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<br />'. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />F1;tft{)~s pur~t.ase approved <br />CD boat:d's vote angers Boulder ' <br /> <br />By Mike McPhee <br />Denver Post Staff Writer <br />COLORADO SPRINGS - De- <br />spite last.minute pleas and even <br />threats of condemnation by the <br />city of Boulder, the University of <br />Colorado regents voted yesterday <br />to purchase the 308.acre Flatirons <br />property for expansion of the Bonl- <br />der campus into the next century. <br />A phalanx of lawyers will imme- <br />diately begin working on the $11 <br />million purchase, with the closing <br />expected in less than 10 days, said <br />CU.Boulder Chancellor Rod Park, <br />who orchestrated the purchase. <br />In a surprise move, Park also <br />persuaded the regents to lease 13.5 <br />'acres in the university's research <br />park east of the main campus to <br />the proposed Women of The West <br />Museum, which originally was to, <br />have been located on 20 acres on <br />the Flatirons property. Museum of. <br />ficials said the change would speed <br />the project's construction. <br />. Boulder city' officials said .they <br />were disappointed with the Flat. <br />irons purchase and would not rule <br />out a legal challenge or,even an at. <br />tempt to condemn. the property. <br />"There are some serious envi- <br />ronmental issues here that have <br />not been given enough attention," <br />said Mayor Leslie Durgin. "I was <br />surprised that the vote was so <br />overwhelming, particularly with <br />the regents from Boulde" Certain. <br />ly the city council will talk about <br /> <br />i <br /> <br />any legal challenges and possibly divert groundwater away from a <br />condemnation. However, I'm hop- gravel mine on the property is not <br />ing that the city and the university legal and that the'maps used to de. <br />can work together on this." lineate the floodplain are inaccu. , <br />Th);"c"le was unanimous. rate. Any work on the berm could ' <br />E ,COunty Commissioner Paul Dan. affect land downstream, making . <br />ish said he was "highly disappoint- the berm's owner liable. <br />ed" by the vote. "I really think the The county commissioners have <br />state ~ould investigate this action begun hearings into possible illegal <br />of whether the regents exercised grading on the site. The university. <br />their fiduciary responsibility prop- also faces the issue o( locating pub. <br />erly. They paid about four..times lie buildings in the path of a flood <br />too much for the land. should Gross Dam on Barker Res. <br />"It will create major environ. ervoir near Nederland fail. <br />mental problems for the city if CU Park said the Flatirons Co. will <br />builds on it, and major problems be held accountable for restoring <br />for the university as well," Danish the gravel quarry to its natural <br />said. "I think the people of Boulder state and having the berm certi- <br />would be well advised to move for. fied. The company also must guar. ' <br />ward with their tax initiative: Per. antee the number of buildable <br />haps that could be interpreted as a acres! and, should that number <br />mandate by the people." . come up short, must reimburse the <br />Initiative 205 on thi November univef$ity $20,000 per acre. To en. <br />. ballot asks city voteJt>for a 0.1 . sure this, the university will es- <br />percentsales tax increase)o buy crow $1.2 million of the purchase <br />the Flatirons property and another money. Flatirons has three years <br />.piece of land in unincorporated to co~ply. <br />Boulder County. CU ,President John Buechner <br />The ~eller, Flatirons Corp., had. said the founders of the Women of <br />the lanctappraised at $16.4 million. The West Museum asked to have it <br />The university paid $11 million for moved. The museum was to have <br />the land and Flatirons President paid a nominal $10 in rent for 20 <br />Larry Frey saying he would donate acres \Ill the Flatirons Property. <br />the. $5.4 million difference as a tax At the Research Park, it will pay <br />wrIte-off. Frey bought the property market rent of more than $4 mil. <br />for $250,000 in 1981. The city reo lion, with the first four years rent- <br />centIy had the land appraised at a free. Founder Jan Butcher said the <br />maximum of $9.2 million. trade.off was worth it because of <br />Although it claims. it has no the costs in developing the Flat. <br />plans to develop the 'property for irons property. "The research park <br />the next 10 to 15 years, other than is annexed, zoned and has utilities. <br />perhaps to iet Ralphie, the buffalo Plus we can get a building permit <br />mascot, graze and breed, the uni. from CU right away, without the <br />versity faces a myriad of legal hassles of going through the city," <br />snags involving the property. she said. <br />The Federal Emergency Man. A $40 million. capital fund.rais. <br />agement Administration, which ing campaign will begin immedi. <br />must certify floodplains before in. ately, she said, with plans to have. <br />surance can be issued, has said that the 100,000.square-foot museum r <br />a dll"t berm on the property used to open in three to five years. . <br />