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HomeMy WebLinkAboutMINUTES Town Board 1944-01-11362 Cohn/ Of eote0 lark, Larimer County, Colorado, January 11 , 19 43 Minutes of a regular meeting of the Board of Trustees of the Town of Estes Park, Larimer County, ColoradoMeeting held in the Town Hall in said Town of Estes Park on the 10th day of January A. D. 19 44 at regular meeting hour. Meeting called to order by Mayor Glen H. Preston Present: Mayor Gldn H. Preston Trustees: Ronald C. Brodie, G.E. Casey, S.M. Hurd, Paul J. Monahan and George H. Watson. Also present, Town Clerk, Verne H. Fanton. Absent: Trustee, Robert H. Lindley. Minutes of the regular meeting held on December 27th, read and approved as read. Trustee Brodie moved and Trustee Hurd seconded the motion that the following bills be allowed and paid and that the Clerk be instructed to draw warrants for same: V.L. McCracken, wages, $ 128.05 E.E. Holton, wages, 168.70 V.H. Fanton, wages, 137.40 Lee H. Tallant, wages, 191.80 Carl Hyatt, wages, 24.00 Petty Cash Fund, supplies 8.88 Hendrie & Bolthoff, supplies 7.84 Continental 0i1 Company, supplies 39.76 Cardwep Blue Print Co., supplies 6.26 Estes ark Ice & Fuel fuel, 66.28 Estes Park Trail, publishing, 5.90 Estes Park Hardware supplies 4.11 State Compensation Insurance Fund, premium 184.40 Dr. A.S. Barnes, services, 5.00 Public Service Company, service 102.71 Monahan Motor Company, supplies 27.60 Preston Garage, supplies 2.76 Hatfield Chilson, services, 45.00 Boulder Typewriter Exchange, supplies 4.11 American Water Works Association, dues, 10.00 Equipment and Depreciation Fund, Depreciation 136.11 Johnson Supply Company, supplies, 8.90 Telephone Company, service 8.50 Chas. F. Hix, Agent, premium 39.88 Upon roll call the above motion carried by the following vote: Those voting "Yes", trustees Brodie, Casey, Hurd, Monahan and Watson. Those voting "No", None. Following a detail discussion, Trustee G.E. Casey, introduced the following Resolution. RESOLUTION WHEREAS, it appears to the Board of Trustees of the Town of Estes Park, Colorado, that it is necessary and desirable that the Town acquire additional real estate for municipal purposes; AND WHEREAS, the Continental 0i1 Company is the owner of the following described premises, to -wit: Lots Six (6), Seven (7), Eight (8), Nine (9), Ten (10), Eleven (11) and Twelve (12), Block Four (4), Town of Estes Park Colorado; which premises are closely located to the present property owned by said Tovm and are unimproved; AND WHEREAS, the Board of Trustees are informed that said premises are for sale and would be very desirable for the construction of future municipal buildings which may be needed, as well as for use for other municipal purposes; Colon of Cote0 Park, Larimer County, Colorado,. Minutes of a .... . ....... . .....meeting of the Board of Trustees of the Town of Estes Park, Larimer County, Colorado. Meeting held in the Town Hall in said Town of Estes Park on the _. _. .. ............. day of. A. D. 19 at regular meeting hour. Meeting called to order by Mayor. Present: Mayor Trustees: AND WHEREAS, it would be desirable to obtain said property before the same become improved, in order that it will not be necessary to buy improved property at some future time at a greater cost; AND WHREAS, the Town is not at this time financially able to purchase said premises; NOW THEREFORE BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK, that the Mayor and Town Clerk be and they are hereby authorized to enter into negotiations with the Continental 011 Company to lease said premises with an option for the purchase thereof and within the limits of the following conditions and restrictions, and the Mayor and Town Clerk are hereby authorized to execute such a lease with an option to purchase: Said lease may be made for any period of time up to June 1, 1946, and may be made for one year, or more or less, with an option on the part of the Town to renew for add- itional periods not exceeding June 1, 1946. The rental shall be at the rate of give Hundred Dollars ($500.00) per year, payable in such manner as the Mayor and Town Clerk shall desire. Said lease shall provide for the right of the Town to sublease said premises, or portions thereof. Said lease shall include the right and option of the Town to purchase said premises at any time during the term of said lease, or renewal thereof for the sum of not to exceed Twenty Thousand Dollars ($20,000.00), payable either in cash or in payments at not less than $ 3000.00 per year, payable $ 3,000.00 at the time of the exercise of the option and not less than 3,000.00 annually thereafter until the balance of the purchase price is paid in full. The deferred payments to draw interest at four per cent per annum, payable semi- annually. Said lease and option may also provide a payment of not to exceed $ 250.00 per year as consideration for said option, but the consideration for said option to apply on the purchase price of the property, if and when the option is exercised. Said lease shall also contain proper provisions for the furnishing of an abstract of title showing good and merchantable title, cessation or rebate of rent at the time of the exercise of the option, pro ration of the taxes for the year in which such option is exercised, as well as other usual provisions for termination is case of failure of the Town to perform the conditions and covenants of the lease and option. The Mayor and Town Clerk shall have absolute authority to execute a lease and option, subject to the conditions and restrictions ablve set forth. Said Resolution was then read in full. Upon motion by Trustee George H. Watson, seconded by Trustee Ronald C. Brodie, said Resolution was duly passed and adopted by the following vote: Those voting "Yes" trustees Brodie, Casey, Hurd, Monahan and Watson. Those voting "No", None. There being no further business to come before the meeting, it was regularly moved, seconded and carried that the meeting adjourn. Attest: Mayor n Clerk