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File #: 14-0205    Version: 1 Name:
Type: Resolution Status: Mayor's Office
File created: 4/28/2014 In control: City Council
On agenda: 5/13/2014 Final action: 5/13/2014
Title: A resolution authorizing the acquisition of property owned by Matthew A., Anna L., and Thomas J. Alimena to be used for the Woodmen Road Corridor Improvements Project (Phase 2) and authorizing a short-term lease of that property to Matthew A. and Anna L. Alimena for less than fair market value after the acquisition
Attachments: 1. Resolution--Alimena Acquisition and Lease-back 051314.pdf, 2. Exhibit A Vicinity Map, 3. Exhibit B Alimena Lease Revenue Residential - City Landlord April 2014


Title
A resolution authorizing the acquisition of property owned by Matthew A., Anna L., and Thomas J. Alimena to be used for the Woodmen Road Corridor Improvements Project (Phase 2) and authorizing a short-term lease of that property to Matthew A. and Anna L. Alimena for less than fair market value after the acquisition

Body
From:
Dave Lethbridge, Interim Public Works Director
Stuart King, Capital Projects Engineering Manager

Summary:
The attached Resolution authorizes staff to proceed with the acquisition of property needed for the Woodmen Road Corridor Improvements Project (Phase 2). Matthew A. Alimena, Anna L. Alimena and Thomas J. Alimena are the owners of a 2.117 acre parcel of land known as 7043 Stinson Drive. A parcel vicinity map is attached as Exhibit A. This property includes a two-story house with a two-car garage. The need for this property acquisition was identified during the preliminary and final design process for the Woodmen Road Corridor Improvements Project (Phase 2) and approved by the Colorado Department of Transportation (CDOT). The Resolution also authorizes staff to execute a temporary and revocable lease agreement granting the Alimena family use of the property during construction of their replacement dwelling at a rental rate below fair market value. This lease may need to be in effect for up to 180 days. A sample lease agreement is attached as Exhibit B. The terms of the lease include the agreement that the Alimena family will not pay to lease their property back from the City, but will be responsible for paying all utilities and insuring the contents of the house.

Previous Council Action:
? On February 22, 2000, City Council approved the first phase of funding $1,788,134 for the widening of Woodmen Road from I-25 to Lexington Drive
? On November 12, 2002, City Council approved increased funding to $7,033,400 for the widening of Woodmen Road from I-25 to Powers Boulevard
? On June 22, 2004, City...

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