Phoenix offers $1M above appraisal for landPosted: Updated:
PHOENIX (AP) -- Phoenix airport officials are offering $1 million more than the appraised value for a piece of contaminated land south of Sky Harbor International Airport where they want to build a parking lot.
Airport officials are pressing the Council to OK a $4.4 million deal for the nearly 12-acre property. It was once the site of a fertilizer plant and now is owned by an investor.
According to an Arizona newspaper, Aviation Department officials want the land for a new employee parking area close to a new airport train connection.
The deal is supported by some City Council members.