7/29/2013 10:33:00 AM Pact gives Prescott Valley 181 acres of open space
Ken Hedler Special to the Tribune
The town government will gain an estimated 181 acres of open space in two months and will not have to pay for it for 13 years.
The town will obtain the land on Glassford Hill and along Rose Creek beneath Sam's Club by extending a development agreement for 38 months with Kitchell Development Co. of Phoenix. The agreement will extend to Oct. 31, 2028.
Under the agreement, the town reimburses Kitchell for widening Highway 69 with a penny on the dollar from the 2.33 cent sales tax that stores and restaurants collect at the Prescott Valley Crossroads shopping center. Kitchell built Crossroads on both sides of the highway at Sundog Ranch Road.
The town will pay for the land from the remitted sales tax proceeds.
The Town Council voted unanimously for an amendment to the development agreement.
The meeting started with a presentation from Economic Development Manager Greg Fister, who displayed a map.
"This is the last major piece of privately owned property this side of Glassford Hill," Fister said, referring to the signature natural landmark that rises 1,000 feet above the inhabited area of Prescott Valley. He said future trails on the hill could tie in with the Iron King and Peavine trails.
Councilwoman Mary Mallory said a lot of constituents told her they are happy with the pending addition of open space.
Vice Mayor Lora Lee Nye said the idea of extending Fain Park along the Kitchell property below Sam's Club and east of the Victorian Estates subdivision is "so appealing to me."
Fister said the Planning and Zoning Commission will be involved in changing the zoning for the land to public use, the designation that applies to parks and other open space.
The land has potential for recreation, Councilman Marty Grossman said. He said his friends with the Over the Hill Gang, which has built trails in the Prescott area, are excited about the land acquisition.
Town Manager Larry Tarkowski said voters in March "overwhelmingly" voted for the General Plan update, which calls for maintaining open space on Glassford Hill.
Posted: Friday, August 2, 2013
Article comment by:
Great Job Council
Way to go, Council and town planners! Keeping Glassford Hill as open space with the real possibility of hiking trails and a premier park shows great foresight and care for the people of Prescott Valley and its visitors. A wonderful community isn't about how many homes can be crammed into it and how much tax money can be collected.
Posted: Tuesday, July 30, 2013
Article comment by:
Our town is great at giving away our tax money. this time, they did the correct thing as long as the amount of total money paid does not exceed the appraised value of the land. It is bad enough that the Town is paying the Fain company way to much tax money for the improvements made to the commercial areas on glassford Road. Unfirtunately, I came from California where developers always paid for improvements if they wanted to build something. I guess Arizona is just a generous state.