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January 18, 2018 City Council Regular Meeting
Title
14. Motion to Approve Acquisition of Lot on E. 58th Street (PIN: 2-0097-38-003)
Description

Recommend approval to acquire a vacant lot located at E. 58th Street (PIN: 2-0097-38-003) in support of a park development in the Sackville Neighborhood. This acquisition is one of several lots targeted to expand a park site.  The subject property is a 40’ x 105’ residential vacant lot located on the E. 58th just east of Cedar Street, in Sackville Wilkins Ward, further identified by the Chatham County Board of Assessors as Property Identification Number (PIN) 2-0097-38-003.  The current owner is Mr. Bryant Greene.

The City and Mr. Greene have negotiated the Purchase and Sale of the property based on the terms that include a purchase price of $12,100 based on appraised values performed by a State Certified Residential Appraisal obtained by the City and a State Certified Residential Appraisal obtained by the Seller.

Staff recommends approval to acquire the vacant land located at E. 58th Street (PIN: 2-0097-38-003), and authorization to execute a contract for the negotiated purchase price of $12,100.

Recommendation

Approval

Contact
David Keating, Director of Real Estate Services
Financial Impact
$12,100 plus closing costs to District SPLOST account 311.9207.52842.RE0129
Review Comments
Attachments
E 58th Street Map.pdf
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