Loading...
HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 04/20/2010 - RESOLUTION 2010-021 APPROVING AN INTERIM AGREEMENT DATE: April 20, 2010 I STAFF: J.R. Schnelzer • ' • • SUBJECT Resolution 2010-021 Approving an Interim Agreement Among the City, the Downtown Development Authority, the Downtown Business Association, and Progressive Old Town Square Limited Liability Company, Regarding the Maintenance and Management of Old Town Plaza. EXECUTIVE SUMMARY This interim agreement between the City of Fort Collins, the Downtown Development Authority, the Downtown Business Association and Progressive Old Town Square Limited Liability Company supersedes certain provisions in an agreement from 1993 and a subsequent interim agreement dated July 13, 2005, for the maintenance and management of the Old Town Plaza. BACKGROUND / DISCUSSION The Old Town Plaza was developed in 1983-84 by a private developer to enhance the businesses in the Old Town area and provide a walking mall for shoppers.The Downtown Development Authority(DDA)is the owner of this public plaza. In July 1993, Resolution 1993-161 approved an agreement between the City of Fort Collins, the Downtown Development Authority and the Fort Collins Old Town Limited Liability Company(FCOT) regarding the maintenance and management of Old Town Plaza and establishing a payment in lieu of taxes in the event the City did not receive a specified minimum tax increment from FCOT. On October 29, 1993, the City, DDA and Progressive Old Town Square Limited Liability Company (POTS), successor in interest to FCOT, entered into an agreement pursuant to Resolution 1993-161. The agreement was for a period of 25 years, with two ten-year extension periods. Two amendments to the October 29, 1993 agreement have been made. One amendment concerned the provision of electrical energy supply to lights and signs, dated May 20, 1994. The other amendment, dated August 14, 2000, provided certain payments for enhanced maintenance and capital improvements for Old Town Plaza. On July 13, 2005, the City, DDA and POTS entered into an "Interim Agreement" redefining and modifying the roles, responsibilities and financial commitments of each of the parties with regard to the use, operation, maintenance and repair of Old Town Plaza and adjacent rights-of-way. The Interim Agreement was for a one-year term while the parties worked on a new permanent agreement to replace the 1993 agreement. The parties have not yet been able to negotiate a new permanent agreement and now wish to enter into a "Second Interim Agreement" to modify each parry's responsibilities for Old Town Plaza and adjacent rights-of-way. The City, DDA and POTS will each contribute funds for maintenance and repair work,which will be performed by the City. This Second Interim Agreement will expire December 31, 2011, or sooner, if the parties complete a new permanent agreement. The Second Interim Agreement would also add the Downtown Business Association as a party because of the DBA's role in the management of Old Town Plaza. FINANCIAL IMPACT Under the terms of the Second Interim Agreement,the DDAwill pay the City$58,931 annually as its share of the City's costs for maintaining Old Town Square and the adjacent rights-of-way. POTS will contribute$4,500 per month, and the City's share will be $58,931 per year. These amounts will be adjusted annually based on the Consumer Price Index. April 20, 2010 -2- ITEM 14 SUSTAINABILITY: ECONOMIC, ENVIRONMENTAL AND SOCIAL IMPACTS • Economic Impact: The continuation of this amended agreement will provide for the economic stability and aesthetic qualities of the downtown core shopping area. Environmental Impact: The current environment of the Old Town Plaza is developed around high intensity use, consisting of raised planter beds, concrete water structure and hardscape consisting of pavers.The proposed interim agreement will maintain the integrity of the hard surfaces by periodic power washing where all reclaimed water is captured. Flower beds will be installed and maintained utilizing annual planting and backed up with perennial plants. Watering will be determined by the weather and temperature with the desired result to meet 90% of required evaporative transport. Fertilization will conform with stainable practices utilizing organic material as much as possible. Staff in the core area will utilize a bicycle mode of transportation for the majority of the daily work. STAFF RECOMMENDATION Staff recommends adoption of the Resolution. ATTACHMENTS 1. Second Interim Agreement ATTACHMENT 1 SECOND INTERIM AGREEMENT THIS SECOND INTERIM AGREEMENT is made and entered into this day of , 20 , by and between the CITY OF FORT COLLINS , COLORADO, a municipal corporation (the "CITY"), the FORT COLLINS , COLORADO, DOWNTOWN DEVELOPMENT AUTHORITY, a body corporate and politic (the "DDA"), PROGRESSIVE OLD TOWN SQUARE, LLC, a Colorado limited liability company ( "POTS "), and the FORT COLLINS , COLORADO, DOWNTOWN BUSINESS ASSOCIATION, a Colorado nonprofit corporation, (the "DBA") . WITNESSETH : WHEREAS , POTS is the owner of certain real property located in Old Town in the City of Fort Collins, Larimer County, Colorado, more particularly described on Exhibit "A," attached hereto and incorporated herein by this reference (the "Private Parcel ") ; and WHEREAS , the DDA is the owner of certain real property also located in Old Town in the City of Fort Collins, Larimer County, Colorado, more particularly described on Exhibit "B," attached hereto and incorporated herein by this reference ( "Old Town Plaza") ; and WHEREAS , the City is the owner of certain rights-of-way adjacent to and abutting both the Private Parcel and the Old Town Plaza including Trimble Court Alley, as depicted on Exhibit "C," attached hereto and incorporated herein by this reference, as well as Tenney Court Alley, located northeast of the intersection of College Avenue and Mountain Avenue (referred to hereinafter collectively as the "Rights-of-Way") ; and WHEREAS , on July 5 , 1983 , the DDA and Old Town Associates Ltd. , POTS ' predecessor in title, entered into an agreement (the "Implementation Agreement") for the development of the Private Parcel and the Old Town Plaza (referred to hereinafter collectively as the "Project") which set forth the duties and responsibilities of each party in connection with the Project; and WHEREAS , on October 29, 1993 , the DDA, POTS and the CITY entered into an agreement which superceded the Implementation Agreement and which set forth the rights and obligations of each party in connection with the Project and the Rights-of-Way, which agreement is referred to herein as the " 1993 Agreement"; and WHEREAS , two amendments to the 1993 Agreement have been executed, one dated May 20, 1994, concerning the provision of electrical energy supply to the lights, signs and appurtenant outlets for the Rights-of-Way and the other dated August 14, 2000, which provided for certain payments for enhanced maintenance and capital improvements for the Old Town Plaza, and a further agreement was executed on July 24, 1997 , related to the use of Larimer County Enterprise Zone Monies in connection with the Old Town Plaza (the two amendments and the 1997 agreement collectively referred to hereinafter as the "Additional Agreements"); and Second Interim Agreement.FIN AL.01 .28 . 10 1 WHEREAS , in 2005 the City and DDA cooperated on a project to renovate and redevelop Tenney Court and Trimble Court alleys ; and WHEREAS , the DDA, POTS and the CITY intend in the near future to restructure their rights and obligations in connection with the Old Town Plaza and the Rights-of-Way and to memorialize their understanding in a new agreement or agreements intended to supercede the 1993 Agreement and the Additional Agreements in order to provide for public operation of the Old Town Plaza and a financing structure to ensure consistently high-quality maintenance, repair and renovation of it; and WHEREAS , the DDA, POTS and the CITY executed the Interim Agreement dated July 13 , 2005 (the "Interim Agreement"), which established certain rights and responsibilities of such parties in connection with the use, operation, maintenance and repair of the Old Town Plaza for the period ending on June 14, 2006, or until an agreement is executed by such parties permanently superceding the 1993 Agreement and the Additional Agreements (the "Permanent Agreement"), whichever first occurred; and WHEREAS, the Interim Agreement granted to the DDA the right to manage Old Town Plaza, including any right to grant licenses and concessions to vendors, to schedule use of Old Town Plaza by third parties in connection with vending, promotional activities or other private purposes, and the right to delegate such obligations to the DBA pursuant to the DDA's written agreement with the DBA regarding the same; and WHEREAS , while the Interim Agreement expired on June 14, 2006, in contemplation of this Second Interim Agreement and the future execution of the Permanent Agreement, the parties hereto have continued to perform their respective duties and obligations as verbally agreed among themselves ; and WHEREAS , the parties hereto desire to enter into this Second Interim Agreement for the purposes of acknowledging and ratifying the past performance of the parties from and after June 14, 2006, and to set forth the rights and obligations of the parties for a second interim period, as hereinafter described . NOW, THEREFORE, by and in consideration of the above premises and the within terms and conditions, the parties hereto agree as follows : 1 . 0 TERM 1 . 1 Initial Term. The term of this Second Interim Agreement shall be effective retroactively to June 15 , 2006, and shall continue through December 31 , 2010 . 1 . 2 Automatic Renewal . Unless the Permanent Agreement has been executed prior to December 31 , 2010, the term of this Second Interim Agreement shall automatically renew for an additional one ( 1 ) year period, commencing January 1 , 2011 , and continuing through December 31 , 2011 , subject to the early termination provision set forth in Section 1 . 3 below. Second Interim Agreement.FIN AL.01 .28. 10 2 1 . 3 Execution of Permanent Agreement. The provisions of 1 .2 above notwithstanding, any party hereto shall have the right to terminate this Second Interim Agreement after January 1 , 2011 , upon sixty (60) days ' prior written notice to the other parties hereto . If such termination occurs prior to the end of a calendar year during the term hereof, contributions by the parties hereto shall be prorated in accordance with the provisions of Sections 3 .2 .4 and 4. 0 hereof. 2 . 0 CITY RESPONSIBILITIES 2 . 1 Maintenance. During the Term of this Second Interim Agreement, subject to annual appropriation of sufficient funds therefor, the CITY shall be responsible for the maintenance of Old Town Plaza and the Rights-of-Way, and the repair and replacement of improvements thereon, as specifically set forth in the scope of services attached hereto as Exhibit "D" and incorporated herein by reference ("Scope of Services") . 2 .2 Ri is-of-Way. The City shall control the use of the Rights-of--Way in accordance with applicable state statutes and the Charter of the City of Fort Collins and the Fort Collins Municipal Code, including permitting and regulation of vending and concession operations within the Rights-of-Way, and regulation of First Amendment activities within the Rights-of--Way. 2 . 3 Utility Charges for Tenney Court Alley. The City shall be responsible during the term hereof for the cost of utilities for Tenney Court Alley. 3 . 0 FUNDING 3 . 1 DDA Payments/Contribution. . 3 . 1 . 1 Past Payments. The parties hereto acknowledge the following payments by the DDA to the CITY as its share of the costs of maintenance of Old Town Plaza and the Rights-of-Way, and the repair and replacement of improvements thereon, for calendar years 2005 through 2008 : (i) the sum of Twenty-nine Thousand Five Hundred Dollars ($29, 500. 00) for the period June 2005 through December 2005 ; (ii) the sum of Fifty-four Thousand Five Hundred Dollars ($ 54,500. 00) for calendar year 2006 ; (iii) the sum of Fifty-five Thousand Five Hundred Dollars ($55 ,500.00) for calendar year 2007 ; and (iv) the sum of Fifty-six Thousand Seven Hundred and Twenty-one Dollars ($ 56,721 .00) for calendar year 2008 . Second Interim Agreement.FINAL.01 .28. 10 3 3 . 1 .2 DDA Contribution. The DDA shall be obligated to make an annual contribution to the CITY in the amount of Fifty-eight Thousand Nine Hundred Thirty-One Dollars ($ 58 ,931 . 00) as its share of the annual cost to perform the Scope of Services, with such payment being due on or before June 30 of each year during the term hereof (the "DDA Contribution") . The parties hereto acknowledge the DDA ' s payment to the CITY of the DDA Contribution for calendar year 2009. Beginning with calendar year 2010, the DDA Contribution shall be annually adjusted to reflect changes in the consumer price index, in accordance with Section 7 hereof. 3 . 1 . 3 Limitation on DDA Contribution. All financial obligations of the DDA arising under this Second Interim Agreement that are payable after the 2009 fiscal year are expressly contingent upon funds for that purpose being annually appropriated, budgeted and otherwise made available by the City Council of the CITY, in its sole discretion, and/or the Board of Directors of the DDA, in its sole discretion, as applicable. 3 . 1 .4 DDA Direct Expenses. Maintenance, repair or replacement expenses described in the Scope of Services as being the responsibility of the DDA shall be identified and approved in accordance with the Scope of Services, and the DDA shall be responsible for direct payment of such expenses. 3 . 1 . 5 Utility Charges for Old Town Square and Trimble Court Alley. The DDA has been paying and shall continue to pay during the term hereof all utility charges related to Old Town Plaza and Trimble Court Alley. 3 .2 POTS Payments/Contribution. 3 . 2 . 1 Past Payments. The parties hereto acknowledge that POTS has made monthly contributions to the CITY for the period beginning June 2006 and continuing through execution hereof as its share of the costs of maintenance of Old Town Plaza and the repair and replacement of improvements thereon. 3 .2 . 2 POTS Contribution. Commencing on the fifteenth ( 15th) day of the month in which execution of this Second Interim Agreement occurs, and continuing on the fifteenth ( 151h) day of each month thereafter during the term hereof, POTS shall make a monthly payment to the CITY in the amount of Four Thousand Five Hundred Dollars ($4, 500. 00) (the "POTS Contribution") as its share of the cost to perform the Scope of Services . Beginning with the POTS Contribution due on March 151h, 2010, and annually on the same day each year thereafter during the term hereof, the amount of the POTS Contribution shall be adjusted to reflect changes in the consumer price index, in accordance with Section 7 hereof. Second Interim Agreement.FIN AL.0 1 .28. 10 4 3 .2 . 3 Conditional Release of Certain Obligations . During the term hereof, and provided POTS is current in making such monthly payments, it shall have no obligation under the 1993 Agreement, the Additional Agreements or this Second Interim Agreement to perform any maintenance of Old Town Plaza of the Rights-of-Way, or repair or replace any improvements thereon, nor shall it be responsible for paying any utility charges in connection with Old Town Plaza or the Rights-of-Way. 3 . 2 .4 Prorated Reimbursement. In the event this Second Interim Agreement terminates after the 15th day of the month in which termination occurs, and POTS has made its required POTS Contribution that month, the CITY shall reimburse POTS , on a prorated basis, for the balance of such payment. 3 . 3 CITY Past Contributions/Contribution. 3 . 3 . 1 Past Contributions. The parties hereto acknowledge that the CITY has contributed the sum of Fifty Six Thousand Dollars ($ 56,000. 00) per year as its share of the costs of maintenance of Old Town Plaza and the Rights- of-Way, and the repair and replacement of improvements thereon, for calendar years 2006 through 2008 . 3 . 3 .2 CITY Contribution. The CITY shall be obligated to make an annual contribution, subject to the limitations of Section 9 hereof, in the amount of Fifty-eight Thousand Nine Hundred Thirty-one Dollars ($ 58 ,931 . 00) as its share of the annual cost to perform the Scope of Services (the "City Contribution"). The parties hereto acknowledge the CITY ' s contribution of the City Contribution for calendar year 2009 . Beginning with calendar year 2010, the City Contribution shall be annually adjusted to reflect changes in the consumer price index, in accordance with Section 7 hereof. 3 . 3 .3 Limitation on City Contribution. All financial obligations of the CITY and arising under this Second Interim Agreement that are payable after the 2009 fiscal year are expressly contingent upon funds for that purpose being annually appropriated, budgeted and otherwise made available by the City Council of the CITY, in its sole discretion. 4. 0 PRORATION OF CITY/DDA FUNDING CONTRIBUTIONS . It is acknowledged and agreed by the parties hereto that the payments and contributions to be made by the DDA and the CITY for performance of the Scope of Services are intended to be their annual contribution for maintenance of Old Town Plaza and the Rights-of-Way, and the repair and replacement of improvements thereon. In the event that the Permanent Agreement is executed prior to expiration of the term hereof, the annual amounts to be contributed by the Second Interim Agreement.FIN AL.01 .28. 10 5 CITY and the DDA during the first year of the Permanent Agreement shall be adjusted accordingly. In the event of early termination of this Second Interim Agreement, as provided in Section 1 . 3 hereof, the CITY shall refund to the DDA, on a prorated basis, the DDA Contribution. 5 . 0 MANAGEMENT OF OLD TOWN PLAZA. During the Term hereof, POTS agrees that the DBA shall have the right and obligation to manage the Old Town Plaza, including the right to grant licenses and concessions to vendors and service providers and to schedule use of Old Town Plaza by third parties in connection with vending, promotional activities or other private purposes, all pursuant to the DDA's written agreement with the DBA regarding the same. 6 . 0 QUARTERLY MEETINGS . The parties hereto agree to meet quarterly during the term hereof (July, October, January and April) to review the work performed under the Scope of Services, discuss any problems with such work and to address the same. TO ANNUAL CONTRIBUTION ADJUSTMENT T 1 Contribution Adjustment Formula. The amount of the DDA Contribution, the City Contribution and the POTS Contribution shall be annually adjusted during the term hereof to reflect increases in the Price Index ("Price Index" being defined in Section 7 .2 below). Such adjustment shall be referred to hereinafter as "Adjusted Contribution." The formula for annually determining the Adjusted Contribution for each party shall be: Revised Price Index divided by Base Price Index times Initial Contribution equals Adjusted Contribution : Revised Price Index x Initial Contribution = Adjusted Contribution Base Price Index 7 .2 Definitions . In applying the annual adjustment formula, the following definitions shall apply: • "Price Index" shall mean the Consumer Price Index published semi-annually by the Bureau for the Denver-Boulder-Greeley area, for All Urban Consumers, All Items, Base Period 1982-84 = 100 . • "Base Price Index" shall mean the Price Index released to the public in August 2009 . • "Revised Price Index" shall mean the Price Index released to the public in Second Interim Agreement.FINAL.01 .28 . 10 6 February of each year during the term hereof, commencing February 2010. • "Initial Contribution" shall mean the amounts listed in Section 3 hereof for the DDA Contribution, the CITY Contribution and the POTS Contribution. • "Bureau" shall mean the Bureau of Labor Statistics of the United States Department of Labor or any successor agency that shall issue the Price Index referred to herein. Should the Bureau discontinue the publication of the Price Index or publish the same less frequently or alter the same in some material respect, the parties hereto shall adopt a substitute Price Index or substitute procedure which reasonably reflects and monitors consumer prices . 8 . 0 1993 AGREEMENT The 1993 Agreement shall remain in full force and effect and shall continue to bind the parties thereto except to the extent that the provisions of this Second Interim Agreement amend or otherwise alter the terms of the 1993 Agreement. In the event of a conflict between the terms of this Second Interim Agreement and the 1993 Agreement, this Second Interim Agreement shall control . 9.0 COLORADO LAW This Second Interim Agreement shall be governed by, and its terms construed under, the laws of the State of Colorado . 10. 0 NOTICES/PAYMENT All notices and payments to be given to parties hereunder shall be in writing and shall be sent by certified mail to the addresses specified below : If to the DDA : Fort Collins, Colorado, Downtown Development Authority Attn: Executive Director 19 Old Town Square, Suite 230 Fort Collins, CO 80524 With a copy to : Liley, Rogers & Martell, LLC Attn : Lucia A. Liley, Esq. 300 South Howes Street Fort Collins, CO 80521 If to the CITY: City of Fort Collins Attn: Finance Department Second Interim Agreement.FIN AL.0 1 .28. 10 7 215 N. Mason Street Fort Collins, CO 80521 With a copy to : City Attorney' s Office Attn: Stephen J . Roy, Esq. 300 Laporte Avenue Fort Collins, CO 80521 If to POTS : Progressive Old Town Square, LLC c/o Old Town Square Properties, Inc. 5 Old Town Square, Suite 216 Fort Collins, CO 80524 With a copy to : Hasler, Fonfara & Maxwell LLP Attn: Timothy W. Hasler, Esq. 125 S . Howes Street, 6th Floor Fort Collins, CO 80521 If to the DBA : Fort Collins, Colorado, Downtown Business Association Attention: Executive Director 19 Old Town Square, Suite 230 Fort Collins, CO 80524 With a copy to : Watrous & Allbrooks Tom Watrous, Esq. 19 Old Town Square, Suite 23 8 Fort Collins, CO 80524 12 .0 COUNTERPARTS This Second Interim Agreement may be executed in multiple counterparts, each of which shall constitute an original, but all of which, taken together, shall constitute one and the same document. 13 . 0 BENEFIT, BINDING EFFECT This Second Interim Agreement shall be binding on and inure to the benefit of the parties hereto, their heirs, successors and assigns. Second Interim Agreement.FINAL.0 1 .28 . 10 8 14. 0 REMEDIES In the event of any default in or breach of this Second Interim Agreement or any of its terms or conditions by any party hereto or any successor in interest to such party, the non- defaulting party or parties shall have all remedies, at law or in equity, to which it or they may be entitled. All parties acknowledge that, as of the execution of this Second Interim Agreement, there have been no defaults in or breaches of the terms of this Second Interim Agreement by any party to date. 15 .0 LEGAL FEES AND COSTS In the event that any party hereto defaults in any of its duties, covenants or obligations under this Second Interim Agreement, the non-defaulting party or parties shall be entitled to and shall be awarded all reasonable costs and expenses incurred in enforcing this Second Interim Agreement, including attorneys' fees and other legal costs and expenses . IN WITNESS WHEREOF, the parties have executed this Second Interim Agreement as of the date written above. CITY OF FORT COLLINS, COLORADO, a municipal corporation By: Darin Atteberry, City Manager ATTEST: Wanda Krajicek, City Clerk APPROV 1 A O ORM : Assistant City Attorney Second Interim Agreement.FINAL.0 1 .28 . 10 9 THE FORT COLLINS , COLORADO, DOWNTOWN DEVELOPMENT AUTHORITY, a y corporate d politic By: Patty Spen r, fairperson ATTEST : JVIAI:� Bill Sears, Secretary PROGRESSIVE OLD TOWN SQUARE , LLC , a Colorado limited liability company By: 41455,1 �e� — BrAnT Sroukup, Ma ember STATE OF COLORADO ) ss . COUNTY OF LARIMER ) The foregoing Second Interim Agreement was acknowledged before me this 1 day of 201 p , by Brian T. Soukup, as Managing Member of Progressive Old Town Square LLC , a Colorado limited liability company. Witness my hand and official seal . My commission expires : 7. 1 �u� l CPRY F'(!6 O :'' ' ••.lam 2' .n o ary blic JOANNA M. ': STONE OE Cd►- MY COMMISSION EXPIRES: February 6, 2011 Second Interim Agreement.FINAL.0 1 .28 . 10 10 THE FORT COLLINS , COLORADO, DOWNTOWN BUSINESS ASSOCIATION, a Colorado nonprofit corporation By: PrIsident, DB / Name: ` -e i �T � f ki (please p ' nt) STATE OF COLORADO ) ss . COUNTY OF LARIMER ) The foregoing Second Interim Agreement was acknowledged before me this /� day of Mo4w� ++- , 20 byaj) <w ph J . i4unncIA , as President of the Fort Collins, Colorado, Downtown Business Association, a nonprofit corporation. Witness my hand and official seal . My commission es : — .-y w ►?� (� Notary Public rE OFF Second Interim Agreement.FINAL.0 1 .28. 10 11 EXHIBIT A (Page 1 of 3) TO SECOND INTERIM AGREEMENT BY AND AMONG THE FORT COLLINS, COLORADO DOWNTOWN DEVELOPMENTAUTHORITY, THE CITY OF FORT COLLINS, COLORADO, PROGRESSIVE OLD TOWN SQUARE. LLC AND THE FORT COLLINS, COLORADO, DOWNTOWN BUSINESS ASSOCIATION PARCEL I : Legal Description of "The Private Parcel " L� ts ' A , 17 , 16 , 15 , and 14 and portions of Lots 13 , 12 , 11 , and 10 in Block 19' in the City of Fort Collins , and portions of the abandoned Linden Street in the City of Fort Collins , according to the recorded Plats thereof , County of Larimer , - State of Colorado , being described as follows : beginning at the Southwest Corner of Block 1B in the City of Fort Collins , County of Larimer , state of Colorado ; thence N 89 degrees 57 ' 40 " E 59 . 79 feet ; thence N 41 degrees 16120 " E 91 . 31 feet ; thence S 46 degrees 46 ' 0011 r 65 . 06 feet to the true Point of Beginning ; thence S 41 degrees 16120 " W 15 . 00 feet ; thence S 23 degrees 01115 " E 13 . 82 feet ; thence N 89 degrees 57 ' 40 " E 162 . 21 feet ; thence N 0 degrees 1914711 W 14 . 24 feet ; thence N 89 degrees 40113 " E 4 . 00 feet ; thence N 44 degrees 40113 " E 14 . 15 feet ; thence N 0 degrees 19 ! 47 " W 76 . 00 feet ; thence IJ 45 degrees 19147 " W 14 . 15 feet ; thence S 89 degrees 40113 " W 4 . 00 feet ; thence N. 0 degrees 19147 " W 30 . 04 feet ; thence N 67 degrees 4314911 W 8 . 09 feet ; thence S 41 degrees 33 ' 28 " W 0 . 95 feet ; thence N 48 degrees 43 ' 40 " . 19 3 . 54 feet ; thence S 86 degees 16 ' 20 " W 15 . 00 feet ; thence S 41 degrees 1612011 W 20 . 51 feet ; thence S 3 degrees 43 ' 40 " E 7 . 50 feet ; thence S 86 degrees 16• ' 20 " W 27 . 53 feet ; thence S 41 degrees 16120 " W 129 . 29 feet ; thence N 46 degrees 4610011 W 6 . 51 feet to the True Point of Beginning . PARCEL II : Portions of Lots 181 19 , 20 and , 21 in Block 19 in the City of Fort Collins and a portion of the abandoned alley between Linden and Walnut Streets in said Block 19 , according to the recorded Plat thereof , County of Larimer , State of Colorado , being described as follows : beginning at the Northeast Corner of Bloc ): 18 , in the City of Fortr Collins , County of. Larimer , State of Colorado , thence S 48 degrees 43 ' 3 .0 " E 100 . 00 feet to the True Point of Beginning ; thence S 41 degrees 316 " W 78 . 57 feet ; thence S 1 degree 7 ' 10 " E 7 . 72 feet ; thence S 61 degrees 8 ' 0 " E 12 . 5E feet ; thence S 28 degrees 5210 " W 10 . 67 feet ; thence 5 12 decrees i ' 12 " E 6 . 39 feet ; thence S 61 degrees 810 " E 26 . 25 feet ; thence 14 88 decrees 56111 " E ' 'a . 69 feet ; thence 14 26 degrees 524r0 " E 10 . 67 feet ; thence S 61 degrees 6 ' 0 " E 11 , 50 feet ; thence I: 41 degrees 4116 " E 32 . 45 feet ; thence S 46 degrees 16 ' S : " E 14 . 67 feet ; thence I4 65 degrees 2711711 E 5 , 52 feet ; thence N 40 degrees 26 ' 27 " E 32 . 55 feew ; thence N 4E degrees 42140 " jC E7 . 47 feet to she True Po _ rit of Becir. .- Portions of _ = ts 10 , - = and : 2 in Block 19 in tha City of rort � ollimS , Ecco _ dina t ,^, the reczrded Plats icile � EC �. , Co ntv o = Larimer , State of Colorado being described as follows : be � inninc at the Southwest Corner c _ Bloc): ? S in the City of Fort Collins , Coun v of Larimer , State of Colorado ; thence N SG decrees 57 ' 40 " . 1 EXHIBIT A ( Page 2 of 3) E 375 . 13 feet to the True Point 'of Beginning ; thence N 0 degrees 8 ' 4711 , E 14 . 00 feet ; thence s 89 degrees 571140 " W 4 . 00 feet ; thence N 45 degrees 2 ' 20 " W 14 . 15 feet ; thence N 0 degrees 212011 W 75 . 28 feet ; thence N 44 degrees 57140 " E 14 . 15 feet ; thence N 89 degrees 57140 " E 41 . 16 feet ; thence S 45 degrees 212011 E 18 . 08 feet ; thence S 0 degrees 212011 E 96 . 51 feet ; thence S 89 degrees 57140 " W 50 . 00 feet to the True Point of Beginning . PARCEL IV : A portion of the abandoned Linden Street at Block 18 , 19 , in the City of Fort Collins , according to the recorded Plats thereof , County of Larimer , State of Colorado , being described as follows : beginning at the Northeast corner of said Block IS ; thence S 48 degrees 43 , 30 " E 50 . 00 .feet ; 'thence S 41 degrees 16 ' 20 " W 34 . 3S feet ; thence N 48 degrees 43 ' 40 " W 3 . 38 feet to the True Point of Beginning ; thence N 48 degrees 43 ' 40 " W 11 . 14 feet ; thence 5 86 degrees 16130 " W 9 . 24 feet ; thence S: 41 degrees 16 ' 20 " 14 11 . 14 feet ; thence S 3 degrees 43 ' 4011 E 19 . 24 feet ; thence S 48 degrees 43140 " E 11 . 14 feet ; thence ' N 86 degrees 16 ' 20 " E 9 , 24 feet ; ' thence N 41 degrees 16 ' 20 " E 11 . 14 feet ; thence N 3 degrees 43140 " W 19 . 24 feet to the True Point of Beginning . PARCEL V : Lots 23 , 24 , 25 •, 26 , 27 , 28 and 29 of Block 18 in the City of Fort Collins and a portion of the abandoned Linden Street , City of Fort Collins , according to the recorded Plats thereof , County of Larimer , State of Colorado being described as follows : begin - ning at the Southwest Corner of said Block 18 , thence N 89 de - grees 57140 " E 59 . 79 feet ; thence N 41 degrees 1612011 E 211 . 31 feet to the True Point of Beginning ; thence N 48 degrees 43140 " W 18 . 02 feet ; thence N 3 degrees 43140 " W 7 . 07 feet ; thence N 48 degrees 43 ' 40 " W ' 18 . 65 feet ; thence N 0 degrees 00 ' 00 " E 232 . 86 feet ; thence S 45 degrees 43 ' 30 " E 196 . 60 feet ; thence S 41 de - grees 16 ' 20 " W 150 . 00 feet ; thence S 48 degrees 43140 " E 6 . 50 feet ; thence S 3 degrees 43 ' 40 " E 11 . 55 feet ; thence S 41 degrees 16120 " W 5 . 83 feet ; thence S eG degrees 164* 20 " W 22 . 63 feet to the True Point of Beginning . PARCEL VI : Lots 7 and . 8 , and portions of Lots 6 and 30 of Block 18 in the City of Fort Collins and a portion of the abandoned Linden Street in the City of Fort Collins , according to the recorded Plats thereof , County of Larimer , State of Colorado being described as follows : beginning at the Southwest Corner of said Block 18 ; thence N 89 degrees 59 ' 40 " E . 59 . 79 feet ; thence N 41 degrees 16120 " E 91 . 31 feet to the True Point of Beginning ; thence S 46 degrees 4610 " E 5 . 81 feet ; thence N 86 degrees 16120 " E 8 . 29 feet ; thence N 41 degrees 16 ' 20 " E 14 . 15 feet ; thence N 3 degrees 43140 " W 2 . 83 feet ; thence N 48 degrees 43140 " W 9 . 67 feet ; ; 2 SX IBIT A ( Page 3 of 3 ) thence N 41 degrees 12 ' 20 " B 3_ . 51' feet ; thence N 86 degrees 1612001 E 8 . 48 feet ; thence N 41 degrees 16 ' 20 " E 56 . 16 feet ; thence N 3 degrees 43 ' 40 " W 25 . 97 feet ; thence N 48 degrees 43140 " W 12 . 98 feet ; thence S 41 degrees 16120 " W 6 . 00 feet ; I thence N 48 degrees 43 ' 40 " W 18 . 85 feet ; . thence N 90 degrees 00 ' 00 " W 121 . 70 feet ; thence S 0 degrees 00 ' 00 " W 26 . 24 feet ; thence S 48 degrees 43140 " E 118 . 35 feet to the True Point of Beginnning . i 1 . f 1 3 EXHIBIT B TO SECOND INTERIM AGREEMENT BY AND AMONG THE FORT COLLINS, COLORADO DOWNTOWN DEVELOPMENTAUTHORITY, THE CITY OF FORT COLLINS, COLORADO, PROGRESSIVE OLD TOWN SQUARE. LLC AND THE FORT COLLINS, COLORADO, DOWNTOWN BUSINESS ASSOCIATION Legal Description of "Old Town Plaza" A part of Blocks 18 , 19 , and Linden Street in the City of Fort Collins , according to the recorded plats thereof , County of Larimer , State of Colorado being described as follows : beginning at the Southwest Corner of said Block 18 ; thence N 89 ° 57 ' 40 " E 59 . 79 feet ; thence N 41016120 " $ 91 . 31 feet to the True Point of Beginning ; thence S 48043r40 " E 6 . 00 feet ; thence N 86016r20 " E 8 . 01 feet ; thence N 41016r20 " E 14 . 15 feet ; thence N 03043r40 " W 2 . 83 feet ; thence N 48043140 " W 9 . 67 feet ; thence N 41 * 12120 " E 3 . 51 feet ; thence N 86016120 " E 8 . 48 feet ; thence N 41 * 16120 " E . 56 . 16 feet ; thence N 03 * 43r4O " W 25 . 97 feet ; thence N 48043140 " W 12 . 98 feet ; thence S 41016120 " W 6 . 00 feet ; thence N 48043140 " W 18 . 85 feet ; thence N 56053 # 05 " E 20 . 77 feet ; thence N 00000100 " E 6 . 65 feet ; thence S 48043140 " E 18 . 65 feet ; thence S 03143140 " E 7 . 07 feet ; thence S 48043140 " E 18 . 02 feet ; thence N 86016120 " E 22 . 63 feet ; thence N 41016 ' 2Ou E 5 . 83 feet ; thence N 03 * 43140 " W 11 . 55 feet ; thence N 48043140 " W 6 . 50 feet ; thence N 41 * 16120 " E 150 . 00 feet ; thence S 48143 ' 30 " E 99 . 98 feet ; thence S 41003r06 " W 78 . 57 feet ; thence S 01907 ' 10 " E 7 . 72 feet ; thence S 61008100 " E 12 . 58 feet ; thence S 28052 ' 00 " W 10 . 67 feet ; thence S 12 '007r12 " E 8 . 39 feet ; thence S 61008 ' 00 " E 26 . 25 feet ; thence N 88056111 " E 12 . 69 feet ; thence N 28052100 " E 10 . 67 feet ; thence S 61008100 " E 11 . 50 feet ; thence N 41041106 " E 32 . 45 feet ; thence S 48018r54 " E 14 . 67 feet ; thence N 65027r17 " E 5 . 52 feet ; thence N 40026r27 " E 32 . 55 feet ; thence S 48 ° 43r30 " E 48 . 71 feet ; thence S 89038 ' 03 " W 45 . 24' feet ; thence S 67024118 " W 18 . 40 feet ; thence S 01006r40 " W 19 . 80 feet ; thence S 42044131 !' W 15 . 67 feet ; thence N 45002 ' 20 " W 14 . 15 feet ; thence S 89057140 " W 41 . 16 feet ; thence S 449571' 40 " W 14 . 15 feet ; thence S 00002r20 " E 75 . 28 feet ; thence S 45002r20 " E 14 . 15 feet ; thence N 89057140 " E 4 . 00 feet ; thence S 00 ° 08 ' 47 " W 14 . 00 feet , thence S 89057140 " W 49 . 37 feet ; thence N 00019147 " W 14 . 24 feet ; thence N 89040 ' 13 " E 4 . 00 feet ; thence N 44140113 " E 14 . 15 feet ; thence N 00919 / 47 " W 76 . 00 feet ; thence W 45 ° 19 ' 47 " W 14 . 1S feet ; thence S 89040113 " W 4 . 00 feet ; thence N 00019 / 47 " W 30 . 04 feet ; thence N 87043 ' 49 " W 8 . 09 feet ; thence S 41033 ' 28 " W 0 . 95 feet ; thence N 48943 ' 40 " W 3 . 54 feet ; thence S 86 ° 16120 " W 15 . 00 feet ; thence S 41116120 " W 20 . 51 feet ; thence S 03043r40 " E 7 . 50 feet ; thence S 86 ° 16r20 " W 27 . 92 feet ; thence S 41 ° 16 ' 20 " W 129 . 29 feet ; thence N 46046 ' 00 " W 71 . 57 feet to the True Point of Beginning ; excluding a part of Linden Street in the City of Fort Collins , County of Larimer , State of Colorado being described as follows : beginning at the Northeast Corner of said Block 18 ( most easterly corner ) ; thence S 48043130 " E 50 . 00 feet ; thence S 41016120 " W 34 . 35 feet , thence N 48043r40 " W 3 . 38 feet to the True Point of Beginning ; thence N 48043r40 " W 11 . 14 feet ; thence S 86016120 " W 9 . 24 feet ; thence S 41016120 " W 11 . 14 feet ; thence S 03043140 " E 19 . 24 feet ; thence S 480431' 4011 E 11 . 14 feet ; thence N 86016120 " E 9 . 24 feet ; thence N 41016120 " E 11 . 14 feet ; thence N 03943140 " W 19 . 24 feet to the True Point of Beginning . O zz \ ' gh 0040 - . _ fts i0 a Oil too, 1 � OO � n � t7 � "� f C 0C) G� 0 ?.NO � � 1 w � / ' � • r� J Vj b �„� � t toe 0 oe H C) Fr/ YN or � n 0=4 00 : = mmi odor y � _ r A STEM RT&ASS SOCIAiFtiS 11 .°►10V t(tntt� IVN Ri k [O IVfR, [7•l1tfY.1°L M �� on I Exhibit D to Second Interim Agreement Scope of Services 1 . City Responsibilities . The City shall be responsible for the following maintenance tasks in Old Town Plaza and the Rights-of-Way (collectively the "Service Area", as shown on Attachment 1 to this Exhibit) : a. Routine Cleaning and Maintenance. The City will be responsible for cleaning of all surfaces within the Service Area, including but not limited to maintaining the cleanliness of flagstone and concrete surfaces, light standards, trash receptacles, cigarette receptacles, movable planters, flag poles and benches . The City will provide one power washing per week for surfaces in areas where food vendors are permitted to operate, and eight power washings per year for other paver surfaces. The City will repair movable fixtures, including but not limited to benches and trash receptacles . The City is not responsible under this Agreement for repairing permanent fixtures, including but not limited to light standards and flag poles. The DDA agrees to be responsible for repair and replacement of such permanent fixtures, for replacement of all movable fixtures, and for repair or replacement of infrastructure. The DDA may arrange with the City to provide these additional services at the DDA' s expense. b . Routine Cleaning and Maintenance of the Fountain. The City will apply chemicals, change filters, and be responsible for turning on and shutting off the fountain in Old Town Plaza. The city will drain, clean and refill the fountain as needed. The DDA will be responsible for pump repairs, replacement of fountain components and infrastructure and annual underground pipe cleaning and/or replacement. The DDA may arrange with the City to provide these additional services at the DDA ' s expense. c. Snow Removal . The City will provide snow removal services within the Service Area up to $ 12 ,000 per calendar year. The cost of snow removal services in excess of $ 12,000 per calendar year shall be paid for by the DDA. The City will provide notice to the DDA when snow removal costs have exceeded $9,600 per calendar year. d. Flower Beds, Movable Planters, Hanging Baskets . The City will design, purchase, install and provide routine maintenance of all plant materials, including seasonal plantings, water, fertilizer, and fall cleanup for beds, planters and hanging baskets located within the Service Area, based on the quantity of materials provided the previous year. Any significant increase or decrease in plantings from the previous year will only be by mutual agreement of the parties . The City will replace plant materials damaged or destroyed by vandalism. Should the DDA request that annual plants be installed prior to May 15 (average date of last frost), the DDA Second Interim Agreement.Scope of Serviccs.FINAL.01 .28. 10 1 will bear the cost of replacing annual plants damaged by frost, snow, ice or freezing temperatures. The DDA or event sponsor will also reimburse the City for the cost of replacement required as a result of damage during special events, as described in Section D, below, or extreme weather. e. Routine Litter Control . The City will be responsible for litter control and debris removal within the Service Area, except for special events where the event sponsor is contractually responsible for cleanup, and except as described in Section D, below. While performing its obligations under this Agreement, the City shall be entitled to use the POTS dumpsters located behind Building 11 , Old Town Square, at no charge. f. Statuary. The City will consult with POTS about any maintenance to be done by the City for statuary owned by POTS within the Service Area, and the costs of any such maintenance shall be the responsibility of POTS . The City will consult with the DDA about maintenance to be done by the City for statuary owned by the DDA within the Service Area, and the costs of any such maintenance shall be the responsibility of the DDA. g. Other. Any other maintenance requests beyond those listed in this Scope of Services can be arranged for between the City and DDA at an additional cost based on time and materials. 2 . Building 13 , Old Town Square. The DDA is responsible for routine maintenance of Building 13 , Old Town Square (the "Kiosk") under the DDA Lease Agreement with POTS . The DDA has arranged for the City to provide janitorial services for the Kiosk under a separate IGA dated August 24, 2007 , The City shall have no other responsibility for maintenance of the Kiosk. 3 . Flags and Holiday Decorations. The City will not be responsible for providing or maintaining holiday decorations, banners or flags, other than holiday lighting as stipulated in the separate Holiday Lighting Agreement dated December 1 , 2008 , or as the parties may otherwise agree. The City will not be responsible for repairing any vandalism to decorations, banners or flags. The City will assist in set up and removal of holiday decorations, Santa' s House banners or flags, if requested, at an additional cost for time and materials. 4. Special Events. If a DDA-or DBA-authorized special event held in the Service Area requires higher than normal levels of trash pickup, repair or replacement of damaged plantings and fixtures, the need for additional power washing, or other cleaning or maintenance services beyond regularly scheduled day-to-day levels in order to return the Service Area to the approximate condition it was in prior to the special event, the City may bill the DDA for such additional services. The DDA must notify the City Parks Department in advance of all DDA- or DBA- scheduled special events occurring within the Service Area, including the expected size and length of the event. 5 . Level of Service. The City will provide the level of maintenance and repair, snow removal services, and quantity, quality and type of plant materials that it normally and customarily provides in its own programs, and the City, in consultation with the DDA, will make Second Interim Agreement.Scope of Services.FINAL.01 .28. 10 2 the determination of any needed repair or replacement or the type and manner of such repair or replacement. Repairs and replacements shall be generally consistent with the design of similar improvements in the Old Town Plaza. By June 30, 2009 and by the same date in each succeeding year during the Tenn, the City will provide the DDA with a description of services being performed in Old Town Plaza and the Rights-of--Way by the City under this Scope of Services and a breakdown of the cost of each service, and shall further identify any modifications to the levels of service that have been affected by changes in the City' s customary service levels. 6 . No POTS Responsibility. In accordance with Paragraph 3 .2 of the Second Interim Agreement and notwithstanding any limitations on the City' s Scope of Services as set forth in this Exhibit D, POTS shall have no responsibility for maintenance, repair or replacement of improvements within the Old Town Plaza or the Rights-of-Way during the Tenn hereof provided that it is current in making its required payments under the Second Interim Agreement. Second Interim Agreement.Scope of Services.FINAL.0 1 .28. 10 3 IF • { ! ' A ► v / 7 ago ' S AN pw j go 40 411 1. Y - s - � r • . . . . Mo . RESOLUTION 2010-021 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING AN INTERIM AGREEMENT AMONG THE CITY, THE DOWNTOWN DEVELOPMENT AUTHORITY, THE DOWNTOWN BUSINESS ASSOCIATION AND PROGRESSIVE OLD TOWN SQUARE LIMITED LIABILITY COMPANY, REGARDING THE MAINTENANCE AND MANAGEMENT OF OLD TOWN PLAZA WHEREAS, the Downtown Development Authority (DDA) is the owner of certain real property located in Fort Collins, Colorado, known as"Old Town Plaza", as shown on Exhibit"A", attached and incorporated herein by reference;and WHEREAS, Old Town Plaza was developed by a private developer in 1983-84 to enhance the Old Town area by providing a pedestrian mall for shoppers; and WHEREAS,Progressive Old Town Square Limited Liability Company(POTS)is the owner of private property buildings adjacent to Old Town Plaza, as shown on Exhibit A; and WHEREAS,the Downtown Business Association(DBA)manages Old Town Plaza on behalf of the DDA; and WHEREAS,the City is the owner of certain rights-of-way adjacent to and abutting both Old Town Plaza and the POTS property, as shown on Exhibit A; and WHEREAS,in July, 1993,the City Council approved Resolution 1993-161,authorizing an agreement between the City, the DDA, and POTS' predecessor in interest; and WHEREAS,on October 29, 1993,in accordance with Resolution 1993-161,the City,DDA and POTS entered into an agreement regarding the maintenance and management of Old Town Plaza and establishing a payment in lieu of taxes (the "1993 Agreement"); and WHEREAS, the parties have since executed two amendments to the 1993 Agreement; the first,dated May 20, 1994,concerned the provision of electricity to lights and signs, and the second, dated August 14,2000,provided for payments for enhanced maintenance and capital improvements for Old Town Plaza; and WHEREAS, On July 13, 2005, the City, DDA and POTS entered into an agreement modifying the roles,responsibilities and financial commitments of each party with regard to the use, operation,maintenance and repair of Old Town Plaza and adjacent rights-of-way(the"First Interim Agreement"); and WHEREAS,the First Interim Agreement was for a one-year term while the parties worked on negotiating a new permanent agreement to replace the 1993 Agreement; and WHEREAS,the parties have not yet been able to negotiate a new permanent agreement and now wish to enter into a"Second Interim Agreement"to again modify each party's responsibilities for Old Town Plaza and the adjacent rights-of-way; and WHEREAS, the Second Interim Agreement is on file in the office of the City Clerk and available for review; and WHEREAS, under the terms of the Second Interim Agreement, the City, DDA and POTS would each contribute funds to pay for maintenance and repair work for Old Town Plaza and the rights-of-way, with the City performing the work; and WHEREAS, the City and DDA would each contribute $58,931 annually and POTS would contribute $4,500 per month, as their respective shares of the maintenance costs; and WHEREAS, pursuant to Section 1-22 of the City Code, the City Council is being asked to approve the Second Interim Agreement by resolution because it is, in part, an intergovernmental agreement between the City and the DDA,and the direct monetary payments to be made by the City exceed $50,000. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Manager is hereby authorized to execute the Second Interim Agreement in substantially the form as is on file in the office of the City Clerk,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 Resolution. Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 20th day of April A.D. 2010. Mayor ATTEST: City Clerk Exhibit A Ownership Downtown Development Authority Progressive Old Town Square The City of Fort Collins L T L I�\ O b s j i S , ALLEY — v -- CD r N i' I $Tt1NART$A1550C1AT-F$ • C' r lfrv3 Ervin a Si .cues x , — ms rowx _ ICJY WtOYVM YMLR, IpT CM& M. cn JWM}I OOAI .R[UOFI .4Z[ 9%)r . •. • sire e�arc •.-• •• ��F E V I S •0•K 5E V 15 •0•K 5 ,