Town of Winter Park buys undeveloped parcels in Silverado II
Grand County, CO Colorado
WINTER PARK – In a special meeting Monday, May 10, Winter Park Town Council approved spending $429,000 from its affordable housing fund to purchase two undeveloped parcels in Silverado II.
While there are no specific plans for that property at this time, town manager Drew Nelson said: “It was just a good investment.”
The parcels, located west of the railroad, include a total of about two acres and were initially slated for a 24-unit, multifamily development. Millennium Bank recently foreclosed on the property.
Affordable housing funds, which are collected out of developer fees at a rate of $3 for every square foot of habitable space, also funded the Hideaway Junction project. After this purchase, roughly $1.6 million remains in the town’s affordable housing fund.
Tree removal program
Council members also discussed the tree removal program for the upcoming season. Winter Park will continue to provide curbside removal of logs and slash free of charge for homeowners who remove beetle kill trees on their own from May 17 to Oct. 18. The town plans to continue this program in some form for the next several years. However, it “cannot guarantee it will be able to wholly subsidize the cost,” wrote town forester Stefan Petersen in a letter to property owners.
Council members also agreed that town staff should informally identify properties with a particularly large number of hazardous trees and work to educate those specific property owners about the dangers their trees pose to public safety and the removal options available to them.
– Reid Armstrong can be reached at 970-887-3334 ext. 19610 or email@example.com.
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