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Owasso staff discuss purchase of ~187 acres for Ranch Creek Trail; offer accepted at $200,000, land largely floodplain
Summary
City staff described a proposed purchase of about 187.3 acres for the Ranch Creek Trail project; staff reported an appraisal at $337,000, an accepted offer of $200,000, and that the parcel is largely floodplain and floodway; transportation tax funds would pay the purchase price.
City staff discussed a proposed land purchase to expand the Ranch Creek Trail system, describing a 187.314‑acre tract south of McCarty Park and north of East 76th Street North and Mingo Road as the intended purchase.
Roger Stevens said an appraisal done in February 2025 valued the land at $337,000 (about $1.80 per acre in the appraisal text, recorded as $337,000 total), and staff made an offer of $200,000 (approximately…
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