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HomeMy WebLinkAbout1995-005-01/03/1995-D. JENSEN ENTERPRISES INC NATURAL AREA PURPOSES PURCHASE 80 ACRES SEC10-T6N-R69W RESOLUTION 95-5 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE PURCHASE OF 80 ACRES OF LAND FOR NATURAL AREA PURPOSES WHEREAS, one of the objectives of the Natural Areas Policy Plan as adopted by the City Council is to establish a system of publicly owned natural areas to protect the integrity of critical conservation sites, protect corridors between natural areas, preserve outstanding examples of Fort Collins' diverse natural heritage and provide a broad range of opportunities for educational, interpretive, and recreational programs to meet community needs; and WHEREAS, d. Jensen Enterprises, Inc. is the owner of approximately 80 acres of land located east of Taft Hill Road, and south of the Cathy Fromme Prairie in Fort Collins, more particularly described on Exhibit "A," attached hereto and incorporated herein by this reference and referred to herein as "the Property'; and WHEREAS, d. Jensen Enterprises, Inc. has agreed to sell the Property to the City for $520,000, and WHEREAS, the City expects to receive a grant from Great Outdoors Colorado in the amount of$235,000 to partially reimburse the City for the costs of acquiring the Property; and WHEREAS, the City anticipates conveying a conservation easement on the Property to a qualified land trust as a condition of receiving the GO Colorado grant money; and WHEREAS, Latimer County expects to receive a contribution of $60,000 to partially reimburse the City for the costs of acquiring the Property; and WHEREAS, the City anticipates entering into an intergovernmental agreement with the County concerning the County's use and maintenance of the Property; and WHEREAS, the purchase of the Property will help the City meet the objectives of the City's Natural Areas Policy Plan and will meet the Council policy of maintaining open spaces between Loveland and Fort Collins; and WHEREAS, in the November 1992 General Election, the citizens of the City of Fort Collins approved a one-quarter cent sales tax for the purpose of acquisition and maintenance of natural areas; and WHEREAS, sufficient funds are available and appropriated in the Natural Areas Project in the Capital Projects Fund to fund the purchase price of the Property, and additional funds are available in the Capital Projects Fund for maintenance of the Property following acquisition; and WHEREAS, the Council has determined that the purchase price of the Property is fair and reasonable and in the best interests of the citizens of the City; and WHEREAS, on December 7, 1994 the Natural Resources Advisory Board and the Parks and Recreation Board recommended to the Council that the acquisition of the Property be completed. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the City Manager and Mayor be, and hereby are, authorized to execute such documents as are necessary for the City to acquire the Property, comprising approximately eighty (80) acres of land, as described on Exhibit "A," for $520,000. Section 2. That the Property, while owned by the City, shall be used solely as a public natural area, and that in the event that the City Council subsequently determines that it is in the best interests of the City to sell or otherwise dispose of all or any portion of the Property, the proceeds of such sale shall be dedicated to the acquisition or maintenance of other public natural areas. Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 3rd day of January, A.D. 1995. ayor ATTEST: City Clerk EXHIBIT "A" The N 1/2 of the NW 1/4 of Section 10, Township 6 North, Range 69 West of the 6th P.M. , EXCEPT the East 60 feet of the West 90 feet, County of Larimer, State of Colorado.