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EPURA RESOLUTION 292
C,RESOLUTIONNO.292ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYTOENTERINTOANAGREEMENTFORPROFESSIONALSERVICESRELATIVETOPOTENTIALREALESTATEACQUISITIONWHEREAS,theEstesParkUrbanRenewalAuthorityisintheprocessofplanningWalkwayWestward,anextensionoftheRiverwalkthemewestwardacrossMoraineAvenueandbeyond,toserveandenhancethewesternportionofthecentralbusinessdistrict;and,WHEREAS,ithasbecomeapparentthatahigherandbetteruseofcertainrealpropertywithintheprojectareawouldbenefittheTown,themerchantsandthecommunityingeneral;andWHEREAS,theeffectivepursuitofthisgoatrequiresprofessionalservicesintheareaofrealestatebrokerage,confidentialnegotiationsandevaluationofoptions.NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:TheEstesParkUrbanRenewalAuthorityenterintoanagreementwithEricW.Blackhurst,BrokerAssociate,ProspectRealtyandAppraisals,Inc.topursuetheacquisitionofcertainpropertyorpropertieswithintheWalkwayWestwardprojectarea.Compensationshallbeintheformofcommissionuponcompletionofarealestatetransaction,intheamountofthreepercentofthetransactionamount.ADOPTEDthis21stdayofFebruary,2001.ESTESPARKURBANRENEWALAUTHORITYChairmanATTEST:Sec%iry