Title
RESOLUTION APPROVING AN AGREEMENT FOR THE EXCHANGE OF REAL PROPERTY
Body
Summary and Background Information:
The resolution authorizes the approval of an agreement for an exchange of property. The construction of East 83rd Avenue in the DIA Tech Center development will create small disconnections of property between two property owners, the City of Commerce City and DIA Tech Center. These entities agree that it is in their best interest to swap these small portions of property in order to incorporate them into their respective larger parcels. The City will be giving DIA Tech Center 2,823 square feet of land and in exchange receive approximately 10,663 square feet of land from DIA Tech Center. This will allow East 83rd to be built without repeatedly crossing property lines and creating small disconnected islands of property.
Staff Responsible (Department Head): Chris Cramer, Community Development Director
Staff Member Presenting: Jenny Axmacher, City Planner
Financial Impact: N/A
Funding Source: N/A
Staff Recommendation:
Approval
Suggested Motion:
I move to approve Resolution 2017-99