BLM office schedules master lease plan meeting
The BLM’s Tres Rios Field Office has scheduled four public meetings to consider the need for a master leasing plan in an area of interest that encompasses portions of eastern Montezuma County and western La Plata county.
If initiated, an MLP could put additional regulations or restrictions on oil and gas development in sensitive areas, including for cultural and recreation sites. The community involvement process involves a committee with seven representatives from Montezuma County and seven representatives from La Plata County. The committee is part of a oil and gas subgroup of the Southwest Resource Advisory Council. The meetings are open to the public and are scheduled as follows:
‰ Feb. 11, 10 a.m. to 12 p.m. at the La Plata County Fairgrounds
‰ Feb. 11, 6 p.m. to 8 p.m. at the Mancos School gym in Mancos
‰ March 16, 10 a.m. to 12 p.m. at the Montezuma County Annex in Cortez
‰ March 16, 6 p.m. to 8 p.m. at the Fort Lewis Mesa Elementary, in Hesperus.
The agendas for the Feb. 11 meetings are identical. The agendas for the March 16 meetings also are the same.
Google puts $41.7M into Boulder affordable housing
Google has invested $41.7 million in state-issued bonds to develop affordable housing in Boulder.
The Daily Camera reports that Google and its investment fund, Red Stone Tax Exempt Funding, have invested in construction and permanent mortgage capital for more than 200 apartments in the city’s affordable housing program.
Boulder contributed $11 million toward the July purchase the Osage and Thunderbird apartments and the December 2014 acquisition of The Nest complex. National affordable housing developer The Michael’s Organization and Boulder-based Element Properties and Allison Management bought the properties for a combined $63 million.
Google is building a campus in Boulder where it could employ as many as 1,500 people. Residents have expressed concern about the impact that could have on the already expensive housing market.
Home sales, prices up in Colorado, but supply is low
The Denver Post reports that although sales and prices have been up, the supply of for-sale homes is at a five-year low.
There were 6,617 single-family home sales in December, up 21 percent from November and 10.6 percent from December 2014. Townhome and condo sales were also up.
Prices have also increased. The median home price hit $305,000 in December, 9 percent higher than the 2014 average. The median condo price increased 14 percent.
But analysts for the Colorado Association of Realtors are concerned that the supply of for-sale homes has dropped to a five-year low.
The Journal and Associated Press