Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Resident says city sued to reclaim TIRZ 3 lot; urges council to negotiate rather than pursue reverter
Summary
Ron D'Amico told the council the city is trying to enforce a reverter clause to take back a lot he bought in TIRZ 3; he said he offered settlements and is contesting the suit in court.
Resident Ron D’Amico addressed the council during public comment and said the city has sued him to seize a lot he purchased in Tax Increment Reinvestment Zone (TIRZ) 3, invoking a reverter clause in the deed.
D’Amico’s account: D’Amico said he bought the lot in Terrace 3 intending to build an elevated home and that the city previously represented that buyouts, rather than elevations, were the expected remedy for properties in that zone. He said the city later announced buyouts were no longer budgeted and switched to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
