HomeMy WebLinkAboutBID - 7332 MAX BRT PROJECT (5)OPERATIONS SERVICES
REAL ESTATE SERVICES
P.O. Box 580
300 LaPorte Avenue
Fort Collins, CO 80521
970.416.2276
970.416.2209 – fax
fcgov.com
HAND DELIVERED
November 18, 2009
Giuseppe Demarco
Demarco Holdings, LLC
4321 South Mason St.
Fort Collins, CO 80525
RE: Mason Corridor – Bus Rapid Transit Improvements Project
Mason Express (“MAX”)
Fee Owner: Demarco Holdings, LLC
Property Address: 4321 South Mason Street, Fort Collins
Dear Mr. Demarco,
Thank you for your time last Monday. Mike Herzig, and I enjoyed meeting with you
again to discuss the City’s planned Mason Corridor Bus Rapid Transit Improvements Project
(the “Project”). The purpose of this letter is to summarize our conversation and provide a brief
run down of the process going forward.
As we discussed, to accommodate the planned project improvements the City is
interested in acquiring a permanent easement (5 feet wide) and a temporary construction
easement (20 feet wide) along the west property boundary.
The City understands that your chief concerns relate to the function of your business, and
specifically the impact that the proposed temporary construction easement may have on
operations. As we discussed in person, other property owners have similar concerns and in all
cases the City intends to work with property owners towards achieving a workable solution. We
remain very confident that with your continued involvement and cooperation we can find a
workable, equitable solution that satisfies your interests and does not compromise the Project.
The next stage in the acquisition process is to present an Ordinance to City Council on
December 1, 2009, requesting authorization to use eminent domain for the Project, if necessary.
As was expressed to you in person, this is an option of last resort and one the City does not take
lightly. The City fully intends to negotiate in good faith with all affected owners. Only in the
event that negotiations breakdown will the City consider the use of eminent domain, in order to
assure a timely and efficient project.
After the Ordinance is approved by City Council, you will receive a “Notice of Intent to
Acquire” letter. The purpose of this letter is to officially notify you of what property interests the
City will need to acquire for the Project. It will also include the legal descriptions and location
sketch for these interests. A real estate appraiser, Bonnie Roerig of Bonnie Roerig & Associates,
LLC, will then be scheduled to contact you to obtain permission to inspect your property. If the
acquisition has an estimated value of $5,000 or more the City will pay the reasonable cost of a
separate appraisal of the property by an appraiser chosen and hired by you subject to the
following conditions:
The estimated value of the property to be acquired is $5,000 or more;
The appraisal is made using sound, fair and recognized appraisal practices; and
The appraisal is submitted to the City in accordance with Section 38-1-121 C.R.S. of
the Colorado Revised Statutes.
Once the City receives Bonnie Roerig’s completed appraisal, we will provide you with a
written offer for the property interests that the City needs to complete the Project. We will then
contact you to discuss the offer and work to negotiate a fair purchase price.
Please feel free to contact me at 224-6127 if you have any questions or concerns.
Sincerely,
Patrick Rowe
City of Fort Collins
Real Estate Services
970.224.6127
prowe@fcgvov.com