Loading...
HomeMy WebLinkAboutResolution-1995-1480 RESOLUTION # 1480 SERIES 1995 TITLE: A Resolution to support the acquisition of 60 acres, more or less, of property known as the Crown Hill Property located east of Crown Hill Park in Jefferson County, and authorizing the use of City of Wheat Ridge attributable share of the Open Space Fund for a portion of the purchase. WHEREAS, Crown Hill Park is a heavily used park and is in need of expanding to accommodate the uses; and WHEREAS, 60 acres, more or less, has been offered for sale by SCI Management Corporation east of Crown Hill Park; and WHEREAS, The Jefferson County Open Space Committee has recommended to the Board of county commissioners the acquisition of the 60 acres, more or less, at $1.30 per square foot, and WHEREAS, Jefferson County has requested the City of Wheat Ridge and the City of Lakewood each pay 25% of the acquisition cost from their attributable share of the Open Space Fund or other funds. Now therefore be it Resolved by the City of Wheat Ridge City council that: 1) The City of Wheat Ridge supports the acquisition of approximately 60 acres of property said acreage to be determined upon the final survey of property located east of Crown Hill Park. 2) The City of Wheat Ridge agrees to pay 25% of the purchase price, for said 60 acre parcel of property, not to exceed $850,000 plus interest from the City's attributable share of the Open Space Fund over a seven (7) year period beginning in 1995. Any grant funds received for this acquisition be subtracted from the purchase price before the 25% share is calculated. 3) The three participating agencies (Wheat Ridge, Lakewood, and Jefferson County) shall enter into an intergovernmental agreement which shall define a public input process to determine the future uses of the property and providing that each of the governing bodies approve the development plan. 4) The City of Wheat Ridge recommends the expansion of Crown Hill Open Space Park to be used as a buffer, natural area and wildlife habitat preservation, community separator, and urban open space and is suitable for passive recreation including walking and wildlife viewing. DONE AND RESOLVED THIS 10th DAY OF JUly 1995. ~~ Dan wilde, Mayor erk