Consent 1.F.
Regular City Council Meeting
- Meeting Date:
- 12/20/2010
- TITLE
- Warranty Deed from Big Sky Florists Supply - Bannister Trail
- PRESENTED BY:
- Mike Whitaker
- Department:
- Parks/Rec/Public Lands
Presentation:
PROBLEM/ISSUE STATEMENT
In February, 2009, Big Sky Florists Supply granted the City an easement on its property for the construction of a segment of the Heritage Trail known as the Bannister Drain Trail (constructed under Work Order 06-10). The property is located south of King Avenue West and east of South 29th Street West in the Midland Subdivision Fifth Filing Amended, Lot 12-A-2, Block 3. Big Sky Florists Supply has decided to deed to the City the property on which the trail is located. Also, they will landscape this property in low maintenance, sustainable plants and grasses and will maintain the landscape for a period of 2 years (until December 31, 2012) at no cost to the City. According to Big Sky Florists Supply, this land is valued at $279,678 and the value of the landscape improvements is $35,000. The Parks and Recreation Department approves of this property being deeded to the City.
ALTERNATIVES ANALYZED
Council May:
- Accept the Warranty Deed, landscaping and 2-year maintenance from Big Sky Florists Supply; or
- Do not accept the Warranty Deed, landscaping and 2-year maintenance from Big Sky Florists Supply.
FINANCIAL IMPACT
For the initial 2 years of installation and maintenance (until December 31, 2012), Big Sky Florists Supply will cover all costs related to the landscaping and there will be no cost to the City. After this initial period, PRPL will absorb the maintenance costs into their operating budget.
RECOMMENDATION
Staff recommends that Council accept the warranty deed, landscaping and maintenance from Big Sky Florists Supply.