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Officials debate Dollar Mountain parcel history and recommend appraisal to set value
Summary
County and city officials reviewed decades of Dollar Mountain transactions and auction history, noted a contested reassessment of market value, and several members recommended splitting the cost of an appraisal before pursuing any transfer or sale.
A detailed review of the Dollar Mountain parcel’s history prompted disagreement among officials and a proposal to obtain an independent appraisal to settle valuation questions.
One committee member summarized past actions: the county acquired the land through tax foreclosure decades ago, the city later purchased a 447-acre parcel in 2019 for about $1 million, and the property was subsequently listed with a minimum…
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