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10674
RESOLUTION NO. 10674 A RESOLUTION OF INTENT AND AUTHORIZATION TO ACQUIRE REAL PROPERTY FOR THE HISTORIC ARKANSAS RIVERWALK PROJECT AND RELATED PARKING WHEREAS, the City has undertaken the construction and development of the project known as the Historic Arkansas Riverwalk Project ( "HARP "); and WHEREAS, the HARP is a large scale public project serving the public, public recreational purposes and providing conservation of an area of scenic, historic and other public interests; and WHEREAS, additional off - street parking is required for the development of HARP in accordance with its development plan ( "HARP Parking "); and WHEREAS, certain real property is required and necessary for such HARP Parking. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The City Council hereby finds and determines that the interest of the City of Pueblo and its residents; the preservation of the public health, safety and welfare; and the public need, interest and necessity will be served by the acquisition of the real property hereinafter described ( "Property ") for the HARP Parking and that the HARP Parking be used, constructed and developed in a manner necessary and convenient for public use and purposes. The Property is described as: Lots 1 to 7, Block "B" Kretschmer's Subdivision of Block 1, State Additional to Pueblo, County of Pueblo, State of Colorado, street address: 100 North Victoria Avenue, Pueblo, Colorado, 81003. SECTION 2. The City Council does hereby further find and determine that it is necessary and desirable and in the best interest of the City to acquire title and possession of the Property for the HARP Parking. SECTION 3. The City Manager or his designated representative be and hereby is authorized and directed to negotiate for and on behalf of the City with the owner or owners of the Property for the purchase thereof by the City. If such negotiations for the purchase of property are unsuccessful, the City Attorney is hereby authorized and empowered to institute condemnation proceedings in the name of the City for the acquisition of the Property through the exercise of the City's power of eminent domain. SECTION 4. This Resolution shall become effective upon final passage. INTRODUCED March 27, 2006 BY Randy Thurston Coun APPROVED: , President of City Council ATTESTED BY: CITY CLERK /Lo . Al©L'7q D �I I Background Paper for Proposed RESOLUTION AGENDA ITEM # �0;f_ DATE: March 27, 2006 DEPARTMENT: Law Department TITLE A RESOLUTION OF INTENT AND AUTHORIZATION TO ACQUIRE REAL PROPERTY FOR THE HISTORIC ARKANSAS RIVERWALK PROJECT AND RELATED PARKING ISSUE Should the City Council approve a Resolution authorizing the City to proceed to acquire real property for HARP parking? RECOMMENDATION Approve the Resolution. BACKGROUND In order to further develop HARP in accordance with its development plan additional real property is required and necessary for off - street parking purposes. FINANCIAL IMPACT City will incur the costs to acquire the real property for the following: title insurance, appraisal and acquisition. The amounts thereof are unknown at this time and will require additional approval by the City Council.