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Legacy Foundation to buy small BNSF parcel for Market Street Landing; council approves acquisition

Ottumwa City Council · February 17, 2026
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Summary

The council authorized purchase of a small adjoining parcel from BNSF to expand Market Street Landing; Legacy Foundation will fund the $7,500 acquisition and staff said the parcel will add roughly 14 parking spaces for an inclusive play space.

Council members voted Feb. 17 to authorize a real‑estate purchase agreement with Burlington Northern Santa Fe Railway Company (BNSF) that will transfer a small adjoining parcel to the city for expansion of Market Street Landing, an inclusive play space project.

Staff explained the city had been negotiating with the railroad for months and that the Legacy Foundation agreed to cover the acquisition cost. The packet originally listed earnest money at a nominal amount but staff handed out an update at the meeting: the purchase price is $5,000, earnest money $5,000 and a $2,500 brokerage fee, for a total of $7,500. "Legacy would provide a grant to the city for the full cost of the land — $7,500," the administrator said.

Kelly Jenners, identified in the meeting as president of the Legacy Foundation, attended and confirmed the foundation's commitment. Staff said the parcel acquisition will allow expansion of parking to support the inclusive play space and estimated about 14 additional parking stalls would be created.

Council approved Resolution No. 36‑2026 authorizing the city to sign the purchase agreement and accept the Legacy Foundation’s grant; staff noted the unusual earnest‑money amount and said Legacy had reviewed and accepted the change prior to the meeting.

The acquisition is intended to support the Market Street Landing project and associated grant requirements; staff said the city would accept the parcel and work with the Legacy Foundation on turning the land over for public use as part of the play‑space parking plan.