HomeMy WebLinkAbout032 - 04/18/1995 - AUTHORIZING THE CITY TO ENTER INTO A LIVESTOCK GRAZING LEASE AGREEMENT FOR MEADOW SPRINGS RANCH WITH ORDINANCE NO. 32, 1995
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE CITY OF FORT COLLINS TO ENTER
INTO A LIVESTOCK GRAZING LEASE AGREEMENT FOR
MEADOW SPRINGS RANCH WITH NATURAL FORT GRAZING, LTD.
WHEREAS, in late 1990, the City of Fort Collins (the "City") purchased that certain real
property commonly known as the Meadow Springs Ranch (the "Property"); and
WHEREAS, since purchasing the Property, the City has leased-it each year for livestock
grazing purposes; and
WHEREAS, in January, 1995, City staff issued a request for proposals to lease the Property
for livestock grazing purposes for a term of six (6) years, and in response, the City received six (6)
proposals which were reviewed, resulting in the proposal of Natural Fort Grazing, Ltd. ("NFG")
being selected; and
WHEREAS,the City and NFG have entered into a Grazing Lease Agreement dated March
21, 1995, which Lease Agreement is on file with the Fort Collins City Clerk's Office; and
WHEREAS, the term of the Lease Agreement is for five (5) years and seven and one-half
(71/2) months; and
WHEREAS,the Lease Agreement is contingent upon City Council approving it by ordinance
on second reading on or before April 18, 1995; and
WHEREAS, Sections 23-111 and 23-114 of the Code of the City of Fort Collins authorize
the City Council to lease, for a definite term of more than two years, any and all interest in real
property owned by the City which is part of a City utility system, provided the City Council first
finds, by ordinance, that the lease is in the best interests of the City, that the lease will not materially
impair the viability of the City's affected utility system as a whole, and that the lease will be for the
benefit of the citizens of the City.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the lease of the Property to NFG pursuant to the terms of the Lease
Agreement is in the best interests of the City, that such lease of the Property will not materially
impair the viability of the City's Wastewater utility system as a whole, and that such lease will be for
the benefit of the citizens of the City.
Section 2. That the Lease Agreement is hereby approved by the Council.
Introduced, considered favorably on first reading, and ordered published this 21st day of
March, A.D., 1995, and to be presented for final passage on the day of April, ., 19 5.
ayor
ATT-E(S�T:
City Clerk
Passed and adopted on final reading this 18th day of 1 , A.D , 1995.
ayor
ATTEST::?
417 '0 Clerk