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HomeMy WebLinkAbout2018-065-06/19/2018-DISCONTINUING THE CITY COUNCIL MALL REDEVELOPMENT COMMITTEE RESOLUTION 2018-065 OF THE COUNCIL OF THE CITY OF FORT COLLINS DISCONTINUING THE CITY COUNCIL MALL REDEVELOPMENT COMMITTEE WHEREAS, in January 2014, the City, with City Council approval, entered into a Redevelopment and Reimbursement Agreement (the "Agreement") with the Fort Collins Urban Renewal Authority, Walton Foothills Holdings VI,.L.L.C. (the "Developer") and the Foothills Metropolitan District regarding the Developer's then proposed redevelopment of the Foothills Mall (the "Mall Project"); and WHEREAS, in July 2014, the City Council adopted Resolution 2014-056 (the "2014 Resolution") to create the City Council Mall Redevelopment Committee (the "Committee") and to appoint three Councilmembers to serve on the Committee; and WHEREAS, the Committee was created by Council to provide oversight and to be available to the City Manager to provide feedback concerning his administration of the Agreement in light of the complexity of the Mall Project and the need for flexibility in future decision making concerning the Project; and WHEREAS, Section 3 of the 2014 Resolution provides that it was City Council's "intent that upon completion of the redevelopment of the commercial portion of the Mall Project," the Committee would be discontinued; and WHEREAS,the commercial portion of the Mall Project has been completed for over a year and, therefore, the Council hereby finds and determines that the Committee is no longer needed. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS, as follows: Section 1. That the City Council hereby makes and adopts the determinations and findings contained in the recitals set forth above. Section 2. That the Committee is hereby discontinued. Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 19th day of June, A.D. 2018. Mayor ATTEST: OR ioF f... ,�-^- ; SEAL y City CI cO�ORA- -1-