File #: ID-220-24    Version: 1 Name:
Type: Informational Report Status: Agenda Ready
File created: 7/9/2024 In control: City Council
On agenda: 7/16/2024 Final action:
Title: MOTION TO RECESS TO EXECUTIVE SESSION PURSUANT TO C.R.S. SEC. 24-6-402(4)(a),(e) AND CHARTER SECTION 5.4(C)(1),(2) FOR NEGOTIATIONS RELATED TO REAL PROPERTY ACQUISITION AND SALE
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City Attorney’s Office

Reference:                      Executive Session

To:                                                               Mayor Gregory Mills and Members of City Council

Through:                                          Michael Martinez, City Manager

Prepared By:                                          Alicia Calderón, City Attorney

Date Prepared:                     July 9, 2024

PURPOSE

To discuss in executive session matters involving the possible purchase of real property 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 further negotiations and provide direction to negotiators. Premature disclosure of such consideration may give an unfair or bargaining advantage.

The City will also consider the purchase of property and water rights, and any premature discussion would create an unfair advantage or disadvantage. These discussions will determine positions relative to issues subject to negotiation or develop strategy for negotiations.

OPTIONS FOR COUNCIL CONSIDERATION

 

City Council may make a 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) for negotiations and to discuss real property acquisitions or sales.

 

ATTACHMENTS

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