HomeMy WebLinkAboutR11-045 Seago Approval of Open Space FundsCommissioner moved adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2011- q APPROVAL OF THE USE OF OPEN SPACE FUNDS FOR THE ACQUISTION OF THE SEAGO PROPERTY LOCATED AT 111 VIOLET LANE, EAGLE COUNTY, COLORADO WHEREAS, on or about February 1, 2011 the Eagle County Board of Commissioners (hereinafter "Board ") approved a contract to buy and sell real estate for the property located at 111 Violet Lane, Eagle County, Colorado owned by Ralph and Sherri Seago (hereinafter the " Seago Property "); and WHEREAS, it is anticipated that approximately sixty -five percent (65 %) of the Seago Property will be used as open space and the remainder will be used for future access and construction of a right -of -way across the Seago Property to allow a secondary access to the Eagle County Fairgrounds, or other non -open space uses at the discretion of the Board of County Commissioners. The current proposed configuration for the Seago Property which illustrates the sixty -five percent (65 %) open space is attached hereto as Exhibit A ; and WHEREAS, on or about March 14, 2011 and April 11, 2011 the Eagle County Open Space Advisory Committee, based upon its findings, recommended approval with conditions of the use of Open Space Funds for the acquisition of that portion of the Seago Property that will be used as open space; and WHEREAS, the future access and right -of way may not be developed and constructed for a number of years and, as a result, the precise amount of land needed for the access and right - of -way is not precisely known; and WHEREAS, at its regular public hearing on April 12, 2011, the Board considered the funding request as well as associated plans, a presentation from staff, and the recommendation of the Open Space Advisory Committee. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of the County of Eagle State of Colorado: THAT, Open Space Funds shall be used to fund sixty -five percent (65 %) of the costs of the acquisition (which costs shall include, but not be limited to, surveys, appraisals, environmental testing, closing costs, title insurance and the like) of the Seago Property; and THAT, in addition to the foregoing, and in keeping with the recommendation of the Eagle County Open Space Advisory Committee an additional sum up to $45,000 of Open Space Funds may be used toward the cleanup, grading, shaping and re- vegetation of those portions of the Seago Property disturbed by salvage yard operations to a natural and self- sustaining condition to include the use of soil amendments and temporary irrigation systems as determined necessary by Eagle County staff; and THAT, in the event that future improvements reduce the "functional open space" on the Seago Property to less than 65% (approximately 4.6 acres) then the Open Space Fund shall be reimbursed for the amount of open space lost to the right of way installation by calculating the value of such property using the purchase price of $1,600,000 without interest or escalation thereon. "Functional open space" is defined as lands in a natural or reclaimed condition that would exist between a fairgrounds access road right of way and Brush Creek, and any lands in a natural or reclaimed condition along the southern bank of the Eagle River that could be accessed from lands west of the fairgrounds access road right of way. Installation of parking, pedestrian paths or a bridge shall not be considered as reductions of functional open space; and THAT, Eagle County staff is hereby directed to develop a memorandum of understanding or other agreement with the Town of Eagle to establish (1) access to the western stream bank of Brush Creek and the northern bank of the Eagle River downstream from the confluence of Brush Creek and the Eagle River on property owned by the Town and adjacent to the Seago Property; (2) long -term maintenance of the open space portion of the Seago Property; and (3) a future improvement plan for the Property; and THAT, a separate resolution will be considered by the Board of County Commissioners concerning use of general funds or capital improvement project funds for the remainder of the purchase. [rest of page intentionally left blank] MOVED AND ADOPTED by the Board of County Commissioners of the County of Eagle, State of Colorado, at its regular meeting held the 10 day of , 2011. ATTEST: ' B * y: Clerk to the Bo• rd of tbto�p County Commissioners COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS Peter F. Runyon Commissioner Sara J. Fisher Commissioner Commissioner �7 seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Stavney Commissioner Runyon Commissioner Fisher This resolution passed by /A--- / ! �< vote of the Board of County Commissioners. ai I1 SEAGO PROPERTY / OPEN SPACE EAGLE COUNTY fA ENGINEERING DEPARTMENT C? m PO BOX 850 500 BROADWAY f 1 ��'f�• EAGLE PHONE 970 28 560 FAX 970.M 8789 E.�GI.fCOUNTY -