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HomeMy WebLinkAbout10798ORDINANCE NO. 10798 AN ORDINANCE APPROVING AN AGREEMENT TO PURCHASE AND SALE OF REAL ESTATE BETWEEN THE BISHOP OF PUEBLO, A CORPORATION SOLE, AND THE CITY OF PUEBLO, A COLORADO MUNICIPAL CORPORATION, FOR THE PURCHASE OF EASTWOOD SUBDIVISION BLOCKS 28 AND 33 REARRANGMENT OF PROPERTY BOUNDARIES IN THE AMOUNT OF $120,000.00 TO BE PAID FROM PROJECT NO. CI2113 AMERICAN RESCUE PLAN ACT, AS AUTHORIZED BY SECTION 603(A) OF THE AMERICAN RESCUE PLAN ACT AND U.S. TREASURY FINAL RULE 31 CFR 35 AND AUTHORIZING THE MAYOR TO EXECUTE THE SAME BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Pueblo, a Municipal Corporation, and The Bishop of Pueblo, a Corporation Sole, attached hereto, is hereby approved. SECTION 2. Funds in the amount of $120,000.00 are hereby authorized for payment from Project No. CI2113 American Rescue Plan Act, for purposes of purchasing EASTWOOD SUBDIVISION BLOCKS 28 AND 33 REARRANGMENT OF PROPERTY BOUNDARIES. SECTION 3. After the Agreement is approved as to form by the Department of Law, the Mayor is hereby authorized to execute said Agreement for and on behalf of the City and the City Clerk is authorized to affix the seal of the City thereto and attest the same. SECTION 4. The officers and staff of the City are hereby authorized to perform any and all acts consistent with the intent of this Ordinance and the attached Agreement to effectuate the transactions described therein. SECTION 5. 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 September 09, 2024. Final adoption of Ordinance by City Council on September 23, 2024. ____________________________ President of City Council Action by the Mayor: Approved on _______________. 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 _____________ ____________________________ President of City Council ATTEST ________________________________ City Clerk City Clerk's Office Item # R8 Background Paper for Proposed Ordinance COUNCIL MEETING DATE: September 23, 2024 TO: President Mark Aliff and Members of City Council CC: Mayor Heather Graham VIA: Marisa Stoller, City Clerk FROM: Steven Meier, Director of Parks and Recreation SUBJECT: AN ORDINANCE APPROVING AN AGREEMENT TO PURCHASE AND SALE OF REAL ESTATE BETWEEN THE BISHOP OF PUEBLO, A CORPORATION SOLE, AND THE CITY OF PUEBLO, A COLORADO MUNICIPAL CORPORATION, FOR THE PURCHASE OF EASTWOOD SUBDIVISION BLOCKS 28 AND 33 REARRANGMENT OF PROPERTY BOUNDARIES IN THE AMOUNT OF $120,000.00 TO BE PAID FROM PROJECT NO. CI2113 AMERICAN RESCUE PLAN ACT, AS AUTHORIZED BY SECTION 603(A) OF THE AMERICAN RESCUE PLAN ACT AND U.S. TREASURY FINAL RULE 31 CFR 35 AND AUTHORIZING THE MAYOR TO EXECUTE THE SAME SUMMARY: This Ordinance approves an agreement for the purchase and sale of EASTWOOD SUBDIVISION BLOCKS 28 AND 33 REARRANGMENT OF PROPERTY BOUNDARIES from The Bishop of Pueblo to the City of Pueblo and authorizes the acquisition. PREVIOUS COUNCIL ACTION: On May 17, 2021, City Council approved Ordinance No. 9931, which established Project No. CI2113 and budgeted and appropriated up to $36.7 million in funds which were expected to be distributed to the City from the American Recovery Plan Act which began on March 3, 2021, until December 31, 2024, to be expended by December 31, 2026. On February 12, 2024, City Council approved Resolution No. 15498, which authorized payment of $180,000.00 from Project No. CI2113 American Rescue Plan Act, for the th purposes of purchasing the property known as 2701 East 12 Street, Pueblo, CO, performing certain property boundary changes, performing certain improvements, and authorizing the Mayor to execute any required documents. BACKGROUND: The City of Pueblo and the Diocese of Pueblo entered into a Lease Agreement in January 2004 for a five-year period ending December 31, 2008, for use of the area th Street) as a recreation area, park, and playground. The park includes a softball field, restroom, and a playground. The City constructed additional improvements at the park in 2016 and 2017 with Community Development Block Grant Funds from the U.S. Department of Housing and Urban Development, further requiring the public improvements to be dedicated to a public purpose through 2028. On January 1, 2018, the terms of the Lease allowed for automatic month-to-month Amendment No. 2 was approved on February 17, 2023, which extended the Lease Agreement until such time as the real property could be sold to the City, but no later than December 31, 2023. FINANCIAL IMPLICATIONS: 2024 at a cost of approximately $24,000. The appraised property value for the subdivided property was estimated at $140,000. Diocese has agreed to sell the City the property for $120,000, but the City is required to install a fence along the new property boundary and adjust the irrigation and electrical systems. BOARD/COMMISSION RECOMMENDATION: Not applicable to this Ordinance. STAKEHOLDER PROCESS: Not applicable to this Ordinance. ALTERNATIVES: The City Council could decide not to purchase the property from the Diocese which would result in the require the City to remove all recreational amenities from the Diocese property. RECOMMENDATION: Approval of the Ordinance. ATTACHMENTS: 1. Signed St Anne Ballfield Purchase Contract 082624 2. Plat_recorded_Eastwood Heights RPB - Exhibit A