City real estate staff presented a proposed acquisition of a 10.98‑acre parcel on Treeline Avenue intended to complement recently donated Arborwood park parcels and provide space for parking, restrooms and maintenance facilities.
The matter is significant because Ward 6 currently lacks dedicated public parkland and the parcel would allow the city to expand passive park uses and control a portion of a shared lake; staff said the site is adjacent to land the city recently annexed and could be annexed into Ward 6 after purchase.
Real estate specialist Kate Borton described the property as 10.98 acres with about 7.54 usable acres; the site sits in unincorporated county land adjacent to the city annexation boundary and is being marketed for multifamily, assisted living or medical office. The listing price was $6,560,000; the city’s negotiation history reported in the workshop was: initial city letter of intent at $2,500,000; seller counter at $5,500,000; city second offer $3,250,000; seller counter $4,850,000; city final offer $3,600,000; seller countered at $3,750,000. The seller proposed a 60‑day due diligence period and offered to provide a Phase I environmental site assessment.
Borton said taxable values had increased (2024 taxable value about $2,200,000; 2025 taxable value reported as $2,489,000) and recommended the council authorize staff to place the matter on the Nov. 3 agenda for permission to advertise a public hearing and pursue closing in mid‑January.
Councilmembers expressed support for pursuing the acquisition and Borton said closing would be funded through the city’s available funds and that detailed due diligence would proceed; no final purchase was approved at the workshop, but staff said it would return with the required agenda items and public hearing documentation.