Ginn Development in Minturn Closer to Approval of Annexation to Minturn

Minturn gives Ginn Development Premilinary OK to Annex New Development

Will Bobby Ginn’s Dream of a Private Ski and Golf Resort on and near Battle Mountain and Minturn come true?

Finally, after 2 and 1/2 years of meetings with local residents, council members, planners and developer representatives, the Ginn Deveopment is making progress on the proposed  development of 1,700 homes, condominiums, private ski resort and golf course south of Minturn.

Last night the Minturn Town Coucil’s vote to give preliminary approval had some reservations attached.  They are concerned on how residents on Ginn’s property would be taxed and how that revenue would be used to make improvements in Minturn, such as a recreation center and bike paths.  What they would like to see is the revenue for improvements to flow to Minturn forever, just in case Ginn’s projections of its tax reventue to the town turned out to be not enough. 

This sounds like some negotiations a divorce settlement would encounter.  Ginn does not want to commit to giving Minturn that money forever, but agreed that Minturn should get a guaranteed amount of revenue for a certain amount of time. 

So what now?  Minturn and Ginn attorneys were told to work out an agreeement before the next Town Council vote on Feb. 27.  There is no guarantee Town council members will vote the same way next week.  Minturn is still looking for some security for its future and some input as to how the Ginn Development will enhance the life of residents living in Minturn.  It may take more time for final approval, however, this vote is one step closer to Bobby Ginn realizing his dream in Minturn. 

At this point the Minturn town council is not giving residents the chance to vote on the annexation.  It would require a refferendum  with signatures from 80 registerd voters to petition a vote. 

The attorneys for both parties are going to be busy this week trying to create that ultimate win-win situation for Minturn and Ginn.

For more information on the Ginn Development in Minturn, contact Teri Lester, Eco-Broker 970-376-0779 or tlester@gatewayland.com

 

Contributed by Kinetic Knowledge
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