Annexation request delayed again
SILVERTHORNE – The Silverthorne town council held virtually no discussion before it voted to wait six more months until it decides whether to annex 355 acres of Maryland Creek Ranch into the town.Tom Everist, owner of the ranch, has proposed developing about one-third of his 1,053 acres located just northwest of Silverthorne, adjacent to the Raven at Three Peaks Golf Club.His vision includes 70 homesites, ranging from .68 acres to seven acres, a 20-acre park, two lakes framing Highway 9, access to National Forest lands and 2.25 miles of all-purpose and soft surface trails.Another amenity would be a “Welcome to Silverthorne” sign to be built on the north entrance of town. If approved, the annexation would allow Everist to build one unit per every five acres, as opposed to one unit per 17.5 acres, which is the density allowed under the county’s current zoning.Everist’s original annexation request, which the council tabled in July 2004, asked that 350 acres be annexed into Silverthorne.
He has amended his request to reflect 355 acres so the overall density of the project meets the rural residential standard, which is how the site is expected to be developed.Everist will use the extra six months to proceed with the land use review process.On Tuesday night, Everist and his eight-member development team held a community meeting, which is required by the town as part of the project’s planned unit development (PUD) process.Colorful poster boards of the future development decorated the Maryland Creek Ranch’s Silverthorne office, and people involved in the project milled around answering questions to the 70 or so visitors who stopped by.Bob Detrick, the project’s lawyer, said the town should have adequate motivation to approve the annexation.For instance, the annexed density would allow developers to cluster the homes in one area, preserving open space and keeping the view of the Gore Range in tact.Without a property tax, Silverthorne relies almost solely on its sales tax for revenue, and annexation would require the town to provide maintenance services to the development.
“The goal is not to be a drain on (the town) at all; in fact, we may even add more to your coffer,” Detrick said.Lot purchasers will have to pay a real estate transfer assessment, which will help defray any costs to the town. “This is a positive project,” Everist promised. “It won’t cost anybody anything.”Everist said he has “very senior water rights” on the property and will dedicate the appropriate amount for the development.It’s too early to tell how much the lots will sell for, but they will likely be high-end.”Three Peaks (at the Raven Golf Course) is raising the market for Silverthorne right now,” said Joanna Hopkins, who works out of the Silverthorne office.She cited homes in that subdivision that are selling for upwards of $2 million.
Everist, who owns sand and gravel business, bought the land in 1995 for gravel extraction.Currently, Everist Material’s mining operations occupies 220 acres of the property.The council approved the project’s sketch plans back in October.A public hearing on the preliminary plans will be held next month.Everist said, the very earliest he would be ready to sell lots would be the summer of 2006.Nicole Formosa can be reached at (970) 668-3998, ext. 229, or at email@example.com
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