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Board authorizes property exchange to resolve pending condemnation suit
2708393 · March 19, 2025
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Summary
To resolve pending litigation, the board approved an agreement to convey 26.4 acres in the industrial development park to the Greenway Irrevocable Trust in exchange for 40 acres at First Avenue North; the motion passed unanimously.
The Board of Mayor and Aldermen approved an agreement in principle to settle pending condemnation litigation by exchanging city property with the Greenway Irrevocable Trust.
The motion — offered in the meeting for purposes of settling the "baggage condemnation" lawsuit — authorized the mayor to sign…
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