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<br /> RESOLUTION NO. 2 <br /> Series 1989 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br /> LOUISVILLE DESIGNATING THE "CITY REPRESENTATIVE" TO ACT <br /> ON BEHALF OF THE CITY UNDER THE GOLF COURSE LEASE <br /> PURCHASE AGREEMENT, THE GROUND LEASE AGREEMENT, AND THE <br /> MORTGAGE AND INDENTURE OF TRUST. <br /> WHEREAS, the City has entered into a Ground Lease Agreement <br />with the City of Louisville as Landlord and the Louisville <br />Building Authority as Tenant dated June 1, 1988; and <br /> WHEREAS, the Louisville Building Authority has entered into <br />a Mortgage and Indenture of Trust to the Central Bank of Denver <br />as Trustee dated June 1, 1988; and <br /> WHEREAS, the Louisville Building Authority has entered into <br />a Golf Course Lease Purchase Agreement with the Louisville <br />Building Authority as Sublessor and the City of Louisville as <br />Sublessee, da ted June l, 1988 all of said transactions involving <br />the Coal Creek Golf Course property; and <br /> WHEREAS, the City is required to designate a "City <br />Representative" to act on behalf of the City for the purpose of <br />performing certain acts pursuant to those documents, specifically <br />including, without limitation, requests for partial releases for <br />utility easements; <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the <br />City of Louisville, Colorado: <br /> That David C. Stahl, City Administrator for the City of <br />Louisville, be designated as "City Representative" pursuant to <br />the Ground Lease Agreement, the Mortgage and Indenture of Trust, <br />and the Golf Course Lease Purchase Agreement, to act on behalf of <br />the City for the purposes of performing any act pursuant to those <br />instruments, specifically including, but not by way of <br />limitation, to request and execute partial releases for utility <br />easemerlts. <br />