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Home My WebLink About2000 Ordinance No. 082• • ORDINANCE NO. "l.:l SERIES OF 2000 BY AUTHORITY COUNCIL BILL NO. 85 INTRODUCED BY COUNCIL MEMBER WOLOSYN AN ORDINANCE AUTHORIZING THE PURCHASE OF 2357 WEST WESLEY A VENUE BY THE CITY OF ENGLEWOOD , COLORADO . WHEREAS, the owners of the 2357 West Wee ley wish to sell the property to the City; and WHEREAS, several potential uses are available for the property including sites for future AVS homes, sites for a home ownership initiative and sites to demonstrate attractive single family atteched dwelling design; and WHEREAS, developing the subject residential property will require combininc this property with 2399 Weat Wealey Avenue, then subd.iv;ding the land and requeating a variance to accommodate eight building Iota with minor variances for lot width and area; and WHEREAS, the combined property could ultimately be developed with up to sixteen dwellings as eight duplex•s ; and WHEREAS, a variety of public objec'lives can be accomplished with the devalopment of this property auch aa: I) Introducing ho1M designs with a more attractive relationship with the street; 2) Developing desi1'9ble floor plans; 3) Increasing the inventory of atl'ordable new houaing for home ownership; 4) "Raising the bar" with better quality houaing, hopefully puahing the private development community towards higher atandarda in the neighborhood; and WHEREAS , by the pasaage of thia proposed Ordinance the Englewood City Council will authorue the purchase of2357 West Wealey Avenue and the Englewood Community Development Department will be able to pursue future development at thia location; NOW , THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO , AS FOLLOWS : ~-The City Council of the City of Englewood , Colorado hereby authorizes the purchase of the 2357 Weat Wealey Avenue u.1der the "Offer To Sell Residential Real Estate" which is attached hereto as "Exhibit A." ~-The Mayor and the City Clerk are authorized hereby authorized to sign and attest the "Oller To Sell Residential Real Eatate" for the purchase oi 2357 West Wesley Avenue on behalf of the City of Englewood, Colorado. lntrodoced, read in full , and passed on fir st reading on the 16th day of October, 2000. -I- l'11' Publi.ohed u a Bill lbr an Ordinance on the 20!'., day o( October, 2000. Read by title and paued on final reading on the 6th day o( November, 2000. Publi.ohed by title as Ordinance No.?~ Series of 2000, on the 10th day of November, 2000. <Ill•> I' OFFER 1'0 SELL RESIDENTIAL REAL ESTATE Thie Olfer ia made on the -1.l!!f:.._ day of /J~ 2000, MANUEL RIOS and CLEOFES RIOS, 2367 W11t Wul,y Avenue, Enc!ewood, Colorado 80110 [Seller]. Seller agreea to 1111, on the term ■ and oonclitione -,t forth in thia Olfer, the following described real estatt .n the County of Arapahoe, Colorado, to wit: Lot 36, Block !, EX N is Feet fa; road, SOUTHLA WN GARDENS ANNEX County of Arapahoe , State of Colorado also known as : 2357 West Wesley Avenue Englewood, Colorado 80110 together with all interest of Seller, all improvements thereon and all attached fixtures thereon . The purel.ase price shall be ONE HUNDRED AND FIFTY-FIVE THOUSAND DOLLARS ($155,000.00) payable in U.S. Dollars by Buyer. This Offer shall not be assignable by the City of Englewood without Seller's prior written consent. Except for this restriction, this Offer shall inure to the benefit of and be binding upon the heirs, personal representatives, successors and assigns of the parties. Seller shall execute and deliver a good and sufficient Special Warranty Deed to Buyer, conveying the Property. The seller shall be responsible for customary cloeing costs including providing the title insurance through Land Title and filing feee . The offer is valid through December 15, 2000. The City must accept offer and close by that date. Except as otherwise provided in this Offer. the Property and Inclusions shall be delivered in the condition existing as of the date of this Offer, ordinary wear and tear excepted. E NTIRE AGREEMENT. This Offer constitutes the entire cor.cract between the parties relating to the subject hereof, and any prior agreements pertaining thereto, whether oral or wr itten , have been merged and integrated into this Offer. ' II l ' ti[ ,I I I ( R ''1 ·i, l NOTICE OF ACCEPTANCE: COUNTERPARTS. If accepted, thia document ahall become a contract betwrin Seller and the City of Englewood. A c:cpy 0£ thi, doe-JIHnt,may be eucuted by each parl;y, 1eparately, and when each porly hu HIC\lted a copy thereof, ouch copje1 taken together ahall be deemed to be a full and c:cmplete contract between the parti.e,. MANUEL RIOS Seller: Manuel Rios Date 0£ Seller's signature: /o-lf-60 Seller's Addreaa : CLEOFES RIOS Seller: Cleofes Rios Dnte of Seller's signature: _____ _ Seller's Address: -2- • • ;:t/:· . ..--------.----------------~----'------,, .. a, ~ N c:; 0 0 w ~ Q,, ::::, '" I ,. I "· -, ! -l ! :-- ) Wt:ST AVE , T _,. I _J _l ,.. /"' r ··/® !" I !.__ • :... --L L... l ":· ·1 ! i I i .!..__.._.!.. •• '--- i 11, .. IH'TW IIHW IIHW IH<IW IIUW IIIIW IHIW ltf(M' 110,W It,.. 11srw . '1 "I i I Ii i ! t1 '-- . .. , ! ! i ~ ;-· : ,-: , .. -\· 1111U2 .. '. ' Date October 16, 2000 COUNCIL CCMMUNICATION Agenda Item 11 a vi Subject: Bnl for an Ordinance authorizing purchase· of 2357 W. Wesley Ave. INITIATED BY: Community Development Dept. STAFF SOURCE : Mark Graham, Senior Planner and Janet Grimmett, Housing Finance Specialist COUNCIL GOAL AND PREVIOUS COUNCIL ACTION On September 5, 2000, Council authorized staff to negotiate on residential property in northwest Englewood. RECOMMENDED ACTION Approve a Bill for an Ordinance authorizing the purchase of residential property located at 2357 West Wesley Avenue. BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED Staff toured the property, ordered and reviewed the appraisal and met with the property owner to discuss property value . Several potential uses are available for the property including sites for future AVS homes , sites for a homeownership initiative, and sites to demonstrate attractive single family attached dwelling design . Developing the subject residential property will require combining this property with 2399 West Wesley Aver:ue , then subdividing the land and requesting a variance to accommodate eight building lots w!th minor variances for lot width and area. The combined property could ultimately be developed with up to sixteen dwellings as eight duplexes . The Planning and Zormg Commission reviews and approves subdivision plats , and the Board of Adjustment d•.01des variance requests. The four lots facing West Caspian Avenue could be inventoried until the balance of the right of way is acquired for public improvements including street and utility extensions. Caspian appears in the major street plan, however, there are currently neither plans nor budgets to construct it. Staff may facilitate a meeting with the neighbors to discuss the infrastructure and the financing optior.s . A variety of public objectives Cf" be i8 cco T,P1llsh~ J1~~ the ~evelopment of this property : 1. Introducing home designs with a more attractive relationship with the street; 2. Developing desirable floor plane (e.g. 3 bedrooms, 2 l ,:1 tha, basements, garages , etc.) 3. Increasing the lnv@r'llory of affordable new ~,i~g f , homeownership, and; 4. "Raising the bar" with better quality housing, hopefuil, 9,, hlng the private development community towards higher standards in the nelghborhr ~:1 . Staff negotiated the purch .. ~e of the subject property for fair r:i r.rr.et value based on an independent appraisal. FINANCIAL IMPACT Funds to purchase lhe property are available through the Housing Rehabilitation Enterprise Fund. No other sources of monies are required . UST OF ATTACHMENTS Bill for an Ordinance Map of Neighborhood 1, • • • •, ·• ' I .r , •,• ... :).1}:·.-·-··_·._~----------------------~ . [.,. ' wm wuu, T . . . + "' -.. ... l -. -, . i I ! -I - "s .. ,, , ,, ,,~ ·::=-=: -... "~ .. '" ... ~ • ' WOT '!-' 'I ~, I I I ·: ., OI : I- 0, .. i ! oi N I WEIT AV[. ... ,,T 0 Q ! "-· • w ' ~ 0 '--- T T1 1 ·r ··r -, j· --·, .. i= LI r -i® i_ I ;.._ L. L t.... ·-•= -~ --~ T I r i ~---' " -~-- D. I ::, II .. lllfW UN HN 11 .... IIHW UN IIIIW HCM Utw 110ft lttfW T m -~ -• ---l-l"l-1~ ~