tracdrawingJamestown (CSi) The Jamestown Park Board has made an offer of $500,000 to the Jamestown Regional Medical Center to purchase 8.61 acres adjacent to the 15.3 acres of property set aside for the Two Rivers Activity Center in northeast Jamestown.

Jamestown Parks and Recreation Department Director, Doug Hogan, says the Park Board approved the offer at its rescheduled meeting on March 16. City Attorney Leo Ryan, who is assisting the Board during its negotiations with JRMC to purchase the property, says the deal isn’t finalized awaiting finalization of the paperwork. Ryan adds, that information in that paperwork, including the appraised value of the 8.61 acres owned by JRMC, will be available to the public once the paperwork is finalized, possibly by the end of this week.

Hogan says 15.3 acres are needed to build the activity center. Jamestown Public School District gave Jamestown Parks and Recreation 7.5 acres to the east of Jamestown High School. The total size of the school district-owned property that TRAC would be built on is 15.3 acres. Jamestown Parks and Recreation plans to give the school district the 8.61 acres it is in the process of purchasing in exchange for the rest of the school district property.

Hogan says its expected by April 20 that the Park Board should have the guaranteed maximum price for phase one of TRAC. In June 2015 Jamestown voters approved a 1 percent sales tax that will pay back bonds the commission will have sold to fund up to $28.6 million for phase one of TRAC. Hogan said depending on the final bids McGough receives, the first phase of TRAC could be less than the $28.6 million estimate.