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Memorandum 15-059 Mental Health Land Trust - Spit Property Purchase
Memorandum ID:
15-059
Memorandum Status:
Information Only
Details
Memorandum 15-059
TO: Mary K. Koester, City Manager
FROM: Carey Meyer, Public Works Director
DATE: April 22, 2015
SUBJECT: Mental Health Land Trust – Spit Property Purchase
Attached are maps that show the Icicle Seafood Lease area, as it is currently platted, with the property owned by the Mental Health Land Trust superimposed.
The property in this area has been platted without consideration for Trust property ownership.
This issue came to light as Public Works investigated property ownership in the area (in preparation for obtaining an easement for the Coal Point Trail).
To resolve the issue, the City has proposed to purchase the Trust property to gain undisputed ownership of this block of lots. The Trust has agreed to pursue a negotiated price sale.
This area cannot be used to its highest and best use without resolving the ownership issue.