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on each parcel individually if desired. There are some disagreements regarding the value of the <br />property as Parcel A-2 was sold at approximately $6.80 per square foot; Parcel A-3 was <br />approximately $5.00 per square foot; Parcel A-4 was approximately $6.65 per square foot; and the <br />seller is now asking $7.50 per square foot for all 4 parcels. Staff is asking the Board for direction <br />as to which parcels to purchase and as to what is a fair price. <br />In response to questioning from Commissioner Neuberger, Public Works Director Jim <br />Davis responded that the County does not need this right-of-way property. In 1997 staff had an <br />interest in the property due to the Department of Transportation work program. However, the <br />widening of US41 has been eliminated and the County has no need for this right-of-way. <br />Commissioner Adams recalled that Parcel A-2 (Walgreen's property) had lost a 10 -foot <br />strip due to a request by the County for that right-of-way property. They then had to design around <br />that right-of-way. She believed that there is some correspondence requesting that right-of-way that <br />might assist the Board in deciding this matter. <br />Director Davis did not believe Walgreen's had to design around that right-of-way property <br />and stated that they could, if they wished, put a sidewalk on that property. <br />Nicholas Tsamoutales, attorney for Westco, thought the Board had already made a <br />decision to instruct staff to enter into a contract and believed he was only here today to discuss the <br />value. The Walgreen's property was sold for $900,000 which comes to $10.33 per square foot, and <br />the Riverside property was sold at $385,000 which is $8.84 per square foot. The $7.50 per square <br />foot being requested is less than the actual value of the property. <br />Commissioner Lowther then questioned whether the 10 -foot right-of-way was discussed at <br />the time the property was developed, and Director Davis stated that negotiations had begun in 1997 <br />and were broken off because an agreement as to the value could not be reached. Any developer's <br />agreements regarding right-of-way are solidified in writing prior to approval of the development <br />plan by the Planning & Zoning Commission. <br />Director Davis continued that staff wrote to Mr. West and, because there was no response, <br />staff took the position that the purchase would not take place. <br />MARCH 4, 2003 27 <br />