Loading...
HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 12/21/2004 - RESOLUTION 2004-147 AUTHORIZING INTERGOVERNMENTAL ITEM NUMBER: 18 AGENDA ITEM SUMMARY DATE: December 21, 2004 FORT COLLINS CITY COUNCIL STAFF: Mark Sears Kathy Valdez SUBJECT Resolution 2004-147 Authorizing Intergovernmental Agreements with Latimer County Regarding the Bee and Weber Conservation Easements. RECOMMENDATION Staff and the Natural Resources Advisory Board recommend approval of the Resolution. FINANCIAL IMPACT The Resolution authorizes the City to enter into two intergovernmental agreements with Larimer County pursuant to which the City will receive a 50% interest in both the Bee and Weber Conservation Easements(CEs),which were previously acquired by the County. Latimer County will be responsible for the monitoring and enforcement of the easements and the costs associated. The CEs were appraised as follows; Bee 139.38 acres at$365,302, and Weber 69.57 acres at$198,138. The City's 50% share is Bee$182,651,and Weber$99,069,for a total cost of$281,720 for the CE's on 208.95 acres. EXECUTIVE SUMMARY Larimer County took the lead on these conservation projects and acquired the Bee and Weber Conservation Easements (CEs). Both properties are located south of the Wellington Growth Management Area and along the east side of I-25. The CEs Open Lands Master Plan for conserving agricultural lands and they fit the City's Land Conservation Plan by conserving open space in the Fort Collins - Wellington Community Separator. Due to the mutual benefit, staff is recommending that the City partner with Larimer County 50150 on these two land conservation projects by reimbursing Larimer County for a 50% interest in the CEs. December 21, 2004 -2- Item No. 18 BACKGROUND Once the conservation easements were acquired by Larimer County, Colorado State University acquired the land from the Bees and the Webers. CSU will use the land as a part of its Agricultural Research Program (ARDEC). This conservation project benefits the City, County and CSU by protecting open space in the Fort Collins-Wellington Community Separator,conserving agricultural lands, and provides additional land for agricultural research at an affordable cost. The following is a breakdown of the project costs: Bee Weber Total Acreage 139.38 69.57 208.95 Appraised Fee Value $836,252 $423,858 $1,260,110 CE Appraised Value $365,302 $198,138 $ 563,440 Fort Collins 50% Cost $182,651 $ 99,069 $ 281,720 Larimer County 50% Cost $182,651 $ 99,069 $ 281,720 Addn'l County Costs $ 63,398 Total Conservation Easement $ 626,838 Cost Colorado State Unversity's $ 633,272 Approximate Land Cost ATTACHMENTS 1. Bee-Weber Conservation Easement Area Map ATTACHMENT ­74— A[ f J f- P i - 77 R W � LU LU it Wuj r < i � 4 _ � I � ✓�1 �s� � i� � 1. ) l� f � � � � �\ ui W RESOLUTION 2004-147 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING INTERGOVERNMENTAL AGREEMENTS WITH LARIMER COUNTY REGARDING THE BEE AND WEBER CONSERVATION EASEMENTS WHEREAS,Latimer County has previously negotiated and acquired conservation easements on two properties in the Fort Collins - Wellington Community Separator area, consistent with the City's Land Conservation and Stewardship Master Plan, which was approved by the City Council by its adoption of Resolution 2004-092 in July 2004; and WHEREAS, the two conservation easements, which were acquired from the prior owners, Bee and Weber, and which encumber property described in Exhibit A and Exhibit B, respectively, attached hereto and incorporated herein by this reference (the Bee Conservation Easement and the Weber Conservation Easement, respectively), are of value to the City in light of the City's interest in the Fort Collins - Wellington Community Separator; and WHEREAS, City and County staff have worked to negotiate an arrangement by which the County would assign to the City a 50% undivided interest in the Bee Conservation Easement and the Weber Conservation Easement,in exchange for reimbursement of 50%of the County's costs of acquiring those easements, which would constitute a payment to the County of$281,720; and WHEREAS, staff has proposed that the assignment be set out in recordable assignment agreements (the "IGAs"), which will provide that Latimer County be primarily responsible for monitoring and enforcing the Bee and Weber Conservation Easements, while the City will have a secondary role and the ability to raise issues and take enforcement action as appropriate; and WHEREAS,Article 11,Section 16 of the City Charter and Section 29-1-203,C.R.S.,provide that the Council may enter into agreements with other governmental bodies for the performance of cooperative or joint activities; and WHEREAS, under Section 23-111 of the Code of the City of Fort Collins, the Council is authorized to sell or otherwise dispose of any and all interests in real property owned in the name of the City, provided that Council first finds by ordinance that the sale or disposition is in the best interests of the City. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the Mayor is hereby authorized to execute the IGAs upon the terms and conditions outlined above,together with such other terms and conditions or minor modifications or amendments as the City Manager, in consultation with the City Attorney, determines to be necessary and appropriate to protect the interests of the City and effectuate the purposes set forth herein. Passed and adopted at a regular meeting of the City Council held this 21 st day of December, A.D. 2004. Mayor ATTEST: City Clerk EXHIBIT "A" PAGE 1 OF 2 LEGAL DESCRIPTION Lot 1, Bee M.L.D. , COUNTY OF LARIMER, STATE OF COLORADO EXHIBIT "A" BEE M.L.D. PAGE 2OF2 lacaled in. fhe Southwest Y of Sectfen 10, Township 8 North, Ronga 68 Wsaf el Iha 6th P.N., Ludmer County, CO 1 I h I N I y a y C s I = �-..��...Larimer CwTRaa�:3g'�'�•—'v.= I Philip 8ee nn[ BEE W.L.D. a,.1W 10.in. We N ly to ry,WI_w C.uet��.uMnM Frad..lek I+ed Sur, vpine,.tuo — � W Im1� s �.i aeaea.oea �I 1 EXHIBIT "B" PAGE 1 OF 2 LEGAL DESCRIPTION Lot 1, Weber M.L.D. , COUNTY OF LARIMER, STATE OF COLORADO ---�--'-- EXHIBIT "B" WEBER M.L.D. PAGE zoFz - located in the Southeast Y of Secllon 10, Township a North, Range 68 West of the 6th P.M., Lorimer County, CO 24 At I f i _ OUAL 'A' •ey= e Oerid Weber wEBER M.LO: s.w..ie.nn.Weer.e IYadertek "ad Suneytee, Ive. ..-. '• �B—