HomeMy WebLinkAbout2007 Ordinance No. 002•
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ORDINANCE NO . L
SERIES OF 2006 /2007
BY AUTHORITY
COUNCIL Bll.L NO . 53
INTRODUCEDBYCOUNCll.
MEMBER WOODWARD
AN ORDINANCE AUTHORIZING THE SALE OF A SINGLE F AMll. Y RESIDENC E
AT 23 60 SOUTH ZUNI STREET PURSUANT TO THE INTERGOVERNMENTAL
AGREEMENT BETWEEN THE CITY OF ENGLEWOOD AND ARAPAHOE
COMMU! TIY COLLEG E/AREA CAREER AND TECHNICAL SCHOOL.
WHEREAS , the Cit y of Englewood and Arapahoe Community Colleie/Area Career and
Technical School (ACTS) became involved in a two-year Comprehensive Build ing Trades
program for high school students and adults to have a "hands-on" experience in building a
home from the ground up through out the sc hool year; and
WHEREAS, the City acted as developer by pro viding constrJction funds from the
Housing Rehabilitation Fund and a site contractor was hired to coordinate the day-to-day
building activities with the ACTS instructor and stud ents ; and
WHEREAS, the house was built at 2360 South Zuni Street per Ordinance No . 14,
Series of 2006, with the proceeds of any sale to be returned to the Housing Rehabilitation
Fund ; and
WHEREAS , the hou se at 2360 South Zuni Street is expected to be co mpleted by the
end of Ma y 2007 ; and
WHEREAS, advenising the house for sale prior to completion will maximize the sale
time ;
NOW , THEREFORE , BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF ENGLEWOOD , COLORADO , THAT :
~-City Council hereby authorizes the sale of 2360 South Zuni Street in the
ACTS Program, which property is legally described as follows:
Lot 2, Southlawn Gardens Annex, Filing No . 4
County of Arapahoe, State of Colorado.
~-The Mayor and City Clerk are authorized to sign and attest all papers
necessary to complete this sale.
Introduced, read in full, and passed on first reading on the 18th day ofDecembet , 2006 .
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Published u a Bill for an Ordinance on the 22nd day of December, 2006 .
Read by title and passed on final reading on the 8th day of Janwuy, 2007 .
Published by title u Ordinance No .~ Series of 2006/2007, on the 12th day of
Janwuy, 2007 .
I, Loucrish!a A. Ellis, City Clerk of the City of Englewood, Colorado, hereby certify
that the above and foregoing is a true_;opy of tho Ordinance pas s on final reading and
published by titl e as Ordinance No . it:., Series 012006/2 7.
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COUNCIL COMMUNICATION
Date: I Agenda Item :
December 16, 2006 11 a Ii
I Subject:
Sale of 2360 South Zuni Street
Initiated By:
Community Development Department I
Staff Source:
Janet Grimmett, Housing Finance Specialist
COUNCIL COAL ANO PREVIOUS COUNCIL ACTION
Council approved Ordinance 63, Series 2000 acquiring 2399 West Wesley Avenue . This property was
also approved for resubdivision into four sites . 2360 South Zuni Street is one of the created sites .
Council approved O,dinance 14, Series 2006 , authorizing an IGA with the Arapahoe Community
College / Area Career and Technical School to build one single family residence at 2360 South Zuni
Street
RECOMMENDED ACTION
Staff recommends Coun,J approve a Bill for an Ordinance authorizing the sale of the property located
at 2360 South Zuni Street.
BACKGROUND, ANALYSIS, AND ALTl:RNATIVES IDENTIFIED
The Arapahoe Community College Area Career and Technical School (ACTS) is completing the
construction of a single family house at 2360 South Zuni St reet. The house was intended to be sold
upon completion d construction . The house is scheduled for completion by the end of May 2007 .
The sales price of the house will be based on a market analysis of the completed home. The sales price
will cover the costs of land acquisition, construction, and realtor's fee. All proceeds from the sale will
be returned to the Housing Rehabilitation Fund (Fund 46).
Advertising the house for sale prior to completion will maximize the sales time and, if under contract
wi1hln the next 3 months, allow the buyer to select the color of interior and exterior paint type and
color of floor coverings, appliances, etc.
If an offer to purchase the property Is received from any City of Englewood employee, their family
members, or any business in which a City employee has a financial interest then staff will submit
the offer to City Council for final approval of the sale.
FINANCIAL IMPACT
Fund 46 covers all costs of development There is no other financial Impact to the City .
LIST OF ATTACHMENTS
Bill for an Ordinance •
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