HomeMy WebLinkAboutR91-096 redemption of certificates for tracts a,b,c,e,f,g and J Glen LyonT.
commissioner (2 q 54" � Z) A) moved adoption
of the following Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 91 - If9
CONCERNING REDEMPTION OF CERTIFICATES OF PURCHASE FOR
TRACTS A, B, C, E, F, G, and J, GLEN LYON SUBDIVISION
WHEREAS, in 1978, Gore Creek Associates (hereinafter "Subdivider),
by its plat filed February 22, 1978, dedicated "for public use" Tracts
B, C, D, E, F, G, H, J, and K of the Glen Lyon Subdivision; and
WHEREAS, Subdivider has asserted its intention that Tracts B,
C, D, E, F, G, H, J and K would transfer to the ownership of the
Town of Vail, within whose boundaries the Subdivision lies, by virtue
of said plat dedication; and
WHEREAS, real property taxes have been levied against the Tracts
for tax years 1978 through 1987, except for Tracts D and K; and
WHEREAS, Subdivider's remaining interest, if any, in Tracts
A, B, C, E, F, G, and J, (hereinafter "the Tracts ") was conveyed
to the Town of Vail by Quit Claim Deed recorded March 17, 1988, at
which time the Tracts were removed from the assessment rolls pursuant
to C.R.S. 39 -3 -105. Tract H remains in the name of the Subdivider;
and
WHEREAS, the taxes assessed against the Tracts, as well as
Tract H, have remained unpaid for tax years 1982 through 1987, and
have been sold at tax sale; and
WHEREAS, the holders of certain of the certificates of purchase
have applied to the Treasurer for Treasurer's Deeds; and
WHEREAS, after discussion with the Subdivider and with the Town
of Vail, the Board of County Commissioners of Eagle County, Colorado
(hereinafter "the Board ") , finds that the Tracts have been used by
the general public since 1978, and that the Tracts have not provided
any special benefit to any private individual since that time, and
that the Tracts have been public property for all intents and purposes
since 1978, and should not have been included on the assessment rolls;
C
WHEREAS, the Board and the Town of Vail determine that it is
in the best public interest to redeem the certificates of purchase
for the Tracts (excluding Tract H which remains in the ownership
of Subdivider), the Board to pay one -half and the Town to pay one -
half of the interest due the certificate holders at the usual rate
paid to certificate holders upon redemption.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO:
THAT, the Board shall reimburse the purchasers of the tax liens
sold for tax years 1982 through 1987. Reimbursements shall be made
from the various funds to which the tax was originally distributed;
except that the County's share (one -half) of the interest shall be
paid from the County general fund, interest to be calculated pursuant
to C.R.S. 39 -12 -103, as amended, at the following rates:
Year Percentage Rates
1983 180
1984 18%
1985 17%
1986 15%
1987 15%
1988 150
Redemptions are as follows:
Certificate Total
Schedule ,6
number Principal
0021857
1983 -0567 $
50.05
0021857
1987 -0555
47.76
0021858
1983 -0568
217.29
0021858
1986 -0695
204.98
0021895
1983 -0569
46.91
0021895
1984 -0477
43.16
0021861
1983 -0570
27,09
0021862
1983 - 0571
26.04
0021862
1984 -0478
25.21
0021862
1985 -0611
30.94
0021863
1983 -0572
23.95
0021863
1985 -0612
27.82
0021864
1983 -0573
25.00
0021864
1985 -0613
28.75
98.34
$
824.95
`(one -half
interest = $973.50)
-2-
Sub -Ta:c
Interest
Total
90.71
$ 176.02
$ 316.78
- - --
29.25
77.01
534.40
886.87
1,638.56
- - --
1.56.30
361.28
107.60
171.80
326.31
- - --
55.03
98.19
106.07
122.74
255.90
- - --
37.89
63.93
- - --
32.14
57.35
23.09
50.61
104.64
23.32
64.58
111.85
24.97
49.06
101.85
24.26
67.31
116.57
22.19
47.40
98.34
$ 956.61 $1,947.00* $3,728.56
f
THAT, the Eagle County Budget Officer and the Eagle County
Treasurer are hereby directed to take all actions necessary to
effectuate this resolution.
MOVED, READ AND ADOPTED by the Board
e County of Eagle, State of Colorado,
e _�� day of November, 1991.
of County Commissioners
at its regular meeting
COUNTY OF EAGLE, STATE OF COLORADO,
By and Through Its BOARD OF COUNTY
COMMISSIONERS
By:
George V. Gates, Chairman
DonaTE H. We c , Commissioner
Commissioner Aq-7-e`c, seconded adoption of
the foregoing resolution. The roll i" vinlg been called, the vote
was as follows:
Commissioner George A. Gates c�
Commissioner Richard L. Gustafson w
Commissioner Donald H. Welch
This Resolution passed by _ 7 vote of the Board of County
Commissioners of the County of Eagle, State of Colorado.
91 -U
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