HomeMy WebLinkAbout1982-126-10/05/1982-AUTHORIZING THE EXECUTION OF AN AGREEMENT FOR THE PURCHASE OF REAL PROPERTY LOCATED WITHIN THE CITY RESOLUTION 82-126
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 the "Block 31") , and
WHEREAS, City Center Properties, a partnership, owner of a parcel of
land located within the aforementioned Block 81 desires to convey said
parcel to the City, in fee simple, absolute, free and clear of all liens
and encumbrances, in consideration for the payment of a purchase price
of $237,500 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 City Center Properties, a partnership, 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 as follows
1 That the Mayor be, and is hereby, authorized and empowered to
enter into an agreement with City Center Properties, a partnership whereby
the City shall
a Purchase a parcel of land legally described as
Lots Thirty-Three through Thirty-Seven inclusive,
Block Thirty-One in the City of Fort Collins, County
of Larimer, State of Colorado
b Pay as consideration for the purchase of said property the sum
of $237,500 00 to be paid at the time of closing
c Receive title for said property in fee simple, absolute, free
and clear of all liens and encumbrances
Passed and adopted at a regular meeting of the Council of the City of
Fort Collins held this 21st day of September , 1
Mayor
ATTEST
CitY Clerk