HomeMy WebLinkAbout1984-145-10/02/1984-AUTHORIZINNG THE PURCHASE OF REAL ESTATE FOR THE CONSTRUCTION OF A REGIONAL DETENTION FACILITY AT TH RESOLUTION 84- 145
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZINNG THE PURCHASE OF REAL ESTATE FOR THE
CONSTRUCTION OF A REGIONAL DETENTION FACILITY AT THE
TAFT HILL ROAD/PROSPECT STREET INTERSECTION
WHEREAS, the Canal Importation Basin Master Plan has recommended the
construction of a regional detention facility at the southwest corner of
the Taft Hill Road/Prospect Street intersection; and
WHEREAS, in order to construct said regional detention facility it is
necessary for the City to acquire an additional 8.83 acres of right-of-way
therefor; and
WHEREAS, the City has previously acquired an option for the purchase
of said 8.83 acres from Wheeler Realty Company, which option gives the City
the right to purchase said property for the purchase price of $176,600
and the further right to apply the option money ($10,000) to said purchase
price; and
WHEREAS, the City Council does hereby determine that it is in the best
interest of the City that said right-of-way be acquired for purpose of the
establishment of a regional detention facility.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the City Manager be, and he hereby is authorized to purchase
approximately 8.83 acres of right-of-way from Wheeler Realty Company for
the purpose of establishment of a regional detention facility the purchase
price for said property to be in the sum of $176,600 with a balance
payable of $166,600 after application of the option consideration pre-
viously given by the City.
Passed and adopted at a regular meeting of the Council of the City
of Fort Collins held this 2nd day of October, 1g 4.
May
ATTEST:
city Ct