HomeMy WebLinkAbout169 - 12/06/1994 - APPROPRIATING PRIOR YEAR RESERVES IN THE STORM DRAINAGE FUND FOR THE PURCHASE OF LAND FOR THE LOCUST ORDINANCE NO. 169, 1994
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES
IN THE STORM DRAINAGE FUND FOR THE
PURCHASE OF LAND FOR THE LOCUST
STREET OUTFALL
WHEREAS, the Locust Street Outfall is a capital improvement project
identified in the Old Town Master Drainageway Plan, adopted by City Council in
December, 1993; and
WHEREAS, design and construction of the Locust Street Outfall is currently
planned to begin in 1998; and
WHEREAS, the property where the channel would be located is currently for
sale; and
WHEREAS, the current property owners are interested in selling to the City;
and
WHEREAS, staff has estimated that the costs associated with this land
purchase are $280,000; and
WHEREAS, since funds for this proposed property acquisition have not
previously been budgeted or appropriated, the entire $280,000 needs to be
appropriated from prior year reserves in the Storm Drainage Fund; and
WHEREAS, Article V, Section 7, of the Charter authorizes the City Council
to provide by ordinance for payment of any expense from reserves accumulated in
prior years, notwithstanding that such reserves were not appropriated for
expenditure in the annual appropriation ordinance.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS
that there is hereby appropriated for expenditure from prior year reserves in the
Storm Drainage Fund the sum of TWO HUNDRED EIGHTY THOUSAND DOLLARS ($280,000) for
the purchase of land for the Locust Street Outfall .
Introduced, considered favorably on first reading, and ordered published
this 15th day of November, A.D. , 1994, and to be presen for final p ge on
the 6th day of December, A.D. 1994.
ayor
ATTEST:
y City Cl
Passed and adopted on final reading this 61; 6y`�j3, Decem A 1994.
ayor
ATTEST:
City Clerk
EXHIBIT "A"
EASEMENT- DESCRIPTION:
A tract of land 5 feet wide in the Southwest 1/4, Section 15, Township 7 North,
Range 69 West of the 6th Principal Meridian, Larimer County, Colorado, together
with a tract of land 10 feet by 10 feet in the same said Southwest 1/4; said
tracts are described as follows:
5 Feet Wide Tract:
From the West Quarter corner of said Section 15; thence S 01 degrees 52 minutes
18 seconds E. 1,391.40 feet to the POINT OF BEGINNING; thence N 00 degrees 32
minutes 00 seconds W, 187.35 feet, said line being 2.5 feet East of the Easterly
right of way of South Taft Hill Road and 2.5 feet South of the Southerly Property
line of Clearview Avenue; thence on a curve to the left, said curve having a
central angle of 6 degrees 28 minutes 57 seconds, a radius of 592.50 feet, an arc
length of 67.04 feet, and a chord bearing of N 85 degrees 22 minutes 29 seconds
E to the POINT OF TERMINUS, said tract contains 1,272 square feet, more or less.
10 Feet by 10 Feet:
From the West Quarter corner of said Section 15; thence S 05 degrees 16 minutes
05 seconds E, 1,205.49 feet to the POINT OF BEGINNING; thence S 07 degrees 23
minutes 39 seconds E, 10.00 feet; thence S 82 degrees 36 minutes 21 seconds W,
10'00 feet; thence N 07 degre-es 23 mi-rutes 39 seconds W; 10.00 feet; thence on
a curve to the left, said curve having a central angel of 00 degrees 57 minutes
47 seconds, a radius of 595.00 feet, an arc length of 10.00 feet and a chord
bearing of N 82 degrees 36 minutes 21 seconds E to the POINT OF BEGINNING, said
tract contains 100 square feet, more or less.
The basis of bearings for this easement description is the Westerly line of said
Southwest 1/4, said line bears N 00 degrees 32 minutes 00 seconds W.