Should the city spend $2.1 million to buy 78 acres at the end of York Road?
Here’s the report on the property from the City’s GIS system: Feener Property.
A couple of observations:
- The land was bought in October of 2006, eleven months ago, for $450,000. The developer now wants the City to buy it for $2.1 million? And the City Commission is taking this idea seriously?
- The land is NOT lakefront. The southwest corner touches the Cedar Creek inlet, which is mostly a mud flat.
- Its steep, not flat. The flattest part is the southwest corner closest to the creek, but even here, it rises 40 feet vertically in 627 feet horizontally. My calculator makes that a 6.4% slope. Just as a reference, the “runaway truck” slope on I-24 over Monteagle is a 5% grade. Across the eastern third of the parcel, it rises from 500′ to 615′ over a distance of 1205′ — a 9.5% slope. This might make a dandy nature preserve… but its not very well suited for ball fields.
And the City Commission needs a committee to evaluate this proposal?