HomeMy WebLinkAbout1974-092-11/07/1974-AUTHORIZING THE SALE OF CERTAIN REAL PROPERTY OWNED BY THE CITY RESOLUTION 74-92
OF THE COUNCIL OF THE CITY OF FORT COL] INS
AUTHORIZING THE SALE OF CERTAIN REAL PROPERTY
OWNED BY THE CITY
WHEREAS, title to the following described r( al property, situate
in the County of Larimer, State of Colorado, to-wit
Two tracts of land located in the South 1/2 of the
North 1/2 of Section 1, Township 7 North, Range 69
West of the 6th P M , which considering the West
line of said Section 1 as bearing N 00000 00" W
and with all bearings contained herein relative
thereto are more particularly described as follows
Parcel I Beginning at the SE corner of Tract A
as conveyed by deed recorded in Book 923 at Page
150 of the records in the office of the County
Clerk and Recorder of Larimer County, reference
to which is hereby made for greater certainty,
thence N 00°00123" W along the East boundary of
said Tract A parallel to the West line of the said
SW 1/4 of the NE 1/4 447 4 feet, thence S 89044122"
E parallel to the South line of said SW 1/4 of the
NE 1/4 98 0 feet, thence S 00*00123" E parallel to
the West line of said SW 1/4 of the NE 1/4 447 4
feet, thence N 89044122" W parallel to the South
line of the said SW 1/4 of the NE 1/4 98 0 feet to
the true point of beginning, containing 1 007 acres
more or less
Parcel II Beginning at the SW corner of Tract A
as conveyed by deed recorded in Book 923 at Page 150
of the records of the office of the County Clerk and
Recorder of Larimer County, reference to which is
hereby made for greater certainty, thence N 00000123"
W along the West boundary of said Tract A parallel to
the East line of said NW 1/4 469 4 feet, thence N 890
44' 22" W 103 0 feet thence S 00000123" E parallel to
the East line of said NW 1/4 469 4 feet, thence S 890
44122" E parallel to the South line of said NW 1/4
103 0 feet to the true point of beginning, containing
1 110 acres more or less
A
is vested in the City, and
WHEREAS, said lands were acquired by the City anticipating that
the same would be needed by the United States Bureau of Reclamation for the
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installation of electric transmission equipment which will be of benefit
to the City in that said Bureau of Reclamation supplies electricity to the
City of Fort Collins, and
WHEREAS, such property is not used nor intended to be used for
municipal purposes nor secured for the purpose of being used for municipal
purposes and it is in the best interests of the City of Fort Collins that
the same be sold and conveyed to the United States Bureau of Reclamation
to be used for such purposes, and
WHEREAS, the City has expended the sum of $12,300 00 in the
acquisition of said lands and the United States Bureau of Reclamation has
offered to pay to the City the sum of $12,500 00 for said lands
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
FORT COLLINS
l That the City Council hereby finds and determines that the
lands described above are not used nor intended to be used for municipal
purposes nor secured for the purpose of being used for municipal purposes
and that it is for the best interests of the City of Fort Collins that such
lands be sold to the United States Bureau of Reclamation
2 The conveyance of said lands to the United States Bureau of
Reclamation for a consideration of $12,500 00 to be paid to the City is
hereby authorized
3 The Mayor and City Clerk are hereby authorized and directed
to execute a proper deed of conveyance to said lands and to enter into
an agreement for the sale of the same in accordance herewith
Passed and adopted at a regular meeting of the City Council
held this 7th day of November, A D 1974
P -' 'a I - T 3�tnul
ATTEST Assistant Mayor
City Clerk
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