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Geologic And Hydrologic Factors Governing ... - Gunnison County

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<strong>Geologic</strong> <strong>And</strong> <strong>Hydrologic</strong> <strong>Factors</strong> <strong>Governing</strong> Impacts Of Development<br />

On The Crystal River Near Marble, Colorado<br />

<strong>Gunnison</strong> <strong>County</strong>, Colorado<br />

change Commission began investigations. Identified geologic hazards and other adverse publicity<br />

from many different angles exerted a serious drop in land sales and frightened away potential inves-<br />

tors.<br />

In 1973, the area was reorganized into the Marble Holding Company, Inc., with a change in man-<br />

agement and an infusion of new personnel, new consultants, new enthusiasm, and new capital. The<br />

new corporation was not successful in overcoming the myriad problems and in September 1974, pe-<br />

titioned for bankruptcy. In 1977, the Federal Bankruptcy Court attempted to liquidate the land assets<br />

in order to satisfy the many creditors.<br />

A major factor in the problems facing potential land development in the Marble area is the situation<br />

that most of the tracts did not go through the Senate Bill 35 subdivision process. That statutory sys-<br />

tem of geologic investigation by the developer’s consultant, review by the CGS, evaluation by the<br />

county staff and approval by the <strong>County</strong> Commissioners was detoured when upon bankruptcy of the<br />

developer, separate tracts of land were sold by the bankruptcy court. Lots and tracts were sold with-<br />

out warranty to land speculators, out-of-state buyers, retirees, summer home candidates, and people<br />

just wanting a beautiful piece of Colorado. Many lots have been bought and sold several times with<br />

no thought or concern for geologic hazards, access, physical water availability and quality, or septic<br />

tank suitability. Although developable lots exist in the area, many parcels present significant risks<br />

and even insurmountable problems for a home builder.<br />

951-110.000 Wright Water Engineers, Inc. Page 6

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