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city of <br /> Pett ? AGENDA ITEM # 1 <br /> 1 . <br /> Lakes= <br /> REPORT TO <br /> CITY COUNCIL <br /> Date: July 1, 2008 <br /> Subject: Request to Purchase Tax Forfeit Land <br /> Report: The Maintenance Supervisor is recommending <br /> that the City purchase the four lots that adjoin two lots <br /> currently owned by the City for storm water retention, <br /> storage or absorption. There was some confusion regarding <br /> the ownership of these lots in the past. Staff was under the <br /> impression that the City owned the lots. However, after <br /> checking with the County it seems that the proper <br /> procedures were not followed in the past and that the City <br /> does not own the lots. The City does have a storm water <br /> discharge pipe on the southern end of the lots. <br /> The City paid to have the lots appraised (appraiser hired by <br /> the County). The appraisal came in at $33,000. The County <br /> is requesting payment of$33,000 for the land plus $1,194 <br /> for other related costs (see attached). <br /> It is recommended that the purchase be funded as follows: <br /> 75% Storm Water, 25% Street Department. <br />