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RESOLUTION NO. 13634
A RESOLUTION ACCEPTING THE CONVEYANCE OF 170
GREENHORN DRIVE, PUEBLO, COLORADO 81004 FROM THE
PUEBLO DEVELOPMENT FOUNDATION, A COLORADO NON-
PROFIT CORPORATION
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
The attached Special Warranty Deed executed February 1, 2017 and recorded in the
records of the Pueblo County Clerk and Recorder on February 21, 2017 at Reception No.
2062555 conveying the following real property situate in the County of Pueblo, State of Colorado,
to wit:
Lot 2, Minnequa Industrial Park, third filing, County of Pueblo, State of Colorado,
more commonly known by street and number as 170 Greenhorn Drive, Pueblo,
Colorado 81004
by the Pueblo Development Foundation, a Colorado non-profit corporation, to the City of
Pueblo, having been approved as to form by the City Attorney, is hereby approved. The City of
Pueblo hereby accepts said real property according to said Special Warranty Deed’s terms, and
subject to the covenants, conditions, restrictions, easements and reservations set forth therein.
SECTION 2.
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 Special Warranty Deed which are
necessary or desirable to implement the transaction described therein.
SECTION 3.
This Resolution shall become effective immediately upon final passage.
INTRODUCED March 13, 2017
BY: Ed Brown
City Clerk’s Office Item # M-9
Background Paper for Proposed
Resolution
COUNCIL MEETING DATE: March 13, 2017
TO: President Stephen G. Nawrocki and Members of City Council
CC: Sam Azad, City Manager
VIA: Gina Dutcher, City Clerk
FROM: Daniel C. Kogovsek, City Attorney
SUBJECT: A RESOLUTION ACCEPTING THE CONVEYANCE OF 170 GREENHORN
DRIVE, PUEBLO, COLORADO 81004 FROM THE PUEBLO DEVELOPMENT
FOUNDATION, A COLORADO NON-PROFIT CORPORATION
SUMMARY:
Attached is a Resolution which accepts the transfer of 170 Greenhorn Drive, Pueblo, Colorado
81004 from the Pueblo Development Foundation, a Colorado non-profit corporation (“PDF”).
Specifically, the Resolution accepts the terms and conditions of a Special Warranty Deed
executed by PDF on February 1, 2017 and recorded in the records of the Pueblo County Clerk
and Recorder on February 21, 2017 at Reception Number 2062555.
PREVIOUS COUNCIL ACTION:
On July 27, 2015 by Resolution No. 13284, City Council entered into an agreement and
transferred funds from the City’s 1992-2021 Sales and Use Tax Capital Improvement Projects
Fund to PDF for the purpose of the construction of a “spec” building located at 170 Greenhorn
Drive in the City’s St. Charles Industrial Park.
BACKGROUND:
PDF has satisfactorily completed construction of the “spec” building and wishes to convey the
building to the City. The building located at 170 Greenhorn Drive will be available for lease or
purchase to employers who wish to bring primary jobs to the City of Pueblo.
FINANCIAL IMPLICATIONS:
The City will be responsible for insuring and maintaining the “spec” building until it is used in a
future economic development project.
BOARD/COMMISSION RECOMMENDATION:
Not applicable to this Resolution.
STAKEHOLDER PROCESS:
Not applicable to this Resolution.
ALTERNATIVES:
PDF does not wish to be responsible for insuring and maintaining “spec” buildings which PDF
constructs using half cent economic development funds. If this Resolution is not approved, PDF
may become reluctant to cooperate in the construction of “spec” buildings in the future.
RECOMMENDATION:
Approval of the Resolution.
Attachments: Proposed Resolution
Reception 2062555
02/21/2017 02:41.07 P11
SPECIAL WARRANTY DEED
THIS DEED,made this/ day of February,2017 by and between PUEBLO DEVELOPMENT
FOUNDATION,a Colors o Non-Profit Corporation,Grantor,of the County of Pueblo and State
of Colorado for and in consideration of the sum of TEN DOLLARS($10.00)in hand paid by
PUEBLO,a Municipal Corporation,Grantee,hereby sells and conveys to,Grantee,whose
address is 1 City Hall Pi.,Pueblo,CO 81003,the following real property situate in the County of
Pueblo,State of Colorado,to-wit:
Lot 2 Minnequa Industrial Park,Third Filing, County of Pueblo,State of Colorado
more commonly known by street and number as: 170 Greenhorn Dr., Pueblo,CO
81004.
TOGETHER with all and singular the hereditaments and appurtenances thereto,belonging,or in
any otherwise appertaining,and the reversion and reversions,remainder and remainders,rents,
issues and profits thereof,and all of the estate,right,title,interest,claim,and demand
whatsoever of the Grantor,either in law or in equity,of,in,and to the above bargained premises
with the hereditaments and appurtenances.
TO HAVE AND TO HOLD the said premises above bargained and described with the
appurtenances,unto the Grantee,its successors and assigns forever. Grantor for itself and its
successors and/or assigns do covenant and agree that it shall and will warrant and forever
defend the above bargained premises in the quiet and peaceful possession of the Grantee,its
successors and assigns,against all and every person or persons claiming the whole or any part
thereof,by,through or under the Grantor. The singular number shall include the plural and the
plural the singular and the use of any gender shall be applicable to all genders. Said warranty
is subject to rights-of-way,easements,covenants, plats,agreements and other restrictions of
record as of the date of this Deed and any other exceptions or exclusions or rights of third
parties not shown by the public records of which Grantee has actual knowledge,and subject to
the inclusions of the property within any special taxing district.
IN WITNESS WHEREOF,the Grantor has executed this Deed on the date set forth above.
PUEBLO DEVELOPMENT FOUNDATION
A COLORADO NON-PROFIT CORPORATION
Roped L. Root
President of Pueblo Development Foundation
STATE OF COLORADO )
ss
COUNTY OF PUEBLO
Subscribed and sworn to before me this ( day of February,2017 by Robert L. Root,
President of Pueblo Development Foundation.
Witness my hand and officialea.
MY,con)mission expires: //4 l/P f A
" 'to"L,. n77
Notary Public
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