Lot 7 development exempt from Highway 60 work

The adopted amendment exempts the approximately 12-acre Lot 7 immediately north of Lot 1 from triggering the Highway 60 improvements: extending Basher Drive to State Highway 60 and sanitary sewer, improving storm sewer, and extending a 12-inch water line across Interstate 25 to Daybreak Avenue. The Town may not require construction, installation, completion or guarantees of those improvements, or financial security for them, as a condition of approving or recording a subdivision plat, approving a site or development plan, or issuing a building permit or certificate of occupancy for Lot 7. The exemption applies even if a final plat changes the parcel’s configuration or designation. The improvements remain deferred and must be addressed in a later agreement for development of Tract 1 and Lot 2 beyond Lot 7; the original obligations remain in force for the rest of those properties.

Adopted with the consent agenda (carried).