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HomeMy WebLinkAbout102 - 10/06/1992 - AUTHORIZING A RIGHT-OF-WAY EASEMENT IN FAVOR OF POUDRE VALLEY RURAL ELECTRIC ASSOCIATION, INC. (WITH ORDINANCE NO. LQZ , 1992 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE MAYOR TO EXECUTE A RIGHT-OF-WAY EASEMENT IN FAVOR OF POUDRE VALLEY RURAL ELECTRIC ASSOCIATION, INC. 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 by reference ("the Property") ; and WHEREAS, Poudre Valley Rural Electric Association, Inc. wishes to acquire a right-of-way easement and interest in the property to construct, operate, maintain, repair and replace overhead or underground electric lines or systems; and WHEREAS, under Section 23-111 of the City Code, the City Council must find 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 and will not materially impair the viability of any City utility system and will be for the benefit of the citizens of the City. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: 1 . That the above-described sale and conveyance of an easement interest in the Property is in the best interests of the City of Fort Collins because it brings electrical power closer to the City's property and will not materially impair the viability of any City utility system and will be for the benefit of the citizens of the City. 2. That the Mayor, be and hereby is, authorized to execute a right-of- way easement in favor of Poudre Valley Rural Electric Association, Inc. for the purpose of constructing, operating, maintaining, repairing and replacing overhead or underground electric lines or systems. Introduced, considered favorably on first reading, and ordered published this 15th day of September, 1992, and to be presented for final passage on the 6th day of October, A.D. 1992 Mayor ATTEST: City Clerk Passed and adopted on final reading this 6th day of October, A.D. 1992. Mayor ATTEST: City Clerk -Fra�r AgevkJw