HomeMy WebLinkAboutR80-01 Industrial Revenue Bonds for Sports FacilityRESOLUTION
OF
THE BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 80 - i
INDUSTRIAL REVENUE BONDS - BEAVER CREEK SKI AREA PROJECT - RETENTION OF FREDRICK OTTO
WHEREAS, in connection with the proposed issuance of the County's Sports Facility
Revenue Bonds pursuant to the Colorado County and Municipality Development Revenue
Bond Act, Section 29 -3 -101 et seq. C.R.S. 1973, as amended, in the principal amount
of fourteen million three hundred thousand dollars, the Board of County Commissioners,
County of Eagle, State of Colorado, hereinafter referred to as the "Board ", desires
to retain Mr. Fredrick Otto, of the law firm, Otto, Peterson and Post, as an
assistant to the County Attorney in the review of all relevant documents.
NOW, THEREFORE, be it resolved by the Board of County Commissioners, Countv of
Eagle, State of Colorado:
THAT, The Board hereby approves the retention of Mr. Fredrick Otto, of the law firm,
Otto, Peterson and Post, to assist the County Attorney, if and when necessary, in
the review of documents relative to the proposed issuance of the County's Sports
Facility Revenue Bonds;
THAT, said retention of Mr. Fredrick Otto is only for the purpose of assisting the
County Attorney and not as special counsel for the County in the proposed issuance
of said bonds;
THAT, any and all fees for services rendered by Mr. Otto and /or expenses incurred
by Mr. Otto relative to the proposed issuance of said bonds shall be paid by Beaver
Creek Associates, a Colorado corporation and wholly owned subsidiary of Vail
Associates, Inc. , a Colorado corporation; and shall not be considered a charge
against and /or an indebtedness of the County.
THAT, the Board hereby finds, determines and declares that this resolution is nec-
essary for the health, safety and welfare of the citizens of the County of Eagle,
Colorado.
MOVED, READ AND UNANIMOUSLY ADOPTED at a regular meeting of the Board of County
Commissioners, County of Eagle, State of Colorado, held this ij day of
January, 1980.
i
COUNTY OF EAGLE, STATE OF COLORADO
By and through it's
BOARD OF COUNTY COMMISSIONERS
0
ATTEST:
Dan Williams, Commissioner
Dale Grant, Chairman
�
Jerk of
the Board of
County Commissioners
Keith Troxel, Commissioner