TC Res. No. 1979-226 i
RESOLUTION NO. 22
SERIES OF 1979
WHEREAS, the Town of Avon has executed a Sub-
divider's Agreement 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, it has come to the attention of both
the Town of Avon and Wildridge Development Company that a
plan involving certain specified lots will be more efficient
and practical to administer than the plan outlined in the Sub-
divider's Agreement; and
WHEREAS, the Wildridge Development Company has
specifically requested that the Town accept as collateral
Lots 1-91, Block 4, Wildridge; and
WHEREAS, the Town Council has satisfied itself
that the value of the proposed collateral is sufficient
to satisfy the purpose for which it is being held,
NOW, THEREFORE BE IT HEREBY RESOLVED BY THE
TOWN COUNCIL OF THE TOWN OF AVON, COLORADO, THAT:
The Subdivider's Agreement shall be amended to
show as collateral Lots 1-91, Block 4, Wildridge
or such other collateral as the Town and the Developer
may agree to in the future.
DATED THIS DAY OF OCTOBER, 1979.
Mayo
ATTEST:
Town Clerk