HomeMy WebLinkAbout138 - 11/02/2021 - AUTHORIZING THE CONVEYANCE OF CITY-OWNED PROPERTY AT 3630 KECHTER ROAD TO KECHTER TWG, LLLP ORDINANCE NO. 138, 2021
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE CONVEYANCE OF CITY-OWNED PROPERTY
AT 3620 KECHTER ROAD TO KECHTER TWG, LLLP
WHEREAS, the City is the owner of the real property located at 1506 Kechter Road, Fort
Collins,Colorado,as more particularly described on Exhibit"A",attached and incorporated herein
by reference (the "Property"); and
WHEREAS, the City purchased the Property in 2002 as part of the Affordable Housing
Land Bank Program (the "Program") pursuant to Article XIII of Chapter 23 of the City Code; and
WHEREAS, the purpose of the Program is to help affordable housing providers secure
sites for future affordable housing development throughout the City by purchasing sites that will
likely appreciate in the future while they are less expensive, and holding them for five to fifteen
years; and
WHEREAS, on April 5, 2016, the City Council adopted Ordinance No 034, 2016, which
amended Section 23-354 of the City Code to provide flexibility in income targets for the land bank
program and facilitate the first sale and development of a land bank parcel on Horsetooth Road for
rental housing; and
WHEREAS, in 2016 the City Council also directed City staff to conduct a comprehensive
review of the land bank program and recommend updates,and on March 6,2018,the City Council
adopted Ordinance No. 037, 2018, making numerous updates to the land bank provisions of the
City Code; and
WHEREAS, in 2018 City staff issued a request for proposals ("RFP") for the Property for
development as an affordable home-ownership project, but only one response was received; so a
second RFP was issued in 2019 and from the responses to that RFP TWG Development, LLC, a
developer from Indiana ("TWG"), was selected and entered into an exclusive negotiating
agreement with the City for the Kechter Townhomes project(the "Project"); and
WHEREAS,TWG proposes acquiring the property through Kechter TWG,LLLP,building
the Project and then selling the property and finished homes to Elevation Community Land Trust
("ECLT"),which would retain the land and sell the homes to qualified buyers with a 99-year land
lease for the parcels under their homes, providing subsidy and stewardship for the Project in
perpetuity; and
WHEREAS, a City Hearing Officer approved the development plans for the Project in
March, 2021; and
WHEREAS, on April 21, 2021, the City Council adopted Ordinance No. 045, 2021,
making further amendments to Section 23-354 of the City Code to remove the City's right of
reverter as a remedy if a purchaser of a land bank parcel fails to comply with the City's
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affordability requirements, and instead allow project-by-project flexibility in the methods used to
protect the City's interest in maintaining the affordability of such properties; and
WHEREAS, the current City Code requirements for how the City can dispose of Program
properties, include:
• Any sale shall be to a housing provider legally bound to the City to provide "affordable
housing", with homeownership housing restricted to households at or below 80% of the
area median income for Fort Collins ("AMI");
• Program properties shall not be sold for land speculation or appreciation, for the
development of market rate housing, or for the development of nonresidential uses, unless
the City requests it;
• The City's conveyance of land to a housing provider shall be made subject to a deed
restriction, covenant or other instrument obligating the housing provider to commence
development of all housing within 24 months of having acquired the land and to obtain
building permits for the construction of all such housing units within 48 months;
• The property shall also be made subject to a deed restriction, covenant or other instrument
limiting the use of the property to affordable housing and requiring, to the greatest extent
feasible, that all subsequent owners of such property must continue to use such property
for affordable housing. If the property is ever not so used, then the City will be entitled to
pursue the remedies described in such instruments;
• The land must be sold at no more than 90% of its fair market value as determined by the
City; and
• Proceeds from the sale of Program property must be used for further land acquisition; and
WHEREAS, the City and TWG have negotiated and entered into an Agreement of
Purchase and Sale of Real Property for the Property, a copy of which is attached hereto as Exhibit
"B" and incorporated herein by reference (the "Agreement"); and
WHEREAS, the Agreement is contingent on the City Council authorizing the conveyance
of the Property by ordinance by December 31, 2021, and if the Council does not do so the
Agreement will terminate; and
WHEREAS, under the Agreement TWG would pay the City $25,000 for the Property; and
WHEREAS, use of the Property would be limited by a covenant restricting it to for-sale
housing for households at or below 80% AMI for Fort Collins who qualify financially as eligible
buyers, and the City must be notified each time an individual unit is sold; and
WHEREAS, the covenant would also require TWG to commence development within 24
months of closing and to obtain building permits for the construction of all such housing units
within 48 months of closing; and if building permits are not obtained within the required time
frame, or if the property or a unit is not used for affordable housing, the City could enforce the
covenant through an injunction or an action for specific performance; and
WHEREAS, use of the Property would also be limited by a promissory note and deed of
trust securing for fifty years the financial value ($1,175,000) of the City's contribution to the
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Project through the below-market conveyance of the Property and requiring compliance with the
affordability requirements of the covenant; and
WHEREAS, if the Property owner fails to comply with the terms of the deed of trust the
City could foreclose on the Property, although to do so it would have to assume or pay off the
owner's primary loan on the Property; and
WHEREAS, the City's obligation to close on the conveyance of the Property under the
Agreement is contingent on TWG obtaining all required regulatory approvals for the Project and
providing proof to the City that it can obtain the necessary financing to construct the Project
according to the approved Project Development Plan, including a signed purchase and sale
agreement between itself and Elevation Community Land Trust; and
WHEREAS, Section 23-l 1 ](a) 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 such sale or other disposition is in the best interests of the
City.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the City Council hereby makes and adopts the determinations and
findings contained in the recitals set forth above.
Section 2. That the City Council hereby finds that the conveyance of the Property to
Kechter TWG, LLLP as described herein is in the best interests of the City.
Section 3. That the Mayor is hereby authorized, upon satisfaction of all contingencies
in the Agreement, to execute a special warranty deed conveying title to the Property to TWG in
substantially the form attached to the Agreement as Exhibit "B", along with such additional or
modified terms and conditions as the Interim City manager may, in consultation with the City
Attorney, determine are necessary and appropriate to protect the interests of the City or effectuate
the purposes of this Resolution.
Section 4. That the Interim City Manager or their designee is hereby authorized to
execute any other documents related this transaction as may be necessary and appropriate to protect
the interests of the City or effectuate the purposes of this Resolution, in a form reasonably
acceptable to the City.
Introduced, considered favorably on first reading, and ordered published this 19th day of
October, A.D. 2021 and to be presented for final passage on t 2nd day of ember, A.D. 2021.
May
ATTEST:
' OA*ORT•co`G
AI, .
Interim City Clerk
Passed and adopted on final reading on this ovember, A.D. 2021
Mayo
ATTEST:
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Interim City Clerk �RTco
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EXHIBIT A
Property Legal Description
A TRACT OF LAND SITUATE IN THE SE 1/4 OF SECTION 4, TOWNSHIP 6 NORTH,
RANGE 68 WEST OF THE 6TH P.M., COUNTY OF LARIMER, STATE OF COLORADO,
WHICH, CONSIDERING THE EAST LINE OF SAID SE 1/4 AS BEARING S 03 DEGREES
37' 29" E AND WITH ALL BEARINGS CONTAINED HEREIN RELATIVE THERETO, 1S
MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGIN AT THE S 1/4 CORNER OF
SAID SECTION 4 AND RUN THENCE N 03 DEGREES 20' W, 624.68 FEET; THENCE
EAST 349.25 FEET;THENCE S 03 DEGREES 20' E, 624.68 FEET; THENCE WEST 349.25
FEET TO THE POINT OF BEGINNING.
EXCEPTING THAT PORTION AS CONTAINED IN DEED OF DEDICATION RECORDED
MARCH 23, 1977 IN BOOK 1757 AT PAGE 702 AND RE-RECORDED OCTOBER 5, 2021
AT RECEPTION NO. 20120069971
Also known as 3620 Kechter Road (CO RD 36), Fort Collins, CO 80528
EXHIBIT B
Docu5lgn Envelope ID.E99D19AB-71)254126-B621-A670403F812B
AGREEMENT OF PURCHASE AND SALE OF REAL PROPERTY
City Sale of 3620 Kechter Road
THIS AGREEMENT is made and entered into this [date] 10/8/2021 (the
"Effective Date"), by and between KECHTER TWG, LLLP,a Colorado limited liability
limited partnership("Purchaser"), and THE CITY OF FORT COLLINS, COLORADO,a
municipal corporation, ("City").
RECITALS:
A. On April 17, 2001,the Fort Collins City Council adopted Ordinance No. 048,
2001, establishing the City's Land Bank Program at Article XI of Chapter 23 of the City Code
(the"Land Bank Ordinance"). The purpose of the Land Bank Program is to help affordable
housing providers secure sites for future affordable housing development throughout the City by
purchasing sites that would likely appreciate in the future while they were less expensive, and
holding them for five to fifteen years.
B. In January 2019, based on the City Council's expressed interest in developing
another of the City's Land Bank properties, the City issued a Request for Proposals to find a
qualified development team to construct an affordable housing development on the Land Bank
property on Kechter Road in accordance with the requirements of the Land Bank Ordinance, and
ultimately selected Purchaser.
C. Purchaser proposes constructing a townhome community that would be owner-
occupied and restricted to households earning 8Mo' of the area median income (AMI)or less(the
"Development"). The Development would include a minimum of fifty(50)townhome units,
though the parties intend that Purchaser will construct as many units as are possible under the
City's Land Use Code and allowing for site specific requirements.
D. Upon completion of the Development, Purchaser intends to sell the Property to
ECLT Kechter Commons, LLC, or another buyer reasonably acceptable to the City("Owner.")
E. Purchaser has completed a Feasibility Analysis, preliminary design for cost
estimates, and a market study.
NOW,THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the parties agree to be legally bound whereby City agrees to
convey to Purchaser, and Purchaser agrees to acquire from City,the Property, on the terms and
conditions set forth in this Agreement.
1. Description of Property. The real property which is the subject matter of this
Agreement consists of a parcel of real property located in Larimer County,Colorado, which is
legally described on Exhibit A, consisting of one page, attached hereto and incorporated herein
by reference(the "Property"). Unless reserved by the City as described below,the Property
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EXHIBIT B
DocuSign Envelope ID E99D19AB-7D25-4126-B621-A670403F8126
includes all improvements located thereon and all of City's rights,title and interest in and to all
appurtenances thereto, including but not limited to the following:
A. Appurtenances Generally. The Property shall include any fences,
buildings, landscaping, and other improvements now located thereon,
including all fixtures of a permanent nature. In addition, the Property shall
include all of the City's right,title and interest in and to easements, future
interests and rights to the same belonging and inuring to the benefit of the
Property, and in and to all strips and gores of land lying between the
Property and adjoining property or streets, roads or highways, open or
proposed.
B. Taps. All water taps, gas taps, and sewer taps belonging or in any way
appertaining to the Property.
C. Mineral Rights. Any and all interests in all minerals, ores, and metals of
any kind and character, and all coal,asphaltum, oil, gas, or other like
substances including sand and gravel, and all geothermal resources in,on,
or under the Property and all other mineral rights as are owned by City at
the time of this Agreement.
D. Water r Rom. The Seller is not conveying any water rights with the
Property. The Seller reserves unto itself any and all water rights that may
be associated with the Property including but not limited to .15 shares in
the Larimer County Canal No. 2 Irrigating Company(Stock Certificate
No. 1785)and .375 shares in the Warren Lake Reservoir Company(Stock
Certificate No.491).
2. Method of Conveyanee.
A. Form of Deed. City will convey the Property to Purchaser at Closing,as
defined in paragraph 12 below, by special warranty deed in substantially the form attached as
Exhibit B. The personal property portion of the Property, if any, shall be transferred to
Purchaser by City at Closing by bill of sale or other appropriate transfer document, free and clear
of all liens and encumbrances.
B. Covenant. Pursuant to Section 23-354 of the Code of the City of Fort
Collins,the use of the property shall be limited by a covenant requiring the following(the
"Covenant"):
(1) Use of the Property shall be permanently restricted to affordable
homeownership housing for households at or below 80°o of the AMI for Fort Collins.
(2) Purchaser shall commence development of all housing within 24
months of Closing and shall obtain building permits for the construction of all such housing units
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EXHIBIT B
DocuSign Envelope ID E99D19AB-7D25-4126-B621-A670403F612B
within 48 months of Closing, unless otherwise agreed by the City Manager in accordance with
Section 23-354 of the City Code upon a finding that Purchaser has exerted a good faith and
diligent effort in pursuing the Development but has suffered delays caused by unforeseen
circumstances not reasonably within the control of Purchaser.
(3)The Covenant shall run with the land and shall not be subordinated to
other encumbrances on the Property, but shall be subject to the agreements therein and in the
Deed of Trust securing the Covenant for the benefit of lenders encumbering the Property.
C. Reservations by City. City may reserve to itself the following interests:
(1) A two-foot road right-of-way as described on Exhibit C, attached
and incorporated herein by reference; and
(2) A utility easement as described on Exhibit D, attached and
incorporated herein by reference.
3. Purchase Price. The total purchase price of the Property will be Twenty Five
Thousand Dollars ($25,000). The purchase price will be payable by Purchaser to City as
follows:
A. Earnest Money. No earnest money deposit is required in connection with
this transaction, the mutuality of the promises of the parties hereto being
deemed adequate consideration.
B. Financial Consideration. Financial consideration in the amount of Twenty
Five Thousand Dollars($25,000.00), including all closing costs and
customary prorations, will be payable by Purchaser to City in immediately
available funds at Closing,
C. Performance Loan. The parties acknowledge that the estimated current
fair market value of the Property unrestricted by the Covenant described in
2.13 above and the deed of trust described in this 3.0 below is $1,200,000.
The difference between the Purchase Price and the estimated unrestricted
fair market value of the Property in the amount of$1,175,000 will be
secured by a promissory note and deed of trust from Purchaser upon which
Seller shall be entitled to foreclose in the event of a default of the
Covenant. Upon Purchaser's sale of the Property to Owner, Purchaser
shall assign to Owner the Purchaser's obligations under such note and
deed of trust.
4. Title Insurance.
A. Within fifteen (15)calendar days following the Effective Date, City will
provide to Purchaser a Title Insurance Commitment(the"Title
f ina110 4 2021 - 3 -
EXHIBIT B
aocuSign Envelope ID:E99D19AB-7D25-4i26-B621-A670403F8128
Commitment") from First American Title Insurance Company, 211 N.
Pennsylvania Street, Suite 1250, Indianapolis, IN 46204, Attention:
Monica Chaves ("Title Company"). The Title Commitment must show
title to the Property in City, subject only to those exceptions shown on
Schedule B-2 to the Title Commitment that are acceptable to Purchaser.
City is responsible for the cost of the Title Commitment and Title
Insurance.
B. If the Title Commitment discloses title defects unsatisfactory to Purchaser
and subject to which Purchaser need not take title, Purchaser may give
City written notice of such defects by the date ten(10) calendar days after
Purchaser's receipt of the Title Commitment, and no later than ten (10)
calendar days after notice of any title change. City must attempt in good
faith to cure such defects prior to the date of Closing, at its expense,
without in any other manner affecting the terms of this Agreement.
C. If any instrument or deposit is necessary in order to correct a defect in or
objection to title, the following apply:
(1) Any instrument will be in a form and contain terms and conditions
Title Company may reasonably require so as to be sufficiently
satisfied and omit such defects or objection.
(2) Any deposit will be made with Title Company.
(3) City agrees to execute, acknowledge and deliver any required
instrument and to make any required deposit.
D. If Title Company refuses to omit any title defect or objection prior to
Closing,then Purchaser, at its election, has the right to:
(1) accept such title as City is able to convey, without any reduction of
the purchase price; or
(2) rescind this Agreement and, upon such rescission, this Agreement
will be null and void and of no further effect, and all parties to this
Agreement will be released from all obligations hereunder.
E. If City is unable to convey title as provided in this paragraph 4 to
Purchaser due to an act or omission of City that is within the authority of
City's City Manager,City is in default and continues to be liable under
this Agreement.
F. Notwithstanding the foregoing,
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EXHIBIT B
DocuSign Envelope ID:E99D19AB-7D25-4126-6621-A670403F812B
(1) any title condition consisting of monetary liens,deeds of trust or
other financial encumbrances against the Property must be
removed by City at or prior to Closing, and City's failure to cause
the removal of the same will constitute a default by City under this
Agreement; and
(2) in the event City fails to cause the removal of a financial
encumbrance against the Property prior to Closing, Purchaser has
the right to pay amounts required to do so at Closing,and to
receive a credit for such payment against the Purchase Price.
5. Legal Description. The parties each acknowledge that a legal description of the
Property is attached to and incorporated by reference into this Agreement,and each
acknowledges having received a copy of any such description. The parties agree that it is their
intent that the referenced legal description describes the Property except as otherwise expressly
provided, and agree to work in good faith and cooperatively to correct technical errors that any
such legal description is determined to contain.
6. Special Taxing Districts. Special taxing districts may be subject to general
obligation indebtedness that is paid by revenues produced from annual tax levies on the taxable
property within such districts. Property owners in such districts may be placed at risk for
increased mill levies and excessive tax burdens to support the servicing of such debt where
circumstances arise resulting in the inability of such a district to discharge such indebtedness
without such an increase in mill levies. Purchaser should investigate the debt financing
requirements of the authorized general obligation indebtedness of such districts, existing mill
levies of such district servicing such indebtedness, and the potential for an increase in such mill
levies.
7. Maintenance of the Pro ert Title. City must keep,or cause to be kept,the
Property in its condition as of the Effective Date until Closing, subject to normal wear-and-tear
and seasonal changes, and agrees not to commit or permit waste thereon. City must not cause or
permit new liens, easements or other encumbrances on the title to the Property, except as
expressly agreed by Purchaser in writing.
8. Representations of City. Based on a reasonable inquiry within City's municipal
organization on behalf of City's City Manager, City represents and warrants to the best of City's
knowledge, as of the Effective Date and as of the Closing, as follows:
A. There is no litigation proceeding, including but not limited to any eminent
domain proceeding, pending(or to City's knowledge threatened)against
or relating to any part of the Property, nor does City know of or have
reasonable grounds to know of any basis for any such action.
B. City has not received notice of, and to the best of City's knowledge,there
are no violations of any laws, orders, regulations or requirements of any
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EXHIBIT B
DocuSign Envelope 10.E99D19AB 7025-4126-B621-A670403F812B
governmental authority affecting the Property or any part thereof.
C. City has the unconditional right and power,subject to the contingencies
described in paragraph 28, to execute and deliver this Agreement and to
consummate the transaction(s)contemplated by this Agreement.
D. City has not received notice of default or breach by City of any of the
covenants, conditions, restrictions, rights-of-way or easements affecting
the Property or any portion thereof; no default or breach now exists or will
exist on the date of Closing; and no event or condition has occurred and is
continuing that, with or without notice and/or the passage of time, will
constitute such a default or breach.
E. City represents that it has provided to Purchaser all environmental reports
and,to the extent permitted by law, any other documentation in City's
possession related to City's ownership of the Property.
9. Condition of the Property.
A. Purchaser acknowledges and agrees that except as specifically set forth
elsewhere in this Agreement, City has not made, and does not make, any
representations, warranties, promises, covenants or agreements of any
kind or nature, whether express or implied,oral or written, concerning or
with respect to:
(1) the value, nature, quality or condition of the Property;
(2) suitability of the Property for any uses contemplated by Purchaser;
or
(3) compliance of or by the Property or its operation with any laws,
rules, ordinances or regulations of any applicable governmental authority,
including,without limitation, any such laws,rules ordinances or
regulations concerning environmental protection,pollution or land use.
B. By closing, Purchaser will be acknowledging that Purchaser has been
given the opportunity to inspect the Property, and that with the exception
of any representations or warranties specifically set forth in this
Agreement, Purchaser is relying solely on its own investigation of the
Property. Purchaser furthermore acknowledges that its acquisition of the
Property shall be on an"AS IS basis"without further improvement or
remediation by City,and any claims against City in connection with any
representations or warranties(except those specifically set forth elsewhere
in this Agreement and except any warranties of title contained in the deed
to be delivered at Closing)are hereby released and waived by Purchaser.
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EXHIBIT B
DocuSign Envelope ID E99D19AB-7D25-4126-B621-A670403FB12B
10. Insaection. Purchaser or any designee of Purchaser has the right to make
inspections of the physical condition of the Property and the improvements located thereon at
Purchaser's expense. These inspections may include,but are not limited to, environmental
assessments and inspections regarding compliance with any building or fire code, environmental
protection, pollution or land use or zoning laws, rules or regulations, including, but not limited to
any laws relating to the disposal or existence of any hazardous substance or other regulated
substance in or on the Property. IF Purchaser does not provide to City written notice of any
unsatisfactory condition, as determined at Purchaser's sole discretion, signed by an authorized
representative of Purchaser, at least thirty (30)days prior to Closing, Purchaser waives any
objection to the physical condition of the Property and the improvements located thereon as of
that date. If Purchaser provides written notice of any unsatisfactory condition, signed by an
authorized representative of Purchaser, to City at least thirty(30)days prior to Closing, and City
does not cure such conditions prior to Closing,this Agreement may be terminated at the option
of Purchaser. Upon such termination, all payments and things of value received hereunder by
City must be returned to Purchaser. Purchaser is responsible and will pay for any damage that
occurs to the Property and the improvements located thereon as a result of these inspections.
11. Development Process.
A. As of the date of this Agreement, the plans for the Development have been
approved. Purchaser shall diligently pursue any remaining approvals or permits required for the
Development. Purchaser is responsible for all applications and permits and for paying all related
fees as a part of the development review process, and no fees shall be waived by the City unless
such waiver is authorized by City Code. The City shall cooperate with Purchaser in its pursuit of
any necessary governmental approvals and permits, including without limitation,the granting of
easements and encroachment permits necessary for the completion of the development, provided
that Purchaser shall comply with all related requirements.
B. Purchaser is solely responsible for all expenses incurred in developing the
Property, including but not limited to the market analysisifeasibility study and the designs, any
environmental reviews, vibration studies, noise analyses,etc., and/or costs incurred in the
development review process. The City shall have no obligation to reimburse, share in or support
Purchaser in covering any costs incurred by them as may be necessary to perform their
obligations under this Agreement. Further,the City shall have no obligation to reimburse, share
in, or assist Purchaser in covering any costs incurred by either of them under this Agreement if
this Agreement is terminated as provided herein, except that if Purchaser terminates the
Agreement because of an uncured default by the City, Purchaser does not waive its potential
claims for damages.
12. Closing. The City and Purchaser agree to close this transaction within thirty (30)
days of the satisfaction of all contingencies listed in paragraph 28, at such location as the parties
mutually agree("Closing"). If the parties cannot agree on the date and time of closing,the
closing shall be held on the last business day that is within 30 days of the satisfaction of all
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EXHIBIT B
DocuSign Envelope ID E99D19AB-7D25-4126-8621-A670403F812B
contingencies listed in paragraph 28 at 2:00 pm Mountain Time.
13. Possession. City will deliver possession of the Property to Purchaser at Closing.
14. Proration. Real property taxes and assessments and similar expenses, in
accordance with local practice, will be prorated as of the date of the Closing, to the extent such
taxes,assessments and expenses apply to City.
15. Remedies on Default. If any obligation hereunder is not performed as herein
provided,the remedies are:
A. If City is in default, Purchaser may either(i)terminate this Agreement and
recover direct damages as may be proper, which shall include, but not be
limited to,out-of-pocket costs, expenses and fees incurred related to the
transaction contemplated herein or(ii) bring an action for specific
performance.
B. If purchaser is in default, City may terminate this Agreement and may
recover such damages as may be proper, or City may elect to treat this
Agreement as being in full force and effect, and City will have the right to
an action for specific performance or damages, or both.
16. Notices. Any notice or other communication given by either party to the other
relating to this Agreement must be hand delivered; sent by a commercial carrier; or sent by mail,
addressed to the party at its respective address as set forth below. The notice or other
communication will be effective on the date it is delivered or on the third business day after
being sent, whichever comes first.
If to Purchaser:
Kechter TWG, LLLP
c,'o TWG Development, LLC
Attn: Ryan Kelly
333 N. Pennsylvania St., Suite 100
Indianapolis, IN 46204
If to City:
Real Estate Services Manager
City of Fort Collins
Mailing Address:
P.O. Box 580
Fort Collins, CO 80522-0580
Hand Delivery:
300 Laporte Avenue
Fort Collins, CO 80521
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EXHIBIT B
DocuSlgn Envelope ID:E991319AB-71325.4126-13621-A670403F812B
With a copy to:
City Attorney's Office
City of Fort Collins
Mailing Address:
P.O. Box 580
Fort Collins, CO 80522-0580
Hand Delivery:
300 LaPorte Avenue
Fort Collins,CO 80521
17. Assi ng_ment. This Agreement must not be assigned by Purchaser without the
prior written consent of the City.
18. Risk of Loss. City shall bear all risk of loss with respect to the Property up to the
date title is transferred in accordance with this Agreement. In the event of damage to any portion
of the Property by fire or other casualty prior to the Closing which damage either affects 5%' of
the usable facilities on the Property or reduces the value of the Property by 5%, then this
Agreement may be terminated at the option of Purchaser. This option shall be exercised, if at all,
by Purchaser's written notice thereof to City within thirty (30)calendar days after receipt of
written notice of such fire or other casualty. Upon the exercise of such option to terminate, this
Agreement shall become null and void, and neither party shall have any further liability or
obligations hereunder, except as otherwise provided in this Agreement. Closing may be delayed
for up to thirty(30) calendar days for Purchaser to decide whether to exercise this option.
19. Lead-Based Paint. Unless exempt, if the improvements, if any, on the Property
include one or more residential dwellings for which a building permit was issued prior to January
1, 1978,this Agreement shall be void unless a completed Lead-Based Paint Disclosure(Sales)
form is signed by City and the required real estate professionals, if any,which shall have
occurred prior to the parties signing this Agreement.
20. Recommendation of Legal and Tax Counsel. By signing this document,
Purchaser acknowledges that Purchaser has been advised that this Agreement has important legal
consequences and has received the recommendation to consider the examination of title and
consultation with legal and tax or other counsel before signing this Agreement.
21. Entire Agreement, Modification. This Agreement constitutes the entire contract
between the parties relating to the conveyance of the Property, and any prior agreements
pertaining thereto,whether oral or written, have been merged and integrated into this Agreement.
No subsequent modification of any of the terms of this Agreement will be valid, binding upon
the parties, or enforceable unless made in writing and signed by the parties.
22. Headings. Paragraph headings are used for convenience of reference and in no
way define, limit or prescribe the scope or intent of any provision under this Agreement.
Final 10 4 2021 - 9 -
EXHIBIT B
DocuSign Enve'ope ID:EggD1gAB-7D25-4126-8621-A670403F812B
23. Construction. Words of the masculine gender include the feminine and neuter
gender and when the sentence so indicates, words of the neuter gender refer to any gender.
Words in the singular include the plural and vice versa. Definitions of defined terms are
intended to apply throughout this Agreement. This Agreement is to be construed according to its
fair meaning, and as if prepared by all parties, and is deemed to be and contain the entire
understanding and agreement between the parties.
24. Time is of the Essence. It is agreed that time is of the essence of this Agreement
and each and every provision.
25. Binding Effect. This Agreement is binding upon and inures to the benefit of the
parties their respective successors and assigns.
26. Litigation Expenses. In the event any party defaults in any of its covenants or
obligations and a party not in default commences and substantially prevails in any legal or
equitable action against the defaulting party,the defaulting party expressly agrees to pay all
reasonable expenses of the litigation, including a reasonable sum for attorneys' fees or similar
costs of legal representation.
27. Brokers. City and Purchaser each represent and warrant to the other that such
party has not employed,retained or consulted any broker, agent or other real estate professional
with respect to the Property. To the extent permitted by law, Purchaser and City each indemnify
and hold the other harmless from and against all claims,demands, causes of action, debts,
liabilities,judgments and damages, including, without limitation, any related litigation expenses,
that may be asserted or recovered against the other on account of any breach of this
representation and warranty.
28. Continaencies. This Agreement is hereby made expressly contingent upon the
following:
A. Purchaser obtaining all required regulatory approvals for the Development.
B. Purchaser providing proof reasonably satisfactory to the City that it can obtain the
necessary financing to construct the Development according to the approved Project
Development Plan, including, but not limited to, a signed purchase and sale agreement with
Elevation Community Land Trust and a complete financing plan showing funds committed to
meet all Project development needs.
C. Final agreement by the parties on the terms of the Covenant and Performance
Loan.
D. The City Council of the City of Fort Collins(the"Council")approving the
conveyance of the Property by its final adoption of a related ordinance, in its discretion, on or
before December 31, 2021. If the Council does not pass such an ordinance on second reading on
or before that date then this Agreement shall be automatically terminated, all parties shall be
Final 10.4 2021 - 10 -
EXHIBIT B
DocuSign Envelope ID.E99D19AB-7D25-4126-B621-A670403F8128
released from all obligations hereunder and any monies paid to Seller by Purchaser pursuant to
this Agreement shall be refunded in full.
If, however, the Council does pass such an ordinance on or before December 31, 2021, but
within ten (10) days of the passage of the ordinance a notice of protest against the ordinance is
filed with the City Clerk of the City of Fort Collins pursuant to Section 2(b)of Article X of the
Charter of the City of Fort Collins, then this Agreement shall remain in full force and effect until
either the Council repeals the ordinance or the electors vote to repeal the ordinance in accordance
with Section 2(c) of Article X of the Charter of the City of Fort Collins. In the event the
ordinance is repealed by Council or by the electors,then this Agreement shall be automatically
terminated,all parties shall be released from all obligations hereunder and any monies paid to
Seller by Purchaser pursuant to this Agreement shall be refunded in full.
If the Council does not repeal the ordinance and if the electors approve the ordinance,then the
closing of this transaction shall be held in accordance with paragraph 12 above,no less than
eleven (1 l)days after the date of the elector's approval of the ordinance.
If any one or more of these contingencies have not been met by June 1, 2022, then this
Agreement shall be automatically terminated and all parties shall be released from all obligations
hereunder.
29. Authority. Each person executing this Agreement represents and warrants that he
or she is duly authorized to execute this Agreement in his or her individual or representative
capacity as indicated.
30. Counte art and Facsimile Signatures. This Agreement may be executed in two
or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same Agreement. Signatures may be delivered by facsimile copy.
Facsimile signatures are binding on the parties as if they were originals.
31. Recording. This Agreement shall not be recorded.
32. Governing Law:Venue. The parties intend and agree that this Agreement is to be
construed and enforced according to the laws of Colorado, and that venue in any proceeding
related to the subject matter of this Agreement will be in Larimer County, Colorado.
33. _Marketing. During the term of this Agreement, the City shall not market or
negotiate with any other party for the sale of the Property.
Final 10 4 2021 - 11 -
EXHIBIT B
DocuSign Envelope ID:E991319AB 71325-4126-B621-A670403F612B
IN WITNESS WHEREOF,the parties hereto have executed this Agreement effective as
of the date and year first above written.
CITY:
THE CITY OF FORT COLLINS, COLORADO
a Municipal Corporation
Dxuftnedd by:
10/8/2021 C L1A�nlfi/1[lXl
Date: By: owww7sos9400
Kelly DiMartino, Interim City Manager
ATTEST: ooausN..d by:
DocuSigned by:
934E243B63418429,
City Clerk
City Clerk
(Print name)
APPROVFo s�eTdO FORM:
07E943FOE3E2448
Assistant city Attorney
Ingrid Decker
(Print name)
Final 10 4 2021 - 12 -
EXHIBIT B
DocuS gn Envelope ID E99D1 9AB-7D25-4126-B621-A670403FB1 2B
PURCHASER:
KECHTER TWG, LLLP
10/5/2021 a Colorado limited liability limited partnership
Date.
By: Kechter GP, LLC, a Colorado limited liability
company
Its: General Partner
By: TWG GP IV, LLC, an Indiana limited liability
company
Its: Sole Member
Doauftned by,
5OOCDQ82ACO2489
h(a s Q. �no '
By:
Name: Louis A. Knoble
Title: Manager
Final 10 4 2021 - 13 -
EXHIBIT B
DocuSign Envelope ID:E99D19AB-7D25-4126-B621-A670403F8128
EXHIBIT A
to Purchase and Sale Agreement
Property Legal Description
A TRACT OF LAND SITUATE IN THE SE 1.4 OF SECTION 4, TOWNSHIP 6 NORTH,
RANGE 68 WEST OF THE 6TH P.M., COUNTY OF LARIMER, STATE OF COLORADO,
WHICH,CONSIDERING THE EAST LINE OF SAID SE l 4 AS BEARING S 03 DEGREES
37' 29" E AND WITH ALL BEARINGS CONTAINED HEREIN RELATIVE THERETO, IS
MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGIN AT THE S 14 CORNER OF
SAID SECTION 4 AND RUN THENCE N 03 DEGREES 20' W, 624.68 FEET; THENCE
EAST 349.25 FEET; THENCE S 03 DEGREES 20' E, 624.68 FEET; THENCE WEST 349.25
FEET TO THE POINT OF BEGINNING.
EXCEPTING THAT PORTION AS CONTAINED IN DEED OF DEDICATION RECORDED
MARCH 23, 1977 IN BOOK 1757 AT PAGE 702 AND RE-RECORDED OCTOBER 5, 2021
AT RECEPTION NO. 20120069971
Also known as 3620 Kechter Road (CO RD 36), Fort Collins, CO 80528
Final 10 4 2021 - 14 -
EXHIBIT B
DocuSign Envelope ID E99D19AB-7D254126-B621-A670403F8128
EXHIBIT B
to Purchase and Sale Agreement
SPECIAL WARRANTY DEED
THIS SPECIAL WARRANTY DEED, made this _ day of , 20_, by
and between the CITY OF FORT COLLINS, COLORADO, a municipal corporation,
whose mailing address, for purposes of this Special Warranty Deed is P.O. Box 580, Fort
Collins, Colorado 80522 ("Grantor"), and the KECHTER TWG, LLLP, a Colorado limited
liability limited partnership, whose mailing address, for purposes of this General Warranty
Deed is 1301 E. Washington St., Suite 100, Indianapolis, IN 46202 ("Grantee").
WITNESSETH :
That the Grantor, for and in consideration of the sum of Twenty Five Thousand
Dollars ($25,000.00) and other good and valuable consideration, to the Grantor in hand
paid by the Grantee, the receipt and adequacy of which are hereby confessed and
acknowledged, has granted, bargained, sold, and conveyed, and by these presents does
hereby grant, bargain, sell, convey and confirm unto the Grantee and Grantee's
successors and assigns forever, that certain parcel of real property, together with all
improvements, if any, situate, lying, and being in the County of Larimer, State of Colorado,
more particularly described on Exhibit A, attached hereto, consisting of one (1) page, and
incorporated herein by this reference, also known by street and number as 3620 Kechter
Road, Fort Collins, Colorado 80528 ("the Property").
TOGETHER with all and singularly the hereditaments and appurtenances thereto
belonging, or in any way appertaining, and the reversion and reversions, remainder and
remainders, rents, issues, and profits thereof, and all estate, right, title, interest, claim and
demand whatsoever of the Grantor, either in law or equity, of, in or to the Property, with
the hereditaments and appurtenances, but reserving unto Grantor any and all water rights
that may be associated with the Property, including but not limited to .15 shares in the
Larimer County Canal No. 2 Irrigating Company (Certificate No. 1785) and .375 shares in
the Warren Lake Reservoir Company (Certificate No. 491).
TO HAVE AND TO HOLD the Property above bargained and described with the
appurtenances unto the Grantee and its successors and assigns forever. The Grantor, for
itself and its successors and assigns, does covenant and agree that it shall and will
WARRANT AND FOREVER DEFEND the Property in the quiet and peaceable possession
of the Grantee, and Grantee's successors and assigns, against all and every person or
persons claiming the whole or any part thereof, by, through or under the Grantor, free and
clear of all liens and encumbrances, except and subject to all existing easements and
rights-of-way in place or of record; any restrictions, reservations, or exceptions contained
in any United States or State of Colorado Patents of record; all zoning and other
governmental rules and regulations; statutory lien rights resulting from the inclusion of the
1-inal 10 4 2021 15 -
EXHIBIT B
DocuSgn Envelope ID.E99D19AB-7D25-4126-8621-A670403FB12B
Property in any special taxing or improvement districts; all oil, gas or other mineral
reservations or exceptions of record; and general property taxes, assessments and
charges for and all subsequent years. Grantor's warranty of title is further subject
to the road right-of-way dedicated by Ordinance No. 2021 of the Council of the City of
Fort Collins, recorded in the records of the Larimer County Clerk and Recorder on
, 2021 at Reception No. , the encumbrances set forth on
Exhibit 13, attached hereto and incorporated herein by this reference; and to a utility
easement that Grantor hereby reserves unto itself as shown and described on Exhibit C,
attached and incorporated herein by reference.
IN WITNESS WHEREOF, the Grantor has executed this Special Warranty Deed
the day and year first above written.
GRANTOR:
THE CITY OF FORT COLLINS, COLORADO
a Municipal Corporation (the Grantee)
By:
Jeni Arndt, Mayor
ATTEST: APPROVED AS TO FORM:
City Clerk Assistant City Attorney
(Print name) (Print name)
STATE OF COLORADO )
)ss.
COUNTY OF LARIMER )
The foregoing Special Warranty Deed was acknowledged before me this day of
20_, by Jeni Arndt, as Mayor of the City of Fort Collins.
Witness my hand and official seal.
My Commission Expires:
Notary
f inal 10 4,2021 - 16 -
EXHIBIT B
Docusign Envelope ID:E99D19AB-7D25-4126-3621-A67O4O3FB12B
ACCEPTED BY GRANTEE:
KECHTER TWG, LLLP
a Colorado limited liability limited partnership
By: Kechter GP, LLC, a Colorado limited
liability company
Its: General Partner
By: TWG GP IV, LLC, an Indiana limited
liability company
Its: Sole Member
By:
Name: Louis A. Knoble
Title: Manager
Final 10 4 2021 - 17 -
EXHIBIT B
DocuSign Envelope ID:E99D19AB-7D25-4126-B621-A670403F812B
EXHIBIT A to Special Warranty Deed
Property Legal Description
A TRACT OF LAND SITUATE IN THE SE 14 OF SECTION 4, TOWNSHIP 6 NORTH,
RANGE 68 WEST OF THE 6TH P.M., COUNTY OF LARIMER, STATE OF COLORADO,
WHICH, CONSIDERING THE EAST LINE OF SAID SE 1.14 AS BEARING S 03 DEGREES
37' 29" E AND WITH ALL BEARINGS CONTAINED HEREIN RELATIVE THERETO, IS
MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGIN AT THE S 14 CORNER OF
SAID SECTION 4 AND RUN THENCE N 03 DEGREES 20' W, 624.68 FEET; THENCE
EAST 349.25 FEET; THENCE S 03 DEGREES 20' E, 624.68 FEET; THENCE WEST 349.25
FEET TO THE POINT OF BEGINNING.
EXCEPTING THAT PORTION AS CONTAINED IN DEED OF DEDICATION RECORDED
MARCH 23, 1977 IN BOOK 1757 AT PAGE 702 AND RE-RECORDED OCTOBER 5,2021
AT RECEPTION NO. 20120069971
Also known as 3620 Kechter Road(CO RD 36), Fort Collins, CO 80528
Final 1042021 - 18 -
EXHIBIT B
DocuSign Envelope ID:E99D19AB-7D254126-B621-A670403F8128
EXHIBIT B to Special Warranty Deed
Permitted Exceptions
(To come)
Final 10 4 2021 - 19 -
EXHIBIT B
DocuSign Envelope ID E9gD19AB-7D25-4126-B621-A670403F812B
EXHIBIT C to Special Warranty Deed
Utility Easement Legal Description
A PARCEL OF LAND LOCATED IN THE SOUTHEAST QUARTER OF SECTION 4,
TOWNSHIP 6 NORTH, RANGE 68 WEST OF THE 6T" P.M.; COUNTY OF LARIMER,
STATE OF COLORADO, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE SOUTH QUARTER CORNER OF SAID SECTION 4, AND
CONSIDERING THE SOUTH LINE OF THE SOUTHEAST QUARTER OF SAID SECTION
4 TO BEAR S88042'40"E
WITH ALL OTHER BEARINGS CONTAINED HEREIN RELATIVE THERETO;
THENCE ALONG THE WEST LINE OF THE SOUTHEAST QUARTER OF SAID SECTION
N02003'29"W, 42.07 FEET TO THE POINT OF BEGINNING;
THENCE CONTINUING ON SAID WEST LINE N02003'29"W, 15.03 FEET;
THENCE S88042'40"E, 349.28 FEET
THENCE S02003'29"E, 15.03 FEET;
THENCE N88042'40"W, 349.28 FEET TO THE POINT OF BEGINNING
SAID PARCEL CONTAINS 0.12 ACRES (5,239 SQUARE FEET) MORE OR LESS AND IS
SUBJECT TO ALL RIGHTS-OF-WAY EASEMENTS AND RESTRICTIONS NOW IN USE
OR OF RECORD.
Final 1042021 - 2C
EXHIBIT B
DocuSign Envelope ID E99D19AB-7D254126-B621-A670403F812B
EXHIBIT C
to Purchase and Safe Agreement
DESCRIPTION OF ADDITIONAL RIGHT OF WAY
A TRACT OF LAND LOCATED IN THE SOUTHEAST QUARTER OF SECTION 4,
TOWNSHIP 6 NORTH,RANGE 68 WEST OF THE SIXTH PRINCIPAL MERIDIAN;
CITY OF FORT COLLINS, COUNTY OF LARIMER,STATE OF COLORADO;BEING
DESCRIBED AS FOLLOWS:
THE NORTH 2.00 FEET OF THE SOUTH 42.00 FEET, MEASURED
PERPENDICULARLY,OF THAT TRACT OF LAND DESCRIBED IN THE WARRANTY
DEED TO THE CITY OF FORT COLLINS RECORDED MAY 8,2002 AT RECEPTION
NO. 2002050960.
CONTAINING 699 SQUARE FEET MORE OR LESS AND BEING SUBJECT TO ALL
EASEMENTS AND RIGHTS OF WAY OF RECORD OR THAT NOW EXIST ON THE
GROUND.
IT IS THE INTENT OF THIS DESCRIPTION THAT THE SIDELINES OF THE ABOVE-
DESCRIBED TWO-FOOT STRIP BE PARALLEL WITH THE SOUTH LINE OF THE
TRACT DESCRIBED IN SAID WARRANTY DEED.
I HEREBY STATE THAT THE ABOVE DESCRIPTION WAS PREPARED BY ME AND
IS TRUE AND CORRECT TO THE BEST OF MY PROFESSIONAL KNOWLEDGE,
BELIEF,AND OPINION. Pp0 REC.
0 169 T.
91 5-Zv-
ss ...
JOHN STEVEN VON NIEDA, COLORADO P.L.S. 31169
FOR AND ON BEHALF OF THE CITY OF FORT COLLINS
P.O.BOX 580,FORT COLLINS,CO 80522
Fn�IMau*uaI - 1 -
EXHIBIT B
DocuSign Envelope ID E991319AB 7D25-4126-B621-A670403F612B
EXHIBIT D
to Purchase and Sale Agreement
Utility Easement Legal Description
A PARCEL OF LAND LOCATED IN THE SOUTHEAST QUARTER OF SECTION 4,
TOWNSHIP 6 NORTH, RANGE 68 WEST OF THE 6T11 P.M.; COUNTY OF LARIMER,
STATE OF COLORADO, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE SOl ITH QUARTER CORNER OF SAID SECTION 4, AND
CONSIDERING THE SOUTH LINE OF THE SOUTHEAST QUARTER OF SAID SECTION
4 TO BEAR S88042'40"E
WITH ALL OTHER BEARINGS CONTAINED HEREIN RELATIVE THERETO;
THENCE ALONG THE WEST LINE OF THE SOUTHEAST QUARTER OF SAID SECTION
N02003'29"W,42.07 FEET TO THE POINT OF BEGINNING;
THENCE CONTINUING ON SAID WEST LINE NO2"03'29"W, 15.03 FEET;
THENCE S88042'40"E, 349.28 FEET
THENCE S02003'29"E, 15.03 FEET;
THENCE N88042'40"W, 349.28 FEET TO THE POINT OF BEGINNING
SAID PARCEL CONTAINS 0.12 ACRES (5,239 SQUARE FEET) MORE OR LESS AND IS
SUBJECT TO ALL RIGHTS-OF-WAY EASEMENTS AND RESTRICTIONS NOW IN USE
OR OF RECORD.
hna1 104 2021 - 22 -
Account#: FTC-003160
COLLINS
001—
' Invoice Text
C�OLFORT-
LL0_)W_ _ _ NOTICE IS HEREBY GIVEN that the Fort Collins City Counl
STATE OF COLORADO )
)ss:AFFIDAVIT OF PUBLICATION
COUNTY OF LARIMER)
CITY OF FC-CLERK-LEGALS
300 LAPORTE AVE
FORT COLLINS CO 80521
I,being duly sworn,deposes and says that said is the legal clerk of the Fort Collins Coloradoan;that
the same is a daily newspaper of general circulation and printed and published in the City of Fort
Collins,in said county and state;that the notice or advertisement,of which the annexed is a true
copy,has been published in said daily newspaper and that the notice was published in the regular
and entire issue of every number of said newspaper during the period and time of publication of said
notice,and in the newspaper proper and not in a supplement thereof; that the publication of said
notice was contained in the issues of said newspaper dated on
NOTICE IS HEREBY.`;GIVEN"that the`I
ForrColltns Clty Couna[I on Tuesday, ::
November 2, 2021, passed and .adopted..
the #ollowiggi ardlrLdhces an second;Y 11/07/21
reading
.ORDINANCE"No I3%204T that said Fort Collins Coloradoan has been published continuously and uninterruptedly during the
OF.THE COUNCIL,OF;THE CJTY OF p Y P Y g
FORT CotL1N5 period of at least six months next prior to the first publication of said notice or advertisement above
MAKI NG'SU PPLEMENTALAPPRO
PRIATIONS FOR,PROMOTION AND referred to;that said newspaper has been admitted to the United States mails as second-class matter
EDUCATION'REGARDtNGTHESPIN
E BIKE/E-SCOOTERMlGR01VS081LI under the provisions of the Act of March 3, 1879, or any amendments thereof; and that said
T.Y.SHARE;PROGRAM
ORDINANCE::,ND 134,.za21 newspaper is a daily newspaper duly qualified for publishing legal notices and advertisements within
OF.THE COUNCILIOF THE CITY OF the meaning of the laws of the State Of Colorado.
FORT COLLINS g
MAKING.SUPPLEMENTAL APPRO
PRfATIONS'IN THE'GENERAL'FUND
FOR"THE:ENVIRONMENTAL;SERV
°JCES INDOOR AIR QUALITY:PRO
GRAMS'.FROM.THE.US EN.VIRON•i c
MENTAL PROTECTION AGENCY
GRANT -
ORDINANCE NO 135 2021 Legal Clcrk
OF THE COUNCIL OF THE CITY OF
'FORT"COLLINS `" ' Subscribed and sworn to before me within the Count of Brown,State of Wisconsin this
40OROPRr TING PRIOR YEAR RE Y
SERVES.AND AUTHORIZING TRANS 7tlr of November Zd?1.
�:FERS;OFiAPPROPRIATIONS FOR
THE:EAST::C ISTRICT MAINTENANCE >:
FACILITY
PROJECT AND RELATED ART 1N -
P:UBLIC'P,LACES
' Np 136,2021
OF THE COUORDINANCENCIL;OF THE CITY OF;
'':FORTsCOLLINS ? ;
AUTHORIZING THE.ACQUISITION BY
EMINENT+DOJViAIN PROCEEDINGS Nota�yPublic
OF�CERTAIN LANDS NECESSARY,TO
GONSTRUCT'PUI3LIC IMPROVE`;
MEN. 5 FOR THE SOUTHJCOLLEOI
AVENUE TRILBY ROAD INTERSEC "
TlON
ORDINANCE NO 13,7 2D21
OF THE COUNCIL OF THE CITY OF Notary Expires
FORT COLL'I NS
DECLARING CERTAIWCITY ONINED
PROPEt2TY
AT 362D KECHTER ROAD AS ROAD
RIG
of wAY Le-al No.0004989349
ORDINANCE NO :138,2621
OF.THE-.COUNCIL OF:THE CITY.:;OF
Ad#:0004989349 FORT COLLI Ns
AUTHORIZING:THE CONVEYANCE AfGdavitPrepared
P p; OF CITY-OWNED PROPERTY Sunday,November 7,202 3:34 mn
AT 3620 KECHTER ROAD TO
This is not an invoke KECHTER rwG LLLP V I C KY F STY
#of Affidavits 1 The full'text of ttiese ordinances cah be
found af> h#tp l/fcgov corrilpubllanofiices ' Notary Public
ar by calling the:City C(erk's Of#Ice at
97022t6515 State of Wisconsin
0004989349 i
Coloradoan
Nov.7;-2021