TC Res. No. 2000-02RESOLUTION NO. 02
SERIES OF 2000
. A RESOLUTION AUTHORIZING A LETTER OF ENGAGEMENT OF BOND
COUNSEL AND NEGOTIATIONS RELATING TO THE PROSPECTIVE PURCHASE
OF 11 UNITS IN THE SHERWOOD MEADOWS TOWNHOMES
WHEREAS, the Town Council is interested in the Town (or the Town of Avon
Finance Authority) pursuing negotiations for the purchase of 11 units within the Sherwood
Meadows Townhouse Complex in-Avon, and
WHEREAS, the purchase of such units would supply much needed housing for
employees of the Town and be an important component in the Town's overall employee
housing strategy,
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF AVON, COLORADO:
Section L. The Town of Avon staff is authorized to engage the services of the Town's
bond counsel, for the purpose of obtaining financing related to the prospective purchase of
the above said units.
Section 2. The Town of Avon staff is authorized to engage the services of an
appraiser and to commission an environmental study pertaining to the said units.
Section 3. The Town of Avon staff is authorized to commence negotiations with the
owner of the said units.
ADOPTED this 11 day of January , 2000.
TOWN OF AVON, COLORADO
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