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HomeMy WebLinkAbout1982-123-09/21/1982-AUTHORIZING THE EXECUTION OF AN AGREEMENT FOR THE PURPOSE OF REAL PROPERRTY LOCATED WITHIN THE CITY RESOLUTION 82-123 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, Theodore R Davis, 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 $122,000 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 Theodore R Davis 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 Theodore R Davis whereby the City shall a Purchase a parcel of land legally described as Lots Twenty-Four (24) and Twenty-Five (25) , 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 $122,000 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 September8 Mayor ATTEST City Clerk