The URL can be used to link to this page

Home My WebLink About11090RESOLUTION NO. 11090 A RESOLUTION APPROVING THE EXCHANGE OF DEEDS BETWEEN PUEBLO, A MUNICIPAL CORPORATION AND PEDCO FOUNDATION, INC., RELATING TO THE PROFESSIONAL BULL RIDERS' BUILDING AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE THE SPECIAL WARRANTY DEED FROM PUEBLO TO PEDCO FOUNDATION, INC. BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The Special Warranty Deed dated August 27, 2007 between PEDCO Foundation, Inc., as Grantor and Pueblo, a Municipal Corporation, as Grantee, relating to the Professional Bull Riders' building (the " PEDCO Foundation Deed ") a copy of which is attached hereto, having been approved as to form by the City Attorney, is hereby approved and accepted. SECTION 2. The Special Warranty Deed dated August 27, 2007 between Pueblo, a Municipal Corporation, as Grantor and PEDCO Foundation, Inc., as Grantee relating to the Professional Bull Riders' building (the "Pueblo Deed "), 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 the Pueblo Deed in the name of the City and the City Clerk is directed to affix the seal of the City thereto and attest same. SECTION 3. The City clerk is directed to record in the office of the Pueblo County Clerk and Recorder (a) the executed PEDCO Foundation Deed immediately prior to the recording of the Ordinance approving the Historic Arkansas Riverwalk Project, Filing Two and the subdivision plat therefor (the "Subdivision Ordinance and Plat "), and (b) the executed Pueblo Deed immediately after recording the Subdivision Ordinance and Plat. SECTION 4. This Resolution shall become effective upon final passage and approval. BY Randy Thurston Councilperson APPROVED: °�a�v ESID NTof City ouna, ATTESTED BY: Ig CITY CLERK INTRODUCED August 27, 2007 Res. 1 t o4o [ P[D � _ a t= Background Paper for Proposed RESOLUTION AGENDA ITEM # 4, DATE: August 27, 2007 DEPARTMENT: Law Department TITLE A RESOLUTION APPROVING THE EXCHANGE OF DEEDS BETWEEN PUEBLO, A MUNICIPAL CORPORATION AND PEDCO FOUNDATION, INC., RELATING TO THE PROFESSIONAL BULL RIDERS' BUILDING AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE THE SPECIAL WARRANTY DEED FROM PUEBLO TO PEDCO FOUNDATION, INC. ISSUE Should City Council approve the exchange of deeds between the City and PEDCO Foundation relating to the Professional Bull Riders' project? RECOMMENDATION Approve the exchange. BACKGROUND The lot lines of the lot for the Professional Bull Riders' project conveyed to the PEDCO Foundation by the City ( "Lot ") needs to be realigned to conform with the location of the Professional Bull Riders' building. The Lot is being resubdivided and City and PEDCO Foundation need to exchange deeds so that the Lot owned by PEDCO Foundation and leased to the Professional Bull Riders will accurately reflect the Lot boundaries set forth in the resubdivision. FINANCIAL IMPACT None. 08/0 17 WD 01/30/2008 01:58:22 PM Gilbert Ortiz Clerk Pueblo County, Cc ®III IA PGGTO 11ikUNIMW1 11 111 Colorado mVatzed and Dining uma end by vines of the laws of the SWe or •trantor, end Pueblo, a Municipal Corporation THM DRRa detea August 27, 2007 ba — PEDCO Foundation, Inc. 0: Z O D_ i:7 O 0g O— �O tti � >w iv m tta � W Z J Z w0 � Z U U O' whose ktsladdrersis a City Hall Place, Pueblo, CO 81003 SPECIAL WARRANTY DEED throe •Couory of Pueblo endsneC of Colorado ,Danta(e) ••r`KM,ttkt the pwmr tm`WA 1u`undeyaeion af mmnf Ten Dollare ($10.00) and other good and valuable consideration berpirn. ma toa,ey em nongrm mes � V �+' t 4 has merea, ye�.iMd. solo .w conveyed end by then mtns:M dm � with imprmemmts, if Any 4mate, I end bnM in NUf. ruaeuon arld aysigm rko e,, w me real pmpedy, Wtber knam, dxnbed u fdbos, gmtM Coumyuf Pueblo end Stale of Co Lot 2, Block 1, Historic Arkansas Riverwalk Project, Filing One, subject to the taxes, easements, rights -of -way, covenants, conditions, restrictions, reservations, limitations of record and Lease dated November 18, 2005 between Grantor, as Lessee to the he Lease. and ease Bull Riders, Inc., as Lessee and all amendments . Documentary Fee; NONE - consideration lees than $500.00 woknwdbYwa+eodwmbw,,, n/a aorasor erLedule m pesad numhre n/a TOGETHER wltb W and Iinaiisr the bardib®eme add app w mush ra wwgmm bdoopob m in neywi.e W ,,,, ioios, the mwrsioo and a.esiom. tealeder and remenadma rank, itaum and profile therm(, and as the mutq ritrht. shin, iolmst coin, am detentes, wbeaeercr of the redder, eitba in 4w drequhy, o( in end to the abom Waited; eias, with the hereddetn m and appu is naoca; TO HAVE AND TO HOLD the said premize ebom bugeinW apd dumW with me appunens me,, unw the tesmee(s), its dedK R,etoYma and eesipt (breve. The pmmr, for MrA hs seems end aeslpa does owraed and spa that a *4 end whl WAR. RANT AND MREVER DEPEND tee shore bnpmrd prehes in tbn quw end oeseeshk peeenw ou or the eesdmekt ite RISK WmvlOfa and esenDta .Dams aR ad bay pmroo'a poem; ddmi3g the potter or my port thereof, by. through or under the Faetbn- IN WnrNESS WNRRa:OF the phmmhu caused in to name m be hveuuto mMcsibed by m president, and its empmere end to be bees o aalaert wmwwad Seneuy, the dq and ymr fiat stn written. Allot• % ? PEDGGL, FOUNDATI N, NC. i 3eoenp sy ter. cmnty of Pueblo by Of P Faun eledged hero= this 16thdAy of August E. Spaccamonti L, 'L tftw Y r_i I Reso. 11090 PAGE 03 ,wo7 es Pretidaet L $eatery e ptupmahbn. Witmr my head and omdd seal. My oemtnberoo en*rnz 2/14/2011 ML IMI. Rn. 41%. 9ema1. wAegaNry Dgte (LYawrM1 S Zdr NW . ' 13.3 wua Sh, taw. Cc Imp s- 430)MKDOQ— rrrbdrwapuemNnt.mm -401 -j l�U o d U1 J 3,0 n `•. c, tftw Y r_i I Reso. 11090 PAGE 03 ,wo7 es Pretidaet L $eatery e ptupmahbn. Witmr my head and omdd seal. My oemtnberoo en*rnz 2/14/2011 ML IMI. Rn. 41%. 9ema1. wAegaNry Dgte (LYawrM1 S Zdr NW . ' 13.3 wua Sh, taw. Cc Imp s- 430)MKDOQ— rrrbdrwapuemNnt.mm -401 1756322 WD 01/30/2008 01:58:22 PM Page: I of I R 8.00 D 0.00 T 6.00 Gll'art Ortiz Clerk /Recorder, Pueblo County, Cc mill K N111 +IMAhII$ U41 I GM 11111 SPECIAL WARRANTY DEED. THIS DEED, dated August 27, 2007 between Pueblo, a Municipal Corporation 8ffiYPWAR duly organized and mating under and by virtue of the laws of the State of Colorado ,granmr,and PEDCO Foundation, Inc., a Colorado nonprofit corporation whose legal address is 301 N. Main Street, Pueblo, CO 81003 ofthe "County of Pueblo and State of WITNESS,thal Negma mr ,forandincoosidemlionofinesamof Ten Dollars and other good and valuable consideration I00tk!lb6 the receipt and sufbeicncy of wbich is hereby acknowledged, has granted, bargained, sold and conveyed, and by these presents does grant, bargain, sell, convey and co-hrm ume the gramee(s) its Xft successors and assigns forever, all the real property, together with improvements, ifany, situate, lying and being in the County of Pueblo and State of Colorado, described as follows: Lot 2, Historic Arkansas Riverwalk Project, Filing Two, subject to taxes, easements, rights -of -way, covenants, conditions, restrictions, reservations and limitations of record, including, . but not limited to,the Protective Covenants recorded October 27, 2005 at Reception No. 1645628 in the records of the Pueblo County Clerk and Recorder which Protective Covenants are incorporated herein as if set out herein in full and made applicable to the herein described real property the same as if the herein described real property and improvements thereon were referred to in the Protective Covenants as the Property; and Lease dated November 18, 2005 between Grantee, as Lessor and Professional Bull Riders, Inc., as Lessee, and all amendments to the Lease. Document Fee: NONE, consideration less than $500.00 dan ka— by street and number so; n/ a assessor's schedule or parcel number. n/a TOGETHER with all and singular the hereditament, and appurtenances thereunto belonging, or in anywise appertaining, the reversion Reed mvastons, remainder and reminders, rents, woes end profits thereof, and all [be estate, right, tide, interest, claim and demand whatsoever of the grantor, either in law or equity, of, in and to the above bargained premises, with the headwerrents and appurtenances; TO HAVE AND TO HOLD the said premises above bargained and described with the appurtenances, unto the grantee(s), its iP*X seenmems and assigns forever. The grantor, for itself, its successors and assigns dace covenant and agree that it shall and will WAR- RANT AND FOREVER; DEFEND the above bargained premise in the quiet and peaceable possession of the gramee(s), its gars. successors ao usages. agm rest ',all and every person -.or persons claiming the whole or any part thereof, by through or under the grantor IN - City Council cawed its corporate name to be hereunto subscribed by its President, and its sealtA be * nto untested by ns City Clerk gfljF;Cth day and year first about written. :lL l PUEBLO A MUNICIPAM f.QRPnRATTC)M ` a i •. ` LCL }y'.' Presiaely of re City Counci ' STATE Of 1,6f 4d 11 ss. . +''1 ��, �RA'C4 rir•t. 7�E,foregotng mstroment was acknowledged before this '1,.1 day of /lsC9U� ` 2007 by Jt }4P WaN7eEfver, as President of the City , CouncilM }g f pp te.;i a Dutcher, as City Clerk 6 >YeYri of Pueblo,`a Municipal Corporation. y 0 ut u •., �.�` t . s, ' �` '"""'� Witness my hand and s a r j official seal. • I r My commission mpiru: t'�12Jt BEERY ll -s o q)'Y Public , .g.S b;fEColclmdo - A M cusses N. 1611k P-4.'b4a,n ws V., w. Reso. 11090 a,:mm,d Poeiknina , 1711 watt, sr, Demo, M 80202 — (303)293- 800 —www Wfirrdluhliehlne_nm, -9 -01 ICU Colorado ,graotee(s):