HomeMy WebLinkAbout09205RESOLUTION NO. 9205
A RESOLUTION APPROVING AND AUTHORIZING THE
EXCHANGE OF PROPERTY BETWEEN PUEBLO, A MUNICI-
PAL CORPORATION AND PUEBLO COUNTY, COLORADO
WHEREAS, the City Council of Pueblo, a municipal corporation ( "City") and the Board of
County Commissioners of Pueblo County, Colorado (" County") have been negotiating with respect
to real property located in the 200 Block North Santa Fe Avenue, Pueblo, Colorado, 81003, which
is owned or controlled by County ( "County Property"), and
WHEREAS, City owns property located at Fourth Street and Santa Fe Avenue, Pueblo,
Colorado, 81003, developed and used as a public parking facility ( "City Property"), and
WHEREAS, County has proposed an exchange of City Property for County Property, and
WHEREAS, City is willing to exchange the City Property for the County Property upon the
terms and conditions herein contained. NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
City will exchange the City Property for the County Property, subject to the following terms
and conditions:
(a) City Property will remain subject to the parking rights granted to the Greater Pueblo
Chamber of Commerce by the Agreement dated December 1, 1998 between the City and the Greater
Pueblo Chamber of Commerce.
(b) City will retain and reserve all estate, right and interest in City Property above the
surface of the ground to develop, construct and install parking facilities therein, together with the
right to construct and install on the surface of the ground columns and structural supports for such
parking facilities; provided, however, that the design and construction of ramps, parking facilities,
pillars and other structures impacting the loss of parking spaces on the surface of City Property must
be approved in advance by the County, which approval will not be unreasonably withheld or
delayed.
(c) County will convey or cause to be conveyed to City fee simple marketable title to
County Property by general warranty deed free of liens and encumbrances, together with all interest
in vacated streets and alleys adjacent thereto, all improvements thereon, and all attached fixtures.
(d) County will match up to $300,000 of City's expenditures for constructing the parking
facilities in the space above the surface of City Property or at the Convention Center, HARP or
another mutually acceptable location.
(e) City will proceed with its plans for the historic preservation and remodeling of two
of the buildings located on County Property and will endeavor to commence such historic
preservation and remodeling by August 2001 and thereafter to provide adjacent parking for the
remodeled buildings on County Property.
The President of the City Council is hereby authorized to execute and deliver in the name of
the City all exchange agreements, deeds and other documents approved by the City Attorney as to
form reasonably necessary and required to effect the exchange of property hereby contemplated and
approved.
ATTEST:
- S 1
INTRODUCED: January 22, 2001
Corinne Koehler
-2-
Councilperson