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HomeMy WebLinkAbout1976-04 Adopting a Gift from an Annonymous Donor fo the Construction of an Ice Rink in the Towns RESOLUTION NO. SERIES OF 1976 A RESOLUTION ACCEPTING A GIFT FROM AN RNONYMOUS DONOR FOR THE CONSTRUCTION OF AN ICE RINK TN THE TOWN OF VATL: AUTHORIZING THE TOWN MANAGER TO TAKE Al,l. NECESSARY STEPS Tp FORMULAIC SAID GIFT, PROVIDdiVG A ~TRFF AfVO ADMINISTRATIVE SERVICES FOR PLANNTNG ANb SUPPORT OF THE CONSTRUCTION OF THE ICE RINK, RND THE ESTABLISHMENT OF AN ACCOUNT FOR THE RECEIVING AND SALE OF RNY STOCK THAT IS PART OF THE GIFT; AND AUTHORIZING THE TOWN CLERK TO AFFIX THE TOWN SEAL AND ATTEST TO THE SIGNATURE OF THE TOWN MANAGER WHEN NECESSARY. WHEREAS, the Town of Vail has been offered a gift of certain stacks from anonymous donors to pay for the cost of construction of an ice rink in the Town of Vail; and, WHEREAS, the Town Countil believes that an ice rink would be in the best interest of the Town of Vail and that the gift should be accepted; NOW, THEREFORE, BE TT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THRT: 1) The Town Council for the residents of the Town accepts the gifts of certain stocks to be sold and the proceeds therefrom used to pay for the construction of an ice rink. The Town Council wishes to express its gratitude to the anonymous donors for this gift and to commend them for their civic awareness and public support. 2) The Town Manager is hereby authorized and directed to: a) Execute any document or agreement with the donors that may be necessary to formalize the gift and the construction of an ice rink. b} Provide the necessary administrative and staff services for planning, site preparation and support in the construction of the ice rink. c} Take all necessary steps to establish an account at the Bankers Trust Company of New York to receive and sell the stock donated, the proceeds from said sale to be used for the financing of the construction of the ice rink. t` w 3) The Town Clerk is hereby authorized and directed to affix the Town Seal and attest to the signature of the Town Manager on any documents necessary to complete or fulfill the foregoing. INTRODUCED, READ, APPROVED, AND ADOPTED, this 20th day of April 1976. Mayor ATTEST: R,~~..c ~ Cry Town Clerk Q ~! V ~ Z_ i