HomeMy WebLinkAboutCARIBOU APARTMENTS - PDP - 18-02A - AGENDA - APPEAL TO CITY COUNCIL1'7:T61 W,
ITEMS NEEDING INDIVIDUAL CONSIDERATION
25. Consideration of an Appeal of the Caribou Apartments, Project Development Plan, File #18-
02, filed by Janet Winters.
The Caribou Apartments Project Development Plan is a development application for 193
multi -family residential units on 10.8 acres of land located at the southwest corner of Caribou
Drive and Timberline Road. The project was presented to the Planning and Zoning Board
for consideration on January 16, 2003. The Planning and Zoning Board approved the project
by 5-0 vote.
26. Resolution 2003-036 Urging the Registered Electors of the City to Vote in Favor of Two
Proposed Tax Measures for Transportation Capital Improvements at the April 8. 2003,
Municipal Election.
On February 18, 2003, City Council considered and approved a resolution (Resolution No.
2003-026) submitting two ballot measures to the voters at the April 8, 2003 municipal
election. The two ballot measures are:
a. New 1/4-Cent Sales and Use Tax
A new one quarter cent (1/4-cent) sales and use to provide a dedicated revenue stream for
construction of transportation capital projects in accordance with the project list included in
the ballot language and the City's long range Transportation Master Plan.
The sales and use tax represents an increase of 25 cents on a $100 purchase and will be
effective beginning July 1, 2003. Grocery food and prescription drugs will be exempt from
the tax. The term of the tax will be for 10 years, with a renewal provision that will require
Council to submit a ballot measure to the voters before the end of 2013 to consider extending
the tax for an additional ten-year period.
Based on current revenue projections for the sales and use tax fund, the City expects to
receive $5,750,000 in 2004 related to this ballot measure. However, to comply with TABOR
requirements, the ballot measure increased the estimate to $6,750,000 for the first full year
(to allow expenditure for this purpose in the event actual revenues exceed projections).
b. New 1 % Construction Tax
A new 1% construction tax to provide a dedicated revenue stream for construction of
transportation capital projects in accordance with the project list included in the ballot
language and the City's long range Transportation Master Plan.
City of Fort Collins ®"`"a'
AGENDA
OF THE
COUNCIL OF THE CITY OF FORT COLLINS, COLORADO
March 18, 2003
Proclamations and Presentations
5:30 p.m.
A. Proclamation Proclaiming March 31, 2003 as "Cesar Chavez Day".
B. Proclamation Proclaiming March 20 - April 20, 2003 as "Fort Collins Educational Recycle
Month 2003".
Regular Meeting
6:00 p.m.
PRESENTATION OF COLORS
1. CALL MEETING TO ORDER.
2. ROLL CALL.
3. CITIZEN PARTICIPATION (limited to 30 minutes)
4. CITIZEN PARTICIPATION FOLLOW-UP:
This is an opportunity for the Mayor or Councilmembers to follow-up on issues raised during
Citizen Participation.
5. AGENDA REVIEW: CITY MANAGER
i City of Fort Collins 19 N. °°' ^^ m" 44 0ap",