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Montgomery council approves transfer of downtown property to MEDC after heated debate
Summary
Council voted to transfer a 6,000-square-foot building at 203 and 213 Prairie Street to the Montgomery Economic Development Corporation for marketing and sale; the transfer price, appraisal, and process prompted objections from some council members.
Montgomery — The Montgomery City Council voted Aug. 26 to authorize an interlocal agreement with the Montgomery Economic Development Corporation (MEDC) concerning city-owned property at 203 and 213 Prairie Street (ZIP corrected to 77356 in council action). The vote approves transferring the property to MEDC for the purpose of marketing and sale under terms discussed at the meeting.
Council materials and speakers stated the city purchased the 6,000-square-foot building on the site in May 2022 for…
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