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City council approves sale of city lots to Builders of Hope after heated public debate
Summary
After more than an hour of public comment and council debate, Farmers Branch city council approved a resolution authorizing transfer of city-owned lots to the Farmers Branch Local Government Corporation for resale to Builders of Hope CDC, with an amendment requiring 2–3 lots in District 2 to be sold on the open market.
Farmers Branch city council voted to authorize the sale of city-owned residential lots to the Farmers Branch Local Government Corporation for resale to Builders of Hope Community Development Corporation, with a late amendment directing that a minimum of two and a maximum of three lots in District 2 be sold on the open market. The action came after more than an hour of public comment and extended council discussion.
The vote follows a staff presentation from Jose Guerrebe, special projects manager, who described the Neighborhood Renaissance program history and presented four price/package options for selling the lots to Builders of Hope. The options proposed minimum lot sale prices to Builders of Hope ranging from $45,000 to $65,000 tied to maximum sales prices for…
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