Bill Type and Number: Ordinance 2007 - 248

Sponsor: Council President at the request of the Mayor

Date of Introduction: February 26, 2007

Committee(s) of Reference: R, F, A, TEUS

Date of Analysis: March 2, 2007

Type of Action: Declaration of surplus & approving the transfer of real property

Bill Summary: The bill declares a parcel, RE # 160683-5065, to be surplus to the City's needs and authorizes the Administration to convey the land to the Riverwoods Owners Association at no cost.

Background Information: At any earlier data, the developer of the Riverwoods Subdivision was prohibited from building on a few parcels when it was discovered that the property was the site of an Indian burial mound. The developer subsequently stopped paying taxes and the parcels reverted to the City for non-payment of taxes. In 2005, the Riverwoods Owners Association requested (2005-663) that two of the parcels be donated to their Association so that they would be able to maintain the parcels. The Riverwoods Owners Association now wishes to consolidate this third parcel into the two other adjacent properties. The land is in District 1.

Policy Impact Area: Historic preservation/real estate

Fiscal Impact: Undetermined

Analyst: Weiss