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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 09/19/2000 - ITEMS RELATING TO AN INTERGOVERNMENTAL AGREEMENT W ITEM NUMBER: 17 A-E! AGENDA ITEM SUMMARY DATE: September 19, 2000 FORT COLLINS CITY COUNCIL STAFF: Tom Shoemaker SUBJECT: Items Relating to an Intergovernmental Agreement with Larimer County Concerning the Coyote; Ridge Natural Area. RECOMMENDATION: Staff recommends adoption of the Ordinances on Second Reading. EXECUTIVE SUMMARY: A. Second Reading of Ordinance No. 123, 2000, Authorizing an Intergovernmental Agreement with Larimer County Concerning the Coyote Ridge Natural Area and Authorizing the Conveyance of an 28.09% Undivided Interest in Portions of Coyote Ridge Natural Area to Larimer County. B. Second Reading of Ordinance No. 124, 2000, Appropriating Unanticipated Revenue irk the 1/4 Cent Sales Tax for Natural Areas Capital Fund Received from Larimer County for the Coyote Ridge Natural Area. Ordinance No. 123, 2000, which was unanimously adopted on First Reading on September 5, 2000, authorizes the City to enter into an intergovernmental agreement with Larimer County regarding the management of the Coyote Ridge Natural Area and authorizing the City to quit claim an undivided 28.09% interest in Tract A and Tract B to the County in exchange for $430,750, and an additional 5.24% interest in Tract C to be conveyed to the City. Ordinance No. 124, 2000, which was unanimously adopted on First Reading on September 5, 2000, appropriates unanticipated revenue received by Larimer County for acquisition and development of open space, trails, and natural areas in the Coyote Ridge Natural Area. AGENDA ITEM SUMMARY ITEM NUMBER: 31 A-B FORT COLLINS CITY COUNCIL DATE: September 5, 2000STAFF• Tom Shoemaker SUBJECT: Items Relating to an Intergovernmental Agreement with Larimer County Concerning the Coyote Ridge Natural Area. RECOMMENDATION: Staff recommends adoption o CeOrdi on2es Py FINANCIAL IMPACT: These actions will provide for the payment of $430,750 to the City of Fort Collins by Larimer County, and the conveyance of an additional ownership interest in one of the affected parcels. 0 COPY EXECUTIVE SUMMARY: A. First Reading of Ordinance No. 123, 2000, Authorizing an Intergovernmental Agreement with Larimer County Co m a Co to Ride Natural Area and Authorizing the Conveyance of an 28. - d' ded to t 1 P o of Coyote Ridge Natural Area IF to Larimer County. Imff B. First Reading of Ordinance o. 12 , 200 , ppropnahng Unanticipated Revenue in the 1/4 Cent Sales Tax for Natural Areas Capital Fund Received from Latimer County for the Coyote Ridge Natural Area. BACKGROUND: Since 1994, the City of Fort Collins has been working with Latimer County and Loveland to preserve significant areas of open land between Fort Collins and Loveland. The partners have collaborated on several conservation projects in this area, including the 841-acre Coyote Ridge Natural Area. This property is comprised of three distinct parcels, a 442-acre parcel acquired by the City of Fort Collins in 1994, a 315-acre parcel acquired by the City of Fort Collins in 1995, and an 84-acre parcel (the "Steppel" property) acquired by Latimer County in 1997. DATE: September 5, 2000 2 ITEM NUMBER: 31 A-B Staff from both entities have developed an intergovernmental agreement concerning all of the parcels within the Coyote Ridge Natural Area. The intergovernmental agreement provides for the transfer of ownership among the entities such that the City of Fort Collins will retain a 71.91% undivided interest and Larimer County will obtain a 28.09% undivided interest in all three parcels. Larimer County will pay $430,750 to the City of Fort Collins for the undivided interest in the property. The City of Fort Collins will continue to have the management responsibility for the properties and will manage them in accordance with the "Foothills Natural Areas Management Plan' that staff has developed in cooperation with the County.