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Commission revisits $2 million land‑bank MOU; members press for South Side investments and medical‑district focus
Summary
The commission discussed revisions to a memorandum of understanding to direct $2 million to the land bank for housing initiatives — including a proposed $1 million focus on the medical district and the remainder for areas near city‑owned assets — and asked staff to clarify paragraph text and project stewardship.
City Attorney Michael Custer returned a revised memorandum of understanding on June 3 that reflects earlier commission direction to dedicate $2,000,000 to land‑bank housing initiatives and to target some funds to specified areas.
Under the revised proposal discussed publicly, commissioners said roughly $1,000,000 should support projects adjacent to the medical district and the remainder should be used for parcels near city‑owned assets, including Story Road and city parks. “This is a golden opportunity,” Commissioner John Howard said, urging use of American Rescue Plan Act funds and year‑end…
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