HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 01/16/2001 - ITEMS RELATING TO AN INTERGOVERNMENTAL AGREEMENT W AGENDA ITEM SUMMARY ITEM NUMBER: 9 A-B
DATE: January 16, 2001
FORT COLLINS CITY COUNCIL FROM:
Tom Shoemaker
SUBJECT:
Items Relating to an Intergovernmental Agreement with Larimer County Regarding the Fossil
Creek Area Regional Open Space Properties.
RECOMMENDATION:
Staff recommends adoption of the Ordinances on Second Reading.
EXECUTIVE SUMMARY:
A. Second Reading of Ordinance No. 3, 2001, Authorizing an Intergovernmental Agreement
with Latimer County Regarding Fossil Creek Reservoir Area Regional Open Space
Properties, and Authorizing the Conveyance of an Interest in Certain of Those Properties
to Larimer County.
B. Second Reading of Ordinance No. 4, 2001, Appropriating Unanticipated Revenue in the
Open Lands Fund for Partial Reimbursement Toward the Purchase Price of Fossil Creek
Area Parcels E, F, and G.
Staff from both entities developed the IGA to address the purchase, ownership and management
of all seven of the parcels within the Fossil Creek Area Regional Open Space. The
intergovernmental agreement provides for the transfer of ownership between the entities such
that both entities will have a 50% undivided interest in all of the parcels. Larimer County will
pay $2,276,950 to the City of Fort Collins to balance the cost between the two entities.
Ordinance No. 3 and Ordinance No. 4, 2001, were unanimously adopted on First Reading on
January 2, 2001.
ITEM NUMBER: 21 A-
AGENDA ITEM SUMMARY B
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FORT COLLINS CITY COUNCIL DATE: January 2, 2001
STAFF: Tom Shoemaker
SUBJECT:
Items Relating to an Intergovernmental Agreement with Latimer County Regarding the Fossil
Creek Area Regional Open Space Properties.
RECOMMENDATION:
Staff recommends adoption o e Ordi Uce pstadin
FINANCIAL IMPACT:
These actions will provide for the payment of$2,276,950 to the City of Fort Collins by Larimer
County.
COPY
EXECUTIVE SUMMARY:
A. First Reading of Ordinance No. 3, 2001, Authorizing an Intergovernmental Agreement
with Larimer CountyCRearding Fossil Creek Reservoir Area Regional Open Space
Properties, and Authonve n o in re Certain of Those Properties
to Larimer County.
B. First Reading of Ordinance No. , 001, ppropril Unanticipated Revenue in the
Open Lands Fund for Partial Reimbursement Toward the Purchase Price of Fossil Creek
Area Parcels E, F, and G.
The City of Fort Collins has been working with Larimer County since 1994 to preserve
significant areas of open land between Fort Collins and Loveland and specifically to preserve the
area around Fossil Creek Reservoir. The Fossil Creek Reservoir Area Plan completed in 1998
defined a resource management area surrounding the reservoir that is to be protected through a
combination of land purchases, implementation of a transferable development rights program
and other measures. The current status on the purchase of the seven parcels shown on the
attached map is as follows: Larimer County has already acquired Parcels A and B, anticipates
DATE: January 2, 2001 2 ITEM NUMBER: 21 A-B
acquiring Parcel C by dedication through the County's transferable development rights program,
and anticipates purchasing Parcel D. The City has signed contracts for the purchase of Parcels E,
F and G.
Staff from both entities developed the IGA to address the purchase, ownership and management
of all seven of the parcels within the Fossil Creek Area Regional Open Space. The
intergovernmental agreement provides for the transfer of ownership between the entities such
that both entities will have a 50% undivided interest in all of the parcels. Latimer County will
pay $2,276,950 to the City of Fort Collins to balance the cost between the two entities. The
attached spreadsheet shows the cost of each parcel, and how they are each being split. Larimer
County agrees to restore the v ' 'o , ub improvements, manage and
operate the properties in a rdanc ith t pr ed sil Creek Reservoir Resource
Management Plan". The ty of C n will be sponsible for constructing and
maintaining a paved regional tr g h of Co Road 32.
Attachments:
1. Map of Fossil Creek Reservoir Open Land Status
2. Fossil Creek Reservoir Area Regional Open Space Land Acquisitions
3. Intergovernmental Agreement