Proposed Riverfront Land Purchase Workshop
Village Manager Steve Sarkozy briefed Council and a packed Council Chambers on a prospective environmental land purchase. This is 62 acres on the northeast corner of US 41 and Corkscrew Road and extends north to the Estero United Methodist Church and east to the railroad tracks. This includes a significant portion of the Estero River.
Initial plans would call to preserve the heritage trees on the south end of the property, protect the river and provide a source of recreation for Estero residents. The long-term vision is to connect this land to the Koreshan State Park to provide up to 330 acres of contiguous green space for residents to enjoy for generations to come.
The purchase price is $26 million, including closing costs and expenses for design/development alternatives. This purchase will not draw down reserves or compromise the Village’s ability to respond to natural disasters or jeopardize any other projects in the Capital Improvement Program. (Presentation)