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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 09/04/2001 - POSTPONEMENT OF SECOND READING OF ORDINANCE NO. 12 AGENDA ITEM SUMMARY ITEM NUMBER: 9 FORT COLLINS CITY COUNCIL DATE: September 4, 2001FROM• Craig Foreman SUBJECT: Postponement of Second Reading of Ordinance No. 125, 2001, Authorizing the Sale of 1.032 Acres of Westfield Park to Pool of Dreams, Ltd. and Appropriating the Proceeds of Such Sale as Unanticipated Revenue in the Neighborhood Parkland Fund,to September 18, 2001. RECOMMENDATION: Staff recommends postponement of the Ordinance on Second Reading to September 18, 2001. EXECUTIVE SUMMARY: The City purchased 14.61 acres of land in 1981 for Westfield Neighborhood Park. The amount of land needed for the park was estimated at that time to be about 10 to 12 acres. The landowner would only sell 14.61 acres for $166,700. At the time of park development in 1997/98, the actual amount of land needed to serve the residential area around the park was determined to be 11 acres. The park currently has 11 developed acres and complies with park acreage requirements in the 1996 Parks and Recreation Policy Plan. A one-time fee on new housing funds new park acquisition and development. Ordinance No. 125, 2001, was unanimously adopted on First Reading on August 21, 2001, authorizing the sale of land to Westfield Park to Pool of Dreams, Ltd. with direction to amend the Ordinance prior to Second Reading to include a restriction on the use of the property. Adoption of the consent agenda will postpone Second Reading of this Ordinance until September 18, 2001. AGENDA ITEM SUMMARY ITEM NUMBER: 18 FORT COLLINS CITY COUNCIL DATE: August 21,2001 STAFF: Craig Foreman SUBJECT: First Reading of Ordinance No. 125, 2001, Authorizing the Sale of 1.032 Acres of Westfield Park to Pool of Dreams, Ltd. and Appropriating the Proceeds of Such Sale as-Unanticipated Revenue in the Neighborhood Parkland Fund. RECOMMENDATION: Staff recommends the adoption of the Ordinance on First Readin �,A Amt IA rc FINANCIAL IMPACT: The sale will provide $120,000 for neighborhood parks. VE v ro �'� ,4 .6 is u� t y k 7 " EXECUTIVE SUMMARY: The City purchased 14.61 acres of land,in 1981 for Westfield Neighborhood Park. The amount of land"needed for the park was estimated at that time to be about 10 to 12 acres. The landowner would only sell 14.61 acres for $166,700. At the time of park development in 1997/98, the actusf'amount of land needed to`serve the residential area around the park was determined to be 11 acres. The park currently, has 11 developed acres and complies with park acreage requirements in the 1996 Parks and Recreation Policy Plan. A one-time fee on new housing funds new park acquisition and development. A group of$neighbors,"orgamzed as Pool of Dreams, approached the City in 1999 about acquiring a portion of the unused parkland at Westfield Park for a neighborhood pool. Residents in the area would use the pool. The pool would not be open to the general public. The development, operation and maintenance of the pool will be the responsibility of Pool of Dreams. DATE: August 21,2001 2 ITEM NUMBER: 18 The City was interested in the proposal and,by coincidence,had already started discussion of the sale of the unused parkland at Westfield Park. The pool would be compatible with the Park and provides an additional recreational facility that cannot be provided by the City at this location. Negotiations for the sale of the site to Pool of Dreams started in early 1999. When a purchase price couldn't be reached on the 1.032 acre site, both parties agreed to have the property appraised. The appraisal was completed in August of 2000 and the value of the property was appraised at$120,000. Additional negotiations took place, and in December, staff sent a letter of intent to Pool of Dreams, agreeing to hold the site at the appraised val $120,000 until October 1, 2001, pending Council consideration of the proposed sale. Staff recommending that Council approve this Ordinance, authorizing the sale of this property and appropriating the $120,000 from the sale to the Neighborhood Parkland Fund. ' * a 3{x k �}� t? x I aktT' .`zV' RK'it P� AA t Ff �y t, wSyst wmt-. t P m} n,