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> News

Green spaces: Key question: Is the city paying too much?

By Sam Shawver, sshawver@mariettatimes.com
POSTED: February 25, 2010

Article Photos


A price of $215,600 for an undeveloped 0.75-acre lot with river frontage adjacent to South Sixth Street in Marietta is not out of line when compared to values of some surrounding properties, according to a local appraiser.

Mike McCarthy with McCarthy Appraisals Ltd. told members of Marietta City Council's lands, buildings and parks committee Wednesday that other properties in the general downtown area have been valued from as low as $4.91 to as high as $16.75 per square foot, while the value of the South Sixth Street property, currently owned by Dr. Gregory Krivchenia, Sr., is around $6.75 per square foot.

Krivchenia has agreed to sell the lot, with an estimated 170 feet of Ohio River frontage, to the city which would maintain the property as a permanent green space that would also provide a riverside right-of-way for the third phase extension of the city's River Trail hiking and biking pathway.

"This route will not affect any neighbors in that area, and if we have to (route the trail) another way it will cost $93,000 of our own money," said Mayor Michael Mullen.

The city plans to pay for the property with a $161,700 Clean Ohio Green Space Conservation Program grant from the Ohio Public Works Commission.

Although the total asking price is $215,600, Krivchenia agreed to waive 25 percent of that cost which would count toward the city's match for the Clean Ohio grant.

A resolution approving the grant application was introduced during the Feb. 18 council session, but passage of the legislation was delayed after some council members said they had received phone calls from constituents concerned that the city would be paying too much for the property.

"Most were concerned about the purchase price," said Councilman Jon Grimm, R-3rd Ward.

"But after talking with Mr. McCarthy I have been made comfortable that the price is pretty reasonable when compared to other similar properties," he said.

Councilman Tom Vukovic, D-4th Ward, said calls he had received were also about the property cost.

"They don't understand how the city can pay so much money for this property when we're having financial difficulties," he said.

Vukovic said people seemed to understand after he explained that the purchase is being totally funded by a grant, but they were still concerned that public funds would be used to pay for the land.

"But this Clean Ohio funding is tax money that's been set aside for this purpose," Grimm added. "If we don't take advantage of it, someone else will get it."

"I think this is a wonderful project, and it's exactly what the Clean Ohio Fund is for," said Marilyn Ortt with Friends of the Lower Muskingum who have made use of the state fund to purchase other local green space properties.

"There is no way the city could afford this property without the Clean Ohio Fund," she said.

Ryan Smith, trails coordinator for the local River Valley Mountain Bike Association, agreed, saying the green space and trail would also be a valuable legacy for future generations.

"I feel this would be a really major benefit for the community, and that the value to the public will be much more than to any private interest," he said.

Lands, buildings and parks committee chairman Harley Noland, D-at large, said council would continue with the grant application legislation at the next regular meeting on March 4.

Clean Ohio grant funds have been used in the past to purchase other green space within the city.

One of the largest tracts purchased was more than 27 acres of undeveloped woodland from Kris Mar Inc. in 2006.

The total purchase price for that property was $275,000, and Kris Mar also agreed to give the city a 25 percent discount toward its grant match.

Chad Presley, Marietta's safety-service director, said the grant-funded green space properties require no maintenance from the city, although volunteer groups like the River Valley Mountain Bike Association develop and maintain trails on the properties.

Originally approved by Ohio voters as a $400 million bond program in 2000, and extended again in 2008 with another $400 million bond program, the Clean Ohio Fund is designed to restore, protect, and connect Ohio's important natural and urban places by preserving green space and farmland, improving outdoor recreation, and by cleaning up brownfields to encourage redevelopment and revitalize communities.

The fund consists of four competitive statewide programs; the Clean Ohio Revitalization Fund, the Clean Ohio Agricultural Easement Purchase Program, the Clean Ohio Green Space Conservation Program, and the Clean Ohio Trails Fund.

The green space conservation portion of the program is administered by the Ohio Public Works Commission.

"When grant funds are used to purchase green space, that land is pretty much limited to passive use," said Mike Miller, director of OPWC.

"This is a very popular program across the state that provides communities with open space and recreational benefits," he said.

 
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Member Comments
View Comments: | 1-25 |26-50 |51-54 | Post a comment
hockeypuck
02-26-10 4:02 PM
Of course they are paying too much. Now, all the do-gooders like Ortt will come out of the woodwork to defend this expensive, bond-sale program that straps the taxpayers for another generation. Hey, Ortt, go use your own money, or that of those you scam.

zal101
02-26-10 10:08 AM
something stinks in marietta and people need to voice thier concerns!1

zal101
02-26-10 10:08 AM
something stinks in marietta and people need to voice thier concerns!1

Kenney
02-26-10 9:02 AM
Fine idea, we'll ask for money from the State which is broke. They will as the Federal Gov't for money, They are broke also. The City can't seem to be able to pay for it, thier revenues are down. It occurs to me that maybe, I'm going out on a limb here, we can NOT afford it. The combination of the City, County, State and Federal Gov't are all in a financial mess. Just maybe we shouldn't spend money on something that the city or the nation can afford.

wjb331
02-26-10 8:23 AM
bwc: I couldn't care less if there is a highway to Wal-Mart! I wouldn't shop there if it were next door to me! More green space, less "evil empires"!

slogoin
02-26-10 7:32 AM
Why do I get the feeling that if you looked at the prices that have been paid for land in other places using this bond that it has paid way too much for others?

WORKINGSTIFF
02-25-10 11:39 PM
The cost per square foot, square inch, square yard, square kilometer --- whatever.... is irrelevant.

What is the City doing buying this land or the Mayor's land or ANYBODY'S land????

Stop the land grab. Sell off unnecessary acres to put some money back in the City treasuries and LOWER OUR TAXES !!!!

Same goes for the State and the Federal land junkies.

Americans should own private property, develop it, create private jobs on it, and pay lower taxes on it....

No more parks and fluffy stuff we can't maintain properly.

rikrab
02-25-10 11:11 PM
"The Housing Boom and Bust" by Thomas Sowell

Sarek
02-25-10 10:19 PM
If these people are actually considering approving the expenditure of taxpayer money for this piece of property at this highly inflated price, they ALL need to be voted out as soon as possible. Any of them who vote for this are proving they are out of touch with the local taxpayers as well as reality. They need to fully explain why they think they can spend our money so haphazardly. It just can't continue. We need to take control and get these people out of office! Are you elected politicians listening?

TXBuckeye
02-25-10 9:14 PM
Katnk9, not knocking the Krivchenia family per se, suspect they are just taking advantage of the situation. Tax rolls appear to have their lots at 223 S Sixth St appraised at $83540. Their property taxes are based on that. Agreed sales price is 2.5 times that.

Still seems pricey to me when realtors are starving in Marietta. I understand 2009 was an absolutely abysmal year for real estate in town.

I am troubled by a system that allows this type of govt spending when the country is running a financial balance sheet no better than a banana republic.

Darby1952
02-25-10 7:56 PM
I just want to see robins in the yard and daffodils blooming,, then hit the road on my bike,,,, I could careless what they do in town.

TheGuyNextDoor
02-25-10 7:21 PM
The average person with common sense wouldn't spend that much for less than 1 acre of land. But as luck would have it, the "upper-crust yuppies" tend to be the ones elected into office, and of course we know what their spending habits tend to be. The value of anything, land included, is only as much as someone is willing to pay for it. There is no piece of land anywhere that is worth 200k+ for less than an acre. This is part of the reason that the housing market is broken right now. Who in their right mind would pay hundreds of thousands of dollars for a house that cost but a small fraction of that to build? These yuppies tend to be college educated people, but they really do lack common sense.

Don't spend my money on this land please.

bwc511
02-25-10 7:06 PM
Raze all that stuff... Wal-Mart needs to come up with Wal-Mart convenience stores. They won't build us a highway to Wal-Mart... they parade us through Front St. and all kinds of lights to have to get there. Once you get to I-77 you have to put up with all kinds of lost turists trying to get out of here when they just see McDonald's and Crapplebee's. Bush would have given us stimlus dollars for new Wal-marts, Osama won't. I ain't votin' for no education. In God I trust!

CluelessOH
02-25-10 6:24 PM
More rich people taking tax money from the poor. More government officials lining their pockets on the taxpayers backs. Why cant we use the money to update our schools? Or feed the poor? Or help the mentally disabled? or so many other things? I guess that I am going to have to go buy a bike in order to enjoy my tax dollars.

Katnk9
02-25-10 5:44 PM
You betch-ya njtooh! And before -remarks, no, I'm not family or close friends with anyone mentioned in the article but I do know almost everyone from working downtown 30yrs. They're all aboveboard citizens.

Phantom13
02-25-10 5:06 PM
This is a definate scam. Look at the county auditors website and you can see for yourself what this land is valued at, not anything close to $215,000 dollars. Or has someone not been paying taxes on the so called true value of the property for years? You multiply this waste of money for grants times how many times this happens across Ohio and the country and you are talking about real money. Our kids are going to be broke and living in a different world than we live in today...

Indian
02-25-10 4:48 PM
How many tax dollars will be lost for the city, the county, and the school district from this 215,000 property multiplied by just twenty years, plus how much money will it cost the city for maintenance of this green space?

Is the entire piece of property along with the house worth 215,000 in a flood plain?

Katnk9
02-25-10 4:44 PM
WAKE UP! It took me about 2 minutes to read ignorant comments. I pray we purchase that land and keep it GREEN and a place in the middle of "growth and new jobs" ya keep yakin about needing. That is what Lowe's, Wal-Mart, hotels and whatnut out the Pike were brought in for...duh! Now we need to connect Rt.7 traffic, our little strip mall and the Ohio River. Don't forget the Country Club and driving range behind Aldis. Grow up! Dr.Krivichinia (spl?) and Mrs.K. have given more in $ and time to this community than probably all of us combined! It isn't WORTHLESS land dear people, it's called location,location,location! I hope the deal goes thru ASAP.

smokehouse
02-25-10 4:42 PM
How much is the property vauled at the court house for taxes. That would be the true market value. How much is the old property that the Duke Co. used for office space? Mike and MOONFACE have been begging for money for the Armory project and they must have something going to say that property is worth $215,000. MOONFACE and Sands are still trying to beat the state and city out of money for property that is almost worthless. Pressley says the green space is not maintained by the city. Who will take care of the S. Sixth St. property? The city can't take care of the parks they have now.

njtooh
02-25-10 4:30 PM
The price of my property in this area just went up five-fold. Those of you complaining would be grabbing the chance to sell if the river-front property belonged to you!

hockeypuck
02-25-10 4:10 PM
Make that Marilyn.

jacsm1217
02-25-10 4:10 PM
Sounds like way too much to me. If you pay this price I have 20 acres I would love to sell you. Selling would be better then me winning the lottery.

hockeypuck
02-25-10 4:09 PM
Grimm, obviously you have not done your homework - again. This is not tax money "set aside". The money comes from the sale of bonds that must be paid back with interest. So, for the next 30 years, we will be paying interest. I hope Marlily is happy. Maybe her offspring will have to help pay it off.

Indian
02-25-10 4:06 PM
Please call your councilman and voice your concerns with them. This seems like a scam, smells like a sham, and by the way another waste of tax payers moneies.

Redshift
02-25-10 3:37 PM
I can only suggest looking at all of the comparables and deciding for yourself. Personally, after seeing a dozen examples of various property sales and price per sq ft, I felt comfortable with the price.

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