Title
Approval of an Option to Purchase a 72-Acre Parcel Owned by Gregg O. Dawley, Kristi A. Dawley, Douglas L. Dawley, Paula P. Dawley, and Shirley G. Dawley (Dawley Trust), Commonly Known as Bentridge
Recommended Action
City Manager Recommendation:
Authorize the City Manager to sign the Option to Purchase Real Estate agreement for the Dawley Trust property.
Report
Issue:
Whether to approve an Option to Purchase Real Estate that secures an opportunity for the City to purchase the Dawley Trust property for a future park site, transportation corridor, and mixed use development.
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:
The Dawley Trust owns a 71.86-acre parcel located in the 3900 block of Boulevard Road SE; Assessor's Parcel No. 11830330000 (see attachment titled Property Location Map). This parcel is immediately adjacent to LBA Park. Earlier this year, the City purchased the 74-acre D.R. Horton property (also known as Trillium/Ashton Woods) which is a portion of the "LBA Woods" and also adjacent to this parcel and to LBA Park. The Dawley Trust property is the last remaining portion of the "LBA Woods."
The City desires to secure an Option to Purchase this 71.86-acre parcel. If the City exercises that option, the intent is to use this property for three primary purposes. The majority of the property (approximately 59 acres) would be dedicated to expanding the City's inventory of park land. A much smaller portion of the property (approximately 2.8 acres) would be dedicated to the future extension of the Log Cabin Road from Boulevard Road to Wiggins Road, as outlined in the Regional Transportation Plan. The remaining portion of the property (approximately 10 acres) is located adjacent to Boulevard Road and would be set aside for development of multi-family housing, and potentially some neigh...
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