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HomeMy WebLinkAboutEPURA RESOLUTION 25400RESOLUTIONNO.254ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYAMENDINGRESOLUTIONNO.252AUTHORIZINGALEASE/OPTIONTOPURCHASEAGREEMENTWITHTHEBEEFITCORPORATIONFORTHEKNOLLPROPERTYWHEREAS,withtheadoptionofResolutionNo.252,theBoardofCommissionersapprovedanagreementtoleasewithanoptiontopurchasepropertydescribedasLot2,StanleyKnollSubdivisionofTract2,StanleyAdditiontotheTownofEstesPark,CountyofLarimer,StateofColorado,knownasthe“Knoll”;andWHEREAS,subsequenttosuchapproval,theagreementwasmodifiedandextendedtoaccommodateclearanceoftitlemattersforthesatisfactionoftheAuthority.NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:Section1:TheLeaseAgreement,insubstantiallytheformattachedheretoasExhibitA,isapproved.Section2:SomeoftheamendeddetailsoftheAgreementincludeabeginningdateoftheleaseofJuly30,1997,theannualleasepaymentdateisonorbeforeJuly30ofeachcalendaryear,andthepropertydescriptionhasbeencorrected.Section3:AllotherprovisionsofResolutionNo.252shallremainineffect.ADOPTEDthis30thdayofJuly1997.ESTESPARKURBANRENEWALAUTHORITY,ChairnATTEST:Secretar