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HomeMy WebLinkAboutEPURA RESOLUTION 6800RESOLUTIONNO.68ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYAPPROVINGALETTERAGREEMENTBETWEENTHEAUTHORITYANDPAULAL.LAINGFORACQUISITIONOFREALPROPERTYINTHEDOWNTOWNREDEVELOPMENTAREAWHEREAS,theEstesParkUrbanRenewalAuthorityadoptedResolutionNo.60(EPURADeclaringanIntenttoAcquireRealPropertiesintheDowntownRedevelopmentAreaandAuthorizingtheStaffoftheAuthoritytoInitiateNegotiationsandProceedingsforsuchAcquisition);NOW,THEREFORE,BEITRESOLVEDBYTHEBOARDOFCOMMISSIONERSOFTHEESTESPARKURBANRENEWALAUTHORITYTHAT:TheletteragreementbetweentheAuthorityandPaulaL.Laingforacquisitionofrealpropertyinthedowntownredevelopmentareaisherebyadoptedinaccordancewiththecopyofsameattachedhereto.Adoptedthis5thdayofFebruary,1987.(‘//,,.J(—I-f/7iCharlesH.Phares,ChairmanATTEST:ArthurL.Anderson,Secretary epaDTO:tJRABoardFROM:ArtAndersonDATE:February2,1987RE:RiverCorridorPropertyAcquisitionAsperdirectionfromResolutionNo.60fEPtJRADeclaringanIntenttoAcquireRealPropertiesintheDowntownRedevelopmentAreaandAuthorizingtheStaffoftheAuthoritytoInitiateNegotiationsandProceedingsforsuchAcquisition),wehavenegotiatedtheattachedagreementwithPaulaLaing.Thisagreementisapositivestepintherivercorridoracquisitionprocess.Approvaloftheagreementinthisformisrequested.Whentheotherrivercorridorpropertiesareobtained,necessarylotsplitsofthevariouspropertieswillbeaccomplishedasoneactionbeforethePlanningCommissionandTownBoard./dhcc:J.A.Windholz,Esq.BobJoseph 0NEDPROGRESSBOARDOF-COMMISSIONERSC...-t.H.P.....KUoJanuary22,1957BPo...,.t*w.M..o..E..c.ooHANDDELIVEREDL.s..F*71D..rG.H.&Ms.PaulaLaing-STAFFP.O.Box900..•---152E.ElkhornAvenueEstesPark,CO80517Re:152EastElkhornAvenue1EsteePark,ColoradoDearPaula:Thepurposeofthisletteristoverifythetnatterswehavediscussedandagreeduponregardingyourpropertyandthedevelopmentoftherivercorridorimprovementsasfollows:1.YouwillconveyaparceloflandtotheAuthorityalongtheFallRiver12.5feetinwidthfortheentiredistanceabuttingtheriver.Theparcelisapproximately559squarefeetinsize.TheconveyanceshallbewithoutcosttotheAuthority.Theparceloflandisdesignatedas“A”ontheattachedmap.2.Therestofthearea,approximately1,595squarefeet,onParcelAshallbepurchasedbytheAuthOrityfor$10.00persquarefoot.ThepurchasepriceisbasedupontheAuthority’srealestateappraisalofthenearbyBoydproperty.3.PriortoMay15,1988,youwillgrant,withoutexpensetotheAuthority,atemporarypedestrianeasementinthevicinitydesignatedontheattachedmapasParcelB.DimensionsoftheeasementareashallbeagreeduponbetweenyouandtheAuthoritypriortosuchconveyance.4.PriortoMay15,1989,thetemporaryeasementshallbeconvertedtotheconveyanceofapermanentpedestrianeasement,subjecttoanagreementbetweenyouandtheAuthorityregardingdimensionsoftheparcelandcompensation,ifany,tobepaidbytheAuthority.TheconveyancewillalsobesubjecttootherconditionstobeagreeduponbyyouandtheAuthority,such•as,butnotlimitedto,responsibilityformaintenance.5.Itisagreedthatyouhavetheauthoritytoenterintothesetransactionsonbehalfofallotherownersofthepropertyat152EastEl)thorn.ESTESPARKURBANRENEWALAUTHORITY170ACGB(GOBAYt’Ut.P0014213•POSTOFT)CEox120OLSTLSPARS..COLORADOe0517•303/3865331• C06.ThislettermayberecordedbytheAuthoritywiththeLarimerCountyClerkandRecorder.7.AllofthesetransactionsaresubjecttotheapprovaloftheBoardofCommissionersoftheAuthority.Ifthisletteraccuratelyreflectsyourunderstandingoftheforegoingmatters,pleasesignbelow.OnbehalfoftheEstesParkUrbanRenewalAuthority,thankyouforyourpublicservicetothecommunityandtheeffortsofredevelopmentindowntownEstesPark.Wewillmissyou.-PaulaLaingESTESPARKURBANRENEWALAUTHORITYBy:-.:.-•..I..-•.-I‘1Acting CCL.OTEI1-QTPAULALOULEELAI&11sz.EL<WO’JLOTS4iIIoTOWMOFE.itEAkI)MACDcALc’PociK‘TOE0t..-LkA’J //JNXLNIIr?1______J/‘N________________I4II-4In.-4r.7114Iin1,——VIIci?712/IQXv72-•22vc4OX2OrVnOor4t1/,I//7/1LXi1‘GN7ijO.1ciQOM•1’///c.I.4./>1*LXZ2/I/0/ii1cP4Vgcc31)43Ii-iLL’9IV[t-.if4fl,-c