HomeMy WebLinkAbout1984-07 Authorizing the Acquisition of Certain Real Property from Vail Associates IncRESOLUTION #7
Series of 1984)
A RESOLUTION AUTHORIZING THE ACQUISITION
BY THE TOWN OF VAIL, COLORADO (THE TOWN)
OF CERTAIN REAL PROPERTY LOCATED IN THE
TOWN FROM VAIL ASSOCIATES, INC. (SELLER)
FOR A PURCHASE PRICE OF $151,232.00; AND
DESCRIBING OTHER DETAILS IN CONNECTION
WITH SUCH ACQUISITION AND PURCHASE.
WHEREAS, Seller is owner of certain real property (the
Property) legally described in Exhibit A hereto and made a part
hereof, and
WHEREAS, Seller desires to sell the property and the Town
desires to purchase and acquire the property for open space and/or
public purposes; and
WHEREAS, the purchase price of the property will be $151,232.00,
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN
OF VAIL, COLORADO:
Section 1: That the entering rota by the Town of the purchase
agreement with the Seller with respect to the property--rt' hereby is
authorized.
Section 2. That pursuant to the purchase agreement the total
purchase price for the property shall be $151,232.00 payable in its
entirety at closing.
Section 3. That the Mayor of the Town and the Town Clerk be and
hereby are authorized to take any and all action towards the execution
of the purchase agreement and alI other instruments and documents in
connection with the transaction hereby authorized.
Section 4. That if any portion of this Resolution shall for any
reason held to be invalid or unenforceable, the invalidity or unenforce--
ability of such portion or provision shall not affect any of the remaining
provisions of this Resolution, the intention being the same are severable.
Section 5. All acts, orders and resolutions and parts thereof in
conflict with this resolution are hereby rescinded.
ADOPTED AND APPROVED TH I S .~its(~'1ay o f Ap r i 1 , 19 84 .
TOWN OF VAIL, EAGLE COUNTY, COLORADO
Roney E. ti8li~er; 14a r
S E A L)
A~`TEST
1~amela ~i. Brandmeye , Town Clerk