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Home My WebLink About1999 Resolution No. 045• • RESOLUTION NO.~ SERIES OF 1999 A RESOLUTION AUTHORIZING THE EXECUTION OF AW ARRANTY DEED CORRECTING THE OWNERSHIP STATUS OF PURCHASERS AS JOINT TENAN'l'S. WHEREAS, In August 1993 , a Contract to Buy 2705 S. Delaware Street was received and accepted from Glenn R. and Leah C. Cooper; a?d WHEREAS, contracted listed the purchasers as buying the property as joint tenants; and WHEREAS, the Warranty Deed issued by the City of Englewood for cloeing on October 14, 1993 did not show the buyers as joint tenants thereby making the property ownership as tenants in common; and WHEREAS, the owners request a correction deed showing the property purchased by the Coopers as joint tenants; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, THAT: ~. The Englewood City Council hereby approvea the "Correction Deed," ahowing the real property at 2705 South Delaware Street, Englewood, Colorado, as being purchased from the City of Englewood by Glenn R. Coop.,, and Leah H. Cooper as joint tenants. The Mayor is authorized to execute and the City Clerk to attest and seal the "Correction Deed" on behalf of the City of l,;nglewood, Colorado. ADOPTED AND APPROVED this 5th day of April, 1999. I, Loucrishia A. Ellie , City Clerk for .!J>Jl City of Englewood, Co above is a true copy of Resolution No .~ Series of 1999 . COUNCIL COMMUNICATION Date April 5, 1999 I Agenda Item 11 Ci I Subject Reissuing a Project BUILD Deed Initiated By I Stiff Source Neighborhood and Business Development Janet Grimmett, Housing Finance Speclallst COUNCIL GOAL AND PREVIOUS COUNCIL ACTION Council passed Ordinance No . 16, Series of 1993 , authorizing the sale of 2705 South Delaware Street that was developed for Project BUILD. RECOMMEND ED ACTION Appr.ive a Resolution authorizing the execution of a Warranty Deed correcting the ownership status of the purchasers as joint tenants . BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED !ri August, 1993, a Contract to Buy 2705 S. Delaware Street was received and accepted from Glenn R . lio. L sah C. Cooper . The contract listed the purchasers as buying the property as joint tenants . The War ra 1\V Deed issued by the City of Englewood lor the closing held October 14, 1993 did not fist the buyers ;,s joint tenants . Without the "joint tenants· designa ti on, the legal status becomes •tenants in common•. The family is requesting a correction of the original warranty deed. FINANCIAL IMPACT None . UST OF ATTACHMENTS Proposed Resolution • • • CORRECTION DEED WAJIRAlll'IT DEED 1Bl8 DEED ts made ID correct the Warranty Deed made on October 14, 1993 and recorded at Book 7203, page 433. records of Arapahoe County Clerk and Recorder, between TIIE CrIY OF ENGLEWOOD , COLORADO , a Home Ruic City cxJsttng under and by virtue of the laws of the State of Colorado, grantnr, and GLENN R. COOPER and LEAH C. COOPER. as Joint tenants, grantees; whose legal address Is 2705 South Delaware Street, Englewood , Colorado 80110. WJTl'IES8ETB, That the grantor. for and In consideration of the sum of EIGHIY-MVE 1liOUSAND DOLLARS ($85 ,000.00). the receipt and swllclcncy of which ts hereby acknowledged, has granted, b&rgained. sold and conveyed, and by these presents docs grant, bargain, sell, convey and confirm. untn the grantee, Its successors and assigns forever , all the real property together with Improvements , lf any. situate. lying and being In the County of Arapahoe. State of Colorado, described as follows : Lots 45 and 46, Block 2, Teny's Addltlon County of Arapahoe, Englewood, Colo1ado also known by street and number as: 2705 South Delaware Street, Englewood, Colorado 80110 TOGETIIEll. with all and singular the hcrcdlta,nents and appurtenances thercuntD belonglng. or In anywise appertaining, and the r,vcrslon and reversions, rcmiiliiilcr ·-···· and remainders, rents, Issues and profits thercc,f; and all the estate. right, t!tle Interest, claim and demand whatsoever of the grantor. elL'ler In law or equity. of, In and to the above bargained and premises , with the hc1-cdltar,1ents and appurtenances. TO HAVE AND TO BOLD the said premlscs above bargained ar ,d described, with the appurtenances. unto the grantee. Its successors and assigns forever . And the grantor for Itself. Its successors and assigns. docs covenant, grant, bargain and agree to and wtth !he grantee, Its successors and assigns. that at the time of the er:scallng and delivery of these presents. It Is well seized of the premises above conveyed , has good , sure, perfect, absolute and Indefeasible estate of Inheritance , In law. In fee sl·.nplc . ar1d has good right, full power and lawful authority to grant. bargain. sell ana convey the same In manner and form aforesaid. and that th e same arc free and clear from all funner and other grants, bargains , sales, liens, truces. assessments , lncumbrances and rcstrtctlons of whatever kind or nature soever, except: Those of record. TI1e grantor shall and will WARRANT AND FOREVER DEFEND the above bargained premises In the quiet and peaceable possession of the grantee, Its successors and assigns. against all and every person or persons lawfully claiming or to claim the whole or any part thereo f. IN WITNESS WHEREOF, The grantor has ca used Its name to be hereuntD subscrt~_.!?Y Its Mayor. and . seal to be hereunto affixed. attested by Its City Clerk. on the .fa1'. day of .u,,-=-· 1999. d. [It =:ym: -I Thomas J . Bums. Mayor CORRECTION DEED •· • • SI'A1EOFOOLORADO, I I• COUNIV <JF ARAPAHOE I Toe foregoing tnatrument wu acknowledged before me thla ../,,!IJlday of ~ , 1999, Thomas J . Burns as Mayor und u>ucr1ahla A. Ellla, as City C!eQ'- the City of Englewood. Colorado, a Colorado Home Rule City. My commtaalon expires 9 /.;:u lo ..l Witness my hand and official ;.,.{_ • CORRECTION DEED -2- No . _____ -'-- WARRANTY DEED To ~TATE OF COLORADO ) l ss . County of ____ ) I hen,.by certify that this insttumenl was filed • for record in my office this ____ day of ----------... 19~at ____ o'clock _M., and duly =orded in Book ____ Page---~ FIim No.---~ Reception No . ___ _ Recorder. By ____________ _ Depuly . Fees ,$, ______ _ Mail to: __________ _ (or rclUm to :) Send Fururc Tax Statement to: • -3-