HomeMy WebLinkAbout1979-30 Approving a Contract of Sale Between Allen J. Stephens and Marion L. Stephens and the TownRESOLUTION N0. 30
Series of 1979
A RESOLUTION OF THE TOWN COUNCIL
APPROVING A CONTRACT OF SALE
BETWEEN ALLEN J. STEPHENS AND
MARION L. STEPHENS, SELLERS,
AND THE TOWN OF VAIL, PURCHASER;
AUTHORIZING THE TOWN MANAGER
TO EXECUTE FOR AND ON BEHALF
OF THE TOWN OF VAIL THE CONTRACT
OF SALE, NOTES, DEEDS OF TRUST,
AND ALL OTHER INSTRUMENTS OR
AGREEMENTS NECESSARY THEREFORE;
AND DTRECTING THE TOWN CLERK
TO ATTEST TO SATD SIGNATURE
OR SIGNATURES AND TO AFFIX
THE SEAL TO ALL DOCUMENTS REQUIRING
THE SAME; AND, SETTING FORTH
DETAILS RELATING THERETO.
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WHEREAS, Allen J. Stephens and Marion L. Stephens presently
own a parcel of property, containing approximately 2.7 acres and
the Town wishes to purchase said property for public purposes; and
WHEREAS, a Contract of Sale has been negotiated between the
Sellers and the Town for the purchase of said property; and,
WHEREAS, the Town Council is of the opinion that said contract
should be approved and the property purchased;
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF VAIL, COLORADO, THAT:
Section 1. The Contract of Sale betw~/e~~en Alle,,nn ,J,. Stephens
and Marion L, Stephans, dated~~h ~~ /'~-~~~~/ , 1979, for
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the purchase by the Town of the real property owned by the Stephens,
containing approximately 2.7 acres, is hereby specifically approved.
Section 2. The Notes and Deeds of Trust required by said
Contract of Sale are hereby specifically approved and the terms
thereof affirmed by the Town Council.
Section 3. The Town Manager is hereby authorized and directed
to execute said Contract of Sale, Notes, Deeds of Trust, and all
other and further agreements or instruments necessary for this
transaction. The Town Clerk is directed to attest to said signature
and to affix the Town Seal. to all necessary documents.
Resolution No. 30 Page Z
INTRODUCED, READ, AND ADOPTED THIS Z$th day o~ December, 1979.
a.. ti ~ ,~.
Mayor Pro-Tem
ATTEST:
To ~ C~erk '