The Land Bank Board of Trustee’s will soon consider the sale of a 50 foot easement along four land bank lots in the Patriot Point subdivision.
According to Allen Dinkel, Junction City, City Manager, Kansas Gas
Services will need to move a gas line when KDOT puts in the diamond interchange at K-18 and US-77 and has requested to purchase an easement from the Land Bank.
The location of the easement would be along four land bank lots located in the Patriot Point subdivision. Instead of purchasing the lots at a cost of $8,250 per lot and paying twenty years of specials and back taxes Kansas Gas Services has offered to pay $80,000 for the easement. The Land Bank would still keep the lots and be able to put them up for sale. Kansas Gas Services believes the lots will still be able to be developed with the proposed easement included.
The Land Bank Board of Trustee’s is expected to hold a special meeting sometime next week to discuss the proposed sale. No decisions have been made at this point.