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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 04/02/2002 - SECOND READING OF ORDINANCE NO. 047, 2002, AUTHORI AGENDA ITEM SUMMARY ITEM NUMBER: 11 FORT COLLINS CITY COUNCIL DATE: April 2, 2002 FROM: Craig Foreman SUBJECT: Second Reading of Ordinance No. 047, 2002, Authorizing the Conveyance of Two Non- exclusive Easements for Storm Drainage Across Westfield Park to the Pool of Dreams Development, Ltd. RECOMMENDATION: Staff recommends the adoption of the Ordinance on Second Reading. EXECUTIVE SUMMARY: Pool of Dreams Development is located on the north edge of Westfield Park. Stormwater flows from the Pool of Dreams Development cross a portion of the Park to reach the drainage channel that runs through the Park. Ordinance No. 047, 2002, which was unanimously adopted on First Reading on March 19, 2002, conveys the easements for storm drainage across Westfield Park to the Pool of Dreams Development, Ltd. AGENDA ITEM SUMMARY ITEM NUMBER: 15 DATE: March 19, 2002 IS FORT COLLINS CITY COUNCIL STAFF: Craig Foreman SUBJECT: First Reading of Ordinance No. 047, 2002, Authorizing the Conveyance of Two Non-exclusive Easements for Storm Drainage Across Westfield Park to the Pool of Dreams Development, Ltd. RECOMMENDATION: Staff recommends the adopti of the roan oAPirst Rea g. FINANCIAL IMPACT: The consideration for these easements was the City reserving a right of first refusal in the deed conveying 1.032 acres of Westfield Park land to the Pool of Dreams Development, Ltd. I COPY EXECUTIVE SUMMARY: Pool of Dreams Development is located on the north edge of Westfield Park. Stormwater flows from the Pool of Dreams Develo ment cross a portion of the Park to reach the drainage channel that runs through the Park. T dr a eas e t i 0. acre are needed from the City. The consideration for these a ments incl a art o e terms negotiated in the sale of the land to Pool of Dreams by din c o. O1.