HomeMy WebLinkAbout1989-093-04/18/1989-AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT OF SALE AND PURCHASE WITH JEFF AND MICHAEL J RESOLUTION 89-93
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE CITY MANAGER TO ENTER
INTO AN AGREEMENT OF SALE AND PURCHASE
WITH JEFF AND MICHAEL J. DONALDSON TO
PURCHASE PROPERTY KNOWN AS DONALDSON OPEN SPACE
WHEREAS, the Council of the City of Fort Collins has adopted the Parks
and Recreation Master Plan which recommends purchasing open space in the
foothills; and
WHEREAS, the Council has appropriated money in the General City
Capital Fund for the purpose of purchasing open space land in the
foothills; and
WHEREAS, the Council has appropriated money in the Water Fund which is
available for the purchase of a microwave relay station; and
WHEREAS, the Donaldson property is located in the foothills and rates
high for open space land acquisition based on criteria adopted by the 1983
Council Subcommittee on Open Space; and
WHEREAS, the Donaldson property contains land that is ideal for a
microwave relay station; and
WHEREAS, an appraisal has been done indicating a value of $250,000 for
90 acres of the property; and
WHEREAS, the current owner has agreed to sell this 90 acres of
property to the City for the appraised price; and
WHEREAS, this 90 acres is adjacent to the 40 acre parcel of property
being donated to the City by the same owner.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the City Manager be, and hereby is, authorized to enter into
an Agreement of Sale and Purchase with Jeff and Michael J. Donaldson to
purchase property known as Donaldson Open Space for a sum of Two Hundred
and Fifty Thousand Dollars (E250,000) .
Passed and adopted at a regular meeting of the Council of the City of
Fort Collins held this 18th day of April , A.D. ip8g.
_ a -
Mayor
TTEST:
City Clerk