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City to spend $645,000 to acquire three parcels for Miranda School
Summary
City staff told the committee the three parcels targeted for the Miranda School total $645,000 in appraised value: $535,000 for a four-family property, $65,000 for its associated lot, and $45,000 for a vacant lot on Massasoit Street.
Peter Garvey, director of Capital Asset Construction, told the committee the city identified three parcels needed to build the new Miranda School in Charles County and that appraisals were completed. "We landed on the 645,000," Garvey said, describing the sum intended to cover the three parcels' acquisition.
Garvey provided a breakdown: the four-family building is appraised at $535,000, the associated lot at $65,000 and the vacant lot on Massasoit Street at $45,000. He described these as "friendly takings" and said staff did not plan to acquire additional property beyond what is needed for the school footprint.
