Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
RESOLUTION 67-21
RECEPTION#20210102640,11)9/20219:21:27AM1of1,$13.00AngelaMyers,Clerk&Recorder,LanmerCountyCORESOLUTION67-21APPROVINGATERMINATIONOFDEVELOPMENTAGREEMENTFALLRIVERVILLAGEWHEREAS,thepropertycurrentlyknownasFallRiverVillageIt,andsodesignatedbytheResubdivisionplat(2017)andPUDRezoning(2018),potentiallyremainsubjecttoapre-existingDevelopmentAgreementforFallRiverVillage,executedandrecordedin2004;andWHEREAS,thedevelopmentspecifiedinconnectionwiththe2004DevelopmentAgreementwascompletedandapprovedsomeyearsbeforethepresent;andWHEREAS,theDevelopmentAgreementhasnotheretoforebeenterminated,asevidencedbytheabsenceofanyrecordedinstrumentaccomplishingsame;andWHEREAS,thecurrentownershipofFallRiverVillageIIhasrequestedthatthe2004DevelopmentAgreementbeterminated;andWHEREAS,thereisnolongeranyreasonforeithertheTownortheownershiptodesirecontinuedlegalefficacyofthe2004DevelopmentAgreement,inasmuchasnewerresubdivisionandrezoningofthepropertyhaveeffectivelyeliminatedtheneedtoretainthe2004DevelopmentAgreen1ient:NOW,THEREFORE,BEITRESOLVEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARK,COLORADO:TheBoardapproves,andauthorizestheMayortosign,theTERMINATIONOFDEVELOPMENTAGREEMENTIFallRiverVillage,attachedheretoandincorporatedbyreferenceinthisResolution,insubstantiallytheformnowbeforetheBoard.DATEDthis{‘-dayof,2021.TOWNOFESTESPARKMayor/‘ATTEST:SClerkAPPROVEDASTOFORM:TownAttorney RESOLUTION67-21APPROVINGATERMINATIONOFDEVELOPMENTAGREEMENTFALLRIVERVILLAGEWHEREAS,thepropertycurrentlyknownasFallRiverVillageII,andsodesignatedbytheResubdivisionplat(2017)andPUDRezoning(2018),potentiallyremainsubjecttoapre-existingDevelopmentAgreementforFallRiverVillage,executedandrecordedin2004;andWHEREAS,thedevelopmentspecifiedinconnectionwiththe2004DevelopmentAgreementwascompletedandapprovedsomeyearsbeforethepresent;andWHEREAS,theDevelopmentAgreementhasnotheretoforebeenterminated,asevidencedbytheabsenceofanyrecordedinstrumentaccomplishingsame;andWHEREAS,thecurrentownershipofFallRiverVillageIIhasrequestedthatthe2004DevelopmentAgreementbeterminated;andWHEREAS,thereisnolongeranyreasonforeithertheTownortheownershiptodesirecontinuedlegalefficacyofthe2004DevelopmentAgreement,inasmuchasnewerresubdivisionandrezoningofthepropertyhaveeffectivelyeliminatedtheneedtoretainthe2004DevelopmentAgreement:NOW,THEREFORE,BEITRESOLVEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARK,COLORADO:TheBoardapproves,andauthorizestheMayortosign,theTERMINATIONOFDEVELOPMENTAGREEMENT/FallRiverVillage,attachedheretoandincorporatedbyreferenceinthisResolution,insubstantiallytheformnowbeforetheBoard.DATEDthisV4-dayofrcsj,2021.TOWNOFESTESPARKMayor7//ATTEST:-Q’nClerkAPPROVEDASTOFORM:—TownAttorney