Caveat Emptor – meaning



Caveat Emptor is a Latin term that means “let the buyer beware.” Similar to the phrase “sold as is,” this term means that the Buyer assumes the risk that a product (or land) may fail to meet the Buyer’s expectations. In other words, the principle of caveat emptor serves as a warning that Buyers have no recourse with the Seller if the product does not meet their expectations.

This principle is particularly useful to neighbors who purchased or inherited their land AFTER the 2012 land redesignation at Chinook Ridge.  The obligation to check the zoning on neighboring properties was/is the obligation of their realtor or themselves PRIOR to purchasing their property.

The term is actually part of a longer statement: Caveat emptor, quia ignorare non debuit quod jus alienum emit (“Let a purchaser beware, for he ought not to be ignorant of the nature of the property which he is buying from another party.”) The assumption is that Buyers will inspect and otherwise ensure that they are confident with the integrity (and zoning for nearby properties) of the product (or land, to which it often refers) before completing a transaction.

Caveat Emptor in Practice
Under the principle of caveat emptor, for example, a consumer who purchases a coffee mug and later discovers that it is the color blue and not red as they wanted. Had they inspected the mug prior to the sale, they may have changed their mind and not mad the purchase.

Alberta Environment and Parks – Water License

It is a license conditional to other matters but this is extremely good news and there were no appeals filed.  One small step for man, one GIANT step for this woman.  Stay tuned!

Audio from the 2012 Hearing – Brad Carter, Neighbor and Business Owner

For the benefit of those unable to attend – this 4-minute audio is of neighbor and business owner, Brad Carter, speaking in support of the Land Redesignation and eventual development of Chinook Ridge Lodge & Golf Course.

Neighbor, Randy Harnack’s Letter and Audio – 2012 Redesignation Hearing

Randy Harnack speaking and writing in support of both Land Redesignation and development of Chinook Ridge Lodge & Golf Course.  Unfortunately, during the Redesignation Hearing, the Rocky View County staff lost the photographs discussed in this audio so those are unavailable but here is the 4-minute audio portion of the Hearing.  The letter they are referring to is below and as Randy Harnack mentions in his letter there were other local area farmers who declined to rent the land due to its topography, small fields, and rock outcroppings or wetlands.

Audio of RVC’s Administration – purpose of Redesignation

This audio clip is extremely important as you can listen to the Administration’s 3-minute opening remarks and description of the purpose for the Redesignation application- to develop Chinook Ridge Lodge & Golf Course.  The speaker is Rick Michelanko, RVC Planner.  Chairing the Hearing was Reeve Ashdown.

Audio of John Ablett – Redesignation Hearing

Audio of John Ablett, business advisor, economic development specialist, and elected official speaking on behalf of the redesignation application and development of Chinook Ridge Lodge & Golf Course.

Audio of Kathy Fenton, local area Business Woman

This 5 1/2 minute audio is of Kathy Fenton, owner of Fenton Bus Lines, Fenton Quarter Horses, and local landowner speaking in support of the Redesignation of the land and development of Chinook Ridge Lodge & Golf Course.

Not Farmland – huge sandstone slabs

The sandstone slabs on this post all came from an area measuring 40′ X 80′ on my land, they were 3 to 6″ from the surface of the soil.  Slabs like this run throughout the land.  Some are at the surface, and some just below.  The only way they could be moved was with a large track hoe.  It may be difficult to get a perspective on size.  The ones standing upright – like the first two photos are half-buried in the ground to stabilize them.

 

This is my center island there are 5 slabs in this pile.  The one in the front left measures 4′ by 5′ by 8″ thick ABOVE ground.  Half of this slab is buried below ground to stabilize it.  The one on top is 4′ by 3′. also 8″ thick. The one on the top left measures about 8′ by 4′.

Also in the center island.  This is a small one measuring about 4.5′ wide.  It is 7′ long but half of it is buried to stabilize it.

The sandstone boulder sits at the entrance to my yard and came from the same source as those above.  It measures 4′ x 4′ overall and is about 3′ thick.

These are relatively small. the bottom measuring 3′ by 1.5′ and 1.5 by 1.75.  Same source.  These boulders run throughout the land making it impossible to farm or it wrecks the machinery.

AEP & Ground Water (well) Registration

Now deep into the registration process – the application was made almost 3 years ago – we are finalizing the process.  AEP wanted an updated Q20 – consisting of 48 hours of pumping and 48 hours of recovery.

“A 48-hour pumping test was conducted on Chinook Ridge’s supply well (GIC ID 2090656) from September 15 – 19, 2020 by personnel from Wild Rose Water Wells. Water levels were measured in Chinook Ridge’s supply well, two observation wells on Chinook Ridge property, one well on Jim Davies’ property and one well on Karen Singer’s property.”

The results were that the Singer well is not connected to the Chinook Ridge well.  The Davies well may or may not be connected as the pump test results showed no correlation in drawdown.  The full report can be viewed under the ‘2020 Water Rpt‘ tab on this website.

Substituting in the above values a 20-year safe yield (020) of 135.4 m3/day (20.6 imperial gallons per minute or 49,455 m3/year) is calculated. The analysis indicates the well is capable of supplying water at a rate of 20.6 igpm, which is greater than the tested rate of 12.0 igpm. The safe yield for the well is nearly double the license application volume of 26,982 m3/year, allowing for potential growth in water demand at a later date.

SUCCESSFUL – Land Use Redesignation Hearing – Bylaw C-7188-2012

On November 6, 2012, RVC Council passed Bylaw in a 7/2 vote redesignating the land to Business, Leisure & Recreation (B, L & R) for the purpose of building an 18-hole golf course, a 21 room hotel with a banquet hall for 500, 15 RV Stalls, and 15 campsites (with spa, spike room, etc).  Here are Council’s comments:

And the Bylaw Passed!