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File #: 22-0293    Version: 1
Type: Bill Status: Passed
File created: 3/8/2022 In control: Finance & Governance Committee
On agenda: 4/4/2022 Final action: 4/4/2022
Title: A bill for an ordinance authorizing the City and County of Denver to convey to SID, LLC the City's interest in a parcel of real estate located at 2942-2944 Welton Street. Approves the execution and recordation of a Quit Claim Deed conveying title to approximately 150 square feet of real property to SID, LLC in connection with a certain project development dedication located at 2942-2944 Welton Street in Council District 9. The last regularly scheduled Council meeting within the 30-day review period is on 4-18-22. The Committee approved filing this item at its meeting on 3-15-22.
Indexes: Zach Rothmier
Attachments: 1. BR22 0293 DOF 2942 Welton St - Conveyance to Owner, 2. 22-0293 Filed Bill_ConveyPropertytoSID,LLC_2942-2944WeltonSt, 3. 22-0293_QCD_SID LLC_2942-2944 WeltonSt, 4. 22-0293 Filed Bill_ConveyPropertytoSID, LLC, 5. 22-0293 - signed, 6. 22-0293 For an ordinance authorizing the City and County of Denver to convey to SID,
Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted: 3/7/22

Requesting Agency: Finance
Division: Real Estate

Subject Matter Expert Name: Lisa Lumley
Email Address: lisa.lumley@denvergov.org
Phone Number:

Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney's Office should enter the title above the description (the title should be in bold font).

Both the title and description must be entered between the red "title" and "body" below. Do not at any time delete the red "title" or "body" markers from this template.
title
A bill for an ordinance authorizing the City and County of Denver to convey to SID, LLC the City's interest in a parcel of real estate located at 2942-2944 Welton Street.
Approves the execution and recordation of a Quit Claim Deed conveying title to approximately 150 square feet of real property to SID, LLC in connection with a certain project development dedication located at 2942-2944 Welton Street in Council District 9. The last regularly scheduled Council meeting within the 30-day review period is on 4-18-22. The Committee approved filing this item at its meeting on 3-15-22.
body

Affected Council District(s) or citywide? District 9

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.

As part of the development process, fee title via a Quit Claim Deed was inadvertently conveyed to the city by SID, LLC, in connection with a required dedication. SID, LLC drafted their own Quit Claim Deed and recorded it outside of the process. The City does not accept Quit Claim Deed when acquiring land. By this resolution, the city will convey fee title via a Quit Claim Deed to the property back to SID, LLC, which will in turn convey the...

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