Resolution No. 02-06

A RESOLUTION RATIFYING THE CONVEYANCE OF LAND TO

SCHOOL DISTRICT 51

Recitals.

The City acquired approximately 19 acres of land at 2927 ½ D ½ Road. The City purchased the land cooperatively with School District 51 in April of 2005. The intention of the District is to construct a school on approximately 10.5 acres of the land. The City may construct a park, a fire station or otherwise use its property for purposes yet to be determined.

The City Manager and the Superintendent have agreed on a division of the land which has been monumented by a duly recorded subdivision plat. The City has retained a parcel of approximately 4 acres and has an option to acquire approximately 1.5 acres. The District less rights of ways, easements and a disputed area owns the balance of the property.

The Council having been fully advised in the premises does hereby ratify the action of the City Manager and affirms the actions taken to convey real property to District 51 located at 2927 ½ D ½ Road. The value of the property and 14 shares of water is

$614, 075.00

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

That the City Council finds and determines that the conveyance of Lot 1 of Girardi subdivision containing 10.58 acres and Tract 2, a parcel of land containing 1.526 acres located at 2927 ½ D ½ Road, to Mesa County Valley School District 51 is in the public interest and ratifies the actions conveying the same.

PASSED and ADOPTED this 4^th day of January 2006.

/s/: Bruce Hill

Bruce Hill, Mayor

Attest:

/s/: Stephanie Tuin

Stephanie Tuin

City Clerk