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File #: ID-303-25    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 12/4/2025 In control: City Council
On agenda: 12/16/2025 Final action:
Title: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BRIGHTON, COLORADO, APPROVING AN AMENDMENT TO THE INTERGOVERNMENTAL AGREEMENT REGARDING REIMBURSEMENT OF PARK IMPACT FEES FOR THE CONSTRUCTION OF VENTURE PARK
Attachments: 1. RESO 25 Venture Park IGA Amendment (1), 2. First Amendment to Intergovernmental Agreement - Venture Park IGA [FGMC 11.10.25 OWNER AND DISTRICT EXECUTED] (4905-2342-7846.13) (1)
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Department of Parks and Recreation

Reference:                     Intergovernmental Agreement Related to 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:                     December 4, 2025

 

PURPOSE
A resolution of the City Council of the City of Brighton, Colorado, approving an intergovernmental agreement amendment (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, authorizing the mayor to execute said IGA on behalf of the City, and authorizing the City Manager to undertake such tasks and execute such documents as may be required to implement said IGA on behalf of the City. The original IGA was entered into April 16, 2024.

 

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.

 

STAFF RECOMMENDATION

Staff recommends that City Council approves the IGA Amendment with Brookfield Residential.

 

OPTIONS FOR COUNCIL CONSIDERATION

                     Approve the IGA Amendment

                     Reject the request

 

ATTACHMENTS

                     Resolution

                     Intergovernmental Agreement Amendment with Brookfield Residential