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Home My WebLink AboutCOUNCIL - AGENDA ITEM - 08/21/2001 - FIRST READING OF ORDINANCE NO. 125, 2001, AUTHORIZ AGENDA ITEM SUMMARY ITEM NUMBER: 18 FORT COLLINS CITY COUNCIL DATE: August 21, 2001 STAFF: Craig Foreman SUBJECT: First Reading of Ordinance No. 125, 2001, Authorizing the Sale of 1.032 Acres of Westfield Park to Pool of Dreams, Ltd. and Appropriating the Proceeds of Such Sale as Unanticipated Revenue in the Neighborhood Parkland Fund. RECOMMENDATION: Staff recommends the adoption of the Ordinance on First Reading. FINANCIAL IMPACT: The sale will provide $120,000 for neighborhood parks. i r i EXECUTIVE SUMMARY: The City purchased 14.61 acres of land in 1981 for Westfield Neighborhood Park. The amount of land needed for the park was estimated at that time to be about 10 to 12 acres. The landowner would only sell 14.61 acres for $166,700. At the time of park development in 1997/98, the actual amount of land needed to serve the residential area around the park was determined to be 11 acres. The park currently has 11 developed acres and complies with park acreage i requirements in the 1996 Parks and Recreation Policy Plan. A one-time fee on new housing funds new park acquisition and development. A group of neighbors, organized as Pool of Dreams, approached the City in 1999 about 1 acquiring a portion of the unused parkland at Westfield Park for a neighborhood pool. Residents in the area would use the pool. The pool would not be open to the general public. The development, operation and maintenance of the pool will be the responsibility of Pool of Dreams. DATE: August 21, 2001 2 ITEM NUMBER: 18 The City was interested in the proposal and, by coincidence, had already started discussion of the sale of the unused parkland at Westfield Park. The pool would be compatible with the Park and provides an additional recreational facility that cannot be provided by the City at this location. Negotiations for the sale of the site to Pool of Dreams started in early 1999. When a purchase price couldn't be reached on the 1.032 acre site, both parties agreed to have the property appraised. The appraisal was completed in August of 2000 and the value of the property was appraised at $120,000. Additional negotiations took place, and in December, staff sent a letter of intent to Pool of Dreams, agreeing to hold the site at the appraised value of $120,000 until October 1, 2001, pending Council consideration of the proposed sale. Staff is recommending that Council approve this Ordinance, authorizing the sale of this property and appropriating the $120,000 from the sale to the Neighborhood Parkland Fund. ORDINANCE NO. 125, 2001 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE SALE OF 1.032 ACRES OF WESTFIELD PARK TO POOL OF DREAMS, LTD. AND APPROPRIATING THE PROCEEDS OF SUCH SALE AS UNANTICIPATED REVENUE IN THE NEIGHBORHOOD PARKLAND FUND WHEREAS,in 1981 the City acquired 14.61 acres of land for the amount of$166,700,with the intention of using 10 to 12 acres of the land as the location for Westfield Neighborhood Park; and WHEREAS,when Westfield Neighborhood Park(the"Park")was developed in 1997-1998, the actual acreage used to develop the Park was 11 acres, with an area of 1.032 acres, more particularly described on Exhibit"A",attached hereto and incorporated herein by this reference(the "Property"), remaining undeveloped and unused for park purposes; and WHEREAS, in 1999,a group of neighbors of the Park approached the City with a proposal to acquire the Property for use as a neighborhood pool that would not be open to the general public; and WHEREAS,the use of the Property as a pool would be compatible with the Park and would provide additional recreational facilities in the City; and WHEREAS,based upon an appraisal of the Property by a qualified appraiser,City staff has determined that the fair market value of the Property is $120,000; and WHEREAS, Pool of Dreams, Ltd. has agreed to pay to the City the amount of$120,000 in exchange for the conveyance of the Property; and WHEREAS, Section 23-111 of the City Code provides that the City Council is authorized to sell, convey or otherwise dispose of real property owned by the City, provided the Council first finds by ordinance that any sale or disposition of real property owned by the City will be for the benefit of the City's citizens, and will be in the best interests of the City; and WHEREAS,Article V, Section 9,of the Charter of the City of Fort Collins permits the City Council to make supplemental appropriations by ordinance at any time during the fiscal year, provided that the total amount of such supplemental appropriations,in combination with all previous appropriations for that fiscal year,does not exceed the then current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS,it is the desire of the Council to authorize the sale of 1.032 acres of land of the Park and to appropriate the$120,000 from the sale of the land in the Neighborhood Parkland Fund. NOW,THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the conveyance of the Property to Pool of Dreams,Ltd.,as described herein, will be for the benefit of the residents of the City and is in the best interests of the City. Section 2. That the Mayor is hereby authorized to execute such documents of conveyance or commitment as are necessary to convey the Property to Pool of Dreams,Ltd.,consistent with the terms and conditions described above. Section 3. That there is hereby appropriated for expenditure from unanticipated revenue in the Neighborhood Parkland Fund the sum of ONE HUNDRED AND TWENTY THOUSAND DOLLARS ($120,000) for neighborhood parkland fund purposes. Introduced, considered favorably on first reading, and ordered published this 21st day of August, A.D. 2001, and to be presented for final passage on the 4th day of September, A.D. 2001. Mayor ATTEST: City Clerk Passed and adopted on final reading this 4th day of September, A.D. 2001. Mayor ATTEST: City Clerk EXFIIBIT "A" DLr,4CRIPI7ON -FOOL AREA A tract of land located in the Nodbead Quarter of Section 34,Township 7 North,Range 69 West of the 6th Principal Meridian, City of Fort Collins, County of Lerkmet, State of Colorado, being more particularly described as follows, Considering llw Was line of the Northeast Quarter of Section 34 as bearing North 00001105" West and with all beatings contained btsoin relative thereto_ Commencing at the Center Quarter comer of Section 34; thence along said West litre, North OOOOIV50 Weal, 741.56 fxt to a point an the South line of WestSeld Driw, said point being on a curve concave to the Northwest having a cearral angle of 18"13'15", a radius of 430.00 feat and the chord of which bears North 80°52'17"East, 136.11 fee;thence Wong said South lane by the fcilow ng ilia(5) courses sad distmees,and along the arc of said curve 136.75 feet;thence, North 71 04540"East, 156.61 feet to a point on a curve concave to the Southeast having a central aogic of 07'00'41",a radius of 570.00 feet and the chord of which bears North 75"16101" Bast, 69.71 feet; thence along the arc of said cave 69.75 beet to the POINT OF BEGINNING, said point also being on a curve concave to the Southeast having a central angle of 16013'39", a, radius of 570.00 feet and the chard of which bears North 86*5311" East, 160.90 feet;the= along the are of told curve 161A4 loct; thence, South W00'00" East, 140.71 feet; thence departing said line, South 04°4G57" West, 75.00 feat to a point on a curve concave to the East having a central angle of 05°58'54", a radius of 719.00 feet and the chord of which bears South 02'00'33" West, 73.03 feet; thence along the we of said curve 75.06 fort; thence, North 85°01'43" West,207.40 fee;tbence,South 77"41'44" West, 95.70 feet,thence,North 03"O0'09" Etst, 155.98 feet to the POINT OF BEGINNING. 'Fho above described property contains 1.032 acres more or less and is subject to all easoments and rights-of-ways now on record or endstiog. 9690011g.wpd 5/16101 RAN POOL OF DREAMS AT MSTEIELD NEIGHBORHOOD PARK Horsetooth Road Y Q) y� Y � U a M b Westfield Park Cn v F v rn Harmony Road DETAIL Westfield Drive Pool of Dreams Lot Y n Cd U Westfield Park (Developed Portion) 00 Johnson Elementary School