The URL can be used to link to this page

Home My WebLink About8351t RESOLUTION NO. 8351 A RESOLUTION APPROVING A SPECIAL WARRANTY DEED CONVEYING THE PROPERTY LOCATED AT 629 ELM STREET, PUEBLO, COLORADO TO RAYMOND L. SANDOVAL AND RANIA CARRILLO, FORMERLY KNOWN AS RANIA SANDOVAL AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1 The Special Warranty Deed conveying Lot 7, Block 11, Resubdivision of Lots 1 to 8, Block 11, South Pueblo Homestead and Building Association's Subdivision of Block Y in the former City of South Pueblo, now a part of the City of Pueblo, Pueblo County, Colorado, and commonly known as 629 Elm Street, to Raymond L. Sandoval and Rania Carrillo, formerly known as Rania Sandoval, a copy of which is attached hereto, having been approved as to form by the City Attorney, is hereby approved. The President of the City Council is authorized to execute and deliver the Special Warranty Deed.in the name of the City and the City Clerk is directed to affix the seal of the City thereto and attest same. INTRODUCED: February 23, 1998 ATTEST: City Cler By John Varna Councilperson APPROVED: President o A the dity Council `' PUEBLO& IPn.00 #g'351 Ro �q d z z3� Title: A RESOLUTION APPROVING A SPECIAL WARRANTY DEED CONVEYING THE PROPERTY LOCATED AT 629 ELM STREET, PUEBLO COLORADO TO RAYMOND L. SANDOVAL AND RANIA CARRILLO, FORMERLY KNOWN AS RANIA SANDOVAL AND AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO EXECUTE SAME Agenda Item # Department: Housing & Community Development Date: February 23. 1998 1. SUMMARY 1. Issue: The Pueblo City Council shall consider approving a deed conveying a formally vacant and foreclosed city property to present tenants under a Lease / Option as part of the Urban Homestead Program approved by city council resolution 6706. 2. Recommendations: Approve the resolution allowing the lessees to purchase the property as outlined in Lease with Option to Purchase agreement dated December 31, 1997 2. BACKGROUND The City of Pueblo entered into a contract under the City of Pueblo Urban Homestead Program in the form of a Lease with Option to Purchase dated December 31, 1992 with Raymond L Sandoval and Rania Carrillo, formally known as Rania Sandoval. The lessees have performed per the agreement and have exercised their option to purchase the property located at 629 Elm Street Pueblo Colorado. 3. FINANCIAL IMPACT Lessees have performed per the agreement and have been approved for a private lender loan to pay off the remaining amount owed the City in the amount of $22,000 4. ALTERNATIVES City Council can choose not to honor the agreement and would have the matter referred to the city attorney City council can honor the Lease agreement and make lessees permanent homeowners. TRANSNATION- PUEBLO ID:719- 545 - 5326 SEP 04'98 12:47 No.001 P.02 1 1!1111111111119 FOR 11111111111111111111111 IN 01/84/2l88 99040 93893 P181 uo 1st 2 R 11.88 D 2.10 Pueblo Cty Clk 4 Nee. SPECIAL WARRANTY DECD THIS DEED, made this 23rd �ny of F cbruar_Y , 1998, between the city of Pueblo, a Municipal Corporation of the first pat, and Raymond L. Sandoval and Rania Carrillo, formerly known as Rania Sandoval, of the County of Pueblo and State of Colorado, of the second part; WITNESSETH, That the said party of the first part, for and in consideration of the sum of Twenty-One Thousand and No /100 Dollars (S21,000.00), to the said party of the first parr, in hood paid by the said patty of the second part, die receipt whereof is hereby confessed and acknowledged, has granted. bargained, sold and conveyed, and by these presents does grant, bargain, sell, convey and confirm unto ate said pony of the second part, their heirs and assigns forever, all the following described real property, situate, lying and being in the County of Pueblo and State ofColorado, to- wit: Lot y, Block 11, Resubdivislon of Lots 1 to 8, Block 11, South Pueblo Homestead and Building Association's Subdivision of block Y in the former City of South Pueblo. now a pan of the City of Pueblo and commonly known as 629 Lim Street, Pueblo, Colorado; , ' Together with all and singular the hercditaments std appurtenances thereunto belonging, or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues and profits thereof; and all the estate, right, title, interest, claim and demand whatsoever, of the said party of the first part. ciwhcr I" I:iw or equity. of, in and to the above bargained promises, with the hereditaments and appurtenances; TO HAVE AND TO IIOLD the said premises above bargained and described, with die appurtenances, unto the said party of the second part. their heirs and assigns forever. Said party of the second part takes said estate, right. title and interest of said party of the first part subject to all existing easements, covenants. and encroachments of record and all environmental conditions present, including both those of record and those not of record. And the said party of the first part, for itself and its successors, does covenant, grant. bargain and agree to and with the said patty of the second pact, their heirs and assigns, the above bargained premises in the quiet and peaceable possession of said party of the second pat, their heirs and assigns. against all and every person or persons lawfully claiming or to claim the whole or any part thereof, by, through or under the said party of the first part to WARRANT AND FOREVER DEFEND. rF Art: DOCUWNTARY FEE Efft o COUNTY J TRANSNATION— PUEBLO ID :719- 545 -5326 SEP 04'98 12 :48 No.001 P.03 r •. • 'Ktt'l'`'1!'(�1�:,1r'�I/��i` \y. r'�L41"'+'.��w�f��1''r ' ��Ifr .N1< �' • 1 111111111111111111111111 IN 11111111111 III 111111111 IN 1207741 03/04/1398 09 : 34A 83093 0182 Wo 2 of 2 R 21.00 D 2.90 Pwble Cty CIk & Roe., IN WITNESS WHI3RFO1'. The said party of the first part hath caused its corporate name to be hereunto subscribed by the President of the City Council ' f Pueblo. and its corporate seal to be hereunto affixed, attested. by Its City Ctcrk. the day and year llrst abovo written. ATTEST: } u. CITY OF PUEBLO. A MUNICIPAL CORPORATION By � it �� ,t r r♦ President of the City Council The foregoing Instrument was acknowledged before me this of February . 1"S by Cathy A. Garcia as President of City Council and Gina Dutcher. City Cleric. Witness my hand and o m cia! seat. My Commission expires: -* ?' 07,000 • . K. ot ') try Pu is r: ours +crmwusMO�+�scw•ru�rsworru.�vro -2-