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HomeMy WebLinkAbout06aRRS 0 LUT 10N - * WHEREAS, it has become necessary for the City of Puablo to procure property for the location of its corral and the apparatus and machinery belonging to and used by the Street Department; and WHEREAS, by reason of the necessity of erecting permanent buildings for the protection and use of certain property, it is greatly to the advantage of the City of Pueblo, if the same can be done upon property owned by the City rather than upon property leased by the City; and MIEREAS , the property hereinafter described has been offered to the City ata price which is satisfactory, and will permit the City to purchase and own adequate gromds for enah purpose at a less ultimate cost than would be the case if leased premises were used'. THEREFORE, BE IT RESOLVED BY THE COUNCIL OF PUEBLO: That the President of the Council be and he hereby is a authorized to sign, and execute on behalf of the city / contract of purchase for LotsThree (3) Pour (4), Five (5), Six (6) Seven (7) , Eight (8) , line (9) and Fifteen (15) in Block Fixty.• six (56) in Hobson's Subdivision of a part of the City of Pueblo according to the amended plat of a portion of said subdivision, filed for record on October 26, 1887, Pueblo Camay, Colorado; said contract to providd for the purchase of oat& property free and clear of encumbrances for the sum of $1500'x00', 402- BE IT FURTHER RESOLVED: That warrants be issued in payment of the purchase price as follows: One warrant for Nine Hundred Dollars ($900.00), payable to Sella J. Hobson, in pyament of Lots Six (6) , Seven (7) , Eight (8) , Nine (9) end Fifteen (15) in said Block Fifty -six (56) , and one warrant for Six Hundred Dollars ($600:00) payable to Sella J. Hobson, ae Guardian of Georga Hobson, a minor, in payment for Lots Three (3) , Four (4) , and Five (5) in said Block Fifty-six (66); said warrants to be issued as of this date but to be delivered only upon the conveying of title,free and clear of encumbrance, to the City of Pueblo; the President of the Council, however, being authorized to place said warrants in escrow to be delivered upon the delivery of instruments of conveyenoe conveying the title to the City of Pueblo, as above provided; IT BEING FURTHER UNDERSTOW that a reasonable time shall be permitted for the perfecting and conveying of said title. Introduced by Commissioner DEC 211914