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HomeMy WebLinkAbout1987-084-06/02/1987-AGREEMENT ALL WEATHER TRACK FACILITY COLORADO STATE UNIVERSITY RESOLUTION 87-84 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT WITH COLORADO STATE UNIVERSITY FOR CONSTRUCTION OF AN ALL-WEATHER TRACK FACILITY WHEREAS, Colorado State University (C.S.U.) in Fort Collins owns a track facility located between the streets of South College Avenue, Pitkin Street, Mason Street and University Avenue in the City of Fort Collins; and WHEREAS, C.S.U. has proposed the reconstruction of the C.S.U. track facility to include an upgraded all -weather surface, together with public facilities and improvements thereto; and WHEREAS, the City of Fort Collins has determined that there are certain public benefits to come to the City of Fort Collins upon the construction of the track facility and the City desires to contract with C.S.U. for the construction of the track facility. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1 . The City Manager is authorized on behalf of the City to enter into an Agreement with C.S.U. for construction by C.S.U. of an all -weather track to include the following: a. The track will be constructed at the location in the City of Fort Collins between the streets of South College Avenue, Pitkin Street, Mason Street and University Avenue, together with public improvements, all utilities thereto, fencing, landscaping, curbs, gutters and sidewalks, as described in the project proposals submitted to the City. b. The City shall pay $ 100 , 000 from the Economic Development account and $20,000 from the maintenance and mitigation account to C.S.U. for construction of the project when it is determined by the parties that funds are available to complete the project described. c. The improvements shall be completed not later than May 1, 1988. d. As a part of the performance of C.S.U. , it will allow public access to the track at such times as the facility is not scheduled for C.S.U. activities or other scheduled use, upon terms and conditions established by C.S.U. for the operation and management of the facility. Section 2. Upon the execution of an Agreement with C.S.U. , the City Manager is further authorized to execute such other agreements, documents or instruments as are necessary to accomplish the purposes of this Resolution. Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 2nd day of June, A.D. 1987. Mayor ATTEST: City C M