Ketchum Will Pursue Property Acquisition Alternatives

KETCHUM, Idaho – The city of Ketchum will propose a mutual agreement with Brian Barsotti and Valkyrie, LLC to terminate the contract to exchange 6th and Leadville with 290 and 298 Northwood Way. This follows a legal challenge on the exchange of properties.

The city does not believe the legal challenge has any merit. The city is not interested in spending taxpayer money fighting this challenge or embarking on a lengthy legal process. The city will continue to pursue other alternatives to secure this land and other land suitable for workforce housing.

The city finds it unfortunate that despite strong community support for this transaction, a small group of individuals used the legal process to derail a great opportunity for more workforce housing in our community.

“When we support workforce housing projects, we are building bridges to the next generation. This unwarranted legal challenge just makes me more determined to build those bridges,” said Mayor Neil Bradshaw. “I want to thank the City Council and all the people who supported this vision for housing development. I encourage us all to work together to find solutions, rather than wasting considerable energy on pursuing creative ways to block workforce housing,” added Bradshaw.