HomeMy WebLinkAbout2010 Resolution No. 087•
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RES LUTIO ' 0 . -z
SERlES OF 2010
A RESOLU T! SUPPOP.TI 1G 1 HE ENGLEWOOD ICLELLAN Ri,SERVO !R
l•Ol.::STIAT ION (Ht RF) FU R NEGOT!AT IO SOFA I EA F OF A PORTI ON OF THE
MCLELI A 1 PR OPERTY T llENJA !I N FR KU N CIIAKT FR SC !l0 L.
\l'HEREA • the Engle wnod 1cLe llan Reservoir Foundation (E !RF \ \\'a s fo m1ed to oversee
the deve lopment ufthe lcLellan l(csc rvmr propcny : and
\l'IIEREAS . the Lea se is for approximat e!) 4 9 ac res of th e En gkwood/McLcllan Reservo ir
Foundation propcn y; and
\\'llERE A . Be nja min Frankli n haner chool suhmiucd a Lcttcr oflntercst which wn s
pre, 1ously subnuttcd 10 the En glewood ity Council , and
11·11 :REA S. t !RF had rc,iewcd the finan cial tenns of th e Lener of Interest with ity
Co un cil :md City Council ha s ins tru cted EMRF to begi n ncg,01m ti nn1-of fina l lease 1crn1 s; and
\VI lt-'!~AS. upon com pletion of negotiati ons E tRF shall obtain a reco mmendati on from City
ou11 c 1, and
NOll'.T ll l:.RHO!ti,,Dc l l RE OLl'ED IW TII EC ITY COL' 1CII OFTII E ITYOF
EN GLEl\'00D. C I .O RADO. Tl !AT:
ccuon I . 1"11c Cit y Co un cil of the City of En~kwood. Colorado, hcrchy supports th e
negotiat ion f0r Lca ,;;c of pro perty between the EngkW<lod/fvkLcll :m Reservoi r Fou ndnt io n and
Rcnj11mm l·--ankh n Charte r chool.
,,DOPTED ,.ND /\l'l 'IWl'ED tin s ot h da y of December. 2010 .
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I. Ll\llt:ri shia A. Elli s. l°ll) Cler
,1h cwr , :1 1n,e copy nf Rcsolu t1 on
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J:11\\L':-. K.. \\'tlodwa rd. M:-iyo r
for 1h_c,.t;1t v l I Englew ood. Cvkwado. hereby certify the
o. '[fy , Scm·,of20/0. • r -;.., .. . ~t1 u1ttt.£ ✓-._
l,uucnsh1a A Ulm. Cit) .... IL'rk
• COU NCIL COMMUNI CATI ON
Date: Age nda It em: Su bj ec t:
De ce m er 6, 201 0 11 C ii Re ,oluti n f suppo rt to th e Englewood Mclellan
Reserv oir Founda ti on fo r en tering in t , ne go ti ations
fo r lease of approx ima tely 4.Q ac res to 3enj amin
Fra nklin Charter Sc hool, LLC.
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In itiated B1•: I Staff Sou rce ·
Eng le\\ ood M clell an Reser. ai r Fo unda tion Rick Ka 1·'11. v .. -e P•es,d ent
COU Cll GOAL AND PRE VIOUS COU NC IL ACTION
In 19 9, Ci ty Co un cil au tho ri zed the creati on o f th e En glewood M clell an Rese rvoir Fo unda tion
l :MRF) fo r th e purpose of fa cili tatin g th e deve lo pmen t o f pro perty adjacent to the Cit s 'vlrlellan
Rese r\ oir. On Dece mb er 17, :!007, Cou ncil suppor ted Etv\RF in th e sa le of appr o,im ..,1~:y 11 ao es
of PA85 to RTD fo1 53.2 millio n. On Dece mber 1. 2008, City Council supported EMRf-in leas ing
ap 1iro,i111 atel1• 12.8 acre s o f PA84 to TT D enve r.
• RE COMMENDED ACTION
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EMRF rec omm end s I1y ounci l .ipp rove a reso lu tion .,up:Jor t1n g 1h1 l MRF tu t!nle1 in to
nego tiat ions \:Vi th th e Benjam in Frank lin Chari er Sc huui, LLC for lea~~ of app rox im.:i tely 4.9 acres of
Planning Area 84 (PA 84 eas t), l ot 1.
BAC KGROUND
ln 1 9, ity Coun o l auth orized , thr ough Ordi n.i nce 4 1, the crea tion of the Fnglewoo d Mclell,1n
Re!'.lervoir Fo un da tion, a non-profi t co rporation char ged with fu rth erin g th e deve lopme nt of th e
\1 dl•lla 11 Rese rvoir proprrty .rnd tra nsferred the prope rl y tu [1\\R F. Ttw foll owing ~0~11s for
dev('lopmenl \\ ere es 1,1bli!'..h cd by Cit y Counci l in Ord111.1n ce ,1 I .
3.
5.
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Pro tell th e qu ,1111 , of th e Ci t},.~ 1;,trnP d wtt lt'r al M clell ,111 Re,t•f"\OH .
Pro tec l the reserv oir ecosysw m.
Es tabl ish and ma'<imize a future long-term in come strea m to ben fit the Ci ty.
l\ \aln tain th e qu;ihl\ of !h e Hig hlin e Cana l recre ati onal f,lC ilit ies .. md th e wtc•llan rb
be t\,,,een C-4 70 and Co unty :..in e Rodd.
Mi nimize dev elopment irn pa c1s on the reser\·o ir .
Enhance '.he q u,,111, o f life of th e n c,~hbo rh ood of hid, 11 is part.
FnhanLe thP q uJht\ n t l11 e ten rt' 1dC!111', o f the Ci t~ ul Fng ll'\\Ot,d
Dunn~ th e Exec uti\ e Session ol NO\ em ber :!~. :!0 I 0, Ef\.lRF ptl•se nt cd Ci t~ Council wi th th e b.i s1t
de tail s of J "Le tt er 01 Int eres t" submi tt ed to Ei\lRF hy the Fr .u1 ~l in Cha rt r Schoo l. SirKe th .it tim e,
stall has prov 1d~d the d ve loper 0 1 the sc hool v, 1t h reco mm enda ti ons for chan ges to th ei r Lett er 0 1
Int eres t, based o n o ur di scuss io ns w ith City Co un cil. The devel oper ha s initi ally indica ted hi s
w illingness t o procee d with nego tiati o ns, based on th e EMRF reco mm endati o ns . Approva l of thi s
reso lu ti o n w ill all ow FMRF to en ter int o fo rmal lease negotia ti ons wi th th e o bjecti ve o f completing a
lease agr ee ment.
FI NANC IAL IMP ACT
To be de termi ned, bai;ed on fi nal nego ti ations.
LI ST OF ATTACHMENTS
Si te Map o f Subjec t Proper ty
11y Counc il Res o lut ion
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