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Hayden council endorses offer to buy 3.2 acres by airport, declares 4.85-acre site surplus and hires appraiser
Summary
Council voted to send an offer letter to Kootenai County to purchase about 3.2 acres (Lakes Highway District facility), declared about 4.85 acres off Dakota Street as underutilized and authorized Valbridge to set a minimum selling price.
Hayden City Council on Feb. 25 authorized staff to send an offer letter to Kootenai County for the purchase of approximately 3.2 acres commonly known as the Lakes Highway District facility adjacent to the airport, and took two related actions: the council declared roughly 4.85 acres of city-owned property off Dakota Street as underutilized and authorized a third-party appraisal engagement with Valbridge Property Advisors to establish a minimum selling price.
Council members discussed the background: the city owns two buildings on the 3.2-acre site but not the underlying land. The county had provided an interest letter and a recent market…
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