TOWN OF SNOWMASS VILLAGE ORDINANCE

81615 | 01/18/2021 | Ad id: 8-0000653888-01
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TOWN OF SNOWMASS VILLAGE
ORDINANCE NO. 16
SERIES OF 2020

ORDINANCE SUMMARY

AN ORDINANCE OF THE TOWN COUNCIL OF THE TOWN OF SNOWMASS VILLAGE, COLORADO, APPROVING AND DIRECTING THE EXECUTION AND DELIVERY BY THE TOWN OF A SITE LEASE AGREEMENT TO BE ENTERED INTO BETWEEN THE TOWN AS LESSOR AND ZIONS BANCORPORATION, N.A. AS LESSEE, A LEASE AGREEMENT TO BE ENTERED INTO BETWEEN THE ZIONS BANCORPORATION, N.A. AS LESSOR AND THE TOWN AS LESSEE, AND OTHER DOCUMENTS INCIDENTAL THERETO, ALL FOR THE PURPOSE OF FINANCING A PORTION OF THE COST OF ACQUIRING, IMPROVING AND EQUIPPING SNOWMASS INN AND THE EXECUTION AND DELIVERY OF OTHER DOCUMENTS INCIDENTAL THERETO; AND AUTHORIZING AND APPROVING THE TAKING OF ALL OTHER ACTIONS NECESSARY OR APPROPRIATE FOR THE CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED BY THIS ORDINANCE

FIRST READING OF THIS ORDINANCE WAS APPROVED AT THE REGULAR MEETING ON OCTOBER 19, 2020. WITH A MOTION BY COUNCIL MEMBER SIRKUS, SECONDED BY COUNCIL MEMBER SHENK, AND UPON A VOTE OF 5 IN FAVOR AND 0 OPPOSED.

SECOND READING OF THIS ORDINANCE WAS APPROVED AT THE REGULAR MEETING ON NOVEMBER 02, 2020. WITH A MOTION BY COUNCIL MEMBER SHENK, THE SECOND OF COUNCIL MEMBER GOODE UPON A VOTE OF 5 IN FAVOR AND 0 OPPOSED.

THIS ORDINANCE WILL GO INTO EFFECT ON NOVEMBER 17, 2020. A COPY OF THIS ORDINANCE IS AVAILABLE IN FULL TEXT FOR PUBLIC REVIEW AT THE SNOWMASS VILLAGE TOWN CLERK'S DEPARTMENT, 130 KEARNS ROAD, SNOWMASS VILLAGE, COLORADO 81615.

Rhonda B. Coxon, CMC
Town Clerk

First Reading was and Posted Published in the Snowmass Village Sun Newspaper on November 17, 2020 and again on January 17, 2021 in the Aspen Times.
Second Reading was Posted and Published in the Snowmass Village Sun Newspaper on November 17, 2020

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Published in the Aspen Times on January 18, 2021. 0000653888