Issue Sheet ATH2025-062
Open official source ↗ · Source page 1
City of Smyrna Issue Sheet File Number: ATH2025-062 A Max Bacon City Hall 2800 King Street Smyrna, GA 30080 1 0 5 3 Agenda Date: 4/7/2025 In Control: City Council File Type: Authorization Agenda Section: Formal Business Department: Administration Agenda Title: Authorization for the approval of exchanging whatever interest the city has in approximately 7,347.53 square feet of property situated in land lot 684 of the 17th District for approximately 9969.84 Square feet of property now or formerly owned by Foundry Watkins Property, LLC situated in land lot 684 of the 17th district and authorize the mayor to execute a quit claim deed and all related documents. Citywide ISSUE AND BACKGROUND: The City of Smyrna proposes exchanging whatever interest, if any, it has in approximately 7,347.53 square feet of property situated in land lot 684 of the 17th District (.1687 acres, more or less) for approximately 9969.84 Square feet of property (.2289 acres, more or less) now or formerly owned by Foundry Watkins Property, LLC situated in land lot 684 of the 17th district. The parcels proposed to be exchanged are shown on the Reconfiguration Plat for Foundry Watkins property, LLC attached hereto. The value of both parcels has been established by appraisals. The property to be conveyed to the city is of greater value than the property that it proposes to convey. The appropriate legal notices for the exchange have been published. RECOMMENDATION / REQUESTED ACTION: Administration recommends authorization for the approval of exchanging whatever interest the city has in approximately 7,347.53 square feet of property situated in land lot 684 of the 17th District for approximately 9969.84 Square feet of property now or formerly owned by Foundry Watkins Property, LLC situated in land lot 684 of the 17th district and authorize the mayor to execute a quit claim deed and all related documents.