MILTON, Ga. — Milton finalized its fourth land purchase through the 2016 Greenspace Bond and will take possession of 88 acres near Bethany Road and Providence Road, dubbed “Fields Crossroads.” The city completed the purchase June 6 after entering a contractual period in April.
The price tag for the purchase was $5.72 million, or about $64,500 an acre. The property includes five tracts, with the northernmost at the intersection of Bethany Road and Providence Road and the most southern parcel across from the Trotters Ridge subdivision. The site includes half of the 7-acre Eads Lake to the east and 1,186 feet of Cooper Sandy stream.
Conservation Projects Manager Teresa Stickels said Cooper Sandy is the only Milton stream the state deems “impaired” because of a sediment issue.
In a statement released by the city, City Manager Steve Krokoff said the acquisition meets the criteria of the Greenspace Bond and the purchase price was lower than the property’s appraised, per-acre value.
Fields Crossroads is the fourth land acquisition made through the $25 million Greenspace Bond since it was passed by residents in 2016. It is the second land purchase made this year after the city closed on a 21-acre property at Freemanville Road and Birmingham Road.
Last year, the city acquired the former Milton Country Club property and another 106 acres of land along Lackey Road.
More greenspace could be on the way.
The city is in two contractual periods to potentially purchase 4.82 acres along Webb Road near Brickmont Assisted Living and 28 acres along Hamby Road near the Manor Golf & Country Club. The sale of the Webb Road property is contingent on the city purchasing the Hamby Road site.
If both purchases are finalized, Milton will have conserved 378 acres using $17.8 million, or about 72 percent, of its Greenspace Bond dollars.