Creek Ridge History
|Year Property Acquired:||2017|
|Purchase Price:||$160,000 – 9.4acres |
Donation – 11.7 acres
|Acquired From:||Fred Overton Development, Inc.|
Park staff first became aware of the availability of this property in June 2016 during a
concept review with city staff about the development of the Creek Ridge Subdivision. Staff
made contact with Fred Overton regarding the availability of the undeveloped portion of
the property to discuss the potential purchase of property for a neighborhood park.
Ongoing negotiations from the first meeting with Mr. Overton to now eventually led to a
tentative agreement to purchase 9.4 acres for $160,000 and accept a donation of
approximately 11.7 acres.
The property was appraised by Moore & Shryock on July 1, 2016 and valued at $110,000 for the 9.4 acres and $52,000 for the 11.7 acres. The land will be primarily used as land preservation, with the potential for a trail system through the property. In the future, a small area of the property could be developed into a neighborhood park. The Greenbelt Land Trust was asked to evaluate the property based on their land scoring matrix, which was developed as part of the implementation plan of the Our Natural Legacy: A Plan for Columbia and Boone County. (Land Acquisition Scoring Evaluation Form: Creek Ridge property)
|Capital Improvement Projects and Other Council Items|
|2017||Council Item: Creek Ridge property acquisition|