CITY COUNCIL WORK SESSION
4:00 PM
The purpose of this item is to review the history and nature of discussions on the property with Housing Catalyst (HC) to date and provide greater clarity on why and when staff recommend resuming discussions.
In 2022, the City entered a Memorandum of Understanding (MOU) with Housing Catalyst (HC) to develop the city owned property at Block 122 (also known as the Remington/Oak Parking Lot). The MOU outlined the intent to partner on a mixed-income redevelopment of the property that would include a minimum of 50% affordable housing serving households at 80% AMI or below. Since the MOU was signed, the City and HC have continued to discuss the redevelopment of the Site. At the beginning of this year, staff began drafting a Purchase and Sale Agreement (PSA) for Council to consider. The PSA would have initially been presented to the Council Finance Committee in April. After delaying the presentation two months, staff chose to pause discussions with HC until after the conclusion of the ongoing Parking Optimization study
Upon request, the City of Fort Collins will provide language access services for individuals who have limited English proficiency, or auxiliary aids and services for individuals with disabilities, to access City services, programs and activities. Contact 970.221.6515 (V/TDD: Dial 711 for Relay Colorado) for assistance. Please provide advance notice. Requests for interpretation at a meeting should be made by noon the day before.
A solicitud, la Ciudad de Fort Collins proporcionará servicios de acceso a idiomas para personas que no dominan el idioma inglés, o ayudas y servicios auxiliares para personas con discapacidad, para que puedan acceder a los servicios, programas y actividades de la Ciudad. Para asistencia, llame al 970.221.6515 (V/TDD: Marque 711 para Relay Colorado). Por favor proporcione aviso previo. Las solicitudes de interpretación en una reunión deben realizarse antes del mediodía del día anterior.