Title
Approval of Resolution Authorizing the Purchase of Real Estate Owned by James L. Zahn and Sandra L. Zahn
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the resolution authorizing the City Manager to execute all documents necessary to acquire 83 acres of real estate from James L. Zahn and Sandra L. Zahn.
Report
Issue:
Whether to approve the purchase of real estate from James L. Zahn and Sandra L. Zahn for a future park site.
Staff Contact:
Jonathon Turlove, Associate Director, Parks, Arts and Recreation, 360.753.8068
Mark Barber, City Attorney, 360.753.8338
Presenter(s):
Jonathon Turlove, Associate Director, Parks, Arts and Recreation, 360.753.8068
Background and Analysis:
James L. Zahn and Sandra L. Zahn (Sellers) own a 83.01-acre property located at 3323 Yelm Highway SE, Assessor Parcel No. 09330005000, 09330005001, and 09330008002 (see attached Property Location Map).
Should the Council approve the purchase of the property, currently owned by the Zahn family and leased to Spooner Berry Farms, the 83 acres would be preserved for future public use as a community park. The community park could include an array of recreational amenities, including soccer fields. The purchase price is $10.7 million. Staff has concluded negotiations with the Seller, and has prepared the Real Estate Purchase and Sale Agreement attached to this staff report. The purchase price is $10.7 million.
The community identified the acquisition of a large, community park site for soccer fields as a high priority in the 2010 and 2016 Parks, Arts and Recreation Plans. In the City's 2014 Community Park Suitability Assessment, the Yelm Highway parcel stood out as the preferred site to purchase for a new community park. The assessment identified and evaluated all the remaining undeveloped parcels large enough for a community park within the City and its Urban Growth Area.
There are no formal plans in pl...
Click here for full text