Basalt OKs Pan and Fork contract
December 12, 2007
BASALT ” The Basalt Town Council unanimously approved a contract Tuesday night to purchase the Pan and Fork Mobile Home Park.
The $4.5 million proposal is contingent on receiving voter approval in April. Voters will be asked to approve issuance of general obligation bonds that will be repaid through a property tax. If permission isn’t granted from voters, the contract will terminate.
The council will work on specific wording for the ballot in February, Town Manager Bill Efting said.
The town government intends to relocate residents of the mobile home park. The Pan and Fork, which was established in the 1960s, is home to 38 families. A study commissioned by the town, and reviewed by a second firm, found the trailer park at risk of a catastrophic flood. It is located along the Roaring Fork River, in the heart of Basalt.
Residents will be offered a chance to move into “replacement housing” that is anticipated to be developed as part of other new projects around Basalt in coming years.
Once residents are relocated, the town government intends to redevelop a portion of the property in a safe manner, according to the ordinance approved Tuesday. It will also preserve land along the river as a park and tie it into Old Pond Park, just down river.