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HomeMy WebLinkAbout10822RESOLUTION NO. 10822 A RESOLUTION ACCEPTING A SPECIAL WARRANTY DEED FROM THE URBAN RENEWAL AUTHORITY OF PUEBLO FOR PROPERTY NEEDED TO CONSTRUCT THE HISTORIC ARKANSAS RIVERWALK OF PUEBLO — PHASE IIIA -1 AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1 A Special Warranty Deed conveying real property from the Urban Renewal Authority of Pueblo to the City of Pueblo for the construction of the Historic Arkansas Riverwalk of Pueblo — Phase IIIA -1, copies of which are attached hereto, having been approved as to form by the City Attorney, are hereby approved and accepted. SECTION 2. The President of the City Council is authorized to execute acceptance of the aforesaid 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 September 25, 2006 BY Randy Thurston Councilperson APPROVED: President of City Council ATTESTED BY: CITY CLERK 4Q O. # 10912 11112MUMMENEWCOSIN Background Paper for Proposed RESOLUTION AGENDA ITEM # $ DATE: SEPTEMBER 25, 2006 DEPARTMENT: COMMUNITY DEVELOPMENT /JIM MUNCH PLANNING DEPARTMENT /JIM MUNCH TITLE A RESOLUTION ACCEPTING A SPECIAL WARRANTY DEED FROM THE URBAN RENEWAL AUTHORITY OF PUEBLO FOR PROPERTY NEEDED TO CONSTRUCT THE HISTORIC ARKANSAS RIVERWALK OF PUEBLO — PHASE IIIA -1 AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME ISSUE Should City Council accept property from the Urban Renewal Authority of Pueblo to construct Phase IIIA -1 of Historic Arkansas Riverwalk of Pueblo (HARP)? RECOMMENDATION Approval of the Resolution. The City received a $1,000,000 grant (Grant Agreement - Resolution No. 10645) from the U.S. Department of Commerce, Economic Development Administration (EDA) for the construction of HARP - Phase IIIA -1. The City is required to hold ownership to all property impacted by the project as a condition for receiving those EDA funds. The City needs to accept the enclosed Special Warranty Deed from the Urban Renewal Authority of Pueblo in order to comply with the EDA requirements. FINANCIAL IMPACT There is no financial impact to the City. Urban Renewal Land Transfer �I I� VICTORIA AVE x w ¢ w Z N 0 5� � �. I P � Qty Ta LJ Ch ris D 749727 p. 10 SPECIAL WARRANTY DEED ' 6.s. - -' STATE OF COLORADO Z County of Pueblo .strument was acknowledged before this L 7 K(4'T"i1-1 " ,r URBAN RENEWAL AUTHORITY 111 ) Ss. 3th day of August as Chai the reversion and demand its Id will WAR - its or under the and Ns 20 06 lx Secretary THIS DEED, dated August 8 , 2006 between URBAN RENEWAL AUTHORITY OF PUEBLO, COLORADO urba en }}}}�� ++ use XXK*WWfA orga and exrsang unde a id the laws of the State of Colorado grantor,and CITY OF PUEBLO, a Municipal Corporation whose legal address is 1 City Hall Place, Pueblo, CO 81003 of the •Coumyof Pueblo and Stateof Colorado ,grantee(s): WITNESS, that the grantor, for and in consideration of the sum of Ten Dollars and other good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, has granted, bargained, sold and conveyed, and by these presen s does grant, bargain, sell, convey and confirm unto the grantee($ its IOti15, successors and assigns forever, all the real prop try, together with improvements, if any, situate, lying and being in the County of Pueblo and State of Colorado, described as follows: North 1/2 of Lot 9 and all of Lots 10 to 14, both inclusive, Block 3, Central Pueblo Documentary Fee: None, exempt, consideration less than $500.00 also known by street and number as: Mechanic Street, Pueblo, CO assessor's schedule or parcel number: TOGETHER with all and singular the hereditaments and appurtenances thereunto belonging, or in anywise appertaining and reversions, remainder and remainders, rents, issues and profits thereof, and all the estate, right, title, interest, claim whatsoever of the grantor, either in law or equity, of, in and to the above bargained premises, with the hereditaments and al) TO HAVE AND TO HOLD the said premises above bargained and described with the appurtenances, unto the grantee(, 763Wi successors and assigns forever. The grantor, for itself, its successors and assigns does covenant and agree that it shall; RANT AND FOREVER DEFEND the above bargained premises in the quiet and peaceable possession of the grantee(s), h8r& successors and assigns, against all and every person or persons claiming the whole or any part thereof, by, througl grantor. Chairman IN WITNESS WHEREOF the grantor has caused its i ce[ name to be hereunto subscribed by its FF; 00 Qp 1 XpWQ1)attested by its Secretary, the day and year first above written. TT rfi . �.. ", • ARY � + "If in TaCd;eS $fi' Ox� , .of"'6e Urban Renewal Authority of Pueblo, Colorado, an urban x9RA444 renew §,l„ authority organized and existing under the laws o the Sta d', 0 lorado. Witness my hand and official seat. T - ) iy commission expires: 0 c f No. 16B. Rev. 4-94. cvECLU, WARRANTY DEED (Con r aon) Bradford Publishing, 1743 Wane St, Denver, CO 80202 — (303) 292 -2500 — www.bradfordpublishing.com — 9 -01