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HomeMy WebLinkAbout1985 Resolution No. 028• • • RE.SOLUTION NO. ~ SERIES OF 1985 A RE.SOLUTION APPROVING QUIT CLA IM DEED, RESERVATION OF EASEMENT AND AGREEMENT BE'IWEEN THE CITY OF ENGLEWOOD AND RICHARD K. AND JUN E K. CLARK AFFOC'rING CERTA IN REAL PROPER'rY CONTAINING ·rHE ENGLl:l'IOOD RESERVOIR AND CMNED BY TH E CITY OF ENGLEJ.<iOOD . WHEREAS , on March 20 , 197 8 , the City enter ed into a n ag ree- ment with Rampar t Investmen ts Co r porat ion arrl !lrooke w. Banbury affecting certain rea l property owned by the CiLy of Englewood ; and WHERFAS, Ri chard K. Cl ark and Ju ne K. Cl a r k are successo rs in interest to Brook e W. Banbu ry i n said agreenent ; and WHERF.AS , said agreanent ~xov ided , in pa r t , fo r an exclus ive l ease for a term of twenty years frcxn date of the ag reane nt for a port i on of the su rface of the north part of Eng l ewood Re servo ir sufficient to build and al l ow access to a tennis court ; and WHEREAS , the City desires to bu)• out the rights to sa i d l ease fr001 the Clarks ; NOtl , THEREFORE , BE IT RESOLVED BY THE C ITY COUNCIL OF TH E c 1•ry OF ENGLEJ,/OOD , COLORADO : Section l. 'lhat the document e ntitled "Qu it Claim Deed , Rese r vation of Easene nt a"ld Agreanent" between the City o f Eng lewood d rrl Ri chard K. arrl J une K. Clark whe r eby the City pays Richa rd K. Cl ark a nd June K. Cl a r k a lum p sum of ~12 ,000 for the ir exclusive l ease of a portion of the surface o ~ land conta ining EngleWGOd Reservoi.r is he reby approved . A ccpy of sa id O.,it Claim Deed , Re servat i on of EasBTient a nd AcJ r eanent is a ttached her e to and incoq,:>r ated here in by r e ference . Sec ti o n 2 . 'lhat th Mayor and ex offkio City Clerk - Tr e as~:r e r are author i zed to sign arrl att est said Q.Jit Claim Deed , Reservat ion of Easenent arrl Ag r -anen t for a rd on behalf of the City Council a nd the Ci ty of E)iglewou I . APP ROVED AND AOOP'r ED t his 15th day o[ J u ly , 1985 . '·~ (''-?; Eugen"e L .. Otis , Mayor ~ Att est : I --~~_v.7Ji~ ~ ~ tx"o f:( i cio Ci t;.y Cl erk-Trea'.si:rnir I, Giry R. Higbee, ex officio City Clerk-Treasurer of the City of Englewood, Colorado, hereby ce rtify the foregoi!l9 to be a oonplete, accurate ard correct copy of lesolution No. oL-8 , Series of 1985. -- • I • • • • QUl'r CLAIM DEED , RESERVATION OF EASEl'I ENT ANO AGREEl'IEN'l' '!1-115 AGR EEl'I ENT , made and entered into this day of , 1985 , by and between the CITY OF ENGLOiOOO , a Coloracfomunicipal cor[X>rat i on , he re inafter referred to as 11 City," and RICHARD K. CLARK a nd JUNE K. CLARK , hereinafter referre:l to as "Clark ," successo rs in i nt e rest to Brooke W. Banbury. WITNESSETH WHEREAS , City entere:l into an agreenent d ate:l Mar ch 20 , 1978 wi lh Rampart investments Corporation , a Colorado corpora tion , ard Br ooke W. Banbury a ffecting certain real property owned by the City of Englewood; and WHEREAS , Richard K. Clark and June K. Clark have purchased the property a t 150 4 cottonwood lane , Englewood, Colorado and a re successo r s in inte rest to Brooke W. Banbury ; ard WHEREAS, that ag r eenent prov i ded , i n part , for an exclusive lea se for a term of .wen ty ( 20 ) years fro.11 dale of the agreenent of a portion of the surface of Englewood Reservoi r north part s u f fi - cient to build and allow acces s to a t e nni s cour t ; 1'0/, THEREFORE , it is the desi r e of Cla rk t, quit claim to tt>e City c e r tai n rights acquired pursuant to tlv c Mar c h 20 , 1978 agreenent between the City and Rampart Investments eoq.x:,ration and Br ooke W. Banbur y. 1'1e parties do hereby mutually agree as follows : l. City pays Clar k the lll!IP s um of Twelve 'Jlousa nd Dollars ($12 ,000) arll! Clark l,.,r e by s e l:s and quit clai.ns to the City all rights and pr ivi l ('ge~ acquired by Cl a rk by way of th ;1arch 10 , 1978 agreene nt between the City a nd Rampl<t and Banbury , Cl ark rescrvi n':) onl y a per sonal eas31l ent right fc.c ma i ntenance of l a ndscapi ng the proper ty located between the City 's wa e r tan'< and 1504 Cottonwood lane . Said wate r tdnk i s loca led on City prcperty l e<J" \ l y described as : A tract o[ land in the North 1/2 o[ s, l/4 of Nrl l /4 of Section 14 , Town ship 5 South , Rang e 68 We st of the 6th Principal Meridia n, mor e particular ly desc ribed as follows : lle.Ji nning a t the SE corner of the North 1/2 of 9'I 1/4 of Nil l/4 of sa id Sec tion 14 , thence NOrth along the East line of t he NOrth l /2 of 9'I 1/4 of N,-1 1/4 of said Section 14 , 559 .59 feet , thence South 88048 ' we st 391 . 8 feet ; thence South 060 48 ' East 561.6 f eet t o t he South l ine o f said North 1/2 ; thenc Nor t i1 880 48 ' f,ast 330 . 7 feet to the point of be<)i nning , 1'!:a paho County , Co l o rado . The parties ag r ee that the easement shall be subject to the restrictions contained in thi s agreement. 2. '!his easement shall be persona l to Cl ark ; s hall not be transferrable to their heirs or assigns ; and shall renain in effect only so l ong as Clark owns t.he property at 1504 Cottonwood lane , Englewood , Colorado, l egally descr i bed as : IJJt 9 , e xcept beginning at SE corner of said lot , thence Si 184. 88 feet ; thence N 90 fee t ; the nce NE 157, 52 fee t; the nce S 30 feet to beginning , Gr eenwood High l a nd s Firs t Filing , l\rapahoe County , Colorado . a nd canpl i e s with all terms a nd conditions he reof. 3 , Cl ark agrees that the ma int e nance of the l andscapi ng sha ll only be performed by canpete nt persons and that suci, maintenan ce will not interfe r e wi t h (Mner-C.;'"·• 1 s use of the property . 4 . Clark ag r ees to hold the Ci ty harmless for any inj ury occ urring by virtue of the use of t his easaTie n t a nd t o r e l e a se the Ci ty Eran all liability for any i njury o r damage '""ich may occur as a r e sult of the ir or their agents ' use of this e asaTient. 5, Cla rk will use reasonable care in the exercise o f thi s ,aasement a nd sha ll keep the gate t,,:,hind l504 Cottonwood lane locked at all times except when a<#--:e ~J f o r mai nt e nance is required. lN Wl1'NESS WHEREX>F, the pa rti es her eto have caused this Ag r can2nt t o be executed the day and year f i r st a bove ·.n:it.t e n . 'i'ITcha rd K. Cla rk June K.Cfark --- C!'rY OF ENG!,&1000 , COLORADO By 0.Jg ene L. 0t1s , Mayo r -Gar y R:-ffigbee , ex offlClO Ci ty Clerk -Tre a s ure r • • •