Milton is expanding its green space holdings by paying $3.83 million for 109.59 acres on Lackey and Sweetapple roads.
Wolff Investments L.P. and Bernard W. Wolff, Dr. John M. Wolff, Susan W. Lindley, Marian W. Nolan and Nancy L. Wolff, collectively are referred to as the “seller” in the land acquisition agreement approved by the City Council on Aug. 6.
The deal is now in a 90-day due diligence period before closing as the city conducts a survey, environmental assessments and other tasks, officials said. The property has 6,000 feet along a Little River stream tributary, a 2.5 acre pond, and a partial soft-surface trail infrastructure.
It is the city’s second green space purchase, following its acquisition of the Milton Country Club earlier this year. It will be funded by a $25 million green space bond referendum approved by voters in 2016.
“If we execute the purchase, we would explore future planning, but the general intent is passive parks and trails” as outlined in the bond referendum, city spokesman Shannon Ferguson said in an email.
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