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<br />development over the next two years. The IGA, if approved by all three entities, would result in an <br />agreement to grant an option to purchase a right-of-way for the Northwest Parkway through the <br />exiting County open space, as well as on the Archdiocese ground and another parcel. <br /> <br />Mayer asked why Louisville, without something in written form, should trust Broomfield when they <br />had already proven themselves untrustworthy. He wondered how important this IGA is to <br />Broomfield when they did not extend the IGA when it expired. He stated that given the contention <br />over the Northwest Parkway over the years, having the city be a sponsor, he felt it was ill-advised. <br />He had been told by one Broomfield Council member, in no uncertain terms, that they were going <br />to "ram the road through Louisville whether Louisville liked it or not." He did not know why <br />Louisville would want to participate. He pointed out that in the 1991 study on airport access done <br />by Transplant, making a projection in 2010, the parts of the parkway, in traffic along the 128 portion <br />of the Northwest Parkway, if built, was approximately 8,000 cars/day which only requires a two lane <br />road. The idea that you need a beltway from E470 to Golden, the study stated that this road will not <br />function as a beltway. On the airport access the study showed that the benefits for getting to the <br />airport would be fairly modest. <br /> <br />Lathrop wanted a summary of Boulder County's position as Oglesby understands it. <br /> <br />Oglesby stated that Boulder County is willing to cooperate with the city to purchase open space on <br />the Archdiocese property and work with the city to have Broomfield purchase the right-of-way for <br />the parkway. There are two other parcels west of the Archdiocese and in the agreement the County <br />stated that they will within six months pursue purchase of the ground by the County, then allow <br />Broomfield and Lafayette to purchase the right-of-way out of that open space for the Northwest <br />Parkway. Concerning the existing County open space along 120th Street proceeding west to the <br />railroad tracks, the commissioners had approved an option to purchase whereby the City of Lafayette <br />or the City of Broomfield would purchase right-of-way for the Northwest Parkway. <br /> <br />Lathrop was in favor of a feasibility study. <br /> <br />Sisk wanted the benefits of the Northwest Parkway. He saw this as a W -470 reincarnated, which he <br />did not want. He encouraged the parties to find a way to work together, but he did not want to <br />commit to spending $500,000 with the limitations he saw before them. <br /> <br />Davidson asked if Broomfield, as the primary sponsor of the study, had given any thought to how <br />they would pay for the $250 - $300 million dollar expansion. <br /> <br />Oglesby stated that it probably would be phased. <br /> <br />Mayer pointed out that the 1986 DRCOG and the 1987 W-470 studies made the point that the <br />eventual amount of commercial and retail activity in the northwest quadrant, as a whole, would not <br />be altered by building W-470 and subsequently the Northwest Parkway. He did not see the parkway <br />as serving or essential to Louisville's economic benefit. <br /> <br />3 <br />