Taseko Mines Ltd T.TKO

Town of Florence vs Florence Copper Inc.

[Spec7777]

For those who may be interested:

https://casetext.com/case/town-of-florence-v-florence-copper-inc/?PHONE_NUMBER_GROUP=C

- Spec

[nofluff]

Spec. There was never any subdivision built. The town changed the zoning to try to stop flor. Value partners bought land next to for ground with full knowledge of the mine. nf

[Spec7777]

NF, see paragraph 10 on the link I posted: "After extensive negotiations, Merrill and the Town agreed to the 2007 Merrill Ranch Master Development Plan ("2007 Plan"), which, among other things, rezoned the Mining Parcel from light-industrial to residential. The Town Council then passed Ordinance No. 460-07 ("Rezoning Ordinance"), amending the Town's zoning map to

[nofluff]

Sorry spec. No houses on flor ground. Only zoning changes to try to stop mine. U can go yo maps to c no houses on flor ground. Nf

[nofluff]

Merill could not build on flor ground. nf

[nofluff]

However, the news certainly seamed to take dome of the wind out of tko sails. Big guess game:)) nf

[Spec7777]

Then how do you explain all the houses on the Merrill Ranch subdivison? This is what the lawsuit is/was about.  Property rights are separate from mineral rights unless they have been purchased.  Not talking the entirety of Florence Copper property, but  rather the portion of it that lies within the city limits.

[Spec7777]

@ NF, Florence property includes property within the city limits.  You have to separate the mineral rights from the actual ownership of the property.  I live in a very nice area in Colorado next to the third largest golf course in the world.  Very expensive homes, many 1 mil +.  None of us have mineral rights to the property these homes sit on...technically a company could come

[Spec7777]

There are several builders offering new homes on Merrill Ranch.  Hopefully they are disclosing this issue to prospective buyers.  I can't imagine it helps sell new homes, but who knows.  Florence Copper has won all the previous legal rounds, so we appear to be on firm legal ground.  That being said, I still have to wonder about the impending litigation.

[JCSunsfan]

MILES away.  Not an issue.  Everyone in the area knows about Florence Copper.  The only thing within 1.5 miles in any direction is agricultural land and cotton fields. 

[JCSunsfan]

No.  YOu Merrill Ranch was a HUGE development with many scattered properties.  This property was part of his holdings, but is far away from where actual develpment is happening.  Miles away.