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AGENDA ITEM <br />Item No.: 8 Date: July 10, 2017 <br />Item Description: Purchase of Tax Forfeited Parcels for Future Public Purpose. <br />Presenter: Jeremy Barnhart, Community Agenda Consent Agenda <br />Development Director Section: <br />1. Purpose. The purpose of this action item is to gain approval to purchase one undeveloped parcel for <br />the purpose of possible road, trail, or utility connection. <br />2. Background. Outlot A of Peterman 2nd addition, the subject parcel, is a 50 foot wide parcel (23 acre) <br />at the north end of Golden View Drive. It lines up with Outlot B of Meyer Dairy Addition. Neither <br />outlot is improved. <br />Outlot A is in the tax forfeited process, and the county has reached out to the city to determine interest in <br />obtaining the parcel. Estimated costs are $88.00. <br />It is obvious that the parcel was configured to accept future extension of Golden View Drive, potentially <br />linking Golden View with Silver View Drive to the north. It is advantageous to the city to obtain <br />ownership of these parcels, as they facilitate future desired road, trail, or utility connections. It is <br />extremely difficult and costly to acquire property for these purposes in the future. <br />If the city does not acquire the parcels, purchasers would likely be limited to adjacent property owners. <br />3. Cost. Costs have been estimated at $88.00. <br />4. Funding. The acquisition may be funded through the General Fund. <br />5. Staff Recommendation. Staff recommends authorization of funds to purchase the parcel. <br />COUNCIL ACTION REQUESTED <br />Motion authorizing payment to acquire .23 acres at the north end of Golden View Drive. <br />Exhibits <br />Exhibit A. Map of Area <br />Exhibit B. Cost estimate <br />Prepared By: J. Barnhart <br />Reviewed By: J. Barnhart <br />Approved By: W <br />