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RDA discusses Mercury Marine purchase; city, utility easement talks remain unresolved
Summary
Redevelopment officials updated the board on negotiations with Mercury Marine over a city-owned parcel intended for parking; the trust issue centers on ATC transmission easements that cross the property and could limit future development unless recorded before sale.
City staff told the Redevelopment Authority that negotiations with Mercury Marine over the sale of a city-owned riverfront parcel adjacent to Mercury Marine remain in progress because of utility easement issues with ATC.
Economic development staff said ATC's overhead transmission lines cross the parcel and, while the lines have been in place for more than 10 years, no recorded easement exists on the city's title. Staff…
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