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HomeMy WebLinkAbout1994-161-10/04/1994-NATURAL AREA PURCHASE W.R.E.N. BROADCASTING CO RESOLUTION 94-161 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE PURCHASE OF THIRTY-FIVE ACRES OF LAND FOR NATURAL AREA PURPOSES WHEREAS, the W.R.E.N. Broadcasting Company, Inc. is the owner of approximately 35 acres of land located east of the Poudre River and south of Prospect Street 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, the W.R.E.N. Broadcasting Company, Inc. has agreed to sell the Property to the City for the amount of $1,000 per acre, or approximately $35,000; and 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, the Parks and Recreation Master Plan as adopted by the City Council delineates an open space corridor along the Cache La Poudre River within the City which includes 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 Parks and Recreation Master Plan; 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 of the Capital Projects Fund for the acquisition of said 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, the Natural Resources Advisory Board and the Parks and Recreation Board have 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, individually authorized to execute such documents as are necessary for the City to acquire the Property comprising approximately thirty-five (35) acres of land, as described on Exhibit "A," for One Thousand Dollars ($1,000) per acre. Section 2. That the thirty-five (35) acres of land, 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 4th day of October, A.D. 1994. yor ATTEST:: City Clerk EXHIBIT "A" Lots 1 and 2 and the NE 1/4 of Section 20, Township 7 North, Range 68 West of the 6th P.M. , EXCEPT a tract of land situate in Lot 2 of the NE 1/4 of Section 20, Township 7 North, Range 68 West of the 6th P.M. , which considering the North line of the NE 1/4 of said Section 20 as bearing West and with all bearings contained herein relative thereto is contained within the boundary lines which begin at the North 1/4 corner of said Section 20 and run thence South 01 degrees 16 minutes E 660.73 feet along the West line of said NE 1/4 , thence South 44 degrees 50 minutes East 962 . 28 feet; thence South 88 degrees 50 minutes East 349. 60 feet along the South line of the said NW 1/4 NE 1/4; thence North 01 degrees 39 minutes East 542 . 37 feet, thence North 40 degrees 28 minutes West 719 . 00 feet, thence North 10 degrees 09 minutes West 265 . 10 feet to a point of the North line at the said NE 1/4, thence West 544 . 85 feet along the North line of the said NE 1/4 to the point of beginning, Larimer County, Colorado.