Silverthorne council to vote on ranch annexation tonight | SummitDaily.com

Silverthorne council to vote on ranch annexation tonight

NICOLE FORMOSAsummit daily news

SILVERTHORNE – After one-and-a-half years of work and several delays, the Silverthorne Town Council will make a final decision tonight on a proposal to annex South Maryland Creek Ranch into the town.Ranch owner Tom Everist has requested 355 acres of his 1,053-acre ranch be annexed in order to develop 71 homesites, a 20-acre town park, a private lake and a nature preserve on the land.The ranch is located on Highway 9, slightly north of the town of Silverthorne border.According to the annexation agreement, Everist will pay the town $200,000 per year for park, recreation and trail improvements through 2010, $500,000 for a new public works facility and $100,000 to install a permanent stage and a handicap accessible elevator at the Silverthorne Pavilion. Everist will also be responsible for developing six to 11 affordable housing units on a town-owned lot at the Ptarmigan Trail Estates on Anemone Trail. The project must be completed within three years of the annexation, according to the agreement.Everist’s other responsibilities include building trail connections, constructing a town entrance sign on Highway 9 and some road construction and maintenance.Silverthorne will provide water and sewer services to the annexed property. The town will also build an outdoor pavilion, restrooms and storage facilities for the public park and obtain a permit from the Colorado Department of Transportation to allow cars to access the park. If the permit is granted, the town will pay to build roads to the park. Along with the annexation, the council will vote tonight on whether to rezone the land from A-1 to Planned Unit Development, which would allow developers to build one unit per five acres on the property, as opposed to the one unit per 17.5 acres that is permitted under the county’s zoning.Finally, the council will decide whether to form a General Improvement District to assess a property tax on the area. The tax will be used to offset the town’s yearly cost to provide services to the property. An election will be held in April to decide on the tax, but the only voter will be Everist, the sole property owner.In November, the council passed all three issues on first reading.Everist applied for annexation in June 2004.The council tabled the request on four different occasions to allow time to work out the details of the annexation.Nicole Formosa can be reached at (970) 668-3998, ext. 13625, or at nformosa@summitdaily.com.