Some members of Silver-Bronze’s board of directors are looking to sell the Coto Valley Club property. Stonefield Development owns the office building and tennis courts adjacent to Coto Valley Club and has expressed interest in redeveloping its property. As a result, a large area within the Village soon will be changing. This presents a unique opportunity to enhance the Village, provided we are able to collaborate with Silver-Bronze and Stonefield.
The reality is that Silver-Bronze, Stonfield and the Village are like a three-legged stool. Silver-Bronze and Stonefield cannot re-zone their properties without getting 50% +1 of Village residents to agree to it. And, the Village wants its area to thrive so that home values stay high and the community remains vibrant.
There are many possible uses for the club area. The Village Working Group is trying to determine what options are potentially best for the community and has developed an objective methodology for evaluating scenarios for the club area.
Part 1 of the working group’s presentation (see link below) explains the opportunity before the Village, shows the property in question, and provides the evaluation criteria.
Part 2 of the presentation, to be released soon, uses the evaluation criteria to rate each scenario.
This information is being shared with the Village board of directors and residents (here via the blog) to begin a dialogue on which options are in the Village’s best interest and the ones we, as a community, want to support.