HomeMy WebLinkAbout1982-125-09/21/1982-AUTHORIZING THE EXECUTION OF AN AGREEMENT FOR THE PURCHASE OF PEAL PROPERTY LOCATED WITHIN THE CITY RESOLUTION 82-125
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE EXECUTION OF AN AGREEMENT
FOR THE PURCHASE OF PEAL 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, The Moody-Warren Commercial Company, 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 for the payment of a purchase price of
$51,000 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 The Moody-Warren Commercial Company 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 The Moody-Warren Commercial Company whereby
the City shall
a Purchase a parcel of land legally described as
The west fifty (50) feet of Lots Twenty (20) through
Twenty-Three (23) inclusive, Block Thirty-One
(31) 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 $51,000 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 19
Mayor
ATTEST
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City Clerk