Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Real Estate topic
No spam. Unsubscribe anytime.
City to buy former Midvale Elementary site for $4.933 million to preserve parkland
Summary
Council approved a purchase agreement to acquire roughly 10.41 acres formerly occupied by Midvale Elementary for $4,933,000 to permanently incorporate the land into Midvale City Park; the city waived due diligence and expects closing around June 16, 2025.
Erinn Summers presented a proposed purchase agreement with Canyons School District to buy approximately 10.41 acres formerly used by Midvale Elementary at an appraised value and purchase price of $4,933,000. Key contract terms included earnest money of $49,330 due within five days, an expected closing on or around June 16, 2025, and a waiver of due diligence because the city has managed the property for over a decade.
Summers said the City has invested in amenities there (pickleball courts, basketball, splash pad) and characterized the parcel as having "become a vital extension of Midvale City Park." The council approved Resolution No. 2025-R-24 authorizing the Mayor to sign the Sale and Purchase Agreement.
