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HomeMy WebLinkAboutCOUNCIL - SUMMARY AGENDA - 07/22/2008 - SUMMARY AGENDA (WORK SESSION) City of F6rt CoLlins CITY COUNCIL AGENDA Doug Hutchinson, Mayor Lincoln Center Kelly Ohlson, District 5, Mayor Pro Tern Columbine Room Ben Manvel, District 1 417 West Magnolia Lisa Poppaw, District 2 Fort Collins, Colorado Diggs Brown, District 3 at the conclusion of the URA work session Wade Troxell, District 4 Cablecast on City Cable Channel 14 David Roy, District 6 on the Comcast cable system The City of Fort Collins will make reasonable accommodations for access to City services, programs, and activities and will make special communication arrangements for persons with disabilities. Please call 221-6516 (TDD 224- 6001)for assistance. WORK SESSION July 22, 2008 1. Call Meeting to Order. 2. Joint Meeting with the Downtown Development Authority. (2 hour discussion) A. A Financial Proposal for a Public/Private Partnership for Development of a Hotel and Mixed-Use Project on the Oak/Remington Parking Lot in Downtown Fort Collins. (1 1/2 hour discussion) In 2007, the City and Downtown Development Authority (DDA) entered into an Exclusive Negotiating Agreement with Corporex Companies (CPX) to construct a hotel and mixed-use project on the City's Oak/Remington Parking Lot in downtown Fort Collins. One part of that Agreement was the preparation of a Financial Agreement for City Council and DDA Board approval. For the past several months, CPX, City and DDA staff have been in three-way negotiations regarding the terms of an Agreement. The purpose of the work session is to review and discuss the draft terms of agreement and get direction from Council and DDA Board on how to proceed. The adoption of a Resolution authorizing the Agreement is scheduled for City Council consideration on August 19, 2008. B. Presentation of the Beet Street Amphitheater Site Selection Analysis. In 2007, the DDA retained HOK Venue to manage a site selection, feasibility analysis, and preliminary architecture/engineering design for a Beet Street Amphitheater. The consultant team has completed the site selection analysis and identified the Justice Center site located on the southeast corner of West Mountain Avenue and Mason Street as the site most advantageous for a future amphitheater. DDA staff presents the analysis to Council for full consideration, and seeks Council consent to move forward with next steps in a due diligence phase. 3. Other Business, 4. Adjournment.