Title
A Resolution Authorizing a Trails, Open Space and Parks (TOPS) Capital Improvement Budget Transfer in the Amount of $85,000 from the TOPS Legacy Loop Project to the Sand Creek Trail Planning, Acquisition and Construction Project to Fund the Acquisition of a Parcel Containing a Portion of the Sand Creek Trail
Presenter:
Emily Duncan, TOPS Trails Development Coordinator
Britt Haley, TOPS Program Manager
Body
Summary:
Parks, Recreation and Cultural Services staff requests approval of a budget transfer within the TOPS fund to acquire a 0.789 acre parcel containing an existing Sand Creek Trail segment and to provide continued legal public access. This request would transfer $85,000 from the TOPS Legacy Loop project to the TOPS Sand Creek Trail Planning, Acquisition and Development project. This property acquisition will provide continuous trail access under Dublin Boulevard for the Sand Creek Trail.
Background:
As of July 31, 2020, the TOPS Legacy Loop project has a balance of approximately $1.9 million. As part of the 2020 Pikes Peak Rural Transportation Authority (PPRTA) Budget, the Pikes Peak Greenway Trail, a significant portion of Legacy Loop, received an additional $1.2 million, which will be used for grant purposes and construction costs for portions of the Legacy Loop. The Legacy Loop is also a candidate for additional funding for the 2021 TOPS Trails category budget.
The property proposed for acquisition is a 0.789 acre unplatted parcel which includes a reach of the Sand Creek Trail, providing underpass connectivity at Dublin Boulevard. In the fall of 2019, the property owner approached the City of Colorado Springs Parks, Recreation and Cultural Services Department with his interest in selling this property to the City. Currently, the property is owned by Ridgeview Development, LLC, Swat I LLC, and Rocolo I LLC. This property was previously pursued for acquisition to formalize public access, but liens registered against the property p...
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