Foundation accepts donation of future parkland
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Description
The Medford Parks and Recreation Foundation entered into a Donation Agreement with the Duke Trust and the Moores to accept a 14.5-acre Lone Pine Road parcel valued at $1,125,000 for future park use. The Foundation will cover closing and title costs and intends to convey the property to the City of Medford.
Contract Details
Contract Amount
$1,125,000 appraised value of donated property; MPRF to pay all closing and escrow fees and title insurance, consideration stated as $0 in deed
Vendor
MEDFORD PARKS AND RECREATION FOUNDATION INC
Agency
City of Medford, OR
Contract Type
FACILITIES
Document Date
April 1, 2026
Contract Term
Donation closing on or before April 10, 2026
Renewal Date
2026-04-10
Renewal Info
One-time charitable real estate donation with no renewal; closing scheduled on or before April 10, 2026, and subject to Medford City Council approval.
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