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Home My WebLink AboutORDINANCE 18-9600ORDINANCENO18-96ANORDINANCEAUTHORIZINGTHETRANSFEROFCERTAINREALPROPERTYOWNEDBYTHETOWNOFESTESPARKTOTHEESTESPARKHOUSINGAUTHORITYWHEREAS,theTownofEstesParkacquiredcertainrealproperty(“theproperty”),thelegaldescriptionofwhichisattachedheretoasExhibit“A”andincorporatedhereinbythisreference;andWHEREAS,thepropertywasacquiredbytheTownforthepurposeofusingthepropertyforanaffordablehousingproject;andWHEREAS,onSeptember12,1995,theTownBoardpassedOrdinanceNo.19-95authorizingthetransferofthepropertytotheEstesParkHousingAuthorityforthepurposeofdesigningandconstructingtheLoneTreeApartments,anaffordablehousingproject;andWHEREAS,followingthepassageofOrdinanceNo.19-95,thepropertywasnevertransferredduetothedecisionsoftheelectorsoftheTownofEstesParktohavetheTownnotpursuetheLoneTreeApartmentsasaTownand/orEstesParkHousingAuthoritysponsoredproject;andWHEREAS,theEstesParkHousingAuthorityisintheprocessofcontractingwithSimpsonHousingLimitedPartnershipandtheLovelandHousingDevelopmentCorporationthroughtheLoneTreeVillageApartmentsLimitedPartnershipforthedesign,constructionandoperationofanaffordablehousingdevelopmentontheproperty;andWHEREAS,theBoardofTrusteeshasdeterminedthatitisnecessarytotransferthepropertytotheEstesParkHousingAuthorityinordertoenabletheHousingAuthoritytofulfillitsproposedcontracturalcommitmentwithLoneTreeVillageApartmentsLimitedPartnership;andWHEREAS,pursuanttotheapplicableprovisionofSection31-15-713(1)(b)C.R.S.,theBoardofTrusteesoftheTownofEstesPark,ColoradohastheauthoritytotransferrealpropertyonsuchtermsandconditionsastheTownBoarddesires.NOW,THEREFORE,BEITORDAINEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARK,COLORADO.Section1.ThepropertysetforthonExhibit“A”shallbetransferredbySpecialWarrantyDeedtotheEstesParkHousingAuthority. 00 00Section2.TheappropriateofficialsoftheTownofEstesParkareherebyauthorizedtoexecuteaSpecialWarrantyDeedtransferringthepropertytotheEstesParkHousingAuthority.Section3.TheadoptionofthisOrdinanceisherebydeclaredanemergencyinordertoallowthetransferofthepropertyfromtheEstesParkHousingAuthoritytoLoneTreeVillageApartmentsLimitedPartnershiponorbeforeSeptember27,1996andWHEREAS,itistheopinionoftheBoardofTrusteesthatanemergencyexistsandthisOrdinanceshalltakeeffectandbeenforcedimmediatelyafteritspassage,adoptionandsignatureoftheMayor.PASSEDANDADOPTEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARK,COLORADOThIS/0—aDAYOFtha1ja),1996.TOWNOFESTESPARKBY:_________Mayor.3ci/4/ATTEST:TownClerkIherebycertifythattheaboveOrdinancewasintroducedandrpadatameetingoftheBoardofTrusteesonthe—dayof,flu%-.,1996,andpublishedinanewspaperofgeneralcircplationin’theTownofEstesPark,Coloradoonthedayof%e,f.1996.TownClerk 00 a.0EXHIBIT“A”AtractoflandlocatedintheSE1/4ofSection30,Township5North,Range72westofthe6thP.M.,LarimerCounty,ColoradobeingmoreparticularlydescribedascoimnencingattheC1/4cornerofsaidSection30,asmonuinentedbyaTownofEstesParkbrasscapandwithallbearingscontainedhereinbeingrelativetotheNorthlineofsaidSE1/4consideredasbearingSouth89degrees11minutes00secondsEast;thenceSouth89degrees11minutes00secondsEastadistanceof1,297.18feetalongsaidNorthlinetotheNEcorneroftheW1/2oftiwSE1/4ofsaidSection30;thenceSouth00degrees00minutes21secondsWestadistanceof640.55feetalongtheEastlineoftheW1/2oftheSE1/4ofsaidSection30totheTruePointofBeginning;thenceSouth00degrees00minutes21secondsWestadistanceof411.31feetalongsaidEastlinetoapointontheNorthright-of—waylineofGravesAvenue;thenceWestadistanceof404.45feettotheSoutheastcornerofDeVilleSubdivision;thenceNorthadistanceof619.19feetalonstheEast-lineofDeVilleSubdivisiontotheSoutherlyright—of—waylineofManfordAvenue;thenceSouth62degrees48minutes00secondsEastadistanceof454.78feetalongsaidSoutherlyright—of—waylinetotheTruePointofBeginning.BeingaportionofLot5,MANFORDADDITIONtotheTownofEstesPark,CountyofLarimer,StateofColorado.CountyofLarimer,StateofColorado. 00