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TC Minutes 02-07-19900 MINUTES OF THE SPECIAL COUNCIL OF THE TOWN OF 7, 1990 - 12:00 NOON • MEETING OF THE TOWN AVON, HELD FEBRUARY A Special Meeting of the Town Council of the Town of Avon, Colorado, was held in the Municipal Building, 400 Benchmark Road, Avon, Colorado, in the Council Chambers. The meeting was called to order by Mayor Nottingham at 12:04 p.m. A roll call was taken with Mike Bennett, Gloria McRory, Jim Stovall and Jerry Davis present. Councilman Reynolds arrived 12:33 p.m. Councilman Garton was absent. Also present were Town Attorney John Dunn, Town Manager Bill James, Director of Community Development Rick Pylman, Town Clerk Patricia J. Doyle, as well as members of the press and public. The Town Manager recommended that the Town Council retire into executive session to discuss land negotiations. Councilman Davis moved that the Town Council recess into executive session to discuss land transactions. The motion was seconded by Councilwoman McRory and was unanimously carried. The Council recessed into executive session at 12:06 p.m. and reconvened at 12:53 p.m. The Mayor stated that the Town Council was ready to act on a Contract of Sale of the Nottingham Ranch properties. He stated that the details would be announced in a press release to the press as soon as possible, after the conclusion of this meeting. Councilman Davis moved approval to ratify the contract with William E. Nottingham for the purchase of the Nottingham Ranch 160-acres for a figure of $5.5 million. The motion was seconded by Councilman Reynolds and was unanimously carried. There being no further-business to come before the,Council',. Councilman Davis moved to adjourn., The motion was seconded, by Councilman'Bennett. The meeting was adjourned by Mayor Nottingham at 1:00•p.m.' r -2-