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City Clerk’s Office Item # M-1
Background Paper for Proposed
Resolution
COUNCIL MEETING DATE: June 13, 2016
TO: President Stephen G. Nawrocki and Members of City Council
CC: Sam Azad, City Manager
VIA: Gina Dutcher, City Clerk
FROM: Earl Wilkinson, Director of Public Works
A RESOLUTION APPROVING A CONTRACT TO BUY AND SELL REAL
SUBJECT:
ESTATE BETWEEN THE CITY OF PUEBLO, A MUNICIPAL
CORPORATION AND NuVUE PHARMA, LLC. RELATING TO THE
TRANSFER OF A PROPOSED RIGHT-OF-WAY PARCEL AND
AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE
SAME
SUMMARY:
Attached is a Resolution approving and authorizing the President of City Council to sign a Contract
to Buy and Sell Real Estate (“Contract”) with NuVUE PHARMA, LLC. The Contract authorizes
the purchase of proposed right-of-way from NuVUE PHARMA, LLC. to facilitate future public
improvements at the intersection of Dillon Drive and Eagleridge Boulevard.
PREVIOUS COUNCIL ACTION:
None.
BACKGROUND:
As part of a Development and Public Improvements Agreement between the City of Pueblo and
NuVUE PHARMA, LLC., NuVUE is providing property to the City that will be necessary for future
public improvements including a roundabout at the intersection of Dillon Drive and Eagleridge
Boulevard.
FINANCIAL IMPLICATIONS:
There are no immediate financial implications. However, if the resolution is not approved, the City
will need to acquire this property in the future for necessary public improvements.
BOARD/COMMISSION RECOMMENDATION:
None.
STAKEHOLDER PROCESS:
Not applicable to this Resolution.
ALTERNATIVES:
If this Resolution is not approved, the City will need to purchase this right-of-way in the future from
NuVUE PHARMA, LLC. in order to complete necessary public improvements.
RECOMMENDATION:
Approval of the Resolution.
Attachments: Contract to Buy and Sell Real Estate
RESOLUTION NO. 13446
A RESOLUTION APPROVING A CONTRACT TO BUY AND
SELL REAL ESTATE BETWEEN THE CITY OF PUEBLO, A
MUNICIPAL CORPORATION AND NuVUE PHARMA, LLC.
RELATING TO THE TRANSFER OF A PROPOSED RIGHT-
OF-WAY PARCEL AND AUTHORIZING THE PRESIDENT
OF THE CITY COUNCIL TO EXECUTE SAME
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
The Contract to Buy and Sell Real Estate dated June 13, 2016 between the City
and NuVUE PHARMA, LLC. a copy of which is attached hereto and incorporated herein
by this reference, having been approved as to form by the City Attorney, is hereby
approved.
SECTION 2.
The President of the City Council is hereby authorized to execute and deliver the
Contract to Buy and Sell Real Estate in the name of the City of Pueblo and the City Clerk
is directed to affix the seal of the City thereto and attest same.
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 and the attached Contract to Buy and
Sell Real Estate which are necessary or desirable to effectuate the transactions described
therein.
SECTION 4.
This Resolution shall become effective immediately upon final passage.
INTRODUCED: June 13, 2016
BY: Ed Brown