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Council authorizes sale of small city parcel on East Yonge Street for $10,000
Summary
The council authorized sale of a surplus city parcel on East Yonge Street to a nearby property owner for the appraised price of $10,000; the buyer must complete right-of-way improvements and the agreement contains a reacquisition clause if conditions are not met.
The Warrensburg City Council authorized the mayor to execute an agreement of sale for a small city-owned parcel on East Yonge Street for the appraised value of $10,000.
City Manager Michael D. Scribe said the parcel formerly held a sewer lift station and currently has no foreseeable city use; an appraisal returned a value of $10,000. The proposed buyer, Scott Rasa of Earthworks, owns adjoining property and plans site work that could incorporate the small parcel. "The buyer will install right of way improvements, street widening, curb and gutter, and sidewalk online to match the surrounding 505 East Young," Scribe said, noting he had discussed timing and coordination with the buyer and that the agreement includes a reacquisition right if the buyer fails to meet conditions.
Council asked about the timeline and whether improvements were tied to construction versus simple grading; staff said the improvements were intended to be simultaneous with adjacent property improvements and that they opted not to impose an arbitrary deadline. The sale proceeds would be recorded as miscellaneous revenue in the general fund, staff said. The council voted to adopt the ordinance authorizing the sale.
