HomeMy WebLinkAbout1989-164-09/05/2003-AUTHORIZING THE MAYOR TO EXECUTE A DEED CONVEYING A TEN-FOOT STRIP OF LAND IN FOX MEADOWS SUBDIVISIO RESOLUTION 89-164
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE MAYOR TO EXECUTE A
DEED CONVEYING A TEN-FOOT STRIP OF LAND
IN FOX MEADOWS SUBDIVISION TO
AMERICAN CONTINENTAL CORPORATION AND
ACCEPTING AN EIGHTEEN-FOOT STRIP OF LAND
IN FOX MEADOWS SUBDIVISION CONVEYED BY
AMERICAN CONTINENTAL CORPORATION TO THE CITY
WHEREAS, on March 2, 1988, American Continental Corporation conveyed
the east five feet of Lot 18 and the west five feet of Lot 17, Block 10,
Fox Meadows Subdivision in the City of Fort Collins (Parcel A) to the City
to be used for a bicycle/pedestrian pathway; and
WHEREAS, subsequent to the aforesaid conveyance, circumstances have
developed which have resulted in the necessity of exchanging the
above-described property for a new conveyance from American Continental
Corporation for an eighteen-foot strip of land located on and across Lot
17, Block 10, Fox Meadows Subdivision in the City, (Parcel B) being more
particularly described as follows:
A parcel of land located in Lot 17, Block 10 of Fox Meadows
Subdivision to the City of Fort Collins, County of Larimer, State
of Colorado, more particularly described as follows: Beginning
at the Northeast corner of said Lot 17, thence N 89*37144" W,
along the North line of said Lot 17, 10.00 feet to the point of
beginning, thence S 00022'16" W, 88.57 feet to the southerly line
of said Lot 17, thence along said line N 89'37'44" W, 18.00 feet,
thence N 00"22'16" E 88.57 feet to the North line of said Lot 17,
thence S 89°37'44" E along said North line 18.00 feet to the
point of beginning;
and
WHEREAS, in consideration of the conveyance of Parcel B to the City,
the City Council does hereby find that Parcel A is not used or intended to
be used for municipal purposes or secured for the purpose of being used for
municipal purposes, and that it is in the best interests of the City that
said parcel of property be conveyed to American Continental Corporation;
and
WHEREAS, the Council does further desire to accept the conveyance by
American Continental Corporation to the City of Parcel B.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the Mayor be, and he hereby is, authorized to execute
a special warranty deed conveying Parcel A to American Continental
Corporation.
Section 2. That the Council does hereby accept the conveyance of
Parcel 8 to the City from American Continental Corporation.
Passed and adopted at a regular meeting of the Council of the City of
Fort Collins held this 5th day of September, A.O. 1989.
Mayor
A,ZTEST:
W�".
City Clerk