CCUD agreement back on the Jan. 20 council agenda

January 16, 2015

NEW — 2:35 p.m. Jan. 16, 2015

A Newcastle City Council-approved deal that continues to cause a lot of controversy headlines the agenda items for the Jan. 20 regular council meeting.

In September, the council authorized City Manager Rob Wyman to enter into a purchase-sale agreement for the Coal Creek Utility District-owned property on 129th Avenue Southeast.

In exchange for the property appraised at $750,000, the city would agree to pay $250,000 and forfeit its legal right to assume the utility district for 10 years.

It’s the non-assumption clause, in particular, that has some current, and one former, council members questioning the logic of the agreement. Read more