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HomeMy WebLinkAbout950937.tiffRESOLUTION RE: APPROVE AGREEMENT FOR SALE AND PURCHASE OF VACANT LAND FOR RIGHTS -OF -WAY AND/OR EASEMENTS WITH EQUUS FARMS, INC. AND AUTHORIZE CHAIRMAN TO SIGN - BRIDGE #50/67A 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, the Board has been presented with an Agreement for Sale and Purchase of Vacant Land for Rights -of -Way and/or Easements for the Bridge #50/67A project between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Public Works Department, and Equus Farms, Inc., with terms and conditions being as stated in said agreement, and WHEREAS, after review, the Board deems it advisable to approve said agreement, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Agreement for Sale and Purchase of Vacant Land for Rights -of -Way and/or Easements for the Bridge #50/67A project between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Public Works Department, and Equus Farms, Inc., be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 1st day of May, A.D., 1995. BOARD OF COUNTY COMMISSIONERS ATTEST: Weld Count BY. Deputy Clerk the Board APP' . I ED AS TO FORM: County y LD COUNTY, COL RA Dale K. Hall, Chairman FXfLISFn fATF OF SIfNINf; (AYF) Barbara). Kirkmeyer, Pro-Tem eorge E. after Fxrd ISFn Constance L. Harbert 1 t ( W. H.Webster n 950937 EG0034 AR24372b1 AGREEMENT FOR SALE AND PURCHASE OF VACANT LAND FOR RIGHTS -OF -WAY AND OR EASEMENTS THIS AGREEMENT, made and entered this / day of 1,/Y/ , 192-5 by and between Weld County, Colorado, by and through the Board of County Commissioners of the County of Weld, Colorado, hereinafter referred to as "County" and Equus Farms, Inc. whose address is 555 17th St., #2400, Denver, CO 80202, hereinafter referred to as "Owner." WHEREAS, "County" wishes to purchase from "Owner" certain lands described below for the purpose of providing the "County" with a rights -of -way, and/or easement. Any rights -of -way described in this agreement will be referred to as "rights -of -way" and any easement will be referred to as "temporary or permanent easement." WHEREAS, "Owner" wishes to sell to "County" the rights -of -way and/or easement(s) for the consideration mentioned below. WITNESSETH: That in consideration of the payment by "County" to "Owner" of the sum of one thousand dollars and 00/100 cents ($ 1000.00), in cash, and other valuable consideration, "Owner" agrees to sell to "County" and "County" agrees to purchase from "Owner" the rights -of -way and/or easement(s) described as follows: The rights -of -way and or easements as described in the attached exhibit (s) "A". This Agreement is subject to the following conditions: 1. "Owner" shall furnish to "County" a Quit Claim Deed conveying rights -of way as described in the attached exhibit "A" for bridge 50/67A replacement project. Title insurance need not be provided by "Owner". 2. The date of the exchange of the properties described in this Agreement shall be the date of the delivery of the Deeds. Possession of the properties shall be delivered to the "County" upon closing and shall not be subject to any leases or tenancies. The hour and place of the closing shall be set by mutual agreement of the parties 3. General taxes for the year 1995 shall be apportioned to the date of delivery of the Deed based on the most recent levy and the most recent assessments. 4. This Agreement embodies all agreements between the parties hereto and there are no promises, terms, conditions, or obligations referring to the subject matter whereof other than as contained herein. 5. This Agreement shall be deemed a contract extending to and binding upon the parties 2437261 B-1491 P-7 05/08/95 02:43P PG 1 OF 3 Weld County CO Clerk & Recorder REC DOC 0.00 950937 hereto, and upon their representative heirs, devisers, executors, administrators, legal representatives, successors and assign, only when the same has been approved by the Board of County Commissioners of the County of Weld, on behalf of Weld County, Colorado. 6. Other conditions, terms or obligations: a. The existing railroad crossing for Weld County Rd 50 will abandoned and upon such abandonment, the right-of-way for said crossing will revert and be conveyed by the "County" to the "Owner" . St IN WITNESS HEREOF, the parties hereto have subscribed their names this day of f q t 119 95. ATTEST: Clerk to BY: W lc.i P / Y (,c V Qfi Deputy (' Clerk WELD COUNTY COLORADO, BY AND THROUGH THE BOARD OF COUNTY COMMISSIONERS Chairman THE FOLLOWING SECTION TO BE COMPLETED BY "OWNER" "Owner" acts the above proposal this i day of I) Euuus F WITNESS J. Robetovell Vice President / Wayne Howard Weld County Public Works Dept. 2437261 B-1491 P-7 05/08/95 02:43P PG 2 OF 3 oc/O//9,5 ,199x_ 950937 EXHIBIT "A" Parcel 1 Part of the NE 1/4 of Section 3, T.4N., R.63 W. of the sixth Principal Meridian. Considering the north line of Section 3 to bear N. 89 41' 28" E. and with all other bearings contained herein relative thereto : Beginning on the North line of the Union Pacific Railroad right of way from which the N 1/4 Corner of Section 3, T. 4 N., R. 63 W. of the sixth principal meridian bears N. 68°46' 19" W. a distance of 1,961.63 feet. 1. Thence S. 39° 35' 56" W. a distance of 250.0 feet to the northerly line of Weld County Road 380; 2. Thence S. 50° 06' 53" E. along the northerly line of Weld County Road 380 a distance of 100.0 feet; 3. Thence N. 39° 35' 56" E. a distance of 250.0 feet to the northerly right of way line of the Union Pacific Railroad; 4. Thence N. 50° 06' 53" W. along said railroad right of way a distance of 100.0 feet, more or less, to the point of beginning. The above described parcel contains 0.574 acres, more or less. k R G, is °• 13184 o *: w PHD Ir. rF ') F r.O'O NOTICE: According to Colorado law you must commence any legal action based upon any defect in this survey within three years after you first discover such defect. In no event may any action based upon any defect in this survey be commenced more than ten years from the date of the certification shown hereon. 2437261 B-1491 P-7 05/08/95 02:43P PG 3 OF 3 950937 Hello