From The Pagosa Springs Sun (Marshall Dunham):
The Pagosa Springs Town Council voted to enter into an operating agreement with the Geothermal Greenhouse Partnership (GGP) regarding Centennial Park during its regular meeting on Thursday, Aug. 17.
The agreement states that structures in place at Centennial Park that were funded by various grants will be owned by the town…
[At a recent meeting of the Town Council, Greg Schulte] talked of a grant that was awarded by the Colorado Department of Local Affairs (DoLA) to the town.
“As a virtue of receiving that grant, the things that were paid for by that grant become town property,” explained Schulte. “On the same token, the GGP received a CWCB (Colorado Water Conservation Board) grant and essentially, as the recipient of those funds, the things that were purchased with that become property of the GGP.”
Continued Schulte, “In a very, sort of, general sense, the CWCB money was paying for the stuff that was below the ground, we paid for most of the stuff above the ground.”
Schulte went on to explain that, in a conversation with GGP board of directors, the question was posed of whether the GGP really cares if the town was in possession of underground pipes or not, with the GGP responding that they didn’t mind.
“So, basically this operating agreement does detail how we operate together, but it’s going to move forward on the premise that, essentially, the GGP is going to convey to the town their interest in the infrastructure that was paid for by the CWCB,” explained Schulte. “So, essentially, what this means is that … the town does have a land lease with the GGP for a significant period of time along with the geothermal water … the infrastructure becomes part of the overall land lease.”
Schulte added that the town doesn’t anticipate one day owning the domes or foundations on the property.
“What we’re intending to do is to move forward with the premise that the DoLA money and the structure funded by the CWCB will essentially be owned by the town going forward,” said Schulte.