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File #: 16-00078    Version: Name:
Type: Resolution Status: Mayor's Office
File created: 1/15/2016 In control: City Council
On agenda: 5/24/2016 Final action: 5/24/2016
Title: A Resolution Authorizing a Land Exchange between the City of Colorado Springs and the Broadmoor Presenter: Karen Palus, Director - Parks, Recreation and Cultural Services Chris Liebeer, Park Development and TOPS Manager Ronn Carlentine, Real Estate Manager Brit Haley, City Attorney Rebecca Jewett - Executive Director, Palmer Land Trust Jack Damioli - CEO and President, Broadmoor Hotel
Attachments: 1. 05242016 Final Resolution with Exhibits, 2. 05242016 Revised Appraisal.189 Acre Parcel, 3. 05242016 Revised Appraisal.CSU parcel.55 AC, 4. 05242016 - Palmer Land Trust Letter of Intent, 5. Resolution 55-16.pdf


Title
A Resolution Authorizing a Land Exchange between the City of Colorado Springs and the Broadmoor

Presenter:
Karen Palus, Director - Parks, Recreation and Cultural Services
Chris Liebeer, Park Development and TOPS Manager
Ronn Carlentine, Real Estate Manager
Brit Haley, City Attorney
Rebecca Jewett - Executive Director, Palmer Land Trust
Jack Damioli - CEO and President, Broadmoor Hotel


Body
Summary:
The City of Colorado Springs Parks, Recreation and Cultural Services Department has proposed a land exchange between the City of Colorado Springs and the Manitou and Pike's Peak Railway company, COG Land and Development Company, PF LLC, and The Broadmoor Hotel, Inc., collectively referred to as "Broadmoor". The proposed land exchange provides an opportunity to achieve several major goals identified in the Colorado Springs Parks System Master Plan including: Preserving and expanding our open space system, connecting our trail system, securing public access to valued recreational trail corridors that currently traverse private lands, and providing additional recreational opportunities within our community for horseback riding and picnicking.


Previous Council Action:
An initial briefing of the proposed land exchange was brought before City Council on January 25, 2016. A second and third briefing were brought before City Council on April 11 and 25, 2016 to provide an update on the community process and proposed resolution regarding the land exchange. City Council heard a presentation regarding the property appraisals and the third party review of those appraisals on May 9, 2016. Later that evening, City Council held a Town Hall Meeting regarding the appraisal report and the land exchange proposal.

Background:
The proposed land exchange advances both immediate and long term open space, trail and recreation goals identified within the Colorado Springs Park System Master Plan. The exchange includes the following tenets:

The Broadmoor wi...

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