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HomeMy WebLinkAbout10127RESOLUTION NO. 10127 A RESOLUTION ACCEPTING A WARRANTY DEED FROM RRDC III, LLC., A COLORADO LIMITED LIABILITY COMPANY FOR PURPOSES OF PARK AND STORMWATER DETENTION FACILITY BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: .qFrTlnN 1 The warranty deed granted by RRDC III, LLC., dated May 7, 2004, a copy of which is attached hereto, after having been approved as to form by the City Attorney, is hereby approved and accepted. .qFrTInN 9 The City Clerk is directed to record said warranty deed in the office of the Pueblo County Clerk and Recorder. INTRODUCED Mav 24. 2004 1(" 2 11. t'10127 CD Background Paper for Proposed RESOLUTION AGENDA ITEM # t DATE: MAY 24, 2004 DEPARTMENT: STORMWATER UTILITY DEPARTMENT DIRECTOR —DENNIS MARONEY, P.E. TITLE A RESOLUTION ACCEPTING A WARRANTY DEED FROM RRDC III, LLC., A COLORADO LIMITED LIABILITY COMPANY, FOR PURPOSES OF PARK AND STORMWATER DETENTION FACILITY. ISSUE Should the City Council accept a warranty deed from RRDC III, LLC, A Colorado Limited Liability Company, for purposes for park and stormwater detention facility. RECOMMENDATION Approval of this Resolution. BACKGROUND This parcel of property was dedicated to the public on the plat of Regency Ridge Subdivision, 7th Filing, for park and drainage purposes. The developer has improved the property in accordance with City requirements and now wishes to transfer ownership to the City. IW10.'Vrelrin V0r6VET.ON The estimated annual stormwater maintenance cost to the City for this facility is $800.