Aug 20 2010

Cuchara Metropolitan District

Published by at 7:20 am under General Information

As Reported in the Colorado Springs Business Journal:  “Michael Balloun of Arlington, Texas took the property over last month through a deed in lieu of foreclosure from its previous owner. A week ago, a new contract was signed to turn the property over to the recreation district.  The newly formed district’s future is predicated on Huerfano County’s approval of the recreational district the sale of bonds to finance improvements. More than 600 jobs could be created by the revamped development which is projected to include a new hotel, conference center, lake, mountain coaster attraction, zip line, downhill skiing, a snowboarding half-pipe and a tubing hill.”

The Signature yesterday had excellent coverage, interviews and details of the entire Plan. But I don’t think that they post it on-line so you will need to call them for your personal copy. 719 742-5591 or editor@signaturenewspaper.com

The 600 jobs and and hotel/conference center has been in plans of previous developer prospects also. Some feel this part could be either an exaggeration or long-term dream forecast.  But who knows?  Clearly the votes approving  of the Metropolitan District and subsequent sale of Bonds will be integral to the Plan.  And the word on the street is that both of those stipulated requirements are felt to be in well received progress already.   hmmm    We also hear that the Principals will be speaking at a community forum later this month to present their plan in person and to answer questions.  Won’t want to miss that one.

One response so far

One Response to “Cuchara Metropolitan District”

  1. Phiaon 20 Aug 2010 at 11:49 am

    Let us know asap so we can try to get there! Thanks Jerry