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Finance Committee OKs purchase of five Kingston Business Park parcels for $25,000

3646217 · March 13, 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 committee authorized buying five small, slope‑prone parcels adjacent to Kingston Business Park for a combined $25,000 and agreed to move into an executive session to discuss the real‑estate transaction.

The Finance Committee on April 12 authorized the city to purchase five adjacent parcels on Fourth Avenue abutting the Kingston Business Park for a combined $25,000, a city staff presenter said.

The parcels are being acquired to preserve a future connection between the business park and the adjoining Avenues neighborhood and to give the city a strategic position should redevelopment occur, the presenter said.

Bartek, a city housing staff member who led the study of the business park, told the committee the redevelopment study found the park could…

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