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HomeMy WebLinkAboutResolution-1991-1267 RESOLUTION NO. 1267 SERIES OF 1991 TITLE: A RESOLUTION OF THE CITY OF WHEAT RIDGE AUTHORIZING JEFFERSON COUNTY OPEN SPACE TO ACCEPT THE OWNER'S APPRAISAL ON, AND TO CONTRACT FOR THE ACQUISITION OF, THE PROPERTY LOCATED AT 4220 KIPLING STREET, WHEAT RIDGE, COLORADO, AND FURTHER AUTHORIZING ACQUISITION OF SAID PROPERTY FOR AN AMOUNT NOT TO EXCEED $70,104.00, AND AUTHORIZING JEFFERSON COUNTY OPEN SPACE TO TAKE ANY AND ALL ACTIONS NECESSARY TO COMPLETE THE LEGAL REQUIREMENTS TO PURCHASE SAID PROPERTY. WHEREAS, the city Council of the city of Wheat Ridge has previously authorized Jefferson County Open Space to undertake an appraisal, for possible purchase, of the property located at 4220 Kipling Street, Wheat Ridge, Colorado, said purchase to be utilized for Open Space purposes; WHEREAS, a professional appraisal was undertaken by Jefferson county Open Space, which made an offer to purchase said property from the owner for the amount of said appraisal, being $68,500.00; WHEREAS, the owner, exercising his lawful rights, commissioned an appraisal to be undertaken for the benefit of the owner, which appraisal determined the fair market value of the property to be $70,104.00; WHEREAS, it is the desire of the City Council of the City of Wheat Ridge to authorize Jefferson County Open Space to contract with the owner for purchase of, and to purchase, owner's property for an amount not to exceed the amount of the owner's appraisal; WHEREAS, it is the intent of the City Council of the City of Wheat Ridge to have said purchase completed utilizing funds within the city of Wheat Ridge's attributable share of the Jefferson County Open Space Fund; WHEREAS, it is the desire of the city Council of the City of Wheat Ridge to authorize Jefferson county Open Space to take all actions necessary to effect said purchase as provided herein. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Wheat Ridge, Colorado, as follows: 1. The City Council of the city of Wheat Ridge hereby authorizes Jefferson County Open Space to contract for, and purchase, the property situate at 4220 Kipling street, Wheat Ridge, Colorado, for an amount not to exceed $70,104.00. 2. The Mayor, the City Clerk, and City Attorney are authorized to aid Jefferson County Open Space in any manner required by Jefferson County Open Space, including, without limitation, the execution of contracts, closing documents, or other legal requirements, necessary to effect the purchase authorized herein. 3. The purchase authorized herein shall be accomplished, to the amount authorized in paragraph 1 hereof, utilizing a portion of the city of Wheat Ridge's attributable share of the Jefferson County Open Space Fund. DONE AND RESOLVED this 14th day of October , 1991. ~ Dan Wilde, Mayor 2