TC Ord. No. 1996-13 Amending Chapters 3.12 of the Avon Muni CodeTOWN OF AVON
ORDINANCE NO. 96 -13
AN ORDINANCE AMENDING CHAPTER 3.12 OF THE MUNICIPAL
CODE OF THE TOWN OF AVON AS IT RELATES TO EXEMPTIONS
FROM THE REAL ESTATE TRANSFER TAX
BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF AVON
as follows:
Section 1. Amendment. Subsection 2 of Section
3.12.060(0) of Chapter 3.12, Title 3 of the Municipal Code of the
Town of Avon is amended to read as follows:
112. An application for exemption is filed with the
town manager prior'to payment of the tax, which application is
accompanied by (a) an affidavit that the real property is being
purchased for use as a primary residence and not for investment
or resale and (b) a promissory note in the amount of the tax
otherwise owing and providing that the tax and the promissory
note shall be due and payable in full in the event of resale of
the property within one year after closing."
INTRODUCED, PASSED ON FIRST READING, APPROVED AND ORDERED POSTED,
this 23rd day of July, 1996, and a public hearing on this
Ordinance shall be held at the regular meeting of the Town
Council of the Town of Avon, Colorado on the 13th day of August,
1996 at 5:30 P.M. in the Municipal Building of the Town of Avon,
Colorado.
INTRODUCED, PASSED ON SECOND READING, APPROVED AND ORDERED POSTED
this 13th day of Aucpst, 1996.
) x il,
ATTT9T : aya
Town Clerk
AP ROVED AS TO FORM:
t
To Attorney
STATE OF COLORADO a
COUNTY OF EAGLE a SS
TOWN OF AVON �
NOTICE IS HEREBY GIVEN OF A PUBLIC �ISARIN�G BEFOraE THE T{.)I»�N
COUNCIL OF THE TOWN OF AVON, COLORADO AT 5:30 P . M . ON THE 13TH
DAY OF AUGUST, 1996, AT THE TOWN MUN I C- I PAL BUILDING FOR THE
PURPOSE OF CONSIDERING THE ADOPTION OF ORDINANCE NO. 96 -13
SERIES OF 1996:
AN ORDINANCE AMENDING CHAPTER 3.12 OF THE MUNICIPAL CODE
OF THE TOWN OF ANON AS IT RELATES TO EXEMPTIONS FROM THE
REAL ESTATE TR.NNSFER TAX
A copy of said Ordinance is attached hereto, and is also on file
at the office of the Town Clerk, and may be inspected during
regular business hours.
Following this hearing, the Council may consider final passage of
this Ordinance.
This notice is given and posted by order of the Town Council of
the Town of Avon, Colorado
Dated this 25th day of July, 1996.
TCIWN OF AVON, COLORADO
BY:
Patty La ert, CMC
Town Clerk
POSTED AT THE FOLLOWING PUBLIC PLACES WITHIN THE TOWN OF AVON ON
JULY 25, 1996;
EAGLEBEND APARTMENTS - CLUBHOUSE LAUNDRY;
CITY MARKET IN THE MAIN LOBBY
COASTAL MART, INC.; AND
AVON MUNICIPAL BUILDING IN THE MAIN LOBBY