Sale of Ryan Property

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Latest news (October 2007)

'RareEarth' takes over from BriarRose. They are planning to re-route parts of their access road away from Buckman Road. We are checking on our access rights.

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Latest news on sale (June 2007)

  • Closing by 17 June

  • Road work limited to grading in 2007

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6 February 2007 hearing results:

  • The 6 February hearing in TA was NOT limited to testimony on water issues

  • BriarRose revised water plan to increase runoff

  • All 3 Commissioners voted in favor of BriarRose

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Poll on Ryan Property Development - 20 Respondents

Note that some respondants have changed their votes since 5 February

For

Neutral*

Against

7

8

5

*Neutral - Prefer no development, but should development occur, BriarRose is a good choice

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The 6 February hearing in TA is limited to testimony on water issues

The poll results and the shareholder comments will be presented to the BriarRose representatives

Pending Sale of Ryan Property

  • The Ryan property is the land that is crossed immediately before getting to Pinorealosa

  • The sale and development includes the land along the cliff and Mundy's cabin site

  • Potential buyer and developer is BriarRose from Atlanta Georgia

  • Development Concept Map (BIG pdf FILE!!): Ryan Property Concept

  • Development Proposal Annotated (96k jpg file): Annotated Ryan Property Concept

  • Please note the proposed lots along Ryan-Land/'the 900' (Raspberry Ridge)

  • Summary of the BriarRose concept:

    • 74 lots (10-30 acres each)

    • Lodge, casitas, barn, equestrian center

    • Large 'conservation easement' to be left undeveloped

    • Buckman Road will be improved

    • There will be a manned gate at their entrance

    • Underground utility lines including fiber optic cables will be laid along the road

    • Building covenants will be strict (style, size, effluents, lighting)

    • Their marketing people think that the $800k-$1200k lots will all be sold within 2 years

  • History/Schedule:

    • A Preliminary review of the Master Plan occurred in Espanola on 6 December. Four Pinorealosa board members attended. Kathy spoke for us, giving a neutral but generally favorable review of our interactions with BriarRose.

    • Rio Arriba County Commision hearing on 28 December resulted in a denial of approval for BriarRose to proceed based upon a problem with the hydrological plan.

    • The February 15 closing was postponed to April 17 pending an appeal by BriarRose to reverse the ruling.

    • There will be an appeal hearing on Tuesday 6 February at 1:30 PM at the Tierra Amarilla County Complex before the Board of County Commissioners.

  • Effects on Pinorealosa:

    • Note that there are lots proposed along Ryan-Land/'the 900' (see Annotated Ryan Property Concept ) This boundary follows 'Raspberry Ridge.' BriarRose has sent us a proposal for a trail easement along part of this boundary.

    • Possible increase in our value which could lead to increases in our taxes

    • Increased traffic and trespassing although their manned gate could mitigate this

    • Increased interest in our land

    • Will the radio repeater be moved or removed? Some of us use the repeater for communication to our families and potentially for emergencies.

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