HomeMy WebLinkAbout129 - 12/04/1990 - AUTHORIZING THE SALE OF CERTAIN REAL PROPERTY (BINGHAM HILL RESERVOIR) ORDINANCE NO. 129, 1990
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE SALE OF CERTAIN REAL PROPERTY
WHEREAS, the City of Fort Collins is the owner of that certain parcel of
real property located in Larimer County, Colorado, legally described on Exhibit
A, attached hereto and incorporated herein by this reference (hereinafter "the
Property") ; and
WHEREAS, the City Manager has previously entered into an Agreement of
Purchase and Sale of Real Property dated November 8, 1990, with Bruce A. Taylor
and Beverly J. Trulio, for the sale of the Property (hereinafter "the Agreement
of Purchase and Sale") ; and
WHEREAS, the Agreement of Purchase and Sale is contingent upon City Council
approval on or before December 18, 1990; and
WHEREAS, Section 23-111 of the Code requires that, prior to any sale or
other disposition of real property owned in the name of the City, the City
Council must find, by ordinance, that such sale or other disposition is in the
best interest of the City.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS
as follows:
1 . That the Agreement of Purchase and Sale is hereby approved.
2. That the sale and conveyance of the Property is in the best interests
of the City of Fort Collins.
3. That the Mayor be and she hereby is, authorized to execute a deed
conveying the Property to Bruce A. Taylor and Beverly J. Trulio pursuant to the
terms of the Agreement of Purchase and Sale.
Introduced, considered favorably on first reading, and ordered published
this 20th day of November, A.D. 1990, and to be presented for final passage on
the 4th day of December, A.D. 1990.
i
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 4th day of December, A.D. 1990.
Jtl All. `&,IY
Mayor
ATTEST:
0.
City Clerk
EXHIBIT A
Tracts or parcels of land situate, lying and being in the County of Larimer, and State of
Colorado, to-wit:
BEGINNING at survey corner No. O of Bingham Hill Reservoir site in the southeast
quarter (SE 1/4) of the northeast quarter (NE 1/4) of section thirty one (31), township
8 north, range 69 west, Larimer County, Colorado, from which the southeast (SE) corner
of said southeast (SE) quarter of the northeast quarter (NE 1/4) of section thirty one (31)
bears south sixty two degrees (62°) fifty nine minutes (59') east, 1306.1 feet; thence
north ten degrees (10°) twenty three minutes (23') east, 740 feet more or less, to an
intersection with the north line of said southeast quarter (SE 1/4) of the northeast quarter
(NE 1/4) of section thirty-one (31); thence east along the said north line of the southeast
quarter of the northeast quarter (SE 1/4 NE 1/4) of section 31, 416 feet to a point;
thence south eighty degrees (80°) eleven minutes (IF) east, 95 feet to a point; thence
south nine degrees (9°) twenty six minutes (26') west 170.5 feet to a point; thence south
seven degrees (7) twelve minutes (12') west, 303.1 feet to a point; thence south four
degrees (4°) thirty three minutes (33') east, 344.5 feet to a point; thence north eighty
one degrees (81°) twelve minutes (12') west, 612.5 feet to survey corner No. O, the
place of beginning, containing 9.60 acres more or less, as shown on the blue print hereto
attached and made a part hereof.