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Home My WebLink AboutCOUNCIL - AGENDA ITEM - 04/16/2019 - RESOLUTION 2019-045 APPROVING AN INTERGOVERNMENTALAgenda Item 20 Item # 20 Page 1 AGENDA ITEM SUMMARY April 16, 2019 City Council STAFF Josh Birks, Economic Health Director John Duval, Legal SUBJECT Resolution 2019-045 Approving an Intergovernmental Agreement with the Fort Collins Urban Renewal Authority for the Authority's Contribution of Funds to the City's North College Drainage Improvement District Project. EXECUTIVE SUMMARY The purpose of this item is to present an intergovernmental agreement (IGA) between the City of Fort Collins and the Fort Collins Urban Renewal Authority. The IGA memorializes the terms of acceptance of $300,000 in Authority support for the City’s continued design of the North College Drainage Improvement District (NCDID), including transportation designs for North Mason Street (Alpine Street to Hickory Street), along with Alpine Street, Pinon Street and Hemlock Street (Mason Street to North College Avenue). The 2019 Authority Budget accounted for and appropriated funds for this obligation. In addition, the 2019 City Budget includes additional funding for the Project from two sources in the City: Engineering and Stormwater. On February 27, 2019, the Authority’s Board of Commissioners approved the IGA. STAFF RECOMMENDATION Staff recommends approval of the Resolution. BACKGROUND / DISCUSSION The North College Urban Renewal Plan Area was established in 2004. A drainage analysis and report for the NCDID area was initially completed in 2006 (Ayres and Associates). In recent years, there has been increased interest and support by the North College Citizens Advisory Group to implement the necessary street and stormwater improvements needed to promote development and redevelopment in the area. The Authority funded an update to the NCDID analysis completed in June 2017 (Ayers and Associates). The report includes conceptual stormwater improvements, cost estimates and a phased implementation approach. The approximate study area is shown in Attachment 1. Funding Overview The City and the Authority have approved a total of $767,800 in funding for the continued design of the NCDID, including transportation designs for North Mason Street (from Alpine Street to Hickory Street), along with Alpine Street, Pinon Street and Hemlock Street (from Mason Street to North College Avenue) in their respective 2019 Budgets. The City must take an additional step to commit URA funds to the Project. This step includes reviewing and approving an intergovernmental agreement (“IGA”) between the City and the Authority obligating the Authority to pay $300,000 to defray Project costs, see Attachment 2. The IGA is consistent with similar IGAs previously approved by the City and Authority; the most recent example being the $300,000 commitment to assist with Agenda Item 20 Item # 20 Page 2 construction of the Whitewater Park project. The Authority’s Board of Commissioners approved the IGA by resolution on February 27, 2019. CITY FINANCIAL IMPACTS The City and the Authority approved a total of $767,800 in funding for the Project in their 2019 budgets. The City must take the additional step to approve this IGA to obligate the Authority to pay $300,000 in addition to the money appropriated by the City. BOARD / COMMISSION RECOMMENDATION The URA Finance Committee and URA Board have recommended approval of the IGA. PUBLIC OUTREACH There has been no additional public outreach for this item. ATTACHMENTS 1. Location map (PDF) 2. URA Resolution No. 094 (PDF) NCDID AREA College Avenue Conifer Street Vine Drive ATTACHMENT 1 ATTACHMENT 2 -1- RESOLUTION 2019-045 OF THE CITY COUNCIL OF THE CITY OF FORT COLLINS APPROVING AN INTERGOVERNMENTAL AGREEMENT WITH THE FORT COLLINS URBAN RENEWAL AUTHORITY FOR THE AUTHORITY’S CONTRIBUTION OF FUNDS TO THE CITY’S NORTH COLLEGE DRAINAGE IMPROVEMENT DISTRICT PROJECT WHEREAS, in 2004, the Fort Collins City Council adopted Resolution 2004-152 approving the North College Avenue Urban Renewal Plan, which it amended in 2015 in Resolution 2015-106 (the “North College Plan”); and WHEREAS, the North College Plan was adopted to facilitate the elimination and prevention of blighted areas within the plan area identified in the Plan (the “Plan Area”) by promoting and assisting undertakings and activities within the Plan Area involving the development, redevelopment and rehabilitation of Plan Area properties as part of a single urban renewal project (the “North College Project”); and WHEREAS, the Fort Collins Urban Renewal Authority (the “Authority”) implements and administers the North College Plan; and WHEREAS, a drainage analysis and report for the North College Drainage Improvement District (“NCDID”) area was completed in 2006, and updated in June 2017, and includes conceptual stormwater improvements, cost estimates and a phased implementation approach; and WHEREAS, the City of Fort Collins (“City”) is designing the NCDID improvements, including transportation designs for North Mason Street (Alpine Street to Hickory Street), along with Alpine Street, Pinon Street and Hemlock Street (Mason Street to North College Avenue) (the “Project”); and WHEREAS, the Authority desires to contribute $300,000 to help fund the Project as it is in furtherance of the North College Plan’s goal to eliminate blight and redevelop the Plan Area to meet the needs and expectations of the Authority, the surrounding neighborhood, and the City at large; and WHEREAS, to memorialize this contribution, City and Authority staff have presented to the City Council and Authority Board for their consideration the Intergovernmental Agreement attached as Exhibit “A” and incorporated herein (the “Agreement”), under which the Authority agrees to pay the City $300,000 to help fund the Project, which is estimated to cost a total of approximately $767,800; and WHEREAS, the City and the Authority are authorized to enter into the Agreement to cooperate in the funding and construction of the Project pursuant to Section 29-1-203 of the Colorado Revised Statutes (“C.R.S.”) and the Colorado Urban Renewal Law, including, without limitation, C.R.S. Section 31-25-112, and the City is further authorized to do so under City Charter Article II, Section 16; and -2- WHEREAS, on February 27, 2019, the Authority’s Board of Commissioners adopted Resolution No. 094 approving the Agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the City Council hereby makes and adopts the determinations and findings contained in the recitals set forth above. Section 2. That the Agreement is hereby approved and the Mayor is authorized to enter into the Agreement on the City’s behalf in substantially the form attached hereto as Exhibit “A,” subject to such minor modifications as the City Manager, in consultation with the City Attorney, may determine to be 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 16th day of April, A.D. 2019. _________________________________ Mayor ATTEST: _____________________________ City Clerk