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April 21, 2026 City Council Regular Session Minutes.SIGNED

April 21, 2026 City Council Regular Session · 2026-04-21 · minutes

The City Council approved the Fifth Amendment to the Commercial Contract for the sale of a property located at 34934 Thrill Hill Road. The approximately 35-acre parcel, previously declared surplus and located outside City limits, had an approved purchase agreement of $899,000. During due diligence, the buyer's title work identified easements and encumbrances, along with zoning limitations, which affected the intended use and resulted in a proposed price reduction to $500,000. Staff noted the property presents ongoing liability and maintenance concerns, including prior erosion-related costs, and that accepting the reduced price would mitigate future risk and eliminate carrying costs. Council discussion addressed the distinction between appraisal and title work, the timing of identifying encumbrances, prior expenditures on the property, and the lack of a municipal purpose for retaining it. Staff confirmed the encumbrances were identified during standard due diligence and reiterated the City had no intended use for the property. No public comment was received, and the Council reached consensus to proceed with the Fifth Amendment.

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April 21, 2026 City Council Regular Session

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