HomeMy WebLinkAboutMemo - Mail Packet - 07/22/2025 - Memorandum from Ginny Sawyer re July 8, 2025 Work Session – Community Capital Improvement Program Renewal ItemCity Manager’s Office
City Hall
300 LaPorte Ave.
PO Box 580
Fort Collins, CO 80522
970.221.6505
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WORK SESSION MEMORANDUM
Date: July 17, 2025
To: Mayor and City Councilmembers
Through: Kelly DiMartino, City manager
Tyler Marr, Deputy City Manager
From: Ginny Sawyer, Project Manager
Subject: July 8, 2025 work session – Community Capital Improvement Program Renewal Item
BOTTOM LINE
The purpose of this memo is to document the summary of the discussion during the July 8,
2025, work session. Mayor Arndt, Mayor Pro Tem Francis and Councilmembers Gutowsky,
Pignataro, Canonico and Potyondy, and Ohlson were present in person.
Staff provided an update on work that has occurred since the last work session on May 27,
2025. The recommended package of projects remained the same with the addition of:
- A recommendation to NOT bond against the Housing Fund.
- Added inflation over time to the Housing Fund.
- Communicated the potential for $2-2.5M in remaining 2015-2025 funds that could be
utilized towards affordable housing.
- Clarified total Operation & Maintenance included in proposed package is $375K.
DISCUSSION SUMMARY
- There was both disappointment and understanding of the lack of additional dollars to the
Housing Fund.
- There was overall support and desire for:
o Adding $7M to advance composting goals.
o Scaling or looking for other funding sources for the Parks Shop and the Trolley
Barn to find additional money.
o Changing the name of the Mulberry Pool funding to better reflect that this will be
a portion, or seed money, for a future facility.
o Not requiring all Housing Funds to be restricted to a revolving loan but to be
more flexible throughout the 10-year program.
NEXT STEPS
Staff will bring a ballot referral item on August 19, 2025 reflecting the desired changes noted
above.
Docusign Envelope ID: 6D30CCED-F1D2-4C42-9B78-B639EC135964
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FOLLOW-UP ITEMS
There was a question regarding the scheduling of Housing Fund availability. With the potential
of utilizing remaining 2016-2025 funds along with first year collections, staff anticipates being
able to offer a project feasible amount to housing partners within the first or second year. A
second contribution could come within the 4th year (2029) with additional dollars being available
later in the program.
Docusign Envelope ID: 6D30CCED-F1D2-4C42-9B78-B639EC135964