City Council Minutes 1983 06 21 - Laserfiche WebLink

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JOHN WASCHAK FORMER MAYOR OF LOUISVILLE ALAN SCHIMPFF, 240 South Jefferson Ave. 6/21/83 Page -8- Stated as a former Mayor was very interested in what takes place in the City. Mr. Warem- bourg had contacted the City when he was Mayor requesting annexation, but at that time did not proceed with it. Stated there were significant water rights connected with the property and estimated prices of 1 Jshare of South Boulder Creek water at $45,000 - $50,000; 2 shares of Marshall water @ $7,000 = $14,000; also there are 260+ shares of Goodhue Ditch water @ $600.00 per share = $156,000, totalling approximate $215,000. Felt it would be very beneficial to the City if they adopted Ordinance #791 in terms of water rights as well as the 12% land dedication for parks and open space. Urged councilmembers to approve the Warembourg annexation - Ordinance 1/:791. Felt it was a worthwhile project, was within the urban services area and would appreciate approval. Was speaking as a homeowner of a Medema home and as a realtor selling homes in all the various subdivisisons. Wished to commend Medema and felt they were the type developer we would like to see in Louisville. The transactions and dealings he had had with them were superla- tive; they treat the customers as well as any developer he had ever dealt with. The properties in the subdivision currently are doing extremely well in terms of appreciation - the first ones that are now up for sale. It was his opinion as he se11s real estate in the area and he compares Medema's work with other subdivisions, there are many little extras that they have provided which are a tremendous benefit to not just the subdivision and Louisville but to the homeowners who are seeking the best in- vestment. The landscaping alone was a trem- endous benefit of great value in another sub- division yet maybe the homeowners in the sur- rounding homes could not afford the landscaping. Therefore, it has been holding down the property value. Stated he would like to see all developert do this, as first time home buyers are really strapped for cash right after they close on their home. Felt that this was one of the things that would help Medema Homes have a good resale value. Reitered their treatment of the homeowners in the transactions was ex- tremely fair - were very liberal with the purchasing homes-with the real estate community at large; therefore would like to see them continue building in this area and continue to work with them. Would be happy to answer