HomeMy WebLinkAbout10230
ORDINANCE NO. 10230
AN ORDINANCE APPROVING AND AUTHORIZING THE MAYOR
TO EXECUTE AN AGREEMENT FOR CONVEYANCE OF REAL
PROPERTY BETWEEN THE CITY OF PUEBLO, A COLORADO
MUNICIPAL CORPORATION, AS BUYER, AND
NEIGHBORWORKS SOUTHERN COLORADO, INC., A
COLORADO NONPROFIT CORPORATION, AS SELLER,
RELATING TO THE LOCATION OF FIRE STATION NO. 11 IN
THE PIKES PEAK PARK SUBDIVISION
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
The Agreement for Conveyance of Real Property (“Agreement”) between the City of
Pueblo, a Colorado municipal corporation (“City”) and NeighborWorks Southern Colorado, Inc., a
Colorado nonprofit corporation (“NeighborWorks”), dated July 25, 2022, relating to a real estate
parcel located in the Pikes Peak Park subdivision, a copy of which Agreement is attached hereto
and is incorporated herein by this reference, having been approved as to form by the City
Attorney, is hereby approved.
SECTION 2.
The Mayor is authorized to execute and deliver said Agreement in the name of the City
and the City Clerk is authorized to affix the seal of the City thereto and attest same. The Mayor
is further authorized to execute and deliver documents related to this transaction at closing,
purchasing the property owned by NeighborWorks, as identified in and in the manner described
in the attached Agreement.
SECTION 3.
The officers and staff of the City are authorized to perform any and all acts consistent with
this Ordinance and the attached Agreement which are necessary or appropriate to implement the
transactions described therein.
SECTION 4.
This Ordinance shall become effective on the date of final action by the Mayor and City
Council.
Action by City Council:
Introduced and initial adoption of Ordinance by City Council on July 11, 2022 .
Final adoption of Ordinance by City Council on July 25, 2022 .
President of City Council
Action by the Mayor:
☒ Approved on July 28, 2022 .
□ Disapproved on based on the following objections:
_
Mayor
Action by City Council After Disapproval by the Mayor:
□ Council did not act to override the Mayor's veto.
□ Ordinance re-adopted on a vote of , on
□ Council action on _______ failed to override the Mayor’s veto.
President of City Council
ATTEST
City Clerk
City Clerk’s Office Item # R-9
Background Paper for Proposed
Ordinance
COUNCIL MEETING DATE: July 11, 2022
TO: President Heather Graham and Members of City Council
CC: Mayor Nicholas A. Gradisar
VIA: Marisa Stoller, City Clerk
FROM: Daniel C. Kogovsek, City Attorney
SUBJECT: AN ORDINANCE APPROVING AND AUTHORIZING THE MAYOR TO EXECUTE
AN AGREEMENT FOR CONVEYANCE OF REAL PROPERTY BETWEEN THE
CITY OF PUEBLO, A COLORADO MUNICIPAL CORPORATION, AS BUYER,
AND NEIGHBORWORKS SOUTHERN COLORADO, INC., A COLORADO
NONPROFIT CORPORATION, AS SELLER, RELATING TO THE LOCATION OF
FIRE STATION NO. 11 IN THE PIKES PEAK PARK SUBDIVISION
SUMMARY:
Attached is an Ordinance approving and authorizing the Mayor to sign an agreement for the City
to purchase a parcel of unimproved land from NeighborWorks Southern Colorado, Inc.,
(“NeighborWorks”) located in the Pikes Peak Park subdivision. The land will be the site of the
City’s new Fire Station No. 11.
PREVIOUS COUNCIL ACTION:
Not applicable to this Ordinance.
BACKGROUND:
th
NeighborWorks is the owner of approximately 80 acres of unimproved land located north of 24
Street and east of Pueblo Boulevard on the westside of the City of Pueblo. On April 25, 2022, by
Ordinance No. 10165, the City Council approved a subdivision of NeighborWorks’ real property
known as the Pikes Peak Park subdivision. The Pikes Peak Park subdivision will be a mixed-use,
mixed-income neighborhood which will provide permanent affordable housing to residents of the
City. The City desires to build a fire station in the Pikes Peak Park subdivision and NeighborWorks
is willing to provide a parcel of real estate to the City for such purpose.
FINANCIAL IMPLICATIONS:
The property is being donated by NeighborWorks at no cost to the City. The title insurance
premium and closing costs will be paid by the City.
BOARD/COMMISSION RECOMMENDATION:
Not applicable to this Ordinance.
STAKEHOLDER PROCESS:
Not applicable to this Ordinance.
ALTERNATIVES:
City Council could decide not to accept the parcel of land being donated by NeighborWorks.
RECOMMENDATION:
Approval of this Ordinance.
Attachments:
Proposed Ordinance
Proposed Agreement for Conveyance of Real Property
AGREEMENT FOR CONVEYANCE OF REAL PROPERTY
This Agreement for Conveyance of Real Property ("Agreement") is made and entered into
this 25th day of July, 2022 by and between the City of Pueblo, a Colorado municipal corporation
(hereinafter"City") and NeighborWorks Southern Colorado, Inc., a Colorado nonprofit corporation
(hereinafter "NeighborWorks"). City and NeighborWorks are sometimes referred to herein as a
"Party" and collectively, as the "Parties."
Recitals
WHEREAS, NeighborWorks is the owner of approximately 80 acres of unimproved land
located north of 24th Street and east of Pueblo Boulevard on the westside of the City of Pueblo;
WHEREAS, on April 25, 2022, by Ordinance No. 10165, the City Council of the City
approved a subdivision of NeighborWorks' real property known as the Pikes Peak Park
subdivision;
WHEREAS, the Pikes Peak Park subdivision will be a mixed-use, mixed-income
neighborhood which will provide permanent affordable housing to residents of the City;
WHEREAS, the City desires to build a fire station in the Pikes Peak Park subdivision and
NeighborWorks is willing to provide a parcel of real estate to the City for such purpose; and
WHEREAS, the Parties desire to confirm their mutual understandings with respect to this
conveyance of real property in this Agreement.
Agreement
NOW, THEREFORE, in consideration of the foregoing Recitals, the mutual covenants
contained herein and other good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, NeighborWorks and City agree as follows:
1. Incorporation of Recitals. The recitals set forth above are fully incorporated
into and made a part of this Agreement by reference.
2. Property Defined. NeighborWorks agrees to bargain, sell and convey to the City
and the City agrees to purchase upon the terms and conditions set forth herein that certain plat,
piece, and parcel of land having the following legal description:
Lot 1, Block 11, Pikes Peak Park, Filing No. 1
County of Pueblo, State of Colorado (the "Property").
3. Conveyance. NeighborWorks shall convey the Property to City by Special
Warranty Deed ("Deed") subject to the zoning and subdivision regulations and resolutions of the
City of Pueblo and the Permitted Exceptions (as hereinafter defined).
4. Purchase Price and Terms. The Purchase Price for the Property shall be Ten and
00\100 U.S. Dollars ($10.00) payable at Closing (as hereinafter defined).
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5. Evidence of Title.
(a) Title Commitment and Policy. Prior to the Closing Date (as defined
in Paragraph 7 below) City shall order and obtain, at City's expense, a current
commitment for extended coverage title insurance in the amount of $50,000.00,
together with legible copies of all documents listed as exceptions therein, and a
current certificate of taxes due with respect to the Property, from a title company
selected by City and reasonably acceptable to NeighborWorks authorized to issue
title insurance in the State of Colorado (the "Title Company"), on the current
standard form of extended ALTA Owners Policy (collectively, the "Title
Commitment"). The Title Company shall promptly provide copies of any
amendments or modifications of the Title Commitment to City and NeighborWorks.
At Closing or as soon as reasonably practicable after Closing, the Title Company
shall issue and deliver to City the owner's title insurance policy referred to above
(the "Title Policy"), issued by the Title Company insuring City's title to the Property
consistent with the Title Commitment and subject only to taxes and assessments
for the year of Closing and subsequent years. At Closing, City shall pay the
premium for the Title Policy. City may obtain such other endorsements to the Title
Policy as City desires, at the expense of City. NeighborWorks shall cooperate and
provide such affidavits or certificates as may be reasonably required by the Title
Company to remove all liens, including, without limitation, mechanics' or
materialmen's liens, as exceptions to the Title Policy.
(b) Title Defects and Objections. City will have twenty (20) days from the date
of receipt of the Title Commitment and Survey, whichever shall last occur, but in no event
later than the expiration of the Inspection Period (as defined in Paragraph 6 below), to
notify NeighborWorks in writing of any objections to any items identified in the Title
Commitment, or of any other objections as to title matters. NeighborWorks will have until
fifteen (15) days after receipt of City's written objections ("NeighborWorks's Cure Period")
to elect, at its reasonable discretion, to cure all items to which City has objected, cause
such items to be modified in a manner which is reasonably satisfactory to City or to advise
City that NeighborWorks does not intend to cure such items. Alternatively, within the
NeighborWorks's Cure Period, City at City's cost may elect to obtain one or more
endorsements to the Title Commitment, in a form reasonably acceptable to City, providing
title insurance protection with regard to any objections raised by City. If NeighborWorks
fails to cure to the reasonable satisfaction of City any written objection by City of which
NeighborWorks has been given notice in accordance with this subparagraph (b), or elects
not to cure, then City may elect, as its sole remedy to either (i) waive the objection by
written notice to NeighborWorks within ten (10) days after expiration of NeighborWorks's
Cure Period and proceed to Closing as herein provided, or (ii) terminate this Agreement
by written notice to NeighborWorks, in which case the Parties will be released from all
obligations hereunder, except for any obligations that expressly survive the termination of
this Agreement. City will have ten (10) business days after receipt of any amendment or
update to the Title Commitment to object to any changes in the same fashion as objections
to the initial Title Commitment under this subparagraph (b). Anything above to the contrary
notwithstanding, NeighborWorks shall be obligated to, and shall cause all financing,
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mortgage,judgment, and tax liens to be removed as title exceptions prior to or concurrently
with Closing.
6. Inspection. Commencing on the Effective Date of this Agreement and continuing
for thirty (30) days thereafter (the "Inspection Period"), City, its agents, consultants, and
employees, shall have the right to enter and access the Property at reasonable times and upon
reasonable advance notice for the purpose of making such inspections, studies, tests and
investigations ("Testing") as City may elect and which it deems necessary to determine the
suitability of the Property for City's intended use. All such Testing shall be performed by City or
its agents or employees at City's sole cost and expense. City shall indemnify, defend and hold
NeighborWorks and the Property harmless from and against any and all direct costs, liabilities,
claims, demands, actions and expenses arising from or in connection with such Testing and, in
the event City does not close on the purchase of the Property, City shall repair any damage to
the Property or improvements thereon caused by such Testing. This indemnification shall not be
deemed to apply to costs, liabilities, claims, demands, actions, or expenses arising from
NeighborWorks's negligent acts or omissions or any pre-existing condition (including, without
limitation, environmental conditions) within the Property. If City is not satisfied with the physical
condition of the Property, City may terminate this Agreement by written notice given to
NeighborWorks prior to the expiration of the Inspection Period.
7. Date of Closing. The closing of City's purchase of the Property ("Closing") shall
take place within sixty (60) days after the Effective Date of this Agreement or at an earlier date as
mutually agreed to by the Parties ("Closing Date") and the hour and place of Closing shall be
mutually agreed upon by the Parties.
8. Transfer of Title. Subject to payment of the Purchase Price, compliance by City
with the other terms and provisions hereof, and the occurrence or waiver by City of the Conditions
Precedent to Closing defined and described in Paragraph 9, NeighborWorks shall execute and
deliver to City at Closing a Special Warranty Deed conveying marketable fee simple title to the
Property free of financing, mortgage, judgment and tax liens, subject to: (i) the Permitted
Exceptions which shall include all matters shown on the Title Commitment accepted by City; (ii)
distribution for utility and other easements; (iii) those rights, if any, of third parties in the Property
not shown by the public records in accordance with this Agreement; (iv) inclusion of the Property
within any special taxing district; and (v) subject to building, zoning, and subdivision regulations.
9. Additional Conditions Precedent to Closing. The sale and purchase contemplated
by this Agreement is contingent upon occurrence of all the following prior to Closing Date
(collectively, the "Conditions Precedent to Closing"):
(a) City Council of City, as its governing body, approving this Agreement on or
before Closing.
(b) The results of inspection and testing do not indicate any conditions which
are deemed unacceptable to City, in City's sole and absolute discretion.
In the event any of the Conditions Precedent to Closing are not satisfied on or before five
(5) days before the Closing Date, City may by notice given to NeighborWorks not less than least
five (5) days prior to Closing Date that City will: (i) waive any or all of the above conditions in
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writing delivered to NeighborWorks and close the sale and purchase of the Property, or (ii) elect
to terminate this Agreement, in which event each party will be released from all obligations under
this Agreement.
10. Closing Costs, Documents and Services. City and NeighborWorks shall sign and
complete all customary or required documents at or before Closing. All fees for the real estate
closing services, if any, shall be paid by City at Closing.
11. Prorations. City shall assume and be responsible for all general taxes and
assessments on the Property for the calendar year immediately preceding Closing.
NeighborWorks shall be responsible for taxes and assessments on the Property for all prior years.
12. Possession. Possession of all portions of the Property shall be delivered to the
City as of the Closing Date.
13. Time of Essence/Default and Remedies. Time is of the essence hereof. If any
obligation required to be performed prior to Closing (and including the obligation to close) is not
performed there shall be the following exclusive remedies:
(a) If City is in Default: In the event City defaults in the performance of its
obligations hereunder, NeighborWorks shall have the right to (i) terminate this Agreement
by written notice to City or (ii) treat this Agreement as being in full force and effect and to
obtain specific performance, but not any damages. Such violations may be restrained, or
such obligations enforced by injunction, without the posting of a bond, at the instance and
request of NeighborWorks without the showing of any special damages or an inadequate
remedy at law.
(b) If NeighborWorks is in Default: In the event NeighborWorks defaults in the
performance of its obligations hereunder, City shall have the right to (i) terminate this
Agreement by written notice to NeighborWorks or (ii) treat this Agreement as being in full
force and effect and to obtain specific performance, but not any damages. Such violations
may be restrained, or such obligations enforced by injunction, without the posting of a
bond, at the instance and request of City without the showing of any special damages or
an inadequate remedy at law.
(c) Costs and Attorneys' Fees. Anything to the contrary herein
notwithstanding, in the event of any action or litigation arising out of this Agreement, the
court shall award to the substantially prevailing party all reasonable costs and expenses,
including reasonable attorneys' fees. Exclusive venue and jurisdiction for any such
litigation shall be in the District Court in and for Pueblo County, Colorado and to the
maximum extent permitted by law, City and NeighborWorks hereby waive their right to a
trial by jury. The provisions of this subparagraph (c) shall survive Closing or termination
of this Agreement.
14. Representations and Warranties of NeighborWorks. NeighborWorks represents
and warrants to City as follows:
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(a) NeighborWorks has full power, capacity, and authority to execute and
deliver this Agreement and all other documents required to be executed and delivered by
NeighborWorks under this Agreement and to perform its obligations hereunder.
(b) This Agreement has been, duly authorized, executed and delivered by
NeighborWorks and constitutes the legal, valid, and binding obligation of NeighborWorks,
enforceable against NeighborWorks in accordance with its terms.
(c) NeighborWorks is not a party to any judicial, administrative, arbitration or
other similar proceedings relating in any manner to the Property or to NeighborWorks's
interest therein or that may detrimentally affect NeighborWorks's ability to perform its
obligations under this Agreement or the ability of persons who acquire portions of the
Property to develop, own or operate the Property. NeighborWorks has not received notice
of (and to NeighborWorks's knowledge there is no basis for) any pending or threatened
claims, actions, suits, or other proceedings of the nature described in the immediately
preceding sentence, nor are any such claims, actions, suits or other proceedings
anticipated by NeighborWorks.
(d) To NeighborWorks's knowledge, there are no violations of laws, rules,
regulations, ordinances, codes, covenants, conditions, restrictions, or agreements
applicable to the Property. NeighborWorks has not received notice from any
governmental or other agency or any other person with respect to any such violations
concerning the Property.
(e) There are no Agreements or other obligations outstanding for the sale,
lease or transfer of all or any part of the Property.
(f) There is no default, nor has any event occurred which, with the passage of
time, the giving of notice or both,would constitute a default under any agreement, contract,
mortgage, deed of trust or other instrument which relates to NeighborWorks's interest in
the Property, to the Property itself, or which affects the Property in any manner that would
have a material adverse effect on the City.
(g) To the best of Neigh borWorks's information, knowledge and belief: (i) the
Property is in compliance with all applicable state and federal environmental laws,
regulations, ordinances, rules and orders (collectively, "Environmental Laws"); (ii) there
are no pending or threatened judicial or administrative proceedings of any kind with
respect to the Property alleging the violation or potential violation of any Environmental
Law nor any pending or threatened investigations of any matters relating to any
Environmental Laws with respect to the Property; (iii)there exists no release or threatened
release of any hazardous, toxic or otherwise regulated substance, waste, contaminant or
material (collectively "Hazardous Materials"), as such terms are defined in any applicable
Environmental Law, on, in or at the Property, or any part thereof; (iv)the Property has not
been used as a dump site, a storage site for solid wastes or the location of above ground
or underground fuel or storage tanks; and (v) that Hazardous Materials are not currently
present on or have at any time been stored or used on the Property in violation of any
Environmental Laws.
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(h) NeighborWorks shall indemnify and hold City harmless and defend City
from any loss, liability or expense, including reasonable attorneys' fees, incurred by City,
or any claim made against City, by reason of NeighborWorks' breach of any of the
foregoing representations or warranties.
(I) The provisions of this Paragraph 14 shall survive closing and the
recordation of the Special Warranty Deed.
15. Representations and Warranties of City. City represents, warrants and covenants
as follows:
(a) City has full power, capacity, and authority to execute and deliver this
Contract and all other documents required to be executed and delivered by City under this
Agreement and to perform its obligations hereunder.
(b) Subject to approval by City's City Council, this Agreement will have been
duly authorized, executed and delivered by City and constitutes the legal, valid and binding
obligation of City, enforceable against City in accordance with its terms.
(c) City shall commence design and development documents for the new fire
station on the Property within one (1) year from the date of Closing. City shall commence
the full buildout of the fire station within four (4) years from the date of Closing. In the
event City fails to satisfy either of these conditions, City expressly agrees to sign a Special
Warranty Deed conveying the Property back to NeighborWorks within 3 months after the
expiration of either of these deadlines.
(d) City shall review architectural design and fit standards of the community.
(e) City shall indemnify and hold NeighborWorks harmless and defend
NeighborWorks from any loss, liability or expense, including reasonable attorneys' fees,
incurred by NeighborWorks, or any claim made against NeighborWorks, by reason of
City's breach of any of the foregoing representations, warranties or any other act by City,
its employees, agents, representative's or assigns with respect to the Property after
Closing.
(f) The provisions of this Paragraph 15 shall survive closing and the
recordation of the Special Warranty Deed.
16. NeighborWorks Covenants. Commencing on the Effective Date and until the first
to occur of Closing or termination of this Agreement, NeighborWorks shall not (a) lease, sell,
convey or further encumber any portion of the Property, (b) consent to any zoning or other change
affecting the use of the Property, except for those requested or approved by City, or (c) cause
any other changes which affect the condition of NeighborWorks's title to the Property or would
otherwise be reasonably likely to adversely impact the condition of the Property or City's intended
use thereof.
17. Notices. Any notice required or permitted to be given or delivered under this
Agreement shall be in writing and shall be given by personal delivery, or by the United States
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Postal Service, by registered or certified mail, postage prepaid, or reputable national overnight
courier service:
(a) If to City, addressed to:
Mayor
1 City Hall Place, 2nd Floor
Pueblo, CO 81003
with a copy to:City Attorney
1 City Hall Place, 3rd Floor
Pueblo, CO 81003
(b) If to NeighborWorks, addressed to:
President/CEO
NeighborWorks Southern Colorado, Inc.
1241 E. Routt Ave.
Pueblo, CO 81004
or to such other address or person as any Party may from time to time specify in a writing
delivered to the other Party in the manner provided in this paragraph. Any notice shall be
deemed delivered on the day on which personal delivery is effected or three (3) days after
deposit in the mail in the case of registered or certified mail, and one (1) business day
after deposit in the case of overnight courier.
18. Assignment. This Agreement and the rights granted to City hereunder may not be
assigned by City without NeighborWorks' express, written consent, which consent may be
withheld in the sole and absolute discretion of NeighborWorks. Except as so restricted, this
Agreement shall inure to the benefit of and be binding upon the Parties and their respective
successors and assigns.
19. Modification. No subsequent modification of any of the terms of this Agreement
shall be valid or binding upon the Parties or enforceable unless made in writing and signed by the
Parties.
20. Entire Agreement. This Agreement constitutes the entire agreement between the
Parties relating to the subject matter hereof, and any prior statements, representations or
agreements pertaining thereto, whether oral or written, have been merged and integrated into this
Agreement.
21. Captions. The captions in this Agreement are inserted for convenience of
reference only and in no way define, describe, or limit the scope or intent of this Agreement or
any of the provisions hereof.
22. Validity. If any provision of this Agreement shall be held to be invalid or
unenforceable, the same shall not affect in any respect whatsoever the validity or enforceability
of the remainder of this Agreement.
23. Broker. City and NeighborWorks represent and warrant that they shall each pay
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their respective brokers or real estate agents, if any, in connection with this transaction.
NeighborWorks agrees to indemnify, defend, and hold City harmless from and against any and
all claims, loss, liability, costs and expenses (including reasonable attorneys' fees), resulting from
any claims that may be made against City by any broker or other person claiming a commission,
fee or other compensation by reason of the transaction contemplated hereby if the same shall
arise by, through or on account of NeighborWorks. City agrees to indemnify, defend, and hold
NeighborWorks harmless from and against any and all claims, loss, liability, costs and expenses
(including reasonable attorneys' fees), resulting from any claims that may be made against
NeighborWorks by any broker or other person claiming a commission, fee or other compensation
by reason of the transaction contemplated hereby if the same shall arise by, through or on account
of City.
24. Applicable Law. This Agreement will be construed and enforced in accordance
with the laws of the State of Colorado (without giving effect to its choice of law principles).
25. Interpretation. Whenever the context so requires, the singular number shall
include the plural and the plural the singular, and the use of any gender shall include all genders.
26. Survival of Representations. The representations, warranties, covenants and
agreements of City and NeighborWorks in this Agreement are and shall be construed to be
covenants running with the Property, shall survive the Closing of the transaction contemplated
hereby and recordation of the Special Warranty Deed, may be enforced by either City or
NeighborWorks after Closing Date, and shall not be merged or be deemed to be merged into the
Special Warranty Deed.
27. Third Parties. City and NeighborWorks and their respective successors and
permitted assigns are the only parties to this Agreement and are the only parties entitled to
enforce this Agreement. Nothing contained in this Agreement, nor any provision hereof is
intended to give or shall be construed to give or confer, directly or indirectly, or otherwise, upon
any third party any right, remedy or benefit hereunder.
28. Counterparts and Facsimile Signatures. This Agreement may be executed in
multiple counterparts, which taken together shall be deemed one original.
29. Exclusivity. In consideration of the time and resources which the City will devote
to the transactions contemplated herein, NeighborWorks agrees that for a period of One Hundred
Fifty (150) days after the effective date of this Agreement or the earlier termination of this
Agreement, NeighborWorks will not, directly or indirectly, solicit, initiate or enter into discussions
or transactions with, or encourage, or provide any information to, any individual, entity or group
(other than to City and City's designees) concerning any sale or lease of the Property or any
similar transaction or alternative. The provisions of this Paragraph shall not be construed to
prohibit NeighborWorks or City from discussing the transaction contemplated herein with their
attorneys or other consultants.
30. Limitations on Liability. In consideration of City entering into the Agreement,
NeighborWorks waives and discharges City, its officers, agents, and employees from all claims
for any and all monetary damages for breach of the Agreement. In the event of an alleged breach
of the Agreement by the City, NeighborWorks's sole and exclusive remedy shall be to bring an
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equitable action for specific performance in the District Court of Pueblo County, Colorado. In
consideration of NeighborWorks entering into the Agreement, City waives and discharges
NeighborWorks, its officers, agents, and employees from all claims for any and all monetary
damages for breach of the Agreement. In the event of an alleged breach of the Agreement by
NeighborWorks, City's sole and exclusive remedy shall be to bring an equitable action for specific
performance in the District Court of Pueblo County, Colorado.
31. Condition of Property. Except as otherwise expressly set forth herein, the Property
is being conveyed to City"AS-IS, WHERE-IS"without any warranties with respect to the condition
of the Property. City will personally inspect the Property during the Inspection Period to ascertain
the condition thereof and is making this purchase without relying on any oral or written warranty
or representation by NeighborWorks, or employees or agents of NeighborWorks, as to the
condition of the Property, all of which are hereby disclaimed by NeighborWorks.
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Executed at Pueblo, CO as of the day and year first above written.
CITY OF PUEBLO, COLORADO
a Colorado municipal corporation
By:
G�yG
MAYOR
ATTESTED BY:
CIT LERK
NEIGHBORWORKS SOUTHERN COLORADO, INC.
a Colorado nonprofit corporation
By:
Name: ti(.c,' (b1Rns
Title: eh, i GAvv.Lowe.saCa .
STATE OF COLORADO
ss.
COUNTY OF PUEBLO
The foregoing instrument was acknowledged before me this 10 day of
2022 bys � of NeighborWorks Southeolorado
rn ,
Inc., a Colorado onprofit corporation.
Witness my hand and official seal.
My commission expires: `f1 ZZ12S
[ SEAL ] ' �vp.9-7
Nota
MARISA STOLLER
NOTARY PUBLIC
STATE OF COLORADO
NOTARY ID 20214015871
MY COMMISSION EXPIRES 041222025
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