Friday, April 13, 2012

Quigley plan is bad for Hailey

The Quigley Canyon developers seem to think they have the right to continually bring this ill-conceived annexation application to the Hailey City Council forever. I'm wondering how long they can do this and at what expense to the taxpayers? And what has it already cost us?

Regarding the current review of the water right that the applicant is offering in lieu of paying fees, it has already been proven that the water doesn't exist as they claim it does; Hailey will experience a net deficit of water at build-out. And the transfer of water rights to the city is of no benefit to the city at all. There is no way around it—the water simply isn't there.

The real appraised value of the water right has been determined to be $1.6 million. Given the scale and density of this proposal, you would have to multiply that $1.6 million by about 20 to arrive at the potential costs of this project to Hailey taxpayers over the next few decades. This, in a market currently experiencing a constant expansion, through foreclosures, of what is an already excessive inventory of residential real estate.

Most importantly, our Planning and Zoning Commission recommended that the City Council deny the current application request for the annexation of Quigley. It does not conform to various criteria identified in the comprehensive plan, to which citizens and city staff have devoted countless hours developing, so that Hailey has a bright future, rather than the endless costs and litigation associated with assuming responsibility for a failed real estate investment. I don't believe the city should devote any further time to this project until it at least meets the conditions of our comprehensive plan.



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