HomeMy WebLinkAboutRIVERWALK ANNEXATION & ZONING - 27-09 - MEDIA - CORRESPONDENCE,�•.; "" Green Zone kill as many as 109 and injure 400.
Thursday, August 20, 2009
NATION & WORLB I PAGE B3
PA7 FERRIER, (970) 224 7742 E - MAIL: SUSINESSNEWS@COLORADOAN.COM
R7iverwalk
urchase approved
After annexation, city to use 80 acres as reservoir
B Y HATE T A Y L O R mercial and residential devel- able to manage that so we're
able to run (effluent) reservoir
NateTaylor@coloradoan.com opment*
of the town,caPture
After two unanimous votes The first reading ordi and later send it downstream to
by Fort Collins City Council, a annexation and rezoning another user."
Hance for the land will occur The reservoir will store
$5.8 rnilb.on contract to buy half Oct 6 at the City Council meet -
of the proposed Riverwalk Pros' between 1,500 and 2,000 acre
-
of near Harmony Road and ing•
rovhave
ed and Dennis Bode, the city's water feet of water anto o� near -
Interstate 25 was app resource manager, said the trails connecting
an annexation process b reservoir will be used to help by natural areas, such as Eagle
for the 260-acre plot. manage daily return flows into View and Arapaho Bend.
Upon completion of the the aged a Raver. An acre-foot is enough water
annexation process, the city irae we need to pro- to meet the annual needs of two
homes.
intends to use about 80 acres of rYP As for the contract, $5.5 mil -
the land as a reservoir to be vide return flows to the ever or three single f Y
located south of the proposed with the correct quantities, tim-
Rcated lk Project, which is a ing and location," Bode told the lion the hw terl utility capi�
high -density mixture of com- council Tuesday. We may be
`I've looked at the contract; I m
impressed with the contract and l think it
is very protective of the city 's interests.'
Fort Collins City Council member
Ben Manvel
funds appropriated for the
development of gravel pit water
storage. The remaining
$300,000 will come from the
Natural Areas Fund.
The city is purchasing then
land from Jay Stoner,
owns the remaining 138 acres
of land north of the would-be
reservoir.
City staff assured the council
there was no "quid pro quo" in
the deal with Stoner.
"Pve looked at the contract;
Pm impressed with the contract
and I think it is very protective
of the city's interests," said
council member Ben Manvel.
See RIYERWALK/Page B2