HomeMy WebLinkAbout1994-162-10/04/1994-D.O.L.L. DEVELOPMENT NATURAL AREA PURCHASE RESOLUTION 94-162
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE PURCHASE OF FIFTY-THREE
ACRES OF LAND FOR NATURAL AREA PURPOSES
WHEREAS, D.O.L.L. Development, A Colorado General Partnership, is the owner
of approximately 53 acres of land located east of College Avenue, and north of
Trilby Road 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.O.L.L. Development has agreed to sell the Property to the City
for $150,000; 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 purchase of the Property will help the City meet the
objectives of the City's Natural Areas Policy 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 fifty-three (53) acres of land, as described
on Exhibit "A, " for One Hundred Fifty Thousand Dollars ($150,000) .
Section 2. That the fifty-three (53) 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 Co�,l of the City of Fort
Collins held this 4th day of October, A.D. 1994
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ATTEST:
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EXHIBIT "A"
Lots 7, 8, 91 10 in Block 1, All of Blocks 2 and 3, Lots 1, 21
3, 4, 5, 6, 7, 8, 9 in Block 4, Lots 1, 2 3, 5, and 6 in Block 5,
Lots 1 and 3 in Block 6, Lynn Acres, Larimer County, Colorado
according to the Plat thereof recorded May 5, 1971 in Book 1460 at
Page 621 of the Larimer County, Colorado records.