Department of Parks and Recreation
Reference: First Amendment to Intergovernmental Agreement Regarding Reimbursement of Park Impact Fees for the Construction of Venture Park
To: Mayor Gregory Mills and Members of City Council
Through: Michael P. Martinez, City Manager
Prepared By: Travis Haines, Director of Parks and Recreation
Date Prepared: November 24, 2025
PURPOSE
To present for discussion the first amendment to the intergovernmental agreement (IGA) between the City of Brighton and Brighton Crossing Metropolitan District No. 4, Brighton Crossing Metropolitan District No. 6, the Brighton Crossings Operations Board, and Brookfield Residential (Colorado), LLC. A resolution will be presented at the next regular meeting too approve the IGA amendment.
BACKGROUND
Per the development agreement, Brookfield Residential is responsible for the construction of a community park in the Brighton Crossing Metropolitan District. Venture Park is a seventeen (17) acre park located north of Padillia Elementary School and along the south side of Cherry Blossom Drive. After construction and upon initial acceptance of Venture Park by the City of Brighton, District No. 6 shall request remittance of the Park Development Fees from the City, with such request supported by applicable invoices. Collected Park Development Fees, not to exceed the cost of construction, will then be remitted to District No. 6. The first amendment to the IGA adds planning area 8.3, a 6.437-acre parcel so park impact fees for this parcel can be reimbursed for the construction of Venture Park.
STAFF RECOMMENDATION
Staff will be recommending that City Council approves the IGA with Brookfield Residential.
ATTACHMENTS
• First Amendment to the Intergovernmental Agreement with Brookfield Residential