HomeMy WebLinkAbout6186RESOLUTION NO. 6186
A RESOLUTION AUTHORIZING THE EXECUTION OF A
QUIT CLAIM DEED TRANSFERRING LAND FROM THE
CITY OF PUEBLO TO THE PUEBLO URBAN RENEWAL
AUTHORITY
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that:
SECTION 1
The Quit Claim Deed dated May 9, 1988, attached hereto and
incorporated herein, transferring Lots 1 and 2, Block 1, Pueblo
Center, Filing One, to the Pueblo Urban Renewal Authority, is
hereby approved subject to the following:
(a) The net purchase price received by the Pueblo Urban
Renewal Authority from the sale of the property described in said
Deed shall immediately upon receipt thereof by the Pueblo Urban
Renewal Authority be paid to the City.
(b) The Pueblo Urban Renewal Authority selling and transfer-
ring Lot 1, Block 1, Pueblo Center, Filing One to Ross Investment
Group - Pueblo Ltd. for the purpose of constructing thereon a
three (3) story office building containing approximately 27,000
square feet of rentable area and for a purchase price of not less
than $6.00 per square foot payable as follows: one -half thereof in
immediately available funds and the balance in ten (10) equal
annual installments.
(c) Pueblo Urban Renewal Authority shall not sell or
transfer Lot 2, Block 1, Pueblo Center, Filing One, without the
prior approval of the City.
eVnmrnM I
The President of the City Council is authorized to execute
the Deed for and on behalf of the City. The City Clerk is
directed to affix the seal of the City thereto, attest same, and
cause the Quit Claim Deed to be recorded in the office of the
County Clerk and Recorder of Pueblo County, Colorado.
INTRODUCED: May 9, 1988
By MIKE SALARDI
Councilman
ATTEST: APPROVED:
Cl y Clerk r sident of the City Council
-2-
Recorded at /-- 5 o'clock M., MAY 18 988
�O
0
G Reception No. _
TH IS DEED, Made this 9th day of May ' 19 88,
between
Pueblo, a Municipal Corporation
Recorder.
I a corporation -duly organised and existing under and by virtue of the laws of
the State of Colorado, of the first part and Pueblo Urban Renewal Authority organized
and existing under the laws of the State of Colorado.
whow•ielfal address ix 1 City Hall Place, Pueblo, Colorado 81003
of the County of Pueblo
i State of Colorado, of the second part,
WITNRiMBlETRR, That the said party of the first part, br and in eonsitlera-
tionofthesumof Ten Dollars and other good and valuable consideration
+' Rai•
to the said party of the first part in hand paid by the said par/ of the second part, the receipt when*( is hereby
confessed and acknowledged, bath remised, released, sold, conveyed and QUIT CLAIMED, and by the" pr dothg
remise, release, sell, convey and QUIT CLAIM unto the said part Y of the second part, i t S 5 U um ind
assigns forever, all the right, title, interest, claim and demand which the said party of the first part bath in and to the
following described property situate, lying and being in the County
of P U e b 1 0 and State of Colorado, to wit:
Lots 1 and 2, Block 1, Pueblo Center,
Filing One
i
Documentary Fee: Exempt
also known asstreetandnumber West First Street and Union Avenue, Pueblo, CO
TO HAVE AND TO MOLD the same, together with all and singular the appurtananees and privileges thereunto
belonging, or in anywise thereunto appertaining, and all the estate, right, title. interest and claim whatsoever, of the said
party of the first ar � either in law or equity, to the only proper use, benefit and behoof of said party of the second
part, its S 4>��li Jtinns forever.
IN W W,#EIMF. The said party of the first part bath caused its corporate nom* to be hereunto subscribed
ident and its corporate seal to be hereunto affixed. attested by its Ci C 1 e r k
first above written. * of the C Counc
I
Soeretary.
PUEBLO, A MUNICIPAL CORPORATION
I 'i
r
sid 6f the Ci auiw
- 7r
V:PATATE OF COLORADO
M.
county of Pueblo
The bregoing instrument was acknowledged before me this dayof
19 &8,,, *"k•° Yteth Hunter as President of the City sia
,.r'�a iA 11 and Marian D. Mead as City Clerk of
t a P ePA0w, , F a ,Municipal Corporation. ,*
C t t3 A
May'
�a
fieoatlsupeE
Ne. lAa-B.
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No"" Pour
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psesdow firs Bradford Fublishina Co., Denver, Colorado — I1 -
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