HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 11/21/2000 - SECOND READING OF ORDINANCE NO. 164, 2000, AUTHORI AGENDA ITEM SUMMARY ITEM NUMBER: 13
DATE: November 21, 2000
FORT COLLINS CITY COUNCIL
FROM: Steve Comstock
SUBJECT:
Second Reading of Ordinance No. 164, 2000, Authorizing the City of Fort Collins to Enter into
an Option Agreement to Sell Forty Acres of the Meadow Springs Ranch Property to the United
States Fish and Wildlife Service for its Black-Footed Ferret Breeding Facility.
RECOMMENDATION:
Staff recommends adoption of the Ordinance on Second Reading.
EXECUTIVE SUMMARY:
In the spring of 1998, the City was approached by the United States Fish and Wildlife Service
about possibly relocating the Black Footed Ferret Breeding Facility from Wyoming to Colorado
and siting it on the City's Meadow Springs Ranch. In July of 1998, the City Council adopted
Resolution 98-112 supporting this move and authorizing staff to proceed with negotiations for
not more than 35 acres. The Fish and Wildlife Service have chosen a site on the east side of I-25
one mile north of the Buckeye exit and has offered to pay the City $1 for a four-month option to
purchase the site. Under the purchase agreement that the City and the Fish and Wildlife Service
will enter into for this transaction, the Fish and Wildlife Service will also be granted a right of
first refusal to purchase any of the City's land within one-half mile of the property being
purchased for the breeding facility. Ordinance No. 164, 2000, was unanimously adopted on First
Reading on November 7, 2000.
AGENDA ITEM SUMMARY ITEM NUMBER: 22
FORT COLLINS CITY COUNCIL DATE: November 7, 2000
STAFF: Steve Comstock
SUBJECT:
First Reading of Ordinance No. 164, 2000, Authorizing the City of Fort Collins to Enter into an
Option Agreement to Sell Forty Acres of the Meadow Springs Ranch Property to the United
States Fish and Wildlife Service for its Black-Footed Ferret Breeding Facility.
RECOMMENDATION:
Staff recommends adoption o Ce2dijapieay
FINANCIAL IMPACT:
The City's Wastewater Fund will receive payment in the amount of$1 for the option agreement
and $32,000 for the property should the option be exercised.
COPY
EXECUTIVE SUMMARY:
In the spring of 1998, the City was approached by the United States Fish and Wildlife Service
about possibly relocating the Bl F Oilife
t B edi aci i from Wyoming to Colorado
and siting it on the City's M ow pFervice
u of 998, the City Council adopted
Resolution 98-112 supportin his motg st to proceed with negotiations for
not more than 35 acres. After her epart t of the Interior has asked for an
option to buy 40.05 acres. The is an have c osen a site on the east side of I-
25 one mile north of the Buckeye exit (see attached map). The Service has offered to pay the
City $1 for a four-month option to purchase the site. In the event that the option is exercised the
City would receive $32,000 for the 40.05 acre tract including easements for utilities, phone and
an access road. Under the purchase agreement that the City and the Fish and Wildlife Service
will enter into for this transaction, the Fish and Wildlife Service will also be granted a right of
first refusal to purchase any of the City's land within one-half mile of the property being
purchased for the breeding facility.