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Finance director prepares public one‑pager on County Lake sale proceeds, insurance and tax impact
Summary
Finance director presented a draft public-facing one-pager about County Lake sale proceeds and next steps; staff continue to gather projected ad valorem tax revenue impacts and insurance cost estimates before formal public outreach and listing/sale actions
Finance Director Mark Seltner presented a draft color one‑page summary describing the County Lake property, options for sale, and what the county would do with proceeds. Staff asked for time to finalize three outstanding items before broad public distribution: projected ad valorem (property tax) revenue if the land is privately owned, annual insurance cost for the property if retained, and platting / legal work required for transfer or sale.
Seltner said he is waiting for the assessor’s tax estimate and for KCAMP (county insurance pool) to determine whether the property’s insurance charge appears on the Road & Bridge line or is separable to the County Lake parcel. Commissioners suggested the one‑pager should emphasize why the county is pursuing sale/repurposing, how proceeds would be used, and a simple statement of acreage and basic amenities for public transparency. Staff will return with the insurance and tax estimates and a recommended public-distribution plan.
