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HomeMy WebLinkAbout2003-04 Declaring the Intent of the TOV to Acquire a Deed Simple Interest in the Property Located at 1280 N. Frontage Road West for Public Housing PurposesRESOLUTION N0.4 SERIES OF 2003 A RESOLUTION DECLARING THE INTENT OF THE TOWN OF VAIL TO ACQUIRE A FEE SIMPLE INTEREST IN THE PROPERTY LOCATED AT 1280 N. FRONTAGE ROAD WEST, FOR PUBLIC HOUSING PURPOSES, FURTHER CONTINUANCE OF GOOD FAITH NEGOTIATIONS TO ACQUIRE SAID PROPERTY INTEREST, AND AUTHORIZATION TO INITIATE AN ACTION 1N EMINENT DOMAIN TO ACQUIRE SAID PROPERTY IN THE EVENT GOOD FAITH NEGOTIATIONS DO NOT RESULT IN AN AGREEMENT TO ACQUIRE SAID PROPERTY INTEREST. WHEREAS, the Town of Vail has determined that the provision of employee housing is vital to the economic health, vitality, and social stability of the Town of Vail; and WHEREAS, acquisition of the property interests described in Exhibit A attached hereto and incorporated herein by this reference (hereinafter the "Property"), is necessary for the purposes described above; and WHEREAS, the Town of Vail has negotiated in good faith with the Owner of the Property to acquire unencumbered fee title to the Property; and WHEREAS, negotiations to purchase the Property have, to this point, been unsuccessful; and WHEREAS, the Town of Vail has determined that it is necessary to acquire an unencumbered fee simple interest in the Property, and that, in the event that good faith negotiations do not result in voluntary granting of the Property, it is necessary that the Town of Vail acquire said interest in said real property through the use of the Town's power of eminent domain as provided for in Section 1.2 of the Vail Town Charter. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL THAT: 1. The Town Council hereby finds that it will serve a public purpose to provide employee housing to full time residents employed in the Town of Vail. The Town Council further finds that it is necessary to acquire the Property to achieve said public purpose. 2. The Town of Vail hereby declares its intent to acquire the Property from the Owner and all others having an interest therein. 3. The Town Council specifically authorizes that negotiations between the Town of Vail and the Owner of the Property continue in good faith, but in the event such negotiations are unsuccessful, acquisition of the Property from the record Owner thereof, through use of the Town's powers of eminent domain, is hereby authorized. 4. Malcolm M. Murray of Gorsuch Kirgis LLP, shall be retained as Special Counsel to the Town of Vail for the purpose of representing the Town of Vail in the condemnation of the Property and related matters. 5. A copy of this Resolution shall be forwarded to the record Owner of the Property. Resolution No. 4, Series of 2003 6. The officers of the Town are hereby authorized and directed to take all action necessary or appropriate to effectuate the provisions of this resolution. 7. If any section, paragraph, clause or provision of this resolution shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability of such section, paragraph, clause or provision shall in no manner affect any remaining provisions of this resolution, the intent being that the same are severable. 8. All resolutions or parts of resolutions inconsistent herewith are hereby repealed to the extent only of such inconsistency. This repealer shall not be construed to revive any resolution or part of any resolution heretofore repealed. 9. This resolution shall take effect immediately upon its passage. DONE AND RESOLVED this 15th day of April, 2003. 116~c Ludwig Kurz, Mayor ATTEST: elei .bonaldson, Town Clerk aF V ti~ '~l S~•t~ Resolution No. 4, Series of 2003