HomeMy WebLinkAbout1965 Ordinance No. 030. ~~ ' .
...... # •
Introduced aa a Bill by Councilman Fullerton
BY AUTa>RI'l'Y
ORDillAllCB a>. 30, SBRIBS OF 1965
All ORDDIAllCB AU'l'IK>RIZillG A1ID DIRBCTDlG '1'BB MAJOR A1ID CI'l'Y CLBRK-TRBASURBR OF
'ftlB CITY OF BllGLDIOOD, COLORADO TO BXBCtJ'1'B AR AGRBBMBll'l' WITH MA&SFIBLD REALTY COM-
PAllY, MID TO aa:UTB SUCH O'tiiBR A1ID PURTBBR DBBDS A1ID OTBBR IRS'l'RUMBRTS AS MAY BE
•BCBSSARY, TO COBVBY TO SAm MAllSFIBLD RBAL'l'Y COllPARY A PARCEL OF RBAL'l'Y PRBSBN'l'LY
OWWBD BY ftlB CITY OP BllGLBWOOD, AS SB'l' PORTH A1ID DBSCRIBBD IR SAID ORDINANCE.
1111BRBAS, the City of Bnglewood, Colorado, presently owna in fee simple a
certain ,parcel of realty, deacribed below, which ia not dedicated as, or devoted
to the u-of, a partr and
WJ•ltBAS, llanafield Realty Ccapany, a Colorado corporation, has offered to pur-
c:ha .. the aaid realty upon the terma and proviaiona hereinafter contained,
mw, !BBRBl'ORB, BB IT ORDADlBD BY 'l'BB CI'l'Y COUllCIL OP 'l'BE CITY OF ENGLEWOOD,
COLORADOa
l!ction 1. !'he Mayor and City Clerk-'l'reaaurer of the City of Englewood, Colorado
are hereby authorized and directed to execute an agreement with Mansfield Realty
CCllpany, a Colorado corporation, containing the terma and provisions, and in the
fora, -t forth in Section 2 hereof, and, thereafter, to execute such other and
~er deed• or other inatrumenta, and to perfozm auch other acts, as may be
neceaaary to carry out the terma and proviaiona of aaid agre-ent.
Section 2. '!he tenaa and proviaiona of aaid Ac)re-ent ahall read as follows:
to-wit a
•A G R B B M B B 'l'
•'l'llis AGRB•mt, -de and executed thia day of , 1966,
by and between the CITY OF BRGLBWOOD, ColoradO, a municipal corporation
(hereinafter referred to aa •aeller•) and MAllSPIBLD RBAL'l'Y COMPANY a Colorado
corporation (hereinafter referred to aa •purchaaer•)r
WI 'l' BBS S -B '1'·111
1. Seller agree• to aell and purchaaer agreea to purchase, subject to
the terma and proviaiona of thia Agreement, that realty presently owned by
-ller, located in the County of Arapahoe, State of Colorado, described as
follow•, to-wits
All of Block 11, LOGAllJ>ALB, except the Weat It of Lota 1 through 24,
incluaive, Block 11, Logandale, (which include• all of Lota 25
through 48, incluaive, and the Baat It of Lota 1 through 24, inclu-
aive, Block 11, LOGAllDALB), together with the vacated portion of
the dedicated alley in aaid Block 11, LOGUDALB.
2. 'lhe total purchase price to be paid by purchaser is Sixty
tfhouaand ($60,000.00), which ahall be paid aa followaa
A. !'he aum of $500.00 to be paid cont-poraneoualy with the
execution of this .Aqreement, receipt of which ia acknwledged by seller.
B. 'fhe balance of the aforeaaid purchaae price, being the sum of
$59,500.00, ahall be paid in cash or certified funds at the time of closing
of title.
3. Title ahall be cloaed on or before the 15th day of February, 1966,
at which time aeller shall deliver to purchaaer a good and sufficient
general warranty deed conveying the aforeaaid real estate to purchaser, its
aaaigna or aucceaaora, free and clear of all lien• and encumbrances, except
for the lien for general taxes for the year 1966 and all subsequent years,
and the lien for special assessments aaaeaaed for street improvements in-
atalled within Pavinq District Ro. 15, of the City of Englewood, State of
Colorado.
Seller agrees to provide to purchaaer, on or before February 1, 1966,
a title inaurance camaitment in an amount equal to the purchase price,
which ahall ahow -rchantable title to be in aeller. If merchantable title
cannot be shown by that date, and cannot be ahown within 60 d1t.ys .thereafter,
the amount received by aeller, which ia receipted for hereby, shall be
returned to purchaaer and both partiea hereto ahall be released of all
obligation• created hereby.
At the time of delivery of the aforeaaid deed, purchaser shall pay
to aeller the aum of $59,500.00.
4. 'l'he aforesaid purchase price shall not include any material
preaently upon the premises, and seller agree• to remove all such material
upon aaid preaiaea on or before April 15, 1966.
:I
•.
!.
I •
'
:I
Seller further agree• that it will level the premises to a reasonably
level grade on or before April 15, 1966.
IR WI'l'llBSS WBBRBOP the partie• hereto have hereunto set their hands
and .. al• the day and year firat above written.
'1'BB CITY OP DTGLBWOOD
AftBST1 BY. ______________________ _
City Clerk-Treaaurer
llUSPIBLD REALTY COMPANY
~ii&ftl
Secretary BY. President
Pa••ed on Pirat Reading by the City Council of the City of Englewood, Colorado,
at a regular ... ting of •aid Council held on the 6th day of December, 1965, and
ordered publiahed in full in the Bnglewood Herald and Bnterprise.
Pa••ed on Pinal Reading by the City Council of the City of Englewood, Colorado,
thia 20th day of December, 1965, and ordered publiahed in full in the Englewood
Herald and Bnterpriee.
MAJOR
AftBST1
I, Claude D. Malone, Jr., City Clerk-Treaaurer of the City of Englewood, Codntyd
of Arapahoe, State of Colorado, do hereby certify that the above and foregoing is a
true and correct copy of a Bill for an Ordinance, introduced, read in full, passed
on firat reading at a regular meeting of the City Council held on December 6, 1965,
and ordered publiahed in full in the Englewood Herald and Enterprise, and that at
leaat 7 day• after above publication a• a Bill the •aid ordinance was approved,
adopted and ordered publiahed in aaid legal newapaper by the City Council at a
regular ... ting held on the 20th day of December, 1965, as Ordinance No. 30, Series
of 1965 of •ai9 City.
ATTBST1
£~Lad
City Clerk-Treasu~
·~Ga .