Title
Resolution to Approve Exercise of a Right of First Refusal to Purchase the Botsford Property in Partnership with Washtenaw County and Authorize a Contribution of up to $202,500.00 (3015 Miller Road) (8 Votes Required)
Memorandum
The Botsford Property at 3015 Miller Road in Scio Township consists of two parcels totaling approximately 20 acres. The property is within the Greenbelt District. Scio Township presently holds a conservation easement over approximately one half of the property, which allows for public access. In the past, there was discussion about acquiring fee title to the property, so the City obtained a right of first refusal.
Per the terms of the right of first refusal, the owner of the Botsford Property has informed the City of a pending sale. Under the right of first refusal, the City has the option to purchase the property upon the same terms as the pending purchaser. The current pending sale price is $350,000.00.
The Washtenaw County Parks and Recreation Commission has indicated a willingness to contribute one half of the purchase price toward purchase of this property, in expectation that the County would take fee ownership of the parcel. Staff recommends County ownership of this parcel because it is outside the City limits and is adjacent to an existing County nature preserve, which would allow the County to manage this as a contiguous area.
Body
Whereas, The Botsford Property consists of two parcels in Scio Township, Tax Identification numbers H-08-24-225-001 and H-08-13-300-22;
Whereas, The City holds a right of first refusal on a portion of the Botsford Property;
Whereas, The owner of the Botsford Property has notified the City of a pending sale for $350,000.00 for the entire property;
Whereas, City Council has reviewed a recent appraisal of the property and the sale price does not exceed the appraised value; and
Whereas, Under the terms of the right of first refusal, the City has the right to purchase the property upon the s...
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