HomeMy WebLinkAbout1976-072-11/09/1976-AMENDING AN AGREEMENT WITH THE COLORADO AND SOUTHERN RAILWAY COMPANY RESOLUTION 76-72
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AMENDING AN AGREEMENT WITH THE COLORADO
AND SOUTHERN RAILWAY COMPANY
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WHEREAS, heretofore the City entered into an agreement
with the Colorado and Southern Railway Company whereby the
City leased from the railway company a tract of land to be
used as a municipal parking lot, and
WHEREAS, this tract of land is in the core area and
will be assessed for the improvements to be constructed
pursuant to the proceedings in Downtown Improvement District
No 1 and City of Fort Collins General Improvement District
No 1, and
WHEREAS, the Colorado and Southern Railway Company has
requested that the lease for the parking lot be amended so
as to require the City to pay all assessments accruing on
the parking lot property on account of the downtown improve-
ments while the same is leased and used as a municipal
parking lot and
WHEREAS, in the opinion of the City Council it is
reasonable and proper that the City pay all such assessments
during that time, and
WHEREAS, an agreement has been prepared and presented
to the City Council which will amend the lease agreement for
the municipal parking lot and require the City to pay all
assessments accruing during the term of the lease, which
agreement has been approved by the City Manager and the City
Attorney
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE
CITY OF FORT COLLINS that the terms and conditions of the
agreement herein referred to be, and the same hereby are,
accepted and approved, and
BE IT FURTHER RESOLVED that the Mayor and City
Clerk be, and they hereby are, authorized and directed to
execute said agreement for and on behalf of the City of Fort
Collins
Passed and adopted at an adjourned meeting of the City
Council held this 9th day of November, A D 1976
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