Title
Discussion on Banning Lewis Ranch Annexation Agreement
(Legislative)
Presenter:
Peter Wysocki, Director of Planning and Development
Body
Summary:
Over the past 18 months, City staff and the major landowners of Banning Lewis Ranch have been reviewing the original annexation agreement. Significant effort has been made to amend the original agreement to be malleable and pertinent for the anticipated long-term development of the area. Figure 1 summarizes obligations stipulated by the original annexation agreement and proposed changes. Figure 2 is a draft amended annexation agreement. The proposed changes reflect City Code requirements (and any future amendments) and standard annexation practices. It is important to note that the proposed changes do not de-obligate current or future owners/developers from constructing, dedicating land or paying there pro-rata (fair share) of the cost of improvements required by City Code or warranted due to their respective developments.
Previous Council Action:
There have been no previous attempts or Council considerations to amend the original annexation agreement.
Background:
The area known as Banning Lewis Ranch (BLR) was annexed into the City of Colorado Springs in 1988. It consists of approximately 20,000 acres and is generally bordered by Marksheffel Road, East Woodmen Road, Fountain Boulevard and eastern boundary of the City limits. Development of the area is subject to an annexation agreement approved by the City Council on September 23, 1988.
Since being annexed in 1988, the area has realized very little development, certainly much less and at a much slower pace than originally anticipated. The only major development is occurring in the northern portion of BLR by Oakwood Homes, where approximately 450 acres have been developed with various types of single-family residential homes, recreational amenities, roads, utilities and a school. Development in the rest of BLR has been essentially n...
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