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HomeMy WebLinkAbout951223.tiffRESOLUTION RE: APPROVE TERMINATION OF AGREEMENT FOR SALE AND PURCHASE OF REAL ESTATE AND AUTHORIZE CHAIRMAN TO SIGN WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with a Termination of Agreement for Sale and Purchase of Real Estate between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Vatos, LLC, and WHEREAS, after review, the Board deems it advisable to approve said Termination of Agreement, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Termination of Agreement for Sale and Purchase of Real Estate between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Vatos, LLC, be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said Termination of Agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 12th day of June, A.D., 1995. BOARD OF COUNTY COMMISSIONERS LD COUNTY, C LO ; j DO Weld County Clerk to the oard /' BY: /, ;( z Jf7. 1 / 1t DeputyClerko the`9(iard_ / Georget. Baxter W. H. Webster Constance L. Harbert 951223 PR0012 «.: Ai; At; cm; Ups TERMINATION OF AGREEMENT FOR SALE AND PURCHASE OF REAL ESTATE THIS TERMINATION OF AGREEMENT is made this ,2 % day of May, 1995 by and between the County of Weld, a body corporate and politic in the State of Colorado, by and through the Board of County Commissioners of Weld County, Colorado, whose address is 915 Tenth Street, Greeley, Colorado 80631, hereinafter referred to as "County," and Vatos, L.L.C., whose address is 1305 Eighth Street, Greeley, Colorado 80631, hereinafter referred to as "Vatos." WITNESSETH: WHEREAS, on December 31, 1994, County and Vatos entered into an agreement for the sale and purchase of certain real estate located in Weld County's North Business Park, with a copy of said agreement being attached hereto, and WHEREAS, for various business reasons Vatos does not wish to pursue the purchase of said real estate and County does not wish to pursue said sale, and WHEREAS, the parties hereto agree that it is in their mutual best interests to terminate said Agreement for Sale and Purchase of Real Estate. NOW, THEREFORE, the parties hereto, County and Vatos, hereby agree to terminate their Agreement for Sale and Purchase of Real Estate dated December 31, 1994, a copy of which is attached hereto, as of the date of the signing of this Termination as set forth below. SIGNED this oil day of May, 1995. ATTES CLERK TO THE BOAR F COUNTY COMMIS K) S BY: Deputy Clerk to Cie 'Board M:\ W PFILES\AGREE\BATOSTRM.GIB COUNTY OF WELD, A BODY CORPORATE AND POLITIC OF THE STATE OF COLORADO, BY AND THROUGH THE BOARD OF COUNTY COMMISSIONERS OF WELD COUNTY, COLORADO BY:, Dale K. Hall, Chairman Vatos, L.L.C..] -glieeB Ma ember ocohAkis 951223 Hello