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DRAFT August 10, 1993 To: Mike Gleason From: Johnny Medlin Subject: Acquisition of Property Adjacent to Peterson Barn Community Center Chris requested that you be sent a short memo outlining the history and sta- tus on efforts to acquire the property at 3865 Royal Avenue. This .6 acre parcel is adjacent to and immediately southeast of the Petersen Barn Community Center. The property includes an older house and shop build- ing centrally located with the remainder landscaped but undeveloped. This is a parcel which the city had been trying to acquire for many years with Ed Smith performing active but unsuccessful negotiations with the elderly occu- pant. Acquisition of this parcel is critical to achieve the goals of provid- ing access to Peterson Barn from Royal Ave. and to provide visibility to the Community Center. Of course, this would require removal of the structures from this site. Acquisition of this property is listed as a medium priority proposed action on page 27 of the Eugene Parks and Recreation Plan. In addi- tion, the FY -94 CIP document lists this property as one of the possible ac- quisitions under "Park Land Expansion /Acquisition" on page III -11. Russ Ross, who is the son of the owner contacted staff and stated that his mother is ready to sell. He emphasized that while they wish the City to have the first chance, they would need to put it on the open market if something couldn't be worked out within a reasonable time. "Reasonable time" was de- termined to mean approximately 30 days. Due to this parcels location and large size, we expect the owner would have little trouble selling this parcel quickly on the open market. We anticipate it's value to be approximately $70,000 - 80,000. We have Mr. Ross' agreement that County staff is acceptable to perform the appraisal and they have estimated to have it completed within two weeks. We expect the title report to be completed in a similar timeframe. This acqui- sition meets the criteria for approximately 50% to be funded from Parks Sys- tem Development Funds with the other 50% being General Fund. Both are avail- able in sufficient amounts in the FY -94 CIP in the appropriate acquisition line items. Barring unforeseen complications we are moving forward to com- plete this acquisition as soon as the proper documentation is available and expect that to be within the latter part of the 30 day window. If you would like additional information, John Etter or I would be happy to provide any- thing you request. cc: Chris Andersen Bob amm John Etter Ken Doud