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HomeMy WebLinkAbout1987-085-07/07/1987-FOOTHILLS PARK RESUBDIVISION QUITCLAIM DEED RESOLUTION 87-85 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE CITY MANAGER TO EXECUTE A QUITCLAIM DEED FOR CERTAIN LOTS IN FOOTHILLS PARK RESUBDIVISION WHEREAS, because of a certain deed purporting to convey lots to the City of Fort Collins in Foothills Park Resubdivision, there exists a cloud on the title of said lots, as hereinafter described; and WHEREAS, the purpose of said deed has now been satisfied by the payment to the City of the sum of $54,378 by the developer and owner of said lots; and WHEREAS, the Council of the City of Fort Collins does hereby determine that it is in the best interests of the City that the question of title to said lots be resolved, in order that said lots may be sold and developed; and WHEREAS, the Council does further find that said lots are not used, intended to be used, or secured for the purpose of being used for municipal purposes, and that it is in the best interests of the City that any interest the City may possess in said lots be conveyed, by quitclaim deed, to the First Federal Savings Bank of Colorado. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the Mayor be and he hereby is authorized to execute a quitclaim deed conveying to the First Federal Savings Bank of Colorado such interest as the City may have in the following described property in the City of Fort Collins, County of Larimer, State of Colorado, to wit: Lots 1 through 10, Block 1 ; Lot 23, Block 2; and Lots 13, 14 and 15, Block 5; all in Foothills Park Resubdivision, in the City of Fort Collins, County of Larimer, State of Colorado. Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 7th day of July, A.D. 1987. May, A\ST:WLM W City Clerk