:iSI
QUARTER OF SECTION II, S 'I"39'OO' I.I 354.I5 FEET TO THE SOUTHERLY LINE OF CIIAI4OIiIX L:..:
RIGHT-0F-WAY' l'iHICH IS ALSO THE S0UTHr,'JEST CORNER 0F VAIL HEIGHTS - FILING liO. 1: Th::.lE
AL0NG SAID S0UTHERLY LINE 0N THE F,0LL0','litiG SEVEN C0URSES: (l) N g3ol3'33' E192-e?;a?t
T0 A PoINT 0F CURVE; (2' 270.55 FEET AL0NG THE ARC 0F A 238.64 FoCT RA;IUS CURVE T0;-E
LEFT '/HOSE CEIiTRAL ANGLE IS 64O57'33U AND I^]HOSE LOI.IG CHORD BEARS ]i 52"14'46" E 256.A
FEET T0 A POINT 0F TANGENT; (3) N 20'l6'00" E 284 FEET T0 A P0INT 0F CIJRVE; (4) 139.49
FEET ALONG THi ARC OF A 227.38 FOOT RADIUS CURVE TO THE RIGHT IIHCiSE C5:iTML ANGLE iS
35OIO'29'' AND |.IHOSE LONG CHORD BEARS N 37"51 '15" E 137.41 F:ET T0 A p0iNT 0F
TANGENT; (5) N 55'26'29,', E 364.86 FEET T0 A P0INT 0F CURVE; (6) St.77 FEET ALoNG Tf;:
ARC 0F A 1,135.80 F00T RADIUS CURVE T0 THE LEFT llHoSE CENTRAL ANG:_a iS 4"7'29. A.:iD
t{HosE LoNG CHoRD BEARS N 53o22',44u E 81 .75 FEET T0 A potNT 0F TA|i3ENT; AND (7) ti 5l'i9'00'
E 273.50 FEET T0 A POINT 0F CURVE t,lI|ICH IS THE TRUE P0INT 0F BEGI:i\ING: TIiENCE
C0NTINUING AL0i,iG SOUTHERLY LINE 0F CHA,Y0NIX LANE RIGHT-0F-[{AY 0N T/0 COURSiS; (1)
I12.47 FEET ALONG THE ARC OF A 414.37 FOOT RADIUS CURV- TO THE RIGi{T I.,iiiOSE CENTP-AL
ANGLE IS 15033'08'AND I,IHOSE LONG CHORD BEARS N 59"05'34' E 'I 'I2.I3 FEE; TO A POi:iT
0F TAItGEilT; AliD (2) N 66.52'08" E ]00 FEET T0 THE S0UTHEAST C0RNET 0F SAIC VAIL
IIEIG}ITS - FILING NO. i ]'JHICI] POINT IS ALSO THE NORTHI^IEST CORNER OF LOT 38, RESUDJIV:5iCd
0F BUFFER CREEK; THENCE ALONG THE S0UTHIIESTERLY LINE 0r SAID RESU3DIVISl0ii 0F Bl.i;FE:.
CREEK S 37o07'52" E 83 FEET; THENCE LEAVIT{G SAID S0JTII'JIESTERLY LIi: S 52"52'08'',.i 2;5.26
FEET; THENCE N 3B"4I"OO" l,I 1I9.39 FEET TO THE TRUE POINT OF BEGINIiING, COIITAINiITG
2.I ,945 SQUARE FEET 0R 0.5038 ACRES MoRE 0R LESS.
........Recordor.
VITNDSSDTE: Tb€ crsnlor to sccure hir {Id{rNli6S$XrX'.6 becring evcn dato heiewitb, lor tbs DrttCDsl surn oi[,XdOFX36Yr(X1x'6 becring svcn dnto lrerewrltr, Ior
Subdivision Improvernents Agreement
Riccf'!io^ N
TII;S DDED OIr IRUST, Mede thio
thc grontor hct'cin whosc addresr ia
PUELIC TIIUSTEE of thc
dry ol
VAIL CITY CORPORATION
Suite 250, Greenwood Pl aza
Englewood, {JOll0
Coun'.y ot Ara pahoe
Countt ol Eagie
Terrace
rld Ststs ot Color.do, rttd
' h th. StAt ot Colot do,
Er:lT*1
r etter thc d.to th.r€of,
pcrccnt psr anlum, principal onil inerett DrFbh
i
-1
t
i
t
If
I
:.
I
I
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puyable to the order of Eag'le County Board of County Comnissioners
lhe bcrcficirry herein whoso oddrcls is Eagle County Court House
Eagle, Colorado 81631
with interest thcrson frcm tls dsto thereol st tbs rltg ol
r
do.es hereby grant and conyet ulto said Publlc T:ucte6 tbe following described Prct€ny, situsto in th3
couniy ot Eagle , slats o! Colorado, to wit:
LEGAL DESCRIPTION OF OIiE-HALF AUNE \,V.'I'IL^VT'! I 'lI\I'LL C Z IILI NORTHEAST OF 3AS SCIICiIE
SHOPETTE TRACT ON CHAMOIIIX LANE.
A ir\iisL 0F LAND LYING IN iHE qAql.ilALF 0F THe s0irlrrrnll allllrti*r,0,|,',:i:1?lrt
.l.l , To,rtNsliIi 5 So'\tTti, rr.uriic Jrr \'[sT 0t: Tilti slNTll llilNcIPAL l;l liltrlAN.
OF COLORADO DiSCRIDID AS:
c0,\ii,iEi\crnc AT rHE NoRTHE4sI.gollilR.0F TnE sourHr',fsi q!4lTlLPt#5r:tllif;:ltt
QUARTER OF SAID SECTIOfr Ii""iiJiiliI-NtONG THT-!{EST LINE OF SAID EAST H
Hytii!i,!;^ililir-iii-;,.i;'?isi;;5.ffi$ii,fiiiilitf i';llrfril":li!'!!"$Tliliitii;r
+b'i"3it? ;?Tiiir: tiit'lu,ii:'iiiti$"$i:l,i:utl:ii[:]1:r3fi:i4ii;"'l'iii'io'irl
. itfi n$:ti$$t u,l'#lill ;iliilil1*'$,qlt:i:iilqitliiliuiei:ilfi3'ii;io,;n,;-o*D-',,.sE rrir'[i;iB tlxn,r",r"^i,en+t;iiolri:1iti^ii:],'?qt,iiillqli-'
IArlsila i?i:l,l3"iiei'rllii,rllr;is,:lf*:i'+u;:,li$:li"illiidi fi1 iii fin8,",,'0,'
tJ'3;5.;3-F,:T013 R'f[?+ di iua'ir wirii^is,inE'inur'pbirit c: BqgI'itlNS6uRiillttrl ]
lu:i+;itt,;llrli.i*Tir*v.itl:,il,i':t$ii*itilti6llili;l+itl\iili'r,Ii;'l'rr;lll
:
r: m:** i iliu i i[$ir*i-t::i ffi li;$rll'CiltHi,[[*l'iillti'i+i:: :;
i*ll'i,il;F;13;.i,iiii?ilr,;tl'F'lloli)?fliR'i'B6lIi'lF-bl.!l[i'nrd,-i;iinii;I
re
!iiils'i.cu,ril'reel on-o'so3$
^cllr:s
MoRE 0R t'rss'
It r. tot!8orng |D.lnriGut te 'cL'ovl'd!'o<t
bctot! e tlit d" 't
N, C{'ahi.^ion.tltt.{r --. . . ' ll '' ' wi|.!.{ nrt h.nd.nn olticid ...L
:
.l
i
tl
ri
Kxorv Ar,r. Mux Tnase Pnirs:xrs : I'nat, Whcrees,
VAIL CITY CORPORATION
Countyof Arapahoe
iir'r'r'lit iotr
(
of ths
dated the day of ro
Truste€ in 6aid Counfi of [69'ls
described, ia trust to sesure tbe paymeat of the indebtedness mentioaed thersil
etio, rvrt"ntos, Said inclebtrdness has been paiil anil the purposae of gaid trust have beero fully
WIINESS mY hand antl soal tltis day of
Clerk and Recoidcr of the
the day oi
Seception No.
The Public Ttuste€ b said
Please oiecute this release, tho i:rdebl.eilness secured by the
having been fully paid.
NOW, THDREFORE, At tbo t€que8t of ths legal bolder of the iodebted.ness secu^-ed bv &1id
Deed of Tlust, and iu c,onsideratioa-oitlE p-e-i.$, -e it tu"th"" consideration oi '''be sum of fr^-e€
Dollars, to mo in band p"i4 th";;tpi ;f**f is Lereby ackrowledged, I, as the Pablic t'us"cs i!
said' Countr ofguola , {o leryU1 renisc, release -ard. quit'claim i:ato ihc
prcseat owncr or owners of Baid r&i "d6ta aDa uab the heirs, successors aDd assigns of said ormci or
owners forever, nU the rigbt, tiJf"
"oa
int--.-" wbich I have uncler ard by viriue of ssid D€'d of
T.r.ust in an,l to the said real estste b 6aid Deed of ltust particularly described, r,cfererce to which is
hereby made for gxeater cdtainty.
TO IIAYE AND TO HOLD tbe same, togothe.r with all and singula.- tbe pivileS-es a'nd appur-
tenatces thereunto *ronging zuwer.-eNO rUnrgaR, that the said Trust Doad is, by t'hese pnos'
""di" U" "i^fa*"a * ?rffiy r"a absolut€ly released, calcolleri and foreyer discba'-ged'
County of Eagl e
, 19 , la book 8t Pegs (Fili:a No'
) of tbe raconts, in said offica, conveyed to the Publis
A, g!. PtrUI. Tt!ti.. lD..ld
Courty of Eagl e
By
Ea!.'rb,,co.rnvv.gsil**tPJ,H;c:Uf ilfs"T.irui
By
STA1E OF COLORADO,
Couaty of
The foregoing irstrument vas aqloowl"'dged before mc this
as thc
Couuty of , Colorado.
MY commiesion cxaircs
Wit'ness my l'"nd and offici^rl se^rl'
in tho Stats of Colondo, by DEDD Of II3UST
, and duly lccorded ln tho Office of t&o Couafy
ia ths Strrte of Colo:zdo, on
cerlain real ustata in said Deed of lrust
.19
(sEAL)
Coiorado:
above mentroned Deed of trus',
,
I
E_r--- I
EAGI,EI COU}TY EINGINEER
Courthouse
P. O. Box 734
Eagle, Colorado
81631
Phone 328-6337
29 June 1976
MEMORANDUIVI
To:County Attorney
From: County Engineer
Re: Release of Surety for Vail Village lYest Flling #3
The correspondence'relating to subject matter which you gave to me on
June 16, L976 is returned herewith.
As I am sure you know the purpose for requiring surety for public
imppovenrents at the time of sub-division approval is to j.nsure thatthe sub-divided parcels. of land have the necessary improvementsinstalled by the developer. In reading the above referenced
correspondence and talking to Dave Elmore j-t appears very doubtful
that the irnprovements will be installed in the near future. Thus,I feel that the County continuing to hold the surety is moreimportant than normal in this case. I would suggest that if VailCity Corp. needs this surety released then they should eitherl
a. Vacate the plat 1n its entirety, or
b; Provide new, substitute su::ety, based on an updated cost
estinrate for the County approved facilities,i.e. plalls
approved by the County. llthich cost estirnate, would be subject
to the approval of the appropriate County Offices.
I rvould strongly advise against the County releasing the surctyIry other conditions
Bi tl
cc: l\{ilie BIair
Steve Isom
-/'t'-
-tr -"/:3
under
W\rSz'hv
TIIIS DDDD OF TRUST, I{ado this
tho glontor' )rclcin lvhosc addrcss is
ths PUBLIC TIIUSTED o{ tho
\'/ITNDSSDTE : Tho Grantor Lo
I
, botvroen
Terrace
and Stoto of Colorndo, arrd
, in tho State of Colorado,
(lBy o(
payal.rlctothcorctcrof Eagle County Board of County Commissioners
fhe beneliciary herein rvhoso aitrlress is Eagl e County Court House
Eag'le, Col orado 8'163.l
with intercst thcrson from tho date thereof at ths rato of
r aftcr tho dats thcreof,
psrcent por annum, principnl tnd intoroat poyrblc
(',
does hereby grant and conv€y unto said Publiq Trustee tho follorving describeil
Couniy of Eagle , State of Colorado, to \rit3
situots in the
tl
LEGAL DESCRIPTI0N OF 0NE-HALF AuKt vv'x.i,-^vr.^L r^,\vLL cz.z rLLl N0RTHEAST 0F DAS SCll0l'lli
SHOPETTE TRACT ON CHA}IONIX LANE.
socuro hig {Iov'rX&\6\$XrXi6 beoring even drto herewith, for tho prlncipal sun of
Subdivision improvements Agreement &rftx{
Lr\ND LYING IN THE EAST HALF 0F Tl{E S0tlllllA:;T QTJARTER 0F SICTION
iitNrlt: l.tl t\'l:sT 0t: rrrr, iiXl'ii-i'IiINCIPAL ltt tiiirt'nn. lA(il.E CorliifY, !;TATE
AS;
A |'A\L:L UiIi, T0|JNSHI? 5 S0LlTli,
OF COLORADO DESCRII}ED
!||e lercrorns inrlruuren! wtrr r,cl(nowl{dgod t,rforo rno thir
y Canrm i: rion cxDir$l
Wilre.. nry l,nod slrd oltilid scol.
,lc
(- ....ltcco'rlrrr.
day of
VAIL CITY CORPORATION
Su ite 250, Greenvrood P1aza
Eng l elood , {.i0.l I0
County of Arapa hOe
County of Eag le
COiq}tENCIIIG AT THE NORTHEAST CORNER OF TIIE SOUTIII'JEST QUAR,TER 9F.IHg SOUTHEAST
QUARTER 0F sAID sEcrIoN il, THENcE ALouG THE l,,tEsr LINE 0F aAID ensr HRlr 0F THE sOuTllEAST
QUARTER 0F SECTIoIi ll, S '1o39'00" W_:S4.f S FSEi fO TllE S0UTHERIY LiNE 0F CHAVIOI'IIX LAIiE
RicllT-0F-I.lAy, tJHrcH (ii [LiO-ini souTHf{EiT-coRNsn or VAIL IIEIGHTS - FILING N0. 1; THENCT
ALo;\IG sArD sourHERLy LrNE 0N THE FolLot,ritte sEvrn cOuRsrs: (r ) N-q!:11:l9i:^E^]s2'Bz FEET
T0 A pgltT 0F CURVE; (?) ztl.55 FEET nlOi,ie iHE-nRc 0F A Z:9.6+ F00T RADIUS CURVE T0 THE
, LEFT I'IH6SE C[NTRnu-AnClE iS Oq'SZ'::"'Iilij-WHOST LOxe CHoRD BEARS tt 5?"44'46" E 256'2e
\ rftr r0 A pOiNT or tnr,rcEfi; i:) * r0'16';00i; i-iea rrEr r0 A PoINT 0F cURVE'; (4) 139'59
FSET ALoNG THE ARC oF A zzt.3g F00T nnorui cunvi ro iHr RIcitt l'lH0sE CENTIIAL ANGLE is
350.10,29" AiiD Hi]0sE LONG Cl-i0RD BEARS
- t'l 37"51'.l5" E .l37'4.l FEET T0 A PoINT 0F
TANGENT; (s) N 55"t6125;' r.364.86 FEET T0 A p3rNT 0F 6URVE; (6) 8l .77 FEET ALgNG THE
ARC 0F A 1,135.80 Fooi-nnorui cuRvE ro ine..llri urose c[llTRAL /TNGLE IS 4"7'29" Ai'lD
t.lH'S[ LoNG CHoRD BEARS N 53"22'44" E ef .75 FEef T0 A P0illT 0F TAI'lGEi'lT; Al'lD (7) N 5.|"19'0C"
E 273.50 FttT ro n-pciini oF clnvg hll-ili'il'ri tirs TRUE PoINT 0F BEGIf']NING: THENCE
coNTTNUTNG ALoNG souTHERLy LrNE or orniiotix'lnuE nierr-or-wav-on-iwo counsrs;.,(t,),
112.47 F[[T ALofiG ilr[ ARc 0F n 4tq.ir 'ljoiii'nnoi[s cunvi' T0 Tut RIGI.iT l]ilOsi: cEllTllAl'
AtiGLE ts'1s"33,0r],,At{D tJnosI L0u0 crrrrnb-[inii.{-t,t 59"0rJ'34'' l. .l.|2.13 l:l-ll'l'T() A l'01i11'
0F TANGEilT; AtiD (2) N 66'52,0g,,E-roo Fu'ii io i'tli. soutllu,ns'l c0i(Ntl{ 0l: sAID \/AIL
HETG'TTS - FILIl,lc Nb. I t.'tlliCll P0IllT IS n[sO frrr liOnrnUrsf dORNER 0F LOT 33' RESUiJI]iVISI0:i
0F BUFFER CREEK; THENCE ALONG THE SOU:ii,,.trirrnl-y t-iNE 0F sAID RESUBT)IVISION 0F llui:F[ll
.REEK s 37o07,52,, E 83 FEi:T; THEi\lcE Lrnvirtu-ilio iouriiu'rdTinLi-Lrni' s 52"52'03" i'l 205'?5
FiET; THENCT irr rs"Itioci,-!t j19.39 FIE;"ro'irlr inur polnr 0F EEGINNING, C0NTAINING
;' ,1r-15 s(u,riRE FtIT 0ri 0.50:]ll AcRI:s Pioli[ 0R l'i:ss '
.lt,
Nobry I'ul'lic,
lit'ct'l'l tr,tr
I(xorv ,lir-r, Mnni Bx. jf;:usa Pltrls:;x'rs: 'I'h:it, wrcrurs,
VAIL CiTY COiiPOIiATICN
Eag'le in ths Siate of Coloi-"do, on
,19 'lobook
af pags (Hr No.
Rpceptiou No.) ofthe records, in said officq couveyec to '.ho ?ublis
Trustec in said Counfuof gsg'ls ceitaiircJ ostaiein 6aid Deed of Trust
describod, in trust to secure the paymcat of the indebtcdness mentiolted t'herein"
ario, wrrnnpAs, Said iadebtedness has b€en paid and the purposes of said ku* have bea fuilv
satisfied;
of tho C,ounty of
dated thc daYof
Clcrk and Recoider of the
the daY of
' WITNESS mY hand and sesl this
The Public Ttitstee nx said
Please oiecute this release,
har-i:ig been fullY Paid.
STATE OF COI.,ORADO'
CountY ol
The foregoing instrument
19 ,by
CountY of
Arapahoe in the
,19 ' and
County of
day of
S'r,a'r of ColoiruJo, by Dnf,D OF 13UST
duiy rccorded i;i tho Offiee of -.ho CountT
,19
(s3AL)
C@!tt cl
NOW, THEF,EFOP.D, At the request of tho legal hoklel of the indebtedness €€cu^lal bZ said
Deed of Tlust, aad io -,"rlao"tioo ofthu premisea, a"e in furiher coasideration of i;o suno oi frree
Douars, to mo in h*d trti4 th. iu".ipt wbereot is irereby acl<nowiedged, I, 8-s the ?'rblc Ani;tae ia
s;,i,J' County o&aq'l e - , do heroby rcmise' release and quiildsina ua"o ihe
prcsoDt o\,vner or ow'ers of said re;i'dftta a.na unto the heirs, successors and assigas of sa:d oo'e. or
orfrers forcver, "u
ti,. ;si;;}* *t;t"*"t" whicb I havs under and by viriue of ssid Daed oi
Trust in and to the r"id ;;i;;;t" i" *ia Deeil of lilcust particularly described, r€feience io wllich i'a
herel.,y made for greater ceci'tainty.
TO IIAVE AliD TO HOLD the saare, together with all aacl singular the piivjeges "'nd appur-
tenances thereunto hfoas;g for**. gNO finfttnn, that the said I:-ust Deed is' by -'bese pros'
"rrr.,
to be considered *;"& and absolutely 'eleasal,
cancelleri and forever discharS"d'
Ar ih. hbllc TYrrtar i.! .sld
By
CourtY
the indeb+.edness
of Eagl e
secured by the
Colorado:
above mentronqi Deei of Tiu.6"'
By
Ea h.'lEr, County'.goard.cf .-iounLy-'Co'.j'ss':,oxe:s""'---v-'-- - hi" f"r.t lo:arr of tUe La.Uteai.6. ..tqrld bt rdd D..d ol fto.L
i-"
day c,fwas aclocorvledged before n:e this
as the
, Colorado.
My conrmjssion c:'-Prirc's
Wit:rcss rr,y hend and officn'l seal'
Publ lc t^-.1 steo il saiii
I lictrty i'ul"--
,t
t -t:rra: : ::::;-' -=z' -#:=::::::----::
l'i.r. ll0,i u:;r,;:,1'o:r gy' lri;iuD olf 'r'iiuiT uT Tri'; r"';r'tc ]::Ljl'T;:I!''ll|rrif, rrl fr,Ili'ri,lrrr ('rr.r ll'rt'{li !il|lrlt fitt'rl' ll(,li'r(ir Colt:udll -'t':0
(
LEGAL DESCRIPTION OF ONE.HALF ACRE COMMERCIAL PARCEL 522 FEET NORTHEAST OF DAS SCHO;iE
SHOPETTE TRACT OII CHAI4OI{IX LANE.
A PARCEL OF LAND LYING IN THE EAST HALF OF THE SOUTHEAST QUARTER OF SECTION
I'I, TOI.JNSIIIP 5 SOUTH, RANGE 8'I I,/EST OF THE SIXTH PRINCIPAL MERIDIAIT, EAGLE COUIIIY, STA;:
OF COLORADO DESCRIBED AS:
COI4MENCING AT THE NORTHEAST CORNER OF THE SOUTHWEST QUARTER OF THE SOUTHEAST
QUARTER 0F SAID SECTI0N il, THENCE AL0NG THE I{EST LINE 0F SAID EAST HALF 0E, TlE S0U;iE;);
QUARTER 0F SECTIoN il, 5 '1o39,00,' l,i 354.15 FEET T0 Tl.tE S0UTHERLY LIl.lE 0F CHA'{O!i;X L;.:lE
iIeHt-or-wny, wHIcH Is ALSo THE sourHuEsT CoRNER 0F VAIL nEIGHTS - FILING N0. l; THt;icE
AL0itG SAID SOUrHrnly Lil'lE 0N THE F0LLOI,jING SEVEN C0URSES: (1) N 85o]3'33" E 192'e?. F=E'
T0 A PQINT 0F CURVE; (2) 270.55 FEET ALONG Tflt ARC 0F A 238.64 F00T RADIUS CURVa T0;HE
LEFT l,lHosE cENTRAL AlrelE rs 64o57,33" AND t+HOsE LoNG cHoRD BEARS N 52o44'46" E?56.29
FEET T0 A P0IilT 0F TANGENT; (3) N 20'.16'00" E 284 FEET T0 A'POINT 0F CURVE; (4) 139.59
FEET ALOI{G THE ARC OF A 22i.:E TOOT RADIUS CURVE TO THE RIGHT I,IHOSE CENTRAL A}IGLE iS
35"10'29'' AND I.IHOSE LOI{G CHORD BEARS N 37"5I'I5'' E I37.4I FEET TO A POINT OF
TAIIGTNT; (5) N 55'26'29" E 364.86 FEET TO A P0INT 0F CURVE; (6) 8.I.77 FEET.ALO;iG TtiE
ARc 0F A i,ias.so F00T RADIUS cURVE T0 THE LEFT t^tHosE cENTRAL ANGLE Is 4"7'29u ll,lD
htHOSE L0Nc CH0RD BEARS N 53'22'44" E 8.l.75 FEET T0 A P0INT 0F TAI'IGEI{T; AllD (7) li 51"19';J"
E 273.50 FEET TO A POINT OF CURVE WIIICH IS THE TRUE POINT OF BEGIT{NING: THENCE
COI{TINUiI{G ALONG SOUTHERLY LINE OF CHAI4ONIX LANE RIGHT-OF-I^IAY ON TI,JO COURSES; (I)
112.47 FEET ALoNG THE ARC 0F A 414.37 F00T RADIUS CURVE T0r THE RIGi-iT tiHoSE CE}IT.?AL
ANGLE IS I5O33'O8" AND I,JIIOSE LONG CHORD BEARS N 59O05'34'' E II2.I3 FEET TO A POi;iT
0F TAliGEliT; AND (2) N 66"52'08" E l00 FEET T0 THE S0UTHEAST CORI{ER 0F SAID VAIL
HEIGHTS - FILING-NO.,I I,IHICH POINT IS ALSO TI|E NORTHWEST CORNER OF LOT 33, RESU3]IV:SIC]'
OF BUFFER CREEK; THENCE ALONG THE SOUTHI,IESTERLY LINE OF SAID RESUBDIVISION OF BiJFFER'
CREEK S 37"07'52" E 83 FEET; THENCE LEAVIIIG SAID S0UTHI^IESTERLY LINE S 52o52'OB'\'l 20a.2')
FEET; THENCE N 38"41'00" }.l'l'19.39 FEET T0 THE TRUE P0INT 0F BEGINNING, C0NTAINIIiG
2-t,945 SQUARE FEET 0R 0.5038 ACRES ilioRE 0R LESS.
cr
)
vicinity of Vail,
owned by Vail C'itY
Fi'ling No. 3.
'.t
Colorado, whlch property is presently unencumbered and
Corporation described as Lot 3 of Vall Village Hest
VAIL CITY CORPORATION
(A Colorqdo Corporation)
By:
Presiilent
ACCEPTANCE
Gommi ssi oners
at
Approved bY
the meeting of
resolution of the Eagle County Board of County
197
*
,
EAGLE COUNTY BCARD OF COUNTY
SUBDIVI S I0N Il'IPROVEMEt'lTS
COMI'I I5S IONERS
AGREEMENT
IN RE: Vai'l Village West Filing No. 3, as shown on the Subdivision Plat
thereof dated January 31, .|973, attached hereto as Exhibit "A".
L0CATION 0F SUBDIVISI0N: l^lest Vail
This Agreement made and entered into this _day of
A. D. '1973 by and between VAIL CITY CORPORATI0N, a Co]onado Corporation,
whose address is Suite 250, Greenwood P'laza Terrace, Englewood, Co'lorado 801'|0'
hereinafter referred to as "first party" and the Board of County Commiss'ioners "
of tlre County of Eagle, State of Colorado whose address is Eag'l e County-
Court House, Eagle, Colorado Bl 631 , hereinafter referred to as "secon$ PartY"'
l.IITNESSETH:
WHEREAS, first party is in the process of developing Vai'l Village lfest
Fifing No. 3, near Vail, Co'lorado in the County of Eag'le, Colorado' and;
WHEREAS, the second party, pursuant to its duties, requires in connection
.with said deve)opment that roadways and lvater systems be developed according to
certain minimurn regulations and requirements;
NOl'l THEREF0RE, for and in consideration of the promises and agreements
herein contained, the parties hereto hereby agree as fo'l lows:
1. That the road system to be constructed by or in behalf of first party
in connection yrith Vai'l Vi'l lage l^|est Filing l,lo. 3 sha'l 1 be completed as of
Noyember'l 5,'l 974 so as to meet the specifications on file vrith Eagle Couniy.
2. That upon cornpletion of the roadways according to the specifications
and requirements of Eagle County, second party shal'l release any security
given by first party to guarantee such performance and shall re'l ease first "
party from any further obligations hereunder.
3, That fjrst party hereby agrees to secure his perfornnnce of the
tenns and conditions to be met by it in accordance vtith this Agreement
rvith the sum of $35,000.00., and payment of sa'id sunt shall be evidenced and
secured by a Deed of Trust to the Publjc Trustee of Eagle County, Colorado
naming second party as beneficiary and covering certain real estate in the
RESOLUTION
,/
Vail City Corponation has requested that a Re'lease of Deed of Trust
bg executed covering said parcel described in said Subdivisicn
Improvement Agreement, now
Authorized this day of May, 1976.
+,) t't^t
tlnl"'
vai'l_city corporation did execute a subdivision Improvenient A.greement
and Deed of Trust regarding Vail Vil'lage West, Filing #3, copies of
which are attached, and
WHEREAS: vail.city corporation has not deve'loped vail village l,test Filing #3
and does not contemplate doing so, and
l.lHEREAS:
l,JHEREAS:
THEREF0RE BE IT RESOLVED that the County Board of Commissioners of Eagle County,ffierebyauthorizLitsappropriatemenbertoexdcutea-
Re'l ease of Deed of Trust covering said parcel , and
BE IT FURTHER RES0LVED that in the event Vail City Corporat'ion determines ioffinVai]Vil1age}JestFittng*rthatanappropriatebond
as required by the County Commissioners be fi1ed prior to any road
constructi on.
["e(r \IEI,.r ;l il.l.a;\'i'l n.4ht-'i o:l ii nlitrr:r||.|;(i|,;i| .::l'l l |l\-./ \ g' li.r- \-./ i l- \-!r'ra \-r-r)T lien$r'ul\lili]:1o^ --t.,\/^!:i. l.*--
L:-e;
Mr. Bob Stemwede'l
Couniy Attorney
P.0. Box 717
Eag1e, Colorado 8'163.I
I
March 26, .1976
Re: Vail Village West Filing #{
C.,
c-)E)E--\. :t
j
E=,9F.
&'-
Dear Bob:
Approxlmately three years ago Vail VillaEe l'lest Fiiing #3 vtas
approveil by the Eigle County Conirnissioners and at that tin:e a Deed of
Ti"irst (copy enc'losed) covering 2.l,945 square feet of property ]ying
north df interstate 70 and adiacent to Buffer Creek vlas executed in
favor of the county to secure the building of roads in.filing #3. i-
The roads have not been buiit and'it would appear that Va'i'l
Village West Filing #3 rvill be annexed into the Tot'rn of Vai'l a'long
with what is commonly known as the it'iatterhorn Property. Due to current
1it'igation, which I discussed with the Planning Conmission on March iTth'
the 6wnership land ovrnad by Vaj'l City Corporation has been divided' and
I must therefore obta'in a cancellation of this Deed of Trust fron the
county in order to de'ljver to the netl ot\'ners the 21,945 square feet 'in
question. Several members of the County Commissioners were in a'.tendance
dt tne meeiing on March'l7th and heard my discussion on this mat"er.
In the unlikely event that
the county then Vail. Ci'r,y Corp.
bond the county may'requ'i re.
I would appreciate ii if this matier'lst or April Sth meeting for a'l'l of these
the next court heari,ng set an 4-22-76,
'/l
P'lease call me if you have any quesiions,
cooperati on.
the iand is noi annexed and remains in
will post at that time r'rhatqver appropriate
would be approved at Your F.Pril
matters are to be resolved before
and thank you for Your
Si ncere'ly,
David G, E'lmore
suite 250 . glcenrvood Plaza terlacc ' englervo,rcl, c()1,,r'i'.ir) 30i l(-) ' ilr)il'i?i)' i irlljt
suire2.50.{i2ilconrnrercc<lrilc.oakbt'ook,illirrnisf)0.:r2l'.ii!'88i'130i')
recifr:d;tcltuoii ailevelc nen$mCI
ri\q(:J
r.--.:1
E1oE=ec\\oAor"t
Apri'l 29, 1975
.rl
Mr. Bob Stemwedel
Couniy AttorneY
P.0. Box 717
EagJe, Colorado 8163.|
Re: Vai'l Vi'tiage West Filing #3
Dear Bob:
Enclosed is a proposed resolution for your consideration and a
n"ieiie of Deeh oi Trust to be execuied. Inasmuch as Hugh
i^ii"J.r-aia not forlard to us the recording data we were_unable to
iJrnistr a'l'l the information requlred in the Release of Deed of
Trust.
Enc'losed a'lso i s
March 26, 1976.
Very tru'ly yours,
David G. Elmore
a copy of our letter addressed to you and dated
v
1000.1 East Evans, #69C, Denver,/Co'lorado S023'l (303)-750--1600
iuxxnxxxxtxxxiixxxtrituutxyJoex)0xxd1x..\xi(x)&\l(xxxxltl0xxl{)&x}io{xx}i/xx0{rx
suitc250 . 823 commerlce drivc . oakbrook, illi'ois 60521 ' 312'887'1300
?-
The Board(-, County Commissioners-Eaglc(. uunty' Colorado
EAGLE, COLORADO 81631
Phono 328-6377
May.. 25' L976
Mr. David G.. E1more
Suite 250
Greenwood Plaza Terrace
Englewood, Colorado 80110
Re: Vail Village West FiJ-ing #3'
Dear Dave:
We will need a resolution and any other docu-
mentation which you want afproved prepared and
sent to us for review prior to submission of
same to the County Cornmissioners.
VerY truLy Yours,
Robert
RJS:pJ.b
DANIEL F. XOP'IINIKAR
Dslrict No. I
A.F, "AI'' ORLOSKY
Disl.icl No. 2
DALE F, GRANT
Dist.ict No. 3
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P. f t(Ll n^ru,tldr* Sulnuo # .,
Robert J. StemwedeL, Jr. t
trltiiLlitllSlN. Courly Atro(ney Meoting ol Board - Flrit Mood.y ol Month MAXW€LL R. SARZ '. Counlv Clotk
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