Local man disgruntled with town’s settlement
SILVERTHORNE – Not everyone is happy with the town of Silverthorne’s recent settlement. Longtime Silverthorne area resident Eli Robertson, who once served on the town board, said the settlement should serve as a lesson to the town.
An annexation, rezoning and conveyance of property approved Wednesday brings to a close a long-standing dispute over land deals made in 1997 when the town tried to entice a Wal-Mart Supercenter.
In the original suit, Silverthorne resident Bob Wyler and his associates sought $15 million in damages, alleging profits unrealized because of lost business opportunities. But in the settlement, the town won’t pay Wyler any cash. Instead, it will rezone a portion of Wyler’s land near the county fairgrounds, sell 7 acres of town-owned land to Wyler for $50,000 and allow Wyler to mitigate wetlands impacts on town-owned property.
“This is an example of the town trying to manipulate real estate,” Robertson said moments before the council approved the settlement. “Obviously, the town did something wrong. You don’t annex, zone and sell seven acres of commercial property for $50,000 unless somebody did something wrong.
“The town is rezoning all of this property without public input, which is another sign something went wrong. I think we need to review this, talk about it and think about why we got to this point.” Nevertheless, council members did not elaborate further on the settlement, which was reached, in part, during a series of executive sessions.
Details of Settlement
Split Creek parcel:
The town will zone 1024 Old Highway 9, the Split Creek parcel west of the Blue River and north of the fairgrounds, as C1 (commercial) and allow a water and sewer connection to serve a bathroom on the property. A compliance
agreement governing nonconforming uses on this property will be updated.
Mesa Cortina (MC2) parcel:
The town owns this 37-acre parcel of land, currently part of the county. The town will annex the entire parcel and zone it residential and commercial. The town will sell 7 acres at the bottom of the hill to the Split Creek parties for $50,000. This parcel will be developed for a C1 use. The remaining 30 acres will remain in town ownership and not be developed; it likely will be designated as open space.
The town will make two 3-acre tracts available to the Split Creek parties for enhancement as wetlands mitigation areas: one in Cottonwood Park near the river and not involving the potential
elementary school site and a second on town-owned property between the Blue River Run development and the river. Mitigation on these properties can be related only to the Split Creek property.
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