2025 10 21 Regular Session Packet

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Agenda Item 
VIII. A.  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.  
 
Following discussion during the October 13, 2025 work session, the consensus was to place this 
item on the Oct. 21, 2025 regular session consent agenda for approval.  
 
Action to Consider 
A motion, second, and majority vote are needed to d eclare Lot 2 (0.19+/- acres) and any 
improvements as surplus city property, dispose of that property in accordance with state law , 
and authorize the city attorney to transfer the property to the adjacent property owners. 
 
Affected Departments 
Community Development 
 
Lots 2 and 5 
 
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