HomeMy WebLinkAbout139 - 12/17/1991 - CONCERNING THE DISPOSITION OF REAL PROPERTY LOCATED 514-516 EAST STUART ORDINANCE NO. 139 , 1991
OF THE COUNCIL OF THE CITY OF FORT COLLINS
CONCERNING THE DISPOSITION OF REAL PROPERTY LOCATED
514-516 EAST STUART STREET
WHEREAS, the City has acquired the property located at 514-516 East Stuart
Street in Fort Collins, Colorado, in connection with the Stuart/Stover
Channelization Project ("the Project") ; and
WHEREAS, a duplex is located on the property and must be removed from the
property in order for the Project to be accomplished; and
WHEREAS, Section 23-Ill of the City Code requires the City Counci1 ' s
authorization, by ordinance, to sell , convey or otherwise dispose of any and all
interests in real property owned in the name of the City, provided the City
Council first finds that the sale or other disposition is in the best interests
of the City; and
WHEREAS, the City wishes to offer the duplex for sale as an alternative to
destroying the duplex, provided the sale of the duplex is economically
advantageous to the City as compared to the cost of demolition and removal of the
duplex from the property.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS
as follows:
Section 1 . That it is in the best interests of the City to sell , convey
or otherwise dispose of the duplex located at 514-516 East Stuart Street, Fort
Collins, Colorado.
Section 2. That the Mayor is hereby authorized to sell , convey or
otherwise dispose of the duplex located at 514-516 East Stuart Street, provided
the sale, conveyance or other disposition of the duplex is economically
advantageous to the City in comparison to the demolition and removal of the
duplex from the property.
Introduced, considered favorably on first reading, and ordered published
this 3rd day of December, A.D. 1991, and to be presented for final passage on the
17th day of December, A.D. 1991.
yo
ATTEST:
City Clerk
Passed and adopted on final reading this 17th day of December, A.D. 1991 .
Mayor
ATTEST:
City Clerk