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HomeMy WebLinkAboutPENNY FLATS (BLOCK 33) - PDP - 32-05 - REPORTS - CITY COUNCILPassed and adopted at a regular meeting of the City Council held this 6th day of July, A.D. KKI Mayor ATIWT: A City Clerk RESOLUTION 2004-081 OF THE COUNCIL OF THE CITY OF FORT COLLINS DIRECTING THE CITY MANAGER TO INITIATE A PROCESS FOR DISPOSITION AND APPROPRIATE DEVELOPMENT OF CERTAIN CITY -OWNED PROPERTY KNOWN AS BLOCK 33 WHEREAS, the City has heretofore embarked upon an assembly of land in Block 33 of the original plat of the City through various purchases, and now is the owner of the entire block; and WHEREAS, over the passage of time events have occurred with regard to the development of the Larimer County office and justice center buildings and the City's Mason Street office building that obviate the need for the City to retain ownership of approximately three-quarters of Block 33 for municipal purposes; and WHEREAS, the City's comprehensive plan, known as "CityPlan," has established a character and vision for the downtown area which includes residential development, mixed with other compatible uses conceived to conform to the design standards of the Civic Center Master Plan and the Downtown Plan; and WHEREAS, the Downtown Civic Center Master Plan, dated July 1996, calls for residential mixed -use development on three-quarters of Block 33; and WHEREAS, the Land Use Code permits residential mixed -use development in the zone district applied to Block 33; and WHEREAS, the Council has determined that it is in the best interest of the City that, if portions of Block 33 are to be sold, they be sold to purchasers who are ready, willing and able to develop the property in rigorous accordance with the adopted City Plan policies and principles including the subarea plans that are incorporated therewith and are applicable to Block 33; and WHEREAS, the staff has recommended, and the Council agrees, that a process designed to solicit proposals from potential purchasers/developers that would result in an "exclusive negotiating agreement," is desirable with regard to the sale of portions of Block 33, which process would result in the issuance of a request for statements of qualifications from interested development companies or teams, and would include in the request specific goals to be achieved by the development of the site with respect to City Plan and its related subarea plans. NOW,THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Manager is hereby directed to initiate a process for the'disposition and appropriate development of Block 33 with a view toward sojiciting an "exclusive negotiating agreement" with the best qualified developer, whereupon the City would enter into an agreement to negotiate exclusively with that developer (or. team of developers) for possible development of the Block in rigorous conformity with the City's Comprehensive Plan, prior to returning to the City Council for any final action on the disposition of Block 33.