New Search
ClJL- <br />~: <br />March 6, 2008 <br />Russ Royer <br />Senior Real Property Officer <br />Public Works Engineering <br />858 Pearl Street <br />Eugene, OR 97401 <br />Dear Mr. Royer, <br />Thank you for providing us a copy of the appraisal report on the subject property located west of <br />Interstate 5 and south of Lane Community College, which is owned by Arlie & Company. <br />After reviewing the report, we are willing to sell to the City of Eugene the 200 acres at the appraised <br />value of $15,000 per acre, or $3 million. In an effort to support the extension of the ridgeline trail <br />from Skyline Park (Mount Baldy) to Lane Community College, Arlie & Company is willing to donate to <br />the Parks Division 20% ($600,000) of the final sale price of the property. The City may use this <br />donation for any park-related purpose, such as land acquisition, natural resource restoration, or <br />ridgeline trail design/construction. <br />Due to the current lot configuration and zoning of the property, we propose placing a conservation <br />easement over the 200-acre trail corridor until a dedicated lot can be transferred to the City through <br />a property line adjustment or land division process. <br />Upon receipt of a conservation easement/purchase & sale agreement from the City, Arlie & Company <br />will be prepared to complete a survey of the 200-acre corridor and a legal description. <br />To reiterate, we think the City's acquisition of this 200-acre corridor is vital to successfully <br />implementing the community's vision for the ridgeline trail system. We look forward to your <br />response iri writ by March 20, 2008. Thank you. <br />,- <br />~rac~r~ly, <br />,~ <br />°~ l ~ ~~~ <br />_ •~~- '} <br />j%X'r ~~ <br />/~ ~~ ~ /~ <br />~' ~ t <br />Susanne ~Arl~e ~~ <br />President ~`~.~~~~ <br />~rli~~sjco!r,E;an,,~ 87:1. Country Glub rtcirad F~.u~;ene, UreE?on X7401 _y <br />1~ww.arlie.co~n Plionn 541.-344-5500 Fix 541.-485-7_~;5~ mt3iit~~arlie.com '~~' <br />