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Owasso council approves purchase of 187-acre tract for Ranch Creek Trail
Summary
The Owasso City Council approved a $200,000 purchase of a 187.314-acre tract from the Larkin Bailey Foundation for the Ranch Creek Trail, with funding from the transportation tax fund; the parcel lies in the 100-year floodplain and closing is set no later than Dec. 30, 2025.
Owasso’s City Council voted to buy a 187.314-acre tract from the Larkin Bailey Foundation for $200,000 to support the Ranch Creek Trail project.
Roger Stevens, presenting the proposal on behalf of staff, said the tract is located just north of East 76th Street North and Mingo Road and “it is within 100 year and a flood plain and a floodway.” He told the council the parcel complements city-owned land donated by the Bailey Trust about 10 years ago and that the foundation’s new trustees chose to sell rather than donate.
The contract summary presented to the council lists the purchase price as $200,000 (about $1,069 per acre). Closing is to occur on a mutually agreed date but “no later than 12/30/2025,” and the seller must pay any special assessments at closing. The buyer must place a memorial bench in a location that will not interfere with utilities or drainage, per the contract terms. Funding for the acquisition was identified as available in the city’s transportation tax fund.
Council members questioned whether the parcel has been annexed and about its zoning. Stevens said the property has not yet been annexed and that annexation would be forthcoming; he also said he was not certain of the current zoning status.
A motion to approve the land purchase contract passed on a recorded vote. The clerk called roll and recorded affirmative responses for the members present. The contract authorization includes payment of $200,000 and authorization for staff to execute all necessary documents.
Why this matters: The acquisition links to the Ranch Creek Trail planning and is intended to allow construction of trail segments that connect with existing city-owned lands. The property’s location in a floodplain and floodway may shape future design and permitting requirements.
Next steps: Staff will proceed with closing arrangements and subsequent annexation and zoning processes as needed; the council record indicates the closing deadline no later than Dec. 30, 2025.
