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HomeMy WebLinkAbout2004-040-03/16/2004-AUTHORIZING THE LEASE OF CITY-OWNED PROPERTY AT 304 NORTH HOWES STREET RESOLUTION 2004-040 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LEASE OF CITY-OWNED PROPERTY AT 304 NORTH HOWES STREET WHEREAS,the City of Fort Collins is the owner of the property legally described as Lot 15, Block 33, Fort Collins, Colorado and also known as 304 and 304-1/2 North Howes Street (the "Property"); and WHEREAS, the residence at 304 North Howes Street is shown as "Residence" on Exhibit "A" attached hereto; and WHEREAS, the City purchased this Property for the Civic Center Master Plan and has not yet finalized specific plans for the Property; and WHEREAS, the City desires to lease the Property for a term of one year, with the option to renew for an additional year at a monthly rate of at least$700; and 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 Council hereby finds that leasing the Property under the terms listed above is in the best interests for the City of Fort Collins. Section 2. That the City Manager is hereby authorized to execute a lease agreement for the Property, consistent with the terms of this Resolution, together with such additional terms and conditions as the City Manager, in consultation with the City Attorney, determines to be necessary and appropriate to protect the interests of the City. Passed and adopted at a regular meeting of the City Council held thi 16th day of March, 2004. May r ATTEST: �) A z City Clerk EXHIBIT "A" EXHIBIT "A" I LEASE OF 304 N . HOWES LOCATION MAP it N O 2 CHERRY ST CAR BARN i I I A V/ Z ` Z O D m Residence a z f!i N j I it MAPLE ST I: I l N ! ® City-Owned Buildings ® 304 N. Howes it