CITY OF GRAND JUNCTION, COLORADO
RESOLUTION NO. 67-93
A RESOLUTION ACCEPTING CONTRACTS FOR LAND PURCHASE FOR PROPERTY SOUTH OF I-70 AND EAST OF 24 ROAD CONSISTING OF APPROXIMATELY 73 ACRES FOR A PURCHASE PRICE OF $582,000, RATIFYING THE CITY MANAGER'S SIGNATURE THEREON, AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE CLOSING DOCUMENTS
WHEREAS, the City has entered into contracts with Leonard Long for the sale and purchase by the City of that certain real property described as:
Lots 27, 33, 34 and that part of Lot 28 lying east of the wash which cuts said Lot 28 except highway, all in Pomona Park, Mesa County, also known as 727 24 1/2 Road, Grand Junction, Colorado 81505
and
Lots 29, 30, 31, and 32, and that part of Lot 28 which lies west of the wash thereon; and all in Pomona Park, excluding the south 145.80 feet of the west 258.00 feet of Lot 31 in Pomona Park and except highway, if any, Mesa County, Colorado also known as 728 24 Road, Grand Junction, Colorado 81505; and
WHEREAS, the City Council deems it necessary and proper that the City purchase said Property together with all improvements thereon and appurtenant thereto.
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION, COLORADO:
1. That the City Council hereby authorizes the purchase of the Property by the City for a purchase price not to exceed $582,000.00. All actions heretofore taken by the officers, employees and agents of the City relating to the purchase of the Property which are consistent with the provisions of the attached Contract to Buy and Sell Real Estate and this Resolution are hereby ratified, approved and confirmed.
2. That the City Council hereby authorizes the expenditure of $582,000.00 for the purchase of the Property to be paid at closing on December 8, 1993, or by mutual agreement at an earlier date.
3. That the officers, employees and agents of the City are hereby authorized and directed to take all actions necessary or appropriate to effectuate the provisions of this Resolution and the attached Contract to Buy and Sell Real Estate, including without limitation the performance of the environmental audits, boundary surveys, and the execution and delivery of such certificates and documents as may be necessary or desirable.
PASSED AND ADOPTED this 6th day of October, 1993.
_____________________________
President of the City Council
ATTEST:
___________________________
Stephanie Nye, City Clerk