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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 04/17/2001 - SECOND READING OF ORDINANCE NO. 49, 2001, ADOPTING AGENDA ITEM SUMMARY ITEM NUMBER: 37 FORT COLLINS CITY COUNCIL DATE: April 17, 2001FROM• Ted Shepard SUBJECT : Second Reading of Ordinance No. 49, 2001, Adopting a Development Agreement Extending the Term of Vested Property Rights for Hewlett-Packard at the Harmony Technological Park Final Plan from Three Years to Fifteen Years. RECOMMENDATION: Staff recommends adoption of the Ordinance on Second Reading. EXECUTIVE SUMMARY: Section 2.2.1 l(D)(3) of the City's Land Use Code grants Council the authority to extend the term of a vested property right for a site specific development plan beyond the normal maximum term of three years as allowed by the Land Use Code for projects meeting the definition of"large base industry." Such an extension is also permitted under the state vested rights statute. Hewlett- Packard at the Harmony Technological Park is a 61-acre campus featuring six buildings containing 750,000 square feet to be constructed over a time frame that exceeds three years. This project meets the definition of "large base industry" and the applicants have requested a term of 15-years during which the property rights allowed by the Final Plan would be vested. Ordinance No. 49, 2001, was unanimously adopted on First Reading on March 20, 2001. This item was placed on the discussion agenda at the request of newly-elected District 3 Councilmember, Eric Hamrick. AGENDA ITEM SUMMARY ITEM NUMBER: 19 FORT COLLINS CITY COUNCIL DATE: March 20, 2001STAFF: Ted Shepard SUBJECT: First Reading of Ordinance No. 49, 2001, .Adopting a Development Agreement Extending the Term of Vested Property Rights for Hewlett-Packard at the Harmony Technological Park Final Plan from Three Years to Fifteen Years. RECOMMENDATION: Staff recommends adoption of the Ordinance on First Reading r. EXECUTIVE SUMMARY: Section 2.2.11(D)(3) of the City's Land Use Code Coupo"'lythe authority to extend the term of a vested property right for a site specific develop` n beyond the normal maximum term of three years as allowed by the L ode for pro eeting the definition of"large base industrv." Such an extension, under th vested rights statute. Hewlett- Packard at the Harmony chnological a 61-ac td featuring six buildings containing 750,000 squarq' eet to be construe er a time e that exceeds three years. This project meets the clf ition of 4'large base rtry' and 1e applicants have requested a ,. term of 15-years during which the property rights allowed by the Final Plan would be vested. BACKGROUND: Hewlett-Packard Corporation. in Fort Collins_ meets the Land Use Code definition of a "large base industry" defined as: "... a firm that: (1) produces, or will produce, manufactured goods. at least eighth (80) percent of which are. or will be, produced for export to areas outside of the city: ('_) emplocs. or will employ, no fewer than one hundred (100) persons for at least thirty-five (35) hours of year-round employment per week: and (3) owns or leases. or will own or lease real property or equipment within the city limits that is used in the operation or the firm's business and that has or will have. as of the date of the commencement of the frm's operation, a fair market value of no less than one hundred million dollars ($100.000,000.).-- Hewlett-Packard has provided information regarding consolidating Northern Colorado operations into the proposed Harmony Technological Park. This includes moving employees from the Greeley operation, which is closing, and from Loveland, which has converted to Agilent, now a separate and distinct company (see attached). This consolidation is expected to take longer than three years. DATE: March 20. 2001 2 ITEM NUMBER: 19 The Hewlett-Packard at Harmony Technological Park project is large-scale campus comprising six buildings containing 750,000 square feet on 61 acres. The campus will be constructed in phases. Full build-out is expected in 15 to 20 years. The Project Development Plan covers the entire 61 acres and is thoroughly detailed with specific site planning, street pattern, utility layout, landscape design and architectural elevations. The P.D.P. complies with the standards of the Land Use Code and will be considered by the Planning and Zoning Board on March 15, 2001. Recording of the Final Plan and cxecution of the Development Agreement will closely follow. Since the 61-acre campus is being designed to final specifications, it will be considered a "site specific development plan" which is normally allowed a three year term of vested property rights. Yet the full build-out and occupancy of such a large catiis:will effectively exceed three years. Staff has examined the request. The Project Development Plan sets in plac ern of development and establishes a baseline of streets utilities, I dscapin i design attributes. This baseline complies with se It will be logistically cult and complex for future phases to deviate from asic param of this 61-acre plan. `(M a' The extension of the vested property rights term` cal anotefficient. It would not serve the public interest to let the vacant portion of the cam ilre4�only to have to be re-submitted in essentially identical form, for the me u ose of re- ng compliance with the Land Use Code. Such a time min of be an t use of either public or private sector resources. Since the project is now tia a highly detailed an ed desi state, staff is comfortable that future development, beyoi a the normal three years, will continue to comply with the Land Use Code, fulfill the vision of the Harmony Corridor Plan, and implement the goals and objectives of City Plan. The extended term of 15 years would be established by the proposed agreement bete"een the Clt} and Hen'lett-Packard Corporation that would be approved by this Ordinance. The agreement would allow the City to apply such ordinances or regulations as ma} exist at the time of development that are general in nature and are applicable to all property subject to land use regulation by the City. as pennitted under Section 24-68-105(2) C.R.S..