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Board adopts resolution to express interest in purchasing easement at Timber's Edge HOA; directs appraisals

3411101 · May 20, 2025
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Summary

The board adopted Resolution 25-02 to express interest in purchasing land described in Exhibit A (Timber's Edge HOA), authorized the purchasing agent to appoint two appraisers and provide the appraisals to the board; staff said the parcel is approximately 1.13 acres and that further steps (appraisals, offer) are required before acquisition.

The board adopted Resolution 25-02 expressing interest in purchasing the parcel described in Exhibit A related to Timber's Edge HOA and delegated authority to the purchasing agent to appoint two appraisers and present their appraisals to the board.

The motion to adopt Resolution 25-02 was made by Mr. Burton, board member, and seconded by Mr. Dietrich, board member; the motion carried on a voice vote with members present voting aye.

Staff said the homeowners association asked the board to pursue an appraisal and that approval was needed for staff to obtain the appraisals. Staff described the parcel as “a very innocuous piece of ground” and stated the size is approximately 1.13 acres. Staff also outlined a multi-step process after appraisals are obtained: the purchasing agent will obtain two appraisals, staff will average them and prepare an offer, and further steps will follow toward closing the acquisition.

Board members characterized this staff authorization as a necessary step to obtain the appraisals and move the project forward; staff said additional steps, including taking an average of the appraisals and making an offer, would come later. The board did not record a purchase price or funding source during the discussion.

The board approved the resolution and moved on to the next agenda item.