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HomeMy WebLinkAboutR20-091 Approval of Open Space Funds 776 Sweewater Road DocuSign Envelope ID:5B11006F-8BDE-4391-A647-A4EAB8B3FB6B Commissioner Scherr moved adoption of the following resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2020- 091 RESOLUTION APPROVING AND AUTHORIZING THE USE OF OPEN SPACE FUNDS FOR THE PURCHASE OF A CONSERVATION EASEMENT ON 776 SWEET WATER ROAD, EAGLE COUNTY, COLORADO AND AUTHORIZING ANY OF THE EAGLE COUNTY COMMISSIONERS TO EXECUTE ALL DOCUMENTS ASSOCIATED WITH SAID PURCHASE WHEREAS, Walking Mountains, a Colorado non-profit corporation, owns the property at 776 Sweetwater Road (Assessor Parcel No. 193508100014) (the "Property") in Eagle County, Colorado, and has agreed to place a conservation easement on it; and WHEREAS, the Eagle County Open Space Program was created to acquire and protect outstanding natural lands, wildlife habitat, historic ranches and scenic areas; and WHEREAS, the 224-acre Property possesses characteristics consistent with Eagle County Open Space Selection Criteria including critical wildlife habitat, riparian habitat, and scenic landscapes that are important to conserve for current and future generations of Eagle County; and WHEREAS, Eagle County, Eagle Valley Land Trust ("EVLT"), and Walking Mountains will work together in support of the effort to preserve the Property; and WHEREAS, Walking Mountains will donate any remaining portion of the conservation easement value and will own and manage the Property at its expense; and WHEREAS, EVLT has agreed to hold the conservation easement on the Property and to be responsible for long-term monitoring which will ensure the permanent protection of the Property's conservation values; and WHEREAS, Eagle County supports the transaction which is comprised of the preservation of the Property through a conservation easement; and WHEREAS, on October 13, 2020 the Eagle County Open Space Advisory Committee ("OSAC") considered whether to fund the conservation easement to protect the Property. OSAC voted unanimously to recommend that the Board of County Commissioners of Eagle County, Colorado("Board") fund three hundred and fifty thousand dollars($350,000)toward the purchase of the conservation easement on the Property with the understanding that a funding agreement setting forth the details and requirements for funding the transaction be executed before closing; DocuSign Envelope ID:5611006F-8BDE-4391-A647-A4EAB8B3FB6B and WHEREAS, in anticipation of Walking Mountains granting the conservation easement on the Property to EVLT, the Board has heard the OSAC recommendation and desires to ratify the use of Open Space Funds to fund a portion of the purchase price of the conservation easement on the Property to be granted to EVLT. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of the County of Eagle, State of Colorado: THAT, the Board ratifies and authorizes the use of Open Space Funds in the amount of three hundred and fifty thousand dollars ($350,000) to fund a portion of the conservation easement; and THAT, subject to satisfaction of any due diligence and execution of a funding agreement with Walking Mountains,setting forth the details for funding the transaction in a form acceptable to Eagle County no later than December 31, 2020, Open Space Funds in an amount up to $350,000 shall be used for costs associated with completion of the preservation of the Property through a conservation easement; and THAT, the Board authorizes any of the Eagle County Commissioners to execute on its behalf any and all necessary documents, deeds, instruments, closing documents, papers or other forms necessary for the County's contribution to the purchase of the conservation easement on the Property all in a form approved by the Eagle County Attorney's Office; and THAT,the Board finds, determines and declares that this Resolution is necessary for the public health, safety and welfare of the citizens of the County of Eagle, State of Colorado. *The remaining of this page is intentionally left blank* DocuSign Envelope ID:5B11006F-8BDE-4391-A647-A4EAB8B3FB6B MOVED AND ADOPTED by the Board of County Commissioners of the County of Eagle, State of Colorado, at its regular meeting held November 44tIr (OL , 2020. COUNTY OF EAGLE, STATE OF ("4"..\:1"t 6:- COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS LS c *i A 11 EST: '\04, :,:v e--DocuSigned by: 400 ,--DocuStbed by: r(4.1AA, ' IA. By: Withi Or— th Clerk to tfte-B9ffitic5f440 KaVffiatePHenry County Commissioners Chair --DocuSigned by: JeanliFTMEratiey Commissioner DocuSigned by: Sluff S.cturr Mahymn 8E0473 LI Commissioner Commissioner McQueency seconded adoption of the foregoing resolution. The roll having been called,the vote was as follows: Commissioner Chandler-Henry Aye Commissioner McQueeney Aye Commissioner Scherr Aye This resolution passed by 3/0 vote of the Board of County Commissioners of the County of Eagle, State of Colorado