Notice of Property Exchange
NOTICE OF PROPERTY EXCHANGE
Notice is hereby given that the Board of Commissioners of Coweta County, Georgia intends to exchange 77.25± acres of land along the northeast side of Happy Valley Circle, Land Lot 212, 5th Land District, Coweta County, Georgia with an appraised value of $450,000.00, for 67.85± acres of land located along Old Corinth Road in Land Lots 51, 52, 77 and 78 of the 2nd Land District, Coweta County, Georgia, with an appraised value of $489,478.00, owned by the Coweta County Water and Sewerage Authority. This property exchange shall take place on October 2, 2018.
Real Estate Exchange with the Coweta County Water & Sewerage Authority
In 2004, the Board of Commissioners purchased 77.25+/- acres on Happy Valley Circle for the development of a future recreation facility. In lieu of developing this property, the staff has worked with the Coweta County Water & Sewerage Authority regarding a property exchange to expand an existing facility.
As outlined in the proposed agreement, the County will deed the 77.25+/- acres on Happy Valley Road to the Authority, and the Authority will deed the 67.37+/- acres on Old Corinth Road to the County. The attached maps depict the property outlined in the real estate exchange agreement.
The proposed property exchange provides the County with an opportunity to expand and enhance the existing Brown’s Mill Battlefield Park, while the Happy Valley property will provide an additional undeveloped buffer for the Authority’s B.T. Brown Reservoir.