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HomeMy WebLinkAbout2006-08 Ratifying the Purchase of Land known as the Meadow Creek ParcelRESOLUTION NO. 8 Series of 2006 A RESOLUTION RATIFYING THE PURCHASE OF LAND IN THE TOWN OF VAIL KNOWN AS THE MEADOW CREEK PARCEL AND LEGALLY DESCRIBED AS A PARCEL OF LAND LOCATED IN THE NORTH HALF OF THE SOUTHWEST QUARTER OF SECTION 14, TOWNSHIP 5 SOUTH, RANGE 81 WEST SIXTH PRINCIPAL MERIDIAN, EAGLE COUNTY, COLORADO 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 real property known as the Meadow Creek Parcel and legally described as a parcel of land located in the North Half of the Southwest Quarter of Section 14, Township 5 South, Range 81 West Sixth Principal Meridian, Eagle County, Colorado (the "Property"); and WHEREAS, the adjacent homeowners have requested that the Town of Vail purchase the land as open space and committed $65,000 for the purchase of the land; and WHEREAS, the Eagle Valley Land Trust has reviewed the open space value of the land and will hold a conservation easement on the land; and WHEREAS, Eagle County has reviewed the open space value of the land and committed $65,000 for the purchase of the land; and WHEREAS, the protection of the property as open space is consistent with the 1994 Comprehensive Open Lands Plan. WHEREAS, the Council has previously approved the purchase of the Property, and closed on the Property on or about April 28, 2006. NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO THAT: The purchase of the Property is hereby ratified by the Council. 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 2nd day of May, 2006. f~~~c Rodney E.~lifer, ~ Mayor of the Town of Vail, Colorado ATTE ~ `` OWM L L9~elei naldson, ~' ';'Y„ Town clerk s~ ~ r" n~ O~ORApG Resolution No. 8, Series 2006