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Home My WebLink About861156.tiff RESOLUTION RE: APPROVE CONVEYANCE OF COUNTY'S INTEREST IN CERTAIN AIRPORT PROPERTY AND AUTHORIZE CHAIRMAN TO SIGN APPROPRIATE DOCUMENTS WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, Weld County, Colorado, and the City of Greeley each have an undivided 1/2 interest for property which is described as follows: A tract of land located in the W' of the NE4 of the SEa of Section 3, Township 5 North , Range 65 West of the 6th P.M. , Weld County, Colorado, being more particularly described in the Quit Claim Deed, a copy of which is attached hereto and incorporated herein by reference. WHEREAS, the Greeley-Weld County Airport Authority has submitted a request to the Board of County Commissioners that it convey, by Quit Claim Deed, its 1/2 interest in said property in exchange for a tract of land which is owned by Claus B. Sternberg and Lee S. Bublitz , and WHEREAS, the property which is owned in joint tenancy by Claus B. Sternberg and Lee S. Bublitz , tenancy, is described as follows : A tract of land located in the SE' of Section 3, Township 5 North , Range 65 West of the 6th P.M. , Weld County, Colorado, being more particularly described in the Quit Claim Deed, a copy of which is attached hereto and incorporated herein by reference. WHEREAS, in order to complete said transaction the Greeley-Weld County Airport Authority further requests that the Board execute the Closing Agreement for Trade of Real Estate, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BF IT RESOLVED that the Board of County Commissioners of Weld County, Colorado, does hereby approve the conveyance of its 1/2 interest in the property hereinabove described, by Quit Claim Deed to Claus B. Sternberg and Lee S. Bublitz. 861156 Page 2 RE: CONVEYANCE OF PROPERTY - AIRPORT AUTHORITY BE IT FURTHER RESOLVED by the Board that it hereby approves the purchase of the property, as hereinabove described, being traded from Claus B. Sternberg and Lee S. Bublitz . BE IT FURTHER RESOLVED by the Board that it hereby approves the Closing Agreement for Trade of Real Estate. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is , authorized to sign all necessary documents. The above and foregoing Resolution was , on motion duly made and seconded, adopted by the following vote on the 8th day of December, A.D. , 1986. ��]j `� BOARD OF COUNTY COMMISSIONERS ATTEST:` (�n.� T •4� �ZGrJ WELD COUNTY, COLORADO Weld County Clerk and Recorder and Clerk to the Board &--c.--Ct6" . ue .N .o Chairman O • G. .►;,ay .. a ;- em eputy County C rk APPROVED AS .TO FORM: ene R. Brant er � 7 KCAk (/ �� r County Attorney jf Frank Yamaguc i 861156 • Recorded at o ck M. on Bt. Page Reception No. Recorder Quit Ciaim,Tait THIS DEED is a conveyance from the individual(s), corporation(s) or other entity(ies) named below as GRANTOR to the individual(s) or entity(ies) named below as GRANTEE of whatever interest the GRANTOR may have in the real property described below. The GRANTOR hereby sells and quit claims to the GRANTEE the real property described below with all its appurtenances. The specific terms of this deed are: Grantor: (Give name(s)and place(s)of residence:if the spouse of the owner-grantor is loining in this Deed to release homestead rights. identity grantors as husband and wife.) CLAUS B. STERNBERG and LEE S. BUBLITZ Grantee: (Give names) and address(es):statement of address,including available road or street number, is required.) THE CITY OF GREELEY, a Municipal Corporation, as to an undivided 1/2 interest; and THE COUNTY OF WELD, a Body Corporate and Politic of the State of Colorado, as to an undivided 1/2 interest Form of Co-Ownership: (If there are two or more grantees named,they will be considered to take as tenants in common unless the words"in joint tenancy"or words of the same meaning are added in the space below.) Property Description: (Include county and state) (See attached legal description) • D_ A m Property Address: 0 O a Reservations-Restrictions: (If the GRANTOR intends to reserve any interest in the property or to convey less than he owns.or if the GRANTOR is restricting the GRANTEE'S rights in the property,make appropriate indication.) to m 3 C Executed by the Grantor on . 19 Signature Clause Ise Corporation,Partnership or Association: —Claus Clause for Indlwduaga): — Name of Grantor Corporation,Partnership or Association Claus B. sternberg Grantor By Lee S. Bublitz Grantor By Attest Grantor STATE OF COLORADO COUNTY OF Weld 1 The foregoing instrument was acknowledged before me this day of 19 By • Claus B. Sternberg and Lee S. Bublitz WITNESS my hand and official seal. My commission expires: Notary Public STATE OF 1 COUNTY OF ss. The foregoing instrument was acknowledged before me this day of . 19 By• I•name individual Grantor(s(1 or if Grantor is Corporation.Partnership or Association,then identify signers as president or vice president and secretary or assistant secretary of corporation,or as partner(s)of partnership.or as authorized member(s) of association I WITNESS my nand and official seal My commission noires: Notary Public F 1951 UPDATE LEGAL FORMS P O. Box 1815-Greeley, Colorado 80632 1303) 356-1199 NO 203 e - _ 4, ,r4 aw -"tirss zs »e-r •Wt4‘'? + G+,fSWP'3 d9;ri-wAT>^'r'£rp°;+r+� s' ?' A part of Recorded Exemption No. 0961-3-4-RE532 , recorded March - 2 , 1982 in Book 962 as Reception No. 1884439 , being more particularly described as follows: A tract of land located in the SEh of Section 3 , Township 5 North, Range 65 West of the 6th P. M. , being more particularly described as follows: Beginning at the Center of said Section 3 and considering the West line of the SEA of said Section 3 to bear North 01° 28 ' 01" East and wish all other bearings contained herein relative thereto; thence S 89 36 ' 11" E, 180. 03 feet along the North Line of said SEC; thence S 01° 28 ' Dl" W, 346. 49 feet; thence N 88° 31 ' 59" W, 180. 00 feet to the West Line of said SE4; thence N 01° 28 ' 01" E, 343. 13 feet along said West Line to the Point of Beginning, Weld County, Colorado. Recorded at t. ack M. on t. A Page 'teceptlon No Recorder Quit Ciaini"Deeet �J THIS DEED is a conveyance from the individual(s). corporation(s) or other enttty(ies) named below as GRANTOR to the individual(s) or entity(ies) named below as GRANTEE of whatever interest the GRANTOR may have in the real property described below. The GRANTOR hereby sells and quit claims to the GRANTEE the real property described below with all its appurtenances. The specific terms of this deed are: Grantor: (Give name(s) and place(s)of residence:if the spouse of the owner-grantor is Joining in this Deed to release homestead rights. identify grantors as husband and wile.) -THE CITY OF GREELEY, a Municipal Corporation, as to an undivided one-half interest; and THE COUNTY OF WELD, a Body Corporate and Politic, of the State of Colorado, -as to an undivided one-half interest. Grantee: (Give name(s) and address(es).statement of address,including available road or street number,is required.) CLAUS B. STERNBERG and LEE S. BUBLITZ, 1700 South Harrison Street, Suite 502, Denver, CO 80210 Form of Co-Ownership: (If there are two or more grantees named,they will be considered to take as tenants in common unless the words"in joint tenancy"or words of the same meaning are added in the space below.) In Joint Tenancy Property Description: (Include county and state) (See attached Legal Description) A Property Address: n 0 6 Reservations-Restrictions: (If the GRANTOR intends to reserve any interest in the property or to convey less than he owns.or if 3 the GRANTOR is restricting the GRANTEES rights in the property, make appropriate indication.) ex m C 3 Executed by the Grantor on 19 Signature Clause for Corporation.Partnership or Associalbn: Signature Cain for IndMdualU): THE CITYOFdGREEELEEY—a Municipal Corporation Name of Grantor Corporation.Partnership or Association Grantor By THE COUNTY OF WELD, a Body Corporate and Politic ot the State Grantor • crest hM By; ( , Atyln I OP 4In i Grantor STATE OF COLORADO r ) Ss" COUNTY OF WELD The foregoing instrument was acknowledged before rear' the City of Gree ley,°aa°Municipal Corporat io!i By for the County of Weld, a Body Corporate and Politic of the wn rveb�my nand and official seal State of Colorado My commission expires: Notary Public STATE OF ss. COUNTY OF 1 The foregoing instrument was acknowledged before me this day of . 19 By' ('name individual Grantor(s)or if Grantor is Corporation.Partnership or Asso°iation.then identify signers as president or vice president and secretary Or assistant secretary of corporation,or as partner(,)of partnership.Of as authorized member(sl of association I WITNESS my hand and official seal My commission expires: Notary Public e 1951 UPDATE LEGAL FORMS P O. Box 1815-Greeley. Colorado 80632 (303) 356-1199 NO 203 a`,'`P.. , 4,E+C-4^C'' i+Y, At- "41 .a..:yry a+tw v+S+..S,�<.t'v'. `.X.-- �a,. + *- ^Y'tv--`f,el%arse-'v\'. A tract of land located in the W1 of the NE4 of the SEC of Section 3, Township 5 North, Range 65 West of the 6th P .M. , being more particularl} described as follows: Commencing at the SE Corner of said Section 3 and c8nsidering the East Line of the SEk of said Section 3 to bear N 01 34 ' 53" East, with all other bearings contained herein being relative thereto; thence N 01 34 ' 53" E, 1268. 59 feet to the SE Corner of the NEB of the gEix of said Section 3; thence S 89 26' 29" West, 658. 51 feet ot the SE Corner of the W1 of the NE4 of the SE4 of said Section 3, said Point being the TRUE POINT OF BEGINNING; Thence S 89 26' 29" West, 658. 51 feet ot the SW Corner of the W1 of the NE4 gf the SEh of said Section 3; thence N 01 34 ' 39" West 82 . 16 feet along the West Line of said W1 of the NE4 of the SEh to a point on the re-established fence line location; thence S 88 50 ' 40" East, 658. 07 feet along said fence line location to a point 8n the East Line of said W1 of the NE4 of the SEA; thence S 01 34 ' 46" West, 62 . 46 feet to the TRUE POINT OF BEGINNING , Weld County, Colorado. • CLOSING AGREEMENT FOR TRADE OF REAL ESTATE This Agreement made this day of and between the CITY OF GREELEY and the ena1986 by referred to as "City/County, " and CLAUS B. COUNTY OF WELD, Serinafter SPERNBERG and LEES. BUBLITZ, hereinafter referred to as "Sternberg and Bublitz. " The purpose of this Agreement is to set forth the closing arrangements between the parties for an exchange of real estate. The City/County are the owners of the real estate shown on "Exhibit A" and agree to convey the same to Sternberg and Bublitz with all easements and rights-of-way appurtenant thereto in its present condition by good and sufficient Quit Claim Deed, with no encumbrances. The City/County authorize the Airport or its attorney to close the transaction on the terms specified herein. Sternberg and Bublitz are the owners of the real estate shown on "Exhibit B" and agree to convey the same to City/County with all easements and rights-of-way appurtenant thereto in its present condition by good and sufficient Quit Claim Deed, with no encumbrances. Both properties shall be subject to building and zoning regulations pertaining thereto and shall be free and clear of all liens and encimr brances. Neither property shall be subject to any leases or tenancies. Both parties have examined the properties (which they are taking) and accept the same in their present condition. Possession is to be transferred concurrently with the transfer of title. The parties agree that the properties that are being exchanged are of equal value and no additional cc npensation is to be paid to either party. General taxes for the year of closing shall not be adjusted or prorated, each party to pay the full year's taxes on the parcel being sold when due in 1987. Title Insurance Commitments have been provided for each of the properties by Transamerica Title Insurance Company in an amount parties accept of $10,000. Thethe the Title Insurance Comm the Commitments and e apportionment of the cost as shown belay. No warranty of title is given or represented by either party. The following adjustments are made and accepted by both parties: TRADE BY THE CITY OF GREELEY/COUN Y OF WELD TO CLAUS B. STERNBERG AND TER S. BUBLITZ, OF PROPERTY DESCRIBED ON "EXHIBIT A": City/County Sternberg & Fred L. Otis Seller Bublitz, Buyers Trust Account Debit Credit Debit Credit Debit Credit Title Insurance Premium 95.00 95.00 Certificate of Taxes Due 5.00 5.00 Recording Quit Claim Deed 6.00 6.00 Documentary Fee .10 .10 No Proration of Taxes SUB TOTALS 95.00 11.10 106.10 Balance Due to Seller 95.00 95.00 Balance Due from Buyer 11.10 11.10 URALS 95.00 95.00 11.10 11.10 106.10 106.10 TRADE BY STERNBERG AND BUBLITZ TO THE CITY OF GREELEY/COUNTY OF WELD OF PROPERTY DESCRIBED ON "EXHIBIT B": City/County Sternberg S Fred L. Otis Buyer Bublitz, Sellers Trust Account Debit Credit Debit Credit Debit Credit I I Title Insurance Premium 95.00 95.00 Certificate of Taxes Due 5.00 5.00 Recording Quit Claim Deed 6.00 6.00 Documentary Fee .10 .10 No Proration of Taxes I � SUB IUTALS 11.10 .00 95.00 .00 j .00 106.10 Balance Due to Seller 95.00 95.00 Balance Due fran Buyer 11.10 11.10 TOTALS 11.10 11.10 95.00 95.00 106.10 106.10 Ct,7 _;' SUMMARY AMOUNT OWED BY STERNBERG & BUBLITZ $106.10 AMOUNT OWED BY CITY/OOUNTY $106.10 AOLLeihJ: THE CITY OF GREELEY, a Municipal THE COUNTY OF WELD, a Body Corporate Corporation and Politic of the State of Colorado Its Itg � CLAUS B. STERNBERG LET S. BUBLITZ A tract of land located in the Wh of the NE4 of the SEA of Section 3, Township 5 North, Range 65 West of the 6th P.M. , being more particularly described as follows: Commencing at the SE Corner of said Section 3 and c8nsidering the East Line of the SEA of said Section 3 to bear N 01 34 ' 53" East, with all other bearings contained herein being relative thereto; thence N 01 34 ' 53" E, 1268. 59 feet to the SE Corner of the NE4 of the gE► of said Section 3; thence S 89 26' 29" West, 658. 51 feet ot the SE Corner of the W1 of the NE4 of the SEA of said Section 3, said Point being the TRUE POINT OF BEGINNING; - Thence S 89 26' 29" West, 658. 51 feet ot the SW Corner of the Wh of the NE4 gf the SE4 of said Section 3; thence N 01 34 ' 39" West 82. 16 feet along the West Line of said W1 of the NE4 of the SE4 to a point on the re-established fence line location; thence S 88 50 ' 40" East, 658. 07 feet along said fence line location to a point 8n the East Line of said W1 of the NE4 of the SEA; thence S 01 34 ' 46" West, 62 . 46 feet to the TRUE POINT OF BEGINNING , Weld County, Colorado. A part of Recorded Exemption No. 0961-3-4-RE532 , recorded March 2 , 1982 in Book 962 as Reception No. 1884439 , being more particularly described as follows: A tract of land located in the SEA of Section 3 , Township 5 North, Range 65 West of the 6th P. M. , being more particularly described as follows: Beginning at the Center of said Section 3 and considerigg the West line of the SEk of said Section 3 to bear North 01 28 ' 01" East and wish all other bearings contained herein relative thereto; thence S 89 36 ' 11" E, 180. 03 feet along the North Line of said SEk; thence S 01° 28 ' 01" W, 346. 49 feet; thence N 88° 31 ' 59" W, 180. 00 feet to the West Line of said SEA; thence N 01° 28 ' 01" E, 343. 13 feet along said West Line to the Point of Beginning, Weld County, Colorado. Ex h 6 . 4 13 P10/ of Survey t Iv I 41 ; h1.•ens/ob/,'s/ied {wnce /ale /etefipn 0. 988' 50' 40"E ,58.07'et kj 1 �i /. OSP 4cr,a �' Car 261 29"k/ 458. 5r { S'k/Con W %2 SECur. W%r NE" / Se '/a ate'/a SE '1/4o ±�; gee. 3, Sit/., Fit 45141 Ske. y T.SN, 14.(�>Sy4/ atb T. Seale: 1". /0Q' Wu P fb.n� of Sey'nMnp N d It (I) • Pin Found ; O Pin Sep' h in i cts Sear. Sec. .!, T. SAL, f7. ss{✓. N LEGAL DESCRIPTION A TRACT OF LAND LOCATED IN THE WEST HALF OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 3, TOWNSHIP 5 NORTH , RANGE 65 WEST OF THE 6th P.M. , WELD COUNTY , COLORADO AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS : COMMENCING AT THE SOUTHEAST CORNER OF SAID SECTION 3 AND CONSIDERING THE EAST LINE OF THE SOUTHEAST QUARTER 0; SAID SECTION 3 TO BEAR NORTH 01° 34 ' 53" EAST, WITH ALL OTHER BEARINGS 'GNTAINED HEREIN I3LING RELATIVE THERETO; ° ;HENCE NORTH 01 34 ' 53" EAST, 1268.59 FEET TO THE SOUTHEAST CORNER OF THE NORTHEAST QUARTER '; THE SOUTHFASd C; TARTER OF SAID SECTION 3 ; THENCE SOUTH 89 2r; ' 29" WEST, 658.51 FEET TO THE SOUTHEAST CORNER OF THE WEST HALF OF THE ;;RIHEA5T QUARTER CF THE SOUTHEAST QUARTER OF SAID SECTION 3,SAID POINT BEING THE TRUE POINT F BEGINNING; THENCE SOUTH 89° 26 ' 29" WEST , 658.51 FEET TO THE SOUTHWEST CORNER OF THE WEST HALF OF THI \JRTHEAST QUARTFAR OF THE SOUTHEAST QUARTER OF SAID SECTION 3; THENCE NORTH 01 34 ' 39" WEST , 82. 16 FEET ALONG THE WEST LINE OF SAID WEST HALF OF THE NORTH- ASF QUARTER OF THE SOUTHEAST QUARTER TO A POINT ON THE RE-ESTABLISHED FENCE LINE LOCATION ; 'HENCE SOUTH 88° SO' 40" EAST, 658.07 FEET ALONG SAID FENCE LINE LOCATION TO A POINT ON THE AST LINE OF SAID WI.SI HALF OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER; :HENCE SOUTH 01 34 ' 46 ' WEST , 62.46 FEET TO THE TRUE POINT OF BEGINNING; i11D TRACT OF LAND CONTAINS 1 .092 ACRES , MORE OR LESS , AND IS SUBJECT TO ANY RIGHTS-OF-WAY iR OTHER EASEMENTS AS GRANTED OR RESERVED BY INSTRUMENTS OF RECORD OR AS NOW EXISTING ON ;AID TRACT OF LANP. SURVEYOR' S CERTIFICATE : DO HEREBY CERTIFY THAT , UNDFR MY PERSONAL SUPERVISION, THIS PLAT AND LEGAL DESCRIPTION ARE PREPARED AND THAT THE CORNER MONUMENTS INDICATED HEREON WERE PROPERLY PLACED DURING AN 1.CTJAL AND ACCURATE SURVEY OF THE LAND COMPLETED ON OCTOBER 14 , 1983. THIS SURVEY DOES NOT :2NSTITUTE A REPORT OR OPINION UPON THE EXISTENCE OF EASEMENTS OR RIGHTS-OF-WAY , WHETHER RECORDED OR UNRECORDED AND IS NOT A REPORT OR OPINION UPON ANY MATTERS OF TITLE. /`, . GERALD B. McRAE , PROIESSIONAL ENGINEER AND townn , m ,. _AND SURVEYOR, COLORADO REG. NO. 6616 ` ''. F.-?'1. �.,,9 y` � :i1 IC;yx,q," 1 r ° 6( a *= 6616la • yi.t a o > _ r,t m^ au,a C XX P/Of of Sur ve ,--gr,r. S, T5',./. i ,or ' S89' 3G' //'E A/orM line SE'/4 Ser. d, T. 5N., R. 45W 0 Qi V wi M pg�c� W /. 425 Acres (/.- . O Q m <4 h � o 0 O c441- to 1 IVNB5.3/' 59' W Scale: 1 ' = 100' 3 74 /60.00' • Pin Found 0 Pin 8pf LEGAL DESCRIPTION A TRACT OF LAND LOCATED IN THE SOUTHEAST QUARTER OF SECTION 3 , TOWNSHIP 5 NORTH , RANGE 65 WEST OF THE 6th P.M. , WELD COUNTY , COLORADJ AND BEING MOPE PARTICULARLY DESCRIBED AS FOLLOWS : BEGINNING AT THE CENTER OF SAID SECTION 3 AND CONSIDERING THE WEST LINE OF THE SOUTHEAST QUARTER OF SAID SECTION 3 TO BEAR NORTH 01° 28' 01" EAST AND WITH ALL OTHER BEARINGS CONTAINED HEREIN RELATIVE THERETO; THENCE SOUTH 84° 6' 11" EAST, 180.03 FEET ALONG THE NORTH LINE OF SAID SOUTHEAST QUARTER ; THENCE SOUTH 011° 28' 01" WEST, 346.49 FEET; THENCE NORTH 88° 31' 59" WEST, 180.00 FEET TO THE WEST LINE OF SAID SOUTHEAST QUARTER; THENCE NORTH 01° 28' 01" EAST, 343. 13 FEET ALONG SAID VEST LINE TO THE POINT OF BEGINNING; SAD TATORIOTHERCEASSEMENTSS CONTAINS OR6RESERVEDMBYE OR LESS INSTRUMENTSDOFSRECORDCT ORTO ASANY NOWR RIGHTS-OF-WAY F EXISTING ON SAID TRACT OF LAND. SURVEYOR' S CERTIFICATE I DO HEREBY CERTIFY THAT , UNDER MY PERSONAL SUPERVISION , THIS PEAT AND LEGAL DESCRIPTION WERE PREPARED AND THAT THE CORNER MONUMENTS INDICATED HEREON WERE PROPERLY PLACED DURING AN ACTUAL AND ACCJRATE SURVEY OF THE LAND COMPLETED ON OCTOBER 11 , 1983. THIS SURVEY DULS NOT CONSTITUTE A REPORT OR OPINION UPON THE EXISTNLCE OF EASEMENTS OR RIGHTS-OF-WAY , WHETHER RECORDED 1R UNRECORDED AND IS NOT A REPORT OR OPINION UPON AN MATTERS Of TITLE . (:; 4• :,-.0. owtio inglii, #// �11J' 6, GERALD B. McRAE , PROFESSIONAL ENGINEER AND a J LAND SURVEYOR , COLORADO REG. NO . 6616 _*! €,_ 1 `s ). V I- X91 i ,g ) -t- h ,„ 3 20.e4 RPv,sec LP id Once-•,o1 on • COMMITMENT FOR TITLE INSURANCE ISSUED BY Transamerica Title Insurance Company AMOUNT PREMIUM r Fred Otis OWNER $ 10 ,000. 00 $ 165 . 00 Suite 300 Greeley National Bank MORTGAGE $ $ Plaza ADDITIONAL CHARGES $ Greeley, CO 80631 COST OF TAX CERTIFICATE $ 5 . 00 SURVEY COSTS $ TOTALS $ Your Reference CC's To: No. 8023385 C2 Sheet 1 of 4 COMMITMENT TO INSURE Transamerica Title Insurance Company, a California corporation, herein called the Company, for a valuable consideration, hereby commits to issue its policy or policies of title insurance, as identified in Schedule A, in favor of the proposed insured named in Schedule A, as owner or mortgagee of the estate or interest covered hereby in the land described or referred to in Schedule A, upon payment of the premiums and charges therefor; all subject to the provisions of Schedules A and B and to the conditions and stipula- tions attached. Customer Contact: TPri/ti f By Margaret A. Stephenson Phone: 352-2283 AUTHORIZED SIGNATURE The effective date of this commitment is November 4 , 19 86 at 7 : 00A. M. At which time fee title was vested in: CLAUS B. STERNBERG and LEE S . BUBLITZ , as tenants in common SCHEDULE A 1. Policies to be issued: (Al Owners': THE CITY OF GREELEY, a Municipal Corporation, as to an undivided . interest; and THE COUNTY OF WELD, a Body Corporate and Politic of the State of Colorado, as to an undivided : interest. (B) mortgagees: 11/ ' Form No.C-142.1 Rev.7-1-81 8023385 C-2 Sheet 2 of 4 SCHEDULE A—Continued 2. Covering the Land in the State of Colorado, County of Described as: A part of Recorded Exemption No. 096.1-3-4-RE532 , recorded March 2 , 1982 in Book 962 as Reception No. 1884439, being more particularly described as follows: A tract of land located in the SE; of Section 3 , Township 5 North, Range 65 West of the 6th P. M. , being more particularly described as follows: Beginning at the Center of said Section 3 and considering the West line of the SE; of said Section 3 to bear North 01° 28 ' 01" East and wish all other bearings contained herein relative thereto; thence S 89 36 ' 11" E, 180. 03 feet along the North Line of said S E' ; thence S 01° 28 ' 01" W, 346. 49 feet; • thence N 88° 31 ' 59" W, 180. 00 feet to the West Line of said SE;; thence N 01° 28 ' 01" E, 343. 13 feet along said West Line to the Point of Beginning. [ :..._ST Form No.c-142.2 • 8023385 C-2 Sheet 3 of 4 SCHEDULE A—Continued REQUIREMENTS 3. The following are the requirements to be complied with prior to the issuance of said policy or policies. Any other instrument recorded subsequent to the date hereof may appear as an exception under Schedule B of the policy to be issued. Unless otherwise noted,all'documents must be recorded in the office of clerk • and recorder of the county in which said property is located. A. Duly certified copy of Resolution of the City Council of the CITY OF GREELEY, a Municipal Corporation authorizing the acquisition of subject property. B. Duly certified copy of Resolution of the Board of County Commissioners of the COUNTY OF WELD, a Body Politic and Corporate, authorizing the acquisition of subject property. C. Deed from CLAUSE B. STERNBERG and LEE S . BUBLITZ to THE CITY OF GREELEY, a Municipal Corporation and THE COUNTY OF WELD, a Body Corporate and Politic of the State of Colorado • Form No.C-142.3 8023385 C-2 Sheet 4 of 4 SCHEDULE B THE POLICY OR POLICIES TO BE ISSUED HEREUNDER WILL NOT INSURE AGAINST: 1. Rights or claims of parties in possession not shown by the public records. 2. Easements, or claims of easements, not shown by the public records. 3. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, and any facts which a correct survey and inspection of the premises would disclose and which are not shown by the public records. 4. Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, im- posed by law and not shown by the public records. 5. Taxes due and payable; and any tax, special assessments, charge or lien imposed for water or sewer service, or for any other special taxing district. 6. Right of the proprietor of a vein or lode to extract and remove his ore therfrom, should the same be found to penetrate or intersect said lands , as contained in the Patent to Joel E. Davis, recorded January 13, 1896 in Book 57 at Page 395. 7. A right of way for ditches or canals constructed by the authority of the United States, as reserved in the Patent to Joel E. Davis, recorded January 13, 1896 in Book 57 at Page 395 . NOTE: The following notices pursuant to CRS 9-1. 5-103 concerning underground facilities have been filed with the Clerk and Recorder. These statements are general and do not nece- sarily give notie of undergroung facilities within the subject property. (a) Mountain Bell Telephone Company, recorede October 1 , 1981 in Book 949 as Reception No. 1870705. (b) Western Sloe Gas Company, recorded March 9 , 1983 in Book 990 as Reception No. 1919757. (c) Colorado Interstate Gas Company recorded August 31 , 1984 in Book 1041 as Reception No. 1979784 . (d) Associated Natural Gas , Inc. , recorded April 23 , 1986 in Book 1110 as Reception No. 2050953. Form No.C-142.4 Rev.4-18-75 STATE OF Cr"1RADO • . • CERTIF TE OF TAXES DUE /- S.S. COUNTY OF WELD • I, the undersigned, County Treasurer in and for said County,do hereby certify that there are no unpaid taxes,or unredeemed tax sales, as appears of record in the office,on the following described property,to-wit: TR N0. PARCEL 062778 627,8 1 202 t...B PTS 14 3 5 65 LYING N OF COLO HWY 263 NAME 096.103000006 000 BEG NW COR ;}E4SE 4 THENCE N89D26 ' F 658.51 ' E'T'FRN:uFF:(, CLAUS 8 & B(.iLL I i)1 34 ' W 663.20 ' i'180D03 ' W 800 ' Nu :(3' 4 F 940,88 ' ' VENDOR `��'��?�} ' �' ,� .._5•.r ,y-} r r�r r ��.)..�:}..t O. - _RICA TITLE 299G 1EC EXEMPT RE-532 ( ,44R ) 8 3 .22. S )3 4 W 420..22 TO oi:c; I OT -i'y 8023 385% C-2 EXCEPT- 0985 TAXES — $1i0,24 • TOTAL ••Mflt IN r DUE FOR THIS PARCEL ••- $0,00 This does not include land or improvements assessed separately or special District assessments unless specifically requested. NOVEMBER 10, 1986 1985 TAXEE PAID •- $; 10 ::;;r. FRANCIS M. LOUSTALET TREASURE.OF WELD COUNTY / feo` Transamerica Title Insurance Company Arapaho-Douglas Larimer 2000 West Littleton Boulevard 151 West Mountain Avenue Littleton,Colorado 80120 Fort Collins,Colorado 80521 (303)795-4000 (303)493-6464 • 4 Denver-Adams Mesa 1800 Lawrence Street 531 Rood Avenue Denver.Colorado 80202 Grand Junction.Colorado 81501 (303)291-4800 (303)234-8234 Boulder Pitkin 1317 Spruce Street 601 East Hopkins Street Boulder,Colorado 80302 Aspen,Colorado 81611 [303)443-7160 • (303)925-1766 • • • Eagle Pueblo 0020 Eagle Road 627 North Main Street Eagle-Vail,Colorado 81658 Pueblo.Colorado 81003 (303)949-5613 (303)543-0451 El Paso Routt-Jackson 418 South Weber Street 507 Lincoln Street.Box 773568 Colorado Springs,Colorado 80903 Steamboat Springs,Colorado 80477 (303)834-3731 (303)879-1611 Jefferson Weld 1675 Carr Street 918 Tenth Street Lakewood.Colorado 80215 Greeley,Colorado 80631 (303)231-2800 (303)352-2283 Transamerica Title Services CONDITIONS AND STIPULATIONS Please read carefully This is a Commitment to issue one or more policies of title insurance in our Standard Form when the requirements set forth in the Commitment have been satisfied. The policy is available and should be examined before this Commitment is used if there is any question about coverage. 2. Only the policies shown are committed to. If there are any changes in the transaction, order an amendment from us. 3. The date on this Commitment is important. Nothing after that date has been considered by us. • 4. This Commitment is good for 6 months only. Extensions should be ordered from us if they are needed. • % ; Transamerica Title Insurance Company Arapaho•Douglas Lades 2000 West Littleton Boulevard 151 West Mountain Avenue Linleton Colorado 80120 Fort Collins.Colorado 80521 (303)795-4000 (303)493-6484 Denver-Adams Mesa 1800 Lawrence Street 531 Rood Avenue Denver.Colorado 80202 Grand Junction.Colorado 81501 (303)291-4800 (303)234.8234 Boulder Plain 1317 Spruce Street 601 East Hopkins Street Boulder Colorado 80302 Aspen.Colorado 81611 (303)443-7160 (303)925.1766 • Eagle Pueblo 0020 Eagle Road 627 North Main Street Eagle-Vail.Colorado 81658 Pueblo.Colorado 81003 (303)949-5613 (303)543-0451 El Paso Roun-Jackson 418 South Weber Street 507 Lincoln Street.Box 773568 Colorado Springs.Colorado 80903 Steamboat Springs.Colorado 80477 1303)634-3731 (303)879-1611 • Jefferson Weld 1675 Carr Street 918 Tenth Street Lakewood.Colorado 80215 Greeley.Colorado 80631 (303)231-2800 (303)352.2283 Transamerica Title Services CONDITIONS AND STIPULATIONS Please read carefully 1. This is a Commitment to issue one or more policies of title insurance in our Standard Form when the requirements set forth in the Commitment have been satisfied. The policy is available and should be examined before this Commitment is used if there is any question about coverage. 2. Only the policies shown are committed to. If there are any changes in the transaction, order an amendment from us. 3. The date on this Commitment is important. Nothing after that date has been considered by us. 4. This Commitment is good for 6 months only. Extensions should be ordered from us if they are needed. • COMMITMENT FOR TITLE INSURANCE ISSUED BY Transamerica Title Insurance Company AMOUNT PREMIUM i"red Otis OWNER $ 10, 000 . 00 $ 165 . 00 Suite 300, Greeley National MORTGAGE $ $ Bank Plaza ADDITIONAL CHARGES $ Greeley, Colorado 80631 COST OF TAX CERTIFICATE $ 5 . 00 L -1 SURVEY COSTS $ TOTALS $ Your Reference CC's To: No. 8023386 C-2 Sheet 1 of4_ COMMITMENT TO INSURE Transamerica Title Insurance Company, a California corporation, herein called the Company, for a valuable consideration, hereby commits to issue its policy or policies of title insurance, as identified in Schedule A, in favor of the proposed insured named in Schedule A, as owner or mortgagee of the estate or interest covered hereby in the land described or referred to in Schedule A, upon payment of the premiums and charges therefor; all subject to the provisions of Schedules A and B and to the conditions and stipula- tions attached. Customer Contact: Teri/tlf By Margaret A. Stephenson Phone: 352-2283 AUTHORIZED SIGNATURE The effective date of this commitment is November 4 , 1986 at7 : 00 A M. At which time fee title was vested in: THE CITY OF GREELEY, a Municipal Corporation as to an undivided 1/2 interest; and THE COUNTY OF WELD, a Body Corporate and Politic of the State of Colorado, as to an undivided 1 interest SCHEDULE A 1. Policies to be issued: (A) Owners': CLAUS B. STERNBERG and LEE S. BUBLITZ (B) Mortgagee's: • cr/ Form No.C-1421 Rev.:-t-81 8023386 C-2 Sheet 2 of 4 SCHEDULE A—Continued 2. Covering the Land in the State of Colorado, County of Described as: A tract of land located in the W1/2 of the NE; of the SE≤ of Section 3 , Township 5 North, Range 65 West of .the 6th P.M. , being more particularly described as follows: Commencing at the SE Corner of said Section 3 and cgnsidering the East Line of the SE; of said Section 3 to bear N 01 34 ' 53" East, with all oter bearings contained herein being relative thereto; thence N 01 34 ' 53" E, 1268. 59 feet to the SE Corner of the NEi of the GE; of said Section 3; thence S 89 26 ' 29" West, 658. 51 feet ot the SE Corner of the W1 of the NE≤ of the SE≤ of said Section 3, said Point being the TRUE POINT OF BEGINNING; Thence S 89 26' 29" West, 658. 51 feet ot the SW Corner of the W1 of the NEQ gf the SEi of said Section 3; thence N 01 34 ' 39" West 82 . 16 feet along the West Line of said W1 of the NE; of the SE; to a point on the re-established fence line location; thence S 88 50 ' 40" East, 658. 07 feet along said fence line location to a point en the East Line of said W1 of the NE; of the SEe; thence S 01 34 ' 46" West, 62 . 46 feet to the TRUE POINT OF BEGINNING. � Ir Form No.C-142.2 8023386 C-2 Sheet 3 of 4 SCHEDULE A—Continued REQUIREMENTS 3. The following are the requirements to be complied with prior to the issuance of said policy or policies. Any other instrument recorded subsequent to the date hereof may appear as an exception under Schedule B of the policy to be issued. Unless otherwise noted,all documents must be recorded in the office of clerk and recorder of the county in which said property is located. A. Duly certified copy of Resolution of the City Council of the CITY OF GREELEY, a municipal corporation authorizing the sale of subject property. B . Duly certified copy of Resolution of the Board of County Commissioners of the COUNTY OF WELD a body politic and corporate, authorizing the sale of subject property. C. Deed from THE CITY OF GREELEY, a Municipal Corporation and THE COUNTY OF WELD, a Body Corporate and Politic of the State of Colorado to CLAUS B. STERNBERG and LEE S. BUBLITZ Form No.C-142.3 • 8023386 C-2 Sheet 4 of 4 SCHEDULE B THE POLICY OR POLICIES TO BE ISSUED HEREUNDER WILL NOT INSURE AGAINST: 1. Rights or claims of parties in possession not shown by the public records. 2. Easements, or claims of easements, not shown by the public records. 3. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, and any facts which a correct survey and inspection of the premises would disclose and which are not shown by the public records. 4. Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, im- posed by law and not shown by the public records. 5. Taxes due and payable; and any tax, special assessments,charge or lien imposed for water or sewer service, or for any other special taxing district. 6. Reservations of (1) right of proprietor of any penetrating vein or lode to extract his ore; and (2) right of way for any ditches or canals costructed by authority of United States, in U.S . Patent recorded December 26 , 1894 in Book 57 as Page 350. NOTE: The following notices pursuant to CRS 9-1. 5-103 concerning underground facilities have been filed with the Clerk and Recorder. These statements are general and do not neces- sarily give notice of underground facilities within the subject property. (a) Mountain Bell Telephone Company, recorded October 1, 1981 in Book 949 as Reception No. 1870705. (b), Western Slope Gas Company, recorded March 9, 1983 in Book 990 as Reception No. 1919757. (c) Colorado Interstate Gas Company recorded August 31 , 1984 in Book 1041 as Reception No. 1979784 . (d) Associated Natural Gas, Inc. , recorded April 23 , 1986 in Book 1110 as Reception No. 2050953. Farm No. C-U2., Rev.4-IS-15 - STATE OF CO' '9AD0 CERTIFI 'E OF TAXES DUE S. & COUNTY OF WELD I, the undersigned, County Treasurer in and for said County,do hereby certify that there are no unpaid taxes,or u edeemed tax sales, as appears of record in the office, on the following described property, to-wit: TR NO. PARCEL I iJlii'1N 4 NAME 0961 'i 000341 0 lu ii I 1.111.1i4T f l:RFl I I::.Y- Ci _ VENDOR NO. EXCEPT*1925 H I 111 liti { DUI:. r-111 4 INI .EA.. .... - $0 ,00 This does not include land or improvements assessed separately or special District assessments unless specifically requested. • j JII;rl: NDIIIR 12 . i986 "I-1 i.:", nl lia_ a F"i:jl •:_':: I:.;;' , FRANCIS M. LOUSTALET TREASU ER OF WELD COUNTY i "C11/ BY • /., �`/' GS i .r SHADE, DOYLE, KLEIN, OTIS & FREY ATTORNEYS AT LAW SUITE 300 RICHARD N.DOYLE GREELEY NATIONAL BANK PLAZA GREELEY TELEPHONE HENRY C.FREY GREELEY. COLORADO 80631 (303) 353-6700 ROGER A.KLEIN FRED L.OTIS DENVER METRO TELEPHONE WILLIAM E.SHADE (303)659-7576 November 13, 1986 Members of the City Council City of Greeley 919 7th Street Greeley, CO 80631 Weld County Commissioners 915 10th Street Greeley, CO 80631 Dear City Council and Weld County Connissioners: I am writing this letter on behalf of the Greeley-Weld County Airport Authority. The Authority has been working on a trade of land with Claus B. Sternberg and Lee S. Bublitz for over two years. The land the Authority wants to sell to Messrs. Sternberg and Bublitz is a 1.092-acre tract against which there have been sane adverse possession claims by Messrs. Sternberg and Bublitz and their predecessors in title. The land that the Authority wants to receive in exchange for this contested parcel is a 1.425-acre tract in a location where the Airport needs a retention pond. The details of the trade between the Airport and Messrs. Sternberg and Bublitz were all worked out when it was determined that the land that the Authority wants to convey is actually owned by the City of Greeley and Weld County. Accordingly, the Deeds will need to be exchanged between the same entities. I believe you will find the enclosed materials self-explanatory. I have enclosed the proposed Deeds for signature by the City and County together with a plat to show you what parcels are being conveyed and Title Insurance Commitments reflecting the status of title. In order to complete this transaction, the Authority needs the following: 1. Execution and return to me of the enclosed Quit Claim Deeds. 861156 Greeley City Council Weld County Commissioners November 13, 1986 Page 2 2. Duly certified copy of Resolution of the City Council of the City of Greeley, a Municinal Corporation, authorizing the sale of the subject property. 3. Duly certified copy of Resolution of the Board of County Commissioners of the County of Weld, a Body Corporate and Politic authorizing the sale of subject property. 4. A Resolution by the City Council authorizing the purchase of the property being traded from Messrs. Sternberg and Bublitz. 5. Resolution by the County Commissioners authorizing the purchase of the property being traded by Messrs. Sternberg and Bublitz to the Airport Authority. 6. Execution of the Closing Agreement for Trade of Real Estate by both the City and County. The closing will be scheduled with Messrs. Sternberg and Bublitz as soon as the above documents have been ec umpleted by the City and County. Your early attention to this matter could be appreciated. Sincerely, Fred L. Otis Attorney at Law FL0:rah Enclosures cc: Greeley-Weld County Airport Authority, Attention: Fred Jaeger cc: Sam Sasaki cc: City Attorney mac: County Attorney cc: Lee S. Bublitz and Claus B. Sternberg fi � a MARY ANN FEUERSTEIN r:, OFFICE OF WELD COUNTY CLERK AND RECORDER 1' DEPARTMENT OF CLERK TO BOARD 11111C295 PHONE 13031 356-4000 EXT7C203 P.O.P,O. BOX 459 GREELEY, COLORADO 80631 COLORADO _ STATE OF COLORADO ) COUNTY OF WELD RE: Resolution entitled - Approve Conveyance of County' s Interest in Certain Airport Property and Authorize Chairman to Sign Appropriate Documents I, Mary Ann Feuerstein, County Clerk and Fx-Officio Clerk of the Board of County Commissioners in State of Colorado, do hereby certify that the above oand yforegoin of g Resolution is truly copied from the records of the proceedings of the Board of County Commissioners of said Weld County, now in my office. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said County, at Greeley, Colorado, this 11th day of December, A.D. , 1986. COUNTY LEP: Y: -c e l/n putt' County Cl SEAL Hello