HomeMy WebLinkAbout1994-131-08/16/1994-7100 SOUTH LEMAY ALLOTMENT CONTRACT CBT WATER NCWCD SOUTH LEMAY SID NO. 86 TEMPORARY USE PERMIT RESOLUTION 94-131
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROVING AN APPLICATION FOR A TEMPORARY USE PERMIT
WITH THE NORTHERN COLORADO WATER CONSERVANCY DISTRICT
FOR 50 UNITS OF COLORADO-BIG THOMPSON WATER
WHEREAS, the City of Fort Collins ("the City") recently acquired title to
a parcel of land commonly known as 7100 South Lemay ("the Property") ; and
WHEREAS, the City acquired title to the Property through the issuance of
a Treasure's Deed to the City arising from the tax sale of the Property due to
the non-payment of assessments owed to the South Lemay Special Improvement
District No. 86 ("the Special Improvement District") ; and
WHEREAS, as a consequence of the City acquiring title to the Property, the
City also acquired ownership of a Class D Allotment Contract of fifty (50) acre-
foot units of Colorado-Big Thompson water ("the CBT water") which is attached to
the Property; and
WHEREAS, in order to perfect the City's title to the CBT water, it is
necessary for the City to file with the Northern Colorado Water Conservancy
District ("the NCWCD") an Application for Change of Class D Allotment Contract,
an application for a Temporary Use Permit, and an Ownership Report certifying
that the City owns fee title to the Property; and
WHEREAS, once the City's title to the CBT water is so perfected, the CBT
water will be transferred to the City's Water and Wastewater Utility which will
pay to the City's Finance Department the fair market value of CBT water so that
such monies can be applied to the reduction of the bond indebtedness owed by the
Special Improvement District.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS
that the City Manager be, and hereby is, authorized to file with the NCWCD an
Application for Change of Class D Allotment Contract and an application for a
Temporary Use Permit for the CBT Water; and that the City Attorney, or his
designee, is further authorized to execute the Ownership Report required by NCWCD
certifying that the City owns fee title to the Property.
Passed and adopted at a regular meeting of the Council of the City of Fort
Collins held this 16th day of August, A.D.
ATTEST:
City Clerk