Loading...
HomeMy WebLinkAbout11278RESOLUTION NO. 11278 A RESOLUTION APPROVING AND ACCEPTING A SPECIAL WARRANTY DEED FROM PUEBLO DEVELOPMENT FOUNDATION RELATING TO LOT 67, PUEBLO MEMORIAL AIRPORT INDUSTRIAL PARK SUBDIVISION BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1 The Special Warranty Deed dated April 14, 2008 from Pueblo Development Foundation to Pueblo relating to Lot 67, Pueblo Memorial Airport Industrial Park Subdivision, a copy of which is attached hereto, having been approved as to form by the City Attorney, is hereby approved and accepted. SECTION 2 This Resolution shall become effective upon final passage and approval. BY Judy Weaver Councilperson AP PROVE �. PPI`81f I T' i Lim] I INTRODUCED April 14, 2008 Res I 1 7 $ n i 0 � Background Paper for Proposed RESOLUTION AGENDA ITEM # ) DATE: April 14, 2008 DEPARTMENT: Law Department TITLE A RESOLUTION APPROVING AND ACCEPTING A SPECIAL WARRANTY DEED FROM PUEBLO DEVELOPMENT FOUNDATION RELATING TO LOT67, PUEBLO MEMORIAL AIRPORT INDUSTRIAL PARK SUBDIVISION ISSUE Should the City accept a conveyance of property from Pueblo Development Foundation? RECOMMENDATION Accept the conveyance. BACKGROUND City conveyed Lot 67, Pueblo Memorial Airport Industrial Park and improvements thereon ( "Lot 67 ") to Pueblo Development Foundation ( "Foundation ") in conjunction with the Deneen and Company job creating capital improvement project. Deneen and Company has terminated its business and vacated Lot 67. Foundation is conveying Lot 67 back to the City. Such conveyance will cause Lot 67 to be exempt from general property tax. FINANCIAL IMPACT City will insure the building and be responsible for utilities and maintenance. Resolution 11278 1765915 WD 04/21/2008 10:28:03 AM Page: 1 of 1 R 6.00 D 0.00 T 6.00 1 Ol ?b art Ortiz Clerk /Recorder, Pueblo County, Cc ®III K PVTd14EV14154VIC Mt Wi 11111 SPECIAL WARRANTY DEED The "Grantor' (whether one or more than one), PUEBLO DEVELOPMENT FOUNDATION, A Colorado nonprofit corporation whose legal address is 301 North Main Street, Pueblo, CO 81003 of the • County of Pueblo and State of I Colorado , fortheconsiderationof Ten Dollars and other good and valuable consideration 3nntk*Lkfs in hand paid, hereby sells and conveys to Pueblo, a municipal corporation (whether one or more than one), the "Grantee', whose legal address is 1 City Hall Place, Pueblo, CO 81003 , of the County of and State of Colorado , the following real property in the *Countyof Pueblo and State of Colorado, to wit: Lot 67, Pueblo Memorial Airport Industrial Park Subdivision Documentary Fee: None Consideration less than $500.00 also known by street address as: 33850 United Avenue, Pueblo, CO 81001 and assessor's schedule or parcel number: with all its appurtenances, and warrants the mle against all persons claiming under the Grantor. Signed this 3rd day of April ATTEST: 2008 PUEBLO DEVELOPMENT FOUNDATION By Pfesi STATE OF COLORADO ss. Countyof Pueblo J lg instrument w acknow dged before me this -2 day of 11 20 08 �£�/ as President and J Lary o£ Pue o Development Foundation, ro ado nonprofit ion and . °, Witness my hand o reial seal. My commission expires: 1 k f i v 5> ax40 * :44 , ble. .. NmutY ubMm Na, 900. Rev. 1.06. SPRCfAL WARRANTY DEED (Sbart Pam) Bradford Publishing, I243%nee SL, Denver, CO 80202 — 003) 292 2500 — www eafordpubashing.com -1 -06