Bainbridge park district makes it official: Will seek $6.2 million bond to pay for Sakai property

Published 3:34 pm Friday, November 21, 2014

Bainbridge parks officials have decided to ask voters to approve a $6.2 million bond measure to pay for the purchase of the 23-acre Sakai property on Madison Avenue.

At the parks board meeting Thursday night, commissioners voted unanimously to put the bond measure on the Feb. 10 ballot.

If approved by voters in the special election, the 20-year bonds will pay for the purchase of two parcels of land between Madison Avenue and Highway 305, just north of High School Road.

Parks officials announced earlier that the district has been in negotiations to buy the 23-acre property from the Sakai family. The land had earlier been eyed for a housing development.

The money from the bond sale would also cover some planning and development costs, and well to provide public access, to the Sakai property so it could become a new Winslow-area park.

The parks board also approved a purchase-and-sale agreement to buy the property at its meeting Thursday.