PERMFILE108441 - Laserfiche WebLink

Home Browse Search

' JAMES S. MUNN LAWYER 1201 THIRp AVENUE. SUITE 190(1 SEATTLE WASHINGTON 98101 1206) 623351 5 ' March 23, 1992 1 Boulder County Land Use Departrnent Administration Services Building ' 2040 - 14th St. Boulder, CO 80302 Attn: Robert Helmick, Zoning Administrator ' Operational/Zoning Division ' Re: Gold Hill Mill (Colina Oro Molino, Inc./Homestate, Inc.) Gentlemen: The history of ownership in Gold Hill Mill by Colina Oro Molino, Inc. (COM, Inc.) commences about 1983 with investment of financial ' resources by Richard Fraser and Gwendolyn Fraser (Fraser) in what came to be called the Gold Hill Project being promoted and developed by Charles Steen, Sr. and M. L. Steen, his wife. ' While assembly, acquisition and Steen ownership of patented and unpatented mining claims ante-dated Fraser involvement by a substantial number of years, this prior history is of little significance ' toward understanding the current proprietary interest. In early 1983, members of the Steen family commenced forma- , lion of a Utah corporation named Mi Vida Enterprises, Inc. (Mi Vida). Approximately concurrent with corporation formation, incorporators authorized entering into a venture partnership with a Canadian enter- ' prise named Cosmos Resources, Inc. (Cosmos), which co-venture was to be called Gold Hill Ventures. The Gold Hill property originally designated to Gold Hill Ventures was the Cash Mine group of claims. While Mi Vida, in its corporate form, was identified as co- venture partner with Cosmos in Gold Hill Ventures, completion of the ' corporate formation of Mi Vida did not take place until 1987. During the interim from 1983 toward 1987, Fraser financial contribution to the Steen enterprises at Gold Hill grew substantially as ' Cosmos financial support to Gold Hill Ventures declined and termin- ated.