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HomeMy WebLinkAboutORDINANCE 382-690 0 ORDINANCE NO.3tL AN ORDINANCE TO LEASE-OPTION CERTAIN LAND FOR VEHICLE PARKING AND PRESCRIBING ThE TEENS RELATING TO EXPENSES OF SAID LEASE AND OPERATION OF SAID LAND AND AUTHORIZATION TO ENThR INTO SAID LEASE-OPTION. WHEREAS,under the constitution and the laws of the State of Colorado as heretofore and now in force the Town of Estes Park has authority to establish and regulate the use of the streets and public places and traffic thereon,and to con struct,maintain and operate public parking facilities,and WHEREAS,by reason of the growth of the Town of Estes Park and the increase in the number of vehicles on the streets of said town it is necessary to acquire additional parking space for said vehicles. WHEREAS,under the provisions of Article 61,Chapter 139 of the Colorado Revised Statutes,1963,authority is granted,in order to provide necessary land for governmental or proprietary purposes,to enter into long term rental or leasehold agreements with an option or options to purchase and acquire title to such leased property. NOW ThEREFORE,BE IT ORDAINED BY ThE BOARD OF TRUSTEES OF ThE TOWH OF ESTES PARK,COLORADO: Section 1.That the Town of Estes Park elects to act under the authority of Article 61,Chapter 139,Colorado Revised Statutes,1963 to enter into a lease-option agreement to acquire necessary land for vehicle parking so as to improve the regulation and use of the streets and public places and traffic thereon. Section 2.That the Mayor and Town Clerk be and they are hereby authorized and directed to execute and seal on behalf of the Town of Estes Park the proposed lease now on file with the Town Clerk between Riverside,Inc.,Gale H. Gillan and Katherine H.Gillan,individually and as sole 0 0 stockholders of Riverside,Inc.,in the county of Larimer and state of Colorado and the Town of Estes Park,Colorado. Section 3.That all of the rent provided for in the lease referred to in Section 2 above and all expenses of every kind and nature incurred by the Town of Estes Park in the operation and maintenance of said land shall be paid from the Genral Fund of the Town. Section Lj..In the opinion of the Board of Trustees of the Town of Estes Park,Colorado,the leasing of land for vehicle parking is necessary for the immediate preservation of the public peace,health and safety of the Town of Estes Park for the reason that the growth of the Town of Estes Park and the increase of vehicles on the streets of said town demand an increase in the space for vehicle parking,and whereas in the opinion of the Board of Trustees an emergency exists,this ordinance shall take effect and be in force five ()days after its final passage,adoption and publication. Passed and adopted,signes and approved this ______ day of ___________________, 1969. Mayor A/ Town Clerk -2-