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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 08/21/2012 - RESOLUTION 2012-074 FURTHER EXTENDING THE DEADLINEDATE: August 21, 2012 STAFF: Rick Richter AGENDA ITEM SUMMARY FORT COLLINS CITY COUNCIL 26 SUBJECT Resolution 2012-074 Further Extending the Deadline for the City of Fort Collins and Town of Windsor to take Certain Actions Required by the Parties’ Intergovernmental Agreement Pertaining to the Development of the I-25/SH392 Interchange. EXECUTIVE SUMMARY On December 21, 2010, the City Council approved an intergovernmental agreement with the Town of Windsor (the “IGA”) pertaining to the development of the I-25 interchange at the intersection of State Highway 392 (the “Interchange”). The IGA states that, by March 31, 2011, the City and Windsor will take certain actions to implement the IGA. City Council adopted several resolutions extending this deadline, the most recent extension being to August 21. 2012. Staff of the Town of Windsor and the City continue to engage the public and affected property owners regarding the implementation of the provisions of the IGA. The documents accomplishing the final implementation of the provisions of the IGA are now in draft form and being reviewed by staff from both Fort Collins and Windsor. The documents should be ready for approval by the Fort Collins City Council and the Windsor Town Board by October 2012. The staff of both municipalities recommend that the August 21, 2012 deadline be extended in order to complete the public outreach, draft necessary documents, and make their recommendations. The deadline for all actions to be taken under the IGA by August 21, 2012 should be extended to October 16, 2012. BACKGROUND / DISCUSSION City Council and the Windsor Town Board held five joint work sessions to discuss the I-25 and State Highway 392 Interchange Improvements, System Level Study (1601 Process), and design. The System Level Study for this interchange was approved by the Colorado Department of Transportation (CDOT) Transportation Commission on January 21, 2009. This approval, along with a signed IGA, has allowed the Project to move into the final design phase. The accelerated design process for this Project was completed in January 2010. The accelerated design process made this Project “shovel ready,” thereby enhancing the possibility of obtaining funding for construction. The design followed the intent of the guiding principles adopted by the City Council and the Town Board in August 2008, specifically the community character guiding principle that states: “The I-25/392 Interchange is an important ‘gateway’ feature for both Fort Collins and Windsor. It is viewed as Fort Collins’ southern gateway and the main gateway into the Town of Windsor. The design of the Interchange, sensitivity to view sheds and associated land development, shall enhance the gateway concept.” The total construction and right of way cost for the Project is estimated at $27.5 million. On May 20, 2010, the Colorado Transportation Commission authorized the allocation of $20 million for the construction of the Interchange. CDOT had previously identified $2.5 million of state FASTER funds to be used for right of way acquisition. The funding gap of $5 million has been met by the local communities. On December 21, 2010, the City Council adopted Resolution 2010-077 authorizing the Mayor to execute the IGA. The primary purposes of the IGA are to set forth the respective financial contributions of the City of Fort Collins and Windsor related to the reconstruction of the Interchange, to provide for orderly land use and development within the area immediately surrounding the Interchange, to ensure that the property owners most directly benefitted by the Interchange improvements proportionally share in the cost of the improvements, and to provide for a revenue sharing formula between the City of Fort Collins and Windsor. The IGA establishes a Corridor Activity Center (“CAC”) around the Interchange, within which certain land uses have been agreed upon by the parties and two kinds of fees will be imposed to reimburse the City of Fort Collins and August 21, 2012 -2- ITEM 26 Windsor for their financial contributions to the construction of the Interchange and to help fund the construction and maintenance of improvements and services within the CAC. The first fee is a development impact fee that will be paid by the property owners within the CAC. The proceeds from that fee will reimburse the City of Fort Collins and Windsor for their share of the cost of constructing the Interchange ($2.5 million each). The second is a public improvement fee (“PIF”) to be imposed by retailers within the CAC. The PIF revenues will be used primarily to pay for the maintenance of the “enhanced improvements” to the Interchange that the Colorado Department of Transportation will not be maintaining. In addition, the PIF revenues will be used to fund a list of improvements and services that the parties are in the process of identifying, with the input of affected property owners, and that will primarily benefit the properties within the CAC. Section 3.2 of the IGA requires that, on or before March 31, 2011, the governing bodies of the City of Fort Collins and Windsor shall each adopt acceptable design standards for the CAC. Those standards, explained by Ordinance No. 036, 2011, were adopted by the Council on the second reading on March 22, 2011. The IGA originally set a deadline of March 31, 2011. The City Council subsequently adopted several resolutions extending this deadline, the most recent extension being to August 21. 2012. Staff of both municipalities recommend an additional extension of the deadline in order to allow additional time to complete the final review and adoption of the provisions of the IGA. This Resolution will approve that extension. STAFF RECOMMENDATION Staff recommends adoption of the Resolution. ATTACHMENTS 1. Location Map 2. Fort Collins - Windsor IGA [_ I-25 & 392 Interchange COUNTY ROAD 5 KECHTER 4TH MAIN MASON COUNTY ROAD 7 COUNTY ROAD 3 COUNTY ROAD 30 BOARDWALK BOYD LAKE 71ST 66TH COUNTY ROAD 36 COUNTY ROAD 9 COUNTY ROAD 13 FAIRGROUNDS COUNTY ROAD 11 COUNTY ROAD 11C TROUTMAN PRIVATE DRIVE COUNTY ROAD 34E 65TH TIMBERLINE COUNTY ROAD 30 COUNTY ROAD 3 COUNTY ROAD 30 S SHIELDS ST INTERSTATE 25 S COLLEGE AVE E TRILBY RD S COUNTY ROAD 5 E COUNTY ROAD 30 S LEMAY AVE S TIMBERLINE RD E HARMONY RD CARPENTER RD E COUNTY ROAD 32 KECHTER RD ZIEGLER RD W TRILBY RD E COUNTY ROAD 38 STATE HIGHWAY 392 W HARMONY RD MAIN ST STRAUSS CABIN RD S COUNTY ROAD 3F S COUNTY ROAD 7 S US HIGHWAY 287 S L EMAY AVE E COUNTY ROAD 32 ZIEGLER RD INTERSTATE 25 S TIMBERLINE RD Legend Fort Collins City Limits Growth Management Area E ATTACHMENT 2 S tate Highway 392 E County Road 3 2 Interstate 25 Intersta te 25 E County Road 30 E County Road 30 S County Road 5 F o s s i l C r e e k R e s e r v o i r 0 0.05 0.1 0.2 0.3 0.4 Miles 1:21,327 0 0.1 0.2 0.4 0.6 0.8 Kilometers I25 Corridor - State Activity HWY Center 392 Interchange (Exhibit A) Scale LandUse Commercial Employment Boundary CAC Fort Collins GMA Windsor GMA Parcels CITY GEOGRAPHIC These and were map OF not products FORT designed and INFORMATION COLLINS or all intended underlying for general data SYSTEM are use developed by members MAP for use of PRODUCTS the by the public. City of The Fort City Collins makes for no its representation internal purposes or only, warranty dimensions, as to contours, its accuracy, property timeliness, boundaries, or completeness, or placement and of location in particular, of any its map accuracy features in thereon. labeling or THE displaying CITY OF FORT COLLINS PARTICULAR MAKES PURPOSE, NO WARRANTY EXPRESSED OF MERCHANTABILITY OR IMPLIED, WITH OR RESPECT WARRANTY TO THESE FOR FITNESS MAP PRODUCTS OF USE FOR OR THE UNDERLYING FAULTS, and assumes DATA. Any all responsibility users of these of map the use products, thereof, map and applications, further covenants or data, and accepts agrees them to hold AS the IS, City WITH harmless ALL from made and this against information all damage, available. loss, Independent or liability arising verification from any of all use data of contained this map product, herein should in consideration be obtained of by the any City's users having of these liability, products, whether or direct, underlying indirect, data. or consequential, The City disclaims, which and arises shall or not may be arise held from liable these for any map and products all damage, or the loss, use thereof or by any person or entity. Printed: November 17, 2010 RESOLUTION 2012-074 OF THE COUNCIL OF THE CITY OF FORT COLLINS EXTENDING THE DEADLINE FOR THE CITY OF FORT COLLINS AND THE TOWN OF WINDSOR TO TAKE CERTAIN ACTIONS REQUIRED BY THE PARTIES' INTERGOVERNMENTAL AGREEMENT PERTAINING TO THE DEVELOPMENT OF THE INTERSTATE 25/STATE HIGHWAY 392 INTERCHANGE WHEREAS, on December 21, 2010, the City Council adopted Resolution 2010-077 authorizing the Mayor to execute an intergovernmental agreement (the "IGA") with the Town of Windsor ("Windsor") related to the reconstruction of the Interstate 25/State Highway 392 Interchange (the "Interchange"); and WHEREAS, on December 13, 2010, the IGA was also approved by the Windsor Town Board through the adoption of Resolution 2010-071; and WHEREAS, the primary purposes of the IGA are to set forth the respective financial contributions of the City and Windsor related to the reconstruction of the Interchange, to provide for orderly land use and development within the area immediately surrounding the Interchange, to ensure that the property owners most directly benefitted by the Interchange improvements proportionally share in the cost of the improvements, and to provide for a revenue sharing formula between the City and Windsor; and WHEREAS, the IGA set a deadline of March 31, 2011 for the City and Windsor to receive and approve certain additional agreements required by the IGA: and WHEREAS, the City and Windsor have from time to time adopted resolutions extending this deadline, the most recent extension being to August 15, 2012; and WHEREAS, City staff and Windsor have continued to engage the public and the affected property owners regarding the implementation of the provisions of the IGA; and WHEREAS, the documents accomplishing the final implementation of the provisions of the IGA are now in draft form and being reviewed by the City's legal counsel and the legal counsel for Windsor and should be ready and available for approval by the City Council and the Windsor Town Board within the next 60 days. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Council hereby extends from August 15, 2012 to October 16, 2012, the deadline for all actions required to be taken under the IGA. Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 21st day of August A.D. 2012. Mayor Pro Tem ATTEST: City Clerk ATTACHMENT 1