Agenda Item Title:
Authorize Public Works Director to Accept and Record Deed for Transfer of Floodway Property from the Estate of Carl Schuler, Jr. to the City of Rapid City, With a Purchase Price of $11,500.
Origination Group:
Public Works Committee
Origination Meeting Date:
10/13/2020
City Council Hearing Date:
10/19/2020
Staff Contact:
Brandon Quiett
Location:
Melody Ln and Elk Vale Rd
Agenda Item Summary:
The subject property is entirely encompassed in floodway, making development potential very unlikely. The City has a Floodplain Policy which states that the City shall evaluate floodplain property for purchase whenever possible. The purchase price is $11,500.00.
Funding Source & Fiscal Impact (if applicable):
Funding | Cost Center |
---|---|
609 | 7403 |
Is Funding Budgeted?:
Budgeted
Recommendations:
Origination Recommendation Action:
Approve