Development Corp. Mr. Calabro stated that his company plans to purchase the Owens Farm property. A conceptual plan was presented by Mr. Calabro. Mr. Calabro stated that this development will be completed within a seven to ten year time period. The development should begin by June of 1998 and the closing date for the purchase of the property was given as the middle of March, 1998. Mr. Calabro also requested that the property be annexed into the city.
Plans are to sell lots and also develop model homes within the property.
Mr. Calabro stated that his business was established over ten years ago and he recently developed a subdivision in South Forsyth County known as Deer Lake. Mr. Calabro stated that the entrances for the property will be located on State Route 60. This community will build on the natural beauty of the property and the unique history of Dahlonega to create a spectacular area of which we all can be proud. City Attorney Doug Parks advised that the previous application for annexation of the property was made in the land owner's names and the property was to be zoned as Planned Unit Development. Mr. Parks recommended that the property be annexed in the property owner's names.