Developer’s loss could be gain for town of Silt
There may be a silver lining for the town of Silt in the cloud of the Stillwater Ranch subdivision project that has hovered over the town for more than eight years.With Stillwater Ranch developers missing yet another deadline today, Dec. 31, to show proof of financing and file a final plan with the town of Silt, town board members say original agreements may be cancelled and new ones made in their place if the project is still to go forward.”They’re not in trouble, but they’ve lost the privilege of doing the development the way they want and the way we agreed to,” said Silt Mayor John Evans. “Now we can change the development the way we want since we’ve seen some of the mistakes we made. It may be a disadvantage for Stillwater and an advantage for us.”Residents have waited for the 1,200-unit development to be built south of the Colorado River since approving it in a special election in 1997.After numerous delays and extensions granted to the developers over the years, the town has said this deadline is final. If SWD still wants to pursue the project, it will likely have to go backward to sketch plans and receive new approvals and agreements from the board.”We decided as a board to take no action at all with any extensions or delays,” Evans said. “There are things that should have been done that haven’t been done. And we’re not doing that anymore. They’ve been well out of compliance on many occasions. The forgiving is over.”Evans said he does not want to see the property de-annexed from the town and believes that if the project is not developed by SWD, someone else will do it.”There’s a question mark for sure if it will happen (by SWD),” Evans said. “I suspect the property will be developed – but who knows by whom?””There’s a question mark for sure if it will happen (by SWD),” Evans said. “I suspect the property will be developed – but who knows by whom?”
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