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Council weighs transfer of downtown Gay Street parking lot to Knox County land bank
Summary
Council discussed a proposed transfer of two city-owned parcels/one parking lot on Gay Street to the Knox County Land Reutilization Corporation; land bank and administration described plans to create public parking and an HOA to maintain the lot, and the resolution received a second reading.
Council discussed a plan to transfer fee-simple title for two city-owned parcels — a reservation-only parking lot on Gay Street adjacent to the former Mount Vernon News building — to the Knox County Land Reutilization Corporation (land bank).
Tanner (administration) introduced Resolution 2025-42 and said the parcels consist of one parking lot that the parking company has had difficulty filling under a reservation system. Tanner said the suggestion to transfer the lot to the land bank originated from a downtown parking stakeholder and not the city. "This was not the city coming up…
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