November 8, 2024 8:07 am
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Deal made for fewer homes at Deep Well Ranch

Deep Well Ranch Road, Prescott/Google Maps

Agreement touches on maximum homes, street construction, open space

By Cindy Barks | The Daily Courier

Under a development agreement drafted between the City of Prescott and Deep Well Ranch developers, a maximum of 8,000 homes would be allowed on the 1,800-acre property — “until such time as” an alternative water source is acquired.

That is just one example of the points included in a 34-page draft agreement (with an additional 14 pages of exhibits), that has been released by the City of Prescott.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.