HomeMy WebLinkAboutHARMONY FARM SECOND ANNEXATION & ZONING - 1-04 - CORRESPONDENCE -The application to annex the enclave will be submitted next week, so you'll probably be
seeing a sign posted somewhere along Cambridge Avenue in the near future. There are 4
hearings that will be held for the annexation proceedings. First, probably in February, the
City Council will conduct a hearing to make a resolution initiating annexation
proceedings. Second, also probably in February, the Planning and Zoning Board will
conduct a hearing to recommend a course of action on the annexation the City Council.
Third, probably in late March, the City Council will conduct the first reading of the
annexation ordinance, and fourth, probably in early April, they will conduct the second
reading. The annexation ordinance will take affect 10 days after second reading. You
will receive a written notification of the Planning and Zoning board hearing only. The
City Council hearing notifications are advertised in the Fort Collins Coloradoan.
I hope this answers the question you had, and lets you know what to expect. If you have
any questions throughout the annexation process, feel free to call me at 221-6750.
mcerely,
Tnjy�. Jones C.P.
City Planner I
V
N
December 24, 2003
Frank & Laurel Kubin
4708 Cambridge Avenue
Fort Collins, CO 80528
Dear Mr. & Mrs. Kubin,
This letter is to follow-up on a conversation we had in mid -July about the eventual
annexation of your property at 4708 Cambridge Avenue. If you recall, I had discussed
with you that your property is part of an enclave which has been surrounded by the City
by more than 3 years, and the City would be starting the process of annexing this enclave
soon. I explained to you how the annexation process works, and answered questions you
both had about impacts the annexation would have on your property. There were several
questions that you asked me that I didn't know the answer to, and I promised to find out,
and get back to you on them.
The first question was how will your property tax differ as a result of being annexed.
Property taxes are calculated based on a relationship between a property's "assessed
value" (as determined by the County Assessors Office) and the applicable mill levy.
Currently, as your property is under County jurisdiction, the applicable mill levy is
86.754. Upon annexation, your mill levy will be 87.25. According to the Larimer
County web site, your annual property taxes (based on your current mill levy) in 2002
were $2,414.37. If the new mill levy would have applied, your 2002 taxes would have
been $2,428.17, or in other words, your property taxes would have been $13.80 higher in
2002 if your property would have been in the City.
The second question you asked was if electricity would cost more upon annexation. The
cost per kilowatt hour (kWh) will vary based on the level of use, but on average, Poudre
Valley REA charges 7.51 cents per kWh for their electricity, and, on average, the City of
Fort Collins Light and Power charges 6.1 cents per kWh. There is, however a state law
that requires customers newly annexed from REA service territory to pay an additional
25% per kWh for a period of 10 years for a "Service Rights Fee," so this would increase
the Fort Collins cost per kWh to about 7.69 cents. The extra 25%n will terminate after 10
years. At this time, the Light and Power Utility is planning rate increases of 5.3% for
2004, and 3.5% for 2005. I don't know if any increases are planned by Poudre Valley
REA. You'll also be required to pay City sales tax on the electric bill, which you don't
currently have to pay to Poudre Valley REA in the County.
281 worth. College Avenue • P.O. Box 580 • Fort Collins, CO 80522-0580 • (970) 221-6750 • FAX (970) 416-2020