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More than a month after deferring a decision about a sale of the publicly owned Jamestown Yacht Basin, the James City County Board of Supervisors will again consider whether to sell it to one of three interested parties at a meeting Tuesday.
Eco Discovery Park is currently using the site, which is located across the street from Jamestown Settlement and includes a marina and a few buildings.
Its $500,000 offer for the land remains on the table, as does a $650,000 offer from real estate investor John A. Franklin and an $825,000 offer from Swan Landing at Jamestown LLC, a company interested in building townhouses and retail at the site.
No other offers are under consideration.
The supervisors initially considered the sale of the land at their April 14 meeting, but they pushed the decision to May to give them more time to consider the trio of offers. Franklin and Swan Landing at Jamestown LLC both submitted offers in the days prior to the meeting, and the supervisors wanted more time to consider them.
During the April 14 board meeting, supervisors Jim Kennedy (Stonehouse), Kevin Onizuk (Jamestown) and John McGlennon (Roberts) all came out against the proposal to build three restaurants, 15,000-square-feet of commercial space and 65 to 70 townhouses at the site.
The land is assessed by the county to be worth $3.54 million. Eco Discovery Park has been in talks to purchase the land since last year. A $250,000 offer from the nonprofit park was rejected as too low when the land was opened to public bidding last summer. The park was the only entity to submit a bid during that time.
The park has occupied the land since the beginning of 2012. Its president, Steve Rose, has said in the past the park needs to own the land in order for it to continue to develop. He envisions a park with a system of trails and exhibits about sustainability, however that has not yet come to fruition. The park currently rents out bicycles and watercraft.
The county purchased the yacht basin along with nearby land along the James River in 2006 for $12.5 million, though grant funding accounted for $2.9 million of that sum. Some of the land was later sold to the Jamestown-Yorktown Foundation and the Virginia Department of Transportation for $4.5 million.
The board meeting starts at 6:30 p.m. Tuesday at the James City County Government Center.