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Commission returns $2 million land‑bank MOU for housing to reflect medical‑district and city‑asset priorities

3686214 · May 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The City Commission discussed a revised memorandum of understanding on June 3 to allocate $2 million to the land bank for housing, with commissioners debating directing $1 million to the medical district and $1 million to projects near city‑owned sites, including South Side investments.

The City Commission on June 3 discussed revisions to a previously proposed memorandum of understanding that would commit $2,000,000 to the Daugherty County/City land bank for housing initiatives.

City attorney Michael Custer and commissioners described a compromise whereby $1,000,000 would be allocated to development in the medical district and the remaining $1,000,000 would be used for housing…

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