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HomeMy WebLinkAbout1997-126-09/16/1997-945 EAST PROSPECT ROAD AUTHORIZING ONE YEAR LEASE CITY OWNED PROPERTY RESOLUTION 97-126 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING A ONE-YEAR LEASE OF CITY-OWNED PROPERTY AT 945 EAST PROSPECT ROAD WHEREAS,the City of Fort Collins is the owner of the property at 945 East Prospect Road, Fort Collins, Larimer County, Colorado; and WHEREAS,the City purchased this property for a capital project to be constructed at a later date and the house on the current lease has expired; and WHEREAS, under Section 23-114 of the Code of the City of Fort Collins, the Council is authorized to lease any and all interests in real property owned in the name of the City,provided that Council first finds that the lease is in the best interests of the City. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. Leasing the subject property is in the best interests of the City of Fort Collins. Section 2. That the City Manager is hereby authorized to enter into a new lease agreement for a term of one year for the house and lot at 945 East Prospect Road, at a monthly rate of Six Hundred Seventy-Five Dollars ($675.00). Passed and adopted at a regular meeting of the City Council held this 16th day_of September, 1997. Mayor --- ATTEST: IlAh �S�0 Ll City Clerk