The Fraser Town Board sent a letter Monday, July 23, to the representative of Byers Peak Ranch and Byers Peak Downhill Adventure Park seeking to confirm the board's understanding of terms that are part of the proposed annexation agreement.
"We have received the letter," said Jack Bestall, representative of the Byers Peak properties.
The letter was referenced in a July 18 meeting of the Fraser Board of Trustees.
During that meeting Bestall relayed a comment that the owners of the Byers Peak properties "felt an urgency to begin the development of the property."
In the letter sent Monday the board sought to confirm their understanding on a number of terms in the annexation agreement including topics such as road construction and future maintenance, land development, water and sewage systems, and the terms of the continued negotiations.
The board is scheduled to have an executive session Aug. 1 regarding the annexation of Byers Peak Ranch.
One of the major issues is streets. The town proposed in Monday's letter that Byers Peak Ranch would be responsible for building the streets and then those streets would become public, meaning the Town of Fraser would be responsible for maintaining the streets.
The exception would be streets constructed as private streets to private residences.
The town agreed in Monday's letter to identify the roads as public if Byers Peak agrees to dedicate a 6-acre piece of the property for maintenance and storage use by the town as well as 1.5 acres in Grand Park Planning Area to be used by the Fraser Cemetery.
Byers Peak has said that the proximity of Byers Peak Ranch to the town provides an efficient and easy to maintain addition to the town, meaning it would not be difficult or cost-prohibitive to the town to maintain the property.
However, the town mentioned in its most recent letter to Byers Peak that further discussion of road improvements is necessary.
The town previously insisted that Byers Peak be responsible for building and maintaining the roads for the subdivision with the exception of County Roads 72 and 73, the Fraser Valley Parkway, and Road A.
Another issue outlined in the letter is the duration of the project.
Byers Peak Ranch would be required to start operations six months after obtaining building permits and they would be allowed to continue construction operations for a period of 10 years.
The developer would be responsible for the cost incurred by the town in repairing roads that are damaged from construction traffic and the developer will not be able to use Mill Avenue or any road north of Mill Avenue, according to Monday's letter.
All development on the property will be served by the town's public water and sewer systems and the town will collect and retain all water and sewer plant investment fees.
Byers Peak previously wanted to use the fees to reimburse the costs associated with building the infrastructure for water and sewer, but the town has said it needs the money generated by these fees to expand the facilities in order to supply Byers Peak Ranch.
The most recent letter sent to Byers Peak from the town states that all costs associated with the necessary improvements to the town's water and sewer facilities must be paid by the developer.
Byers Peak Ranch will also be required to build two water augmentation storage ponds of at least 25 acre feet that would be dedicated to the town.
The letter stated Byers Peak is required to reply to the town board through a written statement and they also need to agree to be responsible for further costs associated with the annexation process.
It was unclear Thursday whether Byers Peak Ranch has agreed to these terms or if they have replied to the letter.
Information provided by the representative of Byers Peak Ranch shows that the projected cost to the Town of Fraser including the cost of roadway maintenance, snow removal, and public safety would be $3 million.
The total projected revenue to the town for the entire project including property tax revenue, general fund revenue, and other potential revenue, minus the required reimbursement to the West Mountain Metropolitan District, is estimated to be $52.7 million.