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Lathrop asked whether the area would include any horse farms or outbuildings. <br />Blackwood replied that it would not. <br /> <br />Sisk asked how the water for the pond would be provided and questioned whether the <br />pond would become stagnant. <br /> <br />Blackwood replied that there is an existing pond there now and it contains fresh water. <br /> <br />Sisk reported that the football field at Monarch Campus could be lighted as soon as next <br />year, tennis courts will be added, etc. He suggested that the Bowes family request the <br />conceptual plans for the Monarch Campus from Dr. Bill Johnson, principal of Monarch <br />High School, in order to determine the impacts of the Campus' five to ten-year build out. <br />He explained that this would ensure that future property owners are made aware of any <br />potential impacts. <br /> <br />Blackwood agreed to obtain the current plans. <br /> <br />Sisk requested that the streets be property maintained and asked whether the streets <br />would be dedicated. <br /> <br />Blackwood replied that they intend for the streets to be dedicated and have been meeting <br />with Tom Phare, Public Works Director, regarding dedicated streets. <br /> <br />Sisk stated that in Blackwood's letter dated October 12, 1999, the statement was made <br />that Mr. Bowes sold the 88th Street property to the City of Louisville for a nominal fee. <br />He questioned how $27,000 per acre could be considered a 'nominal fee.' <br /> <br />Simmons replied that the City paid approximately $28,000 an acre. <br /> <br />Sisk asked Blackwood for confirmation that this was the 'nominal fee' that her letter was <br />referring to. <br /> <br />Blackwood replied, yes. <br /> <br />Davidson stated that the City of Louisville paid an amount substantially above the <br />appraised value of the land, therefore, it was not a 'nominal fee' and the City of <br />Louisville owns it. He asked Wood how many acres of land is actually under <br />consideration, including the Dillon Road area but excluding the City-owned land. <br /> <br />Wood replied that the legal description, excluding the right-of-way and Parcel 3, depicts <br />77.87 acres, yielding 19.46 development units. <br /> <br />Blackwood replied that her records indicate 80.012 acres. <br /> <br />Wood stated that 80.012 acres is not consistent with the legal description. <br /> <br /> <br />