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Logan Redevelopment Agency reports property sales, modest reserves and potential focus on North Main redevelopment
Summary
At the redevelopment agency presentation, staff said two RDA-owned buildings were sold in April, increasing liquidity; the agency reported about $2.2 million in property holdings and similar fund reserves and identified 300 North Main as a prospective redevelopment focus.
The Logan Redevelopment Agency (RDA) reported asset sales and modest liquidity during a May 2025 presentation to the council in which staff outlined recent property dispositions, current reserves and potential future project areas.
Kirk (RDA presenter) said two RDA-owned buildings were sold as a package in April, generating proceeds that improved the agency's fund…
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