Common Contracts

From: Steve Glueck, Director of Community and Economic Development Through: Jason T Slowinski, City Manager Date: April 18, 2017 Re: Potential Agreement for Option for Purchase of Property

Option Agreement • April 21st, 2017 • Colorado

• Contract Type
  Option Agreement
• Filed
  April 21st, 2017
• Jurisdiction
  Colorado

Purpose of Agenda Item: This item appears before City Council pursuant to staff’s update in November 2016. City Council is asked to consider an Option Agreement to potentially purchase property west of SH 93 and south of Golden Gate Canyon Road, to be held for the possible future relocation of SH 93 in the area. If approved, the agreement also authorizes an update to a 2009 Water Service Agreement to increase the maximum number of homes served on the Brunel property from four to seven.