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HomeMy WebLinkAbout1978-08 Authorizing Town Manager to Complete and Formalize the Agreement with Vail Associates for the Conveyance to the Town of the Pedestrian Malls in the Lionshead AreaRESOLUTION N0. O Series of 1978 A RESOLUTION OF THE TOWN COUNCIL AUTHORIZING THE TOWN MANAGER TO COMPLETE AND FORMALIZE THE AGREE- MENT WITH VAIL ASSOCIATES FOR THE CONVEYANCE TO THE TOWN OF THE PEDESTRIAN MALLS IN THE LIONSHEAD AREA; AND SETTING FORTH DETAILS RELATING THERETO WHEREAS, Vail Associates and the Town of Vail have discussed for some time the desirability of Vail Associates conveying to the Town the pedestrian malls in Commercial Core II, c~~~u«only known as Lionshead, within the Town of Vail; WHEREAS, a tentative agreement has been reached between Vail Associates and the Town whereby Vail Associates will convey those malls, and the Town will accept them; WHEREAS, final details have not been fu11y resolved, but Vail Associates has expressed a desire to complete the transfer before April 30, 1978; and WHEREAS, the Town Council is of the opinion that it should cooperate with Vail Associates to accomplish said trans- fer before April 30, 1978; NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: 1) The Town Council hereby approves of the proposed transfer of the pedestrian malls located in Commercial Core TI, commonly known as Lionshead, Vail, Colorado. 2) The Town Manager is hereby authorized to complete and formalize the conditions and agreements for the conveyance of the Lionshead pedestrian malls from Vail Associates to the Town of Vail. 3) The Town Manager is hereby authorized to execute on behalf of the Town of Vail any documents necessary to complete and formalize the conveyance of the Lionshead pedestrian malls, and the Town Clerk is authorized to affix the seal of the Town Res.Page 2 to any required documents and to attest to the signature o~ the Town Manager. INTRODUCED, READ, APPROVED, AND ADOPTED, this 18th day o~ Apri1., 7.978. ATTEST: Town C7_erk ~~ May r ~ v ~ '