Laserfiche WebLink
n <br />TO; <br />FROM; <br />Mayor and City Council <br />Ron Moorse, City Administrator <br />DATE;October 21, 1993 <br />Ciry 5 %'Q <br />SUBJECT; Nature Conservancy Land Acquisition % <br />Recently the Nature Conservancy offered to transfer ownership of a <br />15 acre piece of property known as Lowry Woods to the City. The <br />City accepted the offer. The Nature Conservancy has requested the <br />City pay the costs of any environmental review of tl:e property, and <br />that the City pay the costs of a title commitment, and the expenses <br />of recording the deed. <br />It is recommended that City staff conduct the equivalent of a Phase <br />I environmental review, which involves researching information on <br />the history of the property to determine whether there were any <br />uses of the property that may have resulted in hazardous materials <br />being placed on the property. This process also involves a <br />comparison of the current topography with historical topography to <br />determine whether any land alteration has taken place, which could <br />also have included placement of hazardous materials on the site. <br />The City Engineer has indicated City staff is able to conduct this <br />review <br />It is recommended that the city obtain a title commitment to ensure <br />the title is free of defects, and purchase a minimum amount of <br />title insurance. The title commitment and insurance premium will <br />cost between $800 and $1,300. <br />It is also recommended the City pay the deed recording costs which <br />the City Attorney indicates will be less than one hundred dollars.