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]