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<br />".1, <br /> <br /> <br /> <br /> <br />right of refusal" clause be removed. Coal <br />Creek Cemetery feels that this would allow <br />them a better opportunity to sell the ceme- <br />tery if an offer should arise. <br /> <br /> <br />Griffiths: First right of refusal clause allows the City <br />the option of making a counter offer within <br />thirty days from an official offer on the <br />purchase of the Coal Creek Cemetery. <br /> <br /> <br />Howard: Felt that it would be in the best interest of <br />the City that we make no changes to the <br />agreement at this time. Since no official <br />offer had been made to the City's knowledge <br />and that the City is not at this time in the <br />market to purchase the cemetery. <br /> <br />Mayor Fauson moved that the Council make no changes to the agree- <br />ment between itself and Coal Creek Cemetery at this time. All in <br />favor. <br /> <br />DUE TO MECHANICAL PROBLEMS WITH THE RECORDING SYSTEM NOT ALL <br />INFORMATION COULD BE HEARD. <br /> <br />DISCUSSION/MOTION - ESMAIL PROPERTY PURCHASE <br /> <br />Franklin: Franklin explained that the Boulder County <br />Parks and Open Space Department has asked the <br />City of Louisville if it desires to acquire <br />the 36 acre Esmail property located east of <br />the Louisville Cemetery. This inquiry is <br />part of the procedure defined in the 1985 <br />IGA. Under the terms of the agreement; the <br />several properties identified as potential <br />open space buffers shall first be considered <br />for acquisition by Louisville, Lafayette or <br />Boulder County before annexation or develop- <br />ment is approved. If acquisition is not <br />possible or desirable then the property could <br />be considered for annexation and development. <br /> <br />Lafayette would prefer to jointly acquire the <br />property for open space, but is willing to <br />annex Esmail property for low density resi- <br />dential development if Louisville and/or the <br />county decline to participate. By agreement, <br />Boulder County will participate with the two <br />cities in acquisition. Louisville and Lafay- <br />ette would each pay 25% of the negotiated <br />price and Boulder County would pay 50%. <br />Property values vary widely, but if the <br />purchase price of the property were, for <br />example $5,000 per acre Louisville's share <br /> <br /> <br />4 <br />