City Council Minutes 2003 01 07 - Laserfiche WebLink

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Louisville City Council Meeting January 7, 2003 Page 4 RESOLUTION NO. 1, SERIES 2003 - A RESOLUTION APPROVING AMENDMENTS TO CONSERVATION EASEMENTS OVER THE BOWES PARCEL 1 PROPERTY Davidson called for Staff presentation. City Attorney Sam Light reviewed the Resolution No. 1, Series 2003, which approves amendments to Conservation Easements over the Bowes Parcel 1 Property. He explained the City of Louisville and Boulder County each own an undivided interest in fee simple title to a 66-acre parcel of land referred to as the Bowes Parcel 1 Property, located at the southeast corner of the intersection of Dillon Road and South 88th Street. The property, acquired in 2002, is subject to reciprocal conservation easements from the City to County and the County to City, recorded on May 4, 2000. Light explained the City and County entered into an agreement with the Great Outdoors Colorado Trust Fund (GOCO) to receive a grant to assist in funding the City and County's acquisition of the Bowes Property. The $130,640 grant is the remaining money owed to the City and County for the Warembourg property. Since the parcel included a third party conservation easement requiring amendment for GOCO participation, GOCO suggested using the remaining money for a fee simple purchase by the City and County. Thus the City and County desire to amend the Bowes conservation easement to incorporate certain provision which are required by the GOCO Board and which are intended to further preserve for scenic, open space, agricultural, passive recreational and environmental uses, the natural condition and aesthetic and ecological features of the property. Light reviewed the amendments, which include creation of a baseline inventory and land management plan; creation of certain enforcement rights in GOCO; some additional restrictions on certain activities, such as signage, structures and trails; and provision for GOCO to recoup its share of the purchase price for the property, which is approximately 7%. The property includes certain water rights that were jointly acquired and placed under the existing conservation easements. Light noted that the Resolution authorizes the Mayor to execute the Amendments on behalf of the City and to negotiate and approve revisions to the amendments as the Mayor determines are necessary or desirable for the protection of the City, so long as the essential terms and conditions of the amendments are not altered. COUNCIL COMMENTS Sisk voiced his concern over the involvement with GOCO on the Bowes property. His concern centered on a north-south access to Monarch High School from Dillon Road. He suggested taking a portion of the easement for future consideration for an access. 4