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Council declines two rehab agreements for Haywood Street properties tied to out-of-state developer
Summary
The council voted down Resolution R2559 and later rejected R2560 after recalling and re-voting; members cited the developer's absence at the meeting and expressed concern the company is out-of-state (Newman Capital Ventures LLC).
The North Little Rock City Council rejected two resolutions to authorize rehabilitation agreements for properties on Haywood Street after council members said the developer or a local representative did not appear at the meeting.
Resolution R2559 would have authorized a rehab agreement for real property at 4509 Haywood Street with Newman Capital Ventures LLC. Council discussion centered on the absence of a local representative and the fact…
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