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result of an agreement that was entered into by Boulder County, <br />City of Lafayette, and the City of Louisville several years ago, <br />wherein the three different entities committed to hold this <br />property for the purpose of open space and that anytime it would be <br />purchased, all three parties would have to be in agreement for its <br />use. She stated that there has been an offer on behalf of the <br />three parties to the Lastoka land holders to purchase this property <br />at $11,000.00/acre for use as open space. It is still in the <br />discussion stage, as to what would happen to the land after it was <br />purchased. She commented that Louisville's interest in its portion <br />would be for a ball field complex, roughly in the vacinity of <br />Miner's Field (across the street). She explained that the <br />attorney's representing the three entities have been meeting to <br />work out some details and a draft of that contract will come back <br />to the two Councils and the County Commissioners for discussion and <br />a public hearing before a final decision is made. <br /> <br />Davidson opened the Public Hearing. <br /> <br />Ei].een Schmidt, 1309 Jefferson, Louisville, CO, felt that it would <br />be a mistake to join Boulder County and Lafayette in the purchase <br />of the Lastoka property for open space. She stated that if <br />Louisville were to purchase this property outright the cost to the <br />City would be minimal, because this corner is the only space left <br />in the northeast section of Louisville for development. There <br />would still be some designated open space to serve as a buffer zone <br />between Lafayette and Louisville. She believed that it's time to <br />take action to benefit Louisville, rather than listen to the <br />dictates of Boulder County. She stated that Louisville has already <br />lost one very valuable parcel of land to Lafayette and Lafayette <br />almost surrounds Louisville. She urged that the City acquire the <br />Lastoka property, believing it to be a very beneficial investment <br />in the future of Louisville. <br /> <br />Dave Ferguson, 100 Aline Street, Louisville, CO, was opposed to a <br />joint annexation of the Lastoka/Harney property. He explained that <br />this property is contiguous to Louisville on three sides and should <br />be an integral part of the commercial developments that exist on <br />the three sides of said property. He stated that the history of <br />this property and its residents has always been associated with <br />Louisville. He explained that he is also opposed, because there <br />are 66 shares of Davidson Ditch water that goes along with the <br />deal, the property is an integral part of an already developed <br />commercial area, which should be utilized for commercial and a <br />buffer zone between Louisville and Lafayette, and Louisville has <br />the money to purchase the property outright. He explained that <br />Lafayette wants this area designated as open space, because any <br />further commercial development interferes with existing Lafayette <br />businesses already located along South Boulder Road. He stated <br />that the Boulder County Commissioners want this area designated as <br />open space. He explained that in his opinion the Commissioners are <br />really pawns of Boulder proper and Boulder is vehemently opposed to <br /> <br />11 <br /> <br /> <br />