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• <br /> • Colorado. The project was recommended by the Board and author- <br /> ized by the 1983 legislature in the amount of $1, 781, 000. <br /> (Appendix I attached. ) <br /> In his discussion of this item Mr. McDonald pointed out that <br /> subdivision development proposals in the vicinity had changed <br /> since authorization of the project. The feasibility study indi- <br /> cated that the closest subdivision development would be about <br /> 600 to 800 feet from the water ' s edge. However, recent inspec- <br /> tions of the site indicate that a subdivision is being developed <br /> adjacent to the proposed enlargement of the reservoir pool. <br /> Mr. McDonald stated that it appears that property ownership <br /> and land use issues at Harper Reservoir are similar to Stagecoach <br /> Reservoir. In 1983, the legislature approved the Stagecoach <br /> project on condition that a site development plan addressing the <br /> increase in value of lands in the vicinity of the project be <br /> developed by the Board and presented to the General Assembly for <br /> approval prior to construction. Mr. McDonald recommended that <br /> this matter be brought to the General Assembly ' s attention for <br /> such action as it deems appropriate. <br /> Chairman Vandemoer asked Mr. Don Wurl, City Administrator, <br /> City of Louisville, for his comments . In his remarks, Mr. Wurl <br /> pointed out that the Harper Reservoir project differs from the <br /> Stagecoach project in that the area under discussion was included <br /> • in the city ' s Comprehensive Land Use Plan adopted in 1973, which <br /> plan included subdivision development. <br /> Following further discussion by Board members, Mr. Johnston <br /> moved, seconded by Mr. Furneaux, that the staff proceed with <br /> finalization of the contract with the city so construction can <br /> proceed and that the question not be presented to the General <br /> Assembly. Motion adopted by majority vote. (Mr. Robbins ab- <br /> stained because he represents the city on water rights matters . ) <br /> Agenda Item 15 - Review of Ridges Metro District Contract <br /> Mr. McDonald discussed this item from the standpoint of <br /> problems encountered by district during construction, the <br /> Attorney General ' s questions on the validity of the amended con- <br /> tract with the District, the District' s inability to meet repay- <br /> ment obligations and the source of district revenues to repay its <br /> indebtedness. <br /> Because of the legal problems involved in this matter Mr. <br /> McDonald recommended that this item be discussed further in an <br /> executive session during breakfast on January 6. Mr. Woodard <br /> advised that an executive session would be appropriate. <br /> Mr. Furneaux moved, seconded by Mr. Smith, that this item be <br /> considered in executive session. Motion approved unanimously. <br /> • <br /> -15- <br />