Item Text

F-5. DECLARE/SELL EXCESS PARCEL Authorize the Flood Control District (District) to sell excess parcel (as listed below) beginning in FY 2011-2012. 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 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 market value without an auction. If an auction takes place, District staff will sell the parcel in compliance with A.R.S. §9-402, which mandates that an invitation for bid be published for the sale of all real property. FCD Parcel: FP-048 – APN - Portion of 401-28-004B FP-048 is a vacant parcel of land located on Old US Highway 80, east of the Hassayampa River in Palo Verde, consisting of 0.84 acre +/-. The parcel was acquired as part of the Flood Control District’s Floodprone Properties Assistance Program (FPAP), and is not needed by the District for flood control purposes. An adjacent land owner has expressed interest in purchasing the parcel. This Agenda Item impacts Supervisorial District 4. (C-69-12-003-8-00)