ITEM TITLE:
title
#21-09 - Approval to Sell by Negotiation a 200 Acre Parcel of City Owned Land Within ASLS 79-116 to Valdez Property Co, LLC.
body
SUBMITTED BY: Paul Nylund - Senior Planner/GIS Technician
FISCAL NOTES:
Expenditure Required: N/A
Unencumbered Balance: N/A
Funding Source: N/A
RECOMMENDATION:
rec
Before approving this resolution, City Council must determine whether or not a sale by auction or bid for this parcel is in the public's best interest.
Staff does not recommend approval of a negotiated sale of this land at this time for the following reasons:
1. Staff recommends that land sales in this area are conducted via public sale by sealed bid or auction, unless further evidence is provided that a negotiated sale is in the public's best interest. Council may, per VMC 4.04.040, establish development requirements for property sold via public auction or sealed bid.
2. The city is currently developing a much-needed Comprehensive Plan revision and its scope will include future land use in this area.
3. The proposed development is not in conformance with the current Comprehensive Plan and there is no master plan for the area. It is zoned Heavy Industrial, and the proposed residential and commercial development is not compatible use with the current zoning designation.
4. There is no platted access to this location. The area is currently accessed over a four-wheel-drive trail. Development of an access road will require large capital investment. The City of Valdez is in the process of selecting a contractor to complete a study to determine the best route for access to this area. The study is expected to be completed in the summer of 2021.
5. No development plan or feasibility study of the proposed development has been submitted.
At their regular public meeting on October 28th, 2020, the Planning and Zoning Commission did not approve a recommendation to Council in favor of selling this property. The vote was as follows: 2 yeas, 2 nays, 1 re...
Click here for full text