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HomeMy WebLinkAbout1984-048-03/20/1984-APPROVING RECOMMENDATIONS OF THE SUBCOMMITTEE ON OPEN SPACE 0 0 RESOLUTION 84- 48 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING RECOMMENDATIONS OF THE SUBCOMMITTEE ON OPEN SPACE WHEREAS, in 1983 the Subcommittee on Open Space was formed in response to a need for effective action to preserve valuable remaining open space resources; and WHEREAS, on November 22, 1983, Council received a report which out- lined several directions developed by the Subcommittee; and WHEREAS, the Council encouraged the Subcommittee to continue in the directions outlined and to prepare a final list of recommendations for Council review; and WHEREAS , final recommendations were submitted to Council at the February 28, 1984 worksession which included funding allocations for the purchase or development of open space based on available and estimated lottery funds of Three Hundred Seventy-Three Thousand Eight Hundred and Forty-Seven Dollars ($373,847) plus interest for 1983, and Two Hundred Thousand Dollars ($200,000) for 1984. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the final recommendations of the Subcommittee on Open Space relating to funding allocations for the purchase or development of open space based on available and estimated lottery funds be, and the same hereby are, approved as follows: 1 . One Hundred Thousand Dollars ($100 ,000) for Foothills Trail completion; 2. One Hundred Thousand Dollars ($100,000) towards the Spring Creek Trail System; Fifty Thousand Dollars ($50,000) put annually into an account totalling Two Hundred and Fifty Thousand Dollars ($250,000) at the end of five (5) years to acquire and develop Spring Creek Trail when availability status changes; 3. One Hundred Thousand Dollars ($100,000) toward Fort Collins/ Loveland Corridor; and 4. Two Hundred and Sixty Thousand Dollars ($260,000) for property negotiations and acquisition, for which specific appropriation ordinances will be prepared by staff at a later date. Passed and adopted at this regular meeting of the Council of the City of Fort Collins held this 20th day of March, A.D. 1984. May i ATTEST: City Clerk