Diversion Authority to press adjacent buyers for Horace rail corridor; committee keeps south half in agency hands

The Diversion Authority Land Management Committee on July 23 directed staff to meet with adjacent property owners and attempt a two‑step sale of a disputed section of the Horace rail corridor, known in committee materials as OAN7249. The committee approved a staff recommendation to seek either (1) sale of the northern half divided into the 11 previously planned lots at the established rate of $0.50 per square foot with 10% earnest money, and to retain the southern half in agency ownership; or (2) if the north buyers decline, to move the entire corridor segment to public sale.

Why it matters: The corridor has been a recurring item for the committee since April 2024. Adjacent owners on the north side have expressed interest but not at a reduced price; one prospective south buyer withdrew. Committee members said keeping…