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HomeMy WebLinkAbout1984-115-08/07/1984-AUTHORIZING THE EXECUTION OF AN EXCHANGE OF REAL ESTATE AGREEMENT WITH CALVIN C. AND LOIS M. JOHNSON RESOLUTION 84- 115 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE EXECUTION OF AN EXCHANGE OF REAL ESTATE AGREEMENT WITH CALVIN C. AND LOIS M. JOHNSON FOR THE PURPOSE OF CONSTRUCTION OF THE TIMBERLINE/PROSPECT INTERSECTION PROJECT WHEREAS, the City is engaged in the Timberline/Prospect Intersection project for the purpose of bringing the said intersection up to arterial street standards to accomodate traffic increases as presently experienced at the intersection; and WHEREAS, as a part of said project, it is necessary and desirable to acquire a .9 acre parcel of land from Calvin C. and Lois M. Johnson; and WHEREAS, the City is the owner of a certain .9 acre parcel in the vicinity of said intersection which parcel is not used nor intended to be used for municipal uses, nor secured for the purpose of being used for municipal purposes, and it is in the best interest of the City of Fort Collins that the said parcel be exchanged to Calvin C. and Lois M. Johnson for said .9 acre parcel owned by them; and WHEREAS, it is further in the best interest of the City that, as a part of said exchange, the City relocate the existing buildings on the Johnson site to a site immediately to the south thereof in order that the realignment of the channel of Spring Creek may be accomplished. NOW, THEREFORE, be it resolved by the Council of the City of Fort Collins that the City Manager be and hereby is authorized to enter into an exchange of real estate agreement with Calvin C. and Lois M. Johnson for — the exchange of said parcels of land in the vicinity of the Timberline/ Prospect intersection; that the relocation of existing buildings upon the Johnson site be accomplished by the City as aforesaid; and that the Mayor be, and he hereby is, authorized to execute such deeds of conveyance as may be necessary to accomplish the foregoing. Passed and adopted at a regular meeting of Council of the City of Fort Collins this 7th day of August, A.D. 1984. Mayor ATTEST: Q_ 9.� City Clerk