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HomeMy WebLinkAboutR13-076 69 Marble F129 Purchase of //, Commissioner moved adoption of the following resolution: BOARD OF COMMISSIONERS EAGLE COUNTY HOUSING AND DEVELOPMENT AUTHORITY RESOLUTION NO. 2013- 0 RESOLUTION AUTHORIZING THE EXPENDITURE OF FUNDS ASSOCIATED WITH THE PURCHASE OF AND GRANTING AUTHORITY TO LIST AND SELL MILLER RANCH UNIT 69 MARBLE F129,EDWARDS,EAGLE COUNTY, COLORADO UPON ACQUISITION OF THE SAME WHEREAS, Miller Ranch Unit 69 Marble F129, Edwards, Eagle County, Colorado (the "Unit")was acquired by lenders through foreclosure; and WHEREAS,the Unit was subject to a deed restriction to maintain the affordability of the Unit; and WHEREAS, Eagle County Housing and Development Authority("ECHDA") desires to preserve the deed restriction for the Unit; and WHEREAS,the ECHDA desires to submit a purchase offer to the lender; and WHEREAS,the ECHDA desires to authorize the expenditure of funds to complete the acquisition of the Unit and to authorize any commissioner of the ECHDA to execute documents that may be required to complete the acquisition of the Unit; and WHEREAS,upon acquisition of the Unit, ECHDA desires to list the Unit for sale through The Valley Home Store; and WHEREAS,upon approval of the listing agreement and upon approval of a sale agreement for the Unit in an open meeting, the ECHDA desires to authorize any of its commissioners to execute any documents associated with the sale and closing of the Unit. NOW,THEREFORE, BE IT RESOLVED BY THE COMMISSIONERS OF THE EAGLE COUNTY HOUSING AND DEVELOPMENT AUTHORITY: THAT,the expenditure of funds is hereby authorized to complete the acquisition of the Unit. THAT, any commissioner of the ECHDA is hereby authorized to execute documents that may be required to make an offer and to complete the acquisition of the Unit. THAT,upon acquisition of the Unit, ECHDA desires to list the Unit for sale through The Valley Home Store. THAT,the listing agreement for the Unit and any future purchase and sale agreement for the Unit will be considered or ratified in an open meeting. THAT,upon approval of a listing agreement and upon approval of a purchase and sale agreement for the Unit, the ECHDA desires to authorize any of its commissioners to execute any documents associated with the sale and closing of the Unit. THAT this Resolution is necessary for the health, safety and welfare of the people of Eagle County, Colorado. MOVED, READ AND ADOPTED by the Commissioners of the Eagle County Housing and Development Authority, at its regular meeting held this /flay of 013. EAGLE COUNTY HOUSING AND DEVELOPMENT AUTHORITY By. ,'� +'. Sara J. Fi , Chairm * By air* ha . Ry. Commiss'. r rrl rrda By: . L./. _A . . ..0 a:% /� Kathy C dler-Henry, Commissioner Sc -<at 0-(�U(CI" rn'tii i%0.!5 Commissioner / seconded adoption of the foregoing resolution. The roll having been called, the 'ote was as follows: Commissioner Fisher Commissioner Ryan Commissioner Chandler-Henry Gip This Resolution passed by -3/0 vote of the Commissioners of the Eagle County Housing and Development Authority. 2