HomeMy WebLinkAboutWOOD STREET ANNEXATION & ZONING - ANX120001 - DECISION - MINUTES/NOTES (6)September 18, 2012
Items Relating to the Wood Street Annexation and Zoning
A. Second Reading of Ordinance No. 052, 2012, Annexing Property Known as the
Wood Street Annexation to the City of Fort Collins.
B. Second Reading of Ordinance No. 053, 2012, Amending the Zoning Map of the City
of Fort Collins and Classifying for Zoning Purposes the Property Included in the
Wood Street Annexation to the City of Fort Collins.
These Ordinances, unanimously adopted on First Reading on June 5, 2012, annex and zone
17.3443 acres located on the east side of Wood Street, approximately 1,320 feet east of
North Shields Street. The property is developed and is in the O - Open District in Larimer
County. The requested zoning for this annexation is UE — Urban Estate. The surrounding
properties are currently zoned O — Open in Larimer County to the south and west, as well
as E — Employment in the City to the west (City of Fort Collins Fleet Services Building), and
POL — Public Open Lands in the City (Lee Martinez Park and McMurry Natural Area) to the
east and north. This is a 100% voluntary annexation.
Staff is recommending that this property be included in the Residential Neighborhood Sign
District. A map amendment will be necessary as this property is not already in the District.
Items Relating to the 2012 Downtown Development Authority -Related Financing Activities.
A. Second Reading of Ordinance No. 089,.2012, Authorizing the Establishment of a
Revolving Line of Credit to be Paid Solely with Downtown Development Authority
Tax Increment Funds for a Six Year Period in the Amount of up to One Million
Dollars Annually to Finance Downtown Development Authority Projects and
Programs in Accordance with the Downtown Development Authority Plan of
Development and Approving Related Documents.
B. Second Reading of Ordinance No. 090, 2012, Appropriating Prior Year Reserves in
the Downtown Development Authority Fund, Funds Drawn from the 2012 City of
Fort Collins Revolving Line of Credit Established to Finance Downtown
Development Authority Projects and Programs and Funds for Debt Service on the
Revolving Line of Credit.
The Board of Directors of the Downtown Development Authority (DDA) believes it would
be financially beneficial for the DDA and the community as a whole for a revolving Line of
Credit to be established with a local bank for d -six-year period. The Line of Credit will be
used to finance DDA projects and programs. Ordinance'No. 089, 2012, unanimously
adopted on First Reading on September 4, 2012, authorizes the establishment of the Line of
Credit and approves the execution of the First National Bank documents.
Ordinance No. 090, 2012, unanimously adopted on First Reading on September 4, 2012,
appropriates unanticipated revenue from interest earnings in the amount of $191,032; from
project savings in the amount of $331,113; funds appropriated but not spent of $940,430;
funds from the 2010 Bond Series that were not appropriated in the amount of $500,000; and
funds from the 2012 Revolving Line of Credit draw of up to $1,000,000 for a total
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September 18, 2012
COUNCIL OF .THE CITY OF FORT COLLINS, COLORADO
.Council -Manager. Form of Government
Regular Meeting - 6:00 p.m.
A regular meeting of the Council of the City of Fort Collins was held on Tuesday, September 18,
2012, at 6:00 p.m. in the Council Chambers of the City of Fort Collins City Hall. Roll call was
answered by the following Councilmembers: Kottwitz, Manvel, Ohlson, Poppaw, Troxell and
Weikunat.
Councilmembers Absent: Horak.
Staff Members Present: Atteberry, Nelson, Roy.
Agenda Review
City Manager Atteberry stated there were no changes to the published agenda.
Citizen Participation
Roger Dodds supported the Corporation Separation Movement and the resolution which will be
presented for Council consideration on (,October 2.
Cheryl Distaso, Fort Collins Community Action Network, supported the Corporation Separation
Movement and the resolution which will be presented for Council consideration on October 2.
Chuck Washington, 1125 Deercroft Court, supported the reestablishment of Dial -a -Ride service to
the southeast part of town.
Devin Himing, 2214 Fossil Creek Parkway, opposed the proposed business incentive package for
Avago.
Myles Crane, Human Relations Commission member, announced an elder abuse forum.
Steve Raimer, Fort Collins Mennonite Fellowship, supported the Corporation Separation Movement
and the resolution which will be presented for Council consideration on October 2.
CONSENT CALENDAR
6. Consideration and Approval of the Minutes of the August 21, 2012 and September 4, 2012
Regular Meetings and the August 28, 2012 Adjourned Meeting.
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