HomeMy WebLinkAboutResolution-1977-0515
INTRODUCED BY COUNCILMAN
~1ERKL
RESOLUTION NO. 515
Series of 1977
TITLE: RESOLUTION AUTHORIZING THE PURCHASE OF THE PETERSON/RETALLACK
PROPERTY LOCATED AT 7490 W. 29th Ave., IN WHEAT RIDGE, COLORADO,
TOGETHER WITH ALL IMPROVEMENTS THEREON, SUBJECT TO CONDITIONS.
IfHEREAS, the City Council of Wheat Ridge has previously authorized
the purchase of the Peterson/Retallack property located at 7490 West 29th
Avenue, consisting of approximately 2.114 acres, plus improvements, by Reso-
lution No. 506, from the City's allocation of County Open Space funds; and
WHEREAS, a professional appraisal report has been obtained on this
property; and
WHEREAS, the property includes a one-story single family residence
and detached garage which are not eligible for purchase from County Open
Space funds, and which have an appraised value of $25,500;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Wheat Ridge that the purchase of the Peterson/Retallack property at 7490
W. 29th Ave. be hereby authorized from County Open Space funds at the
appraised value;
BE IT FURTHER RESOLVED that $25,500 is hereby authorized to be
expended from City funds as reimbursement to the County Open Space fund
representing the value of the non-eligible one-story single family residence
and detached garage structures located on the property; and
BE IT FURTHER RESOLVED that the sum of $25,500 be disbursed from
the City's Capital Improvements fund pursuant to Resolution;
BE IT FURTHER RESOLVED that the City Attorney is hereby authorized
and directed to proceed immediately to conclude this purchase under the
terms and conditions indicated in this Resolution.
DONE AND RESOLVED by a vote of
day of May , A. D. 1977.
4
to
2
on this 23rd
MAYOR FRANK ST;TES / I,
ATTEST:
~,U tf.' , (r0 ) /L (
.}AROL F. HAMPF, CITY
1&/ d t"(
9LERK
k:~A ; if
,
,,".-
/