Title
A Resolution Authorizing the Acquisition of Property Owned by Dennis K. Eastep, Lisa E. Eastep, and Carol Eastep to be Used for Southern Delivery System Project Improvements and Finding a Public Purpose in a One-Year Below-Market Lease of Such Property to Dennis K. Eastep and Lisa E. Eastep.
Presenter:
Lyman Ho, SDS Land Acquisition Manager, Colorado Springs Utilities
Aram Benyamin, Chief Executive Officer, Colorado Springs Utilities
Body
Summary:
Southern Delivery System (SDS) staff requests City Council approval of a resolution authorizing the acquisition of real properties and improvements owned by Dennis K. Eastep, Lisa E. Eastep, and Carol Eastep (The Eastep Property) to the City of Colorado Springs for the Gary M. Bostrom Reservoir, formerly known as the Upper Williams Creek Reservoir (UWCR), which is part of the Southern Delivery System (SDS) project.
Background:
On December 10, 2013, City Council approved Resolution No. 134-13 authorizing negotiations to acquire properties necessary for the SDS UWCR project. The Eastep Property acquisitions join approximately 2,200 acres of property already acquired for the SDS UWCR project. Presuming approval of The Eastep Property acquisitions today, approximately 2 additional properties will be required for the reservoir and buffer area.
The Eastep Property is being acquired in a consensual transaction. The Eastep Property acquisition consists of 120 acres of land, which is located at 13420 and 13550 Bradley Road, Colorado Springs, Colorado 80928 and known as El Paso County Tax Schedule Numbers 45000-00-121 and 45000-00-122 and a modular home, a utility shed, and a garage, identified as Tax Schedule Number 93100-08-113 and described as SEC 05-15-64 HOMETTE 1978 70X14 VIN 03590323L 06M071397 (APN 45000-00-121). This acquisition is needed for the reservoir site and buffer area. Initially, early conversations with the owners indicated that condemnation might be necessary to acquire the property ...
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