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City Council Agenda and Packet 1993 03 02
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City Council Agenda and Packet 1993 03 02
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3/11/2021 1:47:05 PM
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1/15/2010 2:35:22 PM
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City Council Records
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City Council Packet
Signed Date
3/2/1993
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CCAGPKT 1993 03 02
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own�Q Iand and •croa� t1� aurr�nt <br /> ricya3,inq +xrop ot�t p�tnt. <br /> P1u►x�t Th�t wnuld put a driv�-vay pr�t� <br /> clor� to ar int�rr�ctiQrr rith <br /> anoth�t �ntarswctian that's • <br /> ru�i*tiv�iy �hott dist�rtc� avay. ]1 <br /> tQUr-p�,s�c ball li�ld v�uld qsn�zet• <br /> a tair �aount ot tra�tic durinq a <br /> v�y �hort p�siad ot tf�. <br /> Jo?►� Kayh4!l�r, 10014 �mpi,ri Driv�, �,a�'ay�tt�, colarado. <br /> M+ayhott'�rx In vi�vir�q thSs drainaq� proj��t, I <br /> w�t to po f,nt out to th� C ity <br /> �t�unoil that M�'r� in a positian, <br /> Mh�r� v�'x� b�inq cut up by th��� <br /> public authariti,�� �vsry t��oa w� <br /> turn around. w�'r� aZ�a und�r <br /> abliqi��on to ths xnt�rnal RsvRnu� <br /> s�rvic� to pwy $2,1 �fll�or in <br /> tr�st�r �a�c �and v�"re und�r a t�►x <br /> li�n at tt�ia po�int. W�'r� und4r th� <br /> �03�l1 Cad� •�►ct�on ot th� Int�rn#1 <br /> S�rvic�, rhich r�quir�s u� ta �tay <br /> in bu4in�a• for l0 y�a►rs, wh�.ch put�s <br /> us und�r an obliqatian that, tt w� <br /> co� out un�conaa,�c�,Ily snc� csn't <br /> c�ontlnua to ap�rat� •� a �ar�inq <br /> busin�s�, ut� ar� ,�ub��at to a <br /> r�c�ptur�d tax plus 1�izt�xt�t. Thr <br /> �racaptursd tax on thi� prop�rtY <br /> airourit■ to about $1,1p0,0o/acr�r p�u� <br /> itrt�r���, whir_!� up unt:.l now haa <br /> b.�n b�tt�r than 9�. Thiw s�sn� <br /> th�t altast at tri� ti=� that th� <br /> capturrd t�►x qars in it vi.Zl <br /> p�abably ba do►.�1• $X,1�0. 00; acr�. <br /> Th� at�arniy� that rr�v* b�wn <br /> di�cusainq C.his with say th�►t at an�t <br /> point, wh�n th� tw�inq o! th� <br /> propsrty put u�r in a un�cona�ica� <br /> po�ition Chat �r� can'� •xist any3aar� <br /> a• � busi��s�, th�A th� r�captar�d <br /> b�coau s liabi�.tty that i� � da�aqr <br /> to u�. wr think �hat th� <br /> authoriti�� tha�t cau in •nd t�►lu <br /> our land will b�co�� ].iabii for. x <br /> can assur� you that v� �ri�.� tatkr <br /> th�.s to th� Aiqh��t Cour�t that r►r <br /> �an. In th� hi��asy o! Loyisvi�.l�, <br /> M�yho�tsrs ?uvr� donat�d land. Th� <br /> ].4 <br />
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