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Council accepts quitclaim deed for municipal courthouse and approves dissolution of Littleton Municipal Building Authority
Summary
The council unanimously accepted a quitclaim deed conveying the Littleton Municipal Courthouse back to the city from the Littleton Municipal Building Authority (LMBA) and consented to dissolve the LMBA after the final payment on prior certificates of participation was made in December 2024.
City Attorney Atwood explained the background for the Littleton Municipal Building Authority, which was formed in 1976 to assist the city with financing infrastructure projects. The LMBA used certificates of participation in 1999 to finance courthouse renovations, transferred the courthouse deed at that time, and later refinanced in 2011. Council heard that the final payment related to that financing was made in December 2024.
The LMBA had already executed and delivered a quitclaim deed returning ownership of the Littleton Municipal Courthouse to the city. The resolution before council authorized acceptance of that deed and consented to the LMBA’s dissolution; the authority’s members (many former council members) had requested dissolution to avoid continued administrative meetings.
Councilmember moved and seconded the motion to approve Resolution O‑9‑2025 authorizing acceptance of the quitclaim deed and allowing dissolution of the LMBA; the motion passed 5‑0. City Attorney Atwood said the form of certificates of participation still exists as a financing tool but that modern practice no longer requires a separate municipal building authority as an intermediary.
Ending: The city will record the conveyed deed and the LMBA will file articles of dissolution; the council expressed appreciation for the long service of volunteers who served on the LMBA.
