HomeMy WebLinkAbout027 - 03/18/2008 - AUTHORIZING THE LEASE OF NATURAL AREA PROPERTY AT 1425 OVERLAND TRAIL ORDINANCE NO. 027, 2008
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE LEASE OF NATURAL AREA
PROPERTY AT 1425 OVERLAND TRAIL
WHEREAS, the City of Fort Collins is the owner of the property legally described as the
South''/2 of the North Y2 of Section 5,Township 7 North,Range 69 West of the 6th P.M.,County of
Larimer, Colorado, also known as 1425 Overland Trail (the "Property"); and
WHEREAS, the City purchased the Property for Natural Areas purposes and it is now
included in the Reservoir Ridge Natural Area; and
WHEREAS,the City has owned the Property subject to an agricultural lease since 2004;and
WHEREAS,City staff has proposed that the City continue to lease approximately 154 acres
of the Property as more particularly described on Exhibit A,attached hereto and incorporated herein
by reference (the "Lease Area"), for agricultural purposes; and
WHEREAS, City staff conducted a request for proposals process soliciting proposals for
agricultural use of the Lease Area; and
WHEREAS, as a result of proposal process, City staff selected Roger and Keith Amey to
lease the Lease Area; and
WHEREAS, leasing the Lease Area for agricultural production reduces management and
maintenance costs for the Natural Areas Program; and
WHEREAS, City staff has also proposed that the Lease Area be leased at an annual lease
rate of$3,000; and
WHEREAS, staff has proposed that the Lease Area be leased on an annual basis for a total
possible lease period of five years; and
WHEREAS, staff has negotiated terms and conditions which have been incorporated into
a proposed lease agreement,a copy of which is dated February 29, 2008, and is on file in the office
of the City Clerk and available for inspection(the"Lease Agreement'); and
WHEREAS, the terms of the negotiated agreement allow the City to develop and to allow
limited public use of the Lease Area; and
WHEREAS, the Land Conservation and Stewardship Board, at its regular meeting of
February 13, 2008, recommended that the Council authorize the proposed lease; and
WHEREAS, under Section 23-114 of the Code of the City of Fort Collins, the Council is
authorized to lease any and all interests in real property owned in the name of the City,provided that
Council first finds that the lease is in the best interests of the City.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the Council hereby finds that the lease of the Lease Area as described
above is in the best interests for the City of Fort Collins.
Section 2. That the City Manager is hereby authorized to execute the Lease Agreement
and such other lease documents and other documents as may be necessary to carry out the terms of
this Ordinance, together with such terms as the City Manager, in consultation with the City
Attorney,determines to be necessary or appropriate to protect the interests of the City,including any
necessary corrections to the legal descriptions shown thereon that do not result in a material increase
or change in character of the intended lease property.
Introduced, considered favorably on first reading, and ordered published this 4th day of
March, A.D. 2008, and to be presented for final passage on the th day of March, A.D 008.
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May '
ATTEST:
City Clerk r
Passed and adopted on final reading on the 18th day ofzMIRli, A.D. 2008.
Mayor
ATTEST:
4UL)N�
City Clerk
Exhibit A - 1425 North Overland Trail Lease Area
j House and outbuildings :
1425 North Overland Trail
Special Lease Area E=
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Special Lease Area
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