HomeMy WebLinkAboutR12-082 Colorado River Ranch Approval of Open Space Funds Commissioner S W14jW moved adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2012- d v G APPROVAL OF THE USE OF OPEN SPACE FUNDS FOR THE PRESERVATION OF THE COLORADO RIVER RANCH PROPERTY LOCATED IN EAGLE COUNTY, COLORADO WHEREAS, the Eagle County Open Space Fund was created to acquire and protect outstanding natural lands, wildlife habitat, historic ranches and scenic areas; and WHEREAS, Eagle County is interested in permanent preservation of the Colorado River Ranch Property ( "Property ") to protect its conservation values and provide public recreation benefits; and WHEREAS, The Conservation Fund has entered into a purchase contract dated March 17, 2012 to acquire a conservation easement on the Property from the landowner for $5,500,000; and WHEREAS, the conservation easement will be held by Colorado Open Lands; and WHEREAS, as part of the transaction Eagle County is to receive three separate easements to accommodate public access to the Colorado River, Colorado River Ranch school site and Bull Gulch Wilderness Study Area; and WHEREAS, Eagle County applied for and Great Outdoors Colorado has agreed to grant $2,791,700 towards the purchase of the conservation easement; and WHEREAS, it is currently unclear when the Great Outdoors Colorado grant funds will be available to Eagle County; and WHEREAS, Eagle County's Open Space Advisory Committee considered the acquisition of the conservation easement at its meeting on July 9, 2012 and has recommended the expenditure of up to $5,850,000 from the Open Space Fund recognizing that reimbursement from Great Outdoors Colorado will occur at some point in the future; and WHEREAS, the Eagle County Board of County Commissioners has heard the recommendation from the Open Space Advisory Committee and desires to use Open Space Funds for the preservation of the Property. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of the County of Eagle, State of Colorado: THAT, subject to satisfaction of grant requirements and final approval of the same from Great Outdoor Colorado, Open Space Funds in an amount up to $5,850,000 shall be used to fund the costs of preservation and conservation of the Property which costs shall include, but not be limited to, transaction fees to The Conservation Fund, costs of conservation easement conveyance and management needs. THAT, the Board of County Commissioners finds, determines and declares that this Resolution is necessary for the public health, safety and welfare of the citizens of Eagle County, State of Colorado. MOVED AND ADOPTED by the Board of County Commissioners of the County of Eagle, State of Colorado, at its regular meeting held the 11 day of j UL' , 2012. COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS ATTEST: lip i L 4 1 ) * By: clerk to the Boar. � f °if:m(0 Peter F. Runyon County Commissioners Chairman ' ti v Jon Stavney Co ' •sioner Sara J. Fisher Commissioner Commissioner VAL' 1/4 ('s seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Runyon A-1A " Commissioner Stavney S Kam-. Commissioner Fisher " This resolution passed by 1 J vote of the Board of County Commissioners.