RESOLUTION NO. 69-00

AUTHORIZING THE ACCEPTANCE OF AN OFFER TO SELL

TO THE GRAND JUNCTION HOUSING AUTHORITY

LOTS 19 THROUGH 26, BLOCK 134 OF THE

CITY OF GRAND JUNCTION

 WHEREAS, the City of Grand Junction is the owner of that certain real property described as Lots 19 through 26, Block 134 of the City of Grand Junction; and

 WHEREAS, the Housing Authority of the City of Grand Junction has offered to purchase said property for a purchase price of $25,000 in accordance with the terms and conditions of the attached Contract to Buy and Sell Real Estate; and

 WHEREAS, the City Council has determined that said property is not held or used for park or any other governmental purposes; and

 WHEREAS, the City Council has determined that the sale of said property to the Housing Authority of the City of Grand Junction, as proposed, is in the best interest of the inhabitants of the City of Grand Junction.

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

1.  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 with the Housing Authority of the City of Grand Junction, and to additionally sign all documents necessary and appropriate to convey said property to the Housing Authority of the City of Grand Junction.

2.  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 warranties as to the environmental condition of the property or fitness of the property for any purposes whatsoever.

 PASSED and ADOPTED this 5^th day of July, 2000.

Attest:

                     /s/ Gene Kinsey      

                     President of the City Council

/s/ Stephanie Nye          

City Clerk