HomeMy WebLinkAboutR12-083 Nottingham Red Dirt Approval of Open Space Funds Commissioner T"1 moved adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO /\ 0 RESOLUTION NO. 2012- U V APPROVAL OF THE USE OF OPEN SPACE FUNDS FOR THE ACQUISTION OF THE NOTTINGHAM -RED DIRT 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 acquiring the Nottingham -Red Dirt Property ( "Property ") to protect its conservation values and provide public recreation benefits; and WHEREAS, Eagle County has entered into a purchase contract dated March 14, 2012 to acquire the Property from the landowner for $2,350,000; and WHEREAS, Eagle County applied for and Great Outdoors Colorado has agreed to grant $1,175,000 towards the purchase of the Property; 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 Property at its meeting on July 9, 2012 and has recommended the expenditure of $2,430,000 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 acquisition and 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 Outdoors Colorado, Open Space Funds in an amount up to $2,430,000 shall be used to fund 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) and costs related to preservation and conservation of the Property (which costs shall include, but not be limited to, cost 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 n day of - (U L LA 2012. COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY CO ISSIONE' S ATTEST: Clerk to the Boar. r. f 0610. Peter F. Runyon County Commissioners Chairman y. 1 OLCQv Jon Stavney Commiss ner Sara J. Fisher Commissioner Commissioner ilk) seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Runyon 1A--1" Commissioner Stavney O iSlc-i Commissioner Fisher V"'"` " / This resolution passed by vote of the Board of County Commissioners.