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HomeMy WebLinkAbout12811RESOLUTION NO. 12811 A RESOLUTION ACCEPTING, BY A QUITCLAIM DEED, PARCEL A, HISTORIC ARKANSAS RIVERWALK PROJECT, FILING THREE FROM THE PUEBLO URBAN RENEWAL AUTHORITY WITHIN PUEBLO, COLORADO 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 City Clerk is directed to cause said Quitclaim Deed to be recorded in the office of the Pueblo County Clerk and Recorder forthwith. SECTION 3. 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 4. 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-8 DEPARTMENT: PLANNING AND COMMUNITY DEVELOPMENT JULIE ANN WOODS, AICP/ASLA, DIRECTOR TITLE A RESOLUTION ACCEPTING, BY A QUITCLAIM DEED, PARCEL A, HISTORIC ARKANSAS RIVERWALK PROJECT, FILING THREE FROM THE PUEBLO URBAN RENEWAL AUTHORITY WITHIN PUEBLO, COLORADO ISSUE Should the City Council accept real property from 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 PURA, 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 accepts the conveyance of Parcel A, Historic Arkansas Riverwalk Project, Filing Three from the Authority as per the agreement. FINANCIAL IMPACT None. re: Resolution 12811 Reception 1961223 11/20/2013 QUITCLAIM DEED THIS DEED, made this day of p v ibe. /, 2013, between theURBANRENEWAL AUTHORITY OF PUEBLO, COLORADO a/k/a the PUEBLO URBAN RENEWAL AUTHORITY, a body corporate and politic of the State of Colorado, Grantor, and, PUEBLO, a municipal corporation, whose legal address is 200 S. Main Street, Pueblo, CO 81003, of the County of Pueblo and State of Colorado, Grantee; WITNESSETH, That Grantor, for and in consideration of the sum of Ten Dollars, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, has remised, released, sold, and QUITCLAIMED, and by these presents does remise, release, sell, and QUITCLAIM unto Grantee and Grantee's successors, and assigns, forever, all the right, title, interest, claim, and demand which Grantor has in and to the real property, together with improvements, if any, situate, lying, and being in the County of Pueblo and State of Colorado, described as follows: Parcel A, Historic Arkansas Riverwalk Project, Filing Three, according to the recorded plat thereof. TO HAVE AND TO HOLD the same, together with all and singular the appurtenances and privileges thereunto belonging or in anywise thereunto appertaining, and all the estate, right, title, interest and claim whatsoever, of Grantor, either in law or equity, to the only proper use, benefit and behoof of Grantee and Grantee's successors, and assigns forever. �m o : IN WITNESS WHEREOF, Grantor has caused this deed to be executed on the date set forth "� o above. m �.-. - m • The Urban Renewal - Authority of Pueblo, Colorado N m Attest: hair N ,/ O, Se• etary/Executive Direc .•� / ma — STATE OF COLORADO ) ss. COUNTY OF PUEBLO ) The foregoing instrument was acknowledged before me this i V day of /0 OV@rhbe(, 2013, by Gary L. Trujillo, as Chair of the Urban Renewal Authority of Pueblo, Colorado a/k/a the Pueblo Urban Renewal Authority, a body corporate and politic of the State of Colorado. Witness my hand and official seal. N N EM c g '1 , .. • mmission expires: 3 Z S • c 1: ■OTAR tr '• s c': UBL .......... ' Notary Public OF CG- • • •'•