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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 04/16/2002 - SECOND READING OF ORDINANCE NO. 060, 2002, AUTHORI AGI=NDA ITEM SUMMARY ITEM NUMBER: 13 DATE: April 16, 2002 FORT COLLINS CITY COUNCIL FROM: Craig Foreman SUBJECT ; Secom Reading of Ordinance No. 060, 2002, Authorizing the Acceptance of a Donation of 1.524 Acres of Land from Waterglen, LLC and Appropriating Unanticipated Revenue in the Neighborhood Parkland Fund Waterglen Park Project. RECOMMENDATION: Staff recommends the adoption of the Ordinance on Second Reading. EXECUTIVE SUMMARY: Waterglen Neighborhood Park will primarily serve the Waterglen Development. The developer of Waterglen is donating the land for this 1.524-acre park. The park will provide a beautiful, peaceful place for residents with landscaping, trees, sidewalk, drinking fountain, shelter and picnic tables. The public process for the design of the park will occur in late 2002 with development in early 2003. Ordinance No. 060, 2002 was unanimously adopted on First Reading on April 2, 2002. AGENDA ITEM SUMMARY ITEM NUMBER: 18 DATE: April 2, 2002 FORT COLLINS CITY COUNCIL STAFF: Craig Foreman SUBJECT: First R.-ading of Ordinance No. 060, 2002, Authorizing the Acceptance of a Donation of 1.524 Acres of Land from Waterglen, LLC and Appropriating Unanticipated Revenue in the Neighborhood Parkland Fund Waterglen Park Project. RECOMMENDATION: Staff recommends the adoption a Ordt nce F t Readin 44..�FINANCIAL. IMPACT: The coat to develop the park site is $180,000, which is budgeted in the Neighborhood Parkland Fund in 2002 and 2003. The value of the parkland donation is $20,000 per acre for a total value of$30,480. The Ordinance provides the auth ' ' n e f aterglen Park and to properly accoun: for the value according ixed t acc g de e . Maintenance funding for the park lip in the amount of$23,268 per ye 's alloc d st g e 2 udget. EXECUTIVE SUMMARY: The current Parks and Recreation Policy Plan, which was approved by the City Council with the adoption of Resolution 96-146 in December 1996, recommends that neighborhood parks be developed at a standard of 2.5 acres per 1, pop a ' s t fo park is typically one square mile in size and bounded by arterial [Teets. e W r ve ment is located in the square mile bounded by I-25 on the east, e D ' on th, No Timberline Road on the west and Mounudn Vista Drive on the no he Po icy Pan and City an encourage the development of mini-parks as a component of the City's neighborhood park system. The Waterglen Development is located in the southeast corner of the square mile adjacent to I-25 and Vine Drive. The development is bordered on the west and north by a large irrigation canal. It is anticipated that additional residential development west and north of the canal will generate the need for a larger neighborhood park. The plan would be to place the larger park across the irrigation canal from the Waterglen Mini-Park and connect the two with a pedestrian bridge. Waterglen Neighborhood Park will primarily serve the Waterglen Development. The developer of Waterglen is donating the land for this 1.524-acre park. The park will provide a beautiful, peaceful place for residents with landscaping, trees, sidewalk, drinking fountain, shelter and picnic tables. The public process for the design of the park will occur in late 2002 with development in early 2003.