NOTICE OF PROPOSED SALE OF CITY-OWNED REAL PROPERTY CITY OF SHERWOOD, OREGON ORS 221.725

NOTICE OF PROPOSED SALE OF CITY-OWNED REAL PROPERTY CITY OF SHERWOOD, OREGON ORS 221.725 THIS IS TO GIVE NOTICE THAT THE CITY OF SHERWOOD, OREGON IS CONSIDERING THE SALE OF MUNCIPALLY-OWNED REAL PROPERTY COMMONLY KNOWN, LOCATED, AND DESCRIBED AS THE SHERWOOD YMCA, 23000 SW PACIFIC HIGHWAY, WASHINGTON COUNTY, SHERWOOD, OREGON. THE SHERWOOD CITY COUNCIL INTENDS ON HOLDING A PUBLIC HEARING AT ITS MARCH 21, 2023 COUNCIL MEETING TO ALLOW INTERESTED RESIDENTS AN OPPORTUNITY TO PRESENT WRITTEN AND ORAL TESTIMONY ON THE PROPOSED SALE. THE CITY NO LONGER HAS ANY CURRENT OR PERCEIVED FUTURE NEED FOR THE PROPERTY AS RIGHT OF WAY OR OTHER PUBLIC PURPOSE AND THE CITY HAS RECEIVED AN OFFER OF $5,000,000 FOR THE PROPERTY FROM THE YMCA. STAFF BELIEVES THIS IS A GOOD-FAITH MARKET VALUE OFFER. THE BUYER INTENDS ON MAINTAINING THE SAME USE OF THE PROPERTY AND CONTINUING TO OPERATE THE YMCA. THE CITY PROPOSES TO SELL ITS INTEREST IN THE PROPERTY BY STATUTORY WARRANTY DEED. THE HEARING WILL TAKE PLACE IN THE COUNCIL CHAMBERS, AT 7 P.M., MARCH 21, 2023. THE COUNCIL WILL THEN BE READY TO HEAR FROM CITY RESIDENTS ON THE PROPRIETY OF THE PROPOSED SALE. CITY STAFF WILL HAVE EVIDENCE OF THE VALUE OF THE PROPERTY AVAILABLE FOR EXAMINATION AT THE TIME OF THE HEARING. ANY QUESTIONS CONCERNING THE HEARING OR THIS NOTICE SHOULD BE ADDRESSED TO KEITH CAMPBELL. KEITH CAMPBELL CAN BE CONTACTED VIA THE CONTACT INFORMATION BELOW. IN THE EVENT A RESIDENT WISHES TO MAKE WRITTEN COMMENTS AND WILL BE UNABLE TO ATTEND THE HEARING, THEY MAY MAIL THEIR COMMENTS IN ADVANCE OF THE HEARING (SO AS TO REACH THE CITY PRIOR TO THE START OF THE HEARING) TO: KEITH CAMPBELL SHERWOOD CITY MANAGER 222560 S.W. PINE STREET SHERWOOD, OREGON 97140 503-625-4234 Publish March 16th, 2023 TT281225

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