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Cottonwood Shores transfers water taps to land investors to lure development

DailyTrib.com Support Community Press You can show your support of a vibrant and healthy free press by becoming a voluntary subscriber. Subscribe Now The Cottonwood Shores City Council on May 6 approved the transfer of a water tap agreement to land investors for property behind Bay View Restaurant. Staff photo by Jennifer Fierro The Cottonwood Shores City Council on May 6 agreed to transfer water taps paid for 15 years ago to land investors trying to lure developers with the amenity. “The folks who own the property aren’t developers; they’re investors in the land,” Mayor Don Orr said. “They’re going to solicit developers and sell those properties to them. (The water taps) are a bargaining chip.”

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