Loading...
HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 05/05/2009 - SECOND READING OF ORDINANCE NO. 038, 2009, EXPANDI ITEM NUMBER: 11 AGENDA ITEM SUMMARY DATE: May 5, 2009 FORT COLLINS CITY COUNCIL STAFF: Matt Robenalt SUBJECT Second Reading of Ordinance No. 038, 2009, Expanding the Boundaries of the Downtown Development Authority and Amending the Plan of Development. RECOMMENDATION Staff recommends adoption of this Ordinance on Second Reading. i EXECUTIVE SUMMARY Ordinance No. 038, 2009, unanimously adopted on First Reading on April 21, 2009, changes the boundaries of the Downtown Development Authority (DDA) District and amends the Plan of Development of the Authority to include properties located in the Lemay/Lincoln Avenue area and South Howes Street area. ATTACHMENTS 1. Copy of First Reading Agenda Item Summary - April 21, 2009. (w/o original attachments) ATTACHMENT ITEM NUMBER: 14 AGENDA ITEM SUMMARY DATE: April 21, Zoos FORT COLLINS CITY }COUNCIL STAFF: Matt Robenalt SUBJECT First Reading of Ordinance No. 038, 2009, Expanding the Boundaries of the Downtown Development Authority and Amending the Plan of Development. RECOMMENDATION Staff recommends adoption of the Ordinance on First Reading. The Downtown Development Authority Board of Directors voted unanimously to recommend City Council inclusion of the properties, as requested by the property owners ("Petitioners"), located in the Lemay/Lincoln Avenue Area and South Howes Street Area into the DDA boundary area at its regular meetings on February 121and March 12.;200y resp cove y. FINANCIAL IMPACT The petitions are a voluntary request by the property owners, and the Petitioners understand that upon inclusion into the DDA boundary the Petitioner's property will be subject to an increase of 5 mills to the current area rate of: • Lemay/Lincoln Avenue Area - 86.49 mills, for a total of 91.49 mills. • South Howes Street Area - 86.49 mills, for a total of 91.49 mills. There is no fiscal impact, negative or positive, to the City resulting from the specific action to include these properties in the DDA boundary. The annual net fiscal impact to the DDA is positive and will result in new operating revenue from the 5 mill levy. The approximate annual impact to the DDA is: • Lemay/Lincoln Avenue Area 42450 1-1 • South Howes Street Area - $859 The DDA Board has made funding commitments to redevelopment projects at the following locations contingent upon Council approval of expanding the boundaries of the DDA Downtown Development and Amending the Plan of Development of the Authority: April 21, 2009 -2- Item No. 14 • 1025 Buckingham; • Northwest corner of East Lincoln and North Lemay (Fort Collins Brewery); • 306 West Laurel Avenue ��� �l Tax increment revenues will not be generated unless and/or until taxable improvements are made ' I I I to the aforementioned properties. Upon.submission of this requested Council action, no taxable improvements have yet been undertaken on_the aforementioned-locations that would result in tax increment revenues for the DDA. EXECUTIVE SUMMARY The petitions for inclusion would change the boundaries of the Downtown Development Authority (DDA) District and amend the Plan of Development of the Authority to include properties located in the Lemay/Lincoln Avenue area and South Howes Street area. BACKGROUND The petitions for inclusion include tnejfollowing pro, ertiesc U i It Lemay/Lincoln Avenue Areal Mountain View Community Church 1025 Buckingham Out West properties, LLC (Fort Collins Brewery) Northwest corner of East Lincoln and North Lemay GTG Investments (Colorado Iron & Metal) 903 Buckingham South Howes Street Area Colorado Delta Association of Sigma Alpha Epsilon 306 West Laurel Synod of Rocky Mountain United Presbyterian Church 629 South Howes CSU Research Foundation 601 South Howes Board of Governors of the CSU System \555 South Howes Kruger Rentals/Clary Propertied 515 Howes P j � Barbara Bailey 509 South Howes Vernon D. Bailey Family Trust 317 West Mulberry These petitions are a voluntary request by the land owners,and are authorized under Section 31-25- 822 of the Colorado Revised Statutes,as amended. The criteria for inclusion of additional property into the DDA boundary area pursuant to Section 31-25-822 have been reviewed by DDA legal April 21, 2009 -3- Item No. 14 counsel, adjacency to the existing DDA boundary, and evidence of ownership,of the property has been documented. This inclusion of property resulting°iny boundary line adjustment will effectively amend the DDA's Plan of Development. / r( �F12ebrua The DDA Board of Directors took:action on.F. i and March 12,2009 and recommended the Council amend the Plan of Development boundary area. The purpose of combining both recommendations of the DDA Board into a single Agenda Item for Council is intended to use the time and resources of staff, legal counsel, and the City Council more efficiently. There are public benefits associated with the proposed inclusion of properties in the Lemay/Lincoln Avenue Area and South Howes Street Area. The following rationale and benefits were communicated to the DDA Board by staff: A. Lemay/Lincoln Avenue Area The area has challenging issues that need to be addressed to provide public improvements, such as sidewalks,and appropriate roadway improvements. The DDA can provide the kinds of businesses establishing here with access to tax increment funds to make the required improvements. This helps with development viability, especially,for the ty, pe s-of�smaller businesses that are locating in this area. Additionally, the area is�mostly(zonedlI-Industrial\which has limited design standards required by the City's Land Use Code. DDA participation ion would give developers incentive to go above and beyond what is required for architectural design- in the municipal code. DDA involvement would help to ensure that the area develops at a consistently higher level of design than would otherwise occur. The area is gaining momentum as a micro-brewery district with uniquely Fort Collins businesses that attract visitors from many corners of the U.S. This area is adjacent to the historic downtown . core and it supports the downtown with complementary businesses and connects to the downtown via river crossings. Supporting quality design in this area will result in the positive qualities of downtown being extended across the river, which may eventually facilitate the development and viability of the Downtown River District and enhanced river crossings, all of which directly benefit the downtown. B. South Howes Street Area There are several reasons that jus tify�,nclusionof-the=South�Howes Street properties in the DDA district and demonstrate public benefit. 1They include the following: � v • Consistency with stated purpose of:C)omm'unity Commercial-zone district and DDA objectives An action by City Council to include the seven Petitioners' requests for inclusion would exactly mirror a previous Council's decision to establish a shared boundary of both the DDA and Community Commercial (CC) zone district, as exists a few blocks to the east. There is an existing shared boundary of the DDA and CC zone district between the north-south alley and parcels located on the east side of South College Avenue, north of Laurel Avenue. April 21, 2009 -4- Item No. 14 According to the City Land Use Code, the stated purpose of the CC district is to provide a combination of retail, offices, services, cultural facilities, civic uses and higher density housing. Multi-story buildings are encouraged to provide a mix of residential and nonresidential uses. Offices and dwellings are encouraged-to locate,above-ground=floor-retail and services. There is consistency between(he stayed purpo�e of he CC zone district containing the subject properties, and the objectives and_purposes:stated.in'Ithe DDAAPIan of Development. Among the stated objectives and purposes in the DDA Plan of Development are: • To prevent fragmentation of the central core by planning for a variety of land parcel sizes and mixed uses which will foster a balance between small businesses, intermediate-sized projects and major projects as well as between local owners, regional and national businesses; and • To encourage the development of new and rehabilitated buildings for uses as needed to achieve a balanced mix of products and services within the district; and • To increase the total housing supply within the District; and • To promote and support private developments--that is-consistent with the plans and objectives of the DDA, and the C of Fort Collins. • Proximity to historic CS&C--a pus Approval of these petition requests would extend the DDA Boundary to the Colorado State University campus at the prominent north end of the historic Oval. The connection between the DDA and CSU campus is an example of the physical connectivity envisioned in the UniverCity Connections program. Additionally,the relationship to the CSU campus and any new development that might occur in this area is very important. New development needs to be complementary of the nearby historic campus architecture, and of equal or higher quality in terms of design and materials. CSU plans to increase the student population in the coming years have activated private developer interests in opportunities to provide new student housing in close proximity to the campus. The area located between the CSU campus and central business district will very likely receive a considerable amount of development pressure in response to this increased demand. DDA investment promot�biliity and goal ty d 1e1 pment The DDA has the ability to provide=the kinds-Of delr1opmentlencouraged in this area with access to tax increment funds to make the required improvements,and to help establish economic viability of development. DDA involvement would also help to ensure that the area develops at a consistently higher level of design than would otherwise occur by encouraging developers to go above and beyond what is required for design in the municipal code. Encouraging high quality development and the financial realities of property investment in certain areas of the community do not always track on the same trajectory. It is for this reason that public April 21, 2009 -5- Item No. 14 finance tools, such as tax increment financing, are available for well-reasoned and leveraged application in the community's redevelopment areas. ATTACHMENTS Cl n TD'�7\ �� 1. Resolution 2009-02 of the Board of Directors of the DDA Recommending Inclusion of the Properties in the Lemay/Lincoln Avenue Area. (Location Map provided as Exhibit E) 2. Resolution 2009-03 of the Board of Directors of the DDA Recommending Inclusion of the Properties in the South Howes Street Area. (Location Map provided as Exhibit I) COP VJL P ORDINANCE NO. 038, 2009 OF THE COUNCIL OF THE CITY OF FORT COLLINS EXPANDING THE BOUNDARIES OF THE FORT COLLINS, COLORADO DOWNTOWN DEVELOPMENT AUTHORITY AND AMENDING THE PLAN OF DEVELOPMENT WHEREAS, on April 21, 1981, City Council adopted Ordinance No. 046, 1981, creating a Downtown Development Authority (the "Authority") and establishing the boundaries of the Downtown Development District (the "District"); and WHEREAS, on September 8, 1981, by Resolution 81-129, the City Council approved the Fort Collins Downtown Development Authority Plan of Development(the"Plan of Development"), which also describes the boundaries of the District; and WHEREAS, pursuant to Section 31-25-822, C.R.S., subsequent to the organization of a downtown development authority, additional property may be included in the district of the authority, pursuant to a petition signed by the owner or owners in fee of each parcel of land sought to the included; and WHEREAS, if the board of directors of the authority approves said application, the board of directors is to then submit the application to the governing body of the municipality in which the district is contained and, if the governing body also approves the application, it is to amend the ordinance creating the authority so as to include the additional property as described in the petition; and WHEREAS,the City Council has,on ten previous occasions,amended Ordinance No. 046, 1981, by the adoption of the following ordinances: Ordinance No. 162, 1981; Ordinance No. 002, 1982;Ordinance No.002, 1993;Ordinance No. 199, 1998;Ordinance No. 148,2000;Ordinance No. 038, 2004; Ordinance No. 067, 2004; Ordinance No. 099, 2005; Ordinance No. 035, 2008; and Ordinance No. 067, 2008 (the "Amending Ordinances"); and WHEREAS, the Board of Directors of the Authority (the "Board") has received petitions from the fee owners of three properties located in the vicinity of Lemay Avenue and Lincoln Avenue (the"Lemay/Lincoln Area Properties") to include such properties in the boundaries of the District; and WHEREAS, the legal descriptions of the Lemay/Lincoln Area Properties and the names of the fee owners of each such property are set forth on Exhibit"A" attached hereto and incorporated herein by reference; and WHEREAS, the Board has determined that the addition of the Lemay/Lincoln Area Properties would further the objectives and purposes of the District as contained in the Plan of Development and has, by Resolution 2009-02, recommended approval of said annexation petitions by the City Council; and WHEREAS, the Board has also received property owner petitions to include seven other properties located in the vicinity of Howes Street and Laurel Street(the"Howes/Laurel Street Area Properties") in the boundaries of the District from the fee owners thereof; and WHEREAS,the legal descriptions of the Howes/Laurel Street Area Properties and the names of the fee owners of each such property are set forth on Exhibit"B"attached hereto and incorporated herein by reference; and WHEREAS, the Board has determined that the addition of the Howes/Laurel Street Area Properties would further the objectives and purposes of the District as contained in the Plan of Development and has, by Resolution 2009-03, recommended approval of said annexation petitions by the City Council. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the City Council hereby approves the inclusion of the following properties in the boundaries of the District and finds that such inclusion is in the best interests of the City and will not substantially modify the Plan of Development: Lot 2, Second Replat of North Lemay Subdivision, Second Filing, a Minor Subdivision, City of Fort Collins, County of Larimer, State of Colorado A tract of land located in the Northeast Quarter of Section 12, Township 7 North, Range 69 West of the 6" Principal Meridian, City of Fort Collins, County of Latimer, State of Colorado being more particularly described as follows: Commencing at the East Quarter Comer of Section 12, thence North 00°00'00' West, 539.88 feet; thence South 90°00'00" West, 70.00 feet to the POINT OF BEGINNING; thence South 89°57'00"West 370.00 feet;thence North 00°00'00"East,748.04 feet; thence North 90°00'00" East, 355.00 feet; thence along a curve concave to the Southwest having a central angle of 90°00'00" with a radius of 15.00 feet, an arc length of 23.56 feet and the chord of which bears South 45°00'00" East 2 t.21 feet; thence South 00°00'00" West, 732.72 feet to the Point of Beginning. and Lots 2 & 3, Fort Collins Brewery, City of Fort Collins, County of Larimer, State of Colorado Replat of North Lemay Subdivision,Second Filing,Being Within the Northeast One- Quarter of Section 12, Township 7 North, Range 69 West of the Sixth Principal Meridian, County of Larimer, State of Colorado. -2- and Lott,Vanworks Subdivision Second Filing,City of Fort Collins,County of Larimer, State of Colorado, described as: A part of Section 12,Township 7 North, Range 69 West of the 61h P.M., City of Fort Collins, Larimer County, Colorado, more particularly described as follows: Lot 1, Vanworks Subdivision Second Filing, described as follows: Beginning at the Northeast comer of Lot 1, Vanworks Subdivision Second Filing; thence run South 00°00'00"West along the east line of said Lot 1 for a distance of 528.37 feet; thence run North 89°58'44" West for a distance of 290.31 feet to the west line of said Lot 1; thence run North 00°43'34" East along said west line for a distance of 96.21 feet; thence run North 90°00'00" East along said west line for a distance of 243.53 feet; thence run North 00°00'00" East along said west line for a distance of 432.07 feet to the Northwest corner of said Lot 1; thence run South 90°00'00" East along the north line of said Lot 1 for a distance of 45.56 feet to the Point of Beginning. Contains 47,572 square feet, more or less, and subject to all easements and rights of way of record. and Lot 2,Vanworks Subdivision Second Filing,City of Fort Collins,County of Larimer, State of Colorado. Contains 103,850 square feet, more or less, and subject to all easements and rights of way of record. and Lot 3, Vanworks Subdivision Second Filing, City of Fort Collins, Latimer County, Colorado. Except a part of Section 12, Township 7 North, Range 69 West of the 6`h P.M., City of Fort Collins, Larimer County, Colorado, more particularly described as follows: COMMENCING at the Northeast corner of said Lot 3, thence South 00°46'00" West a distance of 378.22 feet along the east line of Lot 3 to the POINT OF BEGINNING; - thence South 00°46'00" West a distance of 250.10 feet; - thence North 89°58'42" West a distance of 185.26 feet; - thence North 00°00'00" East a distance of 268.86 feet; - thence South 47°03'00" East a distance of 49.39 feet; - thence South 60°40'00" East a distance of 173.90 feet to the POINT OF BEGINNING. Altogether including 61,832 square feet, more or less and subject to all easements and rights of way of record and -3- Lot 4,Block 95, Harrison,City of Fort Collins,County of Larimer,State of Colorado and North one-half of Lot 3,Block 95,Harrison,City of Fort Collins,County of Larimer, State of Colorado and South one-half of Lot 3,Block 95,Harrison,City of Fort Collins,County of Larimer, State of Colorado and Lot 6, Block 95, City of Fort Collins, County of Larimer, State of Colorado and North one-half of Lot 3,all of Lots 4 through 6,the South one-half of Lot 9, and the North one-half of Lot 10, Block 96, Harrison's Addition, City of Fort Collins, County of Larimer, State of Colorado and North one-half of Lot 2 and the South one-half of Lot 3, Block 96, Harrison, City of Fort Collins, County of Larimer, State of Colorado and Lots 1, 7 and the South one-half of Lot 2, Block 96, Harrison, City of Fort Collins, County of Larimer, State of Colorado. Section 2. That Section 3 of Ordinance No. 046, 1981 (as amended by the Amending Ordinances) is hereby further amended by deleting the legal description contained therein, which description establishes the boundaries of the District, and by substituting the following therefor: BEGINNING AT THE CENTER OF THE INTERSECTION OF COLLEGE AVENUE AND LAUREL STREET; THENCE WESTERLY TO THE INTERSECTION OF THE CENTERLINE OF LAUREL STREET AND THE CENTERLINE OF THE ALLEY IN BLOCK 116 HARRISON'S ADDITION EXTENDED; THENCE NORTHERLY ALONG THE CENTERLINE OF THE ALLEY IN BLOCK 116 AND ITS NORTHERLY EXTENSION THROUGH BLOCK 115 HARRISON'S ADDITION, TO THE CENTER OF MULBERRY STREET; THENCE WESTERLY ALONG SAID CENTERLINE TO THE INTERSECTION OF MULBERRY STREET AND HOWES STREET; THENCE -4- SOUTHERLY ALONG THE CENTERLINE OF HOWES STREET TO THE CENTERLINE OF LAUREL STREET; THENCE WESTERLY ALONG THE CENTERLINE OF LAUREL STREET TO THE SOUTHERLY EXTENSION OF THE CENTERLINE OF THE NORTH SOUTH ALLEY IN BLOCKS 96 AND 95 HARRISON'S ADDITION; THENCE NORTHERLY ALONG THE SAID EXTENSION AND ALONG THE SAID CENTERLINE TO THE CENTERLINE OF MULBERRY STREET; THENCE EASTERLY ALONG THE CENTERLINE OF MULBERRY STREET TO THE CENTERLINE OF HOWES STREET; THENCE NORTHERLY TO THE INTERSECTION OF HOWES STREET AND MAGNOLIA STREET;THENCE WESTERLY ALONG SAID CENTERLINE TO THE INTERSECTION OF MAGNOLIA STREET AND MELDRUM STREET; THENCE SOUTHERLY ALONG SAID CENTERLINE TO THE INTERSECTION OF MELDRUM STREET AND MULBERRY STREET; THENCE WESTERLY ALONG SAID CENTERLINE TO THE INTERSECTION OF MULBERRY STREET AND WHITCOMB STREET; THENCE NORTHERLY ALONG SAID CENTERLINE TO THE INTERSECTION OF WHITCOMB STREET AND MAGNOLIA STREET;THENCE EASTERLY ALONG SAID CENTERLINE TO THE INTERSECTION OF MAGNOLIA STREET, SHERWOOD STREET, AND CANYON AVENUE;THENCE NORTHEASTERLY ALONG THE CENTERLINE OF CANYON AVENUE TO THE INTERSECTION OF SAID CENTERLINE AND THE LOT LINE BETWEEN LOT 5 AND LOT 6 OF BLOCK 83 EXTENDED; THENCE NORTHWESTERLY ALONG SAID LOT LINE 123.1 FEET;THENCE NORTHWESTERLY 86 FEET TO A POINT 50 FEET EASTERLY FROM THE NORTHWEST CORNER OF BLOCK 83; THENCE NORTHERLY 50 FEET TO THE CENTERLINE OF OLIVE STREET; THENCE EASTERLY TO THE INTERSECTION OF THE CENTERLINE OF OLIVE STREET, AND THE EXTENSION OF CENTERLINE OF ALLEY IN BLOCK 82; THENCE NORTHERLY ALONG ALLEY CENTERLINES THROUGH BLOCKS 82,81,TO THE CENTERLINE OF MOUNTAIN AVENUE;THENCE WESTERLY ALONG SAID CENTERLINE TO THE INTERSECTION OF SAID CENTERLINE AND CENTERLINE OF SHERWOOD STREET; THENCE NORTHERLY ALONG SAID CENTERLINE TO THE INTERSECTION OF A LINE 1-1/2 FEET NORTH OF THE NORTH LINE OF LOT 14, BLOCK 51 AND THE CENTERLINE OF SHERWOOD STREET; THENCE EASTERLY ALONG THE SAID LINE 1-1/2 FEET NORTH OF SAID LOT 14 TO THE CENTERLINE OF THE NORTH- SOUTH ALLEY IN BLOCK 51; THENCE SOUTHERLY TO THE INTERSECTION OF ALLEY CENTERLINE AND NORTH LOT LINE OF LOT 5, BLOCK 51 EXTENDED;THENCE EASTERLY ALONG SAID LOT LINE TO THE CENTERLINE OF MELDRUM STREET;THENCE NORTHERLY ALONG SAID CENTERLINE TO THE SOUTHERLY RIGHT-OF-WAY LINE OF THE COLORADO AND SOUTHERN RAILROAD; THENCE NORTHWESTERLY, ALONG SAID RIGHT-OF-WAY LINE,TO THE CENTERLINE OF SHERWOOD STREET; THENCE NORTHERLY ON SAID CENTERLINE TO THE INTERSECTION OF ELM STREET AND SHERWOOD STREET; THENCE EASTERLY ALONG THE NORTH LINE OF BLOCKS 55,45, AND 35 TO THE NORTHEAST CORNER OF BLOCK 35; THENCE NORTHERLY TO THE -5- NORTHWEST CORNER OF BLOCK 26; THENCE EASTERLY ALONG THE NORTH LINE OF BLOCK 26,TO THE CENTERLINE OF COLLEGE AVENUE; THENCE CONTINUING EASTERLY ALONG THE CENTERLINE OF VINE DRIVE TO A POINT ON THE EAST LINE OF THE WEST 1/2 OF SECTION 12; THENCE NORTHERLY TO THE NORTH 1/4 CORNER OF SECTION 12,T7N, R69W OF THE SIXTH P.M.; THENCE(CONSIDERING THE SOUTH LINE OF THE SOUTHEAST 1/4 OF SECTION 1 TOWNSHIP 7 NORTH RANGE 69 WEST AS BEARING S89058'19"E AND WITH THE FOLLOWING BEARINGS CONTAINED HEREIN RELATIVE THERETO) SOUTHERLY ALONG THE EAST LINE OF THE WEST 1/2 OF SAID SECTION 12,S00007'56"W 46.77 FEET TO A POINT ON THE EXISTING NORTH RIGHT-OF-WAY LINE OF EAST VINE DRIVE; THENCE ALONG SAID EXISTING NORTH RIGHT-OF-WAY- LINE, N88018'14"E 602.54 FEET TO THE SOUTHEAST CORNER OF LOT 1, LARIMER COUNTY SHOPS MINOR SUBDIVISION; THENCE ALONG THE EASTERLY LINE OF SAID LARIMER COUNTY SHOPS MINOR SUBDIVISION, N01016'55"W 208.11 FEET, AND AGAIN S85023'42"W 65.98 FEET,AND AGAIN N55034'00"W 253.90 FEET,AND AGAIN N18051'00"E 34.17 FEET,AND AGAIN N73033'44"E 105.85 FEET,AND AGAIN N 12°50'18"E 71.56 FEET,AND AGAIN N 10020'00"W 42.66 FEET,AND AGAIN N41°50'00"W 84.01 FEET, AND AGAIN N51015'00"W 193.28 FEET, AND AGAIN N67026'23"W 74.87 FEET;THENCE NI8°50'30"E 108.60 FEET;THENCE N89°59'1YE 1484.20 FEET TO A POINT ON THE WEST LINE OF ALTA VISTA SUBDIVISION; THENCE ALONG SAID WEST LINE, S00°00'00"E 533.86 FEET TO THE SOUTHWEST CORNER OF SAID ALTA VISTA SUBDIVISION; THENCE ALONG THE SOUTH LINE OF SAID ALTA VISTA SUBDIVISION, N86047'41"E 140.22 FEET,AND AGAIN N80004'26"E 40.61 FEET,AND AGAIN N87042'34"E 125.10 FEET,AND AGAIN N70002'35"E 120.45 FEET TO A POINT ON THE EXISTING WESTERLY RIGHT-OF-WAY OF ALTA VISTA STREET AS RECORDED IN THE LARIMER COUNTY RECORDS IN BOOK 2024 AT PAGE 845; THENCE ALONG SAID EXISTING WESTERLY RIGHT-OF-WAY LINE, S67039'55"E 180.15 FEET, AND AGAIN S00001'55"E 244.97 FEET TO A POINT ON THE EXISTING NORTH RIGHT-OF-WAY LINE OF EAST VINE DRIVE; THENCE ALONG SAID EXISTING NORTH RIGHT-OF-WAY LINE, N880 18'14"E 341.16 FEET TO A POINT ON THE EXISTING WEST RIGHT-OF- WAY LINE OF NORTH LEMAY AVENUE;THENCE ALONG SAID EXISTING WEST RIGHT-OF-WAY LINE,S00°O1'59"E 581.65 FEET TO THE SOUTHEAST CORNER OF TRACT A, EAST VINE STREETS FACILITY P.U.D.; THENCE ALONG THE SOUTH LINE OF SAID EAST VINE STREETS FACILITY P.U.D., S88018'24"W 20.03 FEET TO THE NORTHEAST CORNER OF LOT 2, NEW BELGIUM BREWERY THIRD FILING;THENCE ALONG THE EAST LINE OF SAID LOT 2, S00001'59"E 805.42 FEET TO A POINT ON THE EXISTING SOUTH RIGHT-OF-WAY LINE OF BUCKINGHAM STREET;THENCE ALONG THE SOUTH RIGHT OF WAY TO THE EAST LINE OF LOT 2 OF THE SECOND REPLAT OF NORTH LEMAY SUBDIVISION SECOND FILING; THENCE SOUTHERLY ALONG THE SAID EAST LINE,TO THE SOUTH LINE OF THE SAID LOT 2; THENCE WESTERLY ALONG THE SOUTH LINE OF -6- THE SAID LOT 2 TO THE WEST LINE OF THE SAID LOT 2; THENCE NORTHERLY ALONG THE SAID WEST LINE TO THE SAID SOUTH RIGHT OF WAY OF BUCKINGHAM STREET,- THENCE WESTERLY ALONG THE SAID SOUTH RIGHT OF WAY TO THE EAST LINE OF THE PLAT OF VANWORKS SUBDIVISION SECOND FILING; THENCE SOUTHERLY ALONG THE SAID EAST LINE TO THE SOUTHERLY LINE OF THE SAID VANWORKS SUBDIVISION SECOND FILING;THENCE WESTERLY AND NORTHERLY ALONG THE SAID SOUTHERLY LINE OF THE VANWORKS SUBDIVISION SECOND FILING TO THE WEST LINE OF THE SAID SUBDIVISION; THENCE NORTHERLY ALONG THE SAID WEST LINE AND ITS EXTENSION, TO THE NORTHEAST CORNER OF LOT 23, REPLAT OF NORTH LEMAY SUBDIVISION, SECOND FILING; THENCE ALONG THE NORTH LINE OF SAID LOT 23,TO THE NORTHWEST CORNER OF SAID LOT 23; THENCE SOUTHEASTERLY ALONG THE SOUTHWESTERLY LINE OF SAID LOT 23 AND ALONG THE SOUTHWESTERLY LINE OF LOT 3, VANWORKS SUBDIVISION SECOND FILING TO THE WEST LINE OF THE SAID VANWORKS SUBDIVISION SECOND FILING; THENCE SOUTHERLY ALONG THE SAID WEST LINE AND ITS SOUTHERLY EXTENSION,TO THE NORTHEAST CORNEROF LOT 2, PATRICK SUBDIVISION FIRST FILING; THENCE ALONG THE NORTH LINE OF THE SAID LOT 2 AND ITS WESTERLY EXTENSION, TO A POINT ON THE EXISTING EAST RIGHT-OF-WAY LINE OF THIRD STREET; THENCE NORTHERLY ALONG SAID EXISTING EAST RIGHT-OF-WAY LINE, TO A POINT ON THE EXISTING SOUTH RIGHT-OF-WAY LINE OF BUCKINGHAM STREET;THENCE WESTERLY ALONG THE SAID EXISTING SOUTH RIGHT-OF-WAY LINE TO A POINT ON THE EAST LINE OF THE WEST 1/2 OF SAID SECTION 12;THENCE SOUTHERLY ALONG THE EAST LINE OF THE WEST 1/2 OF SAID SECTION 12 TO THE WESTERLY PROLONGATION OF THE NORTH RIGHT OF WAY OF EAST LINCOLN AVENUE; THENCE ALONG THE SAID NORTH RIGHT OF WAY OF EAST LINCOLN AVENUE, EASTERLY TO THE SOUTHWEST CORNER OF LOT 2, ODELL BREWING COMPANY SUBDIVISION; THENCE NORTHERLY ALONG THE WEST LINE OF SAID LOT 2, TO THE NORTHWEST CORNER OF THE SAID LOT 2;THENCE ALONG THE NORTH LINE OF THE SAID LOT 2 AND ALONG THE NORTH LINE OF LOT 1, ODELL BREWING COMPANY SUBDIVISION, EASTERLY TO THE NORTHEAST CORNER OF THE SAID LOT 1;THENCE ALONG THE EAST LINE OF THE SAID LOT 1,SOUTHERLY TO THE SOUTHEAST CORNER OF THE SAID LOT I AND TO THE SAID NORTH RIGHT OF WAY OF EAST LINCOLN AVENUE; THENCE CONTINUING ALONG THE SAID NORTH RIGHT OF WAY OF EAST LINCOLN AVENUE, EASTERLY TO THE WEST LINE OF LOT 2 OF THE- REPLAT OF NORTH LEMAY SUBDIVISION SECOND FILING; THENCE NORTHERLY ALONG THE SAID WEST LINE TO THE NORTH LINE OF THE SAID LOT 2;THENCE EASTERLY ALONG THE NORTH LINE OF LOT 2 AND ALONG THE NORTH LINE OF LOT 3 OF THE REPLAT OF NORTH LEMAY -7- SUBDIVISION TO THE WESTERLY RIGHT OF WAY OF LEMAY AVENUE; THENCE SOUTHERLY ALONG THE SAID WESTERLY RIGHT OF WAY TO THE SAID NORTHERLY RIGHT OF WAY OF EAST LINCOLN AVENUE; THENCE EASTERLY ALONG THE SAID NORTH RIGHT OF WAY TO THE NORTHERLY PROLONGATION OF THE EASTERLY RIGHT OF WAY OF SOUTH LEMAY AVENUE; THENCE ALONG THE SAID EASTERLY RIGHT OF WAY OF SOUTH LEMAY AVENUE,SOUTHERLY TO THE SOUTHWEST CORNER OF THE BUFFALO RUN APARTMENTS P.U.D.; THENCE (CONSIDERING THE WEST LINE OF THE SOUTH WEST QUARTER OF SAID SECTION 7 TOWNSHIP 7 NORTH RANGE 69 WEST, AS BEARING NORTH 00 DEGREES 34 MINUTES 55 SECONDS EASTAND WITHTHE FOLLOWING BEARINGS CONTAINED HEREIN RELATIVE THERETO),RUNNING ALONG THE SOUTH LINE OF SAID BUFFALO RUN APARTMENTS P.U.D. THE NEXT FIVE (5) COURSES: l) NORTH 72 DEGREES 53 MINUTES 48 SECONDS EAST, A DISTANCE OF 93.02 FEET; 2) ALONG THE ARC OF A 465.50 FOOT RADIUS CURVE TO THE RIGHT THROUGH A CENTRAL ANGLE OF 38 DEGREES 32 MINUTES 55 SECONDS,AN ARC DISTANCE OF 313.19 FEET HAVING A CHORD BEARING OF SOUTH 87 DEGREES 49 MINUTES 44 SECONDS EAST, A DISTANCE OF 307.32 FEET; 3) SOUTH 68 DEGREES 33 MINUTES 17 SECONDS EAST, A DISTANCE OF 498.09 FEET; 4) ALONG THE ARC OF A 134.50 FOOT RADIUS CURVE TO THE LEFT THROUGH A CENTRAL ANGLE OF 34 DEGREES, 58 MINUTES 05 SECONDS; AN ARC DISTANCE OF 82.09 FEET, HAVING A CHORD BEARING OF SOUTH 86 DEGREES 02 MINUTES 19 SECONDS EAST, A DISTANCE OF 80.82 FEET; 5) NORTH 80 DEGREES 27 MINUTES 41 SECONDS EAST, ALONG SAID SOUTH LINE AND ITS EASTERLY EXTENSION, A DISTANCE OF 114.77 FEET TO THE WEST LINE OF THAT TRACT OF LAND DESCRIBED AT RECEPTION NO. 89022270; THENCE SOUTH 00 DEGREES 38 MINUTES 00 SECONDS WEST ALONG SAID WEST LINE A DISTANCE OF 679.49 FEET; THENCE SOUTH 89 DEGREES 23 MINUTES 00 SECONDS WEST A DISTANCE OF 120.53 FEET; THENCE SOUTH 00 DEGREES 24 MINUTES 00 SECONDS WEST A DISTANCE OF 921.52 FEET; THENCE NORTH 89 DEGREES 38 MINUTES 00 SECONDS WEST A DISTANCE OF 205.59 FEET; THENCE SOUTH 00 DEGREES 22 MINUTES 00 SECONDS WEST A DISTANCE OF 136.39 FEET; THENCE NORTH 89 DEGREES 38 MINUTES 00 SECONDS WEST A DISTANCE OF 60.00 FEET;THENCE SOUTH 00 DEGREES 22 MINUTES 00 SECONDS WEST, A DISTANCE OF 208.73 FEET TO A POINT ON THE NORTH LINE OF COLORADO HIGHWAY 14, AND A POINT ON A NON- TANGENT CURVE TO THE LEFT, THENCE RUNNING ALONG SAID NORTH LINE THE NEXT TWO (2) COURSES; 1) ALONG THE ARC OF A CURVE TO THE LEFT THROUGH A CENTRAL ANGLE OF 00 DEGREES 04 MINUTES 18 SECONDS HAVING A RADIUS OF 11,585 FEET, AN ARC DISTANCE OF 14.48 FEET, A CHORD BEARING OF NORTH 89 DEGREES 33 MINUTES 00 SECONDS WEST, A DISTANCE OF 14.48 FEET; 2) NORTH 89 DEGREES 38 MINUTES 00 SECONDS WEST A DISTANCE OF 645.85 FEET TO THE INTERSECTION -8- OF SAID NORTH LINE AND THE EAST RIGHT OF WAY LINE OF SOUTH LEMAY AVENUE; THENCE CONTINUING ALONG THE SAID NORTH RIGHT OF WAY OF EAST MULBERRY STREET, WESTERLY TO THE WESTERLY RIGHT OF WAY OF THE SAID SOUTH LEMAY AVENUE; THENCE ALONG THE SAID WESTERLY RIGHT OF WAY OF SOUTH LEMAY AVENUE, NORTHERLY TO THE SOUTH RIGHT OF WAY OF THE SAID EAST LINCOLN AVENUE;THENCE ALONG THE SAID SOUTH RIGHT OF WAY OF EAST LINCOLN AVENUE, WESTERLY TO THE EAST LINE OF THE PLAT OF IN-SITU SUBDIVISION AS RECORDED FEBRUARY 6,2004 AT RECEPTION NO. 20040011665 RECORDS OF THE CLERK AND RECORDER OF LARIMER COUNTY; THENCE ALONG THE EAST LINE OF THE SAID IN-SITU SUBDIVISION SOUTHERLY, WESTERLY AND SOUTHERLY TO THE SOUTH LINE OF THE SAID IN-SITU SUBDIVISION; THENCE ALONG THE SOUTH LINE OF THE SAID IN-SITU SUBDIVISION TO THE WEST LINE OF THE SAID IN-SITU SUBDIVISION;THENCE ALONG THE SAID WEST LINE OF THE IN-SITU SUBDIVISION, NORTHERLY TO THE SAID SOUTH RIGHT OF WAY OF EAST LINCOLN AVENUE; THENCE ALONG THE SAID SOUTH RIGHT OF WAY, WESTERLY TO THE SOUTHWESTERLY BANK OF THE CACHE LA POUDRE RIVER; THENCE ALONG THE SAID SOUTHWESTERLY BANK OF THE RIVER, SOUTHEASTERLY TO THE INTERSECTION WITH THE SAID EAST LINE OF WEST 1/2 OF SECTION 12;THENCE ALONG THE SAID EAST LINE OF THE WEST 1/2 OF SECTION 12, SOUTHERLY TO THE NORTHERLY RIGHT-OF- WAY OF RIVERSIDE AVENUE AS ORIGINALLY PLATTED; THENCE SOUTHEASTERLY ALONG SAID NORTHERLY RIGHT OF WAY, TO THE SOUTHERLY RIGHT-OF-WAY OF MULBERRY STREET; THENCE WESTERLY ALONG SAID SOUTHERLY RIGHT-OF-WAY TO THE WESTERLY RIGHT-OF-WAY OF RIVERSIDE AVENUE; THENCE NORTHWESTERLY ALONG SAID WESTERLY RIGHT-OF-WAY TO THE SOUTHERLY RIGHT-OF-WAY OF MOUNTAIN AVENUE; THENCE WESTERLY ALONG SAID SOUTHERLY RIGHT-OF-WAY TO THE PROPERTY LINE BETWEEN LOTS 3 AND 4 OF BLOCK 141; THENCE SOUTHERLY ALONG SAID LOT LINE TO THE CENTER OF THE ALLEY IN BLOCK 141; THENCE WESTERLY ALONG CENTER OF SAID ALLEY TO A POINT 20 FEET WEST OF THE NORTHEAST CORNER OF LOT 17, BLOCK 141; THENCE SOUTHERLY ALONG A LINE PARALLEL TO AND 20 FEET WESTERLY FROM THE EAST LINE OF SAID LOT 17,AND ITS SOUTHERLY EXTENSION, TO THE SOUTH RIGHT OF WAY OF EAST OAK STREET; THENCE EASTERLY ALONG THE SAID SOUTH RIGHT OF WAY TO THE WEST RIGHT OF WAY OF PETERSON STREET; THENCE SOUTHERLY ALONG THE SAID WEST RIGHT OF WAY TO THE NORTH RIGHT OF WAY OF EAST OLIVE STREET;THENCE WESTERLY ALONG THE SAID NORTH RIGHT OF WAY TO THE EAST RIGHT OF WAY OF MATHEWS STREET; THENCE NORTHERLY ALONG THE SAID EAST RIGHT OF WAY TO THE CENTERLINE OF EAST OAK STREET; THENCE WESTERLY ALONG THE CENTERLINE OF OAK STREET TO THE INTERSECTION OF SAID -9- CENTERLINE AND THE EXTENSION OF THE CENTERLINE OF AN ALLEY IN BLOCK 132;THENCE SOUTHERLY ALONG THE CENTERLINE OF SAID ALLEY TO A POINT OPPOSITE THE NORTH LINE OF LOT 5; THENCE EASTERLY ALONG THE NORTH LINE OF LOT 5 TO THE CENTER OF MATHEWS STREET; THENCE SOUTHERLY ALONG THE CENTER OF MATHEWS STREET TO A POINT OPPOSITE THE SOUTH LINE OF LOT 5; THENCE WESTERLY ALONG THE SOUTH LINE OF LOT 5 TO THE CENTERLINE OF THE NORTH-SOUTH ALLEY IN BLOCK 132; THENCE SOUTHERLY ALONG SAID ALLEY TO A POINT 10 FEET SOUTH OF THE NORTHWEST CORNER OF LOT 2;THENCE EASTERLY AND PARALLEL TO THE NORTH LINE OF LOT 2 TO THE CENTERLINE OF MATHEWS STREET; THENCE SOUTHERLY ALONG THE CENTERLINE OF MATHEWS STREET TO THE CENTERLINE OF OLIVE STREET; THENCE EAST ALONG THE CENTERLINE TO A POINT OPPOSITE THE EAST LINE OF LOT 8, BLOCK 143;THENCE SOUTH TO THE CENTERLINE OF THE EAST WEST ALLEY IN BLOCK 143;THENCE WEST TO THE CENTERLINE OF MATHEWS STREET; THENCE SOUTH TO A POINT OPPOSITE THE SOUTH LINE OF LOT 4, BLOCK 133; THENCE WESTERLY ALONG THE SOUTH LINE OF LOT 4 TO THE CENTERLINE OF THE NORTH-SOUTH ALLEY IN BLOCK 133;THENCE NORTHERLY ALONG SAID ALLEY TO THE CENTERLINE OF EAST OLIVE STREET; THENCE WESTERLY TO THE INTERSECTION OF EAST OLIVE STREET AND REMINGTON STREET; THENCE SOUTHERLY ALONG SAID CENTERLINE TO A POINT OPPOSITE THE NORTH LINE OF LOT 15,BLOCK 133; THENCE EASTERLY ALONG THE NORTH LINE OF LOT 15 TO THE CENTERLINE OF THE NORTH-SOUTH ALLEY IN BLOCK 133; THENCE SOUTHERLY ALONG SAID ALLEY TO THE CENTERLINE OF EAST MAGNOLIA STREET; THENCE WESTERLY TO THE INTERSECTION OF EAST MAGNOLIA STREET AND REMINGTON STREET; THENCE SOUTHERLY ALONG SAID CENTERLINE TO THE INTERSECTION OF REM[NGTON STREET AND MULBERRY STREET; THENCE WESTERLY ALONG THE CENTERLINE OF MULBERRY STREET TO THE INTERSECTION OF THE EXTENSION OF THE CENTERLINE OF THE ALLEY IN BLOCK 125; THENCE SOUTHERLY ON CENTERLINES OF ALLEYS THROUGH BLOCKS 125 AND 126 TO THE CENTERLINE OF LAUREL STREET; THENCE WESTERLY ON SAID CENTERLINE TO THE POINT OF BEGINNING. REVISED MARCH 27, 2009 Section 3. That the Plan of Development is hereby amended by the City Council so as to delete the legal description for the Downtown Development Authority boundary contained on page 3 thereof, and to substitute therefor the legal description contained in Section 2 of this Ordinance. 10- Introduced, considered favorably on first reading, and ordered published this 21st day of April, A.D. 2009, and to be presented for final passage on the 5t ay, f May, A.D. 2009. r Mayor ' ATTEST: City Clerk Passed and adopted on final reading on the 5th day of May, A.D. 2009. Mayor ATTEST: City Clerk -ll-