HomeMy WebLinkAbout08014ORDINANCE NO. 8014
AN ORDINANCE ESTABLISHING PARK AREA PROJECT
ACCOUNTS CP0910, CP0911, CP0912, CP0913, CP0914,
CP0915, AND CP0916, TRANSFERRING $258,378 FROM
THE PARK LAND ESCROW ACCOUNTS, AND
BUDGETING AND APPROPRIATING SUCH FUNDS INTO
THE PARK AREA PROJECT ACCOUNTS
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
The Park Area Project Accounts CP0910, CP0911, CP0912, CP0913, CP0914,
CP0915, and CP0916 are hereby established for the purpose of funding capital
improvements for parks, trails and open space within Park Project Areas as shown on
Exhibit 1, a copy of which is attached hereto.
SFrTinN 9
City Council finds and determines that parks, trails and open space projects
within the following Park Area Project Accounts described in Section 3 serve the
following subdivisions and residents thereof and meets the intent of Section 12 -4 -7
(e)(3) of the Pueblo Municipal Code:
Champion Homes (Acct. No. DE0002)
$
4,615.72
Belmont Villa (Acct. No. DE0003)
$
20.86
Tonne Park Land (Acct. No. DE0004)
$
982.50
Skyview Subdivision (Acct. No. DE0005)
$
5,681.39
Regency Rdy. 4 th (Acct. No. DE0007)
$
4,278.86
Edna add 2" (Acct. No. DE0008)
$
209.23
Country Club Vi (Acct. No. DE0009)
$
3,101.74
Solar Ridge Sub (Acct. No. DE0011)
$
467.74
Osleson Sub (Acct. No. DE0012)
$
147.70
Sunset Prk 67th (Acct. No. DE0013)
$
1,230.86
Country Club 11 (Acct. No. DE0018)
$
1,230.86
East Park Sub (Acct. No. DE0019)
$
837.01
Espinoza Su (Acct. No. DE0020)
$
835.82
Edna Sub (Acct. No. DE0022)
$
227.73
Town Country Sub (Acct. No. DE0023)
$
147.70
Shay Park Sub (Acct. No. DE0024)
$
4,431.09
Hribar Park Land (Acct. No. DE0026)
$
320.07
Crestview Hills (Acct. No. DE0027)
$
6,154.29
Combs Sub (Acct. No. DE0028)
$
215.39
Leblanc- Atwater (Acct. No. DE0030)
$
553.87
Pacheco Add (Acct. No. DE0031)
$
123.10
Westroads Sub (Acct. No. DE0032)
$15,379.56
Eaglecross Sub F2 (Acct. No. DE0034)
$
1,982.90
Regency Ridge 1 (Acct. No. DE0035)
$
3,200.47
Regency Ridge 2 (Acct. No. DE0036)
$11,689.26
Kingsboro Hmlet (Acct. No. DE0037)
$ 5,354.50
Nona Brooks Sub (Acct. No. DE0038)
$ 4,923.46
Hunter Creek Sub (Acct. No. DE0039)
$ 90.25
Westridge Fil 1 (Acct. No. DE0040)
$ 5,618.87
Westridge Fil 2 (Acct. No. DE0041)
$ 9,397.58
Rancho Del Sol 7 Filing (Acct. No. DE0042)
$ 1,358.85
Regency Ridge 3 (Acct. No. DE0043)
$ 2,298.58
Regency Crest (Acct. No. DE0044)
$29,370.08
Residence at Outlook (Acct. No. DE0045)
$ 7,742.09
Regency Rdg 6 (Acct. No. DE0046)
$ 3,974.63
Settler's Village #1 (Acct. No. DE0047)
$ 46.16
Westridge 4 & 5 (Acct. No. DE0048)
$ 327.65
Walking Sick Park Escrow (Acct. No. DE0049)
$20,763.75
Westgate on the Blvd #1 (Acct. No. DE0050)
$15,299.53
Park West Bus Campus #2 (Acct. No. DE0051)
$ 51.02
Ventana Filing No 1 (Acct. No. DE0052)
$33,993.11
Regency Crest Sub #6 (Acct. No. DE0053)
$ 893.23
Westgate on the Blvd Filing #3 (Acct. No. DE0054)
$16,949.21
Forest Glen & S Village (Acct. No. DE0055)
$ 5,315.03
Haven Subdivision (Acct. No. DE0056)
$ 302.57
Westridge Filing No 7 (Acct. No. DE0057)
$12,737.01
Ivywood Subdivision (Acct. No. DE0058)
$13,505.18
SECTION 3.
$258,378 is hereby transferred from the Park Land Escrow Accounts set forth in
Section 2 herein to the following Park Area Project Accounts:
Park Area Project No.
CP0910
Park Area Project No.
CP0911
Park Area Project No.
CP0912
Park Area Project No.
CP0913
Park Area Project No.
CP0914
Park Area Project No.
CP0915
Park Area Project No.
CP0916
A77TSTDD SY:
CITY CLERK
INTRODUCED
$ 66,426.00
$ 20,764.00
$ 42,046.00
$ 6,953.00
$ 468.00
$121,295.00
$ 426.00
Mav 11. 2009
BY: Judy Weaver
} Councilperson
APPR D' } �,
PRESIDENTaf Cfty Council
PASSED AND APPROVED: May 26, 2009
2 ? + v
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PMEN
Background Paper for Proposed
ORDINANCE
AGENDA ITEM # 16
DATE: MAY 11, 2009
DEPARTMENT: PARKS AND RECREATION
MEL GREEN, INTERIM DIRECTOR
TITLE
AN ORDINANCE ESTABLISHING PARK AREA PROJECT ACCOUNTS CP0910,
CP0911, CP0912, CP0913, CP0914, CP0915, AND CP0916, TRANSFERRING
$258,378 FROM THE PARK LAND ESCROW ACCOUNTS, AND BUDGETING AND
APPROPRIATING SUCH FUNDS INTO THE PARK AREA PROJECT ACCOUNTS
ISSUE
Should the City Council approve an Ordinance establishing Park Area Project Accounts,
transfer $258,378 from the Park Land Escrow Accounts and budget and appropriate
such funds into Park Area Project Accounts?
Approval of the Ordinance.
BACKGROUND
The Park Land Escrow Accounts are established to hold funds that have been paid to
the City at the time of subdivision by developers in lieu of the dedication of property for
public parks. These accounts have a total of $258,378 that can be used to fund capital
improvements such as land acquisition, park construction and improvements, and trails.
In order to identify and plan for the potential use of these funds, nine Park Planning
Areas have been identified (see Park Planning Area Map attached to the Ordinance.)
This Ordinance transfers the Park Land Escrow funds into the Park Area Project
Accounts within the area in which a developer's subdivision is located. Park Planning
Area No. 6 and Area No. 9 currently have no funds on deposit that could be transferred
to establish a project account.
These funds will then be available to be authorized for specific capital improvements
within the Park Planning Areas. In some cases these funds will be held in Park Area
Accounts for reimbursement to developers who construct park improvements that are
approved and accepted by the City. Three park projects slated to utilize some of these
funds include park improvements at Walking Stick/Tamarix Parks, Mineral Palace Park,
and partial funding to develop Park Hill Park and the Fran Weaver Garden in Frances
Park. These funds could also be used to assist in matching grant applications to Great
Outdoors Colorado and other funding agencies.
The use of the Park Land Escrow Account funds for park, trails, and open space capital
improvements within Park Areas that serve the residents of those specific sections of
the City meets the intent of Section 12 -4 -7 (e)(3) of the Pueblo Municipal Code.
FINANCIAL IMPACT
Funds in the amount of $258,378 will be transferred from the Park Land Escrow
Accounts into the eight Park Area Project Accounts. These funds will be utilized to
assist in completing park land acquisition and improvements within the City of Pueblo.