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<br />ORDINANCE NO. 1151 <br />SERIES 1994 <br /> <br />AN ORDINANCE AMENDING SECTION 16.32.030 OF THE LOUISVILLE <br />MUNICIPAL CODE PERTAINING TO ANNEXATIONS. <br /> <br />WHEREAS, the City Council desires to amend Section 16.32.030 <br />of the Louisville Municipal Code to provide greater flexibility in <br />the development requirements pertaining to the transfer of <br />appurtenant water rights or the payment of a water resource fee in <br />lieu thereof to the City upon the annexation of agricultural land <br />engaged in agricultural production. <br /> <br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY <br />OF LOUISVILLE, COLORADO: <br /> <br />Section 1. Subsection G. of Section 16.32.030 of the <br />Louisville Municipal Code is hereby amended, and said Section <br />16.32.030 is further amended by the addition of a new Subsection H, <br />to read as follows (words to be added are capitalized): <br /> <br />16.32.030 Development requirements. <br /> <br />G. UNLESS OTHERWISE PROVIDED BY CITY COUNCIL WITH <br />RESPECT TO WATER USED FOR AGRICULTURAL PURPOSES ON <br />LAND ZONED FOR AGRICULTURAL USES, at the time of <br />annexation the city and annexor shall agree in <br />writing to the transfer of water rights appurtenant <br />to the property to be annexed and/or the payment to <br />the city of a water resource fee in lieu of or to <br />supplement any such water rights transfer. Such <br />agreement shall be consistent with the existing <br />city policy as set forth by resolution of the City <br />Council. <br /> <br />H. NOTWITHSTANDING ANY PROVISION OF SUBSECTION G, NO <br />ANNEXOR OF ANY LAND ZONED FOR AGRICULTURAL PURPOSES <br />SHALL BE PERMITTED TO RETAIN ANY RIGHTS TO WATER <br />USED FOR AGRICULTURAL PURPOSES WHICH ARE <br />APPURTENANT TO SUCH LAND, UNLESS THE ANNEXOR AGREES <br />IN WRITING AND PRIOR TO THE ANNEXATION, TO PAY TO <br />THE CITY, UPON ANY SEVERANCE AND TRANSFER OF ALL OR <br />ANY PORTION OF SUCH RIGHTS, AN AMOUNT WHICH IS <br />EQUIVALENT TO THE PRICE OF SUCH TRANSFER, OR AN <br />AMOUNT WHICH IS EQUIVALENT TO THE THEN-CURRENT <br />MARKET VALUE OF SUCH RIGHTS, WHICHEVER IS HIGHER. <br /> <br />1 <br />