Title
Approval of a Resolution Authorizing the City Manager to Acknowledge and Accept a Donation From The Angela J. Bowen Conservancy Foundation to be Used Solely For the Purchase of Real Property From The Estate of Margaret E. Long and to sign the Foundation's Donation Letter on behalf of the City of Olympia
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve a Resolution authorizing the City Manager to acknowledge and accept a donation from The Angela J. Bowen Conservancy Foundation to be used solely for the purchase of real property from The Estate of Margaret E. Long.
Report
Issue:
Whether to approve a resolution authorizing the City Manager to acknowledge and accept a donation from The Angela J. Bowen Conservancy Foundation to be used solely for the Purchase of Real Property From The Estate of Margaret E. Long
Staff Contact:
Mark Barber, City Attorney, 360.753.8338
Laura Keehan, Planning & Design Manager, Parks, Arts & Recreation, 360.570.5855
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
The Estate of Margaret E. Long (Seller) owns a 9.85-acre property located at 401 Kaiser Rd NW, Tax Parcel No. 12817240101 (Property). The Property is undeveloped and contains a mature stand of western red cedar, Douglas fir, big leaf maple and western hemlock. The understory consists of native vegetation and few invasive species.
Acquisition of the Property aligns with the proposed western continuation of the Capitol to Capitol Trail. The Capitol to Capitol Trail was originally envisioned by former Washington Secretary of State Ralph Munro to connect the Washington State Capitol with the State Capital Forest. The first mile-long segment of the Capitol to Capitol Trail was recently constructed at Grass Lake Nature Park.
Staff has concluded negotiations with the Seller and has prepared a Real Estate Purchase and Sale Agreement. The purchase price is $2,900,000.00. Becaus...
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