2025 10 13 Work Session Packet
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Agenda Item IV. B. Disposal of City-Owned Property on Tellico Avenue near the Intersection of Hammerhill Road Overview The city acquire d 2.93+/- acres of land (Lots 2 and 5) that is not buildable from Habitat for Humanity (Parcel 048P C 039.00) during 2023. Lot 2 on the north side of Tellico Avenue consists of 0.19+/- acres and is not of any use to the city and Lot 5 on the south side of Tellico Avenue consists of 2.74+/- acres and will be used as regional detention pond and stormwater use. See attached plat and map. According to the official tax records, the 2.93+/- acres has a total market value of $30,700 (land and improvements). See attached parcel details. The neighboring landowners are interested in acquiring Lot 2. Transfer of real property is governed by state law, namely TCA 12-2-501, and city policy. See attached email from the city attorney. Action to Consider Consider declaring Lot 2 (0.19+/- acres) and any improvements as surplus city property , disposing of that property in accordance with state law , and authorizing the city attorney to transfer the property to the adjacent property owners as outlined in the city attorney email dated Sept. 11, 2025. Consensus is needed to move this item to the October 21, 2025 regular session for consideration. Affected Departments Community Development 52