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Silver Plume says funding secured for Taylor Kennedy purchase; GOCO appraisal requirement tightens timeline
Summary
The town reported all funding for the Taylor Kennedy land acquisition has been secured but said GOCO requested a new appraisal due March 31, creating a tight window before an April 6 closing.
Town Clerk C. Nihiser told the Silver Plume Board of Trustees on March 23 that the town had secured the funding necessary to acquire the Taylor Kennedy parcel but that Great Outdoors Colorado (GOCO) required the appraisal be redone. The clerk said the appraiser has until March 31 to complete the new appraisal and that the town is scheduled to close on the property April 6, creating a narrow timeline.
Nihiser said she and C. Neely met with the State Historical Fund (SHF) and GOCO on March 11 and that SHF planned to wire its advance payment the week of the meeting. She described the GOCO appraisal requirement as "a bit of a wrench" in the timetable and said the town was watching the appraisal schedule closely.
No vote or formal action on alternative closing dates was recorded in the meeting transcript; the board did not take other formal action on the acquisition during the March 23 meeting.
(Reporting note: the transcript identifies GOCO and SHF by acronym; the article does not infer additional contractual terms beyond what the clerk reported.)
