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Pasco commissioners approve surplus Colfax Drive lot for affordable housing nonprofit with reversion clause; one commissioner opposes
Summary
The board approved disposing of a county-held vacant lot on Colfax Drive to Tampa Bay Neighborhood Housing Services for development of two affordable homes, accepting a nominal $10 transaction with a three‑year construction reversion clause; one commissioner opposed the sale.
The Pasco County Board of County Commissioners voted on Feb. 25 to approve the surplus disposition of a county-owned parcel on Colfax Drive to a nonprofit housing developer for construction of two single-family homes.
County staff presented the parcel as two adjoining lots totaling about 100 by 127 feet, appraised at $26,993 for vacant land. Staff said no property taxes had been paid on the parcel since 2006, producing more than $25,000 in lost tax revenue, and that county expenses tied to the parcel —…
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