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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 11/19/2002 - ITEMS RELATING TO CONSERVATION EASEMENTS ON NATURA AGENDA ITEM SUMMARY ITEM NUMBER: I A-C DATE: November 19, 2002 FORT C OLLINS CITY COUNCIL FROM: Edith Felchle Michelle Pawar SUBJECT: Items Relating to Conservation Easements on Natural Areas for the Great Outdoors Colorado Legacy Projec . RECOMMENDATION: Staff and the IS atural Resources Advisory Board recommend adoption of the Ordinances on Second Reading. EXECUTIVE SUMMARY: A. Second Reading of Ordinance No. 158,2002, Authorizing the Conveyance to Legacy Land Trust of a Conservation Easement on Nix Natural Area to Meet Great Outdoors Colorado Grant Requirements. B. Second Reading of Ordinance No. 159,2002, Authorizing the Conveyance to Legacy Land Trust of a Conservation Easement on Cattail Chorus Natural Area to Meet Great Outdoors Colorado Grant Requirements. C. Second Reading of Ordinance No. 160,2002, Authorizing the Conveyance to Legacy Land Trust of a Conservation Easement on the McMurry Annex/Ackerman Court Natural Area Prope y to Meet Great Outdoors Colorado Grant Requirements. Nix Natural Area, Cattail Chorus Natural Area, and McMurry Annex/Ackerman Court are part of the Poudre/Big Thompson GOCO Legacy Project. The properties were purchased by the City of Fort Collins si nce LOCO awarded the Legacy grant in 1996. GOCO awarded grant funds within the Poudre/Bi g Thompson Legacy Project to assist in the purchase of these (and other) properties. GOCO places several requirements on the landowners. These requirements include, but are not limited to, a r quirement that each property be subject to a conservation easement held by a land trust. These conservation easements meet that requirement and stipulate the various conditions required by COCO. LOCO will not release the grant funds without these signed Conservation Easements. Upon execution and recording of the Conservation Easements, LOCO will reimburse the City a total of$772,000 (Nix Natural Area: $394,500; Cattail Chorus Natural Area: $135,000: McMurry Annex/Ackerman Court: $242,500). LOCO has agreed to include the City's acquisition of Kingfisher Point Natural Area as part of the City's local match for the grant, allowing for a relatively high percentage of grant funding for the three properties affected by these Ordinances. Ordinance Nc s. 158, 159 and 160, 2002, which were unanimously adopted on First Reading on November 5, 2002, authorized the conveyance of the necessary conservation easements. AGENDA ITEM SUMMARY ITEM NUMBER: l7 A-C DATE: November 5, 2002 FORT COLLINS CITY COUNCIL Edith Felchle 10 STAFF: Michelle Pawar SUBJECT: Items Relating to Conservation Easements on Natural Areas for the Great Outdoors Colorado Legacy Project. RECOMMENDATION: Staff and the Natural Resourc(Advisdo rend option of the Ordinances on First Reading. FINANCIAL IMPACT: Great Outdoors Colorado (GOCO) has awarded grant funds as follows: Nix Natural Area: $394, Cattail Chorus Natur rea: 1 ,000' McMurry Annex/Ack an Co : $24 k�-X Y Failure to adopt the Ordinances will result in loss of these grant monies. EXECUTIVE SUMMARY: A. First Reading of Ordinance No. 158, 2002, Authorizing the Conveyance to Legacy Land Trust of a Conservation Easement on Nix Natural Area to Meet Great Outdoors Colorado Grant Requirements. B. First Reading of Ord iCaseme(nt )onattaVihorus 2orizi the Conveyance to Legacy Land Trust of a Conservatio atural Area to Meet Great Outdoors Colorado Grant Requirements. C. First Reading of Ordinance No. 160, 2002, Authorizing the Conveyance to Legacy Land Trust of a Conservation Easement on the McMurry Annex/Ackerman Court Natural Area Property to Meet Great Outdoors Colorado Grant Requirements. Nix Natural Area, Cattail Chorus Natural Area, and McMurry Annex/Ackerman Court are part of the PoudreBig Thompson GOCO Legacy Project. The properties were purchased by the City of Fort Collins since GOCO awarded the Legacy grant in 1996. GOCO awarded grant funds within the PoudreBig Thompson Legacy Project to assist in the purchase of these (and other) properties. GOCO places several requirements on the landowners. These requirements include, but are not limited to, a requirement that each property be subject to a conservation easement held by a land ovem er 17 A-C DATE: ITEM NUMBER: trust. These conservation easements meet that requirement and stipulate the various conditions required by GOCO. GOCO will not release the grant funds without these signed Conservation Easements. Upon execution and recording of the Conservation Easements, GOCO will reimburse the City a total of$772,000 (Nix Natural Area: $394,500; Cattail Chorus Natural Area: $135,000: McMurry Annex/Ackerman Court: $242,500). GOCO has agreed to include the City's acquisition of Kingfisher Point Natural Area as part of the City's local match for the grant, allowing for a relatively high percentage of grant funding for the three properties affected by these Ordinances. The Natural Resources Advisory Board, at its October 2, 2002 meeting, recommended approval of the Ordinances. Maps showing each of the pr rties f ted th Or a re attached.