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HomeMy WebLinkAbout1972-13 Authorizing the TOV to Lease Certain Private Property within the TOV to be used as Municipal Parking Facility a i • • • ORDI NANCE NO. 13 Series of 1972 AN ORDINANCE AUTHORIZING THE TOWN OF VAIL TO LEASE CERTAIN PRIVATE PROPERTY WITHIN THE TOWN OF VAIL TO BE USED AS A MUNICIPAL PARKING FACILITY; DETERMINING THAT SAID REAL PROPERTY SHOULD BE EXEMPT FROM ALL AD VALOREM REAL PROPERTY TAXES; AND SETTING FORTH MATTERS AND DETAILS IN RELATION THERETO. WHEREAS, the Town Council for 'the Town of Vail has determined that there is a serious need for municipal parking Facilities within the Town of Vail to serve the residents of same as well as visitors to the community; and WHEREAS, Kaiser E, Morcus is the owner of certain real estate within the Town of Vaii and has offered to lease same For the purposes of providing parking Facilities; and WHEREAS, the Town of Vail and Kaiser E, Morcus have entered into a certain lease agreement, leasing the subject property 'to the Town of Vail for municipal parking purposes; NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL FOR THE TOWN OF VAIL, COLORADO: Section 1 . That certain lease agreement dated the twenty-first day of September, 1972, between Kaiser E, Morcus, lessor, and the Town of Vail, lessee, leasing a part of lots G and H, amended map of Sheet 1 of 2, Vail Village Second Filing, Town of Vail, County of Eagle, State of Colorado, is hereby approved and ratified by this ordinance in accordance with the provisions of Colorado Revised Statutes (1963) 139-61-1 , As amended, Section 2. There is Further authorized the expenditure of $10.00 as the full and complete rental payment for the term commencing November 1, 1972, and terminating April 30, 1973. Section 3. The subject property described in said lease agreement shall be exempt from ail ad valorem real property taxes and a copy of this ordinance shall be duly cer~tiFied to the office oF'the Eagle County Assessor , INTRODUCED, READ, AND ORDERED PUBLISHED this 3rd day of October, 1972 , Mayor ATTEST: ~J~jT ~~(/y~//'/7 1 4"4^.„ J f~~/f//// J ~i? . / f ~ X Town Clerk ' ~ • • • • f INTRODUCED, PASSED ON SECOND READING, ADOPTED AND ORDERED PUBLISHED this seventeenth day oP October, 1972. ~ Mayor ATTEST: Town Clerk r f Page 2