SUBJECT: CONSENT
Title
A Resolution of the Board of Trustees of the Town of Erie Approving an Agreement for Fair Contributions with the Saint Vrain Valley School District RE-1J
Body
DEPARTMENT: Administration
PRESENTER: Malcolm Fleming, Town Administrator
TIME ESTIMATE: 5 minutes
only required for non-consent items
FISCAL SUMMARY:
Revenue to the school district from fees on new residential development to partially offset the cost of acquiring land for new schools and for capital costs of new school construction.
STAFF RECOMMENDATION:
Recommendation
Approve the intergovernmental agreement between the Town of Erie and Saint Vrain Valley School District RE-1J for fair contributions for public school sites.
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The Town of Erie and Saint Vrain Valley School District RE-1J entered into an intergovernmental agreement (IGA) regarding fair contributions for public schools on June 8, 2011. The term of the IGA is ten years and it will be expiring at the end of this month.
The Town and Boulder Valley School District and the St. Vrain Valley School District have negotiated an IGA that is the same for each school district and that is very similar to the current IGA. Below is a summary of the general updates that are included in the new IGA; specific language was added or amended to:
1. Clarify specific dates and timelines for dedications for Fair Contribution of Public School Sites.
2. State that school site dedications should be located in conformity with Erie's adopted plans.
3. Specify that the School District can only use the land dedicated to them as a site for a school or for other school purposes if approved by the Town; and, if the School District determines that a school is no longer necessary and decides to sell the land, they shall offer a first right of refusal to the Town to purchase the parcel.
4. Allow funds received to be used for traffic signal costs.
5. Add the requirement that the entity that de...
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