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File #: 24-319    Version: 1
Type: Presentation Status: Agenda Ready
File created: 6/5/2024 In control: Board of County Commissioners Study Session
On agenda: 6/10/2024 Final action:
Title: 1:00 PM *Final Update on High Line Canal Acquisition
Attachments: 1. Board Summary Report, 2. Draft Conservation Easement
Date Ver.Action ByActionResultAction DetailsMeeting DetailsAudio/Video
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To: Board of County Commissioners

Through: Gini Pingenot, Director, Open Spaces

Prepared By:
prepared
Michele Frishman, Grants & Acquisitions Manager, Open Spaces
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presenter
Presenter: Gini Pingenot, Director, Open Spaces, and Michele Frishman, Grants & Acquisitions Manager, Open Spaces
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Subject:
title
1:00 PM *Final Update on High Line Canal Acquisition
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Purpose and Request:
recommended action
For purposes of the County's pending acquisition of portions of the High Line Canal, staff will present a final update to the Board of County Commissioners (BOCC) on the latest negotiations and items completed for closing.
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Background and Discussion: Arapahoe County is working with Denver Water and the High Line Canal Conservancy (Conservancy) to take ownership of 45 miles of the 71-mile canal corridor including sections in Arapahoe, Denver, and Adams Counties. As part of its conveyance, Denver Water will reserve the right to continue to use the canal for water works purposes, and it will protect the property's conservation values through a conservation easement granted to the Conservancy. During the transition period through December 31, 2026, Denver Water will perform certain maintenance work to elevate the condition of the property, and Arapahoe County will begin to take over property management responsibilities from Denver Water. Closing on the acquisition is scheduled for June 13, 2024.

By the time of this study session on June 10, 2024, we expect to have finalized the terms of the conservation easement in cooperation with the Conservancy, Denver Water, and the City and County of Denver. The conservation easement will be recorded in Arapahoe, Denver, and Adams Counties prior to the property conveyance; the latest draft is attached. BOCC approval of the conservation easement is not required because Arapahoe County will automatically succeed as the landowner under the terms of the conservation easement once it takes ownership of the...

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