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HomeMy WebLinkAboutHAMPSHIRE POND PUD - Filed GC-GENERAL CORRESPONDENCE - 2004-08-09Community Planning and Environmental Services Engineering Department City of Fort Collins September 16, 1993 Mr. Richard Storck Storck Development PO Box 270218 Ft. Collins. CO 80527 RE: Hampshire Pond PUD Dear Mr. Storck: I have had several discussions with Mike Herzig regarding the arterial street improvements to Drake Road abutting your development. This letter will confirm the City's position under the ordinances and policies of the City Code for oversizing arterial streets. Under the standard policies of the Street Oversizing program, the developer's responsibility on Drake Road is for the cost of the curb and gutter, 12' wide asphalt pavement (full depth), and four foot (4') wide concrete sidewalk for the full length of the developers frontage. The City would reimburse the developer for certain costs incurred in oversizing the arterial street beyond this local access portion. These costs would include additional earthwork, paving, concrete costs, and engineering to construct the street to arterial standards. The City is contemplating additional off -site improvements in conjunction with this project for the property directly east of your property. These off -site improvements would extend the arterial construction at Drake Road east approximately 400' along property currently owned by the City Light & Power Utility. All costs associated with this off -site improvement would be reimbursed to the developer upon completion of the construction. I must mention that in accordance with the ordinances of the City, reimbursements for street oversizing are limited to funds budgeted and appropriated for each fiscal year. This means that the City cannot absolutely guarantee that funds will be available for reimbursement. However, I believe I have sufficient appropriations to budget for this project. In the past, the City has never failed to promptly reimburse for street oversizing. 281 North College Avenue • P.O. Box 580 • Fort Collins, CO 80522-0580 • (303) 221-6605