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HAMLIN Pe <br /> ~rom: JENSON Emmy R <br /> Sent: Friday, April 02, 2004 9:37 AM <br /> To: BABCOCK Richard B <br /> Cc: HAMLIN Peggy D <br /> Subject: RE: Sale of Royal Danebo property <br /> As part of the lawsuit, the City got to buy two parcels in July 2001 at Royal and Danebo. The total area of the site was 22 <br /> acres. The price was 2.75 million and was a settlement price rather than an appraised value. <br /> Over the next couple of years, an interdepartmental team spent time to re-zone the property and to clear all encumbrances <br /> to make the property more easily developable for a future owner. <br /> The westernmost 16.48 acres and was sold by oral auction on November 20, 2003. The full price for that piece was 1.8 <br /> million and the City retained $1,679,362.50 alter expenses. <br /> The remaining 5.52 acres was partitioned to create two parcels and a dedicated street. The affordable housing landbank <br /> wanted to acquire about three acres of that site, and POS wanted about two acres for a neighborhood park. <br /> The affordable housing landbank 'purchased' 120,337 sf plus 19,004 sf of street r/w for a total of 139,341 sf or approx. <br /> 3.20 acres, which comes to about $382,609.00. Sunna' Murray and Gloria Roberts at PDD handled that interfund transfer <br /> recently. <br /> Parks and Open Space is 'purchasing' 87,194 sf plus,13,770 sf of street r/w for a total of 100,964 sf or approx.2.32 acres, <br /> which equals $277,391. John Weber and Peggy Hamlin are handling that transfer of funds. <br /> The total of the interfund transfers for the smaller pieces should equal $660,000. <br /> <br /> ~cnough info for you? Please tail if you need anything else. <br /> Em Jenson <br /> Real Property and Lease Manager <br /> CS/Facility Management <br /> 210 Cheshire Ave. <br /> Eugene, OR 97401 <br /> (541) 682-5190 FAX (541) 682-6222 <br /> emmy.r.jenson@ci.eugene.or.us <br /> -----Original Message---- <br /> From: HAMLIN Peggy D <br /> Sent: Friday, April 02, 2004 7:05 AM <br /> To: BABCOCK Richard f3 <br /> Cc: JENSON Emmy R <br /> Subject: RE: Sale of Royal Danebo property <br /> Hi Rich, <br /> The Parks and Open Space portion of this transaction will be part of S63 with the actual JE posting 6/30. This is the <br /> only piece I'm involved in. <br /> The fountain of knowledge for the overall transaction is Emmy Jenson in Facilities. <br /> Thanks, <br /> Peggy Hamlin <br /> Financial Analyst <br /> Public Works Administration <br /> 682 5834 <br /> ~ 1 <br /> f <br /> <br />