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10.b 21077 Penrose Ave N Outlot Purchase Staff Report Date of Meeting: May 21, 2024 For: Honorable Mayor and Council From: Kyle Morell, City Administrator Subject: 21077 Penrose Ave N. – Outlot A Background: The City owns Outlot A shown below on Penrose Ave N. The Outlet is part of the Waldon Meadows subdivision, whose original plat is attached. It was deeded to the City in 1992 by Donna Larson. The Outlot contains a drainage and utility easement dedicated within the development. The homeowner at 21077 Penrose Ave. N. has inquired about purchasing the Outlot. The city does not use the lot. It could be sold with the condition that nothing be built on the lot to preserve the drainage easement. Washington County currently values the parcel at $2,000. The homeowner has offered $3,000, which should cover the costs of drafting the quitclaim deed and filing it with the County. Attachments: Walson Meadows Plat