HomeMy WebLinkAbout020 - 02/19/1980 - ADOPTING CHAPTER 90 OF THE CITY CODE AND PROVIDING FOR REIMBURSEMENTS FOR IMPROVEMENTS (NOT CONSIDER OPDINANCE NO 20 1980
\ OF THE COUNCIL OF THE CITY OF FORT COLLINS
ADOPTING CHAPTER 90 OF THE CODE OF THE CITY
OF FORT COLLINS AND PROVIDING FOR REIPiBURSEMENTS
FOR IMPROVEMENTS
BE If ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS
Section 1\ That Chapter 90 of the Code of the City of Fort Collins
be, and the same hereby is, adopted as follows
"Chapter 90 Reimbursement for Improvements
§90-1 Reimbursement for Improvements
When a\ person or improvement district causes
any of the following specified improvements to
be const\r\ucted and other undeveloped proper-
ties in the vicinity are in a position to
receive benefit from said specified improve-
ments, the person or district may enter into
an agreement with the City to the effect that
at such time \as said properties develop and
realize benefit\froin said improvements, the
City fray collect \a charge as set forth below
and , if so collected , shall reimburse the
person or district making the improvement to
the extent of the collection so made The
right of reimbursement pursuant to this
,�ectiron shall not exceey a period or ten (10)
years froin the execution of the agreement
The specified improvements subject to this
provision are
(a) Streets
(b) Strt& lightinq or side,ialks
g90 Compuzacion of Reimb.,r�,Pmant Char ce
Reimbursement charges snall be calculated on
the basis of benefit received in proportion to
the entire improvement according to the
following standard
(a) In the case of the improvement of any
street, upon all of the lots abutting on
Not Cor\cs L4gre-cl
r
Ind itl U10Fo Clrin the
i t )otl�lje t ch lrt or tract of l It d i s
to the rrontage of all lots and lands so
improved
(b) In the case of improvements consisting of
construction of street lighting or
sidewalks, in proportion as the frontage
of each lot or tract of land is to the
frontage of all lots or lands
In the case of any of the specified improve-
ments, the City Council shall have the author-
ity to determine the reimbursement charge by
any other method which is equitable and
just
The reimbursement agreement may provide that
any amounts due may be increased by an equit-
able amount in recognition of the effects of
inflation
Introduced, considered favorably on first readina and ordered pub-
lished this day of 1980, and to be presented for final
passage on the day of 1980
Mayor
ATTEST
City Clerk
1980 Passed and adopted on second reading this day of ,
Nayor
ATTEST
City Clerk
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