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March 10, 2020

Dear Neighbors

This is a quick report of the BCCA meeting presentation from Doug and Patti Edgelow representing Equus Lake Montezuma, LLC.  Equus LM is the owner that let the option to purchase the Beaver Creek Golf Resort LLC properties (golf course and Ranch House Restaurant) die in escrow last month.

When the golf course was sold in 2004, ten parcels were removed from the golf course property and replatted with town home/condo lots. There are now 137 lots that are theoretically available for building however some are partially under water and likely will not be used for housing.

Mr Edgelow shared that Equus LM owns 33 lots around Lake Montezuma and is in the process of buying lots in another parcel. The nine lots on the south side of the lake, we understand will not be built on and will be utilized for non-motorized public recreation, perhaps installing a dock there. He plans to build on most but not all the 24 lots on the north side of the lake, probably 19-20 units. He had some conceptual drawings but no specific building plans. Septic regulations have changed since 2004.  He is in the process of working with ADEQ for permission to use a group septic system.  He does not anticipate completing this process and starting to build before the end of the year. 

The focus of his presentation was that Equus LM is still interested in purchasing the Beaver Creek Golf Resort. However, his business partners wish to know that the general community is in support of their plans and that the water rights are confirmed. The group does not want to build a golf course.  Equus want to use the golf course property for agriculture which would include a vineyard and an orchard.  In the area of the maintenance shed, a 50-unit boutique hotel would be built (already zoned for this) and a tasting room would be operated in the old Pro Shop.  A zoning amendment is required for the agricultural use of the property since it has a zoning stipulation as a golf course. Equus and their partners want to know that the community is supportive of the change to agricultural zoning before finalizing the property purchase. 

BCCA is arranging a community meeting so that residents can receive more information and ask questions. We may hold off a bit while the Edgelows put together some more specific information.
 
on behalf of the Beaver Creek Community Association Board

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