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<br />The specific level of development allowable on these properties is in dispute and the value of these <br />properties is dependant on what level of development is ultimately allowable. Appraisals have not yet <br />been performed. Consequently, it is not possible to identify the cost to the City for acquiring these <br />parcels. Depending on the extent to which the properties are developable, the total fair market value of <br />these properties likely falls somewhere between $1 million and $14 million. If the council would like to <br /> <br />discuss this valuation issue, doing so in an executive session would be recommended. <br /> <br />A memo from the Planning and Development Department providing information regarding these <br />properties’ current status of zoning and land use is included as Attachment C. A memo from the Parks <br />and Open Space Division providing information regarding the “park values” represented by these <br />properties is included as Attachment D. <br /> <br /> <br />RELATED CITY POLICIES <br />The Parks, Recreation and Open Space (PROS) Comprehensive Plan was adopted by the City <br />? <br /> <br />Council on February 13, 2006. <br />The PROS Project and Priority Plan was adopted by the City Council on May 22, 2006. <br />? <br /> <br />A Parks and Open Space Bond Measure was passed by Eugene voters on November 7, 2006. <br />? <br /> <br /> <br /> <br />COUNCIL OPTIONS <br />a. Take action as scheduled at the June 25 City Council Meeting. <br /> <br />b.Take no action. Allow negotiations to continue while specific property issues are resolved. <br /> <br />c.Direct the City Manager to schedule a work or executive session for additional discussion. <br /> <br />d.Direct staff to provide additional information as specified. <br /> <br /> <br />CITY MANAGER’S RECOMMENDATION <br />None; this is a public hearing only. <br /> <br /> <br />SUGGESTED MOTION <br /> <br />None; this is a public hearing only. <br /> <br /> <br />ATTACHMENTS <br /> <br /> <br />A.Proposed Ordinance (includes Exhibit A and B) <br /> <br />B.Memo dated May 9, 2007, from the City Attorney titled: An Overview of Condemnation Procedures <br /> and Statutory Authorization to Acquire Property for City Parks. <br /> <br />C.Memo dated May 3, 2007, from Planning and Development Department regarding the zoning, <br /> history of land use applications, and conditions of the Green and Beverly properties. <br /> <br />D.Memo dated May 4, 2007, from the Parks and Open Space Division providing information regarding <br /> the “park values” represented by these properties <br /> <br />E.Vicinity map showing location of Deerbrook PUD (Beverly) and Green Valley Glen PUD (Green) <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Johnny Medlin <br />Telephone: 682-4930 <br />Staff E-Mail: johnny.r.medlin@ci.eugene.or.us <br />L:\CMO\2007 Council Agendas\M070521\S0705211.DOC <br />