HomeMy WebLinkAboutEPURA RESOLUTION 159RESOLUTION NO.159
A RESOLUTION OF THE ESTES PARK URBAN RENEWAL AUTHORITY
APPROVING A CONTRACT FOR THE PURCHASE OF
REAL PROPERTY KNOWN AS LOTS 1 AND 3
STANLEY KNOLL SUBDIVISION OF TRACT 2
STANLEY ADDITION TO THE
TOWN OF ESTES PARK,COLORADO
WHEREAS,the Estes Park Urban Renewal Authority (Authority)
adopted Resolution No.158 on March 7,1991 (A Resolution of the
Estes Park Urban Renewal Authority Declaring an Intent to Acquire
Real Property in the Downtown Redevelopment Area and Authorizing
the Staff of the Authority to Initiate Negotiations and Proceedings
for Such Acquisition);and
WHEREAS,staff has negotiated a contract for purchase of the
real property known as Lots 1 and 3,Stanley Knoll Subdivision of
Tract 2,Stanley Addition to the Town of Estes Park,Colorado for
$160,000 (0.8937/square foot).
NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF COMMISSIONERS
OF THE ESTES PARK URBAN RENEWAL AUTHORITY THAT:
1.The Chairman,or in his absence,an Officer of the Board,
is authorized to sign a contract for acquisition of real estate for
purchase of two undeveloped tracts of land known as Lots 1 and 3,
Stanley Knoll Subdivision of Tract 2,Stanley Addition to the Town
of Estes Park,Colorado,subject to resolution of certain areas of
concern expressed by the Authority’s attorney.
2.The Chairman,or in his absence,an Officer of the Board,
is authorized to execute all required documents necessary to
acquire said property.
3.The purchase contract is contingent upon the completion
of the sale of Lot 2,Stanley Knoll Subdivision of Tract 2,Stanley
Addition to the Town of Estes Park,Colorado to Stanley Commercial
Development,Ltd.by United Bank of Boulder Association.
4.The Executive Director and Attorney are authorized to
negotiate clarification of areas of concern expressed by the
Authority’s attorney.
ADOPTED this 21st day of March 1991.
ESTES PARK URBAN RENEWAL AUTHORITY
By:________
ATTEST:
Secretary