The Cobb County Board of Commissioners recently approved the purchase of two more parcels of land that will add to the county’s park land area.
The site at 1101 Veterans Memorial Highway and a smaller parcel at 6800 Henderson Road will form a more than six-acre park in South Cobb. Following the board’s vote to issue the $27.4 million parks bond last year, staff started with a list of 113 potential sites across the county to review. Commissioners and staff visited around 14 of those sites and eventually asked the county attorney to enter into negotiations with eight of those properties.
The county purchased two parcels comprised of 94 acres off Burnt Hickory Road last month for $6.5 million and have contracts to acquire five other parcels. Attorneys are currently in negotiations with owners of four other properties. The value of those nine other properties is estimated to be around $10.6 million. Besides those properties, staff has ordered appraisals on three other potential park sites. Negotiations are done outside the public forum by law to prevent undue influence in the real estate purchasing process.
County Chairman Mike Boyce has said the robust real estate market in Cobb County has made negotiations difficult since the county is restricted to buying land for no more than its appraised value.