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City Council <br />Meeting Minutes <br />August 15, 2017 <br />Page 4 of 13 <br />Louisville will also obtain from the owner a right of refusal affecting the "Centennial <br />House Lot." Under this agreement, the City would have the second right to purchase the <br />lot if Leannah Mayhoffer Baron chooses not to exercise a first right to acquire the lot. <br />The acquisition includes the mineral rights under the entire 200 acres. The transaction <br />would prohibit mineral extraction on the property. After the purchase, the County will <br />manage the open space on behalf of the three parties <br />Staff recommends the approval of the ordinance and granting the Mayor the authority to <br />execute the IGA on behalf of the City Council and further to negotiate revisions to the <br />IGA as the Mayor determines necessary or in the best interests of the City or <br />appropriate to effect the closing on the property. <br />Interim City Manager Balser thanked Boulder County staff, the Mayhoffer Family, <br />Attorney Light, and the Public Works staff for their work on this. <br />Mayor Muckle asked for Public Comments. <br />Jean Morgan, 1301 Spruce Street, urged a yes vote for this purchase to maintain this as <br />a great entrance to Louisville from the East <br />John Leary, 1116 Lafarge Avenue, stated many others need to be thanked for this <br />purchase as it completes the buffer with Lafayette. He reviewed some of the history of <br />the property including attempts to rezone many properties for residential building that <br />are now open space He noted the legal issues and history of open space discussions <br />in the 1970s and 1980s and the long-term resident support for the purchase/annexation <br />of open space around Louisville <br />Matt Jones, 265 Dahlia Drive, stated this is a great purchase, it is a buffer, it is <br />agnculture land, and is a riparian area on the Coal Creek Corndor. He noted the <br />conservation easement does not say anything about restoration of the creek corndor. <br />He would recommend adding that to the conservation easement if possible. <br />Interim City Manager Balser noted Boulder County has already approved the IGA and <br />Lafayette is considering it this evening <br />Mayor Pro Tem Lipton noted the Open Space Board is genuinely excited by this <br />purchase. It will be a crown jewel in our open space lands. He thanked Boulder County <br />and Lafayette for their work and collaboration He congratulated staff for this purchase <br />He thanked the Mayhoffer family for their willingness to support this agreement. <br />Councilmember Stolzmann thanked the citizens of Louisville, Lafayette and Boulder <br />County for their continued support of open space and their willingness to tax themselves <br />for purchases like this. She also thanked the Mayhoffers for their stewardship of the <br />