HomeMy WebLinkAbout12810RESOLUTION NO. 12810
A RESOLUTION CONVEYING BY A QUITCLAIM DEED
LOT 2, HISTORIC ARKANSAS RIVERWALK PROJECT,
FILING THREE TO THE PUEBLO URBAN RENEWAL
AUTHORITY, WITHIN PUEBLO, COLORADO AND
AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL
TO EXECUTE SAME
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
The Quitclaim 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 President of the City Council is hereby authorized to execute the attached
Quitclaim Deed on behalf of the City.
SECTION 3.
The City Clerk is directed to cause said Quitclaim Deed to be recorded in the
office of the Pueblo County Clerk and Recorder forthwith.
SECTION 4.
The officers and staff of the City are directed and authorized to perform any and
all acts consistent with the intent of this Resolution to effectuate the transactions
described herein.
SECTION 5.
This Resolution shall become effective immediately upon final passage.
INTRODUCED: October 15, 2013
BY: Eva Montoya
Background Paper for Proposed
RESOLUTION
DATE: OCTOBER 15, 2013AGENDA ITEM # M-7
DEPARTMENT: PLANNING AND COMMUNITY DEVELOPMENT
JULIE ANN WOODS, AICP/ASLA, DIRECTOR
TITLE
A RESOLUTION CONVEYING BY A QUITCLAIM DEED LOT 2, HISTORIC
ARKANSAS RIVERWALK PROJECT, FILING THREE TO THE PUEBLO URBAN
RENEWAL AUTHORITY, WITHIN PUEBLO, COLORADO AND AUTHORIZING THE
PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME
ISSUE
Should the City Council convey real property to the Pueblo Urban Renewal Authority as
agreed?
RECOMMENDATION
Approval of this Resolution.
BACKGROUND
The City and Pueblo Urban Renewal Authority (PURA) entered into an agreement on
March 26, 2007, as per Resolution 10962, related to tax increment funds (TIF). Within
the agreement, property is to be conveyed by both the City and PURA within Gateway
Park (Parcel A), to be owned by the City; and a lot (Lot 2) for private redevelopment, to
be owned by the Authority, after the completion of the Historic Arkansas Riverwalk
Project, Filing Three Subdivision (HARP Phase III Property). On August 12, 2013, City
Council approved said subdivision which was recorded on September 3, 2013. This
Resolution conveys Lot 2, Historic Arkansas Riverwalk Project, Filing Three to the
Authority as per the agreement.
FINANCIAL IMPACT
None.
re: Resolution 12810
Reception 1961222
11/20/2013 01:50:16 PM
QUITCLAIM DEED
THIS QUITCLAIM DEED, made this 15th day of October , 2013
between the City of Pueblo, Colorado, a Colorado municipal corporation (hereinafter referred to
as "Grantor "), and the Pueblo Urban Renewal Authority, a body corporate and politic of the
State of Colorado, whose legal address is 115 E. Riverwalk, Suite 410, Pueblo, CO 81003
(hereinafter referred to as "Grantee "):
WITNESSESTH, that the Grantor, for and in consideration of the sum of TEN
DOLLARS ($10.00), and other good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, has QUITCLAIMED, and by these presents does QUITCLAIM,
unto the Grantee, his heirs, successors and assigns, all right, title and interest that the Grantor has
in the real property, together with improvements, if any, situate, lying and being in Pueblo
County, State of Colorado, described as follows:
Lot 2, Historic Arkansas Riverwalk Project, Filing Three
IN WITNESS WHEREOF, this Quitclaim Deed is executed by Grantor to be effective
the day and year first above written.
GRANTOR:
CITY OF PUEBLO, COLORADO
A COLORADO MUNICIPA • "ORATION
B
' ep - - - . 'awrocki
President of the City Council
STATE OF COLORADO )
) ss.
COUNTY OF PUEBLO )
The foregoing instrument was acknowledged before me on this 15 day of
Oc}ober , 2013, by Pueblo, a Municipal Corporation, by Stephen G. Nawrocki,
President of the City Council. • Witness my official • . 1 :Td 40. apOO:°,0 ti
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