HomeMy WebLinkAboutResolution-1978-0576
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INTRODUCED BY COUNCILPERSON
TURNER
RESOLUTION NO. 576
Series of 1978
TITLE: RESOLUTION AUTHORIZING THE JEFFERSON COUNTY OPEN SPACE OFFICIALS TO
SECURE PROFESSIONAL APPRAISAL ON THE LOVEJOY PROPERTY LOCATED AT
4301 PIERSON STREET IN WHEAT RIDGE, COLORADO, AND TO PURCHASE SUCH
PROPERTY FOR OPEN SPACE PURPOSES SUBJECT TO FINAL APPROVAL OF THE
PURCHASE PRICE BY THE CITY OF WHEAT RIDGE.
WHEREAS, the Lovejoy property located at 4301 Pierson Street, in
Wheat Ridge, Colorado, consisting of approximately 3.4 plus acres west of
Pierson Street, east of Prospect Park and north of Clear Creek, together with
three (3) shares of Lane Ditch Co. water rights, has been offered for sale to
the City by the owner, and
WHEREAS, this property is located adjacent to Prospect Park and would
be useful to the City for the expansion of parks and open space facilities in
this location, and
WHEREAS, the City desires to investigate the value of this property and
to consider acquisition of the property under the Jefferson County Open Space
program;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Wheat Ridge, that the Jefferson County Open Space officials be hereby authorized
and requested to secure a professional appraisal on the Lovejoy property as
referenced in this Resolution, to determine its market value;
BE IT FURTHER RESOLVED that the appraisal report should include a separate
opinion of value of the three (3) shares of the Lane Ditch Co. water rights which
are included in the sale price of the property;
BE IT FURTHER RESOLVED that the appraisal include the value of purchasing
the development rights only for a portion of the property consisting of one
acre only on the south end of the property.
Resolution No.
576
, Series of 1978
Page - 2 -
BE IT FURTHER RESOLVED that the Board of County Commissioners be
hereby requested to purchase this property for parks and open space purposes
in the City from Wheat Ridge's allocation of Jefferson County Open Space Funds
subject to final approval by the City Council of the purchase price and terms
and conditions of the purchase.
DONE AND RESOLVED by a vote of
5
to
1
on this
8th
day of
May
, A.D. 1978.
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OLIVER V. PHILLIPS, t1AYOR
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