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HomeMy WebLinkAboutNOEL ANNEXATION & ZONING - 58-87, A - CORRESPONDENCE - CITY COUNCIL (3)119 Mike Davis Tom Peterson NOEL & COMPANY 375 E, HORSETOOTH • SHORES 3, SUITE 201 • FORT COLLINS. COLORADO 80525 • (303) 225-0168 February 14, 1989 Mayor Ed Stoner Assistant Mayor Council Members: Bob Winokur Larry Estrada Jerry Horak Susan Kirkpatrick Chuck Mabry Loren Maxey Fort Collins City Council P. 0. Box 580 Fort Collins, CO 80522 Dear Honorable Mayor and Council Members: On February 21, 1989 you will be reviewing the proposed Noel annexation. This annexation consists of 287 acres located in the Foothills' zone west - of Overland Trail. The annexation proposal has been a subject of discussion with Staff for sometime. The proposal is submitted with full "staff" recommendation of approval and it is with their support that we proceed. We know the Council is having a difficult time with the complexities of this annexation. I would like to assure the council that we have the best interest of the City and ofcourse myself in this matter. With that in mind I would like J. to present the following facts. 1. It is the applicants desire to be annexed into the City of Fort Collins. If she applicant is annexed he can develop the property below the 5,200 foot elevation to the interest of both the City and myself. If, however, the property is not annexed, I will have no other alternative but to develop under county zoning which trill necessitate me developing all of my property which includes the Foothills above the 5,200 foot elevation. 2. If I trade or sell my property to CSU the City will have no control whatsoever on the development of the property or to the preservation of the Foothills, the City would also lose any fees that otherwise would flow to the City, and to any access to the Foothills. It seems to the applicant that the best of all worlds if for the annexation to be approved, the applicant to transfer density to the lower half of the property and preserve the Foothills for the populace forever which is the prime objective of the City. It also appears obvious to the applicant that the. City is well protected because the applicant still has to go through the process of a P.U.D. 0 C 11 NOEL & COMPANY 375 E. HORSETOOTH - SHORES 3, SUITE 201 - FORT COLLINS, COLORADO 80525 - (303) 225-0168 Mayor and Council Members page two In closing I would like to point out the City will receive over four million dollars in fees from the development of the property with no further investment or expense to the City. Considering that the City has this property earmarked for purchase in its master plan, this annexation saves the taxpayers and the City an additional one million four hundred thousand dollars in acquisition costs. If I can be of any further help to the Council I am available for discussion in person, or by phone at 493-8929. Thanking Council for its consideration and patience in this matter, I remain, Respectfully, Wallace R. Noel WRN/js