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Homestead council authorizes manager to negotiate purchase of 406 Washington Ave.
Summary
Council authorized the city manager to make an offer and negotiate a purchase-and-sale agreement for 406 Washington Ave., a downtown commercial property; council raised questions about price, interim uses and funding sources.
The City Council of the City of Homestead on Aug. 5 authorized the city manager to make an offer and execute a purchase-and-sale agreement for the property at 406 Washington Ave. following a presentation from the CRA director and staff.
CRA Director presented the parcel as a visible downtown property that aligns with the city’s downtown charette vision. The broker’s asking price was cited as $2,895,000 and the…
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