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HomeMy WebLinkAboutResolution-1977-0544 INTRODUCED BY COUNCIL}UUl MERKL RESOLUTION NO. Series of 1977 544 TILLE: RESOLUTION AUTHORIZING PAYMENT FOR THE ACQUISITION OF THE HART PROPERTY LOCATED AT 27th Ave. & Benton St. IN WHEAT RIDGE, COLORADO, FROM LHE WHEAT RIDGE ALLOCATION OF COUNTY OPEN SPACE FUNDS WHEREAS, the City Council of lJheat Ridge previously authorized the purchase of the Hart property located at W. 27th Ave. & Benton St., in Wheat Ridge, Colorado, consisting of approximately 3.45 acres, plus improvements, by means of Resolution No. 510, Series of 1977, and Resolution No. 400, Series of 1975; and WHEREAS, the City of Edgewater no longer desires to participate in the cost of such property as originally contemplated; and WHEREAS, the City of ,fheat Ridge desires to acquire this property solely from the vJheat Ridge allocation of County Open Space funds; and WHEREAS, this property has been acquired by means of a purchase con- tract executed Monday, September 12, 1977, for a total cost of $200,000; and WHEREAS, Resolution No. 510, Series of 1977, of the City of Wheat Ridge previously authorized reimbursement to the County Open Space fund for the value of the two-family residential structure located on the property which is not eligible for acquisition under the County Open Space fund; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of lfheat Ridge that the acquisition cost of the Hart property located at W. 27th Ave. and Benton St. be paid entirely from the Wheat Ridge allocation of County Open Space funds in the amount not to exceed $200,000 without any financial participation by the City of Edgewater; BE IT FURTHER RESOLVED that reimbursement of the amount of $9,266 to the County Open Space fund representing the appraised value of the non-eligible two-family structure located on the property be hereby reaffirmed and paid solely from City funds; BE IT FURTHER RESOLVED that a certified copy of this Resolution be transmitted by the City Clerk to the Open Space Director of Jefferson County. DONE AND RESOLVED by a vote of day of November, A. D. 1977. 5 to 1 on this 14th \-~a 7&1 x!~Lu~ / /.;/ )/) /' FRANK STITES, MAYOR ATTEST: ~ ;' C;R~l',-~ :'~H~1PF, 'CIT~.c~~~ '> ') /