City Council Minutes 1984 09 04 - Laserfiche WebLink

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9/4/84 Page -4- The City of Boulder has approved the authori- zation to proceed with this .purchase at their August 21st meeting; and Boulder County also approved purchase at their August 29th meet- ing. The City's share of the purchase price $157,333 would be 1/3 rd of the total pur- chase price of $472,000. Attorney Rautenstraus advised that there was nothing specific for Council to act on this evening as far as an agreement or authorization for the Mayor to sign. It would seem that if the terms and conditions as set forth in the letter from Mr. Crain of the City of Boulder were basically accept- able then it would be best if Council would give authority to Mr. Rupp or himself or both to have discussions with the County and City of Boulder as far as getting to- gether a 3-way agreement to get this tied down. AUTHORIZATION GRANTED Councilman Leary moved, Councilwoman Morris seconded that Acting City Administrator Rupp and City Attorney Rautenstraus be authorized to have discussions with the County and City of Boulder to work out a 3-way agreement for the purchase of the Steinbach property. At the request of Mayor Meier, Director of Financial Services Asti-Caranci stated the funds for the purchase would come from the Water Fund - line item - Land which had a remaining balance of $159,000. This money comes from the tap fees and would depend on how much was collected. Councilwoman Morris Commented that she spoke with Commissioner Heath and suggested it might be a nice symbolic gesture, since this is a precedent with 3 entities involved, for us to get together for a formal signing on the day of the closing. Commissioner Heath suggested this be done in Louisville and Councilwoman Morris felt .this was a great idea and felt that addtional ideas by Council and staff be correlated for the ceremony.