Title
Resolution to Approve Purchase of Park Land at 2570 Dexter Road and Appropriate $211,500.00 (8 Votes Required)
Memorandum
This resolution approves the purchase of fee title to an 0.6-acre property at 2570 Dexter Road from St. Joseph Mercy Health System.
This property is adjacent to the West Arbor affordable housing development operated by the Ann Arbor Housing Commission. Staff anticipates maintaining this property as an active area that may include basketball courts. This property and associated improvements would offer amenities to the community that are unavailable at the nearby Veterans Memorial Park. In October 2020, the Ann Arbor Housing Commission approved a not-to-exceed contribution of $75,000.00 toward the development of park amenities at this site.
An appraisal was completed for the property in October 2020, and the fair market value was determined to be $184,000. This resolution appropriates $211,500.00 from Open Space and Parkland Preservation Millage proceeds to cover the purchase price and other costs.
The purchase was reviewed and recommended by the Land Acquisition Committee of the Park Advisory Commission at its November 9, 2020 meeting.
Project Budget
Purchase Price $184,000.00
City of Ann Arbor $184,000.00 100%
Other Anticipated Costs
Estimated Due Diligence $20,000.00
Estimated Closing Costs $7,500.00
Staff
Prepared by: Remy Long, Greenbelt Program Manager, The Conservation Fund
Reviewed by: Derek Delacourt, Community Services Area Administrator
Approved by: Tom Crawford, City Administrator
Body
Whereas, Chapter 42 of Ann Arbor City Code authorizes purchases of park land with Open Space and Parkland Preservation Millage proceeds;
Whereas, St. Joseph Mercy Health System is the owner of property at 2570 Dexter Road (tax parcels 09-08-24-421-033, 09-08-24-421-031, 09-08-24-421-032) and has agreed in principle to sell the property to the City; and
Whereas, The property has been appraised as required by Section 1:320 o...
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