Months after the Archuleta County Board of County Commissioners voted to sell just over 88 acres of county-owned property along U.S. 84 to Colorado Parks and Wildlife (CPW), the last of the necessary approvals was received on Aug. 18 for the sale to happen.
The BoCC approved the sale of the land in March and, on Aug. 6, the CPW Commission voted during a meeting in Durango to purchase the property. Finally, on Aug. 18, the Capital Development Committee approved the sale with a 3-2 vote.
The Capital Development Committee is a statutory committee tasked with reviewing funding requests for capital projects for all state agencies.
“Essentially, that transaction is complete,” County Administrator Bentley Henderson told commissioners Michael Whiting and Steve Wadley at a Tuesday morning work session (Clifford Lucero was out of town) before explaining that the deal would likely close in October after all the paperwork is complete.
Included in the purchase agreement, according to the March BoCC approval, will be 88.285 acres at $8,299 per acre (for a total cost of $732,677.22), and five shares of the water rights on Park Ditch for $5,000, bringing the total purchase to $737,677.22.
The price per acre matches the price per acre of the most recent appraisal of a portion of the property.