HomeMy WebLinkAbout11/19/2013 Council Presenation-Protecting Tortolita Preservethe Tortolita Preserve was created
� to protect the Preserve
the Town is concerned financially
�rstanding the lease
steps to protect the Preserve and ensure
�cial sustainability
Jer�nifer �hrist�lm�r�/J�nin� �p�ncer
� 1 � ` � �'� �' i � � �'
Pygmy-owl listed as endangered (�ss�)
Must designate critical habitat
Dove Mountain development impacted
Future resort site in jeopardy
Photo credit: Conservacion Patagonica
Fish and Wildlife
Habitat State Land
Preservation Lease
Agreement
l�e;rm,ir,r:[cFci)
The Town is working with Fish and Wildlife and other
conservation groups to maintain open space
� _ ... _ •� _ _ • • .�
Strategic P(an II
Existing Zoning
�!�
General Plan
6�gcrre a.z�
Envircnrerent�IFy"�'�
�rSsnsiiive lancls us
2he Tawn of Mazarra
�
lY�
�. �,"t.�'.� rkmi�'me
__.:. arm.. r��:
�. .�n MsmRmlKOr'N�a ���.
�� � "� i#P?NrzW+Y�
Rffi.�',..�#YPkt
w+"�':'�Y-
�f�
k
3 �r:
FI�UiE 3,3
Tawn c�# Ti�srene
Ripaflan Mal�tt�i
r t � � c;
� ����
�:nva�s�: �.� �.
� ���
x�� �
.r: ""�e��:'. ��=�P
� � ������'
�.. """
_ �;.
��
,....;;..,.. ��:� �I
� �
�' ; �
�: ..... -,_ z;y. :.
!. �.
t �: � �
C'a+D'c'��: Maximize the use of available resources to
provide the greatest public benefit
� 99 year term starting October 25, 2000
• Rent payment by 10% every 5 years
• Lease originally based on a 450+ room resort
(Ritz Carlton has 250)
Rents at years 1 to 5
Rents at year 96 to 99
Payments over lease term
$432,QQ�
$2,�642,�73
$'i �1,071,898
Town e�vill nc�t own the land at the end of the term
$3,000,000
$2.500,000
$Z,000,000
$1, 500, 000
$1,000,000
$500,000
140,000,000
120,000,000
100,000,000
80,000,000
60, 000, 000
40,000,000
20.000,000
�
$0
r cn rn v� r r� rn�n � r> rn�n r
0 0 � � N M c+l v v�n t0 co r I� N OI rn
O O O O O O O O O O O O O C O O O
N N N N N N N N N N N N N N N N N
. . . � � � � i � � . � i � � � i
C C C G C C C C C C C C C C C C C
CJ c� �C CJ l9 N c6 (0 cG N �0 c0 (� C cJ c0 c0
� � � � � � � � � � � � � � � � �
■ Payment
Paid Future Paymen[s
■ Paid ■ Future Payments
Fr�r�k C��si�3y
� �' � l � � �' 'i' ��
Right to
prepay rent
during first 10
years
99 years
Uses:
Open space
and park
purposes
Lease
"Mutu�l �ancell�tion
.. .
"This lease may be terminated as to all or part of the
parcel prior to the expiration date upan written
a�reement signed by both Lessor and �.essee. The
agreement shall specify the terms and conditions of
such a cancellation and may include but shall not be
limited to an acceleration of the amortization of the
improvements."
_ �,
. . �; . . . � � .
� � � �,
Protect the Preserve by using available tools;
Support state-wide initiatives to include Tortolita
Preserve as conservation land; and
Negotiate with State Land: Goal is to minimize
financial impact upon the Town
�����������