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  • Phone: 970-328-8605
    Fax: 970-328-8629

    Commissioners
    P.O. Box 850
    500 Broadway
    Eagle, Colorado 81631-0850 

    eagleadmin@eaglecounty.us


Conditional approval for purchase of Eagle property for fairground access, open space

Contact: Kris Friel, Communications Director, 970-328-86 or kris.friel@eaglecounty.us 

The Eagle County Board of Commissioners conditionally approved a $1.6 million purchase agreement for the Eagle Auto Recycling and Towing property in west Eagle during its regular meeting on Feb. 1. The 7.5 acre parcel is located at 111 Violet Lane. The property has been used as an auto salvage yard for the last several decades and has long been sought as an open space acquisition by Eagle County.

 Eagle County staff and the current owners, Ralph and Sherrie Seago, have engaged in talks regarding the acquisition for several years. The county intends to use a portion of the property to construct a secondary access to its fairground complex.

“We appreciate the opportunity to work with the Seagos to improve the access and increase the safety of our fairgrounds for all our citizens,” said Commissioner Jon Stavney. “The timing was just right for them to retire and for the county to be able to look at future improvements at the fairgrounds.”
In 2010, Eagle County finalized an agreement with Lafarge to relocate existing ball fields at the fairgrounds to facilitate gravel mining. Completion of the effort, which is anticipated to take five to ten years, will allow the county to finalize master planning of the entire site.

The remaining portion of the Seago property, at the confluence of the Eagle River and Brush Creek, will be preserved as open space and will be accessible by the public for fishing and other recreational opportunities.
  
“Acquiring this property serves two very valuable purposes. Not only will it provide the land necessary for a much needed second access into our fairgrounds, but it will also provide the public with access to what will become one of the most scenic spots on the Eagle River,” said Commissioner Peter Runyon.

“We have directed our staff to move this project forward in hopes that we can close this spring or summer.  It will be a very exciting property to add to our open space portfolio,” said Commissioner Sara Fisher.

The purchase will be made through a combination of funding sources, including the county’s dedicated Open Space and Capital Improvement Project funds. Upon ratification of the purchase agreement, the county will approach the Open Space Advisory Committee for open space funding. 

The agreement indicates a transfer of the property will occur in late spring, providing that results from environmental testing are satisfactory.  Specifically, the contract states:

“Prior to the Inspection Objection Deadline, Buyer at its election may conduct a phase 2 environmental site assessment and audit report to evaluate the condition of the Property. Seller agrees to assist Buyer's environmental consultant in furtherance of this phase 2 report. The cost of the phase 2 report will be paid by Buyer. If closing does not occur for any reason, Buyer agrees to deliver any such phase 2 report to Seller within thirty (30) business days following termination of this Agreement.  Buyer may notify Seller of any unsatisfactory environmental issues on the Property prior to the Off-Record Matters Objection Deadline. Within five (5) days of said notification, the Parties agree to meet to mutually discuss an appropriate mitigation plan or price reduction to address said environmental issues. If the Parties are unable to mutually agree to a mitigation plan or price reduction, the Buyer may elect to terminate this contract for unsatisfactory environmental conditions within (10) days of the Off-Record Matters Objection Deadline in which event the Parties shall be released from their respective obligations under this agreement and the Earnest Money shall be returned to Buyer.

Except as expressly set forth herein, Seller shall remove all trade fixtures, buildings, sheds, cars, vehicles, trash, debris, equipment, parts, inventory, landfills, disposal sites, and any and all other items used in the vehicle salvage business from the property prior to the Inspection Objection Deadline. The property should be left in a condition similar to vacant land with no buried, hidden, or latent materials left on site. If the Property is not left in such a condition, the Buyer may elect to terminate this contract by the Inspection Objection Deadline in which event the Parties shall be released from their respective obligations under this agreement and the Earnest Money shall be returned to Buyer.  Notwithstanding the foregoing, Seller may leave on the Property the 40’ x 60’ concrete building.”

For more information on the county’s open space program, visit www.eaglecounty.us/openspace
 

 Seago vicinity map 
Vicinity Map
 Seago ownership/zoning map 
Ownership/Zoning Map