HomeMy WebLinkAbout1983-072-04/05/1983-PERTAINING TO AN AGREEMENT BETWEEN THE DOWNTOWN DEVELOPMENT AUTHORITY AND OLD TOWN ASSOCIATES, LTD. RESOLUTION 83- 72
OF THE COUNCIL OF THE CITY OF FORT COLLINS
PERTAINING TO AN AGREEMENT BETWEEN THE DOWNTOWN
DEVELOPMENT AUTHORITY AND OLD TOWN ASSOCIATES, LTD
WHEREAS, the Downtown Development Authority has entered into an
Agreement with Old Town Associates, Ltd providing for the preservation
and redevelopment of a portion of the historic old town area of Fort
Collins, and
WHEREAS, such Agreement provides for participation by the DDA in the
proposed project which will include the Downtown Development Authority
constructing a proposed Linden Street Plaza and providing parking near the
project to be used by the general public, and
WHEREAS, the Downtown Development Authority has made a presentation
to the City Council concerning the proposed project and a copy of the
Agreement has been received by the City and filed with the City Clerk,
and
WHEREAS, the City Council desires to express its support for the
proposed project
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that
1 The City Council concurs with the concept set forth in the Agree-
ment between the Downtown Development Authority and Old Town Associates and
encourages the Downtown Development Authority to pursue such concept and
the resolution of the contingencies contained in the Agreement
2 Nothing contained in this resolution shall be construed to commit
the City of Fort Collins to any specific action in connection with the
proposed project and the City Council reserves its full power to consider
specific proposals to be made by the Downtown Development Authority and Old
Town Associates in order to resolve the contingencies set forth in the
Agreement
Passed and adopted at a regular meeting of the Council of the City of
Fort Collins held this 5th day of April , 1983
ATTEST Mayor
tyLl Clerk