Louisville commission to consider subdivision for proposed $2.225 million land sale
The proposed split would leave about 2 acres for public use and transfer the southern parcel to Cherry Revocable Trust; City Council approval would still be required.
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Louisville’s Planning Commission is scheduled to consider a subdivision Nov. 12 that would enable the city to sell land at 101 W. Cherry St. to Cherry Revocable Trust for $2.225 million. The split would leave about 2 acres for public use and transfer the southern parcel, which includes a home and two farm utility buildings, to the trust.
The commission is being asked to recommend approval, not authorize the sale. The proposed sale contract makes the transaction contingent on subdivision approval and a City Council ordinance authorizing the sale. Council approval of the plat and ordinance would still be needed.
The proposed plat shows a roughly 3-acre southern parcel and a roughly 2-acre northern parcel, out of a property staff describes as about 5 acres. The contract describes the land for sale as approximately 2.9 acres. It also requires a conservation easement limiting the sold land to agricultural use and no more than one single-family home.
Staff says the retained parcel could be incorporated into Warembourg Open Space or used for another public purpose. Before the Council hearing, the plat must show required electrical easements; a City license agreement for an existing gas line crossing the retained parcel must also be approved by Council with the plat, staff’s report says. The records do not provide a Council hearing date.