Laserfiche WebLink
DATE: <br />Mayor and City Council <br />Ron Moorse, City Administrator <br />November 9. 1994 <br />7( <br />SUBJECT: Saga Hilt Tax Forfeit Parcel Update <br />Backgicund <br />Several months ago a 9 acre tax forfeit parcel became available to the city. As with all tax <br />forfeit parcels the city had ar. opportunity to apply to acquire the land for a public purpose. The <br />City Council determined that this property could potentially be used as park land. At that time <br />the city applied to the County to obtain the property at no cost for use as park land. Subsequent <br />to the city's application the property wem through a substantial legal process to de .srmine <br />ownership. When this process was complete and the status of the property had not changed, the <br />County asiKd the city to reconfirm its interest in the properQr. <br />Since that time a number of issues have arisen related to the tax forfeit parcel. These are as <br />follows: <br />1. A developer has discussed a residential development, on approximately 30 acres, that <br />would involve an exchange of the tax forfeit parcel for a similar sized parcel in the <br />immediate area. <br />2. the residents of the area have joined together in an effort to preserve the entire area as <br />open space (approximately 40 acres). <br />3. The city is at the very beginning of a process to develop an inventory of undeveloped <br />parcels that may have a potential for preservation as park land. This inventory process <br />would include the identification of the characteristics of each parcel as the basis for <br />ranking parcels in terms of preservation priority. This process has not yet begun. <br />These issues interrelate with the tax forfeit parcel in the following ways. <br />A. The city can acquire the tax forfeit parcel in two ways: <br />1. ) Acquire the parcel for use as park land at no cost. <br />2. ) Purchase the parcel outright at the current assessed value ($40,000). The <br />decision concerning how the city acquires the parcel relates directly to whether <br />the city would be interested in the land exchange to facilitate the proposed <br />residential development.