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Commission considers removing reversionary clause on 2121 Wilson St. to support Avondale affordable housing initiative
Summary
County staff introduced Resolution 525-16 to release Hamilton County's reversionary right on 2121 Wilson St., allowing the city of Chattanooga to include the parcel in its affordable housing initiative; commissioners asked for the city's process documents and restrictions before final action.
Hamilton County commissioners were briefed on Resolution 525-16, a request from the city of Chattanooga to release the county's reversionary right and resale provision on property at 2121 Wilson St., tax map number 136MC003.
Todd, a county real property staff member, told the commission the parcel was acquired as a delinquent-tax (back tax) property and had been given to the city to support the Avondale Community Center development with a reversionary…
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