HomeMy WebLinkAbout1988 Resolution No. 045I
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RESOLUTION NO. 4 5
SERIES OF 1988
A RESOLUTION A1;REEI NG TO SE LL KING SOOPERS PROPERTY FOR TH E SUM
OF $8 00 ,00 0 .
~ILREAS, Ci ty Council ha s had an opportunity to review an
app r a i s al do ne Jn property comm on l y r e ferred t o as the "King
So opers Pr 0 Ar t y ,11 iden t ified in Ordinance No. 21, Series of
1988; anc!
WHEREAS, City Counci l h as reviewed the sale of other
prope rties invo l ve d in the Urban Re newal Plan; and
WHEREAS, City Council be l ieves i t is in t h e be st interests
o f th e Cit y t o se ll a nd 1w~ t c ,·urchase the property for the sum
o f Eiqh t Huc dred Th ousand Dc !l •1 s ($80 0 ,00 0);
NOW, Tlll'RE FORE, BE T •·.,SOLV ED BY Tl!E CITY COUNCIL OF THE
CITY OF F:NGLE \i'OOD, CO LOR ADO, THAT:
Th e City of Eng lewood agrees to sell the pr ope rty legally
~-~~•ibed i n Ord in a nce No . 21, Series o f 1988, i or the sum of
Ei ght Hundr ed Th ousand Do ll ars ($800,000).
ADOP TED AN D APPR OV ED th e 5th day of July, 1988.
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z'~(,,._,_ U::f aL
-' Susan Van Dyke, MqJ.tor
Patricia H. Crow, City Clerk
I, Pa tricia H. Crow, Ci ty Clerk of the City of Englewood,
Co lorado, here by certify the above is a true copy of Resolution
No. 45, Series of 1988.
Patricia H. Cro w