Title
Approval of an Option to Purchase Real Estate Owned by D.R. Horton, an Approximate 74 Acre Parcel Commonly Known as Trillium/Ashton Woods
Recommended Action
City Manager Recommendation:
Move to approve the Option to Purchase Real Estate from D.R. Horton consisting of 74 acres (more or less) commonly known as Trillium/Ashton Woods.
Issue:
Whether to approve an Option to Purchase Real Estate to secure an opportunity for the City to purchase the D.R. Horton property for a future park site.
Staff Contact:
Paul Simmons, Parks, Arts and Recreation Director, 360.753.8462
Mark Barber, City Attorney, 360.753.8223
Presenter(s):
Paul Simmons, Parks, Arts and Recreation Director
Background and Analysis:
SSHI, LLC (the D.R. Horton Company) owns a 74-acre parcel located at 3355 Morse-Merryman Road SE; Assessor's Parcel No. 11830420000 (see attachment titled Property Location Map). This parcel is immediately adjacent to, and east of, the City's existing 22.6-acre LBA Park. In 2013 the City purchased a 5.3-acre portion of this (originally 79.3-acre) property to locate the City's planned Southeast Olympia Water Supply reservoir.
The City desires to purchase the remaining 74-acre parcel to expand its inventory of passive open space and secure additional athletic field-oriented community park acreage, both of which can be accommodated on this site. Additional efficiencies are presented by the parcels location adjacent to the existing developed support facilities at LBA Park. In addition, field investigations indicate that athletic field drainage problems currently being experienced at LBA Park can be solved in a cost-effective manner by draining these fields into a former quarry excavation located nearby on the D.R. Horton parcel.
The D.R. Horton Company is concurrently seeking approval of a 400-lot preliminary plat for "Ashton Woods," proposing 238 single-family lots and 162 townhome lots on the same property. The D.R. Horton Company has submitt...
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