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HomeMy WebLinkAbout1990 Resolution No. 020RESOUTrIOO 00. (Zif} SffiIES OF 1990 A RESOLUTIOO ACCEPTING A I£l'l'ER OF l'CREEMENT BE'lliEEN 'll!E CITI OF EtG.El'(X)O l\ND ST. LOOIS CHURCH Rml\RDING 'll!E CITI'S PURCHASE OF '.lllE OOlml 75 x 125 FEET OF 'll!E ST. UXJIS SCHOOL PLAYGROUND, I.E. P/\RKIOO Im. WHE!jEAS, the City of Englewood wishes to purchase additional land for future ose by the Malley Senior Center; and WHEREAS, Elsie Malley has agreed to donate approxilrately Seventy 'lhousand Dollars ($70,000) toward the acquisition of property adjoining the Malley Senior Center; and WHEREAS, the Archdiocese of Denver has previously approved the sale of said pr_operty by St. Louis Olurch to the City; and WHEREAS,. St. Louis Olurch has agreed to sell said property to the City of Englewood for the purchase price of Seventy '!housand Dollars ($70,000) contingent upon approval of the purchase by City Council and the receipt of funds in the am:,unt of the purchase price by the Malley Center Trust Fund fran the personal trust of Elsie Malley; and WHEREAS, the sale of the property to the City is also contingent upon the City 's acceptance of responsibility for relate d costs and in-proveirents in an airount estimated not to exceed '.fl;elve '!housplld Dollars ($12,000); and WIIEREA.S , the Board of Directors of the Malley Center Trust Fund, at its · n-eeting of February 15, 1990, adopted a notion recomrending that City Council . approve the property acquis ition and related fiscal responsibilities. Nat, THEREF00E, BE IT RESOLVED THAT '.lllE CITI CXlUNCIL OF THE CITI OF ElG.ElU'.Xl, COLCRADO: Section 1. '!he City of Englewood approves the Letter of Agreement regarding the p.irchase of the property fran St. Louis Olurcll, dated February 12, 1990. Section 2. '!he City o f Englewocd approves expenditure of the $70,000 purchase price fran the Malley Center Trust Fund, only after receipt fran the personal trust of Elsie Malley of the sum of $70,000 and upon bignature of the contract conveying the property fran St. Louis Olurch to the City of Englewood . I• Section 3. 'l1'le City of Englewood approves additional expenditures £rem the Malley center Trust Fund for items related to the purchase and inproverrents the total for wh ich is not to exceed $12,000. ADOPTED l\ND APPROVED this 20th day of February, 1990. ( ,:..ttest: I, Patricia H, CrCM, City Clerk for the City of Englewood, Colorado, hereby certify the above is a true copy of Resolution No. ll..Q_, Series of 1990. ~~w.~ Patricia H, CrCM n