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EPURA RESOLUTION 358
RESOLUTIONNO.358ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYAUTHORIZINGTHECHAIRMANTOENTERiNTOANAGREEMENTWITHCARDINALPROPERTIES,LLCFORTHEREDEVELOPMENTOFTHEBOB’SAMOCOSITEWHEREAS,theEstesParkUrbanRenewalAuthority(EPURA)adoptedRESOLUTIONNO.357atitsmeetingofOctober20,2004,whichacceptedtheproposalfromCardinalProperties,LLCfortheredevelopmentoftheBob’sAmocosite,contingenttocertaindetailsandconditions;andWHEREAS,adraftcontracthasbeenreceivedfromCardinalProperties,LLCwhichhadbeenreviewedbytheEPURAChairman,theEPUKAExecutiveDirector,EPURARealEstateAdvisorEricBlackhurstandEPURAAttorneyJimWindholz;andWHEREAS,revisionstothedraficontractareunderway,inconformancewiththecriteriaestablishedbytheEPURABoardofCommissioners,toensurethatallarrangementsareconsistentwiththesecriteriarelativetoredevelopmentofthesiteandthatEPURA’sinterestsareprotectedinaccordancewiththeadviceoftherealestateadvisorandlegalcounsel.NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:TheEPURAChairman,inconsultationwiththeEPURAExecutiveDirector,theEPURARealEstateAdvisorandtheEPURAAttorney,beauthorizedtoexecuteacontractbetweenEPURAandCardinalProperties,LLCthatconformswiththecriteriaforredevelopmentestablishedbytheEPURABoardandaddressesthedetailsandconditionsenumeratedinRESOLUTIONNO.357.ADOPTED,this17thdayofNovember,2004.ESTESPARKURBANRENEWALAUTHORITYChairmanATTEST:Secret7S’