Town of Erie
File #: 20-137    Version: 1 Name:
Type: Consent Agenda Status: Agenda Ready
File created: 2/20/2020 In control: Town Council
On agenda: 2/25/2020 Final action:
Title: A Resolution of the Board of Trustees of the Town of Erie Approving an Intergovernmental Agreement with Nine Mile Metropolitan District
Attachments: 1. Resolution, 2. Intergovernmental Agreement
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SUBJECT: CONSENT AGENDA

 

Title

A Resolution of the Board of Trustees of the Town of Erie Approving an Intergovernmental Agreement with Nine Mile Metropolitan District

Body

DEPARTMENTS: Administration and Legal

 

PRESENTERS:

Kendra Carberry, Town Attorney

Malcolm Fleming, Erie Town Administrator

 

TIME ESTIMATE:

only required for non-consent items

 

FISCAL INFORMATION: N/A

Cost as Recommended:

Balance Available:

Budget Line Item Number:

New Appropriation Required:

 

STAFF RECOMMENDATION:

Recommendation

 

Approve Resolution

 

End

SUMMARY AND BACKGROUND OF SUBJECT MATTER:

The Town of Erie Urban Renewal Authority (TOEURA) authorized the organization of the Nine Mile Metropolitan District on June 4, 2019. The Board of Trustees approved the Nine Mile Metropolitan District proposed Service Plan on August 13,2019. The Nine Mile Metropolitan District is a quasi-municipal corporation and political subdivision of the State of Colorado. The Service Plan and Section 9-4-6 of the Town Code require the execution of an intergovernmental agreement between the Town and the District.

 

The primary purpose of the District is to plan for, design, acquire, construct, install, redevelop, maintain and finance the Public Improvements, in accordance with the requirements of the Official Development Plan. The District will submit an annual report to the Town no later than August 1 of each year.

 

ATTACHMENTS:

1.                     Resolution

2.                     Intergovernmental Agreement