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Report of a special meeting that was held in the Office
of the Weld County Commissioners on April 4, 1970.
Purpose : To discuss the business transaction for the purchase
of the vacant land immediately south of the Weld County Court
House and commonly known as the Sterling Building and the Kenny
Building. This property is jointly owned by Mr. and Mrs . Robert
Gilbert.
Present : Mr. Robert Gilbert, seller of the property, Mr. Samuel
Telep, Weld County Attorney and the Board of County Commissioners,
Mr. Glenn K. Billings, Chairman, Mr. Harold W. Anderson and Mr.
Marshall H. Anderson.
Mr. Telep stated that there was no condemnation being
considered at this point and that a purchase price and the
stipulation of this transaction had been agreed on. That it now
appears all were ready to enter into a contract.
Mr. Billings reported that a special meeting of the County
Advisory Committee had been called to discuss this purchase and
that they had recommended that Weld County should purchase this
property for 340,000 dollars for the benefit of all the residents
of the county to provide for the expansion of County Government
present and future. Appraisal figures prepared by Mr. Harold A.
Jungblood, Suite 1000, Savings Building, Oak and House Street,
Fort Collins, Colorado and. dated March 3, 1970 is on file in the
office of the County Commissioners. This figure is 340,000 dollars.
Mr. Gilbert stated that he had received written communi-
cation from a firm that the removal of the debris and the back
fill of the hole could be done for 5, 500 dollars. It was agreed
by the Commissioners that this shall not be reflected in the
purchase price, but shall become an obligation of the county.
Mr. Gilbert gave the figure of 400,000 dollars as the
asking price for the property, but after having discussions with
the Commissioners had agreed to take 340,000 dollars in cash.
Motion: That the County Attorney prepare the appropriate
resolution to authorize the Weld County Commissioners to enter
into such an agreement to buy this property from Mr. and Mrs .
Robert Gilbert for 340,000 dollars under terms that will be
mutually agreeable to both parties .
Motion was second and carried;
Approved / -1 i'tc A fl=,l/ Y
Glenn K. Billings, Chairman
Board of County Commissioners
Weld County, Colorado
Dated: April 4, 1970
Recorded: (for complete
transcript refer to tape)
700457
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