ADOT Makes an Offer
The Arizona Department of Transportation recently submitted offers to city officials to purchase four city-owned properties slated for demolition in preparation for the State Route 347 overpass. With the exception of one small segment of an MUSD parking lot, most city and county-owned properties have been offered between $16 and $18 a square foot, while privately owned properties could receive as little as $9 a square foot. These figures, according to ADOT documents, were the “result of a review and analysis of an appraisal made by a certified real estate appraiser.”
The ADOT offers are on the consent agenda at the regular meeting of the Maricopa City Council tonight at 7 p.m. at City Hall.