HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 04/02/2002 - SECOND READING OF ORDINANCE NO. 046, 2002, AUTHORI AGENDA ITEM SUMMARY ITEM NUMBER: 10
FORT COLLINS CITY COUNCIL DATE: April 2, 2002
FROM: Craig Foreman
SUBJECT :
Second Reading of Ordinance No. 046, 2002, Authorizing the Conveyance of a Non-Exclusive
Easement for Storm Drainage for Peak View Development Across Overland Trail Park in
Exchange for Conveyance of a .25 Acre Tract of Land.
RECOMMENDATION:
Staff recommends the adoption of the Ordinance on Second Reading.
EXECUTIVE SUMMARY:
Peak 'View Development is a residential development planned adjacent to a portion of the north
property line of Overland Trail Park. The development needs to convey stormwater flows to a
pond located on Park property. The pond serves as storage for stormwater flows and irrigation
water for the park. Ordinance No. 046, 2002, which was unanimously adopted on First Reading
on March 19, 2002, authorizes the conveyance of the easement in exchange for a .25 acre tract of
land.
ITEM NUMBER: 14
AGENDA ITEM SUMMARY
FORT COLLINS CITY COUNCIL DATE: March 19, 2002
j STAFF:
Craig Foreman
SUBJECT:
First Reading of Ordinance No. 046, 2002, Authorizing the Conveyance of a Non-Exclusive
Easement for Storm Drainage for Peak View Development Across Overland Trail Park in
Exchange for Conveyance of a .25 Acre Tract of Land.
RECOMMENDATION:
Staff recommends the adopti of the inan o first Reafg.
j FINANCIAL IMPACT:
i
In exchange for the conveyance of this stormwater easement, the Grantee agrees to landscape,
install, irrigation lines and convey a .25 acre tract of land to the City.
COPY
EXECUTIVE SUMMARY:
Peak View Development is a residential development planned adjacent to a portion of the north
property line of Overland Trail Park. The develo ment needs to convey stormwater flows to a
pond located on Park pro pe a se s s or tormwater flows and irrigation
water for the park. The ease nt will fine r e to vey stormwater flows is located
on the park. The stormwater wil ligh t e pond.
The Peak View Development will be improving a portion of land (about 0.25 acre) adjacent to
the park that is unneeded for its development. This area is unusable for development since it is
about 25 feet wide by about 425 feet long and is located south of a road along the north side of
the Park. Costs to improve this area with landscaping and irrigation are estimated at about
$25,000 and will be the responsibility of the development. Upon acceptance of the work by the
City, the .25 acre tract of land will be deeded to the City and included in the Park. The
conveyance of the tract of land and the cost of the landscape/irrigation improvements more than
offset the consideration due the City for the stormwater easement.