HomeMy WebLinkAbout1988 Ordinance No. 041I
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ORD I NANCE NO . '-/ /
SF.RIES OF 1 988--
BY AlJl'I IORI'l'Y
COUNC IL BILL NO . 42
I1'll'R()OUCED BY aJUNCIL
MEM!lffi BYRNE
NI ORDINMCE l\l'PRQI, ING 11IE LEAS E OF REAL PROPEJl.TY llls!WE~ ·n o, ENGL,El,O'.)D URBAN
!1.1:N=l'IAL l\l!l1iORITY AND TiiE CJ.TY or f!lGI.£1'1XlD , COW!WXJ , FDR PROPERTY I N THE
3400 Bl/XK OF SC\l,'T!-1 I\CO•!A .
l,1ID?EAS, the prc;,e=:·; or. :..'le east side of tJ1e 3400 Block o f South Acana
Street ·,1ns or iginal ly i)U.:-c:--.ased by En gl~ Crban Renewal Authority for
rr-deve!,.._ ,ent i:1 accor da:1ce ·.dth the Dc,...nt~m Redeve l op ren t Plan ; and
~-,1-n:::RR ~, \.y\.;:ac..c;<:? o : c~.J.."lginc redcveloprren · scenar ios , tr ~ redeveloprent
n f ':~•~ ry rO!)E'tt Y c0ulC t ake as l cr.g .:is f i ve t o te1\ y0ars ; and
1/flEREAS , tr.e City cf Eng lewcod wishes to devel op a parking lot on this
-inrcel ns an interim use rn1ti l a., acceptable developrent proposal i s f orth-
c:ani.n9 ;
:-JO,/, 'J'HERI:roRE , BE IT ORDAINl'D BY 'niE CITY CCUNC IL OF '11-!E C:l'Y OF
ENGLElm:l , C.'OLORA!Xl, THi\T:
~ection l. The Lease of Real ~r operty between Eng l=<l Urban Renewal
A•1 t hori ty and t he City o f Englewood , Colorado , i s hereby approved. Said lease
::e ne r al l y provides for t:le followi..ig :
1. 'I11e l ease pro;,erty is locat <ec on the east s i de of the 3400 Block
of !"outh Accma Street, City of Englewood, County o f Arapahoe , State
o f Co!c racio .
2 . 'The l ease is for a three-year term a t the rental r ate of One
Dollar ( $1 l o<cr year payabl e pr i or tc each renewal.
3 . The l eased µ:remises are f or muni c ipal uses , incl 1.~ding parking .
4. ~.e l ease is canc ellablc for redevel oµrent purposes if agreeable
witl-. the Cit:· c f Enale1..ood and the Eng le.,:;od Urban Re newal
:\t:tho!'itv .
Si>etion 2 . ·rhe Mayor and City Cl e r k are hereby authorized t o s ign and
at tPSt , r,,spectively, the said Le a s e for and on behalf of the City Council and
the Ci ty of F.ngle-w('ICC .
Introduced , r ead ir. full , i111d passed on fi rst reading on the 21st day o f
Novesocr , 1988 .
1988 .
Pilbli,haj a, a Pi ll for iln Or dinance on the 23rd c'.1y o f Noventier , 1988 .
Read by title and r,asseo on final ,·eadi na o~ t.oc l ~t.o ciay of Vecerrt>er,
P>.m::.shcd by :,:1,-. JS Ordin.1ncc ::" . ...'..'.___, Sc:-ics r:f [Q33 , en the 14th J,1,· cf :'C'C"·:--'!x-r, 19 S;.
Patr icia H. Crow , City Clerk
I, Patri c i a H. Crow, City Cl erk for the City of E>lg l"""°<J, Co l o r ado ,
!1er eby c ertify the above and for egoi ng is a true copy o f the Ordinance passed
,;n fi nal reading and publishe d by title as Ordinance No • .:::!.._, Se r ies o f 1988.
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