HomeMy WebLinkAbout071 - 05/21/2002 - AUTHORIZING THE SALE OF CITY OWNED PROPERTY AT 2519 DORSET COURT ORDINANCE NO. 0711) 2002
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE SALE OF CITY-OWNED PROPERTY
AT 2519 DORSET COURT
WHEREAS,the City of Fort Collins is the owner of that certain real property located in Fort
Collins,Larimer County Colorado,at 2519 Dorset Court,and described as Lot 165,Block 24,Brown
Farm First Filing (the "Property"); and
WHEREAS, the City acquired the Property as part of a litigation settlement, and does not
have a need for this Property; and
WHEREAS,after a bid process to solicit potential offers,the City has received two bids for
this Property; and
WHEREAS, staff is recommending Council accept the highest bid of$168,000,which falls
within the appraised value range of the Property; and
WHEREAS, Section 23-111 of the City Code provides that the City Council is authorized
to sell, convey or otherwise dispose of real property owned by the City, provided the Council first
finds by ordinance that any sale or other disposition of real property owned by the City is in the best
interest of the City of Fort Collins.
NOW, THEREFORE,BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS, as follows:
Section 1. That the sale of the Property for ONE HUNDRED SIXTY-EIGHT THOUSAND
DOLLARS ($168,000) or more is in the best interest of the City of Fort Collins.
Section 2. That the Mayor is hereby authorized to execute such conveyance documents as
are necessary for the City to sell and convey the Property on the terms and conditions described
above.
Introduced,considered favorably on first reading,and ordered published this 7th day of May,
A.D. 2002, and to be presented for final passage on the 21 st day of May, A.D. 2002.
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Mayor
ATTEST:
City Clerk QN
Passed and adopted on final reading this 21 st day of May, A.D. 2002.
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Mayor Pr®Tee
ATTEST:
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