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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 fdy Yod or