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Committee approves price reduction for City Center building sale after water damage
3203678 · May 6, 2025
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Summary
The committee approved an amendment to reduce the purchase price for the City Center building at 146 South High Street from $1,000,000 to $769,210 to account for water damage discovered before closing; the amendment was approved under emergency suspension.
The Akron City Council Planning Committee approved an amendment to the purchase and development agreement for the City Center building at 146 South High Street, reducing the sale price from $1,000,000 to $769,210 to reflect water damage discovered at the property before closing.
Staff said council previously authorized…
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