Commissioners Decide to Keep Existing Recorded Exemption Regulations

After three study sessions, the Weld County Commissioners finally decided not to change the County’s existing regulations related to Recorded Exemptions (RE). At issue was a difference of opinion on how the number of lots split off large parcels in agricultural zones should be controlled. The Commissioners agreed that landowners need incentives to encourage thoughtfulContinue reading “Commissioners Decide to Keep Existing Recorded Exemption Regulations”

Company Requests Incentives to Stay, Grow in Longmont

OnCore Manufacturing Services, which makes precision industrial components used in the defense and health care industries wants to build a new manufacturing facility in Longmont. The company has grown from six to 134 employees since opening its facility in 2003. City Council approval is required because OnCore has requested that the City rebate 100 percentContinue reading “Company Requests Incentives to Stay, Grow in Longmont”

Fair Campaign Practices Act Revised

After months of discussion, the City Council gave final approval to an ordinance revising Longmont’s campaign regulations. In addition to small increases in the reporting threshold for individual donations and independent expenditures, the revised ordinance eliminates the controversial Election Committee, a citizens’ group originally created to review alleged campaign violations. Discussion concerning the disbandment ofContinue reading “Fair Campaign Practices Act Revised”

NAR Voices Foreclosure Concerns

In a letter distributed to NAR members, President Vicky Cox Golder noted that there have been widespread reports of problems related to foreclosures. She said NAR has sent a letter to regulators expressing REALTOR® concerns. NAR’s Leadership Team has held several meetings during the past two months with the heads of major national banks toContinue reading “NAR Voices Foreclosure Concerns”

Loan Limits Extension Signed

President Obama has signed a resolution that included includes a number of unfinished items from a number of committees that will keep the government running until a lame duck session can be held in November. Included in the resolution is a provision extending current FHA and GSE loan limits through September 30, 2011.

Small Business Bill Signed

On September 27, 2010, President Obama signed into law the Small Business Jobs and Credit Act of 2010 (H.R. 5297). Under this bill, which NAR supported, the U.S. Treasury would be authorized to lend up to $30 billion to interested community banks to further expand lending to small businesses. As an incentive for participating communityContinue reading “Small Business Bill Signed”

New Poll Says Amendments Failing

Amendments 60, 61 and Proposition 101 are now struggling to find support, according to a 9NEWS-Denver Post poll conducted by Survey USA. However, large numbers of voters remain undecided. According to the poll, Amendment 60, which seeks to lower property taxes, only has 10 percent support in the survey. Forty-eight percent of voters are opposedContinue reading “New Poll Says Amendments Failing”

Staff Unveils Neighborhood Compatibility Proposal

City staff has completed its draft of proposed development regulations to preserve neighborhood compatibility in residential construction and remodels. The problem, according to some, is that scrape-offs or pop-ups change the look and feel of older, established neighborhoods. The key elements are as follows: 1) Regulation of Certain Design Elements – Eve height, window height,Continue reading “Staff Unveils Neighborhood Compatibility Proposal”

Issue arises over Firestone Comp Plan

Proposed changes to Firestone’s Comprehensive Plan would move the town’s prospective borders to Longmont’s city limits. The plan marks possible development west of Interstate 25, between Colo. Highway 119 and Weld County Road 20, wrapping around Longmont’s 2008 annexations near the St. Vrain River. Longmont and Firestone have been in conversation about content and scopeContinue reading “Issue arises over Firestone Comp Plan”

Election Committee Eliminated

The City Council voted 4-3 to disband the Election Committee during the first reading of an ordinance amending the Longmont Fair Campaign Practices Act. Council member Gabe Santos made the motion, arguing the City has capable staff that can fulfill the responsibilities formerly held by the Committee. Council member Sarah Levison was clearly displeased andContinue reading “Election Committee Eliminated”