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HomeMy WebLinkAbout1983-196-11/15/1983-RECOMMENDING APPROVAL OF THE POUDRE RIVER TRUST RESOLUTION 83- 196 OF THE COUNCIL OF THE CITY OF FORT COLLINS RECOMMENDING APPROVAL OF THE POUDRE RIVER TRUST WHEREAS, the City of Fort Collins has received a proposal from E E Mitchell 8 Co to establish a trust to be known as the Poudre River Trust with stated public purposes and powers, and WHEREAS, said Trust would, as a part of its purposes, consider the development of the Poudre River near the downtown area of the City of Fort Collins to enhance the river as an amenity, to optimize the recrea- tional use of the river area, to enhance access thereto of the residents and to assist in the City' s development along and in the area of the Cache La Poudre River and the City of Fort Collins, and WHEREAS, E E Mitchell 8 Co has provided a draft of a document entitled "Indenture of Trust, Poudre River Trust," setting out the terms of the Trust, including the names and appointment of the trustees, and WHEREAS, the City of Fort Collins, recognizing the public benefit which may be obtained from the establishment of the Poudre River Trust intends hereby to recommend the establishment of such Trust NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City of Fort Collins recommends the formation of the Poudre River Trust as proposed by E E Mitchell 8 Co , and further, the City does hereby express its interest in cooperating with the Poudre River Trust to obtain the public benefits available therefrom Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 15th day of Nov er, 1983 Mayo ATTEST �' U C i ty C R�b