HomeMy WebLinkAbout1969-106-11/26/1969-APPROVING AN AGREEMENT TO BE ENTERED INTO WITH HIGHLANDS DEVELOPMENT COMPANY, INC. AND SHERWOOD, INC RESOLUTION
OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING
AN AGREEMENT TO BE ENTERED INTO WITH HIGHLANDS
DEVELOPMENT COMPANY, INC. , AND SHERWOOD, INC.
WHEREAS, Highlands Development Company, Inc., and Sherwood, Inc. ,
are developing subdivisions of certain lands in the vicinity of Stover
Street at its intersection with the Sherwood Ditch; and
WHEREAS, in connection with the development of said subdivisions,
it is necessary to erect a bridge over the Sherwood Ditch, realign
said Ditch and install certain other street improvements for Stover
Street; and
WHEREAS, the said Highlands Development Company, Inc. , and
Sherwood, Inc. , have agreed to pay the cost of said improvements and have
requested that the City construct the same with the City's cost to be
reimbursed upon completion of the improvements; and
WHEREAS, an agreement has been prepared providing for such
improvements to be constructed by the City and paid for by said developers,
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 said agreement 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 .
Passedand adopted at a regular meeting of the City Council
held this 26th day of November, A. D. 1969.
or
ATTEST:
s
l
City ,CI,6rk