Loading...
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