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November 24, 2020 City Council Regular Meeting | |
Title 25. Approval to Declare Surplus and Available for Sale Portion of Keystone Drive - Petition #200289 | |
Strategic Priority Good Government | |
Description Petitioner Billi Fryer is one of three property owners of Paradise Island in the Paradise Park neighborhood. Ms. Fryer has petitioned on behalf of the property owners to acquire the City right of way (ROW) leading to the homes on the island (an extension of Keystone Drive over the marsh). Georgia Code 32-7 and City Ordinance 6-105 provide authorization for the Mayor and Aldermen to declare un-needed ROW surplus and available for sale to adjoining property owners. The petition has been reviewed by Public Works and Water Resources, Development Services, Police, Fire, Planning and Urban Design and Real Estate Services. Staff recommend approval to declare this section of ROW surplus and available for sale subject to the following conditions:
The sales price of the land would be established by an appraisal from a well-qualified, MAI-designated appraiser. The petitioner(s) will be responsible for all costs associated with the proposed real estate transaction. The sale would benefit the City by reducing maintenance costs associated with the road and generating sale proceeds to the general fund. Further request authorization for the City Manager to execute a quitclaim deed and associated closing documents. | |
Recommendation Approval | |
Contact David Keating, Senior Director, Real Estate Services | |
Financial Impact Sales proceeds to benefit the General Fund | |
Review Comments | |
Attachments Exhibit 1: Map - Keystone Drive.pdf |
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