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HomeMy WebLinkAbout1986-030-02/18/1986-DOWNTOWN DEVELOPMENT 185 NORTH COLLEGE AVENUE AUTHORITY PURCHASE SMALL WONDER RESOLUTION 86- 30 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING THE PURCHASE OF THE PROPERTY KNOWN AS SMALL WONDER LOCATED AT 185 NORTH COLLEGE AVENUE BY THE FORT COLLINS DOWNTOWN DEVELOPMENT AUTHORITY WHEREAS, the Fort Collins Downtown Development Authority has been duly organized in accordance with CRS 31-25-804, Colorado Revised Statutes, 1973, as amended; and WHEREAS, Colorado state enabling legislation authorizes the Downtown Development Authority to purchase property for the purpose of the prevention of the spread of blight; and WHEREAS, the Fort Collins Downtown Development Authority has as one of its primary objectives the improvement of the downtown in accordance with the approved Plan of Development; and WHEREAS, the property known as Small Wonder located at 185 North College is for sale and falls within the DDA boundaries; and WHEREAS, the Board of Directors of the Fort Collins Downtown Development Authority has approved the purchase of said property for the above stated reasons. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that it approves the purchase of the property known as Small Wonder located at 185 North College by the Fort Collins Downtown Development Authority. Passed and adopted at a regular meeting of the City Council held this 18th day of February, 1986. Mayor ATTEST: �1 City Clerk