Town approves $478,000 purchase of parcel to accommodate future Jasper Parkway widening
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Summary
Council approved purchase of a parcel at Copper Hill Drive to secure right-of-way for planned widening and intersection realignment; purchase price $478,000 plus broker costs.
The Prescott Valley Town Council approved on May 20 the negotiated purchase of Parcel 103-09-22Y (5950 East Copper Hill Drive) for $478,000 plus broker costs to secure land needed for future widening and realignment of Jasper Parkway.
Town staff explained that Jasper Parkway was built with an interim two-lane alignment at the Copper Hill intersection and that right-of-way constraints make future widening difficult without acquiring the adjacent parcel. Mr. Latier said the parcel is zoned CG (commercial general sales) and that acquiring the entire property was preferred to attempting to subdivide while accommodating the roadway alignment.
Council authorized Resolution 2025-2420 for the purchase; the motion passed unanimously. Staff said the acquisition is intended to preserve the corridor for a future four-lane arterial alignment and to avoid complications that would arise if private development proceeded in the parcel without reservation for the right-of-way.
No development plan for the parcel was discussed at the meeting; town staff said acquisition was a planning step to enable future transportation improvements.