In 2014, the Board purchased 10 acres adjacent to the city park with the idea that the land would eventually be annexed into the park. In 2018, it became apparent that this was not going to be an option. The land was zoned for residential use, and without annexation, would have to be partitioned and rezoned in order to build the pool. Partitioning was explored, but, due to infrastructure requirements would have been a costly option. Application for re-zoning would also have been a long process with no guarantee of success.
In 2021 owners of the lots adjacent to the pool approached the board with the idea of offering a 30 acre parcel for sale rather than three 10 acre parcels. Because of the obstacles to building on the site, the board agreed, and the property was listed for sale in March of 2021. We received an offer in the fall of 2021 with an original close date of February 26, 2022. The buyer required some additional analysis prior to closing and ended up extending the closing date by 30 days, resulting in forfeiture of $5000 in earnest money to the pool. On March 31, the sale closed with a price of $433,397.95. Overall the profit was $178,317.67. The Board is exploring other options within the community for the pool building.
| Expense | Income | |
| Land Purchase (2014) | $192,123.47 | |
| Maintenance (Gorse removal, clearing) | $21,381.73 | |
| Insurance (includes board insurance) | $9098.07 | |
| Property Taxes | $16,726.50 | |
| Other Land Fees (surveys & studies) | $20,750.51 | |
| Deposit | $5,000 | |
| Land Sale | $433,397.95 | |
| Totals | $260,080.28 | $438,397.95 |