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HomeMy WebLinkAboutR02-044 approving contract to buy/sell re: Eagle Manor Limited Partnership,a Commissioner & ". -Q - - --Moved adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2002 RESOLUTION APPROVING CONTRACT TO BUY AND SELL REAL ESTATE DATED FEBRUARY 12, 2002 BETWEEN EAGLE COUNTY COLORADO, A BODY CORPORATE AND POLITIC AND /OR ASSIGNS AND EAGLE MANOR LIMITED PARTNERSHIP WHEREAS, Eagle County, Colorado ( "County") is a political subdivision of the State of Colorado ( "State "), duly organized and existing pursuant to the laws and the Constitution of the State; and WHEREAS, Eagle County is desirous of preserving existing housing for its elderly citizens; and WHEREAS, Eagle Manor Limited Partnership, the present owner of the Golden Eagle Elderly Apartments is prepared to sell said apartments pursuant to the terms and conditions of a Contract to Buy and Sell Real Estate dated February 12, 2002 (hereinafter "Contract ") WHEREAS, Eagle County desires to purchase the Golden Eagle Elderly Apartments pursuant to the terms and conditions of the Contract. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, the County hereby approves (nunc pro tunc February 12, 2002) the Contract to Buy and Sell Real Estate dated February 12, 2002, between Eagle County, Colorado, a body corporate and politic and/or assigns, and Eagle Manor Limited Partnership and authorizes the purchase of the following described property subject to the terms and conditions of the Contract: Lot 1B, Golden Eagle Elderly Housing, a resubdivision of Lot 1, Block 1, The Bull Pasture, according to the recorded plat thereof, recorded July 18, 1985, in Book 420 at page 259 as Reception No. 316528, as more fully described in the attached Exhibit A. ( "subject property") THAT, the Board hereby authorizes the Chairman of the Eagle County Board of County Commissioners to execute on behalf of County any and all necessary documents, instruments, papers or other forms necessary for the consummation of the sale of the property, including assumption of existing USDA loans, which documents may include assumption agreements, transfer of bank accounts, disclosure statements, settlement sheets as well as any other necessary documents which are required or desirable in connection with the purchase of the subject property and the closing of the transaction. THAT the Board hereby ratifies, confirms, and approves all actions taken to date in connection with the purchase of the subject property. THAT, this Resolution is necessary for the public health, safety and welfare of the citizenry of the County of Eagle, State of Colorado. MOVED, READ AND ADOPTED, by the Board of County Commissioners of the County of Eagle, State of Colorado, at its regular meeting held the APUL of 2002, Nunc Pro Tunc, February 12, 2002. Am M. Menconi, Commissioner —7 �__ E� &nf Tom C. tone, Commissioner Commissioner seconded adoption of the foregoing resolution. The roll having been called, the vo was as follows: Commissioner Gallagher _ Commissioner Menconi Commissioner Stone This Resolution passed by C3 vote of the Board of County Commissioners of the County of Eagle, State of Colorado. tr ,o r Id, Gold E El %rly Housing � Beginni -ng at a point on the Easterly line of said lot 1, 'said point also being on the! Westerly Right -of -Way Line of Capitol Street, from which the most Southerly Corner of said Lot 1 bears S.35 0 3332' 1 W. 286.51 feet distant; thence departing said Westerly Right - of - Way.Iine 3.86 - W. 40.15 feet; thence N.54 0 26'28 "W. 182.00 Nwt; tht-nc:t• N, 23 °7.f.'2R "W. '13:OQ Fac r(i a point on the Westerly line of said Lot 1; thence along said Westerly line the following two (2) courses: 1 14.35 °33'32 "E_ 151.33 feet 2: N.00 °33 '00 "W. 37.75 feet thence- departing said Westerly line N.89 89.50 feet; thence N,00 0 33'00 "W_ 108.00 feet; thence S.89 °27'00 "W. 89.50 feet to a point on the Westerly line of said Lot 1; thence along said westerly line N.00 °33'00"W. 65.00 feet to the most Northwesterly Cornt.•r of said Lo 1, said' point also being the Southwesterly Corner of Lot 62; thence. dlonc) the Northerly line of said Lot 1, b•!ing the same as the .Southerly line of Lots 62-and 63. N.89 0 27'00 "E. 146.17 feet to the Southeasterly Corner'of Lot 63; thence along the Easterly Line of Lot 63, N.00 °33'00 "W. 105.00 feet to a point on the Southerly Right -of -Way Line of Seventh Street; thence along said Southerly line N.89 0 27'00 "E. 60.78 feet to the Northwesterly Corner of Lot 64; thence along the Westerly line of Lot 64 the following tiro (2) courses: r) S.14"34'26 38. 1.1 feet 2) 5.00 0 33'00 "E. . 63_00 feer to the Southwesterly Corner of Lot 64; thence along the Southerly•liries of Locs 64, 65, 66 and 67 the following four (4) courses: 1) S.86 0 27'52 "E, 70.18 Peer 2) S.8Q °27 "E. 57.79 feet , 3) ; S.74 *27'52 "E. 55.15 Fe!rt 4) S.68 0 27'52 - E. 54_91 feer to the Southeasterly Corner of Lot 67, sa►d .point also being on the Westerly Right -of -Way Line of Capitol Street: thence along said Westerly line the following two (2) courses: 1) 38.46 feet a)anq th.c arc of a rtirve to the righr with a radius of 446.37 feet, the chute) ul which burs S.33 38,45 feet 2) S.35 '32"W. 495.04 feet to the point of beginning. Said, Lot L3 contains 3.190 acres, more or less. EXHIBIT "A"