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HomeMy WebLinkAboutCOUNCIL - SUMMARY AGENDA - 06/09/2009 - SUMMARY AGENDA (ADJOURNED MEETING) COUNCILCity of F6rt Collins CITY D , Doug Hutchinson, Mayor Council Chambers Kelly Ohlson, District 5, Mayor Pro Tern City Hall West Ben Manvel, District 1 300 LaPorte Avenue Lisa Poppaw, District 2 Fort Collins, Colorado Aislinn Kottwitz, District 3 6 p.m. Wade Troxell, District 4 Cablecast on City Cable Channel 14 David Roy, District 6 on the Comcast cable system Darin Atteberry, City Manager Steve Roy, City Attorney Wanda Krajicek, City Clerk The City of Fort Collins will make reasonable accommodations for access to City services, programs, and activities and will make special communication arrangements for persons with disabilities. Please call 221-6515 (TDD 224- 6001)for assistance. ADJOURNED MEETING June 9, 2009 1. Call Meeting to Order. 2. Roll Call. 3. Items Relating to Grants from the Federal Aviation Administration to the Fort Collins- Loveland Airport. A. Resolution 2009-057 Authorizing the Execution of the 2009 Grant Agreement with the Federal Aviation Administration for Improvements to Construct I New Taxiway to be Known as the "Echo Taxiway" and to Improve Other Taxiways at the Fort Collins-Loveland Municipal Airport. B. Resolution 2009-058 Authorizing the Execution of a Stimulus Grant Agreement with the Federal Aviation Administration for Improvements to the Alpha Taxiway at the Fort Collins-Loveland Municipal Airport. Resolution 2009-057 authorizes the execution of a FAA grant in the amount of $675,379. This grant provides the remaining amount of the $1 million of entitlement funds the Airport will receive this federal fiscal year. In February 2009, the Cities accepted the frrsi installment of the $1 million in the amount of$324,621. Resolution 2009-058 authorizes the execution of a FAA grant in the amount of$556,797 and is funded through the American Recovery and Reinvestment Act of 2009 ("ARRA"). This grant covers 100% of the project costs and therefore does not require any local funding. 4. Second Reading of Ordinance No. 053, 2009, Appropriating Funds From the City's General Fund Reserves for Transfer to the Fort Collins Urban Renewal Authority for the Purpose of Providing a Loan for the Rocky Mountain Innovation Initiative Project. Ordinance No. 053, 2009, unanimously adopted on First Reading on May 12, 2009, authorizes a loan, as authorized by City Council Resolution 2008-121, to the Urban Renewal Authority (URA) in the amount of$5,303,939. The loan will enable the URA to lend Rocky Mountain Innovation Initiative Properties, LLC (RMI2 Properties, LLC) the funds necessary to construct a new facility for the business incubation program. RM12 Properties, LLC is associated with the Rocky Mountain Innovation Initiative, which runs a successful science and technology incubation program on behalf of the City and other sponsors. Since the first reading of the RM12 item, the appraisal for the property has been completed by Shannon & Associates. The land appraisal evaluates the land "as-is" or raw land value, without development approvals or improvements. The appraisal places the current raw value of the property at $5.10 per square foot a reduction from the contract price of $8.00 per square foot or nearly $200,000 reduction on the purchase price. Therefore, the land purchase price needs to be re-negotiated or RMI2 Properties LLC will terminate the project. The UDP team is reviewing an offer from RMI2 properties that moves the building to the west side of the property and' provides additional buildable land. Assuming a mutually agreeable resolution can be achieved, RMI2 will either have a reduced land price or additional buildable land. An executed and revised contract will be complete by June 8, 2009. This contract will be provided in the "read before packet," along with a brief memo describing any pertinent changes. The contract between RMI2 and UDP does not involve the City or the URA but is part of the protection to the City through the assignment of rights included with the loan agreement. 5. First Reading_ of Ordinance No. 071, 2009, Appropriating Funds Transferred from the Fort Collins Urban Renewal Authority Fund into the Capital Projects Fund for the North College Avenue and East Willox Lane Improvement Project. The Marketplace development is located on the northeast corner of North College Avenue and Willox Lane. It is a large commercial shopping center with a King Soopers grocery store anchor tenant. There will be significant, beneficial financial impacts to both the City and the Fort Collins Urban Renewal Authority from this project. On May 5, 2009, City Council adopted, on Second Reading, Ordinance No. 046, 2009, appropriating funds from the City's General Fund reserves for transfer to the Fort Collins Urban Renewal Authority for the purpose of providing a loan for the project. On April 21, 2009, the Fort Collins Urban Renewal Authority adopted URA Resolution No. 016. That resolution authorized the negotiation and execution of a loan agreement with the City for the project and authorized the transfer from the URA to a City Capital Projects account for the purpose of designing and constructing the improvements. On May 19, 2009, City Council adopted, on Second Reading, Ordinance No. 049, 2009, authorizing acceptance of the transfer of funds from the URA. However, this ordinance did not appropriate those funds. Because the URA and the City are separate legal entities, it is necessary for Council to appropriate the transferred funds. Ordinance No.071, 2009, accomplishes this. 6. Other Business. 7. Adjournment. a. Motion to adjourn to 6 p.m, Tuesday, June 23, 2009 (mid-year evaluations of the City Manager, City Attorney and Municipal Judge). City.of F6rt Collins CITY COUNCIL AGENDA Doug Hutchinson, Mayor Council Information Center Kelly Ohlson, District 5, Mayor Pro Tern City Hall West Ben Manvel, District 1 300 LaPorte Avenue Lisa Poppaw, District 2 Fort Collins, Colorado Aislinn Kottwitz, District 3 at the conclusion of the Adjourned Meeting Wade Troxell, District 4 Cablecast on City Cable Channel 14 David Roy, District 6 on the Comcast cable system Darin Atteberry, City Manager Steve Roy, City Attorney Wanda Krajicek, City Clerk The City of Fort Collins will make reasonable accommodations for access to City services, programs, and activities and will make special communication arrangements for persons with disabilities. Please call 221-6515 JDD 224- 6001)for assistance. WORK SESSION June 9, 2009 1. Call Meeting to Order. 2. Mountain Vista Subarea Plan Update. (1 hour discussion) The purpose of this work session item is to seek direction from Council on the update of the Mountain Vista Subarea Plan (Plan) prior to formal Council consideration on September 15, 2009. This discussion is a follow up to the previous Council work session, held on December 9, 2008. The update is needed to adjust and refine particular aspects of the Plan, while retaining the essential vision and policies. The centerpiece of the Plan is a map diagram titled the Framework Plan, which shows an integrated pattern of future land uses and a street network in a new sector of the City. This Plan update mostly involves adjustments to the Framework Plan. Current issues involve these following general topics: • Street network adjustments, especially the extension of realigned Vine Drive to Timberline Road • Land use designation adjustments • Coordination of the proposed street network and land use adjustments with affected property owners to serve existing and future land use • Costs street infrastructure, particularly costs related to the three grade-separated crossings • Costs of required regional drainage infrastructure in the subarea • A specific request for lower residential density on a particular property Over the past 14 months, the project team (staff and consultants) has facilitated an extensive public process involving area land owners, neighborhood interests, civic organizations, boards and commissions, City Council, and the general public. This process has explored the key issues and alternative solutions with supporting project team analysis. Throughout this process, the project team has worked towards developing a new Framework Plan map with corresponding information, to be reviewed at the work session. The Framework Plan map is the centerpiece of the Mountain Vista Subarea Plan, and this proposed 2009 version will be the basis for the complete Plan document update and revisions to the Master Street Plan, to be presented to Council on September 15, 2009. 3. North College Improvement Project Update: Phase II - Vine to Conifer. (45 minute discussion) The City has initiated the North College Avenue Improvements Project from Vine Drive north to the Hickory/Conifer intersection in accordance with the voter-approved Building on Basics (BOB) capital improvement program. Additional project funding has been secured by the City from the Colorado Department of Transportation (CDOT). The project schedule has been accelerated in response to requests from the North Fort Collins Business Association and area property/business owners. The purpose of this work session is to provide a project overview and status report for Council. 4. Economic Health/Financial Issues Update. (45 minute discussion) The overall economic goal for the City is to balance high quality economic development with quality community and environmental goals. The City has strong partnerships with diverse organizations, strategic marketing and promotion of the area to new and expanding businesses, and the City continues to focus on retaining and growing quality primary jobs while also focusing on retaining and building the retail sector. In 2009, the City has faced challenges such as broad economic slowdown, decrease in sales tax collections, decrease in use tax collections, and potential financing difficulties for developers. Recently, the City has reduced the General Fund by $5.6 million and Transportation Fund by another $4.5 million. Fort Collins is not immune to the global economic climate, yet we have economic strengths unique to our community. Fort Collins has a highly educated workforce, an innovative and globally-focused university, a supportive culture for entrepreneurs, and diverse industries. 2009 will also bring economic opportunities to Fort Collins. Colorado State University's focus on research and development and commercialization of research will nurture and expand start-ups that most likely will stay in Fort Collins. The City's collaboration with the Downtown Development Authority will result in new projects that benefit the whole community and differentiate Fort Collins from other regional communities. 5. Other Business. 6. Adjournment.