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City Council Agenda and Packet 1994 05 17
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City Council Agenda and Packet 1994 05 17
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3/11/2021 1:47:06 PM
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City Council Records
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City Council Packet
Signed Date
5/17/1994
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CCAGPKT 1994 05 17
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sung� a9r�ad- <br /> 31sk wand�r�d Who Ea�tcor Caw�p�ny was and it thQy own�d th� <br /> prop�irty. <br /> Tf�� Hadjis� �estcor Co�pany, atat�d that it is a devQlopw�nt <br /> co�apany �rith th� own�rs ot th• prop�rty b�in9 l4cCa�lin Liv,tt.a <br /> Liability Coo�pany, • differ�nt co�pany. H�a�is i� part o! that <br /> cowpany. <br /> Sisk wo�der�d Mh�t th• ca�� paywent in--liou-oE d�dl�eti�crn a�wunt <br /> wpuld Dv. <br /> �ledji� had not celcuZeted th• �mount. H� staL� that t�� <br /> �1r►r►�xation 1►gse�+as�t atater that th� cash-in-ri�u ot v+Sll !as p�r <br /> th�r property velu• based prior to annexatioa, 1985. Had�is rtatad <br /> that th• 1985 value wAr� abo�t �SO.Q00. <br /> Sisk stated thn� in his readinq of th• Agreemant ft say� t�w ��� <br /> (eppraxiroately ;6,400) woul�d D� psid at thv ti�w and ii ��ean't b��n <br /> paid. Slsk preferrud to hev• the land. <br /> Bob Young, 7$71 Left Har�d Canyon Dx�va, Ja�o��toan, Colorauiw, steG�d <br /> that s�ince th• p�yment �� to b� at the t,lm� o� subdiv��.�on, th� <br /> �;�±nt waLl� �4 mado noa, based on tht ior�ule d�t�xbein�d in th� <br /> enne�xatian aqraesant. <br /> Siak quesiinnod e• to whether th� Aqreea�ant wa� v�lid in terr� af <br /> what the enn�xar W�s eupposed to do. ii� +rant�►d tiho tyo prof�cts in <br /> foree, Chil,dren'a World end I.ri�ayette Stat• 8ank, to qet goin�. Hf <br /> did noC fael the dev�laper i• being fair to th� City ttak� �6,OD� <br /> for 3faur op�n �pace and tak4 a hikd). <br /> Younq ststed thet in edditton to tl►• ca:.h�in-11.au, tn� d�velopQr !s <br /> providi.nq e�ett-turn lane, all af the recovQry for aator end <br /> sawor, alt ot tha reCOv'ery, inr:.luci�nq heli o! =h• med�ien, tor Lhf <br /> improvomont� fn McCaslin Boulevard, constr�ctinq 1�G� o� khQ fu�l <br /> width ot Century Driv�, p�ovlding about twice th� op�n sGa4• <br /> etraet�capinq requirod, e� prfvate stre4t acroo• th�ir pr��cty !ar <br /> the cc�nven�,enc� at th� n�ighbor, and a eneom�nt to thst extent - N� <br /> srated that. th• d�v�Iopor !� eskinq theC th� Ci�y honox th� 1985 <br /> Ayreement and th� City mak� a rea�onable altort for cost reco��ty <br /> Lar Lh� 4�velap�� in the �vent thet th• ad�ac�nt properti�,�, that <br /> er� ban�lLting iro� th�s� impro�eswnL+t, do d�volop. <br /> Sisk a��k�d it thelr poeition wae that ths Z98S Agzeea�e^t is in f�ll <br /> fores and ntf��t7 <br /> Younq was awar� a! nothtnq that would hav• emonded thw 1985 <br /> AgraQmant. <br /> 8 <br />
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