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HomeMy WebLinkAbout2007-14 Approving the Purchase of Property in the TOV legally described as 7-U Building 5, Vail East LodgingRESOLUTION NO. 14 Series of 2007 A RESOLUTION APPROVING THE PURCHASE OF PROPERTY IN THE TOWN OF VAIL LEGALLY DESCRIBED AS 7-U BUILDING 5, VAIL EAST LODGING, EAGLE COUNTY, COLORADO WITH A PHYSICAL ADDRESS OF 4093 SPRUCE WAY # 36, VAIL COLORADO; AND SETTING FORTH DETAILS IN REGARD THERETO. WHEREAS, the Town of Vail (the "Town"), in the County of Eagle and State of Colorado is a home rule municipal corporation duly organized and existing under the laws of the State of Colorado and the Town Charter (the "Charter"); and WHEREAS, the members of the Town Council of the Town (the "Council") have been duly elected and qualified; and WHEREAS, the Council considers it in the interest of the public health, safety and welfare to purchase the property legally described as 7-U Building 5, Vail East Lodging, Eagle County, Colorado with a physical address of 4093 Spruce Way # 36, Vail Colorado (the "Property'); and WHEREAS, the Council's approval of this Resolution No. 14, Series 2007, is required to purchase the Property. NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO THAT: 1.The purchase of the Property is hereby approved by the Council at the purchase price of $173,400.00. 2.The Town Manager is hereby authorized on behalf of the Town, to take whatever steps are necessary to complete the purchase of the Property. 3.This resolution shall take effect immediately upon its passage. INTRODUCED, PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Vail held this 3~dday of July, 2007. Q Rodney E. Slifer,O Mayor of the Town of Vail, Colorado ATT N OF ~ 1~?.•••.....:4i rele~Donaldson, owl Clerk S~ COLORP Resolution No. 14, Series 2007