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HomeMy WebLinkAbout113 - 08/02/1994 - AUTHORIZING A NON-EXCLUSIVE UTILITY EASEMENT FOR A GAS LINE TO PUBLIC SERVICE COMPANY AND APPROPRIAT ORDINANCE NO. 113, 1994 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE CITY TO GRANT A NON-EXCLUSIVE UTILITY EASEMENT FOR A GAS LINE TO PUBLIC SERVICE COMPANY OF COLORADO AND APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND FOR THE CHOICES 95 OLDER ADULT CENTER PROJECT WHEREAS, the City of Fort Collins is the owner of the Tand known as the Fort Collins Senior Center P.U.D. in Larimer County, Colorado; and WHEREAS, the Public Service Company of Colorado wishes to acquire a non- exclusive easement interest in the property as described on Exhibit "A," attached hereto and incorporated herein by this reference, to construct, operate, maintain, repair and replace a gas line; 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 disposition of real property owned by the City is in the best interest of the City of Fort Collins; and WHEREAS, the value of the easement, based on comparable sales in the areas, is $2,150; and WHEREAS, consideration for the aforementioned easement will result in unanticipated revenue in the Capital Projects Fund, Older Adult Center capital project; and WHEREAS, Article V, Section 14, of the Charter of the City of Fort Collins authorizes the City Council to appropriate unanticipated revenues which are the result of new revenue sources at any time during the year in which such revenue is received. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1 . That the above-described sale and conveyance of an easement interest is in the best interest of the City of Fort Collins. Section 2. That the Mayor is authorized to execute an agreement conveying a non-exclusive easement interest for a gas line to Public Service Company of Colorado over, on, and under the real property described on Exhibit "A", for the amount of TWO THOUSAND ONE HUNDRED FIFTY DOLLARS ($2,150) . Section 3. That there is hereby appropriated for expenditure from unanticipated revenue in the Capital Projects Fund, Older Adult Center project, the sum of TWO THOUSAND ONE HUNDRED FIFTY DOLLARS ($2,150) to be used with previously appropriated funds for the Choices 95 Older Adult Center project. Introduced, considered favorably on first reading, and ordered published this 19th day of July, A.D. 1994, and to be presented for final passage on the 2nd day of August, A.D. 1994. r A(T�T�jEST:n `111QMAl� kd ul City Clerk v . 1 Passed and adopted on final reading this y of Augus D. 1 4. yor ATTEST: 1i nmLk. 7� -"I City Clerk EXHIBIT "A" LEGAL DESCRIPTION - GAS LINE EASEMENT FORT COLLINS SENIOR CENTER P.U.D. FORT COLLINS, COLORADO Beginning at the Northeast corner of the Fort Collins Senior Center P.U.D. , City of Fort Collins, County of Larimer, State of Colorado, according to the recorded plat thereof: Thence South 00 degrees 21 minutes 00 seconds East, 286.74 feet; thence along a non-tangent curve to the left having a delta of 02 degrees 05 minutes 50 seconds, a radius of 274.00 feet an arc of 10.03 feet and a chord which bears South 85 degrees 19 minutes 27 seconds West, 10.03 feet; thence North 00 degrees 21 minutes 00 seconds West, 287.58 feet; thence South 89 degrees 53 minutes 30 seconds East, 10.00 feet to the Point of Beginning of this description. Said Gas Line Easement contains 2,871.00 square feet, more or less.