RESOLUTION NO. 80-97

AUTHORIZING THE SALE AND CONVEYANCE OF CITY PROPERTY

TO JAMES S. COOK

 WHEREAS, the City of Grand Junction is the owner of that certain real property in the City of Grand Junction, County of Mesa, State of Colorado, described as Lot 1 of Sherwood Park Minor Subdivision; and

 WHEREAS, James S. Cook has offered to purchase the above described property for a purchase price of $145,700 pursuant to the terms and conditions of the attached Contract to Buy and Sell Real Estate; and

 WHEREAS, pursuant to City Ordinance No. 2402 and pursuant to the action of the electorate of the City of Grand Junction at the regular municipal election held on April 4, 1989, the above described property is not necessary for governmental purposes and may be sold by the City; and

 WHEREAS, the City Council has determined that the sum of $145,700 is a fair and reasonable purchase price for the above described property.

 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION, COLORADO:

 That the City Manager is hereby authorized and directed, on behalf of the City and as the act of the City, to execute the attached Contract to Buy and Sell Real Estate and to additionally sign all documents necessary and appropriate to convey said property to James S. Cook; provided, however, that the City shall make no representations or warranties of any kind or nature whatsoever as to the physical condition of the property, including, without limitation, any representations or warranties as to the environmental condition of the property or fitness of the property for any purpose whatsoever.

 PASSED and ADOPTED this 19th day of November, 1997.

Attest:              /s/ Janet Terry_____________

             President of the City Council

/s/ Theresa F. Martinez______

Deputy City Clerk