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File #: 24-182    Version: 1 Name: Colorado Centre Addition No. 3
Type: Informational Report Status: Filed
File created: 4/1/2024 In control: City Council
On agenda: 4/8/2024 Final action: 4/8/2024
Title: An informational presentation for the Annexation Policy Checkpoint on the proposed Colorado Centre Addition No. 3 Annexation, pertaining to 32.932 acres located northwest of the Foreign Tade Zone Boulevard and Bradley Road intersection Presenter: Gabe Sevigny, Planning Supervisor, Planning + Neighborhood Services Peter Wysocki, Director of Planning + Neighborhood Services COPO 8560 Real Estate LLC, Ermand Ruybal Kimley Horn
Attachments: 1. Colorado Centre Addition No 3 Annexation - Staff Presentation, 2. Attachment 1 - Colorado Centre Addition No 3 - Annexation Plat, 3. Attachment 2 - Colorado Centre Addition No 3 - Project Statement, 4. Attachment 3 - Colorado Centre Addition No 3 - Vicinity Map, 5. Attachment 4 - Annexation Agreement Draft, 6. Attachment 5 - FIA Cover Letter Colo Centre Addn No 3
Title
An informational presentation for the Annexation Policy Checkpoint on the proposed Colorado Centre Addition No. 3 Annexation, pertaining to 32.932 acres located northwest of the Foreign Tade Zone Boulevard and Bradley Road intersection

Presenter:
Gabe Sevigny, Planning Supervisor, Planning + Neighborhood Services
Peter Wysocki, Director of Planning + Neighborhood Services
COPO 8560 Real Estate LLC, Ermand Ruybal
Kimley Horn

Body
Summary:
Owner: COPO 8560 Real Estate LLC
Representative: Kimley Horn
Location: Northwest of the Foreign Trade Zone Boulevard and Bradley Road intersection.

The purpose of this work session is to follow the new annexation procedures, Annexation Policy Checkpoint, recently accepted by the City Council, which require the annexor to informally present the proposed annexation, and for the City Council to provide feedback to the annexor and City staff. It is important to note that this Work Session is not a decision on the Colorado Centre Addition No. 3 Annexation - this is Step #3 Policy Checkpoint of the newly implemented annexation process. A formal public hearing will be scheduled for a later City Council Regular Meeting, after Planning Commission review and recommendation.

There are two separate Agenda Items related to this Work Session:

The first item is a presentation by the Annexor on the Annexation itself, which will cover topics such as land use, mobility/transportation, phasing, etc.

Due to the size of the proposed annexation, the Fiscal Impact Analysis was prepared by the City's Finance Department. The FIA concludes a positive cumulative cashflow for the City over the 10-year timeframe. (Note: An FIA is required with annexation land use plans to help inform the decision on a proposed annexation.) Staff will be available at the work session to address any FIA-related questions.

CSU staff will also be available to address questions on utility-related topics.

Background:
The proposed project includes co...

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