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HomeMy WebLinkAboutOrdinance 1770 - Foothills Regional HousingCITY OF WHEAT RIDGE, COLORADO INTRODUCED BY COUNCIL MEMBER HULTIN Council Bill No. 18 Ordinance No. 1770 Series 2023 TITLE: AN ORDINANCE APROVING THE SALE OF CERTAIN PROPERTY OWNED BY THE CITY LOCATED AT 7575 W. 44TH AVENUE WHEREAS, the City of Wheat Ridge is a home rule municipality having all powers conferred by Article XX of the Colorado Constitution; and WHEREAS, pursuant to its home rule authority and C.R.S. § 31-23-101, the City, acting through its City Council (the “Council”), is authorized to adopt ordinances for the protection of the public health, safety or welfare; and WHEREAS, The City is the owner of real property located at 7575 W. 44th Avenue, Wheat Ridge, Colorado 80033, formerly known as the Bank of the West property, as further described in Exhibit A (the “Property”). WHEREAS, the City is authorized by Section 16.5 of the Charter to sell or convey City-owned property by ordinance; and WHEREAS, the Property is not designated park land and is not needed for any City purpose; and WHEREAS, the City now wishes to sell the Property to Foothills Regional Housing as described in the Purchase and Sale Agreement attached as Exhibit B. NOW THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WHEAT RIDGE, COLORADO: Section 1. Sale Agreement. The Council hereby approves the Purchase and Sale Agreement and authorizes and directs the Mayor and the City Clerk to execute the same, as well as the required deed conveying the property. The Council further authorizes the City Manager to execute such additional instruments as necessary to complete the sale transaction approved hereby. Section 2. Effective Date. As authorized by Charter Section 5.11, this Ordinance shall take effect immediately upon adoption at second reading and signature by the Mayor. INTRODUCED, READ, AND ADOPTED on first reading by a vote of 5 to 0 on this 24th day of July 2023, ordered published in full in a newspaper of general circulation in the City of Wheat Ridge, and Public Hearing and consideration on final passage set for August 14, 2023 at 6:30 p.m., in the Council Chambers, 7500 West 29th Avenue, Wheat Ridge, Colorado. READ, ADOPTED AND ORDERED PUBLISHED on second and final reading by a vote of 8 to 0, this 14th day of August, 2023. SIGNED by the Mayor on this 16th day of August, 2023. Bud Starker, Mayor ATTEST: Stephen Kirkpatrick, City Clerk Approved as to Form Gerald E. Dahl, City Attorney First Publication: July 27, 2023 Second Publication: August 17, 2023 Effective Date: August 14, 2023 Published: Jeffco Transcript and www.ci.wheatridge.co.us EXHIBIT A Description of Property at 7575 W. 44th Avenue Wheat Ridge, CO 80033 [attached] EXHIBIT B Purchase and Sale Agreement [attached]