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Ordinance No. 1627, Series 2013 <br />Page 1 of 4 <br />ORDINANCE NO. 1627 <br />SERIES 2013 <br /> <br />AN ORDINANCE AUTHORIZING THE CONVEYANCE TO THE COLORADO <br />DEPARTMENT OF TRANSPORTATION OF A PARCEL OF PROPERTY OWNED BY <br />THE CITY THAT IS REQUIRED FOR PHASE II OF THE US 36 MANAGED LANE/BUS <br />RAPID TRANSIT PROJECT <br /> <br /> WHEREAS, the City of Louisville is the owner of a parcel of property referred to as Parcel <br />Number 8 (containing 20,820 square feet ±), which parcel is located within Tract A, Health Park <br />Subdivision Filing No. 6 and adjacent to the US 36 right-of-way, lying southeast of McCaslin <br />Boulevard and northwest of 88th <br /> <br /> Street, and which parcel is legally described on Exhibit A attached <br />hereto (hereinafter “the Property”); and <br /> WHEREAS, the Colorado Department of Transportation (hereinafter “CDOT”) has <br />advised the City that the Property is required for CDOT’s completion of the US 36 Managed <br />Lane/Bus Rapid Transit Project, CDOT Project Code 18907, Project No. NH 0361-103, Segment E <br />(hereinafter “the Project”); and <br /> <br /> WHEREAS, by letter dated January 4, 2013, CDOT has further advised the City that <br />CDOT would, if necessary, exercise its power of eminent domain for the acquisition of the Property <br />and in lieu of condemnation proceedings, CDOT has proposed a purchase of the Property upon <br />certain terms and conditions; and <br /> <br /> WHEREAS, in lieu of condemnation proceedings, the City Council is willing to sell and <br />convey the Property to CDOT via special warranty deed for a purchase price of $14,575.00 and <br />upon certain other terms and conditions set forth in a Memorandum of Agreement between CDOT <br />and the City (hereinafter the “MOA”), a copy of which MOA has been approved by City Council <br />resolution; and <br /> <br /> WHEREAS, the City Council desires to authorize the sale and conveyance of the Property <br />in accordance with the terms and conditions of the MOA; and <br /> <br /> WHEREAS, the City Council finds that pursuant to applicable law, including without <br />limitation Walsh v. Denver, 349 P.2d 352 (Colo. 1960), the Property may be conveyed in lieu of <br />condemnation proceedings notwithstanding any local charter or ordinance provision that would <br />otherwise provide for an election for such conveyance because a sale pursuant to this ordinance will <br />accomplish what otherwise would have had to be accomplished by condemnation proceedings; and <br /> <br /> WHEREAS, the City Council further finds that a sale pursuant to this ordinance is <br />appropriate because the entirety of the Property that would otherwise be acquired through <br />condemnation proceedings is encumbered by a perpetual easement for highway purposes granted to <br />CDOT in 1951, prior to the dedication of the Property to the City; and <br /> <br /> WHEREAS, the City Council further finds that sale and conveyance of the Property in