Forty-acre annexation passes first reading in Breck |

Forty-acre annexation passes first reading in Breck

summit daily news
Summit County, CO Colorado

BRECKENRIDGE ” Breckenridge Town Council recently passed the first reading of an ordinance that would annex about 40 acres near the Town’s Block 11/McCain property along Highway 9.

Throughout the year leading up to the ordinance, the council has reviewed plans for this Stan Miller property where construction operations have been housed for about 35 years. The proposal includes 100 permanently deed restricted affordable units and 55 market units on the 42.7-acre parcel that has about two acres already within town limits, according to a memo to the Town council.

The affordable units may include a variety of housing types, rental and for sale, and one, two and three bedroom fully furnished units. The first phase that would likely begin in 2009 would include 17 of the affordable units and 19 market units completed by 2015. The second phase, with construction beginning in 2016, would include 83 deed restricted units and 33 market units.

Overall, the development would be gradually phased throughout about 18 years as the construction operations on part of the property wind down.

Also, part of the proposed project includes public benefits such as the reclamation and restoration of the portion of the Blue River running along the west edge of the property and four parks that would be placed on three acres with easements for river access.

“This is going to be a great annexation to the Town,” said Mayor Ernie Blake during Tuesday’s worksession.

A public hearing about the annexation was held in October and the annexation petition has met the Town’s requirements, said Town staff at this week’s meeting. The next step will be an annexation agreement drafted for the council’s consideration at the beginning of January, according to a memo to the Town Council.

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