Monday, June 14, 2021

City of Dunwoody finalized the purchase of 9 acres of Vermack Rd park land tonight at $5.67 Million - financed over 15 years at 2% 

 06142021_Purchase_Park_Property_Vermack_Park.pdf

 Vermack Property Purchase-Status Report 5-21-21.pdf

 Vermack Road Boundary.pdf
 DESC - OVERALL.doc
 DESC - PARCEL 1.doc
 DESC - PARCEL 2.doc 

 4809  4819 Vermack Rd Dunwoody - Res Land 9AC (City - 2078).pdf

 Financed over 15 years at 2.06% with no pre-payment penalty.

Option to pay off debt immediately upon sale of other property if Council decides it is best.

at

3 comments:

  1. JayJune 19, 2021 at 6:32 PM

    is the city financially tapped out on parks? I've noticed that First Baptist Church owns a 5 acre lot on the north side of Peachford. This lot never seems to be used for much of anything.

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  2. John HeneghanJune 26, 2021 at 3:04 PM

    Thanks Jay for the suggestion, unsure of that property status, city cash flow is limited and parkland is needed in other corners of the city vs that property so don't anticipate a desire to expand there.

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  3. JayJune 29, 2021 at 11:02 AM

    do you know offhand what date we can legally fully wander around that Poss property on Vermack? I saw a couple of cars parked by the ranch house a couple of days ago and wasn't sure if anyone was still moving stuff out of there.

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