ANKENY CITY COUNCIL

Regular Agenda

February 19, 2018
5 : 30 PM
Gary Lorenz, Mayor
Mark Holm, Mayor Pro tem
Council Members: Bobbi Bentz, Jim McKenna, Kelly Whiting, Kerry Walter-Ashby
Print
ORIGINATING DEPARTMENT: COUNCIL GOAL:
Economic Development Ankeny as a Successful Business Center
ACTION REQUESTED:
Resolution
LEGAL:
Item Reviewed by Legal Counsel
SUBJECT:

Consider motion to adopt RESOLUTION fixing a date for a public hearing to consider the approval and authorization of the sale of the abandoned sewer treatment site located on SE Creekview Drive from the City of Ankeny to Midwest Radio, Inc. (date of hrg: 3/5/18 @ 5:30 p.m.)
EXECUTIVE SUMMARY:
This approximately 3.6 acre parcel is located north of Airgas along the west side of SE Creekview Drive, east of I-35.  It was obtained by the City for use in the sewer treatment process, but has not been used for such purposes in approximately 15 years.  In 2017, IDOT acquired a portion of the west side of the property for the I-35 widening project; the north, east and south sides of the property are adjacent to property owned by Midwest Radio, Inc., the prospective buyer.  Midwest Radio, Inc., has submitted a purchase agreement to the City for the remaining property.  The agreement includes the buyer assuming responsibility for the demolition of the abandoned sewer infrastructure and restrictions on specific land uses currently allowed in the M-1 district.   
FISCAL IMPACT: Yes

The property will be sold for the fair market value of $2.70 per square foot, subject to survey, less $44,000 for demolition costs. The property will contribute to the City's tax base following the transfer of ownership.
CITY MANAGER'S RECOMMENDATIONS:
To approve setting the public hearing for March 5, 2018.
PREVIOUS COUNCIL/COMMISSION/BOARD ACTION(S):

No formal action has been taken on this item; however the terms were discussed during two separate closed session meetings with the City Council.
PUBLIC OUTREACH EFFORTS:
ACTION REQUESTED:
ADDITIONAL INFORMATION:
ATTACHMENTS:
Click to download
Resolution - Set Hrg - Sale of Property
Notice of Hearing - Sale of Property