“This purchase makes a lot of sense because the property runs adjacent to property we already own. It’s located right behind the city’s refuse and sanitation departments, so it will be easy to access.”
— Craig City Manager Jim Ferree about a potential real estate transaction for the Road and Bridge Department.
Craig The Craig City Council is expected Tuesday to pass a resolution approving the purchase of nearly 2 acres of real estate north of downtown.
The property, located on Yampa Avenue between Ram’s Horn Estates and 16th Street, is 100 feet wide by 800 feet long and encompasses 1.83 acres.
The negotiated price is $85,000 and the property will be used to store equipment and supplies for the city’s Road and Bridge Department.
Craig City Manager Jim Ferree said Friday that council members discussed the purchase in executive session during its most recent meeting last month, but the search for property began in 2005 when the Craig recycling center opened.
The recycling center, located almost directly across the street from the property at 1775 Yampa Ave., formerly was used to house Road and Bridge Department supplies and equipment, Ferree said.
Since the recycling center opened, department equipment has been stored at the water and wastewater plants, and “anywhere else we could find room,” Ferree said.
The purchase, if approved, will be paid with Road and Bridge fund money, Ferree said. The Road and Bridge Department first budgeted $90,000 in 2006 for this type of real estate acquisition. Those funds have rolled over each year since, Ferree said.
“This purchase makes a lot of sense because the property runs adjacent to property we already own,” Ferree said. “It’s located right behind the city’s refuse and sanitation departments, so it will be easy to access.”
Craig’s municipal code requires an appraisal, title commitment and a survey be conducted prior to the purchase of real estate. All have been completed, Ferree said.
If council approves the resolution to purchase the property Tuesday, the city will close on the deal at 11 a.m. Wednesday.
Joe Moylan can be reached at 875-1794 or email@example.com