HomeMy WebLinkAbout139 - 11/21/1995 - AUTHORIZING THE SALE OF 720 NORTH WOOD ORDINANCE NO. 139, 1995
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE SALE OF CERTAIN REAL PROPERTY AT 720 N. WOOD
WHEREAS,on May 6, 1983, the City purchased property in the vicinity of the Water Utility
(the "Property"), more particularly described in the attached Exhibit A, incorporated herein by this
reference, in anticipation of the Utility's's future expansion needs; and
WHEREAS, a one-thousand square foot metal building (the "Metal Building"), previously
used as Bob's Appliance Shop, was located on the Property at the time of said purchase and has
remained on the Property as depicted on Exhibit B on file in the office of the City Clerk, and
incorporated herein bythis reference; and
WHEREAS, since 1983 the Water Utility and other City departments have made use of the
Metal Building as a training facility, pending the anticipated expansion onto the Properly; and
WHEREAS, the Property is now needed by the Water Utility for the previously planned
expansion; and
WHEREAS,the Metal Building no longer serves a useful purpose for either the Water Utility
or for other City departments, and relocation of the Metal Building for possible City use has been
determined not to be cost-effective; and
WHEREAS, under Section 23-I11(a) of the Code, the Council is authorized to sell real
property owned in the name of the City, provided it first finds the sale is in the best interest of the
City; and
WHEREAS, Section 23-112 of the Code defines real property to include buildings and other
permanent structures, along with the land on which they are situated; and
WHEREAS, under Section 23-1 1 l(b) of the Code, with respect to real property which is a
part of the city s water or utility systems, the City Council must also find that the disposition will not
materially impair the viability of the particular utility system as a whole and that it will be for the
benefit of the citizens of the City; and
WHEREAS, the City has issued Request for Bids No. 4969 seeking buyers for all of a Metal
Building at 720 N. Wood; and
WHEREAS, in response thereto, the City has received an acceptable bid from A-One
Housemoving in the amount of Seven Hundred Fifty Dollars ($750.00) for the Metal Building.
NOW,THEREFORE, BE 1T ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the sale of the Metal Building to A-One Housemoving for the sum of
Seven Hundred Fifty Dollars ($750.00) is in the best interests of the City and that said amount is the
best price obtainable by the City for the Metal Building and represents the fair market value thereof.
Section 2. That the sale of the Metal Building will not impair the viability of the Water
Utility as a whole, and will be for the benefit of the citizens of the City.
Section 3. That the Mayor be, and hereby is, authorized to execute such agreements of
sale and documents of conveyance as are necessary for the City to sell and convey the Metal
Building on the terms and conditions described above.
Introduced, considered favorably on first reading, and or de 7 published the day of
November, A.D. 1995, and to be presented for final passage en thst day of .emb , A.D.
1995. / � '
Mayor
ATTEST: ` \�
lb !city Clerk
Passed and adopted on final reading this 21 st
M=ayor
ATTEST.
City Clerk
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EXHIBIT "A"
Lot 1, GLENDAL SUBDIVISION, ih the City of Fort Collins, :according to the
recorded Plat thereof, Coutt, l of Larimerg State of Cologdo; Together with a
non-exclusive easement for ingress and egress over and across the South 20 feet
of. the West 143.03 feet of Lot 1, Glendal Subdivision, in the City of Fort
Collins, County of Larimer, State of Colorado.
EXCEPT:
A portion of Lot 1, Glendal Subdivision, in the City of fprt Collins, according
to the recorded Plat thereof,j County of Larimer, State of Colorado, being more
particulary described as follows:
Considering the South line of1Section 2, Township 7 North', Range 69 West of the
6th P.M. , as bearing South 89 59'26" East, and with all bearings contained
herein relative thereto: Bepnnin9 at a point which bears South 89'59'26" East,
1323.89 feet, and again Northi00'04'06" West, 246.11 feet;, and again South
89'57'26" East, 193.03 feet fl:om the Southwest corner of ;said Section 2, thence
South 89*571260 East, 114.72 feet, to the Southeast corner of said Glendal
Subdivision thence North 00'02'34" East, 124.45 feet to the Northeast corner of
said Glendal Subdivision, thence North 66'16122" West 1 %.51 feet ; thence North
89'57'26" West, 8.36 feet; thence South 00'04106" East, 171.25 feet to the point
of beginning.
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EXHIBIT B
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