Item Text

F-4. DECLARE/SELL EXCESS PARCEL- NEW RIVER DAM Request the Board of Directors to authorize the Flood Control District of Maricopa County (District) to sell excess parcel (as listed below) beginning in FY 2010-2011. The District will utilize its Disposition Program, continuing to evaluate and analyze the best potential of leasing or sales of all real property based on prevailing market conditions. The sale price will be fair market value, to be determined by a certified licensed appraiser, either at the start point of an oral auction, or, in the event of a sale to a municipality, at fair market value without an auction. If an auction takes place, District staff will sell the parcel in compliance with ARS §9-402, which mandates that an invitation for bid be published for the sale of all real property. This portion of FCD Parcel NRD-001 is a vacant parcel of land located upstream of New River Dam Dike #1 in Peoria, consisting of 13.52 acres +/-. The District has obtained approval to sell from the Army Corps of Engineers as required. The City of Peoria wishes to purchase this property for their Lake Pleasant Parkway widening project. A deed restriction will limit the use of the property to public purposes only. This item is located in Supervisory District 4. (C-69-11-020-8-00)