HomeMy WebLinkAbout1968 Ordinance No. 014Introduced •• a Bill by COuncilaan Pullerton.
8Y AO'tliORI'l'Y
1968.
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LVilB PAYm'f8 mt '1'0 BXCBlll OBS &UllDDD 'ftm1J8MD DOLLARS
($100,000.00) PD YBAR AllD '1'llS SU88BQUm'1' cmvBYAllCB OP TITLE
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BB I'f ORDADIBD BY '1'llB CI'l'Y eotmc?L OP '1'llB CI'l'Y OP
DGLBtlOOD, a• followat
Section 1. '!'he Mayor and City Clerk are hereby
authorized ana directed to execute that certain propoaed
agr-ent between the City of Bn9lewood, Colorado, and the
Bn9lewood, COlorado, Municipal Buildin9 Authority, a copy of
which i• on file in the office of the Director of Finance for
public inapection, relating to the conveyance of a aertain
parcel of realty, toCJ•ther with the iaprov ... nt• thereon, to
the aaid corporation and the aubaequent leaae of •aid realty and
the illprov ... nta thereon to i:Jl• City froa the corporation at
annual leaH paymenta not to exceed One Hundred '1'houaand Dollars
($100,000.00) per year and the aubaequent conveyance of title
to the City frcm the corporation.
Section 2. 'l'he Mayor i• hereby authorized, prior to
execution of the hereinabove deacribed a9r .... nt, to cau•e the
aaid agr .... nt, •• well •• the leaaehold inatrument incorporated
therein, to be .. ended ao a• to chan9e the date aet forth therein
for th• clo•iDCJ of title, the ca.aenc .. ent of the lea•e, the due
date or date• upon which the title to th• realty and improvements
deacribed therein •hall pa•• to the City, whether throuqh exer-
ci•• of the option therein granted or otherwiae, providinq, how-
ever, that any date ••t by any auch ... ndaent for the clo•inq
of title ahall not be later than June 15, 1968, and , provided
further, that any other date• chan9ed by auch •endment •hall
bear aubatantially the .... relationahip to any amended date
.. t for the cloain9 of title, a• the aaid other date• pre•ently
bear to the date preaently ••t for th• cloain9 of title.
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AiiiL8'1't
Introduced, read in full and pa••ed on fir•t readinq
on Pebruary 19, 1968.
Publiahed a• a Bill for an Ordinance on February 22, 1968.
Allended on March 18, 1968.
Publiahed in ... nded form a• a Bill for an Ordinance on
March 31, 1968.
Introduced, read by title and paaaed on final reading
on April 1, 1968.
Publi•hed a• an Ordinance on April 4, 1968.
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