Fort Collins Urban Renewal Authority AgendaPacket Special Meeting 2026-06-04
FCURA Approves IGA with City for $4.75M Infrastructure Project
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Description
The Fort Collins Urban Renewal Authority approved an Intergovernmental Agreement with the City of Fort Collins, committing up to $4.75 million toward the North College Drainage Improvement District Project. Funding will support right-of-way acquisition and stormwater improvements over a multi-year period.
Contract Details
Contract Amount
Up to $4,750,000 (phased: $550,000 in 2026, $2,100,000 in 2027, $2,100,000 in 2028)
Vendor
CITY OF FORT COLLINS
Agency
City of Fort Collins, CO
Contract Type
OTHER
Document Date
June 4, 2026
Contract Term
2026–2029 (payments and project completion by Dec 31, 2029)
Renewal Date
2029-12-31
Renewal Info
Phased appropriations: initial $550,000 for ROW in 2026, $2.1M in each of 2027 and 2028 for stormwater. Contribution is capped and contingent on City’s appropriations. Authority can reallocate between ROW and stormwater lines without exceeding total cap.
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