Title
A Resolution Authorizing the Acquisition of Real Property and Easements from PHA Stores, Inc using PPRTA funds for the PSFB North Gate Access and Safety Improvements Project
Presenter:
Ryan Phipps, P.E., Engineering Program Manager/Capital Projects
Kellie Billingsley, Real Estate Services Manager
Body
Summary:
The acquisition proposal would authorize the City of Colorado Springs’ (“City”) Real Estate Services Manager and Public Works Director to enter into a Memorandum of Agreement with PHA Stores, Inc. (the “Property Owner”) to acquire real property, a permanent easement, and a temporary construction easement (the “Property”) in connection with the PSFB North Gate Access and Safety Improvements Project.
Background:
The City of Colorado Springs is the lead agency coordinating the delivery of the Peterson Space Force Base (PSFB) North Gate Access and Safety Improvements Project (“Project”). The Project will replace the signalized intersections at the US Highway 24 and Peterson Road interchange with roundabouts. In addition, the project will install a storm drain network to improve drainage at the interchange, modify the slope paving beneath the bridge to accommodate a multi-use trail, and install multi-modal opportunities to include bike lanes and accessible pedestrian routes through the interchange. The goal of the Project is to provide a safer, more secure, and more efficient transition to the North Gate of Peterson SFB and the surrounding community.
The City led a ‘Working Group’ of agencies and stakeholders to coordinate the Project. The Working Group consists of CDOT, PSFB, El Paso County, CSU and Cherokee Metro District and others. In addition to local and regional participation in the Project, the City collaborated with both Colorado Senators’ offices to secure funding from Congress to complete the engineering phase of the Project. In addition, the City recently applied for and was awarded a grant for construction funding from the Department of Defense, Defense Community Infrastructure Program.
The Property is required to facilitate the construction of a turn lane for traffic transitioning from southbound Peterson Road to westbound US Highway 24. Additionally, a permanent easement within the property is necessary for the installation of storm sewer infrastructure, pedestrian sidewalks, and curb ramps.
Acquisition from PHA Stores, Inc., a Colorado Corporation, will acquire approximately 769 square feet of real property, 1,085 square feet of public improvement easement, and 1,466 square feet of temporary construction easement (together referred to as the ‘Property’). The Property has an appraised value of $69,200.00. There is an additional cost to relocate personal property in the form of a large advertising sign estimated to cost $80,800. The combined total cost to acquire the Property is $150,000.
On February 12, 2025, the PPRTA Board approved the purchase of the Property.
Pursuant to Chapter 9 of the City of Colorado Springs Procedure Manual for the Acquisition and Disposition of Real Property Interests, Revised 2021, appraisals for the parcel were obtained, which supports the purchase price.
Staff requests that City Council approve the attached Resolution for acquisition of the Property from the Property Owner. Additionally, the attached Resolution authorizes the City’s Real Estate Services Manager and the Public Works Director to execute all documents necessary to complete the acquisition.
This item supports the City’s strategic goal of investing in infrastructure.
Previous Council Action:
On August 23, 2022, City Council endorsed the extension of the Pikes Peak Rural Transportation Authority Capital Program in Resolution No. 121-22. Subsequently, on November, 2022, the citizens approved Ballot Issue 5A extending the PPRTA Capital Program until December 31, 2034. This Project is funded by the Capital Traffic Intersection Improvements Program.
Financial Implications:
This property acquisition cost is accounted for in the PPRTA project budget.
City Council Appointed Board/Commission/Committee Recommendation:
N/A
Stakeholder Process:
The Property Owner has been engaged by the City since early 2024.
Alternatives:
To disapprove of the Resolution and not authorize the City to acquire the Property.
To approve the Resolution and authorize the City to acquire the Property.
Recommended Action
Proposed Motion:
Move to approve a Resolution Authorizing the Acquisition of Real Property and Easements from PHA Stores, Inc using PPRTA funds for the PSFB North Gate Access and Safety Improvements Project
Summary of Ordinance Language
N/A