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TC Minutes 01-27-19810 9 MINUTES OF THE REGULAR MEETING OF THE TOWN OF AVON, COUNCILMEMBERS HELD JANUARY 27, 1981 - 7:30 P.M. The regular meeting of the Town Councilmembers of the Town of Avon, Colorado was held in the Town Offices, second floor, Benchmark Shopping Center, Avon. The meeting was called to order by Mayor Alpi at 8:00 p.m. A roll call was taken with all the Councilmembers in attendance with the exception of Shelia Davis who was absent. Also present were Town Attorney John Dunn as well as members of the press and public. First on the agenda was Bruce Wyman, Director of Park and recreation for the Town of Avon. He approached the Council with his proposal for the park budget for 1981 and the projects he would like to institute. Mr. Wyman presented to the Council a list of the projects, the athletic field, tennis courts, volley ball court, bike path, childrens play area and park benches. The estimates came to a total of $203,000. He stated besides the lake, he sees the athletic field as the whole center of the park. At that point Mr. Charlie Penwell with VA, Director of recreation planning for Beaver Creek approached the Council and stated to the Council why the athletic field would be important. He stated 1) that of all the facilities that could be put in the park, that would be the one facility that would service a wide cross section of the population in every age group, 2) it would accomodate a wide variety of activities, 3) it would produce an employee oriented public facility and 4) it would be a very big ticket item. Mr. Marty Walker approached the Council. He is a resident of Evergreen, Colorado, a North American Soccer League Professional Referee. He also stated why he would be in favor of such a facility. After discussion Jim Wells moved approval to adopt the budget for the remaining expenditures on the park for 1981-1982, that they combine the two game courts, a total of $90,000, $22,000 one he bike paths, $75-,000 on the tennis courts, $25,000 on the sand play lot area, leave the picnic shelters and facilities at $40,000, the asphalt and parking at $40,000 and the fishing piers at $8,000 which totals to the amount of $300,000, this year that they do the game courts, asphalt trails, the four tennis courts, the sand play lot area and the park benches, seconded by Hugh Price and was unanimously carried. It was requested that the Town Clerk research the Design Review Board Minutes so see if Sunridge did indeed contribute $30,000 toward tennis courts for the park and recreation for the Town of Avon. Second reading of Ordinance No.#81-1, Series of 1981, AN ORDINANCE ADOPTING A SIGN CODE FOR THE TOWN OF AVON; PROVIDING DEFINITIONS AND REGULATIONS; ESTABLISHING A PERMIT SYSTEM PROVIDING PENALTIES FOR VIOLATION THEREOF; AND SETTING OUT ADDITIONAL DETAILS IN RELATION THERETO. There was some discussion and corrections on this Ordinance. On page 4, change "on" to "of", change "borker" to "broker", page 5, change "greater" to "less". It was agreed by the Council to table this Ordinance until it was researched by the Town Attorney on the legality of the Ordinance. Steve Erickson moved to table Ordinance No.#81-1, Series of 1981 until the meeting of February 10, 1981. The motion was seconded by Bill Doyle and was unanimously carried. • C Larry Goad with Wildridge Development Company approached the Council with a summary of the 1981 Wildridge improvements and the Town's collateral position. It was noted that A.J. Wells stepped down. Wildridge Development Company was requesting the release of 32 additional lots in Block#4. The collateral left with the Town would be 51 lots.., After discussion Steve Erickson moved approval of Resolution No.#81-1, Series of 1981 as it stands, seconded by Hugh Price and was carried with A.J. Wells and Allan Nottingham abstaining. A COPY OF THIS RESOLUTION IS ATTACHED TO THESE MINUTES. The Mayor reported that the bus service would continue. The dog control was discussed. Norman Lamb with the Vail Medical Clinic approached the Council. He was requesting a contribution from the Town of Avon to help the hospital with their operational deficits. After discussion Steve Erickson moved approval to donate $10,000 to the Vail Medical Clinic, seconded by A.J. Wells and was unanimously carried. Financial matters were next presented to the Council. A.J. Wells moved approval of the Accounts Payables after adding the $10,000 for the Vail Medical Clinic, seconded by Hugh Price and was unanimously carried. The minutes of January 13th meeting was next presented to the Council. Hugh Price moved approval of the January 13th minutes with these corrections, "Hugh" and on page 2 add "be". The motion was seconded by A.J. Wells and was unanimously carried. The Draft Ordinance regarding the Uniform Codes was discussed. This Ordinance was drafted by Tyree and Associates. It was agreed that before any action was taken on the Ordinance that the Town Attorney study it and maybe modify it somewhat. George Rosenberg representing the owners of Lot#13, Block#l, Benchmark at Beaver Creek subdivision approached the Council. Mr. Rosenberg was advised by Mr. Isom of I-Plan that the Design Review Board had refused them to proceed any further on the master plan for Lots#ll, 12 and 13, Block#l and had refused to let them proceed with the matters relating to the restoration of the existing building on Lot#13. Mr. Rosenberg stated that the reason for him appearing before -the Council was to get an answer why the Design Review Board would not let them proceed. John Dunn Town Attorney stated that until the matter of the first phase was resolved that the Town should not consider the additional phases. Mr. Rosenberg, at that point, stated that they were distinctly separate matters and he was appealing to the Council that they override the decision of the Town Attorney. Councilman Erickson stated that to his knowledge they had only received a contingent certificate of occupancy(C.O.) some months ago and that those contingencies have-.-.not yet been completed. Councilman Doyle suggested that the Council let them go ahead and finish the existing building, fix the switch back in the driveway and put in the landscaping. Councilman Erickson suggested that they come back with a time frame to the Design Review Board and if it was acceptable with them,-let them go ahead with their completion of the building, if the time frame was not acceptable Lnen continue with the law suit. The Town Attorney agreed to take no further action with respect to the law suit until he would be instructed otherwise. -2- • • Councilman Erickson requested to let the minutes show that the Council would like specific dates on when the contingent C.O. requirements would be met and dates that would be acceptable to the Town, the Design Review Board and the Town Council and that no building permits would be granted until these requirements are met. It was noted that A.J. Wells abstained from this item. There being no further business, Steve Erickson moved that the Council adjourn and A.J. Wells seconded the motion. The meeting was adjourned by Mayor Alpi at 11:05 p.m. Respectfully Submitted: Town Clerk -3- r Recorded at..* O'clock M................... 0.. Reception No KNOW ALL MEN BY TiIESE PRESENTS, That, Whereas, Wildridge Development Company, a partnership of Avon, Colorado by Deed of Trust dated the 11th day of October 1979 , and duly recorded in the office of the County Clerk and Recorder of the County of Eagle in the State of Colorado, on the 17th day of October 19 79, in Book 292 at Page 856 (film No. , reception No. 189253 conveyed to the Public Trustee in said Eagle County, certain property in said Deed of Trust described in trust to secure to the order of Town of Avon, Colorado the payment of the indebtedness mentioned therein. Recorder. AND, WHEREAS, said indebtedness has been partially paid and the purposes of said trust have been partially satisfied NOW, THEREFORE, at the request of the legal holder of the indebtedness secured by said Deed of Trust, and in consideration of the premises, and in further consideration of the sum of Five Dollars to me in hand paid, the receipt whereof is hereby acknowledged, I, as the Public Trustee in said Eagle County, do hereby remise, release and quit-clairn unto the present owner or owners of the property hereinafter described and unto the heirs, successors and assigns of said owner or owners forever, all the right, title and interest which, I, as such Public Trustee have in and to that part and portion of the property, set forth and described in the aforesaid Deed of Trust, described as follows, to wit: Lots 16, 21, 43, 53, 57, 64, 65, 66, 67, 68, 69, 84, 85, 86, 87 and 88 of Block 4, Wildridge Subdivision as per the recorded plat thereof as recorded in Book 303 at Page 466, County of Eagle, State of Colorado situate, lying and being in the State of Colorado. County of Eagle and TO HAVE AND TO HOLD the same, together with all and singular the privileges and appur- tenances thereto belonging forever. And further, that, as to the above described property, the said Trust Deed is to be considered as fully and absolutely released, cancelled and forever discharged. Witness my hand and seal this STATE OF COLORADO, County of day of As the Public Trustee in said ss. The foregoing instrument was acknowledged before me this ,19 ,by as the Public Trustee in the said County of , Colorado. My Co111nllsslon expires Witness my hand and Official seal. day of Notary Public. To the Public ''rustee in said County of Please execute this release, the indebtedness secured by the above mentioned Deed of Trust having been partially paid and satisfied. Town of Avon, State of Colorado ATTEST: The gel holder of the indebt lness secured by said Dced of Trust. Town Clerk •In counties where book`\ nd page umbers have been abolished. ,19 (SEAL) County of No. 927. 1'All'IT RELEASE OF DEED OF TRUST 13Y '1'IIE PUBLIC 'I'RUSTEF,. 11radfurd Publishing Co., 15163 Wcst 44th Avenue. Golden. Colorado 80401 -(303) 278-0644-4-80 s • RESOLUTION N0. 81-1 SERIES OF 1981 WHEREAS, the Town of Avon has executed a Subdivision Improvements Agreement dated July 10, 1979, with Wildridge Development Company which agreement provides for the Town of Avon to hold certain unsold parcels of land as collateral pending the completion of the installation of certain utilities and roads; and WHEREAS, Wildridge Development Company has previously given to the Town of Avon a deed of trust on all of Block 4 in Wildridge Subdivision; and WHEREAS, Wildridge Development Company has previously given the Town of Avon a deed of trust on all of Block 5, Wildridge Subdivision; and WHEREAS, Wildridge Development Company, pursuant to Paragraph 2(d) of said Subdivision Improvements Agreement, has provided to the Town of Avon an up-to-date accounting of the costs of the required improvements, the costs of construction already completed and the estimated remaining costs of said improvements, as well as an up-to-date calculation of the amount of collateral required and needed by the Town of Avon, all as set forth on Exhibit A attached hereto and incorporated herein; and WHEREAS, the Town of Avon has previously agreed to release twenty-nine (29) lots from Block 4 per Resolutions Number 10 and 15, Series of 1980, all of which have been actually released at this time; and WHEREAS, Wildridge Development Company continues to market certain of the lots in Block 4; and WHEREAS, Wildridqe Development Company has requested the Town of Avon to release an additional thirty-two (32) of said lots in Block 4 as said lots are sold based on credits for construction costs paid during August, September, October, November and December, 1980, and WHEREAS, the Town Council has satisfied itself that the value of the remaining collateral in Blocks 4 and 5, Wildridge Subdivision, after thirty-two (32) additional lots in Block 4 are released by the Town of Avon, is sufficient to satisfy the purposes for which said collateral is being held. NOW, THEREFORE, be it hereby resolved by the Town Council of the Town of Avon, Colorado: The Subdivision Improvements Agreement referred to above shall be amended to show as collateral Blocks 4 and 5, Wildridge Subdivision, less thirty-two (32) additional lots in Block 4 which will be released by the Town of Avon as sales of said lots are made by Wildridge Development Company, or such other collateral as the Town and Wildridge Development Company may mutually agree upon from time to time. t: EXECUTED this,,~7 klay of January, 1981. ATTEST: 1l, Town erk EXHIBIT A WILDRIDGE SUBDIVISION CALCULATION OF COLLATERAL FOR TOWN OF AAN AS OF JANUARY 1,1981 COLLATERAL NEEDED Roads, Drainage & Revegetation, Sewer Electrical Engineering, Staking & Platting Telephone Estimated Actual Estimated Balance to Construction Balance to Complete Payments Aug- Complete 8-01-80 ust thru Dec. 1-01-81 $ 1,429,950 917,566 ) $ 512,384 1,416,424 ( 750,277 ) 666,147 328,201 ( 139,305 ) 188,896 263,526 ( 191,723 ) 91,803 389,776 ( 9,282 ) 380,494 $ 3,827,877 Balance to be Collateralized $(1,988,153 ) Average Sales Price for 222 Lots Sold in Blocks 1-4 Approximate Number of Lots Needed by Town (A) (B) COLLATERAL PRESENTLY HELD AND REQUESTED CHANGE 57 Lots in Block 4 After Previously Authorized Releases at Average of $61,358 26 Lots in Block 5 at Average of $61,358 TOTAL Less 32 Additional Lots In Block 4 Requested to be Released Total to be held by Town (51 X $61,358) $1,839,724(A) $ 61,358(8) ;n $3,497,406 1.595.308 $5,092,714 (1,963,456) $3,129,258