HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 05/05/2009 - SECOND READING OF ORDINANCE NO. 041, 2009, AUTHORI ITEM NUMBER: 14
AGENDA ITEM SUMMARY DATE: May 5, Zoos
FORT COLLINS CITY COUNCIL STAFF: Helen Matson
SUBJECT
Second Reading of Ordinance No. 041,2009,Authorizing the Lease of City-Owned Property at 400
Wood Street for up to Fifteen Years.
RECOMMENDATION
Staff recommends adoption of this Ordinance on Second Reading.
EXECUTIVE SUMMARY
This Ordinance, unanimously adopted on First Reading on April 21, 2009, authorizes the lease of
the building located at 400 Wood Street to Foothills Gateway for a five-year lease term, with the
option for two five-year renewal terms, in exchange for payment of nominal rent of$25 per year.
ATTACHMENTS
1. Copy of First Reading Agenda Item Summary - April 21, 2009.
(w/o original attachments)
ATTACHMENT
ITEM NUMBER: 17
AGENDA ITEM SUMMARY DATE: April 21, 2009
FORT COLLINS CITY COUNCIL
STAFF: Helen Matson
(( ` I I_11 � (//
SUBJECT kj) 1�
First Reading of Ordinance No. 041, 2009, Authorizing the Lease of City-Owned Property at 400
Wood Street for up to Fifteen Years.
RECOMMENDATION
Staff recommends adoption of the Ordinance on First Reading.
FINANCIAL IMPACT
The tenant will pay a nominal rent per year tot e City:..0 going building maintenance and
utility costs will be paid for by the ,e tenant.
EXECUTIVE SUMMARY ��/
This Ordinance authorizes the lease of the building located at 400 Wood Street to Foothills Gateway
for a five-year lease term,with the option for two five-year renewal terms, in exchange for payment
of nominal rent of$25 per year.
BACKGROUND
The building and lot at 400 Wood Street were acquired by the City of Fort Collins in 1980.
Community Development Block Grant ("CDBG") funding was used to purchase the lot and move
the building to its present location. Because of this,all tenants of this building must meet the criteria
of the national CDBG objective by serving a majority (51% or more) of low-moderate income
clients below 80% of Area Med(ia'a comme AM) I).
The current tenant, Foothills Gateway; was chosen through an 1RFP process. Gateway operates a
facility-based respite care for adults with deve opmental disabilities. The property is zoned NCM
which allows child care centers or adult day/respite care centers. Staff recommends that the City
Council authorize the City Manager to enter into a new Lease Agreement with Foothills Gateway.
ATTACHMENTS
1. Location Map
ORDINANCE NO. 041, 2009
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE LEASE OF CITY-OWNED PROPERTY
AT 400 WOOD STREET FOR UP TO FIFTEEN YEARS
WHEREAS,the City is the owner of the property legally described as Lots 25 and 26, Block
294, West Side Addition, Fort Collins, located at 400 Wood Street, Fort Collins, Colorado (the
"Property"); and
WHEREAS, the Property was purchased with Community Development Block Grant
("CDBG") funding; and
WHEREAS, on August 17, 2004, the City Council approved Ordinance No. 122, 2004,
authorizing the lease of the Property in a manner consistent with CDBG objectives; and
WHEREAS, Foothills Gateway, Inc., has leased the property for the past five years for the
principal purpose of providing relief to Larimer County parents and host families of adults with
developmental disabilities; and
WHEREAS, City staff wishes to continue to lease the Property to Foothills Gateway for up
to fifteen more years; and
WHEREAS, Foothills Gateway's use of the City Property has advanced important human
services objectives of the City and CDBG by benefitting low-income residents of Fort Collins; and
WHEREAS,the proposed lease agreement would provide for a five-year lease term with the
option of two five-year renewal terms,in exchange for payment of nominal rent in the amount of$25
per year and compliance with certain conditions and restrictions to be set forth therein;
WHEREAS,pursuant to Section 23-1 l 1(a)of the City Code,the City Council is authorized
to sell, convey or otherwise dispose of any and all interests in real property owned in the name of
the City, provided that the City Council first finds, by ordinance, that such sale or other disposition
is in the best interests of the City.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the proposed lease of the Property at 400 Wood Street to Foothills
Gateway, Inc., is in the best interests of the City.
Section 2. That the City Manager is hereby authorized to execute a lease agreement for
the Property, consistent with the terms of this Ordinance, together with such additional terms and
conditions as the City Manager, in consultation with the City Attorney, deems necessary and
appropriate to protect the interests of the City or to effectuate the purposes of this Ordinance,
including, but not limited to,any necessary changes to the legal description of the Property,so long
as such changes do not materially increase the size or change the character of the property to be
leased.
Introduced, considered favorably on first reading, and ordered published this 21 st day of
April, A.D. 2009, and to be presented for final passage on the 5 a of May, A.D. 2009.
Mayor
ATTEST:
)"L N IA Z'A
City Clerk
Passed and adopted on final reading on the 5th day of May, A.D. 2009.
Mayor
ATTEST:
City Clerk