MEMORANDUM

DATE:  Ashland City Council
TO:  Don Robertson, Director
FROM:  February 11, 2004
RE: 755 Oak Street

ACTION REQUESTED
Approve purchase of property at 755 Oak Street.

BACKGROUND
On December 15, 2003, at its regular meeting, the Ashland Parks and Recreation Commission reviewed and approved the agreement to purchase the property located at 755 Oak Street.

This parcel of property was identified during the planning of the Open Space Master Plan. The plan called for purchase of properties located along Ashland Creek for a future trail connection and riparian preservation. The plan also designates that all properties purchased will be negotiated with willing sellers at fair market value. Staff negotiated for the property purchase and an additional easement across adjacent property owned by the same family.

The purchase will include 200 feet of creek frontage along with the additional 150 feet of pedestrian access easement along the creek. One stipulation of the easement is that it will not be active until 2014. Total acreage will be slightly less than an acre.

The price of the land, easement, and survey costs will be $63,400. This price is very comparable to other similar property purchases.

The Commission recommends approval of the purchase of the property located at 755 Oak Street and the adjacent easement.

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