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HomeMy WebLinkAbout1984-111-07/17/1984-AUTHORIZING THE EXECUTION OF AN INTERGOVERNMENTAL AGREEMENT BETWEEN THE CITY AND LARIMER COUNTY FOR RESOLUTION 84- 111 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE EXECUTION OF AN INTERGOVERNMENTAL AGREEMENT BETWEEN THE CITY OF FORT COLLINS AND LARIMER COUNTY, COLORADO FOR THE PURPOSE OF SHARING THE COSTS OF CONSTRUCTION OF CERTAIN ROADS AND INTERCHANGE FACILITIES WHEREAS, Anheuser-Busch, Inc. , (Busch) has expressed an interest in the construction of a brewery in the Fort Collins area; and WHEREAS, Busch has acquired an option to purchase property in Larimer County adjacent to Interstate 25 with access to transportation facilities at the location including Interstate 25 interchanges and frontage roads; and WHEREAS, the City and the County anticipate that each will construct certain roads and interchanges of a public benefit in the area of the Busch property; and WHEREAS, the City has agreed with Busch that it will construct certain roads and interchanges of a public benefit in the area of the Busch pro- perty; and WHEREAS, the County has recognized the income and other benefits it will derive from the City' s construction of the roads and interchanges in the area of the Busch property; and WHEREAS, the County has agreed to contribute to the City's cost for its construction of roads and interchange facilities including, but not limited to, the improvement to City standards for surfaced roads those portions of County Roads 9E , 50 and 52 on the perimeter of the Busch property; and WHEREAS, the County and City are authorized to contract with one another to provide any function, service or facility lawfully authorized to each of them, including the sharing of costs, the imposition of taxes, or the incurring of debt under the provisions of §29-1-203 of the Colorado Revised Statutes , upon the approval of their respective legislative bodies; and WHEREAS, the City and the County desire to set out their agreement whereby the County will contribute to the cost of construction of the roads and interchange facility referred to above. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT e Mayor COLLINS that th be and he hereby is authorized to execute an y y , intergovernmental agreement between the City of Fort Collins and the County of Larimer for the purpose of sharing the cost of construction of roads and interchange facilities, all as in accordance with that certain inter- governmental agreement, a copy of which is attached hereto and made a part hereof. Passed and adopted at a regular meeting of the City Council held this 17th day of July, 1984. Mayor 61 ATTEST:C tt�� .S� City Clerk -2-