City of Ashland, Oregon / City Recorder / City Council Information / Packet Archives / Year 2004 / 06/15 / Deed Exchange
Deed Exchange
[Council Communication]
[Attachments]
Council Communication
| Title: |
Deed Exchange - Liberty Street Open Space |
| Dept: |
Legal Department |
| Date: |
June 15, 2004 |
| Submitted By: |
Paul Nolte |
| Approved By: |
Gino Grimaldi, City Administrator
|
| Synopsis: |
This deed exchange will place the city in sole ownership
of one of two parcels located at the end of Liberty Street. Kurtz and Walsh,
LLC, (Kurtz/Walsh) will become the sole owner of the other parcel. The two
parcels were originally purchased as a single lot by the city and Kurtz/Walsh
with the understanding that the lot would be split for the purpose of dividing
ownership between the co-purchasers. The partition has been finalized and
the partition plat has now been recorded. The council previously dedicated
the city's parcel as open space in December 2003. |
| Recommendation: |
Approve the deed from the city to Kurtz and Walsh Property,
LLC, and authorize the mayor to sign it on behalf of the city in exchange
for a deed from Kurtz/Walsh to the city for the open space parcel. |
| Fiscal Impact: |
None. The purchase price and partition costs have previously
been approved by the council. |
| Background: |
In October of 2002 the City of Ashland entered into a memorandum of
understanding regarding the division of real property located off Liberty
Street (Tax Lot 391E16AC-200) whereby the City Park and Recreation Department
and Kurtz and Walsh Property LLC would jointly purchase the property then
divide the property into two separate parcels. The City would acquire the
larger parcel (0.99 acre) and would dedicate it as open space. Kurtz/Walsh
would acquire the westerly parcel (0.88 acre) as a future building site.
In December 2003, the council approved the partition plat delineating the
two parcels and adopted a resolution dedicating the parcel to be acquired
in the city's name as open space. |
| Attachments: |
|
End of Document - Back to Top
|