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HomeMy WebLinkAbout 17-02 - Accepting Frontier Street ROWRESOLUTION NO. L or U0' A RESOLUTION ACCEPTING, SUBJECT TO THE SATISFACTION OF CONDITIONS PRECEDENT, A SPECIAL WARRANTY DEED FOR A STRIP OF LAND LOCATED IN SECTION 19, TOWNSHIP 2 NORTH, RANGE 67 WEST OF THE 6TH P.M. AND GENERALLY IDENTIFIED AS FRONTIER STREET RIGHT-OF-WAY WHEREAS, certain real property, legally described on the Special Warranty Deed accompanying this Resolution and generally identified as Frontier Street Right -of --Way, Firestone, Colorado, (the "Property") is an approximately 89,868 square foot strip of land; and WHEREAS, the current owner of the Property, Saddleback Vistas, LLC, a Colorado limited liability company, desires to donate the Property to the Town of Firestone; and WHEREAS, the owner has tendered a Special Warranty Deed to the Town conveying the Property; and WHEREAS, the Town of Firestone desires, subject to the satisfaction of certain conditions precedent, to accept such donation and conveyance of the Property; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO: Section 1. Subject to satisfaction of the conditions precedent set forth in Section 2, the Special Warranty Deed from Saddleback Vistas, LLC, Grantor, to the Town of Firestone, Grantee, conveying the Property, a copy of which Special Warranty Deed accompanies this Resolution, is hereby accepted by the Town of Firestone, Colorado. Section 2. The Town's acceptance of such Special Warranty Deed is subject to the following condition, which shall be a condition precedent to the effectiveness of the Town's acceptance of such Deed: Grantor shall obtain and record all releases (or partial releases) of deeds of trusts and any other instruments required for the conveyance of the Property to be Town to be free and clear of all deeds of trusts and other monetary liens and encumbrances, excepting only the lien of ad valorem property taxes for 2016 and thereafter. All such releases (or partial releases) and other instruments shall be recorded prior to any recording of the Special Warranty Deed. If the foregoing conditions precedent are not satisfied by March 1, 2017, then effective on such date said Special Warranty Deed shall be deemed rejected and the original of said Deed shall be returned to Grantor. Section 3. The Board of Trustees finds and determines that the Property offered for donation to the Town is not for any park, open space or governmental purpose, but for potential use as right -of --way. Section 4. The Mayor, Town Manager and Town staff are hereby authorized to execute all documents and to do all things necessary on behalf of the Town to effect the provisions of this Resolution. INTRODUCED, READ, and ADOPTED this day of L,)?VW 2 , 20174 TOWN OF FIRESTONE, COLORADO Paul Sorensen, ATT,EGT: Larissa Medina, Town Clerk (St;tdutor� dorm. tirantot`, S�iI)U1 1MEif1(; %__1�15'I,A� 1,1.(:. a C'ultiratl�_� (,s_tllitecl I,i;sl�ili, t�° t'+7Tt�Titt. titi•ltttsL tstldr::� i, i17 I'sne�,_iticl1'�t�v1 R1t�slt�iti�t71�{ C? �{ll��?. frtr ;wt�s+ti tlnl v;tlu;Tt>le e•t�Tasiderntion other than monetary consideration, the receipt and sufficiency of which is herOw acknowlethled .lnd e;onli ssed, hereh;, sells and convcps to GrtiIM:" 'I owil of Firestone, :t t'i�h>radtt municipal corporation, \\hose legal is nddresv 151 Grant Ave, Firestone, Colorado, St 520, the 1'ttllottiistf de;x rihcd real property (thc "Property" ). tov,ether with improvelTlems. ifan��, situate, Ivillo. and heintt in the( omity of Weld, State ofColorado, described ,as follouvi: 511'; t�:�;111131�� � stud 1�,�1111)1T � A'TTt'1C_1-It�ll Hhtt'"i�t? AEU �11Ai�t.; .� }'ART 11FRI 01*. te�ith all estates, ri�!hi�, Itereditaottstts. Iasi^meat;: Intl r:thts of �va� nplturtLsttnt tltcr,•ts�: and all right, title anti isttcrest of Grantor, if and', in and to ttttj oil, has. and other minerals It) lift! unifier the Property and WARRANTS the title to the same neainst till perstats claiTltino by, throqu h and under the Grantor. tii�ncd this jk�1t..` dad ot�._�)�L�sr,^��Cat_.,'�lti. t, tt l N I Of AVrii1 ) 'I he wrcgohE;� tinstnsntati NvaE ncl;nt>ti4.1€il�ed I�c;li�r mr this j_�°j dn� t�f "��. , "vtlll�, h� �Vitnz=ss mN° h:uui and official seal '���' t��nTllnitti5l t1uWMnsentstk' FCC is ra:q�irt�J t�� rat°frost tltit; ctccd SADDLEL{ACK 11lSTA FRQNTIER STC{FET itii�FiT-Qf-bO�AY A `,1t21C' {DF LAlD l.00ATEC7 IFFI TF{E SE CORNER OF SCCTION J,ifibC+NSFiIP PJ(7R1Fi1 Rt1FdGE 67 bh�EST CJF THE G'" P,hl„ COUNTY OF WELD, TOWN OF ITRISIONF, STATE OF COLORADO, Rohr PARTICUTArilY DLSCRIBLD AS FOLLOWS: C{�P�lh�Et�CIh�G A7 THE SOUTHEA51' Ct7RNER OF SAID SFC {l�JiJ 1xa, FNOC�ri b^JFiiCH il-?i EAS'C LtC�L t�F iCiC SOUTHEAST QUARTER Of SAID SKI ION 19 € BARS Cyr OO 41' 55"W (BASIS OF BEARING) 7,630.64 FEET; (HENCE N00' 41' 55"W, 3(J.LI1 FELT ALONG SAID 5OUIHEASI LINE; 10 THE POIN?T_OF_BEGINNING; IHF_P�FCL AL{JPJ{a iHL FOLL(,JWINia S1Y, (G} C.tJUItSLS; NO3J' 41'SS"�i`V 2,b®D.6fl FEET ALtJNG 7HE SOUTHEAST QUARTER t')F SAID SLC'CCOtd 19; t,{1C�` 4i'04"b1;r 4U7.i37 FCET r`1Lt7NG 7HE NCaRTHEAST {�UAC{TEti L3F S+1?D SECTIOiV 13 T{� r'i P{)I%dT OC'J THE iJun i ll LINE THAT PARCEL DESCRIBED IN THE WARRANTY DEED RECORDED AT RECEPTION NO, 3236312; 7F{E{VCL S4!?'' "14'ir"�°'b1� 39.1 t Fi:C T ALC1P�iG THE R!Clli`CH F'CiO(7C RTY I.ITvF C1C SHIC> t'ACiCEt; TWENCT DEPARTIN{a TF{E. Cd{7RTH FINE OF SAID PAiTCFI41" 01"€ 3F2,7& FEF`T, THFE:CF 5€7Q" 91' S5"'E 2,5�J9.R6 FEET TEl A Ps�IN't ©N THE fdORTH RIGI-17-OFt�JAY MINE OF 6RA1`d7 AVi'PtUF, ALSO iIFiNG THE SOUTH FINF OF THAT PAC;CL1 L1C SCRi1JEC) ICJ TFiE WARRANT Y a�t;E{> RECORDED AT RCCEPTION NO. 3236312 ; 1III NCt StIW t)f{' 42"F, 'Art .A1 FEET AL()DEC, SitiID LINE TCJ THE C'filttli C1� f3F.G.lEJ"ICW:i. ACtLA r 39,868 SQUARE F EFT (2.063 ACItFS), mORF OR I. FSS. ('aw��n<��ft in � ,y•i ;-Itt�t i(=31. t'_Id.S., rui �l��rtli+�l�itl�ar)� fr�r is rc.luircil {u rLcur�I {Fu�� c9c�4tI