HomeMy WebLinkAboutR19-016 Approving Use of Funds for Centurylink Parcel Commissioner 56...04H►,K—kt-- moved adoption
of the following Resolution:
EAGLE COUNTY HOUSING AND DEVELOPMENT AUTHORITY
COUNTY OF EAGLE,STATE OF COLORADO
RESOLUTION NO. 2019- 0( i
RESOLUTION APPROVING THE USE OF FUNDS FOR ACQUISITION OF THE
CENTURYLINK PARCEL LOCATED IN EAGLE COUNTY,COLORADO AND
AUTHORIZING ANY EAGLE COUNTY HOUSING AND DEVELOPMENT
AUTHORITY BOARD MEMBER TO EXECUTE ALL DOCUMENTS NECESSARY TO
EFFECTUATE THE CLOSING OF THE PURCHASE
WHEREAS, the Eagle County Housing and Development Authority("ECHDA") was
formed to provide innovative, affordable housing solutions to the working people, elderly and
disadvantaged members of the Eagle County community;and
WHEREAS, ECHDA is under contract to purchase a parcel of land from Centurytel
Televideo,Inc. ("CenturyLink")located at 766 Castle Drive, Eagle,Colorado("CenturyLink
Parcel");and
WHEREAS,the CenturyLink Parcel is adjacent to existing land owned by Eagle County
and may be developed in conjunction with the West Eagle area Master Plan in the future;and
WHEREAS, the purchase price of the CenturyLink Parcel is$245,000.00,and the costs
of acquiring the CentuiyLink Parcel include,but are not limited to,the purchase price,closing
costs,title insurance and the like, estimated at$5,000.00; and the cost of relocating certain
easement facilities currently located on the CenturyLink Parcel in an amount not to exceed
$20,000; and
WHEREAS, the closing of the purchase of the CenturyLink Parcel ("Closing") is
expected to occur on or before April 1, 2019;and
WHEREAS,the Board of Commissioners of the ECHDA("Board")desires that all
documents necessary to effectuate the Closing are timely signed by the ECHDA.
NOW, THEREFORE BE IT RESOLVED by the Board of the ECHDA, County of Eagle State
of Colorado:
THAT, Eagle County Housing and Development Authority funds designated for use for
new housing inventory may be used to fund the acquisition costs of the CenturyLink Parcel;and
THAT,the Board authorizes any Board Member to execute on its behalf any and all
necessary documents,instruments,papers or other forms necessary for the consummation of the
purchase of the CenturyLink Parcel. Such documents may include, but shall not be limited to,the
easement agreements, closing authorization and instructions, settlement statements, as well as
any other necessary documents which in the opinion of staff are required or desirable.
THAT,the Board finds, determines and declares that this Resolution is necessary for the
public health,safety and welfare of the citizens of Eagle County, State of Colorado.
MOVED READ AND ADOPTED by the Board of Eagle County Housing and Devello ment
Authority of the County of Eagle, State of Colorado,at its regular meeting held the l IP day
of IAM4f1_ ..N ,2019
EAGLE COUNTY HOUSING AND
DEVELOPMENT AUTHORITY,By and Through
11.041ooG its BOARD OF COUNTY COMMISSIONERS
itATTEST: ? : '�
kta cow" By. Vyl�
Clerk to the Board of e McQueeney
— D�c.�vi' Co Commissioners Chair
• Kathy C k dler-Henry
Commissioner /
Matt Sc
Comma signer
Commissioner G4",p(Am.,_ • ecoi ded adoption of the foregoing resolution. The roll
having been called,the vote was as follows:
Commissioner McQueeney A-K
Commissioner Chandler-Henry 14-4
Commissioner Scheer
•
This resolution passed by ` 0 vote of the Board of the Eagle County Housing
and Development Authority.