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Panama City CRA approves public notice, negotiation authority to sell 1342 MLK Blvd
Summary
The CRA board authorized public notice and staff negotiation authority Sept. 2 for sale of a CRA-owned parcel at 1342 MLK Boulevard; the parcel was appraised at $61,000 and staff will return with a negotiated contract for final board approval.
The Panama City Community Redevelopment Agency board on Sept. 2 authorized staff to publish public notice and to negotiate a sale contract for CRA‑owned property at 1342 MLK Boulevard in the Downtown North district.
Staff told the board the CRA purchased the parcel in 2016 for $200,000, demolished the former motel and now holds a vacant lot of approximately 7,800…
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