RESOLUTION NO. 42-10

 A RESOLUTION AUTHORIZING THE SALE BY THE CITY OF GRAND JUNCTION,

 COLORADO, OF CERTAIN REAL PROPERTY;

 RATIFYING ACTIONS HERETOFORE TAKEN IN CONNECTION THEREWITH

(LOT 2, PARKWAY VIADUCT SUBDIVISION)

Recitals:

The City of Grand Junction has entered into a contract with Carville’s Auto Mart Inc. for the sale by the City of that certain real property described as Lot 2 of the Parkway Viaduct Subdivision as recorded on plat in the Mesa County land records (“Property” or “the Property.”)

The City Council Property Committee has reviewed the proposed sale and a majority of the members of the Committee recommend the sale on the terms established.

The City Council must consider the recommendation of the Property Committee and if that recommendation is favorably considered by a majority of the City Council, then the Council will ratify the sales agreement.

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

1.  That the City Council hereby authorizes the sale of the Property by the City to Carville’s Auto Mart Inc, for $34,324.00.

2.  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 Contract to Buy and Sell Real Estate and this Resolution are hereby ratified, approved and confirmed.

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 Contract to buy and Sell Real Estate, including but not limited to the delivery of the deed.

 PASSED and ADOPTED this 4^th day of October 2010.

           /s/: Teresa A. Coons

           President of the City Council

Attest:

/s/: Stephanie Tuin

City Clerk