Here are the rest of my notes of the overview for proposition five presentation offered by the developers of the properties
This is a submission to my caucus corner occasional blog.
Other notes:
– On Feb 13 Orem city council passed Prop 5 to go to the people who will vote on the election in Nov
– UV university has a master expansion plan 5, yr 10 hr etc. The university will concentrate on academic buildings and have no interest in manage student housing.
– 24 homes were purchased from residents in an area of Orem that is currently surrounded 3/4 by Utah Valley property.
– UV has no wish to devote funds to housing. The school wants that handled by private organizations.
– The organization, Orem citizens, is a political group who supports prop 5.
– Campus drive student housing at Utah valley university.
– Bus free for the first 3 yrs.
– The Alpine school district was concerned about no stoplight on 400 West. Developers will install a traffic signal.
– At the school, there are two lanes that enter into the property and the exit at the opposite end of the school campus.
– Lakeridge does not have crossing guards. guards are usually paid by the city. There are not enough volunteers.
– The stoplight at Lakeridge will be paid for the project.
Campus plans:
– In the future, Utah Valley University is expected to have 50K students. There is insufficient housing for those students. Three properties are being considered to provide housing.
– On campus, the turn-about will be enlarged. This will be paid by a federal grant.
– Utah Valley parking available to visitors from 5 pm until 3 am.
– People liked this location because it is surrounded 3/4s by university property.
Question: If Proposition 5 does not pass by the citizens what will happen to the property?
– 1. The land will be sold back to UV.
– 2. Utah Valley in not wanting to manage housing, so will likely give it over to another developer who will then develop their own plan. At that point, the new developers may not have to make the same concessions to the city and neighbors as this current one has had to do. There may also be higher density housing.
Do you have something to add? If you do, please share in the comment section of this blog.
