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HomeMy WebLinkAbout1992-148-09/15/1992-945 EAST PROSPECT ROAD EAST ACRES LEASE PATRICIA KELLY RESOLUTION 92-148 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LEASE OF CITY-OWNED PROPERTY AT 945 EAST PROSPECT ROAD WHEREAS, the City of Fort Collins is the owner of the property at 945 East Prospect Road, which is more particularly described on Exhibit "A" attached hereto and incorporated herein by this reference ("the Property") ; and WHEREAS, the City purchased the Property for a capital project to be constructed at a later date, and the house on the property is currently vacant; ar ! WHEREAS, under Section 23-114 of the Code of the City of Fort Collins, the Council is authorized to lease any and all interests in real property owned in the name of the City, provided that Council first finds that the lease is in the best interests of the City. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1 . That the lease of the Property to Patricia Kelly for a term of one (1) year, with rent in the amount of Five Hundred Fifty Dollars ($550) per month, is in the best interests of the City of Fort Collins. Section 2. That the Mayor is hereby authorized to enter into a lease agreement for the Property on the terms and conditions described above. Passed and adopted at a regular meeting of the City Council held this 15th day of September, 1992. i may or ATTEST: nn �!-S e - City Clerk ` s EXHIBIT "All The West 55 feet of LOT 5, EAST ACRES, a subdivision located in the Northeast Quarter of the Northeast Quarter of Section 24 , Township 7 North, Range 69 West of the 6th P.M. , according to the recorded Plat thereof, City of Fort Collins, County of Larimer, State of Colorado.