Department of Parks and Recreation
Reference: Intergovernmental Agreement between Brookfield Residential and the City of Brighton for the 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: March 28, 2024
PURPOSE
A presentation at a Brighton City Council Study Session discussing the proposed Intergovernmental Agreement between Brookfield Residential and the City of Brighton for the reimbursement of park impact fees for the construction of Venture Park.
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 Dr. 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 moving this item to consent for the upcoming City Council meeting.
ATTACHMENTS
Intergovernmental Agreement with Brookfield Residential