HomeMy WebLinkAbout099 - 09/18/1990 - AUTHORIZING THE EXCHANGE OF REAL PROPERTIES BETWEEN THE CITY AND FAITH EVANGELICAL FREE CHURCH ORDINANCE NO. 99, 1990
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE EXCHANGE OF REAL PROPERTIES BETWEEN
THE CITY AND FAITH EVANGELICAL FREE CHURCH
WHEREAS, the City of Fort Collins ("the City") and the Faith
Evangelical Free Church ("the Church") have entered into an Agreement of
Exchange of Real Property dated August _, 1990, ("the Agreement") ; and
WHEREAS, pursuant to the Agreement the City has agreed to deed to the
Church .27 acres of the City's real property located in the Ross Open Space
("the City Property") ; and
WHEREAS, in return the Church has agreed to deed to the City .27 acres
of the Church's real property that is located adjacent to the Ross Open
Space ("the Church Property") ; and
WHEREAS, i�, addition, the Church has agreed to deed .07 acres of its
real property to the City for a bicycle/pedestrian trail to provide access
from Drake Road to the Ross Open Space ("the Trail Property") but reserving
to the Church an easement across the Trail Property to provide the Church
with access from Drake Road to its future parking lot; and
WHEREAS, the City has also agreed to grant to the Church an easement
for drainage over, across and under that certain real property described on
Exhibit "A" attached hereto and incorporated herein by reference ("the
Drainage Easement") ; and
WHEREAS, the Agreement is contingent upon City Council 's approval of
the Agreement on or before September 18, 1990; and
WHEREAS, the Council finds, in accordance with Section 23-111 of the
Code of the City of Fort Collins, that the conveyance of the City Property
and the Drainage Easement in exchange for the Church Property and the Trail
Property is in the best interests 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 conveyance of the City Property and the Drainage
Easement in exchange for the Church Property and the Trail Property is in
the best interests of the City of Fort Collins.
Section 2. That the Agreement is hereby approved.
Section 3. That the Mayor be, and hereby is, authorized to execute
deeds conveying the City Property and the Drainage Easement to the Church,
pursuant to the terms and subject to the contingencies contained in the
Agreement.
Introduced, considered favorably on first reading, and ordered
published this 4th day of September, A.D. 1990, and to be presented for
final passage on the 18th day of September, A.D. 1990.
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 18th day of September, A.D.
1990. /
Mayor
ITEST: �
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City Clerk