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- a - <br />Parcel D <br />Parcel D is a combination of two lots totalling 2.7 acres. It has <br />been suggested that these lots may offer an opportunity to access, <br />a large undeveloped area mid -block. City Engineer Minetor has <br />briefly reviewed this issue and feels that a cul-de-sac could be <br />introduced into the block at this point. Future extension may be <br />possible to -access the back portions of the deep lots on County <br />Road H-2 and Woodale Drive. <br />The Counci. may wish to discuss what policy direction they would <br />feel comfortable initiating. Several options are available to the <br />City: <br />1) The City could obtain these lots and devise a plan for <br />future development. Further development could be City <br />initiated or privately directed. <br />21 The City could obtain the parcels and find a developer who <br />would purchase the lots and put together the project. <br />3) The City could do nothing allowing the County to keep the <br />parcels. <br />It would seem that there is a question of planning ahead for the <br />City,s future and what direction that future may `rake. <br />®! The Council may wish to look into the feasibility of this road <br />extension. It may be prudent to have Staff review the economic <br />feasibility of this project while the Council read the politinal <br />feasibility. <br />Funding for the acquisitia; of these pdr:els, appraised at <br />$11,800.Go could come from the Silver Lake Woods Project Fund. <br />KJH/BAC <br />