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HomeMy WebLinkAbout2000-18 Authorizing the Conveyance of Fee Title to Unit #6, Vail Heights Condos, Phase III Also Known As Chamonix Lane Unite #6 Vail, Colorado 81657• • • ORDINANCE NO. 18 SEIUES or zoo0 AN ORDINANCE AUTHORIZING THE CONVEYANCE OF FEE TITLE TO UNIT #6, VAIL HEIGI-1TS CONDOS, PHASE III ALSO KNOWN AS 2059 CHAMONIX LANE UNIT #G, VAIL CO1..ORADU 8.I6S7. WIiIJItI?AS, the Town of Vail, pursuant to its buy-down program, purchased the unit located at 2059 (`halaioni~ Lane Unit #~, Vail, Colorado on .Tune ?, 2000; and W] 1I;ItlAS, the reason for ptarchasing the unit was to place deed restrictions upon the property anci to resell it to a qualified purchaser. N{)W, `[III~RLI~ORh, I3L 1`1' ORDAINI/D, BY THE TOWN COUNCIL OF THE TOWN C}l,. VAIL, COLORADO that: l . 'l~lze `l,own Council hereby approves the sale of the unit, with appropriate deed restrictions to ensure affordable hozlsing for an employee in the Town. 2. '1'fus uz11t W111 be SOId as intended on August 2, 2000 to a qualified purchaser wlzo currently owns zio other real estate in Eagle County, shall occupy the property as his pril~eiple residence, has worked, for a period of at least one year, and is presently working in Eagle Cozznty, Colorado, a nai~aiRnum of thirty (30} hours per week and Will continue to so work a minimum of thirty (30) lzozzrs per week. Ai fete time of coz~lveyance fiom the Town of Vail to the qualified. pueckzaser, tlzc 13roperty Will become subject to a deed restriction placing a cap upon appreciation and. limiting flzttuc sales to other qualified purchasers. ', 3. if any part, section, subsection, sentence, clause or pluase of this ordinance is for any reason held to be invalid, such decision shall not affect the validity of the ren~zaining portions of this ordin~u~c;e:; and the '.Town Council hereby declares it would leave passed this ordinance, and each party section, subsection, sentence, clause or phrase thereof, regzu-dless of the fact that any one or more; ~.~eu•tti, sections, slEbsections, sentencc;s, clauses or phzases be declared invalid. 4. `I'lze Town Council hereby finds, determines, and declares that this ordinance i~ necessary and proper [or the health, safety, and welfare of the Town of Vail and the inhabitants iherei~l~. 5. The repeaE or the repeal and reenactment of any provision of the Municipal Code o1~ the 'I'owri of Vail as provided in this ordinance shall not affect any right which has acczrled, any duty imposed, 41r1y violation that occurred prior to the effective date hereof, atzy prosecution commenced.; . • • • nc~r airy ~~ll~cr ~ictio7~ ur praceeclil~gs as co~nmeneed under or by virtue of the provisioza repealed or ~•epcalcd i~nd rcc~~acted. Tho repeal oI' any provision hereby shall not revive any provision ar any urciinancc. previously repealed or superseded unless expressly stated hexein. G. All bylaws, orders, resolutions, and ordinances, or parts thereof, incoi7sistent herewith ~irc rel~ealcd to cl~c Extend only of such inconsistency. `This repealer shall not be construed to revise any bylaw, order, eesolution, or ordinance, or part thereof; theretofore repealed. INTl~OD1JCLD, IZL;AI), AI'1'ROV13D, AND ORDERED P'CIBLISHED ONCE IN FULL C)N l~ IRS"1' IZl:AD1NG this 18th day of July, 2000, and a public hearing shall be held on this Ortiinan.ec on the 1st day of August, 2000 at 7:00 p.m. i~~ the CounciX Chambers of the Vail Ml]E]1Clp~Fl BLi1lCllilg, Vail, Colorado. ~ ', !_,are ei l.~onaldson, ,;tilus:~; ,r;,;;;;;, -. ~, ~~~~~ f Town /mot-~-{~...,~ J~~--~ Ludwig Ku`tz, Mayor l.Zl:~,~\l) ANl) AI'['E2.OVID ON SECOND READING AND ORDF_,RED PUBLISIJED this 1st day of August, 2,000. ~~ ~, { ~~ r~s A'1""I~T;S'T; ~ ` ;,~ ~ _ ~ .eti l,o.rcl'~ o~'Ci]ci5on, Town Clerk. ~~~ ~~ Ludwig I~, Mayor C;: ~ua-ii ~ ~ iuce~lp. I ti r a' ~ + ~ (D ~ C ~ ~~~~~.,... ~Q,q n O Q` o^^ m ~;~ p ; a ~ ~ ~~ $o~'c+ ~~ x • r~o~r ~ ~ ~ I c~D a -~ Q 0 __ C -- ~ a ~ ~ - _ ~~ ~. _ t ~- ~~ ~ x '~ ~ Q ~ -ti -- ~~ t-.. 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