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HomeMy WebLinkAbout1985-217-11/19/1985-AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT FOR THE PURCHASE OF OPEN SPACE LAND IN THE F RESOLUTION 85-217 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT FOR THE PURCHASE OF OPEN SPACE LAND IN THE FOOTHILLS WHEREAS, in February of 1984 the Open Space Subcommittee of the Council of the City of Fort Collins established a priority list of properties to be acquired by the City for open space and public use; and WHEREAS, one hundred and twenty (120) acres located on a ridge east of Horsetooth Reservoir and owned by the Campeau family was listed as number three in priority of acquisition; and WHEREAS, this property has the potential for being developed as part of the Foothills Trail system and its acquisition would also provide solutions to the concerns of neighboring landowners and future trail users; and WHEREAS , acquisition of the Campeau property will enable the City to join all of the City' s open space and trails activities in the foothills; and WHEREAS, the plan to purchase the Campeau property was unanimously approved by the Parks and Recreation Board on October 22, 1985; and WHEREAS, monies are available in the Conservation Trust Fund and the Capital Projects Fund to pay the Two Hundred Forty Thousand Seven Hundred and Twenty-Eight Dollars ($240,728. ) for the purchase of the Campeau property. NOW, THEREFORE , BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Manager be, and he hereby is, authorized to enter into an agreement for the purchase of one hundred and twenty ( 120) acres of land known as the Campeau property for a purchase price not to exceed Two Hundred Forty Thousand Seven Hundred and Twenty-Eight Dollars ($240,728. ) . Passed and adopted at a regular meeting of the City Council held this 19th day of November, A.D. 1985. adv // aud mayor ATTEST: City Clerk