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OR FAX FORM ON PAGE 103 TO 503-242-1814
There is a first right of refusal on the
sale of this section of the property and
the high bidder will receive a payment
from the Seller of $35,000 if the right is
exercised. Funds will be paid at closing.
Please see Supplemental Information
Package for details.
Parcel B – 40.20± Acres
Published Reserve Price: $565,000
Parcel B is the largest parcel and
includes the 26± acre site on the west
bank of the river and the balance, or
12± acres, with access from both 4th
Street and Kathleen Drive. There is an
estimated 1,500 feet of North Coast Fork
Willamette River frontage, providing
the option to design a clustered
residential development on the 12±
acres near Lincoln Middle School. The
river front parcel could be developed
for housing with construction of a vehicular bridge, or used for a community park with pedestrian access.
Additional value could be gained through sale of a conservation easement or as a riverfront park with pedestrian
trail and bridge to both Lincoln Middle School and Washburn Field.
Parcel C – 3.03± Acres
Published Reserve Price: No Minimum Bid
This 3.03± acre parcel, tax lot 3100, is a narrow remnant which starts at the end of Hayes Avenue and has some
utility as plottage to the adjoining owners, or could be used as part of a river trail system to connect to Lincoln
Middle School.
The Seller is offering short term financing on a bulk sale, or for Parcels A, and B, as an added incentive to the
Published Reserve Pricing.
LOCATION:
Township 20 South, Range 3 West, and Sections 32 and 33 and Township 21 South, Range 3 West
and Sections 4 and 5. The property is located north of Cleveland Avenue. Take Cottage Grove Lake Exit 172 and
turn right on to South 6th Street and proceed ¼ mile to Cleveland Avenue. Turn left and proceed to the end of
the road. There is a locked gate at the end of 4th Avenue to walk the property. (Take South 6th Street to Grant
Avenue. Turn left, and proceed to South 4th street, turn left at end of road by gate.)
SEALED BIDS DUE NO LATER THAN 5:00 PM, JUNE 6, 2014
Please Note: Sketch
plan is conceptual
only. Neither the
Seller nor its agents
have submitted
plan or made any
applications to a
public agency.
