Title
Discussion and action on Quail Hollow Airport Property
Body
SUMMARY: City staff has made several visits to the property adjacent to the airport along Quail Hollow to address trees that are located on the City’s property and posed potential threats to the neighbors. Dr. Mark Fox has been cutting and trimming trees that posed problems along his property for several years at his own expense. City staff met with the property owners several months ago and many showed an interest in acquiring a portion of the city’s airport property to give them a larger back yard. Some of the lot’s rear property lines are very close to the existing houses and structures. Many of the property owners have been maintaining, mowing and landscaping, a portion of the City’s property. Please reference the attached drawings.
City staff has reviewed their requests and can see no potential hindrance to the growth and expansion of the airport by the sale of the property shown.
In order to sell the property, a lengthy procedure must be followed due to the federal funds used in the maintenance of the airport property. The first step in this procedure would be to hire TDOT approved appraisers. The next step would be for the property to be surveyed and a plat created, subdividing off the property to be sold and joined to the adjacent properties. The city would be required to pay for the appraisals and the survey/plat work, and would be reimbursed by adding the cost to the final appraisal price. The cost of the appraisals will be $3,900.
BUDGET ACCOUNT: 110-41990-290 (a budget amendment might be required at a later date)
Recommended Action
NECESSARY COUNCIL ACTION: Approve proceeding with the survey/appraisal process.