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EPURA RESOLUTION 102
0RESOLUTIONNO.102(Series1988)ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYAPPROVINGANEXPENDITUREFORACQUISITIONOFREALPROPERTYINTHEDOWNTOWNREDEVELOPMENTAREAKNOWNASLOTS1,2,3,4,ANDEAST1/2OFLOT5,BLOCK5TOWNOFESTESPARK,INTHECOUNTYOFLARIMER,STATEOFCOLORADOANDRELATEDCOURTFEESANDCOSTSWHEREAS,theEstesParkUrbanRenewalAuthorityadoptedResolutionNo.60onSeptember3,1986(EPURADeclaringanIntenttoAcquireRealPropertiesintheDowntownRedevelopmentAreaandAuthorizingtheStaffoftheAuthoritytoInitiateNegotiationsandProceedingsforSuchAcquisition);andWHEREAS,apreliminarydepositof$465,000.00wasdepositedbyPetitionerwiththeLarimerCountyDistrictCourtonMarch10,1987atwhichtimetheAuthorityobtainedpossessionandtitletotheproperty;andWHEREAS,athree—memberCommissionmetinLarimerCountyDistrictCourtonMarch8,9,and10todeterminetheproperty’svalueandonMarch10,1988,saidCommissionawardedRespondentsEdwardS.BoydandGeraldineE.Boyd,etal,ownersofthepropertyknownasLots1,2,3,4,andEast1/2ofLot5,Block5,TownofEstesPark,intheCountyofLarimer,StateofColorado,theadditionalsumof$159,326.40;andWHEREAS,onMarch28,1988,Petitionerdepositedthesumof$159,326.40withtheLarimerCountyDistrictCourtasfinaljudgmentforacquistionofLots1,2,3,4,andEast1/2ofLot5,Block5,TownofEstesPark,intheCountyofLarimer,StateofColorado;andWHEREAS,RespondentsEdwardS.BoydandGeraldineE.Boyd,etal,submittedaclaimforcourtfeesandcostsintheamountof$17,154.51plusinterestfromdateofjudgmentand,followingnegotiationswiththeAuthority’sStaff,submittedacounter—proposaltotaling$11,389.88.NOW,THEREFORE,BEITRESOLVEDBYTHEBOARDOFCOMMISSIONERSOFTHEESTESPARKURBANRENEWALAUTHORITYTHAT:Acertifiedcheckintheamountof$11,389.88bemadepayabletoLarimerCountyDistrictCourtinfullsettlementofsaidcourtfeesandcosts.ADOPTEDthis7thdayofJuly,1988.1)-)1Chairmanecretar