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City Council Minutes 1992 02 04
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City Council Minutes 1992 02 04
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Last modified
3/11/2021 2:31:34 PM
Creation date
7/28/2005 11:09:55 AM
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City Council Records
Doc Type
City Council Minutes
Signed Date
2/4/1992
Original Hardcopy Storage
2E3
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CCMIN 1992 02 04
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Hornbostel: <br /> <br />Lathrop: <br /> <br />Howard: <br /> <br />Sisk: <br /> <br />I'm not going to buy this. If we do <br />this, it has to be with the idea of <br />protecting the corridor along <br />Colorado 42 which has been <br />designated open space. <br /> <br />If Council sets the precedent for <br />giving away that corner, then <br />Council has set the precedent for <br />marching all the way down Highway <br />42. I don't want to see that strip <br />developed. It's a visual open space <br />and it's a clear delineation between <br />Lafayette and Louisville. <br /> <br />The agreement, itself, has a key <br />clause in it which states that the <br />owners have a right to request <br />annexation for some form of <br />development. It says, in such <br />cases, it will be the responsibility <br />of the County and the Cities to make <br />decisions with regard to the <br />possible acquisition of an interest <br />in such lands, in a timely manner. <br />Given that, I don't think we can <br />afford to buy the property. I would <br />look at this piece of property as <br />desirable to be open space but not <br />very practical. <br /> <br />Boulder County and the City of <br />Lafayette are working together with <br />the City of Louisville to find a <br />package of open space acquisition. <br />Because Louisville can't buy it does <br />not mean that other entities would <br />not. If a reasonable retail <br />proposal were brought before the <br />City of Louisville, one that could <br />generate enough capital to be worth <br />while, and Council went to the <br />people, then, I would not be <br />adverse. I share Councilman Mayer <br />and Councilman Lathrop's concerns <br />about sharing the revenue generated <br />with other cities. <br /> <br />I would favor looking at a portion <br />of the property as a retail <br />potential generating device that <br />would enable us to get the open <br /> <br />8 <br /> <br /> <br />
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