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HomeMy WebLinkAboutMINUTES-05/15/2018-RegularMay 15, 2018 COUNCIL OF THE CITY OF FORT COLLINS, COLORADO Council -Manager Form of Government Regular Meeting — 6:00 PM • ROLL CALL PRESENT: Martinez, Stephens, Summers, Overbeck, Cunniff, Horak ABSENT: Troxell Staff Present: Atteberry, Daggett, Coldiron • AGENDA REVIEW: CITY MANAGER City Manager Atteberry stated Item No. 7, Items Relating to the Downtown Development Authority Line of Credit Finance for 2019-2024, has an amended Resolution and the staff report related to the I-25 Business Alliance will be moved to the July meeting. Staff will give an update on the Urban Renewal Authority. Eric Sutherland withdrew Item Nos. 2, Second Reading of Ordinance No. 059, 2018, Appropriating Prior Year Reserves for the Purpose of Providing Natural Areas Programming Not Included in the 2018 Adopted City Budget and Authorizing the Transfer of Appropriations from the Natural Areas Fund into the Capital Project Fund for the Whitewater Park Project, 4, Second Reading of Ordinance No. 061, 2018, Repealing and Reenacting Division 4 in Article IV of Chapter 2 of the Code of the City of Fort Collins Pertaining to the Fort Collins Urban Renewal Authority to Address Recent Changes in Colorado's Urban Renewal Law and Confirming the Appointment of Andy Smith to the Authority's Board of Commissioners, and 7, Items Relating to the Downtown Development Authority Line of Credit Finance for 2019-2024, from the Consent Agenda. • CITIZEN PARTICIPATION Eric Sutherland opposed the current development review process from the perspective of citizens. He stated the development review citizen liaison is ineffective. Kathryn Dubiel opposed the approval and planning process of the Spirit at the River PDP. Colleen Hoffman discussed an apartment project, approved as an expansion of an existing complex, and stated it does not meet the Land Use Code on its own merit. Adam Lovell discussed recent tragedies in the Gaza Strip and encouraged the City to support the Palestinian people. He stated Vector Disease Control International needs to be held accountable in its spraying and encouraged the City to ban neonicotinoids. Kevin Cross urged Council to support the amicus brief in the COGCC v. Martinez case. Jesse Bierman expressed concern about the opioid crisis. Ted Walkup thanked Councilmember Overbeck for requesting Council's support of the amicus -brief in the COGCC v. Martinez case. He stated oil and gas operations have a detrimental effect on children's physical and mental development. City of Fort Collins Page 254 May 15, 2018 Hannah Samuel discussed the opioid crisis and its impact on Colorado and Fort Collins. Elizabeth Hudetz, Fort Collins Sustainability Group, urged Council to support the amicus brief in the COGCC v. Martinez case. Logan Schmitt discussed the opioid crisis and stated he has witnessed kids doing drugs at local skate parks. He requested the City have more supervision at parks. Necee (no last name given) expressed concern about the state of our livable future. Jeremy Mack expressed concern about the decline of flying insects. Kaitlyn Young discussed medicinal benefits of plants often sprayed as weeds. Gayla Martinez urged Council to support the amicus brief in the COGCC v. Martinez case. Tim Gosser, 350 Northern Colorado, thanked Councilmember Overbeck for his support of the COGCC v. Martinez amicus brief and urged Council to support the brief. John Anderson discussed sustainability and stated the planet is in worse shape now than it was in the 1970's. Fred Kirsch discussed Fort Collins' solar efforts and stated citizens must continue voicing opinions and concerns. Nicholas Mouton stated a contractor has been hired to spray herbicides in the, LaFamilia garden. He stated herbicides should be banned in the city. Thomas Edwards stated his numbers and the City's numbers on bicycle ridership do not match and there are significant numbers of cyclists breaking traffic laws. • CITIZEN PARTICIPATION FOLLOW-UP Mayor Pro Tem Horak summarized the citizen comments. Councilmember Cunniff stated he would like to conduct an insect inventory in Fort Collins and requested information as to the herbicides and pesticides used at'City parks and buildings. He thanked the students who spoke and requested staff follow-up with a report on substance use at City parks. Councilmember Martinez requested staff follow up regarding Mr. Mouton's comments. He thanked the students who spoke regarding the opioid crisis. Councilmember Summers thanked the students who spoke regarding the opioid crisis. Councilmember Stephens thanked the students who spoke regarding the opioid crisis. Councilmember Cunniff discussed the importance of drug take-back.days and requested additional information regarding Mr. Kirsh's comments. City of Fort Collins Page 255 May 15, 2018 Mayor Pro Tern Horak stated he believes citizens would be outraged if renewable energy sources were placed in Natural Areas. • CONSENT CALENDAR Councilmember Cunniff made a motion, seconded by Councilmember Overbeck, to adopt and approve all items not withdrawn from the Consent Agenda. RESULT: CONSENT CALENDAR ADOPTED [UNANIMOUS] MOVER: Ross Cunniff, District 5 SECONDER: Bob Overbeck, District 1 AYES: Martinez, Stephens, Summers, Overbeck, Cunniff, Horak ABSENT: Troxell Consideration and Approval of the Minutes of the April 17, 2018 Regular Council Meeting and the April 24, 2018 Adjourned Council Meeting. (Adopted) The purpose of this item is to approve the minutes from the April 17, 2018 Regular Council Meeting and the April 24, 2018 Adjourned Council Meeting. 2. Second Reading of Ordinance No. 060, 2018, Appropriating Unanticipated Grant Revenue in the Transportation Fund from the Colorado Department of Transportation and the BNSF Railway Foundation for the Safe Routes to School Program. (Adopted) This Ordinance, adopted on First Reading on May 1, 2018, appropriates $25,584 in unbudgeted funds received through two grants for the Safe Routes to School (SPITS) program (part of the City's FC Moves Department). The Colorado Department of Transportation (CDOT) has awarded an $18,584 grant for acquisition of new equipment, and BNSF Railway Foundation has awarded a $7,000 grant for SPITS bike -pedestrian safety education in K-8 schools. This project requires a 20% local match for the CDOT grant ($4,646), which will be paid from a portion of the BNSF Railway Foundation grant. On Second Reading, the reference to "BNSF Railroad Foundation" has been changed to "BNSF Railway Foundation." 3. Second Reading of Ordinance No. 064, 2018 Authorizing the Conveyance of Various Property Interests on City -Owned Property at Pelican Marsh Natural Area to Pedcor Investments LLC. (Adopted) This Ordinance, unanimously adopted on First Reading on May 1, 2018, authorizes the conveyance of one non-exclusive permanent drainage easement, one non-exclusive permanent slope easement and two temporary construction easements on Pelican Marsh Natural Area (Pelican Marsh) to Pedcor Investments LLC. (Pedcor). 4. Second Reading of Ordinance No. 065, 2018, Authorizing the Conveyance to the Colorado Department of Transportation of Various Property Interests on City -Owned Property at Arapaho Bend Natural Area. (Adopted) This Ordinance, adopted on First Reading on May 1, 2018, authorizes the conveyance of two permanent right-of-way easements, one temporary construction easement, and a triangle strip of land on Arapaho Bend Natural Area to the Colorado Department of Transportation (CDOT). .City of Fort Coffins Page 256 May 15, 2018 5. First Reading of Ordinance No. 067, 2018, Approving the Waiver of Certain Fees for the Oakridge Crossing Affordable Housing Project. (Adopted) The purpose of this item is to present an affordable housing fee waiver request for Oakridge Crossing and if granted, authorizing a refund of waived fees already paid. Oakridge Crossing, LLLP has requested that certain development and capital improvement expansion fees be waived for qualifying units at Oakridge Crossing, an affordable senior community. In March 2013, City Council limited the types of projects for which fee waivers may be requested and made these waivers discretionary. Eligible projects are those constructed for homeless or disabled persons, or for households whose income falls at or below 30% of the area median income of all City residents. Oakridge Crossing LLLP is requesting fee waivers in the amount of $90,923 for the 13 qualifying units at Oakridge Crossing. Council Finance Committee supports this request and suggested using funds from the Affordable Housing Capital Fund in the Community Capital Improvement Program fund for the refund. 6. First Reading of Ordinance No. 068, 2018, Designating the McMillan -Patterson Property, 121 North Grant Avenue, Fort Collins, Colorado, as a Fort Collins Landmark Pursuant to Chapter 14 of the Code of the City of Fort Collins. (Adopted) This item is to consider the request for landmark designation for the McMillen -Patterson Property, 121 North Grant Avenue, an excellent example of an Eastlake -style home from the late 1880s. 7. First Reading of Ordinance No. 063, 2018, Making Various Amendments to the City of Fort Collins Land Use Code. (Adopted) 91 The purpose of this item is to adopt a variety of revisions, clarifications and additions to the Land Use Code that are generally housekeeping and routine in nature that have been identified since the last update in May 2017. The purpose of this item is to provide a Resolution of support for the Fix North 1-25 Business Alliance's efforts to seek timely improvements to the 1-25 Corridor in Northern Colorado. This item supports Council Priority for 1-25 funding; Strategic Plan Objectives: Transportation 6.1, 6.4; and Council legislative priority re: 1-25 funding. 9. Resolution 2018-048 Authorizing the Assignment of the City's Private Activity Bond Allocation for 2018 to the Colorado Housing and Finance Authority and Housing Catalyst to Finance the Rehabilitation or Construction of Affordable Housing Units. (Adopted) The purpose of this item is to support two local affordable housing projects by assigning the City's 2018 Private Activity Bond allocation. 10. Resolution 2018-049 Approving Fort Fund Grant Disbursements. (Adopted) The purpose of this item is to approve Fort Fund grants' from the Cultural Development and Programming and Tourism Programming Accounts for the selected community and tourism events, based upon the recommendations of the Cultural Resources Board. 11. Resolution 2018-050 Making Appointments to the Affordable Housing Board, Golf Board, Parks and Recreation Board and Youth Advisory Board of the City of Fort Collins. (Adopted) The purpose of this item is to appoint Rachel Auldridge to fill a vacancy on the Affordable Housing Board due to the resignation of Eloise Emery. Appoint Bob Pawlikowski to the Golf Board due to the . resignation of Ashley Gruber. Appoint Robert Kingsbury to the Parks and Recreation Board due to the resignation of Kenneth Layton. Appoint Sam Hammock, Suhaas Narayanan; and Kaustubh Kaushik City of Fort Collins Page 257 May 15, 2018 to the Youth Advisory Board due to resignations from Roshini Narayanan and Betsy Pruznick and term expiration of Nela Mohan. In December 2017, Councilmembers Bob Overbeck and Ken Summers interviewed applicants for the Affordable Housing Board; Councilmembers Ken Summers and Kristin Stephen interviewed applicants for the Parks and Recreation Board from a pool of candidates solicited during.the fall of 2017. Recommendations for appointments were made and several applicants were identified for any future vacancies. On May 9, 2018 Councilmembers Ray Martinez and Bob Overbeck conducted interviews for the Golf Board and the Youth Advisory Board from applications received during the first quarter of 2018. • END CONSENT • CONSENT CALENDAR FOLLOW-UP Councilmember Cunniff requested follow up on how the City plans to ensure the apartments stay dedicated for the use of individuals at 30% AMI or lower. • STAFF REPORTS Deputy City Manager Mihelich stated recent development review process enhancements will increase efficiencies and improve customer service, but not at the expense of losing quality design standards. Staff is committed to making the new process predictable, consistent, friendly, and fair. Specific changes will include electronic plan review, hiring new development review coordinators to be liaisons for customers, providing accurate fee estimates at the concept phase, and providing real time tracking of cases from start to finish. Councilmember Cunniff stated he has heard concerns development review fees are being used as a general fund "slush fund". He also stated accuracy needs to be part of the new process and asked where the idea of overhauling the Land Use Code originated. Mihelich replied that has come from community stakeholders and City Plan feedback. He stated that overhaul will be written as a BFO offer. Councilmember Cunniff asked if neighborhood stakeholders have expressed the opinion that the Land Use Code needs to be changed. Mihelich replied a stakeholder committee, including neighborhood residents, would be formed as part of the process if Council provides direction to move forward. City Manager Atteberry agreed with Councilmember Cunnif 's statements. Councilmember Martinez asked what happens with extra development review funds. , City Manager Atteberry replied he would prefer to address that before the Council Finance Committee but noted there is clear accounting for all funds. • URBAN RENEWAL AUTHORITY UPDATE (JOSH BIRKS) Josh Birks, Economic Health Director, discussed how urban renewal aligns with the City's vision, mission, and values. He stated the Urban Renewal Authority Board is expanding as a result of statute changes made in 2015. The new Board will consist of the existing Councilmembers, Steve Johnson, Larimer County Commissioner, Christophe Febvre, Poudre School District Board City of Fort Collins Page 258 May 15, 2018 President, Joe Weiss, Poudre River Public Library District Board member, and Andy Smith, who was a Mayoral appointment. Birks discussed the training received by the new Board. Councilmember Cunniff thanked the newly appointed members for their service. • COUNCILMEMBER REPORTS Councilmember Overbeck reported on the Safe Routes to School event at Lesher and the Metropolitan Planning Organization meeting. Councilmember Martinez reported on Teacher and Nurse Appreciation Week and showed slides of the National Tourism Breakfast at CSU, the FoCo Space Out event, the Outreach Fort Collins community appreciation event during which an employee who has worked at the library for 45 years was recognized. Mayor Pro Tern Horak reported on his presentation to the Latimer County Commissioners on the proposed American Furniture Warehouse sign. The company submitted for a slightly smaller sign and the Commissioners did not approve a moving message sign., i • CONSIDERATION OF COUNCIL -PULLED CONSENT ITEMS • DISCUSSION ITEMS 12.. Resolution 2018-051 Amending the West Nile Virus Management Policy and Providing Direction to the City Manager Regarding Implementation of the Policy. (Adopted) The purpose of this item is to adopt enhancements to the West Nile Virus Management Program. Staff is presenting three options for Council consideration; the first two options would update the West Nile Virus (WNV) Management Policy, and the final option maintains the status quo. The program changes being offered propose changes to the program response guidelines (operational practices) as they relate to the vector index requirement and human case requirement threshold. Mike Calhoun, Director of Parks, stated the City's policy regarding West Nile is to reduce the risk of human West Nile Virus impacts while limiting -adverse human health and environmental impacts of operations. He discussed the City's process addressing West Nile and mosquito spraying and stated staff was asked to review the adult mosquito control thresholds during its annual continual improvement assessment. He stated the staff recommendation decreases the vector index to 0.5 from 0.75 and removes the human case consideration. Calhoun discussed the vector index, which is a mathematical calculation that expresses the virus activity in the mosquito population. He stated the goal is to spray prior to the peak in infection rates. Calhoun discussed an alternative proposal which would leave the vector index at 0.75 but still remove the human case consideration, or Council could opt to leave the vector index at 0.75 and leave the human case consideration intact. Terry Francl stated his property abuts the Fossil Creek wetlands and supported adoption of the staff -recommended Resolution. City of Fort Collins Page 259 May 15, 2018 Adam Lovell supported adoption of the staff -recommended Resolution but requested signage be posted during spraying and encouraged staff to look into organic spraying alternatives. Eric Levine noted the City's main treatment is larvaciding rather than adulticiding. He supported the City's monitoring program and supported leaving the vector index as is. John Ruehrig supported adoption of the staff -recommended Resolution to lower the vector index and eliminate the human case consideration. Dr. Chet Moore discussed the relationship between the vector index and human cases and stated there will be human cases in subsequent weeks when the vector is 0.5 or above. (Secretary's Note: The Council took a brief recess at this point in the meeting.) Councilmember Summers made a motion, seconded by Councilmember Martinez, to adopt Resolution 2018-051, Option 1. Councilmember Cunniff stated one of the components of West Nile infection rates is the response of individuals to the presence of mosquitos. He asked if spraying too much, or without significant effect, could negatively impact West Nile infection rates. Calhoun replied staff is very thoughtful and deliberate about public outreach efforts and will improve those efforts based on annual examination. Councilmember Cunniff asked how wetlands such as Fossil Creek are addressed. Calhoun replied more resources going toward larvaciding could increase the effectiveness of the wetland portion of the program. . Councilmember Cunniff requested staff address the recommendations of the technical advisory committee. Matt Parker, Natural Areas Crew Chief, replied there are divergent viewpoints on the technical advisory committee that are not going to take a stance that would lead to more frequent applications. Councilmember Summers asked how robust the discussions at boards and commissions were. Parker replied the three boards have historically had input on this issue and they received a detailed presentation. Councilmember Summers discussed the City's goal for West Nile and stated it does not address eliminating risk. He supported the staff recommendation and stated there is no information as to what type of exposure to spraying it would take to create a negative impact. Mayor Pro Tern Horak discussed the logic used while spraying. He questioned why a significant drop in cases does not exist 3 weeks after spraying. Councilmember Summers stated there is not a direct nexus between numbers of West Nile cases in a theoretical model; however, the -policy staff is proposing reduces the risk of infection. Councilmember Cunniff supported providing more notification at the parking lots of Natural Areas and parks. He did not support of going to the 0.5 vector index and zero human cases threshold as the risk may be increased if spraying occurs more often. He stated there is not a firm chain of causality established between adulticiding and reducing the risk of human cases. He is not City of Fort Collins Page 260 May 15, 2018 0 convinced changing the policy in both the vector index and human case consideration will make the most difference in reducing risk. Mayor Pro Tern Horak asked how additional spraying would be funded if the vector index is changed to 0.5. Calhoun stated the County has two staff members that assist on the technical advisory committee; however, they do not fund the larvaciding program. The vote on the motion was as follows: Yeas: Martinez and Summers. Nays: Cunniff, Horak, Stephens and Overbeck. THE MOTION FAILED. Councilmember Summers made a motion, seconded by Councilmember Martinez, to adopt Resolution 2018-051, Option 2. Mayor Pro Tern Horak stated he will support the motion and stated he would like to see the County provide additional funding. Councilmember Summers stated it is important to understand the County has incurred the cost of spraying inside City limits when it is their decision to spray. Councilmember Stephens stated she would support the motion as she does not feel secure enough in the data to ensure that lowering the vector index is the right way to go. Councilmember Overbeck stated he would support the motion,and suggested the CDC and USDA collaborate to look at monitoring of West Nile in rural -areas. Councilmember Cunniff stated he would not support the motion because the community has yet to reach a consensus on the topic. RESULT: RESOLUTION 2018-051, OPTION 2, ADOPTED [5 TO 11 MOVER: Ken Summers, District 3 SECONDER: Ray Martinez, District 2 AYES: Martinez, Stephens, Summers, Overbeck, Horak NAYS: Cunniff ABSENT: Troxell 13. Place. The purpose of this item is to consider a resolution authorizing the execution of a funding agreement between the City of Fort Collins and Fort Collins Housing Authority (doing business as Housing Catalyst) for a loan of funds from the Affordable Housing Capital Fund (specific fund within the Community Capital Improvement Program) for the construction of Mason Place, a permanent supportive housing development. The funding amount requested is $876,662, to assist with the remaining funding gap prior to application for Low Income Housing Tax Credits which, along with mortgage debt, will provide the majority of the funding needed for the project. The proposed agreement will be subject to future appropriation by the City Council. Jackie Kozak -Thiel, Chief Sustainability Director, stated this item is the first request to use this fund for a direct subsidy, specifically to provide support for a permanent supportive housing City of Fort Collins Page 261 May 15, 2018 development by Housing Catalyst. She noted Council received a recommendation from Homeward 2020 in support of the request. Beth Sowder, Social Sustainability Director, stated this item would authorize the execution of a funding agreement with Housing Catalyst. This would be a loan from the affordable. housing capital fund for the construction of Mason Place, a permanent supportive housing development. The loan will allow the funding gap to be filled prior to the project applying for low-income tax credits. Sowder discussed the ways in which this proposal meets the City's goals and objectives. Mason Place will be similar to Redtail Ponds in both programming and design. The loan will be provided over a 3-year period and is conditioned upon Housing Catalyst receiving the 2018 low- income tax credit award. Staff and the Affordable Housing Board are recommending approval of this item. David Bye, Housing.Catalyst Board Chair, thanked the City for its support of affordable housing and noted Redtail Ponds is an award -winning project. Julie Brewen, Housing Catalyst Executive Director, discussed the importance, of permanent supportive housing and thanked Council for its thoughtful consideration. Councilmember Cunniff discussed the process for this item and stated a memo to the Council Finance Committee should occur in the future. He discussed the importance of the project in the community. - Councilmember Stephens asked about the Community Development Block Grant (CDBG) funding of the project. Sowder replied there were five applications, two of which were 100% funded and two of which, including this project, were partially funded. Councilmember Martinez asked if this project provides housing only for individuals with disabilities. Ms. Brewen replied the HUD funding requires each resident to have a disability; however, that definition is quite broad. Councilmember Stephens made a motion, seconded by. Councilmember Overbeck, to adopt Resolution 2018-052. Councilmember Martinez expressed appreciation for this project. Councilmember Stephens commended the Redtail Ponds project and stated she will be happy to support this project. Mayor Pro Tem Horak and Councilmember Cunniff expressed support for the project. RESULT: RESOLUTION 2018-052 ADOPTED [UNANIMOUS] MOVER: Kristin Stephens, District 4 SECONDER: Bob Overbeck, District 1 AYES: Martinez, Stephens, Summers, Overbeck, Cunniff, Horak ABSENT: Troxell City of Fort Collins Page 262 May 15, 2018 • CONSIDERATION OF CITIZEN -PULLED CONSENT ITEMS 14. Second Reading of Ordinance No. 059, 2018, Appropriating Prior Purpose of Providina Natural Areas Proarammina Not Included in Capital Project Fund for the Whitewater Park Project. (Adopted on Second This Ordinance, unanimously adopted on First Reading on May 1, 2018, appropriates $10,000,000 in prior year reserves and unanticipated revenues in the Natural Areas Fund and to include a transfer of $273,812 to the Capital Projects Fund for the Whitewater Park project. These appropriations are for land conservation, restoration of wildlife habitat, a transfer of prior year reserves and commitments to fund restoration of the Poudre River at the Whitewater Park, as well as other Natural Area Department programs to benefit the citizens of Fort Collins. Eric Sutherland stated one of the most heavily used trails in the city is in need of significant maintenance. He stated trail maintenance should be prioritized over land acquisition. He opposed the fact no specific parcel or parcels is identified for acquisition. John Stokes, Natural Areas Director, stated every mile of trails is analyzed annually and the section shown by Mr. Sutherland is characterized as being in poor condition; however, some users are not opposed to its condition. The Foothills Management Plan will be updated beginning this year and public outreach about all Foothills trails will occur. Additionally, there is planned maintenance on a portion of that trail this summer. Councilmember Summers asked if there is a budget plan for trail maintenance. Stokes replied in the affirmative and stated this appropriation Will not affect that fund. Councilmember Martinez made a motion, seconded by Councilmember Cunniff, to adopt Ordinance No. 059, 2018, on Second Reading. RESULT: ORDINANCE' NO. 059, 2018, ADOPTED ON SECOND READING [UNANIMOUS] MOVER: Ray Martinez, District 2 SECONDER: Ross Cunniff, District 5 AYES: Martinez, Stephens, Summers, Overbeck, Cunniff, Horak ABSENT: Troxell 15. of Appointment of Andy Smith to the Authority's Board of Commissioners. (Adopted on Second Reading) This Ordinance, unanimously adopted on First Reading on May 1, 2018, amends City Code (Code) to provide for an expanded Urban Renewal Authority (URA) Board following the requirements of state law associated with the creation of a new Urban Renewal Plan Area. More particularly, this item amends the Code to provide for an expanded URA Board that includes a county appointment, school district appointment, an appointment from among the special districts, and to restore the board to an odd number, a mayoral appointment. Additionally, the Code will be amended to clarify that the county, school district and special district appointees are not subject to the City's conflict of interest provisions, but are subject to the conflict of interest provisions that govern URAs as per state law. Eric Sutherland stated his lawsuit against the School District has been a tragedy for the community and stated Council and School Board members know nothing about the issue. The URA City of Fort Collins Page 263 May 15, 2018 appointments have never been made by the Mayor,.per Code, until this appointment and discussed what he called a "mythical" trigger mechanism for enlarging the URA Board. Councilmember Martinez requested City Attorney input regarding Mr. Sutherland's comments. City Attorney Daggett replied she disagrees with Mr. Sutherland's interpretation and the language is clear in that there are specific triggering mechanisms, including adoption of a new plan or amendment of a plan, for enlarging the URA Board. Councilmember Martinez asked if the Board needed to be appointed by the Mayor. City Attorney Daggett replied the Code language will be changing as a new process is being adopted. She stated Council is properly on the URA Board due to the City's practices; however, this Ordinance will provide new language and a new process. Councilmember' Cunniff made a motion, seconded by Councilmember Overbeck, to adopt Ordinance No. 061, 2018, on Second Reading. RESULT: ORDINANCE NO. 061, 2018, ADOPTED ON SECOND READING [UNANIMOUS] MOVER: Ross Cunniff, District 5 SECONDER: Bob Overbeck, District 1 AYES: Martinez, Stephens, Summers, Overbeck, Cunniff, Horak ABSENT: Troxell 16. Items Relating to the Downtown Development Authority Line of Credit Finance for 2019-2024. (Adopted on First Reading) A. Resolution 2018-046 Approving an Intergovernmental Agreement Between the City of Fort Collins and the Fort Collins Downtown Development Authority Governing the Use of a Line of Credit. B. First Reading of Ordinance No. 066, 2018, Authorizing the Establishment of a Revolving Line of Credit to be Paid Solely with Downtown Development Authority Tax Increment Funds for a Six - Year Period in the Amount of up to Five Million Dollars Per Draw to Finance Downtown Development Authority Projects and Programs in Accordance with the Downtown Development Authority Plan of Development and Approving Related Documents. The purpose of this item is to renew the current Line of Credit (LOC) established in 2012 by the City on behalf of the Downtown Development Authority (DDA); which is scheduled to expire at the end of 2018. The City and DDA began taking steps earlier this year to renew this debt instrument with First National Bank for another six -year term, as it will be needed by the DDA to execute its projects and programs beginning in budget year 2019. The Board of Directors of the Downtown Development Authority believes it would be financially beneficial for the DDA and the community as a whole to renew the Line of Credit with First National Bank for a six -year period through adoption of Ordinance No. 066, 2018. The Line of Credit will be used to finance DDA projects and programs. Adoption of Resolution 2018-046 will approve the Second Intergovernmental Agreement (IGA), which provides the process steps by which the City and DDA engage the LOC. Matt Robenault, Downtown Development Authority Executive Director, stated this item requests a renewal of a line of credit with First National Bank. The line of credit is used to satisfy the statutory requirements for expenditure of tax increment and to generate proceeds to fund DDA projects and programs. It is anticipated the line of credit will be used to fund $36 million in projects during its 6-year term. City of Fort Collins Page 264 May 15, 2018 Eric Sutherland stated the line of credit may satisfy statutory requirements but questioned whether it satisfies constitutional proscriptions. Councilmember Martinez asked if there are any constitutional issues with this item. City Attorney Daggett replied Mr. Sutherland's constitutional issues relate to the use of TIF and how it relates to school district funding. She stated this item does comply with the statute and it is appropriate to use this DDA revenue stream. Councilmember Cunniff made a motion, seconded by Councilmember Overbeck, to adopt Resolution 2018-046. Councilmember Cunniff thanked the Finance staff for its memo regarding the procurement and its relation to the City's bid process. RESULT: RESOLUTION 2018-046ADOPTED [UNANIMOUS] MOVER: Ross Cunniff, District 5 SECONDER: Bob Overbeck, District 1 AYES: Martinez, Stephens, Summers, Overbeck, Cunniff, Horak .. ABSENT: Troxell Councilmember Cunniff made a motion, seconded by Councilmember Martinez, to adopt Ordinance No. 066, 2018, on First Reading. Councilmember Martinez noted it is important for the public to hear both Mr. Sutherland's arguments as well as the City Attorney's perspective. RESULT: ORDINANCE NO. 066, 2018, ADOPTED ON FIRST READING [UNANIMOUS] MOVER: Ross Cunniff, District 5 SECONDER: Ray Martinez, District 2 AYES: Martinez, Stephens, Summers, Overbeck, Cunniff, Horak ABSENT: Troxell • OTHER BUSINESS Councilmember Cunniff made a motion, seconded by Councilmember Overbeck, that this meeting be adjourned to 6 PM, Tuesday, May 22"d, 2018, for the purpose of considering a possible motion to direct whether the City will join in the amicus brief prepared by a group of local government entities in the Colorado Oil and Gas Conservation Commission versus Martinez case, and for such other business as may come before the Council. RESULT: ADOPTED [UNANIMOUS] MOVER: Ross Cunniff, District 5 SECONDER: Bob Overbeck, District 1 AYES: Martinez, Stephens, Summers, Overbeck, Cunniff, Horak ABSENT: Troxell City of Fort Collins Page 265 May 15, 2018 • ADJOURNMENT The meeting adjourned at 9:42 PM. Mayor PVTem ATTEST: CSE4L ity rk City of Fort Collins Page 266