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HomeMy WebLinkAbout119 - 10/19/1993 - AMENDING PROVISIONS OF CITY CODE PERTAINING TO SALE OF REAL PROPERTY (NO ACTION TAKEN) ORDINANCE NO. 119, 1993 OF THE COUNCIL OF THE CITY OF FORT COLLINS AMENDING THE PROVISIONS OF SECTION 23-111 AND SECTION 23-113 OF THE CITY CODE PERTAINING TO THE SALE OF REAL PROPERTY WHEREAS, the City Code presently provides that the sale or other disposition of real property owned in the name of the City must be approved by the City Council ; and WHEREAS, the City sometimes acquires title to real property through or in lieu of the foreclosure of a special assessment lien under the provisions of Section 22-97; and WHEREAS, in order to expedite the sale of such property and procure the best price obtainable therefor, the City Council believes it would be in the best interests of the City to authorize the City Manager to approve such sales, so long as such property is sold for fair market value and the process for marketing the sale of the same has been approved by the Council . NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That Section 23-111, subparagraphs (a) , (b) and (e), of the Code of the City of Fort Collins are hereby amended to read as follows: Sec. 23-111. Authorization to sell real property. (a) The Gity Ceuneil is hereby authorized to sell , eenvey—er otherwise dispose of any and all interests in real preperty owned in the name of the city, whether the interest in al property is first finds, by ardinanee, that such Baler ather dilpesi'mien is in the best interests of the Any sale, canveyance v other; disposition of reaT ,property o�rned in the name of the city roust first be approved byjthe City CvunciT by ardnance as being In tfie'. Iaest interests of the; city; provided,; haweve.r, that the City;Manager. may apprvue the sate of any r.:.ual property tfiat the city has ,acquired through fair ar it lieu of the foreclosure of apeclaTassessment lien! under the provis�ans' af 22 9i , so sang as, such safe is far r:: maAt value .:and thepracessfor marketing t'Ite saTeof the same has. been c©nducted accard.7ng toracedures estabTishd by the Council by Resvl;ut�on; (b) With respect to real property which is a part of the city's water or utility systems, the City Council must e4&& find that the disposition will not materially impair the viability of the particular utility system as a whole and that it will be for the benefit of the citizens of the city. (e) The Mayor is authorized to execute all leases, deeds and other instruments of conveyance on. behalf .af tfie city,.,, Alternatively, the �Gity Maaget day exei.te all such agreements' No /\C-Gov, Take,A Ico/s/93 duds; and other documents as may 'be nee�ssary to convey real: property which has been acquired by the city through or in .lieu of forectnsure as provq in subparagraRb (a?. of this 5ect7on. Section 2. That Section 23-113 of the Code of the City of Fort Collins is hereby amended to read as follows: Sec. 23-113. Form of deeds; signature and seal . All leases, deeds and other instruments of conveyance executed ley qri behalf of ?4the Gcity of Ford by the Mayor, nr tjhe o Manager, purpgrting to have keen made pursuant to the provisions of this .gtvisinnand attested by the City Clerk with tie official seal of the city affixed thereto and purporting to haye been made pursuant to the provisions of this Di0sion shall be deemed prima facie evidence of due compliance with all the requirements of this Division. Introduced, considered favorably on first reading, and ordered published this 5th day of October, A.D. 1993, and to be presented for final passage on the 19th day of October, A.D. 1993. Mayor ATTEST: City Clerk Passed and adopted on final reading this 19th day of October, A.D. 1993. Mayor ATTEST: City Clerk 2