Legislation Details

File #: ID-183-24    Version: 1 Name:
Type: Informational Report Status: Agenda Ready
File created: 5/29/2024 In control: City Council
On agenda: 6/4/2024 Final action:
Title: Motion for Executive Session for Negotiations for the Sale and/or Acquisition of Real Property

City Attorney’s Office

Reference:                      Executive Session

To:                                                               Mayor Gregory Mills and Members of City Council

Through:                                          Michael P. Martinez, City Manager

Prepared By:                                          Alicia Calderón, City Attorney

Date Prepared:                     May 29, 2024

PURPOSE

To discuss in executive session matters involving the possible purchase and sale of real property, involving two separate properties. 

 

BACKGROUND

 

An individual has approached the City about acquiring a small portion of a property owned by the City, and the City Council needs to consider whether to sell the real property. Premature disclosure of such consideration may give the individual an unfair or bargaining advantage. The City may also consider the purchase of property for use as a public facility and any premature discussion would create an unfair advantage or disadvantage. These discussions may also determine positions relative to issues subject to negotiation or develop strategy for negotiations.

OPTIONS FOR COUNCIL CONSIDERATION

 

City Council may motion, with the affirmative vote of two-thirds of the quorum present, to recess for an executive session pursuant to C.R.S. § 24-6-402(4)(a) and (e) and Charter Section 5.4(C)(1) and (2) to receive legal advice.

 

ATTACHMENTS

None