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12/28/2012 <br />Findings -of -Fact <br />Subject Property: PID 063225140009, located on the south side of 176th Avenue and the west <br />side of Vicuna Street <br />(1) Public input and feedback regarding a potential disposition <br />a. Staff received no unfavorable responses regarding the potential disposition of the <br />Subject Property. Generally speaking, the only concerns raised were "we would <br />like to see the Subject Property sold to a nearby property owner (not an outside <br />developer) and left as open space. A number of inquiries were received regarding <br />the potential purchase of the Subject Property. <br />(2) Maintenance costs <br />a. The City has no maintenance costs regarding the Subject Property. <br />(3) Title restrictions <br />a. Based on an Owner and Encumbrance Report attained by the City, the Subject <br />Property has free and clear title. <br />(4) Ability to develop <br />a. The Subject property is flat, clean and is large enough to build two to three single <br />family homes. <br />(5) Stormwater and drainage limitations <br />a. There are no stormwater or drainage issues regarding the Subject Property. <br />(6) Proposed future zoning <br />a. R-1 Rural Single Family Residential <br />(7) Utilities availability <br />a. Electric, well water, septic waste water. <br />(8) Long term City needs and plans <br />a. Un needed for current or future City functions; reviewed by each City department. <br />(9) Assessed value <br />a. $49,000 <br />(10) Method to market and sell property <br />a. Internal, negotiate with surrounding property owners. <br />(11) Cost to market and sell property <br />a. Staff time <br />