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HomeMy WebLinkAbout2018-08 Authorizing the Purchase and Accepting Deed for Lot 1, Bighorn Subdivision Second AdditionRESOLUTION NO. 8 SERIES 2018 A RESOLUTION OF THE VAIL TOWN COUNCIL AUTHORIZING THE PURCHASE AND ACCEPTING A DEED FOR LOT 1, BIGHORN SUBDIVISION SECOND ADDITION WHEREAS, the Town wishes to acquire certain property located at the corner of Bighorn Road and Bridge Road in East Vail and legally described as Lot 1, Bighorn Subdivision Second Addition, Town of Vail, County of Eagle, State of Colorado (the "Property"); WHEREAS, the Town Council has determined that there is a compelling public need and purpose to acquire the Property; and WHEREAS, the Town Council has negotiated a purchase price of $150,000 for the Property. NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL: Section 1. The Town hereby authorizes the purchase of the Property for $150,000 and accepts a deed for the Property in substantially the form attached hereto as Exhibit A and in a form approved by the Town Attorney. Section 2. This resolution shall be effective immediately. INTRODUCED, READ, APPROVED AND ADOPTED THIS 6th F-br a i 2018. e Chapin, ayor Clerk Resolution No. 1 Filed for Record at Request of and Copy returned to: Kendra L. Carberry Hoffmann, Parker, Wilson & Carberry, P.C. 511 16th Street, Suite 610 Denver, Colorado 80202 SPECIAL WARRANTY DEED For good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the undersigned, CHLOE HELD MORAN, TRUSTEE OF THE CHLOE HELD MORAN REVOCABLE TRUST U/A DATED SEPTEMBER 29, 2003 ("Grantor"), whose address is 358 Ferndale Rd. S., Wayzata, MN 55391, hereby grants, sells, and conveys to the TOWN OF VAIL, a Colorado home rule municipality ("Grantee") whose address is 75 South Frontage Road, Vail, Colorado 81657, that certain real property described on Exhibit A attached hereto and incorporated herein by this reference, together with all improvements located thereon (the "Premises"). AND GRANTOR for itself, its successors and assigns, does hereby covenant and agree that it shall and will WARRANT AND FOREVER DEFEND the above -bargained Premises in the quiet and peaceable possession of Grantee, its successors and assigns, against all and every person or persons claiming the whole or any part thereof, by, through or under Grantor, SUBJECT ONLY TO those matters of public record and as set forth on Exhibit B attached hereto and incorporated herein by this reference (the "Permitted Exceptions"). 1/24/2018 US.1 16130373.02 IN WITNESS WHEREOF, the undersigned has executed this Special Warranty Deed as of this day of , 2018. STATE OF COLORADO COUNTY OF By: ) ss. GRANTOR: CHLOE HELD MORAN, TRUSTEE OF THE CHLOE HELD MORAN REVOCABLE TRUST U/A DATED SEPTEMBER 29, 2003 CHLOE FIELD MORAN, TRUSTEE The foregoing instrument was acknowledged before me this day of 2018, by Chloe Held Moran, as Trustee of Chloe Held Moran Revocable Trust U/A Dated September 29, 2003, Grantor. Notary Public My commission expires: 1/24/2018 C: I USERS( TNAGEL. VAILGOV..0301APPDATA (LOCAL I MICROSOFT( WINDOWSIINETCACHEI CONTENT.O UTLOOK I QD7SN1701SPECIAL WARRANTY DEED -A013118. DOCX Exhibit A To Special Warranty Deed (Legal Description) LOT 1, BIGHORN SUBDIVISION, SECOND ADDITION ACCORDING TO THE PLAT RECORDED JULY 22, 1963 UNDER RECEPTION NO. 97704, COUNTY OF EAGLE, STATE OF COLORADO. LESS AND EXCEPT THAT PORTION OF LOT 1 DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE NORTH LINE OF SECTION 11, TOWNSHIP 5 SOUTH, RANGE 80 WEST, FROM WHICH THE NE CORNER OF SECTION 11 BEARS N. 90°43'29" E. A DISTANCE OF 1,040.6 FEET; THENCE S. 46°29'37" E. A DISTANCE OF 211.4 FEET; THENCE N. 55°56'52" W. A DISTANCE OF 259.4 FEE TO THE NORTH LINE OF SECTION 11; THENCE ALONG THE NORTH LINE OF SECTION 11 M. 89°43'29" E. A DISTANCE OF 61.6 FEET, MORE OR LESS, TO THE POINT OF BEGINNING, COUNTY OF EAGLE, STATE OF COLORADO. 1/24/2018 C: I USERSI TNAGEL. VAILGOV.0301APPDATAI LOCAL I MICROSOFII WINDOWSIINETCACHEI CONTENT.O UTLOOKI QD7SN1701SPECIAL WARRANTY DEED -A013118. DOCX Exhibit B To Special Warranty Deed (Permitted Exceptions) 1. Any facts, rights, interests, or claims thereof, not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 2. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 3. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 4. Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished, imposed by law and not shown by the Public Records. 5. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 6. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water. 7. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES AS RESERVED IN UNITED STATES PATENT RECORDED APRIL 28, 1900, IN BOOK 48 AT PAGE 477. 8. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED APRIL 28, 1900, IN BOOK 48 AT PAGE 477. 9. RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE, BUT OMITTING ANY COVENANT OR RESTRICTION BASED ON RACE, COLOR, RELIGION, SEX, HANDICAP, FAMILIAL STATUS OR NATIONAL ORIGIN UNLESS AND ONLY TO THE EXTENT THAT SAID COVENANT(A) IS EXEMPT UNDER CHAPTER 42, SECTION 3607 OF THE UNITED STATES CODE OR (B) RELATES TO HANDICAP BUT DOES NOT DISCRIMINATE AGAINST HANDICAP PERSONS, AS CONTAINED IN INSTRUMENT RECORDED DECEMBER 20, 1962, IN BOOK 174 AT PAGE 403 AND AS AMENDED IN INSTRUMENT RECORDED SEPTEMBER 19, 1963, IN BOOK 175 AT PAGE 257. 10. A TEN PERCENT NON -PARTICIPATING ROYALTY IN AND TO THE PROCEEDS DERIVED FROM THE SALE OF MINERALS, ETC., PRODUCED AND MINED FROM SAID PREMISES, ALL AS SET FORTH AND RESERVED IN INSTRUMENT RECORDED NOVEMBER 2, 1962 IN BOOK 166 AT PAGE 407. 11. EASEMENTS, COVENANTS, CONDITIONS, RESTRICTIONS, RESERVATIONS AND NOTES ON THE PLAT OF BIGHORN SUBDIVISION, SECOND ADDITION RECORDED JULY 22, 1963 UNDER RECEPTION NO. 97704. 12. TERMS, CONDITIONS AND PROVISIONS OF CLAIM OF EASEMENT RECORDED OCTOBER 21, 1994 AT RECEPTION NO. 549231. 1/24/2018 C: I USERSI TNAGEL. VAILGOV. 0301APPDATA I LOCAL I MICROSOFT WINDOWSIINETCACHEI CONTENT.O UTLOOKI QD7SNI701SPECIAL WARRANTY DEED -A013118. DOCX