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File #: 14-0617    Version: 1 Name:
Type: Resolution Status: Mayor's Office
File created: 9/30/2014 In control: City Council
On agenda: 10/14/2014 Final action: 10/14/2014
Title: A Resolution Setting Forth Findings of Fact and Conclusions of Law Based Thereon and Determining the Status of the Territory Known as Capital Annexation No. 1 Hereinafter More Specifically Described in Exhibit "A" (Legislative Matter)
Attachments: 1. Capital Annexation No 1 - Annex Resolution, 2. Exhibit A - Legal Description, 3. Exhibit B - Annexation Agreement


Title
A Resolution Setting Forth Findings of Fact and Conclusions of Law Based Thereon and Determining the Status of the Territory Known as Capital Annexation No. 1 Hereinafter More Specifically Described in Exhibit "A"
(Legislative Matter)
Body
From:
Peter Wysocki, Planning and Development Director, Planning and Development Department

Summary:
CPC A 14-00048 - Annexation - Legislative
CPC MP 14-00050 - Master Plan - Legislative
CPC ZC 14-00049 - Establishment of Zone District - Legislative

This project includes the following applications: 1.) the Capital Annexation No. 1 Annexation , 2.) the Capital Annexation No. 1 Master Plan, and 3.) establishing the M-1/HR/AO (Light Industrial with High Rise and Airport Overlays) zone district. The property is located east of the Industry Road and Capital Drive intersection, specifically at 3285 Capital Drive and consists of 60.606 acres (Property).

The applications are necessary for the extension of Colorado Springs Utilities (CSU) electric services to serve this project. The project is undergoing the construction of a significant new 22,380 square-foot building to expand its existing operation. This operation includes the manufacturing of piping to serve the oil and gas extraction industry.

Weatherford International Ltd. (Weatherford) is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. The Company operates four segments: North America, Latin America, Europe/West Africa/the former Soviet Union (FSU) and Middle East/North Africa/Asia. It operates in over 100 countries and has manufacturing facilities and sales, service and distribution locations in approximately all of the oil and natural gas producing regions in the world. The Company operates in ten service lines: artificial lift systems; stimulation and chemicals; drilling services; well construction; integrated drilling; completion systems; dril...

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