CAMP VERDE - On June 10, Economic Development Director, Steve Ayers gave a brief presentation that outlined the basics of an agreement between, the Town of Camp Verde, the Verde Valley Archaeology Center and Summerset at Camp Verde, LLC. On Wednesday the Camp Verde Town Council will be discussing this agreement and possibly approving it.
The deal consists of three different parties and by 2018 would bring a new Verde Valley Archaeology Center, a trail system to go along with that Archaeology Center as well as the extending of Homestead Parkway off of SR 260. In full the terms of the agreement are as follows.
Developer Scott Simonton, would donate 9 acres of his land to the Verde Valley Archaeology Center, so they can build a permanent facility. Simonton would also sell six additional acres, valued at $570,000 to VVAC for $250,000. To conclude Simonton's part of the agreement he would give title to the Town of Camp Verde for a 2.68 acre strip of property to extend Homestead parkway from Davison Drive to 80 acres of public land.
The VVAC would agree to remain in Camp Verde for the next 50 years, making it their permanent home. The center would also pay the Town of Camp Verde for the construction of a waterline along the extension of Homestead Parkway that will serve the properties along the corridor by the end of fiscal year 2018.
To conclude the agreement between all three parties the Town of Camp Verde would agree to pave, curb, and gutter the Homestead Parkway extension from Davison Drive to the Verde Ditch, as well as constructing a trailhead at the ditch end of the road by the end of fiscal year 2018.
This is just one item on the agenda for Wednesday June 24 as the Town Council will meet to discuss and possibly approve of the proposed tentative budget for fiscal year 2015-2016. The meeting will take place at 6:30 p.m. on Wednesday, June 24 at 473 S Main Street, suite 106.