ORDINANCE NO. 2402

AN ORDINANCE SUBMITTING TO THE ELECTORATE OF THE CITY OF GRAND JUNCTION THE QUESTION OF THE SALE OR TRADE OF CERTAIN PARK LANDS WITHIN THE CITY

BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION:

That there be submitted to the registered electors of the City of Grand Junction at the regular election on April 4, 1989, the question of the sale or trade of certain lands within the city as hereinafter set out:

1. Shall the City Council be authorized to sell or trade, for at least the appraised value thereof, that portion of Sherwood Park in Sherwood Addition lying south of South Sherwood Drive; if traded, the lands traded for shall be at least equal in value and shall be used for park purposes, and, if sold, the monies received shall be deposited in the City's Open Space Fund for the acquisition and/or improvement of park lands.

FOR THE SALE OR TRADE

AGAINST THE SALE OR TRADE

2. Shall the City Council be authorized to sell or trade, for at least the appraised value thereof, Lot 11 and the South 10 feet of Lot 10 in Block 1, Arcadia Village; if traded, the lands traded for shall be at least equal in value and shall be used for park purposes, and, if sold, the monies received shall be deposited in the City's Open Space Fund for the acquisition and/or improvement of park lands.

FOR THE SALE OR TRADE

AGAINST THE SALE OR TRADE

3. Shall the City Council be authorized to sell or trade for at least the appraised value thereof, that lot labeled Park Site in the 1st Addition to Pheasant Run - Spring Valley Filing No. 6 & Replat of Lots 1-4, Pheasant Run Spring Valley Filing No. 6; if traded, the lands traded for shall be at least equal in value and shall be used for park purposes, and, if sold, the monies received shall be deposited in the City's Open Space Fund for the acquisition and/or improvement of park lands.

FOR THE SALE OR TRADE

AGAINST THE SALE OR TRADE

4. Shall the City Council be authorized to sell or trade, for at least the appraised value thereof, Lot 9 of Block 19, Pheasant Run Spring Valley No. 6; if traded, the lands traded for shall be at least equal in value and shall be used for park purposes, and, if sold, the monies received shall be deposited in the City's Open Space Fund for the acquisition and/or improvement of park lands.

FOR THE SALE OR TRADE

AGAINST THE SALE OR TRADE

PASSED and ADOPTED this 2nd day of November, 1988.

John W. Bennett

____________________

President of the Council

Attest:

Neva B. Lockhart, CMC

____________________

City Clerk

I HEREBY CERTIFY that the foregoing ordinance, being Ordinance No. 2402, was introduced, read, and ordered published by the City Council of the City of Grand Junction, Colorado, at a regular meeting of said body held on the 19th day of October, 1988, and that the same was published in The Daily Sentinel, a newspaper published and in general circulation in said City, at least ten days before its final passage.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 3rd day of November, 1988.

Neva B. Lockhart, CMC

____________________

Neva B. Lockhart, CMC

City Clerk

Published: October 21, 1988

Published: November 4, 1988

Effective: December 4, 1988