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Kokomo City Common Council approves pilot agreement with Superior Street Housing Development Corporation
Summary
The Kokomo City Common Council voted to approve Ordinance 7205, authorizing the administration to enter a pilot cooperation agreement with Superior Street Housing Development Corporation that transfers existing payments-in-lieu-of-taxes arrangements from the Kokomo Housing Authority to the newly structured nonprofit entity.
The Kokomo City Common Council voted to approve Ordinance 7205 authorizing the administration to enter a pilot cooperation agreement with Superior Street Housing Development Corporation. The motion to suspend the rules and pass the ordinance on first and second reading was moved by Councilman Grieco and seconded; the ordinance passed by voice vote.
The ordinance authorizes…
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