Laserfiche WebLink
Louisville City Council Meeting <br />October 17, 2000 <br />Page 7. <br /> <br />City Attorney Sam Light read Ordinance No. 1347, Series 2000. <br /> <br />Davidson called for Staff presentation. <br /> <br />City Administrator Bill Simmons reported that the City of Louisville and Steinbaugh Ace <br />Hardware Co. have entered into a land purchase contract. The City will acquire a 5,840 <br />square foot parcel, located, at 824 Front Street, Louisville, Colorado, for potential parking <br />facilities and other govemmental purposes. The purchase contract provides the City shall <br />pay the property owner a total purchase price of $145,000. Moneys from the Capital <br />Projects Fund shall be used to pay the purchase price of the property. The date of closing <br />on the property is Friday, December 8, 2000. <br /> <br />Davidson opened the public hearing and asked if anyone in the audience wished to speak <br />in favor or against Ordinance 1347, Series 2000. Hearing none, Davidson closed the <br />public heating. <br /> <br />MOTION: Keany moved that Council approve Ordinance No. 1347, Series 2000, <br />seconded by Sisk. Roll call vote was taken. The motion passed by a vote of 6-0. <br /> <br />RESOLUTION NO. 59, SERIES 2000, A RESOLUTION APPROVING A <br />PURCHASE CONTRACT TO BUY AND SELL REAL ESTATE - 824 FRONT <br />STREET <br /> <br />Davidson called for Staff presentation. <br /> <br />City Administrator Bill Simmons reported that Resolution No. 59, Series 2000 approves a <br />purchase contract to buy and sell real estate. The City of Louisville desires to purchase <br />for potential use for parking facilities and other governmental purposes, a 5,840 square <br />foot parcel owned by Steinbaugh Ace Hardware Co. located at 824 Front Street, <br />Louisville, Colorado. The purchase contract provides the City shall pay $145,000 for the <br />property. The date of closing on the property is Friday, December 8, 2000. Simmons <br />noted that Resolution No. 59, Series 2000 allows the Mayor to negotiate and approve <br />revisions to the Agreement as necessary or desirable so long as the essential terms and <br />conditions of the Agreement are not altered. <br /> <br />MOTION: Sisk moved that Council approve Resolution No. 59, Series 2000, seconded <br />by Keany. Roll call vote was taken. Motion passed by a vote of 6-0. <br /> <br />7 <br /> <br /> <br />