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City committee votes to surplus three city parcels; RFPs and broker marketing planned
Summary
The Policy and Finance Committee approved resolutions to declare three city-owned parcels surplus and authorized staff to prepare RFPs and engage a commercial broker to market the properties, with conditions on certain parcels and disclosures about environmental issues and funding restrictions.
The Policy and Finance Committee on Aug. 21, 2025, approved resolutions to surplus three city-owned parcels and authorized staff to develop requests for proposals (RFPs) and to engage a commercial broker to market the properties.
Deputy City Manager Kofly told the committee the move is part of revenue-generation efforts tied to the current budget shortfall: “we have a budget crisis going on right now,” he said, and staff wants to activate the parcels so they are back on the tax rolls and potentially used for affordable housing or commercial development.
Parcels and key details: - 400 SE Eighth Ave (large parking lot behind City Hall): Staff estimated a value of $773,007.52; county 2025 assessed value listed as $486,000. The tract is about 2.5 acres. The north portion is…
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