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Wednesday, July 17, 2019
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CCMD Board Considers Realtor Representation
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During the study session held at 6:00 pm, Tuesday, March 26, 2019, at district offices, the Board of Directors took another look at having a licensed realtor represent the Colorado City Metropolitan District in real estate transactions. District Manager James Eccher proposed a four point plan that would govern transactions without the use of a realtor requiring:

• The buyer is responsible for presenting a signed contract to the board

• The contract must be accompanied by three comparative transactions and/or two broker price opinions (BPO) ,and/or an appraisal at the buyer’s expense.

• The Offer will be presented to the board and may be accepted or returned with a counteroffer.

• CCMD should advertise all land for sale on its website.

David Douglas, a licensed realtor who has submitted a proposal to represent the district, was in attendance. He told the board a real estate professional can save the board time and money, enhance profit from land sales, and prevent liability. The board directed the manager to develop a request for proposal for valley real estate entities.

The Board reviewed a recommended bid from Marine Diving Solutions (MDS) to dive and inspect four tanks in the district water system. The bid of just under $14,000 includes a Colorado State Inspection Report and was the middle of three bids received. Eccher and Public Works Director Donny Scheid recommended MDS because it was a “firm” bid that included the examination of the more complex tank number 3.

Eccher presented an agreement to the board in which the two board members and three appointees would assume design review and covenant enforcement from the now defunct Colorado City Architectural Control Committee (CCACC). Director Cook attacked the document as unnecessary, illegal, and “dead” because of the language it contained. Eccher informed the board that the document was developed by the district’s own attorney as a matter of proper procedure. Cook’s response to that revelation was, “This attorney needs to be fired.” Eventually, the board voted against accepting the document absent more research by Eccher by a margin of 4-0.

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The Greenhorn Valley View is a weekly newspaper serving the communities of the Greenhorn Valley in Southern Colorado,
including Colorado City, Rye, San Isabel, Beulah and Hatchet Ranch.

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