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HomeMy WebLinkAboutFOSSIL LAKE ANNEXATION NO. 2 - 33-01A - AGENDA - INITIATING RESOLUTIONPAGE 6 14. Resolution 2002-003 Setting Forth the Intention of the City to Assign its Year 2002 Private Activity Bond Allocationto the Colorado Housing and Finance Authorityto Finance Multi -Family Housing Revenue Bonds for the Caribou Apartments Project. In early December 2001, Mr. Marc Hendricks and Mr. Rodger Hara, representatives of the Caribou Apartments Project (the "Project"), contacted staff members ofthe Advance Planning and Finance Departments. They have requested the City consider assigning its annual allocation of private activity bonds to the Colorado Housing and Finance Authority ("CHFA") for the purpose of acquiring property, constructing and equipping a multi -family housing project in the northeast part Fort Collins. This development would qualify as an Affordable Housing Project. The project is located near the comer of the intersection of Timberline and Caribou Roads. A total of 192 dwelling units will be included in the project. Of the total, 87 (45%) of the units will be affordable to persons whose incomes do not exceed 60% of the Area Median Income, which include 14 units reserved for families whose incomes do not exceed 50% of the AMI. The remaining units will be leased at market rental rates. Adoption of this Resolution would allow CHFA to issue up to $16 million in tax-exempt private activity bonds for the purpose of constructing the project. The issuance is contingent on the Project using an additional allocation from CHFA. The proposal is consistent with the City's adopted policies regarding the issuance ofmulti-family rental housing bonds. The Affordable Housing Board reviewed the project at its meeting on January 3, 2002. The Board supports the proposal. 15. Resolution 2002-004 Stating the Intent of the City of Fort Collins to Annex Certain Property and Initiating_ Annexation Proceedings for Such Property to be Known as Fossil Lake Annexation No. 1. The Fossil Lake Annexation No. I consists of approximately 2.396 acres ofpublicly and privately owned property. This annexation includes a 693.5 foot long portion of the Kechter Road right-of- way, and a 28.55 feet wide strip of land along the eastern portion the Fossil Lake PUD 2nd Filing subdivision. The recommended zoning is the LMN—Low-Density Mixed Use Neighborhood. The property is located within the Fossil Creek Reservoir Area Plan 16. Resolution 2002- 005 Stating the Intent of the City of Fort Collins to Annex Certain Property and Initiating Annexation Proceedings for Such Property to be Known as Fossil Lake Annexation No. 2. The Fossil Lake AnnexationNo. 2 consists of approximately 9.171 acres ofpublicly and privately owned property. This annexation includes a 905 foot long portion of the Kechter Road right-of- way, a 1870 foot long portion ofZiegler Road, and several narrow strips of land along the eastern, northern, and western edges of the Fossil Lake PUD 2nd Filing subdivision. The recommended zoning is the LMN-Low-Density Mixed Use Neighborhood. The property is located within the Fossil Creek Reservoir Area Plan 17. Resolution 2002-006 Stating the Intent of the City of Fort Collins to Annex Certain Property and Initiating Annexation Proceedings for Such Property to be Known as Fossil Lake AnnexationNo. 3. PAGE The Consent Calendar consists of Item Numbers 7 through 27. This Calendar is intended to allow the City Council to spend its time and energy on the important items on a lengthy agenda. Staff recommends approval of the Consent Calendar. Anyone may request an item on this calendar to be "pulled"off the Consent Calendar and considered separately. Agenda items pulled from the Consent Calendar will be considered separately under Agenda Item #34, Pulled Consent Items. The Consent Calendar consists of: 1) Ordinances on First Reading that are routine; 2) Ordinances on Second Reading that are routine; 3) Those of no perceived controversy; 4) Routine Administrative actions. CONSENT CALENDAR 7. Second Reading of Ordinance No. 212, 2001, Amending Chapters 23 and 28 of the City Code so as to Permit the Use of Motorized Wheelchairs and Similar Assistive Devices on City Sidewalks and Trails. Staff has noted that the provisions of certain sections of Chapters 23 and 28 of the Code appear to preclude the use of motorized wheelchairs on City trails and City sidewalks. Title II of the Americans with Disabilities Act requires that the City make reasonable accommodation in the use of its facilities for persons with a disability. Ordinance No. 112, 2001, which was unanimously adopted on First Reading on December 18, 2001, amends the Code so as to clearly permit persons using motorized wheelchairs and similar assistive devices to operate them on City sidewalks and trails. 8. Second Reading of Ordinance No. 213, 2001. Authorizing Eminent Domain Proceedings to Acquire Parcel #9701312005 for Construction of Redwood Street and Conveyance of Remainder Property. Ordinance No. 213, 2001, which was unanimously adopted on First Reading on December 18, 2001, authorizes the acquisition of Parcel #9701312005 by eminent domain proceedings to complete the construction of Redwood Street between Conifer and Vine Drive. AGENDA OF THE COUNCIL OF THE CITY OF FORT COLLINS, COLORADO January 15, 2002 Proclamations and Presentations 5:30 p.m. A. Presentation of Certificate of Appreciation to Kathay Rennels for Serving as Chairperson of the Larimer County Board of Commissioners. Regular Meeting 6:00 p.m. PRESENTATION OF COLORS BY COBRA DEN PACK 93 CALL MEETING TO ORDER. 2. ROLL CALL. ♦ City Manager John Fischbach will introduce the "State of the City" video 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