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File #: ID-360-18    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 10/11/2018 In control: City Council
On agenda: 10/16/2018 Final action:
Title: A RESOLUTION APPROVING A SUPPLEMENTAL WASTEWATER FUND BUDGET APPROPRIATION FOR THE 2018 FISCAL YEAR IN THE AMOUNT OF ONE MILLION, SIX HUNDRED SEVENTY-FIVE THOUSAND DOLLARS ($1,675,000) FOR THE PURCHASE OF APPROXIMATELY 15.54 ACRES, MORE OR LESS, OF REAL PROPERTY, LOCATED AT THE NORTHWEST CORNER OF MAIN STREET AND DENVER STREET, BRIGHTON, COLORADO
Attachments: 1. Wastewater Budget Approp Resolution 10-11-18, 2. Ringsby Parcel Map, 3. P&S Agr
Body
Department City Manager's Office
Reference: A Resolution approving a Supplemental Wastewater Fund Budget Appropriation for the purchase of approximately 15.54 acres, more or less, of real property, located at the Northwest corner of Main Street and Denver Street, Brighton, Colorado, Adams County Assessor Schedule Number 0156906200025A

To: Mayor Kenneth J. Kreutzer and Members of City Council
Through: Philip Rodriguez, City Manager
Marv Falconburg, Assistant City Manager
Prepared By: Michael Woodruff, Acting Director of Utilities
Date Prepared: October 10, 2018
PURPOSE
A Resolution of the City Council, approving a Supplemental Wastewater Fund Budget Appropriation for the Purchase and Sale of certain commercial real property comprising approximately 15.54 acres ("Property") for $1,675,000, which includes certain transaction closing costs.
STRATEGIC FOCUS AREA
Supportive, Sustainable Infrastructure
Fiscally Responsible
SWDP Property the Property is 15.54 acres, generally located near the intersection of North Main and Denver Streets in Downtown Brighton. The County Assessor's map is attached for reference. The Property is currently zoned PUD with a full menu of commercial and industrial uses (including C-1, C-2, C-3, C-O, I-1, and others). The PUD was approved in 2013, in order to incentivize the development of nearby Tractor Supply.
BACKGROUND
In 1964, the City entered an Agreement with SWDP's predecessor, The Great Western Sugar Company. The 1964 Agreement allowed the City to locate a sanitary sewer pipeline across this Property, and there is an existing 24inch sewer main running diagonally between North Main Street and Madison Street. Unfortunately, the terms of the 1964 Agreement are not clear and not drafted favorably to the City. SWDP and the City have disputed the exact terms and requirements of the 1964 Agreement. After impasse, SWDP applied to the Adams County District Court to obtain the Court's interpretation of the Agreement. The Court revie...

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