Ordinance 2013-1639 - Laserfiche WebLink

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WHEREAS, the City Council has determined it is in the best interest of the City and its citizens to sell and convey the Property upon the terms and conditions set forth in said Agreement; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LOUISVILLE, COLORADO: Section 1. The City Council hereby approves and authorizes the sale and conveyance from the City to Louisville Mill Site, LLC, ( "LMS ") of the Property legally described on Exhibit A attached hereto for a purchase price of $200,000. Section 2. The sale and conveyance of the Property shall further be upon the terms and conditions set forth in that certain Purchase and Sale Agreeme t between the City and LMS, which Agreement was approved by City Council Resolution No. , Series 2013 (the "Agreement "), and which terms and conditions are incorporated herein by reference as though set forth in full. As provided in the Agreement, and in furtherance of the provisions of Ballot Issue 2A approved by the voters November 4, 2008, the historic Louisville Grain Elevator shall be landmarked prior to closing and upon closing there shall be granted to the City a conservation easement for the preservation of historic resources. The legal description of the site to be landmarked and the land to be encumbered by the said conservation easement shall be finally determined through the platting and landmarking process as further provided in said Agreement. No public land dedication shall be required in connection with the plating of the Property or the adjacent South Parcel, as further provided in said Agreement. Section 3. The City Council hereby further approves of, ratifies and confirms all actions heretofore taken in connection with sale of the Property in accordance with the Agreement. Section 4. If any portion of this ordinance is held to be invalid for any reason, such decision shall not affect the validity of the remaining portions of this ordinance. The City Council hereby declares that it would have passed this ordinance and each part hereof irrespective of the fact that any one part be declared invalid. INTRODUCED READ, PASSED ON FIRST . READING, AND ORDERED PUBLISHED this 0 day of a , 2013. Robert P. Muckle,'Mayor Ordinance 1639, Series 2013 Page 2 of 4