Written by MICHAEL LoCICERO
Wednesday, 24 June 2015 21:50
Officials hope to avoid bidding war by relying on prevailing land prices
Village of Belgium officials plan to offer land owners market value for slivers of land on Silver Beach Road that need to be acquired before reconstruction of that road can begin.
Officials consulted with Peter Didier from Real Estate Appraisals in Port Washington on the five parcels that need to be acquired.
All parcels are less than one acre and have a total value of $19,421, Didier said.
“This is the next step required for us to comply with state statutes,” Village President Rich Howells said at the June 8 Village Board meeting.
The largest parcel is just under one acre and is valued at $6,773, Didier said in his report.
He valued farm land parcels between $5,800 and $6,800 per acre over the past year, but said farmland on Silver Beach Road is closer to the higher figure.
The village is also required to pay all land acquisition fees, attorney Gerry Antoine said.
The village must acquire the land as part of its plan to pave Silver Beach Road and install a stormwater retention pond in the industrial park.
Trustee Vickie Boehnlein said it’s important the village not get into a bidding war with the land owners.
“We can’t be offering more per acre to one owner than the next,” she said. “I think this is a logical step to find out if we’re going to be in a legal battle before we spend any more money.”
Antoine said the village will pursue condemnation if land owners aren’t willing to negotiate.
Howells said he would contact land owners and report back to the Village Board next month.