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Commissioners debate sale terms for St. Andrews parcels as buyers propose parking; staff to report further Oct. 7
Summary
During discussion of recently auctioned St. Andrews parcels, commissioners raised concerns about buyers using parcels for gravel parking rather than vertical development and debated standardizing repurchase/improvement terms and shortening improvement timelines; staff expects at least one parcel closing in October and will return with a report.
The CRA board and city staff discussed the status of several city parcels in the St. Andrews area that were offered at auction, focusing on buyer plans for parking lots, improvement timelines and deed restrictions that allow the city to repurchase parcels if buyers do not complete agreed improvements.
Staff said one parcel—purchased by the buyers associated with the Los Indigitos restaurant operation—has documents set for an October closing and that other corner parcels have unresolved follow-up with buyers who bid at auction. Staff…
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