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HomeMy WebLinkAboutOrdinance 1850 - Wilmore Davis Spectra CITY OF WHEAT RIDGE, COLORADO INTRODUCED BY COUNCIL MEMBER HULTIN Council Bill No. 17-2026 Ordinance No. 1850 Series 2026 TITLE: AN ORDINANCE APPROVING THE SALE OF FUTURE CITY-OWNED REAL PROPERTY AND IN CONNECTION THEREWITH, AUTHORIZING EXECUTION OF A PURCHASE AND SALE AND OTHER RELATED AGREEMENTS WITH SPECTRA CENTERS WHEREAS, the City of Wheat Ridge, Colorado (“City”) intends to acquire certain real property commonly known as the former Wilmore Davis Elementary School property, located at 7975 W. 41st Avenue, Wheat Ridge, Colorado (the “Property”), from Jefferson County Public Schools; and WHEREAS, following acquisition of the Property, the City intends to retain approximately 2.5 acres of the Property for permanent park and recreation purposes and convey approximately 4.5 acres, including the existing school building and associated improvements (the “Spectra Property”), to Spectra Centers; and WHEREAS, pursuant to Wheat Ridge City Charter Section 16.5, approval by three- fourths of the entire City Council, by ordinance, is necessary to sell or dispose of real property not designated as park land; and WHEREAS, the Spectra Property is intended to be conveyed for reuse of the existing school building as a special education facility school, consistent with the City's objectives for the reuse of the former Wilmore Davis Elementary School property; and WHEREAS, the City Council has reviewed and supports the proposed sale of the Spectra Property to Spectra Centers for a purchase price of $2,750,000, subject to the terms and conditions of the Purchase and Sale Agreement; and WHEREAS, the City Council therefore desires to approve the sale of the Spectra Property to Spectra Centers and authorize execution of a Purchase and Sale Agreement and related documents in connection therewith. NOW THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WHEAT RIDGE, COLORADO: Section 1. Sale of Property approved. Pursuant to Charter Section 16.5, the City Council hereby approves the sale of approximately 4.5 acres of the former Wilmore Davis Elementary School property, including the existing school building and associated improvements, to Spectra Centers for a purchase price of $2,750,000, subject to the terms and conditions of the Purchase and Sale Agreement. The Spectra Property is more particularly described in Exhibit 1, attached hereto and incorporated herein by this reference. Section 2. Approved agreement. In connection with the sale of real property approved by Section 1 above, the City Council hereby authorizes and directs the Mayor, City Clerk and City Manager to execute a purchase and sale agreement and associated documents, in form approved by the City Attorney. Section 3. Severability, Conflicting ordinances repealed. If any section, subsection or clause of this Ordinance shall be deemed to be unconstitutional or otherwise invalid, the validity of the remaining sections, subsections and clauses shall not be affected thereby. All other ordinances or parts of ordinances in conflict with the provisions of this Ordinance are hereby repealed. Section 4. Effective date. This Ordinance shall be effective immediately, as provided by Section 5.11 of the Charter. INTRODUCED, READ, AND ADOPTED on first reading by a vote of 8 to 0 on this 24th day of August 2026, ordered published by title in a newspaper of general circulation in the City of Wheat Ridge and in full on the City’s website, and Public Hearing and consideration on final passage set for September 14, 2026 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 September 2026. SIGNED by the Mayor on this 17th day of September 2026. _____________________________ Korey Stites, Mayor ATTEST: Janeece Hoppe, City Clerk Approved as to Form _______________________________ Gerald E. Dahl, City Attorney First Publication: August 25, 2026 Second Publication: September 15, 2026 Jeffco Transcript Effective Date: September 14, 2026 EXHIBIT 1 REAL ESTATE PURCHASE AND SALE AGREEMENT