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Council authorizes market listing of North Mountain parcel for potential multifamily housing
Summary
Council authorized staff to list and market a 0.333‑acre surplus parcel in the North Mountain Zone for sale, with staff recommending residential multifamily as the highest and best use; councilors discussed appraisal age, capital fund accounting, and use of a listing agent (Bang Realty).
The City Council authorized staff to proceed with a market‑based sale of a 0.333‑acre surplus parcel in the North Mountain neighborhood, describing it as developable for multifamily housing under current zoning.
City staff told the council the parcel could potentially accommodate four or more units and that utilities would need to be brought to the site. Planning performed a pre‑application indicating multifamily residential is feasible; staff recommended listing the property (bundled with another city parcel) and using the city’s contractual listing agent, Bang Realty, to conduct a statewide listing. Councillors pressed staff on the age of prior appraisals, whether proceeds would be recognized as unbudgeted revenue and how those funds would be appropriated (capital fund vs. general fund). Staff said sale proceeds would most likely go into the capital fund and be appropriated through a budget supplemental when a project is identified.
Councillor Schearell moved to authorize a market‑based sale of Tax Lot 100 (assessor map 391E04AD), using a listing agent; the motion passed on roll call. Councilors emphasized the need for subsequent decisions about how sale revenue should be applied to capital priorities and noted follow‑up budget policy discussions would be necessary.
