Addie Petersen has made a proposal to the City of Alta that would help boost the economy as well as help with the lack of housing available in the community.
Petersen is willing to donate 38 acres of land which lays along West Highway for housing development. She and her attorney, Gary Armstrong, have met with the city council and the utilities board, asking for amenities, if any, can be provided.
Mayor Tom French responded by saying, "We can't believe it. This is an answer to our property situation in Alta. It is everyone's feeling to do whatever we can to make this work - but we have to be fair to everyone."
Armstrong explained shared comments. This project "would meet a need she perceives in the community. That's her motive here. You won't find too many people who would proceed with this type of development."
If the project goes through, it would be done in three phases. The first phase would include 26 lots, each being a third of an acre and would hold a home 1,500 square feet at the minimum. Affordable but quality is Petersen's goal. A preliminary drawing has been developed showing the proposed phase one; there could be an opportunity for multiple dwellings but at this time the primary thrust is single-family dwellings.
Armstrong pointed out the tax benefit the new development would provide to the city.
"If Alta is to grow, it needs a place to grow in. This is just the tip of the ice berg."
The City and the utilities board will get together and crunch numbers and propose a package to Petersen and her attorney within a week. At that time, a decision will be made whether to move ahead or not.
"This is a wonderful thing she has decided to do," Mayor French added, "and could be important to the growth of the community."
According to realtor Georgia Weaver, "Alta has the hottest housing market" right now; when a house goes up for sale - it is quickly gobbled up. She said she feels there are two reasons why Alta is so appealing - the quality school system and the lower taxes. She is excited about the possibility of a new housing development. "I hope the city steps up," she said.
Petersen has a great love for the community in which she grew up. A 1931 Alta High School graduate, she has made donations to the school over the years; in 2004 she donated funds to purchase the bleachers for the middle school gym.