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Council approves purchase of parcels for proposed Resource Recovery and Recycling Campus
Summary
The council authorized purchase agreements and an installment contract for multiple parcels north of the industrial area to assemble land for a Resource Recovery and Recycling Campus; the city negotiated a delayed-payment contract for one parcel and secured a five-year right of first refusal on a nearby lot.
The City Council approved purchase agreements to assemble land for a proposed Resource Recovery and Recycling Campus (R3C). City staff presented five parcels under consideration; three were marketed parcels the city will buy under conventional purchase agreements and a fourth parcel was secured via an installment contract that delays principal payment until 2026.
Purchase details: Staff summarized a negotiated conventional purchase totaling $270,000…
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