HomeMy WebLinkAbout1983-192-11/01/1983-AUTHORIZING THE EXECUTION OF AN AGREEMENT FOR THE PURCHASE OF REAL PROPERTY LOCATED WITHIN THE CITY RESOLUTION 83- 192
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE EXECUTION OF AN AGREEMENT
FOR THE PURCHASE OF REAL PROPERTY LOCATED
WITHIN THE CITY OF FORT COLLINS ON THE BLOCK
BOUNDED ON THE SOUTH BY MOUNTAIN AVENUE, ON
THE WEST BY HOWES STREET, ON THE NORTH BY
LAPORTE AVENUE AND ON THE EAST BY MASON STREET
WHEREAS, the City of Fort Collins (hereinafter referred to as "City")
has heretofore purchased property in the City of Fort Collins in the block
bounded on the south by Mountain Avenue, on the west by Howes Street, on
the north by LaPorte Avenue and on the east by Mason Street (hereinafter
referred to as "Block 31") , and
WHEREAS, 256 W Mountain Associates, a partnership, owner of a parcel
of land located within the aforementioned Block 31 desires to convey said
parcel to the City, in fee simple, absolute, free and clear of all liens
and encumbrances, in consideration of the payment of a purchase price of
$238,000 00, and
WHEREAS, the purchase of said real property, upon the terms and
conditions as herein stated, and as may be more expressly provided in the
agreement between the City and 256 W Mountain Associates is hereby deemed
by the Council of the City of Fort Collins to be in the best interests of
the Citizens of the City
NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the Mayor be, and he is hereby, authorized and empowered
to enter into an agreement with 256 W Mountain Associates, a partner-
ship whereby the City shall purchase The south ninety (90) feet of Lots
Forty (40) and Forty-One (41) , and all of Lots Forty-Two (42) and Forty-
Three (43) , Block Thirty-One (31) , City of Fort Collins, Colorado, re-
ceiving title for said property in fee simple, free and clear of all
liens and encumbrances upon payment by the City of the purchase price of
$238,000 00 and upon performing by each party of such other terms and
conditions as are contained in said agreement
Passed and adopted at a regular meeting of the City Council held this
1st day of November, A D 1983
ayo
ATTEST
City Clerk