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HomeMy WebLinkAbout7587RESOLUTION NO. 7587 A RESOLUTION AUTHORIZING THE EXPENDITURE OF FUNDS FOR THE ACQUISITION OF REAL PROPERTY ASSOCIATED WITH THE MAIN STREET BRIDGE REPLACEMENT PROJECT WHEREAS, the City has undertaken the construction and installation of the Main Street Bridge Replacement Project; and WHEREAS, the new bridge will allow increased traffic flow along South Main Street both in traffic number and size of vehicles; and WHEREAS, the present alignment of South Main Street at Church Place is curved in a manner that is hazardous to traffic flow; and WHEREAS, the acquisition of certain real property at 138 Church Place is necessary and required to allow the City to improve the roadway alignment of South Main Street at Church Place. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The City Manager is authorized and directed to execute for and on behalf of the City, a Contract to Buy and Sell Real Estate for the property commonly referred to as 138 Church Place and legally described as follows: Lot 10 in Block "Q" in the former town of South Pueblo, now part of the City of Pueblo, except that part of Lot 10 as described: Beginning at the North corner of Lot 10 in Block "Q "; thence Southwest to the West corner of said lot; thence Northeast 102 feet to a point 10 feet Southeast of line between Lots 9 and 10; thence parallel to said line between Lots 9 and 10 to the South- west line of Corona Avenue; thence along line of Corona Avenue to place of beginning, County of Pueblo, State of Colorado CFf TT nM 9 Funds for said property acquisition in the amount of $75,000.00, plus related closing costs, shall be paid from Account Number 044 - 1994 -100- 000 - 040 -0040. SECTION 3. This Resolution shall become effective upon final passage. INTRODUCED MAFCH 27 , 1995 By FAY KAs=c Councilperson APPROVED: President of City Council ATTEST: City Clerk -2-