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File #: 20-0856    Version: 1 Name: 7/6/20 Purchase of Fee Title to Boss & Bull Holdings
Type: Resolution Status: Passed
File created: 7/6/2020 In control: City Council
On agenda: 7/6/2020 Final action: 7/6/2020
Enactment date: 7/6/2020 Enactment #: R-20-236
Title: Resolution to Approve a Participation Agreement with Washtenaw County Parks and Recreation Commission and Appropriate $73,593.00 for Purchase of Boss & Bull Holdings LLC Property (8 Votes Required)
Attachments: 1. Boss and Bull Holdings LLC Aerial Map.pdf, 2. Boss and Bull Holdings LLC Protected Map.pdf, 3. Boss Bull Holdings LLC Scoring Sheet.pdf
Title
Resolution to Approve a Participation Agreement with Washtenaw County Parks and Recreation Commission and Appropriate $73,593.00 for Purchase of Boss & Bull Holdings LLC Property (8 Votes Required)
Memorandum
This resolution approves a participation agreement with Washtenaw County Parks and Recreation Commission for the purchase of fee title to approximately 27 acres of land owned by Boss & Bull Holdings LLC, located in Northfield Township. The resolution also appropriates $73,593.00 from the Open Space and Parkland Preservation Millage proceeds for the purchase.

Washtenaw County will become the fee title holder of the property and add the property to its Northfield Woods Preserve. Northfield Woods Preserve is a 81-acre publicly accessible nature preserve with a parking lot, trails, and signage.

Boss & Bull Holdings LLC Property, Northfield Township
The property is approximately 27 acres with access from Joy Road. This acquisition, along with the adjoining Northfield Woods Preserve, would create an uninterrupted 108 acres of publicly accessible protected land in the area.

Washtenaw County Parks and Recreation Commission commissioned an appraisal which was completed March 5, 2020. The fair market value was determined to be $221,000.00 for the fee title to the property. The tables below detail the financial contributions from partners. The resolution approves an appropriation of funds for 33% of the total purchase price, not to exceed $73,593.00, from Open Space and Parkland Preservation Millage proceeds. Washtenaw County will own the property and cover all due diligence and closing costs.

Approval of the Participation Agreement and appropriation of funds for the purchase of fee title was recommended by the Greenbelt Advisory Commission at their June 4, 2020 meeting. The Greenbelt Advisory Commission recommended the purchase due to the quality of natural areas on the property, the property's proximity and connectivity to other protected land, and the...

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