Title
A Resolution Authorizing the Transfer of Control of Real Property Acquired for the Jimmy Camp Creek Reservoir from Colorado Springs Utilities to the City of Colorado Springs Parks, Recreation, and Cultural Services Department
Presenter:
Jessica Davis, Principal Land Resources Specialist, Colorado Springs Utilities
Britt Haley, Parks Design and Development Manager / TOPS Program Manager, City of Colorado Springs Parks, Recreation, and Cultural Services
Aram Benyamin, Chief Executive Officer, Colorado Springs Utilities
Body
Summary:
Colorado Springs Utilities (Utilities) and City of Colorado Springs Parks, Recreation and Cultural Services Department (Parks) request City Council approval of a resolution authorizing the transfer of control of real property from Utilities to Parks.
Background:
As a result of extreme drought conditions and watering restrictions in 2002-2004 indicating that additional water storage was needed to ensure sufficient supply for customers, City Council directed Utilities to acquire property for a future terminal storage reservoir for the SDS project. The City, on behalf of Utilities, authorized the purchase of fifteen properties east of Colorado Springs to build the Jimmy Camp Creek Reservoir in conjunction with SDS. Ten of the fifteen properties were purchased subject to rights of first refusal (ROFR) granting the prior property owners the ability to repurchase the properties if Utilities did not construct the reservoir project or had no use for the properties.
In 2009, the Upper Williams Creek Reservoir (now Gary M. Bostrom Reservoir) site was approved as the SDS terminal reservoir site by the United States Army Corps of Engineers. This designation was the result of the SDS federal environmental permitting process. In its 2017 Integrated Water Resource Plan, Utilities formally announced it would not build the Jimmy Camp Creek Reservoir and indicated that it had no use for the properties and began to evaluate the po...
Click here for full text