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OWNER & ENCUMBRANCE: This lot was granted to the City by Gary M. Gorham and spouse in 1981. A deed <br />restriction limits the use to public purposes only. Failure to use the lot for public use <br />purposes will cause it to revert to the grantors, unless the grantors waive this restriction. <br />DISPOSITION: <br />The subject property is a dedicated park and may only be used for public purposes. To <br />dispose of the subject property, the City either needs to revert the property back to the <br />original developer or release the"public purposes" clause by court order. Furthermore, <br />the current use of this property for drainage would require a significant investment to <br />mitigate —if the property were to be developed. <br />