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Phare explained that the value of the water rights <br /> is in the neighborhood of $300,000 and has a <br /> historical yield of over 300 acre feet of water. <br /> The closing of this purchase represents a major <br /> water right acquisition for the City. <br /> Mayor Tauson moved that Council approve the Marshall <br /> Lake and South Boulder and Coal Creek Water Rights <br /> Purchase Contract. Mohr seconded. Unanimous. <br /> PUBLIC COMMENTS Elizabeth Nick, 174 So. Hoover Ave., asked when <br /> Council took action on the alignment of the W-470 <br /> project and how each member voted. <br /> Mayor Fauson stated that Council did not specify at <br /> their last Council Meeting any definite route and <br /> the two routes were agreeable to Council. Mayor <br /> Fauson stated that Council allowed Councilman Mohr, <br /> W-470 Task Force Representative, to present the <br /> concerns that citizens of Louisville had at the <br /> public meeting. <br /> Mohr stated that the discussion at the public <br /> hearing in Louisville clearly indicated that Council <br /> was in favor of W-470 end that :. :.a.ition ;.wt <br /> iaiiicy of alignment be maintain to see what other <br /> jurisdictions were advising. "The obvious situation <br /> at the meeting on Tuesday (W-470 Task Force advisory <br /> meeting to DRCOG) with the exception of Arvada and <br /> Superior, the other entities wish, at least at this <br /> time, to make the primary route be east of Rocky <br /> Flats and northwest of StorageTek. So in that con- <br /> text, we voted with that majority.. <br /> Ms. Nick asked if there had been a formal vote by <br /> Council. <br /> Mayor Fauson stated that there was not a formal vote <br /> by Council. <br /> COUNCIL COMMENTS AND COMMITTEE <br /> REPORTS Mohr stated that the BVPS Bond Election is December <br /> 8 wherein voters will decide on a bond issue of <br /> which 40% will be favorably impacting Louisville's <br /> elementary, middle and high schools and asked that <br /> resident* get out and vote. <br /> Sackett stated that he would be attending both the <br /> Program Committee and the Board of Directors <br /> meetings of DRCOG wherein the setter of the W-470 <br /> alignment will be discussed. Sackett stated that <br /> "when we (Louisville) attend these various <br /> assignments that it is our option to view the data <br /> that is presented at time and vote in accordance <br /> with what we think is beat for Louisville. I have <br /> 7 <br />