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HomeMy WebLinkAbout1998-062-05/19/1998-REAFFIRMING CITY COUNCILS COMMITMENT TO THE NATURAL AREAS PROGRAM AND TO THE ACQUISITION OF LAND THR RESOLUTION 98-62 OF THE COUNCIL OF THE CITY OF FORT COLLINS REAFFIRMING CITY COUNCIL'S COMMITMENT TO THE NATURAL AREAS PROGRAM AND TO THE ACQUISITION OF LAND THROUGH THAT PROGRAM IN A TIMELY AND COST EFFECTIVE MANNER WHEREAS, in April 1997, as part of the Building Community Choices capital projects program,the voters of the City of Fort Collins approved Ordinance No.29, 1997(the"Ordinance"), which authorized a quarter-cent sales tax(the"Natural Areas and Parks Tax")to be collected for the purposes of funding the City's Natural Areas Program and certain parks projects; and WHEREAS, the term of the Natural Areas and Parks Tax began January 1, 1998, and will run through December 31, 2005; and WHEREAS, the Ordinance authorizes and requires the City to use at least twenty-seven million dollars ($27,000,000) from the proceeds of the Natural Areas and Parks Tax to fund its Natural Areas Program, to the extent that such tax revenues equal or exceed said amount; and WHEREAS,the Ordinance also authorizes the construction of four park-related projects,to the extent that additional revenues from the Natural Areas and Parks Tax are sufficient for such purposes, which projects include a community horticulture center, certain park improvements,the development of Fossil Creek Community Park,and funding for a regional trails program(the"Parks Projects"); and WHEREAS,the Parks Projects have been described in the Ordinance in general terms,with construction cost estimates based on 1996 dollars; and WHEREAS,the Ordinance requires that any excess revenues which are collected as a result of the Natural Areas Tax, after the completion of all of the Parks Projects, must be committed to further funding of the City's Natural Areas Program; and WHEREAS, the Council wishes to take a fiscally responsible approach to the allocation of funds to the Parks Projects; and WHEREAS, in the face of ever escalating land cost, the Council wishes to maximize the City's ability to purchase natural areas by augmenting staff and financial resources without compromising the integrity of the Park Projects approved by the voters. NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the Council reaffirms its commitment to the funding ofthe Natural Areas Program and to the fulfillment of its obligations under Ordinance No. 29, 1997. Section 2. That the Council directs staff to explore opportunities to augment its natural areas land acquisition program through the use of real estate professionals, or such other methods as may ensure that the City effectively achieves the goals set out in the City's Natural Areas Policy Plan. Section 3. That the Council will consider opportunities to supplement revenues from the Natural Areas and Parks Tax with other revenue sources which are lawfully available to it, should opportunities arise which require more funding for the Natural Areas Program than is available under the approved funding schedule for revenues from the Natural Areas and Parks Tax. Section 4. That in order to ensure that adequate excess revenues are available for natural area purposes after the completion of all of the Parks Projects, those projects shall be constructed according to the descriptions contained in Exhibit A to Ordinance No.29, 1997,with the maximum amount of revenues from the Natural Areas and Parks Tax not to exceed the amount shown below, and in accordance with the following schedule: Maximum Natural Year to be Completed Areas and Parks Tax Expenditure (including inflation) Community Park Improvements $ 576,332 2004 Community Horticulture Center $2,250,542 1999 Fossil Creek Community Park $9,829,167 2002 Regional Trails $1,678,418 2003 Section 5. That at such time as the existing Natural Areas and Parks Tax expires, the Council supports submitting the extension of such tax to the registered electors of the City, so as to ensure the ongoing funding of the Natural Areas Program. Section 6. That nothing in this Resolution shall be construed as superseding the provisions of Ordinance No. 29, 1997. Passed and adopted at a regular meeting of the Council of e C;i 6f Fort Co 'ns heldX is 19th day of May, A.D. 1998. / f Mayor ATTEST: IL ��w City Clerk