• June 13, 2020
UPDATE ON THE CONSERVATION FUND’S INTEREST IN
ACQUIRING THE FORMER VISTOSO GOLF COURSE
This week, The Conservation Fund (TCF) submitted a Letter of Intent to Romspen for the purchase of the Romspen property as a Nature Preserve and Community Trail. TCF, a highly regarded national non-profit 501(c)3 organization, helps make conservation projects a reality. If negotiations with Romspen are successful, TCF will provide the critical financing necessary to acquire the property and work with the Town and organizations such as Preserve Vistoso to return funds to TCF to reinvest into other conservations projects. TCF has preserved eight million acres of land throughout the U.S., with almost a million acres in Arizona. The organization, for example, expanded the Petrified Forest National Park by 25 percent and added land to the North Rim of the Grand Canyon.
We still have work to do as this is a first step to acquire the property. If negotiations for TCF to acquire the property succeed, we need to raise funds to replenish TCF’s acquisition funds. We hired GiftPro LLC a month ago to help guide our Board in fundraising efforts. We're also in the process of conducting one-on-one meetings with impacted homeowners to better understand their willingness to contribute toward purchasing the property.
TCF representatives will negotiate with Romspen. During this period we ask you not to contact TCF or Romspen representatives about the potential acquisition. We will let you know more information as it is available.
We also need to remember that Romspen paused its request to amend the General Plan and rezone the former golf course from recreational to medium and high density residential. At the end of 30 days, Romspen may pull, modify, or proceed with its application. If Romspen communicates its intent to proceed, Oro Valley staff will resume the public engagement process and reschedule neighborhood meetings for late July.
Preserve Vistoso members made this happen. Thank you for your support.