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March 29, 2018 City Council Regular Meeting | |
Title 31. Motion to Approve Acquisition of Lot on E. 58th Street in Support of Edgemere/Sackville Park Development | |
Strategic Priority Neighborhood Revitalization | |
Description The City is seeking to acquire a vacant lot located on E. 58th Street (PIN 2-0097-38-002) in support of a park development in the Sackville Neighborhood. This acquisition is one of several lots targeted to expand a park site, identified as part of the Savannah Shines initiative, which in the first phase aims to revitalize the Edgemere/Sackville neighborhood east of Waters Avenue. The subject property is a 120-foot by 105-foot residential vacant lot located on E. 58th Street just east of Cedar Street, in the Sackville Wilkins Ward, further identified by the Chatham County Board of Assessors as Property Identification Number (PIN) 2-0097-38-002. The current owner is Mr. Michael Moore. The City and Mr. Moore have negotiated the purchase and sale of the property at a purchase price of $30,000.00. The appraised value of the property is $27,500. 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 $30,000. | |
Recommendation Approval | |
Contact David Keating, Director of Real Estate Services | |
Financial Impact $30,000 in District 3 neighborhood SPLOST funding | |
Review Comments | |
Attachments Map of E. 58th Street.pdf |
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