County Plans $2M Coal Creek Land Acquisition

$2,000,000

FACILITIES

Two phases: $1,000,000 for 11.3 acres initially; $1,000,000 for 1.56 acres with buildings when landowners vacate, with a $250,000 down payment on the remainder at phase one

Acquisition structured in two phases: $1,000,000 for 11.3 acres around the driveway and building envelope, plus a $250,000 down payment on the remaining 1.56 acres; the final $750,000 payment for the remainder occurs when the landowners no longer reside on the property, subject to future budget approval.

AgendaPacket