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HomeMy WebLinkAbout5088RESOLUTION NO. 8�__ A RESOLUTION AUTHORIZING THE CITY MANAGER TO PURCHASE LAND FOR THE FAU PROJECT AT PRAIRIE AVE. AND O'NEAL AVE. WHEREAS, the City of Pueblo has been negotiating with the United Pentecostal Church for the acquisition of a certain parcel of land in the City of Pueblo for the improvement of the intersection of Prairie Ave. and O'Neal Ave., now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that: SECTION 1. The City Manager is hereby authorized and directed to purchase, at a cost of $4,000.00 for and on behalf of the City of Pueblo, a certain parcel of land legally described as: A portion of Lot 2, Block 13, Beulah Heights, lst Filing. Beginning at the Southeast corner of said Lot 2; thence North 02 23' East and along the East line of said Lot 2, a distance of 52.38 ft.; thence South 74 22' West a distance of 152.97 ft. to a point on the South line of said Lot 2; thence Easterly along said South line to the point of beginning. SECTION 2. The purchase amount of $4,000.00 for this parcel of land shall be paid from account 002 -1981- 100 - 000 - 040 -1023. Introduced January 24 , 1983 By ISAAC C. DURAN Councilman APPROVED:( t President of the Council ATTEST: - ' y C erk `UEBLO, A MUNICIPAL CORPORATION M F. M 0 R A N D U M O F A G R E E M E N T AGREEMENT has been reached this �I / day of ___ June A.D. , 19 between the owner or owners of the designated parcel or parcels and Pueblo, a Municipal Corporation, for the purchase of said parcel. or parcels. The amounts to be paid, and other considerations to be given in full satisfaction of the Agreement, are as follows: For Land: (Description)_3cQ -- The proposed acquisition is legally described as follows: A portion of Lot 2, Block 13, Beulah Heights lst Filing, more particulary described as follows: Beginning at the Southeast corner of said Lot 2; thence North 02 23' East and along the East line of said Lot, a distance of 52.38 feet; thence South 74 22' West a distance of 152.97 feat to a point on the South line of said Lot 2; thence Easterly along said South line to the point of beginning. Said parcel of land contains .1.00 Acres more or less. For Improvements: TOTAL $3, 1. Ta xes and Special A ssessments , if any, delinquent from former years, Taxes and Special assessments for the current year, if due and /or payable, shall be paid by the vendor or vendors. 2. Th Memorandum embodies the whole Agreement between the parties hereto, and there are no promises, terms, conditions or obligations referring to the subjc•.(.t matter hereof, other than as contained herein. 3. The vendor or vendors hereby agree that the compensation herein provided to be paid, include Full Compensation for their interests and the interests of their life tenants, remaindermen, reversioners, lienors, and lessees, and any and all other legal and equitable interests which are or may be outstanding, and said vendor or vendors agree to discharge the same. 4. T his AReement shall be deemed a CONTRACT extending to and binding upon the parties hereto and upon the respective heirs, devisees, exer-utor.s, administrators, legal representatives, successors and assigns of the parties, only when the same shall have been approved by ohe of the following, on behalf of the City: City Manager, City Attorney. Of the total. amount of compensation hereabove agreed upon, the sum.of. $ shall be paid upon execution and delivery of a good and sufficient: Special Warranty Deed, Warranty Deed Quit Claim Deed AND THE BALANCE. OI' THE COMPENSATION, AMOUNTING TO $ payable to -- their interests may appea The terms of this Agreement are understood and assented to by us and payment is to be made in accordance with the above. It is further understood and agreed that, except as noted or specified above, IMMEDIATE POSSESSION of said premises, and the right to enter thereon, is HEREBY GRANTED to Pueblo, a Municipal Corporation, its duly authorized Agents and Contractors. T his Agreement is sub ject to approval of the City Manager and the City Council. PUEBIL .; y A MUNICIPAL CORPORATION United Ventecostal Church BY .ight=of. Way Negotiator A�tartOVTJtj:� City Manager t'ropert Negotiator 1.4. Pa 1 A ,et(