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JETCO board accepts donation of property from Excelsior Foundation
Summary
At its regular meeting the JETCO board voted to accept a donation of real property from the Excelsior Foundation and authorized preparation of a deed and payment of filing fees; the board also asked staff to finalize payment arrangements before closing the transfer.
The JETCO board voted to accept a donation of real property from the Excelsior Foundation and authorized staff to prepare a deed and pay required filing fees. The motion set an effective date (noted in discussion as January 1) and was seconded; the chair called the vote and stated the motion carried.
Board members and foundation representatives said the donation traces to a charitable gift deed from members of the Bettelheim and Eldridge families conveyed to the Excelsior Foundation. Mary Anne, speaking for the foundation, said the foundation’s board previously voted to accept the Bellheim property and to deed it to JETCO, and she summarized the multi-year transfer process that culminated in the current gift offer. "That was prior to my being on the board," Mary Anne said, describing a foundation vote on Aug. 19, 2024 to accept and to deed the property to JETCO.
Board discussion clarified that prior title and mapping work had been done and that locating some parcels may require consulting older city maps; one speaker noted some parcels might not be mapped in the appraisal district and a few could be in the river. The board and foundation representatives thanked each other and said they would conclude the transaction once payment arrangements were finalized.
The vote as recorded in the meeting transcript was called after the motion was made and seconded; the chair stated the motion carried. The transcript does not report an individual roll-call tally in the audio excerpt.
