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RESOLUTION 22-17
0CRESOLUTION#22-17AUTHORIZINGTHEACCEPTANCEOFADONATIONOFPROPERTYWHEREAS,theCommunityFoundationTrust,aColoradonon-profitcorporation(the“Donor”),ownscertainrealpropertylocatedat322WestElkhornAvenue,EstesPark,ColoradoknownasMrs.Walsh’sGarden(the‘Property’);andWHEREAS,theDonorwishestodonatethePropertytotheTownofEstesParksubjecttothetermsandconditionsofthePropertyDonationAgreementattachedheretoasExhibitAandincorporatedhereinbyreference;andWHEREAS,theBoardofTrusteeshasdetermined,pursuanttothisResolution,toacceptthedonationofthePropertypursuanttothetermsandconditionsofthePropertyDonationAgreement.NOWTHEREFORE,BEITRESOLVEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARK:1.TheBoardofTrusteesoftheTownofEstesParkapprovesthedonationofthePropertymorefullydescribedinExhibitAfromDonorpursuanttothetermsandconditionsofthePropertyDonationAgreement.2.TheappropriateofficialsoftheTownofEstesParkareherebyauthorizedtoexecutethePropertyDonationAgreementandexecutealldocumentsrequiredtoclosethetransferofthePropertyfromtheDonortotheTownpursuanttothetermsandconditionsofthePropertyDonationAgreement.INTRODUCED,READ,ANDPASSEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARKonthisjjj’ayof..Wtx{2017.TOWNTESPARK,COLORADOMayorATTEST:Clerk 0EXhIBITATOPROPERTYDONATIONAGREEMENTLea1DescriptionofPropertyAportionofBlock7,intheTownofEstesPark,Colorado,moreparticularlydescribedascommencingatthepointwhereanextensionofthedividinglinebetweenBlock3and28inaSoutherlydirectionintersectstheSouthlineofsaidBlock7;thenceNorth89degrees26minutesWestalongsaidSoutherlylineofBlock7,adistanceof337.08feettotheTruePointofBeginning;thenceNorth16degrees31minutesWest141.94feettotheSoutherlylineofElkhomAvenue;thenceSouth77degrees09minutesWest268.0feetalongtheSoutherlylineofElkhomAvenue;thenceSouth0degrees05minutesWest73.5feettotheSoutherlylineofsaidBlock7;thenceSouth89degrees26minutesEast301.78totheTruePointofBeginning.CountyofLarimer,StateofColorado.38 00DONEE:Date:_______________,2017TownofEstesPark,Colorado,astatutorymunicipalityBy:______________________37 CEXhIBITBTOPROPERTYDONATIONAGREEMENTLeualDescriptionofOtherPropertyAllofDonor’sright,titleandinterestinandtoanyandallrealpropertyownedbyDonorandlocatedwithinSection25,Township5North,Range73Westofthe6thP.M.,LarimerCounty,Colorado,exceptandexcludingthefollowingdescribedrealproperty:AportionofBlock7,intheTownofEstesPark,Colorado,moreparticularlydescribedascommencingatthepointwhereanextensionofthedividinglinebetweenBlock3and28inaSoutherlydirectionintersectstheSouthlineofsaidBlock7;thenceNorth89degrees26minutesWestalongsaidSoutherlylineofBlock7,adistanceof337.08feettotheTruePointofBeginning;thenceNorth16degrees31minutesWest141.94feettotheSoutherlylineofElkhomAvenue;thenceSouth77degrees09minutesWest268.0feetalongtheSoutherlylineofElkhomAvenue;thenceSouth0degrees05minutesWest73.5feettotheSoutherlylineofsaidBlock7;thenceSouth89degrees26minutesEast301.78totheTruePointofBeginning.CountyofLarimer,StateofColorado.39 00EXHIBITCTOPROPERTYDONATIONAGREEMENTRestrictiveCovenant(Mrs.Walsh’sGarden-EstesPark,Colorado)I.Background.CommunityFoundationTrust,aColoradononprofitcorporation(“EJ”).ownstherealpropertylegallydescribedonExhibitA,attachedandincorporatedbyreference,havingastreetaddressof322WestElkhomAvenue,EstesPark,CO80517,andcommonlyknownasMrs.Walsh’sGarden(“Property”).2.Covenant.CFTdeclaresthatthePropertyissubjecttothefollowingrestrictivecovenant(“Covenant”)whichtouchesandconcernstheProperty,runswiththePropertyandisbindinguponandforthebenefitofallpartieshavinganyright,titleandinterestinandtotheProperty,theirheirs,personalrepresentatives,successorsandassigns:ThePropertyshallonlybeusedasademonstrationxeriscapegardenfornativeplantsthatareindigenoustotheRockyMountainregion.3.Enforcement.ThisCovenantisenforceablebyCFT,itssuccessorsandassigns,throughanyactionatlaworinequityagainstthethen-currentownerofthePropertyand,inanysuchaction,theCourtshallawardtheprevailingpartyitscostsandreasonableattorneys’feesincurredinsuchaction.Datedthisdayof,20l7.CommunityFoundationTrust,aColoradononprofitcorporationBy:________________________________RayCaraway,PresidentSTATEOFCOLORADO)ss.COUNTYOFLARIMERTheforegoinginstrumentwasacknowledgedbeforemethis______dayof____________________2017,byRayCaraway,asPresidentofCommunityFoundationTrust,aColoradononprofitcorporation.Witnessmyhandandofficialseal.Mycommissionexpires:NotaryPublic40