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Council rejects $215,000 offer for downtown surface lot amid contamination concerns and long-term value debate
Summary
Council declined a $215,000 offer to buy a downtown Fifth & Jackson surface parking lot after staff reported soil contamination and a cost-benefit analysis showing higher long-term value to the city if retained; the motion to approve the sale failed following a divided council vote.
City staff presented an offer April 7 to sell a city-owned surface parking lot at Fifth and Jackson for $215,000. A limited site investigation showed volatile petroleum compounds and several metals at concentrations of concern (including chromium above state risk levels), and staff warned that remediation costs could be substantial if excavation is required.
Deputy city manager Braxton Coffee summarized marketing efforts and broker analysis: the city obtained a listing and an offer; the broker set a listing price of $215,000. The prospective buyer intends to continue using the property as…
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